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S&P 500
5,696.99
(
-0.29%
)
US TECH 100
19,266.00
(
-0.35%
)
Dow Jones
41,980.27
(
-0.11%
)
Brent Oil
73.90
(
-0.57%
)
Bitcoin
63,231.91
(
0.40%
)
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Strategyone

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Strategyone

Re: tothemoon100x post# 5681

Thursday, 12/14/2017 11:55:01 AM

Thursday, December 14, 2017 11:55:01 AM

Post# of 26502
Yes, tothemoon, I agree, the NAV premium is too high right now. A correction is needed and usually happens when bitcoin price stagnates (as it has done the past couple of days). At some point a shorter group is going to come in to get GBTC more in line with NAV. The only question is, will it be before the next run for bitcoin???? I can't answer that so I still hold my core position.
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