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Author Topic: Buying coalition for Sunday, April 28th - Butterfly Experiment  (Read 2947 times)
wobber (OP)
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April 21, 2013, 12:01:09 AM
Last edit: April 21, 2013, 05:37:18 AM by wobber
 #1

Is anyone willing to buy just one coin, at the same time with me, just to experiment?

The only rule is 1 btc. Not 0.1 increments. I want to see that little butterfly triggering a hurrincane Tongue

I do not ask anyone to join, I just want to know if there is any trader that might want to make a coalition. You then can sell any time (yea, even next second).

If 7 more people are in, I'll disclose the hour for Sunday April 27th. So far myself and 2 friends.

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Kazu
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April 21, 2013, 12:04:00 AM
 #2

Is anyone willing to buy just one coin, at the same time with me, just to experiment?

The only rule is 1 btc. Not 0.1 increments. I want to see that little butterfly triggering a hurrincane Tongue

I do not ask anyone to join, I just want to know if there is any trader that might want to make a coalition. You then can sell any time (yea, even next second).

If 7 more people are in, I'll disclose the hour for Sunday. So far myself and 2 friends.

I don't have any Gox money. If I would, I'd totally join. Is it worth selling just to get in at the same time as you?

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April 21, 2013, 12:05:21 AM
 #3

I'd have to sell first, then count on it to drop so that I could afford to buy it back. Smiley

wobber (OP)
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April 21, 2013, 12:06:21 AM
 #4

Is anyone willing to buy just one coin, at the same time with me, just to experiment?

The only rule is 1 btc. Not 0.1 increments. I want to see that little butterfly triggering a hurrincane Tongue

I do not ask anyone to join, I just want to know if there is any trader that might want to make a coalition. You then can sell any time (yea, even next second).

If 7 more people are in, I'll disclose the hour for Sunday. So far myself and 2 friends.

I don't have any Gox money. If I would, I'd totally join. Is it worth selling just to get in at the same time as you?

Thanks Kazu, no, please don't sell, maybe you'll have to buy higher. I'll wait for others.

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April 21, 2013, 12:07:08 AM
 #5

Hey y'all, how'd you like to buy a Bitcoin?  Cheesy

wobber (OP)
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April 21, 2013, 12:08:52 AM
 #6

Nice, but you are making me look the man selling the bitcoin...

I'm just asking the people that are willing to buy regardless...

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April 21, 2013, 12:11:41 AM
 #7

Sorry, that just did fit too well. Wink
wobber (OP)
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April 21, 2013, 12:13:14 AM
 #8

Sorry, that just did fit too well. Wink

Yes, it was funny.

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Kazu
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April 21, 2013, 12:13:52 AM
 #9

Delay the "coalition" one week and next week's wire would have probably come in Smiley

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wobber (OP)
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April 21, 2013, 12:14:55 AM
 #10

Delay the "coalition" one week and next week's wire would have probably come in Smiley

AGREED!

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April 21, 2013, 12:19:35 AM
 #11

Delay the "coalition" one week and next week's wire would have probably come in Smiley

If there is no "price correction" in the next couple days, next week price of a BTC could pass $160
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April 21, 2013, 12:21:49 AM
 #12

Delay the "coalition" one week and next week's wire would have probably come in Smiley

If there is no "price correction" in the next couple days, next week price of a BTC could pass $160


I know, thats why I'm screwed.

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wobber (OP)
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April 21, 2013, 12:27:39 AM
 #13

It was a mistake for my part to ask for tomorrow so will remain for next week.

My advice is not to buy for this experiment, only if you really want to participate. Otherwise just buy if you really plan to trade on that day.

I will disclose the hour of that day after I get 10 people in. You can PM me if you want to be anonymous or something.

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Kazu
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April 21, 2013, 12:59:51 AM
 #14

I already have proposed this, but since this seems to be an "organized buying" thread, I figure its worth another shot.



This is just an idea of a way a group could potentially help stabilize bitcoin rather than following the usual volatility-inducing day-trading techniques.


A "slope" would be created as described following a supply line as displayed, such that the total amount in the amount being traded is equal to the "excess supply" (i.e, red shaded regions) before the slope. Note the next "excess supply" after the original (i.e, the red shaded region near $150) A "floor" is created 1 cent below a natural support level. If the price hits the floor, you buy and fill in the asks to meet the slope (I.e, slowly fill in the green regions below slope). When the buffer region (the green region before wall) exceeds total excess supply, the floor is repositioned.

Just wondering if anybody thinks this is a good idea.

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wobber (OP)
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April 21, 2013, 02:56:05 AM
 #15

It's a great idea.

Individuals fail. Teams prevail.

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April 21, 2013, 03:03:18 AM
 #16

I'm in.

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wobber (OP)
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April 21, 2013, 03:18:29 AM
 #17

I'm in.

Great. Please popularize, if you know others interested.

I also think we could have competition, organized groups that will sell maybe 2 BTC to distrupt us Tongue

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wobber (OP)
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April 21, 2013, 05:18:04 AM
 #18

Time is 1pm GMT.


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April 21, 2013, 05:30:05 AM
 #19

I'm in.

Great. Please popularize, if you know others interested.

I also think we could have competition, organized groups that will sell maybe 2 BTC to distrupt us Tongue
That would make it even more difficult to judge what just happened ôo
(Maybe people will do it anyway)
Sadly I have no account at Gox.
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April 21, 2013, 05:35:19 AM
 #20

I'm in. But this is because April 27th 2013 is a Saturday.

I'm buying 1 BTC on Sunday, April 27th, 2014.
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