Here's what's going to happen

If ETF approved, everything in crypto moons
If ETF rejected, alts will moon and BTC dominance will plummet

>If ETF rejected, alts will moon and BTC dominance will plummet
why? I think alts will continue to plummet personally

Always opposite of the market, touche.

yeah the cboe will probably get approved but not before they take every available chance to delay it that they legally can.

up is up.

Priced in.

If it's not approved we get a huge crash. If it's approved we still get a small dump at least.

Priced in.

Gotta love red tape.

If VanEck is rejected BTC is over for institutions. VanEck is easy-mode. Insured, share prices anchored to 25 BTCs at OTC pricing. It is only really usable by large funds and wealthier accredited investors. There is zero risk of mom and pop losing their pennies trading this instrument. If it doesn't happen here, it's not happening short of actual legislative and regulatory changes.

It's either mooning like crazy until the liquidity is such that retail-priced ETFs show up and allow a cash out, or it's fucking dead. Not for a few years. It is going to be swirling around mediocrity indefinitely. This will not be a down syndrome "buy duh woomah sell duh nooos" event.

At worst it will get delayed and be allowed to go through at the last minute. The retail-accessible ETFs will be shot down for a year though. So that ma and pa can sit on the sidelines and be enraged that they can't buy BTC while they watch institutions and pension funds pump it. This will be a year long version of the October/December hype before hilarity ensues.

it will 100 % be rejected, they will never give cred to this pirate currency, this will be the easiest $$ youve ever made shorting

Im sure whales arent gonna just wait around for BTC to moon, if its delayed or cancelled its alt-season.

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>if its delayed or cancelled its alt-season.
why?

People are dumping their BTC for ETH and altcoins, because they don't anticipate BTC pumps anymore.
ETH is enormously undervalued right now in terms of it's satoshi price and below 470$ is still kind of a bargain.
I'm happily accumulating right now on the daily dips.

>>being this dumb
implying blockchain tech and crypto doesn't offer more than a way to "anonymously" move currency. How many fucking million/billionaires/early investors of tech company's you didn't even know existed have said this tech is a game changer.

they wouldn't approve a winklevoss ETF before a cboe. This denial does not mean the cboe etf will also be denied

i'm skeptical

>At worst it will get delayed and be allowed to go through at the last minute. The retail-accessible ETFs will be shot down for a year though. So that ma and pa can sit on the sidelines and be enraged that they can't buy BTC while they watch institutions and pension funds pump it. This will be a year long version of the October/December hype before hilarity ensues
this user gets it. i cannot fucking wait. the next 5 years are going to be fun

>he thinks they think it's a threat
kek

>This will be a year long version of the October/December hype before hilarity ensues.
Strikes me as delusional thinking tbqh

youtube.com/watch?v=Wtzw-ydLKXk&t=492s

always do the opposite of what reluctant kneepad girl says. Time to buy alts faggots

So you believe that the cboe etf will be approved and then what, BTC will just run up and break previous highs? If it dumps, alts are going to dump, and if it runs, all but a select few alts are going to dump IMO

you do realize that if btc hits 50-60k, thats equiv to entire gold daily trading vol. not saying it won't, but gold's been around for thousands of years and governments buy/sell it so for btc to hit that and hold is unlikely.

Is there a 24-hour international gold market?

I see no reason to bet on this until the actual news. Tether or fiat and then either join the rally or take advantage of the dump.

>you do realize that if gold hits 50-60k, thats equiv to entire salt daily trading vol. not saying it won't, but salt's been around for thousands of years and governments buy/sell it so for gold to hit that and hold is unlikely.

well... anything can happen. From what i've seen btc and top alts run together, then money leaks into lower caps and it's alt season while btc consolidates. as long as theres a bull market, which we may just be on the edge of right now.

>which we may just be on the edge of right now
looks like we have one more big dump to go, I expect 3-5.5k

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I mean... I can see the trend line we ran along all the way through 2016, and I can see it touching the same line again, but why does it have to go now? ... here's my speculation, btc 100k by 2020, and back to 20k touching the line in the same year.

based on?

so bored waiting to get rich, just sitting around eating tendies and playing runescape

as soon as i make it im going to buy some 10/10 virgin qt from eastern europe

>enormously undervalued right now
>below 470$ is still kind of a bargain

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It's just my feeling. Stocks don't have much more room to rise, as soon as that shit starts to plummet the money will come in to crypto. And we have this possible etf. I read somewhere that the CBOE has never had an etf denied. It's just what makes sense to me. But if we did dump to 3 or 4k or whatever, i wouldn't be too surprised and will just carry out my accumulation as normal. Anything is possible.

>he didnt do his research and thinks he found a reason to blame for why he will inevitably not make it

>It's just my feeling. Stocks don't have much more room to rise, as soon as that shit starts to plummet the money will come in to crypto
marketwatch.com/story/investors-pull-30-billion-out-of-stocks-in-2nd-largest-weekly-outflow-on-record-baml-2018-06-29
marketwatch.com/story/facebook-stock-crushed-after-revenue-user-growth-miss-2018-07-25
marketwatch.com/story/netflixs-stock-logs-worst-daily-drop-in-nearly-2-years-2018-06-25
marketwatch.com/story/twitter-user-numbers-slip-as-it-purges-fake-accounts-2018-07-27-7103732
big money is exiting the market ans has been since january. this is just the most recent info.

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think they're going into crypto? i don't

good luck on your bet

Yep. Stocks will go bear for atleast a year now imo.

I have most of my money in crypto, so I hope I'm wrong.

just in time for an ETF. curious timing.

lmfao yeah theyre just going to keep their profits in their savings accounts a round of applause for this idiot for embarrassing himself

Well, if I was them I would. Doesn't it make sense that at least some of the big players will, and then naturally others will follow

i hope you are too, fren

>lmfao yeah theyre just going to keep their profits in their savings accounts a round of applause for this idiot for embarrassing himself
why wouldn't they? you really think they're gonna jump on something that has dumped 50% in months? normies don't think that way

>normies = instituional investors
come on bro

It's the fucking CBOE, man. There's a reason to be hyped. ETF's allow real institutional money to more easily come in. Go look at Gold charts when the ETF was introduced.

Yes oh omnipresent authority figure

Never get into investing brainlet you are the people we make money off of.

>Yes oh omnipresent authority figure
>77

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No mostly they'll fomo in like retards at 20k instead. And anyway if some of these normies are smart enough to pull there money from stocks now, or even a few weeks ago, they're smart enough to go into crypto at a low such as this. Big money is surly smart enough to be buying now aswell. All said and done crypto is not going away, we are quite literally at the beginning on a financial revolution here.

well I have a six-figure crypto portfolio and I'm doing okay so far. That doesn't mean I shouldn't be skeptical, claiming that there's an inverse correlation between stocks and crypto is a strong claim that requires some proof, empirical data

>normies dont think that way
you just owned yourself dont ever reply back to me again im embarrassed for you

>im embarrassed for you
then help me out instead of insulting me and give me your advice along with some solid rationale

are you a woman? you sure bitch like one!

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:((((

niggers

if anything there am obvious positive correlation

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i concur

guess this is the effects of letting women invest into crypto. time to sell and keep all my money into a savings account to accrue 1% anum

>marketwatch.com/story/twitter-user-numbers-slip-as-it-purges-fake-accounts-2018-07-27-7103732
Wow, these are some good links. Dot com smart money is moving to Crypto :)

not sure if larping or just brainlet

0.25 BTC/ETH will never happen again.
Screencap this, user.

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can you refute the graph with actual logic? all you're doing is posting insults and nonsense

that never happened

i don't need to address the chart to know you're a samefagging brainlet

post an argument any time...

>insults
where do you think you are?
>nonsense
sure, friend. see

can you address

i don't disagree with the chart, hence i don't need to address it. how is this hard to understand?

wut

then what is your point? are you just flinging shit to waste everyone's time?

kek

what's your assessment on alts?

>wasting time
>on Jow Forums
i am wasting time trying explain to a brainlet why him being a shitty samefag makes him one

you seem like you're just here to post schizophrenic word salad desu

the loose correlation is the dollars valuation against literally everything. dollar goes up everything goes down. funny that.

fucking newfags
double dubs checked

retard

>retard
>namefags as reluctant kneepad girl
>not a girl
wew lad

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It's so easy! Crypto is 100% choreographed. We're all rich, lads.

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OF COURSE it will be delayed... nobody actually believes it will be approved right away.

We need to wait until 1Q 2019 before it gets approved. Everybody educated enough knows that.

checked

If ETF is approved won’t it just allow the price to be minipulated down, like gold and silver and every asset that has an ETF?

People moved a lot of their alts into BTC because it had better gains for a little while. If ETF is delayed then people are likely to move back into alts, causing them to rise.

are you dumb? That's not correlation at all. They both went up and down, the only fact here is that corrections tend to have the same structure, other than that...bitcoin went parabolic and dumped, all while the SPX was still trending up.

futures already have that effect

Honestly if it delays I don't see us dumping. Everyone pretty much believes ETF (the CBOE ETF specifically) will become a reality sometime in the next 6 months and having it delayed doesn't change that reality. It'll just mean 6 more months of sideways between 7-8k while alts suffer in no-volume purgatory.

Seriously, watching the alt charts on Binance these days is like watching fingernails grow, so fucking slow and anemic.

>That's not correlation at all
do you know what a correlation is...?

it being delayed is already priced in