KncMiner XBT: 285 BTC traded at 285.38$ !

[Shiver]

So if the Volume equates to more than the BTC mined per day, does that mean we can put to bed the idea of the market having to soak up 3600 coins a day?

[1715477848]

1715477848

[1715477848]

1715477848

[JorgeStolfi]

Looks like a big seller, most likely KNC, sat right at 9.73/XBT all day on the ask.  Which pretty much capped the price.  Interesting why they wouldn't try to get some sort of BTC premium like GBTC was getting.

Perhaps because arbitrage is possible with these notes, but not with BIT shares?

[elux]

Looks like a big seller, most likely KNC, sat right at 9.73/XBT all day on the ask.  Which pretty much capped the price.  
Interesting why they wouldn't try to get some sort of BTC premium like GBTC was getting.

The ETN is supposed to track the value of the underlying asset (Bitcoin).

I tried it today...

XBT Provider ETN is live and listed on NASDAQ OMX Stockholm as of today.

I just bought me a Bitcoin, via my brokerage account,
with one click, with no signup, with no delay.

Pretty sweet.

200 shares of XBT tracker ≈ one Bitcoin.

Some of the best things about this:

There's no hassle and worry about security.

It's instant.

It tracks the price faithfully.

I'd say this is easily the best way to get exposure to Bitcoin.

So, yeah. I'll definitely recommend this to people.

The only "bad" thing is... The Winklewii got scooped. Again.

10/10

[JorgeStolfi]

It tracks the price faithfully.

Well, minus the fee (2.5 %/year, compounded).

[klee]

Looks like a big seller, most likely KNC, sat right at 9.73/XBT all day on the ask.  Which pretty much capped the price.  
Interesting why they wouldn't try to get some sort of BTC premium like GBTC was getting.

The ETN is supposed to track the value of the underlying asset (Bitcoin).

I tried it today...

XBT Provider ETN is live and listed on NASDAQ OMX Stockholm as of today.

I just bought me a Bitcoin, via my brokerage account,
with one click, with no signup, with no delay.

Pretty sweet.

200 shares of XBT tracker ≈ one Bitcoin.

Some of the best things about this:

There's no hassle and worry about security.

It's instant.

It tracks the price faithfully.

I'd say this is easily the best way to get exposure to Bitcoin.

So, yeah. I'll definitely recommend this to people.

The only "bad" thing is... The Winklewii got scooped. Again.

10/10

Them + Lawsky = Murican way

[elux]

It tracks the price faithfully.

Well, minus the fee (2.5 %/year, compounded).

It's still a good trade-off for anyone who values their time.

No worrying about getting a dedicated computer & paperwallet & setting up m-of-n keys, in multiple physical locations.

The most important thing is to get in before 21. Inc starts shipping hardware wallets in millions of Qualcomm and Intel consumer devices.

I cried about 10-15% fees when Bitcoin was trading in the single digits.

At the bottom of the hype cycle.

But I got in. And it turns out the most important thing was getting in.

Getting Bitcoins was hard. Still is. Most people used to give up somewhere along the way.

This open the door for millions of people. Bitcoin exposure with a click.

The significance of the XBT Provider ETN will only become apparent with time.

It's a liquidity sink. Draining supply out of the market. And Bitcoins are scarce. So...

Stolfi, you should should get some.

[Sitarow]

http://www.netfonds.se/quotes/tradelog.php?paper=BITCOIN-XBT.ST

AVA = Avanza Bank AB
NON = Nordnet Bank AB

1Trades in Bitcoin Tracker One XBT Provider (Bitcoin XBT)
Volume total:   189733
Last updated: Monday, May 18 17:00

Kl   Volume   Course   Source   Buy   Sell
16:43:25   20       9.71   Autostrade   AVA   NON
16:35:19   10       9.71   Autostrade   AVA   NON
16:20:52   2       9.71   Autostrade   AVA   NON
16:12:29   20       9.69   Autostrade   NON   AVA
16:10:14   1000       9.71   Autostrade   AVA   NON
16:06:45   100       9.72   Autostrade   AVA   NON
16:04:06   200       9.72   Autostrade   AVA   NON
15:55:27   135       9.72   Autostrade   NON   NON
15:54:40   1000       9.72   Autostrade   NON   NON
15:46:13   200       9.72   Autostrade   AVA   NON
15:29:11   500       9.71   Autostrade   AVA   NON
15:27:37   2500       9.71   Autostrade   AVA   NON
15:27:12   1000       9.71   Autostrade   AVA   NON
15:26:45   200       9.71   Autostrade   AVA   NON
14:54:52   1063       9.70   Autostrade   NON   NON
14:46:45   1000       9.72   Autostrade   NDS   NON
14:44:04   92       9.72   Autostrade   NON   NON
14:43:05   100       9.72   Autostrade   AVA   NON
14:40:39   1000       9.72   Autostrade   AVA   NON
14:38:32   3000       9.72   Autostrade   AVA   NON
14:38:01   500       9.71   Autostrade   NON   NON
14:37:54   230       9.72   Autostrade   AVA   NON
14:29:06   100       9.73   Autostrade   AVA   NON
14:26:47   100       9.73   Autostrade   NON   NON
14:21:11   2000       9.73   Autostrade   NON   NON
14:19:20   100       9.73   Autostrade   AVA   NON
14:03:23   1000       9.73   Autostrade   AVA   NON
13:57:19   16       9.72   Autostrade   AVA   NON
13:51:10   500       9.72   Autostrade   SWB   NON
13:43:24   60       9.72   Autostrade   NON   NON
13:41:25   100       9.72   Autostrade   AVA   NON
13:36:56   437       9.70   Autostrade   NON   MGF
13:36:39   1100       9.70   Autostrade   NON   MGF
13:35:29   10       9.70   Autostrade   AVA   MGF
13:31:13   20       9.70   Autostrade   AVA   NON
13:22:26   33       9.66   Autostrade   NDS   NON
13:21:41   24967       9.66   Autostrade   NDS   NON
13:21:41   1033       9.66   Autostrade   SWB   NON
13:15:10   200       9.67   Autostrade   NON   NON
13:12:45   500       9.67   Autostrade   NON   NON
13:08:27   500       9.67   Autostrade   NON   NON
13:01:38   500       9.69   Autostrade   AVA   MGF
12:53:05   50       9.67   Autostrade   AVA   NON
12:38:57   20       9.68   Autostrade   AVA   NON
12:35:29   100       9.66   Autostrade   NON   AVA
12:32:37   42       9.67   Autostrade   NON   NON
12:29:25   10000       9.67   Autostrade   AVA   NON
12:26:22   1095       9.67   Autostrade   NON   NON
12:21:38   7       9.67   Autostrade   AVA   NON
12:21:38   10000       9.67   Autostrade   NON   NON
12:20:16   100       9.69   Autostrade   AVA   MGF
12:18:41   100       9.69   Autostrade   AVA   MGF
12:13:45   1000       9.68   Autostrade   AVA   NON
12:03:58   50000       9.68   Autostrade   NDS   NON
11:57:00   3000       9.69   Autostrade   NON   NON
11:56:19   1000       9.68   Autostrade   NON   NON
11:43:31   200       9.68   Autostrade   AVA   NON
11:39:06   702       9.67   Autostrade   AVA   NON
11:34:57   2000       9.66   Autostrade   AVA   NON
11:34:57   100       9.66   Autostrade   NON   NON
11:29:10   1000       9.66   Autostrade   AVA   NON
11:26:17   100       9.68   Autostrade   NON   NON
11:24:32   100       9.68   Autostrade   NON   NON
11:21:09   100       9.68   Autostrade   AVA   NON
11:20:55   100       9.68   Autostrade   AVA   NON
11:19:15   100       9.68   Autostrade   AVA   NON
11:19:08   517       9.68   Autostrade   AVA   NON
11:14:29   100       9.67   Autostrade   SBN   NON
11:08:14   170       9.67   Autostrade   NON   NON
11:06:53   2000       9.68   Autostrade   AVA   NON
11:04:14   100       9.68   Autostrade   NON   NON
10:59:10   5, 000       9.68   Autostrade   CAD   NON
10:57:23   50       9.68   Autostrade   AVA   NON
10:52:58   100       9.68   Autostrade   AVA   NON
10:51:52   1000       9.68   Autostrade   NON   NON
10:47:49   199       9.68   Autostrade   NON   NON
10:47:13   20       9.68   Autostrade   AVA   NON
10:46:35   10000       9.68   Autostrade   NDS   NON
10:34:37   200       9.68   Autostrade   AVA   NON
10:33:59   1000       9.68   Autostrade   AVA   NON
10:33:35   100       9.68   Autostrade   AVA   NON
10:29:27   5150       9.66   Autostrade   NON   NON
10:29:23   1000       9.67   Autostrade   AVA   NON
10:28:30   500       9.68   Autostrade   AVA   NON
10:26:40   100       9.68   Autostrade   AVA   NON
10:18:17   300       9.68   Autostrade   NON   NON
10:17:01   5, 000       9.68   Autostrade   NON   NON
10:10:06   50       9.69   Autostrade   AVA   MGF
10:09:22   41       9.68   Autostrade   AVA   NON
10:02:54   100       9.69   Autostrade   AVA   MGF
9:49:00   500       9.69   Autostrade   AVA   MGF
9:42:18   200       9.69   Autostrade   NON   NON
9:40:42   300       9.69   Autostrade   AVA   MGF
9:37:27   100       9.69   Autostrade   AVA   MGF
9:35:45   1500       9.69   Autostrade   AVA   MGF
9:33:24   1000       9.69   Autostrade   AVA   MGF
9:30:41   100       9.69   Autostrade   NON   MGF
9:25:12   800       9.69   Autostrade   NON   MGF
9:19:40   9       9.69   Autostrade   AVA   MGF
9:16:39   5, 000       9.69   Autostrade   NON   MGF
9:16:35   4       9.69   Autostrade   NON   MGF
9:14:52   30       9.69   Autostrade   AVA   MGF
9:10:41   500       9.69   Autostrade   AVA   MGF
9:05:48   10000       9.69   Autostrade   AVA   MGF
9:04:56   300       9.69   Autostrade   AVA   MGF
9:04:17   500       9.69   Autostrade   AVA   MGF
9:04:13   550       9.69   Autostrade   NON   MGF
9:04:12   10       9.69   Autostrade   AVA   MGF
9:01:45   500       9.69   Autostrade   AVA   MGF
9:01:37   20       9.69   Autostrade   AVA   MGF
9:00:30   2525       9.69   Autostrade   NON   MGF
9:00:30   15       9.69   Autostrade   AVA   MGF
9:00:30   1000       9.69   Autostrade   AVA   MGF
9:00:30   700       9.69   Autostrade   NON   MGF
9:00:30   509       9.69   Autostrade   AVA   MGF
9:00:30   400       9.69   Autostrade   AVA   MGF
9:00:30   150       9.69   Autostrade   NON   MGF
9:00:30   350       9.69   Autostrade   NON   MGF
9:00:30   1200       9.69   Autostrade   AVA   MGF

[gotmilk_]

Where can we see how many notes is currently in circulation?

[Fiat_Hodler]

Bargain prices. Putting GBTC out of business since 2015 

[Xialla]

once I noticed KFCminer in OP, I slowly start crying and hitting hands to desk..don't do this again please.)

[klee]

Demand is clearly in control in sharp contrast to the GBTC.

[Searing]

once I noticed KFCminer in OP, I slowly start crying and hitting hands to desk..don't do this again please.)

yep they are gonna take everyones money ..not just me and my no refund no roi 1st batch 3 month late 1st batch Titan 300mh....yep Sam Cole wants ALL THE
MONEY for knc......oh just to make you cry more (and destroy your keyboard) they will likely announce any day their PRIVATE IPO 16nm data hall in Iceland going
LIVE... Sam Cole of KNCminer has already said by end of 2016 they want to control 40% of ALL bitcoin mining


sheesh.......what a company went from nun (2013) to porn star (2014) for the money ...quicker then your hat could hit the floor......

gonna really hate hearing about these guys now and in the future....(ack!)

[GA]

Searing: reference for that Sam Cole quote please? It's really boring to read you repeating that mantra again and again on any forum you can find.

[Searing]

Searing: reference for that Sam Cole quote please? It's really boring to read you repeating that mantra again and again on any forum you can find.

here is the 20% of all mining quote before the 16nm tape out was announced...will continue to look for the other interview where he "up'd' the stakes to 40%
with the big IPO infux of $$$ this last spring

http://bitcoinist.net/knc-miners-announces-20mw-data-center-near-the-arctic-circle-after-turning-backs-on-their-customers/


again this was for the 1st round of IPO

http://www.moneyweb.co.za/uncategorized/bitcoin-miner-ditches-clients-to-chase-2bn-coding/

I"m sure someplace they up'd it for the 2nd round most recent IPO that is where I heard the 40% figure as the next goal

will continue to look ...maybe it was a 'translated from Swedish page' ah well good to have a goal

[GA]

So why are you repeating the 40%-thing, when he said 20%?

[lyth0s]

Anyone know what the trade volume was at the end of 5/18/15?

[Searing]

So why are you repeating the 40%-thing, when he said 20%?

the 20% was the 1st level round of IPO money

the 40% was quoted after the last round of IPO money..the bigger 2nd round of IPO money

now not sure if KNC is gonna cloud host anymore..but I'll find the link it was an interview
is what I remember and was a result of what bitfury wanted to control and Sam Cole
said this in the interview...

anyway will finally have the goal of looking thru my bookmarks I never sort to find this

unless it disappeared with the knc forum and cloud mining pages

whatever KNC is determined to have a piece of pie in a lot

wallets
cloud hosting
IPO of 20% or more of bitcoin mining
the new stock traded on swedish stock exhchange mostly backed by KNC money
further IPO development $$$ for next gen after 16nm data halls

anyway I'll dig it up if it still is out there as an interview...I just can't remember if
it was translated or not and/or if it included cloud hashing (which may not even be an option of the IPO anymore)

anyway old Sam Cole and KNC seems to not be in any kind of trouble of any kind bitcoin wise.....heh

[GA]

So why are you repeating the 40%-thing, when he said 20%?

the 20% was the 1st level round of IPO money

the 40% was quoted after the last round of IPO money..the bigger 2nd round of IPO money

Well, as an investor I'm interested in facts, not made-up statements, so a reference/source of some kind would be appreciated, otherwise I'd say you're just trolling. And in any case; all large miners have goals, that doesn't mean they can just "switch on" any desirable hashrate, it's a race - remember.

[Kupsi]

Anyone know what the trade volume was at the end of 5/18/15?

189,783 shares.

~ 948,9 BTC.

[hprna]

day 1 history : 949 BTC (189783 shares) traded at 232.84$
day 2 updated