Karartma1
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October 15, 2016, 10:59:50 AM

Weekend pump incomming!

These are the morning words I want to see after a full working week  Grin

Going back to our beloved brazilian friend we all know the SEC will not take a decision based on an individual opinion. I mean the US government loves bitcoin, they got so much money out of it with those auctions.

They'll get even more from the ETF approval



Buddy, I feel you are right, but I can't find the facts that backs your saying.

Could you please elaborate more about this ?

Not much to elaborate really. I mean why doing auctions and get money out of Bitcoin when they could simply freeze those accounts since they hold the keys? Instead they cashed out. If recall correctly it was something like $30M not bad for a bureau operation

Totally agree, could you please tell me how they will get more money from approving the COIN ETF ?

Taxes my friend, taxes. Once an approved Exchange Trade Fund is established there will be taxes on it. This is why IMHO the SEC will have to approve it rather soon. This is it  Smiley