Erections?
3 seconds too late.So my new pick:
Extasy?
MMDA?
Yeah, the only stuff that could really bring bitcoin to the moon
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21797. (Read 26608391 times)
May 05, 2015, 12:53:02 PM
3 seconds too late.So my new pick:
Extasy?
MMDA?
Yeah, the only stuff that could really bring bitcoin to the moon
May 05, 2015, 12:52:07 PM
Citadel is the bidder. On the list of bidders. They are hedgefund managers. They buy on behalf of their clients. You probably just read me wrong, no problem
Believe what you want, but Citadel is not taking a long position on GBTC.
May 05, 2015, 12:51:53 PM
wow that looks very dangerous! (the fellow doing the slinging on top of the cliff gif)
May 05, 2015, 12:51:24 PM
Very funny guys, but I also had this paragraph:
"But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture."
The point is, it's huge liquidity on the bid side, but not on the ask side.
"But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture."
The point is, it's huge liquidity on the bid side, but not on the ask side.
May 05, 2015, 12:50:00 PM
Erections?
3 seconds too late.So my new pick:
Extasy?
MMDA?
May 05, 2015, 12:48:32 PM
Erections?
3 seconds too late.So my new pick:
Extasy?
May 05, 2015, 12:45:19 PM
Erections?
May 05, 2015, 12:44:37 PM
Enthusiasm?
May 05, 2015, 12:43:44 PM
You are trying to fud people to believe that it's Citadel itself buying GBTC as a big deal, which is incorrect!
Is that FUD ?
Isn't that more like HOB ?
(Hope, Optimism & Belief)
(if anyone can think of a good "E" to swap for Belief then go for it, HOE beats HOB)
Expectation?
____
Some people use FUD as a general term for propaganda, not thinking about what the acronym stands for.
Obviously trying to influence people in a positive manner is neither fear, uncertainty nor despair.
May 05, 2015, 12:43:36 PM
My mind is boggled. That's about $25,000... so it meets the minimum bid requirements for the BIT. You can immediately arbitrage that if you re-buy the BIT. *argh*!
This is just playing / probing to these guys. Let's take a look at one of the bidders, Citadel. From Wikipedia:
"Citadel is the eleventh largest hedge fund manager in the world, and the second largest multi-strategy hedge fund manager in the world."
But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture.
That is incorrect, Citadel here is acting as a broker, they are not the one buying, they are executing orders on behalf of someone else (like Ameritrade, eTrade etc...)
What do you mean I'm incorrect? Be specific please.
I thought that was clear already : Citadel is not the bidder.
Citadel is the bidder. On the list of bidders. They are hedgefund managers. They buy on behalf of their clients. You probably just read me wrong, no problem
May 05, 2015, 12:38:14 PM
You are trying to fud people to believe that it's Citadel itself buying GBTC as a big deal, which is incorrect!
Is that FUD ?
Isn't that more like HOB ?
(Hope, Optimism & Belief)
(if anyone can think of a good "E" to swap for Belief then go for it, HOE beats HOB)
May 05, 2015, 12:31:44 PM
My mind is boggled. That's about $25,000... so it meets the minimum bid requirements for the BIT. You can immediately arbitrage that if you re-buy the BIT. *argh*!
This is just playing / probing to these guys. Let's take a look at one of the bidders, Citadel. From Wikipedia:
"Citadel is the eleventh largest hedge fund manager in the world, and the second largest multi-strategy hedge fund manager in the world."
But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture.
That is incorrect, Citadel here is acting as a broker, they are not the one buying, they are executing orders on behalf of someone else (like Ameritrade, eTrade etc...)
What do you mean I'm incorrect? Be specific please.
I thought that was clear already : Citadel is not the bidder.
May 05, 2015, 12:31:09 PM
My mind is boggled. That's about $25,000... so it meets the minimum bid requirements for the BIT. You can immediately arbitrage that if you re-buy the BIT. *argh*!
This is just playing / probing to these guys. Let's take a look at one of the bidders, Citadel. From Wikipedia:
"Citadel is the eleventh largest hedge fund manager in the world, and the second largest multi-strategy hedge fund manager in the world."
But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture.
That is incorrect, Citadel here is acting as a broker, they are not the one buying, they are executing orders on behalf of someone else (like Ameritrade, eTrade etc...)
What do you mean I'm incorrect? Be specific please.
You are trying to fud people to believe that it's Citadel itself buying GBTC as a big deal, which is incorrect!
May 05, 2015, 12:26:14 PM
My mind is boggled. That's about $25,000... so it meets the minimum bid requirements for the BIT. You can immediately arbitrage that if you re-buy the BIT. *argh*!
This is just playing / probing to these guys. Let's take a look at one of the bidders, Citadel. From Wikipedia:
"Citadel is the eleventh largest hedge fund manager in the world, and the second largest multi-strategy hedge fund manager in the world."
But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture.
That is incorrect, Citadel here is acting as a broker, they are not the one buying, they are executing orders on behalf of someone else (like Ameritrade, eTrade etc...)
What do you mean I'm incorrect? Be specific please.
May 05, 2015, 12:25:12 PM
My mind is boggled. That's about $25,000... so it meets the minimum bid requirements for the BIT. You can immediately arbitrage that if you re-buy the BIT. *argh*!
This is just playing / probing to these guys. Let's take a look at one of the bidders, Citadel. From Wikipedia:
"Citadel is the eleventh largest hedge fund manager in the world, and the second largest multi-strategy hedge fund manager in the world."
But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture.
My best explanation or theory - Yes the opportunity exists, but it comes with an opportunity cost. You get to do this trick once per 12 month holding period.
Looked at from a 260% premium perspective, it looks extremely tempting.
Looked at from a gain/loss perspective, not so much. 12 month holders will be selling at a loss at these prices, and in general, purchased them with intentions to sell at higher prices.
I do expect temptation to win the battle, it is just a question of how high the Bids must get before that occurs, and whether once that equilibrium is reached we enter a dead zone, or begin finding equilibrium between the disparate pricing between GBTC and the rest of the markets.
May 05, 2015, 12:23:35 PM
This guy is from Norway. Sadly, he died...
Just kidding. He survived with his paraglider
May 05, 2015, 12:23:24 PM
Also
Daily Range 55.00 - 94.86
May 05, 2015, 12:22:46 PM
My mind is boggled. That's about $25,000... so it meets the minimum bid requirements for the BIT. You can immediately arbitrage that if you re-buy the BIT. *argh*!
This is just playing / probing to these guys. Let's take a look at one of the bidders, Citadel. From Wikipedia:
"Citadel is the eleventh largest hedge fund manager in the world, and the second largest multi-strategy hedge fund manager in the world."
But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture.
That is incorrect, Citadel here is acting as a broker, they are not the one buying, they are executing orders on behalf of someone else (like Ameritrade, eTrade etc...)
May 05, 2015, 12:19:49 PM
My mind is boggled. That's about $25,000... so it meets the minimum bid requirements for the BIT. You can immediately arbitrage that if you re-buy the BIT. *argh*!
This is just playing / probing to these guys. Let's take a look at one of the bidders, Citadel. From Wikipedia:
"Citadel is the eleventh largest hedge fund manager in the world, and the second largest multi-strategy hedge fund manager in the world."
But keep in mind that the total volume of matured GBTC stocks is less than 150,000 bitcoin. Not much in the big picture.
May 05, 2015, 12:18:02 PM
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