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Re: Why Bitcoin Will Hit New Highs - ETF Date August 10th
by
rickadone
on 15/09/2018, 17:45:07 UTC
Whether ETF is accepted by SEC or not, this only contributes to Bitcoin reforms that are not related to rising or falling prices. We need to understand that Bitcoin always develops in a new way.
Bitcoin and the whole cryptocurrency space has even been developing long before we started hearing news of future contracts which eventually became a reality, and then we are now on the ETF path, which I am pretty sure a whole lot of this development is only going to lead to some form of regulation in the long run. I am not against regulation, but the attention on the ETF thing is too much. This was the same kind of attention that was given to CBOE futures which is for what reason at the end of the day.

Looks like the 10th August date did not provide the highs we were looking for Sad
Everyone looked for the exit door instead it seems.... dang it Sad
Maybe you missed the news, It was postponed. That is not even the case now. The truth is it is not really a big deal as some people are really putting it. This market will still mature in its own time, things will develop further and we will get to see a better space without the ETF which the whole ETF is just a whole lot of distraction and the whole fuss around is, even makes it unappealing by the day.