ETF rejected

[Kevin77]

EETF will be decided on 29th December this year (before the year ends) and most probably markets will not react to it until 2nd of january, maybe even later. Hence there is no rush to get bitcoin accepted right now, ETF can wait, we have much bigger problems at hand right now than focusing on ETF.

We need to figure out how to rebalance bitcoin when people make money shorting bitcoin. There are people who can bet 10 thousand bitcoins on bitmex to short bitcoin and say it will go down and at the same time sell 10 thousand bitcoins all together to drop the price everywhere and make the double amount of profit. If we can't find a way to fix that issue and somehow make profiting by increasing the price more appealing, this price crisis we had in 2018 will follow us to 2019 as well.

[Vishnu.Reang]

Never stop trying. At some point, the SEC will be forced to approve one of the ETF applications. As far as I know, they are running out of excuses. The Bitcoin trade within the United States is by and large regulated now.

[KrishaBitcoin]

I told ya guys the SEC won't approve it, a lot of members were saying "this time is different" "for sure it will be approved", etc...
I hope to see them commenting on this topic to see what they have to say now
Now I am interested to see how the market will react to this news in the next following days...

The good thing is that after ETF was rejected there is no direct effect on the market which was not expected by most of the crypto users that most of us thought that it will crash the market down right after the said rejection.We cannot link this market current performance as the late result of ETF rejection because the current performance was due to mostly people are avoiding and living the Crypto now because of bearish market performance which is not really good for the market. I wish ETF will be approve on next assembly to see if it will trigger the bullish run.

[pinoyden]

The rejection of ETF application for Bitcoin has not had any bad influence on the market. The prices as of today are even better than 2 weeks ago.

People were not just used on hearing news till now that it didn't bother to effect the market, what we are all still waiting is some good news to recover since were able to be patiently holding till it recovers.

patience is most important to get maximum results, I think good news will affect that. with the delay of etf certainly makes us have to be more patient to wait for the bullrun to occur, and don't despair

Its already given that etf have rejected bitcoin therfor there's no need to wait for any bull runs because i dont think that it can happen anymore  . though we can still experience a slight recover due to the upcoming holiday seasons and the rest major happenings  will probably occur  next year   but you guys were still correct . patience is still indeed the key in order for us to win and possibly earn a good income on this unpredictable market .

[Levious]

Fuck yeah!

satoshi listened to my prayers?

BTC is going to $100,000+ with or without ETF, but without an ETF it will be slower and TPTB continues amassing BTC by extending the bear period. The only reason all these phantom derivative scams are allowed is for them to manipulate prices in their favor.

I wouldn't be so sure on that, bitcoin is supposed to be a currency, and if one bitcoin is worth like 100 $, then its not a good factor, it maybe good in terms of how it looks, but in terms of long term usability, its not.

It doesn't matter, we wait patiently. ETF can't decide the fate of the cryptocurrency, it just makes the growth of Bitcoin slow. ETF is only a matter of time, in the future they will definitely accept the cryptocurrency market.

[automaticmoney]

the whole year we see etf news bitcoin prices got affected very badly crypto is decentralised lot of mass adoption is happening around the world still bitcoin etfs market is reacting hopefully next year the trend may change

[Pab]

Not rejected
But like it was predicted final decision will be 28 Feb
If rejected than it is not all over but company may start new procedure one time again
In fact that ETF approval story can continue for years
I hope Bakkt will launch the end of January
It is much more important for bitcoin adoption

[arpon11]

https://www.sec.gov/rules/sro/nysearca/2018/34-83904.pdf

Who would have guessed it? (/sarcasm)

Of course, no one but deluded noobs think that the SEC is going to pass an ETF, if not ever, at least any time soon.

The reason they allowed Futures is because with Futures they can apply a strong bearish manipulation on the market. They will not allow an ETF until they have kicked out 100% of noobs out of the market, and once they have more BTC in their hands than the rest of the world, they will allow an ETF.

BTC is going to $100,000+ with or without ETF, but without an ETF it will be slower and TPTB continues amassing BTC by extending the bear period. The only reason all these phantom derivative scams are allowed is for them to manipulate prices in their favor.

Many investors are dumping the cryptocurrencies because of this ETF issues and that is really giving me concerned.  ETF might not be approved in the next three years so we should not allow it to keep on pulling the market down.  I can tell you that bitcoin and blockchain technology will be fine without ETF so we should not much disturbing ourselves because of disapproval or approval of ETF.

Not rejected
But like it was predicted final decision will be 28 Feb
If rejected than it is not all over but company may start new procedure one time again
In fact that ETF approval story can continue for years
I hope Bakkt will launch the end of January
It is much more important for bitcoin adoption

Believe me that even in February 2019 , it will not be approve. The sec has see this ETF issues as away of regulating the cryptocurrencies market and an opportunity to bring the cryptocurrencies market down.

[Menawi12]

ETF just postponed to end february 2019. I am believe ETF will approved by regulation because a few country already alllowing bitcoin trading in their stock market. Its just matter of time before SEC approving ETF

[wahyu wida]

ETF just postponed to end february 2019. I am believe ETF will approved by regulation because a few country already alllowing bitcoin trading in their stock market. Its just matter of time before SEC approving ETF

for example in my country, where government is trying to get bitcoin into the trading market, and there are still many other countries like that. therefore I also believe that ethics will be realized soon

[bryant.coleman]

ETF just postponed to end february 2019. I am believe ETF will approved by regulation because a few country already alllowing bitcoin trading in their stock market. Its just matter of time before SEC approving ETF

ETF is not postponed. But the SEC postponed their decision on whether to approve or reject the ETF to February 2019. They are just trying to delay it infinitely, just like what the Danish government is trying to do with the Nord Stream 2 pipeline.

[kelkel112]

ETF just postponed to end february 2019. I am believe ETF will approved by regulation because a few country already alllowing bitcoin trading in their stock market. Its just matter of time before SEC approving ETF

ETF is not postponed. But the SEC postponed their decision on whether to approve or reject the ETF to February 2019. They are just trying to delay it infinitely, just like what the Danish government is trying to do with the Nord Stream 2 pipeline.

I heard that February 2019 is the last deadline. They cannot delay it anymore
Will be interested to see what will happen

[Juggy777]

ETF just postponed to end february 2019. I am believe ETF will approved by regulation because a few country already alllowing bitcoin trading in their stock market. Its just matter of time before SEC approving ETF

I have a positive feeling that it'll be approved come February end, as the sec statement clearly said it could be approved in days or years giving the hint that approval is on the cards. Also it's pertinent to note that Gabur Gurbacs, Director of Digital Assets Strategy at VanEck has given out a statement that bitcoins etf may just be approved, plus Nasdaq launching it's futures shall further help the cause. If you see a majority of the public wants it, the sec will have tow bow in to their demands, and give it their approval.

Link : https://www.ccn.com/vaneck-were-cautiously-optimistic-on-bitcoin-etf-approval/

[btc_angela]

ETF just postponed to end february 2019. I am believe ETF will approved by regulation because a few country already alllowing bitcoin trading in their stock market. Its just matter of time before SEC approving ETF

I have a positive feeling that it'll be approved come February end, as the sec statement clearly said it could be approved in days or years giving the hint that approval is on the cards. Also it's pertinent to note that Gabur Gurbacs, Director of Digital Assets Strategy at VanEck has given out a statement that bitcoins etf may just be approved, plus Nasdaq launching it's futures shall further help the cause. If you see a majority of the public wants it, the sec will have tow bow in to their demands, and give it their approval.

Link : https://www.ccn.com/vaneck-were-cautiously-optimistic-on-bitcoin-etf-approval/

I really hope so. We have been waiting for a Bitcoin ETF because everyone is thinking that it can give the needed catalyst to see the market starts another bull run. So we should remain optimistic and look at early Q1 2019. We also have the Bakkt offerings as well, so it everything went on our way, we might really see a bull run next year so everyone needs to be patience and just hold on our coins.

[shinharu10282016]

EETF will be decided on 29th December this year (before the year ends) and most probably markets will not react to it until 2nd of january, maybe even later. Hence there is no rush to get bitcoin accepted right now, ETF can wait, we have much bigger problems at hand right now than focusing on ETF.

We need to figure out how to rebalance bitcoin when people make money shorting bitcoin. There are people who can bet 10 thousand bitcoins on bitmex to short bitcoin and say it will go down and at the same time sell 10 thousand bitcoins all together to drop the price everywhere and make the double amount of profit. If we can't find a way to fix that issue and somehow make profiting by increasing the price more appealing, this price crisis we had in 2018 will follow us to 2019 as well.

I thought its supposed to be on February. So the rumors that it will be 2019 before some kind of rushing up the market to buy these dumps are big right now. That we have to believe the upcoming ETF announcements are going to give it a big kick 

[AAlex48]

As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

[bitbunnny]

As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.

[honolulu888]

ETF just postponed to end february 2019. I am believe ETF will approved by regulation because a few country already alllowing bitcoin trading in their stock market. Its just matter of time before SEC approving ETF

ETF is not postponed. But the SEC postponed their decision on whether to approve or reject the ETF to February 2019. They are just trying to delay it infinitely, just like what the Danish government is trying to do with the Nord Stream 2 pipeline.

yes its another posponed ETF decision by SEC because they need to reviews its again. I hope in february 2019 final decision will be made. I am sure ETF approved wiil drive bitcoin price higher and also will help bitcoin mass adoption

[jeromix]

but without the regulation we could not kick off in the market because investors may not feel security with no third party around that could remove doubts about manipulation of the team itself. This is just like pointing out governments rulings about the system but the truth is that only finger pointing to the government to be blane fornthe bear market but three fingers will point at the team for cryptocurrency itself where manipulation could be ar high rate.

[cahbagus555]

SEC decision on february end but BAKKT launch at January 2019. If BAKKT already launch in January, i think its already good for cryptomarket beside ETF. Hope SEC will approve ETF