We are a Bitcoin only prediction market where user can predict (bet) against each other on events. From a financial point of view a bet is very similar to a insurance contract. You pay a fee (you wager an amount) and if something specific happens you get money. So we have an event wether Bistamp will be up an running (and withdrawing of course) until the end of the month. If you place a prediction on "no" you are hedging against a loss because if that happens you win at least money from the prediction:
https://www.fairlay.com/event/category/bitcoin/bad-news/
Even if you don't want to place a prediction the site can be interesting for you because it shows how likely people who are willing to place money on it think that Bitstamp will recover soon.
Topic: We offer hedging against Bitstamp losses (Read 402 times)
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