ETF betting

[pereira4]

So as we know, some people think the ETF will pass and bitcoin will go $2000++
Other people think ETF will not ass and bitcoin will go under $1000 again

both are good opportunities to make more money

What would you bet? ETF passes or rejected? Odds change across sites.

We all know that odds doesn't mean much, anything is possible.

[tyz]

To be honest I bet on both by setting buy orders on my CFD broker which allows to bet on Bitcoin price with leverage.

I set a buy order when price goes under $1199 (short order) and a buy order when it passes $1349 (long order). I expect that the price will have hight volatility on the days before and after the 11th March. No matter how the decision will be, I am sure the price will break one of the two marks.

[rotors]

Not betting, but if i would bet, then i would bet it will be rejected

[alani123]

Not betting, but if i would bet, then i would bet it will be rejected

If OP is talking about the Winklevoss bitcoin ETF I think that this is the most likely case. The SEC delayed their decision for so long for a reason, and things aren't going to change just because time has passed. But even it's approved, there's no reason to believe that the latest bullish rise in bitcoin markets would also be transfered in the ETF's trading.

[Pettuh4]

To be honest I bet on both by setting buy orders on my CFD broker which allows to bet on Bitcoin price with leverage.

I set a buy order when price goes under $1199 (short order) and a buy order when it passes $1349 (long order). I expect that the price will have big volatility on the days before and after the 11th March. No matter how the decision will be, I am sure the price will break one of the two marks.

That's the wisest thing to do-by setting your trading limits. I will rather have it at $2000 as against $1200, both ways it's s win win for me.

[tyz]

I have done this procedure several times and everytime it worked very well. The last time was at the halving event last summer with a nice profit.

There is only one danger. If you set the short and long orders too close there is the danger that one limit is broken previously before the official event occurs and when price goes in the other direction then. So it is important to watch the price narrowly and set appropriate stopp loss limits when you have an active position in the market.

To be honest I bet on both by setting buy orders on my CFD broker which allows to bet on Bitcoin price with leverage.

I set a buy order when price goes under $1199 (short order) and a buy order when it passes $1349 (long order). I expect that the price will have big volatility on the days before and after the 11th March. No matter how the decision will be, I am sure the price will break one of the two marks.

That's the wisest thing to do-by setting your trading limits. I will rather have it at $2000 as against $1200, both ways it's s win win for me.

[zero1ten]

I'm still skeptical about SEC and knowing the Feds work behind the curtain and knowing the Feds don't have the fondness towards bitcoin or crypto currencies as a whole because they are afraid they'll lose their grip on the financial system thus it will be a surprise for me if SEC approves the ETF though if they do, it will definitely pave the way for bitcoin to go mainstream and it will surely benefit the long time believers like me.

[mOgliE]

I don't think it will happen right now.

Etf don't happen just by magic!
The problem is that as BTC is completely decentralized there is no one to defend its interests, or at least no one official.
It seems people think that ETF will go through just... Just like that, because it's bitcoin!
I don't think it can happen, I don't do trading so I have little opinion here, but there is no reason to be so sure about ETF coming.

We might see a silly little crash in not long ^^

[barbarah]

There any sites taking on this bet since the date is fast approaching?

Directbet? OneHash? Anyone? Anyone?

[lite]

So as we know, some people think the ETF will pass and bitcoin will go $2000++
Other people think ETF will not ass and bitcoin will go under $1000 again

both are good opportunities to make more money

What would you bet? ETF passes or rejected? Odds change across sites.

We all know that odds doesn't mean much, anything is possible.

The chances are pretty low for etf approval, but hey it's bitcoin anything can happen like you said. i'm not betting or anything, just enjoying the price rally atm.

There any sites taking on this bet since the date is fast approaching?

Directbet? OneHash? Anyone? Anyone?

I think you're looking for this? https://www.onehash.com/event/special_events/bitcoin/46644
 you can bet here too https://www.bitmex.com/app/trade/COIN_BH17

[szpalata]

There any sites taking on this bet since the date is fast approaching?

Directbet? OneHash? Anyone? Anyone?

Not that I know of, but it will be interesting to double win: win the bet and then win after it is passed. If there are any prop bets like that please fill us in?

[bering]

i'm not really understand about this but i just seeing the odds for this special event

Yes @1.54
No @2.46

as usual low odds had good opportunity to win the bets but i personally will skip this event

[tyz]

Could you tell which bet provider does offer this odds, please?

Especially the odds for 'No' seems pretty fair and a good risk/profit ratio sincemany people in speculation threads are not very convinced that the SEC is allowing the Bitcoin ETF. They also provide good arguments why.

i'm not really understand about this but i just seeing the odds for this special event

Yes @1.54
No @2.46

as usual low odds had good opportunity to win the bets but i personally will skip this event

[lite]

i'm not really understand about this but i just seeing the odds for this special event

Yes @1.54
No @2.46

as usual low odds had good opportunity to win the bets but i personally will skip this event

You got the odds wrong, for yes it's x2.465 and for no it's x1.546 is what i see on my screen(on onehash). would like to know which site's odds you're referring to?

[doomistake]

So as we know, some people think the ETF will pass and bitcoin will go $2000++
Other people think ETF will not ass and bitcoin will go under $1000 again

both are good opportunities to make more money

What would you bet? ETF passes or rejected? Odds change across sites.

We all know that odds doesn't mean much, anything is possible.

I want to be positive about this because we are talking about here is the bitcoins price. I will put my bet that ETF will pass, because the SEC approved it, and if I am right about this, then we could make a lot of profits, especially those bitcoin users who holds their bitcoins for a very long time and are waiting for something like this to happen, because it is an opportunity to convert bitcoins in to fiat to have more money.

[BitcoinSupremo]

I don't like betting on these events but if I had to I would bet for the NO bitcoin will no surpass 2000 usd mark during the month of March. Since that bet from the image I am seeing here ends on March 11 chances are even higher to win that bet.

[harizen]

So as we know, some people think the ETF will pass and bitcoin will go $2000++
Other people think ETF will not ass and bitcoin will go under $1000 again

both are good opportunities to make more money

What would you bet? ETF passes or rejected? Odds change across sites.

We all know that odds doesn't mean much, anything is possible.

Bitcoin will grow based on community's view on the bitcoin and not with any news related to it.

ETF just create more sets of speculations resulting for a hype. If ETF is one of the straight to the point factor that will take the bitcoin price surges more then it's just an additional funds injected from the market by those investors and not with an addtional great numbers of new people entering the bitcoin world.

If the trend will continue and ETF speculations will established more reasons to believed that the price will increase more then I see $2,000 price range is just a piece of cake to breached.

[barbarah]

i'm not really understand about this but i just seeing the odds for this special event

Yes @1.54
No @2.46

as usual low odds had good opportunity to win the bets but i personally will skip this event

You got the odds wrong, for yes it's x2.465 and for no it's x1.546 is what i see on my screen(on onehash). would like to know which site's odds you're referring to?

Those are based one how many people choose which one and from what I have seen on the site any bets of 0.011btc are from the site owner so nobody placed bets on it yet so those pvp odds are not to accurate of who thinks if it will get approved or not.

[dunfida]

Betting on this event would be good specially to gamblers and bitcoin users itself. Seeing on the odds above seems not exactly to be based on. I would skip this bet and i would only love to see on what would really happen this upcoming ETF.

[bamboylee]

I will not participate in this betting but it is good to know there are site catering for this line. It seems it is leaning more in getting disapproved since no have lower odds. I'll just prepare my bitcoins for trading, selling my bitcoins just before March 11.