2) the winklevoss ETF fund is just too much of a risk for me to try hold bitcoin through. if this thing gets denied, bitcoin will flash crash. That winklevoss ETF is the pie in the sky everyone is hoping for so they can dump their coins onto the general public. If it doesn't get approved, a lot of people will dump anyways. The fact that since mtgox there are just more and more bitcoin scams is not good for the pending ETF approval in my opinion.