Topic: GBTC Bitcoin Investment Trust Observer - page 107. (Read 262357 times)
About 150XBT was bought yesterday with about 0.2M$. It is really slowed down
how much is an xbt? is that just 1 bitcoin?
XBT is the almost-official designation for bitcoin. See http://en.wikipedia.org/wiki/ISO_4217.
In other words cargo cult.
how much is an xbt? is that just 1 bitcoin?
XBT is the almost-official designation for bitcoin. See http://en.wikipedia.org/wiki/ISO_4217.
At http://www.bitcointrust.co/ it says:
LIQUIDITY: To commence no later than March 2014.
So, should we expect a sell off right before March?
LIQUIDITY: To commence no later than March 2014.
So, should we expect a sell off right before March?
My wife thinks there are a lot of people just WAITING to get into this that refuse to tie up their money. So they will wait until the liquidity event to get in. If she's right, they may offset the sellers.
how much is an xbt? is that just 1 bitcoin?
At http://www.bitcointrust.co/ it says:
LIQUIDITY: To commence no later than March 2014.
So, should we expect a sell off right before March?
LIQUIDITY: To commence no later than March 2014.
So, should we expect a sell off right before March?
Around 100XBT bought yesterday with 0.1M$. (This may just be rounding error and no XBT was bought yesterday). Whales slow down after the crash?
Around 1080XBT bought yesterday with 1M$
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(If you like this table, please consider to donate. Thank you!)
Anyone know a licensed appraiser in the US who can create a third party appraisal to document one's net worth that includes assets in the bitcoin blockchain, to satisfy SEC rulings regarding an 'accredited investor'?
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.
Why don't you just buy bitcoin? Save you a lot of trouble.
Because you can't with retirement funds.
Anyone know a licensed appraiser in the US who can create a third party appraisal to document one's net worth that includes assets in the bitcoin blockchain, to satisfy SEC rulings regarding an 'accredited investor'?
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.
Why don't you just buy bitcoin? Save you a lot of trouble.
They bought about 1000XBT on December 2, 2013
that is almost 30% of daily minting ... not bad for a single investment fund.
Yep, barry is some sort of halving on two legs...
They bought about 1000XBT on December 2, 2013
that is almost 30% of daily minting ... not bad for a single investment fund.
Very useful thread. Would be nice to have another column with the daily deltas (how many XBT added), rather than having to eyeball it. Bonus points for a final column with the dollar value of the added XBT (based on the day's NAV).
Anyone know a licensed appraiser in the US who can create a third party appraisal to document one's net worth that includes assets in the bitcoin blockchain, to satisfy SEC rulings regarding an 'accredited investor'?
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.
SEC requires second market to document all investors in BIT in a very restrictive and non-sensical fashion.
They bought about 1000XBT on December 2, 2013
Where are you getting the total "Net Assets" from. I can only find the NAV on their web site. There is an update btw.
NAV / price per share
Shares = .1 bitcoin
Where are you getting the total "Net Assets" from. I can only find the NAV on their web site. There is an update btw.
NAV / price per share
Shares = .1 bitcoin
Where are you getting the total "Net Assets" from. I can only find the NAV on their web site. There is an update btw.
https://www.secondmarket.com/company/bitcoin-investment-trust
About 300-400 coins bought on 29 Nov
Where are you getting the total "Net Assets" from. I can only find the NAV on their web site. There is an update btw.
So, no one can sell yet. Isn't there at least some fear that people who've bought into the fund will dump when they finally can and it goes "liquid" or whatever (many months from now I guess)? Of course, the market will anticipate that.. but interesting to think about.
I have already pondered this. I would think that not everyone would want to sell off at once though. Perhaps it will take a dip at first, but then I was thinking that there may be some people that are waiting to invest until the point in which the fund is liquid because they do not want their money tied up in something that they cannot get it out of? Perhaps out of fear of no control? It is hard to say.
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