I'm gonna spoon feed you fags
a) read this
grayscale.co
Their q1 report shows this
>Largest Quarterly Raise in Grayscale History: Grayscale raised $503.7 million in 1Q20, nearly double the previous quarterly high of $254.8 million in 3Q19. New investors accounted for $160.1 million in inflows. Grayscale Bitcoin Trust and Grayscale Ethereum Trust both experienced record quarterly inflows of $388.9 million and $110.0 million, respectively.
>AssetInvestment Report In 1Q20, inflows to Grayscale Bitcoin Trust hit $388.9 million, the highest level we’ve seen in a single quarter, surpassing the previous high of $193.8 million raised in 4Q19
So yeah, last quarter bulls are back in town like they never been. They are ready to swing their dicks and fuck you cucks. Imagine the biggest black dicks you can imagine, imagine your waifu, mom, husband, sister getting fucked by a big juicy bbc and he’s all sweaty, he just wants you to keep listen to him fucking your precious conscience. That's greyscale. And they are horny.
Now, what is greyscale
>One key thing to remember when considering buying shares in Grayscale Bitcoin Trust is that it's not a true common stock. Stocks are shares in a company, while GBTC shareholders own part of an open-ended grantor trust.
>Grantor trusts are required to hold a fixed portfolio, rather than a variable one. Such trusts often hold physical commodities and currencies. In this case, GBTC is a trust that only holds Bitcoin.
Well, and how much is their shares being traded TODAY:
>9,62$
Interesting, and what is the btc pegging to that share
>According to Grayscale's website, each share represents 0.00096524 bitcoins.
hmm but btc today is being traded at 8542
>8542x0.00096524=8,2
>9,2/8,2-1=12%
These motherfuckers are selling btc price at +12% and everyone is crazy bullish, what do they know?????
Just read this and stop masturbating
Other urls found in this thread:
btcmanager.com
bitinfocharts.com
fred.stlouisfed.org
fred.stlouisfed.org
twitter.com
Now, lets get really juice,
Grayscale ETH
today it's trading at 104,54
according to their site
> Grayscale issued 8,025,200 shares which correspond to about 756,000 ETH at 0.094 ETH per share.
hmm, lets do the math again
>eth today=215
>215*0,094=20,21
but the stock is trading at 104,54. How is this possible?
>104,54/20,21-1=517%
This motherfuckers are selling ethereum at 517% premium price
WTF, WTF
What is this crazy bull craziness
also:
btcmanager.com
> Half of the 1.5 Million Ethereum Mined in 2020 Bought by Grayscale Investors
These motherfuckers are selling ethereum over 1000$ to investors and they are still bullish. What could they possibly know?They will have to hold for over a year
>The ETHE trust is targeted at investors willing to pay more for regulatory oversight and to avoid risk. Anyone thinking about a potential arbitrage opportunity, however, should note all ETHE shares require a one-year holding period after they’re created. In addition, the trust requires all investors to be accredited, with a minimum of $25K to start.
So, yeah. Don't mess up.
And yes, i don't mention it but just buy chainlink with some eth/btc one the side. We're in for a crazy ride.
based thread but biz is too shit for this thread
>commas instead of periods
Why are eurofags like this
the fuck???? that's literally hacking
how can they get away with this?
,
So do I keep accumulating?
do whatever you want. Just know big rich bulls are buying eth at a massive premium. Massive.
why the fuck would they buy eth at 512%
even if they have the guarantee to make more in the long run why not buy at the spot price.
even if I had billions I'd never do this, unless some shit beyond my goyim understanding is taking place rn
Because boomers
This is big money that can't siphoned through shitty exchanges and needs to go through the proper channels and regulated markets.
read that other article I posted. They might have bought half the supply of eth mined in the last year.
Their goal is to control the market
Why dont these stupid fucking nggers buy chainlink already? Blockchain is fucking useless without link and I want to make it already. If you reply to this post and dont hold LINK you take it up the ass so fuck off
I can’t go on for much longer... I’ve been holding for 3 years now. 13k link stack and I’m literally exhausted. Convince me that it’s gonna be ok...
Okay thank for clarifying going to buy more
ok
alright
holy fucking shit?
there's no escaping the system as long as it can be bought I guess
this gives me some sort of timeframe and info to go by.
Bless you user you've helped me reduce my doubts, we dont deserve your thread
You can use your 401K to buy this ETH.
My boomer dad bought GBTC because he didn't want to pay taxes on his 401k to withdraw it
I have ~$20,000 in GBTC & ~$10,000 in ETHE
...only way I can invest in digital assets in my 401K
The current implied price of eth by ethe is $1130.
That's a lot of sustained buying demand for 2020
Is crypto going to go through another 2017? Fuck man I wish I had more money to throw into it right now.
>Blockchain is fucking useless without link and I want to make it already.
Lol @ Sergeys useless token
>I’ve been holding for 3 years now. 13k link stack and I’m literally exhausted. Convince me that it’s gonna be ok...
The bullmarket will peak in 3 years. Sergey has exit scammed by then though so I would sell those links and buy 50:50 BTC:ETH
3 years is nothing.
probably not, you're not going to see every shitcoin go x100, there's more projects first of all, and some big ones are going to take most of the liquidity.
But the market is definitely expected to grow by quite a bit.
why would you end a sentence in the middle of a number
Wow, they are lining up to pay over $1k per eth.
I'm guessing this means eth2 and the Ethereum Enterprise Alliance has succeeded. Exciting times.
I feel like we might test ATH on Bitcoin. All the circumstances are perfect. People are getting stimulus checks, the dollar is being devalued and gold is sold out everywhere.
Why can't I masturbate and read this at the same time?
mind = blown
I'm too distracted by the fact you used
>9,62$
but then used
>0.00096524
then switched back
>8,2
What the fuck is the matter with you? Just use the comma for groupings and the period as a decimal point. Also put the currency symbol in front what the fuck.
a) using the phone to write all that, so you can fuck off
b) copy pasted the 0.00096524
and people wonder why so much tether is printed