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Topic: KncMiner XBT: 285 BTC traded at 285.38$ ! - page 8. (Read 22676 times)

hero member
Activity: 798
Merit: 1000

There are some new info on bloomberg page Smiley

Quote
FUNDAMENTALS FOR COINXBT
NAV   (on 2015-05-29) 10.0850
Assets (M)   (on 2015-05-29) 7.8701
Shares out (M)   0.78
Market Cap (M)   7.62

So 780.000 notes is out? This is 3900 btc atm.


Versus approx 1.160.000 notes traded (5800 BTC)
Interesting info on turnover vs holding.
So, to date about a third of the volume is short-term trading/market-making

Interesting to see how this evolves over time.
sr. member
Activity: 442
Merit: 250
Yep, it looks like the volume is getting better tho.

They added it to Bloomberg last week: http://www.bloomberg.com/quote/COINXBT:SS

There are some new info on bloomberg page Smiley

Small buy from Credit Suisse Securities (Europe) Ltd. for the first time.

Those buyers listed in the netfonds page are probably just brokers acting for other clients, correct?

Most probably.
newbie
Activity: 42
Merit: 0
Price All Time Low 227.76$
legendary
Activity: 1554
Merit: 1021
Those buyers listed in the netfonds page are probably just brokers acting for other clients, correct?

I think they are acting as a broker, but who knows.

OP: the title needs another update.
hero member
Activity: 910
Merit: 1003
Small buy from Credit Suisse Securities (Europe) Ltd. for the first time.

Those buyers listed in the netfonds page are probably just brokers acting for other clients, correct?
newbie
Activity: 42
Merit: 0
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$
day 8 history : 431 BTC (86275 shares) traded at 236.1$
day 9 history : 360 BTC (72006 shares) traded at 237.7$
day 10 history : 533 BTC (106617 shares) traded at 234.9$
sr. member
Activity: 442
Merit: 250
Small buy from Credit Suisse Securities (Europe) Ltd. for the first time.
legendary
Activity: 1554
Merit: 1021
Now I'm impressed at SEK/USD volatility.

i'm not even impressed, I'm shocked

I think Bitcoin might be less volatile than some national currencies right now (in 2015).
full member
Activity: 280
Merit: 100
Now I'm impressed at SEK/USD volatility.

i'm not even impressed, I'm shocked
newbie
Activity: 42
Merit: 0
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$
day 8 history : 431 BTC (86275 shares) traded at 236.1$
day 9 history : 360 BTC (72006 shares) traded at 237.7$
newbie
Activity: 42
Merit: 0
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$
day 8 history : 431 BTC (86275 shares) traded at 236.1$
legendary
Activity: 910
Merit: 1000
Unlike gbtc, bitcoin tracker is tied to USD/btc value.  Sek value is irrelevant.  You can see on there website they average 3 exchanges to get the price.
hero member
Activity: 910
Merit: 1003
New all-time high at 10.12 SEK

Current rates:
Sell: 10.14
Buy: 10.15

Beware that the Swedish crown (SEK) is losing value relative to the dollar, so the BTC:USD price implied by those trades is not increasing that much.  It seems to be tracking the price on the exchanges, within a few  dollars.
full member
Activity: 196
Merit: 100
dam . Buyers know that current prices are way too low to last for very long... Early adopters 2.0

legendary
Activity: 1988
Merit: 1012
Beyond Imagination
When will the physical delivery of bitcoin happen if I purchase this certificate?
sr. member
Activity: 442
Merit: 250
Nice volume in first hour and a half  Cool

Still looking for number of notes in circulation... Shouldn't that be public?

I'm pretty sure it's 20,000,000 notes (I don't speak Swedish):

...

Source: http://xbtprovider.com/downloads/slutliga_villkor.pdf

Yeah, but I'm more interested how many notes is out there at the moment.
full member
Activity: 280
Merit: 100
Now I'm impressed at SEK/USD volatility.

yep, me too. Interesting topic
legendary
Activity: 910
Merit: 1000
I believe #5 translates to number certificates.  So that's 100k coins.  But that's not how many are in circulation.  I assume how many they are willing to issue.  But they also don't have 100k coins to back them.  Yet.
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