Bitcoin Forum

Economy => Gambling => Topic started by: baokychen on March 31, 2014, 08:22:14 PM



Title: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: baokychen on March 31, 2014, 08:22:14 PM
♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔

http://www.forexminute.com/blog/wp-content/uploads/2014/02/Forex-Binary-Options-Trading-is-Extremely-Profitable-for-Learned-Traders.jpg

> Forex.Coinpeddle.com will be launching an Option Binary betting for major currency pairs like
EUR/USD, GBP/USD, USD/JPY , AUD/USD, NZD/USD, XAU/USD and indice such as SPX500 etc.


We are launched!! > Visit us now at http://forex.coinpeddle.com <

♔ Max bet is 0.05, Minimum bet is 0.002
♔ Payout is 1.75, Highest Payout in Bitcoin satoshi binary option.
♔ 1 Confirmation to get trade confirmation
♔ INSTANT Payment to winning trade upon trade expiration.
♔ 100% provable fair, price feed from Yahoo Finance API



♔ User is able to bet on the price will be higher / lower on their bet confirmation + 5 Mins / 1 Hr / 4 Hr / 24 Hr(D1)


Investors
♔ Investor please send a private message to us and we will fill you up.


♔ Begin your forex option binary at
http://forex.coinpeddle.com




Title: Re: BITCOIN Forex Binary in H1 & H4 & D1
Post by: baokychen on March 31, 2014, 08:24:39 PM
We would hope to hear your response, if anyone interested in such Gambling with
Forex Market using BTC in an easy way.


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1 Hour, 4 Hour or 1 Day
Post by: leancuisine on April 01, 2014, 01:44:36 AM
Awesome, I will be investing for sure. Will there be a site wallet, or will payouts go directly back to your Bitcoin wallet? I also recommend 60 second trades. ;)


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1 Hour, 4 Hour or 1 Day
Post by: FUR11 on April 01, 2014, 01:59:49 AM
>There no house edge, as the result are base on live market.
>Payout will be 1.75x of original bet



Does not compute.


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1 Hour, 4 Hour or 1 Day
Post by: leancuisine on April 01, 2014, 02:04:47 AM
>There no house edge, as the result are base on live market.
>Payout will be 1.75x of original bet



Does not compute.
It's binary options, so if your bet is in the money at the end of the period, you would get a 75% profit. You are betting with the markets, not against the house.


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1 Hour, 4 Hour or 1 Day
Post by: FUR11 on April 01, 2014, 02:22:18 AM
>There no house edge, as the result are base on live market.
>Payout will be 1.75x of original bet



Does not compute.
It's binary options, so if your bet is in the money at the end of the period, you would get a 75% profit. You are betting with the markets, not against the house.

You can bet either high or low.

If it's a 50/50 shot, then the house edge is 25%.

If it's not a 50/50 shot, then it's extremely exploitable.

Does not compute.


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1 Hour, 4 Hour or 1 Day
Post by: boumalo on April 01, 2014, 06:49:46 AM
25% edge??? That's a lot?


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1 Hour, 4 Hour or 1 Day
Post by: KingOfSports on April 01, 2014, 03:31:25 PM
25% edge??? That's a lot?
25% edge in this type of gambling isn't much actually. I remember back when I was on here daily, there was a site that did forex trades and paid a little less. Last I heard, they went broke but they were focused on the USD/BTC exchange which is sometimes pretty easy to predict since its mainly speculation based.

Unless you know what you're doing, I would advise messing around with forex trading. Never tried it but have heard and seen on youtube stories of people losing their asses and life savings through forex, options and futures. Careful.


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1 Hour, 4 Hour or 1 Day
Post by: baokychen on April 06, 2014, 03:53:05 PM
We are launching


Thanks for your interest, we will likely launch on this market open today and bet will be accepted.

All payment will be made promptly. We have enough balance to pay you. However there is bet limit, please see below for more information.


We will make it in H1,H4 and D1, if you are a forex trader, this should be a common term, means that you will be betting the price will be
above or below in 1 hour time,4 hours time and 24 hours time.

What make it unique from gambling is you are not actually betting against the "seconds", but you are betting against your knowledge of the currency pair.


Winning Settlement
All winnings will be "MANUALLY" settlement within 2 hours of trade closure as during the start, we wanna ensure the bet is working, automatic withdrawal will be implement very soon, at least within this week. Your payment and earning will not be short charge, we got a funding base of over 20 BTC as of now. Investor are welcome to join us by pm me as of now.

All the bet will be recorded in our database and the database will be backup on a daily basis, any dispute will be resolve easily.


Where we get our price feed?

Fair . We get it from Google Finance, definitely public and available, ensure the result is up to the 99.99% fairness. The code are ready. The price is live, if you find anything suspicious, feel free to shout at us on this thread, there will definitely be not much spread difference since the opening and closing of trade will all base on Google Price Feed for the pair, and it will be updated live, so no issue on that.


House Edge?

There are no house edge, the price are all from the market, the only edge we have is for every 1 loss, you need 2 win to cover with extra 50% profit, which why we pay you 1.75x odd, if we are paying you 2x odd, we will not be making any money to cover the hosting and the rainy days.

If the site is making decent on bad traders, the site might launch events to give jackpot on random bet, e.g everyday 1 random better wallet id will get 0.01 BTC free etc. We will announce here, if such event will occur in future.


Where we keep your money and bitcoin?

The wallet is not connected to the server where the game is host, we host it remotely elsewhere, and our funds are host somewhere else, as of now my bitcoin is not much
but I can get it easily through my localbitcoin seller using my fiat, within less than 20 mins, I can get 20 to 30 BTC with no issue.


Why we launch this?

For the love of Forex and also the love of not gambling by luck, but by fundamental and technical analysis, it should be fair enough.


Trading Pairs ?

We will launch the binary trading for the following pairs

EUR/USD , GBP/USD , AUD/USD , USD/JPY


Our interface might be slightly ugly, but before we let you guys bet, we will try it to confirm the system accept the right bet.


Bet Limit

Minimum bet is

0.005

Maximum bet is

0.05

The reason why we set minimum bet is because no point to bet when your earning won't cover much of the BTC transaction cost.




How will we grow?

We are not intend to just promote our binary site at just bitcointalk, we will expand into forex forums and promote there too. Only BTC betting thou   :-*



Why BTC betting

Anonymous to a certain extent, fussy free, no registration, no worries about security. Our site will not have "Site Wallet" due to security concern at start.
For now we just want focus on the Social Binary Betting and ensure all our functions is up and working.

The next thing we will do is of course, allow site wallet and allow position carry over. and more forex related speculating with BTC



We will be looking to further this into a trading platform, where you can hold your position instead of just binary option.





Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1/4/24 Hours [ Launch Today ]
Post by: baokychen on April 06, 2014, 05:26:09 PM
A Sneak look on the interface

http://oi60.tinypic.com/16c7wxx.jpg


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1/4/24 Hours [ Launch Today ]
Post by: baokychen on April 06, 2014, 11:21:52 PM
Target launch time at London Market.


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1/4/24 Hours - Forex.coinpeddle.com
Post by: baokychen on April 07, 2014, 12:58:04 AM
We are officially launch :)

Visit us at

http://forex.coinpeddle.com


Title: Re: [New] Bitcoin Forex Binary - Bet Up/Down in 1/4/24 Hours - Forex.coinpeddle.com
Post by: baokychen on April 07, 2014, 07:38:37 AM


> Payout had been increment from 1.70x to 1.75x [ Highest in Bitcoin Satoshi Forex Options ]
> Auto payment is activate and winning will be paid within minute upon trade expire.



Title: Re: ! >> Bitcoin Forex Options Binary [TIME FRAME: M5 / H1 / H4 / D1 ] << !
Post by: baokychen on April 07, 2014, 10:55:37 AM
Due to several private messages receive from users, we decided to add 5 Minutes betting to the list of choice.

Now we support M5 , H1 , H4 and D1 betting.



Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: heavytrader on April 07, 2014, 08:54:02 PM
Nice.. will be trying out !  8)


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: playfors on April 08, 2014, 06:01:59 AM
I love binary options, its a great way to make huge profits in a short period. just be careful not to waste your hard earned cash. if you dont know what you are doing that will surely happen. I've been doing this for quite some time now and i recommend to any one who is new to binary options to take his time and learn the markets before you invest. its not as easy as they want you to think!!


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: baokychen on April 09, 2014, 02:21:02 PM
I love binary options, its a great way to make huge profits in a short period. just be careful not to waste your hard earned cash. if you dont know what you are doing that will surely happen. I've been doing this for quite some time now and i recommend to any one who is new to binary options to take his time and learn the markets before you invest. its not as easy as they want you to think!!

Forex was never easy. You got to learn it the hard way, be it option binary or CFD trading. Its the same thing.
As long you understand the market, you should be fine. But not playing with short TF.

Long Time Frame is more fair and its more of your capability to judge future price.


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: baokychen on April 12, 2014, 06:45:52 AM
We are open every weekday for bets ;)


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: zeeshanblc on April 12, 2014, 07:11:45 AM
very dangerous thing if you don't have luck and don't know what you are doing... One fake news from china and you're screwed :)


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: Financisto on April 12, 2014, 07:43:21 AM
I'd suggest that when the close price remains the same as the entry price there is a PUSH and the money is sent back to bettor just as it works at Sports Betting.

As seen at your gambling site, the bettor loses his bet in that situation...

That's too painful! :-\


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: baokychen on April 14, 2014, 09:26:41 AM
I'd suggest that when the close price remains the same as the entry price there is a PUSH and the money is sent back to bettor just as it works at Sports Betting.

As seen at your gambling site, the bettor loses his bet in that situation...

That's too painful! :-\

I will consider this idea, if its a tie, its a draw right in your opinion because in Satoshi Option, another btc binary site, a tie is a loss.

Thanks for the feedback.


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: jparsley on April 14, 2014, 03:53:48 PM
Good binary trading site, will play here and see how it goes


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: baokychen on April 17, 2014, 02:33:39 PM
Good binary trading site, will play here and see how it goes

Thanks for the compliment. !


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: ondratra on June 12, 2014, 02:57:44 AM
Is it still working??? The last bet seems to be from April :(


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: baokychen on June 12, 2014, 08:04:38 AM
Is it still working??? The last bet seems to be from April :(

It still running, I have enough funds to pay all investment, that is why I set max bet :)

We got a few bets recently.


Title: Re: ♔ Bitcoin Forex Options Binary Trading | SIMPLE & EASY | Instant PAYOUT ♔
Post by: baokychen on June 12, 2014, 02:59:03 PM
PAYOUT ODDS HAD INCREASE FROM 75% to 79%.

We have enough to pay as long you bet within the range :) stated in the website.

Enjoy