Do you think the SEC will approve CBOE's Bitcoin ETF?

[Cryptomania12]

I think that any organization that deals with the approval of new digital money can not be objective, and I hope the exchange rate will not depend on SEC

[Natusik]

Most likely, the decision will be postponed to the beginning of next year, I read that the deadline for consideration is early February 2019. However, what gives us this approval - that's the question ..

[odri777]

In the event that they approve Bitcoin ETF application, then it seems to me it will be beneficial for the situation on the market!

[baricuri]

The current results are quite unexpected. SEC has rejected BTC and eth. This is probably a good opportunity for many investors who want to be free to hold on to investing heavily in this market

[Sarcasm]

The current results are quite unexpected. SEC has rejected BTC and eth. This is probably a good opportunity for many investors who want to be free to hold on to investing heavily in this market

I think the approval will not be done, rather i perceive that it might be postponed till another year.
If they do not approve it, the price of bitcoin will still skyrocket. I will just cross my hands and watch as things unfold.

[auroboros]

i think we have to wait and see if it gets approves in september or they will delay it for couple of more months before approval, but i do not believ that we will see this shappening on august 23rd, they will postpone it again.
My bet is they delay it again until year 2019 . If everything goes smoothly we will have a big rally, but if this does not happen we will see new lows.

[anilsaini.jaipur]

All we are hearing from last few months is ETF approval for BTC. A lot has been published and speculated. SEC approval is not easy to come by. They weigh each pros and cons of this approval. Might be the ETF decision again be postponed.

[dgross0818]

If the SEC approves do you think it will have a global impact on other financial regulators? Will this possibly pave the way for an explosion in bitcoin value? Please share your thoughts. Thanks!

I think it's not so simple with the cryptocurrencies - it's a game of nerves and big money, so it will last as long as possible! But sooner or later the cryptocurrencies will be approved and pour all their innovative power into the world of big economies - it is inevitable, like the fact that the sun rises in the east!

[doolittle]

If the SEC approves do you think it will have a global impact on other financial regulators? Will this possibly pave the way for an explosion in bitcoin value? Please share your thoughts. Thanks!

I think the SEC is currently manipulating this news. They probably bought bitcoins themselves a long time ago and make these throws of information. The accept the there is no, the postpone. Or on the contrary have not bought and just waiting for a suitable price. Eventually, they will pass the law.

[satosibtc1000]

In my opinion, the support of ETF will be beneficial to the SEC as they will be able to earn ! But it will mean that they recognize bitcoin and it can kill the us dollar in the future ! I won't guess just need to wait for a final decision.

[grendel25]

If the SEC approves do you think it will have a global impact on other financial regulators? Will this possibly pave the way for an explosion in bitcoin value? Please share your thoughts. Thanks!

Yes, various world players look to each other to see what precedents are set, why they are set, and if such precedents make sense in their own countries or geographical areas.  We have to pay attention to major events that have a tangible outcome for cryptocurrency price.  In 2014, it was Mt Gox and the dwindling interest after bitcoin's first halving.  In 2017 it was the momentum from the 2nd bitcoin halving combined with the explosion of Eth, smart contracts, and ICOs which made the perfect recipe for a surge of interest and cash.  2018 has been pretty boring.  2019 could be boring as well.  But eventually, bitcoin will halve again, ETFs will come, and another recipe for a price explosion can come as well.  If we see ETF and institutional entrance sprinkled in we may just see sustained price action with modest upward movement.  If it all happens at once and combines with bitcoin halving momentum... well... don't stand too close to the sun lol