What are the chances of a Bitcoin ETF to be approved? The entire industry believes it will happen on August 10 (or 40 days later if delayed) but we’re playing a dangerous game believing in it so hard. If it will be rejected, prices will tank once again. We live on hope right now. Opinion in the industry: 65%-90% of the people believe it will be approved. I personally think there are too many reasons why the SEC will not approve it: market manipulation, scams, unregulated market, too small market cap,… I think they won’t take a risk. Let’s be careful with our optimism on this topic.
#bitcoin #cryptocurrencies
———————————————————————————————————————————————————–
Follow me on Twitter:
Tweets by QuintenFrancois
Follow me on Facebook:
https://www.facebook.com/YoungAndInvesting1
Follow me on Steemit:
https://steemit.com/@younginvesting
Cryptocurrency investing Facebook group: https://www.facebook.com/groups/480785485606417
———————————————————————————————————————————————————–
Register on Binance: https://www.binance.com/?ref=10813220
———————————————————————————————————————————————————–
If you’re feeling generous, donate to me here:
Bitcoin: 3ENm2XRVACaaEEwRqMZNYt9Zf1K1yWicUX
Ethereum (& ERC 20 tokens): 0x8cb2838f3F5e43FCCeEF696D3570D3762968F118
Ripple: rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv
Litecoin: MB9Z1bZHf72qNa3439nDoEcdHdUWMAshbq
Dash: XrucvJa2F3GLfqn3h8MQPww16i9rHN5Lae
NEO: APPViiDBuQn8NcKqgzX31jQ2ySaP2kW47L
source