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Author Topic: [GLBSE] ABSORB - Emulating BTC/USD margin trading  (Read 3531 times)
farfiman
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June 15, 2012, 10:29:23 AM
 #21

it seems that whenever it hits 5.97  Meni sells a bunch ... Smiley

joking of couse!

"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
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Meni Rosenfeld
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June 15, 2012, 11:34:17 AM
 #22

it seems that whenever it hits 5.97  Meni sells a bunch ... Smiley
Really, I want it to hit $6 already so I can get it over with.

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Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
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June 15, 2012, 03:17:00 PM
 #23

it seems that whenever it hits 5.97  Meni sells a bunch ... Smiley
Really, I want it to hit $6 already so I can get it over with.

High: 6.00000 Smiley

Meni Rosenfeld
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June 15, 2012, 03:43:43 PM
 #24

it seems that whenever it hits 5.97  Meni sells a bunch ... Smiley
Really, I want it to hit $6 already so I can get it over with.

High: 6.00000 Smiley
Indeed. ABSORB.1.4-6.LONG has been triggered, and all bonds were bought back for 1 BTC each (the buyback feature worked like a charm on my end, I hope people actually got their coins).

Note that if the >=$6 trades are cancelled in the next few days, ABSORB.1.4-6.SHORT will still be eligible. If not they will be bought back for 0 or a token amount.

Winners may wish to consider reinvesting their earnings in a new long position via POLY.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
brendio
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June 15, 2012, 03:56:02 PM
 #25

I just earned 1.97 % in 2 minutes buying just before the buy back  Grin
That's 518320 % annualised! Cheesy

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June 15, 2012, 04:02:53 PM
 #26

Winners may wish to consider reinvesting their earnings in a new long position via POLY.
Sold out! Any plans to issue more? Or the short variety?

Meni Rosenfeld
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June 15, 2012, 04:05:54 PM
 #27

Winners may wish to consider reinvesting their earnings in a new long position via POLY.
Sold out! Any plans to issue more? Or the short variety?
Sure, all in due time.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
bitdragon
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June 15, 2012, 08:26:00 PM
 #28

Winners may wish to consider reinvesting their earnings in a new long position via POLY.

Indeed. I picked some up Smiley
Do you plan on having a bot on the Bid side too?

Meni Rosenfeld
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June 16, 2012, 05:44:04 PM
 #29

Winners may wish to consider reinvesting their earnings in a new long position via POLY.
Indeed. I picked some up Smiley
Do you plan on having a bot on the Bid side too?
The bot is also bidding, you'll notice there's always a bid for 50 bonds at the face value.

I'm the massive loser on this and would like to play again:) Thanks.
Soon there will be POLY.10.-2, which works differently but also allows you to take a short position.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
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