Quote from: ElectricMucus on May 05, 2015, 09:32:24 AM

Quote from: tabnloz on May 05, 2015, 09:04:09 AM

OMFG! It has been online 1 whole day, what a failure.

If Silbert and co have put so much time and money into this thing without some inkling of interest or necessity, then the market will spit them out.

Zooming out to a distance, that doesn't seem to be the case.

Ridiculous to proclaim it a turd after 24 hrs.

Lets see how it is in a week.. Any random altcoin generates more of everything just in the first hours, just saying.
Who knows maybe it'll catch up, but the notion that retail investors will be storming into this has been pretty much debunked now.

I am still waiting for your prediction about Coinbase running with their users funds to come true. You have a tendency to..how shall I put it..see the glass half full. I am sure you are great fun at parties.

Most people would say that after one day of thin trading at a massive premium to the exchange price it is far too early to see how this will play out.

For now the large traders with an interest in the price falling are selling the price lower to try and prevent average joe from getting excited about GBTC and start closing the arb upwards.