Home Bitcoin News Tyler Winklevoss on the launch of Bitcoin ETF futures starting at the price of Bitcoin at $64,000

Tyler Winklevoss on the launch of Bitcoin ETF futures starting at the price of Bitcoin at $64,000

Tyler Winklevoss on the launch of Bitcoin ETF futures starting at the price of Bitcoin at $64,000

Tyler Winklevoss expressed, When Cameron and I first proposed a bitcoin ETF in July 2013, the price of bitcoin was $68. Today, upon the launch of two bitcoin futures ETFs, the price of bitcoin is $64,000. That’s almost a 1000x return in the meantime. I’m glad we got here, but it has taken too long.

Community Response:  Overall, the SEC has shown they aren’t concerned about protecting investors. Their primary concern is expanding their authority.

And yet look how early we are still. Thank God the SEC protected investors from that kind of upside over the last decade.

Let’s be honest, they were too busy bailing out the banks and prosecuting none of them for tanking our economy.

Tyler you should have asked me to help. I know the folks at the SEC quite well after being investigated so many times.

BTC is holding support above $64k after a series of breakouts over the past week. Upside appears to be limited towards $65K-$70K given slowing momentum.

BTC action this weekend just broke above the short term EMAs and is at the 50. A break above this would be a potential development of a continuation reversal pattern.

A travesty everyday investors had no access to that type of return via a US exchange ETF in the name of protection.

Shows how much the SEC actually looks out for people.  Look out more for their own person.

If ETF would have come in 2013 there would be more billionaires like you, but still enough room to make at least millionaire.

Tyler and Cameron, please be very proud, you did (and are doing) a lot for the evolution of the future money. Satoshi directly said it takes patience. I don’t think we took too long.

All of those potential ETF investors have been robbed by the SEC.  Early believers and trend spotters. That’s just the beginning.

Think of all the retail buyers SEC ‘protected’ by waiting! What a sham. Do you think BTC would be higher than it is now if an ETF had been listed then?

Selfishly, I’m glad it did take as long as it did.  And, you will also be 1000X richer than Zuck. Revenge is a dish best served cold.

From the moment you set the pace, you will learn and observe how wonderful future trading.

Imagine listing an ETF with Mt gox and the BTC-e troll box as the index. Miss Those days.

 

 

 

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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