GBTC | TexAgs

Dr T and the Women

Joined: Apr 13, 2004

Posts: 6,722

User Profile

Private Message

Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

4:18p, 12/31/22

AG

I am not a cryto believer in general. However I have been following GBTC. It is trading at a big discount to its book value as I understand it.

I think the whole FTX situation has created an arbitrage situation.

What are the biggest risks here?

No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.

QuantumNoodle

Joined: Aug 8, 2004

Posts: 33,799

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

In reply to Dr T and the Women • 6:08p, 12/31/22

Dr T and the Women said:

What are the biggest risks here?

100% loss

11

Adverse Event

Joined: Feb 25, 2022

Posts: 2,468

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

8:39p, 12/31/22

The lack of SEC ETF approval had Silbert seeking other means that probably shouldn't have been sought. Lots of info out there.

What bitcoin’s detractors don’t understand is monetary economics, computer science, software engineering, network protocols, and electrical systems.

It ain't much, but it's honest Proof of Work.