anavuajna
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February 23, 2017, 09:26:50 PM |
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Can you explain exactly what ETF is ?
ETF is exchange-traded fund in this case we are referring to - Winklevoss Bitcoin Trust COIN. Normally ETF keeps assets such as stocks, commodities, or bonds (in this case Bitcoin) and trades them. We all are waiting for 11 March which is the deadline for SEC, they will either give ETF stamp of approval or disapprove it (again). I have mistaken that "whaaat? 9th march" date as if asking of dump events incoming right before the deadline. To be honest I am totally exspecting the SEC to shutdown the ETF. Would be a major leg upwards, reaching into big capital markets. They will not allow that, you can smell bribes, hookers and blackmailing working in the backgrounds. So my expectations for the 9th are: A dump will happen. But china doesn't have anything to do with that. I wish you are wrong, if there will be a dump that will happen, it will probably affect the price so much as we are in the upwards direction now and in fact we are about to cross the $1,200 again. China is known to be the biggest holders of bitcoin, but it's not guarantee that there will be a dump that will happen. Indeed, for now there are many community are holding bitcoin sue to maybe perhaps they an idea by that month there is another new step up level for bitcoin value will be happen, as the price we had it now the projection of many are now beginning to happen. You are right, if the price will continue to rise at this rate, it will come true boldest forecasts. I hope that nothing bad will happen after March 9
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lister storm
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February 23, 2017, 10:49:47 PM |
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Can you explain exactly what ETF is ?
ETF is exchange-traded fund in this case we are referring to - Winklevoss Bitcoin Trust COIN. Normally ETF keeps assets such as stocks, commodities, or bonds (in this case Bitcoin) and trades them. We all are waiting for 11 March which is the deadline for SEC, they will either give ETF stamp of approval or disapprove it (again). I have mistaken that "whaaat? 9th march" date as if asking of dump events incoming right before the deadline. To be honest I am totally exspecting the SEC to shutdown the ETF. Would be a major leg upwards, reaching into big capital markets. They will not allow that, you can smell bribes, hookers and blackmailing working in the backgrounds. So my expectations for the 9th are: A dump will happen. But china doesn't have anything to do with that. I wish you are wrong, if there will be a dump that will happen, it will probably affect the price so much as we are in the upwards direction now and in fact we are about to cross the $1,200 again. China is known to be the biggest holders of bitcoin, but it's not guarantee that there will be a dump that will happen. Indeed, for now there are many community are holding bitcoin sue to maybe perhaps they an idea by that month there is another new step up level for bitcoin value will be happen, as the price we had it now the projection of many are now beginning to happen. You are right, if the price will continue to rise at this rate, it will come true boldest forecasts. I hope that nothing bad will happen after March 9 that is just a guess on whether the price is going to be rising or it will start to go down, no one knows what will happen, I hope that bitcoin will at least be on a thousand dollars each
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CyberKuro
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February 24, 2017, 02:45:53 AM |
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On 9th march, there might be no certain happening that will happen to bitcoin and it might be back to normal again but two days after that, In my opinion we will see a dump again if many Chinese traders panic sell because of something that will happen after 9th march or we will see bitcoin's price manipulated again. It really depends on the BTC ETF's application approval or disapproval if it is approved we might see yet another upward movement in price but not that big but if it is denied we might see another dump.
Not only Chinese traders, all over the world waiting for the ETF approval as it can affect bitcoin market even though only in USA but the impact to the price will be great for us. The main thing is,if Winklevoss ETF get disapprove by SEC : is it will make the market suddenly drop? Maybe yes, because recent increase seems triggered because of that, we may see the price decline around $900 again ($100-$300 decreases)
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pinkflower
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February 24, 2017, 07:52:40 AM |
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Im afraid the jury might be out for the ETF and this dump might go on taking BTC under 1000.00 $. Maybe theres a group of people who already knows what the decision will be. Theres always someone connected who knows whats going on secretly behind closed doors.
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X-ray
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February 24, 2017, 09:26:56 AM |
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Im afraid the jury might be out for the ETF and this dump might go on taking BTC under 1000.00 $. Maybe theres a group of people who already knows what the decision will be. Theres always someone connected who knows whats going on secretly behind closed doors.
Bitcoin is too strong to get the correction on 11 march. I believe if the SEC is not approving the bitcoin etf in 11 march. they still need more time to make a decision. so we will see the approval in the next time. I guess will be wise to sell our bitcoin in near of 11 march.
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deisik
Legendary
Offline
Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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February 24, 2017, 10:56:10 AM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march?
I don't think anything important is going to happen Really, if we assume that traders hadn't been withdrawing their money from these exchanges through fiat during this time (since otherwise your question wouldn't need an answer), and they all rush to withdraw their bitcoins once it's allowed, what will it change? They just move their coins from their exchange accounts to their personal wallets, and that's pretty much all there's to it. You seem to assume that they will try to sell the coins at other non-Chinese exchanges, but, first, why would they want that (if they didn't sell them at their local exchanges in the first place), and, second, how are they going to withdraw fiat from foreign exchanges they move their coins to?
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blackhawkeye1912
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February 24, 2017, 09:24:37 PM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
You don't need to ask us what will happen on march 9, 2017 because no one knows what will happen to that day. The only thing we should await and hoping the result will be good after that.
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BitcoinPC
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February 25, 2017, 07:07:56 AM |
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It will be good for all bitcoin's users, because in this wise, people more trust on bitcoin for buying or selling, and i believe majority of the people who feel hesitation to buying the bitcoin, so in this way, ETF take the decision to build the trust.
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gabmen
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February 25, 2017, 09:07:23 AM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
Well if there's big dump that will happen then good thing there are forecasts like this already. I think i've heard about thus once or twice and it a good time to sell btcs a couple of days before that and replenish your stocks if a dump happens. Thus only gives us opportunities to earn more in the future
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Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
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noictib
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February 25, 2017, 09:27:27 AM |
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Can you explain exactly what ETF is ?
ETF is exchange-traded fund in this case we are referring to - Winklevoss Bitcoin Trust COIN. Normally ETF keeps assets such as stocks, commodities, or bonds (in this case Bitcoin) and trades them. We all are waiting for 11 March which is the deadline for SEC, they will either give ETF stamp of approval or disapprove it (again). Yeah , You are right . And now this is a condition that was happened with Bitcoin the last year for the brexit ( bretain + exit ) . According to that time of condition for brexit , it was believed that if bretain got exited then price will go up and if not happened anything then price will go down . So here the condition is somewhat same because according to the descion or result declare in favoure or again the exchange the demand of bitcoin will surely will be effected . I would like if the judge will go in the favoure of the exchange , because this will increase the demand of bitcoin and that will resulted into the increase of the price .
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pinkflower
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February 25, 2017, 11:51:48 AM |
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Im afraid the jury might be out for the ETF and this dump might go on taking BTC under 1000.00 $. Maybe theres a group of people who already knows what the decision will be. Theres always someone connected who knows whats going on secretly behind closed doors.
Bitcoin is too strong to get the correction on 11 march. I believe if the SEC is not approving the bitcoin etf in 11 march. they still need more time to make a decision. so we will see the approval in the next time. I guess will be wise to sell our bitcoin in near of 11 march. I dont think so. Why would the SEC need more time? Its either yes or no on March 11, you can take it or leave it. In my mind the SEC already knows their decision as early as now. All their working on is find a good way why it was denied.
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olushakes
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February 25, 2017, 12:35:27 PM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
I am expecting a shake in the bitcoin price because for allowing withdrawal now possible and being the largest bitcoin exchange makes them have the volume to move things around here. In that case, there might be more supply than demand in the overall market thereby forcing the price down a little bit because bitcoin has also been experiencing some level of independence in its price over the last few weeks.
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Idrisu
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February 25, 2017, 01:01:19 PM |
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On 9th march, there might be no certain happening that will happen to bitcoin and it might be back to normal again but two days after that, In my opinion we will see a dump again if many Chinese traders panic sell because of something that will happen after 9th march or we will see bitcoin's price manipulated again. It really depends on the BTC ETF's application approval or disapproval if it is approved we might see yet another upward movement in price but not that big but if it is denied we might see another dump.
BTC ETF's approvals is going have a greater impact on bitcoin and crypto currencies market general either is approved or not approved. Speculators has created great anticipation on the ETF since end of last year. To me if ETF is positive bitcoin price will start to pump up from the 9th when Chinese big exchangers activate they withdrawal and vice vasal.
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Malsetid
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February 25, 2017, 03:02:45 PM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
Well this may be good nees for us who doesnt have stocks of btc yet. This would give us a chance to buy bitcoin at a low price to hold in the long run. I don't think there's anything to be afraid of this as this will be our opportunity to buy bitcoins at a lower price. Think of the positive effects this can do first
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ArdiPrabowo
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February 25, 2017, 04:05:51 PM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
in china exchanger not only can withdraw again but result about china autorized, china regulation , about bitcoin, if result is good, can normal withdraw again bitcoin price can incraese high and 11 march about result SEC and ETF about USA exchanger
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South Park
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February 25, 2017, 04:17:05 PM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
Nothing important will happen that day, it will be business as usual, some will withdraw their bitcoin from the exchange, but that does not necessarily mean they are going to sell them, the big news will come two days after that.
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Mbah Tyo
Sr. Member
Offline
Activity: 532
Merit: 250
1st of May
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February 25, 2017, 06:08:39 PM |
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it looks like bitcoin will experience a slight decline in prices but after a few days the price will rise again significantly that in view of his chart, so do not be carried away do not be in a hurry to sell bitcoin, see the time is right for selling ok
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calkob
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February 25, 2017, 06:26:10 PM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
IF.... they allow withdrawals again i think you might find that alot of bitcoin move to paper or hardware wallets. this could be a lesson to the chinese people that unless you own the private keys then the bitcoin arnt yours.
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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February 25, 2017, 06:59:10 PM |
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Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?
IF.... they allow withdrawals again i think you might find that alot of bitcoin move to paper or hardware wallets. this could be a lesson to the chinese people that unless you own the private keys then the bitcoin arnt yours. Hopefully it does end up as a wake-up for them, but something like this shouldn't just be a wake-up call for the Chinese, it should be something everyone takes a look at and thinks "that can happen here". It's definitely going to be interesting to see what happens on March 9th, since it's just a few days from the ETF application decision. Might stay steady until the application result is chosen.
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LLec
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February 25, 2017, 07:07:35 PM |
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Good to know this news of when it's happening. There will be alot of movement that week from March 9-11th with two events happening so close to each other. So we all know is the "what for?" when the price either rises or falls during those two days.
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