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Author Topic: Error or scam with Bitcoin ETF news?  (Read 267 times)
Kakmakr
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October 23, 2023, 05:55:30 AM
 #21

I think I have read somewhere that Cointelegraph investigated this and they found out that there were some Intern working there, that posted the unverified information. I think some Intern are made the scapegoat for this, because they will never admit that it was someone from their editorial staff that posted this.

In any way, mistakes were made and they were left red-faced and hopefully an incident like this will prevent something like this from happening again.  Roll Eyes

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zasad@ (OP)
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October 28, 2023, 01:27:54 PM
 #22

https://www.coindesk.com/policy/2023/10/25/secs-gensler-wont-say-whats-next-with-bitcoin-etfs-after-grayscale-loss/
"U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler declined to outline any of the agency’s plans for spot bitcoin exchange-traded funds (ETFs) on Wednesday, though his agency must now decide how to proceed after the courts demanded it erase its objection to Grayscale Investments’ application.
“Those are things that are in front of staff,” he said in response to questions from CoinDesk at a Securities Enforcement Forum event in Washington. He said he would “let that play out” and not pre-judge the situation before SEC staff makes recommendations to the five-member commission."

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bbc.reporter
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October 29, 2023, 02:27:22 AM
 #23

@zasad@. Uncle Gary declines to outline their roadmap for approval, however, we can be quite certain that because of political connections and maybe bribery, Blackrock's ETF application will be approved first on iShares' final scheduled deadline on March 15, 2024. This is 2 months before the halving and this will be very good timing to begin the institutional pump to the new all time bitcoin high on 2025 or 2026.


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zasad@ (OP)
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October 29, 2023, 08:58:18 AM
 #24

@zasad@. Uncle Gary declines to outline their roadmap for approval, however, we can be quite certain that because of political connections and maybe bribery, Blackrock's ETF application will be approved first on iShares' final scheduled deadline on March 15, 2024. This is 2 months before the halving and this will be very good timing to begin the institutional pump to the new all time bitcoin high on 2025 or 2026.


Bribery is in third world countries, but in America it is lobbying for interests Grin
I always try to think not like the crowd. If the spot ETF is approved in the next 2-3 months, then the price of Bitcoin may rise. I will sell my bitcoins. In this scenario, I will see a manipulation that they want to feed the hamsters with bitcoins, and then there will be a dump in the price of bitcoin and a transfer of liquidity into altcoins.
But if the spot ETF is approved close to the halving, then my scenario is wrong.

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Kemarit
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October 29, 2023, 09:25:20 AM
 #25

@zasad@. Uncle Gary declines to outline their roadmap for approval, however, we can be quite certain that because of political connections and maybe bribery, Blackrock's ETF application will be approved first on iShares' final scheduled deadline on March 15, 2024. This is 2 months before the halving and this will be very good timing to begin the institutional pump to the new all time bitcoin high on 2025 or 2026.



I wouldn't say it's bribery though, but when this big companies like BlackRock with trillions of dollars behind it, it's hard to deny that they have huge influence not just in the financial sector of the US, but in every facets of society.

And for sure Uncle Gary has been feeling the pressures already, going to Congress and facing a backlash and now huge companies knocking on his door to get this Spot Bitcoin ETF approval.

And for this reason that we all have been speculating that a imminent approval could happen, and it's just a matter of time. Might be better if it will coincide with the halving as it will be the news that will fuel the price of Bitcoin to reach $100,000 minimum in the next bull run.

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coolcoinz
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October 29, 2023, 08:43:59 PM
 #26

It's like with everything in the Internet.
People want freedom of information, no censorship, but they demand action when they fall for fake news and scams.

You should all learn to filter information and to think before you act on them.
Bitcoin allows you to send money anywhere almost instantly, without any censorship or restrictions.
You want to finance a sect, you can. You want to pay a prostitute, you can. You want to help a terrorist organization, you can.
There's a catch though. All transactions are irreversible.

Someone tells you they're your grandpa George who lost his money and is stuck on vacation in Africa and you believe him and send him some bitcoin, you're a sucker. No returns!
Someone tells you to buy their shitcoin and you turn your bitcoin into Luna or some other worthless crap, you're a sucker.

That said, people who bought bitcoin when they heard that fake news did well, unless they had a levered short at 31k Wink

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October 30, 2023, 03:10:26 AM
 #27

@zasad@. Uncle Gary declines to outline their roadmap for approval, however, we can be quite certain that because of political connections and maybe bribery, Blackrock's ETF application will be approved first on iShares' final scheduled deadline on March 15, 2024. This is 2 months before the halving and this will be very good timing to begin the institutional pump to the new all time bitcoin high on 2025 or 2026.


Bribery is in third world countries, but in America it is lobbying for interests Grin
I always try to think not like the crowd. If the spot ETF is approved in the next 2-3 months, then the price of Bitcoin may rise. I will sell my bitcoins. In this scenario, I will see a manipulation that they want to feed the hamsters with bitcoins, and then there will be a dump in the price of bitcoin and a transfer of liquidity into altcoins.
But if the spot ETF is approved close to the halving, then my scenario is wrong.

Bribery will take different forms, however, corruption will always stay in politics. How do you think the corporate interests get what they want if lobbying does not work? How do they pressure politicians and bureaucrats to do their bidding? Why do you also think there are powerful people who have politicians and judges in their pockets like nickles and dimes?

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zasad@ (OP)
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November 01, 2023, 05:34:23 PM
 #28

@zasad@. Uncle Gary declines to outline their roadmap for approval, however, we can be quite certain that because of political connections and maybe bribery, Blackrock's ETF application will be approved first on iShares' final scheduled deadline on March 15, 2024. This is 2 months before the halving and this will be very good timing to begin the institutional pump to the new all time bitcoin high on 2025 or 2026.


Bribery is in third world countries, but in America it is lobbying for interests Grin
I always try to think not like the crowd. If the spot ETF is approved in the next 2-3 months, then the price of Bitcoin may rise. I will sell my bitcoins. In this scenario, I will see a manipulation that they want to feed the hamsters with bitcoins, and then there will be a dump in the price of bitcoin and a transfer of liquidity into altcoins.
But if the spot ETF is approved close to the halving, then my scenario is wrong.

Bribery will take different forms, however, corruption will always stay in politics. How do you think the corporate interests get what they want if lobbying does not work? How do they pressure politicians and bureaucrats to do their bidding? Why do you also think there are powerful people who have politicians and judges in their pockets like nickles and dimes?
I agree that bribery has always existed in politics, but we also know from history how it ended for these countries. When a country's policies are absurd and begin to work against the interests of its country and its people, this will lead to great conflicts within the country.

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