Bitcoin spot ETF approval & SEC incompetence

[jscott]

SEC posted on Twitter today that the Bitcoin ETF is approved:



And 20minutes later:



But Bloomberg Senior ETF analyst believes Bitcoin ETF will be approved today.

Gary Gensler and SEC are an example of yet another incompetent government agency.

[adultinnovation]

[CAHEK]

Bitcoin hype gold rush. I wouldn’t even touch it now.

Sell high, buy low. My advice.

[$5 submissions]

The BTC rocket ship is about to enter a whole new level

Time to DOUBLE DOWN on BTC purchases and if it dips, go hard on DCA

Related: Shitcoin rocket jockeys, strap on your belts for the next wild ride up

[jscott]

Originally Posted by CAHEK

Bitcoin hype gold rush. I wouldn’t even touch it now.
Sell high, buy low. My advice.

Trading is stressful and most of the time average "investors/players" get rekt.

Best advice anyone could ever listen to is to: Buy Bitcoin and hold in cold storage for savings, for long term.

Cahek, how long have you been anti-Bitcoin now, telling people not to buy for how long, 10-15 years?
Lets just hope everyone does their own research and never listened to you! LOL

[jscott]

Democrat's Caroline Crenshaw & Jaime Lizárrage were the only two SEC commissioners to vote against spot #Bitcoin ETF approval.

Leave it to the Dems to try keeping their citizens chained down and forced into their corrupt scammy fiat system. Lizarrage was a Pelosi aide for a decade.

[feetpics]

I absolutely love cryptocurrency

[jscott]

Another dirty & corrupt politician (Elizabeth Warren, (D) Massachusetts) lying about Bitcoin & the ETF:

https://twitter.com/SenWarren/status...61648218112249

The
@SECgov
is wrong on the law and wrong on the policy with respect to the Bitcoin ETF decision.

If the SEC is going to let crypto burrow even deeper into our financial system, then it's more urgent than ever that crypto follow basic anti-money laundering rules.

and CommunityNotes:

The American court decided approving Bitcoin ETF is lawful.

The DC Circuit Court of Appeals overturned the SEC’s rejection of Grayscale’s bid to convert its trust into an exchange-traded fund.

https://www.bnnbloomberg.ca/sec-won-...-etf-1.1984512

[CAHEK]

Originally Posted by jscott

Trading is stressful and most of the time average "investors/players" get rekt.

Best advice anyone could ever listen to is to: Buy Bitcoin and hold in cold storage for savings, for long term.

Cahek, how long have you been anti-Bitcoin now, telling people not to buy for how long, 10-15 years?
Lets just hope everyone does their own research and never listened to you! LOL

BTC ETF was "Sell the News"

How many new fools rushed into this hype ?

Yea everyone saying bitcoin will go to $100k, everyone will dump at $70k before even gets to 100k lol

[jscott]

Originally Posted by CAHEK

BTC ETF was "Sell the News"
How many new fools rushed into this hype ?
Yea everyone saying bitcoin will go to $100k, everyone will dump at $70k before even gets to 100k lol

Hindsight is 20/20

Worthy note:

Bitcoin yearly lows:

2012 - $4
2013 - $65
2014 - $200 <- CAHEK you've been saying don't touch BTC since here?
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $40,380 (so far)

see the trend? ETF's were never needed to increase the BTC value since gov & central banks devalue all fiat currencies.

[CAHEK]

Originally Posted by jscott

Hindsight is 20/20

Worthy note:

Bitcoin yearly lows:

2012 - $4
2013 - $65
2014 - $200 <- CAHEK you've been saying don't touch BTC since here?
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $40,380 (so far)

see the trend? ETF's were never needed to increase the BTC value since gov & central banks devalue all fiat currencies.

[sandman!]