Post
Topic
Board Mining
Re: [BitcoinInvestments BI] Short-term 21 and 60 day certificates
by
Grant
on 12/06/2011, 19:06:08 UTC

I like this idea, but how can I set what rate i want to payout for each btc invested? I dont see how this can help besides giving someone the option to trade the option.

Very simple my friend, you sell short an option at the discount.

For example, right now BTC trades at 20 $

And you wanna offer ppl a 30 day investment ponzi certificate that expires after 30 days and pays off 200%. Then you sell short a call option at strike price 4.99$ premium 0.01$. You get 5$ and the investor can get the 200%.