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Author Topic: [GLBSE] ABSORB - Emulating BTC/USD margin trading  (Read 4028 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!

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Meni Rosenfeld (OP)
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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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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 (OP)
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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.

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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 (OP)
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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.

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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 (OP)
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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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