Adam Guerbuez claims some very big news is coming for Bitcoin this friday

[Wendigo]

Can someone say what was the annoucement because I was so busy today. Thanks in advance.

[Bagatell]

Taking a nap!?! Is that code?

Maybe he means the price is recharging for a rocketship to the moon?!?

[MakingMoneyHoney]

Can someone say what was the annoucement because I was so busy today. Thanks in advance.

If he was going to make the announcement on his twitter feed, he hasn't made it yet:

https://twitter.com/adamguerbuez

[cafucafucafu]

It's pretty obvious he is referring to a later in the day announcement.

[toknormal]

That news is a pinned item from December.

Although these hypster promotions are usually nonsense, there is one scenario that crossed my mind - albeit hypothetical and a bit of fun.

[1] - as I posted previously the only way this guy could have any inside info about anything and there be no other leaks is if he was contracted by some third party

[2] - circumstances suggest that him and the Winklevosses have a common interest (or enemy at least) in the form of Mark Zuckerberg. Winkees because of historical wrangles over Facebook IP and Guerbez because of his $837 million debt handed to him by Facebook lawyers. They may have struck up a trust relationship in the last few years.

[3] - the ETF launch price filed was $20.09 per share and one share corresponds to 0.2 BTC, so that values bitcoin at about $100 (The ETF filing was done so long ago that at that time the price seemed realistic)

[4] - there is therefore some reconciliation to be done. What are the implications of launching an ETF backed by an asset valued at 2-3 times the ETF marketcap ?

a) - the Winkies would have been effectively selling their BTC at a 65% discount (if we use the price just before the recent crash)

b) - if the ETF gets over-subscribed, it has to purchase more bitcoin to balance up the shares. There are only 1 million shares backed by 200,000 BTC, so if they all get bought quickly and there isn't enough time for the ETF share price to catch up with the Bitcoin market price then the Winkies would have to go and purchase new bitcoin at a massive premium over the ETF share price to balance up the fund

[5] - SOLUTION: Crash the market just prior to launch using only a small part of the ETF holdings. That helps in 2 ways:

   a) it starts to get the Bitcoin open market price into a range where the ETF can more easily couple with it (or more cheaply from the point of view of the fund)

   b) the fund can hoover up a load more coins on the way down to pre-empt an oversubscription, plus they can recoup their costs of crashing the market at the same time

[6] - then the question arises of why they'd contract this Guerbuez guy to whip up bullish sentiment in advance of any announcement. That could be to mitigate any scorched earth syndrome from the crash and also to help prepare the ground for a subsequent market rally after the announcement

Anyway, that's just the product of my over-active imagination as applied to this little piece of mysticism. If it's nonsense, at least I had some fun making it up. The Winkies could just adjust the share price prior to launch and that would blow my theory out of the water (on the other hand, maybe there's some problem with doing that, in which case...   )

More info..see this discussion from back in July: https://bitcointa.lk/threads/winklevoss-etf-will-list-on-nasdaq-as-coin.336604/page-2

Winkdex index on which ETF share price will be based: http://winkdex.com

[freequant]

So what's up? Did Adam Guerbuez already announce his upcoming pro-wrestling match with Market Karpeles?

[MakingMoneyHoney]

That news is a pinned item from December.

Although these hypster promotions are usually nonsense, there is one scenario that crossed my mind - albeit hypothetical and a bit of fun.

[1] - as I posted previously the only way this guy could have any inside info about anything and there be no other leaks is if he was contracted by some third party

[2] - circumstances suggest that him and the Winklevosses have a common interest (or enemy at least) in the form of Mark Zuckerberg. Winkees because of historical wrangles over Facebook IP and Guerbez because if his $837 million debt handed to him by Facebook lawyers. They may have struck up a trust relationship in the last few years.

[3] - the ETF launch price filed was $20.09 per share and one share corresponds to 0.2 BTC, so that values bitcoin at about $100 (The ETF filing was done so long ago that at that time the price seemed realistic)

[4] - there is therefore some reconciliation to be done. What are the implications of launching an ETF backed by an asset valued at 2-3 times the ETF marketcap ?

a) - the Winkies would have been effectively selling their BTC at a 65% discount (if we use the price just before the recent crash)

b) - if the ETF gets over-subscribed, it has to purchase more bitcoin to balance up the shares. There are only 1 million shares backed by 200,000 BTC, so if they all get bought quickly and there isn't enough time for the ETF share price to catch up with the Bitcoin market price then the Winkies would have to go and purchase new bitcoin at a massive premium over the ETF share price to balance up the fund

[5] - SOLUTION: Crash the market just prior to launch using only a small part of the ETF holdings. That helps in 2 ways:

   a) it starts to get the Bitcoin open market price into a range where the ETF can more easily couple with it (or more cheaply from the point of view of the fund)

   b) the fund can hoover up a load more coins on the way down to pre-empt an oversubscription, plus they can recoup their costs of crashing the market at the same time

[6] - then the question arises of why they'd contract this Guerbuez guy whip up bullish sentiment in advance of any announcement. That could be to mitigate any scorched earth syndrome from the crash and also to help prepare the ground for a subsequent market rally after the announcement

Anyway, that's just the product of my over-imagination as applied to this little piece of mysticism. If it's nonsense, at least I had some fun making it up. The Winkies could just adjust the share price prior to launch and that would blow my theory out of the water (on the other hand, maybe there's some problem with doing that, in which case...   )

Could be nothing, but that was interesting, I hadn't thought of the fact that he has FB in common with the Winklevosses.

[redsn0w]

So what's up? Did Adam Guerbuez already announce his upcoming pro-wrestling match with Market Karpeles?

This is the big news (and  now we are waiting to a big pump ) :

For someone that obviously eats as much as he does, I think you can expect a big dump everyday.

[tins]

So what's up? Did Adam Guerbuez already announce his upcoming pro-wrestling match with Market Karpeles?

This is the big news (and  now we are waiting to a big pump ) :

Or big selloff down to $100. 

[LFC_Bitcoin]

Can someone say what was the annoucement because I was so busy today. Thanks in advance.

If he was going to make the announcement on his twitter feed, he hasn't made it yet:

https://twitter.com/adamguerbuez

He's full of shit.
He's trolled us.

[gentlemand]

That news is a pinned item from December.

Could be nothing, but that was interesting, I hadn't thought of the fact that he has FB in common with the Winklevosses.

And the Winklevii aren't going to team up with a guy of that calibre, or total lack thereof, if they have any desire to be taken seriously.

[toknormal]

Could be nothing, but that was interesting, I hadn't thought of the fact that he has FB in common with the Winklevosses.

If they do know each other, it begs further speculation as to how far back they go.

The Guerbuez 'attack' on Facebook took place right at the height of the wrangle between the Winkees and Mark Zuckerberg, 2007-2008.

See:

http://www.pcworld.com/article/154429/aol_spam.html?null

http://gawker.com/5507651/facebook-wannabes-not-happy-with-65-million

http://news.bbc.co.uk/2/hi/technology/8596715.stm

As I say. It's all speculation, but if Guerbuez wants to leave everything to the imagination, he can't blame people for using their....imagination  

[MakingMoneyHoney]

Can someone say what was the annoucement because I was so busy today. Thanks in advance.

If he was going to make the announcement on his twitter feed, he hasn't made it yet:

https://twitter.com/adamguerbuez

He's full of shit.
He's trolled us.

Well he certainly didn't troll me. I didn't expect anything, and haven't bothered following him. I wouldn't base any price speculation based on him, etc. You only get trolled if you believed him or purchased bitcoin only based on believing him...

[miztaziggy]

That news is a pinned item from December.

Could be nothing, but that was interesting, I hadn't thought of the fact that he has FB in common with the Winklevosses.

And the Winklevii aren't going to team up with a guy of that calibre, or total lack thereof, if they have any desire to be taken seriously.

This.

The Winklevos guys are listing on the NASDAQ....that's not some mickey mouse exchange. It's a very prestigious exchange with serious penalties for misconduct or any sort of illegality.

Anyone out there that honestly believes that they would jump into bed with a no-body like this, not to mention one that lost a massive law suit against facebook for spamming and trolling, really, and truly is deluding themselves.

[colinistheman]

...not to mention one that lost a massive law suit against facebook for spamming and trolling, really, and truly is deluding themselves.

And look what he's doing in the bitcoin space now. Lol. He's spamming and trolling. Again. Notice the pattern?

[googs84]

[mrdavis]

https://twitter.com/AdamGuerbuez/status/555991149849362432

If that's a hint.

This might be the news.

http://siliconangle.com/blog/2015/01/16/bitcoin-payment-processor-egopay-ceases-trading-founders-may-have-stolen-millions/

[googs84]

https://twitter.com/nprojectcharles/status/555994779347984384           Why would he re tweet and agree with this twitter tweet?

[cafucafucafu]

I actually believe him. He has a reputation to uphold. I think he is either guessing because of the Miami conference or that he has inside news. Probably the former. He guesses that the conference will have big news.

[knight22]

He guesses that the conference will have big news.

This.