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-   -   Bitcoin spot ETF approval & SEC incompetence (https://gfy.com/showthread.php?t=1371876)

jscott 01-10-2024 06:08 AM

Bitcoin spot ETF approval & SEC incompetence
 
SEC posted on Twitter today that the Bitcoin ETF is approved:

https://pbs.twimg.com/media/GDb9fi1W...jpg&name=small

And 20minutes later:

https://pbs.twimg.com/media/GDb9fisX...jpg&name=small

But Bloomberg Senior ETF analyst believes Bitcoin ETF will be approved today.

Gary Gensler and SEC are an example of yet another incompetent government agency. :disgust

adultinnovation 01-10-2024 12:54 PM

https://i.postimg.cc/Vk2bdSbS/F-4-Bx-Ix-Ww-AAITRV.jpg

CAHEK 01-10-2024 03:21 PM

Bitcoin hype gold rush. I wouldn’t even touch it now.

Sell high, buy low. My advice.

$5 submissions 01-10-2024 07:16 PM

The BTC rocket ship is about to enter a whole new level

Time to DOUBLE DOWN on BTC purchases and if it dips, go hard on DCA

Related: Shitcoin rocket jockeys, strap on your belts for the next wild ride up

jscott 01-10-2024 08:28 PM

Quote:

Originally Posted by CAHEK (Post 23218959)
Bitcoin hype gold rush. I wouldn’t even touch it now.
Sell high, buy low. My advice.

Trading is stressful and most of the time average "investors/players" get rekt.

Best advice anyone could ever listen to is to: Buy Bitcoin and hold in cold storage for savings, for long term.

Cahek, how long have you been anti-Bitcoin now, telling people not to buy for how long, 10-15 years? :upsidedow
Lets just hope everyone does their own research and never listened to you! LOL

jscott 01-10-2024 09:06 PM

Quote:

Democrat's Caroline Crenshaw & Jaime Lizárrage were the only two SEC commissioners to vote against spot #Bitcoin ETF approval.
Leave it to the Dems to try keeping their citizens chained down and forced into their corrupt scammy fiat system. Lizarrage was a Pelosi aide for a decade.

feetpics 01-10-2024 11:38 PM

I absolutely love cryptocurrency

jscott 01-12-2024 01:43 AM

Another dirty & corrupt politician (Elizabeth Warren, (D) Massachusetts) lying about Bitcoin & the ETF:

https://twitter.com/SenWarren/status...61648218112249

Quote:

The
@SECgov
is wrong on the law and wrong on the policy with respect to the Bitcoin ETF decision.

If the SEC is going to let crypto burrow even deeper into our financial system, then it's more urgent than ever that crypto follow basic anti-money laundering rules.
and CommunityNotes:

Quote:

The American court decided approving Bitcoin ETF is lawful.

The DC Circuit Court of Appeals overturned the SEC’s rejection of Grayscale’s bid to convert its trust into an exchange-traded fund.

https://www.bnnbloomberg.ca/sec-won-...-etf-1.1984512
:error :error

CAHEK 01-12-2024 08:27 PM

Quote:

Originally Posted by jscott (Post 23219042)
Trading is stressful and most of the time average "investors/players" get rekt.

Best advice anyone could ever listen to is to: Buy Bitcoin and hold in cold storage for savings, for long term.

Cahek, how long have you been anti-Bitcoin now, telling people not to buy for how long, 10-15 years? :upsidedow
Lets just hope everyone does their own research and never listened to you! LOL

BTC ETF was "Sell the News"

How many new fools rushed into this hype ?

Yea everyone saying bitcoin will go to $100k, everyone will dump at $70k before even gets to 100k lol

jscott 01-12-2024 11:09 PM

Quote:

Originally Posted by CAHEK (Post 23219826)
BTC ETF was "Sell the News"
How many new fools rushed into this hype ?
Yea everyone saying bitcoin will go to $100k, everyone will dump at $70k before even gets to 100k lol

Hindsight is 20/20 :1orglaugh

Worthy note:

Bitcoin yearly lows:

2012 - $4
2013 - $65
2014 - $200 <- CAHEK you've been saying don't touch BTC since here?
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $40,380 (so far)

see the trend? ETF's were never needed to increase the BTC value since gov & central banks devalue all fiat currencies. :winkwink:

CAHEK 01-13-2024 11:42 AM

Quote:

Originally Posted by jscott (Post 23219849)
Hindsight is 20/20 :1orglaugh

Worthy note:

Bitcoin yearly lows:

2012 - $4
2013 - $65
2014 - $200 <- CAHEK you've been saying don't touch BTC since here?
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $40,380 (so far)

see the trend? ETF's were never needed to increase the BTC value since gov & central banks devalue all fiat currencies. :winkwink:


sandman! 01-13-2024 03:50 PM

:thumbsup:thumbsup:thumbsup


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