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Other => Beginners & Help => Topic started by: concurx on May 10, 2013, 10:59:33 PM



Title: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: concurx on May 10, 2013, 10:59:33 PM
http://booyax.com (http://booyax.com)

https://i.imgur.com/4KeCfpv.jpg



Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: BigZee on May 10, 2013, 11:40:07 PM
Some more details on how this works?


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: concurx on May 11, 2013, 01:43:35 PM
https://en.wikipedia.org/wiki/Binary_option (https://en.wikipedia.org/wiki/Binary_option)

http://bitcoincharts.com/charts/mtgoxUSD (http://bitcoincharts.com/charts/mtgoxUSD)

You deal with two values:
Price payment is recieved;
Price +60 mins.



Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: zordmix on May 11, 2013, 01:53:48 PM
Why not just speculate on any of those trusted markets?
Why to trust you?
Why limit yourself to "1 hour" speculation only?
Why to pay 15% fee to you when btc-e.com has 0.2%?


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: koincollector on May 11, 2013, 01:56:40 PM
Send away if your happy enough to gift the OP ;D


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Kazimir on May 11, 2013, 02:03:46 PM
Suppose I send 3000 BTC to the green address, and bitcoin goes up. How can I be sure you have a spare 2550 BTC (besides my original 3000 BTC) to pay me?


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Kazimir on May 11, 2013, 02:06:50 PM
Why to pay 15% fee to you when btc-e.com has 0.2%?
Well that makes kinda sense: if bitcoin goes up 1%, on btc-e or any other exchange you'll only earn 1% (minus fees), instead of 85%.
Then again, if goes down 1%, you'll lose 1% instead of 100% :)

I guess it's kinda like a leverage derivate of Bitcoin. But since I don't see how we can trust the owner, I'd not invest in this. Not saying he's untrustworthy, just saying we have no way to tell.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: koincollector on May 11, 2013, 02:12:16 PM
Suppose I send 3000 BTC to the green address, and bitcoin goes up. How can I be sure you have a spare 2550 BTC (besides my original 3000 BTC) to pay me?

Test it out and let us know the outcome ;D


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: bananenplukker on May 11, 2013, 02:31:15 PM
I think it's an interesting concept. It's not about where the bitcoin will end, just whether it is up or down


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Mitchell on May 11, 2013, 02:33:18 PM
Looks like a scam to me. Do you have proof that you will pay?


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: concurx on May 11, 2013, 08:52:12 PM
Give me your address.
Will send you some to try it out.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: psystyle on May 11, 2013, 09:31:27 PM
Looks like a scam to me. Do you have proof that you will pay?
agree


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: NutCoin on May 11, 2013, 10:01:10 PM
Guys, 'binary options' are a complete rip off. But if you're going to bet on binary options at least do it with a reputable company. Anyone from the UK will probably want to read this review (one of the largest binary betting companies in the UK recently opened their doors to bitcoin) - http://www.fortunespreads.com/updates/ig-adopts-bitcoin-virtual-currency/ (http://www.fortunespreads.com/updates/ig-adopts-bitcoin-virtual-currency/)


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: grue on May 11, 2013, 10:04:48 PM
i imagine that this will work for the first week but once it gets popular, it will magically stop paying out.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Mitchell on May 12, 2013, 04:04:04 PM
Give me your address.
Will send you some to try it out.

Sure, 1DVF8AW4fqBNU5QCqhpEoktyJBXo73yb4S
My special bet address. Which is kinda emtpy right now.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: FaradayC on May 12, 2013, 04:13:49 PM
Seems like a scam...


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: RAMZA on May 12, 2013, 04:53:08 PM
Scam +1


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: 1bettor.com on May 12, 2013, 04:54:14 PM
cant wait to hear the results of this one! Hell, I will start depositing!


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: pheaonix on May 12, 2013, 05:02:34 PM
Give me your address.
Will send you some to try it out.


13rC9hdMPDYQKsjdArpocAUmZvbfXzMNez


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: cryptopi on May 12, 2013, 05:13:58 PM
Any proof that this is a legitimate enterprise?


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: pheaonix on May 12, 2013, 05:39:20 PM
Any proof that this is a legitimate enterprise?

He just sent me a bitcent to my address, I will test it out and report back what I find.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Mitchell on May 12, 2013, 05:43:38 PM
I got 0.01 from this guy. Lets test it out.
Send it to one of the addresses. Let's see how it goes.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: sheinsha on May 12, 2013, 05:47:59 PM
Any news on this?


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: r3wt on May 12, 2013, 05:52:10 PM
i'd try it, but no BTc

1CieQyaJCkdA8vZLxjgFYLE7Grkowhyoh


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: sheinsha on May 12, 2013, 05:57:18 PM
I can definitly vouch for you if you give want:

Code:
1LAZ7zQiD7UBaarHDwWPmu4qntsDr9DR8e


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: pheaonix on May 12, 2013, 05:57:41 PM
splitting what he sent me into increments so we get multiple tests

sent 0.0025 betting on UP

mtgox prices at 1:54 : 114.60 current

mtgox price at 2:54 : 114.77

result: paid win

https://blockchain.info/tx/9a3d0ed009d69ff7a83587d1281c079a2f4fb5b6424b9713d7193d0c8adac3ab


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Mitchell on May 12, 2013, 06:32:20 PM
Until now I didn't get anything. It could be that I lost. Will post my final conclusion in a half hour.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Mitchell on May 12, 2013, 07:21:34 PM
I got 0.0183298BTC so I won on my bet.
For now it works, but I cannot assure that they wont grab and run.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: FaradayC on May 12, 2013, 08:31:35 PM
Make your 1btc now... When it gets to people doing 10 btc trans, they will grab and run...


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Mitchell on May 13, 2013, 03:01:30 PM
Send my profit to them again. Recieved nothing so I will assume that I lost. It WOULD be helpfull to get some BTC send back, so you know that you lost. Like 1% of your bet.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: mvidetto on May 13, 2013, 03:57:15 PM
I can't believe people haven't noticed this is a scam.  A. He doesn't provide which market he's following GOX/coinbase etc. or and average of BTC price.  B.  He doesn't say how much money he has to pay out and you invest 10k BTC he probably cant pay that back.  C.  This is a .85:1 return, you'd have to be an idiot to take these chances when you get better odds in a casino...  D. Any BTC you do send him he can just keep...


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: MarkLyford on May 13, 2013, 05:31:00 PM
anyone tried this yet ? :)


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: concurx on May 13, 2013, 06:40:38 PM
It WOULD be helpfull to get some BTC send back, so you know that you lost. Like 1% of your bet.

Good advice.
Think I should.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: Mitchell on May 13, 2013, 07:36:34 PM
anyone tried this yet ? :)
Read the topic. YES.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: concurx on May 14, 2013, 10:30:56 PM
Send me a bitcent and I will try.

send me your address :)

Added one touch.... oops

https://i.imgur.com/ZsbX2Sl.jpg


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: adnanlari on May 19, 2013, 11:43:24 PM
https://i.imgur.com/kPLuo5c.jpg


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: EmperorBob on May 19, 2013, 11:53:55 PM
Guys, binary options on a 1-hour basis are nothing more than gambling. Frankly you should go to an actual gambling website for it, it'll cost you less in fees.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: BitWulf on May 19, 2013, 11:59:07 PM
Just buy your own bitcoins. Gambling like this is just asking to be scammed.


Title: Re: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour
Post by: adnanlari on May 20, 2013, 06:19:03 PM
binary options on a 1-hour basis are nothing more than gambling.

http://www.forbes.com/sites/investor/2010/07/27/dont-gamble-on-binary-options/