BitAddict
Legendary
Offline
Activity: 1190
Merit: 1001
|
|
April 23, 2014, 05:13:05 PM |
|
Any update for the last six days? I'm really curious
|
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1097
|
|
April 23, 2014, 05:14:54 PM |
|
Any update for the last six days? I'm really curious Updated. Around 200XBT bought since last update I stop update usually because nothing interesting happened
|
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
BitAddict
Legendary
Offline
Activity: 1190
Merit: 1001
|
|
April 23, 2014, 05:23:11 PM |
|
Any update for the last six days? I'm really curious Updated. Around 200XBT bought since last update I stop update usually because nothing interesting happened Thanks a lot! Market seems to be sleeping before deciding where to move.
|
|
|
|
jzcjca00
|
|
April 23, 2014, 06:36:35 PM |
|
Thanks for being so on top of this. This is one of the most useful thread's in the speculation sub-forum.
I think this is the single most important thread in all of bitcointalk.org. While there are hundreds of threads predicting rising prices, this one gives real data on Wall Street adoption. Keep up the great work!
|
Tips much appreciated! 1PPJHDawPvjh6MEzsvXrMYLgpLmyAaNXUc
|
|
|
TERA
|
|
April 24, 2014, 06:44:12 AM |
|
Is SecondMarket contacting Mtgox liquidator?
|
|
|
|
Melbustus
Legendary
Offline
Activity: 1722
Merit: 1003
|
|
April 24, 2014, 06:22:06 PM |
|
Thanks for being so on top of this. This is one of the most useful thread's in the speculation sub-forum.
I think this is the single most important thread in all of bitcointalk.org. While there are hundreds of threads predicting rising prices, this one gives real data on Wall Street adoption. Keep up the great work! Agree that this is one of the most important non-technical/dev threads on this board. But it's not yet quite an indicator of Wall St. interest; at least not full-on institutional interest/behavior. The SecondMarket Trust is open to accredited investors. Most of those are simply going to be reasonably well-off *individuals*. The reason why I think this thread is so important is because those individuals are likely more connected and more savvy than most investors. Likely more savvy than most institutional investors due to having no encumbrances on their money (quarterly reports, position sizing, SEC considerations, etc). And as a sidenote: on some of the most bearish days in this spec sub-forum filled with (presumed) teenagers ranting about Gox and/or China, the BIT posted some of its biggest buys ever...
|
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
April 25, 2014, 02:57:17 AM |
|
I guess that's what you call an accumulation. These guys are just adding coins..
|
|
|
|
Melbustus
Legendary
Offline
Activity: 1722
Merit: 1003
|
|
April 25, 2014, 05:15:12 AM |
|
Do they release any info on how many clients they have?
|
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
|
|
|
njcarlos
|
|
April 25, 2014, 05:53:34 AM |
|
They've been buying into the 1000s haven't they? God they must be taking massive losses. Wouldn't be surprised if they're the ones with these fake walls trying to inflate the depths for quick dumps.
|
|
|
|
gotmilk_
|
|
April 25, 2014, 10:00:29 AM |
|
They've been buying into the 1000s haven't they? God they must be taking massive losses. Wouldn't be surprised if they're the ones with these fake walls trying to inflate the depths for quick dumps.
Try harder...
|
|
|
|
SlipperySlope
|
|
April 25, 2014, 10:51:47 AM |
|
They've been buying into the 1000s haven't they? God they must be taking massive losses. Wouldn't be surprised if they're the ones with these fake walls trying to inflate the depths for quick dumps.
They solicit coin off-exchange too. I have an account set up for 25 bitcion minimum sale and purchase with one of their VPs. I read somewhere the rumor that they solicit bitcoin from BitPay, whose bitcoin-accepting vendors may immediately sell bitcoin for dollars.
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
|
April 25, 2014, 12:18:12 PM |
|
I guess that's what you call an accumulation. These guys are just adding coins..
Of course they are, prices are very depressed, that's when intelligent people buy. People with more money are generally more intelligent (overall, of course not everyone).
|
|
|
|
Bitcoin_is_here_to_stay
|
|
April 26, 2014, 04:29:42 AM |
|
Virtually no change: 16 BTC sold, most likely rounding error (Friday April 25th).
|
|
|
|
JorgeStolfi
|
|
April 26, 2014, 09:11:51 AM |
|
They've been buying into the 1000s haven't they? God they must be taking massive losses. Wouldn't be surprised if they're the ones with these fake walls trying to inflate the depths for quick dumps.
SecondMarket will not lose any money, no matter what the price does. When an investor gives them money for N shares, they buy N/10 bitcoins at the current market price. When the investor liquidates those N shares, they sell the N/10 bitcoins at current market price and give him that money. If the price went down in the meantime, the investor takes the loss; if it went up, he takes the profit. In any case, SecondMarket skims off the entry, maintenance, and exit fees. SecondMarket could make even more money if they had a private source that would sell them bitcoins below market price. That difference in price would be their extra profit.
|
Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
|
April 26, 2014, 12:07:38 PM |
|
SecondMarket could make even more money if they had a private source that would sell them bitcoins below market price. That difference in price would be their extra profit.
They do.
|
|
|
|
Ronan-
Newbie
Offline
Activity: 52
Merit: 0
|
|
April 26, 2014, 07:31:07 PM |
|
SecondMarket could make even more money if they had a private source that would sell them bitcoins below market price. That difference in price would be their extra profit.
They do. How do we know this?
|
|
|
|
thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
|
|
April 26, 2014, 07:41:40 PM |
|
SecondMarket could make even more money if they had a private source that would sell them bitcoins below market price. That difference in price would be their extra profit.
They do. How do we know this? For one thing, you can call them up and buy/sell to them in 25BTC minimum lots. However, I think these channels are low volume right now simply because SecondMarket purchasing is loosely correlated with rises in the exchanges. And I'm guessing that bitpay isn't doing 1K btc per day right now... less spending more hoarding during the slump I would guess.
|
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
April 26, 2014, 11:31:28 PM |
|
SecondMarket will not lose any money, no matter what the price does.
yeah... Wasn't that was true of mtgox too?
|
|
|
|
|