MAXM just changed their bid back to 5000 coins at 350 USD/BTC...
Coins or shares?
(On the edge of my chair now, lol!)
Do not fall off.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21849. (Read 26608908 times)
April 30, 2015, 08:52:09 AM
Coins or shares?
(On the edge of my chair now, lol!)
Do not fall off.
April 30, 2015, 08:49:44 AM
When does GBTC go live?
I'm not sure if Barry himself even knows?what i dont get: what can possibly be so hard to know when a fckn equity starts trading?
Because no one knows when someone will bring their shares to their broker to sell. For all intensive purposes, it is trading with buy offers, just no sellers--thus, no matches and no volume.
afaik the problem are not missing sellers but missing "green light"
No, it's already green-lighted in terms of cusip and on the exchanges. There are no sellers so there is no activity. You can't make a trade if there isn't a counterparty offering the other side of it.
Huh? I thought people were still waiting for their shares to be processed so they can go and sell them!? Isn't that what we're all waiting for. Barry couldn't go and provide a "start date" when the only thing missing are shares to be processed.
April 30, 2015, 08:49:13 AM
Is there a "Waiting for GBTC trading" meme yet ?
I think I saw one somewhere.
I humbly propose "godot" as the SI unit of BIT share liquidity, namely 1 traded BIT share.
April 30, 2015, 08:48:30 AM
MAXM just changed their bid back to 5000 coins at 350 USD/BTC...
Coins or shares?
Coins. 50,000 shares.
http://www.otcmarkets.com/stock/GBTC/quote
(On the edge of my chair now, lol!)
April 30, 2015, 08:47:46 AM
MAXM just changed their bid back to 5000 coins at 350 USD/BTC...
Coins or shares?
50000 Shares
=
Each share is 0.1 BTC
=
5000 coins
April 30, 2015, 08:46:14 AM
MAXM just changed their bid back to 5000 coins at 350 USD/BTC...
Coins or shares?
April 30, 2015, 08:33:39 AM
MAXM just changed their bid back to 5000 coins at 350 USD/BTC...
April 30, 2015, 08:32:49 AM
When does GBTC go live?
I'm not sure if Barry himself even knows?what i dont get: what can possibly be so hard to know when a fckn equity starts trading?
Because no one knows when someone will bring their shares to their broker to sell. For all intensive purposes, it is trading with buy offers, just no sellers--thus, no matches and no volume.
afaik the problem are not missing sellers but missing "green light"
No, it's already green-lighted in terms of cusip and on the exchanges. There are no sellers so there is no activity. You can't make a trade if there isn't a counterparty offering the other side of it.
April 30, 2015, 08:31:20 AM
When does GBTC go live?
I'm not sure if Barry himself even knows?what i dont get: what can possibly be so hard to know when a fckn equity starts trading?
Because no one knows when someone will bring their shares to their broker to sell. For all intensive purposes, it is trading with buy offers, just no sellers--thus, no matches and no volume.
afaik the problem are not missing sellers but missing "green light"
April 30, 2015, 08:26:26 AM
When does GBTC go live?
Well, when does the NYSE open? I guess it's still an hour or so - if they really start trading today. It remains to be seen how the market reacts. What will happen if no one is willing to sell? Is that bullish? Bearish? Of no consequences? We'll see...
Yeah, that's what I'm thinking, as well. On the other side, the bids are tempting. I think we may see a very low volume, due to the lack of asks. But that's just my own personal bold prediction
Let's see... Come on, NYSE, open trading already! April 30, 2015, 08:26:00 AM
When does GBTC go live?
I'm not sure if Barry himself even knows?what i dont get: what can possibly be so hard to know when a fckn equity starts trading?
Because no one knows when someone will bring their shares to their broker to sell. For all intensive purposes, it is trading with buy offers, just no sellers--thus, no matches and no volume.
April 30, 2015, 08:21:40 AM
When does GBTC go live?
I'm not sure if Barry himself even knows?what i dont get: what can possibly be so hard to know when a fckn equity starts trading?
April 30, 2015, 08:21:40 AM
When does GBTC go live?
One and a half hour, I think. If people choose to sell.
EDIT: Sorry, 23 minutes!
EDIT2: + Add 15 minutes on the delayed public quote.
Really?
If it's 9:30 New York time. Maybe it was 10:30?
April 30, 2015, 08:20:34 AM
When does GBTC go live?
I'm not sure if Barry himself even knows?Is there a "Waiting for GBTC trading" meme yet ?
April 30, 2015, 08:19:38 AM
When does GBTC go live?
One and a half hour, I think. If people choose to sell.
EDIT: Sorry, 23 minutes!
EDIT2: + Add 15 minutes on the delayed public quote.
Really?
April 30, 2015, 08:14:47 AM
0.2380952380952381 (assuming no trading fees) --> I want to be called a genius too... 
I call you GENIUS. High-class calculator operator.
.--> ok, I am done being off topic for now.
April 30, 2015, 08:11:43 AM
When does GBTC go live?
I'm not sure if Barry himself even knows? 
April 30, 2015, 08:10:31 AM
When does GBTC go live?
Well, when does the NYSE open? I guess it's still an hour or so - if they really start trading today. It remains to be seen how the market reacts. What will happen if no one is willing to sell? Is that bullish? Bearish? Of no consequences? We'll see...
April 30, 2015, 08:06:44 AM
I just had a 235.07 sell order filled, from a 214.xx buy barely a week ago. Im happy.
Congratulation to your 5$ profit!! I am really happy for you 
I know, I'm a genius.
I call you GENIUS. High-class calculator operator.
April 30, 2015, 08:04:27 AM
Sweden's Nasdaq exchange has approved a bitcoin-based exchange traded note (ETN), opening up investment in the digital currency to those who do not want to directly purchase and hold bitcoins.
The Bitcoin Tracker One, launched by Stockholm-based XBT Provider AB, which is owned by the KnC Group and is expected to launch on 18th May.
In a statement, Alexander Marsh, chief executive officer of XBT Provider AB, said:
"By enabling this easy and secure way to invest in bitcoin we hope to have eliminated the boundaries that earlier prevented individuals and companies from being able to actively invest in what we believe to be the future of money."
http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/
The Bitcoin Tracker One, launched by Stockholm-based XBT Provider AB, which is owned by the KnC Group and is expected to launch on 18th May.
In a statement, Alexander Marsh, chief executive officer of XBT Provider AB, said:
"By enabling this easy and secure way to invest in bitcoin we hope to have eliminated the boundaries that earlier prevented individuals and companies from being able to actively invest in what we believe to be the future of money."
http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/
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