Bitcoin ETF is almost here!!!
- Thread starter Mr Positive
- Start date
- Aug 1, 2022
- 2,484
- 415
"
All the ETFs are spot ETFs, which means they are obligated to buy and hold actual Bitcoin that exactly corresponds in value to the shares they issue when they issue them.
They had originally filed for two ways customers could buy or sell ETF shares - cash and in-kind. The latter means instead of buying the shares with dollars you could exchange Bitcoin for ETF shares, and also when you want to sell shares you could receive either dollars or Bitcoin. But they got denied for in kind and had to amend the documents to say only dollars can be used when customers want to buy and sell ETF shares."
eXonyte
BANNED
- Oct 15, 2013
- 999
- 371
We already at 48k today.
- Jun 15, 2019
- 8,865
- 4,413
Just sold the profit for today at high point and the luck was it went down after that.
- Aug 1, 2022
- 2,484
- 415
Might be too soon mate, personally I think best point to sell will be right before market open or close on Wednesday
- Jun 15, 2019
- 8,865
- 4,413
I still have my base amount there which I invested when it was 20k$
Only Cashed out the profit that was too of today's only. BTC at 20k$ was a steal, hope everyone invested.
- Aug 1, 2022
- 2,484
- 415
Congratulations!I still have my base amount there which I invested when it was 20k$
skaz97
Failed to resolve a dispute resolution thread.
- Aug 10, 2023
- 274
- 81
I'm really passionate about the crypto world and what it really means.
Regardless of whether it is a way to profit and make money, the main fundamentals of the crypto world, is what I am really passionate about.
Freedom, anonymous and with the ease that you can carry out a transaction, is the incredible!
A payment of 1,000,000 dollars, it can cost you 40 cents, it's ridiculous
The ETF will obviously be very controlled, but thanks to this step, crypto adoption will be massive and we will see many businesses accept these payments and an amazing increase in the value of these cryptocurrencies.
Regardless of whether it is a way to profit and make money, the main fundamentals of the crypto world, is what I am really passionate about.
Freedom, anonymous and with the ease that you can carry out a transaction, is the incredible!
A payment of 1,000,000 dollars, it can cost you 40 cents, it's ridiculous
The ETF will obviously be very controlled, but thanks to this step, crypto adoption will be massive and we will see many businesses accept these payments and an amazing increase in the value of these cryptocurrencies.
MoonStarz
Elite Member
- Aug 7, 2021
- 4,149
- 2,236
I'm optimistic but 100k is too much I feel something more like 65k or 75k being realistic and with any problem that might happen kind of getting ready for all bad things but to being honest 100k is not bad and will be really good if that happens I really want it to happen.
- Dec 31, 2017
- 3,515
- 2,685
You are disappointing me mate!
You have “moon” written on your username, u cant be realistic lol
BTC to the moon
WakeMeUpSept
BANNED
- Oct 7, 2022
- 136
- 52
$100k this year is an absolute way to think positive!
- Mar 21, 2013
- 24,764
- 31,552
Just posted about this and I hadn't seen this yet. So what's the consensus, is it going to 100k? Which raises a question. If everyone knows this event is going to happen, and everyone agrees it is going to push prices higher, then why would it push prices higher if everyone already is prepared?
Adseals
Registered Member
- Dec 19, 2023
- 81
- 24
Good strategy
There will be dip anyway
skaz97
Failed to resolve a dispute resolution thread.
- Aug 10, 2023
- 274
- 81
All people who really know about investment and who above all have monetary power, like whales, wait for such an event to take effect and do not trust the rumor. Because a market also as volatile as that of cryptocurrencies, can take an unpredictable turn and go all to the drain, and with it, the price.
Many people say that of: "buy the rumor, sell the news."
Very good yes, but it is true that the people who move the market, who are the big whales, do not act like that, they only trust the effective and not the rumor.
I think I've explained myself well XD
CheekyDon
Junior Member
- Nov 21, 2023
- 116
- 35
I just keep in mind that the level 27000 - 32000 is still to come
even if we hit 57k we will eventually go there first
seojen
Supreme Member
- Dec 2, 2018
- 1,271
- 531
You said it right,let's pray for it to happen.
- Aug 1, 2022
- 2,484
- 415
Based on? We have been in bear market for over 2 years
Adshares_Network
Junior Member
- Nov 14, 2023
- 105
- 20
- Nov 16, 2011
- 19,792
- 11,285
How many hours are left as per USA time in Wednesday ending?