Spaceman_Spiff
Legendary
 Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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July 01, 2013, 11:39:51 PM |
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 GG, campBx now at $0.00 Someone dumped 2k coins there all the way to 0. Poor guy probably thought there was more depth. Auch ! Well, at least he made some other people very happy.... |
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Zephir
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July 01, 2013, 11:40:59 PM |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 01, 2013, 11:41:03 PM |
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GG, campBx now at $0.00 Someone dumped 2k coins there all the way to 0. Poor guy probably thought there was more depth. Auch ! Well, at least he made some other people very happy.... Not showing up at bitcoinity. |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 01, 2013, 11:41:35 PM |
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Also watching this clusterfuck isn't nearly as much fun without the lag.  |
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humanitee
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July 01, 2013, 11:46:24 PM |
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GG, campBx now at $0.00
Someone dumped 2k coins there all the way to 0. Poor guy probably thought there was more depth.
Haha! What a move! Bears hurry, now is time of the ultimate spin. BITCOIN IS WORTH $0! |
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ehoffman
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July 01, 2013, 11:50:07 PM |
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GG, campBx now at $0.00
Someone dumped 2k coins there all the way to 0. Poor guy probably thought there was more depth.
Haha! What a move! Bears hurry, now is time of the ultimate spin. BITCOIN IS WORTH $0! I'll take 1$ worth! |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 01, 2013, 11:50:08 PM |
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humanitee, you know what's irony?
The Winkledouches are actually faced with the dilemma of doing just that.
Also, where is Loaded?
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phoenix1
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July 01, 2013, 11:51:29 PM |
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Re the twins, the application talks about the issue price being a weighted average across exchanges on a particular date (27th June is stated, but I think it is for example purposes and subject to change) ... this would imply that they are backing it with their own coins to me. Trying to read thru it while watching this at the same time  It's a good read in terms of 'risk factors' ... they do a good job of explaining the pros and cons of BTC. So far to me it sounds like they want to sell paper backed by their coins and earn a fee for managing the ETF ... that there is a fee is explicitly stated ... size of basket will go down due to fees etc. Well, look on the bright side, at least they are not selling them now on the exchange ! Also states they want to create the trust as soon as possible ... that, to me, does not imply that they are planning to buy 200,000 BTC to back it - that would be a ludicrous proposition. |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 01, 2013, 11:58:02 PM |
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Well, look on the bright side, at least they are not selling them now on the exchange !
You realize that anybody who buys their security does this instead of buying Bitcoins on for example Gox? Of course one might suggest they will be propping up, which should yield pretty lulzy results in regards to volatility. Golden times folks!  |
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humanitee
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July 02, 2013, 12:00:15 AM |
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humanitee, you know what's irony?
The Winkledouches are actually faced with the dilemma of doing just that.
Also, where is Loaded?
I don't know, I miss that guy  . Maybe if we're good this year he'll ride in on Santa's sleigh. |
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ChartBuddy
Legendary
 Online
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2013, 12:01:09 AM |
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justusranvier
Legendary
Offline
Activity: 1400
Merit: 1013
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July 02, 2013, 12:01:18 AM |
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You realize that anybody who buys their security does this instead of buying Bitcoins on for example Gox? It could be the case the kind of people who are willing to buy the ETF would never have been willing to buy on Mt Gox at all. |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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July 02, 2013, 12:02:17 AM |
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MtGox's high-low is 104.8 and 102 on 27th of June. With the other exchanges being lower but not on as much volume, it's going to be a little over $100. And 200k BTC of them. Interesting.
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solex
Legendary
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Activity: 1078
Merit: 1006
100 satoshis -> ISO code
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July 02, 2013, 12:02:39 AM |
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Re the twins, the application talks about the issue price being a weighted average across exchanges on a particular date (27th June is stated, but I think it is for example purposes and subject to change) ... this would imply that they are backing it with their own coins to me. Trying to read thru it while watching this at the same time It's a good read in terms of 'risk factors' ... they do a good job of explaining the pros and cons of BTC. So far to me it sounds like they want to sell paper backed by their coins and earn a fee for managing the ETF ... that there is a fee is explicitly stated ... size of basket will go down due to fees etc. Well, look on the bright side, at least they are not selling them now on the exchange ! In their techcrunch interview they said they started buy in the "high single digits" (late 2012). So they were certainly part of the reason for the initial ramp from $10 through the old high of $31. |
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phoenix1
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July 02, 2013, 12:02:47 AM |
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Well, look on the bright side, at least they are not selling them now on the exchange !
You realize that anybody who buys their security does this instead of buying Bitcoins on for example Gox? Of course one might suggest they will be propping up, which should yield pretty lulzy results in regards to volatility. Golden times folks! Yes I do ... which basically means they are offering their coins for sale OTC ... or a paper tracker of the value of their coins to be more accurate |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 02, 2013, 12:04:06 AM |
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You realize that anybody who buys their security does this instead of buying Bitcoins on for example Gox? It could be the case the kind of people who are willing to buy the ETF would never have been willing to buy on Mt Gox at all. Nah, I don't think so. My rationale behind this: Whale sightings. |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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July 02, 2013, 12:06:27 AM |
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Wow, went for shaving and shower and drama happened |
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krudkeeper
Full Member
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Activity: 182
Merit: 100
Hodl regularly and often!
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July 02, 2013, 12:09:01 AM |
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What in the holy mother of bitcoin has happened to the price?! Wow.  |
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krudkeeper
Full Member
Offline
Activity: 182
Merit: 100
Hodl regularly and often!
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July 02, 2013, 12:12:41 AM |
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GG, campBx now at $0.00 Someone dumped 2k coins there all the way to 0. Poor guy probably thought there was more depth. How can this be? The price on CBx is in the 80's... |
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WaverleyStreet
Newbie
Offline
Activity: 14
Merit: 0
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July 02, 2013, 12:20:41 AM |
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~$60 BUCKS!!!WOW = they are clearing ALL the stops imho be careful catching a falling knife before it hits the floor!!!!!!!*pounding the table!*
>>>WTF!!!!! |
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