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Topic: GBTC Bitcoin Investment Trust Observer - page 100. (Read 262357 times)

legendary
Activity: 2156
Merit: 1070
February 06, 2014, 10:46:12 PM
No, there is just a group of us that make up these #s daily, depending on how we are feeling and what the general consensus is.  We felt since the market was going down, it would be good to show large #s the last few days. Wink

Thanks for showing your sarcasm skills...
But I'm really interested in this, so if you can tell me  Smiley

I'm glad you asked as I have been wondering the same thing myself. The OP edits the thread almost everyday to update it, but I am not sure where he gets the info. Perhaps if you are client you have access to that info?
sr. member
Activity: 442
Merit: 250
February 06, 2014, 10:43:12 PM
No, there is just a group of us that make up these #s daily, depending on how we are feeling and what the general consensus is.  We felt since the market was going down, it would be good to show large #s the last few days. Wink

Thanks for showing your sarcasm skills...
But I'm really interested in this, so if you can tell me  Smiley
legendary
Activity: 2156
Merit: 1070
February 06, 2014, 10:34:14 PM

I know for that but any offical lpage/link?

No, there is just a group of us that make up these #s daily, depending on how we are feeling and what the general consensus is.  We felt since the market was going down, it would be good to show large #s the last few days. Wink
sr. member
Activity: 442
Merit: 250
February 06, 2014, 10:32:43 PM

I know for that but any offical lpage/link?
legendary
Activity: 1792
Merit: 1111
February 06, 2014, 10:31:12 PM
Another 620XBT bought yesterday

Where do you see that? Thanks

See the OP
sr. member
Activity: 442
Merit: 250
February 06, 2014, 10:27:53 PM
Another 620XBT bought yesterday

Where do you see that? Thanks
hero member
Activity: 756
Merit: 500
February 06, 2014, 09:40:52 PM
Not enough to stamp the tide.  Until people realize gox is completely irrelevant, they'll serve as a cap on the prices.
legendary
Activity: 1792
Merit: 1111
February 06, 2014, 09:25:31 PM
Another 620XBT bought yesterday
legendary
Activity: 4228
Merit: 1313
February 06, 2014, 08:11:26 PM
5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Their attorney said last week (don't have the link) that it might be 2015 before the etf goes live, alas.

Wall Street and other still have a lot more front running to do before bringing bitcoin to the masses. Just like with Facebook where they were able to buy share 5 years before the public.

At least with bitcoin for once those willing to do things themselves can front run wall street for once.

Great point, although I don't think it is Wall Street blocking this one, but Washington. As you say, the good thing is that you don't need Wall Street to buy in.
legendary
Activity: 1458
Merit: 1006
February 06, 2014, 08:07:14 PM
5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Nice. One could rephrase it as a riddle: "What happens when a fixed monetary supply meets unstoppable demand?"
legendary
Activity: 1153
Merit: 1000
February 06, 2014, 07:04:08 PM
5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Their attorney said last week (don't have the link) that it might be 2015 before the etf goes live, alas.

Wall Street and other still have a lot more front running to do before bringing bitcoin to the masses. Just like with Facebook where they were able to buy share 5 years before the public.

At least with bitcoin for once those willing to do things themselves can front run wall street for once.
full member
Activity: 140
Merit: 100
February 06, 2014, 06:49:29 PM
It wasnt a Typo!!

They must have purchased all of those coins off the exchanges then.  The price went down yesterday in spite of that huge of a purchase.
Huge is relative to 3600 coins mined per day.  Smiley
legendary
Activity: 4228
Merit: 1313
February 06, 2014, 06:01:53 PM
5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.

Their attorney said last week (don't have the link) that it might be 2015 before the etf goes live, alas.
legendary
Activity: 1153
Merit: 1000
February 06, 2014, 05:46:48 PM
5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

And second market is inaccessible to most people, when the twin's ETF goes live that is when bitcoin doubters will see what happens when demand meets fixed supply.
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
February 06, 2014, 05:02:21 PM
It wasnt a Typo!!

They must have purchased all of those coins off the exchanges then.  The price went down yesterday in spite of that huge of a purchase.

I think almost all their purchases are off the exchanges.
legendary
Activity: 1148
Merit: 1001
February 06, 2014, 04:59:08 PM
It wasnt a Typo!!

They must have purchased all of those coins off the exchanges then.  The price went down yesterday in spite of that huge of a purchase.
full member
Activity: 131
Merit: 100
February 06, 2014, 04:55:30 PM
It wasnt a Typo!!
legendary
Activity: 1792
Merit: 1111
February 06, 2014, 12:42:17 AM
5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).

Yes, we should know whether it is a typo or not tomorrow
sr. member
Activity: 323
Merit: 251
February 05, 2014, 07:15:01 PM
5870 BTC bought.

Biggest recorded buy yet (unless they've made a typo, they've made one before).
sr. member
Activity: 448
Merit: 250
February 01, 2014, 09:11:28 AM
It would be funny if someone bought the FBI's stash via the BIT... haha
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