Then you are fuc..d!
I've readed in bitfinex they have cash reserve for extreme movements. But...
Who believes them?
Topic: Any way to buy BTC put options or something that tracks the inverse of BTC price (Read 1208 times)
July 06, 2013, 04:19:39 AM
July 05, 2013, 07:52:20 PM
My only concern is someone who is insuring put options would need some sort of safeguard in the event of collapse. I don't see what they own that satisfies this need. What is the point of insurance if the insurer can not pay when needed.
July 04, 2013, 06:20:27 AM
Do you know icbit.se and bitfinex?
I dont know if they are safe
, but is possible to short BTCs in theirs sites.
I dont know if they are safe
, but is possible to short BTCs in theirs sites. 
July 04, 2013, 01:23:11 AM
btc.sx allow you to short or long BTC/USD
Yeah, but the spread is ridiculous and the interface is very primitive.
I think there is really a huge opportunity for someone to start a proper futures exchange. I wish I had the time and resources to do it.
July 04, 2013, 12:20:08 AM
btc.sx allow you to short or long BTC/USD
July 01, 2013, 08:06:55 PM
I've thought of offering CFDs that would be created and priced specifically for individual miners but wasn't sure if there would be enough interest for me to sink the inordinate amount of time it would require to start.
June 24, 2013, 10:36:19 AM
Thanks Kyune. I'll take a look at those.
June 10, 2013, 01:24:37 PM
Neither of these are tools to short BTC directly, but I'll mention them anyway, since you specifically mention a desire to "hedge" mining hardware costs:
Both are somewhat complicated instruments; make sure you understand what you are buying before leaping in.
- There are "mining difficulty futures" sold on Bitfunder that pay out proportionally to the mining difficulty on their payout date. Lookup CoinBr.iDiff-O and CoinBr.iDiff-E.
- Just launched today on BTCT.co, there is DMS.SELLING, a fairly complex instrument that also should operate as a hedge against rising difficulty.
Both are somewhat complicated instruments; make sure you understand what you are buying before leaping in.
June 10, 2013, 10:29:44 AM
no suggestions?
June 07, 2013, 12:00:25 PM
Title says it all. Interested in using something like this as a hedge on mining hardware costs.
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