Quote from: BrewMaster on October 03, 2018, 02:27:44 PM

Quote from: zazarb on October 03, 2018, 01:53:47 PM

Quote from: CryptoHaris on September 27, 2018, 12:46:11 PM

Keeping in mind the SECs verdict due in a couple of days, I really wish to understand how Bitcoin Futures stand to assuage any negative impact from the SECs decision.

Quoted from the article-

Quote

The physical crypto futures is designed to attract investment from institutional investors, who have so far stayed away from the market. Bakkt, notwithstanding, promises a regulated ecosystem where investors can invest in cryptocurrency product.

Reference Article- https://blockonomi.com/bakkt-bitcoin-futures/[/size]

SEC verdict should already have been posted at September 30th, because this date was deadline, but now SEC already delayed that decision, possibly until sometime in February, so I think the longer the term will be extended, the less it will be affected. And even now I think that if the verdict is negative, the price will still not fall below 5800$.

certain people are still trying to convince the crowds that the SEC decision is going to be positive. i recently read some news about some letter to SEC about bitcoin, blah blah. but in the end this is exactly like all the previous times. they hype it up and SEC keeps delaying it until they finally reject this ETF too.
but i think the effects stopped being noticeable a while ago. people are also catching up to the nonsense. it is like the old "China banned bitcoin" news at this point.

Very well said.