Bitcoin Forum
April 25, 2024, 04:56:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 [65] 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 »
  Print  
Author Topic: GBTC Bitcoin Investment Trust Observer  (Read 262322 times)
8up
Hero Member
*****
Offline Offline

Activity: 618
Merit: 500



View Profile
April 17, 2015, 10:22:14 AM
 #1281

Besides you don't know, if our trusted volume exchanges (I look at you china) are not cheating on us. As long as there is not enough transparency, we should not rule out anything.

Always wrong until not.
1714064216
Hero Member
*
Offline Offline

Posts: 1714064216

View Profile Personal Message (Offline)

Ignore
1714064216
Reply with quote  #2

1714064216
Report to moderator
1714064216
Hero Member
*
Offline Offline

Posts: 1714064216

View Profile Personal Message (Offline)

Ignore
1714064216
Reply with quote  #2

1714064216
Report to moderator
Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714064216
Hero Member
*
Offline Offline

Posts: 1714064216

View Profile Personal Message (Offline)

Ignore
1714064216
Reply with quote  #2

1714064216
Report to moderator
1714064216
Hero Member
*
Offline Offline

Posts: 1714064216

View Profile Personal Message (Offline)

Ignore
1714064216
Reply with quote  #2

1714064216
Report to moderator
1714064216
Hero Member
*
Offline Offline

Posts: 1714064216

View Profile Personal Message (Offline)

Ignore
1714064216
Reply with quote  #2

1714064216
Report to moderator
phoenix1
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
April 17, 2015, 11:29:15 AM
 #1282

2 more bids posted for $40 share.

Question is, at what volume to we start to take these prices, let alone the 'ETF', seriously? Not Joking
If someone is willing to pay $400 for 10BTC (100 shares) with the market at $226, who gives a shit? He's an idiot


A $40 bid on 100 shares means they are paying $4000 for 10 BTC, so I assume that was a typo. Smiley I do agree with your concerns regarding liquidity. It will be interesting to see how well it tracks the price once it starts trading.

Not a typo - I was saying that that a bid of $40 for 100 shares translates to $400/coin for a whopping 10BTC. Sorry if not clear  Wink

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
coinableS
Legendary
*
Offline Offline

Activity: 1442
Merit: 1179



View Profile WWW
April 17, 2015, 07:27:23 PM
 #1283

Updated.

Code:
Puma Capital, LLC		   100	40.00
Maxim Group LLC        100  40.00
Canaccord Genuity Inc    100 37.50
Citadel Securities    100 36.00
KCG Americas LLC    100 35.55                   
Wedbush Securities Inc    100 31.50
Cantor Fitzgerald & Co             100  25.00
Merriman Curhan Ford & Co    100 20.00
Wall Street Access                 100  20.00



2 bids for 400 per coin. Woohoo!

Ueavt
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
April 17, 2015, 07:31:06 PM
 #1284

Updated.

Code:
Puma Capital, LLC		   100	40.00
Maxim Group LLC     100  40.00
Canaccord Genuity Inc   100 37.50
Citadel Securities   100 36.00
KCG Americas LLC   100 35.55                  
Wedbush Securities Inc   100 31.50
Cantor Fitzgerald & Co             100  25.00
Merriman Curhan Ford & Co   100 20.00
Wall Street Access                 100  20.00



2 bids for 400 per coin. Woohoo!

And they only want 20 bitcoins, this must be huge for the entire exchange market!
Time to move your bid orders from sub $200 to $400 Smiley
Bitcoinreminder.com
Sr. Member
****
Offline Offline

Activity: 240
Merit: 250


View Profile
April 23, 2015, 01:27:42 PM
 #1285

Bahh... So boring... Are there any news about GBTC?
Kupsi
Legendary
*
Offline Offline

Activity: 1193
Merit: 1003


9.9.2012: I predict that single digits... <- FAIL


View Profile
April 23, 2015, 03:24:22 PM
 #1286

Are there any news about GBTC?

Grayscale is hiring.
Alley
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
April 23, 2015, 04:44:54 PM
 #1287

Been almost 4 weeks since announcement.  I can't believe in this age it takes this long to transfer sellers shares.
Bitcoinreminder.com
Sr. Member
****
Offline Offline

Activity: 240
Merit: 250


View Profile
April 23, 2015, 04:45:57 PM
 #1288

Yeah.. And I'm getting tired of these "2 weeks tm" jokes..  Roll Eyes
jehst
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

21 million. I want them all.


View Profile
April 23, 2015, 07:20:23 PM
Last edit: April 23, 2015, 07:36:00 PM by jehst
 #1289

Been almost 4 weeks since announcement.  I can't believe in this age it takes this long to transfer sellers shares.

Picture some office in New York City piled high with papers with a few guys in there who totally don't give a shit about any of these company shares talking about sports and taking frequent smoke breaks.

It takes up to 6+ weeks to transfer shares so that we can integrate bitcoin into this shit, prehistoric system.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
ensurance982
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Trust me!


View Profile
April 23, 2015, 08:43:38 PM
 #1290

Been almost 4 weeks since announcement.  I can't believe in this age it takes this long to transfer sellers shares.

Picture some office in New York City piled high with papers with a few guys in there who totally don't give a shit about any of these company shares talking about sports and taking frequent smoke breaks.

It takes up to 6+ weeks to transfer shares so that we can integrate bitcoin into this shit, prehistoric system.

Yeah but this time it really is the fault of people dealing with this professionally, and not some amateurs who are promising the delivery of their mining gear within the next two weeks(TM). I at least expect from them that they pull through with the work within a reasonable amount of time.

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


A pumpkin mines 27 hours a night


View Profile
April 23, 2015, 10:23:44 PM
 #1291

2 more bids posted for $40 share.

Question is, at what volume to we start to take these prices, let alone the 'ETF', seriously? Not Joking
If someone is willing to pay $400 for 10BTC (100 shares) with the market at $226, who gives a shit? He's an idiot


A $40 bid on 100 shares means they are paying $4000 for 10 BTC, so I assume that was a typo. Smiley I do agree with your concerns regarding liquidity. It will be interesting to see how well it tracks the price once it starts trading.

Not a typo - I was saying that that a bid of $40 for 100 shares translates to $400/coin for a whopping 10BTC. Sorry if not clear  Wink


Still, it would be very interesting to see these shares trade above current BTC spot prices. Most of the bids are low volume, sure, but it will still be a historic moment for BTC when the first shares changed hands.

I should have gotten into Bitcoin back in 1992...
BitAddict
Legendary
*
Offline Offline

Activity: 1190
Merit: 1001



View Profile
April 24, 2015, 09:01:05 AM
 #1292

2 more bids posted for $40 share.

Question is, at what volume to we start to take these prices, let alone the 'ETF', seriously? Not Joking
If someone is willing to pay $400 for 10BTC (100 shares) with the market at $226, who gives a shit? He's an idiot


A $40 bid on 100 shares means they are paying $4000 for 10 BTC, so I assume that was a typo. Smiley I do agree with your concerns regarding liquidity. It will be interesting to see how well it tracks the price once it starts trading.

Not a typo - I was saying that that a bid of $40 for 100 shares translates to $400/coin for a whopping 10BTC. Sorry if not clear  Wink


Still, it would be very interesting to see these shares trade above current BTC spot prices. Most of the bids are low volume, sure, but it will still be a historic moment for BTC when the first shares changed hands.

Yes... It will be a historical moment because most of those bidders are probably noobs thinking they are bargaining a whole bitcoin at $40.... They will get crushed in seconds, -50% instant loss... Great!
JorgeStolfi
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1003



View Profile
April 24, 2015, 09:38:09 AM
 #1293

Yes... It will be a historical moment because most of those bidders are probably noobs thinking they are bargaining a whole bitcoin at $40.... They will get crushed in seconds, -50% instant loss... Great!

Those "bids", all for exactly 100 shares, cannot be real bids from end investors.  They must be only token amounts that the level-2 brokers entered only to have their names listed on that page.

The lower-tier brokers, if they care to keep their clients,  should be telling them to wait until trading starts before buying in.

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


A pumpkin mines 27 hours a night


View Profile
April 24, 2015, 11:24:29 AM
 #1294

2 more bids posted for $40 share.

Question is, at what volume to we start to take these prices, let alone the 'ETF', seriously? Not Joking
If someone is willing to pay $400 for 10BTC (100 shares) with the market at $226, who gives a shit? He's an idiot


A $40 bid on 100 shares means they are paying $4000 for 10 BTC, so I assume that was a typo. Smiley I do agree with your concerns regarding liquidity. It will be interesting to see how well it tracks the price once it starts trading.

Not a typo - I was saying that that a bid of $40 for 100 shares translates to $400/coin for a whopping 10BTC. Sorry if not clear  Wink


Still, it would be very interesting to see these shares trade above current BTC spot prices. Most of the bids are low volume, sure, but it will still be a historic moment for BTC when the first shares changed hands.

Yes... It will be a historical moment because most of those bidders are probably noobs thinking they are bargaining a whole bitcoin at $40.... They will get crushed in seconds, -50% instant loss... Great!

It doesn't matter at what price they change hands, the only thing that matters is that those shares of first shares traded it in such a way. I don't really think that those bids are done by mistake. Either they are just token bids, or someone just wants the first shares Smiley

I should have gotten into Bitcoin back in 1992...
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
April 24, 2015, 02:46:15 PM
 #1295

So... when do people think GBTC shares will actually go for sale? For some reason I got the impression it was going to be yesterday/today.
BitAddict
Legendary
*
Offline Offline

Activity: 1190
Merit: 1001



View Profile
April 24, 2015, 03:59:49 PM
 #1296

Yes... It will be a historical moment because most of those bidders are probably noobs thinking they are bargaining a whole bitcoin at $40.... They will get crushed in seconds, -50% instant loss... Great!

Those "bids", all for exactly 100 shares, cannot be real bids from end investors.  They must be only token amounts that the level-2 brokers entered only to have their names listed on that page.

The lower-tier brokers, if they care to keep their clients,  should be telling them to wait until trading starts before buying in.

Good point!
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


A pumpkin mines 27 hours a night


View Profile
April 24, 2015, 05:15:26 PM
 #1297

So... when do people think GBTC shares will actually go for sale? For some reason I got the impression it was going to be yesterday/today.

It looks like no one really knows an answer. All we can do at this point is guess and trust people who have some experience in this field. I think it should happen within the next month, but I'm really not familiar with the processes required for such a trade.

I should have gotten into Bitcoin back in 1992...
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
April 24, 2015, 09:32:35 PM
 #1298

So... when do people think GBTC shares will actually go for sale? For some reason I got the impression it was going to be yesterday/today.

It looks like no one really knows an answer. All we can do at this point is guess and trust people who have some experience in this field. I think it should happen within the next month, but I'm really not familiar with the processes required for such a trade.

Sounds like they can be sold any minute now!

https://twitter.com/GrayscaleInvest/status/591713454400139265
jehst
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000

21 million. I want them all.


View Profile
April 24, 2015, 09:37:50 PM
 #1299

So... when do people think GBTC shares will actually go for sale? For some reason I got the impression it was going to be yesterday/today.

It looks like no one really knows an answer. All we can do at this point is guess and trust people who have some experience in this field. I think it should happen within the next month, but I'm really not familiar with the processes required for such a trade.

Sounds like they can be sold any minute now!

https://twitter.com/GrayscaleInvest/status/591713454400139265

If you check bitcoinwisdom, you can see that the market doesn't give a shit about this. And for good reason.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
April 24, 2015, 09:39:42 PM
 #1300

So... when do people think GBTC shares will actually go for sale? For some reason I got the impression it was going to be yesterday/today.

It looks like no one really knows an answer. All we can do at this point is guess and trust people who have some experience in this field. I think it should happen within the next month, but I'm really not familiar with the processes required for such a trade.

Sounds like they can be sold any minute now!

https://twitter.com/GrayscaleInvest/status/591713454400139265

If you check bitcoinwisdom, you can see that the market doesn't give a shit about this. And for good reason.

I'd give it a week before concluding what the market thinks about this.
Pages: « 1 ... 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 [65] 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!