LLec (OP)
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February 21, 2017, 07:58:12 PM |
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With the news on the etf possibly getting approved March 11th just next month. Do you think it will push the price beyond $2000 like all is expect it to do once it does get the okay by financial houses? http://bitcoindaily.org/economic-trends/bitcoin-price-climbing-in-speculation-of-etf-approval/Looking at the chart that they have of all the exchanges in China failing in the last month with suspensions and fines being dealt out what will the etf do for those? Cause them to finally throw in the towel or even worst fold up and start their own etf to rival the American version by the Winklevoss's? The storm is about to start the bitcoin price wars.
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Dux2K
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Blocklancer - Freelance on the Blockchain
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February 21, 2017, 08:10:55 PM |
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Hope so so many prediction and speculation ended bad megaupliad 2 for start, but for that i expect to be nothing and ended like that. In this case if goes as planned it will go over 2000 for sure.
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lionheart78
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February 21, 2017, 08:31:47 PM |
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I guess with the approval of ETF, Bitcoin economy will have a fresh new funds coming in. With this fund it will push Bitcoin price up since demand pressure will be higher. Aside from that investors who are half hearted to join bitcoin will have no doubt come to a decision to join Bitcoin because of the effect of this approval. With huge fund coming in, there is no doubt Bitcoin will reach $2000 this year.
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LLec (OP)
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February 22, 2017, 02:32:09 AM |
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Hope so so many prediction and speculation ended bad megaupliad 2 for start, but for that i expect to be nothing and ended like that. In this case if goes as planned it will go over 2000 for sure.
So megaupload did end up being a mega disappoint after all. I heard about it at the start but then nothing of it after wards. Just hope that doesn't happen to this ETF idea which they have had brewing for the last few years now.
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Paashaas
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February 22, 2017, 02:52:27 AM |
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Kim Dotcom will be transported to the almighty U.S of A, he will be moved to jail for his megaupload, i dont think Mega 2.0 will be seeing the daylight someday
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asriloni
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Leading Crypto Sports Betting & Casino Platform
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February 22, 2017, 05:09:18 AM |
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With the news on the etf possibly getting approved March 11th just next month. Do you think it will push the price beyond $2000 like all is expect it to do once it does get the okay by financial houses? http://bitcoindaily.org/economic-trends/bitcoin-price-climbing-in-speculation-of-etf-approval/Looking at the chart that they have of all the exchanges in China failing in the last month with suspensions and fines being dealt out what will the etf do for those? Cause them to finally throw in the towel or even worst fold up and start their own etf to rival the American version by the Winklevoss's? The storm is about to start the bitcoin price wars. ETF approval = PUMP OR DUMP. basically a lot of the people are buying the rumours trend about the approval of ETF by US securities. but I may believe if the SEC decision will get postponed again. and a lot of the dump below $1k
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Yakamoto
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February 22, 2017, 05:14:36 AM |
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I think it is possible that there will be some massive price rises if the ETF is approved, but looking at what's been happening it's coming down to a coin toss by the looks of it. While there is a lot of hype for this and I do want to be wishful, we have to realize that it's an ETF and they could have far more at risk than we believe. Profits are what keep those guys rolling.
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megynacuna
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February 22, 2017, 05:40:28 AM |
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Hope so so many prediction and speculation ended bad megaupliad 2 for start, but for that i expect to be nothing and ended like that. In this case if goes as planned it will go over 2000 for sure.
We are all looking up to that as there's no stopping Bitcoin now, I just checked and it's 1124$, gosh tge sky is the limit. I'm holding on to mine and hopefully by the end of the year the pump would be realized massively.
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Kemarit
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February 22, 2017, 07:34:02 AM |
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I guess with the approval of ETF, Bitcoin economy will have a fresh new funds coming in. With this fund it will push Bitcoin price up since demand pressure will be higher. Aside from that investors who are half hearted to join bitcoin will have no doubt come to a decision to join Bitcoin because of the effect of this approval. With huge fund coming in, there is no doubt Bitcoin will reach $2000 this year.
Very well said. The price of bitcoin is inching to an all time high right now. And if SEC approved its ETF, we will see a big leap in bitcoin price. I know a lot skepticism coming from Wall Street analyst regarding the approval, but i still hope it will and once approved, a lot of capital worth millions would flood bitcoin ecosystem and such influx will cause the price to leap to skyrocket price. So lets just enjoy the price rise as of now and just wait what will happen in March 11.
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topesis
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February 22, 2017, 12:01:39 PM |
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For me is just to make me richer in Dollar value because my BTC number remain thesame. ETF is very good for Bitcoin in general because that means more fiat entering the space without them knowing what Bitcoin actually stand for, though there are alot of skeptic saying the ecosystem is not ripe for this, what of if we have another Bitfinex like hack and investors ended up losing millions of $. One thing that is certain is that people will always follow money to where it is
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Gotottack
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February 22, 2017, 02:09:37 PM |
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I don't think it will affect bitcoin prices that much that would boost bitcoin prices to that much within the year. It may affect it slightly, probably an increase of 20% but not really 100%. The approval of the ETF will not ensure that the general public and investors will accept and embrace bitcoins to really boost up the price to that high.
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Searing
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Clueless!
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February 22, 2017, 02:17:41 PM |
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At a bit over 100 btc again. The ETF WOULD be 1.5k usd btc imho. A big deal.
Hell, Could be bigger, in that and ETF is a rich folk entrance to speculate on btc with an air of legitimacy, via your broker.
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Red-Apple
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February 22, 2017, 02:28:35 PM |
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ETF to me (who is investing directly in bitcoin without bullshit) has not much meaning! With the news on the etf possibly getting approved March 11th just next month. Do you think it will push the price beyond $2000 like all is expect it to do once it does get the okay by financial houses?
in the long run it can speed up the rise, which means so far we saw 150%-200% price rise each year and with ETF we may start seeing more like 250%-300% rise per year. Looking at the chart that they have of all the exchanges in China failing in the last month with suspensions and fines being dealt out what will the etf do for those? Cause them to finally throw in the towel or even worst fold up and start their own etf to rival the American version by the Winklevoss's?
The storm is about to start the bitcoin price wars.
Chinese exchanges stopped withdrawals, the people (traders) never stopped trading though so i don't know why you say it failed. but you had a good guess there, i think it is perfectly possible to see other countries start ETFs of their own if the winkelwoss thing is successful.
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--signature space for rent; sent PM--
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clickerz
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February 22, 2017, 02:36:52 PM |
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I believe so that it will push the bitcoin price. For $2,000 dollar, it is possible but I am convince that it has significant effect. This is another milestone in bitcoin and a positive news to bitcoin community. Also, many enthusiast has positive review on this ETF, hope so.
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Open for Campaigns
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gentlemand
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Welt Am Draht
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February 22, 2017, 02:37:34 PM |
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It's a new way of putting money in. I don't see how that compels more people to want to put money into Bitcoin. You could create a turd ETF. It's not going to make more people want to buy turds.
It's a string added to the bow but if one does pass there isn't going to be the avalanche that people are hoping for. There will be a pump but it'll be like most of the previous ones, ultimately a little empty.
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BrewMaster
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There is trouble abrewing
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February 22, 2017, 03:38:54 PM |
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the way i see ETF is more and better publicity for bitcoin as an investment. as a bitcoin investor i am more than happy something like this is about to happen. and i believe price will be so happy about it too but as a bitcoin user, and someone who likes the technology also, and want to see bitcoin as a currency i can't help but be a bit sad that it is advertising bitcoin as an investment not a currency.
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There is a FOMO brewing...
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BillyBobZorton
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February 22, 2017, 03:54:02 PM |
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With the news on the etf possibly getting approved March 11th just next month. Do you think it will push the price beyond $2000 like all is expect it to do once it does get the okay by financial houses? http://bitcoindaily.org/economic-trends/bitcoin-price-climbing-in-speculation-of-etf-approval/Looking at the chart that they have of all the exchanges in China failing in the last month with suspensions and fines being dealt out what will the etf do for those? Cause them to finally throw in the towel or even worst fold up and start their own etf to rival the American version by the Winklevoss's? The storm is about to start the bitcoin price wars. The predictions of a crash if it doesn't happen are exaggerated. The current rise may be related to the hype of the potential ETF approval, but people expecting sub $1000 prices after the ETF (if it fails) are getting it the wrong way. ETF accepted: mega pump. ETF fail: small dip (or maybe nothing happens)
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royalfestus
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February 22, 2017, 04:11:33 PM |
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if the value of bitcoin increases every investment in altcoin might struggle. Which is my worry. Most ICO around the time should be suspended to see the outcome of the awaited March 11. If the price increases their budget should be adjusted. As significant as march 11 is, so is march 9th.
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thebatletbet
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February 22, 2017, 06:19:27 PM |
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i Think IF SEC accepted and ETF aproval bitcoin price can incraese to rank 1300 - 1500 dollar if incraese to 2000 dollar i think still very dificult
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bettercrypto
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February 22, 2017, 06:48:52 PM |
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It means another Bitcoin Bubble. Lots of speculation ang hyping that creates an abnormal growth in bitcoin price. Typically this kind of growth is considered as bubble and when burst lots of peopel who were caught in the burst will have a big loss. I am not anti climatic, I really want to see Bitcoin to increase in price but not this way. This brings more harm than good to Bitcoin economy. Oh well if ETF is approved at least the damage will be lessen.
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