GBTC Bitcoin Investment Trust Observer

[Dragonkiller]

It wasnt a Typo!!

They must have purchased all of those coins off the exchanges then.  The price went down yesterday in spite of that huge of a purchase.

I think almost all their purchases are off the exchanges.

[rocks]

5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

[cr1776]

5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Their attorney said last week (don't have the link) that it might be 2015 before the etf goes live, alas.

[Lloydie]

It wasnt a Typo!!

They must have purchased all of those coins off the exchanges then.  The price went down yesterday in spite of that huge of a purchase.

Huge is relative to 3600 coins mined per day. 

[rocks]

5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Their attorney said last week (don't have the link) that it might be 2015 before the etf goes live, alas.

Wall Street and other still have a lot more front running to do before bringing bitcoin to the masses. Just like with Facebook where they were able to buy share 5 years before the public.

At least with bitcoin for once those willing to do things themselves can front run wall street for once.

[elux]

5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Nice. One could rephrase it as a riddle: "What happens when a fixed monetary supply meets unstoppable demand?"

[cr1776]

5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Their attorney said last week (don't have the link) that it might be 2015 before the etf goes live, alas.

Wall Street and other still have a lot more front running to do before bringing bitcoin to the masses. Just like with Facebook where they were able to buy share 5 years before the public.

At least with bitcoin for once those willing to do things themselves can front run wall street for once.

Great point, although I don't think it is Wall Street blocking this one, but Washington. As you say, the good thing is that you don't need Wall Street to buy in.

[jl2012]

Another 620XBT bought yesterday

[gog1]

Not enough to stamp the tide.  Until people realize gox is completely irrelevant, they'll serve as a cap on the prices.

[gotmilk_]

Another 620XBT bought yesterday

Where do you see that? Thanks

[jl2012]

Another 620XBT bought yesterday

Where do you see that? Thanks

See the OP

[gotmilk_]

Another 620XBT bought yesterday

Where do you see that? Thanks

See the OP

I know for that but any offical lpage/link?

[windjc]

Another 620XBT bought yesterday

Where do you see that? Thanks

See the OP

I know for that but any offical lpage/link?

No, there is just a group of us that make up these #s daily, depending on how we are feeling and what the general consensus is.  We felt since the market was going down, it would be good to show large #s the last few days.

[gotmilk_]

No, there is just a group of us that make up these #s daily, depending on how we are feeling and what the general consensus is.  We felt since the market was going down, it would be good to show large #s the last few days.

Thanks for showing your sarcasm skills...
But I'm really interested in this, so if you can tell me 

[windjc]

No, there is just a group of us that make up these #s daily, depending on how we are feeling and what the general consensus is.  We felt since the market was going down, it would be good to show large #s the last few days.

Thanks for showing your sarcasm skills...
But I'm really interested in this, so if you can tell me 

I'm glad you asked as I have been wondering the same thing myself. The OP edits the thread almost everyday to update it, but I am not sure where he gets the info. Perhaps if you are client you have access to that info?

[jl2012]

Another 620XBT bought yesterday

Where do you see that? Thanks

See the OP

I know for that but any offical lpage/link?

Data source is http://www.bitcointrust.co/ , plus some elementary school maths

[gotmilk_]

Thanks jl2012! 

[Zarathustra]

SecondMarket Takes First Step to Becoming a US Bitcoin Exchange

http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/

[threecats]

Well. Very timely. Lets assume Gox manages to open transfers again early in the week, whose arms do you think the large ladies will run towards? What conversations are being had right now? What mutually satisfactory terms are being negotiated as we speak?

[traderCJ]

Another 620XBT bought yesterday

Where do you see that? Thanks

See the OP

I know for that but any offical lpage/link?

Data source is http://www.bitcointrust.co/ , plus some elementary school maths

What about people selling XBT?  I'm sure there have been at least some people pulling out.  You should report that as well, if possible.