Pages:
Author

Topic: Bitcoin insurance. - page 4. (Read 1012 times)

jr. member
Activity: 154
Merit: 1
July 24, 2018, 02:38:25 AM
#96

Insurance of bitcoin is essential For the cripto market, insurance will go away immediately, jumping too high everyday. Or the contribution should be huge and investors will not risk investing money.
There is really no stability and no restrictions so i don't really  think insurance is an option.
hero member
Activity: 1904
Merit: 510
July 24, 2018, 02:09:47 AM
#95
i have seen a couple of them in the past that said they are doing something like that. i have even seen an ICO for this matter but all of those that i have seen were pure scams nothing more.


yes, I agree with you
it will be very difficult to enter the logic that notabene bitcoin value is very volatile that easily evaporate anytime.
this looks tempting but as you say, most of what has been there is a scam.
member
Activity: 490
Merit: 11
July 24, 2018, 02:02:26 AM
#94
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.


Probably, there is no insurance company that is working now to protect the investments here in crypto world. It's hard to build it since this kind of business are not regulated with the banks or in government. All people here are just taking up the risk because they want to gained profits as soon as possible.
newbie
Activity: 63
Merit: 0
July 24, 2018, 01:52:14 AM
#93
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.

Insurance for traders accepting Bitcoin
Bitflyer and Coincheck are cooperating with major Japanese insurance companies to provide insurance for traders, protecting them from the risk of unaccountable bitcoin transactions. precision processing. Nikkei reports: "The policies will include losses from improper payments"
newbie
Activity: 75
Merit: 0
July 23, 2018, 04:57:06 PM
#92
I wish there was something like that to cover bitcoin users but I have not heard or read anything of that sort. Let us hope that very soon we will have companies that will insure our coins. With this, we get more stakeholder and investors in the various bitcoin projects since the risk of losing their money will very minimal
full member
Activity: 336
Merit: 100
July 23, 2018, 04:30:59 PM
#91
This is a great idea for an ICO.  If there was a project you could truly trust it may be a good way for the newbie to protect themselves against rookie mistakes.  I'm sure we will see this pop up somewhere along the line.
sr. member
Activity: 371
Merit: 250
July 23, 2018, 03:17:33 PM
#90
Is it really possible to have an insurance company for Bitcoin? How exactly is it going to be managed? Bitcoin uncertainty to me is too high for an insurance company to cater for.
Yes it is possible but only in such countries where bitcoin is also considered as legal currency, while in such places where bitcoin is still not a legal currency there i do not think that it is possible to in such countries where bitcoin is not yet possible. For example in my country still there is no facilities of giving surely on bitcoin investment.
full member
Activity: 392
Merit: 100
July 23, 2018, 02:58:08 PM
#89
if there is insurance available to protect the investment in bitcoin then I will join, but until now I have not found insurance for bitcoin, maybe in the future there is insurance that guarantees bitcoin investment.
jr. member
Activity: 504
Merit: 5
July 23, 2018, 02:38:03 PM
#88
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.


I think if there is insurance against crypto, then crypto value will be more stable and most likely many people will be interested in crypto.

I don't believe that there's insurance on bitcoin and cryptocurrency at large because it will be of extremely high risk to the insurance company. Even property insurance do take a lot of investigations, proves and lots more before the insurance company can take full responsibility. So I think if there's insurance company for bitcoin or cryptocurrencies they will always run at lost.
sr. member
Activity: 476
Merit: 253
July 21, 2018, 01:55:44 PM
#87
On technical analysis today is not a day, but a holiday of some sort. From the standpoint of bulls, of course. There are all signs of a local trend reversal up.
sr. member
Activity: 980
Merit: 255
July 21, 2018, 01:51:27 PM
#86
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.

It is clear to me that there should not be any company offering those services, they will take enormous risks and that means that you will need to pay a lot of money and I have my doubts many people here will want to pay that. since those that could be able to pay for such a service are willing to accept the risks while those that cannot pay want that protection, so to me there is not a business model that can make profits in the long run for such a business which explains why it does not exists.
copper member
Activity: 275
Merit: 1
July 21, 2018, 12:57:36 PM
#85
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.


I think if there is insurance against crypto, then crypto value will be more stable and most likely many people will be interested in crypto.
sr. member
Activity: 511
Merit: 250
July 21, 2018, 12:35:09 PM
#84
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.

for the moment my country has not existed, because the government in my country has not inaugurated or ratcheted the bitcoin as the prevailing currency so what may be in my country there is insurance against the unrecognized currency of the government
newbie
Activity: 39
Merit: 0
July 21, 2018, 12:02:46 PM
#83
Is it really possible to have an insurance company for Bitcoin? How exactly is it going to be managed? Bitcoin uncertainty to me is too high for an insurance company to cater for.
member
Activity: 924
Merit: 12
July 21, 2018, 11:43:52 AM
#82
i have seen a couple of them in the past that said they are doing something like that. i have even seen an ICO for this matter but all of those that i have seen were pure scams nothing more.
We really need ico about that...this is a good idea and all what we see in ico's are just shity ideas and scams
newbie
Activity: 27
Merit: 0
July 21, 2018, 11:41:54 AM
#81
It won't be easy to have insurance using BTC as modification of payment. Government won't easily agree on this matter. If there exists a project like this then it should be accepted by government and be paying taxes to them which is hard to achieve.
newbie
Activity: 25
Merit: 0
July 21, 2018, 11:32:27 AM
#80
I came across some major global insurers which are starting to offer protection against cryptocurrency theft, namely, XL Catlin, Chubb, and Mitsui Sumitomo Insurance. Usually when big players enter the fray other firms will follow suit to avoid missing out on this rapidly growing business. This is good news for our ecosystem and investors who will now have increased confidence that their investments are protected even further.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
July 21, 2018, 11:13:40 AM
#79
Yes there are some companies which deals in bitcoin insurance and recover your lost amount. One of the known agency about bitcoin insurance is Bitcoin Insurance Agency

At Innovation Insurance Group, They “get” bitcoin, and they set up an agency to handle the insurance needs, from the routine to the unique, of companies in the bitcoin industry. 

Among the policies they offer are

Bitcoin Theft Insurance
Directors & Officers Liability
Professional Liability
Cyber or Network Security Liability
BOP
Commercial Auto
Trade Credit
Political Risk
Surety
Additional Services

member
Activity: 518
Merit: 13
SCARCITYDEFI.ORG
July 21, 2018, 10:20:20 AM
#78
Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.

Bitcoin-insurance? It's something like if I buy a certain number of bitcoins at 7,300 dollars and sign a contract with an insurance company, then she can guarantee me that in any case will be able to buy from me these coins at this price? In my opinion I've met something on the forum, but I can not say with certainty. Perhaps this is called a hedging of risks.
newbie
Activity: 54
Merit: 0
July 21, 2018, 10:13:31 AM
#77
seems good for the upcoming life, and if anything i might be able to read and follow it too.
Pages:
Jump to: