>he thinks ETF approval or denial doesn't matter that much
Go to crypto calendar: coinmarketcal.com -- How many events do you see listed each day, on average? Make a note of that. Then go to September 30th---the deadline for ETF approval---and count how many events there are planned for that day, and note that they say "September 30th, or earlier" just like the ETF event says "September 30th, or earlier".
Jow Forums is fucking slow as fuck at 2:30am in the morning, yet this thread got debumped to page 3 already.
thats interesting.. what could it mean
Also i think that roastie image has run its course. Not a good ROI. I'll make the same thread and see if we get a better response.
What are you implying, OP?
30th Sept. just means by the end of the month
Oddly enough I thought the same thing when I saw this thread. That image has been posted way too often.
They all have "September 30th, or earlier" because thats the DEADLINE for the SEC decision---it could happen earlier. ALL of these events totally hinge on ETF being approved or disapproved, and since they say "or earlier" that means they'll magically move these events to an earlier date if ETF gets approved earlier.
A lot of these 9/30 events are software-related upgrades to various crypto.....on the other side, if ETF fails, these cryptos are going to literally CANCEL THE FUCKING UPGRADES. If that doesn't give you chills, it should. They're going to cancel these 9/30 planned upgrades if the ETF gets denied---in other words, they're going to throw any plans to ugprade or imrpvoe their coin down the shitter, and in turn throw their coins and the entire crypto market down the shitter.
Did that explain it for you?
I monitor crypto calendar and many other sites to gauge the market. I haven't seen these many events listed for 1 day since the 2017 bullrun...
Lol no one cares about etf anymore
Nice tinfoil hat cuck
mmmm....dont know....it means that they are going to give the info probably before the 30th....is that all?
HOWEVER---I am optimistic that SEC will approve the CBOE ETF because they too know that their disapproval will kill the entire crypto economy for a while, if not permanently. They're going to give in and approve it, because they do care about US-based blockchain companies and don't want those to all die off due to crypto having a major death spiral.
Have faith in the based SEC. It will be approved, because they love the USA.
thanks for the insight user, this was really usefull.... have a good one !
I don't think so, SEC might see the blockchain competition coming out of china but I doubt theyve been watching closely enough to know much. It's also tough when most of the SEC commissioners are probably just posturing-they probably don't like crypto, and they have ties with the traditional system
Good insight, digits and green ID confirm too
Well, defense of blockchain tech is my reasoning but there's a lot of other reasons they could approve it too-----CBOE being a very reputable group who has had other things approved by SEC, the ETF being fully insured, even insuring crypto lost due to exchanges being hacked, etc.
The SEC has no fucks to give about the "cyrpto economy". Their job is to protect the investment community in the US, and they have consistently said that crypto is too fucking manipulated to allow it into the markets.
They don't have to wait until the 30th to approve it, you know. If they're going to, they have no reason to wait a day at most after approval. When they run out the clock like this, it's usually a sign they're either voting it down, or they asked the people submitting it to withdraw it voluntarily, and are waiting for a response up until the deadline.
But you keep believing every pipedream that gets posted here - it's worked so well for all of you so far, lol. Post another "I have to get a job" despair thread, it's all /biz is good for.
Triggered discord shill detected
Denial is a hell of drug. Seek help.
I'm not denying any "truth" yet, unless you have some inside info about the SEC decision, Mr. Shill :)
nobody gives a shit about you Americans and the ETF
Asia running things. The control the market
this
they sent eth from 30 to 1200
Asians are just ants that create a larger wave but it's still based on what the Anglo and jewish man decides. They can influence the chinks whenever they want
Also, why do you keep posting this? It's probably gonna get denied like every other time
Currently, there are 3 of 5 commissioners that are procrypto. (I)(r) Chariman Jay Clayton, (R) Hester Peirce and newly appointed (R) Elad Roisman. With the recent supsenion of the Swedish ETNs until Sept 20th makes me think they'll be coming to an ultimatum soon on all these pending Crypto ETF/ETN's. The SEC is also re-reviewing some of those "9 ETF's DENIED" from a few days/week ago. The SEC has Repulican majority and even more so when (D) Commisioner Stein is forced to leave office in Dec.
The Chairman will always vote in favor of his inhertant party (republican)
Hester with her dissent obviously supports crypto.
Elad left the SEC in 2016 he joined the Board of Blockchain company Symbiont. Enough said.
Jay Clayton Appointed by a republican, and has favored fostering innovation - "“We at the SEC are committed to promoting capital formation. The technology on which cryptocurrencies and ICOs are based may prove to be disruptive, transformative and efficiency enhancing. I am confident that developments in fintech will help facilitate capital formation and provide promising investment opportunities for institutional and Main Street investors alike. I encourage Main Street investors to be open to these opportunities"
Also, Pic related. Bullrun soon.
Doesn't mean it won't get delayed again.
It will fuck btc. People have to adopt it as a currency. No other way. Shit like ETFs futures only dilutes the buyers pool.
Also 5 figure btc is unusable really because of decimals. Imagine Boomer or African buying coffee for 0.0000001 btc ...or was it 0.00000001 BTC? Solution would be pushing sats as a currency and BTC as a store. Never been happening though.
I agree. It's actually more likely for the approval to come after Stein leaves office, then it truly will be 3 pro crypto - 1 noncrypto vote.
If you look at market dominance attached to it kind of points towards a few more weeks / months before the run, which lines up perfectly with Sept 30th delay / Dec Stein steps down / Feb 19 VanEck final decision. But what do I know.
etf
denied
shaking off the last set of normies
if thats what you think will happen
you dont understand finances
>kys
September 30th is the deadline that the SEC decides whether or not to begin to discuss the possibility of appoving it. Does nobody fucking read anymore? How did literally EVERYBODY miss this, read the fine print
quote it, faggot.
P U F F
elaborate
elaborate
this fud is quality