Topic: Your 'predictions' for high and low for next 24 hours (Read 2286 times)
Nice post D&T
I've been recently seeing quite a bit of volume concerning BTC on the Gox,so I don't think the price will rise substantially.I 'd say 135 at the most for the week.
Once again I think you need to read SLOWER. I said I DONT think we will see 50% gain by the end of the week. To prove it I am willing to sell him 150 BTC calls. Those calls would expire worthless IF BTC DOESN'T RISE to more than $150 by the end of the week. I would profit under that scenario and lose (potentially massively) if BTC DID rise above $150 by the end of the week.
A 150 call wouldn't do me any good if I think it's gonna hit exactly 150. I'd buy a 120 call with a 1 week expiration, though. I mean, if you were a reputable options dealer and not a random guy on a forum.
Name a price and number of contracts you would be interested in (100 BTC blocks).
If I was a reputable options dealer I would direct you to my brokerage site. However I am slightly more than a random noob on a forum. You decide if it is worth the counterparty risk.
BTW $120 is a lot different than $150. I mean if the premium on a $145 call was low enough you could potentially collect a massive % if the price hits $150. The fact that you are now talking about $120 (which profits $120.01+ instead of $150 is a good sign IMHO. I guess I talked you down some.
Once again I think you need to read SLOWER. I said I DONT think we will see 50% gain by the end of the week. To prove it I am willing to sell him 150 BTC calls. Those calls would expire worthless IF BTC DOESN'T RISE to more than $150 by the end of the week. I would profit under that scenario and lose (potentially massively) if BTC DID rise above $150 by the end of the week.
A 150 call wouldn't do me any good if I think it's gonna hit exactly 150. I'd buy a 120 call with a 1 week expiration, though. I mean, if you were a reputable options dealer and not a random guy on a forum.
I also think you are reading to fast. Highlighted the part you seem to have overread.
Once again I think you need to read SLOWER. I said I DONT think we will see 50% gain by the end of the week. To prove it I am willing to sell him 150 BTC calls. Those calls would expire worthless IF BTC DOESN'T RISE to more than $150 by the end of the week. I would profit under that scenario and lose (potentially massively) if BTC DID rise above $150 by the end of the week.
alright thanks.
I pretty much concur with the others here but I don't think we'll hit 150 until week's end.
I will sell you 1 week $150 calls. What would you like to purchase and name your price.
I think this "yeah we will only see a 50% return in a week not a day" "downplay" has just got to stop. Hell if Bitcoin hit $150 by the end of the year it would still make it the best performing currency in the world.
So you genuinely think we gonna hit quadruple digits this summer?
Its either 2 steps forward and 1 step back or 3 steps forward and 5 steps back. Choose wisely.
I think you completely misunderstood something here. How is 150$ by end of the year quadruple digits this summer?
And what can we actually choose? Very few here (if any at all) really have the ability to manipulate the marked.
I say this because of the nature of how reversals happen. If it is early (that does the over 150 in a week imply) it always results in further acceleration of the bubble. Never, and I mean never has the price gone parabolic and then stabilized at a high level. Such a bubble at this point would be disastrous.
I also think you are reading to fast. Highlighted the part you seem to have overread.
Has trading been haulted? I've been buying and selling hi's and low's but I haven't seen much market movement in 24 hours?
No trading has been halted. The crazy 20% per hour moves were due to MtGox lag.* No real lag today so much less movement.
* Not I am not predicting that price can't fall or rise just pointing out the directionless volatility always spiked when MtGox became untradable. A sharp move downward followed by an equally sharp move upward.
Once again I think you need to read SLOWER. I said I DONT think we will see 50% gain by the end of the week. To prove it I am willing to sell him 150 BTC calls. Those calls would expire worthless IF BTC DOESN'T RISE to more than $150 by the end of the week. I would profit under that scenario and lose (potentially massively) if BTC DID rise above $150 by the end of the week.
I pretty much concur with the others here but I don't think we'll hit 150 until week's end.
I will sell you 1 week $150 calls. What would you like to purchase and name your price.
I think this "yeah we will only see a 50% return in a week not a day" "downplay" has just got to stop. Hell if Bitcoin hit $150 by the end of the year it would still make it the best performing currency in the world.
So you genuinely think we gonna hit quadruple digits this summer?
Its either 2 steps forward and 1 step back or 3 steps forward and 5 steps back. Choose wisely.
I think you completely misunderstood something here. How is 150$ by end of the year quadruple digits this summer?
And what can we actually choose? Very few here (if any at all) really have the ability to manipulate the marked.
I say this because of the nature of how reversals happen. If it is early (that does the over 150 in a week imply) it always results in further acceleration of the bubble. Never, and I mean never has the price gone parabolic and then stabilized at a high level. Such a bubble at this point would be disastrous.
High $105
Low $85
Low $85
I pretty much concur with the others here but I don't think we'll hit 150 until week's end.
I will sell you 1 week $150 calls. What would you like to purchase and name your price.
I think this "yeah we will only see a 50% return in a week not a day" "downplay" has just got to stop. Hell if Bitcoin hit $150 by the end of the year it would still make it the best performing currency in the world.
So you genuinely think we gonna hit quadruple digits this summer?
Its either 2 steps forward and 1 step back or 3 steps forward and 5 steps back. Choose wisely.
I think you completely misunderstood something here. How is 150$ by end of the year quadruple digits this summer?
And what can we actually choose? Very few here (if any at all) really have the ability to manipulate the marked.
Has trading been haulted? I've been buying and selling hi's and low's but I haven't seen much market movement in 24 hours?
I'm using Bitfloor but also watching Gox.
I'm using Bitfloor but also watching Gox.
Nah, volume is just lower on Sundays. Plus the dust has settled from the correction of last week and we've returned to a more stable trend. I suspect this week will see some gains though from money coming in due to the Winklevoss story.
Monday (2013-04-15) close: 113-118.
I pretty much concur with the others here but I don't think we'll hit 150 until week's end.
I will sell you 1 week $150 calls. What would you like to purchase and name your price.
I think this "yeah we will only see a 50% return in a week not a day" "downplay" has just got to stop. Hell if Bitcoin hit $150 by the end of the year it would still make it the best performing currency in the world.
So you genuinely think we gonna hit quadruple digits this summer?
Its either 2 steps forward and 1 step back or 3 steps forward and 5 steps back. Choose wisely.
Has trading been haulted? I've been buying and selling hi's and low's but I haven't seen much market movement in 24 hours?
I'm using Bitfloor but also watching Gox.
I'm using Bitfloor but also watching Gox.
I pretty much concur with the others here but I don't think we'll hit 150 until week's end.
I will sell you 1 week $150 calls. What would you like to purchase and name your price.
I think this "yeah we will only see a 50% return in a week not a day" "downplay" has just got to stop. Hell if Bitcoin hit $150 by the end of the year it would still make it the best performing currency in the world.
$100 median +/- 10%. It is Sunday, Goxlag seems to be reduced, and honestly I think most traders are looking for a break. Monday on the other hand 
Today's:
Low $95
High $105
Close $102
Tomorrow's:
Low $97
High $125
Close $120
Low $95
High $105
Close $102
Tomorrow's:
Low $97
High $125
Close $120
I pretty much concur with the others here but I don't think we'll hit 150 until week's end.
120/95 seems about right for Monday.
With all the new money coming in this week it should steadily gain and hit 150-160 by the weekend.
120/95 seems about right for Monday.
With all the new money coming in this week it should steadily gain and hit 150-160 by the weekend.
High: 130, low: 75
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