ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 894.

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: JordanL on July 02, 2013, 06:06:02 PM

Quote from: ThunderSheep on July 02, 2013, 05:34:21 PM

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

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

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: Luckybit on July 02, 2013, 06:19:19 PM

Quote from: Simonsays on July 02, 2013, 11:16:17 AM

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

teek

hero member

Activity: 667

Merit: 500

Canadian here at WTCR.ca!

SOSLOVE868

sr. member

Activity: 378

Merit: 250

Quote from: canth on July 02, 2013, 04:35:44 PM

Quote from: hammurabi on July 02, 2013, 04:12:22 PM

Quote from: SvanteH on July 02, 2013, 03:59:58 PM

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.

SOSLOVE868

sr. member

Activity: 378

Merit: 250

Quote from: velacreations on July 02, 2013, 07:46:22 PM

We just hit 5 btc/share on BTCT.co

Congrats everyone!

To the moon.

velacreations

sr. member

Activity: 476

Merit: 250

We just hit 5 btc/share on BTCT.co

Congrats everyone!

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: JordanL on July 02, 2013, 06:06:02 PM

Quote from: ThunderSheep on July 02, 2013, 05:34:21 PM

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

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

MikkisJ

member

Activity: 126

Merit: 11

How large in the next batch of USB miners that shoud come in 1 week?

Luckybit

hero member

Activity: 714

Merit: 510

Quote from: Simonsays on July 02, 2013, 11:16:17 AM

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.

JordanL

donator

Activity: 294

Merit: 250

Quote from: ThunderSheep on July 02, 2013, 05:34:21 PM

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

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. :-)

ThunderSheep

member

Activity: 88

Merit: 10

The sheep who walks through walls.

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

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

chkgk

member

Activity: 63

Merit: 10

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

cp1

hero member

Activity: 616

Merit: 500

Stop using branwallets

Quote from: canth on July 02, 2013, 04:35:44 PM

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

canth

legendary

Activity: 1442

Merit: 1001

Quote from: hammurabi on July 02, 2013, 04:12:22 PM

Quote from: SvanteH on July 02, 2013, 03:59:58 PM

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.

CMMPro

hero member

Activity: 588

Merit: 500

Canadian here too...Guelph, Ontario.

hammurabi

full member

Activity: 223

Merit: 100

Quote from: SvanteH on July 02, 2013, 03:59:58 PM

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.

tkone

full member

Activity: 168

Merit: 100

aw cmon the price rising so fast, there goes my ideas of buying more with dividends Sad

ughhh... really guys? can we just keep price atleast stable for a few weeks of dividends? maybe a few months?

lets stop this crazy rise, maybe we can somehow arrange a huge wall or something this way it doesnt go up, and atleast we can reinvest some dividends.... the way its meant to be done

SvanteH

newbie

Activity: 8

Merit: 0

Quote from: canth on July 02, 2013, 11:11:43 AM

Quote from: ThickAsThieves on July 02, 2013, 11:06:37 AM

Quote from: aahzmundus on July 02, 2013, 11:03:33 AM

To whoever just bought that put on 1 TAT share on BTC-TC. You are welcome.

Options are fun, ignorance is bliss, and learning is expensive!

Quote

Hello,

This is a Exercised Option purchase confirmation.

Account: Aahzmundus
Security: TAT.ASICMINER
Shares: 1 @ 3.50000000 BTC
Total Paid: 3.50875 BTC

Thank you for using BTC-TC

Cue a dozen assholes trying to fish for the same trick.

Meh. If the most you lose is 1-2BTC learning about how options work, that's a small price IMO.

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

RippleCoins

newbie

Activity: 13

Merit: 0

HOLY. I went away for a week not catching up with bitcoin and did not buy in when I wanted to.

Now i don'tknow if i should buy in now help!

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Ask burnside for a X10 market value on the options rule Wink

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 894. (Read 3917568 times)