Cconvert2G36
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December 08, 2015, 08:39:14 AM

why no one told me $gbtc closed at 520$  Shocked


That's an amazing price difference between gbtc and regular and real btc, and so far, I have not seen nor read any meaningful explanation regarding why such considerable price difference exists between gbtc and regular and real btc except that people (investors) are so BTC volatility adverse (shy) that they invest in some investment vehicle related to the stock market, gbtc, that they "know" - rather than one that they feel that they do not know, BTC.  h

however, ironically, the ongoing considerable price difference between gbtc and btc seems to create an additional uncertainty regarding the continued price "stability" of gbtc, which to anyone knowledgeable about BTC would rather own real btc rather than the paper imitation shit of gbtc... in spite of apparent arbitrage opportunities.

Possibly because it's highly illiquid? And the only way John Q. Public can buy bitcoin "exposure" while logged in to his Schwab account?

The arbitrage opportunities are shit, due to the lock-in of shares in the BIT.