johnwhitestar (OP)
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Slimcoin - the Proof of Donation inventors!
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September 29, 2012, 10:59:23 PM |
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If someone would ask you an advice, how to invest better 1.000.000 $ into BTC economy, what would you advice him to do, to maximise his revenue? (imagine he'd recognise you 50% of profit in case your idea helps him to make any)
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obisunk
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September 30, 2012, 03:39:50 AM |
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I would tell him there are three direct ways to invest in BTC
1 Mining (creating BTC, providing network security) 2 Service (earning BTC already in circulation) 3 Advertising (actively making USD/BTC ratio higher by any other means)
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MPOE-PR
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September 30, 2012, 11:01:30 AM |
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1. Buy bitcoins. Say you manage 80,000 BTC (at 12.5 each). 2. Buy 50mn S.MPOE stock (~20,000 BTC atm). Buy 5mn S.DICE stock (~20,000 BTC atm) 3. Sit on ~40k BTC wait for the ASICs to show up or not. At some point in 2013 (or even 2014) when that industry finally is mature buy ASICs at a fair price (probably less than 1/10 what they claim now).
This strategy will likely return the highest USD-value portofolio on January 1st 2015. (~100,000 BTC worth $100 to $1,000 each).
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Lethos
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September 30, 2012, 11:10:53 AM |
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Short term: Investing and Gambling (subtle differences) are options to consider. Long term: Just Buy, secure and stash. Rise in value will get you a nice return 1-2 years from now.
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johnwhitestar (OP)
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Slimcoin - the Proof of Donation inventors!
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September 30, 2012, 10:26:26 PM |
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1. Buy bitcoins. Say you manage 80,000 BTC (at 12.5 each). 2. Buy 50mn S.MPOE stock (~20,000 BTC atm). Buy 5mn S.DICE stock (~20,000 BTC atm) 3. Sit on ~40k BTC wait for the ASICs to show up or not. At some point in 2013 (or even 2014) when that industry finally is mature buy ASICs at a fair price (probably less than 1/10 what they claim now).
This strategy will likely return the highest USD-value portofolio on January 1st 2015. (~100,000 BTC worth $100 to $1,000 each).
What is S.MPOE stock?
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fbastage
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October 01, 2012, 05:45:03 PM |
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If someone would ask you an advice, how to invest better 1.000.000 $ into BTC economy, what would you advice him to do, to maximise his revenue? (imagine he'd recognise you 50% of profit in case your idea helps him to make any)
put it all in Litecoin. pump & dump the hell out of that.
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johnwhitestar (OP)
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Merit: 272
Slimcoin - the Proof of Donation inventors!
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October 01, 2012, 06:57:09 PM |
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If someone would ask you an advice, how to invest better 1.000.000 $ into BTC economy, what would you advice him to do, to maximise his revenue? (imagine he'd recognise you 50% of profit in case your idea helps him to make any)
put it all in Litecoin. pump & dump the hell out of that. I like your idea and what about PPCoin and Namecoin?
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Korbman
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October 01, 2012, 10:11:59 PM |
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1 Mining (creating BTC, providing network security) 2 Service (earning BTC already in circulation) 3 Advertising (actively making USD/BTC ratio higher by any other means)
The active way of investing. 1. Buy bitcoins. Say you manage 80,000 BTC (at 12.5 each). 2. Buy 50mn S.MPOE stock (~20,000 BTC atm). Buy 5mn S.DICE stock (~20,000 BTC atm) 3. Sit on ~40k BTC wait for the ASICs to show up or not. At some point in 2013 (or even 2014) when that industry finally is mature buy ASICs at a fair price (probably less than 1/10 what they claim now).
The passive way of investing. put it all in Litecoin. pump & dump the hell out of that.
The evil way of investing. I vote a sexy portfolio of ALL ideas
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CJGoodings
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October 01, 2012, 10:15:06 PM |
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You could always do what most people on this forum did and place it in a ponzi, hoping to pullout before its tumbles.
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556j
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October 02, 2012, 01:13:37 AM |
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slowly trade bitcoins for cash at 1%+ fee (in your favor), then hold bitcoins for 10 + years.
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nimda
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October 02, 2012, 01:16:16 AM |
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Buy bitcoins while subtly pretending to be providing a service. "Get cash in mail for your GoxUSD/BTC!"
Place huge ask walls trying to suppress the price while you buy
Once you're all bought in, run TV ads for bitcoin.
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Raize
Donator
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October 02, 2012, 10:14:30 PM |
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I'd do a combination of: 1) $20k BTC purchase, $5k at a time over a few days. 2) $20k in futures contracts with either pools or forum members directly. 3) $10k in options either on an exchange or forum members directly. 4) $30k in mining equipment with Icarus in February. 5) $20k hedged in a combination of physical silver/gold instead, because the factors that would increase BTC would also increase those.
On the ones where you deal with forum members directly, look for those with established reputations only, anyone else, ignore.
You may want to also consider a purchase of $10k of GPUs here in the next two months or so and mining Litecoins instead. If so, I'd take $10k out of the futures contracts to fund that.
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isis
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October 03, 2012, 04:08:17 PM |
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I'd do a combination of: 1) $20k BTC purchase, $5k at a time over a few days. 2) $20k in futures contracts with either pools or forum members directly. 3) $10k in options either on an exchange or forum members directly. 4) $30k in mining equipment with Icarus in February. 5) $20k hedged in a combination of physical silver/gold instead, because the factors that would increase BTC would also increase those.
On the ones where you deal with forum members directly, look for those with established reputations only, anyone else, ignore.
You may want to also consider a purchase of $10k of GPUs here in the next two months or so and mining Litecoins instead. If so, I'd take $10k out of the futures contracts to fund that.
And what about the other $900k?
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SgtSpike
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October 03, 2012, 04:28:57 PM |
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I'd do a combination of: 1) $20k BTC purchase, $5k at a time over a few days. 2) $20k in futures contracts with either pools or forum members directly. 3) $10k in options either on an exchange or forum members directly. 4) $30k in mining equipment with Icarus in February. 5) $20k hedged in a combination of physical silver/gold instead, because the factors that would increase BTC would also increase those.
On the ones where you deal with forum members directly, look for those with established reputations only, anyone else, ignore.
You may want to also consider a purchase of $10k of GPUs here in the next two months or so and mining Litecoins instead. If so, I'd take $10k out of the futures contracts to fund that.
And what about the other $900k? I lol'd. Honestly, I'd just buy up 80k BTC.
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Andrew Vorobyov
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October 04, 2012, 11:39:36 AM Last edit: October 04, 2012, 01:19:42 PM by Andrew Vorobyov |
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Sell 83 333 contracts of this http://polimedia.us/bitcoin/mpex.php?mpsic=O.BTCUSD.P120N If bitcoin will be above 12 USD by December - you will get 0.2 * 83 333 = 16666 BTC + initial 1 000 000 USD. If bitcoin will be below 12 USD by December - you will have BTC 100 000. Even more: You can continue doing so until one day you are assigned BTC. When you have BTCs you do same thing but upside down. Sell Call contracts with strike at spot level.
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MPOE-PR
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October 04, 2012, 02:03:47 PM |
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Sell 83 333 contracts of this http://polimedia.us/bitcoin/mpex.php?mpsic=O.BTCUSD.P120N If bitcoin will be above 12 USD by December - you will get 0.2 * 83 333 = 16666 BTC + initial 1 000 000 USD. If bitcoin will be below 12 USD by December - you will have BTC 100 000. Even more: You can continue doing so until one day you are assigned BTC. When you have BTCs you do same thing but upside down. Sell Call contracts with strike at spot level. In order to sell the contracts you have to first create them. That takes capital to cover. Perhaps you've not really tried the method you propose?
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Andrew Vorobyov
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October 04, 2012, 03:14:43 PM |
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In order to sell the contracts you have to first create them. That takes capital to cover. Perhaps you've not really tried the method you propose?
Let's say, I will transfer $1M to your bank account. You, as market maker, will buy from me or sell to me if needed. Will it work?
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MPOE-PR
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October 04, 2012, 05:53:50 PM |
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In order to sell the contracts you have to first create them. That takes capital to cover. Perhaps you've not really tried the method you propose?
Let's say, I will transfer $1M to your bank account. You, as market maker, will buy from me or sell to me if needed. Will it work? Nope, you'd have to open an MPEx account and transfer Bitcoins. At current market rates 83,333 O.BTCUSD.P120N will need roughly 80k BTC to cover. If these are never exercized then you get your 80k BTC back.
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allthingsluxury
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Merit: 1029
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October 06, 2012, 04:09:18 AM |
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Start bitcoin business. Something your good at. Perhaps you could invest the $1000 into inventory that you could then sell to the bitcoin community. The leverage of running your own business can be a amazing. Invest in yourself and reap the profits.
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