Bitcoin ETF Denied by SEC
Bitcoin is down 100$ already. Steem/BTC is currently pumping on Poloniex though so there is some good news. Depending on what your opinion of the ETF was this is either the best or worst news in Bitcoin's history. Does this spell certain doom for the other Bitcoin ETF's on desks at the SEC?
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Now China or some other foreign country will create an ETF for bitcoin. It's just a matter of time.
Bitcoin is a completely decentralized protocol. No ETF or no central authority can really have that much impact on the Crypto sphere. Now is a great time to buy before bitcoin recovers from the little crash. A word to the wise...........
Bitcoin is at $1087.80 and it's dropping fast. Now, will be the actual time to start buying. Since DASH was mostly trading with BTC, it's likely to fall as well.
I strongly agree with you
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