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Topic: URGENT BITCOIN RECOVERY.. BITCOIN BAILOUT (Read 2352 times)

sr. member
Activity: 364
Merit: 250
April 11, 2013, 08:07:32 AM
#31
Selling Put options underneath Oil and buying up lots of stocks on the cheap. I kept selling the put options and when the bounce came, I raked in a massive amount of cash. Guess what, anything of value never goes to zero.

 Shocked

You've got a god damn weighty set of brass ones if you really did that. Kudos.

Naked, or covered, though?



i sold naked puts on /cl just before the start of 2009, sold the $40 strike price, about 3 months out. Heaps of premium was in them, and it all eroded very quickly. I knew that there was no chance it would get lower than $30 and even if it did, I'd be happy to own it at that price because I know that when people are fearful, you need to be greedy.

Except the world runs on oil.

My prius runs on bitcoins....    Wink

Just kidding, I fucking hate those things.
hero member
Activity: 952
Merit: 1009
I kinda wish y'all speculators become homeless, start from a scratch and earn your money by doing smth for the society (like being a farmer, a doctor, a fireman, you know...just smth useful).


YAY!  Smiley


I've got masters in political science

 Huh


 Lips sealed
























































































































































































legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Selling Put options underneath Oil and buying up lots of stocks on the cheap. I kept selling the put options and when the bounce came, I raked in a massive amount of cash. Guess what, anything of value never goes to zero.

 Shocked

You've got a god damn weighty set of brass ones if you really did that. Kudos.

Naked, or covered, though?



i sold naked puts on /cl just before the start of 2009, sold the $40 strike price, about 3 months out. Heaps of premium was in them, and it all eroded very quickly. I knew that there was no chance it would get lower than $30 and even if it did, I'd be happy to own it at that price because I know that when people are fearful, you need to be greedy.

Except the world runs on oil.
legendary
Activity: 1001
Merit: 1005
I think this site needs a captcha to keep the op out.

OMG! This.
hero member
Activity: 728
Merit: 500
newbie
Activity: 26
Merit: 0
You know what, freak off! Srsly, I'm only on this board for couple weeks and bought my first BTCs (2 of them) just last week and as much as I'm new in all this, I'm not a retard and even tho I've got masters in political science and not in economics I believe I can figure basic things out.

First of all, freak off all you guys with cca. 50 posts crying here about the dropping price. There's like hundreds of you, what the flying fuck? It's actually quite funny cuz you're all saying the same, as if you were one pitiful entity: "Cheap bitcoins, I'm going all in." Accept it, the ride is over. I bet most of you guys are already dumping big time, can't wait to buy your bitcoins when they'll be like 40€ a piece.

Because all you're doing is making BTC unusable to users like me who just want to buy stuff for it. I bought my 2 BTCs for 80€ a piece and I've already thought it was a ridiculously high price. I see the real value of BTC at around 50€ tops. It will undoubtly get back to its current value (maybe even this year), but hopefully not because of you goddamn speculators, but because of REAL BTC users buying REAL stuff.

Secondly, thanks to speculators like you honest vendors will get 50% haircut soon, how cool is that? I kinda wish y'all speculators become homeless, start from a scratch and earn your money by doing smth for the society (like being a farmer, a doctor, a fireman, you know...just smth useful).

I, for one, know I ain't buying any goddamn BTC until it drops back to its normal value. The more sane guys like me out there, the sooner it will happen.
Lol

You bought it because you wanted to buy stuff with it but you're still holding it? Then you didnt and you just bought it because you wanted it to go higher

Step in line, everyone here was for this reason

I ain't no holding no shit, buddy. I've got 0.7 BTC left. I bought what I wanted. I might as well spend the last 0.7 BTC I have while the exchange rate is this high, tho. Cuz soon my 0.7 BTC I bought for 56€ will be worth 25€ if lucky.
sr. member
Activity: 252
Merit: 250
"MtGox verification queue for new accounts is now 18,000."

Anyone have a idea why this people go into it? Buying, selling, flooding?
people have to get verified to withdraw real money to bank accounts too Wink

so that number is not 'new people coming in' like so many sellers here want you to believe
sr. member
Activity: 267
Merit: 250
Learn to go against your mind
"MtGox verification queue for new accounts is now 18,000."

Anyone have a idea why this people go into it? Buying, selling, flooding?
sr. member
Activity: 252
Merit: 250
You know what, freak off! Srsly, I'm only on this board for couple weeks and bought my first BTCs (2 of them) just last week and as much as I'm new in all this, I'm not a retard and even tho I've got masters in political science and not in economics I believe I can figure basic things out.

First of all, freak off all you guys with cca. 50 posts crying here about the dropping price. There's like hundreds of you, what the flying fuck? It's actually quite funny cuz you're all saying the same, as if you were one pitiful entity: "Cheap bitcoins, I'm going all in." Accept it, the ride is over. I bet most of you guys are already dumping big time, can't wait to buy your bitcoins when they'll be like 40€ a piece.

Because all you're doing is making BTC unusable to users like me who just want to buy stuff for it. I bought my 2 BTCs for 80€ a piece and I've already thought it was a ridiculously high price. I see the real value of BTC at around 50€ tops. It will undoubtly get back to its current value (maybe even this year), but hopefully not because of you goddamn speculators, but because of REAL BTC users buying REAL stuff.

Secondly, thanks to speculators like you honest vendors will get 50% haircut soon, how cool is that? I kinda wish y'all speculators become homeless, start from a scratch and earn your money by doing smth for the society (like being a farmer, a doctor, a fireman, you know...just smth useful).

I, for one, know I ain't buying any goddamn BTC until it drops back to its normal value. The more sane guys like me out there, the sooner it will happen.
Lol

You bought it because you wanted to buy stuff with it but you're still holding it? Then you didnt and you just bought it because you wanted it to go higher

Step in line, everyone here is here for this reason



PS: the only reason you'd buy bitcoins is to buy drugs, anything else you can just pay for directly with usd/eur or whatever. so either you were planning that or you are simpling crying tears you got caught like a fly on a sticky strip
newbie
Activity: 26
Merit: 0
You know what, freak off! Srsly, I'm only on this board for couple weeks and bought my first BTCs (2 of them) just last week and as much as I'm new in all this, I'm not a retard and even tho I've got masters in political science and not in economics I believe I can figure basic things out.

First of all, freak off all you guys with cca. 50 posts crying here about the dropping price. There's like hundreds of you, what the flying fuck? It's actually quite funny cuz you're all saying the same, as if you were one pitiful entity: "Cheap bitcoins, I'm going all in." Accept it, the ride is over. I bet most of you guys are already dumping big time, can't wait to buy your bitcoins when they'll be like 40€ a piece.

Because all you're doing is making BTC unusable to users like me who just want to buy stuff for it. I bought my 2 BTCs for 80€ a piece and I've already thought it was a ridiculously high price. I see the real value of BTC at around 50€ tops. It will undoubtly get back to its current value (maybe even this year), but hopefully not because of you goddamn speculators, but because of REAL BTC users buying REAL stuff.

Secondly, thanks to speculators like you honest vendors will get 50% haircut soon, how cool is that? I kinda wish y'all speculators become homeless, start from a scratch and earn your money by doing smth for the society (like being a farmer, a doctor, a fireman, you know...just smth useful).

I, for one, know I ain't buying any goddamn BTC until it drops back to its normal value. The more sane guys like me out there, the sooner it will happen.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
OP, CAN YOU READ MY TEXT? I COULD NOT READ YOURS IT WAS TOO SMALL. THANKS  Grin Grin Grin
full member
Activity: 168
Merit: 100
Bling Bling
Selling Put options underneath Oil and buying up lots of stocks on the cheap. I kept selling the put options and when the bounce came, I raked in a massive amount of cash. Guess what, anything of value never goes to zero.

 Shocked

You've got a god damn weighty set of brass ones if you really did that. Kudos.

Naked, or covered, though?



i sold naked puts on /cl just before the start of 2009, sold the $40 strike price, about 3 months out. Heaps of premium was in them, and it all eroded very quickly. I knew that there was no chance it would get lower than $30 and even if it did, I'd be happy to own it at that price because I know that when people are fearful, you need to be greedy.
sr. member
Activity: 588
Merit: 251
Also many people with low post counts like playing the "spectator" Smiley
legendary
Activity: 1036
Merit: 1000
I agree here, ruski. Just playing speculator for fun.
full member
Activity: 350
Merit: 100
Mental note: More weight added to the bull trap theory.

Honestly, who cares. Short term up and down rides are fun and good for honing your skills, but I'm still a raging long-term bull. If I got goxxed into holding BTC as they lost 95% of their value, I'm still going to sleep well at night, because there is a stellar future.
sr. member
Activity: 267
Merit: 250
Learn to go against your mind
Much ppl sale at low price and need the price go down to recover some loses, but they`ll dont have this chance as no one will sell. Better to buy than lost more. Smiley
legendary
Activity: 1036
Merit: 1000
Mental note: More weight added to the bull trap theory.
full member
Activity: 350
Merit: 100
Selling Put options underneath Oil and buying up lots of stocks on the cheap. I kept selling the put options and when the bounce came, I raked in a massive amount of cash. Guess what, anything of value never goes to zero.

 Shocked

You've got a god damn weighty set of brass ones if you really did that. Kudos.

Naked, or covered, though?
hero member
Activity: 700
Merit: 500
Wow, to think the community was turning to shit the higher the price got. Now it's going down its even worse.
sr. member
Activity: 252
Merit: 250
bitcoin bailout is an oxymoron.

The coin will bottom out at around $100, could go to double digits, and then will be ready for the next leg up.

Fundamentals don't change, the world doesn't end.

Look at the GFC in 2008, guess what I was doing when there was blood in the streets?

Selling Put options underneath Oil and buying up lots of stocks on the cheap. I kept selling the put options and when the bounce came, I raked in a massive amount of cash. Guess what, anything of value never goes to zero.

Like Warren Buffet said, be greedy when others are fearful and fearful when others are greedy.
tldr: BUY BUY BUY BUY
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