Price Drops To Recent Low
Price correct @ 3.50pm on 8th March 2017
As the decision on the Bitcoin ETF ruling draws near, the price pulls back as an investment fund sells off its Bitcoin amid speculation that the decision will not go in Bitcoin's favour.
Read the full article hear....
www.coindesk.com/one-bitcoins-biggest-funds-selling-ahead-etf-decision
For speculative investors now is the perfect time to buy your piece of Bitcoin, with 0.1 costing you less than £100.
If the decision does go in Bitcoin's favour then you will benefit from the huge price spike followed by further rapid growth in price.
And if the decision does not go in Bitcoin's favour then the year is still expected to see steady growth regardless.
Nevertheless, you must view any investment in Bitcoin as a long term investment, just like you would Gold and Silver.
Decision due soon....
Numerous sources are suggesting that the decision could be made by Friday (with the original date being due for 11th March which actually falls on a Saturday.
You can read the full article here.....
www.ETFdailynews.com-Bitcoin
Chances of Ruling in Bitcoin's Favour Increase....
After originally only being given a very small chance of having the ruling passed in Bitcoin's favour, some sources are now suggesting it being as close as 50/50, a coin flip!
Here is the full article.....
www.Bitcoinist.com/bitcoin-etf-approval-odds-improve/
Here are some of the key passages from the article....
"It has been estimated that at least $300 million USD in liquidity would flood the market in the first week of approval. Many speculators could be pumping up the market right now, and pull their funds at the end of the week, protecting themselves if the SEC does not approve the Bitcoin ETF."
"The fact of the matter is there are two other ETFs waiting for approval behind The Winklevoss Twins entry, so its a matter of when, not if, an ETF is coming for Bitcoin."
If you want to position yourself with a small investment before the ETF decision, then Coinbase is the easiest way to get started because they allow you to purchase using a credit or debit card.
Use this link to receive a free $10 of Bitcoin on your first $100 purchase....
www.coinbase.com/join
Do you think the ETF decision will pass in favour of Bitcoin?
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