ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2021, 03:01:36 AM |
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ChartBuddy
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Activity: 2226
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2021, 04:01:26 AM |
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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At one point he commented, “[Bitcoin] has been and could continue to be a catalyst for change in the fields of finance and money.”
Elsewhere, Gensler issued new remarks that shed light on how the SEC may act on the many exchange-traded fund (ETF) proposals now up for review by the agency, signaling that those based on Bitcoin futures may have the highest chance of approval.
“Given these important protections, I look forward to the staff’s review of such filings, particularly if those are limited to these CME-traded bitcoin futures,” he said.
... this figures, the only ETF to get approval will be based on fiat cash-settled futures trading only. This way they can keep manipulating btc price and price expectations without risking value escaping the fiat pyramid scheme with runaway retail demand for exposure to btc upside, i.e. a btc-backed ETF.
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aysg76
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Activity: 1960
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Are we heading towards new ATH this time as bitcoin has shown green candles for 10 consecutive days as shown by this chart? So hoping it cross $50k soon and then we move towards another ATH this year.On my part DCA investment are going on and just accumulated more sats this time.
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ChartBuddy
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Activity: 2226
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2021, 05:01:26 AM |
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OutOfMemory
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Activity: 1596
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Man who stares at charts
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August 05, 2021, 05:25:46 AM |
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@ElizabethWarren Politicians in charge are so dumb, they can't even understand Bitcoin. (recently referred to as the "wild west of finance") How are they supposed to act responsively with only a spoon full of intelligence? Asking for a friend
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2021, 06:01:39 AM |
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El duderino_
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Activity: 2562
Merit: 12443
BTC + Crossfit, living life.
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August 05, 2021, 06:34:06 AM |
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Small game …. Arrived at my holiday destination …. First to guess where I’m at land and village I will release more pics on daily base …. Atleast not in Europe ore America continent. You made this post at 06:42:21, it must be late evening ore night in Asia. Bali Indonesia? Have a nice holiday. I only respond when it’s correct There will be a reward for who is able of finding and putting effort in the search I recognize the yellow thistle and the green foxtail which we have around here as well. Their native habitat is Eurasia. The other weed looks like Cleavers (hitchhikers) which grows pretty much everywhere but I'm confused by the juxtaposition of the weeds and the upscale restaurant (I'm basing this on the table setting). Based on the timing of your dinner post and the lack of sunlight it looks like you might have gone one or two time zones west. I think you're in Greece. Land already correct Amazing fast homer Now where in Greece
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becoin
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Activity: 3431
Merit: 1233
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At one point he commented, “[Bitcoin] has been and could continue to be a catalyst for change in the fields of finance and money.”
Elsewhere, Gensler issued new remarks that shed light on how the SEC may act on the many exchange-traded fund (ETF) proposals now up for review by the agency, signaling that those based on Bitcoin futures may have the highest chance of approval.
“Given these important protections, I look forward to the staff’s review of such filings, particularly if those are limited to these CME-traded bitcoin futures,” he said.
... this figures, the only ETF to get approval will be based on fiat cash-settled futures trading only. This way they can keep manipulating btc price and price expectations without risking value escaping the fiat pyramid scheme with runaway retail demand for exposure to btc upside, i.e. a btc-backed ETF. Exactly! Fair play in futures markets and fair price discovery while trading futures can be achieved only if fiat currencies futures are priced in bitcoins and settled on chain in bitcoins. What we need is bitcoin-settled fiat futures, oil futures, pm futures etc.
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ivomm
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Activity: 1868
Merit: 2924
All good things to those who wait
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August 05, 2021, 07:01:05 AM Merited by JayJuanGee (1) |
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At one point he commented, “[Bitcoin] has been and could continue to be a catalyst for change in the fields of finance and money.”
Elsewhere, Gensler issued new remarks that shed light on how the SEC may act on the many exchange-traded fund (ETF) proposals now up for review by the agency, signaling that those based on Bitcoin futures may have the highest chance of approval.
“Given these important protections, I look forward to the staff’s review of such filings, particularly if those are limited to these CME-traded bitcoin futures,” he said.
... this figures, the only ETF to get approval will be based on fiat cash-settled futures trading only. This way they can keep manipulating btc price and price expectations without risking value escaping the fiat pyramid scheme with runaway retail demand for exposure to btc upside, i.e. a btc-backed ETF. Yes, that's probably correct. As far my understanding of an ETF goes, if it is based on the spot market, then it is like buying the underlying asset and keeping it on behalf of the ETF holder. But if it is based on a derivate market then the ETF holder is allowing the company to make long/short positions insted of him doing so in CME. So IMO an ETF based on a derivate market is a nonsense. The thing is that SEC trusts regulated exchanges like CME and they don't trust fully Coinbase, not to mention Binance and the asian exchanges. We've seen plenty attempts of whales to manipulate the market in the past indeed. But the funny thing is that nowadays only CME companies have the resources to manipulate the market and they are doing it constantly unfortunately. SEC created so many rules, and yet just under their nose Maydoff developed a huge ponzi stealing $50 bil from almost all banks and Wall Street companies. The average Joes who trusted their brokers/funds, etc., were called by the phone one day that all their money has gone, because their fund invested everything in the company of the creator of Nasdaq - Maydoff. Is this custormers protection and KYC what looks like? Nothing has changed since then! But surely, some shadowy coders and money launderers are manipulating the price which is formed on the biggest exchange Binance with daily Bitcoin trading volume $2-16 bil. Only Wall Street companies can do that and there is a lot of proof they are doing it using exactly CME. Ironic, isn't it? Anyway, after approving CME's ETF, the next step should be approving Grayscale's ETF. If SEC want to be overly cautious, let them take one step at a time. The truth is the institutions will find one way or another to get real Bitcoins, so an ETF is more like "buy the rumour sell the news" kinda thing. The latter it comes, the better. I wouldn't mind if SEC will change their mind when the price is >10x from now. This will give us more time to accumulate at the current extremely low prices, thanks to CME manipulators.
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ChartBuddy
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Activity: 2226
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2021, 07:01:25 AM |
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machasm
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August 05, 2021, 07:22:43 AM |
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Small game …. Arrived at my holiday destination …. First to guess where I’m at land and village I will release more pics on daily base …. Atleast not in Europe ore America continent. You made this post at 06:42:21, it must be late evening ore night in Asia. Bali Indonesia? Have a nice holiday. I only respond when it’s correct There will be a reward for who is able of finding and putting effort in the search I recognize the yellow thistle and the green foxtail which we have around here as well. Their native habitat is Eurasia. The other weed looks like Cleavers (hitchhikers) which grows pretty much everywhere but I'm confused by the juxtaposition of the weeds and the upscale restaurant (I'm basing this on the table setting). Based on the timing of your dinner post and the lack of sunlight it looks like you might have gone one or two time zones west. I think you're in Greece. Land already correct Amazing fast homer Now where in Greece Crete?
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2021, 08:01:30 AM |
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heslo
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Activity: 1184
Merit: 1032
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August 05, 2021, 08:25:03 AM |
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Small game …. Arrived at my holiday destination …. First to guess where I’m at land and village I will release more pics on daily base …. Atleast not in Europe ore America continent. You made this post at 06:42:21, it must be late evening ore night in Asia. Bali Indonesia? Have a nice holiday. I only respond when it’s correct There will be a reward for who is able of finding and putting effort in the search I recognize the yellow thistle and the green foxtail which we have around here as well. Their native habitat is Eurasia. The other weed looks like Cleavers (hitchhikers) which grows pretty much everywhere but I'm confused by the juxtaposition of the weeds and the upscale restaurant (I'm basing this on the table setting). Based on the timing of your dinner post and the lack of sunlight it looks like you might have gone one or two time zones west. I think you're in Greece. Land already correct Amazing fast homer Now where in Greece Athens
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eXPHorizon
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Activity: 1218
Merit: 132
Precision Beats Power and Timing Beats Speed.
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August 05, 2021, 08:39:08 AM Last edit: August 05, 2021, 09:03:09 AM by eXPHorizon |
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Small game …. Arrived at my holiday destination …. First to guess where I’m at land and village I will release more pics on daily base …. There is no place in Sparta like that but.. if he is going to post a new pic during daylight it can be easyer to identify
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2021, 09:01:40 AM |
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El duderino_
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Activity: 2562
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BTC + Crossfit, living life.
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August 05, 2021, 09:30:52 AM |
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This brother like a sharp rise….. hate a sharp dump
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Mpamaegbu
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Once a man, twice a child!
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ivomm
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Activity: 1868
Merit: 2924
All good things to those who wait
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August 05, 2021, 09:39:08 AM |
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Guys, do you know where this paradise place is? I found this picture online but I don't know where it is from.
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