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Author Topic: SEC Now Seeks Public Opinion On ETF! What Would This Mean?  (Read 131 times)
MOProgress (OP)
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May 15, 2019, 05:02:23 AM
 #1

The U.S. SEC is reported struggling to make its decision on ETF and now seeking the public opinion.

I am ust wondering about this ETF delay and why the SEC have decided to seek public opinion over this long awaiting ETF.

Could this be another delay tactics or a way to say no to ETF.

See the full story: https://www.cryptoinformers.info/news/134-sec-struggles-to-decide-on-etf-seeks-public-comment
rosezionjohn
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May 15, 2019, 05:20:28 AM
 #2

Those guys at SEC are probably at a standoff right now and decided to seek help from both pro-crypto and anti-crypto community.

They'll probably drag this until the end of the year and end up approving.
MOProgress (OP)
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May 15, 2019, 06:32:28 AM
 #3

Those guys at SEC are probably at a standoff right now and decided to seek help from both pro-crypto and anti-crypto community.

They'll probably drag this until the end of the year and end up approving.

Do you really think that the pro-crypto community will win the anti-crypto community in this public opinion? What happens if the anti-crypto community win?
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May 15, 2019, 06:43:53 AM
 #4

Those guys at SEC are probably at a standoff right now and decided to seek help from both pro-crypto and anti-crypto community.

They'll probably drag this until the end of the year and end up approving.

Do you really think that the pro-crypto community will win the anti-crypto community in this public opinion? What happens if the anti-crypto community win?
I don't and I'm not sure when you are trying to create a comparison about how much crypto pros and cons in US. When those people are anti with crypto winning the survey on the public opinion about should SEC approve bitcoin or not. We must say goodbye to the ETF.

Public opinion is a very strong reason that can affect the decision that has created by SEC lately.

Just hope there will be a lot of public will stay in the gray area rather than to be anti crypto supporter.

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Ridwan Fauzi
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May 15, 2019, 06:52:27 AM
 #5

I believe something that following the development of SEC information is very useless IMO. This informstion has came a year ago and till now we never see a solution about it. Indeed, maybe if SEC approved Bitcoin ETF then there will many people who having an interesting to spend money in bitcoin because there is a regulation which can make them comfortable. Until this information will make tge price bitcoin up and I guess this is the first purpose for most users. But just wierd something that can make bitcoin up is not this information only, there are lots of article which can use a hope by us to make its price high. So, let's take simple this information because it will give a bad impact to bull run which has been coming now.
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May 17, 2019, 09:49:41 AM
 #6

Well, it takes time to really make decision that would affect the whole world, they have to be extremely sure that whatever decision they make is being backed by the society so that if anything goes wrong with the approval, they will not be blamed alone for not considering the opinion of the majority of people that are directly involved.

So let’s not get too agitated, one thing I know is time will tell, it is either they say yes to ETF, if they say yes, good for us, and if they say no, I still don’t see much issue with that because with or without the support of SEC, cryptocurrency will still continue to grow.
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