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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Tzupy
Legendary
 Offline
Activity: 2128
Merit: 1074
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May 05, 2015, 09:37:55 PM |
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I have a question about GBTC: If you buy a share, can you convert it to real bitcoin? (Maybe it sounds stupid, but I think it's important and not obvious because of this trend with "advanced trading assets" and other shit talk) EDIT: And I support "The List" 100%! That's what I believe too. That if you actually buy a share you actually buy the equivalent BTC amount. I don't have an account there, but I believe there should be an option to get your BTCs out if you'd like... I think you buy bitcoin IOUs, just as on exchanges. The difference is that you can buy BTC IOU on exchanges for 235$ and then request a withdrawal of your real BTC. |
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Norway
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May 05, 2015, 09:42:41 PM
Last edit: May 05, 2015, 09:54:40 PM by Norway |
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I have a question about GBTC: If you buy a share, can you convert it to real bitcoin? (Maybe it sounds stupid, but I think it's important and not obvious because of this trend with "advanced trading assets" and other shit talk) EDIT: And I support "The List" 100%! That's what I believe too. That if you actually buy a share you actually buy the equivalent BTC amount. I don't have an account there, but I believe there should be an option to get your BTCs out if you'd like... Well, it must be true, right? I don't know, but the alternative is actually to lock an asset to a sandbox / black hole. Where it could never be used. And that doesn't make any sense. At the same time, I know these "investment vehicles" has gone crazy. Anyway, I'll repeat my link to the potential bitcoin buyers when Nasdaq Stockholm trades it 18th of may. http://www.nasdaqomx.com/transactions/markets/nordic/membership/membership-listsAnd that time, there is no limit on "matured shares" (Poor bitcoins in jail for 1 year)  |
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ejinte
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May 05, 2015, 09:54:02 PM |
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Just bought BTC2.55051
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 05, 2015, 09:58:26 PM |
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Wolf Rainer
Legendary
Offline
Activity: 1960
Merit: 1022
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May 05, 2015, 10:16:32 PM |
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Btc-e is going crazy. 238.
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YourMother
Legendary
Offline
Activity: 1281
Merit: 1046
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May 05, 2015, 10:18:50 PM |
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  It looks like bitcoin developed a great anti-pump mechanism. No matter how many great news and tons of cash you throw at it, it never fails to go down on its path, and that is to the bottom of the ocean. Good... You can keep lying to yourself, but in the era of speed and connectivity that we live in, where game changing technologies are being mass adopted in a very short amount of time, you have "the greatest tool of transferring money", which already can take advantage of the biggest infrastructures on earth, and yet you see it crawling like a leech and failing every time. Can't wait for the 7th year anniversary. |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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May 05, 2015, 10:20:56 PM |
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Btc-e is going crazy. 238.
They're not going crazy, they're going sane. |
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Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
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May 05, 2015, 10:23:14 PM |
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This guy is from Norway. Sadly, he died... Just kidding. He survived with his paraglider  When you're a slave to these high risk passions, things like this are bound to happen. I don't feel bad for those that engage in stupidity. |
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Chainsaw
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May 05, 2015, 10:26:14 PM |
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I SS'ed the $95 sale. If they are mathematically outliers or volume is low enough they may not appear in price history, because OTC. I can absolutely confirm we did not fill any Asks at or above $133.7 today  |
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ejinte
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May 05, 2015, 10:39:56 PM |
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everyone told you that ripple is shit and you didn't listen. |
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Alley
Legendary
Offline
Activity: 910
Merit: 1000
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May 05, 2015, 10:41:29 PM |
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Isn't coinbase the only USA exchange? And there compliant. Ripple is shit.
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luigi1111
Legendary
Offline
Activity: 1105
Merit: 1000
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May 05, 2015, 10:45:35 PM |
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I have a question about GBTC: If you buy a share, can you convert it to real bitcoin? (Maybe it sounds stupid, but I think it's important and not obvious because of this trend with "advanced trading assets" and other shit talk) EDIT: And I support "The List" 100%! That's what I believe too. That if you actually buy a share you actually buy the equivalent BTC amount. I don't have an account there, but I believe there should be an option to get your BTCs out if you'd like... 1 share doesn't continually represent .1 BTC, as there are fees. You can redeem in baskets of 100 shares (though I saw in one place that the "Authorized Participant" is not accepted redemption requests right now). |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 05, 2015, 10:58:01 PM |
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Cconvert2G36
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May 05, 2015, 11:01:26 PM |
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Lamb is risen... and he's PISSED.  Healthy bid side on ze finex. |
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Norway
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May 05, 2015, 11:03:45 PM |
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This guy is from Norway. Sadly, he died... Just kidding. He survived with his paraglider When you're a slave to these high risk passions, things like this are bound to happen. I don't feel bad for those that engage in stupidity. Actually, I agree with your point. But he survived! He has a parashoot on his back, and he managed to survive. EDIT: But yeah! Fuck them! What are they trying to prove? |
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Wary
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May 05, 2015, 11:10:41 PM |
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Are these the capital controls that's supposed to make greeks look at Bitcoin? Well, its not like the greeks really have heard of Bitcoin anyway. Except in finance minister Yanis Varoufakis' april fools joke. Irony is a bitch! Edit: This is brewing to be The Perfect Storm! Cyprus was too early, Greece is probably still too early. We need another couple of years. For a financial crisis to boost bitcoin to the moon we need: a) bitcoiners must develop mature bitcoin ecosystem b) governments must provide the crisis Both sides are working hard on their respective parts  |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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May 05, 2015, 11:14:52 PM |
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I have a question about GBTC: If you buy a share, can you convert it to real bitcoin? (Maybe it sounds stupid, but I think it's important and not obvious because of this trend with "advanced trading assets" and other shit talk) EDIT: And I support "The List" 100%! That's what I believe too. That if you actually buy a share you actually buy the equivalent BTC amount. I don't have an account there, but I believe there should be an option to get your BTCs out if you'd like... 1 share doesn't continually represent .1 BTC, as there are fees. You can redeem in baskets of 100 shares (though I saw in one place that the "Authorized Participant" is not accepted redemption requests right now). Do we know what these fee's are? |
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Kupsi
Legendary
Offline
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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May 05, 2015, 11:20:43 PM |
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I have a question about GBTC: If you buy a share, can you convert it to real bitcoin? (Maybe it sounds stupid, but I think it's important and not obvious because of this trend with "advanced trading assets" and other shit talk) EDIT: And I support "The List" 100%! That's what I believe too. That if you actually buy a share you actually buy the equivalent BTC amount. I don't have an account there, but I believe there should be an option to get your BTCs out if you'd like... 1 share doesn't continually represent .1 BTC, as there are fees. You can redeem in baskets of 100 shares (though I saw in one place that the "Authorized Participant" is not accepted redemption requests right now). Do we know what these fee's are? 2% a year. Starting at September 24, 2013. |
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