GBTC Bitcoin Investment Trust Observer - page 105.

BitcoinAshley

sr. member

Activity: 448

Merit: 250

Sure, because, every country in the world celebrates Christmas, and investors always take the entire season off b/c "holidays," and also because rich people tend to spend a lot more than like 1% of their net worth on gifts for others (hint: they don't, so they won't need to cash out 1/3 of their stash to buy CHRISTMAS PRESENTS lolol forreal)

Ok, next? Tongue

And yes, pearl of wisdom here:

Quote from: ElectricMucus on December 12, 2013, 01:25:57 PM

Honestly I have no idea what will happen over the next few months.

I find myself in the same situation. I've never been much of a fortune teller anyways, but right now, the crystal ball might as well be made of onyx given current market conditions - and I'm more talking about "Real world markets" than bitcoin market.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: BitchicksHusband on December 12, 2013, 03:52:22 PM

Quote from: windjc on December 12, 2013, 04:42:52 AM

Quote from: jl2012 on December 12, 2013, 01:12:47 AM

Quote from: ?? on ??

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

Men, the fund is only 6 weeks old. Things are progressing quite quickly IMO. They already have over $60 mil invested, which comes to about $10 mil a week!

But this week it is growing significantly slower than before

No shit. Its the holidays.

Think.

I keep getting shouted down for mentioning that people are going to buy gifts rather than bitcoins at Christmas-time. Go figure.

Its not just buying gift, but who is investing during the holidays? No one. Everyone is in vacation mode.

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

Quote from: piramida on December 13, 2013, 02:48:54 AM

Quote from: BitchicksHusband on December 12, 2013, 03:52:22 PM

Quote from: windjc on December 12, 2013, 04:42:52 AM

Quote from: jl2012 on December 12, 2013, 01:12:47 AM

Quote from: ?? on ??

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

Men, the fund is only 6 weeks old. Things are progressing quite quickly IMO. They already have over $60 mil invested, which comes to about $10 mil a week!

But this week it is growing significantly slower than before

No shit. Its the holidays.

Think.

I keep getting shouted down for mentioning that people are going to buy gifts rather than bitcoins at Christmas-time. Go figure.

But really, is there a better gift than this:

I had 3x this many, but I gave the rest away... Including 2 of the 25s...

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: BitchicksHusband on December 12, 2013, 03:52:22 PM

Quote from: windjc on December 12, 2013, 04:42:52 AM

Quote from: jl2012 on December 12, 2013, 01:12:47 AM

Quote from: ?? on ??

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

Men, the fund is only 6 weeks old. Things are progressing quite quickly IMO. They already have over $60 mil invested, which comes to about $10 mil a week!

But this week it is growing significantly slower than before

No shit. Its the holidays.

Think.

I keep getting shouted down for mentioning that people are going to buy gifts rather than bitcoins at Christmas-time. Go figure.

But really, is there a better gift than this:

danielW

sr. member

Activity: 277

Merit: 257

Keep up the good work. I think we will be going past the $1k/Bitcoin mark again soon.

jl2012

legendary

Activity: 1792

Merit: 1111

670XBT bought with 580k$. Some actions again

cr1776

legendary

Activity: 4228

Merit: 1313

Quote from: BitchicksHusband on December 12, 2013, 03:52:22 PM

Quote from: windjc on December 12, 2013, 04:42:52 AM

Quote from: jl2012 on December 12, 2013, 01:12:47 AM

Quote from: ?? on ??

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

Men, the fund is only 6 weeks old. Things are progressing quite quickly IMO. They already have over $60 mil invested, which comes to about $10 mil a week!

But this week it is growing significantly slower than before

No shit. Its the holidays.

Think.

I keep getting shouted down for mentioning that people are going to buy gifts rather than bitcoins at Christmas-time. Go figure.

Maybe they should do both with coinsanta. ;-)

BitchicksHusband

sr. member

Activity: 378

Merit: 255

Quote from: windjc on December 12, 2013, 04:42:52 AM

Quote from: jl2012 on December 12, 2013, 01:12:47 AM

Quote from: ?? on ??

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

Men, the fund is only 6 weeks old. Things are progressing quite quickly IMO. They already have over $60 mil invested, which comes to about $10 mil a week!

But this week it is growing significantly slower than before

No shit. Its the holidays.

Think.

I keep getting shouted down for mentioning that people are going to buy gifts rather than bitcoins at Christmas-time. Go figure.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: BitcoinAshley on December 12, 2013, 01:11:25 PM

Quote from: Essex343 on December 12, 2013, 03:38:26 AM

[...] in fact btcchina already looks to be in a downtrend...

Quote from: ElectricMucus on December 12, 2013, 12:53:22 PM

Everytime I read "in fact" on this forum I want to punch through the monitor. The amount of bullshit is now just insufferable.

EM has turned bullish?

(Angry statement directly referring to another user's observation that "in fact" BTCchina appears to be in a downtrend)

At least that's how I read this. Cool

Or is he bearish?

Quote from: Apostata on December 12, 2013, 04:42:06 AM

In fact, the fund has been massively successful; They anticipated $10 million invested but have attracted $70 million to the fund so far.

Or, does he actually make a point about people talking about opinions and calling it "fact"?

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Honestly I have no idea what will happen over the next few months.

BitcoinAshley

sr. member

Activity: 448

Merit: 250

Quote from: Essex343 on December 12, 2013, 03:38:26 AM

[...] in fact btcchina already looks to be in a downtrend...

Quote from: ElectricMucus on December 12, 2013, 12:53:22 PM

Everytime I read "in fact" on this forum I want to punch through the monitor. The amount of bullshit is now just insufferable.

EM has turned bullish?

(Angry statement directly referring to another user's observation that "in fact" BTCchina appears to be in a downtrend)

At least that's how I read this. Cool

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Everytime I read "in fact" on this forum I want to punch through the monitor. The amount of bullshit is now just insufferable.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: jl2012 on December 12, 2013, 01:12:47 AM

Quote from: ?? on ??

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

Men, the fund is only 6 weeks old. Things are progressing quite quickly IMO. They already have over $60 mil invested, which comes to about $10 mil a week!

But this week it is growing significantly slower than before

No shit. Its the holidays.

Think.

Apostata

member

Activity: 98

Merit: 10

The fact that SecondMarket has slowed their purchases shouldn't get anyone worried. In fact, the fund has been massively successful; They anticipated $10 million invested but have attracted $70 million to the fund so far. This is 700% more than originally anticipated http://www.entrepreneur.com/article/230346

I suspect they have slowed down for the same reason the entire market has slowed down; everyone is just taking a much needed breather. Consolidation periods are good.

Essex343

full member

Activity: 196

Merit: 100

it is because it looks like we might downtrend, in fact btcchina already looks to be in a downtrend...

jl2012

legendary

Activity: 1792

Merit: 1111

Quote from: ?? on ??

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

Men, the fund is only 6 weeks old. Things are progressing quite quickly IMO. They already have over $60 mil invested, which comes to about $10 mil a week!

But this week it is growing significantly slower than before

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: jl2012 on December 09, 2013, 08:29:33 PM

~~Only 30XBT bought with 200k$. After the Chinese news and weekend crash people are sitting on the sidelines and watch~~

No bitcoin bought yesterday. The 30XBT is just rounding error. After the Chinese news and weekend crash people are sitting on the sidelines and watch

I can check the offering docs but IIRC the min investment is $25,000 not $250,000. So it could be one small investor.

jl2012

legendary

Activity: 1792

Merit: 1111

Only 80XBT bought yesterday with 80k$.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: jl2012 on December 10, 2013, 08:03:57 PM

Again, no bitcoin bought yesterday. People are scared away?

pump & dump

jl2012

legendary

Activity: 1792

Merit: 1111

Again, no bitcoin bought yesterday. People are scared away?

Topic: GBTC Bitcoin Investment Trust Observer - page 105. (Read 262357 times)