RoadTrain
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May 13, 2014, 08:46:21 AM |
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Any update?
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jl2012 (OP)
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Activity: 1792
Merit: 1111
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May 13, 2014, 10:18:14 AM |
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Any update?
No action, will update later
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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thecoinjournal
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May 13, 2014, 03:56:56 PM |
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Any update?
No action, will update later Will you update the speculation thread as well? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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darlidada
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2014, 12:35:35 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
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jl2012 (OP)
Legendary
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Activity: 1792
Merit: 1111
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May 15, 2014, 12:46:16 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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Pruden
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2014, 02:39:58 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released I would be satisfied with that day's closing price in Bitstamp. It would certainly help to appreciate the absolute failure at timing the BIT investors have been consistently achieving over the bear market. EDIT: Unless there is some delay before publishing figures and they have actually picked the bottoms beautifully.
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jl2012 (OP)
Legendary
Offline
Activity: 1792
Merit: 1111
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2014, 06:09:14 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released I would be satisfied with that day's closing price in Bitstamp. It would certainly help to appreciate the absolute failure at timing the BIT investors have been consistently achieving over the bear market. EDIT: Unless there is some delay before publishing figures and they have actually picked the bottoms beautifully. If you read the OP carefully you should find what you want
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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darlidada
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2014, 10:30:20 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released I would be satisfied with that day's closing price in Bitstamp. It would certainly help to appreciate the absolute failure at timing the BIT investors have been consistently achieving over the bear market. EDIT: Unless there is some delay before publishing figures and they have actually picked the bottoms beautifully. If you read the OP carefully you should find what you want Is it the NAV thing ? 1 share = 1/10 of a bitcoin ? If so, is it me or they sell when its low? For instance: 11-Apr-14 38.34 39.2 101144 -555 -0.21 Why the fuck did they sell ? Am i reading the graph correctly ? I thought they were top pro investors. I'm reading this thread to learn from the pros lol. I'm not even kidding. If not, would you mind telling us where is the price indicated instead of telling us to read something I'm sure we read 10 times already but we either are 1) not from an english speaking country 2) too noob to figure it out 3) both
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BitchicksHusband
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2014, 10:42:26 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released I would be satisfied with that day's closing price in Bitstamp. It would certainly help to appreciate the absolute failure at timing the BIT investors have been consistently achieving over the bear market. EDIT: Unless there is some delay before publishing figures and they have actually picked the bottoms beautifully. If you read the OP carefully you should find what you want Is it the NAV thing ? 1 share = 1/10 of a bitcoin ? If so, is it me or they sell when its low? For instance: 11-Apr-14 38.34 39.2 101144 -555 -0.21 Why the fuck did they sell ? Am i reading the graph correctly ? I thought they were top pro investors. I'm reading this thread to learn from the pros lol. I'm not even kidding. If not, would you mind telling us where is the price indicated instead of telling us to read something I'm sure we read 10 times already but we either are 1) not from an english speaking country 2) too noob to figure it out 3) both They are not trying to be top pro investors. They are letting you* get in or out whenever you want at whatever price you* see fit. (* For values of "you" that include mega-wealthy millionaires.)
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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Bitcoin_is_here_to_stay
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2014, 11:38:39 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released I would be satisfied with that day's closing price in Bitstamp. It would certainly help to appreciate the absolute failure at timing the BIT investors have been consistently achieving over the bear market. EDIT: Unless there is some delay before publishing figures and they have actually picked the bottoms beautifully. If you read the OP carefully you should find what you want Is it the NAV thing ? 1 share = 1/10 of a bitcoin ? If so, is it me or they sell when its low? For instance: 11-Apr-14 38.34 39.2 101144 -555 -0.21 Why the fuck did they sell ? Am i reading the graph correctly ? I thought they were top pro investors. I'm reading this thread to learn from the pros lol. I'm not even kidding. If not, would you mind telling us where is the price indicated instead of telling us to read something I'm sure we read 10 times already but we either are 1) not from an english speaking country 2) too noob to figure it out 3) both You have also to take into account that they are only allowed to buy in multiplies of 25k$. They are by no means top investors - just people who happen to have a spare $25,000 and want to invest it in bitcoin. This is not actively managed fund, Barry buys whenever his retail investors want. Initially, they were only allowed to buy - many of their investors still cannot sell (those who invested in the last 6 months). Yeah, they have history of "buying at the top". Think of them as the richer noobs ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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darlidada
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2014, 12:39:11 AM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released I would be satisfied with that day's closing price in Bitstamp. It would certainly help to appreciate the absolute failure at timing the BIT investors have been consistently achieving over the bear market. EDIT: Unless there is some delay before publishing figures and they have actually picked the bottoms beautifully. If you read the OP carefully you should find what you want Is it the NAV thing ? 1 share = 1/10 of a bitcoin ? If so, is it me or they sell when its low? For instance: 11-Apr-14 38.34 39.2 101144 -555 -0.21 Why the fuck did they sell ? Am i reading the graph correctly ? I thought they were top pro investors. I'm reading this thread to learn from the pros lol. I'm not even kidding. If not, would you mind telling us where is the price indicated instead of telling us to read something I'm sure we read 10 times already but we either are 1) not from an english speaking country 2) too noob to figure it out 3) both You have also to take into account that they are only allowed to buy in multiplies of 25k$. They are by no means top investors - just people who happen to have a spare $25,000 and want to invest it in bitcoin. This is not actively managed fund, Barry buys whenever his retail investors want. Initially, they were only allowed to buy - many of their investors still cannot sell (those who invested in the last 6 months). Yeah, they have history of "buying at the top". Think of them as the richer noobs ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Omg, if thats true, barry must make so much money from these guys. He just has to wait for his phone to ring and his investors litterally give him money. He doesnt even have to call them ! He's waiting for them to make bad calls ! Do you all realise ? It's like a giant casino that taxes its players two times : for the membership and whenever they play. THIS IS PURE AWESOMENESS I AM IN AWE BARRY, I BOW TO YOU
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serenitys
Full Member
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Activity: 126
Merit: 101
Be Here Now
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May 16, 2014, 12:58:25 AM |
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So everyone going to start buying on Thursdays now? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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You say "anti government" like that's a bad thing...
Unfortunate times will bring out the best in good people and the worst in bad people
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Bitcopia
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2014, 01:47:50 PM |
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So everyone going to start buying on Thursdays now? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Wednesday night ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Bitcoin_is_here_to_stay
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2014, 03:27:57 PM |
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Would you mind indicating the bitcoin price at which they buy too ? It's one of the most important thing to know and can help a lot when you are a noob at bitcoin investment
It's not possible as no such data is released I would be satisfied with that day's closing price in Bitstamp. It would certainly help to appreciate the absolute failure at timing the BIT investors have been consistently achieving over the bear market. EDIT: Unless there is some delay before publishing figures and they have actually picked the bottoms beautifully. If you read the OP carefully you should find what you want Is it the NAV thing ? 1 share = 1/10 of a bitcoin ? If so, is it me or they sell when its low? For instance: 11-Apr-14 38.34 39.2 101144 -555 -0.21 Why the fuck did they sell ? Am i reading the graph correctly ? I thought they were top pro investors. I'm reading this thread to learn from the pros lol. I'm not even kidding. If not, would you mind telling us where is the price indicated instead of telling us to read something I'm sure we read 10 times already but we either are 1) not from an english speaking country 2) too noob to figure it out 3) both You have also to take into account that they are only allowed to buy in multiplies of 25k$. They are by no means top investors - just people who happen to have a spare $25,000 and want to invest it in bitcoin. This is not actively managed fund, Barry buys whenever his retail investors want. Initially, they were only allowed to buy - many of their investors still cannot sell (those who invested in the last 6 months). Yeah, they have history of "buying at the top". Think of them as the richer noobs ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Omg, if thats true, barry must make so much money from these guys. He just has to wait for his phone to ring and his investors litterally give him money. He doesnt even have to call them ! He's waiting for them to make bad calls ! Do you all realise ? It's like a giant casino that taxes its players two times : for the membership and whenever they play. THIS IS PURE AWESOMENESS I AM IN AWE BARRY, I BOW TO YOU Yeah, they charge all kind of fees: entry fee, exit fee, management fee ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . If you sell after a year, I think you will pay them 5%+ for the pleasure ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . The Second Markets only job is to keep bitcoins safe for the investors. They are also trying to buy them below market price from the third parties, not sure if it is for their or their investors profit. But to get such a cushy job you have to comply with all kinds of regulations, do ton of paperwork, invest ton of your own money initially - so don't get too jealous
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Biodom
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Activity: 3864
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May 16, 2014, 09:46:36 PM |
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I see now why they are not buying with such gusto anymore. Coindesk has news that says that at least one of their bank accounts was cancelled. What a bummer. http://www.coindesk.com/bitcoin-businesses-detail-banking-setbacks-at-us-task-force-hearing/Annemarie Tierney, general counsel and legal EVP for SecondMarket, told the panel that the high-risk profiling recently cost the company a long-time banking relationship.
She said:
“[The bank] gave us notice yesterday that they wanted to end that banking relationship, in part because our transitions around bitcoin, even though we’re not an MSB or an exchange, [it] raised our risk profile and it was too much work for them to figure it out.”
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elux
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Activity: 1458
Merit: 1006
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May 17, 2014, 01:40:23 AM |
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I'm at a loss for words. This is just incredible. Shameful. USA, get your shit together.
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Patel
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May 17, 2014, 01:48:29 AM |
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I guess the SecondMarket Exchange launch for the summer will be postponed since they lost their banking relationship
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 17, 2014, 01:51:29 AM |
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The wording is 'one of their bank accounts'. I assume they'd have to have a committed bank on board to be talking seriously about an exchange.
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Bitcoin_is_here_to_stay
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2014, 02:07:40 AM |
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I'm at a loss for words. This is just incredible. Shameful. USA, get your shit together. Exactly. Have we become China yet or what? Since when hedge funds are suppose to invest in super safe securities and how it is their bank business what Second Market invests in? Sounds almost like April Fool's news ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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