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This has got to be a hoax. I highly doubt someone could be so much fail. It makes no sense at all, why just toss away all respect he ever had and his whole pool? I don't know but if he did do it I bet he was drunk or on drugs. No one would any compassion or apathy would be so abusive.
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link to some evidence he was involved in this??
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I have also been wanting an options market. Sadly I am not skilled enough to be able to set one up.
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Hi all I live in Thailand and my option on cards and the prices are not great. If I want to buy new and get a warranty I have to buy here. I also can buy used 5970s in the USA and have them shipped here. This could happen. Anyway this is what I can buy locally. 6870 x2 for $466 http://www.newegg.com/Product/Product.aspx?Item=N82E168141314466990 for $726 6970 1GB ram $428 6950 2GB $366 6850 $228 Anything 5XXX is being sold at the new price from 3 years ago so that's a no go. 5970 new is more than a 6990! Any random ideas will help me think this out, Thanks:) |
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I would be more willing to write an option deal like this with a fixed number of BTC instead of a fixed USD amount. So an option to buy 200 btc at $5 would be something I would be more willing to underwrite as your risk profile is easy to comprehend.
Maybe I'm just a tad stupid, but giving someone the option $1000 of btc at the lowest price over the next thirty days is quite a volatile prospect. If the price goes back to $2.50, that means you need to have 400 btc on hand to cover the $1k buy and be willing to sell those 400 btc at that price + the premium.
Also, the growth pattern of the purchasing power of the $1000 does not sit right in my stomach. You have the opportunity to make at most your premium, but your risk exposure is much greater than that. One would need to be playing both sides of the fence in order to make this work.
Yes, and one would need deep pockets to cover the loss. I think I would be willing to take the risk near Brendio's bid but not much lower:) The way I would do it is buy $1000 BTC now and then keep $2000 on hand to buy BTC at lower and lower prices. If BTC goes too low then I would have to get more funds. But the payoff would be decent assuming this did not happen. |
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Okay that is what I thought at first:) He has to pay $1000 at the end of the month to use the option.
In that case please ignore the PM I just sent you.
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I totally did not read that correctly, sorry. I thought you said 11,000 lol!
$1,100 is interesting. Is that a number you would trade on?
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As soon as I work out this equation, I'll give you a quote:  Lol, what is it? The Black–Scholes model pricing equation for a lookback call option. I'll do $1100 for an option exercisable at the lowest weighted average price reported by bitcoincharts.com. I was looking at Black-Scholes before but did not remember that formula, not that I should have. I kinda think $1100 is a bit high because you will have the ability to buy bitcoins on the way down lowing your risk. Every time BTC goes down say 33% buy $1000 worth of bitcoins. You can do that 11 times with $11k. |
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As soon as I work out this equation, I'll give you a quote: Lol, what is it? |
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I would bid $8,000.
I would make it lower if we did a daily average, if Gox get hacked again and .01 lol!
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I'm 100% and would like to get some more juice. PM or post in the thread.Thanks!
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Mt Gox just told me that I would not be able to access my funds using dwolla as they were out of cash.
"Thank you for contacting us. Unfortunately, due to a shortage, we do not know when this transfer will be completed. We strongly recommend you to cancel to this withdrawal and use other methods such as international wire transfer."
The problem is I can't get the funds I sent to me by using the international wire transfer over a week ago. I have just under $2,000 tied up with them and they are telling me to use alternative methods to get my cash? What is going on?
"Unfortunately, we do not have an estimated date for when both of the transfers will complete. We can check both transfers daily and will notify you when they are processed on our end. Both transfers have been submitted within our system; it seems that both transfers are pending at Dwolla/Bank. For international wire transfers can take up to 2 weeks to complete depending on intermediary banks. Dwolla transfers usually complete within several hours, unless the amount is large, which could take several business days. We sincerely apologize for the delay and any inconvenience caused."
So to solve a few days delay you want me to get a few weeks delay??? WTF!
I thought Mt. Gox got their shit together?? Once the funds are cleared (assuming they will be) I will update this thread...
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Hi, I want to help advertise the two links in my sig on bitcoin sites. I am also very interested getting into the Russian speaking market. Send me a PM with ideas and quotes.
thanks!
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Hope I can get my current ads redirected:)
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3 @ 3.5
Wow already outbidding last weeks winning bid:) |
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Don't hold your breath expecting Eleuthria to enable merged mining for I0Coin: https://bitcointalk.org/index.php?topic=49417.msg651872#msg651872"I do not have any plans to support I0C merged mining. The fact that anybody has the slightest interest in I0C at this point is baffling. It's got nothing to offer. The only reason I implemented NMC merged mining was that NMC serves a purpose outside of being traded for BTC (even if most people don't utilize that purpose). Nothing like that can be said of any other altcoin. Piggybacking chains onto BTC when they are technically a competing chain is just stupid." He can always change his mind though....  I agree with this, I just wanted my i0coin so I could trade it for bitcoin:) I am holding some litecoin because it is mined on CPUs. People wiht out money or highend GPUs will be able to mine their own litecoin to either trade for bitcoin or to buy in litecoin. litecoin, other than namecoin are the only two alt coins worth anything. and I am not saying they are even worth much:) |
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Guess when the first buyer gets (and proves so) their BFL single and win 2 BTC. The unit must hash at 800 plus, use less than 90 watts. https://bitcointalk.org/index.php?topic=53530.0All dates must be guessed with the DD-MM-YY format to make it easy. All guess must be made within a week of this posting. Disclaimer, as OP I can do whatever I want so don't play if you wont be happy with my decisions. My guess will be whatever the current date is plus 4 to 6 weeks:) Also how do I ad a poll to this? Thx Edit for the_Joint Timezone is Thai Time:) |
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Oh lol! I had hoped it went to a charity or development of some sort.
Nope too bad it did not you must have had 200k or so of them mining with 10gh/s right from the start. BTW take it that must have been you that just sent me the mystery BTC payment for mining on your pool right? If so thanks. Yes, I updated the thread. Sent you an extra coin cuz of the delay. The front end will be up soon, once it is working I'd like you to come back:) Thank you and happy holidays! |
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