Quote from: monsterer on May 07, 2015, 08:33:26 AM
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

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

sw337

Quote from: pc on May 06, 2015, 11:36:49 AM

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

"physical asset" - LOL

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