I guess the main thing we learned with the SEC rejection for a Bitcoin ETF is that there is still a lot to be done before the governemnt can see Bitcoin has a good thing. We still need to educate the government on what is actually the potential of this new tech.

Bitcoin is a level playing field. Cheat, lie and stealing doesn't work. Maybe government should try something other than cheating, lying, and stealing.

i dont think that ETF denial would show negative impact on bitcoin as some of the countries are regulating bitcoin in a legal manner. expecting a positive result

The ETF decline was predictable, Bitcoin price can be manipulated, exchangers being hacked, countries restricting usage of bitcoins, bugs or exploits, the list is long.

The SEC will never approve an ETF of a crypto where somebody in africa can have hundred thousands of bitcoins (yes there are many).

Bitcoin is strong (stronger than I thought) and resisted multiple countries ban, regulations, even the ETF decline.


What we can learn from Bitcoin ETF Decline ?

Bitcoin does not need any approval, from any agency or any government, it is built to be independent, and guess what ? it is.
 


Lastly, we can all agree, that was an amazing publicity for Bitcoin, at buysomebitcoins.com we have lots of old people buying bitcoins and holding them.

How about you get your shit together ?

First, Bitcoin was not decline by the govenement

A bitcoin based ETF was declined by SEC.gov - if you read instead of talk, you will see that Blockchain based ETF passed, yes they passed, for example "t0" by OverStock

The ETF decline was legit, the SEC exists to approve/decline proposals to protect investors, and Bitcoin is not built for WallStreet trading (go read the whitepaper).

 

I learned from the Bitcoin ETF denial that Bitcoin is not yet ready to be in mainstream.  There are still lots of work to be done, and it should be well regulated in order for SEC to approve Bitcoin ETF.  Aside from that I think it depends on the kind of proposal that was submitted to SEC.  The proposal should have showed that Bitcoin market can secure the funds that will be allocated to Bitcoin ETF.

I learned that there will never be a bitcoin ETF because you cannot change the nature of bitcoin. There will be other ways to make bitcoin mainstream and get noticed by other people.

This shows that the road is too long before we ever get listed on such an exchange that would allow Bitcoins to be traded globally, but still, due to this initiative that Winklevoss brothers took, they knew that Bitcoins are sure to attract many new investors who were not knowing about it but would now be knowing, thanks to their ETF application which caught the eyes of everyone through mass media. Bitcoins have upgraded.

I guess there's a lot to be learnt but it also emphasizes the point that those in the helm of affairs wouldn't just pass anything that would hurt Bitcoin. I'm calling for the solution and hopefully we will arrive there soon.

We have learned that governments are still not ready to fuly embrace bitcoin but also that this doesn't matter that much and that bitcoin is stable enough to survive such rejection. No big deal happened, no big dump and the perspective looks fine. That is the good lesson.