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Topic: [ANN] Coinut.com - The only Bitcoin Options Exchange [beta] - page 8. (Read 34192 times)

newbie
Activity: 24
Merit: 0
btc-e isn't used anymore.  Also is login broken?
newbie
Activity: 16
Merit: 0
if you tell your users that you use btc-e when it is up, you must use it when it is up.  and you must not use it when the servers are down.  otherwise you are committing fraud.  it does not matter if their servers are intermittently up and down, you must keep update your index in realtime, which you are not doing. for example, btc-e is down right now, but you are factoring it into your index, which is fraud
newbie
Activity: 24
Merit: 0
also, site has been down for hours, no response from staff or anything.  Unable to trade and the prices/volumes shown are completely incorrect.  What is going on??? This is pretty unacceptable
newbie
Activity: 24
Merit: 0
buy some long term put options
newbie
Activity: 24
Merit: 0
spreads getting too large again, and out of the money options are too expensive.  Thursday and Friday were great for trading, today not so much
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Guys, the market maker has decreased the spread for 30-minute binary options to a almost negligible number.

Well good luck to him with negligible spreads.

Did he die though? I just logged in and there's no contracts open.

Check again.
hero member
Activity: 756
Merit: 500
Guys, the market maker has decreased the spread for 30-minute binary options to a almost negligible number.

Well good luck to him with negligible spreads.

Did he die though? I just logged in and there's no contracts open.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Guys, the market maker has decreased the spread for 30-minute binary options to a almost negligible number.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Now if you login, the username of the chat box will be changed automatically. Trade and chat. Enjoy!
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Guys, the market maker has decreased the spread of the 30-minute binary options very significantly.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
As some of you suggested, we need to build a community to make trading easier and more interesting. So we just added a chat box. It's right now minimalism, but will evolve it continuously. If you have any good suggestions, please let us know.

Nice. I remember suggested that.

If it gets busy you might want to appoint some moderators.

Do you want to be one of the moderators?
hero member
Activity: 756
Merit: 500
As some of you suggested, we need to build a community to make trading easier and more interesting. So we just added a chat box. It's right now minimalism, but will evolve it continuously. If you have any good suggestions, please let us know.

Nice. I remember suggested that.

If it gets busy you might want to appoint some moderators.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
As some of you suggested, we need to build a community to make trading easier and more interesting. So we just added a chat box. It's right now minimalism, but will evolve it continuously. If you have any good suggestions, please let us know.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Not sure if this is just a coincidence, but it has happened 20+ times to me in only a few days.  The swings I experienced are statistically unlikely compared to the market history.  Almost every time I buy only a few contracts for the 30 min binaries, like 5-15 contracts, I make money.  Once I start putting major money into the contracts, say 100-200 contracts all spread out, the market price seems to swing completely out of the money for me.  Again, may just be coincidence, but the statistical analysis says the 30 min market maker is manipulating the index.  A prior post mentioned that the staff was looking into an alternative, third party price index.  Has any progress been made on this front?

No, no one can manipulate the price. The index is the average of bid and ask prices of Bitfinex and Bitstamp.
newbie
Activity: 24
Merit: 0
Not sure if this is just a coincidence, but it has happened 20+ times to me in only a few days.  The swings I experienced are statistically unlikely compared to the market history.  Almost every time I buy only a few contracts for the 30 min binaries, like 5-15 contracts, I make money.  Once I start putting major money into the contracts, say 100-200 contracts all spread out, the market price seems to swing completely out of the money for me.  Again, may just be coincidence, but the statistical analysis says the 30 min market maker is manipulating the index.  A prior post mentioned that the staff was looking into an alternative, third party price index.  Has any progress been made on this front?
newbie
Activity: 4
Merit: 0
Going on a 48 hour wait for my latest withdrawal...last one took 12+.

Love the ability to play the options market, but non-automated/long wait withdrawals are a huge red flag. I'm done.

Sorry for the delay. Just processed your withdrawals. The reason we process them manually is to make sure we will not be hacked. We may use service like BitGo to automate the process in the future.

I totally respect manual withdrawals for security reasons...but I get really jumpy when I hit withdraw with no acknowledgement for an indeterminate amount of time.

Maybe autosend an email saying "withdraw request received. Withdrawals are processed manually within (defined time frame). Contact support if it has not been received by (defined future time)" or something like that...
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Going on a 48 hour wait for my latest withdrawal...last one took 12+.

Love the ability to play the options market, but non-automated/long wait withdrawals are a huge red flag. I'm done.

Sorry for the delay. Just processed your withdrawals. The reason we process them manually is to make sure we will not be hacked. We may use service like BitGo to automate the process in the future.
newbie
Activity: 4
Merit: 0
Going on a 48 hour wait for my latest withdrawal...last one took 12+.

Love the ability to play the options market, but non-automated/long wait withdrawals are a huge red flag. I'm done.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Andy here's a glitch, can you take a look?


I'm trying to close some short positions in vanilla call options. The options are deep out-of-the-money so I try to 'close' the position with an order to buy for 0.000002, but I get a message that "Invalid Price: Price cannot be smaller than 0.000001"

I increased my price to 0.000003 and 0.000004 and still get the same error message. I'd like to close these positions so that I can free up my margin.

This should have been fixed. Please check. Thank you for reporting it.
hero member
Activity: 1120
Merit: 554
Andy here's a glitch, can you take a look?


I'm trying to close some short positions in vanilla call options. The options are deep out-of-the-money so I try to 'close' the position with an order to buy for 0.000002, but I get a message that "Invalid Price: Price cannot be smaller than 0.000001"

I increased my price to 0.000003 and 0.000004 and still get the same error message. I'd like to close these positions so that I can free up my margin.
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