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Title: GBTC spread to all other BTC exchanges Post by: BlackJacky on June 14, 2016, 09:49:39 AM Hi folks,
Im wondering why we have such a big spread between the GBTC (Volume exploded in the last weeks) and all other BTC exchanges? Currently GBTC is trading around 1,300 USD All other exchanges around 700 USD Why do we have here such a big spread? Thanks in advance Title: Re: GBTC spread to all other BTC exchanges Post by: CoinHopper on June 14, 2016, 10:02:52 AM Hi folks, Im wondering why we have such a big spread between the GBTC (Volume exploded in the last weeks) and all other BTC exchanges? Currently GBTC is trading around 1,300 USD All other exchanges around 700 USD Why do we have here such a big spread? Thanks in advance Maybe because people are willing to pay a premium for not having to deal with the exchanges or holding their own coins. Title: Re: GBTC spread to all other BTC exchanges Post by: Bitcoinpro on June 14, 2016, 10:06:37 AM GBTC is a stock price for a trust it's value I $130 dollars
Title: Re: GBTC spread to all other BTC exchanges Post by: RealBitcoin on June 14, 2016, 10:08:22 AM Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset.
Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well. Title: Re: GBTC spread to all other BTC exchanges Post by: Bitcoinpro on June 14, 2016, 10:10:21 AM Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset. Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well. Wats ur definition of GBTC Title: Re: GBTC spread to all other BTC exchanges Post by: RealBitcoin on June 14, 2016, 10:13:26 AM Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset. Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well. Wats ur definition of GBTC It is technically a derivative of bitcoin, because it derives its value from the bitcoin economy. Title: Re: GBTC spread to all other BTC exchanges Post by: Bitcoinpro on June 14, 2016, 10:20:39 AM Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset. Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well. Wats ur definition of GBTC It is technically a derivative of bitcoin, because it derives its value from the bitcoin economy. provide me a link then Wat u just said is nonsense unless it operates on the Bitcoin network and is backed by the Bitcoin Supercomputing verification system it's a Ponzi scheme Title: Re: GBTC spread to all other BTC exchanges Post by: mayax on June 14, 2016, 10:23:56 AM Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset. Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well. Wats ur definition of GBTC It is technically a derivative of bitcoin, because it derives its value from the bitcoin economy. what does create the so called "bitcoin economy"? the black market, the HYIPs? ;D Title: Re: GBTC spread to all other BTC exchanges Post by: RealBitcoin on June 14, 2016, 10:29:22 AM what does create the so called "bitcoin economy"? the black market, the HYIPs? ;D No, its the many bitcoin companies that offer services to bitcoin users like coinbase,xapo,blockhain.info,21.co,trezor,etc. I think they have invested in many startups, but i`m not sure, i could care less about the stock market. |