Bitcoin Forum

Economy => Speculation => Topic started by: bitbob82 on May 09, 2015, 04:44:23 AM



Title: Can I Arbitrage GBTC ?
Post by: bitbob82 on May 09, 2015, 04:44:23 AM
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC ????

If can, then how ????

If cannot, then why ?????


Please, anyone


Title: Re: Can I Arbitrage GBTC ?
Post by: Jettison86 on May 09, 2015, 05:22:23 AM
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC ????

If can, then how ????

If cannot, then why ?????


Please, anyone
No, because you're buying SHARES not bitcoins.


Title: Re: Can I Arbitrage GBTC ?
Post by: bitbob82 on May 09, 2015, 05:38:44 AM
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC ????

If can, then how ????

If cannot, then why ?????


Please, anyone
No, because you're buying SHARES not bitcoins.

Sorry, but I still do not understand, who is selling right now? how did they acquire the share to sell? and why dont the buyer buy cheap $250 instead of buy expensive $500 ?


Title: Re: Can I Arbitrage GBTC ?
Post by: electerium on May 09, 2015, 05:49:35 AM
hi bob

do some homework


Title: Re: Can I Arbitrage GBTC ?
Post by: WhatTheGox on May 09, 2015, 06:46:37 AM

What time does gbtc trading open and close daily? also is it open on the weekend?

lol it seems kinda funny that you cant trade 24/7 in tradition markets after being used to btc trading.


Title: Re: Can I Arbitrage GBTC ?
Post by: chriswen on May 09, 2015, 07:20:57 AM
You can not arbitrage GBTC.  If you want to create GBTC shares you need to wait 12 months.

In this sense, GBTC supply is quite limited.


Title: Re: Can I Arbitrage GBTC ?
Post by: Amph on May 09, 2015, 07:24:06 AM
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC ????

If can, then how ????

If cannot, then why ?????


Please, anyone
No, because you're buying SHARES not bitcoins.

Sorry, but I still do not understand, who is selling right now? how did they acquire the share to sell? and why dont the buyer buy cheap $250 instead of buy expensive $500 ?

read here http://bitcoinist.net/gbtc-bitcoin-investment-fund-live/

they are two different thing, gbtc where create for those who don't want to deal with all the hassles of bitcoin

the price is higher because they are speculating on it, in other words the demand is higher for now


Title: Re: Can I Arbitrage GBTC ?
Post by: Serpens66 on May 09, 2015, 10:01:07 AM
I asked basically the same, and here is the short answer:
https://bitcointalk.org/index.php?topic=1052139.msg11302416#msg11302416