Purchased a 10,000 BTC PUT option today, history has been made

[WhatsBitcoin]

Found MPEX's owner in #bitcoin-assets who offered me a great deal (In my opinion) on a 3 month put option on the price of BTC tied to Bitfinex last ask price.

Strike price of $215 USD

Fee of $7.50 USD in BTC per BTC optioned.

Time for you all to lose your pants, socks, sweaters and all in BTC and for me to make THOUSANDS!

[bitcoin_bagholder]

10,000 BTC, yet you're posting to get peanuts from a lame signature campaign.

Hmmmmmm.....

[EternalWingsofGod]

Mircea and her shenanigans
Anyways post the relevant Bitcoin-Assets thread and log for evidence if you did take the bet.
Seems like a fun one if you actually have the money to put up.

Or if the offer is open to all users would like to see who bites on this 

[WhatsBitcoin]

I wonder if you really have enough money to buy 10k bitcoin's
Since you still join a signature campaign

Or still want to have more bitcoin

Bitcoin is going to 150-175 in the next three months which by my estimate of 170 will net me $375,000. After conversion fees and hiding said money lets say $300,000. Nice.

And you bet my ass I will be using Bitmixer to mix my coins too.


Wait....BUY 10,000 BTC...LOL sir...do you know what an option EVEN IS?

[S4VV4S]

Mircea and her shenanigans
Anyways post the relevant Bitcoin-Assets thread and log for evidence if you did take the bet.
Seems like a fun one if you actually have the money to put up.

Or if the offer is open to all users would like to see who bites on this  

I thought Mircea (Popescu) was a guy and was running a gambling site..

Or am I wrong and it was an exchange?

Wasn't it the guy called by the US agency to give info about his business to them?

[bigasic]

So, did you have to put up 75k? is that how it works? and if btc doesnt hit 215 within 3 months, you lose it, if it does hit that, you get the difference from the btc price when you made the deal correct? I need to start playing the btc game again. i did it a lot when btc was sub 5 dollars a  piece and made a killing, but i never optioned, put or anything, I  just bought low, sold when it went up a few dollars, rinse, repeat. to do that today, you have to have a shit ton of money, but back then, i could buy 1k coins no problem. make a 3k profit in a few days to a week, easy money.. then i arbitraged, didnt even know the name of it then, lol.... ahhh, the good ole days...

[bigasic]

Reserved to either eat crow or laugh my ass off. I really dont want bitcoin to go to your low levels, it might, but i sure hope not....

[cyrusthegreat]

Found MPEX's owner in #bitcoin-assets who offered me a great deal (In my opinion) on a 3 month put option on the price of BTC tied to Bitfinex last ask price.

Strike price of $215 USD

Fee of $7.50 USD in BTC per BTC optioned.

Time for you all to lose your pants, socks, sweaters and all in BTC and for me to make THOUSANDS!

good deal sir i bet you will make more than what you think

[WhatTheGox]

10,000 BTC, yet you're posting to get peanuts from a lame signature campaign.

Hmmmmmm.....

My thoughts exactly. I guess you simply can't let go of them satoshi's

One day each satoshi will be worth $1 so why bother wasting it

[yayayo]

I don't think that this is true, but if it is I'm at least 50% sure that Op will loose his funds.

What he does is basically gambling. Unless he's a millionaire already, he's taking way too much risk. Given the most recent price action and upcoming news (Wallstreet investment instruments becoming available)  I see a decent chance, that we're about to leave the ground.

ya.ya.yo!

[ausbit]

You sound like a high roller to me, but don't lets these other idiots put you down, its good to see a man put his money where is heart/mouth is.
Maybe the money you invested in this is just spare change to you, no one hear knows your financle situation but you, im sure you know the rules to only invest what you can afford.
Anyway i really hope you know what your doing, good luck!

[Amph]

I wonder if you really have enough money to buy 10k bitcoin's
Since you still join a signature campaign

Or still want to have more bitcoin

Bitcoin is going to 150-175 in the next three months which by my estimate of 170 will net me $375,000. After conversion fees and hiding said money lets say $300,000. Nice.

And you bet my ass I will be using Bitmixer to mix my coins too.


Wait....BUY 10,000 BTC...LOL sir...do you know what an option EVEN IS?

plz tell me more about your crystal ball, your prediction seems a bit random, just posted to increase the credibility of your action described in your first post

the reality is that you are just gambling like everyone else

[ensurance982]

The things that's so risky with bets like this (it's a bet, basically) and shorts/longs on margin is the mere fact that the volatility can wipe you out completely, even if the general direction is in your favor. By just holding coins, this can't happen to you.

[arivar]

Found MPEX's owner in #bitcoin-assets who offered me a great deal (In my opinion) on a 3 month put option on the price of BTC tied to Bitfinex last ask price.

Strike price of $215 USD

Fee of $7.50 USD in BTC per BTC optioned.

Time for you all to lose your pants, socks, sweaters and all in BTC and for me to make THOUSANDS!

There is only two cases where someone would sell this put for only $7.50(32% of implied volatility):

1. He is completely clueless.

or

2. He's never intended to pay it back in the case he loses money.

[darlidada]

logs or it didnt happen

[ChuckBuck]

logs or it didnt happen

Exactly, need a transaction ID of some sorts, or this is just the OP trying to troll the shit out of us.

[Beliathon]

Time for you all to lose your pants, socks, sweaters and all in BTC and for me to make THOUSANDS!

Sum value of your assets is below $4,000 US, and I won't even mention your debt. You are a tiny fish in a small pond, you are lying, and worst of all you are boring.

[selene72]

Obvious troll lol

OR

He managed to get 10k Bitcoins via signature camps.

[cellard]

10,000 BTC, yet you're posting to get peanuts from a lame signature campaign.

Hmmmmmm.....

Indeed, it seems strange, but I don't see why not make even more extra peanuts if you are going to be posting anyway? It's always good to make BTC no matter what, and it's an activity you'll be doing regardless you are rich or not (even tho if I was mega rich I would probably be too busy relaxing on a beach, but even then I would still be addicting to posting a bit with my smartphone lol).

[johnyj]

Poor dude   

Most of the options just never execute, the pricing model is like a casino house, your chance of winning against the house is extremely low