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Topic: GBTC spread to all other BTC exchanges (Read 489 times)

hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 14, 2016, 05:29:22 AM
#9

what does create the so called "bitcoin economy"? the black market, the HYIPs?  Grin     

No, its the many bitcoin companies that offer services to bitcoin users like coinbase,xapo,blockhain.info,21.co,trezor,etc. I think they have invested in many startups, but i`m not sure, i could care less about the stock market.

legendary
Activity: 1470
Merit: 1004
June 14, 2016, 05:23:56 AM
#8
Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset.

Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well.

Wats ur definition of GBTC

It is technically a derivative of bitcoin, because it derives its value from the bitcoin economy.

what does create the so called "bitcoin economy"? the black market, the HYIPs?  Grin     
legendary
Activity: 1358
Merit: 1000
June 14, 2016, 05:20:39 AM
#7
Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset.

Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well.

Wats ur definition of GBTC

It is technically a derivative of bitcoin, because it derives its value from the bitcoin economy.

provide me a link then Wat u just said is nonsense

unless it operates on the Bitcoin network and is backed by

the Bitcoin Supercomputing verification system  it's

a Ponzi scheme
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 14, 2016, 05:13:26 AM
#6
Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset.

Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well.

Wats ur definition of GBTC

It is technically a derivative of bitcoin, because it derives its value from the bitcoin economy.
legendary
Activity: 1358
Merit: 1000
June 14, 2016, 05:10:21 AM
#5
Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset.

Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well.

Wats ur definition of GBTC
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 14, 2016, 05:08:22 AM
#4
Because GBTC is a derivative of bitcoin and derivatives are always way more pumped up than the base asset.

Its strange , but it looks normal. In no way this signals that the BTC price will go up there as well.
legendary
Activity: 1358
Merit: 1000
June 14, 2016, 05:06:37 AM
#3
GBTC  is a stock price for a trust it's value I $130 dollars
sr. member
Activity: 280
Merit: 250
Two heads are better than one.
June 14, 2016, 05:02:52 AM
#2
Hi folks,

Im wondering why we have such a big spread between the GBTC (Volume exploded in the last weeks) and all other BTC exchanges?

Currently GBTC is trading around 1,300 USD
All other exchanges around 700 USD

Why do we have here such a big spread?

Thanks in advance

Maybe because people are willing to pay a premium for not having to deal with the exchanges or holding their own coins.
full member
Activity: 237
Merit: 100
June 14, 2016, 04:49:39 AM
#1
Hi folks,

Im wondering why we have such a big spread between the GBTC (Volume exploded in the last weeks) and all other BTC exchanges?

Currently GBTC is trading around 1,300 USD
All other exchanges around 700 USD

Why do we have here such a big spread?

Thanks in advance
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