Quote from: induktor on February 21, 2014, 02:59:22 PM

Quote from: staffnsnake on February 21, 2014, 06:54:41 AM

I took a punt with BTC2.2. If I lose that then at current prices it's less than a day's work in fiat. If it goes up massively and I can't withdraw, then I'm screwed. If I can withdraw - at all, but better if it goes up - then I win. Just like an options contract but without the security of a contract. A gamble, but there it is.

Less than a day work in FIAT??? man I want your job!!!!, what do you do?, I make 3 BTC a month working as a freelance IT, and a lot of my friends will kill to have my kind of income, where do you live to earn so much money in one day!, I wouldn't make 2 BTC a day even if I grow and sell pot in my basement hehe.

It's a good deal less than many of my colleagues. I put people to sleep, usually with endless rants about crypto-currency, but sometimes with (legal) drugs. Then when the surgeon has finished butchering them, I wake them up.

Anyway, when Mt Gox imploded the other day I raced back to bitcoinbuilder and sold my Gox BTC at a third of what I paid for them, so now I have a bit over BTC0.7 to show for my oh-so-clever credit default swap. No such thing as a free lunch and all that. Who knows, maybe they will resume withdrawals, but I don't know where Mark Karpeles is going to find the missing BTC750000 to fund them, even if he has been buying up at low prices on his own exchange.

Lesson learned.

staffnsnake

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