jl2012



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LegendaryActivity: 1792Merit: 1010 GBTC Bitcoin Investment Trust Observer November 18, 2013, 08:06:22 AM

Last edit: January 31, 2016, 07:54:21 AM by jl2012 Merited by Syke (10) #1



Method:

1. Figures of Net asset value (NAV), total assets value (TAV), Total Share Outstanding, and XBT per Share are taken from

2. Total XBT holding = Total Share Outstanding * XBT per Share



* XBT is the unofficial ISO4217 code for bitcoin (



** Estimated figures are subject to rounding error.



*** Negative figures could be due to rounding error.



Valuation NAV TAV Total XBT Total Date ($) (M$) Share per Share XBT 20151231 40.65 60.01 1,476,500 0.09556465 141,102 20151130 35.89 51.36 1,430,800 0.09572712 136,966 20151030 31.15 44.36 1,424,200 0.09588987 136,566 20150930 22.73 32.13 1,412,000 0.09604763 135,619 20150831 22.04 31.10 1,410,800 0.09620565 135,727 20150731 27.48 38.74 1,409,500 0.09636921 135,832 20150630 25.31 35.58 1,405,500 0.09653305 135,677 20150531 22.86 32.11 1,404,800 0.09669187 135,833 20150430 22.46 31.32 1,394,600 0.09685626 135,076 Since the BIT has stopped reporting the daily total assets value, it is not possible to update the table daily like before. Instead, it will be updated with a different style, mainly to show the actual or estimated Bitcoin holding the BIT. Previous data are still available at https://bitcointalk.org/index.php?topic=337486.msg3620848#msg3620848 Method:1. Figures of Net asset value (NAV), total assets value (TAV), Total Share Outstanding, and XBT per Share are taken from http://www.bitcointrust.co/ or http://grayscale.co/bitcoin-investment-trust/ 2. Total XBT holding = Total Share Outstanding * XBT per Share* XBT is the unofficial ISO4217 code for bitcoin ( http://en.wikipedia.org/wiki/ISO_4217#Without_currency_code ** Estimated figures are subject to rounding error.*** Negative figures could be due to rounding error. Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)

LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)

PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517

"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi tised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Advertised sites are not endorsed by the Bitcoin Forum. Theymay be unsafe, untrustworthy, or illegal inyour jurisdiction.

jl2012



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LegendaryActivity: 1792Merit: 1010 Re: SecondMarket Bitcoin Investment Trust Observer November 18, 2013, 08:07:18 AM

Last edit: May 13, 2015, 02:47:27 AM by jl2012 #2



__________________________



This thread is to follow the NAV and the estimated XBT holding of the SecondMarket Bitcoin Investment Trust. All information could be found on the BIT webpage (



This will be constantly maintained. Please consider to donate if you like this table.



Warning: all raw data was publicly available on BIT website. It is suspected that they occasionally provides faulty data. Interpret the data with cautious, especially when there is a big movement in total bitcoin holding.



Method:

1. Figures of Net asset value (NAV) and total assets value (TAV) are taken from

2. Actual Bitcoin holding (ABH) is published occasionally on

3. Raw estimated Bitcoin holding (REBH) = TAV / NAV * 0.1

4. Normalization factor (NF) = ABH / REBH

5. NF for each day is derived in a linear manner

6. Estimated XBT holding = REBH * NF



* XBT is the unofficial ISO4217 code for bitcoin (



** Estimated figures are subject to rounding error. The estimated XBT amount may deviate from the actual amount by at most a few hundreds of XBT.



*** Negative figures could be due to rounding error.



**** Normalization factor is needed as SecondMarket is taking fee and each share represents less than 0.1XBT (actual amount not announced).



Date NAV ($) Net Est Est Net Est New Actual spaceholder Assets Holding Buying Invest Holding (M$) (XBT) (XBT) (M$) (XBT) Notes 30-Apr-15 22.46 31.32 136181 449 0.10 135076 23-Mar-15 25.93 36.04 135732 0 0.00 20-Mar-15 25.34 35.22 135732 -29 -0.01 19-Mar-15 24.91 34.63 135761 29 0.01 18-Mar-15 26.70 37.11 135732 29 0.01 16-Mar-15 28.21 39.20 135703 -29 -0.01 12-Mar-15 28.65 39.82 135732 10 0.00 11-Mar-15 28.58 39.72 135722 10 0.00 10-Mar-15 28.61 39.76 135712 -20 0.00 9-Mar-15 27.47 38.18 135732 59 0.01 6-Mar-15 26.66 37.04 135673 -69 -0.02 5-Mar-15 26.18 36.39 135742 30 0.01 4-Mar-15 27.28 37.91 135712 117 0.03 2-Mar-15 25.56 35.49 135595 -39 -0.01 27-Feb-15 24.43 33.93 135634 9 0.00 26-Feb-15 22.97 31.90 135625 49 0.01 25-Feb-15 23.10 32.07 135576 -68 -0.01 24-Feb-15 23.19 32.21 135644 29 0.01 23-Feb-15 22.95 31.87 135615 0 0.00 20-Feb-15 23.67 32.87 135615 0 0.00 19-Feb-15 23.10 32.08 135615 0 0.00 13-Feb-15 22.64 31.44 135615 39 0.01 11-Feb-15 21.53 29.89 135576 0 0.00 10-Feb-15 21.27 29.53 135576 30 0.01 9-Feb-15 21.39 29.69 135546 -59 -0.01 6-Feb-15 21.41 29.73 135605 -10 0.00 5-Feb-15 21.51 29.87 135615 69 0.01 4-Feb-15 21.96 30.48 135546 0 0.00 3-Feb-15 23.09 32.05 135546 -10 0.00 2-Feb-15 22.11 30.69 135556 49 0.01 29-Jan-15 22.60 31.36 135507 9 0.00 28-Jan-15 24.23 33.62 135498 39 0.01 26-Jan-15 27.23 37.77 135459 20 0.00 22-Jan-15 22.46 31.15 135439 -29 -0.01 21-Jan-15 20.84 28.91 135468 19 0.00 20-Jan-15 20.54 28.49 135449 0 0.00 16-Jan-15 20.39 28.28 135449 29 0.00 15-Jan-15 19.60 27.18 135420 49 0.01 14-Jan-15 19.24 26.67 135371 20 0.00 13-Jan-15 23.60 32.71 135351 -49 -0.01 12-Jan-15 26.16 36.27 135400 254 0.07 9-Jan-15 27.82 38.50 135146 -10 0.00 7-Jan-15 28.23 39.07 135156 -19 0.00 6-Jan-15 27.02 37.40 135175 156 0.04 5-Jan-15 26.32 36.39 135019 10 0.00 2-Jan-15 30.64 42.36 135009 29 0.01 31-Dec-14 30.48 42.13 134980 -20 -0.01 30-Dec-14 30.44 42.08 135000 -19 -0.01 29-Dec-14 30.74 42.50 135019 39 0.01 26-Dec-14 31.50 43.54 134980 68 0.02 24-Dec-14 32.14 44.40 134912 0 0.00 23-Dec-14 32.50 44.90 134912 10 0.01 22-Dec-14 32.12 44.37 134902 -29 -0.01 18-Dec-14 30.42 42.03 134931 0 0.00 17-Dec-14 31.52 43.55 134931 10 0.00 16-Dec-14 32.89 45.44 134921 19 0.01 15-Dec-14 34.19 47.23 134902 39 0.02 12-Dec-14 34.23 47.27 134863 0 0.00 11-Dec-14 34.38 47.48 134863 0 0.00 10-Dec-14 34.15 47.16 134863 10 0.00 9-Dec-14 34.37 47.46 134853 596 0.21 8-Dec-14 36.10 49.63 134257 0 0.00 5-Dec-14 36.39 50.03 134257 -30 -0.01 4-Dec-14 36.55 50.26 134287 0 0.00 2-Dec-14 37.30 51.29 134287 137 0.05 1-Dec-14 37.06 50.91 134150 -1 0.01 134150 NF=0.9766 28-Nov-14 35.96 49.39 134151 -34 -0.01 26-Nov-14 36.37 49.96 134185 4555 1.70 25-Nov-14 37.52 49.79 129630 2123 0.82 24-Nov-14 36.63 47.81 127507 20 0.01 21-Nov-14 34.25 44.69 127487 -56 -0.02 20-Nov-14 35.74 46.65 127543 23 0.01 19-Nov-14 36.98 48.26 127520 -6 0.00 18-Nov-14 37.21 48.56 127526 6335 2.42 17-Nov-14 38.57 47.83 121191 -18 0.00 14-Nov-14 39.24 48.66 121209 3 0.00 13-Nov-14 41.95 52.02 121206 -6 0.00 12-Nov-14 39.46 48.93 121212 -16 -0.01 11-Nov-14 35.77 44.36 121228 6837 2.51 10-Nov-14 35.80 41.89 114391 -37 -0.01 7-Nov-14 33.83 39.59 114428 -16 -0.01 6-Nov-14 33.62 39.35 114444 14 0.01 5-Nov-14 32.84 38.43 114430 -16 0.00 4-Nov-14 31.83 37.25 114446 7622 2.48 3-Nov-14 32.07 35.03 106824 -16 0.00 31-Oct-14 33.59 36.69 106840 3 0.00 106840 NF=0.9781 30-Oct-14 33.07 36.12 106837 -2892 -0.98 # 29-Oct-14 33.68 37.78 109729 2850 0.98 # 28-Oct-14 34.48 37.67 106879 23 0.01 27-Oct-14 34.49 37.67 106856 19 0.01 24-Oct-14 34.86 38.06 106837 -7 0.00 23-Oct-14 36.04 39.35 106844 -26 0.00 22-Oct-14 37.40 40.84 106870 13 0.01 21-Oct-14 37.69 41.15 106857 -84 -0.03 20-Oct-14 37.24 40.69 106941 68 0.03 17-Oct-14 37.06 40.46 106873 -16 0.00 16-Oct-14 37.57 41.02 106889 62 0.03 15-Oct-14 38.64 42.16 106827 -17 -0.01 14-Oct-14 39.02 42.58 106844 -1436 -0.56 # 10-Oct-14 35.41 39.15 108280 1443 0.52 # 9-Oct-14 35.89 39.15 106837 13 0.01 8-Oct-14 33.21 36.22 106824 -26 -0.01 7-Oct-14 32.15 35.07 106850 -7 0.00 6-Oct-14 31.16 33.99 106857 29 0.02 3-Oct-14 35.88 39.12 106828 356 0.13 2-Oct-14 36.94 40.14 106472 62 0.03 1-Oct-14 37.72 40.96 106410 -6 0.00 30-Sep-14 37.13 40.32 106416 -26 0.00 26-Sep-14 39.58 42.98 106442 23 0.01 25-Sep-14 40.53 44.00 106419 -17 0.00 24-Sep-14 42.36 45.99 106436 14 0.01 23-Sep-14 40.84 44.33 106422 307 0.13 22-Sep-14 39.11 42.33 106115 981 0.40 19-Sep-14 39.68 42.54 105134 130 0.06 18-Sep-14 42.44 45.44 105004 -26 -0.01 17-Sep-14 44.72 47.89 105030 -6 0.00 16-Sep-14 45.96 49.22 105036 -26 -0.01 15-Sep-14 46.55 49.86 105062 102 0.06 11-Sep-14 46.70 49.96 104960 62 0.03 10-Sep-14 46.89 50.13 104898 -16 0.00 9-Sep-14 45.84 49.01 104914 -7 0.00 8-Sep-14 46.23 49.43 104921 -19 0.00 5-Sep-14 47.66 50.96 104940 -26 -0.01 4-Sep-14 47.44 50.73 104966 -1439 -0.70 3-Sep-14 46.65 50.57 106405 189 0.09 2-Sep-14 46.69 50.52 106216 -26 0.00

# Probably an error. See



Starting to April 2014:

May to August 2014:



Since the BIT has stopped reporting the daily total assets value, the daily update of this thread is stopped. The data before May 2015 is kept here for record.__________________________This thread is to follow the NAV and the estimated XBT holding of the SecondMarket Bitcoin Investment Trust. All information could be found on the BIT webpage ( http://www.bitcointrust.co/ ).This will be constantly maintained. Please consider to donate if you like this table.all raw data was publicly available on BIT website. It is suspected that they occasionally provides faulty data. Interpret the data with cautious, especially when there is a big movement in total bitcoin holding.Method:1. Figures of Net asset value (NAV) and total assets value (TAV) are taken from http://www.bitcointrust.co/ or http://grayscale.co/bitcoin-investment-trust/ 2. Actual Bitcoin holding (ABH) is published occasionally on http://www.bitcointrust.co/ (within the investor presentation)3. Raw estimated Bitcoin holding (REBH) = TAV / NAV * 0.14. Normalization factor (NF) = ABH / REBH5. NF for each day is derived in a linear manner6. Estimated XBT holding = REBH * NF* XBT is the unofficial ISO4217 code for bitcoin ( http://en.wikipedia.org/wiki/ISO_4217#Without_currency_code ** Estimated figures are subject to rounding error. The estimated XBT amount may deviate from the actual amount by at most a few hundreds of XBT.*** Negative figures could be due to rounding error.**** Normalization factor is needed as SecondMarket is taking fee and each share represents less than 0.1XBT (actual amount not announced).# Probably an error. See https://bitcointalk.org/index.php?topic=337486.msg9206222#msg9206222 Starting to April 2014: https://bitcointalk.org/index.php?topic=337486.msg6449073#msg6449073 May to August 2014: https://bitcointalk.org/index.php?topic=337486.msg8597489#msg8597489 Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)

LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)

PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517

Zangelbert Bingledack



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LegendaryActivity: 1036Merit: 1000 Re: SecondMarket Bitcoin Investment Trust Observer November 18, 2013, 03:38:56 PM #10 Quote from: Luckybit on November 18, 2013, 02:44:53 PM It looks almost like they single handedly caused all this. If this really small institutional investor can cause this just wait until Mastercoin brings in the big money.



I've pondered that idea many a time. Of course China is not insignificant. But also you could make the argument that for Second Market to get into this, it really indicates that there's an underlying sea change happening within Wall Street and other big money people (the Mellon banking dynasty, supposed to be wealther than the Rockefellers). They are buying on dark pools, meaning the exchanges only show a severe coin shortage rather than a bunch of huge whale buys. This results in more delayed price action, but more assured upward movement. I've pondered that idea many a time. Of course China is not insignificant. But also you could make the argument that for Second Market to get into this, it really indicates that there's an underlying sea change happening within Wall Street and other big money people (the Mellon banking dynasty, supposed to be wealther than the Rockefellers). They are buying on dark pools, meaning the exchanges only show a severe coin shortage rather than a bunch of huge whale buys. This results in more delayed price action, but more assured upward movement.