Topic: GBTC Bitcoin Investment Trust Observer - page 39. (Read 262371 times)
How can anyone sell shares on that market. Where do the shares come from? Can anyone explain this please. Thanks!
How much effect the GBTC trades have remains to be seen.
I'm not so sure it'll have much or any effect on the rest of the market. It's a pretty cranky and arcane setup. It is however a very symbolic leap into another era.
This is quite interesting. No, actually it is really really interesting. Although I'm quite sure that the first trades are more nominal ones from people who want to be the first ones to trade this kind of asset, I can't see a way in which this is bearish. Do you?
How much effect the GBTC trades have remains to be seen.
How comes puma llc is on bid and ask side?
Is puma llc an old costumer of SM with shares older then 1 year?
Or is there another way to get sm shares which is not visible to the public?
Is puma llc an old costumer of SM with shares older then 1 year?
Or is there another way to get sm shares which is not visible to the public?
37.5 vs 37.98
Will have a match soon
Woot!
37.5 vs 37.98
Will have a match soon
Hold on to your butts folks, and prepare to short the overreaction if you're feeling randy.
Earlier today, the Ask Price column entries changed from "U" to "In." Now it's back to "U."
What was that all about?
What was that all about?
Interesting! It could mean we might see some action tomorrow after 9 AM
That change from "U" to "In" is the first thing that makes me think that at least 1 seller is actually capable of putting up Asks now.
So basically no one who can sell, wants to.
Well, it is more reassuring than zero bids and a mountain of sell orders. It does kind of make the whole thing an irrelevance but at least it exists.
So basically no one who can sell, wants to.
Bring on the etf already.
Fucking lawsky, stop stalling and open the gate.
Bring on the etf already.
Fucking lawsky, stop stalling and open the gate.
Earlier today, the Ask Price column entries changed from "U" to "In." Now it's back to "U."
What was that all about?
What was that all about?
Interesting! It could mean we might see some action tomorrow after 9 AM
Earlier today, the Ask Price column entries changed from "U" to "In." Now it's back to "U."
What was that all about?
What was that all about?
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).
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/)
Updated with latest data
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).
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/)
Barry should place some asks alone just to make first trades happen. I'm sure he can do that.
His shares are likely on their way to a broker now.
They could sell on OTC and buy again directly from Secondmarket as accredited investors. Only thing they would lose is the ability to sell on OTC for another year. Even that is not so bad, since presumably Secondmarket will unsuspend redemptions at some point.
My understanding was that new shares couldn't be sold for a year, however once a share is initially sold (after 12 months), it can then be traded freely.
New shares can be sold right away, but only to accredited investors. One year old shares can be bought by everyone.
Barry should place some asks alone just to make first trades happen. I'm sure he can do that.
So no asks yet?
What I don't get is why zero asks? ... i mean if they don't want to sell at least put a stupid $1200/btc crazy ask up. no?
Something doesn't smell quite right here.
What I don't get is why zero asks? ... i mean if they don't want to sell at least put a stupid $1200/btc crazy ask up. no?
Something doesn't smell quite right here.
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