wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
|
April 26, 2014, 11:38:37 PM |
|
SecondMarket will not lose any money, no matter what the price does.
yeah... Wasn't that was true of mtgox too? Yeah, that's what proves conclusively Karpales is a special kind of stupid.
|
|
|
|
keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
|
|
April 27, 2014, 08:20:18 AM |
|
I've wanted to see the numbers on this, so thanks OP
|
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1097
|
|
April 27, 2014, 09:32:08 AM |
|
Virtually no change: 16 BTC sold, most likely rounding error (Friday April 25th).
Thank you. Please also quote the raw data (NAV and total asset) since I may occasionally forget to take the values
|
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
JorgeStolfi
|
|
April 27, 2014, 04:45:26 PM Last edit: April 28, 2014, 05:23:46 AM by JorgeStolfi |
|
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. I don't know how KNC sells their mined coins; but they seem to be a carefully planned enterprise, so I guess that they secured from the start a contract with some investor who is bound to buy their bitcoins at a fixed price. If that price is still below market, that could be a source of cheap coins. SecondMarket of course will not knowingly buy stolen bitcoins. But why would not they buy at 80% discount of market price from some respectable investor who bought them at 60% from someone who bought them at 40% from someone who bought them at 25% from a Russian mobster who bought them at 15% from the MtGOX thief? It is not their job to trace all stolen coins in the blockchain, is it? EDIT: "80% of market price", of course, not "80% discount".
|
Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
|
|
|
Bitcoin_is_here_to_stay
|
|
April 27, 2014, 06:44:24 PM |
|
Virtually no change: 16 BTC sold, most likely rounding error (Friday April 25th).
Thank you. Please also quote the raw data (NAV and total asset) since I may occasionally forget to take the values You are right, they are disappearing next day. Ok. April 25th: NAV $45.85 Net assets: $48.2 MM Conclusion: no change (-16 BTC)
|
|
|
|
TERA
|
|
April 27, 2014, 11:13:03 PM |
|
Looks like we need a ThirdMarket now.
|
|
|
|
keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
|
|
April 27, 2014, 11:26:11 PM |
|
Is there any talk of an approximate ETA for the public sale of shares? Too bad we couldnt have made some sort of an investment trust through this forum, there is a lot of money floating around here...
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
|
April 28, 2014, 01:19:41 AM |
|
Is there any talk of an approximate ETA for the public sale of shares? Too bad we couldnt have made some sort of an investment trust through this forum, there is a lot of money floating around here...
... any "floating bitcoin" has been stolen or defrauded.
|
|
|
|
Bitcoin_is_here_to_stay
|
|
April 29, 2014, 12:08:47 AM |
|
April 25th: NAV $45.85 Net assets: $48.2 MM Conclusion: no change (-16 BTC) April 28th: NAV $43.00 Net assets: $45.2 MM No new BTC bought (up to 200 BTC could be sold, impossible to tell due to rounding)
|
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1097
|
|
April 29, 2014, 02:56:01 AM Last edit: June 11, 2014, 06:27:19 AM by jl2012 |
|
The table becomes too long. These are the data before May 2014: Date | NAV ($) | Net | Est | Est Net | Est New | Actual | | | Assets | Holding | Buying | Invest | Holding | | | (M$) | (XBT) | (XBT) | (M$) | (XBT) | 30-Apr-14 | 43.62 | 45.8 | 103852 | -90 | -0.04 | 103852 | 29-Apr-14 | 43.77 | 46.0 | 103942 | -31 | -0.01 | | 28-Apr-14 | 43.00 | 45.2 | 103973 | -13 | 0.00 | | 25-Apr-14 | 45.85 | 48.2 | 103986 | 18 | 0.01 | | 24-Apr-14 | 47.95 | 50.4 | 103968 | 1473 | 0.71 | | 23-Apr-14 | 48.06 | 49.8 | 102495 | -31 | -0.02 | | 22-Apr-14 | 48.43 | 50.2 | 102526 | 98 | 0.05 | | 21-Apr-14 | 49.25 | 51.0 | 102428 | 153 | 0.08 | | 17-Apr-14 | 50.10 | 51.8 | 102275 | 1048 | 0.53 | | 16-Apr-14 | 51.01 | 52.2 | 101227 | -120 | -0.06 | | 15-Apr-14 | 48.22 | 49.4 | 101347 | 365 | 0.18 | | 14-Apr-14 | 43.69 | 44.6 | 100982 | -162 | -0.07 | | 11-Apr-14 | 38.34 | 39.2 | 101144 | -555 | -0.21 | | 10-Apr-14 | 40.37 | 41.5 | 101699 | 5865 | 2.39 | | 9-Apr-14 | 44.08 | 42.7 | 95834 | -31 | -0.01 | | 8-Apr-14 | 44.48 | 43.1 | 95865 | -161 | -0.07 | | 5-Apr-14 | 44.92 | 43.6 | 96026 | 226 | 0.10 | | 4-Apr-14 | 43.89 | 42.5 | 95800 | -1139 | -0.50 | | 3-Apr-14 | 43.07 | 42.2 | 96939 | 2532 | 1.10 | | 2-Apr-14 | 45.38 | 43.3 | 94407 | -1762 | -0.81 | | 1-Apr-14 | 47.22 | 45.9 | 96169 | 62 | 0.04 | 96169 | 31-Mar-14 | 45.30 | 44.0 | 96107 | -12 | 0.01 | | 28-Mar-14 | 49.63 | 48.2 | 96119 | -57 | -0.02 | | 27-Mar-14 | 53.31 | 51.8 | 96176 | 3863 | 2.08 | | 26-Mar-14 | 57.58 | 53.7 | 92313 | 63 | 0.04 | | 25-Mar-14 | 57.41 | 53.5 | 92250 | 62 | 0.04 | | 24-Mar-14 | 55.52 | 51.7 | 92188 | 128 | 0.08 | | 21-Mar-14 | 57.33 | 53.3 | 92060 | 1617 | 0.94 | | 20-Mar-14 | 58.91 | 53.8 | 90443 | 2063 | 1.23 | | 19-Mar-14 | 60.96 | 54.4 | 88380 | -7 | 0.00 | | 18-Mar-14 | 60.62 | 54.1 | 88387 | 73 | 0.05 | | 17-Mar-14 | 61.91 | 55.2 | 88314 | -120 | -0.06 | | 14-Mar-14 | 62.85 | 56.1 | 88434 | 1688 | 1.08 | | 13-Mar-14 | 63.28 | 55.4 | 86746 | 1837 | 1.17 | | 12-Mar-14 | 63.25 | 54.2 | 84909 | 152 | 0.10 | | 11-Mar-14 | 61.50 | 52.6 | 84757 | 43 | 0.03 | | 10-Mar-14 | 62.47 | 53.4 | 84714 | -128 | -0.07 | | 7-Mar-14 | 63.21 | 54.1 | 84842 | 162 | 0.11 | | 6-Mar-14 | 65.21 | 55.7 | 84680 | 648 | 0.43 | | 5-Mar-14 | 65.48 | 55.5 | 84032 | 510 | 0.34 | | 4-Mar-14 | 67.19 | 56.6 | 83522 | 37 | 0.03 | | 3-Mar-14 | 61.88 | 52.1 | 83485 | -61 | -0.03 | 83485 | 28-Feb-14 | 56.03 | 47.2 | 83546 | 145 | 0.08 | | 27-Feb-14 | 57.32 | 48.2 | 83401 | 1011 | 0.59 | | 26-Feb-14 | 55.86 | 46.4 | 82390 | 481 | 0.27 | | 25-Feb-14 | 48.32 | 39.9 | 81909 | 41 | 0.02 | | 24-Feb-14 | 56.95 | 47.0 | 81868 | 11 | 0.01 | | 21-Feb-14 | 55.15 | 45.5 | 81857 | 81 | 0.05 | | 20-Feb-14 | 58.97 | 48.6 | 81776 | 887 | 0.53 | | 19-Feb-14 | 61.46 | 50.1 | 80889 | -3 | 0.00 | | 18-Feb-14 | 61.83 | 50.4 | 80892 | -104 | -0.05 | | 14-Feb-14 | 60.54 | 49.4 | 80996 | 119 | 0.08 | | 13-Feb-14 | 62.72 | 51.1 | 80877 | 931 | 0.59 | | 12-Feb-14 | 64.82 | 52.2 | 79946 | 30 | 0.02 | | 11-Feb-14 | 66.96 | 53.9 | 79916 | 7 | 0.01 | | 10-Feb-14 | 62.00 | 49.9 | 79909 | 70 | 0.05 | | 7-Feb-14 | 71.27 | 57.3 | 79839 | 6 | 0.01 | | 6-Feb-14 | 80.61 | 64.8 | 79833 | 612 | 0.50 | | 5-Feb-14 | 83.62 | 66.7 | 79221 | 5818 | 4.90 | | 4-Feb-14 | 84.57 | 62.5 | 73403 | 13 | 0.02 | | 3-Feb-14 | 84.32 | 62.3 | 73390 | 31 | 0.04 | | 30-Jan-14 | 83.97 | 62.0 | 73359 | 585 | 0.50 | 73359 | 29-Jan-14 | 84.65 | 62.0 | 72774 | -13 | -0.01 | | 28-Jan-14 | 81.91 | 60.0 | 72787 | 655 | 0.54 | | 27-Jan-14 | 81.42 | 59.1 | 72132 | 90 | 0.09 | | 24-Jan-14 | 80.02 | 58.0 | 72042 | -72 | -0.05 | | 23-Jan-14 | 82.15 | 59.6 | 72114 | 722 | 0.60 | | 22-Jan-14 | 84.24 | 60.5 | 71392 | 6 | 0.01 | | 21-Jan-14 | 86.48 | 62.1 | 71386 | -31 | -0.01 | | 17-Jan-14 | 81.87 | 58.8 | 71417 | 531 | 0.44 | | 15-Jan-14 | 85.58 | 61.0 | 70886 | -10 | 0.00 | | 14-Jan-14 | 83.75 | 59.7 | 70896 | 65 | 0.06 | | 13-Jan-14 | 83.13 | 59.2 | 70831 | -66 | -0.04 | | 10-Jan-14 | 83.35 | 59.4 | 70897 | 30 | 0.03 | | 9-Jan-14 | 83.25 | 59.3 | 70867 | 735 | 0.62 | | 8-Jan-14 | 82.00 | 57.8 | 70132 | 50 | 0.04 | | 7-Jan-14 | 89.73 | 63.2 | 70082 | 69 | 0.07 | | 6-Jan-14 | 95.51 | 67.2 | 70013 | 25 | 0.04 | | 3-Jan-14 | 81.91 | 57.6 | 69988 | 76 | 0.07 | | 2-Jan-14 | 78.73 | 55.3 | 69912 | 209 | 0.17 | | 31-Dec-13 | 76.12 | 53.3 | 69703 | -20 | -0.01 | | 30-Dec-13 | 76.96 | 53.9 | 69723 | -161 | -0.11 | | 27-Dec-13 | 75.80 | 53.2 | 69884 | 47 | 0.04 | | 26-Dec-13 | 73.86 | 51.8 | 69837 | 27 | 0.03 | | 24-Dec-13 | 67.05 | 47.0 | 69810 | 44 | 0.03 | | 23-Dec-13 | 64.67 | 45.3 | 69766 | 53 | 0.04 | | 20-Dec-13 | 68.59 | 48.0 | 69713 | 235 | 0.16 | | 19-Dec-13 | 62.23 | 43.4 | 69478 | 863 | 0.54 | | 18-Dec-13 | 54.45 | 37.5 | 68615 | 103 | 0.06 | | 17-Dec-13 | 69.66 | 47.9 | 68512 | 310 | 0.22 | | 16-Dec-13 | 76.41 | 52.3 | 68202 | 902 | 0.70 | | 13-Dec-13 | 90.48 | 61.1 | 67300 | -87 | -0.08 | 67300 | 12-Dec-13 | 86.96 | 58.8 | 67387 | 666 | 0.58 | | 11-Dec-13 | 91.71 | 61.4 | 66721 | 86 | 0.08 | | 10-Dec-13 | 93.62 | 62.6 | 66635 | 27 | 0.02 | | 9-Dec-13 | 84.68 | 56.6 | 66608 | 33 | 0.02 | | 6-Dec-13 | 92.35 | 61.7 | 66575 | 404 | 0.37 | | 5-Dec-13 | 100.14 | 66.5 | 66171 | 976 | 0.98 | | 4-Dec-13 | 110.96 | 72.6 | 65195 | 147 | 0.16 | | 3-Dec-13 | 105.54 | 68.9 | 65048 | 114 | 0.12 | | 2-Dec-13 | 97.13 | 63.3 | 64934 | 1076 | 1.05 | | 29-Nov-13 | 107.81 | 69.1 | 63858 | 383 | 0.41 | 63858 | 27-Nov-13 | 92.45 | 58.9 | 63475 | 2427 | 2.25 | | 26-Nov-13 | 83.07 | 50.9 | 61048 | 1223 | 1.02 | | 25-Nov-13 | 77.94 | 46.8 | 59825 | 1028 | 0.80 | | 22-Nov-13 | 71.00 | 41.9 | 58797 | 3044 | 2.17 | | 21-Nov-13 | 63.26 | 35.4 | 55753 | -110 | -0.07 | | 20-Nov-13 | 52.97 | 29.7 | 55863 | | | | 19-Nov-13 | 63.82 | | | | | | 18-Nov-13 | 55.22 | 29.7 | 53587 | 297 | 0.16 | | 15-Nov-13 | 42.44 | 22.7 | 53290 | 560 | 0.24 | | 14-Nov-13 | 41.19 | 21.8 | 52730 | | 0.00 | | 13-Nov-13 | 38.24 | | | | 0.00 | | 12-Nov-13 | 35.47 | | | | 0.00 | | 8-Nov-13 | 31.96 | | | | 0.00 | | 7-Nov-13 | 28.65 | | | | 0.0 | | 6-Nov-13 | 25.45 | | | | 0.0 | | 5-Nov-13 | 23.78 | 8.3 | 34700 | | | 34700 | 4-Nov-13 | 21.97 | | | | | | 1-Nov-13 | 20.46 | | | | | | 31-Oct-13 | 20.02 | | | | | | 30-Oct-13 | 20.30 | | | | | | 29-Oct-13 | 20.03 | | | | | | 28-Oct-13 | 19.62 | | | | | | 25-Oct-13 | 18.04 | | | | | | 24-Oct-13 | 19.46 | | | | | | 23-Oct-13 | 20.10 | | | | | | 22-Oct-13 | 19.10 | | | | | | 21-Oct-13 | 17.90 | | | | | | 18-Oct-13 | 15.20 | | | | | | 17-Oct-13 | 14.55 | | | | | | 16-Oct-13 | 14.86 | | | | | | 15-Oct-13 | 14.31 | | | | | | 14-Oct-13 | 14.27 | | | | | | 11-Oct-13 | 13.03 | | | | | | 10-Oct-13 | 13.14 | | | | | | 9-Oct-13 | 13.03 | | | | | | 8-Oct-13 | 12.52 | | | | | | 7-Oct-13 | 12.77 | | | | | | 4-Oct-13 | 12.63 | | | | | | 3-Oct-13 | 11.70 | | | | | | 2-Oct-13 | 11.86 | | | | | | 1-Oct-13 | 13.22 | | | | | | 30-Sep-13 | 13.26 | | | | | | 27-Sep-13 | 13.35 | | | | | | 26-Sep-13 | 12.67 | | | | | | 25-Sep-13 | 12.88 | | | | | | Seed Investment | 12.64 | 2.3 | 17800 | | | 17800 |
|
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
leopard2
Legendary
Offline
Activity: 1372
Merit: 1014
|
|
April 29, 2014, 07:25:37 PM |
|
Chinese government has a similar table But MUCH larger numbers !
|
Truth is the new hatespeech.
|
|
|
counter
|
|
April 29, 2014, 09:08:37 PM |
|
Well this is an interesting thread and pretty informative. I for one was not even aware of this market so yea I"m learning alot.
|
|
|
|
Bitcoin_is_here_to_stay
|
|
April 29, 2014, 09:15:12 PM |
|
April 25th: NAV $45.85 Net assets: $48.2 MM Conclusion: no change (-16 BTC) April 28th: NAV $43.00 Net assets: $45.2 MM No new BTC bought (up to 200 BTC could be sold, impossible to tell due to rounding) April 29th: NAV $43.77 Net assets: $46.0 MM Conclusion: no change
|
|
|
|
Bitcoin_is_here_to_stay
|
|
May 01, 2014, 02:32:58 AM |
|
April 25th: NAV $45.85 Net assets: $48.2 MM Conclusion: no change (-16 BTC) April 28th: NAV $43.00 Net assets: $45.2 MM No new BTC bought (up to 200 BTC could be sold, impossible to tell due to rounding) April 29th: NAV $43.77 Net assets: $46.0 MM Conclusion: no change April 30th: NAV $43.62 Net assets: $45.8 MM Conclusion: no change
|
|
|
|
Bitcoin_is_here_to_stay
|
|
May 01, 2014, 11:55:30 PM |
|
April 25th: NAV $45.85 Net assets: $48.2 MM Conclusion: no change (-16 BTC) April 28th: NAV $43.00 Net assets: $45.2 MM No new BTC bought (up to 200 BTC could be sold, impossible to tell due to rounding) April 29th: NAV $43.77 Net assets: $46.0 MM Conclusion: no change April 30th: NAV $43.62 Net assets: $45.8 MM Conclusion: no change
May 1st: NAV $44.79 Net assets: $47.6 MM 1283 BTC bought (= $0.575 MM invested, I am using the fact that they allow to invest only in 25k$ units in calculations)
|
|
|
|
jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1097
|
|
May 02, 2014, 02:39:25 AM |
|
1256XBT bought yesterday
April 2014 data revised with latest actual holding value
|
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
|
|
|
chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
May 02, 2014, 03:22:58 AM |
|
I'm actually impressed by how low the price is given how many were purchased through SecondMarket alone. That's a lot of bitcoins!
|
|
|
|
Bitcoin_is_here_to_stay
|
|
May 02, 2014, 04:15:16 AM |
|
I'm actually impressed by how low the price is given how many were purchased through SecondMarket alone. That's a lot of bitcoins!
Well, it shows that price will be lower without them. Perhaps also explains why Stamp prices are often higher these days - seems that often one can match SecondMarket purchase to walls on Stamp, imho.
|
|
|
|
nioc
Legendary
Offline
Activity: 1624
Merit: 1008
|
|
May 02, 2014, 05:09:44 AM |
|
How do you know they purchase on Stamp?
Every "buy" happens on a Thursday. I find it strange that they would buy on an exchange always on the same day without regard to the price, especially considering the current lack of liquidity. The consistent timing seems to indicate a prearranged agreement with a mining pool or other entity.
|
|
|
|
Stevenrm87
|
|
May 02, 2014, 06:42:55 AM |
|
How do you know they purchase on Stamp?
Every "buy" happens on a Thursday. I find it strange that they would buy on an exchange always on the same day without regard to the price, especially considering the current lack of liquidity. The consistent timing seems to indicate a prearranged agreement with a mining pool or other entity.
bingo
|
Selling fully funded Titan BTC Physical Bitcoins, Gold and SIlver - BTC Physical Bitcoins BTC PM if interested.
|
|
|
|