Bitcoin Forum

Economy => Service Announcements => Topic started by: xinxi on October 06, 2014, 04:58:15 PM



Title: [ANN] Coinut.com - The only place for you to trade bitcoin options
Post by: xinxi on October 06, 2014, 04:58:15 PM
Moved to https://bitcointalk.org/index.php?topic=821889.0


Title: Re: [ANN] Coinut - Riding the volatility wave by trading options
Post by: mistercoin on October 06, 2014, 06:31:55 PM
Cool,  I will be watching this. We need something like this. Now I will go check it out ;D


Edit:
Just tried to open it aandd...
Fatal error: failed loading https://seal.godaddy.com/getSeal?sealID=6ElctEG7Pms7xoiJwpLjKod9GoiuGI1zigRKzLmCwt3s4LEDfkkHuxyqY


Title: Re: [ANN] Coinut - Riding the volatility wave by trading options
Post by: xinxi on October 07, 2014, 03:27:47 AM
Hi mistercoin, thanks for the feedback. We have fixed it. Godaddy's seal is not very stable. You can probably try it now.


Title: Re: [ANN] Coinut - Ride the volatility wave by trading options
Post by: oppahdoggystyle on October 08, 2014, 03:01:57 AM
Interesting concept. There is definitely a need for options in the Bitcoin world. I read over your FAQS and you mentioned offline balances. Can you provide some evidence (perhaps by signing the address) to assure customers that their money is safe?


Title: Re: [ANN] Coinut - Ride the volatility wave by trading options
Post by: xinxi on October 10, 2014, 06:50:17 AM
Interesting concept. There is definitely a need for options in the Bitcoin world. I read over your FAQS and you mentioned offline balances. Can you provide some evidence (perhaps by signing the address) to assure customers that their money is safe?

Thanks for your comments. I added the answer to the first post.


Title: Re: [ANN] Coinut - The only place for you to trade bitcoin options
Post by: Coincoin1991 on October 10, 2014, 02:17:24 PM
Damn, I was planing to build such a website about two years ago. Hey, bro, if you earn money must share a bit with me. Let me see what kind of shit you have made.


Title: Re: [ANN] Coinut - The only place for you to trade bitcoin options
Post by: Coincoin1991 on October 10, 2014, 02:50:08 PM
Hmmm, OK. The website is quite a surprise. How do you make the site response so fast? Seems a reliable website, the audit function is kind of new but do convince me. However, there seems no liquidity. I will keep on watching yr website. Good luck.


Title: Re: [ANN] Coinut.com - The only place for you to trade bitcoin options
Post by: TheGull on October 10, 2014, 09:36:55 PM
Congrats on the launch guys.

Are you planning on offering put and call options or strictly binary options for now?


Title: Re: [ANN] Coinut.com - The only place for you to trade bitcoin options
Post by: xinxi on October 11, 2014, 01:39:39 AM
Thanks, our binary options contain both call and put options. If you believe the price will go up, you buy call options. Otherwise, you buy put options. Since it's an exchange, you can also sell options to other buyers. This is different from the binary options offered by existing gambling site, where you can only be a buyer and cannot choose strike price, and the expiration time is usually extremely short, and most importantly, you do not trade.


Title: Re: [ANN] Coinut.com - The only place for you to trade bitcoin options
Post by: TheGull on October 11, 2014, 05:27:24 AM
Thanks, our binary options contain both call and put options. If you believe the price will go up, you buy call options. Otherwise, you buy put options. Since it's an exchange, you can also sell options to other buyers. This is different from the binary options offered by existing gambling site, where you can only be a buyer and cannot choose strike price, and the expiration time is usually extremely short, and most importantly, you do not trade.

Understood, but they are binary in nature rather than true (European or American) calls and puts, right?


Title: Re: [ANN] Coinut.com - The only place for you to trade bitcoin options
Post by: xinxi on October 11, 2014, 08:17:21 AM
They are European binary options. What you mean is vanilla options. We will have European vanilla options soon.


Title: Re: [ANN] Coinut.com - The only place for you to trade bitcoin options
Post by: MasterStranger on October 12, 2014, 09:06:39 AM
Is your site for gambling? I saw many other sites like BTCLevels, satoshioptions. Although they all claim that they are binary options trading sites, they are actually gambling sites? Is yours something similar?


Title: Re: [ANN] Coinut.com - The only place for you to trade bitcoin options
Post by: xinxi on October 13, 2014, 01:04:18 AM
Is your site for gambling? I saw many other sites like BTCLevels, satoshioptions. Although they all claim that they are binary options trading sites, they are actually gambling sites? Is yours something similar?

No, we are an exchange in which people trade real options. But you can also gamble there if you like. It's like you can gamble in the stock market as well although stocks are not for you to gamble.