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Author Topic: [BitcoinInvestments BI] Short-term 21 and 60 day certificates  (Read 2972 times)
shakaru (OP)
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June 12, 2011, 03:39:04 PM
 #21

Put up your offers on https://bitoption.org/ - there you can NOT wiggle yourself out (PGP nice and fair, but as long as I don't have a lot of RL data I can't sue you anyways).

I like this idea, but how can I set what rate i want to payout for each btc invested? I dont see how this can help besides giving someone the option to trade the option.

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shakaru (OP)
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June 12, 2011, 04:24:23 PM
Last edit: June 12, 2011, 05:45:10 PM by shakaru
 #22

I am shooting a youtube video explaining how this works and showing my rigs right now, will be up in a few

edit:

second that, ill post contracts for sale on Bitcoin-OTC in the next hour or so. Almost done setting up.

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shakaru (OP)
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June 12, 2011, 06:23:24 PM
 #23

I just places 200 1 btc contracts for 240% return for 21 days (1btc = 2.4btc over 21 days) on Bitcoin-otc.com with order number 3935 under this name here. Enjoy

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Sukrim
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June 12, 2011, 06:58:32 PM
 #24

Put up your offers on https://bitoption.org/ - there you can NOT wiggle yourself out (PGP nice and fair, but as long as I don't have a lot of RL data I can't sue you anyways).

I like this idea, but how can I set what rate i want to payout for each btc invested? I dont see how this can help besides giving someone the option to trade the option.

Just read the help function or ask in the forum for details.
There are some explanations here, for example: https://forum.bitcoin.org/index.php?topic=9611.120

I strongly warn ANYONE of making deals just based on some PGP certificate (like on OTC). Bitoptions are backed by bitcoins/USD on MtGox, so they are far more secure for this kind of deal.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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June 12, 2011, 07:06:08 PM
 #25


I like this idea, but how can I set what rate i want to payout for each btc invested? I dont see how this can help besides giving someone the option to trade the option.

Very simple my friend, you sell short an option at the discount.

For example, right now BTC trades at 20 $

And you wanna offer ppl a 30 day investment ponzi certificate that expires after 30 days and pays off 200%. Then you sell short a call option at strike price 4.99$ premium 0.01$. You get 5$ and the investor can get the 200%.

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June 13, 2011, 11:31:21 AM
 #26

Everything i'm reading here doesn't make any sense and numbers are inconsistent.

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