SEC DENIED BITCOIN. Price crash incoming

Sucks I know.

https://www.youtube.com/watch?v=mrhSEdLOD5M << RELEVANT

https://i.imgur.com/0UDU8.jpg

http://www.theverge.com/2017/3/10/14883350/sec-bitcoin-etf-order-winklevoss-denied


Comments


[21 Points] BakedPastaParty:

YOU GOTTA BE FUCKING KIDDING ME. I literally sent a deposit to AB at 3:30. well before this ruling.....now as my coins are in fucking la la land in transit, still not on the site, shit drops $200. only time i had worse luck was when the same exact thing happened as evo turned the lights out :(

e: is the goddamn blockchain backed up because so many people are selling?? I can still buy some fucking drugs, but goddammit i am bad luck personified

e2: I didnt get to go with the vendor i wanted, but i did get the same drugs as well as some sample promos from new vendors. overall, its been a win


[18 Points] None:

Frankly it sounds like now would be a good time to buy. People don't use bitcoin because its SEC approved, they buy it because it allows easy and mostly anonymous purchase of goods and services.


[17 Points] Caspers_:

im on lsd and this major payne video got me lolin


[7 Points] Dizzzope:

It's dropped 200$ in the last 10 fucking minutes, time to sell boys.


[2 Points] MyNansAWelder:

Thank fuck my orders were shipped today!


[2 Points] None:

[deleted]


[2 Points] young_k:

I can see how this would raise the price, but can anyone explain to me why this would crash the market? I've yet to read any convincing reasoning...


[1 Points] None:

[deleted]


[1 Points] None:

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[1 Points] headsORtails-tails:

AB hasn't even registered the new price yet it looks like. I just bought something as if btc was still 1200+


[1 Points] imthecoldp01096:

I should have FE'd for you :(


[1 Points] None:

Glad I made my orders on Tuesday


[1 Points] lampspeaker1:

Thank you for that second link. Made my feelings from the amount I just lost go away.


[1 Points] None:

I bet now you wish you had actually used 1 day shipping /s


[1 Points] speedfleek:

I think it will hold around 1100


[1 Points] DNMTiger:

awesome vendor cancled my order most likely because of this shit because the order was placed yesteday when it was like 1250, dont even think i have enough to place the order now


[1 Points] DrWonka1313:

Been workin all day night. What time did this announcement get made ?


[1 Points] croooook:

it seems pretty stable right now. probably shot down right after the news.


[1 Points] awayweegoagain:

So now is a good time to buy?


[1 Points] KnowsAboutShrooms:

I got excited about the BTC Im holding. I figured that the gamble was that I might get rich, or I might break even. The ETF decision comes, and BTC "Crashes" on national news. Truth is, it fell to the price it was 2 weeks ago before the Winkelvoss ETF even mad the news. Ill hold my coin...


[1 Points] AberdolfLinclor:

Its still over 1200 though...


[1 Points] kilogrammes:

Proud long term investor of the wonderful currency called BTC. $8000 in about to go chop my cock off with ketamine shards, brb.


[1 Points] lordredvampire:

SEC should have no power over Bitcoin. It isn't' made for the Government anyways.