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Author Topic: GBTC Bitcoin Investment Trust Observer  (Read 262354 times)
slapper
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April 03, 2014, 08:11:29 PM
 #381

It could be just one investor cashing out correct? May not be much of an indicator then, since BIT wouldn't want that kind of shorting publicly.

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April 03, 2014, 08:38:20 PM
 #382

it's a true market now.

lol
jl2012 (OP)
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April 04, 2014, 02:29:52 AM
 #383

2533XBT bought yesterday. This compensated the sale on 2 Apr and the estimated holding is again at an ATH of 96941XBT

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April 04, 2014, 05:25:27 AM
 #384

2533XBT bought yesterday. This compensated the sale on 2 Apr and the estimated holding is again at an ATH of 96941XBT

where are you finding these stats? I was searching the BIT site for 15 minutes yesterday with no luck...
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April 04, 2014, 05:34:00 AM
 #385

2533XBT bought yesterday. This compensated the sale on 2 Apr and the estimated holding is again at an ATH of 96941XBT

where are you finding these stats? I was searching the BIT site for 15 minutes yesterday with no luck...

Please read the OP. I really feel tired to answer the same question for so many times

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April 04, 2014, 02:04:57 PM
 #386

2533XBT bought yesterday. This compensated the sale on 2 Apr and the estimated holding is again at an ATH of 96941XBT

It looks like the fact that there is liquidity isn't hurting the trust too much then.  That is a relief!

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April 04, 2014, 02:14:57 PM
 #387

2533XBT bought yesterday. This compensated the sale on 2 Apr and the estimated holding is again at an ATH of 96941XBT

It looks like the fact that there is liquidity isn't hurting the trust too much then.  That is a relief!

I was  reliefed too
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April 04, 2014, 04:37:54 PM
 #388

2533XBT bought yesterday. This compensated the sale on 2 Apr and the estimated holding is again at an ATH of 96941XBT

It looks like the fact that there is liquidity isn't hurting the trust too much then.  That is a relief!

I was  reliefed too

Damn good sign.

I'm convinced that Silbert is the biggest proponent of Bitcoin in its short history, and he's obviously doing a damn fine job getting the word out.

Looking forward to his next AMA
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April 05, 2014, 04:03:50 AM
 #389

1138XBT sold yesterday

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April 05, 2014, 04:50:56 AM
 #390

Presumably only the earliest investors (who entered in September 2013) are being allowed to liquidate.  ("On a limited basis", the site said.)

Those investors bought shares at ~13$, and are liquidating now at ~45$.  That is ~245% return over investment in 6 months, or ~1100% per year.

On the other hand, all investors who entered after November 15 would lose money if they could and choose to liquidate today.  Many of them would lose more than ~40%, or ~64% per year.

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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April 07, 2014, 10:29:09 PM
 #391

Does anyone have an idea when the BIT EFT will launch for the public?
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April 07, 2014, 11:08:29 PM
 #392

Does anyone have an idea when the BIT EFT will launch for the public?

The most optimistic estimate I have heard is Q4 2014.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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April 08, 2014, 01:41:49 AM
 #393

Does anyone have an idea when the BIT EFT will launch for the public?

The most optimistic estimate I have heard is Q4 2014.
Interesting.

My initial projection of the next bitcoin bubble peaks July-August and collapses by the fall. If indeed there is a summer bubble then no Wall Street ETF will fuel it.
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April 08, 2014, 01:48:04 AM
 #394

Does anyone have an idea when the BIT EFT will launch for the public?

The most optimistic estimate I have heard is Q4 2014.
Interesting.

My initial projection of the next bitcoin bubble peaks July-August and collapses by the fall. If indeed there is a summer bubble then no Wall Street ETF will fuel it.

But what if we have a bubble in July or August before the ETF then a dip in Sept but with new ETF funds the dip only last a month or so, instead of this long and painful dips of 5 or 6 months we seem to have had in the past?  I can only hope.  Grin

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April 08, 2014, 02:16:21 AM
 #395

Every bubble has a catalyst.  If one is catalyzed before August it will probably be due to adverse events in fiat rather that favorable ones in crypto, although some of those will also be required.  If none occurs between now and a major ETP, I think the result may be a 2011-style superbubble as pent-up demand is finally unleashed. As little as 20 bn USD operating on a small float could take btc to a 1 tn USD market cap and 100k coins.  In ETP land 20 bn is not hard.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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April 08, 2014, 02:21:20 AM
 #396

227XBT net buying yesterday

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April 08, 2014, 03:21:06 AM
 #397

In ETP land 20 bn is not hard.
+1

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April 08, 2014, 03:41:46 AM
 #398


ETPLand! The Bitcoin theme park we are all hoping to visit someday soon. Wink

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April 08, 2014, 04:00:32 AM
 #399


ETPLand! The Bitcoin theme park we are all hoping to visit someday soon. Wink

I would like an annual pass to Bitcoin ETPLand.
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April 10, 2014, 11:18:49 PM
 #400

Apparently they are over 100,000B now. Lots of buying last 2 days?
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