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RE: Why are investors buying GBTC?
My assumption is the recent surge in price has renewed confidence in Bitcoin to traditional investors. That and the fact it's survived for so long, the first mover and has a high amount of liquidity amongst exchanges does bring an appealing investment opportunity.
So basically the people who view this from the outside see GBTC as a safer entry into the cryptocurrency market as it's slightly more regulated than putting your money on an exchange or working out how to work a wallet, but I could be wrong.
Yeah for sure
Yes you could be wrong, but you might be right? A constant debate over the "true" value of anything is why we even have a market. I'm not sure if I agree or not yet, I 'll have to do some more research. But your opinion has made me want to check out this theory form myself. Thank you for leaving thought provoking comments like this. A great contribution to help all of us who are trying to stay on top of the crypto economy. I have just followed you for more valuable insight. Keep the comments coming @ardy.