lightfoot
Legendary
 Offline
Activity: 3192
Merit: 2288
I fix broken miners. And make holes in teeth :-)
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March 10, 2017, 09:29:58 PM |
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Bitcoin is really showing strength, We are at like 1170 before, now at 1090 only...
China and Japan are still sleeping tho its ok stevenirving, we won't tell your wife LOL. Just kidding i'm sure this will go back eventually to 1300s I was just driving home and she called me screaming. Its too late  Tough luck Steve. Give her half the bitcoins and the house and go get a new one No, the bitcoins are worthless. Split the house, keep the coins. |
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AZwarel
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March 10, 2017, 09:30:31 PM |
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"Based on the record before it, the Commission believes that the significant markets for bitcoin are unregulated. Therefore, as the Exchange has not entered into, and would currently be unable to enter into, the type of surveillance-sharing agreement that has been in place with respect to all previously approved commodity-trust ETPs—agreements that help address concerns about the potential for fraudulent or manipulative acts and practices in this market—the Commission does not find the proposed rule change to be consistent with the Exchange Act."
As I suspected, it's because of the wider Bitcoin market. China did their best but it wasn't enough. None of the other applications will get past this either.
It is funny on two grounds: 1. " potential for fraudulent or manipulative acts and practices in this market" because that never ever happens on the Wall Street... 2. A regulatory institute denies to regulate an new commodity market on the ground that this market is not regulated. LOL. By that logic, there will never be a bitcoin ETF, since there is no "official" bitcoin issuer to regulate. |
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rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
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March 10, 2017, 09:30:39 PM |
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There will be new ATH by the end of this month! And after it will hit $5000 within next 3 months!
Wow. Quite a statement |
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huanglui
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March 10, 2017, 09:30:45 PM |
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BTC soon to 800K Satoshi.
lol good one BTC BTC BTC |
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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March 10, 2017, 09:30:51 PM |
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I wonder how much all this has cost the Winklevii.
Maybe there is a lesson here. Why go asking for permission when you already have an asset which doesn't require it? This ETF never made sense to me from the start. The only argument I've ever seen for it is so people can put their 401k in "Bitcoin". Spot on. Also why did the SEC wait until the last possible hour on the thrice extended delays of the deadlines after deadline to announce with great fanfare (and huge insider gaming trading it appears) to disapprove? And it seems they never gave the Winklevoss a chance to withdraw their application before the deadline either it appears ... hung those poor feckers out to dry. I'd be super pissed if I was them. SEC proves to be just another tool for the Deep State to defend the monopoly money powers and entrenched vested interests. No surprises there. |
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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March 10, 2017, 09:31:30 PM |
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I wonder how the winks are feeling.
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promomei
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March 10, 2017, 09:32:14 PM |
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LOL blockchain.info/ still 1267.
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chopstick
Legendary
Offline
Activity: 992
Merit: 1000
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March 10, 2017, 09:32:28 PM |
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I think any denial of a Bitcoin ETF would be nearly 100% politically-motivated. It would mean that they (Governments? World Powers?) simply don't want Bitcoin recognized as a legitimate long term financial instrument.
Could this be more true now? We're talking about a technology which could totally fuck FIAT currencies and all Central Banks in the ass, so I'm sure this could also be a factor. US Gov does not want BTC recognized as a stable, dependable technology. ETF would help it get that kind of legitimacy. The problem is, Bitcoin doesn't need an ETF to become a globally decentralized peer 2 peer cash electronic payments system that can beat out the traditional financial industry. We can achieve greatness without them. We already have. |
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HI-TEC99
Legendary
Offline
Activity: 2772
Merit: 2846
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March 10, 2017, 09:32:32 PM |
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look at that daily candle
its bonkers 1350 - 975
There was briefly a $50 spread on stamp when the dump was beginning to bounce! |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3015
Welt Am Draht
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March 10, 2017, 09:32:45 PM |
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It is funny on two grounds:
1. "potential for fraudulent or manipulative acts and practices in this market" because that never ever happens on the Wall Street...
But the people who do that are the ones they'll be having a nice dinner with tonight. |
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Killerpotleaf
Sr. Member
Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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March 10, 2017, 09:32:51 PM |
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I wonder how much all this has cost the Winklevii.
Maybe there is a lesson here. Why go asking for permission when you already have an asset which doesn't require it? This ETF never made sense to me from the start. The only argument I've ever seen for it is so people can put their 401k in "Bitcoin". Spot on. Also why did the SEC wait until the last possible hour on the thrice extended delays to announce with great fanfare (and huge insider gaming trading it appears) to disapprove? And it seems they never gave the Winklevoss a chance to withdraw their application before the deadline either it appears ... hung those poor feckers out to dry. I'd be super pissed if I was them. SEC proves to be just another tool for the Deep State to defend the monopoly money powers and entrenched vested interests. No surprises there. they've kinda proved why bitcoin is nessary at this point |
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swogerino
Legendary
Offline
Activity: 3332
Merit: 1248
Bitcoin Casino Est. 2013
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March 10, 2017, 09:33:45 PM |
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LOL blockchain.info/ still 1267.
Sell before they realized what happened and before Chinese exchanges wake up. Do it quick. Abandon ship! The Titanic crashed into the iceberg!  |
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eddie13
Legendary
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Activity: 2296
Merit: 2270
BTC or BUST
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March 10, 2017, 09:34:22 PM |
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This was a great risk/reward ratio...
I could have pumped a heck of a lot more than it has dumped..
That dump barely bothers me.. Down like $100 for the day, less than 10%, pshht..
BTC strong!!
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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March 10, 2017, 09:34:36 PM |
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is crypto done??   |
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Gillette
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March 10, 2017, 09:34:57 PM |
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This will go lower this weekend guys. Gut feeling
Go and spread your bearish posts on africoin`s thread! We are permabulls here!!! |
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Coinnosaurus
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March 10, 2017, 09:35:23 PM |
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Damn this forum is still so bullish.
Not sure if that is bullish or bearish...
whats the reason to be bearish? |
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HI-TEC99
Legendary
Offline
Activity: 2772
Merit: 2846
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March 10, 2017, 09:35:30 PM |
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I think any denial of a Bitcoin ETF would be nearly 100% politically-motivated. It would mean that they (Governments? World Powers?) simply don't want Bitcoin recognized as a legitimate long term financial instrument.
Could this be more true now? We're talking about a technology which could totally fuck FIAT currencies and all Central Banks in the ass, so I'm sure this could also be a factor. US Gov does not want BTC recognized as a stable, dependable technology. ETF would help it get that kind of legitimacy. The problem is, Bitcoin doesn't need an ETF to become a globally decentralized peer 2 peer cash electronic payments system that can beat out the traditional financial industry. We can achieve greatness without them. We already have. Agreed. China stopped exchange withdrawals, so the Chinese started using localbitcoins and P2P methods of exchange. We don't need no stinking ETF selling paper Bitcoins, and if pushed we don't need no stinking exchanges either. |
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HanvanBitcoin
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March 10, 2017, 09:35:38 PM |
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So.... what will be the bottom?  |
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Poll
