thezerg
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May 01, 2013, 05:24:31 PM

Isn't this the place to use all of your verbal wit to talk the price up?

For me, this place seems to have gone from a mostly honest discussion about the price to a lot of people trying to talk the price up or down in order to try to sell high or buy cheap (mostly the latter).

Yeah, but actually I think an actual put offer is a good reality check.

Because there's a BIG difference between saying NEVER and selling a put option for 100BTC for qty 250BTC!  And note the buyer holds all the counterparty risk.  To me the word NEVER would put the price at 1-5%.  Since there is no risk this cost is just to pay for the time, effort, and opportunity cost involved.