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Title: How many People Would Short Post by: Kazu on April 14, 2013, 02:48:32 AM On Gox if possible, using my Bitcoins.
In other words, you sell 1 of my bitcoins now, and in a day (or two? or week? or month?) are obligated to buy my coins back for me. Just looking for further ways for me to possibly leverage my position in Bitcoin, and (mostly) just a way to troll bears. Title: Re: How many People Would Short Post by: revans on April 14, 2013, 02:51:22 AM On Gox if possible, using my Bitcoins. In other words, you sell 1 of my bitcoins now, and in a day (or two? or week? or month?) are obligated to buy my coins back for me. Just looking for further ways for me to possibly leverage my position in Bitcoin, and (mostly) just a way to troll bears. MtGox rigs the price action so shorting isn't going to be effective there. Title: Re: How many People Would Short Post by: Kazu on April 14, 2013, 02:57:46 AM On Gox if possible, using my Bitcoins. In other words, you sell 1 of my bitcoins now, and in a day (or two? or week? or month?) are obligated to buy my coins back for me. Just looking for further ways for me to possibly leverage my position in Bitcoin, and (mostly) just a way to troll bears. MtGox rigs the price action so shorting isn't going to be effective there. Most other places are lower. Wouldn't you rather short at a place where you can get a better price? Unless you want to short at Bitcoin china, you're sort of out of luck. Title: Re: How many People Would Short Post by: revans on April 14, 2013, 02:59:55 AM On Gox if possible, using my Bitcoins. In other words, you sell 1 of my bitcoins now, and in a day (or two? or week? or month?) are obligated to buy my coins back for me. Just looking for further ways for me to possibly leverage my position in Bitcoin, and (mostly) just a way to troll bears. MtGox rigs the price action so shorting isn't going to be effective there. Most other places are lower. Wouldn't you rather short at a place where you can get a better price? Unless you want to short at Bitcoin china, you're sort of out of luck. What with the crazy price fiddling, the lag and the shutdowns to protect the price; you'd have to be made to bother with them Title: Re: How many People Would Short Post by: Kazu on April 14, 2013, 03:00:51 AM On Gox if possible, using my Bitcoins. In other words, you sell 1 of my bitcoins now, and in a day (or two? or week? or month?) are obligated to buy my coins back for me. Just looking for further ways for me to possibly leverage my position in Bitcoin, and (mostly) just a way to troll bears. MtGox rigs the price action so shorting isn't going to be effective there. Most other places are lower. Wouldn't you rather short at a place where you can get a better price? Unless you want to short at Bitcoin china, you're sort of out of luck. What with the crazy price fiddling, the lag and the shutdowns to protect the price; you'd have to be made to bother with them Yea, the lags protect the price alright Title: Re: How many People Would Short Post by: Elwar on April 14, 2013, 03:27:43 AM The going rate these days on loaning your BTC to bears (using your money to short) is about 6% yearly return.
Title: Re: How many People Would Short Post by: NikolaTesla on April 14, 2013, 03:37:16 AM At this point, I wouldn't. It seems to have stabilized around 100, and last week's media attention is going to trigger buying this week.
Title: Re: How many People Would Short Post by: ArticMine on April 14, 2013, 03:39:03 AM When it comes to shorting bitcoin pirateat40 immediately comes to mind. Things did not end up very well when this bear defaulted on his obligations.
Title: Re: How many People Would Short Post by: annette786 on April 14, 2013, 05:33:35 AM We won't be a real market until we can short at have a legitimate futures market. This will allow investors to hedge their positions and provide stability.
Title: Re: How many People Would Short Post by: Kazu on April 14, 2013, 05:35:45 AM When it comes to shorting bitcoin pirateat40 immediately comes to mind. Things did not end up very well when this bear defaulted on his obligations. I would be a bull not a bear, considering you'd be shorting with my money. Title: Re: How many People Would Short Post by: sunnankar on April 14, 2013, 06:35:04 AM We won't be a real market until we can short at have a legitimate futures market. This will allow investors to hedge their positions and provide stability. What will be interesting about this market is that it will be nearly impossible to engage in naked short selling because the counter-parties can always demand delivery and instantly verify the quantity and quality of the bitcoins. |