THE PRICE OF BITCOINS IS CRASHING SELL SELL SELL - page 4.

AntiVigilante

member

Activity: 98

Merit: 10

Quote from: billyjoeallen on June 10, 2011, 10:24:38 AM

I wish there was an enforceable way to rent out my bitcoins to short-sellers. it would be nice to get the short term cash flow in addition to the long term appreciation.

I offer loans. I am adding a trust metric soon. For small amounts, I'm ready to play.

I can show you how.

bitoption

newbie

Activity: 56

Merit: 0

We'll have good volume on bitoptions in the next week or two; why not throw out some high bids?

I just 'lent' BTC out at a rate of 72% annually if prices stay below $45 for the next 45 days. If they don't, I'll get $45 per BTC.

I did have to wait 24 hours, but I bet the buyer would have bought more, as they bought all five from me.

To do this trade, just bid on calls at a comfortable strike price, and a dollar price that gets you what you want to see. Not hard.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: bitoption on June 10, 2011, 11:15:33 AM

Billyjoeallen you can do this with options, easily.

What scenarios are wanting to make cash on?

The scenario is simple: I want to lend out my BTC with interest for whatever reason just as long as I get repaid.
MTGOX doesn't have options capability yet. No other exchange has enough volume.

bitoption

newbie

Activity: 56

Merit: 0

Billyjoeallen you can do this with options, easily.

What scenarios are wanting to make cash on?

gigitrix

hero member

Activity: 630

Merit: 500

All caps much? It's called a correction: if you ever look at the market history it always shoots up, corrects slightly and then continues with organic growth. Nothing alarming in the slightest, just a product of a comparitively small market.

Keeps things exciting, eh?

lemonginger

full member

Activity: 210

Merit: 100

firstbits: 121vnq

I don't particularly care whether it goes up or down, I just hope it gets less volatile. Expect that will still take a long while though.

Volatility makes it really difficult to transition from speculation based economy to exchange based economy

CNMOH

member

Activity: 266

Merit: 10

It'll go up again.

kiwiasian

full member

Activity: 168

Merit: 100

Quote from: hugolp on June 10, 2011, 09:46:04 AM

I hope it goes down more.

Lol?

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

I wish there was an enforceable way to rent out my bitcoins to short-sellers. it would be nice to get the short term cash flow in addition to the long term appreciation.

bitoption

newbie

Activity: 56

Merit: 0

YOu can always buy options to hedge out your risk. We just launched trading at bitoption.org for btc options..

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Don't be trampled by the herd, this is the time to buy!

hugolp

legendary

Activity: 1148

Merit: 1001

Radix-The Decentralized Finance Protocol

I hope it goes down more.

padrino

legendary

Activity: 1428

Merit: 1000

https://www.bitworks.io

Nothing like tabloid worthy headlines

Definitely undergoing a price adjustment, I expect in part because the media drove a number of people to "check it out" however the uses for it are limited right now and as people settle in reality hits a little more.

sam

newbie

Activity: 4

Merit: 0

http://i.imgur.com/hpFZq.png
http://i.imgur.com/uVrXG.png

Topic: THE PRICE OF BITCOINS IS CRASHING SELL SELL SELL - page 4. (Read 23574 times)