Thats not how "ironic" works and by your own projections for the future of the dollar, bitcoin wouldnt have to be one bit more "valuable" to go up a couple "orders of magnitude" in value expressed in terms of dollars.
$500 Bitcoin
- Thread starter r3p1v
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Thats not how "ironic" works and by your own projections for the future of the dollar, bitcoin wouldnt have to be one bit more "valuable" to go up a couple "orders of magnitude" in value expressed in terms of dollars.
wayn3 can you tell us more about the 6 figure arbitrage potential on the underlying ( i take it you mean BTC )
hey bro, I can teach you how to rank a site but you'll only make upto 4 figures per site. want?
Yes. No typical wickedfire CEO stuff. Just plain old low level shit
It's all about how scaleable it is and time/costs
:stonedsmilie:
When you write an option you take the opposite side of what the option grants the person that buys it. Bitcoin doesn't go down. It goes up by design. But you don't gamble on that, you just lock in risk free profit.
The problem with these strategies is that you end up with a long position in the coin because nobody will ever execute the options. But in that case, it will be worth more than it was when you bought it. At least in dollars. This will be a problem when the market dries up but that won't happen for a while.
The problem with these strategies is that you end up with a long position in the coin because nobody will ever execute the options. But in that case, it will be worth more than it was when you bought it. At least in dollars. This will be a problem when the market dries up but that won't happen for a while.
All the interesting stuff is left out, but it looks like i know what he's working on.
