Who would not want to sell 41 btc at $600 a piece? 


http://www.otcmarkets.com/stock/GBTC/quote

No, I am the SEC's CEO.

I don't think that the SEC cares much about that.  The delay on COIN is not just bureaucracy, and the approval is not automatic.  The SEC is still trying to decide whether allowing people buy COIN on NASDAQ is a good idea.

Pretty funny either way.

I note the 50000 BID (shares @$350) has disappeared again.... I wonder if it will pop back up in 20 minutes or so.


 

What the hell is that 50,000 ask price all about?

I'm guessing they're testing the system, but if that gets filled I will buy myself an ice cream.

I am afraid that the only conferences that would host presentantions about bitcoin are those organized by bitcoiners, who would never invite a critic, much less a hard skeptic. 

As for dinners, my dinner friends won't let me talk about bitcoin for more than 30 seconds each night.  And they are as surprised as you are that I be wasting so much time with this [ expletive deleted by self-censorship subroutine ].

Everything is pointing towards the end of the bear market.

There have been many errors of judgement in bitcoin land, like in any other field.  Unfortunately the Antonopouloses have been magnifying the supposed advantages and inflating the probabilities, while minimizing or ignoring the problems.  When I started looking into it, at the end of 2013, everybody was saying  that bitcoin would 'obviously' replace credit and debit cards in a short time, because of the high fees and charge-backs of the latter.  Well, it did not happen.   Companies that invested heavily into that market are now in trouble.

Nice catch. I was adjusting my stops at Finex and missed it. Hard to see everything with 20 tabs of charts open.

Well, you and everyone else must by on a different internet then.

Please ignore my cheap shot about "the main barrier", and tell me what is wrong with my description of Circle's new service.

Circle may have intended to be a bitcoin-centered company when it was created.  However, BitPay's numbers show that the market for fiat-to-bitcoin and bitcoin-to-fiat services is small and shrinking, and the chances of recovering the VC investment and making a profit out of them are slim.  Circle and Coinbase must have realized this a year ago already.   So Circle (and Coinbase) are adding fiat-to-fiat services, whose market is orders of magnitude larger -- perhaps using bitcoin internally, but only if and when it pays.  From the quotes in teh article, it is evident that GS and IDG are interested in Circle as a digital payment processor, not as a bitcoin exchange.  

In case someone is wondering, none of that 50 M$ will go into buying bitcoins.  VC investors do not give money to startups for the startups to play the market with it, or invest it in something else.  If GS wanted to invest in bitcoin, they would do it themselves.  Charlie Lee explained that himself when he was asked how many million would Coinbase invest in BTC.

http://Http://ftalphaville.ft.com/2015/04/30/2127543/meet-the-company-that-wants-to-put-a-bitcoin-miner-in-your-toaster/

 

Did you guys see this? The rumors that 21 will be putting miners in everyday devices appears to be true. They also plan to onboard customers by giving many of these devices away for free!

do none of you click hyperlinks? lol