infofront (OP)
Legendary
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Activity: 2590
Merit: 2623
Shitcoin Minimalist
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July 26, 2018, 08:58:12 PM |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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July 26, 2018, 08:59:14 PM |
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Biodom
Legendary
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Activity: 3346
Merit: 2877
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July 26, 2018, 09:00:05 PM |
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Zuck might have called SEC to do it today just to lift his spirits  Sidenote: twins cannot get a f-g brake. |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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July 26, 2018, 09:01:55 PM |
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No ETF because...bitcoin is traded outside the US. Unlike gold, oil, etc.? |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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July 26, 2018, 09:03:34 PM |
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Well, that dip was entirely uncalled for !  Looks like the rejected Winklevoss ETF might have spooked the ETF hype folks. The reason given is that there is too much manipulation of bitcoin prices outside the US. There is nothing different with the other ETF applications that would change that. |
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Biodom
Legendary
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Activity: 3346
Merit: 2877
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July 26, 2018, 09:11:06 PM |
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No ETF because...bitcoin is traded outside the US. Unlike gold, oil, etc.? In fiat some get vastly different interest rates then the rest of us. As a result, in fiat system some (with interest rates close to zero) can accumulate vast amounts of assets. Don't expect the unfair system to play fair with the competition. |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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July 26, 2018, 09:14:18 PM |
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The SEC gave a roadmap for how they would accept a rule change:
"existing or newly created bitcoin futures markets may achieve significant size, and an ETP listing exchange may be able to
demonstrate in a proposed rule change that it will be able to address the risk of fraud and
manipulation by sharing surveillance information with a regulated market of significant size
related to bitcoin, as well as, where appropriate, with the spot markets underlying relevant
bitcoin derivatives. Should these circumstances develop, or conditions otherwise change in a
manner that affects the Exchange Act analysis, the Commission would then have the opportunity
to consider whether a bitcoin ETP would be consistent with the requirements of the
Exchange Act."
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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July 26, 2018, 09:14:28 PM |
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Have skimmed at 200 mph. Permanent disallowance of Winklevoss trust trading. Assume this is shooting down the Winkle ETF? Edit: now I read the tweet. Today is obviously do things the hard way day. Let’s see if $8k is hot air Whee $140 down in the time it took me to write that sentence |
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mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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July 26, 2018, 09:23:07 PM |
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What happened with the SEC i thought it was all in motion to announce close to the 10th August What the hell am I missing. This is frustrating.  Try to play the game it does not work. Any help. |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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July 26, 2018, 09:26:33 PM |
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Don’t believe the hype. It was never going to happen.
Buying opportunity of a lifetime coming. Patience.
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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July 26, 2018, 09:27:30 PM |
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What happened with the SEC i thought it was all in motion to announce close to the 10th August What the hell am I missing. This is frustrating. Try to play the game it does not work. Any help. This is a different etf than the one we were all talking about. |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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July 26, 2018, 09:28:26 PM |
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Don’t believe the hype. It was never going to happen.
Buying opportunity of a lifetime coming. Patience.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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July 26, 2018, 09:37:56 PM |
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Bbut... but Anon, it's like when you want a car engine to 'scale' to higher horsepower and speed, the most straightforward way is to simply add more cylinders! V32 engines for everyone so we can get places faster, amiright? /s
Stupid analogy is stupid. If you want a transportation analogy, a closer analog would be passenger demand for a certain train route exceeding capacity solved by adding more passenger cars to the train. Still a stupid analogy, but an order of magnitude closer to the situation at hand. Dude you are eating my merits! Put those pic'a'nic baskets down! For the record, I maintain that segwit was a mistake. And that bcash is shit. And no, these are not contradictory, Torque. Feel less and think more. |
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Raja_MBZ
Legendary
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Activity: 1848
Merit: 1502
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July 26, 2018, 09:38:42 PM |
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Rosewater Foundation
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July 26, 2018, 09:39:19 PM |
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It's like abracadabra. You have to say eeeteee-eff and have magical powers. Otherwise it's just nonsense. |
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El duderino_
Legendary
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Activity: 2100
Merit: 10090
BTC + Crossfit, living life.
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July 26, 2018, 09:46:44 PM |
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@wekkel ..., your dutch? And let iT be unavoidable ... Thats total fine for me |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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July 26, 2018, 09:46:59 PM |
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Spoofy defeated the SEC   Please place your altcoins in the receptacle provided. |
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