Topic: GBTC Bitcoin Investment Trust Observer - page 75. (Read 262357 times)
Just following the simple formula OP posted, I got 109k BTC. So they bought another 1.5k since last update
no update?
are you ok? OP
are you ok? OP
Looking forward to see this week numbers 
Thus far better than since the announcement.Lets hope that continues a bit longer than usually.
317XBT bought.
So next time this fund buys a ton out of the blue, we all know what to do 
Yep! I had almost bought some this morning at $395 based on GABI beginning to trade and this buy from SM. Instead, I waited until the PayPal news was released and bought my coins $15 higher. Live and learn...
So next time this fund buys a ton out of the blue, we all know what to do
Wow, either Second Market's clients were extremely lucky with their recent buy of 1000+ BTC, or they know somebody at PayPal or Bitpay....
most likely they knew... insider shit.
Wow, either Second Market's clients were extremely lucky with their recent buy of 1000+ BTC, or they know somebody at PayPal or Bitpay....
do they do buying and selling internally, and when the fund itself runs out of liquidly they buy / sell on the market. is that whats happening?
I think they have to buy/sell on the market or from OTC traders when they receive an order from customer. Otherwise it's like leverage trading and is too risky from them.
do they do buying and selling internally, and when the fund itself runs out of liquidly they buy / sell on the market. is that whats happening?
Yup they stepped up to the plate.
Very nice. Glad to see some real buying from them.
1009XBT bought
small buying yesterday
update
At least we have a valid data point of weekly net buying again.
I wonder how they will react (the investors) if the market continues trending down. Steady buying? Or panic? I kinda imagine panic TBH, if it goes below $400.
I wonder what Barry is telling to the investors.
He is very quiet since the auction. Must be cooking something or he is just scared.
http://www.coindesk.com/secondmarket-ceo-barry-silbert-resigns/
He is still CEO of BIT...
Noted bitcoin investor Barry Silbert has resigned from his position as CEO of SecondMarket, the New York-based illiquid assets marketplace he founded in 2004 and that in 2013 made a $2m investment in the Bitcoin Investment Trust (BIT), a private trust of which Silbert remains CEO.
I wonder how they will react (the investors) if the market continues trending down. Steady buying? Or panic? I kinda imagine panic TBH, if it goes below $400.
I wonder what Barry is telling to the investors.
He is very quiet since the auction. Must be cooking something or he is just scared.
http://www.coindesk.com/secondmarket-ceo-barry-silbert-resigns/
Edit: I see, thanks for the correction gotmilk.
I wonder how they will react (the investors) if the market continues trending down. Steady buying? Or panic? I kinda imagine panic TBH, if it goes below $400.
I wonder what Barry is telling to the investors.
He is very quiet since the auction. Must be cooking something or he is just scared.
I wonder how they will react (the investors) if the market continues trending down. Steady buying? Or panic? I kinda imagine panic TBH, if it goes below $400.
I wonder what Barry is telling to the investors.
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