上位 200 件のコメント全て表示する 290

[–]uglymelt [スコア非表示]  (23子コメント)

The Commission believes that, in order to meet this standard, an exchange that lists and trades shares of commodity-trust exchange-traded products (“ETPs”) must, in addition to other applicable requirements, satisfy two requirements that are dispositive in this matter. First, the exchange must have surveillance-sharing agreements with significant markets for trading the underlying commodity or derivatives on that commodity. And second, those markets must be regulated. Based on the record before it, the Commission believes that the significant markets for bitcoin are unregulated.

there will never be a bitcoin etf. omg

[–]cherouvim [スコア非表示]  (4子コメント)

[–]TweetsInCommentsBot [スコア非表示]  (3子コメント)

@aantonop

2017-03-10 21:08 UTC

The ETF was denied because bitcoin can't be regulated, can't be surveilled.

Feature, not bug.


This message was created by a bot

[Contact creator][Source code]

[–]newretro [スコア非表示]  (2子コメント)

No it wasn't. AA should know better than that. It was denied because the exchanges are an issue. Something which we all know.

[–]livinincalifornia [スコア非表示]  (1子コメント)

The SEC isn't going to approve something that the government cannot actively surveil and monitor.

[–]bitsteiner [スコア非表示]  (0子コメント)

Free markets are an issue for them. Plutocracy confirmed.

[–]Sefirot8 [スコア非表示]  (1子コメント)

This might be great though. Keep bitcoin a public coin not a private sector asset

[–]_CapR_ [スコア非表示]  (0子コメント)

You're conflating the terms. If the EFT were approved, it would have been a private asset built on top of a public asset. That's it. You people will spin/rationalize anything news as positive for Bitcoin.

[–]David722 [スコア非表示]  (1子コメント)

And who's regulating how much gold is stored and retrieved from within the earth's crust?

[–]MatthewWinter27redditor for 13 days [スコア非表示]  (1子コメント)

They also wrote something like "insufficient surveillance"

[–]Sherlockcoin [スコア非表示]  (0子コメント)

but i thought they have enough surveillance with vault 7

[–]The_Laws_of_Thoughtredditor for 1 month [スコア非表示]  (3子コメント)

The SEC works for Wallstreet. Why would they let Bitcoin into their club?

[–]arosier2 [スコア非表示]  (1子コメント)

they need "regulation" because it means CONTROL

[–]The_Laws_of_Thoughtredditor for 1 month [スコア非表示]  (0子コメント)

It doesn't matter to me anyway. Bitcoin is better off without an ETF imo. Bitcoin is traded 24/7 worldwide. (i.e. not just the U.S.) Piddly pukes in suits can scratch out a living in the hen house of dirt and scraps that is Wallstreet. Fuck them.

https://www.youtube.com/watch?v=zV40NzkqJrw

[–]anti09 [スコア非表示]  (0子コメント)

Do you have any clue what the SEC does? I-banks hate the SEC and the various regulations it imposes. The agency exists to restrain Wall Street, not work for it.

[–]hairy_unicorn [スコア非表示]  (0子コメント)

Or for any cryptocurrency. Oh well.... sucks, but Bitcoin ultimately doesn't need it.

[–]EvanGRogers [スコア非表示]  (3子コメント)

did... did we actually expect the US govt to legitimize something that can literally kill it?

[–]ebliever [スコア非表示]  (0子コメント)

Disapproved the ETF (which would help regulate bitcoin) because bitcoin is too unregulated. eye roll

[–]LiveTheChange [スコア非表示]  (36子コメント)

HODL like you've never HODL'd before

[–]MoeOverload [スコア非表示]  (18子コメント)

I'm gonna buy when it drops below 800. now.

[–]markb_ukredditor for 2 months [スコア非表示]  (5子コメント)

No chance. The bounce back begins.

BTW distance from Wall St. spivs might be bitcoins greatest asset in the coming months.

[–]clickstops [スコア非表示]  (2子コメント)

Can you please elaborate on the second sentence? What makes you think that? Not challenging you, just a genuine question.

[–]markb_ukredditor for 2 months [スコア非表示]  (0子コメント)

Infinite rehypothecation. A massive cesspool of fraud. Price manipulation with fake paper futures contracts. Too big to fail. The list is pretty extensive.

[–]ludwigvonmises [スコア非表示]  (0子コメント)

It keeps Bitcoin as a black market/unregulated good which is healthy for the billions of people not in the US to use it easily and without interference. Wall St. acceptance comes with legal and regulatory strings that would make global grassroots acceptance more difficult.

[–]HanC0190 [スコア非表示]  (0子コメント)

I agree. I was a little apprehensive regarding an approval by a major governmental entity too. Bitcoin is the best outside the realm of regulations anyway.

[–]cgh118 [スコア非表示]  (3子コメント)

Same. But it keeps bouncing around 1k.

[–]blog_ofsite [スコア非表示]  (2子コメント)

All exchanges are being flooded nobody is able to sell. Also people in China haven't sold and others are asleep. I predict $900 today or less.

[–]NimbleBodhi [スコア非表示]  (5子コメント)

Looks like mid 900s was the floor, you might've missed your chance.

[–]Viraus2 [スコア非表示]  (0子コメント)

It's been falling for like 3 minutes, man. One bounce doesn't mean that was the floor.

[–]inthecaveminingredditor for 1 month [スコア非表示]  (1子コメント)

Single bounce at mid $900s seconds after decision "floor" :)

[–]NimbleBodhi [スコア非表示]  (0子コメント)

I guess we'll find out if it really is or not.

[–]xzars1 [スコア非表示]  (0子コメント)

Good. No place for the "old world market manipulators" to establish themselves in Bitcoin. Imho, the best outcome for long-term hodlers.

Will hodl till next halving (3.5 years from now), at least :)

[–]spadmin [スコア非表示]  (12子コメント)

Why hold? The market should move naturally. If people want to sell then they should sell.

[–]LiveTheChange [スコア非表示]  (8子コメント)

HODL because why the fuck would you sell at $1000?

[–]L_Cranston_Shadow [スコア非表示]  (0子コメント)

Just noting here that the last time it hit $1200+, it dropped back down to $300 or so. It's been holding higher up for awhile now, but there's no concrete reason to think this isn't just another bubble. Nothing has changed to support the higher price. As has always been the case with bitcoin, it's all just speculation.

[–]Hillarycant [スコア非表示]  (2子コメント)

Because you will not get your coins back for cheap, those who panic-sold are regretting it already, it bounced now to over 1100

[–]utopiawesome [スコア非表示]  (7子コメント)

Ouch, there are 2 more being looked at but this makes things look way worse for them.

Can the twins try again with another 2 years of waiting?

As discussed further below, the Commission is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest.5 The Commission believes that, in order to meet this standard, an exchange that lists and trades shares of commodity-trust exchange-traded products (“ETPs”) must, in addition to other applicable requirements, satisfy two requirements that are dispositive in this matter. First, the exchange must have surveillance-sharing agreements with significant markets for trading the underlying commodity or derivatives on that commodity. And second, those markets must be regulated.6

[–]Rassah [スコア非表示]  (2子コメント)

"which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest."

Lol! Since when has that ever applied on Wall Street?

[–]Winzip115 [スコア非表示]  (0子コメント)

Yeah exactly. Decentralization isn't a bug, it's a feature of Bitcoin. If this is the standard then an ETF will never be approved.

[–]AnalyzerX7 [スコア非表示]  (0子コメント)

3,123 People logged in /r/bitcoin waiting for this post.

[–]chiwork [スコア非表示]  (2子コメント)

The Commission believes that, in order to meet this standard, an exchange that lists and trades shares of commodity-trust exchange-traded products (“ETPs”) must, in addition to other applicable requirements, satisfy two requirements that are dispositive in this matter. First, the exchange must have surveillance-sharing agreements with significant markets for trading the underlying commodity or derivatives on that commodity. And second, those markets must be regulated.

Well then it was DOA

[–]Introshine [スコア非表示]  (0子コメント)

First, the exchange must have surveillance-sharing agreements with significant markets for trading the underlying commodity

ok..... go ahead..?

or derivatives on that commodity. And second, those markets must be regulated.

L-O-L.

[–]martian31v [スコア非表示]  (4子コメント)

Fuck the SEC. Banker whores. Fuck you.

[–]livinincalifornia [スコア非表示]  (0子コメント)

I was skeptical from the beginning that the banksters would honestly legitimize something that completely challenges their entire business model and livelihood

[–]beachexec [スコア非表示]  (12子コメント)

GOD FUCKING DAMN IT I WAS ON THE SHITTER AND LOST 300!!!!

[–]bits-of-change [スコア非表示]  (0子コメント)

I'm sorry for your loss, but I can't stop laughing....

[–]h8IT [スコア非表示]  (1子コメント)

shitter or no shitter, you would have lost the same. at least u got your shit out, i hope.

[–]beachexec [スコア非表示]  (0子コメント)

Hell yeah I casually was on my phone and it pretty much flew out of my butthole.

[–]freedombit [スコア非表示]  (2子コメント)

Wow. Sorry America. You'll just have to step outside of the system buy Bitcoin directly.

[–]Introshine [スコア非表示]  (0子コメント)

Market is overreacting like a 13yo ragequitting dota.

[–]the_sunship [スコア非表示]  (10子コメント)

GDAX down and Coinbase too, just great

[–]rashasha2112 [スコア非表示]  (6子コメント)

Yep. I wanted to buy at $999 and its up to $1099 already. Damn you coinbase!

[–]Triprapper [スコア非表示]  (1子コメント)

Yeah coinbase is a complete fail in these situations bro!

[–]Starswarm [スコア非表示]  (2子コメント)

What's a proper exchange to use during times like these?

Bitstamp?

[–]jtriangle [スコア非表示]  (1子コメント)

The proper thing to do is already be logged in. It's very rarely the site that goes down, it's usually just the authentication server that takes a dump under the load.

[–]gottagetminenow [スコア非表示]  (0子コメント)

It will dip again below $1000, wait for the second wave of dumps.

[–]mountain_drifter [スコア非表示]  (1子コメント)

So frustrating. I should have known. Was in the middle of some trades and can't login now. I have no idea how much I have lost or what orders are open/filled...ugh. Pretty sure I am losing money as we speak.

[–]the_sunship [スコア非表示]  (0子コメント)

I'm in the same boat - I made sure I put orders in at $800 just to be sure. I hope they are still there just in case

[–]Ocho_Cero [スコア非表示]  (0子コメント)

Props to the Winklevoss brothers for sticking it out to the end and making these pussies disapprove rather than withdrawing.

[–]dublisto [スコア非表示]  (0子コメント)

The guy that shorted ~1000 bitcoins just profited 250k or so....

[–]alex_leishman [スコア非表示]  (0子コメント)

"The Commission notes that bitcoin is still in the relatively early stages of its development and that, over time, regulated bitcoin-related markets of significant size may develop.146 Should such markets develop, the Commission could consider whether a bitcoin ETP would, based on the facts and circumstances then presented, be consistent with the requirements of the Exchange Act."

[–]xcsler [スコア非表示]  (0子コメント)

Home of the free, land of the brave.

[–]jm2342 [スコア非表示]  (1子コメント)

And they needed 3 years for THAT? And then waited until the last minute? Fucking clowns. Who needs them anyway.

[–]Keffeyredditor for 2 months [スコア非表示]  (0子コメント)

Fine by me! I'll be buying the dipp

[–]Sefirot8 [スコア非表示]  (3子コメント)

look at the prices right now. no ones wants it under 1000

[–]theguy12693redditor for 11 days [スコア非表示]  (0子コメント)

Everyone wants it under $1000, that's why it's not going below because people buy them up when they get there.

[–]InstantGangBonus [スコア非表示]  (0子コメント)

They obviously hate Bitcoin, that's why they purposely waited till the last day

[–]FedsAreGay [スコア非表示]  (1子コメント)

I'm not worried, it's already bounced from $999 back up to $1100 at 13 min past the hour.

[–]Alex_Kontegna [スコア非表示]  (0子コメント)

You were offered a chance to cooperate. Now we have to kill you. No offense, incumbents.

[–]Abell68 [スコア非表示]  (0子コメント)

THIS IS ACTUALLY GOOD NEWS, FUCK THE SEC FUCK PIWOWAR THAT CUNT ANYWAY.

[–]2-bit-tipper [スコア非表示]  (0子コメント)

They can't control it, so they want no part in it.

[–]Maletor [スコア非表示]  (1子コメント)

They are blaming hodlers.

This commenter also states that several fundamental flaws make bitcoin a dangerous asset class to force into an exchange traded structure, including shallow trade volume, extreme hoarding

[–]nappiral [スコア非表示]  (0子コメント)

$975 and $1350 in the same day...not bad.

[–]PawnShop804 [スコア非表示]  (6子コメント)

Panic sell much? Do people not understand that Bitcoin is so much more than this ETF?

[–]yuilleb [スコア非表示]  (0子コメント)

it's just an excuse to cause panic and acquire more btc at lower prices. take advantage of other people's emotional state.

[–]betheproblem [スコア非表示]  (3子コメント)

The ETF would have been a shortcut to much higher value - easy exposure to capital of many - now that opportunity is gone for the foreseeable future.

It's no secret that most of bitcoin's value isn't people who need to hold it to spend it, but people who are speculating, some of its speculative value has decreased for now, so its price should be expected to decrease somewhat at least. If you're in it for the long haul, go ahead and hold out - but those who were trying to make a quick buck at the ETF approval will cash out now and I don't blame either party.

[–]inthecaveminingredditor for 1 month [スコア非表示]  (2子コメント)

This sub makes me laugh on a daily basis.

15 min ago: "Moon, ETF is the most important thing in Bitcoin history, get ready to get rich! BTC @ $5000 soon!"

Now: "Why are you selling? The ETF never meant a thing, idiots HODL!!"

[–]absurdparadox [スコア非表示]  (0子コメント)

It is almost as if gasp an entire sub is made up of individuals with different opinions!

[–]Sefirot8 [スコア非表示]  (0子コメント)

this is a good thing for bitcoin. the last thing we need are more forces that would have an interest in controlling bitcoin.

[–]Taek42 [スコア非表示]  (0子コメント)

Thank god. I know a lot of people are disappointed, but the hashrate rules they wanted - picking the longest chain after 48hours - this gives miners way too much power.

A big part of Bitcoin is the economy. Miners need to get paid, which means they pretty much have to mine on the chain with the largest block reward (most use, highest value). Discarding income for 48 hours to drag an entire ETF with you is expensive, but not intractable. And once you've got the ETF on your side, you've dragged along what could be a massive portion of the actual economy. And then you've won the battle.

A better ETF would probably treat a single one of their coins as a coin on each side of the fork, and then pick the longest chain after 90 days or so. This is much longer than miners can sustain hashrate without income, and insures that the chain with the strongest economic support actually wins.

Don't give the control to miners! Bitcoin is supposed to be decentralized, not he-who-makes-the-asics-calls-the-shots.

[–]Xexr [スコア非表示]  (0子コメント)

Holy crash batman, $300 in less than 5 mins

[–]smack1114 [スコア非表示]  (0子コメント)

Damn it coinbase. I had a sell around 1200 and it failed. I could've bought them back at a $200 dip. For a $1000 gain. Oh well. I should've had them on a stock market type exchange.

[–]stupidx [スコア非表示]  (0子コメント)

"The Commission believes that, in order to meet this standard, an exchange that lists and trades shares of commodity-trust exchange-traded products (“ETPs”) must, in addition to other applicable requirements, satisfy two requirements that are dispositive in this matter. First, the exchange must have surveillance-sharing agreements with significant markets for trading the underlying commodity or derivatives on that commodity. And second, those markets must be regulated.

Based on the record before it, the Commission believes that the significant markets for bitcoin are unregulated. Therefore, as the Exchange has not entered into, and would currently be unable to enter into, the type of surveillance-sharing agreement that has been in place with respect to all previously approved commodity-trust ETPs—agreements that help address concerns about the potential for fraudulent or manipulative acts and practices in this market—the Commission does not find the proposed rule change to be consistent with the Exchange Act." Full Doc

[–]skz- [スコア非表示]  (0子コメント)

I will laugh my ass off if shorters gonna get rekt. 99% bitcoiners doesn't even know what the fuck that thing is and also absolutely don't care.

Also, enjoy the cheap coins while you can.

[–]arni_durbish [スコア非表示]  (0子コメント)

So the SEC won't let me be

Or let me be me, so let me see

They try to shut us down but soon they'll see

That it feels so empty without BTC

[–]Spats_McGee [スコア非表示]  (1子コメント)

I'm confused by this. Gold is traded all over the world and in all kinds of unregulated/grey-market contexts.... And yet gold has an ETF. What makes bitcoin so different?

[–]hgmichna [スコア非表示]  (1子コメント)

The influence of the ETF has often been overestimated. It would have been nice and it would have raised the bitcoin price. But now that it has been rejected, all that is happening is that some overly optimistic expectations are being withdrawn.

Since there was no good reason to be optimistic about the ETF acceptance, I think the bitcoin price should be only moderately negatively affected. I expect the price to stabilize between $1,100 and $1,200, roughly a 10% loss.

Even that seems irrational, but I think we did have a bit too much optimism here.

[–]ICheckedOutredditor for 30 days [スコア非表示]  (0子コメント)

$1500 here we come.... After drop, then leveling off, watch...

[–]XxEnigmaticxX [スコア非表示]  (0子コメント)

well that explains the massive drop i saw. went to 1311 to 1070 in seconds

[–]TRWNBC [スコア非表示]  (0子コメント)

Currently offline: Coinbase, Kraken, Coindesk

[–]aschroeder91 [スコア非表示]  (1子コメント)

It's very likely Bitcoin's value will increase over the next year.

POLL: Would you rather it spike now, or would you rather have one more chance to buy more low??

[–]imfadingyou [スコア非表示]  (0子コメント)

I bet a lot of people lost some serious coin today.

[–]sph44 [スコア非表示]  (0子コメント)

Great example of a nanny-state government, and why it loudly sucks

[–]MatthewWinter27redditor for 13 days [スコア非表示]  (1子コメント)

The chance of approval was like 40% in bwetting markets, so it should drop 40% i.e. to $800-900

[–]bell2366 [スコア非表示]  (0子コメント)

What i'm truly impressed at is the belief and commitment of hodl'rs which has stopped the price collapsing after this not unexpected but nevertheless disappointing news. Bitcoin only needs people to believe in it. You could even say it has "The full faith and credit of world citizens"

[–]blackplight4u [スコア非表示]  (0子コメント)

First: NO NEED TO PANIC. The decision to create an ETF was done by Wall Street to implement a plan for the takeover of the Crypto Currency Sector. It would mean that the projected life of a STABLE crypto currency could not exist under the implementation of an SEC backed ETF.

Second: This ensures a more organic growth pattern like we have been seeing in the Bitcoin; ensuring exponential growth and our pocket fuller ($$$) than they are already. Bitcoin has larger issues than a ETF; this issue deals with the 1MB increase to the blockchain.

Beware of those who seek to destroy something which is perfectly fine the way it is.

[–]cyoreligionredditor for 7 days [スコア非表示]  (0子コメント)

Speculation: there is a lot more money in Bitcoin now than there was before the publicitiy of the ETF starting a few weeks/months ago, so much that people started giving a more serious look into bitcoin. This, coupled with a kind of crazy political environment, means more people believe in bitcoin for the LONG term and were just seeing this as a short term opportunity, so the support is higher than expected. So bitcoin has stronger fundamentals than it did a few months ago. Including myself in this.

[–]Ninjakoobananaredditor for 1 month [スコア非表示]  (1子コメント)

So is this over? The whole ETF idea? I heard this is the final decision

The twins should go to President Trump and speak to him about this

[–]xcsler [スコア非表示]  (0子コメント)

Only positive is that the disapproval shows that the gov is scared of and can't control Bitcoin. We'll win in the end.

[–]Ersatsredditor for 18 days [スコア非表示]  (0子コメント)

Damn I pissed myself for nothing

[–]cyoreligionredditor for 7 days [スコア非表示]  (0子コメント)

Facing some early, albeit faint, resistance at least

[–]markb_ukredditor for 2 months [スコア非表示]  (0子コメント)

That's some heavy selling.... lol

Hodl tight

[–]-mjneat [スコア非表示]  (0子コメント)

Fucking LOL! This is insane over 1100

[–]RandomUserBob [スコア非表示]  (0子コメント)

watched 980 on bitstamp, now climbing again. 980 to 1100 in less than a minute. i hope u all have seatbelts on :)

[–]goodbtc [スコア非表示]  (0子コメント)

Allow me to shake your weak hand!

[–]-xTc- [スコア非表示]  (0子コメント)

It's gonna be a good time to buy!!

[–]ottoshade [スコア非表示]  (0子コメント)

Strangely enough, it dipped WAY down and now it's back up. Wtf is even happening anymore?

[–]laschke [スコア非表示]  (0子コメント)

I'm looking forward to the discounted coins coming up!

[–]Kaltoro [スコア非表示]  (0子コメント)

Partial outage on Coinbase and Kraken, probably due to the volume of trading.

[–]bayreneredditor for 3 months [スコア非表示]  (0子コメント)

HODL ON TIGHT BOIS!!!!!

[–]ebaley [スコア非表示]  (0子コメント)

That was a great trading opportunity. Wish I'd had more coins on my exchange.

[–]oksigen [スコア非表示]  (0子コメント)

It is the Weekend for the Weak Hands - Just in Time !!! :)

[–]T0pher90redditor for 2 hours [スコア非表示]  (0子コメント)

Buy or sell I'm so lost right now

[–]btc000xredditor for 14 days [スコア非表示]  (0子コメント)

A fucking shame

[–]Triprapper [スコア非表示]  (0子コメント)

Fuck it! We don't need or want an ETF! BTC can go with it on its own!

[–]powsm [スコア非表示]  (0子コメント)

holy the price was bumping and now BOOM Oo