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Luckybit
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July 02, 2013, 11:19:19 PM |
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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. |
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MikkisJ
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Activity: 126
Merit: 11
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July 02, 2013, 11:32:59 PM |
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How large in the next batch of USB miners that shoud come in 1 week?
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nubbins
Legendary
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Activity: 1554
Merit: 1009
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July 03, 2013, 12:39:14 AM |
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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!  We're in Vancouver. :-) St. John's  |
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velacreations
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July 03, 2013, 12:46:22 AM |
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We just hit 5 btc/share on BTCT.co
Congrats everyone!
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SOSLOVE868
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July 03, 2013, 12:47:32 AM |
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We just hit 5 btc/share on BTCT.co
Congrats everyone!
To the moon. |
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SOSLOVE868
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July 03, 2013, 12:50:10 AM |
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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. |
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teek
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July 03, 2013, 12:54:59 AM |
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Canadian here at WTCR.ca!
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empoweoqwj
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July 03, 2013, 01:14:41 AM |
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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  |
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freedomno1
Legendary
Offline
Activity: 1820
Merit: 1090
Learning the troll avoidance button :)
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July 03, 2013, 01:43:34 AM
Last edit: July 03, 2013, 02:47:04 AM by freedomno1 |
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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! 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 |
Believing in Bitcoins and it's ability to change the world
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aahzmundus
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July 03, 2013, 02:13:34 AM |
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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! |
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cp1
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July 03, 2013, 02:45:25 AM |
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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  |
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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July 03, 2013, 03:02:18 AM |
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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! 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 Another Vancouverite who loves Wednesdays. |
Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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joele
Legendary
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Activity: 1022
Merit: 1000
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July 03, 2013, 03:08:56 AM |
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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. |
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mupartee
Newbie
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Activity: 26
Merit: 0
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July 03, 2013, 03:30:09 AM |
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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...
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tinus42
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July 03, 2013, 03:47:21 AM |
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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! 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 Another Vancouverite who loves Wednesdays. All those Canadians. Am I the only Dutch shareholder?  |
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Dumbastronaut
Member
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Activity: 126
Merit: 16
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July 03, 2013, 04:00:08 AM |
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South Florida shareholders represent!
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@Astronode
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mupartee
Newbie
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Activity: 26
Merit: 0
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July 03, 2013, 04:14:35 AM |
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Thanks freedomno1, I'll check them out... |
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freedomno1
Legendary
Offline
Activity: 1820
Merit: 1090
Learning the troll avoidance button :)
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July 03, 2013, 04:17:14 AM |
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Thanks freedomno1, I'll check them out... My personal favorite is the Wealthy Barber for a really simple way to explain it like a 5-year old but not sure where to find that Url Best of luck though Dividend day approaches |
Believing in Bitcoins and it's ability to change the world
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Eric Muyser
Full Member
Offline
Activity: 224
Merit: 100
You can't kill math.
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July 03, 2013, 04:18:32 AM |
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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! 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 Another Vancouverite who loves Wednesdays. All those Canadians. Am I the only Dutch shareholder? Dutch Canadian who loves Wednesdays in Vancouver (only 50% by blood/heritage) |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
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