Thank you! We appreciate your encouragement. The awesome thing about free markets is that they provide natural mechanisms to incentivize creativity and innovation. They reward unique, new ideas and new businesses that fulfill market needs. Will CoinHedger be a useful hedging site/tool for traders in the bitcoin market? I certainly think it has the potential, otherwise I would not be wasting my time or my bitcoin to launch it. We look forward to having the market decide if our operation adds value to the community.

Only time will tell. 

We are well aware of MPEx, ICBIT and similar services. While CoinHedger will share some similarities to enterprises such as these, it will be significantly different.

Hello,

You raise some good points which I will address. My name Christopher Rieck, founder of CoinHedger Inc based out of Minneapolis-St. Paul, Minnesota. Currently, I am less than a week away from graduating from the University of St. Thomas where I studied finance and economics. I have been invested in and following bitcoin and its development for the last two years. I have sold all my bitcoins recently to finance this venture. Over the next several weeks, my partners and I will be developing an exchange where users will be able to create, buy and sell options contracts related to bitcoin. Yes, I am using GoogleSites until I can get a proper "Under Construction" page up (its finals week) plus we are still deciding on a hosting service. There will be more information and details about the concept in the coming weeks. I'm not trying to be secretive but I'm also not going to begin to go into specifics on an announcement post. I simply want to inform the community that there is an exchange platform in the works and we expect to launch it in July 2013. I will be checking back on this thread frequently and if any members have questions, I will try to answer them as best and as quickly as possible.

Thanks,

Christopher Rieck

Fellow Bitcoiners,

This was initially posted in Newbie section but probably deserves to be posted here as well. We at CoinHedger Inc are pleased to announce to the Bitcoin community that we will be launching a new Bitcoin exchange platform that seeks to provide a more innovative way to hedge against exchange rate fluctuations utilizing options contracts. We don’t want to reveal too much too soon but we will say our aim is to provide a simple, user-friendly interface and a robust trading engine combined with superb customer service. CoinHedger will go live in July 2013. More information will follow in the coming weeks. Any questions should be directed to Public Relations at PR@coinhedger.com. Follow us on Twitter @CoinHedger for the latest updates on the development and site launch. We look forward to serving the Bitcoin community by providing a new way to hedge your coins. Stay tuned.

Sincerely,

Public Relations
CoinHedger Inc
PR@coinhedger.com
http://www.coinhedger.com

Fellow Bitcoiners,

We at CoinHedger Inc are pleased to announce to the Bitcoin community that we will be launching a new Bitcoin exchange platform that seeks to provide a more innovative way to hedge against exchange rate fluctuations utilizing options contracts. We don’t want to reveal too much too soon but we will say our aim is to provide a simple, user-friendly interface and a robust trading engine combined with superb customer service. CoinHedger will go live in July 2013. More information will follow in the coming weeks. Any questions should be directed to Public Relations at PR@coinhedger.com. Follow us on Twitter @CoinHedger for the latest updates on development and site launch. We look forward to serving the Bitcoin community.

Sincerely,

Public Relations
CoinHedger Inc
PR@coinhedger.com
http://www.coinhedger.com