Author

Topic: Fly or Die? P2P loans for Margin trading on top of bitstamp,campbx,mt gox,kraken (Read 1055 times)

hero member
Activity: 756
Merit: 522
stop spending time on someone else's pages and write your own. life is more valuable than criticism. get a life.

My "own pages" have been here enumerating how vain asshats like yourself (and plenty of far less self-important folks who might've simply missed a few points) may, with time and effort, turn any actual ideas into something worthwhile, for years. Your reaction has been to ignore them and fight me because, obviously, you know better. Magically, and because you say so, the fact that you have no relevant identity nonwithstanding.

This isn't the personal expression forum where your umpteenth "announcement" should be considered in the contexts of emotion and world peace. This is bitcoin. Take the hint and fix your shit.
member
Activity: 96
Merit: 10
stop spending time on someone else's pages and write your own. life is more valuable than criticism. get a life.
hero member
Activity: 756
Merit: 522
development: beta stage. One more week to start beta testing.

How many more times do you plan to spam the forums until then? Seriously already.
member
Activity: 96
Merit: 10
Working on Kryptonwallet.com

P2P loans for Margin Trading


How it works:
Trader opens a leverage trade for 2X or 4X their deposit with krypton wallet.
Lender executes a buy and sell order for trader on bitstamp, campbx, etc. Funds never leave lender account.

Profits on buying btc will be withdrawn at intervals to avoid fraud of lender.
Losses on buying btc will be covered by trader deposit with Kryptonwallet.

Functionally similar to bitfinex, but we dont hold any of user cash deposits, making it risk free in case of regulations from the bank accounts that such a service will hold in china and other places.

Your bitstamp, campbx, mtgox, kraken accounts will serve as lending wallets.
Trader will execute orders on Kryptonwallet with their btc deposits with us.
Will enable Multisig wallets to avoid fraud from Kryptonwallet.

Lender gets daily interest of 0.1-0.3%
Trader gets upto 10X leverage, 2X-5X is recommended.

Fees: transaction fees as on bitstamp, campbx, mtgox, kraken applies for buying and selling.

No transaction fee on Krypton.

Advantages:
Adequate loans,  
Lower interest rates and Insurance
Trailing stop orders
Pooled lending and borrowing

and anything you suggest or forbid us to do

development: beta stage. One more week to start beta testing.

Jump to: