These perma bears trolls just don't give up! 
FTFY
Topic: Shouldn't new Fund GABI aka Global Advisors Bitcoin Investment Fund boost price? (Read 12901 times)
December 03, 2014, 04:17:09 AM
FTFY
December 03, 2014, 04:06:21 AM
These perma bears just don't give up!
December 02, 2014, 11:48:26 PM
December 02, 2014, 12:48:39 PM
They could've asked any moron on here or Reddit whether a relationship with a UKish bank would last. They should've gone straight to Fidor and saved themselves the ball ache.
December 02, 2014, 04:39:38 AM
September 25, 2014, 03:26:35 PM
September 25, 2014, 02:31:01 PM
looks like the gabi guys found a way to buy at really low prices.... 
I can't blame them.
I just hope that they keep buying. It is going to look really great to GABI's initial investors when they see the price rise from this point on so hopefully that just adds fuel to the fire and they invest even more, or tell their rich friends to invest. We will see how it plays out. 
September 25, 2014, 01:23:08 PM
looks like the gabi guys found a way to buy at really low prices....
September 07, 2014, 12:03:36 AM
I said, "Shouldn't new fund boost price?" not "new fund Will boost price!"
Hopefully something happens one of these days. . .
September 06, 2014, 10:05:39 PM
August 04, 2014, 04:48:17 PM
We have seen new, large buys on Friday and today at the end of the British workday. They do appear to be being on-market every day. We'll see if it continues.
August 02, 2014, 03:45:38 PM
exactly, I'm not talking about bitcoin hedgefunds. I'm talking about wall street in general. they usually have a very loose definition of 'fair play'
And this really should come as no surprise either. They play in a more or less zero sum game (they are not entrepreneurs that create things). They are traders. The only way they make money is if somebody else loses theirs. That's the nature, objective, and end of their profession. A finds a way to take B's money without breaking laws. Why we don't think that it is at least a disturbing possibility that A might just do everything they can to take B's money is kind of beyond me. Irrational exuberance. Play long term or hedge your bets.
I'm not holding....I'm HODLING! Definitely not letting my stash go anytime soon! I'm just not betting on a big jump due to the hedgies. And that's fine with me...I can add more on dips, which I've done 3 times in the last 7-10 days.
August 02, 2014, 10:15:45 AM
exactly, I'm not talking about bitcoin hedgefunds. I'm talking about wall street in general. they usually have a very loose definition of 'fair play'
And this really should come as no surprise either. They play in a more or less zero sum game (they are not entrepreneurs that create things). They are traders. The only way they make money is if somebody else loses theirs. That's the nature, objective, and end of their profession. A finds a way to take B's money without breaking laws. Why we don't think that it is at least a disturbing possibility that A might just do everything they can to take B's money is kind of beyond me. Irrational exuberance. Play long term or hedge your bets.
August 02, 2014, 10:06:50 AM
Sure, I understand what market cap represents. I don't suspect it is possible to substantiate the claim that $200mm drove the market cap from $2-3 billion to $12 billion, but even if it were true, that is no guarantee of what $200mm invested in a hedge fund will do.
Keep in mind, they will not drive their own entry point UP. It will not happen. They are smarter than that.
Keep in mind, they will not drive their own entry point UP. It will not happen. They are smarter than that.
August 02, 2014, 09:58:24 AM
If I am not mistaken, $200mm is about 2.5% of the current market cap. Not insignificant, but I wouldn't think for even one second that this is a major short or intermediate price driver.
Keep in mind, also, that
1) these people are traders. They are NOT going to drive up their own buy price. As a hedge fund, they are under no obligation to buy bitcoin with that money, certainly not in the next few weeks. All they are paid to do is make money for their clients. If they make money buying, they will buy. If not, they won't. They may short.
2) markets are, by nature, forward-looking. Any benefit is likely priced in.
Not saying it is a bad thing. It is likely a good thing, certainly long-term. But this won't move the market right now.
Keep in mind, also, that
1) these people are traders. They are NOT going to drive up their own buy price. As a hedge fund, they are under no obligation to buy bitcoin with that money, certainly not in the next few weeks. All they are paid to do is make money for their clients. If they make money buying, they will buy. If not, they won't. They may short.
2) markets are, by nature, forward-looking. Any benefit is likely priced in.
Not saying it is a bad thing. It is likely a good thing, certainly long-term. But this won't move the market right now.
market cap is not the same as amount of actual money that went into making that market cap. when all the bitcoins already paid for increase in value because of an exchange price hike, market cap increases. so if someone spend 5 million and drove the price up 10%, all the other coins would also rise 10% making the entire market cap rise 10%. market cap went from 2-3 billion to 12 billion during the last rally. do you think people actually put 9 billion dollars of new money into bitcoin? umm nope. couple hundred million is all it took.
August 02, 2014, 09:51:22 AM
also the word is fund not fond
It's German!
Using French, German, English and Spanish words is only intellectual swaggering with my language knowledge.
And a pretext for mistakes ;-)
August 02, 2014, 09:50:39 AM
If I am not mistaken, $200mm is about 2.5% of the current market cap. Not insignificant, but I wouldn't think for even one second that this is a major short or intermediate price driver.
Keep in mind, also, that
1) these people are traders. They are NOT going to drive up their own buy price. As a hedge fund, they are under no obligation to buy bitcoin with that money, certainly not in the next few weeks. All they are paid to do is make money for their clients. If they make money buying, they will buy. If not, they won't. They may short.
2) markets are, by nature, forward-looking. Any benefit is likely priced in.
Not saying it is a bad thing. It is likely a good thing, certainly long-term. But this won't move the market right now.
Keep in mind, also, that
1) these people are traders. They are NOT going to drive up their own buy price. As a hedge fund, they are under no obligation to buy bitcoin with that money, certainly not in the next few weeks. All they are paid to do is make money for their clients. If they make money buying, they will buy. If not, they won't. They may short.
2) markets are, by nature, forward-looking. Any benefit is likely priced in.
Not saying it is a bad thing. It is likely a good thing, certainly long-term. But this won't move the market right now.
August 02, 2014, 09:35:17 AM
Yep,GABI should drive the price up.
If GABI is typical Hedge Fond, than this is not a one way. Hedge Fond does not mean that they'll buy in madness driving price up to make bitcoin holders presents. Hedge Fonds are also trying to make money when price turns south.
I get the impression that a lot of people here are seeing Hedge Fonds as some kind of new bitcoin cultists. They are not!
you don't have to be a cultist buying wildly to drive the price up. obviously they're going to trade the ups and downs, like all of us do, but regardless...200 million dollars is going to get pumped into bitcoin. you honestly think thats going to go unnoticed? also the word is fund not fond
August 02, 2014, 07:23:47 AM
Yep,GABI should drive the price up.
If GABI is typical Hedge Fond, than this is not a one way. Hedge Fond does not mean that they'll buy in madness driving price up. Hedge Fonds are also trying to make money when price turns south.
I get the impression that a lot of people here are seeing Hedge Fonds as some kind of new bitcoin cultists. They are not!
Ok,tnx for clearing this out.
August 02, 2014, 07:17:52 AM
Yep,GABI should drive the price up.
If GABI is typical Hedge Fond, than this is not a one way. Hedge Fond does not mean that they'll buy in madness driving price up to make bitcoin holders presents. Hedge Fonds are also trying to make money when price turns south.
I get the impression that a lot of people here are seeing Hedge Fonds as some kind of new bitcoin cultists. They are not!
Jump to: