Bitcoin Forum

The Winklevoss Bitcoin Trust is now on Bloomberg Terminal showing as a Pending Listing.  The BBGID is BBG005D76341.  It can also be found from 0881422D US Equity <go>.

Thanks to Asrael999 for pointing this out.

Here is a link for those without a Bloomberg Terminal: http://origin-www.bloomberg.com/quote/0881422D:US

Edit: It now has a new ticker symbol, and a new home: http://origin-www.bloomberg.com/quote/COIN:US

3 .. 2 .. 1 .. LAUNCH!

I think this is kind of what separates the real traders from (most of us), hm, "enthusiastic amateurs" ... I had to look up what a "Bloomberg Terminal" is, a few days ago. When I saw the price, I wasn't exactly surprised, but had to conclude that for the time being, I won't need one :D

Maybe one day we can fly....

315 000 subscribers at 24000$ per year, holly shit.

Yep.  That's $7.5 billion dollars per year in Bloomberg subscription fees alone from this investment community.  Now how much do you think they can spare to get their feet wet in Bitcoin?

...Wow. I cant believe I'm not on there. Thats cheap.  8)

Don't even talk like this. We all know that Wall Street has no interest in Bitcoin.  8)

My only lament is I don't have more fiat to throw at Bitcoin before Wall Street hits.  This will be the Bitcoin singularity.  Once it happens, there will be no cheap Bitcoins, ever.  In fact, I anticipate the massive volatility will die down as well.  Market depth will be quite a bit larger.

Imo, Wall Streets involvment will not itself be the "singular" event. I don't think Wall Street is just going to take bitcoin prices to the moon. Afterall, wall street buys hype, but they sell hype too.

However, Wall Street investment will signal the exchanges of the world and for the first time set a global precedent for bitcoin trading. As a result, a larger positive feedback loop can have the potential to occur, where exchanges around the world in major international hubs develop, feeding more innovation and positive press. Bitcoin will be legitimized once and for all in the financial community. Once this happens, the feedback loop could carry the prices to much larger degrees.

Can you believe Wall Street pays the current market cap of Bitcoin every year in platform subscription fees?

By singularity I meant something like an event horizon.

I read in the legal doc that the shares will be $20. T/F?



anyway...a toast, gentlemen...



where can i buy a monocle with btc?

Wow!! Fantastic News!!  How long until it's not "pending" anymore?

Damn. I thought this was still a long way off. I wonder how far in advance this sort of thing happens before you can actually buy and sell shares?

Is this the ETF or just an "INVESTMENT COMPANY " per say ????

This is the ETF.

Thanks...


HOUSTON :GO FOR THROTTLE UP !!!!

Guys....it's "pending". That doesn't mean a listed security will appear next week... It just means that they've entered the *potential* ETF into the system and to their knowledge, the SEC is currently evaluating it. That's essentially no change from 6 months ago.

But, but...

...the moon?

No moon for you!

...yet.

When exactly this was added there? I think there were news about it being on Bloomberg Terminals 6 months ago.

That was the BTC price itself.

i hope that was supposed to be in the soup nazis voice lol, cuz thats how i read it :D

Price could actually went up 10 folds with wall street pump.

Yeah if there is a panic buy but in the levels of wall street investors, that would be a hell of a pump, hope it gets listed asap.

That's some serious perspective.  $590 could look dirt cheap down the road.

This is great news!
I don't think Bloomberg would list it as pending if they didn't have some sort of inside info that it might launch soonish...
They'd be so smart to launch it on the 1st July ;D

It now has a new ticker symbol and a new home: http://origin-www.bloomberg.com/quote/COIN:US

Auction, New Egg, DishNet, and now this....

All of the stars are aligning.

... For the mother of all pump and dumps!

Wise thing to do is load up now and dump on the good news.

10-fold? that's nothing, it does that every 8 months anyway, even without wall street

The problem with that analogy is what happened right after Challenger acknowledge the "Go at throttle up" communication with a "Roger, go at throttle up".  Let's hope that isn't the rest of the analogy.

 ;D

Draper, Coinbase Vault, 1-800-flowers, Russia easing stance


It's getting to the point where it can't be ignored..laughers get laughed at

Yes.  I can.  This is why I have all I can spare in bitcoin.  Because once they can start buying, it will be the vertical of the adoption curve and whoever said you will never get a cheap bitcoin again is right.

One reason Bloomberg added BTC was, "Clients are increasingly interested in Bitcoin and other digital currencies and are looking for tools to better monitor developments in these markets."  If that is right, then it is evidence of more "Smart Money" getting into BTC.  I am interested in how this will change the BTC markets...more big money = more efficient markets = more difficult profit making opportunities for traders

But easier for HODLers... ;)