Bitcoin Forum
November 30, 2022, 09:56:56 PM *
News: Reminder: do not keep your money in online accounts
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 [455] 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914552 times)
canth
Legendary
*
Offline Offline

Activity: 1442
Merit: 1001



View Profile
July 02, 2013, 09:35:44 PM
 #9081


I honestly don't know and I can't find anything on btct.co, could you explain it for me?


Instead of buying real shares you can buy options for just a "premium price" and call for real shares later.
(Or don't call if those don't rise in price).
This allows for two things: less capital for investment (until you call) and less capital at risk (you can lose only what you paid for options).

Put options are opposite. When you write option and somebody buys them you promise to buy back shares (if requested) at that specified price.
Even if they are not worth that price.

So both things are kinds of bet.


And in this case, it appears someone bought a put option to purchase 1 share with a strike price of BTC3.5, nearly 100x above the market price.

1669845416
Hero Member
*
Offline Offline

Posts: 1669845416

View Profile Personal Message (Offline)

Ignore
1669845416
Reply with quote  #2

1669845416
Report to moderator
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1669845416
Hero Member
*
Offline Offline

Posts: 1669845416

View Profile Personal Message (Offline)

Ignore
1669845416
Reply with quote  #2

1669845416
Report to moderator
cp1
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Stop using branwallets


View Profile
July 02, 2013, 09:41:32 PM
 #9082

And in this case, it appears someone bought a put option to purchase 1 share with a strike price of BTC3.5, nearly 100x above the market price.

Yeah, big difference between TAT.ASICMINER and ASICMINER-PT

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
chkgk
Member
**
Offline Offline

Activity: 63
Merit: 10


View Profile
July 02, 2013, 09:45:01 PM
 #9083

Call and Put Options can be very risky instruments for inexperienced investors / traders.
Please make sure you understand them completely before using them.
http://en.wikipedia.org/wiki/Call_option
http://en.wikipedia.org/wiki/Put_option
ThunderSheep
Member
**
Offline Offline

Activity: 88
Merit: 10


The sheep who walks through walls.


View Profile
July 02, 2013, 10:34:21 PM
 #9084

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked
JordanL
Donator
Sr. Member
*
Offline Offline

Activity: 294
Merit: 250



View Profile
July 02, 2013, 11:06:02 PM
 #9085

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)
Luckybit
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
July 02, 2013, 11:19:19 PM
 #9086

Step away for a week and the price has EXPLODED!  Pleasant pleasant surprise.  Where do you think the ceiling is?  Still time to buy in more?

I think the ceiling is around 12BTC per share. I think we will surpass 6 this week and be halfway to what I'd consider to be the reasonable ceiling. If it goes higher than 12BTC per share then we know it's just a bubble. Big players will sell at around 10BTC per share which is why I put 12 as a ceiling because it's psychological similar to when BTC passed $100 the first time.

Everybody who got in at 2.5-3 are in a position to keep buying more shares. If you're just getting in now at 5BTC a share you may still profit, and anyone getting in at 6BTC is just speculating that it will get to 10. I predict it will go as high as it can go until a big player decides to sell and even if they do sell it only buys us some time, maybe a couple weeks.

MikkisJ
Member
**
Offline Offline

Activity: 115
Merit: 10


View Profile
July 02, 2013, 11:32:59 PM
 #9087

How large in the next batch of USB miners that shoud come in 1 week?
nubbins
Legendary
*
Offline Offline

Activity: 1554
Merit: 1009



View Profile
July 03, 2013, 12:39:14 AM
 #9088

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)

St. John's  Grin

No longer buying/selling Casascius coins. Beware scammers.
My OTC Web of Trust ratings / What's a PGP chain of custody?
velacreations
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
July 03, 2013, 12:46:22 AM
 #9089

We just hit 5 btc/share on BTCT.co

Congrats everyone!

SOSLOVE868
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
July 03, 2013, 12:47:32 AM
 #9090

We just hit 5 btc/share on BTCT.co

Congrats everyone!
To the moon.
SOSLOVE868
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
July 03, 2013, 12:50:10 AM
 #9091


I honestly don't know and I can't find anything on btct.co, could you explain it for me?


Instead of buying real shares you can buy options for just a "premium price" and call for real shares later.
(Or don't call if those don't rise in price).
This allows for two things: less capital for investment (until you call) and less capital at risk (you can lose only what you paid for options).

Put options are opposite. When you write option and somebody buys them you promise to buy back shares (if requested) at that specified price.
Even if they are not worth that price.

So both things are kinds of bet.


And in this case, it appears someone bought a put option to purchase 1 share with a strike price of BTC3.5, nearly 100x above the market price.

The only thing is you can make a mistake with the button on BTCT...it just one click then you will no chance to regret.
teek
Hero Member
*****
Offline Offline

Activity: 667
Merit: 500



View Profile
July 03, 2013, 12:54:59 AM
 #9092

Canadian here at WTCR.ca!
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
July 03, 2013, 01:14:41 AM
 #9093

Step away for a week and the price has EXPLODED!  Pleasant pleasant surprise.  Where do you think the ceiling is?  Still time to buy in more?

I think the ceiling is around 12BTC per share. I think we will surpass 6 this week and be halfway to what I'd consider to be the reasonable ceiling. If it goes higher than 12BTC per share then we know it's just a bubble. Big players will sell at around 10BTC per share which is why I put 12 as a ceiling because it's psychological similar to when BTC passed $100 the first time.

Everybody who got in at 2.5-3 are in a position to keep buying more shares. If you're just getting in now at 5BTC a share you may still profit, and anyone getting in at 6BTC is just speculating that it will get to 10. I predict it will go as high as it can go until a big player decides to sell and even if they do sell it only buys us some time, maybe a couple weeks.



Pure bubble-boy talk. The train to bubble-town has left the station  Cool
freedomno1
Legendary
*
Offline Offline

Activity: 1722
Merit: 1070


Learning the troll avoidance button :)


View Profile WWW
July 03, 2013, 01:43:34 AM
Last edit: July 03, 2013, 02:47:04 AM by freedomno1
 #9094

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)

Alberta!!! RD And thriving after all that flooding
If I knew their were that many Canadians here would have said Happy Canada day in the thread  Grin
aahzmundus
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Invest & Earn: https://cloudthink.io


View Profile
July 03, 2013, 02:13:34 AM
 #9095


I honestly don't know and I can't find anything on btct.co, could you explain it for me?


Instead of buying real shares you can buy options for just a "premium price" and call for real shares later.
(Or don't call if those don't rise in price).
This allows for two things: less capital for investment (until you call) and less capital at risk (you can lose only what you paid for options).

Put options are opposite. When you write option and somebody buys them you promise to buy back shares (if requested) at that specified price.
Even if they are not worth that price.

So both things are kinds of bet.


And in this case, it appears someone bought a put option to purchase 1 share with a strike price of BTC3.5, nearly 100x above the market price.

Yeah... that was me.  the book on options im readng said options are ALWAYS on groups of 100 shares. When I saw the escrow for the option I set up was for .035 I knew something was wrong... Instead of assuming the number of shares were wrong (the correct answer, stupid book... i believed you!) I assumed maybe the strike price was for the whole block and not the individual share.

I basically just paid to learn options, when I really think of it though my mistake cost me less then it would have to sign up for some class and learn probably.  I am not mad, it was my ignorance that got me, back to reading about options!

cp1
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Stop using branwallets


View Profile
July 03, 2013, 02:45:25 AM
 #9096


Yeah... that was me.  the book on options im readng said options are ALWAYS on groups of 100 shares. When I saw the escrow for the option I set up was for .035 I knew something was wrong... Instead of assuming the number of shares were wrong (the correct answer, stupid book... i believed you!) I assumed maybe the strike price was for the whole block and not the individual share.

I basically just paid to learn options, when I really think of it though my mistake cost me less then it would have to sign up for some class and learn probably.  I am not mad, it was my ignorance that got me, back to reading about options!

Oof -- sorry to hear that Sad

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
July 03, 2013, 03:02:18 AM
 #9097

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)

Alberta!!! RD And thriving after all that flooding
If I knew their were that many Canadians here would have said Happy Canada day in the thread  Grin

Another Vancouverite who loves Wednesdays.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
joele
Legendary
*
Offline Offline

Activity: 1022
Merit: 1000



View Profile
July 03, 2013, 03:08:56 AM
 #9098

We just hit 5 btc/share on BTCT.co

Congrats everyone!

I just sold some of my shares @ 4.32, I need to borrow a time machine.
mupartee
Newbie
*
Offline Offline

Activity: 26
Merit: 0



View Profile
July 03, 2013, 03:30:09 AM
 #9099

I'm a little new to the shares world, can I get this explained to me like a 5-year-old? Sorry for the inconvenience but I would like to buy in if it's a good option, but I'm not sure where to start. I love bitcoin and support everything it stands for, but if it doesn't start to become a little more easy to understand and handle, then that will only slow it down for mainstream adoption. Although I'm not a genius, I'm also not an idiot, and the learning curve here for the non-economic and non-techy types like myself is tremendous...
tinus42
Hero Member
*****
Offline Offline

Activity: 784
Merit: 501



View Profile
July 03, 2013, 03:47:21 AM
 #9100

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)

Alberta!!! RD And thriving after all that flooding
If I knew their were that many Canadians here would have said Happy Canada day in the thread  Grin

Another Vancouverite who loves Wednesdays.

All those Canadians. Am I the only Dutch shareholder? Roll Eyes
Pages: « 1 ... 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 [455] 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 ... 1348 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!