Bitcoin Forum

Bitcoin => Project Development => Topic started by: bithedge.io on February 06, 2015, 12:54:45 PM



Title: BitHedge.IO - Bitcoin Hedge as Service (feedback required)
Post by: bithedge.io on February 06, 2015, 12:54:45 PM
We started a simple bitcoin hedge service. You can eliminate the bitcoin volatility and protect the fiat value of your coins with a few simple steps:

1. Send the bitcoins to a custom address
2. We fix the fiat value of the transaction
3. You get back the fiat value in bitcoins at the specific date you entered

Coming soon:

- satoshidice-like operation (24 hours, 3 days, 1 week etc. addresses)
- API
- fractional reserve
- user accounts

I would really appreciate any feedback you can give me.

Link: https://bithedge.io


Title: Re: BitHedge.IO - Bitcoin Hedge as Service (feedback required)
Post by: dumbdragon on February 06, 2015, 07:58:17 PM
People are going to be extremely sceptical of this service since they are basically entrusting you with their wealth. Additionally the association of a dice site within the same project seems irrelevant and quite sketchy to me.

If people want to protect their coin by hedging on fiat let them sell it!


Title: Re: BitHedge.IO - Bitcoin Hedge as Service (feedback required)
Post by: gmannnnn on February 07, 2015, 06:27:59 AM
We started a simple bitcoin hedge service. You can eliminate the bitcoin volatility and protect the fiat value of your coins with a few simple steps:

1. Send the bitcoins to a custom address
2. We fix the fiat value of the transaction
3. You get back the fiat value in bitcoins at the specific date you entered

Coming soon:

- satoshidice-like operation (24 hours, 3 days, 1 week etc. addresses)
- API
- fractional reserve
- user accounts

I would really appreciate any feedback you can give me.

Link: https://bithedge.io

bitreserve does this.. but also comes with a good reputation. What do you offer?