Topic: $GBTC Speculation, Information, and Cogitation - page 3. (Read 11792 times)

http://quotes.freerealtime.com/dl/frt/M?IM=quotes&symbol=GBTC&type=Time%26Sales&SA=quotes

Time and Sales for Bitcoin Investment Trust May 15, 2015
Symbol: (GBTC)           
Time      Price   Volume   Market
15:56:58      39.00   5   OTO
15:55:35      38.00   100   OTO
15:51:09      39.00   20   OTO
15:51:05      39.50   200   OTO
15:50:54      39.70   50   OTO
15:46:37      40.10   10   OTO
14:12:01      40.10   1   OTO
13:27:20      40.05   25   OTO
13:01:46      40.00   130   OTO
12:29:15      40.00   171   OTO
12:28:55      40.00   75   OTO
12:28:46      40.00   116   OTO
12:28:06      40.50   9   OTO
12:11:47      40.00   7   OTO
11:12:09      40.00   79   OTO
11:07:09      41.00   25   OTO
11:06:48      41.00   100   OTO
10:41:24      41.00   30   OTO
10:30:16      42.00   2   OTO
10:26:59      42.00   90   OTO
10:26:41      42.00   100   OTO
10:19:49      43.90   60   OTO
10:16:34      42.00   15   OTO
10:04:12      44.00   5   OTO
09:32:29      44.50   100   OTO
09:32:27      44.50   91   OTO
09:32:23      44.50   450   OTO
09:31:08      45.00   245   OTO
09:30:05      45.00   9   OTO
05/14      45.00   500   OTO

I don't really feel that comparing GBTC to actual bitcoin exchanges is the best comparison you can make. Both cater to very to different markets and serve different demands. But GBTS seems to be gaining volume at an increasing rate, I'm not sure if this could be sustained and extended in a longer term session or if it's just the hype of a market opening. Surely though, it's nice to see a bigger variety financial products involving bitcoin. Given the good start GBTC keeps enjoying, I think it at least has some potential as an asset.

Its slowly growing, pretty impressive volume for just starting out imo.  More and more whales are going to be getting interested off the back of GBTC.  The start of wall street push lets hope.

because compared to actual exchanges volume isnt much. Although price kinda makes you raise your eyebrows.

Happy to see some volume.

The other Bitcoin markets give zero fucks which is a little funny, but hey.

Some big trading volume today. The daily range is somewhat wide but the price price doesn't seem to be taking any significant movements either way though at the end of the day.

We surpassed Maxim Magazine. If Bitcoin is more important than hot girls naked, you know moon is guaranteed.
[/quote]

Bitcoin, fiat and everything else is not, and never will be, more important than hot girls naked. You need a cup of tea and then take a nap and when you wake up you will be back in the real world. 

We surpassed Maxim Magazine. If Bitcoin is more important than hot girls naked, you know moon is guaranteed.

The GBTC market closed at 45 dollars per share with volume of 19894 shares (less than 1950 bitcoins).



The previous volume record of 14807 on Friday was broken.

Biggest volume yet:

http://quotes.freerealtime.com/dl/frt/M?IM=quotes&symbol=GBTC&type=Time%26Sales&SA=quotes


Time and Sales for Bitcoin Investment Trust May 14, 2015
Symbol:   (GBTC)
Time      Price   Volume   Market
15:59:27      45.00   500   OTO
15:57:21      44.00   300   OTO
15:48:16      44.00   100   OTO
15:44:05      45.00   500   OTO
15:43:04      44.00   81   OTO
15:42:09      45.00   500   OTO
15:29:51      44.00   100   OTO
15:15:49      44.90   1   OTO
14:46:54      44.50   100   OTO
14:35:45      44.50   50   OTO
14:35:12      44.50   1   OTO
14:28:31      45.00   100   OTO
14:08:52      46.00   769   OTO
14:07:36      47.00   7   OTO
13:57:29      46.00   7   OTO
13:17:33      46.00   245   OTO
13:17:27      46.00   180   OTO
13:17:23      46.00   200   OTO
13:16:46      48.00   70   OTO
13:16:31      48.50   10   OTO
13:16:19      48.00   33   OTO
13:16:04      48.50   100   OTO
13:15:54      48.95   3000   OTO
13:15:26      48.55   500   OTO
13:14:25      48.50   600   OTO
13:14:17      48.55   500   OTO
13:13:26      48.50   500   OTO
13:12:35      48.50   400   OTO
13:10:09      49.00   500   OTO
13:07:52      48.55   743   OTO
13:07:15      48.50   300   OTO
13:06:43      48.50   300   OTO
13:06:33      48.55   1000   OTO
13:06:09      48.50   300   OTO
13:05:28      48.50   300   OTO
13:04:09      48.50   400   OTO
13:03:10      48.50   300   OTO
12:16:47      48.75   100   OTO
12:06:36      48.62   997   OTO
12:06:15      48.75   1500   OTO
12:05:56      48.50   400   OTO
12:04:17      49.00   0   OTO <-------?
12:04:01      48.75   500   OTO
12:03:00      48.75   400   OTO
12:02:18      48.90   1200   OTO
12:01:55      48.75   300   OTO
12:01:05      48.75   300   OTO
11:58:26      48.75   100   OTO
11:57:41      49.00   100   OTO
11:57:15      49.00   131   OTO
11:56:52      49.00   100   OTO
11:56:40      49.00   100   OTO
10:18:28      49.90   20   OTO
10:18:26      49.95   49   OTO
05/13      49.00   38   OTO
05/13      49.95   38   OTO

I was talking about the day before that.

But the listing shows a 174 share trade at 49.00.  Why do you say that it should not have counted?

I know. I think I was the other poster.

Anyway, after the market closed they said the price was 49.00, although the sell was under 100 shares and shouldn't have counted. Then the next day they apparently decided it indeed didn't count.

According to other posters, the daily ranges shown in the OTCQX quote page ignore any trades smaller than 100 shares.  Today there was only one trade above the threshold: 175 shares at 49.00 $/share.  There were however other smaller trades at 49.95 and 50.00 $/share.

Don t forget that the average BIT share was bought for ~40--50 USD.  I would think that 24 $/share is way too low for those who have those shares, while 49 $/share is way too high for those who are thinking of investing in bitcoin through BIT.

The GBTC market closed at 49 dollars per share with volume of 327 shares (less than 32.1 bitcoins).



It looks like OTCMarkets lied to me. GBTC officially closed at 49.95 yesterday, not at 49.00. Today it should be 49.00, though.

There were not many trades:

This low volume event could end up being either good or bad for the market.
So long as a staredown occurs, Sellers are demonstrating they have no desire to sell their shares for less than at least.

Grayscale publicized the link to the page showing the asset-backed value per share, putting it around $23.xx.

If >=1 big seller blinks and sells down the price, we will get an increase in volume, but at lower price.

IMHO, the more bullish scenario for share price would require us to remain in this stalemate. The bullish catalyst to break out would be seeing bitcoin market prices increasing. If that plays out, then I could see increasing price on increasing volume.

Honestly, I am hoping the price goes down. It seems like it would be healthier.
Unfortunately, I think there are an awful lot of people eager to buy - people holding retirement money and waiting for 1+ years, so I'm not sure how low we will get.

Personally, I'm staying out until we drop to closer to the $35 level. Maybe it'll never fill.

Wow, it's already dead. Nice try sillbert and friends, washing trades.

Though liquidity is low, we haven't had any sort of interesting price move in BTC since it launched. A small rise, yes, but we'll probably only gain new information about how well connected GBTC is to BTC with something like a 5-10% price move.