What is the Bitcoin Investment Trust (BIT)? - Bitcoin ...
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Bitcoin enthusiast, Entrepreneur, Investor, Trader, Advisor, Investment Banker & Money Manager Funder of Cryptor Trust a Global Think Tank and investment group for Bitcoin and Crypto related assets world wide. Founder of Elliott Wave Technician. A financial advisory in forecasting & research of the financial market and societies. Funder of Cornupia Capital Ltd.a financial advisory service in mergers & acquisitions, offshore structures and corporate restructuring.
Welcome to IOTAmarkets! -- IOTA is a quantum-resistant distributed ledger protocol launched in 2015, focused on being useful for the emerging m2m economy of Internet-of-Things (IoT), data integrity, micro-/nano- payments, and anywhere else a scalable decentralized system is warranted. IOTA uniquely offers zero fees, no scaling limitations, and decentralized consensus where users are also validators. The digital currency 'iota' has a fixed money supply with zero inflationary cost.
The US Govt. is dumb. They should have HODL'd! Tim draper has made $60M in just 3 years and growing. He smart.
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Over time, the US government has seized hundreds of thousands of bitcoins from people who used the cryptocurrency in the process of breaking the law. Those confiscated bitcoins don't just sit in the US government's digital wallet - they get auctioned off to the highest bidder. Here's a rundown of four major bitcoin auctions since the Silk Road bust and the profits made by each winning bidder, assuming they haven't sold out of their positions. June 30, 2014: 30,000 bitcoins sold at a value of $19.4 million Position would be worth $71.9 million - net profit $52.5 million Buyer: Venture capitalist Timothy Draper December 9, 2014: 48,000 bitcoins sold at a value of $18.1 million Position would be worth $115.1 million - net profit $97 million Buyer: SecondMarkets, an exchange started by Barry Silbert, who runs the Bitcoin Investment Trust fund. November 30, 2015: 44,000 bitcoins sold at a value of $14.6 million Position would be worth $105.5 million - net profit $90.9 million Buyer: Unknown. August 22, 2016: 2,700 bitcoins sold at a value of $1.6 million Position would be worth $6.5 million - net profit $4.9 million Buyer: Unknown.
Among all of Grayscale’s crypto investment products, Bitcoin Trust has the most AUM of $3.554 billion. Bitcoin Cash Trust’s AUM was $6 million on July 20, while Litecoin Trust’s was $2.1 ... Photo credit: Michael Wuensch Trading under the ticker symbol GBTC, the Grayscale Bitcoin Investment Trust is currently the only Bitcoin Investment Trust that is publicly trading. Pegging its share price to the TradeBlock XBX 24-hour bitcoin index, the BIT is generally seen as favorable by the bitcoin community, since shares usually trade as an asset to bitcoin’s net market value. It's an imperfect way to bet on bitcoin, but as the market's only bitcoin fund, it snaps up a lot of trading volume. 1. What is the Bitcoin Investment Trust (GBTC)? This trust acts as a bitcoin ... If Fidelity's new bitcoin fund can gain demonstrable traction with its existing clientele, it has the potential to be the next 1000 pound gorilla buying up more bitcoin than is being mined, thus a ... Bitcoin Investment Trust is an open-end fund that tracks the performance of bitcoin. That performance has been disastrous in 2018, which begs the question "hodlers" everywhere are asking: Where ...
BTC News - Grayscale Will Launch Stock Split for Bitcoin Trust Shares
The Bitcoin Trust Is Creating a 91-1 Stock Split , Bitcoin Investment Trust is a popular investment fund based on the price of bitcoins held in reserves. Most investment trusts own a fixed amount ... Hyperwave Channel by Lucid Investment Strategies Co-hosted by D. Tyler Jenks and Leah Wald Bitcoin: 31qBca9jRFfux1Qsum9Ekp95MBSgCEWxt6 D. Tyler Jenks, the Pr... Their previous funds included on bitcoin, ethereum classic and zcash. "This gives them the ability to make a singular investment that is going to give them exposure to approximately 70 percent of ... Is Bitcoin US best investment of the decade? How can a billionaire, Paul Tudor Jones, trust bitcoin so much that he decides to invest a massive amount in it? Today's video will give you hints that ... Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.