Quote from: cpfreeplz on May 03, 2017, 01:50:03 AM

Quote from: Duzter on May 03, 2017, 01:39:07 AM

Quote from: thebatletbet on May 02, 2017, 11:48:08 PM

Quote from: eight888 on April 27, 2017, 01:34:35 AM

Bitcoin is getting reconsidered once again do you think its going to get approved or denied? Approval does it mean BTC rockets up ? Denial does it mean it takes a dump like in March? May 15th is the last day of approval.

i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump

There won't be a big dump in the price. In the past Etf approval several things has been quoted which can't be fulfilled in two months time. And as above mate mentioned big investors might try to play causing a dump and make use of it. But this time dump won't happen, because last time a big dump was expected which has been outlawed.

There will most likely be a flash crash of 10 or 20% but that's the price fluctuation you can expect from bitcoins on any given day so whoop dee doo. I highly doubt it's going to get approved, but if it does we are going to explode through the moon and head into the sun.

I've heard some people say it could negatively affect the price. Is that possible?

If it does take off, how far can it go? Can bitcoin be really expensive and be useful still? I mean I suppose it is already you don't necessarily need to have 1 whole bitcoin to use it I suppose the value is what you get no matter what price it is.