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Topic: Its not bottom yet. It will crash under 100 just wait for it. - page 2. (Read 4970 times)

legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
You lose, the price start to creep up
full member
Activity: 350
Merit: 100
ruski, lay out the contract bug guy, i want some sort of security on my money, that you won;t run away with it,
and i'll buy puts at 132 dollars

The only security I can give you is my public word.

I PMed you the contract details.

Quote
$120USD strike price, european option, can only exercise on midnight, 1st May, GMT.
At the current price of $133 I'll sell you these for $17, or 0.12781954 BTC per 1 BTC.

A 5 day put at those rates?  My monies on ruski to clean up.



 Wink
sr. member
Activity: 476
Merit: 250
ruski, lay out the contract bug guy, i want some sort of security on my money, that you won;t run away with it,
and i'll buy puts at 132 dollars

The only security I can give you is my public word.

I PMed you the contract details.

Quote
$120USD strike price, european option, can only exercise on midnight, 1st May, GMT.
At the current price of $133 I'll sell you these for $17, or 0.12781954 BTC per 1 BTC.

A 5 day put at those rates?  My monies on ruski to clean up.

newbie
Activity: 14
Merit: 0
i'll have a look
full member
Activity: 350
Merit: 100
i read it, still no security on my money, is their a website we can use, which uses escrow for puts trading
sorry i jsut feel very uncomfortable send money over the internet based on 'i can give you my word'

No worries, let me know when you find one...
newbie
Activity: 14
Merit: 0
i read it, still no security on my money, is their a website we can use, which uses escrow for puts trading
sorry i jsut feel very uncomfortable send money over the internet based on 'i can give you my word'
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
You can't just call "a bottom" you need to specify a time-frame.

And not every downwards movement is a 'crash'.

The only reliable rule with trends seems to be (in my very humble opinion) that as soon as people see the shape of the trend we are in, they have ended it by recognising it and altering their actions.

A bit existentialist for a Friday morning I know Tongue but I am a firm believer in the power of mass psychology in money markets.

I'm not too sure what people seek to gain from all these, "I know where the market is headed, watch, see how right I am!" type posts.

I'd rather gain money from being right. My accountant says I can't bank ego, post-counts or up-votes Wink
full member
Activity: 350
Merit: 100
ruski, lay out the contract bug guy, i want some sort of security on my money, that you won;t run away with it,
and i'll buy puts at 132 dollars

The only security I can give you is my public word.

I PMed you the contract details.

Quote
$120USD strike price, european option, can only exercise on midnight, 1st May, GMT.
At the current price of $133 I'll sell you these for $17, or 0.12781954 BTC per 1 BTC.
newbie
Activity: 14
Merit: 0
i'll buy 1000 dollars worth of puts
newbie
Activity: 14
Merit: 0
ruski, lay out the contract bug guy, i want some sort of security on my money, that you won;t run away with it,
and i'll buy puts at 132 dollars
legendary
Activity: 2097
Merit: 1070
I remember the big crash from $266. Look at the daily chart for April 10/11 it looks very much like the current situation, we're just getting started on the second red candle and so far $120 has held out.

People were saying the exact same things on the second red candle after the dip from $266. It will never go down, hold your coins, etc

It did go down lower than $100 and reached $50 in the end.

This can happen again easily all it requires is a lot of peple to sell.

However low it goes it will bounce many many times.

Back on the daily chart this current situation looks like the first bounce in a larger crash which is taking a few weeks to play out.

The first top was $266, the second one $144.99, the third top is anyone's guess at the moment.


full member
Activity: 350
Merit: 100
Sorry buddy, looking at the choices for options trading. There doesn't seem to be much around.

We could do it publicly, I suppose.
newbie
Activity: 14
Merit: 0
pretty silent there rusk,
i am so game on the puts
infact i consider it free money
newbie
Activity: 14
Merit: 0
ooo, i'm going to make some more dollar woooopeee
newbie
Activity: 14
Merit: 0
ruski, i want to ensure that you will keep to your word, os i want to know how i would be able to put puts off you.
newbie
Activity: 14
Merit: 0
how would we do this?
full member
Activity: 350
Merit: 100
time to sell in my opinion, any bets the price will go down on saturday ?

Sure buddy. I've got as many puts to sell as you're able to buy.
newbie
Activity: 14
Merit: 0
time to sell in my opinion, any bets the price will go down on saturday ?
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
no walls, precisely, after a dip, what does that mean Huh?? what has it always meant, what did it mean when there were no walls from 255 dollars, to 150 dollars, hmmm, CRASH AND BURN, its a small resistance atm, optimists and fools, weak hands, its going to burn
Market is having a break. There is still strong resistance at $120, and above on other exchanges.

No evidence we're going to see further falls at the moment. This is precisely the time to buy in.
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