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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26527. (Read 26607651 times)

donator
Activity: 2772
Merit: 1019
So what will happen when GABI must buy the other initial BTC ? tomorrow they start trading

They start trading on 1. September. And 200mil $ is planned till end of the year (as far as I understood).

better buy them 200 millions worth of coins NOW. should result in more coins. maybe they have bought already?
sr. member
Activity: 381
Merit: 250
GABI buying.. nothing special i think, short term pump

OK.. so on the front of pure unsubstantiated speculation....

1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign:  " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.

So be it.  Wink

approximately $2MM bought in the last hour.. that's just 1% of GABI's expected (estimated) $200MM initial interest in the fund.

Sigg

So what will happen when GABI must buy the other initial BTC ? tomorrow they start trading

I read the fund actually opens for trading on 9/1 .. so not tomorrow, but next month....

Also, the $200MM figure is what the GABI administrators "estimate" as the initial interest..  so this isn't set in stone, and they are probably exagerating some.. but assuming they are close, that means they will be buying $200MM in the next 30 days...

doesn't take a math wiz to figure out what that will do to the price...

Sigg
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Oh noes! The price just fell below $605.

It's the big crash. Quick, everyone sell before we hit double digits.

 Smiley Wink Cheesy Grin Cool
donator
Activity: 2772
Merit: 1019
Can you believe there are still people selling?

Of course I can. We might all be a little overexcited maybe?

I can imagine many of the longs on bitfinex are relieved and closing them or reducing exposure.
hero member
Activity: 1526
Merit: 597
All those idiot sellers between 575 and 600 are pissing their pants now and wondering wtf just happened.

I know one! I know one, who did!

But forgot his name. Some "Shraam...", "Shruums.." or was it "Shreem.."
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
hero member
Activity: 707
Merit: 500
big Green dildo spotted - CCMF!!
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
we'll be at 640 by the end of the day!

CHOO CHOO

Let's shoot for $700.  Why not!? Wink

When we hit >700, even I'll be posting train photos and shouting "CCMF!!".  Lol.

Don't forget the moon rockets and ridiculous bear pix.  Cheesy
legendary
Activity: 1078
Merit: 1441
It doesn't look like we are in the clear yet to me..

No I thought we might be building up to breakout past  $600(+) about an hour ago , but it is looking like it is having a little wobble atm....

See how we are doing in 5 hrs or so...





and there it is.... nice...  lets see how it goes and if it holds over $600
hero member
Activity: 672
Merit: 500
Can you believe there are still people selling?
hero member
Activity: 601
Merit: 503
GABI buying.. nothing special i think, short term pump

OK.. so on the front of pure unsubstantiated speculation....

1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign:  " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.

So be it.  Wink

approximately $2MM bought in the last hour.. that's just 1% of GABI's expected (estimated) $200MM initial interest in the fund.

Sigg

So what will happen when GABI must buy the other initial BTC ? tomorrow they start trading
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner


oh stupid img blocking thing ...

the last hourly candle is like :  Huh Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked


legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 812
Merit: 1000
Bitcoin plz, i am not done buying yet.

It only takes one click of a mouse, what the hell you waiting for?

For fiat to arrive/to same trades to be fulfilled.
legendary
Activity: 3780
Merit: 5429
we'll be at 640 by the end of the day!

CHOO CHOO

Let's shoot for $700.  Why not!? Wink

When we hit >700, even I'll be posting train photos and shouting "CCMF!!".  Lol.
hero member
Activity: 742
Merit: 500
I have a nice long in profit sitting at Bitfinex that I can hold for a while, I would like it to be my first class ticket to the next bubble, that would be great Grin
legendary
Activity: 1148
Merit: 1001
we'll be at 640 by the end of the day!

CHOO CHOO

Let's shoot for $700.  Why not!? Wink
legendary
Activity: 1554
Merit: 1000
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