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Friday, August 24, 2018

Last time a Bitcoin ETF was denied, markets dropped. This time the crypto world didn't care - and just HODL'd!


Editors notes: There's a few interesting parts of this clip.  The comparison of the market's reactions to this week's ETF rejections to the Winklevoss twins ETF rejection earlier this year. As well as the SECs reasons for rejecting this latest batch.

I believe this means the people holding Bitcoin today are overwhelmingly those who believe in it long term - and the "news of the day" doesn't scare us, because we're thinking way beyond that.