Winklevoss ETF will list on NASDAQ as "COIN"

[BitchicksHusband]

http://www.streetinsider.com/Forex/Winklevoss+Bitcoin+Trust+Plans+to+List+on+Nasdaq+Under+COIN/9629980.html

[YogoH]

Pretty good day for bitcoin

[zimmah]

Pretty good day for bitcoin

I wonder when the price will start showing all the good news of the past months.

$650 is a joke

[alexeft]

Pretty good day for bitcoin

I wonder when the price will start showing all the good news of the past months.

$650 is a joke

No my friend!!! It's going to fall!!! 

[TrollinU]

Pretty good day for bitcoin

I wonder when the price will start showing all the good news of the past months.

$650 is a joke

By the time the news comes out, it's already priced in. umad bro?

[yayayo]

So now we know the ticker symbol. But when will it start trading?

I feel like ages have passed since the first announcement of the trust. Is the registration process reaching completion any time soon?
If it requires a lot more time it may be possible that their investment vehicle is no longer of any use, because Bitcoin is already easily accessible for everyone.

ya.ya.yo!

[wachtwoord]

So now we know the ticker symbol. But when will it start trading?

I feel like ages have passed since the first announcement of the trust. Is the registration process reaching completion any time soon?
If it requires a lot more time it may be possible that their investment vehicle is no longer of any use, because Bitcoin is already easily accessible for everyone.

ya.ya.yo!

Well ASAP apparently:

Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective.

[Wandererfromthenorth]

Pretty good day for bitcoin

I wonder when the price will start showing all the good news of the past months.

$650 is a joke

This

[BitchicksHusband]

So now we know the ticker symbol. But when will it start trading?

I feel like ages have passed since the first announcement of the trust. Is the registration process reaching completion any time soon?
If it requires a lot more time it may be possible that their investment vehicle is no longer of any use, because Bitcoin is already easily accessible for everyone.

ya.ya.yo!

Just one more step closer.  As soon as it happens, my self-directed IRAs are going into bitcoin.

[ThomasCrowne]

Pretty good day for bitcoin

I wonder when the price will start showing all the good news of the past months.

$650 is a joke

No my friend!!! It's going to fall!!! 

Maybe...but like the phoenix she will rise again stronger than ever!!

[Biodom]

Pretty good day for bitcoin

I wonder when the price will start showing all the good news of the past months.

$650 is a joke

yes it is, price should be around $1500 if we follow the long term log graph trend by Stephen Reed (SlipperySlope):
Below is delta from the trend and one can see that we are scraping the bottom:
https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=7

nobody should sell until we are at least at +0.4

[twiifm]

Buy, Buy, Buy ! 650 is bargain, snip, gift, mullock, garbage... 

If there are options on this it'll get shorted big time

[lay785]

Buy, Buy, Buy ! 650 is bargain, snip, gift, mullock, garbage... 

If there are options on this it'll get shorted big time

check out bitfinex

[twiifm]

Buy, Buy, Buy ! 650 is bargain, snip, gift, mullock, garbage... 

If there are options on this it'll get shorted big time

check out bitfinex

I have.   But w options its a lot easier to build risk limited positions

And I just want to do it from my TDA account

[BetMoose]

It's a pretty contentious issue, the better question is whether or not they'll manage to get it out before year's end...

___________

Winklevoss Bitcoin ETF will trade on the NASDAQOptions: Yes | No

[twiifm]

Only 1 million shares.   Small float = easy manipulation

Pump and dump time

[transient858]

Only 1 million shares.   Small float = easy manipulation

Pump and dump time

Having access to wall street money, who really know how high bitcoin will go.

[twiifm]

Only 1 million shares.   Small float = easy manipulation

Pump and dump time

Having access to wall street money, who really know how high bitcoin will go.

Yeah they'll pump it then dump it.   Leaving all retail bagholders in tears.   Seen it all the time in pennystocks

[AdamSmith]

Only 1 million shares.   Small float = easy manipulation

Pump and dump time

Having access to wall street money, who really know how high bitcoin will go.

Yeah they'll pump it then dump it.   Leaving all retail bagholders in tears.   Seen it all the time in pennystocks

A wise investor needs to have exit strategy and not trying to time the market to exit at the top.

[medUSA]

I am reading the Registration Statement now. I do not understand the maths behind it. Can anyone help me out?

My understanding (could be wrong) of the COIN ETF: WBT is issuing 1 million shares and each share represents 0.2btc. The price of bitcoin today is around $600 (for easy calculation). So, each share should have a trading value of around $120. But on page 1 of the Registration Statement, it says "proposed maximum offering price per Share" is $20.09??

The share price listed on nasdaq is also $20.09:
http://www.nasdaq.com/markets/ipos/company/winklevoss-bitcoin-trust-909930-72927

Is that $20.09 offering price going to change?
If not, who is going to make money from the $100 price difference?

Thanks!