Huobi’s offers fixed-interest bitcoin investment product, sells out in 1 hour.

[Riverhead]

There was an ltc-wallet.com or something similar a year or so ago that started offering 12% interest on fixed term deposits. A few payments were made then they ran off with everyone's money.


https://litecointalk.org/index.php?topic=4822.0

[Method-X]

http://pando.com/2014/09/02/huobis-new-fixed-interest-bitcoin-investment-product-should-have-the-hairs-on-your-neck-standing-at-attention/

- Backed by mining profits (?)
- 16% interest

I'd be interested to hear what Dan thinks of this.