Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22694. (Read 26710142 times)

Just wait til joe public investor can buy in through an ETF..

Wondering why this news is so big? The BIT website does a good job of ELI5 this news for you http://www.bitcointrust.co/




And now they are no longer private. ANYONE can buy in now via their OTC fund. Link to WSJ story:
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094

p.s. Oh yeah, guess what, you can bet that Barry Silbert's Bitcoin Investment Trust will be big bidder's at this week's BTC auction. ha!
http://www.coindesk.com/bitcoin-investment-trust-wins-48000-btc-us-marshals-bitcoin-auction/

 

Well duh, Austrian economics, what did you expect?  Notoriously ignorant & outdated, can only get play in interweb's smelliest armpits, like mises.org.

With the frequency of your posts NLC, I conclude you still haven't bought back in. Silly sod.

Edit: that itch you can't scratch is FOMO..

http://www.zerohedge.com/news/2015-03-01/spectacular-developments-austria-bail-arrives-after-%E2%82%AC76-billion-bad-bank-capital-hol

"Spectacular Developments" In Austria: Bail-In Arrives After €7.6 Billion Bad Bank Capital Hole "Discovered"


Moments ago, Austrian ORF reported that there have been "spectacular developments" in the case of the Hypo Alpe Adria bad bank, also known as the Heta Asset Resolution, where an outside audit of Heta's balance sheet exposed a capital hole of up to 7.6 billion euros ($8.51 billion) which the government was not prepared to fill, the Austrian Financial Market Authority said.

Lol, you must be mad.  The pumps are so short-lived, you couldn't even post before the dumping started

Advice. Google the story then click on the link from Google. No paywall with this method

Barry Silbert’s Bitcoin Investment Trust is poised to become the first publicly traded bitcoin fund, with approval and assignment of a ticker symbol by the financial industry’s main self-regulatory body paving the way for trading on an electronic platform operated by OTC Markets Group .

The BIT, which was first launched in 2013 as a private fund for accredited investors with annual incomes greater than $200,000 or assets of more than $1 million, has been racing against a rival offering by twins Cameron and Tyler Winklevoss, best known for their lawsuit against Facebook Inc. chief executive Mark Zuckerberg .

Whereas the competing Winklevoss Bitcoin Trust is going through a lengthy Securities and Exchange Commission process to register a formal exchange-traded fund, the BIT as taken a backdoor route to public listing. By exploiting a rule that allows holders of a private fund to sell their shares publicly after a 12-month lockup period and completing a less arduous approval process with the Financial Industry Regulatory Authority, some of those long-held shares in BIT should soon be available to investors of any income or wealth bracket. The BIT is sponsored by Grayscale Investments, a unit of Mr. Silbert’s Digital Currency Group, which he established last year to hold the digital currency interests of his broker-dealer SecondMarket Inc.

Paging tarmi to tell us how he bought back in at 245 and just sold at 266, currently waiting for us to drop back to sub 200 lol

Bears buying back at a loss as usual.

Those who forgot will be dealt with.

Coin
Explanation

No shit?

I think everybody forgot the 'dump it down to here' meme already...

So true, that's one of his favorites. I wonder if he will post about the change on r/buttcoin?

You should ask that yourself... stfu already

Moon train? Too soon train?

Watch the tard try to drink that beer in 3  2  ...