Is Plus500 the only platform that allows traders to short bitcoins?

[realdos]

Which means traders could sell bitcoins when they actually don't have them.
I think the short mechanism is a factor that prevents the price of bitcoin to fall drastically.. Should have more platforms introduced..

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[joesmoe2012]

Bitfinex is at least one other option. Maybe try searching.

[ThePok]

www.icbit.se too

[naphto]

plus500 is not dealing with bitcoins. They just allow to trade and speculate about the mtgox price. So, it does not impact the price, since it does create any order on the market.

[redwraith]

plus500 is not dealing with bitcoins. They just allow to trade and speculate about the mtgox price. So, it does not impact the price, since it does create any order on the market.

ripple is not a scam. 

[naphto]

plus500 is not dealing with bitcoins. They just allow to trade and speculate about the mtgox price. So, it does not impact the price, since it does create any order on the market.

ripple is not a scam. 

What does it have to do with my message? Huh.

[MPOE-PR]

Which means traders could sell bitcoins when they actually don't have them.
I think the short mechanism is a factor that prevents the price of bitcoin to fall drastically.. Should have more platforms introduced..

No, but it's probably the only one you're personally shilling.

[realdos]

plus500 is not dealing with bitcoins. They just allow to trade and speculate about the mtgox price. So, it does not impact the price, since it does create any order on the market.

But what happens if the market price is falling and most of its customers are shorting bitcoins?

[naphto]

plus500 is not dealing with bitcoins. They just allow to trade and speculate about the mtgox price. So, it does not impact the price, since it does create any order on the market.

But what happens if the market price is falling and most of its customers are shorting bitcoins?

The broker will obviously lose a lot of money ...
Probably ban some high profitable accounts, invoking their TOS. Also close the possibility of trading during high volatibility market.
I don't know exactly which mechanisms they are using, if they hedge the positions or not, I think that it is somehow balanced between bull/bear, and they can support some downsprings.

[Hfleer]

plus500 is not dealing with bitcoins. They just allow to trade and speculate about the mtgox price. So, it does not impact the price, since it does create any order on the market.

But what happens if the market price is falling and most of its customers are shorting bitcoins?

The broker will obviously lose a lot of money ...
Probably ban some high profitable accounts, invoking their TOS. Also close the possibility of trading during high volatibility market.
I don't know exactly which mechanisms they are using, if they hedge the positions or not, I think that it is somehow balanced between bull/bear, and they can support some downsprings.

If they cover their position all the above is nonsense.

[naphto]

If they cover their position all the above is nonsense.

I don't work for them. I don't know how they make money ...