ChartBuddy
Legendary
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 07, 2015, 04:58:38 PM |
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adamstgBit
Legendary
Activity: 1904
Merit: 1039
Trusted Bitcoiner
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April 07, 2015, 05:02:48 PM |
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stabilizing at 256 for a while would be cool.
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tarmi
Legendary
Activity: 1232
Merit: 1011
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April 07, 2015, 05:02:52 PM |
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tarmi's right we can do it! ┗(°0°)┛
I want to see more bulls trapped actually.  |
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adamstgBit
Legendary
Activity: 1904
Merit: 1039
Trusted Bitcoiner
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April 07, 2015, 05:06:05 PM |
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tarmi's right we can do it! ┗(°0°)┛
I want to see more bulls trapped actually. when i looked at the chart this weekend, my first thought was HAHAHA tarmi's gana be pissed! but you seem ok, kinda disappointed... |
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Anotherthing
Newbie
Activity: 42
Merit: 0
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April 07, 2015, 05:07:04 PM |
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stabilizing at 256 for a while would be cool.
And how am I supposed to gamble? |
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bromide
Newbie
Activity: 43
Merit: 0
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April 07, 2015, 05:24:53 PM |
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You know what happens when price stabilizes, Adam? THIS happens. The place goes dead.
Is this what you want?
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Norway
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April 07, 2015, 05:29:25 PM |
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A new player (Maxim Group LLC) just entered GBTC @ 357.5 USD / bitcoin  |
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Natalia_AnatolioPAMM
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April 07, 2015, 05:31:16 PM |
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stabilizing at 256 for a while would be cool.
unfortunately it's not highly possible |
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sporket
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April 07, 2015, 05:33:10 PM |
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A new player (Maxim Group LLC) just entered GBTC @ 357.5 USD / bitcoin Need a tissue, bro? |
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damiano
Legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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April 07, 2015, 05:38:22 PM |
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stabilizing at 256 for a while would be cool.
And how am I supposed to gamble? Buy LEOcoin Lol |
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ensurance982
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April 07, 2015, 05:41:53 PM |
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I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
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Norway
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April 07, 2015, 05:48:36 PM |
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I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
The only reason I can see is a good arbitrage opportunity |
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ensurance982
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April 07, 2015, 05:51:29 PM |
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I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
The only reason I can see is a good arbitrage opportunity Yeah, well... It's a one-way arbitrage to be honest... They'd be out of the GBTC system and into the regular coins. They might prefer staying in that ecosystem for some reason or just don't want to go through all that hassle for 10%... If anything, this is bullish... Can't see anything bearish about it, really... |
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ensurance982
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April 07, 2015, 05:56:27 PM |
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Can I short it? Nothing against Leocoin, but I only short - I short all kind of things, always. If I can't short a thing it doesn't make me happy  Ha, awesome! It makes most sense to short those things that are supposedly those that make the least sense. Sort of the most contrarian investing there is  On leverage??? |
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Norway
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April 07, 2015, 05:57:17 PM |
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I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
The only reason I can see is a good arbitrage opportunity Yeah, well... It's a one-way arbitrage to be honest... They'd be out of the GBTC system and into the regular coins. They might prefer staying in that ecosystem for some reason or just don't want to go through all that hassle for 10%... If anything, this is bullish... Can't see anything bearish about it, really... They don't really have to get out of the system. They can just get new and fresh issued BIT stocks. (And the current arbitrage is 40%.) |
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ChartBuddy
Legendary
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 07, 2015, 05:58:35 PM |
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tomothy
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April 07, 2015, 06:02:06 PM |
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I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
The only reason I can see is a good arbitrage opportunity Yeah, well... It's a one-way arbitrage to be honest... They'd be out of the GBTC system and into the regular coins. They might prefer staying in that ecosystem for some reason or just don't want to go through all that hassle for 10%... If anything, this is bullish... Can't see anything bearish about it, really... SO, hypothetically; There could be a premium for having funds invested in a licensed OTC Market. You don't have to deal with securing your coins yet you still are screwed if the trusts coins get taken... I guess it could be more palatable to investors to understand how their funds were invested. (In the GBTC units not in some shadowy exchange). I'm assuming there could also be some sort of tax benefits for investment avenues, ira's/roths/etc? But ultimately, coins could be so much cheaper bought on the open market. Is there really enough of a premium to be getting shares in the GBTC vs some thing like coinbase? I think we will go sideways until Bitlicense is implemented and then all hell will break free. NY Ip's all get banned; DHS seizes Btc-e and Cryptsy. Then Wallstreet rolls in with their licensed ivory towers and gated communities. /Popcorn. Am I overestimating the possible impact of NY regulations? I just see it as both a significant impediment and tipping point. Thoughts? |
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kaeste
Member
Activity: 66
Merit: 10
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April 07, 2015, 06:04:03 PM |
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Can you guys exactly tell me what is GBTC, and how it's working?
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hdbuck
Legendary
Activity: 1260
Merit: 1002
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April 07, 2015, 06:05:24 PM |
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Can you guys exactly tell me what is GBTC, and how it's working?
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sporket
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April 07, 2015, 06:08:01 PM |
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Can you guys exactly tell me what is GBTC, and how it's working?
I think some toxic floor cleaner is used as a precursor & you can get girls to have sex with you if you put some in their drink. I could be thinking of something else tho. Edit @hdbuck: mediocre minds think alike. |
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