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

[Biodom]

Sheesh, I go for a snooze expecting a decision to be made by now, and they still haven't said bupkis?  

Eric Balchunas, a senior ETF analyst for Bloomberg Intelligence, who affirmed that he has heard chatter that the SEC will announce its decision between 5pm ET and 6pm ET.

Phil Bak, a former New York Stock Exchange managing director and current CEO of ETF issuer ACSI Funds, said he thinks the SEC will wait until US markets close to reveal its decision.

"Usually they come in during the morning, but in this case we can probably expect it after the close … I would expect it between 4:00 and 6:00 or so," he said in an email.

http://www.coindesk.com/winklevoss-bitcoin-etf-decision-may-come-us-stock-market-close/

You are right, of course, but it is such crock of ...
Why exactly it has to be after closing? A rhetorical question, of course.
There is exactly ONE security (GBTC) that is tied to this right now.

[BitcoinBA]

Government guys are the same assholes everywhere - why don't they just publish the time of anouncement??

[Killerpotleaf]

Are they waiting till after the markets close because the answer is a 'YES' ? Rejecting the ETF won't affect markets much, but approval just might cause a ripple.

Interesting idea ^

we have reason to believe the ruling comes today
if it is today, it will be after markets close.
if its after market close its because its a "YES"

3 dimensional speculation!

Not bad!

[podyx]

Is anybody here buying with leverage pre decision?

[Mahdi0]

A little after 4.00pm US EST time.

My bet, no info to support it whatsoever - apart from I used to live in Manhattan. I just think they will want to release it after trading hours at NYSE / NASDAQ.  

35 minutes... ish.

Battle positions, Gentlemen.

Fine wine at the ready or a nice cup of horlicks and a box of tissue to mop up the tears?

We americans don't know what horlicks is

Let me use the Google for you....




A mug of Horlicks. Horlicks is a malted milk hot drink developed by founders James and William Horlick. It is now marketed and manufactured by GlaxoSmithKline (Consumer Healthcare) in the United Kingdom, New Zealand, Hong Kong, Bangladesh, Pakistan, India, and Jamaica.
Horlicks - Wikipedia
https://en.wikipedia.org/wiki/Horlicks

lol all the colonies, except jamaica. looks like we got a pre-pump before THE pump.
or a pre-pump before the drop :0

[Killerpotleaf]

The price is creeping up. Does someone know something?

trump is buying

[HanvanBitcoin]

The price is creeping up. Does someone know something?

trump is buying

ETF news went to "AMERICA FIRST" 

Netherlands second 

[travwill]

CNBC just spent another couple minutes on Bitcoin, expecting decision anytime.  Seemed positive overall, noticing the 25% run up this year on expectations that it will approve - but couldn't indicate either direction...

They will surely cover pretty quick as well...

[steelboy]

The price is creeping up. Does someone know something?

trump is buying

Someone is......

[Killerpotleaf]

Is anybody here buying with leverage pre decision?

leverage buying or selling, pre decision, is kinda like going all in on black at the roulette table
the idea is to secure profits / take a hedging position.

[bitserve]

Is anybody here buying with leverage pre decision?

leverage buying or selling, pre decision, is kinda like going all in on black at the roulette table
the idea is to secure profits / take a hedging position.

I will probably use leverage if the ETF is rejected and the price drops. Doing it before knowing would be a too risky bet.

[BitcoinBA]

2 minutes....

[GreekGeek]

[steelboy]

Actually nervous, time for a drink.

[Ted E. Bare]

4:00 PM @ SEC headquarters

[Killerpotleaf]

its 4:00 the markets are closed for the day.

bitcoin market very much OPEN.

[GGALINff]

and now time for the crop forecast

[steelboy]

Is there actually going to be a streamed announcement from someone or will it just be a text added to a site somewhere?

[bitcoinminer42]

Whp knows...

[Spaceman_Spiff]

I imagine adrenaline levels are higher around the globe