ETF betting

[piloder]

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.

Sell half of your bitcoin before march 11 not all, don't expect big dump on price even if ETF doesn't get approved. I am placing bet on against approval, 1.5x odd is not that bad 

[Caladonian]

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.

Sell half of your bitcoin before march 11 not all, don't expect big dump on price even if ETF doesn't get approved. I am placing bet on against approval, 1.5x odd is not that bad 

well better to sell much higher than that because if btc will not be approved a big shake will happen to its current price that's will surely happen
and if things went to the other side you still have your remaining and still profits in your side though, placing my bets against approval too mate
i'm not sure yet if bitcoin already been embrace by many people around the globe.

[Loepuenkyou]

I think ETF can aprove bitcoin, but must with some conditions
ETF can aprove with some of the requirements, and regulations that must be fulfilled

[jack1111]

I think Bitcoin has small chance to be approved, and what we watch now happened a lot, the price will keep going up, then in one hour we will watch big dump, in every event, the famous media that are involved in crypto currencies try to exploit this event, and the big whales always know what they have to do.

[thejaytiesto]

The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.

[lite]

The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.

Lol yeah it is a gamble, i would hold on to my coins and sell when the price will be $2000 or above.

I think Bitcoin has small chance to be approved, and what we watch now happened a lot, the price will keep going up, then in one hour we will watch big dump, in every event, the famous media that are involved in crypto currencies try to exploit this event, and the big whales always know what they have to do.

The chances are 30% for approval, if the COIN etf is rejected, there's going to be other bitcoin etf(s).  

[tyz]

Do not look short term. If you believe in Bitcoin, you should not matter about the decision next week. Even if the ETF will not get approved, the price will dump more or less but mid and long term I am sure the price will reach todays niveau again.

The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.

[Slark]

I didn't expect odds like these: No @1.54 Yes @2.65 - From what I gathered chances of ETF approval are extremely slim.
At least that is what analysts are saying, so betting for 'NO' in this case seems like a very tempting prospect.
But these odds make me think that maybe there is second bottom in this, like some leaked info maybe?

[pereira4]

Do not look short term. If you believe in Bitcoin, you should not matter about the decision next week. Even if the ETF will not get approved, the price will dump more or less but mid and long term I am sure the price will reach todays niveau again.

The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.

Everyone knows the price will keep climbing with or without Winklevoss ETF, the question here is to profit from the ups and downs to make more BTC, and you must take risks for that.

Of course if it passes people that sold or short is FUCKED since I predict it will go to the moon.

[Vaskiy]

It seems to be highly a risky betting. The reason is that now most has given confirmation that the approval is an assured one. In such gambling event odds are found high for etf approval and low for not approved. So anything unexpected will make things worse.

[thejaytiesto]

I didn't expect odds like these: No @1.54 Yes @2.65 - From what I gathered chances of ETF approval are extremely slim.
At least that is what analysts are saying, so betting for 'NO' in this case seems like a very tempting prospect.
But these odds make me think that maybe there is second bottom in this, like some leaked info maybe?

Odds are useless. What do people know about the SEC? nobody knows what will happen, only the people responsible for the decision.

Odds are for random people. If there are people with insider knowledge they are not going to waste time voting on some poll, they will use their insider info to trade.

Realistically is 50/50 cause nobody knows.

[bajing]

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

If you likes to bet on event like this, you cant made a bet by looking to the lower odds winning will make your bets win. for example: when the gambling site open bet for usa election, they open looks like hilarry won because they give lower odds for who bet on hilarry but then we know trump win the election.

[Bitcoinsummoner]

I'll vote to ETF rejection but the problem i don't have extra bitcoin to bet for now this is  what i saw from some people opinion and i think the ETF will reject. but hoping that ETF will be accept and the price will goes up.

[cazkooo]

I'll vote to ETF rejection but the problem i don't have extra bitcoin to bet for now this is  what i saw from some people opinion and i think the ETF will reject. but hoping that ETF will be accept and the price will goes up.

Well actually if check on the odds, the YES option got the lower odds and you could know that there is a high chance that it will be accepted. Once it is accepted you could see that the price could get over $2000 so this is more than just a bet this is more like the future of bitcoin itself

[avatar_kiyoshi]

It seems to be highly a risky betting. The reason is that now most has given confirmation that the approval is an assured one. In such gambling event odds are found high for etf approval and low for not approved. So anything unexpected will make things worse.

Smart people will not considering gambling event as pale for make a decision. Don't need to panic. Bitcoin ETF approved or not, it will long live.

I'll vote to ETF rejection but the problem i don't have extra bitcoin to bet for now this is  what i saw from some people opinion and i think the ETF will reject. but hoping that ETF will be accept and the price will goes up.

Well actually if check on the odds, the YES option got the lower odds and you could know that there is a high chance that it will be accepted. Once it is accepted you could see that the price could get over $2000 so this is more than just a bet this is more like the future of bitcoin itself

Based on what site the odds come from?

The odds based on onehash when I write this post:
Yes: x2.049
No: x1.771

[michkima]

This would be a fun bet to do. But instead of betting this on a casino or whatever platform that would offer this bet, I'll just put my money in bitcoins right now. It's better since there is a chance that the prices double if it gets approved or it will just drop in prices if it doesn't get approved. In the latter case, I will still have my money than losing my bet.