Author Topic: The Bitcoin Investment Trust’s GBTC Begins Trading on Public Markets  (Read 451 times)

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Offline Akado

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https://bitcoinmagazine.com/20262/bitcoin-investment-trusts-gbtc-begins-trading-public-markets/
http://www.reddit.com/r/Bitcoin/comments/34vuku/congratulations_bitcoin_on_your_new_ath_133700/

it was not the ath and market is still not liquid, but what do you think about this? $1337/btc. Might not be relevant, price range will probably narrow down but it's pretty interesting seeing someone bidding that high for btc
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Offline pc

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this ensures that the average individual can now purchase shares of bitcoin without having to own the physical asset;

"physical asset" - LOL
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Offline Akado

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this ensures that the average individual can now purchase shares of bitcoin without having to own the physical asset;

"physical asset" - LOL
It comes from a bitcoin press so it should be right  :P
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Offline CLains

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sw337

Offline monsterer

Did anyone consider that GBTC is actually a pegged asset for the stock market?
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Offline xeroc

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Did anyone consider that GBTC is actually a pegged asset for the stock market?
That may be the reason why it is saying:
Quote
Each GBTC share represents ownership of approximately 0.1 bitcoin Alternative Reporting
at http://www.otcmarkets.com/stock/GBTC/quote
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