I find it strange that they did not accept the ETF because they could not regulate every bit of it.
How do they regulate all of the gold in the world for the GLD ETF?
they were making a statement like the irs did with guidelines in 2013 10 days before april 15th deadline....they strung the etf along
but they are mainstream banker types...they can't give up control....thus it was a deliberate 'slap down' like China does also...I think they are
shocked the price did not tank to 500 usd...as they and most mainstream finance press expected....
As to price....are we going to have more FUD with BU and block size now...what do folk think the price will be
I'm hoping for 2 months of just frigging boring sideways....a little less drama and btc showing some 'legs' and stability would be nice before the
next moon shot....
anyway be interesting to see what the powers that be (established financial folk) and the main stream press think of this...it would be great if
we sat around 1100 to 1200 or more for the next 3 months..maybe these types would get a clue
i especially like the logic to deny the ETF because BTC is currently unregulated so they can't regulate it....nice catch 22 that...they never expected
to endorse it ..just stringing the etf along for 3 years imho
anyway price of 1200 btc and stable is my bet..others?
(in a fud free world..where would the price of BTC go?)