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December 11, 2017, 08:49:37 PM |
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many people would like to hedge their bitcoin portfolio but dont trust the banks or dont want to large scale involve with them,
furthermore people want to better controll how much kapital they will use to hedge.
i thought this might be a great idea for a new token,
i create a waves based token, and sell it, with the funds i open a bank account, and buy short futures on bitcoin,
the token is called bitcoin short
if bitcoin price crushes the short futures on bitcoin become extremly valuable, because they are rights to sell bitcoins for specified price, the market difference becomes the total profit,
these options are also called "put options"
for many this is complicated but i can create such a token.
the token are then proportional property rights on the bitcoin short options, that have been bought with the funds.
are there any directly interested people here?
regards
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