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Author Topic: naked short selling of bitcoins - how to  (Read 1857 times)
mai77 (OP)
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March 25, 2013, 01:15:56 PM
 #1

using RIPPLE-COIN it might in theory be poss to naked short sell BTC

or if someone else comes up with a scheme, like Mt.Gox operatives.

would that be desirable for the sake of a more stable exchange rate ?
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MoonShadow
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March 25, 2013, 01:16:55 PM
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selling naked is extremely dangerous.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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March 25, 2013, 11:32:03 PM
 #3

using RIPPLE-COIN it might in theory be poss to naked short sell BTC

or if someone else comes up with a scheme, like Mt.Gox operatives.

would that be desirable for the sake of a more stable exchange rate ?


The last thing we want is naked short selling and derivatives.  We need less pure speculation and more price discovery.  Go back to Wall St.

Dalkore

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March 25, 2013, 11:36:05 PM
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I want the Wall St. bitchez to engage in a lot of naked shorts. They'll ruin themselves and learn to leave Bitcoin to people that are more reality-oriented.
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March 25, 2013, 11:41:41 PM
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I want the Wall St. bitchez to engage in a lot of naked shorts. They'll ruin themselves and learn to leave Bitcoin to people that are more reality-oriented.

They'd just declare bankruptcy and stiff the exchanges that permitted them the credit to run naked shorts.  We have nothing to gain by permitting holders of US $ to short bitcoins naked.  They can short fully covered, like the rest of us, and still lose their shirt just fine.  I should know, I lost nearly everything.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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March 26, 2013, 02:24:42 PM
 #6

I want the Wall St. bitchez to engage in a lot of naked shorts. They'll ruin themselves and learn to leave Bitcoin to people that are more reality-oriented.

They'd just declare bankruptcy and stiff the exchanges that permitted them the credit to run naked shorts.  We have nothing to gain by permitting holders of US $ to short bitcoins naked.  They can short fully covered, like the rest of us, and still lose their shirt just fine.  I should know, I lost nearly everything.

Yep, full reserve trading it the only way.    Mark these words. 

Hosting: Low as $60.00 per KW - Link
Transaction List: jayson3 +5 - ColdHardMetal +3 - Nolo +2 - CoinHoarder +1 - Elxiliath +1 - tymm0 +1 - Johnniewalker +1 - Oscer +1 - Davidj411 +1 - BitCoiner2012 +1 - dstruct2k +1 - Philj +1 - camolist +1 - exahash +1 - Littleshop +1 - Severian +1 - DebitMe +1 - lepenguin +1 - StringTheory +1 - amagimetals +1 - jcoin200 +1 - serp +1 - klintay +1 - -droid- +1 - FlutterPie +1
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