mmortal03
Legendary
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Activity: 1762
Merit: 1011
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May 23, 2016, 12:41:11 PM |
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kehtolo
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May 27, 2016, 03:12:23 PM |
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70 bucks now per share
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The next 24 hours are critical!
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GGALINff
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May 27, 2016, 03:15:34 PM |
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this thing has moved in both directions prior to BTC underlying movements
right now, it is saying BTC will go up
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GGALINff
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May 30, 2016, 01:08:35 AM |
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if BTC holds up through Monday - wonder what the GBTC opens at? 60% premium would be over $80 per share
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mmortal03
Legendary
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Activity: 1762
Merit: 1011
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June 01, 2016, 06:21:40 AM |
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if BTC holds up through Monday - wonder what the GBTC opens at? 60% premium would be over $80 per share
It touched $80 for a bit there.
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sandiman
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June 01, 2016, 08:30:06 AM |
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if BTC holds up through Monday - wonder what the GBTC opens at? 60% premium would be over $80 per share
It touched $80 for a bit there. So why is no one (or at least not enought people) arbitraging the latter?
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kehtolo
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June 01, 2016, 09:23:00 AM |
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if BTC holds up through Monday - wonder what the GBTC opens at? 60% premium would be over $80 per share
It touched $80 for a bit there. So why is no one (or at least not enought people) arbitraging the latter? I think it has to do with being locked into the investment for 12 months or something.. so arb'ing is impossible apparently.
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The next 24 hours are critical!
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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June 01, 2016, 10:17:03 AM |
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if BTC holds up through Monday - wonder what the GBTC opens at? 60% premium would be over $80 per share
It touched $80 for a bit there. So why is no one (or at least not enought people) arbitraging the latter? I think it has to do with being locked into the investment for 12 months or something.. so arb'ing is impossible apparently. so it is in essence acting like 1 year call option on bitcoin price and that makes more sense for its current premium than the IRA tax advantage explanation (which may contribute to the premium but not that much imo).
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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June 01, 2016, 10:25:50 AM |
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if BTC holds up through Monday - wonder what the GBTC opens at? 60% premium would be over $80 per share
It touched $80 for a bit there. So why is no one (or at least not enought people) arbitraging the latter? I think it has to do with being locked into the investment for 12 months or something.. so arb'ing is impossible apparently. yeah there's huge restrictions to BIT. you have to have a lot of money, you can't sell shares until after a long period of time has passed, and i think you have to meet some requirements before you are even allowed to buy in the first place. it's not a liquid market at all
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LFC_Bitcoin
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Activity: 3668
Merit: 10256
#1 VIP Crypto Casino
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June 01, 2016, 10:42:36 AM |
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I remember thinking this would be bullish for bitcoin, turns out it's nothing to be interested in.
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sandiman
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June 01, 2016, 12:19:24 PM |
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if BTC holds up through Monday - wonder what the GBTC opens at? 60% premium would be over $80 per share
It touched $80 for a bit there. So why is no one (or at least not enought people) arbitraging the latter? I think it has to do with being locked into the investment for 12 months or something.. so arb'ing is impossible apparently. yeah there's huge restrictions to BIT. you have to have a lot of money, you can't sell shares until after a long period of time has passed, and i think you have to meet some requirements before you are even allowed to buy in the first place. it's not a liquid market at all So there is basically no interest in comparing both, and if there was one, GBTC would be like one of the most lagging indicator for btc ?
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Vlad2Vlad
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Activity: 3052
Merit: 1534
www.ixcoin.net
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June 01, 2016, 01:05:26 PM |
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COIN. COIN is the one that's gonna blow the top off it all.
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iXcoin - Welcome to the F U T U R E!
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Gatekeeper
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June 06, 2016, 05:47:00 PM |
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$94.50 todays high I remember some people talking about buying in at something like $31 and getting friends to buy in too, quite the investment huh, triple your money in such a short time. People talk about the premium but 3x your money is a better return than if you'd bought coins normally, we've only gone up about 2.5x
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(1470) <KLYE> But I was far too drunk to fuck a midget (1470) <KLYE> I will fuck a chicken for 250 btc
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David Rabahy
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June 06, 2016, 07:11:47 PM |
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I got in through BITS at around $700/BTC which is like $70/GBTC so I am indeed happy to see the exchange rate north of that *but* it is just a paper gain until it is sold. Or is it? Wisdom says exit an investment after a gain (sell high) but what if higher is coming? Wisdom says pigs get fat, hogs get slaughtered and that can be a very real concern. I'm watching the percentages of my investments. When my non-retirement BTC and retirement GBTC combined values exceed something like 20% of my total wealth then I will consider taking some profits *but* where does one park it? I'm looking for a better investment than Money 2.0? Tough.
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iCEBREAKER
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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June 06, 2016, 07:31:33 PM |
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When my non-retirement BTC and retirement GBTC combined values exceed something like 20% of my total wealth then I will consider taking some profits *but* where does one park it? I'm looking for a better investment than Money 2.0? Tough.
Diversify Money 2.0 profits in gold/silver (Money 1.0) and Monero (Money 3.0). Re-balance as needed to avoid being under/over-exposed to any one sector.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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uvwvj
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June 06, 2016, 07:47:34 PM |
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$94.50 todays high I remember some people talking about buying in at something like $31 and getting friends to buy in too, quite the investment huh, triple your money in such a short time. People talk about the premium but 3x your money is a better return than if you'd bought coins normally, we've only gone up about 2.5x That would be me old friend.
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ImI
Legendary
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Activity: 1946
Merit: 1019
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June 06, 2016, 07:55:03 PM |
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COIN. COIN is the one that's gonna blow the top off it all.
COIN won't come imo.
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sandiman
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June 06, 2016, 09:35:30 PM |
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COIN. COIN is the one that's gonna blow the top off it all.
COIN won't come imo. What is that?
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ImI
Legendary
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Activity: 1946
Merit: 1019
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June 06, 2016, 09:36:16 PM |
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COIN. COIN is the one that's gonna blow the top off it all.
COIN won't come imo. What is that? Winklevoss Bitcoin-ETF
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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June 06, 2016, 09:47:04 PM |
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Surely if Bitcoin continues to grow at some point a 'proper' ETF will arrive, even if it isn't the Winklevoss one. It may be many years away yet though.
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