Does anyone understand what they mean about them starting to trade in January? If I bought now would I get today's price?
Also what happens if…..
1. It is over subscribed in a couple of weeks.
or
2. No one wants any shares.
Topic: Will The Bitcoin Investment Trust affect the price? - page 5. (Read 16877 times)
more suckers who can't cash out with no liquidity.
The fund is for people who are happy holding for 1 to 5 years. If they needed liquidity right now, there are lots of other things they could invest in.This is about the SECOND MARKET GUYS themselves, not the people they are hoping to lure into buying their derivate. They bought more coins than the market can take in this condition and coming up with such a scheme is the only way out for them right now. Of course buying into that would be even more idiotic, but that doesn't stop them from trying.
The Winklevoss are trying the same exact thing, getting rid of their coins without really "selling them", doesn't seem to be working..
Still missing the point after all these years...
These guys are barking up the exact same tree I did years ago; that of store of value. Look at ZB's chart there. The name of the game these days is to not lose what you have and hold on to what you earn.
Of course, there was always the investment potential too.
more suckers who can't cash out with no liquidity.
The fund is for people who are happy holding for 1 to 5 years. If they needed liquidity right now, there are lots of other things they could invest in.This is about the SECOND MARKET GUYS themselves, not the people they are hoping to lure into buying their derivate. They bought more coins than the market can take in this condition and coming up with such a scheme is the only way out for them right now. Of course buying into that would be even more idiotic, but that doesn't stop them from trying.
The Winklevoss are trying the same exact thing, getting rid of their coins without really "selling them", doesn't seem to be working..
more suckers who can't cash out with no liquidity.
The fund is for people who are happy holding for 1 to 5 years. If they needed liquidity right now, there are lots of other things they could invest in.
But seriously, the best part of their investor presentation is this page:
Note how the store-of-value function is way bigger than the rest combined.
Note how the store-of-value function is way bigger than the rest combined.
HISTORICAL NET ASSET VALUE/PER SHARE (NAV):*
September 27, 2013: $13.35
September 26, 2013: $12.67
September 25, 2013: $12.88
September 27, 2013: $13.35
September 26, 2013: $12.67
September 25, 2013: $12.88
3.65% increase in two days. Assuming that keeps up, that's a 64000% increase in a year. Sounds decent.
Also, could they be using bitcoinaverage.com for the price? It's the closest match I've found. The prices don't match Bitstamp or Gox at all.
Is there someplace I can see today's share price?
ya
http://www.bitcointrust.co/
HISTORICAL NET ASSET VALUE/PER SHARE (NAV):*
September 27, 2013: $13.35
September 26, 2013: $12.67
September 25, 2013: $12.88
Hopefully the price rises substantially in the next week or two and the potential investors can see how great the ROI can be. I think most of us here on the forum are savvy enough to get as much BTC as we want and store it securely without the help of a fund like this, but I can see the appeal for sure. It is harder to buy large quantities than one would think and the storage can be intimidating to many, especially those that are not very technical. I am excited to see how this grows and affects the price overall.
this fund looks is really good (its BITCOIN!) and its very professional when they open that market up Hopefully sooner than March 2014. theirs going to be some Big volume their
its already taking in money. I believe they cant sell until march though. 
The next months will be exciting!
this fund looks is really good (its BITCOIN!) and its very professional when they open that market up Hopefully sooner than March 2014. theirs going to be some Big volume their
Winkledouche 2.0, more suckers who can't cash out with no liquidity.
nuff said
nuff said
i lol'd
Quote
LIQUIDITY: To commence no later than March 2014.
Thank you Adam 
Is there someplace I can see today's share price?
ya
http://www.bitcointrust.co/
HISTORICAL NET ASSET VALUE/PER SHARE (NAV):*
September 27, 2013: $13.35
September 26, 2013: $12.67
September 25, 2013: $12.88
Answer to OP... few days ago.
Is there someplace I can see today's share price?
Winkledouche 2.0, more suckers who can't cash out with no liquidity.
nuff said
nuff said
Well priced in or not, I think we're one moderately good to really good piece of news away from getting a huge jump($60+) off positive news/hype accumulation.
we don't need anymore good news.
the SM is not yet "priced in".
"positive news/hype accumulation."
couldn't of said it better myself, there really has been a lot of news, bitcoin is doing very well, there's no question
Well priced in or not, I think we're one moderately good to really good piece of news away from getting a huge jump($60+) off positive news/hype accumulation.
we don't need anymore good news.
the SM is not yet "priced in".
Well priced in or not, I think we're one moderately good to really good piece of news away from getting a huge jump($60+) off positive news/hype accumulation.
"priced in"
You can't price in something like this. I'm amazed choupacabra managed to lure some down this ludicrous path. He's a decent manipulator, I'll give him that. Calling this "priced in" would be the equivalent of sitting on a beach, sipping cocktails, spanking babes when tsunami/tornado is about to hit full force because well, why bother since it was already announced days ago and it's "priced in" as people had the initial scare and moved on.
Well priced in or not, I think we're one moderately good to really good piece of news away from getting a huge jump($60+) off positive news/hype accumulation.
Jump to: