bitcoin ETF announcement March 11 what do you expect?

[pitham1]

Despite what people say about "Slim chances", I think the ETF will go through. You can't put a rate on a educated decision. It's also not just the Winklevoss ETF that is being pushed, there are a couple more.

Bitcoin and the blockchain is being researched and used by major fintech companies already, I doubt the SEC will be daft enough to not approve it.

The mandate of the SEC is to protect investors. Whether common investors are savvy enough to understand the risks posed by a Bitcoin ETF is the question the SEC should answer. That is why most analysts predict only a slim chance of approval.

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[anonbit992]

I will be happy if the ETF gets approved, bet everyone here will be happy! but it is hard to say whether the SEC will approve it as there are lots of chances for them to reject it and even if approved, they will try to regulate the shit out of it.

Anyways lets wait and see how things will unfold over these coming days. I expect some correction if its not approved or delayed for some reasons, so keep a close watch and try to book some profits if you have entered at 1000 USD levels.

[ggbitcoin000]

IT IS ABOUT TIME WE KNOW, SUPPOSED TO BE TODAY RIGHT???!! ANY UPDATE PLEASE POST HERE!!!

[Indrawan77]

Etf rejected the idea, so we will see the price drop down in this few days, and now we already see the effect of the rejection, the price already go down, but no need to panic bitcoin will still survive, but this few day will be unstable

[bravehearth0319]

https://www.bloomberg.com/news/articles/2017-02-21/you-can-bet-on-whether-the-sec-approves-the-first-bitcoin-etf

Is it likely to be approved or not approved? If approved will it spike? By how much?

The decision has been finally made now, but even its been rejected its fine then expect the price drop for the coming few days which is a sign of panic buying, but no worries because we can still survive and can be recover again to 1300$.

[X-ray]

https://www.bloomberg.com/news/articles/2017-02-21/you-can-bet-on-whether-the-sec-approves-the-first-bitcoin-etf

Is it likely to be approved or not approved? If approved will it spike? By how much?

The decision has been finally made now, but even its been rejected its fine then expect the price drop for the coming few days which is a sign of panic buying, but no worries because we can still survive and can be recover again to 1300$.

My dream is come true and my speculation is to be real for buy more bitcoin on the cheap price. This just a simple bubble and it will not affecting a lot for the bitcoin itself. And it think in this time the price is recover again but to prevent the another dump coming in next day.

[olushakes]

Etf rejected the idea, so we will see the price drop down in this few days, and now we already see the effect of the rejection, the price already go down, but no need to panic bitcoin will still survive, but this few day will be unstable

Dats exactly my position when a lot if people had put their trust in ETF as if the whole bitcoin world depended on it. Whether etf or not, we have been surviving and when the decision has been made, we will still survive. Its just a mere setback that will be witnessed and as a lesson we are closer than we were years back.

[Sanekavg13]

Etf rejected the idea, so we will see the price drop down in this few days, and now we already see the effect of the rejection, the price already go down, but no need to panic bitcoin will still survive, but this few day will be unstable

Dats exactly my position when a lot if people had put their trust in ETF as if the whole bitcoin world depended on it. Whether etf or not, we have been surviving and when the decision has been made, we will still survive. Its just a mere setback that will be witnessed and as a lesson we are closer than we were years back.

Yes, I agree that this decision had no strong effect on bitcoin. And in the near future, the price of bitcoin will recover and start growing again. Do not panic, everything goes as it should

[BitFinnese]

Etf rejected the idea, so we will see the price drop down in this few days, and now we already see the effect of the rejection, the price already go down, but no need to panic bitcoin will still survive, but this few day will be unstable

Dats exactly my position when a lot if people had put their trust in ETF as if the whole bitcoin world depended on it. Whether etf or not, we have been surviving and when the decision has been made, we will still survive. Its just a mere setback that will be witnessed and as a lesson we are closer than we were years back.

Yes, I agree that this decision had no strong effect on bitcoin. And in the near future, the price of bitcoin will recover and start growing again. Do not panic, everything goes as it should

It has a strong short time effect toward bitcoin.  Can't you see how low Bitcoin drops when etf was rejected?  But well it was a short time effect since I seen some recovery now.  This only means being approved as ETF is just a small part of Bitcoin,  and I think it is a good thing that ETF is not approved because it somehow contradict in some point Bitcoin's purpose of decentralization.