Silk Road forums

Discussion => Silk Road discussion => Topic started by: CanadianLTD on December 13, 2012, 02:24 am

Title: Vendors - Do you hedge your escrow? Yes/No - Why?
Post by: CanadianLTD on December 13, 2012, 02:24 am
Not sure what to decide here, I read about it on the sellers guide, but I'd like some feedback how the rest of you see it.
Thanks!
Title: Re: Vendors - Do you hedge your escrow? Yes/No - Why?
Post by: eddiethegun on December 13, 2012, 02:33 am
See here:

http://dkn255hz262ypmii.onion/index.php?topic=87462.0

tl;dr: No. Have you tracked the price of BTC lately? Unless it drops more than 4% over the duration of escrow you will lose money.
Title: Re: Vendors - Do you hedge your escrow? Yes/No - Why?
Post by: CanadianLTD on December 13, 2012, 02:34 am
See here:

http://dkn255hz262ypmii.onion/index.php?topic=87462.0

tl;dr: No. Have you tracked the price of BTC lately? Unless it drops more than 4% over the duration of escrow you will lose money.

Will read now - That's how I saw it too though.. If it's a 4 % average loss, why do it?
Title: Re: Vendors - Do you hedge your escrow? Yes/No - Why?
Post by: eddiethegun on December 13, 2012, 02:39 am
Useful option in a bear market, I suppose.
Title: Re: Vendors - Do you hedge your escrow? Yes/No - Why?
Post by: BlueGiraffe on December 13, 2012, 08:47 pm
No.

Rather save the 4% - and besides Bitcoin is trending upwards...

BG