Is anyone holding off on large purchases until the ETF decision next weekend?

With the SEC's Bitcoin ETF decision being announced this weekend, you could literally be overpaying hundreds of dollars by ordering between now and next Friday.

I was just curious if anyone was factoring this into their purchasing decisions as I've seen a few comments about bitcoin's current increase in price where the person apparently wasn't aware about what was driving it.

On the flipside, if the ETF is approved I'm sure vendors will refund the difference in dollar amounts :)


Comments


[13 Points] samwhiskey:

You don't over pay if you buy and spend at the same rate. If You buy high, hold until the drop then spend, you lose.


[4 Points] DNMTiger:

didnt know anything about this , dhl and blochchain need to hurry up and get my coins back to me so i can spend them cause knowing my luck it will drop and illl end up loosing hundreds and hundreds of dollars


[3 Points] purplethrowup:

Whelp ... the Winklevoss ETF decision is said to be announced on or about the 11th. I'm reading that most experts are saying that it has a very small chance of approval. If the present BTC price surge is due to anticipation of an affirmative ETF decision, would it be reasonable to expect a mega price drop should it be denied? So maybe now is a good time to buy and quickly spend. Who knows really. One thing's for sure tho, it's gonna be a pretty interesting week.


[2 Points] hhayn:

I think it will lose more with no approval than it would gain with approval.


[1 Points] TyroneSwoopes:

Is there put options on bitcoins?