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... Traditionally bitcoin securities trade for between 3 and 10 times their instantaneous annualized return...
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What does that have to do with instantaneous annualized return for this ... thing, which, with the price dropping from .2 to .002, is amazingly negative?
This last drop to 0.002 BTC was the end result of Garrett fucking up, Stabs dumping his shares and Goat threatening to burn down what's left.