Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 14/07/2018, 16:33:00 UTC
So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!

Plus it is not clear whether this time the application will be finally approved!

What do you think?

None of the previous attempts were successful so why would this one be any different?

I don’t forsee it gaining approval, no.
I do hope I’m wrong though because if it was approved I think the price would pump significantly.

It has a chance of approval because it is positioned as 'NOT for plebs' ETF and we all know that SEC only cares about that crowd.
Even with $6000 btc, each share in this ETF will cost $150,000.