Bitcoin ETF decision “pushed” to February 2019 —- hmmm

in #esteem6 years ago

Source: https://cointelegraph.com/news/sec-delays-decision-on-bitcoin-etf-sets-deadline-for-late-february

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We read the information now in the press that the ETF decion for the Van Eck Bitcoin ETF Fund will be delayed until February 2019.

What does this mean?

It means patience.

It means “THEY are not ready”.

It means expects incredibly crazy price swings as they try to shake people off of crypto like a “dog with fleas”.

It doesn’t mean “denied”.

It doesn’t mean that Fidelity, NASDAQ crypto exchange, major investors are all “silly crazy investors”.

It means what it means — they need more time and the price is low for them and others to buy.

As you can see....this was expected by many.

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looks like the sale period has been extended

I think for a few months.

Money flowing out of cryptos like a raging river. Mattresses must be getting lumpy.

Watch what happens. Enjoy the show.

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