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Topic: Make 20x profit in 30 minutes - page 2. (Read 4340 times)

hero member
Activity: 1120
Merit: 554
June 01, 2015, 10:46:08 AM
#50
Any guarantee i get 5 x profit like hyip ponzi ,,? Or just trade in perfect time,,?

Sorry, there is no guarantee.
I am interested in this but first I want to know some things. So you are saying that I can lost ALL my money on your method and my money are basically gone? So it is exactly gambling.
And now tell me why your option of 'investing' is better than playing standard casino games? Because I feel I have better chance of winning when playing Dice or BlackJack honestly.

Just stick to a casino buddy ... in order to use Coinut one needs some understanding and comfort level with options, which you plainly don't have.
hero member
Activity: 1120
Merit: 554
June 01, 2015, 10:42:45 AM
#49
Is coinut.com a exchange? when it come to gambling section?
 20x is just possible, just as other gambling game.
its not an exchange its a website where you can buy shares and either win or loose money, its a gambling website

It is an options exchange, like CBOE (Chicago Board Options Exchange). Options are typically traded on stocks, indices, and commodities. Of course there are people who use them as part of an investment strategy, some who trade them profitably, and some who simply gamble with them. OP introduced Coinut on the 'Service Announcements' forum, and maintains that thread. He is introducing it here in the Gambling forum because the product can appeal to gamblers.
legendary
Activity: 1862
Merit: 1004
June 01, 2015, 07:02:25 AM
#48
Any guarantee i get 5 x profit like hyip ponzi ,,? Or just trade in perfect time,,?

Sorry, there is no guarantee.
I am interested in this but first I want to know some things. So you are saying that I can lost ALL my money on your method and my money are basically gone? So it is exactly gambling.
And now tell me why your option of 'investing' is better than playing standard casino games? Because I feel I have better chance of winning when playing Dice or BlackJack honestly.
full member
Activity: 238
Merit: 100
★YoBit.Net★ 200+ Coins Exchange & Dice
June 01, 2015, 06:56:54 AM
#47
Is coinut.com a exchange? when it come to gambling section?
 20x is just possible, just as other gambling game.
its not an exchange its a website where you can buy shares and either win or loose money, its a gambling website
hero member
Activity: 532
Merit: 500
June 01, 2015, 06:54:43 AM
#46
Is coinut.com a exchange? when it come to gambling section?
 20x is just possible, just as other gambling game.
hero member
Activity: 658
Merit: 500
June 01, 2015, 05:41:08 AM
#45
Any guarantee i get 5 x profit like hyip ponzi ,,? Or just trade in perfect time,,?

HYIP Are usually scams. Very low percentages of those actually end up paying out. Here its not a scam but you need to know when to buy or sell, just like stocks.
its not a hyip, its just a game in wich you bet your money and you either win or loose, its doesnt tell that they will pay you guaranteed
legendary
Activity: 3808
Merit: 1723
June 01, 2015, 05:32:51 AM
#44
Any guarantee i get 5 x profit like hyip ponzi ,,? Or just trade in perfect time,,?

HYIP Are usually scams. Very low percentages of those actually end up paying out. Here its not a scam but you need to know when to buy or sell, just like stocks.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
June 01, 2015, 12:19:19 AM
#43
Any guarantee i get 5 x profit like hyip ponzi ,,? Or just trade in perfect time,,?

Sorry, there is no guarantee.
sr. member
Activity: 294
Merit: 250
If you can't understand my post please report it
June 01, 2015, 12:18:19 AM
#42
Any guarantee i get 5 x profit like hyip ponzi ,,? Or just trade in perfect time,,?
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
June 01, 2015, 12:07:03 AM
#41
How do we calculate the price index?
We obtain the top bid and ask price ticks from Bitfinex, BTC-e, and Bitstamp every 2 seconds (We will increase the frequency later and if you have better suggestion, please let me know). Suppose they are Bid1, Ask1, Bid2, Ask2, Bid3, and Ask3 respectively for the three exchanges. And then we calculate the index as (Bid1 + Ask1 + Bid2 + Ask2 + Bid3 + Ask3)/6.

Thank you for this ... I hope you keep developing the product. Several improvements include:

1. A way to download trading/performance history to excel.
2. A better 'open positions' window - I have too many positions and the window is all but useless for me.
3. Present each customer with their trading performance statistics in some manner.
4. Show volume and open interest in each contract.

**On a daily basis it would be nice if, like all futures exchanges, you reported volume, and open interest by contract. Or allowed customers to see that on a real-time basis. It is very important data, particularly if one is considering a large position ...

All these including 1,2,3, and 4 will probably be improved within one week. Stay tuned.
hero member
Activity: 1120
Merit: 554
May 31, 2015, 11:12:57 PM
#40
I asked this earlier and didn't get a reply. Will you be adding additional pairs like EUR/USD, GOLD, or any other pairs besides BTC ?

Yes, we may add EUR/USD or GOLD pairs. But we need to find market makers for those pairs first. Otherwise there will be no liquidity.


I think a better move would be to launch a btc futures contract with small tick size, and apply portfolio margining between futures and vanilla options. This would be a boon to your trading volume and customer interest, I think. (Maybe make them 'options-on-futures' instead of index options, if that is easier.)

hero member
Activity: 1120
Merit: 554
May 31, 2015, 11:03:36 PM
#39
How do we calculate the price index?
We obtain the top bid and ask price ticks from Bitfinex, BTC-e, and Bitstamp every 2 seconds (We will increase the frequency later and if you have better suggestion, please let me know). Suppose they are Bid1, Ask1, Bid2, Ask2, Bid3, and Ask3 respectively for the three exchanges. And then we calculate the index as (Bid1 + Ask1 + Bid2 + Ask2 + Bid3 + Ask3)/6.

Thank you for this ... I hope you keep developing the product. Several improvements include:

1. A way to download trading/performance history to excel.
2. A better 'open positions' window - I have too many positions and the window is all but useless for me.
3. Present each customer with their trading performance statistics in some manner.
4. Show volume and open interest in each contract.

**On a daily basis it would be nice if, like all futures exchanges, you reported volume, and open interest by contract. Or allowed customers to see that on a real-time basis. It is very important data, particularly if one is considering a large position ...
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
May 30, 2015, 03:13:42 AM
#38
how long it takes to withdraw? wait 5 hours ago and still processing.. Undecided

We do not use hot wallets and manually process all withdrawals in a few batches everyday because as we know nearly all hot wallets in all big sites were hacked. This is safer but also slower.

You are wrong about this because you do use hot wallet ofcourse but you are not using automatic withdrawal. Hot wallet is a wallet that is connected to the internet, if you are using cold wallet to keep on send the fund then it will take a lot of time to download the block again.

Our wallet is not connected to the internet. So it is a cold wallet. The machine storing the cold wallet does not need to download the blockchain. It's only used for signing transactions. We have an online machine with a full copy of the blockchain and all the addresses in our cold wallet. But that's only used for monitoring and creating unsigned transactions. I don't know what is wrong here.

I asked this earlier and didn't get a reply. Will you be adding additional pairs like EUR/USD, GOLD, or any other pairs besides BTC ?

Sorry, sometimes I am too busy and may not be able to check every replies. Yes, we may add EUR/USD or GOLD pairs. But we need to find market makers for those pairs first. Otherwise there will be no liquidity.
legendary
Activity: 3808
Merit: 1723
May 30, 2015, 03:11:28 AM
#37
how long it takes to withdraw? wait 5 hours ago and still processing.. Undecided

We do not use hot wallets and manually process all withdrawals in a few batches everyday because as we know nearly all hot wallets in all big sites were hacked. This is safer but also slower.

You are wrong about this because you do use hot wallet ofcourse but you are not using automatic withdrawal. Hot wallet is a wallet that is connected to the internet, if you are using cold wallet to keep on send the fund then it will take a lot of time to download the block again.

Our wallet is not connected to the internet. So it is a cold wallet. The machine storing the cold wallet does not need to download the blockchain. It's only used for signing transactions. We have an online machine with a full copy of the blockchain and all the addresses in our cold wallet. But that's only used for monitoring and creating unsigned transactions. I don't know what is wrong here.

I asked this earlier and didn't get a reply. Will you be adding additional pairs like EUR/USD, GOLD, or any other pairs besides BTC ?
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
May 30, 2015, 02:14:17 AM
#36
how long it takes to withdraw? wait 5 hours ago and still processing.. Undecided

We do not use hot wallets and manually process all withdrawals in a few batches everyday because as we know nearly all hot wallets in all big sites were hacked. This is safer but also slower.

You are wrong about this because you do use hot wallet ofcourse but you are not using automatic withdrawal. Hot wallet is a wallet that is connected to the internet, if you are using cold wallet to keep on send the fund then it will take a lot of time to download the block again.

Our wallet is not connected to the internet. So it is a cold wallet. The machine storing the cold wallet does not need to download the blockchain. It's only used for signing transactions. We have an online machine with a full copy of the blockchain and all the addresses in our cold wallet. But that's only used for monitoring and creating unsigned transactions. I don't know what is wrong here.
legendary
Activity: 1540
Merit: 1013
May 29, 2015, 11:41:23 PM
#35
how long it takes to withdraw? wait 5 hours ago and still processing.. Undecided

We do not use hot wallets and manually process all withdrawals in a few batches everyday because as we know nearly all hot wallets in all big sites were hacked. This is safer but also slower.

You are wrong about this because you do use hot wallet ofcourse but you are not using automatic withdrawal. Hot wallet is a wallet that is connected to the internet, if you are using cold wallet to keep on send the fund then it will take a lot of time to download the block again.
member
Activity: 70
Merit: 10
May 29, 2015, 11:27:29 PM
#34
This is just gambling.
There is a very high chance you will lose all your btc before you can gain anything.

It's not exactly the same as gambling, because sometimes, you can find that the market maker may not be able to price the options correctly and you can take advantage of that. So if you have the skills, you can make profit consistently.

where can i learn about it?
is it hard?

Let's take a CALL contract as an example. The basic idea is that the correct price should be the probability that it goes above the strike price times 0.01 BTC.

So if right now the price is 236.61, if you select 236.75 as the strike price and you estimate the probability that it goes above 236.75 is 0.2, then the price should be 0.2*0.01 BTC. If you find the market price lower than 0.2*0.01, you can then confidently buy. Maybe you lose one or two times, but if you do this frequently, you will find that you are making money consistently.

It is not difficult. But it takes a little time to learn the skill. I am sure that after trading a few times, you will know what I am saying.

thanks for reply
will definitely try later
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
May 29, 2015, 09:34:53 PM
#33
how long it takes to withdraw? wait 5 hours ago and still processing.. Undecided

We do not use hot wallets and manually process all withdrawals in a few batches everyday because as we know nearly all hot wallets in all big sites were hacked. This is safer but also slower.
legendary
Activity: 2436
Merit: 1008
May 29, 2015, 09:01:47 PM
#32
how long it takes to withdraw? wait 5 hours ago and still processing.. Undecided
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
May 29, 2015, 02:52:15 PM
#31
wait so isnt it just an investor based game as people buy contracts (invest) and either win or loose? in my opinion it should be in investor games

no that is not a investor base games that is binary option trading and that is very simple method of trading just put and call option, if you have little knowledge of bitcoin price if it goes up or low than you can make nice profit from this method but keep in mind that is pure gambling.

I would not say it's PURE gambling as I explained in the first post of this thread.
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