[Coinut] Bitcoin Options | Bitcointalksearch.org

wangxinxi

hero member

Activity: 826

Merit: 1000

Founder & CEO of Coinut.com, Litecoin Core Dev

Quote from: David-M on October 28, 2014, 12:42:21 AM

Hi Guys,

Are you located in Singapore, or just registered here? Who are you? looked at your about us page, and nothing about the founders. You have a link to the bizfile site, why not just post the info? Until we get decentralized exchanges, I think centralized systems need to go out of their way to provide credibility in the marketplace.

David

Hi David,

Thank you for your questions. We are all in Singapore. You can search google using my name to find out. The founders are on this page https://angel.co/coinut. If you like, we can put our bio and photos on coinut.com as well. This is my linked in profile http://sg.linkedin.com/in/wangxinxi. We try to make the business as transparent as possible, and we welcome any suggestions.

Regards,
Xinxi Wang

David-M

member

Activity: 106

Merit: 10

Hi Guys,

Are you located in Singapore, or just registered here? Who are you? looked at your about us page, and nothing about the founders. You have a link to the bizfile site, why not just post the info? Until we get decentralized exchanges, I think centralized systems need to go out of their way to provide credibility in the marketplace.

David

worle1bm

full member

Activity: 1834

Merit: 166

Yeah, I see your point. I just disagree! Either way, I like the site and what you are doing. I wish you nothing but success!

wangxinxi

hero member

Activity: 826

Merit: 1000

Founder & CEO of Coinut.com, Litecoin Core Dev

Quote from: worle1bm on October 27, 2014, 02:17:55 PM

Quote from: wangxinxi on October 27, 2014, 12:18:49 PM

Quote from: worle1bm on October 27, 2014, 11:17:12 AM

You could set short time frames, or strikes closer to the starting value. Or try to develop a volatility index, there are some open source algo's that support regressive volatility learning.

Short time frames will make the site similar to a gambling site. This is not what we want.

Understandable, but BTC options are basically gambling because the market is unregulated, poorly liquidated, and subject to high volatility. Lengthening the time frame really doesn't diminish the gambling aspect IMO.

To me, what you listed are not directly related to gambling. With options, you can always build your own pricing model and compare the results with the price listed on the exchange and buy low and sell high. That's trading. Or you can also toss a coin and buy or sell according to that. That's gambling.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: wangxinxi on October 27, 2014, 12:18:49 PM

Quote from: worle1bm on October 27, 2014, 11:17:12 AM

You could set short time frames, or strikes closer to the starting value. Or try to develop a volatility index, there are some open source algo's that support regressive volatility learning.

Short time frames will make the site similar to a gambling site. This is not what we want.

Understandable, but BTC options are basically gambling because the market is unregulated, poorly liquidated, and subject to high volatility. Lengthening the time frame really doesn't diminish the gambling aspect IMO.

wangxinxi

hero member

Activity: 826

Merit: 1000

Founder & CEO of Coinut.com, Litecoin Core Dev

Quote from: worle1bm on October 27, 2014, 11:17:12 AM

You could set short time frames, or strikes closer to the starting value. Or try to develop a volatility index, there are some open source algo's that support regressive volatility learning.

Short time frames will make the site similar to a gambling site. This is not what we want.

FahimBagley

newbie

Activity: 7

Merit: 0

Is it officially launched yet? Have visited your site today.

Very neat, but may add some color to make it more appealing.

Sorry... just my friendly opinion...

worle1bm

full member

Activity: 1834

Merit: 166

You could set short time frames, or strikes closer to the starting value. Or try to develop a volatility index, there are some open source algo's that support regressive volatility learning.

wangxinxi

hero member

Activity: 826

Merit: 1000

Founder & CEO of Coinut.com, Litecoin Core Dev

Singapore company Coinut Pte. Ltd. is developing a Bitcoin options exchange. The current focus is cash-or-nothing binary options. We need a good volatility forecast model.

Topic: [Coinut] Bitcoin Options (Read 2477 times)