Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[1715455323]

1715455323

[1715455323]

1715455323

[derpinheimer]

Someones testing the walls... haven't been pulled yet; 200 eaten

[Davyd05]

I can see it hitting for 457 - 460 .. but again that is only to create panic. So someone can accumulate coins... imagine if your just sitting on coins and fiat from the last bubble.. trying to lower your abp and acquire more coins.. must be an awesome job.

[derpinheimer]

Seems like stupid and unnecessary risk. Anyone who believes $450 is a good price should believe $500 is too. That is why I doubt this is a manipulative push down.. *But it very well may be.

[JimboToronto]

He looks like he has a potato for a head

[oda.krell]

...

I bought a castle because I understood the content of the OP last year. Now, even though there is much more evidence that it is true, and this is a Bitcoin forum, and the text is freely available for all, still many people not only refuse to believe it, but actually ridicule me!

You couldn't make this shit up, even if you tried.

Well. He's one of the most entertaining posters in here, I give him that.

[Newbie1022]

...

I bought a castle because I understood the content of the OP last year. Now, even though there is much more evidence that it is true, and this is a Bitcoin forum, and the text is freely available for all, still many people not only refuse to believe it, but actually ridicule me!

You couldn't make this shit up, even if you tried.

Well. He's one of the most entertaining posters in here, I give him that.

Reminds of the real estate salesman programs.

[empowering]

Isn't GABI supposed to be investing billions of dollars into bitcoin right now?

Does anyone know whether the Jersey regulations require that full status reports and/or independent audits of investment funds to be published periodically?  Or will those reports be available only to investors?

/\ CLICK ON THE LINK TO MY POSTING (September 01, 2014, 11:32:32 AM) /\  There is a link nearer the bottom for the regulations in question, and more info on the guys running it and the partners involved etc, GABI comes under the "Collective Investment Funds (Jersey) Law 1998"  and is listed as an "expert fund"

FOR YOUR PERUSAL..  

(I thought that it would be up your street Jorge)

[iram3130]

Seems like stupid and unnecessary risk. Anyone who believes $450 is a good price should believe $500 is too. That is why I doubt this is a manipulative push down.. *But it very well may be.

I also believe this time, buying now is really risky now, we have to see where we will goins.
But I am not feeling comfortable these days holding or buying coins.

[grappa_barricata]

I heard a rumor that GABI want to invest a zillion Zimbabwe dollars, if they manage to find a Cessna to carry the banknote to Jersey Island. Their fund manager is one Mr. Ciccio Pasticcio, of renowned fame because he can light a cigar with a lighter and a fart.

[windjc]

I heard a rumor that GABI want to invest a zillion Zimbabwe dollars, if they manage to find a Cessna to carry the banknote to Jersey Island. Their fund manager is one Mr. Ciccio Pasticcio, of renowned fame because he can light a cigar with a lighter and a fart.

Why the fuck is everyone making fun of GABI? First of all, if they started taking investment money yesterday - that money has to be sent, received, processed and THEN it can be used to buy bitcoins - whenever the fund DECIDES to make that investment. Even with SecondMarket is wasn't immediate.

So we won't know the effects of that fund for quite some time, imo. For these factors AND because I am sure some investors are saying to themselves, lets see how far down this market goes before I send my funds to invest.

When SecondMarket came online, we were already in an uptrend for a couple of months. Then it escalated quickly and a lot of money chased bitcoin right into the fund.

GABI is coming online in a down trend. Chances are, its not going to grow as fast in the beginning. When the day comes we are in an uptrend again for a few months, then Id expect GABI's liquidity to increase greatly.

[empowering]

Isn't GABI supposed to be investing billions of dollars into bitcoin right now?

Does anyone know whether the Jersey regulations require that full status reports and/or independent audits of investment funds to be published periodically?  Or will those reports be available only to investors?

To answer your question  as it does not really say too much about audting and reporting in the collective investment funds (Jersey) law 1998  link, however I believe I can answer your question anyway

For recognized funds (I believe that Expert funds are the same in terms of reporting requirements) the annual and half-yearly audited financial statements and portfolio statements and reports prescribed by the RF Order must be made available to investors and sent out within:

four months of the relevant period’s end in the case of an
annual report.

two months of the periods end in the case of a semi-annual
report

(An unregulated fund which is a company must send
annual audited financial statements to investors and file them
with the Commission)

+


https://www.jerseyfsc.org/registry/documentsearch/NameDetail.aspx?Id=297268

Name:   GLOBAL ADVISORS BITCOIN INVESTMENT FUND PLC
Registered Office:   Ground Floor Liberation House Castle Street St Helier Jersey JE2 3AT
Registration number:   115205
Registration date:   12-Mar-2014
Year End:   30-Jun
Law:   Companies (Jersey) Law 1991
Business Code:   RCP
Business Type:   RCP - Registered Public Company
Status:   Live


Public companies must file with the Registrar of Companies a signed copy of the accounts for each
financial period together with a copy of the report thereon by the auditors

[empowering]

I heard a rumor that GABI want to invest a zillion Zimbabwe dollars, if they manage to find a Cessna to carry the banknote to Jersey Island. Their fund manager is one Mr. Ciccio Pasticcio, of renowned fame because he can light a cigar with a lighter and a fart.

Why the fuck is everyone making fun of GABI? First of all, if they started taking investment money yesterday - that money has to be sent, received, processed and THEN it can be used to buy bitcoins - whenever the fund DECIDES to make that investment. Even with SecondMarket is wasn't immediate.

So we won't know the effects of that fund for quite some time, imo. For these factors AND because I am sure some investors are saying to themselves, lets see how far down this market goes before I send my funds to invest.

When SecondMarket came online, we were already in an uptrend for a couple of months. Then it escalated quickly and a lot of money chased bitcoin right into the fund.

GABI is coming online in a down trend. Chances are, its not going to grow as fast in the beginning. When the day comes we are in an uptrend again for a few months, then Id expect GABI's liquidity to increase greatly.

I think Masters & co already know where their $ investors are coming from, most of them anyway,  and most likely have their ducks in a row...  

[ChartBuddy]

Explanation

[billyjoeallen]

Where's these $15 bitcoins Professor Bitcorn promised us? I've had my buy order in since July! What gives?

[JimboToronto]

Where's these $15 bitcoins Professor Bitcorn promised us? I've had my buy order in since July! What gives?

What? You bid $15 for $10 bitcoins? 

[grappa_barricata]

Why the fuck is everyone making fun of GABI?

In my case, it is because they just said "we expect N millions in the first year" or something to that effect. For what i know, they can be 3 20-something in a 100 bucks a month office, rolling thumbs and wishing a lot.

That being said, i'm bullish short, medium and long term

[empowering]

Why the fuck is everyone making fun of GABI?

In my case, it is because they just said "we expect N millions in the first year" or something to that effect. For what i know, they can be 3 20-something in a 100 bucks a month office, rolling thumbs and wishing a lot.

That being said, i'm bullish short, medium and long term

? but it is not hard to find out who is behind the fund... and their history.. I have even posted it here 3 times in the past two days.... C.Vs, Bios, contact details, past experience, the lot...  they are far from three 20 year olds... impressive team.. and impressive partners.... regulated fund with some oversight.... is quite interesting.. and also , connected to the nines ... they know already where the money $200 mill approx is coming from imo...and they most likely already have it..

besides it is not just a Bitcoin fund as they clearly state

These guys are pro's .... not just a bunch of guys on reddit... and they are operating in a very interesting neck of the woods...

Edit (Global Advisors Jersey already trade around 2bn in energy and equities +)
Edit (Also ... they are going to open a "US" "companion fund" I do believe)

here is the link again : (not the empty box the date)

[empowering]

Why the fuck is everyone making fun of GABI?

They are probably just another front for JPMorgan (like the Fed is) that want to make crazy money shorting bitcoin into the dirt ... people wanted Wall St. in Bitcoin ... well here they are kids, what do you think now? Want 6 more months of short manipulation by the best bots dollars can buy?

Hmmm I think it is more Blythe (Masters)  , Daniels ex wife that you would want to be concerned about in that respect  

(somebody say silver?)

[grappa_barricata]

Thanks for the research, they are indeed pro. Maybe too pro  
But can they light a cigar with a lighter and a fart? I don't think so. This art maybe is lost forever.