Bitcoin Forum
December 12, 2017, 06:02:49 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: I found a way to short BTC  (Read 1541 times)
qualia8
Full Member
***
Offline Offline

Activity: 210


View Profile
June 26, 2011, 05:08:34 AM
 #1

1. Buy 50 BTC on Mt.Gox during crash at very low price. 
2. Withdraw BTC up to daily maximum. 
3. Wait for MtGox to reverse the trade and give you a negative BTC balance.
1513101769
Hero Member
*
Offline Offline

Posts: 1513101769

View Profile Personal Message (Offline)

Ignore
1513101769
Reply with quote  #2

1513101769
Report to moderator
1513101769
Hero Member
*
Offline Offline

Posts: 1513101769

View Profile Personal Message (Offline)

Ignore
1513101769
Reply with quote  #2

1513101769
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513101769
Hero Member
*
Offline Offline

Posts: 1513101769

View Profile Personal Message (Offline)

Ignore
1513101769
Reply with quote  #2

1513101769
Report to moderator
Anonymous
Guest

June 26, 2011, 05:16:57 AM
 #2

3. Wait for MtGox to reverse the trade and give you a negative BTC balance.

Well, that's a slap on the knee.
DrYe5
Sr. Member
****
Offline Offline

Activity: 252


ALGORY.io Crowdsale starts on 8/12/2017


View Profile
June 26, 2011, 05:30:18 AM
 #3

3. Wait for MtGox to reverse the trade and give you a negative BTC balance.

Well, that's a slap on the knee.

lol

.
            ▀███████████████▄▄
              █████████████████
               █████████████████
                █████████████████
                 █████████████████
                  █████████████████
        ▄▄▄▄       █████████████████
    ▄██████████▄    █████████████████
   ██████████████    █████████████████
  ████████████████    █████████████████
 ██████████████████    █████████████████
 ██████████████████     █████████████████
 ██████████████████      █████████████████
  ████████████████        █████████████████
   ██████████████          █████████████████
    ▀██████████▀            ▀████████████████▄
       ▀▀▀▀▀▀ 
ALGORY  Multifunctional Tool for Cryptocurrency Trading 
Join Whitelist and Get 20% Bonus┃CROWDSALE ON DEC. 8
           ░████████████▒
       ░████████████████████░
     ░████████████████████████▒
   ░████████████████████████████░
  ░██████████████████   █████████▒
 ░███████████████      ▒██████████░
 █████████████         ████████████
░██████████            ████████████░
░██████                ████████████▒
░█████████████▒▒      ▒████████████▒
 ████████████████     █████████████░
 ▒████████████████    ████████████▒
  ▒████████████████▒  ████████████
   ░█████████████████ ██████████▒
     ██████████████████████████░
       ▒█████████████████████
          ░██████████████▒
nathanrees19
Full Member
***
Offline Offline

Activity: 196



View Profile
June 26, 2011, 05:32:00 AM
 #4

1. Buy 50 BTC on Mt.Gox during crash at very low price. 
2. Withdraw BTC up to daily maximum. 
3. Wait for MtGox to reverse the trade and give you a negative BTC balance.

Can you find a method that doesn't involve time travel and/or exchange-wide misfortune please?
qualia8
Full Member
***
Offline Offline

Activity: 210


View Profile
June 26, 2011, 05:39:30 AM
 #5

I'm not terribly bright.  Only figured out that method because it happened to me.  I realized I suddenly had limited unlimited potential losses.  Wink
oneforall
Member
**
Offline Offline

Activity: 112


View Profile
June 26, 2011, 05:46:21 AM
 #6

I'm not terribly bright.

this implies you consider yourself somewhere in the range of 100% dim right up to the edge of terribly bright, I'd think even you would be able to narrow the range down a bit more than that. maybe more honest would be, "I'm not at all bright".
1.21gigawatts
Member
**
Offline Offline

Activity: 98


View Profile
June 26, 2011, 07:18:27 AM
 #7

how about just sell high and buy back low?
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!