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Title: Easy to short bitcoins? Post by: gen. specific on July 09, 2011, 07:19:36 PM Hello, I would like to periodically short bitcoins
or possibly, short the right to short bitcoins. I like derivatives. Is there any shorting on the bitcoin exchanges, or do you just reverse the direction of your BTC/Currency of choice trade? Title: Re: Easy to short bitcoins? Post by: nmat on July 09, 2011, 07:30:07 PM I don't think that exists yet, but I saw this a couple of days ago: http://www.bitcoinnews.com/post/7353335965/venturebeat-cam-pbx-exchange
Title: Re: Easy to short bitcoins? Post by: Title12USC§411 on July 09, 2011, 07:34:08 PM I think Mt.Gox is going to make that available for a fee.
Title: Re: Easy to short bitcoins? Post by: msb8r on July 09, 2011, 07:35:33 PM Newcomer CampBX (http://campbx.com) has an option for shorting bitcoins.
Haven't tried them myself, so can't comment on whether they are any good or not. But they seem to have put some efforts into creating a secure exchange platform. Title: Re: Easy to short bitcoins? Post by: Stephen Gornick on July 09, 2011, 07:38:32 PM You could write a CALL option, similar to this one:
- http://bitcoin-otc.com/vieworder.php?id=4336 (That specific CALL option is for 10 BTCs, strike price $20.00, expiration Jul 17th, premium 2.0 PPUSD) Of course, a buyer of your call option in an OTC setting will want to have an assurance that you would deliver if the buyer wishes to execute the option. That is something that was accommodated with ClearCoin, but that escrow service is no longer available. OTC option orders are documented here: - http://wiki.bitcoin-otc.com/wiki/Option_orders There is also BitOption. BitOption escrows all USDs and BTCs with Mt. Gox exchange. BitOption is very new but they are rolling out some updates over the next days that should help the concept work: - http://en.bitcoin.it/wiki/Bitoption Another method that will be coming is the margin trading through CampBX. They too just launched and don't have the margin trading feature available yet. - http://www.campbx.com Title: Re: Easy to short bitcoins? Post by: kokjo on July 09, 2011, 07:42:45 PM Newcomer CampBX (http://campbx.com) has an option for shorting bitcoins. we dont know if they are secure... but there website is pretty!Haven't tried them myself, so can't comment on whether they are any good or not. But they seem to have put some efforts into creating a they have only been around for 4-5 days, we dont know yet. Title: Re: Easy to short bitcoins? Post by: msb8r on July 09, 2011, 08:08:52 PM Newcomer CampBX (http://campbx.com) has an option for shorting bitcoins. we dont know if they are secure... but there website is pretty!Haven't tried them myself, so can't comment on whether they are any good or not. But they seem to have put some efforts into creating a they have only been around for 4-5 days, we dont know yet.
Title: Re: Easy to short bitcoins? Post by: kokjo on July 09, 2011, 08:36:07 PM
PCI DSS a standard that even my computer comply with, it is nearly impossible not to. it says nothing. okey then they have been around for 20 days. +1 and they are placed in USA, which means men in black suits comes knocking on my door someday, even if i live in Europe. they are of course seeing this as good. i would rater like a 'offshore' exchange. (from an European point of view they are already offshore, but you know) i just dont like it. /opinion. (yes i still do trade on mtgox) Title: Re: Easy to short bitcoins? Post by: nmat on July 09, 2011, 08:52:53 PM we dont know if they are secure... but there website is pretty! This ;D Title: Re: Easy to short bitcoins? Post by: gen. specific on July 10, 2011, 12:58:44 AM wow, this is developing fast! A few bad press puts bitcoin on everyone's radar and the market pours itself in!
Title: Re: Easy to short bitcoins? Post by: MtRev on July 11, 2011, 08:51:27 AM campbx.com allows you to short
Title: Re: Easy to short bitcoins? Post by: Stephen Gornick on July 11, 2011, 09:18:57 AM campbx.com plans to some day allow you to short Fixed that for you. Title: Re: Easy to short bitcoins? Post by: linkme on July 11, 2011, 09:58:56 AM we dont know if they are secure... but there website is pretty! This ;D wow... almost too pretty to be taken seriously. Feels like a template purchase though. Title: Re: Easy to short bitcoins? Post by: MtRev on July 11, 2011, 01:59:53 PM Oh, sorry, my mistake. I logged in and saw the short option, but didn't know it wasnt working.
Title: Re: Easy to short bitcoins? Post by: Cosbycoin on September 12, 2011, 10:11:49 PM recently there was a site on the main forum that just came out that offers margin trading.
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