Replies to post #11731 on Grayscale Bitcoin Trust (GBTC)

[QX4]

BTC, lowest float stock ever! 100 times the buyers for GBTC due to restrictions put on broker employees can't buy BTC direct they have to buy GBTC etc...:-)


GBTC is like BTC futures trading...hodl and win,,,as mass adoption of crypto gets rolled out GBTC 10X this yr as BTC goes to 100,000...before Dec 2018:-)


I'm my opinion

Rem only 21 mil shares of BTC so its like the lowest float stock in the world...:-):-):-)


They can't dilute BTC

They can't print more that 21,000,000


Lowest float stock I have ever seen

Demand is SOARING

15,000 is a joke


Not many people and experienced traders realise this is the hottest fastest ride to the top of the year.:-):-):-)

Note GBTC DOUBLED ALREADY IN A WEEK!:-):-):-):-):-):-):-)

[Tenured]

Keep in mind monitoring daily premiums is a useless exercise more or less. Gbtc is designed provide the same return as bitcoin over time. Daily fluctuations don't mean much. It's the average over the long run that matters.