GBTC spread to all other BTC exchanges

[BlackJacky]

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

[CoinHopper]

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.

[Bitcoinpro]

GBTC  is a stock price for a trust it's value I $130 dollars

[RealBitcoin]

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.

[Bitcoinpro]

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

[RealBitcoin]

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.

[Bitcoinpro]

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

[mayax]

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?       

[RealBitcoin]

what does create the so called "bitcoin economy"? the black market, the HYIPs?       

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.