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Author Topic: ETF Rejected  (Read 6938 times)
jacafbiz
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March 13, 2017, 07:35:12 AM
 #141

I think everyone have made their trading decision before the decision where made, the shorter were taking out of their positions  prior to the anouncement by pumping the price above $1300, and some people know that this is a good entry point if the price dump below $1000, in the end Bitcoin wins

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freedomno1
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March 13, 2017, 07:14:23 PM
 #142

The argument was that the opacity of Bitcoins is not clean enough for an ETF
The EU wants to track the transactions to monitor Bitcoin
Probably a co-related factor.
http://www.coindesk.com/eu-draft-law-plan-monitor-bitcoin/


http://www.marketwatch.com/story/dont-bet-on-a-bitcoin-etf-happening-soon-analysts-say-2017-03-13
Not that it matters the market has said if we have to do that whole monitoring thing why bother lets just keep moving as is and let the regulations catch up to us, or move to opaque alt-coins.

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Pettuh4
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March 13, 2017, 07:29:08 PM
 #143

Well save the politics and find us the right solution. I'm neither for nor against but just looking for the right solutions to make Bitcoin better.
Soul Reaper
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March 20, 2017, 07:49:14 AM
 #144

This was a very bad event.
As it led to the prices of bitcoins fall drastically which we can see now.
Now more and more people will tend to purchase bitcoins as an investment.
And after some time the prices will rise again.
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