Bitcoin Forum
October 17, 2018, 12:10:01 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2018-07-30] Bitcoin Bulls Ignore U.S. Regulators’ ETF Rejection  (Read 30 times)
Jgilpulg
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
July 30, 2018, 04:34:39 PM
 #1

As an immediate reaction to the SEC rejection, Bitcoin’s price dipped, closing of the trading day at USD 7,951. However, on the following day, the cryptocurrency rapidly pared its losses, shooting back to a high of USD 8,262.

https://bitcoinist.com/bitcoin-bulls-ignore-u-s-regulators-etf-rejection/


1539735001
Hero Member
*
Offline Offline

Posts: 1539735001

View Profile Personal Message (Offline)

Ignore
1539735001
Reply with quote  #2

1539735001
Report to moderator
1539735001
Hero Member
*
Offline Offline

Posts: 1539735001

View Profile Personal Message (Offline)

Ignore
1539735001
Reply with quote  #2

1539735001
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539735001
Hero Member
*
Offline Offline

Posts: 1539735001

View Profile Personal Message (Offline)

Ignore
1539735001
Reply with quote  #2

1539735001
Report to moderator
1539735001
Hero Member
*
Offline Offline

Posts: 1539735001

View Profile Personal Message (Offline)

Ignore
1539735001
Reply with quote  #2

1539735001
Report to moderator
monocolor
Hero Member
*****
Offline Offline

Activity: 756
Merit: 551



View Profile
July 30, 2018, 06:03:24 PM
 #2

SEC is stupid, if they want to reject ETF why approve the future trading? does not make sense to me.

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion★  Anonymity Guaranteed
★  Anonymous and Untraceable
★  Guard Your Privacy
      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
prehisto
Full Member
***
Offline Offline

Activity: 476
Merit: 107


JOIN THE NEXT MEGATREND IN CRYPTO!


View Profile
July 30, 2018, 07:36:06 PM
 #3

It does not seem rational that they are rejecting and postponing ETF proposals . I believe that they will have to accept one of them sooner or later since the public is and will be demanding it.

[ DESICO ] A PLATFORM TO ISSUE AND TRADE SECURITY TOKENS
JOIN THE NEXT MEGATREND IN CRYPTO!
      [ JOIN OUR TELEGRAM COMMUNITY ]         WEBSITE FACEBOOK TWITTER
darkangel11
Legendary
*
Offline Offline

Activity: 1190
Merit: 1050


View Profile
July 30, 2018, 07:47:41 PM
 #4

Because it was a small company, not the one hat we are waiting and hoping for. The ETFs that are coming next month are much bigger and run by huge companies.
Also, even if they won't get listed it doesn't really mean anything bad. There's a growing support for Bitcoin, even inside the SEC, so it's only a matter of time before it gets approved. The real question is: do we need it?
ghermghuda
Jr. Member
*
Online Online

Activity: 124
Merit: 1


View Profile
July 30, 2018, 08:12:37 PM
 #5

The lrice has tanked again today. But I believe that it shall rise again sometime sooner. That rejection made whales furious (I think that was why te price pumped even after the rejection).

🗣 Voice Controlled Ai Trading Assistant 👨‍💻 Portfolio Manager
📊 Analytics  ✦ AiBB ✦ Crypto ID 🔐
▬▬▬▬▬▬▬▬▬▬▬• https://aibb.io •▬▬▬
hugeblack
Sr. Member
****
Offline Offline

Activity: 476
Merit: 353


Avatar 4 rent / Sig Designer https://goo.gl/34QBYf


View Profile WWW
July 31, 2018, 04:49:21 AM
 #6

How many times will this rejection be made? I have read this news since 28 of this month.
This rejection did not affect as the price was able to correct quickly due to the Commissioner's sympathy.
So if it is rejected again next month "ETF" the effect will be only in the short term.
The opposite may not be accurate. "Acceptance will affect on the long term."

Pages: [1]
  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!