Stamford, CT
Joined October 2011
I'm thinking of splitting DCG's stock 1 million-to-1 so that our shares are priced at $0.0000006 per share
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Barry Silbert retweeted
Replying to @TheStalwart
i predict the bitcoin price will move towards being quoted in sats over the next year...which is, IMO, the first step towards bitcoin being used as a medium of exchange and unit of account globally
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instead of looking down at your phone, thought we’d make it a bit easier to keep tabs on the $BTC price as you walk down the street cc @Grayscale, powered by the @CoinDesk XBX Index
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We probably need to figure out a way to express it in both new and old format for a period of time and coordinate a very close roll out across platforms
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Everything wrong with wall street is in $BITO. In just 6 days, it is underperforming $GBTC by 7.5%, and the rolling cost doubled as ProShares moved half its positions out to Nov to deal with position limits set by the CME. More approved products are a positive but buyer beware.
What’s next for #bitcoin-related ETFs? “This is the tip of the iceberg.” 👉 @BitwiseInvest’s Katherine Dowling and @CoinDesk’s @JodieGunzberg join @NPetallides to assess how this exposure to #crypto is playing out for investors: $BITQ $BITO
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Not only is $GBTC outperforming $BITO, today it had higher trading volume too $GBTC = $374mm $BITO = $286mm
Since 10/19 (ProShares launch day)... $BITO -0.51% $GBTC +8.78%
Show this thread
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Barry Silbert retweeted
It's a valid point - will see if we can come up with something that doesn't confuse new users. As Bitcoin keeps growing, it's going to make sense at some point (maybe that point is already here). Buying $100 of Bitcoin is such a tiny fraction already.
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It is time to start quoting bitcoin/fiat pairs in sats (Satoshis) across wallets and exchanges 1 BTC = 100,000,000 sats
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MILESTONE: Grayscale #Zcash Trust is now trading on @OTCMarkets under symbol: $ZCSH. To learn more, visit our product page here: grayscale.com/products/grays…
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It is time to start quoting bitcoin/fiat pairs in sats (Satoshis) across wallets and exchanges 1 BTC = 100,000,000 sats
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Hyperinflation is going to change everything. It’s happening.
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MILESTONE: Grayscale #Horizen Trust is now trading on @OTCMarkets under symbol: $HZEN. To learn more, visit our product page here: spr.ly/6010JuIYG
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Kind of feels like the global economy is about to implode, but maybe it's just me
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$GBTC has outperformed $BITO every day since its launch. I know it's a small sample size, but still not what was expected by most people.
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$GBTC outperforming $BITO by 4.68% so far
when a pic is worth a lot of satoshis $GBTC $BITO
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So... this is a metaverse 😎 @decentraland
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10/21/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $57.0 billion $BTC $BAT $BCH $LINK $MANA $ETH $ETC $FIL $ZEN $LTC $LPT $XLM $ZEC $UNI $AAVE $COMP $CRV $MKR $SUSHI $SNX $YFI $UMA $BNT $ADA $SOL
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