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Author Topic: 1. 2. 3. Binary Bitcoin Options => 85% profit/hour  (Read 1618 times)
concurx (OP)
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May 10, 2013, 10:59:33 PM
Last edit: May 16, 2013, 12:38:18 PM by concurx
 #1

http://booyax.com

https://i.imgur.com/4KeCfpv.jpg

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BigZee
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May 10, 2013, 11:40:07 PM
 #2

Some more details on how this works?
concurx (OP)
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May 11, 2013, 01:43:35 PM
 #3

https://en.wikipedia.org/wiki/Binary_option

http://bitcoincharts.com/charts/mtgoxUSD

You deal with two values:
Price payment is recieved;
Price +60 mins.

zordmix
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May 11, 2013, 01:53:48 PM
 #4

Why not just speculate on any of those trusted markets?
Why to trust you?
Why limit yourself to "1 hour" speculation only?
Why to pay 15% fee to you when btc-e.com has 0.2%?
koincollector
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May 11, 2013, 01:56:40 PM
 #5

Send away if your happy enough to gift the OP Grin
Kazimir
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May 11, 2013, 02:03:46 PM
 #6

Suppose I send 3000 BTC to the green address, and bitcoin goes up. How can I be sure you have a spare 2550 BTC (besides my original 3000 BTC) to pay me?

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
Kazimir
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May 11, 2013, 02:06:50 PM
 #7

Why to pay 15% fee to you when btc-e.com has 0.2%?
Well that makes kinda sense: if bitcoin goes up 1%, on btc-e or any other exchange you'll only earn 1% (minus fees), instead of 85%.
Then again, if goes down 1%, you'll lose 1% instead of 100% Smiley

I guess it's kinda like a leverage derivate of Bitcoin. But since I don't see how we can trust the owner, I'd not invest in this. Not saying he's untrustworthy, just saying we have no way to tell.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
koincollector
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May 11, 2013, 02:12:16 PM
 #8

Suppose I send 3000 BTC to the green address, and bitcoin goes up. How can I be sure you have a spare 2550 BTC (besides my original 3000 BTC) to pay me?

Test it out and let us know the outcome Grin
bananenplukker
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May 11, 2013, 02:31:15 PM
 #9

I think it's an interesting concept. It's not about where the bitcoin will end, just whether it is up or down
Mitchell
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May 11, 2013, 02:33:18 PM
 #10

Looks like a scam to me. Do you have proof that you will pay?

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concurx (OP)
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May 11, 2013, 08:52:12 PM
 #11

Give me your address.
Will send you some to try it out.
psystyle
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May 11, 2013, 09:31:27 PM
 #12

Looks like a scam to me. Do you have proof that you will pay?
agree
NutCoin
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May 11, 2013, 10:01:10 PM
 #13

Guys, 'binary options' are a complete rip off. But if you're going to bet on binary options at least do it with a reputable company. Anyone from the UK will probably want to read this review (one of the largest binary betting companies in the UK recently opened their doors to bitcoin) - http://www.fortunespreads.com/updates/ig-adopts-bitcoin-virtual-currency/
grue
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May 11, 2013, 10:04:48 PM
 #14

i imagine that this will work for the first week but once it gets popular, it will magically stop paying out.

It is pitch black. You are likely to be eaten by a grue.

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Mitchell
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May 12, 2013, 04:04:04 PM
 #15

Give me your address.
Will send you some to try it out.

Sure, 1DVF8AW4fqBNU5QCqhpEoktyJBXo73yb4S
My special bet address. Which is kinda emtpy right now.

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FaradayC
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May 12, 2013, 04:13:49 PM
 #16

Seems like a scam...
RAMZA
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May 12, 2013, 04:53:08 PM
 #17

Scam +1
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May 12, 2013, 04:54:14 PM
 #18

cant wait to hear the results of this one! Hell, I will start depositing!
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May 12, 2013, 05:02:34 PM
 #19

Give me your address.
Will send you some to try it out.


13rC9hdMPDYQKsjdArpocAUmZvbfXzMNez

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
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May 12, 2013, 05:13:58 PM
 #20

Any proof that this is a legitimate enterprise?

www.hosterbox.com - really good web hosting (accepts bitcoins)
(disclaimer - I am not affiliated with hosterbox in any way)
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