Re:Show HN: Bitcoin derivatives – call and put options
by dia80 on Monday March 24, 2014 @06:15PM
(#7462053)
History says if you send any bitcoins to derivabit you will duly be relieved of them by some hacker.
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Re:Show HN: Bitcoin derivatives – call and put options
by panarky on Monday March 24, 2014 @07:34PM
(#7462571)
Seriously, the last two years are littered with the corpses of Bitcoin exchanges, wallets and trading platforms. Why would anyone send Bitcoin to a new site at this point?
Wouldn't the first priority be to establish escrow with a trusted third party, or use m-of-n transactions?
At the very least, build the site with full transparency so you can prove publicly, every 24 hours, that you control the private keys to all Bitcoins entrusted to you.
Re:Show HN: Bitcoin derivatives – call and put options
by kartman on Tuesday March 25, 2014 @05:17AM
(#7464714)
We use m of n locked contracts on our site, so you dont need to trust the exchange with bitcoin https://www.cointures.com