Post
Topic
Board Trading Discussion
Re: consensus invest(Price Action?)
by
wuvdoll
on 01/12/2018, 08:24:14 UTC
Today has a very importante event, Bakkt and SEC bosses will talk, we will know what the Jay Clayton chairman of SEC thinks about crypto, if it is possitive we may see a price action today, link to watch live , https://www.coindesk.com/events/consensus-invest-2018/live
Nasdaq plus Nyse plus Bakkt all will have a bitcoin ETF that they will be working together.

January will be the month that we see bitcoin getting more investors from outside world. Normally we should not be really excited for something like ETF because that is not money directly going into bitcoin but more like betting on bitcoin price however we have been going through one of the worst bear markets ever in bitcoin history (only rivaled by the famous 2014 one) and anything that helps shine a good light on bitcoin will be really accepted as a whole during this time.

If I was asked about the same question a year ago I would say lets not get any ETF soon but when asked now I am welcoming ETF as something we have been really needing. Hence I think it is great that all three of them are opening their investment options to bitcoin.