ripper234 (OP)
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Activity: 1358
Merit: 1003
Ron Gross
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April 30, 2011, 03:28:55 AM |
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Target date: July 8th. What's you're selling: the promise to sell me up to 1000 BTC at the target date or before (American style), at the price of $4500. (You can promise a smaller amount as well if you don't want to risk as much). At any time between now and the target date, I can choose to redeem any part of this sum. Premium: Name your premium and we'll see if it's attractive enough (either in BTC is USD). All USD currencies are Mt. Gox
We might use ClearCoin as Escrow, depending on who the seller is.
Let the bidding begin (private messages or public, as you wish).
I plan on choosing one of the bids in the next 3-7 days (depending on the number of bids), so whatever bid you make should be made until May 6th.
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demonofelru
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April 30, 2011, 03:28:31 PM |
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I'd be willing to do it but due to how extremely volatile it is you might not like the terms. I'd want a premium of .50 or .16 BTC.
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Names do not matter; however, if you insist...id...
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Ian Maxwell
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April 30, 2011, 04:03:04 PM |
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Demonofelru is just shy because I totally skinned him on a call option not too long ago---and he should be, because I'm worried about getting skinned too!
I won't do 1000, but I'll do 100 at a 0.45 premium (so $45). I have the bitcoins now and can put them in escrow if you like. This is my true valuation---my expected profit/loss from this deal is just about 0---so you won't get a better offer from me unless the market changes.
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Ian Maxwell
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April 30, 2011, 04:46:06 PM |
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My offer is withdrawn.
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BioMike
Legendary
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Activity: 1658
Merit: 1001
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April 30, 2011, 04:46:38 PM |
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My offer is withdrawn.
LOL
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demonofelru
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April 30, 2011, 04:47:24 PM |
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My offer is withdrawn.
ROFL my offer is now 1.00 or .35 BTC.
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Names do not matter; however, if you insist...id...
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demonofelru
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April 30, 2011, 04:49:36 PM Last edit: April 30, 2011, 11:27:49 PM by demonofelru |
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Demonofelru is just shy because I totally skinned him on a call option not too long ago---and he should be, because I'm worried about getting skinned too!
I won't do 1000, but I'll do 100 at a 0.45 premium (so $45). I have the bitcoins now and can put them in escrow if you like. This is my true valuation---my expected profit/loss from this deal is just about 0---so you won't get a better offer from me unless the market changes.
At least my puts look safe for now
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Names do not matter; however, if you insist...id...
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ribuck
Donator
Hero Member
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Activity: 826
Merit: 1060
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April 30, 2011, 04:51:12 PM |
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LOL, someone just traded for $4.15 at MtGox.
I also withdraw the $0.85 quote that I sent by PM.
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demonofelru
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April 30, 2011, 05:04:45 PM |
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My offer for 1.00 or .35 BTC is still valid
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Names do not matter; however, if you insist...id...
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pc
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May 01, 2011, 12:10:35 AM |
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Wow, not only do we need to predict the market itself in 2 months, we need to predict what the market will do over the next week while you consider bids? It might change quite a bit in that time.
Well, okay then. For a premium of 999 BTC, I offer to sell you 1000 BTC for $4500 anytime between now and July 8.
(No, this isn't meant to really be taken seriously, although I'm up for it if you are. The market is just so volatile that the idea of giving options seems like it'd have to be ridiculously expensive. I can see why people would want to hold options to manage the risk, but I can't imagine who would be willing to buy the risk for them unless they just love to gamble.)
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ripper234 (OP)
Legendary
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Activity: 1358
Merit: 1003
Ron Gross
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May 01, 2011, 12:16:25 AM |
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Let's say instead of a week I'd do it tomorrow. I agree, the market is too volatile for such a long time. Any grabbers?
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demonofelru
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May 01, 2011, 12:19:20 AM |
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Let's say instead of a week I'd do it tomorrow. I agree, the market is too volatile for such a long time. Any grabbers?
I already PMed you back but like I said I don't have paypal and it wouldn't be ideal to use it on such a high purchase just too risky.
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Names do not matter; however, if you insist...id...
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