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Author Topic: Has the SEC made an approval?  (Read 4883 times)
spark.bet
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March 10, 2017, 02:23:37 PM
 #21

The sec announces at what time?

There is no fixed time. It can be any time during the working hours.
The last two announcement of the sec
That of 6 March and 9 march was published at the end of the day
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spark.bet
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March 10, 2017, 02:27:55 PM
 #22

I dare not imagine the movement after the official announcement

just fasten seat belt a bit

The price is so sensitive right now, it's gonna be a big drop if not approved. The price to buy is anyone's guess at this point. I'm guessing under 1000.

yes
 if etf not approved.  i think -25% -30%
if etf approved    the moon
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March 10, 2017, 02:31:42 PM
 #23

I dare not imagine the movement after the official announcement

just fasten seat belt a bit

The price is so sensitive right now, it's gonna be a big drop if not approved. The price to buy is anyone's guess at this point. I'm guessing under 1000.

yes
 if etf not approved.  i think -25% -30%
if etf approved    the moon

Whatever happened to "sell the news?"

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. - John Templeton
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March 10, 2017, 02:31:59 PM
 #24

I dare not imagine the movement after the official announcement

just fasten seat belt a bit

The price is so sensitive right now, it's gonna be a big drop if not approved. The price to buy is anyone's guess at this point. I'm guessing under 1000.

yes
 if etf not approved.  i think -25% -30%
if etf approved    the moon
You're overthinking it. The price is not going to move by 30% just like that. Don't forget that most bitcoin users held long before they got a glimpse of ETF and will continue even if it doesn't get approved.

spark.bet
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March 10, 2017, 02:36:36 PM
 #25

I dare not imagine the movement after the official announcement

just fasten seat belt a bit

The price is so sensitive right now, it's gonna be a big drop if not approved. The price to buy is anyone's guess at this point. I'm guessing under 1000.

yes
 if etf not approved.  i think -25% -30%
if etf approved    the moon
You're overthinking it. The price is not going to move by 30% just like that. Don't forget that most bitcoin users held long before they got a glimpse of ETF and will continue even if it doesn't get approved.
The price does not go down as much today.
But it can fall on 1 week as in January and then go up again
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March 10, 2017, 02:50:03 PM
 #26

If ETF is going to be approved and we're pushing it, will we approved being taxed by the government?
I was just thinking, because most of the time when we talked about bitcoin and government, it usually end up like the government will not approve anything related to bitcoin. I was just thinking if they did approve it though, it will be to the moon and thus the government also has the right to collect tax. Is this argument valid?

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spark.bet
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March 10, 2017, 02:52:45 PM
 #27


Whatever happened to "sell the news?"

Yes but here it looks more like a big announcement on the forex, with big movement behind.
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March 10, 2017, 02:58:48 PM
 #28


I heard it will be tomorrow for the news, can anyone confirm/deny?

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March 10, 2017, 02:59:31 PM
 #29


Whatever happened to "sell the news?"

Yes but here it looks more like a big announcement on the forex, with big movement behind.
if this will be supported by more traders inside forex this would make a huge movement for sure, hoping for the best for this
project and all of us who believes will be happy if moons comes to us, good luck bitcoiners..
Yakamoto
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March 10, 2017, 03:09:27 PM
 #30

While this should probably be moved to speculation at some point, the price is INCREDIBLY sensitive to absolutely anything that could happen right about now. Any words can send the price flying, and once the decision is made you'll see the value going one of two directions, and it will definitely be a substantial move whichever way the ETF application is decided.

Price probably moved because a while wanted to stir some hype or someone got an early word, either way it dropped off >$40 now and we still have to wait.
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March 10, 2017, 03:17:40 PM
 #31

The Whales are definitely playing around with the price.... and they know exactly how to time this... loads of people are watching the price for any

indication on what is going to happen... So when they see a increase in the price, people will start buying and if they see a decline in the price,

they will start dumping... So what will you do, if you collectively have enough fiat to simulate a "yes" hype? You buy a bunch of coins and wait

for the price to climb... then you sell it quickly once the price rise and you made a quick profit.  Roll Eyes ...That is the most logical explanation.

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March 10, 2017, 03:41:45 PM
 #32

The Whales are definitely playing around with the price.... and they know exactly how to time this... loads of people are watching the price for any

indication on what is going to happen... So when they see a increase in the price, people will start buying and if they see a decline in the price,

they will start dumping... So what will you do, if you collectively have enough fiat to simulate a "yes" hype? You buy a bunch of coins and wait

for the price to climb... then you sell it quickly once the price rise and you made a quick profit.  Roll Eyes ...That is the most logical explanation.

I was thinking for storing my btc first to tether as its normally going to be worth as it is if its sent there and back to be safe but I'd  rather risk buying DASH and ETH because thinking why they would be opposing the ETF is because of the government. BTC could end up being centralized if the government is going to be in the middle of all these. Either way BTC will rise still without ETF. Good luck to us all I hope to moon though.

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March 10, 2017, 04:15:17 PM
 #33

Poloniex had a huge swing in price spiking over 1360 but dropping back to around 1175. I'm not sure what's driving that but it could just be manipulation ahead of the ruling on the ETF.

It is not just in poloniex, the same thing happened to bitstamp and bitfinex. Maybe it is a manipulation or there is just too many sell orders at 1300+ levels that it pulled down the price when it got hit.
spark.bet
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March 10, 2017, 04:17:45 PM
 #34

Everyone is gone to eat.
Calm flat
bitjoin
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March 10, 2017, 04:39:33 PM
 #35


I heard it will be tomorrow for the news, can anyone confirm/deny?

when the deadline falls on a weekend the SEC traditionally will announce the day before - but not always .... could be Mon.

Yeah im betting on tomorrow though based on todays madness on finex.  On the whaleclub livesteam finex owner says he has no news but they can see who is buying/selling right Wink

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March 10, 2017, 04:40:45 PM
 #36

https://twitter.com/RyanVlastelica/status/840217251223556096

Today. So says an ETF journalist.
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March 10, 2017, 04:44:31 PM
 #37


Thanks for sharing!  Grin

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March 10, 2017, 04:50:06 PM
 #38



So today is confirmed  so within next 6-7 hours we will know the outcome. Thank you for sharing the link
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March 10, 2017, 04:54:12 PM
 #39


One can check the live updated status on the official announcement page -  (https://www.sec.gov/rules/sro/batsbzx.htm).

The announcements are in chronological list so the announcement will appear on the top of all the announcements.
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March 10, 2017, 04:54:51 PM
 #40

It has been waiting since 2013  Cheesy

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