Re: What if Winklevoss' bitcoin ETF would be the same as Barry Silbert's GBTC

Quote from: inca on April 05, 2015, 07:40:08 PM

Quote from: backb on April 05, 2015, 07:30:21 PM

What if Winklevoss Twins' bitcoin ETF (NASDAQ) would be the same as GBTC (Barry Silbert's Bitcoin Investment Trust, OTCMKTS):

1: NO trades two weeks after official launch, unlikely for ETF, because Winklevoss Twins can't wait to sell their bags (1 million shares = 100k bitcoins), so there would be sell orders soon as ETF goes live!

2: The ETF will only got less than total 75 bitcoins buy orders like GBTC does (GBTC only has 750 shares bid list = 75 btc demand http://www.otcmarkets.com/stock/GBTC/quote).

If thing comes out like this, does it mean neither wall street nor average joe is waiting to get in and in fact nobody care about bitcoin?

Why don't you ask hypothetical trolling questions with your main account instead of using a throwaway?

Because trolls are gonna troll. Do you spend all day on a forum relative to a topic that you despise? Probably not. What if someone paid you to register and troll that forum??