Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Norway
on 05/05/2015, 18:18:50 UTC
Quote from: sleger on May 05, 2015, 06:08:12 PM
Quote from: Norway on May 05, 2015, 06:04:37 PM
Quote from: sleger on May 05, 2015, 05:52:07 PM
Quote from: Norway on May 05, 2015, 05:43:36 PM

Citadel is the bidder. On the list of bidders. They are hedgefund managers. They buy on behalf of their clients. You probably just read me wrong, no problem  Wink

Believe what you want, but Citadel is not taking a long position on GBTC.

I know that they are hedgefund managers. They manage the largest funds in the world. I also know what a hedgefund manager is. I don't understand what the problem is?

No clearly you don't get it, but it is also obvious you are not an expert of this world. I believe you linked wikipedia before, so maybe read this part :
http://en.wikipedia.org/wiki/Citadel_LLC#Citadel_Securities

I never claimed to be an expert of this world, nobody are. But I actually read that part (same wiki page that I linked to) before you posted this link.
Citadel LLC is a large organisation. Naturally, they have different business segments. I'm not going to discuss this anymore unless you come up with a valid point. I'm not here for a troll fight.