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Author Topic: GBTC Bitcoin Investment Trust Observer  (Read 262325 times)
jl2012 (OP)
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December 03, 2013, 02:42:17 AM
 #61

They bought about 1000XBT on December 2, 2013

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cspeter8
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December 03, 2013, 07:06:22 PM
 #62

Anyone know a licensed appraiser in the US who can create a third party appraisal to document one's net worth that includes assets in the bitcoin blockchain, to satisfy SEC rulings regarding an 'accredited investor'?
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.
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December 03, 2013, 07:11:40 PM
 #63

Very useful thread. Would be nice to have another column with the daily deltas (how many XBT added), rather than having to eyeball it. Bonus points for a final column with the dollar value of the added XBT (based on the day's NAV).
gusti
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December 03, 2013, 07:22:22 PM
 #64

They bought about 1000XBT on December 2, 2013

that is almost 30% of daily minting ... not bad for a single investment fund.

If you don't own the private keys, you don't own the coins.
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December 03, 2013, 11:22:47 PM
 #65

They bought about 1000XBT on December 2, 2013

that is almost 30% of daily minting ... not bad for a single investment fund.

Yep, barry is some sort of halving on two legs...
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December 04, 2013, 12:07:18 AM
 #66

Anyone know a licensed appraiser in the US who can create a third party appraisal to document one's net worth that includes assets in the bitcoin blockchain, to satisfy SEC rulings regarding an 'accredited investor'?
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.

Why don't you just buy bitcoin? Save you a lot of trouble.

more or less retired.
BitchicksHusband
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December 04, 2013, 03:47:44 AM
 #67

Anyone know a licensed appraiser in the US who can create a third party appraisal to document one's net worth that includes assets in the bitcoin blockchain, to satisfy SEC rulings regarding an 'accredited investor'?
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.

Why don't you just buy bitcoin? Save you a lot of trouble.

Because you can't with retirement funds.

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jl2012 (OP)
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December 04, 2013, 05:37:09 AM
 #68

Around 1080XBT bought yesterday with 1M$

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jl2012 (OP)
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December 04, 2013, 06:22:53 AM
 #69

Around 100XBT bought yesterday with 0.1M$. (This may just be rounding error and no XBT was bought yesterday). Whales slow down after the crash?

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December 04, 2013, 10:28:48 PM
 #70

At http://www.bitcointrust.co/ it says:

LIQUIDITY: To commence no later than March 2014.

So, should we expect a sell off right before March?
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December 04, 2013, 10:39:38 PM
 #71

how much is an xbt? is that just 1 bitcoin?
BitchicksHusband
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December 04, 2013, 11:34:58 PM
 #72

At http://www.bitcointrust.co/ it says:

LIQUIDITY: To commence no later than March 2014.

So, should we expect a sell off right before March?

My wife thinks there are a lot of people just WAITING to get into this that refuse to tie up their money.  So they will wait until the liquidity event to get in.  If she's right, they may offset the sellers.

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Syke
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December 05, 2013, 12:22:10 AM
 #73

how much is an xbt? is that just 1 bitcoin?

XBT is the almost-official designation for bitcoin. See http://en.wikipedia.org/wiki/ISO_4217.

Buy & Hold
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December 05, 2013, 12:29:27 AM
 #74

how much is an xbt? is that just 1 bitcoin?

XBT is the almost-official designation for bitcoin. See http://en.wikipedia.org/wiki/ISO_4217.

In other words cargo cult.
jl2012 (OP)
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December 05, 2013, 03:21:11 AM
 #75

About 150XBT was bought yesterday with about 0.2M$. It is really slowed down

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BitcoinAshley
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December 05, 2013, 03:57:02 AM
 #76

About 150XBT was bought yesterday with about 0.2M$. It is really slowed down


oh noes crash!
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December 05, 2013, 10:34:22 PM
 #77

About 150XBT was bought yesterday with about 0.2M$. It is really slowed down

Today's numbers should be interesting.
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December 06, 2013, 01:56:28 AM
 #78

About 150XBT was bought yesterday with about 0.2M$. It is really slowed down

Today's numbers should be interesting.
About ~1000 BTC bought.
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December 06, 2013, 02:14:39 AM
 #79

So they are basically waiting for corrections and buying on the dips.....

Hold when it is rising....buy on the dips....sell nothing. 
beaconpcguru
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Hello


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December 06, 2013, 02:24:22 AM
 #80

So they are basically waiting for corrections and buying on the dips.....

Hold when it is rising....buy on the dips....sell nothing. 


Who says they are not causing the dips?
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