I'll need a better understanding of how this is priced I see.
I am a little confused there myself. If that is correct this would be a really bad deal. Hopefully more information comes out soon.
Topic: [2014-07-01] Winklevoss Bitcoin Trust Plans to List on Nasdaq Under 'COIN' (Read 860 times)
July 01, 2014, 10:30:29 PM
I am a little confused there myself. If that is correct this would be a really bad deal. Hopefully more information comes out soon.
July 01, 2014, 10:27:51 PM
A "basket of shares" = 50,000 shares = 0.2 bitcoins. So if I buy 50,000 shares at $20/share, then I will have in my hands 0.2 bitcoins for the low price $1,000,000. Sounds like a great deal ... for somebody at least!
There's no way that can be correct but if so, please cut me in on the deal. I'll gladly fork over a .2BTC w/ a tip for a lot less than a mill-ticket. 
July 01, 2014, 09:05:41 PM
I'll need a better understanding of how this is priced I see.
July 01, 2014, 07:48:40 PM
A "basket of shares" = 50,000 shares = 0.2 bitcoins. So if I buy 50,000 shares at $20/share, then I will have in my hands 0.2 bitcoins for the low price $1,000,000. Sounds like a great deal ... for somebody at least!
July 01, 2014, 07:31:01 PM
1 million shares at 20$ a share. So the share price can fluctuate, but the number of trading units needs to increase. I dream of many splits ahead. 'Coin splits' added to the lexicon 
Quote
The price of bitcoins is based on a weighted average of the average of the high and low transaction prices of bitcoins on June 27, 2013 on three major Bitcoin Exchange sites: Mt. Gox, BitStamp and BTC-e. On June 27, 2013, this price was $100.45/bitcoin.
July 01, 2014, 04:29:36 PM
Winklevoss Bitcoin Trust Plans to List on Nasdaq Under 'COIN'
http://www.streetinsider.com/Forex/Winklevoss+Bitcoin+Trust+Plans+to+List+on+Nasdaq+Under+COIN/9629980.html
thats it. nothing more. but interesting
http://www.streetinsider.com/Forex/Winklevoss+Bitcoin+Trust+Plans+to+List+on+Nasdaq+Under+COIN/9629980.html
thats it. nothing more. but interesting
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