Bitcoin Forum
November 13, 2024, 02:06:45 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Poll
Question: Will the Wilklevoss ETF get approved by March 11th, 2017?
Yes - 44 (50.6%)
No - 43 (49.4%)
Total Voters: 87

Pages: « 1 2 [3]  All
  Print  
Author Topic: What are the odds of Winklesoss ETF passing? [POLL]  (Read 3026 times)
1Referee
Legendary
*
Offline Offline

Activity: 2170
Merit: 1427


View Profile
February 11, 2017, 10:06:18 AM
 #41

Until today I was more close to "No", but now I vote for "yes". It's because of this strange price recoveries that happen every time we see a dump (since January). In earlier bubbles the price got much lower after a dump and I never saw it recover that fast.

The reason is possibly that there are "insiders" that have some idea what the possible outcome could be and are buying, speculating on a price explosion after positive news.

Strange price recoveries? Nothing strange about it since it has been happening for years. It's a constant repetitive pattern that the market is moving in. Insider trading is a common thing in the Bitcoin world as that bit of information is worth possibly millions of $$ every year. Sell it to traders and whoever is interested, and you'll make a ton of easy money with barely doing anything. Exchange operators and the wealthy traders being supported are the ones that rule this market with iron fist.
LLec
Hero Member
*****
Offline Offline

Activity: 798
Merit: 501



View Profile WWW
February 11, 2017, 01:59:46 PM
 #42

I can not see it happening if bitcoin keeps on this downward trend and if it reaches below what it was from before last year's end then it won't get passed.
That is for certain. Embarrassed

What does price have to do with anything? There are tons of ETFs that have lost shit tons of money. What they care about is safety and viability. The price is someone else's problem.
Yes you are right with this statement.
I didn't quite know what the meaning of etf was and I see that when the price is changed it does not affect this at all.
And yes the price is someone's elses problem when it comes to anyone holding their bitcoins in this security.
I got alot more reading to do about this before I offer my opinion on it.
Thanks for clearing this up for me.
Yours truly,
LLec
alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
February 11, 2017, 03:23:53 PM
 #43

One thing is sure, they have had enough time to work things out. If it still doesn't get approved, then something is fundamentally wrong. Not that it would change much for me if it doesn't get approved, but I think it will disappoint quite some people as this (once approved) may turn out to be an entry point for high level investors that are waiting on the side lines right now.

That something will be the concentration of mining in China, plus the backlog in transactions. Both shout "mickey mouse currency".

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
d5000
Legendary
*
Offline Offline

Activity: 4088
Merit: 7562


Decentralization Maximalist


View Profile
February 11, 2017, 05:00:56 PM
 #44

Strange price recoveries? Nothing strange about it since it has been happening for years. It's a constant repetitive pattern that the market is moving in.

After crashes, we had recoveries - here you're right. But never (after 2011) in a time period we saw recently. In most cases, recoveries were much faster or much slower.

One can cite, for example, the recoveries during the 2013 bubbles, that never needed more than ~10 days to reach a previous maximum. And as for the slower recoveries, there are the 2011-2013 recovery (almost 2 years) and the mid-2013 recovery (6+ months) and last but not least the 2014-17 recovery (3 years).

I interpret the slower recoveries as normal price behaviour after bubbles and the faster recoveries as simple retracements in a bull market. This time it seems different.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
BiTZeD
Sr. Member
****
Offline Offline

Activity: 379
Merit: 250



View Profile
February 11, 2017, 08:26:33 PM
 #45

Sadly it will not pass. Some banks or some great companies such as PayPal will pay for it to not get accepted. They will then give a fake reason. This is how it works.

disconnectme
Hero Member
*****
Offline Offline

Activity: 1876
Merit: 512


View Profile
February 14, 2017, 11:13:11 AM
 #46

Sadly it will not pass. Some banks or some great companies such as PayPal will pay for it to not get accepted. They will then give a fake reason. This is how it works.

I think you will be proved wrong, Bitcoin has passed the stage of denial and this people know it, the ETF will be passed and the price of BTC would skyrocket. Get out of Altcoins before March 1


█ ▀  ▄
  ▄ █  █▌ 
▄    █
        ███
                  ▀▀▀▀▀██
         ███          ███
      ███     【】     ███
   ███   【】【】   ███
██▀           █  █         ▀██         
█▄          █  █        ▄██
   ███       █  █     ███
      ███   █  ███ 
         ███    █    ███
            ███   ███

.T o o l K i t z A I .Break The Barrier.

██████
██
██
██
██
██
██
██
██
██
██
██
██████

███████████████████████████████████████████████████
.
TRY DEMO
.
███████████████████████████████████████████████████

██████
██
██
██
██
██
██
██
██
██
██
██
██████


                      ▄▄████
                 ▄▄████████▌
           ▄▄█████████▀███
     ▄▄██████████▀▀  ▄███▌
▄████████████▀▀    ▄█████
▀▀▀███████▀     ▄███████▌
      ██     ▄█████████
       █   ▄██████████▌
       █   ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
rjclarke2000
Legendary
*
Offline Offline

Activity: 1358
Merit: 1016



View Profile
February 14, 2017, 11:22:35 AM
 #47

Sadly it will not pass. Some banks or some great companies such as PayPal will pay for it to not get accepted. They will then give a fake reason. This is how it works.

I think you will be proved wrong, Bitcoin has passed the stage of denial and this people know it, the ETF will be passed and the price of BTC would skyrocket. Get out of Altcoins before March 1



I'd very much love you to be correct disconnectme
Searing (OP)
Copper Member
Legendary
*
Offline Offline

Activity: 2898
Merit: 1465


Clueless!


View Profile
February 14, 2017, 12:06:18 PM
 #48

SEC insiders have been buying over the last year so they have a decent stash before approval.  Price will skyrocket when trading starts and make them all very rich.

Heh...damn...got 100 btc plus...I 'resemble' those people....would be nice if you were correct and I ambled in behind such with my 100 btc Smiley

pays to be a paranoid hoarder of btc I guess it this comes to pass Smiley


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
Zebedee23
Legendary
*
Offline Offline

Activity: 2086
Merit: 1001


View Profile
February 14, 2017, 02:43:13 PM
 #49

Pretty sure there is more chance of ETF happening now Trump is President!!!
Slark
Legendary
*
Offline Offline

Activity: 1862
Merit: 1004


View Profile
February 14, 2017, 03:24:20 PM
 #50

Pretty sure there is more chance of ETF happening now Trump is President!!!
Trump has zero influence on SEC's decision, as it is not political one, and even if he could do something about their stance, why would he do this?
There is nothing to gain for anyone except cryptocurrency community: banks, big business or Wall Street don't care about Coin ETF.  
 

I voted in this poll - and surprise, surprise, we have completely dead even numbers: 38-38 for both answers.
Unfortunately, this result, doesn't reflect real chances of ETF being approved at all.
Financial analysts claim there is less than 30% chance that SEC will give ETF a go.
alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
February 14, 2017, 04:31:35 PM
 #51


Financial analysts claim there is less than 30% chance that SEC will give ETF a go.


It is the moining concentration behind the Great Firewall of China that is the real sticking point. It is a real shame that Satoshi's vision of mining distributed evenly across the world didn't come to pass.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3015


Welt Am Draht


View Profile
February 14, 2017, 04:54:17 PM
 #52

It is the moining concentration behind the Great Firewall of China that is the real sticking point. It is a real shame that Satoshi's vision of mining distributed evenly across the world didn't come to pass.

Mining is a fluid thing that fluctuates constantly. It's quite possible the Chinese government may start sniffing around miners too. They must be doing some enormous OTC deals somewhere along the line.

Perhaps it'll come back to the rest of the world sooner than we realise. That would be a welcome development.
Maskedman
Sr. Member
****
Offline Offline

Activity: 244
Merit: 250


View Profile
February 14, 2017, 10:03:59 PM
 #53

The feeling is very splitted, with barely 50/50%. For now, I have no precise idea, and I can not even rely on the poll, so I guess I will have to wait until March 11th.
edgar
Legendary
*
Offline Offline

Activity: 1848
Merit: 1001


View Profile
February 15, 2017, 07:03:09 AM
 #54

SEC insiders have been buying over the last year so they have a decent stash before approval.  Price will skyrocket when trading starts and make them all very rich.

Heh...damn...got 100 btc plus...I 'resemble' those people....would be nice if you were correct and I ambled in behind such with my 100 btc Smiley

pays to be a paranoid hoarder of btc I guess it this comes to pass Smiley



Really?? ur back up to over 100 'just like that'?

rjclarke2000
Legendary
*
Offline Offline

Activity: 1358
Merit: 1016



View Profile
February 15, 2017, 07:10:24 AM
 #55

People thought it was crazy to suggest trump could be president, people thought Britain would not vote for Brexit.

Anything can happen.
CoinCidental
Legendary
*
Offline Offline

Activity: 1316
Merit: 1000


Si vis pacem, para bellum


View Profile
February 15, 2017, 08:58:48 AM
 #56

Many People say   a trump administration will approve anything that makes sense for the bottom Line, and that would even include being first to offer a bitcoin etf before china or Japan starts one... Huh

I think we may get a nice surprise gentlemen!
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!