Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[becoin]

It is sooooo easy to make money during such sell offs. Just buy the dips and hold!

[1715648391]

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[Cassius]

Latest appears to be that ETF deadline may come and go and it will be approved by default (apparently such is often the way of things in these matters). Is that a reasonable TL;DR or are we expecting a specific statement at some point?

[bitcoinvest]

It is sooooo easy to make money during such sell offs. Just buy the dips and hold!

it's good tactic i have to agree.
there is one big but here and this is that we are going to see more dumps, charts not looking good to me.
I hope i am wrong and we stay little time at this level before moon trip

[talkbitcoin]

You forget the chinese withdrawals that start tomorrow. When the chinese people see that the price is dropping they always panic and sell. So this means that wee can expect a drop tommorrow, and when ETF is not approved, what is likely to happen, will cause in an another drop. We are going to test 950 usd

And on top of that all this BU llshit makes me all bullish. You know, "Buy when there is FUD in the streets". Not to fast, nor to slow. It's picking up Bitcoins at a bargain time. Later living that "Bitcoin summer" when the harvest for the brave comes in.

Exactly. The FUD and the price going down is a good signal we may see a significant price rise soon (and the ETF being approved). This market is totally manipulated by whales. Apparently they want cheap coins.

If we were still going up right now I'd be bearish.

that's right.
i am actually starting to like news FUD like this because it always means a big dip and in these dips everyone gets a lot of money to buy even more bitcoin and make the next accumulation like a piece of cake leading to an even bigger price rise.

if ETF is approved i'll see you at above $1500

[toknormal]

What is this, just out of interest ?

https://www.sec.gov/rules/sro/batsbzx/2017/34-80169.pdf

[rjclarke2000]

I know we are still down compared to a couple of days ago but this second recovery is impressive.

[becoin]

What is this, just out of interest ?

https://www.sec.gov/rules/sro/batsbzx/2017/34-80169.pdf

Looks like the last hurdle to COIN ETF approval is cleared:

The Commission is publishing this notice to solicit comments on Amendment Nos. 1 and 2 from interested persons, and is approving the proposed rule change, as modified by Amendment Nos. 1 and 2, on an accelerated basis.

[Stevenirving]

https://news.bitcoin.com/major-chinese-exchanges-postpone-return-withdrawals/

I really needed that pump from coming back in full

[nrg1zer]

Why is this a 1?
What am I missing?
Is ETF by tomorrow?
Have I lost my mind?!

Anyone?

I need to know too what this jumping one is. Im guessing forever, but i have no clue :/

[spiderbrain]

It's exactly the same rule that BATs asked the SEC to change to allow the COIN ETF
https://www.sec.gov/rules/sro/batsbzx/2016/34-78262.pdf

so it might be the SEC approving COIN in the most understated way ever..?

[Stevenirving]

Why is this a 1?
What am I missing?
Is ETF by tomorrow?
Have I lost my mind?!

Anyone?

I need to know too what this jumping one is. Im guessing forever, but i have no clue :/

Clearly they have insider knowledge that today the etf approves   

[edgar]

crearry...

[Stevenirving]

crearry...

Indeed crearry. Anyone who says otherwise is lying

[LFC_Bitcoin]

Anybody starting to feel a little nervous, uneasy?

I'm not on about the recent dump. I'm hoping we don't see a ridiculous dump as a result of a rejected ETF. I'm HODLING strong but I hope we don't get bad news in the next few days.

[leowonderful]

Anybody starting to feel a little nervous, uneasy?

I'm not on about the recent dump. I'm hoping we don't see a ridiculous dump as a result of a rejected ETF. I'm HODLING strong but I hope we don't get bad news in the next few days.

It won't be so bad even if the ETF is rejected, 1000 will be the lowest we'll likely go and even then we'll recover as people buy up cheap coins. HODL life induces nervousness but you just have to remember to keep HODLing Just don't think too much about it, drink a cup of coffee and do something else and let the news roll in by itself.

[Searing]

Latest appears to be that ETF deadline may come and go and it will be approved by default (apparently such is often the way of things in these matters). Is that a reasonable TL;DR or are we expecting a specific statement at some point?

I read that NO ETF has ever been approved by taking NO action. Just saying odds are they will announce something.

What is this, just out of interest ?

https://www.sec.gov/rules/sro/batsbzx/2017/34-80169.pdf

Looks like the last hurdle to COIN ETF approval is cleared:

The Commission is publishing this notice to solicit comments on Amendment Nos. 1 and 2 from interested persons, and is approving the proposed rule change, as modified by Amendment Nos. 1 and 2, on an accelerated basis.

Ok..my eyes started crossing.....reading above.....does it state that the ETF is gonna pass (?) or is it just kicked down the road again with the above 'rules changes"

(sorry have trained myself to mentally go NA NA NA NA NA whenever 'lawyereze' comes into my line of site...its a gift most times....not so much now

[600watt]

What is this, just out of interest ?

https://www.sec.gov/rules/sro/batsbzx/2017/34-80169.pdf

Looks like the last hurdle to COIN ETF approval is cleared:

The Commission is publishing this notice to solicit comments on Amendment Nos. 1 and 2 from interested persons, and is approving the proposed rule change, as modified by Amendment Nos. 1 and 2, on an accelerated basis.

i am no legal expert, but reading the pdf it seems you are correct. but where is the fireworks and champaign bottles? is it a counterfeit document or what is the problem?

[Searing]

What is this, just out of interest ?

https://www.sec.gov/rules/sro/batsbzx/2017/34-80169.pdf

Looks like the last hurdle to COIN ETF approval is cleared:

The Commission is publishing this notice to solicit comments on Amendment Nos. 1 and 2 from interested persons, and is approving the proposed rule change, as modified by Amendment Nos. 1 and 2, on an accelerated basis.

i am no legal expert, but reading the pdf it seems you are correct. but where is the fireworks and champagne bottles? is it a counterfeit document or what is the problem?

I really have to say .if it IS counterfeit document....they really, really have 'skills' ..well played....well played indeed...and if it is true and leaked...well played indeed again

likely it is 'fake' or we'd have heard this from more then one source here on bitcointalk....IF I found this laying around..every btc portal would get it in their email box, etc.

Edit: ACK!

getting my ETF's mixed up..this is the BATS one...they get the process 'accelerated' from what I can tell..(I hate lawyereze)

[becoin]

Anybody starting to feel a little nervous, uneasy?

Close your shorts and get a sleep. You'll feel better.

[600watt]

Anybody starting to feel a little nervous, uneasy?

Close your shorts and get a sleep. You'll feel better.

Roger Ver is the BIGGEST hypocrite in the Bitcoin space.

This guy has sold almost all of his bitcoins a year ago to invest in dubious business projects. Now he is mad to see he had lost a fortune and could have done much better if he had just hodled his bitcoin stash. He is craving for cheaper bitcoins.

got any sauce? so no danger of him dumping his stash if he hearns out of bitcoin?