RHCwebhosting
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March 29, 2014, 04:43:43 AM |
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Looks like Wall Street is buying all your coins up for cheap
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stylin
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March 29, 2014, 05:02:04 AM |
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Yes, they are locked in on that particular trade now. With that much money and more to spend, wall st getting in this game is just easy profits
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segeln
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March 31, 2014, 01:30:20 PM |
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All figures are openly available.
I can not find the figures on the Website. or do you have acces to it being an Investor?
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jl2012 (OP)
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Activity: 1792
Merit: 1111
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March 31, 2014, 01:41:21 PM |
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All figures are openly available.
I can not find the figures on the Website. or do you have acces to it being an Investor? They update everyday and remove the data of the last day
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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segeln
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March 31, 2014, 07:22:39 PM |
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All figures are openly available.
I can not find the figures on the Website. or do you have acces to it being an Investor? They update everyday and remove the data of the last day Thanks again, though I do not understand how do figure the selling of 49 BTC as of 28 Mar 2014
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Keyser Soze
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March 31, 2014, 08:05:05 PM |
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Thanks again, though I do not understand how do figure the selling of 49 BTC as of 28 Mar 2014
The figures are estimated based on the dollar amount posted to the site daily. Once a month they post their actual BTC holdings. The amount referenced may be due to a rounding error or something similar.
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jl2012 (OP)
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April 01, 2014, 02:31:45 AM |
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All figures are openly available.
I can not find the figures on the Website. or do you have acces to it being an Investor? They update everyday and remove the data of the last day Thanks again, though I do not understand how do figure the selling of 49 BTC as of 28 Mar 2014 The formula is shown on the OP
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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Melbustus
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April 01, 2014, 04:53:21 AM |
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@jl2012 do you know where SMBIT is buying and selling? At which Exchange or OTC ?
Barry has said in interviews that they seek out early adopters and other large holders to buy from in bulk. This can likely often be done at a discount to the prevailing public market-rate.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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segeln
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April 01, 2014, 05:46:47 PM |
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@jl2012 do you know where SMBIT is buying and selling? At which Exchange or OTC ?
Barry has said in interviews that they seek out early adopters and other large holders to buy from in bulk. This can likely often be done at a discount to the prevailing public market-rate. do you have a source for the interviews,please.
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uhoh
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April 01, 2014, 06:28:22 PM |
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Surprised they're not buying tons at the moment. (thought admittedly almost 4000 in one day isn't bad)
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skivrmt
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April 01, 2014, 08:07:32 PM |
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Surprised they're not buying tons at the moment. (thought admittedly almost 4000 in one day isn't bad)
Who is "they"? They the trust, or SecondMarket doesn't decide when to buy or at what price. An investor gives them money on a particular day and they buy on that day for that price. Whether the price is up or down doesn't effect BIT's buying, they don't guess the market, only their investors.
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uhoh
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April 03, 2014, 04:35:40 PM |
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Surprised they're not buying tons at the moment. (thought admittedly almost 4000 in one day isn't bad)
Who is "they"? They the trust, or SecondMarket doesn't decide when to buy or at what price. An investor gives them money on a particular day and they buy on that day for that price. Whether the price is up or down doesn't effect BIT's buying, they don't guess the market, only their investors. Poorly worded, I agree.. but I meant on behalf of their investors. There was plenty of action last week when the price was higher.
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jl2012 (OP)
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April 03, 2014, 04:55:05 PM |
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1761XBT sold yesterday
The estimated daily holding in March 2014 is adjusted based on the latest actual holding figure
Also, please note that this is the net amount traded. They could have bought 10000XBT and sold 11761XBT yesterday
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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windjc
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April 03, 2014, 05:15:10 PM |
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1761XBT sold yesterday
The estimated daily holding in March 2014 is adjusted based on the latest actual holding figure
Also, please note that this is the net amount traded. They could have bought 10000XBT and sold 11761XBT yesterday
Well, this seems somewhat significant, if only because it signals that clients can sell now and some are doing it. Is it less than we should expect for the first day or will we see a lot more? If I invested at $125, I might be happy to take profits now. Interesting times.
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N12
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April 03, 2014, 05:17:22 PM |
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Interesting. I would have thought they'd not allow net selling. This way, it's a true market now.
In how far is redemption at all "limited" then?
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windjc
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April 03, 2014, 05:18:27 PM |
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Interesting. I would have thought they'd not allow net selling. This way, it's a true market now.
Starting April 1st.
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N12
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April 03, 2014, 05:22:37 PM |
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Interesting. I would have thought they'd not allow net selling. This way, it's a true market now.
Starting April 1st. Yes, but I thought it was supposed to be "limited" in some way. I wonder whether they are selling on exchanges or rather OTC.
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chriswilmer
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April 03, 2014, 05:28:41 PM |
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Interesting. I would have thought they'd not allow net selling. This way, it's a true market now.
Starting April 1st. Yes, but I thought it was supposed to be "limited" in some way. I wonder whether they are selling on exchanges or rather OTC. It's probably all of the above, just like with buying. If you want to buy bitcoins through SecondMarket, you call them, wire the money, and then they "source" the bitcoins by any means necessary. Selling is probably the same (but in reverse).
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windjc
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April 03, 2014, 05:39:31 PM |
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Interesting. I would have thought they'd not allow net selling. This way, it's a true market now.
Starting April 1st. Yes, but I thought it was supposed to be "limited" in some way. I wonder whether they are selling on exchanges or rather OTC. Its limited to initial investors. I think all investors have a 6 month holding requirement. So the sells are from initial September investors.
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BitAddict
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April 03, 2014, 08:03:45 PM |
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Thanks OP for this interesting thread and keeping it updated. Seems a good indicator to keep in mind.
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