BitCoin - Intellectual Fraud or a Stunning Idea??

[atticus]

Quote from stock777:

739
-536
--------
203
/536=

0.378731343 or 37%.

I was just rounding it for ease of discussion. Thats not the objection bwolinsky was making Im sure. For you to hammer at that, proves your twatness.

Asswipe.

Ur brilliant, dude. Clearly.

 

[stock777]

Atticus
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Atticus, a Latin name meaning "Man of Attica", may refer to any of:

People

Titus Pomponius Atticus (112/109 BC – 35/32 BC), ancient Roman littérateur / philosopher


Pomponius , where we get the term, pompous ass. You are well named, moron.

 

[atticus]

Quote from stock777:

you seem to be 1000% percent wrong here. I'll help you out.

total capital 5 and change? his risk even less than that, much less. I understate the profit , you seem to think I overstate it. bad math on your part.

if you buy an option for 500 and sell it for 750, what is your gain?


makes 200 overnight? just like that?

we're in the wrong business dude.

is there anything about bitcon that doesn't reek of bullshit?

 

[bwolinsky]

Quote from stock777:

you seem to be 1000% percent wrong here. I'll help you out.

total capital 5 and change? his risk even less than that, much less. I understate the profit , you seem to think I overstate it. bad math on your part.

if you buy an option for 500 and sell it for 750, what is your gain?


makes 200 overnight? just like that?

we're in the wrong business dude.

is there anything about bitcon that doesn't reek of bullshit?

So it's the instrument for you.

Please calculate the hypothetical profit of 10 NQ options on futures netting 200 points starting ATM . Yes way into the thousands of percent in a few weeks.

 

[Pekelo]

Well, in the last 24 hours there weren't enough moves, but the previous 1-2 days Bitcoin was rollercoasting from 80 to 120 back to 95, so him trading 5 coins at a time, it is not impossible to make 200+ with 6 trades.... He didn't mention the cost of the program... Also, it is possible it won't work that well in the future....

 

[stock777]

Quote from bwolinsky:

So it's the instrument for you.

Please calculate the hypothetical profit of 10 NQ options on futures netting 200 points starting ATM . Yes way into the thousands of percent in a few weeks.

why would you want to compare a large spread/zero leverage trade with an option?

is this trading 101?

someone claims to have bought some 'bot' that traded a lunatic market near perfectly by some strange coincidence.

i guess your bs meter is on a different scale than mine

 

[Pekelo]

Interview with a Bitcoin trader (he apparently traded options on it too):

http://wtbtc.com/interview-with-a-bitcoin-power-trader?via=twitter

Link to his charts:

http://imgur.com/a/EsExY

 

[Pekelo]

The end might have started:

"As of 12:13 PM on 5/14/2013, the U.S. District Court for the District of Maryland issued a "Seizure Warrant" for the funds associated with Mutum Sigillum's Dwolla account (a.k.a. Mt. Gox). In light of the court order, procured by the Department of Homeland Security, Dwolla has seized account activities with Dwolla services for Mutum Sigillum."


http://www.reddit.com/r/Bitcoin/com...ed_to_do_business_with_mtgox/?sort=confidence

BTC is down $10 after going quite steady for a few days....

As a result:

"Camp BX can't handle the added stress... their site is not responding now."

--------------------------

Funniest comment:

"Since when did DHS give a damn what any other agency says or does OR what the Constitution and Bill of Rights says?

Edit: Just had a knock on my door. I have been informed that the DHS does care what other agencies and the Constitution says.

OK I said it can I have my pc back? please don't unplu"

 

[benwm]

Gold weak again - seem to recall it got trashed last time Bitcoin sold off hard. Maybe just a coincidence?

Bitcoins are about to...bitcoin the dust!

 

[mutluit]

No power on earth will be able to silence the bitcoin movement!
Fact is fact!

Virtual currencies are legal, look who else has other virtual currencies...