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Title: del Post by: myself on January 10, 2012, 10:11:14 AM del
Title: Re: anyone wants this: Bitcoinica position insurance ? Post by: notme on January 10, 2012, 10:12:54 AM is there anyone interested on something like this ? zhoutong can/want to provide a position API for a external service like this ? Bitcoinica already has an API... all you need to do is offer options and hedge them on Bitcoinica. Title: Re: anyone wants this: Bitcoinica position insurance ? Post by: Jonathan Ryan Owens on January 10, 2012, 11:42:39 AM is there anyone interested on something like this ? zhoutong can/want to provide a position API for a external service like this ? Bitcoinica already has an API... all you need to do is offer options and hedge them on Bitcoinica. Using your logic, it would also not be safe to trust bitconica / zhou with your Bitcoin or USD. Title: Re: anyone wants this: Bitcoinica position insurance ? Post by: copumpkin on January 10, 2012, 02:06:22 PM is there anyone interested on something like this ? zhoutong can/want to provide a position API for a external service like this ? Why not just buy options on http://polimedia.us/bitcoin/options.php if you're vulnerable to big swings in one direction or the other? The only issue I can see with it is that mircea's site operates on a daily average, which might not get you compensated for extreme swings that will nonetheless cause forced liquidations. |