Author

Topic: CALLING ALL SHORTS (Read 2133 times)

newbie
Activity: 56
Merit: 0
June 07, 2011, 01:40:47 PM
#16
jed, great.

Re: enforcement -- it's all escrowed, so no worries about trading partners.
sr. member
Activity: 462
Merit: 250
June 07, 2011, 01:22:35 PM
#15
How do you enforce contracts?
jed
full member
Activity: 182
Merit: 107
Jed McCaleb
June 07, 2011, 11:57:39 AM
#14
my password was shorter than 9 characters. but I tried again with a longer version and it did the same thing. I think it maybe because my password had a '#' in it? I tried a different one and it worked.
newbie
Activity: 56
Merit: 0
June 06, 2011, 10:00:02 PM
#13
@jed, from the logs, it looks like you didn't enter a password, or yours was too short.. You need a nine character password. If you still have trouble, email me, and I'll get you sorted. The system should complain about a short password, though, so it's a little mysterious.

@buryfarmer, on my side, the ledger that I expect is associated with your account reads 10.0 BTC. Can you confirm that you still get the empty report on your side? It does take a while for confirmation.
hero member
Activity: 548
Merit: 502
So much code.
June 06, 2011, 09:54:55 PM
#12
Are these European or American style options?

They are American options.
jed
full member
Activity: 182
Merit: 107
Jed McCaleb
June 06, 2011, 09:41:47 PM
#11
I get " there was some sort of problem. Try again." when I try to register.
Are these European or American style options?
member
Activity: 71
Merit: 10
hi
June 06, 2011, 01:07:03 PM
#10
my balance currently shows:

{"obligations": {"msg": "Obligations includes all written unexercised contracts", "usd": "0", "btc": "0"}, "balances": [["BTC", "0.000000"], ["USD", "0.000000"]]}

it should show 10btc
newbie
Activity: 56
Merit: 0
June 06, 2011, 11:18:50 AM
#9
Re: pricing, what I'm going to do is provide a little switch that will re-render either way. We need to store in BTC for USD because we are also going to do BTC for other underlying items.

Re: BTC for BTC, we launched with that, but it was really confusing.
legendary
Activity: 1400
Merit: 1005
June 06, 2011, 10:35:20 AM
#8
Sorry, I'm wearing pants today.




Grin

member
Activity: 84
Merit: 10
June 06, 2011, 10:33:38 AM
#7
No! Expand to allow put/call options in different currencies as long as BTC is one of them. I'd prefer to hedge my btc in btc.
hero member
Activity: 548
Merit: 502
So much code.
June 06, 2011, 08:56:31 AM
#6
I also agree about USD pricing, as that is what the MtGox exchange presents its prices as. Since you're using MtGox data, it would be best to match.
sr. member
Activity: 254
Merit: 250
June 06, 2011, 06:52:28 AM
#5
nice.
You should really switch it so the prices are quoted in USD rather than BTC since that is what everyone is used to thinking in. It is a bit annoying to have to go 1/x on everything.
yeah maybe it's better to use USD for strike price and for call/put price.
jed
full member
Activity: 182
Merit: 107
Jed McCaleb
June 06, 2011, 06:35:43 AM
#4
nice.
You should really switch it so the prices are quoted in USD rather than BTC since that is what everyone is used to thinking in. It is a bit annoying to have to go 1/x on everything.
sr. member
Activity: 254
Merit: 250
June 06, 2011, 06:26:51 AM
#3
you should increase the session timeout, every 5 min or so i've to login again.
thanks
full member
Activity: 210
Merit: 100
June 06, 2011, 05:17:28 AM
#2
Thumbs up Smiley

I have a put option up, anyone who believes bitcoin will trade below 20$ in september should short it, if you do and it does trade below 20$ you will PROFIT!
newbie
Activity: 56
Merit: 0
June 06, 2011, 05:14:07 AM
#1
Shorts,

You know who you are. It is time to put your money where your mouth is, and do some option trading.

https://bitoption.org is up and running. It will keep gaining features this week, but there are currently over $1k USD in options offers on the site, and more coming in quickly.

I'll look forward to seeing those bear trades roll in.

You now have a way to actively trade against BTC; enjoy! I have had fun building it.

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