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auroboros (OP)
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August 24, 2018, 12:11:00 PM |
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SEC rejects Bitcoin applications for ETFs, the future of Bitcoin and crypto currencies is unclear, is it still possible for BTC and Altcoin to return to the top price? You can see the SEC statement regarding the following in the link below: https://cointelegraph.com/news/sec-rejects-9-bitcoin-etf-applications-from-proshares-direxion-and-granitesharesis there still hope? everything is possible, when it has been proven, some things that were previously considered unnecessary, are now a necessity, such as the Internet and ATM machines. will Bitcoin and Altcoin be the next thing? |
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usantoslee
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August 25, 2018, 02:36:32 AM |
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The BTC ETF fund adopted by the SEC is hard work. When BTC unstable prices, there's always that manipulate and market manipulation. A market always uncertainty, system managers and operators do not have, it's hard to convince government trust
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reactorjuno
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August 25, 2018, 10:41:13 AM |
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I personally don't think it is a necessity, and the rejection was quite expected since we saw many cases of manipulation, just a few days ago with Bitmex https://www.youtube.com/watch?v=ZTTVVN0-46gHey the market is always right, see the reaction of the market? There was no reaction at all  |
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masterkiller
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August 27, 2018, 10:48:38 PM |
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we just wait for their decision in september, amum I don't think that will have any effect on crypto prices, because it is proven that crypto prices have no effect at this time, even though the SEC has rejected 9 applications from crypto especially bitcoin, but if the SEC accepts it, it will happen quite fantastic price increases, because there will be many new investors
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reactorjuno
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August 31, 2018, 10:59:22 AM
Last edit: August 31, 2018, 11:19:01 AM by reactorjuno |
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It was anything but a surprise actually, hence the non impact on Bitcoin price.
In my opinion the ETF could only have a positive effect on Bitcoin if it was approved, but in case it was rejected (like it just was a week ago) Bitcoin price would not move much anyway. Bitcoin has been fine without ETF for almost a decade now.
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P_percy
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August 31, 2018, 11:03:45 AM |
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The last time we saw the ath without any ETF news and I don't think it's not impossible to see those golden days again.
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NewBet
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September 01, 2018, 08:17:27 PM |
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I think that the reason that we have not seen any impact on the bitcoin price due to this news is the fact that a lot of people have already being expecting this to happen so it did not come as a shock. Everyone knows that it is going to take time to get the coins to be approved, rome was not built in a day. besides we have seen a lot of good prices without SEC approval.
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BTalarmus
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September 02, 2018, 01:58:12 PM |
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The main reason for refusal to register is the lack of sufficient market volume, the capitalization of bitcoin. Sooner or later this value will grow and the reasons for the refusal will no longer exist.
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dogtana
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September 02, 2018, 02:02:18 PM |
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Open your eyes, bitcoin is great but there are many great projects outthere, that are actualy usable and fundamental. Bitcoin is not not God, not everything depends on it.
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mirgo1791
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September 02, 2018, 02:06:44 PM |
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the work on extent as manager of funds to attains with use of customs with strategics of appeals as delivering use with service as referring nominals on release with abbreviation, to accounts of contain with aspects and factors as the initials on consequence as the chance on attains with the good trace on possession and qualifying with limitation on field of diversification as finest to shows with value on drawing on table with index on market of exchange with the crypto finance field of business.
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💌💌💌💌💌 DO NEAR - GAMES ARE LOVE 💌💌💌💌💌 |
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thienthankt1
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September 02, 2018, 02:14:18 PM |
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These refusals are not necessarily a bad thing. This will only encourage the introduction of fair and reasonable rules, which will eventually lead to the approval of a Bitcoin ETF. I think we have to wait until 2019 ETF will be adopted
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CoinsOrDie
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September 02, 2018, 02:17:18 PM |
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These refusals are not necessarily a bad thing. This will only encourage the introduction of fair and reasonable rules, which will eventually lead to the approval of a Bitcoin ETF. I think we have to wait until 2019 ETF will be adopted
In 2017 Sec also rejected the ETF and I think that by 2018 they will approve it. But in reality they still refuse, so 2019 will be the same. And crypto does not need the ETF and it will continue to grow like the 2017 ETF was rejected |
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