Bitcoin Forum
June 23, 2017, 12:35:01 PM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: How can you short sell Bitcoins?  (Read 1617 times)
gabrielle
Newbie
*
Offline Offline

Activity: 11


View Profile
June 15, 2011, 03:22:48 AM
 #1

i want to make some money by shorting this sucker to 0.
1498221301
Hero Member
*
Offline Offline

Posts: 1498221301

View Profile Personal Message (Offline)

Ignore
1498221301
Reply with quote  #2

1498221301
Report to moderator
1498221301
Hero Member
*
Offline Offline

Posts: 1498221301

View Profile Personal Message (Offline)

Ignore
1498221301
Reply with quote  #2

1498221301
Report to moderator
1498221301
Hero Member
*
Offline Offline

Posts: 1498221301

View Profile Personal Message (Offline)

Ignore
1498221301
Reply with quote  #2

1498221301
Report to moderator
Join the Crowdfunding Revolution ►► FundYourselfNow.com ◄◄ Crowdsale with
attractive rewards
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1498221301
Hero Member
*
Offline Offline

Posts: 1498221301

View Profile Personal Message (Offline)

Ignore
1498221301
Reply with quote  #2

1498221301
Report to moderator
1498221301
Hero Member
*
Offline Offline

Posts: 1498221301

View Profile Personal Message (Offline)

Ignore
1498221301
Reply with quote  #2

1498221301
Report to moderator
EpicFail
Jr. Member
*
Offline Offline

Activity: 46


View Profile
June 15, 2011, 03:29:23 AM
 #2

You need to find someone willing to lend you X bitcoins for Y months for a small fee (Z).

You sell the X BTC now and after Y months you but it back from the open market and give the guy back his X BTC + Z. You hope that you will be able to buy the X BTC back for something close to 0.
Shinobi
Full Member
***
Offline Offline

Activity: 196


View Profile
June 15, 2011, 03:35:24 AM
 #3

.... and with such a volatile market lacking in any possible market analysis, this will blow up in your face quite easily.

_______
Thinking of using a cheap, yet reliable VPN? Go with PrivateInternetAccess. Not a referral link. Just a satisfied customer!
TGE
Newbie
*
Offline Offline

Activity: 25


View Profile
June 15, 2011, 05:03:14 AM
 #4

IF it goes to 0...you double your money shorting. If it goes up big time...you a big time f'd in your anus.
Rogue Star
Member
**
Offline Offline

Activity: 89


View Profile
June 15, 2011, 05:15:29 AM
 #5

next best bet is to do the good old sell high, buy low. it's mostly gambling though when you are talking about a deflationary currency. I'm no expert, but my advise it to only bet against the price going up after you've cashed out some BTC at whatever rate you planned well in advance.

you can donate to me for whatever reason at: 18xbnjDDXxgcvRzv5k2vmrKQHWDjYsBDCf
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!