Alley
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December 07, 2015, 10:19:16 PM |
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What the hell is going on with this thing? Closed at $528 per coin today.
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ImI
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December 07, 2015, 10:46:22 PM |
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bring on the ETF ffs!
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mmortal03
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December 08, 2015, 07:14:30 AM |
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What the hell is going on with this thing? Closed at $528 per coin today.
Yeah, it's the biggest positive spread versus the BTC market price since May 17th.
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Cconvert2G36
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December 08, 2015, 07:42:45 AM |
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Today, more breaking news that the MSM has no forking clue what is going on with the bitcoin market... Here's Tom with the weather.
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marcus_of_augustus
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Eadem mutata resurgo
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December 08, 2015, 07:42:56 AM |
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... so now it is a leading indicator?
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hunnaryb
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December 08, 2015, 10:15:19 AM |
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... so now it is a leading indicator? Its a circular argument, why is the fund priced the way it is.
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jl2012 (OP)
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December 09, 2015, 02:59:28 PM |
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400XBT bought in November 2015
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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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Alley
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December 09, 2015, 03:28:03 PM |
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$650 per coin
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StarenseN
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December 09, 2015, 03:44:20 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F10GAxHT.png&t=665&c=8o1NAdgg7NNl1g) Dem volumes...
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ImI
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December 09, 2015, 04:28:52 PM |
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bring on the fuckin etf already! ffs!!
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Alley
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December 09, 2015, 04:33:19 PM |
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ETF is a long ways away. Gemini exchange isn't even approved in all 50 states yet.
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marcus_of_augustus
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Eadem mutata resurgo
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December 09, 2015, 07:30:52 PM |
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leading indicator?
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David Rabahy
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December 09, 2015, 07:53:41 PM |
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My guess is one pays a premium for GBTC since they are in short supply and desirable for retirement accounts. I suppose it might be taken as a leading indicator to some degree since investors of this sort tend to do their homework. The volume ain't huge so it might just indicate the feelings of such a small number of folks as to be next to useless in terms of the broader market.
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David Rabahy
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December 09, 2015, 07:56:31 PM Last edit: December 10, 2015, 07:55:17 PM by David Rabahy |
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I am desperately trying to quicken the path through Grayscale (really my custodian) to arbitrage but to be effective I would need to be able to turn it around in a small number of days (or less) and right now it has taken most of a year for the first batch (not encouraging).
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mmortal03
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December 10, 2015, 04:29:17 PM |
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Dem volumes...
Wow, it hit 72.5 intra-day on Wednesday. Tuesday's close at 55.3 was also an all-time high at close. Looks like we may break that today.
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ImI
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December 10, 2015, 05:18:38 PM |
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I am desperately trying to quicken the path through Grayscale (really my custodian) to arbitrage but to be effect I would need to be able to turn it around in a small number of days (or less) and right now it has taken most of a year for the first batch (not encouraging).
tbh its a pretty silly contruct
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David Rabahy
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December 10, 2015, 07:55:08 PM |
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I am desperately trying to quicken the path through Grayscale (really my custodian) to arbitrage but to be effective I would need to be able to turn it around in a small number of days (or less) and right now it has taken most of a year for the first batch (not encouraging).
tbh its a pretty silly contruct It was the first (and so far only?) way to get tax-favored retirement funds in; the lack of agility isn't utterly fatal. I already had/have as many non-retirement funds in that I wanted; if I want more it is pretty straightforward to get them. Bitcoins (or derivatives) in a retirement account (especially a Roth IRA) have a rather huge advantage over Bitcoins in a non-retirement account. *If* it goes to the moon then the tax difference will be enormous. I do fully expect the Roth IRA terms to be changed eventually; perhaps in part in response to the giant gains of Bitcoin.
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brg444
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December 10, 2015, 09:22:14 PM |
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I am desperately trying to quicken the path through Grayscale (really my custodian) to arbitrage but to be effective I would need to be able to turn it around in a small number of days (or less) and right now it has taken most of a year for the first batch (not encouraging).
tbh its a pretty silly contruct It was the first (and so far only?) way to get tax-favored retirement funds in; the lack of agility isn't utterly fatal. I already had/have as many non-retirement funds in that I wanted; if I want more it is pretty straightforward to get them. Bitcoins (or derivatives) in a retirement account (especially a Roth IRA) have a rather huge advantage over Bitcoins in a non-retirement account. *If* it goes to the moon then the tax difference will be enormous. I do fully expect the Roth IRA terms to be changed eventually; perhaps in part in response to the giant gains of Bitcoin. Except if.. you know... never cash out ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) *insert Morpheus meme*
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"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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