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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by ceejayoz on Friday March 10, 2017 @04:37PM (#13842350)
As opposed to Bitcoin, where the statement is sometimes along the lines of "lost 30% of its value since 20:13"?
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by paulpauper on Friday March 10, 2017 @04:40PM (#13842385)
In 2013, depositors in Bank of Greece lost 50% of their deposits above $100k, overnight, by decree. Not saying Bitcoin is perfect, but the alternatives are often not better.
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by ceejayoz on Friday March 10, 2017 @04:43PM (#13842406)
"We're as bad as Greece during a financial crisis" isn't really reinforcing the "safe haven" argument.
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by tobltobs on Friday March 10, 2017 @04:59PM (#13842535)
Wasn't that in Cyprus?
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by rommelsLegacy on Saturday March 11, 2017 @07:01PM (#13848020)
yes not only was it in cyprus but it was 60% and in addition the rest of the 40% you weren't allowed to touch it, or more generally you need to submit around 3 forms to get funds from the money that is still there that you and i state this "used to own"
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ... by sneak on Friday March 10, 2017 @04:42PM (#13842399)
Nice joke, but short term volatility aside, bitcoin has been fairly stable for the last year or two, compared to the early days.