GABI is here, price is lower

[Dalmar]

False. Sometimes one is forced to cash out some BTC even though they are very aware of the fact that bitcoin is massively undervalued at that moment.

Nobody is forced to do anything, they choose to sell. They are still bears who rather want fiat than btc at that moment.

[Hyena]

False. Sometimes one is forced to cash out some BTC even though they are very aware of the fact that bitcoin is massively undervalued at that moment.

Nobody is forced to do anything, they choose to sell. They are still bears who rather want fiat than btc at that moment.

So let's agree to disagree. You clearly have idealistic understanding of freedom.

edit:
Because I feel so sorry for your ignorance, I am forced to ask a rhetorical question --- does giving away free bitcoins make you a bear?

[Dalmar]

So let's agree to disagree. You clearly have idealistic understanding of freedom.

Sure..

Because I feel so sorry for your ignorance, I am forced to ask a rhetorical question --- does giving away free bitcoins make you a bear?

Obviously not, someone who is giving away bitcoins is not selling anything.

[Hyena]

So let's agree to disagree. You clearly have idealistic understanding of freedom.

Sure..

Because I feel so sorry for your ignorance, I am forced to ask a rhetorical question --- does giving away free bitcoins make you a bear?

Obviously not, someone who is giving away bitcoins is not selling anything.

False, someone who is giving away bitcoins is selling them at 0$ price. The question is --- if you're doing it OTC, will it make you a bear?

Buying or selling in hope of profit categorizes you as either a bull or bear. Doing it for any other reason requires a more complex debate to determine the trader's agenda. I have sold BTC OTC to a friend for the sake of friendly introduction. My agenda was to spread the word even though I wouldn't have sold into a market. I do not consider myself a bear for that action. Actually it was pretty painful selling because I was 99% sure that the price is much higher the next day and it was.

In chess, there's a notion of sacrifice. A rather mundane player would confuse it with stupidity (bearish in your case) but I believe it's easy to see that such sacrifice can occur to serve a polar ambition.

[Dalmar]

Agreed on that the terms 'bull' and 'bear' do not fully capture the nuances of bitcoin traders' agenda. However, since the vast majority of bitcoin trading consists of mere speculation, it's easy to assume that most who are selling are bona fide bears who think their fiat will probably be worth more in the near future than bitcoin. Hence, all the high volume bear traps we have seen over the years.

[mooncake]

GABI is a joke.

[janbrel]

GABI is a joke.

Is it even properly open yet?

[falllling]

GABI is a joke.

Is it even properly open yet?

guess they failed to raise funds, let alone $200 million dollars target

[ensurance982]

GABI is a joke.

Is it even properly open yet?

guess they failed to raise funds, let alone $200 million dollars target

Really? I can't seem to find a decent summary of the whole thing... What's actually the deal with the whole thing now? Can we call it 'failed' already or have the targets been too high? Maybe people also are waiting for the 'real deal' - COIN

[falllling]

GABI is a joke.

Is it even properly open yet?

guess they failed to raise funds, let alone $200 million dollars target

Really? I can't seem to find a decent summary of the whole thing... What's actually the deal with the whole thing now? Can we call it 'failed' already or have the targets been too high? Maybe people also are waiting for the 'real deal' - COIN

they could also short bitcoin with their limited fund, lets see if we will have more dumps on monday

[ensurance982]

GABI is a joke.

Is it even properly open yet?

guess they failed to raise funds, let alone $200 million dollars target

Really? I can't seem to find a decent summary of the whole thing... What's actually the deal with the whole thing now? Can we call it 'failed' already or have the targets been too high? Maybe people also are waiting for the 'real deal' - COIN

they could also short bitcoin with their limited fund, lets see if we will have more dumps on monday

I still don't really understand why they would want to short Bitcoin, at least not for an extended amount of time! Wouldn't it be more profitable for them to let the price grow afterwards? IN that case, we will go up eventually!

[falllling]

GABI is a joke.

Is it even properly open yet?

guess they failed to raise funds, let alone $200 million dollars target

Really? I can't seem to find a decent summary of the whole thing... What's actually the deal with the whole thing now? Can we call it 'failed' already or have the targets been too high? Maybe people also are waiting for the 'real deal' - COIN

they could also short bitcoin with their limited fund, lets see if we will have more dumps on monday

I still don't really understand why they would want to short Bitcoin, at least not for an extended amount of time! Wouldn't it be more profitable for them to let the price grow afterwards? IN that case, we will go up eventually!

they promised a good return to their investors it's either up or down has to be something
however the recent dead cat bounce we have is going to finish, so i think they are more likely to short

[uhoh]

Surely if it WAS only being used for speculation, then GABI would be doing quite well. Speculation is generally the whole point of an investment fund.

[clovex]

Price goes up all the time at the end of the day, when you look at the 10 year graph in 5 years it will be useless to worry about this.

[romerun]

all I know is, we shall see at least one rally before the next block reward halving

[Chuckee]

GABI is a joke.

Is it even properly open yet?

guess they failed to raise funds, let alone $200 million dollars target

And the only people surprised by this are the bull-tards in here. I'm not sure why they believe that investors were lining up to give their money to GABI to invest for them, when anyone has had the opportunity for years to invest in bitcoin if they wanted. It's more of that "magical thinking" that people here are so fond of.

[falllling]

GABI is a joke.

Is it even properly open yet?

guess they failed to raise funds, let alone $200 million dollars target

And the only people surprised by this are the bull-tards in here. I'm not sure why they believe that investors were lining up to give their money to GABI to invest for them, when anyone has had the opportunity for years to invest in bitcoin if they wanted. It's more of that "magical thinking" that people here are so fond of.

agreed