Quote from: SlipperySlope on May 01, 2013, 10:42:56 PM

Quote from: Rampion on May 01, 2013, 09:53:25 PM

Quote from: rpietila on May 01, 2013, 06:45:01 PM

I don't believe the mid-term bear is over, before we visit $95 in the following max 48 hours. Buy as much <100 as you can.

(If we don't do it in that timeframe, I would go shopping again)

didn't you just say we weren't going to see $115 ever again?

Quote from: rpietila on April 23, 2013, 12:35:00 PM

$115 never again, takers?

Rpietila revealed in another post that because he manages bitcoin investments on behalf of clients, one should not take what he says publicly for what he takes to heart.

I have managed to increase my family wealth by 41% APR, over the course of 10 years. Of course that is not perfect, but I can't recall many who have done as well. Except now in bitcoin, you just went all in and never sold. But can you introduce me a to a person who actually has done it. There are not so many of them.

First 6 years of my investment career I was making a constant loss. (It's not included in the 10 years that I made a profit

)
I think if you likewise have started daytrading or whatever after 2008, chances are that you also make loss even until now, since it takes time to actually understand markets.

Reading my short term projections (even if you do 24/7 like I do) only gives you about 52-55% hit rate. It is high enough to (who did the math in the first paragraph?) increase your wealth by a factor of 30 in ten years, but low enough to not do it in ten months, weeks, days, or hours, which many seem to want to put in my mouth.

If you want to make 30x your initial investment, buy bitcoins, and do not trade or sell them. I believe by October 31st, this year, you have it. This is my actual advice. It takes 10 sockpuppets created in March/April 2013, to try to derail the forum into believing something else.

If you want, I can still write you puts for $115 and I only ask BTC0.25 premium (expire 30JUN2013). If it goes below $90, you gain, if it stays $90-$115, you may recoup partly if you bail out, if it goes to $115 and stays there, you only lose the premium of 25%.

But this is a put option, not a fiat bet. In order to profit, you must sell me the bitcoins. Hint: nobody has ever taken my puts even though they are reasonably priced. The pros know that they just lose bitcoins to me cheaply if they take them and exercise them (and pay me for the privilege). The noobs can easily list 10 words in this single post on mine, which they don't understand, and therefore call herpderp.