Bitcoin Forum

Economy => Securities => Topic started by: Seth Otterstad on August 23, 2013, 02:49:39 PM



Title: Where can i short Tesla stock using bitcoin?
Post by: Seth Otterstad on August 23, 2013, 02:49:39 PM
I want to short tesla.  What is the best way to do this reasonably fast?  I have a US and UK bank account if converting to fiat first is the best way.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: dRMergatroid on August 24, 2013, 09:39:45 PM
Ha. That's funny. 115 views and no reply.

Why don't you try a broker.

or a friend with a brokerage account...


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: BrightAnarchist on August 24, 2013, 09:43:22 PM
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: stslimited on August 24, 2013, 11:36:53 PM
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.

so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share

it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say

it finally crashed to $70 over multiple quarters, and declined a little further below an expected value


Tesla is following a very similar story, regarding debt and share price increases


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: cryptoanarchist on August 24, 2013, 11:39:27 PM
Is it overbought? I see them all over the place in LA.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: hl5460 on August 25, 2013, 12:11:19 AM
I want to short tesla.  What is the best way to do this reasonably fast?  I have a US and UK bank account if converting to fiat first is the best way.

Try: https://www.predictious.com/
Official thread: https://bitcointalk.org/index.php?topic=264443.0


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: Seth Otterstad on August 25, 2013, 04:02:40 AM
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.

so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share

it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say

it finally crashed to $70 over multiple quarters, and declined a little further below an expected value


Tesla is following a very similar story, regarding debt and share price increases

I don't see how netflix supports this position, since it was at $63 one year after it was at $140.  I see that if I shorted at $140, I would have been squeezed out of my short at $280 and forced to buy back, eliminating any gain from the crash.  I don't consider a short squeeze a problem with Tesla, because if the price doubles in a year, putting it near GM market cap, I will want to short it with a position several times larger than the position I am currently looking at.  Tesla has sold 15,000 vehicles.  GM sells 15,000 every two days.

Is it overbought? I see them all over the place in LA.
Almost half of Tesla sales are to California.  What you are seeing is not representative of the US market.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: stslimited on August 25, 2013, 07:25:23 AM
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.

so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share

it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say

it finally crashed to $70 over multiple quarters, and declined a little further below an expected value


Tesla is following a very similar story, regarding debt and share price increases

I don't see how netflix supports this position, since it was at $63 one year after it was at $140.  I see that if I shorted at $140, I would have been squeezed out of my short at $280 and forced to buy back, eliminating any gain from the crash.  I don't consider a short squeeze a problem with Tesla, because if the price doubles in a year, putting it near GM market cap, I will want to short it with a position several times larger than the position I am currently looking at.  Tesla has sold 15,000 vehicles.  GM sells 15,000 every two days.

Is it overbought? I see them all over the place in LA.
Almost half of Tesla sales are to California.  What you are seeing is not representative of the US market.

The market can stay irrational longer than you can stay solvent.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: redbeans2012 on August 25, 2013, 07:28:37 AM
Isn't there a place on tor where you can buy stocks using bitocin?  Look for it.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: Seth Otterstad on August 25, 2013, 08:33:20 PM
The market can stay irrational longer than you can stay solvent.
If I were risking my own solvency, I would agree.  Tesla stock would have to hit 1k for me to risk

I can't believe no one runs a bucket shop that accepts bitcoin.  Maybe I should start one.  I am not going to risk a lot of money on a tor site.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: kokojie on August 25, 2013, 08:42:41 PM
Is it overbought? I see them all over the place in LA.

I think they are. Ferrari market cap 7.7B. Tesla currently nearly 20B


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: joesmoe2012 on August 25, 2013, 08:50:26 PM
The market can stay irrational longer than you can stay solvent.
If I were risking my own solvency, I would agree.  Tesla stock would have to hit 1k for me to risk

I can't believe no one runs a bucket shop that accepts bitcoin.  Maybe I should start one.  I am not going to risk a lot of money on a tor site.

I think because of regulation it would be too difficult to do.


Title: Re: Where can i short Tesla stock using bitcoin?
Post by: bizz on August 26, 2013, 08:13:23 PM
1broker.com offers CFDs on few US stocks but not on Tesla I think. Maybe try to contact owner to see if he wants to include it.