Wolverine Posted March 10, 2017 Author Posted March 10, 2017 22 minutes ago, Eend said: around the same course as ely Do you have a reason for this? or facts, or just a guess?
Tj2907 Posted March 10, 2017 Posted March 10, 2017 I just bought 150 in BTC because I'm broke as shit
roklobster315 Posted March 10, 2017 Posted March 10, 2017 4 hours ago, Wolverine said: If what is approved? Sorry I don't have all the facts. Please educate me! The Bitcoin ETF, the sec has a deadline of march 11 (tomorrow) to approve it.
Stimpack Posted March 10, 2017 Posted March 10, 2017 (edited) Looks like the Winkelvoss ETF was disapproved around 9PM GMT. https://www.sec.gov/rules/sro/batsbzx/2017/34-80206.pdf BTC tanked ~300 USD, now slowly recovering. Edited March 10, 2017 by Stimpack
Wolverine Posted March 10, 2017 Author Posted March 10, 2017 24 minutes ago, Stimpack said: Looks like the Winkelvoss ETF was disapproved around 9PM GMT. https://www.sec.gov/rules/sro/batsbzx/2017/34-80206.pdf BTC tanked ~300 USD, now slowly recovering. So basically it can't be backed by the government cause it isn't transparent, and doesn't show every transaction that's occuring and the purpose of that transaction if I understood that correctly. Correct me if I'm wrong, and thanks a bunch for sharing this
Stimpack Posted March 10, 2017 Posted March 10, 2017 4 minutes ago, Wolverine said: So basically it can't be backed by the government cause it isn't transparent, and doesn't show every transaction that's occuring and the purpose of that transaction if I understood that correctly. Correct me if I'm wrong, and thanks a bunch for sharing this Not-so-personal-opinion: disapproved because banks and government don't want this new kid on their block 1
Tj2907 Posted March 10, 2017 Posted March 10, 2017 Do you guys think BTC will regain it's original value? I ain't trying to lose money.
Wolverine Posted March 10, 2017 Author Posted March 10, 2017 6 minutes ago, Tj2907 said: Do you guys think BTC will regain it's original value? I ain't trying to lose money. Yea I'm sure it will, When it crashed I just sold all the gold I just bought and it went back up. It's worked without government backing so far, there's no reason it should fail now. Have faith my friend
Tj2907 Posted March 10, 2017 Posted March 10, 2017 8 minutes ago, Wolverine said: Yea I'm sure it will, When it crashed I just sold all the gold I just bought and it went back up. It's worked without government backing so far, there's no reason it should fail now. Have faith my friend Alright man I guess I'll trust you. I lost like 30 dollars already but it seemed to be going back up. Do you think I should pull out at like a certain point or try to ride the wave?
DrDu Posted March 11, 2017 Posted March 11, 2017 10 hours ago, Wolverine said: Reason? It will only appreciate, cause its being accepted by more and more retailers and is becoming the pioneer of digital currency. I don't see how it could fail. Could you back up this prediction with a reason? eventually someone will crack the algorithm ..
Wolverine Posted March 11, 2017 Author Posted March 11, 2017 7 hours ago, DrDu said: eventually someone will crack the algorithm .. I highly doubt that.
