Torque
Legendary
 Offline
Activity: 3542
Merit: 5039
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According to "contacts" from inside BlackRock and Invesco spot Bitcoin ETF approval a matter of "when, not if" likely in "four to six months - Galaxy CEO Mike Novogratz on earnings call this morning. Source  My thoughts are that the SEC will play the same BS game with the Spot ETFs that they played with the first round of derivative ETFs: The first or two spot ETFs will get shot down for some BS reason. Complete head fake in the price, as per usual.  Then the first of the spot ETFs will get approved in December of this year, and/or as we round the corner into the first of next year. All of them will get approval before the halving (Gee, what a shocker.  ) Bitcoin price will start to take off pre-halving. The derivatives market may flash crash in 2024. Some completely bullshit, "The-sky-is-falling-and-Bitcoin-is-the-hedge-play" narrative will get spun up in the MSM to support all this. As per usual. |
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Biodom
Legendary
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Activity: 3738
Merit: 3844
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August 08, 2023, 07:57:28 PM |
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According to "contacts" from inside BlackRock and Invesco spot Bitcoin ETF approval a matter of "when, not if" likely in "four to six months - Galaxy CEO Mike Novogratz on earnings call this morning. Source My thoughts are that the SEC will play the same BS game with the Spot ETFs that they played with the first round of derivative ETFs: The first or two spot ETFs will get shot down for some BS reason. Complete head fake in the price, as per usual. Then the first of the spot ETFs will get approved in December of this year, and/or as we round the corner into the first of next year. All of them will get approval before the halving (Gee, what a shocker. ) Bitcoin price will start to take off pre-halving. The derivatives market may flash crash in 2024. Some completely bullshit, "The-sky-is-falling-and-Bitcoin-is-the-hedge-play" narrative will get spun up in the MSM to support all this. As per usual. Quite plausible scenario(s). The future is blurry, but we all can see possibilities like that or similar. We need relative peace, though. |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 08, 2023, 08:01:19 PM |
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  ExplanationChartbuddy thanks talkimg.com |
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LFC_Bitcoin
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Activity: 3514
Merit: 9495
#1 VIP Crypto Casino
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August 08, 2023, 08:02:46 PM Merited by JayJuanGee (1) |
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Like clockwork……. @scottmelkerIt could all be this simple. The four year cycle has remained perfectly intact. You could have gone into a coma for the past 2 years and ignored macro, inflation, the Fed, Evergrande, the fat guy from BIS… woken up, checked this chart and gone back to bed. From @StockmoneyL  [/url] https://twitter.com/scottmelker/status/1688871919418802177 |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 08, 2023, 09:01:22 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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Biodom
Legendary
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Activity: 3738
Merit: 3844
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August 08, 2023, 09:17:27 PM
Last edit: August 08, 2023, 10:46:48 PM by Biodom |
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30K is achieved...again.
I will be more excited at above yearly high of 31.818 31.67K, I promise.
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bitcoinPsycho
Legendary
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Activity: 2464
Merit: 2066
$120000 in 2024 Confirmed
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August 08, 2023, 09:24:02 PM |
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BOOM
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2Pizza410000BTC
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August 08, 2023, 09:33:51 PM |
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30K is achieved...again.
I will be more excited at above yearly high of 31.67K, I promise.
JUST IN - #Bitcoin hits $30,000 after 🇺🇸 FED announces new oversight program for #Bitcoin and crypto related activities. https://t.co/4ukHPKILF9 Bitcoin Magazine |
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Hamza2424
Legendary
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Activity: 952
Merit: 1030
#SWGT CERTIK Audited
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August 08, 2023, 09:35:33 PM |
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30K is achieved...again.
I will be more excited at above yearly high of 31.67K, I promise.
Quite similar here with a small change of 30.5 to the 32K limit.. of the week a small but aggressive bullish signal. Hmm, Start counting on your position haha.. Not sure how long it will stand. This time it was the bottleneck of the trendline. |
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ivomm
Legendary
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Activity: 1852
Merit: 2841
All good things to those who wait
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August 08, 2023, 09:40:04 PM Merited by JayJuanGee (1) |
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Come on guys, do you REALLY believe this pathetic sockpupet will give a spot ETF approval? I don't think so. Remember this hilarious moment not so long ago? SEC Chair Gary Gensler blamed crypto for Signature Bank's failure during his congressional testimony. NY Department of Financial Services Superintendent Adrienne Harris refuted that in front of the same committee stating "It is not the case that the failure of Signature was related to crypto" https://www.tiktok.com/@cryptobay.ltd/video/7224152371318754587 |
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Hamza2424
Legendary
Offline
Activity: 952
Merit: 1030
#SWGT CERTIK Audited
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August 08, 2023, 09:43:53 PM Merited by JayJuanGee (1) |
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Come on guys, do you REALLY believe this pathetic sockpupet will give a spot ETF approval? I don't think so. Remember this hilarious moment not so long ago? SEC Chair Gary Gensler blamed crypto for Signature Bank's failure during his congressional testimony. NY Department of Financial Services Superintendent Adrienne Harris refuted that in front of the same committee stating "It is not the case that the failure of Signature was related to crypto" https://www.tiktok.com/@cryptobay.ltd/video/7224152371318754587Hmm again I would say hypocritical act but remember its the application by BlackRock, don't you think they can use their influence in the institutes for the approval? The story in short is they both are trying to confuse the market to disturb the really because the initial sentiments were that the Asian market will bring capital in the market to start the rally but now things are completely 180 degrees changed it's up to the ETF approval now. Seems like they are testing our patience level which they are doing in a nice way. |
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JimboToronto
Legendary
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Activity: 3990
Merit: 4458
You're never too old to think young.
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August 08, 2023, 09:49:09 PM |
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Ho hum.
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 08, 2023, 10:04:55 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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JimboToronto
Legendary
Offline
Activity: 3990
Merit: 4458
You're never too old to think young.
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30K is achieved...again.
I will be more excited at above yearly high of 31.67K, I promise.
31.67K? At what exchange? I thought we used Bitstamp as a reference around here. It hit $31818 at Stamp on July 12. |
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Biodom
Legendary
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Activity: 3738
Merit: 3844
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August 08, 2023, 10:44:16 PM |
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30K is achieved...again.
I will be more excited at above yearly high of 31.67K, I promise.
31.67K? At what exchange? I thought we used Bitstamp as a reference around here. It hit $31818 at Stamp on July 12. That wasn't the point... Fine, 31818 then, no biggie. |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 08, 2023, 11:01:19 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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philipma1957
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Activity: 4102
Merit: 7765
'The right to privacy matters'
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August 08, 2023, 11:06:52 PM |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 09, 2023, 12:03:29 AM |
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 ExplanationChartbuddy thanks talkimg.com |
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FinePoine0
Full Member
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Activity: 378
Merit: 113
★Bitvest.io★ Play Plinko or Invest!
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August 09, 2023, 12:39:55 AM
Last edit: August 09, 2023, 12:51:03 AM by FinePoine0 |
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NEW: 🇺🇸 DOJ will bring seven charges against Samuel Bankman Fried (SBF) in a superseding indictment next week 👀  DetailsSamuel Bankman Fried (SBF) is the main tool of FTX destruction. Of course he should be given more cases and stricter punishment. He has defrauded common people of huge amount of money and he must be held accountable to the full extent of the law. More cases should be filed against SBF. |
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