BitcoinBunny
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Far, Far, Far Right Thug
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Damn... ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F08%2F30%2FMOe7z.png&t=665&c=uhwhP1zGtIkwRA)
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Who is John Galt?
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Apologies I'm editing in a sec Thanks for letting me know.
The problem is not in the form in which you draw up a link to the source of this picture. The problem is that this topic has been actively discussed over the past few pages and more meaningfully. If you read the thread, you would know...
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Franctoshi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 12:05:11 PM |
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Apologies I'm editing in a sec Thanks for letting me know.
The problem is not in the form in which you draw up a link to the source of this picture. The problem is that this topic has been actively discussed over the past few pages and more meaningfully. If you read the thread, you would know... Thanks, Yes later went back to previous threads and realized it was already being discussed and that's my bad.
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dragonvslinux
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Activity: 1694
Merit: 2213
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 12:50:02 PM |
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Will it take the wind out of the ETF approval announcement when it happens?
No I'd also say no. Approvals are usually bullish for price until product launch date, while the launches themselves have always been bearish. Look at the recent Futures/ETF based launches in Bitcoin's history: December 2017 CME/CBOE Futures: -83% September 2019 Bakkt Futures: -60% October 2021: ProShares ETF -75% November 2021: VanEck ETF -75% Sure these ETF applications are different, as it's based on spot ETFs, but I'm not convinced that "this time will be different". At best we only see a 50% correction when price is around $50K-$60K compared to -60% to -80%, as an approval could push prices much higher in the meantime. That would also fit the current cycle with a bear market rally relief rally followed by final pre-halving correction scenario. Remember the CME/CBOE approvals in August 2017 around $5K? Price went up 4x from there until launch date. So 2x from here doesn't seem out the question. It's just another buy the rumour sell the news event imo, not much else in the immediate term. Ofc long-term, sure, it's bullish. No arguments there.
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d_eddie
Legendary
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Activity: 2618
Merit: 3402
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 01:15:36 PM |
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Damn... ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F08%2F30%2FMOe7z.png&t=665&c=uhwhP1zGtIkwRA) Hmm, I don't get it. Who's this cutie? Bitcoin relevant or just necessary eye candy for soon-to-be millionaires?
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BitcoinBunny
Legendary
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Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 01:25:27 PM |
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Damn... ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F08%2F30%2FMOe7z.png&t=665&c=uhwhP1zGtIkwRA) Hmm, I don't get it. Who's this cutie? Bitcoin relevant or just necessary eye candy for soon-to-be millionaires? Liz Hurley at 58. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) And yes just eye candy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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d_eddie
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Activity: 2618
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 01:39:29 PM |
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At 58 it must be hard candy, but WOW. Congrats to Liz.
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NotATether
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Activity: 1722
Merit: 7203
In memory of o_e_l_e_o
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 02:05:47 PM |
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Volgastallion
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
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CONTEST ORGANIZER
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 02:21:43 PM |
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Everyone yesterday after the news of the win og greyscale against SEC, was very euphorical, and its ok, but after a day i can say, its not looking so good for us in term of price in the short run.
If after such an important win we only recover a 5% and we start very fast to return into the 27k price and lower, its not a good sign for the short term, i can see us again in the 26/25k for a "long" time like until the end of the year.
The only thing that can cahnge that for me its another new more for the ETF market aprobation or something related.
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Gachapin
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Activity: 1036
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bitcoin retard
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 02:40:47 PM |
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Welcome to my ignore spammer. TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS. Apologies I'm editing in a secThanks for letting me know. yeah sure ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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ibminer
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Activity: 1854
Merit: 2896
Goonies never say die.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 02:54:18 PM |
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Welcome to my ignore spammer. TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS. Apologies I'm editing in a secThanks for letting me know. yeah sure ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well, he did edit.. but apparently to make the twitter link better? smh.. you can't make this stuff up.
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gallianooo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 03:09:43 PM |
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Will it take the wind out of the ETF approval announcement when it happens?
No I'd also say no. Approvals are usually bullish for price until product launch date, while the launches themselves have always been bearish. Look at the recent Futures/ETF based launches in Bitcoin's history: December 2017 CME/CBOE Futures: -83% September 2019 Bakkt Futures: -60% October 2021: ProShares ETF -75% November 2021: VanEck ETF -75% Sure these ETF applications are different, as it's based on spot ETFs, but I'm not convinced that "this time will be different". At best we only see a 50% correction when price is around $50K-$60K compared to -60% to -80%, as an approval could push prices much higher in the meantime. That would also fit the current cycle with a bear market rally relief rally followed by final pre-halving correction scenario. Remember the CME/CBOE approvals in August 2017 around $5K? Price went up 4x from there until launch date. So 2x from here doesn't seem out the question. It's just another buy the rumour sell the news event imo, not much else in the immediate term. Ofc long-term, sure, it's bullish. No arguments there. But... December 2017 CME/CBOE Futures: -83% October 2021: ProShares ETF -75% November 2021: VanEck ETF -75% was the Top of the 2 previous bullmarket. So seem to be quite difficult to compare with the current situation. As we are still in bear/side way market since +/- 2 years.
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xhomerx10
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Activity: 3962
Merit: 8576
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 03:09:54 PM |
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Welcome to my ignore spammer. TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS. Apologies I'm editing in a secThanks for letting me know. yeah sure ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well, he did edit.. but apparently to make the twitter link better? smh.. you can't make this stuff up. Ah, it's the old A. D. C. court trick. Missed it by that much! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F08%2F30%2FMWb09.jpeg&t=665&c=duzH-WbnCrwQBw)
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Greyhats
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 03:27:30 PM Merited by JayJuanGee (1) |
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* BREAKING NEWS * Typo’d my dca and added an extra zero. Future self will be thanking current self at some point. Current self not sure if should be more careful or make more mistakes on purpose kind of maybe hah. End of news bulletin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Source: ya reading it straight from the horses mouth
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dragonvslinux
Legendary
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Activity: 1694
Merit: 2213
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Will it take the wind out of the ETF approval announcement when it happens?
No I'd also say no. Approvals are usually bullish for price until product launch date, while the launches themselves have always been bearish. Look at the recent Futures/ETF based launches in Bitcoin's history: December 2017 CME/CBOE Futures: -83% September 2019 Bakkt Futures: -60% October 2021: ProShares ETF -75% November 2021: VanEck ETF -75% Sure these ETF applications are different, as it's based on spot ETFs, but I'm not convinced that "this time will be different". At best we only see a 50% correction when price is around $50K-$60K compared to -60% to -80%, as an approval could push prices much higher in the meantime. That would also fit the current cycle with a bear market rally relief rally followed by final pre-halving correction scenario. Remember the CME/CBOE approvals in August 2017 around $5K? Price went up 4x from there until launch date. So 2x from here doesn't seem out the question. It's just another buy the rumour sell the news event imo, not much else in the immediate term. Ofc long-term, sure, it's bullish. No arguments there. But... December 2017 CME/CBOE Futures: -83% October 2021: ProShares ETF -75% November 2021: VanEck ETF -75% was the Top of the 2 previous bullmarket. So seem to be quite difficult to compare with the current situation. As we are still in bear/side way market since +/- 2 years. It's a fair point. It's the Bakkt scenario I'm more concerned about, that was after a strong bear market relief rally and months of consolidation (that turned into distribution) in the exact same time frame as this bear market. I highly doubt price would fall further than 60%, because as you said this isn't the peak of a bull market, but who's to say there won't be a run to $50K soon because an ETF approval. Overall price increasing on an approval is more or less a given I believe, unless something disastrous happens during that period. Look at what happened when Greyscale won against the SEC, that wasn't even an approval and price spiked up by 5% within an hour based on positive news. I therefore don't really see how an ETF could launch without price first dramatically increasing based on the approval news. So for me the two scenarios go hand in hand. The reason price dumps after a product launch is because the price dramatically increased leading up to it.
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DireWolfM14
Copper Member
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Join the world-leading crypto sportsbook NOW!
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 04:14:45 PM |
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Its quite common for the country extraditing the criminal to specify no death penalty or other conditions that are aligned with their own laws in facilitating details during the transfer process.
Are you saying election interference and contribution fraud are in alignment with the laws of the Bahamas?
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d_eddie
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Activity: 2618
Merit: 3402
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 04:19:43 PM |
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Welcome to my ignore spammer. TRY READING THE FUCKING THREAD BEFORE POSTING YOUR TWATTER SHITLINKS. Apologies I'm editing in a secThanks for letting me know. yeah sure ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Personally, I generally don't even bother to announce my ignores anymore. But since both you and Hueristic mentioned this spammer, yes, they made it there very quickly.
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philipma1957
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Activity: 4242
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'The right to privacy matters'
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 05:34:08 PM |
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Apologies I'm editing in a sec Thanks for letting me know.
The problem is not in the form in which you draw up a link to the source of this picture. The problem is that this topic has been actively discussed over the past few pages and more meaningfully. If you read the thread, you would know... Thanks, Yes later went back to previous threads and realized it was already being discussed and that's my bad. So go back and delete it which would take away the merit jjg gave you at least I think it would.
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ibminer
Legendary
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Activity: 1854
Merit: 2896
Goonies never say die.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 06:05:11 PM Merited by JayJuanGee (2) |
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So go back and delete it which would take away the merit jjg gave you
at least I think it would.
Merit does not get deleted. edit: I think only theymos himself can delete merit, and I think it may have been done before in abuse situations, but I can't find any link.
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