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RE: The clock has started on another Bitcoin ETF

in #bitcoin • 6 years ago

Actually, it's what they have done with every other bitcoin ETF application for the past 3 years.

I don't even care anymore about ETFs... they will keep delaying and delaying and rejecting until the price is so low so low that investors and bankers can buy in, only then will they approve an ETF... Even if it gets approved it's not a guarantee of a bull market, it helps but it's not a 100% catalyst...

6 years ago in #bitcoin by
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     6 years ago 

    I think it will be a catalyst for sure. Will it make the price go up 10x immediately? Probably not. I think over time it will allow a ton of big money to enter the space which will ultimately help push prices up.