Quote from: bitbob82 on May 09, 2015, 05:38:44 AM

Quote from: Jettison86 on May 09, 2015, 05:22:23 AM

Quote from: bitbob82 on May 09, 2015, 04:44:23 AM

Hello

Since GBTC is $500 each and other BTC exchange is $250 each, can I buy from BTC exchange and sell it to the GBTC Huh

?

If can, then how Huh

?

If cannot, then why Huh

??

Please, anyone

No, because you're buying SHARES not bitcoins.

Sorry, but I still do not understand, who is selling right now? how did they acquire the share to sell? and why dont the buyer buy cheap $250 instead of buy expensive $500 ?

read here http://bitcoinist.net/gbtc-bitcoin-investment-fund-live/

they are two different thing, gbtc where create for those who don't want to deal with all the hassles of bitcoin

the price is higher because they are speculating on it, in other words the demand is higher for now