Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Hueristic
on 10/10/2019, 04:52:03 UTC

Thanks for the repost of that, I think I'll not be catching up anytime soon. Smiley



Haha, i like this one. Smiley


ETF decision (drum roll) REJECT rule change     Cry   https://www.sec.gov/rules/sro/nysearca.htm

So, basically, 95% of the Bitcoin market is fake volume and/or unregulated and therefore it is not possible to monitor the market for manipulation. Also, that 95% can't be separated from the real 5% in a reliable way that prevents the fake/unregulated/manipulated exchanges from affecting the price of the real exchanges and therefore, the ETF is denied.  

Based on that, i don't see how it will ever be approved.

As soon as Goldmann Ballsacks decides to file for ETF it will be approved.