Author

Topic: Can I Arbitrage GBTC ? (Read 911 times)

legendary
Activity: 2940
Merit: 1131
May 09, 2015, 05:01:07 AM
#8
I asked basically the same, and here is the short answer:
https://bitcointalksearch.org/topic/--1052139
legendary
Activity: 3248
Merit: 1070
May 09, 2015, 02:24:06 AM
#7
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC Huh?

If can, then how Huh?

If cannot, then why Huh??


Please, anyone
No, because you're buying SHARES not bitcoins.

Sorry, but I still do not understand, who is selling right now? how did they acquire the share to sell? and why dont the buyer buy cheap $250 instead of buy expensive $500 ?

read here http://bitcoinist.net/gbtc-bitcoin-investment-fund-live/

they are two different thing, gbtc where create for those who don't want to deal with all the hassles of bitcoin

the price is higher because they are speculating on it, in other words the demand is higher for now
hero member
Activity: 756
Merit: 500
May 09, 2015, 02:20:57 AM
#6
You can not arbitrage GBTC.  If you want to create GBTC shares you need to wait 12 months.

In this sense, GBTC supply is quite limited.
legendary
Activity: 812
Merit: 1000
May 09, 2015, 01:46:37 AM
#5

What time does gbtc trading open and close daily? also is it open on the weekend?

lol it seems kinda funny that you cant trade 24/7 in tradition markets after being used to btc trading.
full member
Activity: 179
Merit: 100
May 09, 2015, 12:49:35 AM
#4
hi bob

do some homework
hero member
Activity: 630
Merit: 500
May 09, 2015, 12:38:44 AM
#3
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC Huh?

If can, then how Huh?

If cannot, then why Huh??


Please, anyone
No, because you're buying SHARES not bitcoins.

Sorry, but I still do not understand, who is selling right now? how did they acquire the share to sell? and why dont the buyer buy cheap $250 instead of buy expensive $500 ?
newbie
Activity: 40
Merit: 0
May 09, 2015, 12:22:23 AM
#2
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC Huh?

If can, then how Huh?

If cannot, then why Huh??


Please, anyone
No, because you're buying SHARES not bitcoins.
hero member
Activity: 630
Merit: 500
May 08, 2015, 11:44:23 PM
#1
Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC Huh?

If can, then how Huh?

If cannot, then why Huh??


Please, anyone
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