The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread)

[JayJuanGee]

I personally could appreciate a dump down into the lower $900s based on a non passage of the ETF - but I have trouble seeing how such news (absent some other big negative BTC news or big FUD spreading) would cause breakage in the support that is in the $800s, $700s, $600s, that would be required to get prices to the mid $500s... just seems in the less than 5% probability territory (at this time, as I type).

Yeah, I don't see it going much under $900 at all either for the reasons you're saying, but the link seems to claim there's a greater than 50% chance of it doing so.

I would think that since this is "the bullish media" thread, then we should spend considerable time justifying any kind of bearish information (or links) that we post, no?  Otherwise, you are not "bullish" in compliance with the thread but instead just come off as spreading bearish FUD (without explaining why it might not be FUD)..

So, having said that.. 50/50 is way too high of a bearish scenario and should be explained (if there is any possible basis for it) rather than just relying on purported expert in an article, no?

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[rogerwilco]

I personally could appreciate a dump down into the lower $900s based on a non passage of the ETF - but I have trouble seeing how such news (absent some other big negative BTC news or big FUD spreading) would cause breakage in the support that is in the $800s, $700s, $600s, that would be required to get prices to the mid $500s... just seems in the less than 5% probability territory (at this time, as I type).

Yeah, I don't see it going much under $900 at all either for the reasons you're saying, but the link seems to claim there's a greater than 50% chance of it doing so.

I would think that since this is "the bullish media" thread, then we should spend considerable time justifying any kind of bearish information (or links) that we post, no?  Otherwise, you are not "bullish" in compliance with the thread but instead just come off as spreading bearish FUD (without explaining why it might not be FUD)..

So, having said that.. 50/50 is way too high of a bearish scenario and should be explained (if there is any possible basis for it) rather than just relying on purported expert in an article, no?

I'm saying the article had a highly bearish component to it. I myself am not bearish at all.

[Fakhoury]

News URL : http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

Ouch! The price may fall to $551 if the SEC rules against the ETF? And I thought the PBOC stuff was bad!

This is extremely pessimist, we have a lot of supports and hungry buyers waiting to buy at these prices, plus Bitcoin is becoming more and more resilient. So don't panic, buy and HODL

buy buy buy!!!

Always has been, at ANY price

It's a bullish comic relief so it's welcomed, thank you for the share our dear Kehtolo, nice to see you back (I'm sorry if this is the first time for you, but I somehow recall you are a precious member of our family, if not, you are already )

Awww staahp... you're too nice! Cheers.. keep up the bullish vibes.

I'm always lurking somewhere..

"Your vibes attract your tribes!" 

You've said it, "Your vibes attract your tribes!" and "Good people attract Awesome people like you "

News URL : http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

Ouch! The price may fall to $551 if the SEC rules against the ETF? And I thought the PBOC stuff was bad!

That is a strange assessment Rogerwilco.

It is as if you are giving too much weight to the possibility of $551 - when the fact of the matter is that there is nothing really certain and there are a whole hell of a lot of factors at play that are pushing prices in both direction.  There are also possibilities of zero and there are possibilities of going below $200, but we do not give those possibilities a lot of weight because they are seemingly increasingly low - just like the theory that prices may fall to $551 if the ETF fails to pass.

Let's say that the latest probabilities of the ETF passing of 40% is more or less correct, and the ETF in fact does not pass, even though 40% of folks were expecting it to pass, we could get a dump of BTC, but then again, we might not get anything because it is possible that maybe these latest upward BTC price pressures and pumps are not in anticipation of the ETF approval, but merely overall optimism about bitcoin overall


I personally could appreciate a dump down into the lower $900s based on a non passage of the ETF - but I have trouble seeing how such news (absent some other big negative BTC news or big FUD spreading) would cause breakage in the support that is in the $800s, $700s, $600s, that would be required to get prices to the mid $500s... just seems in the less than 5% probability territory (at this time, as I type).

Lets think about it JJG.

1. ETF Website (Up-to-date).
2. ETF Logo.
3. Official Twitter account created less than 48 hours from the time of writing this reply.
4. Agreements with top-notch finical companies.

All of this and more, and in last we have no ETF ? Really ?

[Fakhoury]

News URL : https://www.cryptocoinsnews.com/analysts-ready-trading-frenzy-sec-approves-bitcoin-etf/

[Fakhoury]

News URL : https://cointelegraph.com/news/bitcoin-price-shrugs-off-btcc-joining-okcoin-huobi-in-bitcoin-litecoin-suspension

[Fakhoury]

News URL : https://news.bitcoin.com/legislators-bitcoin-has-broad-benefits-for-hawaii/

[Fakhoury]

First time to be seen: 50.03 percent of nodes running core 0.13.1 and 0.13.2! Plus those few 0.13.99, the majority of full nodes is pro-segwit!

Credits : https://www.reddit.com/r/Bitcoin/comments/5tduja/first_time_to_be_seen_5003_percent_of_nodes/

[JayJuanGee]

News URL : http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

Ouch! The price may fall to $551 if the SEC rules against the ETF? And I thought the PBOC stuff was bad!

This is extremely pessimist, we have a lot of supports and hungry buyers waiting to buy at these prices, plus Bitcoin is becoming more and more resilient. So don't panic, buy and HODL

buy buy buy!!!

Always has been, at ANY price

It's a bullish comic relief so it's welcomed, thank you for the share our dear Kehtolo, nice to see you back (I'm sorry if this is the first time for you, but I somehow recall you are a precious member of our family, if not, you are already )

Awww staahp... you're too nice! Cheers.. keep up the bullish vibes.

I'm always lurking somewhere..

"Your vibes attract your tribes!" 

You've said it, "Your vibes attract your tribes!" and "Good people attract Awesome people like you "

News URL : http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

Ouch! The price may fall to $551 if the SEC rules against the ETF? And I thought the PBOC stuff was bad!

That is a strange assessment Rogerwilco.

It is as if you are giving too much weight to the possibility of $551 - when the fact of the matter is that there is nothing really certain and there are a whole hell of a lot of factors at play that are pushing prices in both direction.  There are also possibilities of zero and there are possibilities of going below $200, but we do not give those possibilities a lot of weight because they are seemingly increasingly low - just like the theory that prices may fall to $551 if the ETF fails to pass.

Let's say that the latest probabilities of the ETF passing of 40% is more or less correct, and the ETF in fact does not pass, even though 40% of folks were expecting it to pass, we could get a dump of BTC, but then again, we might not get anything because it is possible that maybe these latest upward BTC price pressures and pumps are not in anticipation of the ETF approval, but merely overall optimism about bitcoin overall


I personally could appreciate a dump down into the lower $900s based on a non passage of the ETF - but I have trouble seeing how such news (absent some other big negative BTC news or big FUD spreading) would cause breakage in the support that is in the $800s, $700s, $600s, that would be required to get prices to the mid $500s... just seems in the less than 5% probability territory (at this time, as I type).

Lets think about it JJG.

1. ETF Website (Up-to-date).
2. ETF Logo.
3. Official Twitter account created less than 48 hours from the time of writing this reply.
4. Agreements with top-notch finical companies.

All of this and more, and in last we have no ETF ? Really ?

I personally am not prepared to count those chickens yet, either in regards to the actual ETF being approved or the direction of the BTC market based on such approval, if such ETF were to go through.

I certainly have a decent stake in bitcoin and currently, my BTC holdings are nearly at 150% profits, and I am still about 1% higher allocated in BTC than my outline of a plan.  So, even though I am prepared for continued upwards price movement, as I have asserted many times, I consider any and all additional profits that come to my BTC portfolio as icing on the cake..

So, in that regard, I try not to be too emotionally invested in outcomes in either direction because I do not want to be overly disappointed if negative outcomes or less likely outcomes were to occur (even if at the moment the likelihood seems to be lower regarding negative outcomes playing out).

[bitebits]

JJG, this is a THE bullish thread. Please. No need for endless debates about probabilities and percentages.



https://www.reddit.com/r/btc/comments/5tgjo8/10_hours_ago_more_2225_of_the_bitcoin_sites_with/

[Fakhoury]

News URL : http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

Ouch! The price may fall to $551 if the SEC rules against the ETF? And I thought the PBOC stuff was bad!

This is extremely pessimist, we have a lot of supports and hungry buyers waiting to buy at these prices, plus Bitcoin is becoming more and more resilient. So don't panic, buy and HODL

buy buy buy!!!

Always has been, at ANY price

It's a bullish comic relief so it's welcomed, thank you for the share our dear Kehtolo, nice to see you back (I'm sorry if this is the first time for you, but I somehow recall you are a precious member of our family, if not, you are already )

Awww staahp... you're too nice! Cheers.. keep up the bullish vibes.

I'm always lurking somewhere..

"Your vibes attract your tribes!" 

You've said it, "Your vibes attract your tribes!" and "Good people attract Awesome people like you "

News URL : http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

Ouch! The price may fall to $551 if the SEC rules against the ETF? And I thought the PBOC stuff was bad!

That is a strange assessment Rogerwilco.

It is as if you are giving too much weight to the possibility of $551 - when the fact of the matter is that there is nothing really certain and there are a whole hell of a lot of factors at play that are pushing prices in both direction.  There are also possibilities of zero and there are possibilities of going below $200, but we do not give those possibilities a lot of weight because they are seemingly increasingly low - just like the theory that prices may fall to $551 if the ETF fails to pass.

Let's say that the latest probabilities of the ETF passing of 40% is more or less correct, and the ETF in fact does not pass, even though 40% of folks were expecting it to pass, we could get a dump of BTC, but then again, we might not get anything because it is possible that maybe these latest upward BTC price pressures and pumps are not in anticipation of the ETF approval, but merely overall optimism about bitcoin overall


I personally could appreciate a dump down into the lower $900s based on a non passage of the ETF - but I have trouble seeing how such news (absent some other big negative BTC news or big FUD spreading) would cause breakage in the support that is in the $800s, $700s, $600s, that would be required to get prices to the mid $500s... just seems in the less than 5% probability territory (at this time, as I type).

Lets think about it JJG.

1. ETF Website (Up-to-date).
2. ETF Logo.
3. Official Twitter account created less than 48 hours from the time of writing this reply.
4. Agreements with top-notch finical companies.

All of this and more, and in last we have no ETF ? Really ?

I personally am not prepared to count those chickens yet, either in regards to the actual ETF being approved or the direction of the BTC market based on such approval, if such ETF were to go through.

I certainly have a decent stake in bitcoin and currently, my BTC holdings are nearly at 150% profits, and I am still about 1% higher allocated in BTC than my outline of a plan.  So, even though I am prepared for continued upwards price movement, as I have asserted many times, I consider any and all additional profits that come to my BTC portfolio as icing on the cake..

So, in that regard, I try not to be too emotionally invested in outcomes in either direction because I do not want to be overly disappointed if negative outcomes or less likely outcomes were to occur (even if at the moment the likelihood seems to be lower regarding negative outcomes playing out).

I'm trying you use logic here my dear brother, I could be wrong for sure and I will admit that if I'm wrong.

But will the twins lose their credibility easily ? Note here that they are ALREADY in the Bitcoin business (Gemini and Winkidex) so a MOVE like this will cost them A LOT and as you know, once trust is broken, IT WILL NEVER COME BACK AGAIN, like a cup of glass where is fractured, it will never come back again to it's original state.

[Fakhoury]

JJG, this is a THE bullish thread. Please. No need for endless debates about probabilities and percentages.



https://www.reddit.com/r/btc/comments/5tgjo8/10_hours_ago_more_2225_of_the_bitcoin_sites_with/

Extremely happy to see you so often Bitebits, and I like the talk of numbers because it comes on our (bullish) side.

Keep it up brother !!

[bitebits]

https://twitter.com/ARKblockchain/status/830449521327009794

[Fakhoury]

https://twitter.com/ARKblockchain/status/830449521327009794

As I said, it seems I'm not the only crazy one who thinks that we will have the ETF approved.

[Fakhoury]

News URL : https://www.cryptocoinsnews.com/high-transaction-fees-arent-big-issue-bitcoin/

[Fakhoury]

News URL : https://news.bitcoin.com/pboc-exchange-shakeup-china-localbitcoins-volume-surges/

[Fakhoury]

News URL : https://news.bitcoin.com/hedge-funds-buying-mt-gox-bitcoin-claims/

[Fakhoury]

News URL : https://news.bitcoin.com/reusable-payment-codes-useful/

[Fakhoury]

News URL : https://news.bitcoin.com/could-bitcoin-affect-emerging-market-monetary-policy/

[Fakhoury]

News URL : https://news.bitcoin.com/four-bitcoin-exchanges-little-identity-verification/

[Fakhoury]

News URL : https://news.bitcoin.com/decentralizing-tea-industry-bitcoin/