Shouldn't new Fund GABI aka Global Advisors Bitcoin Investment Fund boost price? - page 3.

Quote from: dropt on July 29, 2014, 10:16:24 AM

a hedge fund should have some strategy. If they just buy & hold, heck you can do that yourself

I agree, however GABI hasn't even launched yet. The question at hand (IMO) is have they already started accumulating, and if so are they primarily doing it OTC? I personally wouldn't expect to see a legitimate hedge fund actively, and knowingly, manipulating a market to such an extent to take their position. I'm no wall street guru, but I'd think that kind of activity is illegal.

There are zero rules against that in the BTC market right now. Perhaps that'll change but then again there aren't any rules against it in any forex market which is where Bitcoin may end up.

BitChick

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Quote from: dropt on July 29, 2014, 10:16:24 AM

a hedge fund should have some strategy. If they just buy & hold, heck you can do that yourself

I agree, however GABI hasn't even launched yet. The question at hand (IMO) is have they already started accumulating, and if so are they primarily doing it OTC? I personally wouldn't expect to see a legitimate hedge fund actively, and knowingly, manipulating a market to such an extent to take their position. I'm no wall street guru, but I'd think that kind of activity is illegal.

It would have been nice if there was some information out there about what amount of coins the fund is starting with and their strategy for obtaining them. At least Second Market gave out more info about the buying structure. Maybe when they launch on Friday?

twiifm

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a hedge fund should have some strategy. If they just buy & hold, heck you can do that yourself

I agree, however GABI hasn't even launched yet. The question at hand (IMO) is have they already started accumulating, and if so are they primarily doing it OTC? I personally wouldn't expect to see a legitimate hedge fund actively, and knowingly, manipulating a market to such an extent to take their position. I'm no wall street guru, but I'd think that kind of activity is illegal.

The founder was a oil futures trader so I'm curious to what he plans to do w bitcoin

dropt

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Quote from: dropt on July 29, 2014, 12:31:47 AM

a hedge fund should have some strategy. If they just buy & hold, heck you can do that yourself

I agree, however GABI hasn't even launched yet. The question at hand (IMO) is have they already started accumulating, and if so are they primarily doing it OTC? I personally wouldn't expect to see a legitimate hedge fund actively, and knowingly, manipulating a market to such an extent to take their position. I'm no wall street guru, but I'd think that kind of activity is illegal.

twiifm

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Activity: 784

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Quote from: maker88 on July 28, 2014, 05:34:34 PM

Sorry I meant to add input to this and not just point out failings further absurdities. I think the hedgefund is going to be big, but I think it's been in the works long enough that big fish already got wind of the situation, and that is the reason for the market manipulation a we've seen where there are 1000-1500btc dumps aimed at causing panic in an otherwise healthy market. Bitcoin doesn't react to FUD these days, so the powers behind the shadows have to physically move the market to get people scared. Unfortunately the trading bots exaggerate the slippage and this has been keeping the consolidation period going. But basically the entire thing is happening because someone big wants in. I suspect multiple people are working together towards a mutal goal of causing orchestrated panic to keep a price ceiling in place while they work to position themselves better without causing a panic buying event. These are the kind of people who want to buy 50000 btc without any price slippage. That's a tough goal but what if you could pay your friends who have substantial market moving abilities to dump a few thousand coins and then buy back in lower? And do it over and over? To me this market manipulation is actually bullish, because it tells me smart money wants in, but they're doing it in a clinical and organized way to remain quiet. That means smart money believes in bitcoin, and they're smart Cheesy

so that's why I think the fund hasn't caused a rise. I think last time there were two bear traps before the fire works, so why not this time?

Possible, sure. But if GABI is looking for 200MM in holdings, that's approx 385,000 BTC at the current market rate. These piddly dumps and buys is nowhere near that kind of volume, even cumulatively.

a hedge fund should have some strategy. If they just buy & hold, heck you can do that yourself

dropt

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Quote from: maker88 on July 28, 2014, 05:34:34 PM

Sorry I meant to add input to this and not just point out failings further absurdities. I think the hedgefund is going to be big, but I think it's been in the works long enough that big fish already got wind of the situation, and that is the reason for the market manipulation a we've seen where there are 1000-1500btc dumps aimed at causing panic in an otherwise healthy market. Bitcoin doesn't react to FUD these days, so the powers behind the shadows have to physically move the market to get people scared. Unfortunately the trading bots exaggerate the slippage and this has been keeping the consolidation period going. But basically the entire thing is happening because someone big wants in. I suspect multiple people are working together towards a mutal goal of causing orchestrated panic to keep a price ceiling in place while they work to position themselves better without causing a panic buying event. These are the kind of people who want to buy 50000 btc without any price slippage. That's a tough goal but what if you could pay your friends who have substantial market moving abilities to dump a few thousand coins and then buy back in lower? And do it over and over? To me this market manipulation is actually bullish, because it tells me smart money wants in, but they're doing it in a clinical and organized way to remain quiet. That means smart money believes in bitcoin, and they're smart Cheesy

so that's why I think the fund hasn't caused a rise. I think last time there were two bear traps before the fire works, so why not this time?

Possible, sure. But if GABI is looking for 200MM in holdings, that's approx 385,000 BTC at the current market rate. These piddly dumps and buys is nowhere near that kind of volume, even cumulatively.

maker88

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Quote from: BitChick on July 28, 2014, 02:06:12 PM

Quote from: BitChick on July 28, 2014, 02:06:12 PM

I'm not lying on anything. You just said that 5 million in cash outs is nothing compared to 200 million in investment. That is a lie. Making you a liar. A liar who can't speak or spell properly, which totally helps your credibility btw Roll Eyes

you also said the hedgefund is just not going to happen, due to some nonexistent market crash you've been ranting about since your first post, but guess what? It is happening. That's why they did a press release and got the fund approved and are launching it. You can't just make that shit up, it's illegal, even on jersey isle. So, so far, that's two lies you've said in this thread alone, that contradict each other. If you're going to troll and act stupid, at least make up your mind about what rediculous fictitious scenarios you're pushing.

After just one post from falllling I realized I should have made this thread a self-moderated thread. Wink

Oh well. I was just trying to get an intellectual discussion going on how a fund like GABI could be a game changer.

Does anyone have any ideas as to how the Second Market Fund, even though smaller than this one is expected to be, boosted the price? Was it opened before the run in November? I will have to do some research on that. . .

Edit: Just looked into when the Second Market fund opened and it was at the end of September! So I think had an influence on the last bubble for sure. I think things are going to get crazy in the next few weeks.

Sorry I meant to add input to this and not just point out failings further absurdities. I think the hedgefund is going to be big, but I think it's been in the works long enough that big fish already got wind of the situation, and that is the reason for the market manipulation a we've seen where there are 1000-1500btc dumps aimed at causing panic in an otherwise healthy market. Bitcoin doesn't react to FUD these days, so the powers behind the shadows have to physically move the market to get people scared. Unfortunately the trading bots exaggerate the slippage and this has been keeping the consolidation period going. But basically the entire thing is happening because someone big wants in. I suspect multiple people are working together towards a mutal goal of causing orchestrated panic to keep a price ceiling in place while they work to position themselves better without causing a panic buying event. These are the kind of people who want to buy 50000 btc without any price slippage. That's a tough goal but what if you could pay your friends who have substantial market moving abilities to dump a few thousand coins and then buy back in lower? And do it over and over? To me this market manipulation is actually bullish, because it tells me smart money wants in, but they're doing it in a clinical and organized way to remain quiet. That means smart money believes in bitcoin, and they're smart Cheesy

so that's why I think the fund hasn't caused a rise. I think last time there were two bear traps before the fire works, so why not this time?

Bios Optimus

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I'm not lying on anything. You just said that 5 million in cash outs is nothing compared to 200 million in investment. That is a lie. Making you a liar. A liar who can't speak or spell properly, which totally helps your credibility btw Roll Eyes

you also said the hedgefund is just not going to happen, due to some nonexistent market crash you've been ranting about since your first post, but guess what? It is happening. That's why they did a press release and got the fund approved and are launching it. You can't just make that shit up, it's illegal, even on jersey isle. So, so far, that's two lies you've said in this thread alone, that contradict each other. If you're going to troll and act stupid, at least make up your mind about what rediculous fictitious scenarios you're pushing.

After just one post from falllling I realized I should have made this thread a self-moderated thread. Wink

Oh well. I was just trying to get an intellectual discussion going on how a fund like GABI could be a game changer.

Does anyone have any ideas as to how the Second Market Fund, even though smaller than this one is expected to be, boosted the price? Was it opened before the run in November? I will have to do some research on that. . .

Edit: Just looked into when the Second Market fund opened and it was at the end of September! So I think had an influence on the last bubble for sure. I think things are going to get crazy in the next few weeks.

I put him on ignore loooong ago.

fonsie

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I'm not lying on anything. You just said that 5 million in cash outs is nothing compared to 200 million in investment. That is a lie. Making you a liar. A liar who can't speak or spell properly, which totally helps your credibility btw Roll Eyes

you also said the hedgefund is just not going to happen, due to some nonexistent market crash you've been ranting about since your first post, but guess what? It is happening. That's why they did a press release and got the fund approved and are launching it. You can't just make that shit up, it's illegal, even on jersey isle. So, so far, that's two lies you've said in this thread alone, that contradict each other. If you're going to troll and act stupid, at least make up your mind about what rediculous fictitious scenarios you're pushing.

We might have to consider that fallling is what? Probably 12/13 years old, has/had invested some 150$ pocket money... Ofcourse he is trembling on his legs when it drops a dollar. He's also too young to understand how the grownups-world works, that's also going to be the reason why he'll still have 150$ or less on his 18 birthday.

BitChick

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Quote from: maker88 on July 28, 2014, 06:40:23 AM

I'm not lying on anything. You just said that 5 million in cash outs is nothing compared to 200 million in investment. That is a lie. Making you a liar. A liar who can't speak or spell properly, which totally helps your credibility btw Roll Eyes

you also said the hedgefund is just not going to happen, due to some nonexistent market crash you've been ranting about since your first post, but guess what? It is happening. That's why they did a press release and got the fund approved and are launching it. You can't just make that shit up, it's illegal, even on jersey isle. So, so far, that's two lies you've said in this thread alone, that contradict each other. If you're going to troll and act stupid, at least make up your mind about what rediculous fictitious scenarios you're pushing.

After just one post from falllling I realized I should have made this thread a self-moderated thread. Wink

Oh well. I was just trying to get an intellectual discussion going on how a fund like GABI could be a game changer.

Does anyone have any ideas as to how the Second Market Fund, even though smaller than this one is expected to be, boosted the price? Was it opened before the run in November? I will have to do some research on that. . .

Edit: Just looked into when the Second Market fund opened and it was at the end of September! So I think had an influence on the last bubble for sure. I think things are going to get crazy in the next few weeks.

maker88

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Activity: 336

Merit: 250

I'm not lying on anything. You just said that 5 million in cash outs is nothing compared to 200 million in investment. That is a lie. Making you a liar. A liar who can't speak or spell properly, which totally helps your credibility btw Roll Eyes

you also said the hedgefund is just not going to happen, due to some nonexistent market crash you've been ranting about since your first post, but guess what? It is happening. That's why they did a press release and got the fund approved and are launching it. You can't just make that shit up, it's illegal, even on jersey isle. So, so far, that's two lies you've said in this thread alone, that contradict each other. If you're going to troll and act stupid, at least make up your mind about what rediculous fictitious scenarios you're pushing.

falllling

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my thoughts are that were not the only ones aware of this event, and whales are at their old price manipulation game to collect more coins in preparation of the event. they dump medium-small chunks of coins to cause a price drop, all the retards like failing follow suite to get it even lower, and the big guys buy back in at a lower price, then they just repeat the process. its been happening for months.

failing thinks the less than a million dollars of missing coins outweighs the importance of hundreds of millions of fresh money being invested, so that just shows you how much you should listen to him Roll Eyes

i gotta say the only reason i haven't put that little bitch on ignore is i get such a laugh out of how he talks like yoda.

Quote from: falllling on July 28, 2014, 12:03:05 AM

Quote from: falllling on July 27, 2014, 11:44:38 PM

Quote from: falllling on July 28, 2014, 12:03:05 AM

So in just 5 days we have the largest fund to date opening, the GABI or Global Advisors Bitcoin Investment fund

see: http://www.globaladvisors.co.uk/

Although similar to Second Market, this fund will be at an even larger scale. They have been silent on where the coins are coming from and how many they may already have but I had read at one point that $200M was expected to be invested in the first 6 months. (this was on a Newsweek article but that part appears to have been taken out now.)

I would think that since we are on the brink of this happening in a few days that some panic buying would already be taking place but instead we have some dumpers. This seems crazy to me.

Thoughts?

get rich quick won't happen !
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

But we are talking about a $200 million investment here. At even $1000 per coin that would be 200,000 coins. Maybe they can get some off an exchange or already have but if not there is no way the price can stay this low, even with these people that are trying to sell coins. Plus, as the price rises even slightly more people will want coins and the demand will increase even more.

$200 million is nothing compare to this huge cashing out, that's why people lost hopes and still dumping even now.
besides these money might stop getting in when they realize the situation

200 million > 5.5 million. learn math you fucking moron.

200m is not going to join during the market crash, so 1200k dump will just kill the bitcoin, now face the market crash, you stupid liar

maker88

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Activity: 336

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my thoughts are that were not the only ones aware of this event, and whales are at their old price manipulation game to collect more coins in preparation of the event. they dump medium-small chunks of coins to cause a price drop, all the retards like failing follow suite to get it even lower, and the big guys buy back in at a lower price, then they just repeat the process. its been happening for months.

failing thinks the less than a million dollars of missing coins outweighs the importance of hundreds of millions of fresh money being invested, so that just shows you how much you should listen to him Roll Eyes

i gotta say the only reason i haven't put that little bitch on ignore is i get such a laugh out of how he talks like yoda.

Quote from: falllling on July 27, 2014, 11:44:38 PM

Quote from: fonzie on July 28, 2014, 02:38:22 AM

So in just 5 days we have the largest fund to date opening, the GABI or Global Advisors Bitcoin Investment fund

see: http://www.globaladvisors.co.uk/

Although similar to Second Market, this fund will be at an even larger scale. They have been silent on where the coins are coming from and how many they may already have but I had read at one point that $200M was expected to be invested in the first 6 months. (this was on a Newsweek article but that part appears to have been taken out now.)

I would think that since we are on the brink of this happening in a few days that some panic buying would already be taking place but instead we have some dumpers. This seems crazy to me.

Thoughts?

get rich quick won't happen !
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

But we are talking about a $200 million investment here. At even $1000 per coin that would be 200,000 coins. Maybe they can get some off an exchange or already have but if not there is no way the price can stay this low, even with these people that are trying to sell coins. Plus, as the price rises even slightly more people will want coins and the demand will increase even more.

$200 million is nothing compare to this huge cashing out, that's why people lost hopes and still dumping even now.
besides these money might stop getting in when they realize the situation

200 million > 5.5 million. learn math you fucking moron.

spiderbrain

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Well, one falllling on ignore later, yes, I think it will increase the price, but at the moment we have a lot of get-rich-quick people losing hope and selling "while they have the chance!". Good bye, whatever. This is a multiyear game as bitcoin takes its inevitable place in the economy. Granted this panic might take the price quite a bit lower, but because I don't know that for certain, I'm holding on to my bitcoins. I learnt my lesson waiting for bitcoin to drop down from $12 before i bought back in... never happened. I am too afraid to sell.

falllling

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Activity: 112

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Quote from: falllling on July 28, 2014, 02:34:45 AM

Quote from: falllling on July 28, 2014, 12:21:08 AM

Quote from: falllling on July 28, 2014, 12:03:05 AM

Quote from: falllling on July 27, 2014, 11:44:38 PM

Quote from: kryptopojken on July 28, 2014, 02:37:30 AM

So in just 5 days we have the largest fund to date opening, the GABI or Global Advisors Bitcoin Investment fund

see: http://www.globaladvisors.co.uk/

Although similar to Second Market, this fund will be at an even larger scale. They have been silent on where the coins are coming from and how many they may already have but I had read at one point that $200M was expected to be invested in the first 6 months. (this was on a Newsweek article but that part appears to have been taken out now.)

I would think that since we are on the brink of this happening in a few days that some panic buying would already be taking place but instead we have some dumpers. This seems crazy to me.

Thoughts?

get rich quick won't happen !
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

But we are talking about a $200 million investment here. At even $1000 per coin that would be 200,000 coins. Maybe they can get some off an exchange or already have but if not there is no way the price can stay this low, even with these people that are trying to sell coins. Plus, as the price rises even slightly more people will want coins and the demand will increase even more.

$200 million is nothing compare to this huge cashing out, that's why people lost hopes and still dumping even now.
beside these money might stop getting in when they realize the situation

fallling - put your money where your mouth is. I will bet you $6000 that BTC is worth over $700 on Jan 1st 2015.

If you don't accept it's because either you are broke and don't know the first thing about making money or your just a bull in bears clothing, trying to get cheaper coins.

Take the bet. Or be exposed.

you are free to buy all those "cheap" coins on the current market and make $$$ for yourself if you do believe what you said

Exposed. Fraud.

how comes? you suddently don't want those "cheap" coins any more but encourage someone else to buy? a lying bear exposed

Don´t take him seriously, windjc is one of most well known trolls in here. Keep up the good work falllin!

agree, he better starts to cut lose

falllling

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Activity: 112

Merit: 10

Quote from: falllling on July 28, 2014, 02:34:45 AM

Quote from: falllling on July 28, 2014, 12:21:08 AM

Quote from: falllling on July 28, 2014, 12:03:05 AM

Quote from: falllling on July 27, 2014, 11:44:38 PM

Quote from: falllling on July 28, 2014, 02:34:45 AM

So in just 5 days we have the largest fund to date opening, the GABI or Global Advisors Bitcoin Investment fund

see: http://www.globaladvisors.co.uk/

Although similar to Second Market, this fund will be at an even larger scale. They have been silent on where the coins are coming from and how many they may already have but I had read at one point that $200M was expected to be invested in the first 6 months. (this was on a Newsweek article but that part appears to have been taken out now.)

I would think that since we are on the brink of this happening in a few days that some panic buying would already be taking place but instead we have some dumpers. This seems crazy to me.

Thoughts?

get rich quick won't happen !
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

But we are talking about a $200 million investment here. At even $1000 per coin that would be 200,000 coins. Maybe they can get some off an exchange or already have but if not there is no way the price can stay this low, even with these people that are trying to sell coins. Plus, as the price rises even slightly more people will want coins and the demand will increase even more.

$200 million is nothing compare to this huge cashing out, that's why people lost hopes and still dumping even now.
beside these money might stop getting in when they realize the situation

fallling - put your money where your mouth is. I will bet you $6000 that BTC is worth over $700 on Jan 1st 2015.

If you don't accept it's because either you are broke and don't know the first thing about making money or your just a bull in bears clothing, trying to get cheaper coins.

Take the bet. Or be exposed.

you are free to buy all those "cheap" coins on the current market and make $$$ for yourself if you do believe what you said

Exposed. Fraud.

how comes? you suddently don't want those "cheap" coins any more but encourage someone else to buy? a lying bear exposed

YOU STUPID FKN IDIOT HE ALREADY HAS A TON OF COINS HE JUST WANTS YOU TO STOP TALKING SH*T AND PUT YOUR NON-EXISTANT MOTHERFU*KIN MONEY WHERE YOUR ENORMOUS MOTHERFU*KIN MOUTH IS

i guess he has gotten stuck in those coins and wanna dump his bag very much now, so he is probably talking bull but dumping his at behind
it seems like you are mad about the market crashing, you should have listened to me and sell when it was $62x, now it's your last chance to cut lose or you will be another bag holder

fonzie

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Quote from: falllling on July 28, 2014, 12:21:08 AM

Quote from: falllling on July 28, 2014, 12:03:05 AM

Quote from: falllling on July 27, 2014, 11:44:38 PM

Quote from: falllling on July 28, 2014, 02:34:45 AM

So in just 5 days we have the largest fund to date opening, the GABI or Global Advisors Bitcoin Investment fund

see: http://www.globaladvisors.co.uk/

Although similar to Second Market, this fund will be at an even larger scale. They have been silent on where the coins are coming from and how many they may already have but I had read at one point that $200M was expected to be invested in the first 6 months. (this was on a Newsweek article but that part appears to have been taken out now.)

I would think that since we are on the brink of this happening in a few days that some panic buying would already be taking place but instead we have some dumpers. This seems crazy to me.

Thoughts?

get rich quick won't happen !
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

But we are talking about a $200 million investment here. At even $1000 per coin that would be 200,000 coins. Maybe they can get some off an exchange or already have but if not there is no way the price can stay this low, even with these people that are trying to sell coins. Plus, as the price rises even slightly more people will want coins and the demand will increase even more.

$200 million is nothing compare to this huge cashing out, that's why people lost hopes and still dumping even now.
beside these money might stop getting in when they realize the situation

fallling - put your money where your mouth is. I will bet you $6000 that BTC is worth over $700 on Jan 1st 2015.

If you don't accept it's because either you are broke and don't know the first thing about making money or your just a bull in bears clothing, trying to get cheaper coins.

Take the bet. Or be exposed.

you are free to buy all those "cheap" coins on the current market and make $$$ for yourself if you do believe what you said

Exposed. Fraud.

how comes? you suddently don't want those "cheap" coins any more but encourage someone else to buy? a lying bear exposed

Don´t take him seriously, windjc is one of most well known trolls in here. Keep up the good work falllin!

kryptopojken

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Activity: 767

Merit: 532

Quote from: falllling on July 28, 2014, 12:21:08 AM

Quote from: falllling on July 28, 2014, 12:03:05 AM

Quote from: falllling on July 27, 2014, 11:44:38 PM

So in just 5 days we have the largest fund to date opening, the GABI or Global Advisors Bitcoin Investment fund

see: http://www.globaladvisors.co.uk/

Although similar to Second Market, this fund will be at an even larger scale. They have been silent on where the coins are coming from and how many they may already have but I had read at one point that $200M was expected to be invested in the first 6 months. (this was on a Newsweek article but that part appears to have been taken out now.)

I would think that since we are on the brink of this happening in a few days that some panic buying would already be taking place but instead we have some dumpers. This seems crazy to me.

Thoughts?

get rich quick won't happen !
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

But we are talking about a $200 million investment here. At even $1000 per coin that would be 200,000 coins. Maybe they can get some off an exchange or already have but if not there is no way the price can stay this low, even with these people that are trying to sell coins. Plus, as the price rises even slightly more people will want coins and the demand will increase even more.

$200 million is nothing compare to this huge cashing out, that's why people lost hopes and still dumping even now.
beside these money might stop getting in when they realize the situation

fallling - put your money where your mouth is. I will bet you $6000 that BTC is worth over $700 on Jan 1st 2015.

If you don't accept it's because either you are broke and don't know the first thing about making money or your just a bull in bears clothing, trying to get cheaper coins.

Take the bet. Or be exposed.

you are free to buy all those "cheap" coins on the current market and make $$$ for yourself if you do believe what you said

Exposed. Fraud.

how comes? you suddently don't want those "cheap" coins any more but encourage someone else to buy? a lying bear exposed

YOU STUPID FKN IDIOT HE ALREADY HAS A TON OF COINS HE JUST WANTS YOU TO STOP TALKING SH*T AND PUT YOUR NON-EXISTANT MOTHERFU*KIN MONEY WHERE YOUR ENORMOUS MOTHERFU*KIN MOUTH IS

falllling

member

Activity: 112

Merit: 10

Quote from: falllling on July 28, 2014, 12:21:08 AM

Quote from: falllling on July 28, 2014, 12:03:05 AM

Quote from: falllling on July 27, 2014, 11:44:38 PM

Quote from: falllling on July 28, 2014, 12:21:08 AM

So in just 5 days we have the largest fund to date opening, the GABI or Global Advisors Bitcoin Investment fund

see: http://www.globaladvisors.co.uk/

Although similar to Second Market, this fund will be at an even larger scale. They have been silent on where the coins are coming from and how many they may already have but I had read at one point that $200M was expected to be invested in the first 6 months. (this was on a Newsweek article but that part appears to have been taken out now.)

I would think that since we are on the brink of this happening in a few days that some panic buying would already be taking place but instead we have some dumpers. This seems crazy to me.

Thoughts?

get rich quick won't happen !
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

But we are talking about a $200 million investment here. At even $1000 per coin that would be 200,000 coins. Maybe they can get some off an exchange or already have but if not there is no way the price can stay this low, even with these people that are trying to sell coins. Plus, as the price rises even slightly more people will want coins and the demand will increase even more.

$200 million is nothing compare to this huge cashing out, that's why people lost hopes and still dumping even now.
beside these money might stop getting in when they realize the situation

fallling - put your money where your mouth is. I will bet you $6000 that BTC is worth over $700 on Jan 1st 2015.

If you don't accept it's because either you are broke and don't know the first thing about making money or your just a bull in bears clothing, trying to get cheaper coins.

Take the bet. Or be exposed.

you are free to buy all those "cheap" coins on the current market and make $$$ for yourself if you do believe what you said

Exposed. Fraud.

how comes? you suddently don't want those "cheap" coins any more but encourage someone else to buy? a lying bear exposed

windjc

legendary

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Quote from: falllling on July 28, 2014, 12:03:05 AM

Quote from: falllling on July 27, 2014, 11:44:38 PM