The understanding offers the buyer the right, anyway not the responsibility, to buy (call option) or offer (put decision) the fundamental asset at a settled upon cost in the midst of a particular time allotment or on a specific date. The settled upon cost is known as the strike cost. There are various elective sorts. One decisions can be honed at whatever point before the end date of the decision, while distinctive decisions must be polished on the slip by date (rehearse date). Rehearsing infers utilizing the benefit to buy or the offer the major security. The government can hire 4x more employees, does strict checks of EET legislation, issues 3x more penalties to entrepreneurs at the same time, therefore forces anonymous insurance companies to bankrupt. This scenario is for sure possible. But it is necessary to realize the anonymous insurance does not need to be applied to the EET legislation only, but to any stupid/unethical law. The state simply does not have enough sources to check if all people or companies follow each law people/companies may be insured for. The situation for the state is asymmetrical with an apparent advantage for anonymous insurance companies. Pay customers to deposit indemnification for the amount of 0.1 bitcoin in the amount of 3 Bitcoin. If the price fell by 15% in 3 days, he is eligible to receive indemnification in the amount of the deposit fell - 0.45 Bitcoin. In terms of indemnification, reward CRYPTOCOIN indemnification customers antecedent received from indemnification. If it is not an indemnification claim, indemnification paid by the customer will be the company's turnover.
The exchange will start operating with 5 cryptocurrencies that have the maximum market. Furthermore, as the demand and turnover increase, the exchange will add other cryptocurrencies. CRYPTOCOIN INSURANCE sells both Bitcoin or Ethereum growth and fall insurance. Thus, it hedges its risk. Today CRYPTOCOIN INSURANCE has no competitors and occupies the entire market. No competition in the market allows maintaining a significant margin on the level of 20%. CRYPTOCOIN INSURANCE repackages and sells/buys its own risk as options on its own exchange. There is no answer for safeguard the store in Bitcoin or Ethereum from falling. In the meantime in this market there is expanded instability that influences individuals to be hesitant to store substantial finances in the cryptographic money. Then again, expansive organizations are ease back to enter the market (for instance, to acknowledge installments in a digital currency) for a similar reason. Exchange will work with 5 cryptocurrencies that have a maximum market. As demand and sales increase, we will integrate more cryptocurrencies. CRYPTOCOIN INDEMNIFICATION sells both the magnification of Bitcoin or Ethereum and indemnification claims. So it forfends the jeopardy. There is no competition in the market, which sanctions a paramount margin of 20%. INDEMNIFICATION CRYPTOCOIN prehends and sells / buys its own risk as an option in its own exchange.
Less stupid and immoral laws mean less feasible business case of anonymous insurance companies. Both anonymization technology and state dictatorship are always improved over time. Therefore the existence of anonymous cryptocurrencies is the only question of time. The war of governments with anonymous insurance companies can be partially won by abolishing of all stupid regulations and restrictions most people consider to be unethical. The anonymous insurance against wrong laws can create an incentive for many decent non-technical people to use bitcoins or other cryptocurrencies to protect their property. The government can increase fines to kill all businesses that break any law and strictly enforces it. In the given situation, the best solution will be to move the business to a different country, or stay and pay high insurance fee. There is no solution to insure the deposit in Bitcoin or Ethereum from falling. At the same time in this market there is increased volatility that makes people be afraid to store large funds in the cryptocurrency. On the other hand, large companies are slow to enter the market (for example, to accept payments in a cryptocurrency) for the same reason
ICO Structure
Price of tokens: 1,500 CCIN tokens = 1 ETH
Date of ICO: November 1, 2018 - December 27, 2018
Minimum collection amount: $0.5 M
ICO main target: $5 М
Maximum collection amount: $10 M
For more inforamtion
WEBSITE: https://ccin.io/
WHITEPAPER: https://ccin.io/doc/Whitepapereng.pdf
ANN TREAD: https://bitcointalk.org/index.php?topic=4948618
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=4969375.0
TWITTER: https://twitter.com/ccin_official
FACEBOOK: https://web.facebook.com/ccinofficial/
TELEGRAM: https://t.me/ccin_official
Author
Bitcointalk Name: ritu1084
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1756699
ETH Address: 0x623BB103B1335753717B7AC6060874aAFB44f783
