Quote from: prokerduit on September 05, 2018, 09:12:41 AM

Quote from: yusupjatigumilar on August 13, 2018, 12:50:32 PM

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

yes I also heard the issue. that is why the agency from America has not accepted or legalized BITCOIN. because if bitcoin is legalized it is likely that gold, silver and copper stocks will fall. but bitcoin will soar very high. and while the most people in Americans have stock in gold that is why BITCOIN has not been legalized

You seem to be heavily misinformed. Bitcoin is quite legal in the States. Exchanges like Poloniex, Bittrex, or Kraken as well as online wallets like Coinbase or Xapo are all US based, and they have no problems with the local laws (maybe just some minor legal issues). And no, being legalized there didn't lead to gold, silver and copper stocks fall. These commodities are where they have always been, more or less. Nothing has changed.

The question here is about declining the application for the creation of Bitcoin derivatives in the form of ETF's and trading these derivatives at relevant markets so that institutional investors could buy them "officially". And this is also rather a minor issue in the long and complicated history of Bitcoin.