[ANN] OPTION COIN -NEW WALLET!!! PLEASE UPDAE BEFORE 20 GMT 07/06/2015!! - page 13.

VikingShibe

newbie

Activity: 19

Merit: 0

Option seems like a good option. I think I might opt for it.

gregofdoom

legendary

Activity: 1834

Merit: 1006

That probably to no one expected Shocked

Great start by the ICO.

Who knows if today we see 500sat and bittrex ...

placebo

legendary

Activity: 1120

Merit: 1000

Always nice those images, i can always use those on other threads Cheesy

issie81

hero member

Activity: 760

Merit: 500

CryptoZilla

Fudders be like

hate it or love it ain't no option no more, we want Option Grin

optioncoin

newbie

Activity: 25

Merit: 0

http://i.imgur.com/BDS1LSd.png

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

guys there is ONLY one way to stop this ICO bullshit, STOP BUYING, and they will stop creating. The ONLY reason they keep making them, is because they are profiting from scamming!!

optioncoin

newbie

Activity: 25

Merit: 0

FREE DISTRIBUTION START IN:

http://www.pending.me.uk/cd/tur_1433437200.png

How to clam it:

1. Follow us on Twitter -> https://twitter.com/optioncoin
2. RT our messages
3. Post your BCT user and your Option address
4. Based on your level you will receive some free coins, how higher your BCT ranking how more FREE OPTION coins you will receive.
5. SCAMMER will not receive any option coins.
6. Tweet about OPTION to Trex, Cryptsy, Poloniex, C-CEX to receive more option coins.

megadestruct61

sr. member

Activity: 334

Merit: 250

Quote from: optioncoin on June 03, 2015, 09:28:10 AM

Example:

I open a call option on BTC at $300. The option cost me $2 and will expire in August. You have a person that opens a option and you have a person that close this option. The person that agree will receive $2 as premine, his BTC will be locked till August. If BTC is trading below $300 then he won that $2 and the person that open the call option lost his $2, if BTC is trading above $300, for example $350 then the person that close the option HAVE to sell his BTC for $300 to the person that opened the call, and this means that this person can resell that BTC on the market and made a profit of $50 on his investment of $2, so 2500% profit. the person that close the option sold his BTC at $300 + $2 (premine) so his value of BTC that he sold was $302 and meaning that he could have sold his BTC at $350 at current market conditions so he indirectly lost $48, in the situation it was below $300 then he won $2 without doing anything just that 1 BTC was locked in his account.

Your example does not explain how the market will function. What platform do you agree on? Where are the details of the option contract listed and traded? Where are the funds locked away during the option contract period? Who enforces the option at expiration?

You more or less just showed an example of how options work not how any type of trading platform would work. Have fun with your bags guys don't say I didn't warn ya.

megadestruct61

sr. member

Activity: 334

Merit: 250

Quote from: ShoeOnHead on June 03, 2015, 11:15:57 AM

Quote from: Viecoin on June 03, 2015, 11:13:39 AM

ICO already dumped on yobit

https://yobit.net/en/trade/OPTION/BTC

Don't worry Placebo1977 is hyping it in the Yobit trollbox.

You know what time it is when he shows up!

I don't understand how your option trading will be enforced. So if you buy a call option does the person who sells the call option pay you the difference if you make money on the trade? At any rate every single coin I've ever seen placebo talking up has been a scam so you all have fun.

ShoeOnHead

member

Activity: 70

Merit: 10