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Author Topic: Shorted bitcoin  (Read 5301 times)
dropt
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November 06, 2014, 06:32:36 PM
 #61

How's it looking? underwater yet?

Ok so the price is now falling again.

We'll hit $200 in the next week.

Get the f*** out of bitcon or you'll go broke soon!

Human0idx
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November 06, 2014, 07:06:02 PM
 #62

Good luck... with whats going on in Russia right now.. BTC may make a comeback.. according to Yahoo Finances.
fewcoins
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November 07, 2014, 12:25:25 AM
 #63

Shorting when there is blood in the streets..

The rothschilds would LLLLOVE you.

Shorting on a double bottom... OP you have balls of steel.

OP shorted when price was around 390$, so if he closed his short he has done well.

If he hasn't... BTC could really jump to $600 in a matter of seconds... it probably won't but it could.

Lke I said.. balls of steel.

No it can't jump in a matter of seconds, to reach 600$ in the bullish scenario it would take several weeks.



At a 4.5 billion market cap.. yes yes it could.  Some people shit that.


Correct, a few million dollars thrown into an exchange would be an insane jump but as of right now it would take tens of millions to get up to $600 that fast! Possible but not likely unless a major currency collapse. Fast rises like that don't last though! We need nice slow gains now everyday like the stock market used to be like back in the good ol' days. That's what will last and cause more shorters that are in denial to cover more shorts everyday causing a nice rocket to the moon for BTC
sidhujag
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November 07, 2014, 07:19:45 AM
 #64

How's it looking? underwater yet?

Ok so the price is now falling again.

We'll hit $200 in the next week.

Get the f*** out of bitcon or you'll go broke soon!


....
fewcoins
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November 07, 2014, 01:59:04 PM
 #65

Shorting bitcoin is a thing of the past... a lot of shorters are covering... look at the amount of bitcoin available to borrow for shorting... its insane!
abs350 (OP)
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January 04, 2015, 08:46:29 PM
 #66

Yeah Still around making some good cash money from this one

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twiifm
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January 04, 2015, 08:54:57 PM
 #67

Yeah Still around making some good cash money from this one

Congrats man! Good call
Nagle
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January 04, 2015, 09:16:28 PM
 #68

you should know that historically bitcoin has never dropped below the previous ATH of the last bubble. so in this instance that would be the April 2013 peak of $266. i highly doubt it will act differently this time.
That ended today. Today's low, so far, was $255.
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