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Grayscale Bitcoin Trust GBTC

Grayscale Bitcoin Trust (the Trust) is an investment vehicle. The Trust's purpose is to hold Bitcoins, which are digital assets that are created and transmitted through the operations of the peer-to-peer Bitcoin network, a decentralized network of computers that operates on cryptographic protocols. Its investment objective is for the value of the shares (based on Bitcoin per Share) to reflect the value of Bitcoin held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities. The Trust's activities include issuing Baskets in exchange for Bitcoins transferred to the Trust; transferring or selling Bitcoins, Incidental Rights and IR Virtual Currency; transferring Bitcoins in exchange for Baskets surrendered for redemption; causing the Sponsor to sell Bitcoins, Incidental Rights and IR Virtual Currency on the termination of the Trust; and making distributions of Incidental Rights and/or IR Virtual Currency or cash from the sale thereof.


ARCA:GBTC - Post by User

Post by goldhenerybaron Sep 22, 2020 4:00am
172 Views
Post# 31596051

i should explain ,,re looking good

i should explain ,,re looking good
i look at the unit value rate over or even if ever under, i am not charting that for a buy point.
i am l,looing the overvalue percent as a measure of exurbuance.
not a entry point.
for me i like no input  from anywhere on a price to buy or sell except the charts.
i was not my intent when i used the term "looking good" in last post  to relate it to a place to buy.
when i started this spread sheet it was only a experment to chart human emotion to price
 unit value.
that human emotion has faded from the unit value looks good as it would be nice to
 have a low unit value to gbtc held  at a low for that fine day IF it happens that btc goes up.


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