All these including 1,2,3, and 4 will probably be improved within one week. Stay tuned.

Sorry, sometimes I am too busy and may not be able to check every replies. Yes, we may add EUR/USD or GOLD pairs. But we need to find market makers for those pairs first. Otherwise there will be no liquidity.

Our wallet is not connected to the internet. So it is a cold wallet. The machine storing the cold wallet does not need to download the blockchain. It's only used for signing transactions. We have an online machine with a full copy of the blockchain and all the addresses in our cold wallet. But that's only used for monitoring and creating unsigned transactions. I don't know what is wrong here.

We do not use hot wallets and manually process all withdrawals in a few batches everyday because as we know nearly all hot wallets in all big sites were hacked. This is safer but also slower.

I would not say it's PURE gambling as I explained in the first post of this thread.

Let's take a CALL contract as an example. The basic idea is that the correct price should be the probability that it goes above the strike price times 0.01 BTC.

So if right now the price is 236.61, if you select 236.75 as the strike price and you estimate the probability that it goes above 236.75 is 0.2, then the price should be 0.2*0.01 BTC. If you find the market price lower than 0.2*0.01, you can then confidently buy. Maybe you lose one or two times, but if you do this frequently, you will find that you are making money consistently.

It is not difficult. But it takes a little time to learn the skill. I am sure that after trading a few times, you will know what I am saying.

It's not exactly the same as gambling, because sometimes, you can find that the market maker may not be able to price the options correctly and you can take advantage of that. So if you have the skills, you can make profit consistently.

OK, it seems that you guys are all ver interested in this. Our original thread is here: https://bitcointalk.org/index.php?topic=821889.0
But that thread was written for traders. For you guys, I want to make things simpler here. Please check the first post of this thread. I just updated it.

The WoT comment and rating were left in 2011. That's before our site being created.

It's a little similar to that. Let me show you an example. If you buy a CALL contract, the payoff is like the following. At the expiry, if the BTC price is higher than the strike, you will be paid 0.01 BTC; otherwise, if BTC price is lower than the strike, you will get 0 payoff. So, your basically, you just need to predict whether the final price is going to be higher than the strike price or not.

The market maker is still providing liquidity. You can see from the home page. The price index is an average of Bitfinex, Bitstamp, and BTC-e's most recent bid and ask price ticks.

It's a nonlinear product. There is no need for leverage. You just need to predict whether it is going to reach a certain price level.

https://coinut.com just added 30-minute binary options. Please join and make 20x profit in 30 minutes.


How it works?
There are CALL options and PUT options.

For CALL options, you spend some money to buy a contract in the hope that the price at the end will be above the strike price you choose. If the final price is above the strike price, you get 0.01 BTC payoff; otherwise, you get nothing and thus lose the original premium you pay.



The premium you pay mainly depends on the strike price you choose. The higher the strike price, the harder the final price will be above that, and thus the cheaper the premium will be.

So to make 20x profit within 30 minutes, you need to choose a high strike price so you pay very little premium. But your chance of wining is also lower. But that does not mean it is impossible or we are scamming. We are not a scammer.

It's not exactly the same as gambling, because sometimes, you can find that the market may not be able to price the options correctly and you can take advantage of that. Sometimes you just find the price of an option is lower than what it should be. So if you have the skills to analyze, you can make profit consistently. It's not like gambling where you have no control at all.

How to estimate the correct price that it should be? The basic idea is that the correct price should be the probability that it goes above the strike price times 0.01 BTC.

So if right now the price is 236.61, if you select 236.75 as the strike price and you estimate the probability that it goes above 236.75 is 0.2, then the price should be 0.2*0.01 BTC. If you find the market price lower than 0.2*0.01, you can then confidently buy. Maybe you lose one or two times, but if you do this frequently, you will find that you are making money consistently.


PUT options are similar. The difference is that you buy a contract in the hope that the final price will be below the strike price. So the lower the strike price, the less you pay for the contract, and the less likely you will win, but if you win, you win more.

How do we calculate the price index?
We obtain the top bid and ask price ticks from Bitfinex, BTC-e, and Bitstamp every 2 seconds (We will increase the frequency later and if you have better suggestion, please let me know). Suppose they are Bid1, Ask1, Bid2, Ask2, Bid3, and Ask3 respectively for the three exchanges. And then we calculate the index as (Bid1 + Ask1 + Bid2 + Ask2 + Bid3 + Ask3)/6.

Cool. Please join in.

Enrollment Period: Anytime

How to participate?
Register an account and then the instructions are shown on the following page. You can also track the commission you made using this page. Payment will be issued weekly.

Yep.

Just messaged you.

Yes, payments are done weekly. Please make one trade to join in. You can also directly post the link in other places so people can register and you will also get paid for that.

Nice user name. Please do remember to trade once.

Last week's payment: https://blockchain.info/tx/c7f7d32038c0e299a41a89374559eb7d7a7da567a286e18dc8bf727f56522bf5

Please check your account!