knight22 (OP)
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--------------->¿?
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September 23, 2014, 12:19:16 AM |
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Open up the flood gates  http://www.futuresmag.com/2014/09/22/bitcoin-fund-launchesWe timed our entry to the bitcoin market accordingly. We believe the resulting entry point represents an opportune moment to initiate our first round of capital deployment. GABI will now be open for additional subscriptions on a monthly cycle and we look forward to building our liquidity profile with top class providers and growing our bitcoin portfolio. |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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maker88
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September 23, 2014, 12:21:35 AM |
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Open up the flood gates http://www.futuresmag.com/2014/09/22/bitcoin-fund-launchesWe timed our entry to the bitcoin market accordingly. We believe the resulting entry point represents an opportune moment to initiate our first round of capital deployment. GABI will now be open for additional subscriptions on a monthly cycle and we look forward to building our liquidity profile with top class providers and growing our bitcoin portfolio. and I'm sure they had nothing to do with the 20% drop right before they put their on the books money in  either way I'm interested to see how this goes edit: after reading more it seems they'll be buying on exchanges. wow |
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spiderbrain
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September 23, 2014, 01:30:08 AM |
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GABI calls the bottom.
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twiifm
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September 23, 2014, 03:01:33 AM |
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And you believe them? Oldest hedgefund trick in the book
Accumulate. Positive PR. Hedge. Short. Negative PR. Accumulate again. Rinse and repeat
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spiderbrain
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September 23, 2014, 03:21:07 AM |
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And you believe them? Oldest hedgefund trick in the book
Fair enough. Does anyone know if there's a public address for them like second market? Would be interesting to see what they actually do. |
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Hunyadi
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☑ ♟ ☐ ♚
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September 23, 2014, 07:13:07 AM |
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▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
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Fabrizio89
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September 23, 2014, 07:22:30 AM |
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I don't even know what is this GABI. Is it something like an ETF?
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razorramon
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BILIBIT.IO -1st Decentralized Token in Philippines
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September 23, 2014, 07:51:22 AM |
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does this mean they transferred their fiat to digitalbtc and are waiting with the buying until their entry point is reached? (maybe date or price level?)
no actual buy happened yet?
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First Decentralized token in the philippines ♕ Community-driven crypto ecosystem♕ PRE-SALE Bilibit ☮ Intended to help People ☮ is now LIVE at Bilibit.io [ Twitter ] [ Facebook ] [ Telegram]
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zby
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September 23, 2014, 08:42:59 AM |
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Soon they'll have to announce at what price they've bought and that will be bad news.
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blatchcorn
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September 23, 2014, 08:55:39 AM |
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Soon they'll have to announce at what price they've bought and that will be bad news.
And they are probably not buying on exchanges either |
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semidead
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★Bitin.io★ - Instant Exchange
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September 23, 2014, 08:56:47 AM |
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There are more funds a;ready right? I don't think this is truly something entirely new.
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spiderbrain
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September 23, 2014, 10:29:52 AM |
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I don't even know what is this GABI. Is it something like an ETF?
First offshore banking sector bitcoin fund. http://www.globaladvisors.co.uk/ |
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spiderbrain
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September 23, 2014, 10:32:27 AM |
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And they are probably not buying on exchanges either
From the article "Bitfinex (Hong Kong) - Coinsetter (New York, USA) - have been approved by GABI's compliance department following an extensive due diligence process to make sure they fall within the operational limits imposed by our local regulator" |
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spiderbrain
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September 23, 2014, 10:34:00 AM |
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I don't mean to be pumping the GABI fund, but the offshore banking sector is one of the major areas that bitcoin can compete with, so it's nice to see some of the existing offshore sector realise this and try to get in on the action.
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ask
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September 23, 2014, 12:38:24 PM |
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Raystonn
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September 23, 2014, 04:33:49 PM |
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DigitalBTC has many options on how it gets those Bitcoins. But it is very heavy into mining contracts. So it's most likely these Bitcoins came straight from miners, relieving further selling pressure that would have been present if those Bitcoins had instead been sent to an exchange. For those looking for another spike down to signify the bottom, GABI most likely intersepted and absorbed it. The new direction is up. |
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greaterfool
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September 23, 2014, 06:12:17 PM |
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Whoah. GABI calls the bottom the day that Paypal announces three partnerships? Someone call the SEC, that's a little too closely correlated to not wonder if there was collusion or some shared information between parties (personal opinion). I just watched the price shoot from 400 to 420 over the last half hour, and volume is appearing out of nowhere... thank god I ate lunch in the office today  |
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Dexter770221
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September 23, 2014, 06:49:25 PM |
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And it hits 450 almost on all exchanges...
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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Biodom
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September 23, 2014, 09:25:50 PM
Last edit: September 23, 2014, 10:34:28 PM by Biodom |
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ha ha ha As the old Wall Street proverb goes...Buy on Rosh Hashana (or less than a day before ), sell on Yom Kippur (Oct 3-4) Bought a few yesterday at ~400. Nice. |
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