Are the gonna let them do it??
http://www.standard.net/Business/2017/03/02/Winklevoss-Twins-Await-Imminent-SEC-Decision-on-Bitcoin-ETF
If it gets approved buy as much bitcoin as you can as soon as possible because the price will go crazy as soon as its announced.
>>1830103
Yes, but how likely is it to get approved?
>>1830108
Nobody knows,it seems unlikley but im not willing to bet on it so im not buying any more until i know the outcome,the second i find out its approved il go balls deep,if it isnt approved i guess the price might tank and i can buy some cheap bitcoins.
>>1830116
That's my plan too, not much chance it'll get approve i think but I get my money ready just in case. If it doesn't get approved its gonna rank pretty hard and it'll be time to buy the dip or maybe it'll be a fully erect correction even.
Is it likely that bitcoins dip when it's declined?
>>1830108
not bloody likely
>>1830627
Probably but not by much. By $100 maybe.
If it gets rejected everyone will pull out due to lack of trust and the price will crate.
If it gets accepted I, and everyone else in the markets, will now have an easy (and secure) vehicle to short the ever loving shit out of bitcoin, which will tank its price.
There is no win here for buttcoin or its holders. No matter what they lose, I'm honestly thinking the ETF gets approved just so the jews can short it.
>>1830689
I might sell either way, haven't decided.
>>1830689
That's not how shorting an ETF works
I can't fucking wait to trade options on Bitcoin.