log☇︎
886500+ entries in 0.562s
Bugpowder: but you CAN make money if the market REALLY moves
JimFromBronx: becuase they are a scam.
JimFromBronx: hence why that ETF would be great
kingofsports: tbh i dont fully understand options that is why i want to try it to understand it.
Bugpowder: Just long term investing in Vanguard funds
JimFromBronx: bitcoin has too shitty spreads most of the time + the comissions eat you
Bugpowder: I don't really trade bitcoin right now either
JimFromBronx: other then that
Bugpowder: I trade bitcoin
Bugpowder: I was trading the same day as this guy
JimFromBronx: bugpowder what do you trade?
kingofsports: lol this is funny
Bugpowder: 1 penny per share stock trades
Bugpowder: super cheap trades
kingofsports: whats the min i can put into a interacive brokers and get approved for options
ozbot: Stock Futures Trader losses it all and flips outVideo - YouTube
JimFromBronx: for traders/hedgers/speculators its great
JimFromBronx: for transactional users it wouldnt matter too much
JimFromBronx: bugpowder: that winklevoss ETF would be good for traders/speculators
kingofsports: thinkorswim is part of tdamerictrade i thought
Bugpowder: or thinkorswim
JimFromBronx: IB is probably the best one
kingofsports: ive tried TDameritrade, Etrade, scottrade and noone have approved me.
JimFromBronx: easy to learn
JimFromBronx: kingofsports: trade options on SPY on the NYSE. they are liquid and its cheap
dub: JimFromBronx is trolling, ignore his ass
JimFromBronx: kingofsports: so trade futures.
kingofsports: i am trying to gain EXPERIENCE with it all.
JimFromBronx: its too expensive to trade bitcoin at the moment
kingofsports: i have about 13k...looking to only trade with $1000 or $2000...
JimFromBronx: kingofsports rightfully so. a broke ass student should not be trading.
JimFromBronx: + the garbage bid/ask spread
kingofsports: problem is jim NO usd site lets me trade options when my income is less then 30k a year, i am finance student right now.
JimFromBronx: the commissions are ridiculously high 0.4% round trips on mtgox?
JimFromBronx: problem with bitcoin "traders" is they dont understand commissions eat up any return.
JimFromBronx: bitcoin is too illiquid with a shitty bid/ask spread to bother "shorting"
Bugpowder: it has options too
kingofsports: i was told coinbr is only the 4 stocks
kingofsports: i know that bug.
kingofsports: is there a site that lets me short/long bitcoins?
Bugpowder: JimFromBronx is correct that shorting coins is very risky
JimFromBronx: kingofsports: shorting bitcoins is too dangerous
kingofsports: oh yes i get it, i would think there would be a site that would let that happen tho
JimFromBronx: give me a fking break they are priced wrong
[\]: you want to short, but don't want to borrow
JimFromBronx: kingofsports: i didnt say you did. you need to borrow someone elses coins and sell them
kakobrekla: sure there are
JimFromBronx: kingofsports there are no options in bitcoin.
kingofsports: guys im new in trading stocks n options in bitcoin, not new to bitcoin. where do i go? was referenced from bugpowder.
JimFromBronx: and post the fiat as collateral
JimFromBronx: kingofsports: borrow them from someone and sell
kingofsports: where do i go to short btc?
kingofsports: whats up with that assbot?
JimFromBronx: not hard to find the white kid
Chaaang-Noi: <JimFromBronx> should be saving his money for bribes to authorities. lol, know where i live?
JimFromBronx: should be saving his money for bribes to authorities.
JimFromBronx: chaang noi buying the lambo?
kingofsports: hey bugs what is the #room to go to for buying BTC?
Chaaang-Noi: i dont really gamble, but ill try it out in a bit
kingofsports: you can bet high OR LOW on just-dice, see how much is invested in the house and how much the house is up or down.
Bugpowder: and you can invest as the house too
ThickAsThieves: i can sum it them up: overpriced
Chaaang-Noi: kingofsports im just a troll
Bugpowder: can someone walk kingofsports thru MPEX options
kingofsports: your the rich dude wanting to buy the lambo and everything in the world on bitcointalk haha wish i had that kind of money.
Chaaang-Noi: not sure who can help you, that is online
Chaaang-Noi: yeah this is the place
kingofsports: approx 10 BTC roll up to 25 BTC.
kingofsports: in BTC and the price.
kingofsports: hey guys was told by someone to come here to discuss how to get into options trading
Chaaang-Noi: but im not selling all, just 337 and its not even my shares, im going to sell for him first them ill do mine
ThickAsThieves: see u in 2 weeks when u say yep 5 was too low
Chaaang-Noi: i sold too much too fast
Chaaang-Noi: im not on the board anymore
[\]: board members buying becuase they have info most people don't get
[\]: nothing like insider trading
Chaaang-Noi: im setting up the auction now, ill link you to it here
ThickAsThieves: none yet but possibly a fair amount if another deal follows thru
Chaaang-Noi: it went up that fast, insane...
Chaaang-Noi: i was going to do some at 3.5 then some at 5, lol
Chaaang-Noi: i was going to sell some at 3.5! but i was in myanmar and no internet, now i get home and 5 btc!!!
Chaaang-Noi: how many do you want to buy?
Chaaang-Noi: fixed price auction at 5 btc each too high?
dub: might be tiberius, he's been back a few times under various guises
ThickAsThieves: who'd he used to be?
ThickAsThieves: JimFromBronx is somehow on my ignore list even tho i never heard of him
d34th: he took a job and was really busy
d34th: he is looking to rejoin the bitvps team
Chaaang-Noi: i saw rg in litecoin chan not too long ago
ozbot: BTC-TC: BTC Trading Corp - View Security
davos: the issue with mining vs selling hardware is that the retail buyer isn't sufficiently discounting difficulty increases - which means it will be more profitable to sell the hardware than mine
kakobrekla: i heard a good one is comming tho
davos: i think it will be before then. i think when you can sell all of the miners you can assemble then mining is for chumps. they should alternate to run their own pool, pull a small commission on that, and sell hardware
Chaaang-Noi: sealswith clubs is the only poker site i have ever used
davos: AM won't be able to run the farm forever. it will stop making sense at some point
kakobrekla: did you get the 10k chips yet?
Chaaang-Noi: but sooner or later their will be others out there
davos: this is what the plebes don't get about AM. AM may have 20% of the network... but with hardware... they've actually already presold 20% of the next few months and are hashing with another 20
Chaaang-Noi: i got a good deal on it, a guy is going to do all the work for me and run them with low electric for 2 years
davos: should pack those and sell them. all of the money is in hardware