/biz/ - Business & Finance

>>50586174
Nice man, i wasn't so lucky. I only recently found out you can do this.

>>50586174
kek I still do not understand how but when I locked mine it locked at $686k

>>50586174
But if you sell it now, you get the market price?

>>50586201
whatever you lock it at you can sell at anytime for the locked price

>>50586201
if you lock it at the price then yes

if you didnt lock it you will sell at whatever the price is now

>>50586174
fuuuuuuuuuck I forgot to unlock them from the last ATH at 19.4k fuck fuck fuck

>>50586174
Nice photoshop

>>/biz/thread/11374211

>>50586201
No you fucking idiot. It's locked at OPs price so it'll sell for that.

>>50586216
Who is buying? Is it trazor? How can they guarantee the price, or is there some sort of on-chain transfer?

>>50586215
To who?

why not instantly sell and buy 24 btc?

>>50586242
>>50586244
No it's stored in the price that you locked it.
So it's worth 68k if he unlocks it

>>50586257
Worth 68k to who?

>>50586242
The people who will buy are basically people who locked at a lower price, they sell their bitcoin for a lower price and you get the difference, it all cancels out you just need to be good at timing the lock

>>50586268
he has 68k worth of Bitcoin stored in the wallet, regardless of the current price

so many newfags in here
we clearly far away from the real bottom
>3k$

>>50586285
That makes sense, I'm sorry, because I forgot he locked the wallet, thanks.

>>50586201
If you take it out of the Trezor, yes. But if you sell the Trezor with the BTC inside of it, it stays at 68k.

>>50586543
No one's gonna pay 68 dollars for a Trezor

>>50586242
>noy knowing about price locking in 2022
Ngmi

>>50586215
i was a dumb wojack that thought this and when i told my father he told me i need to quit playing fucking games and pretending to be retarded

I hate these threads so much it's unreal.

At this point I don't know if it's oldfags trolling newfags, or the newfags by now are telling each other this is the norm.

>>50586242
>Who is buying?
Lol why does anyone need to buy it? He just sells it for 68k you fucking retard.

>>50586732

>>50586201
Yes it's the trezor guarantee, unwritten by The Trezor foundation.

>>50586890
How do you sell without buyers?

>>50588049
wtf are you talking about anon, he just opens up his Trezor and hits the sell button

>>50588049
b8ted by and edgy zoomer, you never learn do you anons ?

>>50586174
fuck bros i really should locked mine in when you anons told me to

>>50586201
no it is like stock options. you reserve that price when you do it like an options contract the only difference is you don’t need 100 at a time

>>50586575
They're more than $68 new

>>50586174
I need trezor advice. I've locked my bitcoins at 52k during last Christmas. Should i sell my trezor now at 52 and buy at 21.3k to have the double amount of bitcoins , or wait until it pumps back to 60k to make some handsome profit?

>>50586285
Wait who is backing the money? This makes no sense.

>>50588191
double them now since the next ATH will be closer to 100k

>>50588154
Ah okay that helps make more sense of it. You're basically reserving the right to sell at the current price when you lock. So it's almost like a put for the bitcoin you lock? My only question then is who is buying/on the other side of the contract? People who locked too low and lost on their put? Does Trezor manage that?

>>50588195
it’s essentially the same as an options contract but instead of doing 100 at a time, the contract will be for the amount of coins you lock at the time of transaction

>>50588258
yes that’s how it balance out. some people lock at a great price and some lock at a shitty price

>>50586292
They're not newfags. They're trolls playing along HAHAHA YOU GOT TROLLED MORON.

There are no coins in anyone's wallet. The fake internet money is trapped in the computer ponzi. You own random words. You paid real money to be told you have some fake internet money with
> poop witch collapse sneed feed shame despair down again suffer least
You paid money for random words you stupid fucks.

Based and locked-in pilled

>>50588258
For example. Let's say you locked at 60k, I locked at 20k (cause I'm retarded) and the price is 40k. And I just have to sell because I need to pay my bills. When I unlock... it "closes" the put/contract, and sells my 1 BTC at reserved price (20k), Trezor then, what, holds that 20k? Holds it until you at 60k decide to sell (at market price 40k) and gives that to you?

>>50586732
It's just trezors marketing wagie trying to sell more trezors to the noobs. Hardware wallets are fucking stupid

Fucking jannies. Do your work. This thread has nothing to do with /biz/ it's just low quality larp

>>50586174
what happens when the price reaches 68.6k anon?

>>50588338
if they don’t sell before that that will start to lose money, pretty simple anon

>>50588303
So essentially if you lock the bottom, you're fucked. Like buying a put at the bottom. Except the difference is the contract doesn't have an expiration, but must execute upon closing.

Best one I've seen for a while

>>50586174
Imagine all the garloids you could buy with that

>>50586292
did you fuck up and lock in at 3k anon?