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Topic: GBTC Bitcoin Investment Trust Observer - page 27. (Read 262354 times)

sr. member
Activity: 283
Merit: 250
October 04, 2015, 09:00:32 AM
Hey man, thanks for your work on this. I've checked this thread a gazillion times.

I was wondering whether the historic NAV's are plotted somewhere?
legendary
Activity: 1792
Merit: 1111
October 02, 2015, 12:43:25 PM
Update. Total share is increasing, but total bitcoin is decreasing. That means the amount of new investment is less than the management fee.
sr. member
Activity: 392
Merit: 250
legendary
Activity: 1792
Merit: 1111
August 04, 2015, 11:53:10 PM
155XBT bought in July 2015
legendary
Activity: 1792
Merit: 1111
156XBT sold in June 2015
full member
Activity: 280
Merit: 100
Looks like GBTC is on track for record volume, with the lowest premium to NAV since inception.

I guess it is so
legendary
Activity: 1458
Merit: 1006
Quote from:
All time high trading volume today for @BitcoinTrust $GBTC

https://twitter.com/barrysilbert/status/611242936370626560

http://www.otcmarkets.com/stock/GBTC/quote

Volume
20,842
Average Vol (30d)
2,968
sr. member
Activity: 248
Merit: 250
Looks like GBTC is on track for record volume, with the lowest premium to NAV since inception.
hero member
Activity: 924
Merit: 1000
Volume has died off there as everyone expected. Another useless tool
legendary
Activity: 1792
Merit: 1111
OP updated. 757 XBT bought in May 2015
sr. member
Activity: 442
Merit: 250
10.2.2015... 1,388,600 shares (http://www.otcmarkets.com/stock/GBTC/profile)
31.3.2015... 1,389,900 shares (http://grayscale.co/bitcoin-investment-trust/)

They are adding new shares. Also it looks like grayscale.co page is updated daily (price and other info).

30.4.2015... 1,394,600 shares (http://grayscale.co/bitcoin-investment-trust/)

31.5.2015... 1,404,800 shares (http://grayscale.co/bitcoin-investment-trust/)

Looks like there was not much arbitrage.
legendary
Activity: 1762
Merit: 1011
10.2.2015... 1,388,600 shares (http://www.otcmarkets.com/stock/GBTC/profile)
31.3.2015... 1,389,900 shares (http://grayscale.co/bitcoin-investment-trust/)

They are adding new shares. Also it looks like grayscale.co page is updated daily (price and other info).

I like the chart on the performance tab of http://grayscale.co/bitcoin-investment-trust/, showing the stock price relative and the 1/10 Bitcoin "NAV" price.
full member
Activity: 280
Merit: 100
The GBTC market closed at the all time low at 27.15 dollars per share (~280 dollars per bitcoin) with volume of 4950 shares (less than 490 bitcoins).

A couple more dollars and it might make for a reasonable investment.

yep, definitely   
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
10.2.2015... 1,388,600 shares (http://www.otcmarkets.com/stock/GBTC/profile)
31.3.2015... 1,389,900 shares (http://grayscale.co/bitcoin-investment-trust/)

They are adding new shares. Also it looks like grayscale.co page is updated daily (price and other info).

30.4.2015... 1,394,600 shares (http://grayscale.co/bitcoin-investment-trust/)

31.5.2015... 1,404,800 shares (http://grayscale.co/bitcoin-investment-trust/)
sr. member
Activity: 344
Merit: 250
The volume of GBTC was less than 45 bitcoins on Friday. The market closed at ~341 dollars per bitcoin.



The volume of Bitcoin Tracker One was ~533 bitcoins on Friday.

sr. member
Activity: 344
Merit: 250
The volume of GBTC was less than 111 bitcoins on Thursday. The market closed at ~341 dollars per bitcoin.



The volume of Bitcoin Tracker One was ~360 bitcoins on Thursday.

full member
Activity: 196
Merit: 100
The volume of GBTC was less than 40 bitcoins on Wednesday. The market closed at ~316 dollars per bitcoin.



The volume of Bitcoin Tracker One was ~431 bitcoins on Wednesday.



With only 404 shares traded, it almost looks like the GBTC traders were unable to find the market. Grin

How about they lower their sale price... Its a freaking rippoff...
sr. member
Activity: 344
Merit: 250
The volume of GBTC was less than 40 bitcoins on Wednesday. The market closed at ~316 dollars per bitcoin.



The volume of Bitcoin Tracker One was ~431 bitcoins on Wednesday.



With only 404 shares traded, it almost looks like the GBTC traders were unable to find the market. Grin
sr. member
Activity: 344
Merit: 250

What does that translate to for price per bitcoin with tracker one? Is that the Swedish Krona at 10?
price_per_share × 200 + fee = price_per_bitcoin ≈ 2000 SEK

Here are USD prices calculated by hprna:
day 1 history : 949 BTC (189783 shares) traded at 232.84$
day 2 history : 546 BTC (109376 shares) traded at 232.6$
day 3 history : 455 BTC (90988 shares) traded at 232.2$
day 4 history : 681 BTC (136233 shares) traded at 235.95$
day 5 history : 643 BTC (128618 shares) traded at 237.21$
day 6 history : 453 BTC (90759 shares) traded at 237.21$
day 7 history : 756 BTC (151238 shares) traded at 236.8$
legendary
Activity: 1442
Merit: 1186

The volume of Bitcoin Tracker One was ~756 bitcoins today.



What does that translate to for price per bitcoin with tracker one? Is that the Swedish Krona at 10?
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