Bitcoin Forum
June 25, 2018, 10:22:14 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Bitcoin ETF - decision 15th May - Time and place  (Read 8634 times)
buwaytress
Hero Member
*****
Online Online

Activity: 658
Merit: 602


I bit, therefore I am


View Profile
May 15, 2017, 08:00:33 PM
 #41

is today the decission or not??

I've heard it's just the last day to submit a comment nothing else.

I could be wrong though.

It's just the deadline to submit petition for review. Perhaps it was even already sent a while ago. Then it will be a matter of days at least to hear back.

Likely to still be a no, in which case limited effect on price. If a surprise yes happens, will also have limited effect. Happy to be proven wrong!


1529922134
Hero Member
*
Offline Offline

Posts: 1529922134

View Profile Personal Message (Offline)

Ignore
1529922134
Reply with quote  #2

1529922134
Report to moderator
1529922134
Hero Member
*
Offline Offline

Posts: 1529922134

View Profile Personal Message (Offline)

Ignore
1529922134
Reply with quote  #2

1529922134
Report to moderator
1529922134
Hero Member
*
Offline Offline

Posts: 1529922134

View Profile Personal Message (Offline)

Ignore
1529922134
Reply with quote  #2

1529922134
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529922134
Hero Member
*
Offline Offline

Posts: 1529922134

View Profile Personal Message (Offline)

Ignore
1529922134
Reply with quote  #2

1529922134
Report to moderator
1529922134
Hero Member
*
Offline Offline

Posts: 1529922134

View Profile Personal Message (Offline)

Ignore
1529922134
Reply with quote  #2

1529922134
Report to moderator
1529922134
Hero Member
*
Offline Offline

Posts: 1529922134

View Profile Personal Message (Offline)

Ignore
1529922134
Reply with quote  #2

1529922134
Report to moderator
bankpower
Jr. Member
*
Offline Offline

Activity: 58
Merit: 0


View Profile
May 15, 2017, 09:47:08 PM
 #42


It's just the deadline to submit petition for review. Perhaps it was even already sent a while ago. Then it will be a matter of days at least to hear back.

Likely to still be a no, in which case limited effect on price. If a surprise yes happens, will also have limited effect. Happy to be proven wrong!



Not today? I was ready with beer and chips in front of Bitcoinwisdom to see how the price's NOT changing Roll Eyes
LuanX3
Hero Member
*****
Offline Offline

Activity: 756
Merit: 505



View Profile
May 16, 2017, 03:12:10 AM
 #43

Well I didn't really think it will be approved. Seems though that the prices were affected by a few hundred dollars after it reached an all time high of $1,900+ in the past couple of days. Maybe we'll see it stabilize in the next few days and I hope it stabilize at $1,700 and not go down below this price anymore.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
talkbitcoin
Legendary
*
Offline Offline

Activity: 1022
Merit: 1004


View Profile
May 16, 2017, 03:49:27 AM
 #44


It's just the deadline to submit petition for review. Perhaps it was even already sent a while ago. Then it will be a matter of days at least to hear back.

Likely to still be a no, in which case limited effect on price. If a surprise yes happens, will also have limited effect. Happy to be proven wrong!



Not today? I was ready with beer and chips in front of Bitcoinwisdom to see how the price's NOT changing Roll Eyes

i wouldn't get my hopes up for a "not changing" price! there are still some people who are caught up in the fake hype and will surely panic, you know bitcoinewbies love to panic at times like this and everybody loves them for their panic Smiley














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
Yakamoto
Legendary
*
Offline Offline

Activity: 1120
Merit: 1004



View Profile
May 16, 2017, 04:27:37 AM
 #45

Well I didn't really think it will be approved. Seems though that the prices were affected by a few hundred dollars after it reached an all time high of $1,900+ in the past couple of days. Maybe we'll see it stabilize in the next few days and I hope it stabilize at $1,700 and not go down below this price anymore.
Hard to say, I think there is some speculation being based around the ETF again and I think it might slip a bit for a little while, but there's a high chance that it will be bought up again and return to around $1,700. If the ETF does get approved, it might slowly get through the community and then go up to $1,900 again, but having the ETF approved is already unlikely.


███████████▀  █████     ████    ███  ▄████████▄   ███     ███     █████     ███  ████    ███
   ███       ▐██▀██▌    █████   ███  ███    ▐██▌  ███     ███    ▐██▀██▌    ███  █████   ███
▄▄▄███▄▄▄▄   ███ ███    ███▀██  ███  ███          ███▄▄▄▄▄███    ███ ███    ███  ███▀██  ███
▀▀▀███▀▀▀   ▐██▌ ▐██▌   ███ ▀██ ███  ███          ███████████   ▐██▌ ▐██▌   ███  ███ ▀██ ███
   ███      ███   ███   ███  ▀█████  ███    ▐██▌  ███     ███   ███   ███   ███  ███  ▀█████
   ███     ▐██▌   ▐██▌  ███   ▀████  ▀████████▀   ███     ███  ▐██▌   ▐██▌  ███  ███   ▀████
                                                                                             
........... BY SPORTS
..............CASTRTM





[FORBES] Backed by Former NBA Commissioner
▄▄██▄▄██▄▄
▀██▀▀▀▀▀▀██▌
 ██      ██▌
 █████████▌
 ██      ██▌
▄██▄▄▄▄▄▄██▌
▀▀██▀▀██▀▀
             ▄▄▄
        ▄▄▄█████
  ▄▄▄████▀▀▄███
▀▀████▀ ▄██████
    █ ▄███████
     ███▀█████
           ▀█▌
         ▄▄▄ ▄
█▄     ▄█████▄
▐███▄▄▄██████
 ▀███████████
  ▄█████████
   ▀█████▀▀
  ▀▀▀▀
▄▄▄▄▄▄▄▄ 
█████████▄
█▄▄▄▄▄▄▄▄██▄▄
█▄▄▄▄▄▄▄▄▄█ █
█▄▄▄▄▄▄▄▄▄█ █
███████████ █
  █▄▄▄▄▄▄▄▄▄█
══════════════════════════════DAVID STERN





▬▬▬▬▬▬█▬▬▬▬▬▬

NOW LIVE!

▬▬▬▬▬▬█▬▬▬▬▬▬
[/cen
themerkle
Full Member
***
Offline Offline

Activity: 192
Merit: 100


View Profile
May 16, 2017, 06:52:04 AM
 #46

Yes, the ETF being approved is quite unlikely, we did a poll and 65% believe it won't get approved.

https://themerkle.com/65-percent-believe-sec-will-deny-bitcoin-etf/
Denker
Legendary
*
Offline Offline

Activity: 1358
Merit: 1012


View Profile
May 16, 2017, 06:58:35 AM
 #47

I don't get it why people still talking about a probability of this ETF thing getting approved.
Nothing has changed in the last 2 months. So the SEC will reject it again and then hopefully this chapter can finally be closed.
A few guys try to use it however to play the market imo, that's why we see that topic popping up again and again.

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

                   BitCloak Bitcoin Mixer  
  BTC & BCH | API| MULTIADDRESS| PGP PROOF|  FAST MIX |  ESCROW|  MORE ! 

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

pooya87
Legendary
*
Offline Offline

Activity: 1316
Merit: 1090


Buy bitcoin they said... who listened?


View Profile
May 16, 2017, 08:29:14 AM
 #48

I don't get it why people still talking about a probability of this ETF thing getting approved.
Nothing has changed in the last 2 months. So the SEC will reject it again and then hopefully this chapter can finally be closed.
A few guys try to use it however to play the market imo, that's why we see that topic popping up again and again.

because people like speculating (guessing) and when they don't find any logical reason for their speculation anymore they start using any kind of news Smiley
although i agree that nothing has changed and SEC will most probably deny it again but one thing has changed and that is the way Japan changed the way the whole world looks at bitcoin.

1Referee
Legendary
*
Offline Offline

Activity: 1554
Merit: 1123


View Profile
May 16, 2017, 10:14:41 AM
 #49

I don't get it why people still talking about a probability of this ETF thing getting approved.
Nothing has changed in the last 2 months. So the SEC will reject it again and then hopefully this chapter can finally be closed.
A few guys try to use it however to play the market imo, that's why we see that topic popping up again and again.

It's Bitcoin's speculative nature. Everything is being used to make the market move into a certain direction. Why? Because it always works. After the SEC review something else will be put up front to move the market. Now the price has increased nicely over the last weeks, it's likely time for some negativity. Easy thing to fall back to are the hard fork speculations. It's now sitting in the background, but it doesn't take much to fire up another round of panic by sponsoring certain negativity minded articles to shake up the market.

DeathAngel
Legendary
*
Offline Offline

Activity: 966
Merit: 1002


View Profile
May 16, 2017, 10:21:14 AM
 #50

I don't get it why people still talking about a probability of this ETF thing getting approved.
Nothing has changed in the last 2 months. So the SEC will reject it again and then hopefully this chapter can finally be closed.
A few guys try to use it however to play the market imo, that's why we see that topic popping up again and again.

Yeah it's a pretty pointless debate, we all know that no bitcoin ETF will be approved for a long time, if ever. Luckily it doesn't stop our moon bound rocket though.
moviebuff777
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
May 16, 2017, 03:50:06 PM
 #51

I don't get it why people still talking about a probability of this ETF thing getting approved.
Nothing has changed in the last 2 months. So the SEC will reject it again and then hopefully this chapter can finally be closed.
A few guys try to use it however to play the market imo, that's why we see that topic popping up again and again.

Yeah it's a pretty pointless debate, we all know that no bitcoin ETF will be approved for a long time, if ever. Luckily it doesn't stop our moon bound rocket though.

I don't think it will be approved, but I would like to hear the official word on it. It could have an affect on the bitcoin price.
TravelMug
Sr. Member
****
Offline Offline

Activity: 518
Merit: 253



View Profile
May 16, 2017, 04:30:40 PM
 #52

I don't get it why people still talking about a probability of this ETF thing getting approved.
Nothing has changed in the last 2 months. So the SEC will reject it again and then hopefully this chapter can finally be closed.
A few guys try to use it however to play the market imo, that's why we see that topic popping up again and again.

Yeah it's a pretty pointless debate, we all know that no bitcoin ETF will be approved for a long time, if ever. Luckily it doesn't stop our moon bound rocket though.

Yeah. I hope that the skyrocket price will continue even though it will be rejected by ETF. We already see some correction price a few days ago in anticipation of  the rejection. But I think the SEC will just collate all the pros and cons on the Coin ETF application, and will not make the decision today.

████
████
████
████
████
████
████
████
████
████
████
████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀  ▀▀▀▀▀  ▀▀▀  ▀▀  ▀▀  ▀  ▀  ▀  ▀
evident proof
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▄  ▄  ▄  ▄  ▄▄  ▄▄  ▄▄▄  ▄▄▄▄▄  ▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
████
████
████
████
████
████
████
████
████
████
████
████
▄█████████████████▄
██▀               ▀██
██  ███████████████  ██
██  █████████████████  ██
██  █▀▀▀▀█▀▀▀▀██▀▀▀▀▀▀█  ██
██  ██    █  ▄  █      ██  ██
██  ███  ▀▀█  █  ███  █████  ██
██  ███  ▄▄█    ▄███  █████  ██
██  ██    █  ██████  ████  ██
██  █▄▄▄▄█▄▄██████▄▄███  ██
██  █████████████████  ██
██  ███████████████  ██
██▄               ▄██
▀█████████████████▀
THE TRUTH WE TRUST
████
████
████
████
████
████
████
████
████
████
████
████
[   WHITEPAPER   ]    [   TOKEN SALE   ]
█████     TELEGRAM     █████

LinkedIn   Twitter   Facebook   Reddit   Medium
iluvpie60
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
May 16, 2017, 08:21:33 PM
 #53

I don't get it why people still talking about a probability of this ETF thing getting approved.
Nothing has changed in the last 2 months. So the SEC will reject it again and then hopefully this chapter can finally be closed.
A few guys try to use it however to play the market imo, that's why we see that topic popping up again and again.

Yeah it's a pretty pointless debate, we all know that no bitcoin ETF will be approved for a long time, if ever. Luckily it doesn't stop our moon bound rocket though.

Yeah. I hope that the skyrocket price will continue even though it will be rejected by ETF. We already see some correction price a few days ago in anticipation of  the rejection. But I think the SEC will just collate all the pros and cons on the Coin ETF application, and will not make the decision today.

I have been of the mind that the etf getting approved has such a low low chance that people arent pricing that in to bitcoin. The recent price rises being attributed to more of the news about Japan and some other  countries having positive news. Recently i just saw something about USA considering accepting btc payments for something like paying some kind of fee for contracts or something.



                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
 ▀███▄▄     ▄█▀                ▀█▄▄█████▀
  ▀██████▄▄█▀                ▄▄███████▀
   ▐█████████▄           ▄▄███████████
     ▀█████████▄▄      ▄█████████████
       ▀██████████    ███████████████
        ▐▀█████████  █████████████▀ ▐▌
        ▐▌ ▀▀██████ ▐███████████▀   ▐▌
        ▐▌      ▀██ ▐█████████▀     ▐▌
         █        ▀  ██████         █
         ▐█          ▐█████▄       █▌
          ▀█▄         ▀██████▄   ▄█▀
            ▀█▄         ▀█████▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                ▀▀████████▀▀
T
....ANGEL TOKEN....


                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀ 
 ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀ 
  ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀   
   ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█     
     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █     
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█     
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌     
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌     
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌     
         █        ▀  █▓█▀▀█         █     
         ▐█          ▐▄▓░ █▄       █▌     
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀       
            ▀█▄         ▀█▄▄▄█▌▄█▀         
              ▀██▄▄       ▀▄▄██▀           
                 ▀▀████████▀▀             

BitDane
Sr. Member
****
Offline Offline

Activity: 431
Merit: 250


View Profile
May 16, 2017, 09:03:16 PM
 #54

Aside from some country adoption, there is not much going on Bitcoin.  Scaling problem is still there, regulation is still an issue.  so I guess the decision on the ETF review will not be reverted.  It will stay the same.  Rejected.  And I guess the rejection will do good than bad.

RecordsKeeper™/
⚞☊
Record Keeping & Data Security Solution
FacebookTwitterwww.recordskeeper.coLinkedInTelegram
☊⚟
cpfreeplz
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1033


View Profile
May 20, 2017, 11:13:08 PM
 #55

So what's going on with this now? Are they making a decision? Is it rejected? I can't find anything when searching online so are we supposed to assume that they're just working on it now?
topper26
Full Member
***
Offline Offline

Activity: 165
Merit: 101


View Profile
May 21, 2017, 12:31:36 AM
 #56

I don't think many really care now! Not trying to be snarky I mean this price rise is so much more than an etf possibly getting approved
CarloP
Full Member
***
Offline Offline

Activity: 237
Merit: 250


Who knows dominates in good and evil!


View Profile WWW
May 21, 2017, 08:52:05 AM
 #57

I don't think many really care now! Not trying to be snarky I mean this price rise is so much more than an etf possibly getting approved

I think bitcoin is getting indipendent and resilient something, somewhere, someone... some...

Denker
Legendary
*
Offline Offline

Activity: 1358
Merit: 1012


View Profile
May 21, 2017, 04:19:26 PM
 #58

I don't think many really care now! Not trying to be snarky I mean this price rise is so much more than an etf possibly getting approved

You're right. This has almost nothing to do with the ETF. The main reason is it was already rejected once.And the chance it will get approved in a second attempt by review is ridiculously small!!
Therefore the second annoucement by the SEC, very likely another rejection, won't have any significant impact on the price.

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

                   BitCloak Bitcoin Mixer  
  BTC & BCH | API| MULTIADDRESS| PGP PROOF|  FAST MIX |  ESCROW|  MORE ! 

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

Hazir
Legendary
*
Offline Offline

Activity: 1596
Merit: 1003


★Nitrogensports.eu★


View Profile
May 21, 2017, 05:00:57 PM
 #59

I don't think many really care now! Not trying to be snarky I mean this price rise is so much more than an etf possibly getting approved

You're right. This has almost nothing to do with the ETF. The main reason is it was already rejected once.And the chance it will get approved in a second attempt by review is ridiculously small!!
Therefore the second annoucement by the SEC, very likely another rejection, won't have any significant impact on the price.

The mere fact that SEC agreed to examine ETF case once more is enough reason for bitcoin investors to keep hopes high.
Price might not necessary spike because of that, but confidence in bitcoin's future potential might be bolstered.
I belive that we will have bitcoin ETF someday, in due time.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
peter0425
Sr. Member
****
Offline Offline

Activity: 504
Merit: 265



View Profile
May 21, 2017, 08:07:46 PM
 #60

I don't think many really care now! Not trying to be snarky I mean this price rise is so much more than an etf possibly getting approved

You're right. This has almost nothing to do with the ETF. The main reason is it was already rejected once.And the chance it will get approved in a second attempt by review is ridiculously small!!
Therefore the second annoucement by the SEC, very likely another rejection, won't have any significant impact on the price.

The mere fact that SEC agreed to examine ETF case once more is enough reason for bitcoin investors to keep hopes high.
Price might not necessary spike because of that, but confidence in bitcoin's future potential might be bolstered.
I belive that we will have bitcoin ETF someday, in due time.

In a sense you are correct. Maybe the second review give investors trust and confidence in bitcoin. They see good potential in bitcoin that's why they have put money in the ecosystem. If ETF will be rejected, I think they will still stay with bitcoin because the price is  going up. So its a win-win situation for us casual holders and big investors.

FORTUNEJACK
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!