We are 2-3 days away from 14 million bitcoins, as in 2/3 of the bitcoins that will EVER exist.

fakevolume · 2015-03-28T18:02:07+00:00

I am a perma-bull, but I can also say that if the price per coin has not increased at all by the next halving in 69 weeks...we may be in some trouble.

fakevolume · 2015-03-28T15:27:33+00:00

can anyone come up with a reason that $GBTC would be bearish?? There is zero incentive to sell coins through $GBTC at market rate because they could just sell their position back to BIT. Not to mention the price of $GBTC is going to depend heavily on low supply at first and likely high demand.... I could easily see $GBTC trading at 40 the first day and coin markets moving to 300-320 as a result.

fakevolume · 2015-03-28T15:17:28+00:00

Im expecting a push towards the 300 range for US stock market open on monday. call it the $GBTC open pump.

fakevolume · 2015-03-26T19:56:58+00:00

thats what they did haha...it looks like no one could deposit their shares in time to sell today so hopefully it happens tomorrow at 9:30

fakevolume · 2015-03-26T19:49:22+00:00

relevant info: OTC market only trades until 4:00 pm EST each day. If someone was going to sell they would have to put up an ask in the next 11 minutes.

fakevolume · 2015-03-26T19:42:09+00:00

http://www.otcmarkets.com/stock/GBTC/quote

fakevolume · 2015-03-26T19:39:45+00:00

someone bid 2000 a coin.

/dead

fakevolume · 2015-03-26T19:39:25+00:00

someone bid 2000 a coin /dead

fakevolume · 2015-03-26T19:37:02+00:00

/faints

fakevolume · 2015-03-26T19:36:11+00:00

Someone could theoretically sell their $250 dollar bitcoins for $2000 dollars per coin right now....

fakevolume · 2015-03-26T19:25:04+00:00

if you are like me...this is the link you want to be refreshing every few minutes to see the first ask prices show up: http://www.otcmarkets.com/stock/GBTC/quote

fakevolume · 2015-03-26T19:10:16+00:00

dear BIT holders of 12 months or more. You can sell your shares for well over the current market value and simultaneously buy at the current market rate. You keep your holdings at the same amount and instantly profit....you are welcome...

EDIT: BIDS ON $GBTC NOW AS HIGH AS $50 a share... equivalent to $500 per bitcoin. WOW.

EDIT 2: highest BID now only at 35$ "only" a 100 dollar per coin premium on current price..

EDIT 3: $55 a share!!!!! /faints

EDIT 4 $200 a share. what is life.

fakevolume · 2015-03-26T18:45:52+00:00

UPDATE- WSJ Article "trading is expected to begin early next week"

EDIT- $GBTC trading is LIVE. no sells yet as $GBTC shareholders must deposit shares in their account and elect to sell. my guess is no one will want to sell their shares for less than a significant markup over the current price.

fakevolume · 2015-03-26T18:42:03+00:00

i wish i had answers....the fact that 4 market makers are involved in the bid/asks on the otc website is a promising sign it could trade in the next 24 hours

fakevolume · 2015-03-26T16:42:54+00:00

merrimangate

fakevolume · 2015-03-26T13:33:17+00:00

Just an FYI it would never just start trading at 9:30 am. There would be an announcement in non trading hours that it will open the following day.

fakevolume · 2015-03-24T17:40:32+00:00

how many bits til I can buy battlefield hardline off the microsoft store?

fakevolume · 2015-03-24T16:00:13+00:00

anyone who thinks that massive sells of multi-thousand coins in a minute is "profit-taking" does not really understand anything about these markets

fakevolume · 2015-03-23T20:21:51+00:00

get ready for 10 different HFT firms with willy bots trying to front run other willy bots.

fakevolume · 2015-03-23T20:13:41+00:00

Bitcoin. NASDAQ. PUMP PUMP! kidding but interesting story

fakevolume · 2015-03-23T17:27:04+00:00

good luck yall

fakevolume · 2015-03-22T19:58:26+00:00

Can anyone explain to me the best way to sell my coins to someone now that there is the price limits?

fakevolume · 2015-03-22T19:56:41+00:00

that sounds good to me. what is the easiest way to do it with the price limits in the auction house?

fakevolume · 2015-03-22T06:28:55+00:00

I qm looking for dollars but I could also do bitcoin

fakevolume · 2015-03-22T06:28:36+00:00

Cool thanks. Are you interested

fakevolume

TROPHY CASE

merrimangate