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Fabrizio89 (OP)
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May 04, 2015, 03:58:20 PM
 #1
Screen here http://imgur.com/0sayCiB
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May 04, 2015, 04:40:47 PM
 #2
Its on! people are paying 380 for Bitcoins through the GBTC investment vehicle
$MAID & $BTC other than that some short hodls and some long held garbage.
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May 04, 2015, 04:43:32 PM
 #3
GBTC?
What is that meant to be?
Like a binary options trading site?

Can you shed some light as to what this thing is?
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May 04, 2015, 04:43:51 PM
 #4
Where did you find this? Has the trading begun?
Could you give me an exact link?
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May 04, 2015, 04:46:35 PM
 #5
Quote from: LaudaM on May 04, 2015, 04:43:51 PM
Where did you find this? Has the trading begun?
Could you give me an exact link?

I think you are looking for this: http://www.otcmarkets.com/stock/GBTC/quote
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May 04, 2015, 04:47:38 PM
 #6
http://www.otcmarkets.com/stock/GBTC/quote   <trading delayed 15 min..
check twitter $GBTC
https://twitter.com/alansilbert/status/595254503542099968
check reddit:
https://www.reddit.com/r/Bitcoin/comments/34u37i/first_gbtc_ask_posted_seller_wants_440_btc/
$MAID & $BTC other than that some short hodls and some long held garbage.
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May 04, 2015, 04:49:46 PM
 #7
Quote from: jasemoney on May 04, 2015, 04:47:38 PM
http://www.otcmarkets.com/stock/GBTC/quote   <trading delayed 15 min..
check twitter $GBTC
https://twitter.com/alansilbert/status/595254503542099968
check reddit:
https://www.reddit.com/r/Bitcoin/comments/34u37i/first_gbtc_ask_posted_seller_wants_440_btc/


EXCELLENT!!!
Fabulous!!!!
Unbelievable!!!

You have no idea how ecstatic I feel....

Imagine how I would feel if I actually knew what this is.....  Grin

So can someone explain to me what this is?
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May 04, 2015, 08:02:13 PM
 #8
Why are people so willing to pay such a premium on bitcoin and why isn't this reflecting on bitcoin's price?
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May 04, 2015, 08:16:35 PM
 #9
I had a feeling this would give the price a decent pump.
Not yet though it seems.....
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Alley
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May 04, 2015, 08:19:47 PM
 #10
Investment brokers can't just buy bitcoins for there clients.  If a client wants part of there IRA in bitcoin this is the only way to do it until a true etf like COIN.
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May 04, 2015, 08:20:36 PM
 #11
Quote from: LFC_Bitcoin on May 04, 2015, 08:16:35 PM
I had a feeling this would give the price a decent pump.
Not yet though it seems.....
Well you have to look at the volume (if this is correct). It is 763, or as I would call it peanuts.
It isn't going to make a difference just yet.
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May 04, 2015, 08:27:04 PM
 #12
Quote from: pedrog on May 04, 2015, 08:02:13 PM
Why are people so willing to pay such a premium on bitcoin and why isn't this reflecting on bitcoin's price?

There's a ~15% spread so I doubt even a single trade went off.
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May 04, 2015, 08:54:52 PM
 #13
Volume would of been higher but there are no more asks.  There's a 1.7 million dollar bid waiting to be filled for $35 a share.
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May 05, 2015, 04:36:53 PM
 #14
Quote from: Alley on May 04, 2015, 08:54:52 PM
Volume would of been higher but there are no more asks.  There's a 1.7 million dollar bid waiting to be filled for $35 a share.

Could that mean that people don't want to sell at that price tag? If so, why the price is so lower in the known exchanges?
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May 05, 2015, 07:48:46 PM
 #15
I think a lot of people are hesitant of buying in, Bitcoin is in an interesting state right now, but not exactly good for speculators (imo)
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