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Author Topic: ETF decision before 11th March  (Read 2626 times)
crazyivan
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March 10, 2017, 07:33:18 AM
 #41

I read a news site here that the date change until 13 March
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/

So, what s the date now, 11th, transferred to 10th due weekend, or 13th??

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thesavoyard
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March 10, 2017, 07:58:09 AM
 #42

I read a news site here that the date change until 13 March
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/

So, what s the date now, 11th, transferred to 10th due weekend, or 13th??

People are claiming both ways. Unless they have inside knowledge it's anyone's guess. The worst would be for them not to make decision. it would be equal to saying yes but would be ambiguous until Monday night at midnight. Even then, if they made a decision but didn't announce until later it would be shitty.

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March 10, 2017, 09:47:20 AM
 #43

People are claiming both ways. Unless they have inside knowledge it's anyone's guess. The worst would be for them not to make decision. it would be equal to saying yes but would be ambiguous until Monday night at midnight. Even then, if they made a decision but didn't announce until later it would be shitty.

If you think logically, then it means that they would have to announce their approval or disapproval on a Saturday if you look at 11 March, that doesn't really make any sense. 13 March (Monday) is the only date (also logically) that we will finally end all speculations regarding this ETF.

https://news.bitcoin.com/secs-first-bitcoin-etf-deadline-is-actually-march-13-not-march-11/
Denker
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March 10, 2017, 10:11:01 AM
 #44

Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!

I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
ralle14
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March 10, 2017, 10:22:35 AM
 #45

Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!

I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
It matters for those who want to know(including myself) and people who are interested to invest because it'll surely affect the price of bitcoin once the decision is announced. We know the price is expected to increase but it might take another halving before we reach to that certain price floor.

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thesavoyard
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March 10, 2017, 12:20:48 PM
 #46

Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!

I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.

We're looking at a drastic and immediate increase in demand so it does matter. At least in the short term. I think Bitcoin will grow, it'll grow faster if the miners can approve a way to increase blocksize too. The greatest threat to bitcoin in the future is the limitations of bitcoin. If it gets approved, I'll keep what BTC I have nd immediately buy more and ride the wave to the crest. If it gets denied, I'll hold what I have and buy when it bottoms out. Either way, I'll be buying BTC.

meemiinii
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March 15, 2017, 02:31:58 PM
 #47

Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!

I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.

We're looking at a drastic and immediate increase in demand so it does matter. At least in the short term. I think Bitcoin will grow, it'll grow faster if the miners can approve a way to increase blocksize too. The greatest threat to bitcoin in the future is the limitations of bitcoin. If it gets approved, I'll keep what BTC I have nd immediately buy more and ride the wave to the crest. If it gets denied, I'll hold what I have and buy when it bottoms out. Either way, I'll be buying BTC.

you were definitely right mate. the disapproval of ETF has also brought a huge impact to bitcoins price. it just dump so hard after the disapproval and those who just bought bitcoin that time is already getting profit these days since bitcoins price are now pumping and kicking back to 1200$ just like before the SEC rendered its decision. so lucky are they!



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Zadicar
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March 15, 2017, 03:31:04 PM
 #48

Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!

I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.

We're looking at a drastic and immediate increase in demand so it does matter. At least in the short term. I think Bitcoin will grow, it'll grow faster if the miners can approve a way to increase blocksize too. The greatest threat to bitcoin in the future is the limitations of bitcoin. If it gets approved, I'll keep what BTC I have nd immediately buy more and ride the wave to the crest. If it gets denied, I'll hold what I have and buy when it bottoms out. Either way, I'll be buying BTC.

you were definitely right mate. the disapproval of ETF has also brought a huge impact to bitcoins price. it just dump so hard after the disapproval and those who just bought bitcoin that time is already getting profit these days since bitcoins price are now pumping and kicking back to 1200$ just like before the SEC rendered its decision. so lucky are they!
Im one of those lucky persons that do buy on that price decrease after the rejection even on ETF i do know already that they would probably reject it from the start regarding on bitcoin technical and other issues that they dont like to adopt. But the most important thing of all that we should move on already and forget that even its over now.

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March 15, 2017, 03:44:51 PM
 #49


how I wish I was one who took advantage to the dumping of price of bitcoin after the rejection of the etf.
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