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Title: GBTC bids up to $40 per share now Post by: hector3115 on April 24, 2015, 05:40:18 PM Which represents a tenth of a bitcoin. I think they start to trade around $45-50 maybe next week. Could open the flood gates once it starts trading.
Title: Re: GBTC bids up to $40 per share now Post by: _AquaRegia on April 24, 2015, 05:49:18 PM Well if its not trading, then it has no effect on the market really.
And if it does, the bids not are only for 10BTC, which is not much compared to the real exchanges, unless we see some major volume on GBTC Title: Re: GBTC bids up to $40 per share now Post by: bittyfree on April 25, 2015, 08:00:33 AM May I ask what GBTC is?
Title: Re: GBTC bids up to $40 per share now Post by: minerpumpkin on April 25, 2015, 09:19:11 PM Which represents a tenth of a bitcoin. I think they start to trade around $45-50 maybe next week. Could open the flood gates once it starts trading. If those bids really are legitimate and not only placeholders. Some people suggested that they could be mere placeholders and no real bids whatsoever. I mean $40/share would be a 100% markup on a Bitcoin at spot prices. It could be bids to get things going, but they're no 'real' bids, as in "people are willing to pay that much using the ETF" Title: Re: GBTC bids up to $40 per share now Post by: WhatTheGox on April 26, 2015, 08:50:01 PM Which represents a tenth of a bitcoin. I think they start to trade around $45-50 maybe next week. Could open the flood gates once it starts trading. This should defo help the market we just need a few super whales to jump in with a few mils and pump this thing. Some crazy bastard wll do it, just have to wait and keep hodling. |