Bitcoin Forum
September 22, 2018, 09:54:54 PM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: SEC will review rejected Bitcoin ETF  (Read 36 times)
wizardcrypto
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
August 25, 2018, 09:53:52 PM
 #1

The security Exchange Commision that rejected the propose Bitcoin ETF earlier have now agree to review nine Bitcoin exchange traded fund (ETF) according to the constitution of the Commission Rules of Practice ,17 CFR 201,431, the Commission will review the delegated action.
The crypto community is happy again with this movement but the questions is could this movement cause the cryptocurrency to be stable and the bull to run all through out the last quarter of the year 2018 ?
1537653294
Hero Member
*
Offline Offline

Posts: 1537653294

View Profile Personal Message (Offline)

Ignore
1537653294
Reply with quote  #2

1537653294
Report to moderator
1537653294
Hero Member
*
Offline Offline

Posts: 1537653294

View Profile Personal Message (Offline)

Ignore
1537653294
Reply with quote  #2

1537653294
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537653294
Hero Member
*
Offline Offline

Posts: 1537653294

View Profile Personal Message (Offline)

Ignore
1537653294
Reply with quote  #2

1537653294
Report to moderator
1537653294
Hero Member
*
Offline Offline

Posts: 1537653294

View Profile Personal Message (Offline)

Ignore
1537653294
Reply with quote  #2

1537653294
Report to moderator
tonywangg
Newbie
*
Offline Offline

Activity: 113
Merit: 0


View Profile
August 25, 2018, 10:38:25 PM
 #2

This ETF is nothing more than a news sound bite.  Mainstream adoption is what matters.  The SEC will eventually approve a ETF for Bitcoin and most likely other cryptos as it allows them to play the market with printed paper.  If you think things are wild now just wait until the bankers get in here full force. 
Lankabc
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
August 25, 2018, 10:43:30 PM
 #3

This ETF is nothing more than a news sound bite.  Mainstream adoption is what matters.  The SEC will eventually approve a ETF for Bitcoin and most likely other cryptos as it allows them to play the market with printed paper.  If you think things are wild now just wait until the bankers get in here full force. 

Hi user, Tonywang, what do you mean by wait until the bankers get in here full force? I think SEC is a part of mainstream?  Am I wrong?
robelneo
Legendary
*
Offline Offline

Activity: 1176
Merit: 1002



View Profile
August 25, 2018, 10:48:49 PM
 #4

The security Exchange Commision that rejected the propose Bitcoin ETF earlier have now agree to review nine Bitcoin exchange traded fund (ETF) according to the constitution of the Commission Rules of Practice ,17 CFR 201,431, the Commission will review the delegated action.
The crypto community is happy again with this movement but the questions is could this movement cause the cryptocurrency to be stable and the bull to run all through out the last quarter of the year 2018 ?

It could have a good impact, this is a new territory for Bitcoin traders, and could make bitcoin very much legal to the eyes of the unbelievers and could be a big milestone for Bitcoin we expect the price to zoom after this approval everyone is looking forward to this big event.

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

[

]

[

]
Phlaser
Newbie
*
Offline Offline

Activity: 266
Merit: 0


View Profile WWW
August 25, 2018, 11:15:18 PM
 #5

This ETF is nothing more than a news sound bite.  Mainstream adoption is what matters.  The SEC will eventually approve a ETF for Bitcoin and most likely other cryptos as it allows them to play the market with printed paper.  If you think things are wild now just wait until the bankers get in here full force. 


No doubt about this happening. After all they've seen and witness the power of Bitcoin presently even when it's yet to hit mainstream. Now imagine when it does, then it's going to be fun all the way. I just believe this whole saga is to drag the price of bitcoin downwards for institutional funds to get bulk of it at cheap rate.
mohammedmattar
Jr. Member
*
Offline Offline

Activity: 154
Merit: 1

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile WWW
August 25, 2018, 11:38:57 PM
 #6

The security Exchange Commision that rejected the propose Bitcoin ETF earlier have now agree to review nine Bitcoin exchange traded fund (ETF) according to the constitution of the Commission Rules of Practice ,17 CFR 201,431, the Commission will review the delegated action.
The crypto community is happy again with this movement but the questions is could this movement cause the cryptocurrency to be stable and the bull to run all through out the last quarter of the year 2018 ?

Despite the importance of these news, I think the exaggerated interest is not good
 Bitcoin the strongest of all these tests
And I think we've got a lower price for Bitcoin at this point
Even if the ETF is rejected, the decline will be average to limited
The approval will raise the price to good levels.

--- WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN www.wppenergy.io
hadveach
Full Member
***
Offline Offline

Activity: 350
Merit: 102



View Profile
August 25, 2018, 11:48:12 PM
 #7

I think, their actions will not change the decision, the SEC will always ban and reject the Bitcoin ETF.

of course, it will affect the crypto market, we know that bitcoin ETF is a collective investment contract, and will be recorded and traded in exchange such as value or bookkeeping in various financial instruments that refer to the ownership portion of a company.

and that will attract a lot of public attention.

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!