Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22693. (Read 26710142 times)

You mean that imposter?  Ha. Don't pay attention to him.  He is actually Satoshi Nakamoto, trying to save his experiment from us trolls -- the only attack vector that bitcoin was not designed to survive.

It's not an ETF. It' s an OTC (over the counter), a penny stock. Institutional money is not allowed to trade this.

stupid question:

 is this a kind of IPO ?

Well someone is lying

Are you writing a book stolfi?

I genuinely cannot believe that a working professor with a fair bit of real world rep would be up to something on here, especially the sheer volume of it. But the internet can do strange things to otherwise rational people.

Why do you Bitcoiners have so much hatred for those more intelligent and better educated than you?  Is that some sort of a libertardian thing?

Edit VVV See?

Indeed the price rise is probably due to this "news".  But note that it is still actually a rumor, because it is not clear what it means exactly.  So it fits the rule "buy the rumor, sell the news" 

First, "OTC" is short for "over the counter" which means private deals (directly or through brokers) rather than on public exchanges.  Confusingly, "OTC Markets" is the stupid name of a company that runs some exchange-like services for instruments that do not qualify for the major exchanges like NYSE and NASDAQ.  The SM BIT shares (not to be confused with shares of SM BIT) will be listed on OTCQX, one of those "exchanges".  Capisce?

I could not find exactly how the trading will work.  I have seen a quote from OTC Market page saying that they cater only to brokers, not directly to "retail" investors.  Also I don't know whether OTCQX will hold shares for trading, like the bitcoin exchanges, or whether the brokers will hold the shares and OTCQX will be just an index, like the WinkIndex.



I take that as being sarcasm...

What I would like to know is whether SMBIT will re-enable redemption, that is, whether the people with SMBIT shares can return them to SM and get the nominal value back (which is defined as the market's dollar price of 0.1 BTC).  Or whether the clients will have to look for Greater Fools, at OTCQX or through brokers, in order to get their money back.

Kanye West is calling his upcoming album So Help Me God

http://www.theverge.com/2015/3/1/8128891/kanye-west-new-album-title

really!

either that, or he's also trollin' IRL . . .

Barry's ETF got approved.

weekly macd seems to be turning green

The pay is certainly better, thinking for yourself rather than for someone else.

What the hell's happening. Does anyone know why we are seeing a rise all of a sudden right now ?
Can't believe this

Come on Lamby buy back in.
You know you want to.

NLC having a fit keeps clicking Post button

MACD hysto is green.
Which one? All 13 of them. From 1w to 1m.

Got Milk