Grayscale Bitcoin Trust (GBTC)

[fantasytrip]

50 percent of what??? We all know bitcoin hit 20,000 and is running between 10 and 12 at the moment (gasp...that's...50% give or take!!!!). GBTC is a bitcoin trust. Do the math as it follows percentage-wise how bitcoin does. Some of us bought in while it was at a low, lower than last week. Bitcoin has flunctuated from what? Falling to 400? Rising again to 18000? It's volatile. That's the nature of volatility and we who risk on this risk at points we think we have a shot of seeing either a modest or tremendous rise. I am happy if it sees a modest rise next week. If not it might be wise to hold it long as right now 559 billion dollars are invested in bitcoin. It's a figure that's staggering and nothing will make this currency go poof tomorrow, though attempts will be made to regulate it. Do you agree GE is at a low...lower than 50 percent? What do you think? Do you think GE will go poof tomorrow? And what does it have to do with the price of beans, or bitcoin? Well, as we all know, you BUY at the lows. Methinks I'll be buying GE soon! It's at a ghastly "below 50 percent" at the moment.