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Author Topic: How to short ASICMINER????  (Read 1486 times)
ThePok (OP)
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July 03, 2013, 06:50:44 AM
 #1

Hello!

5 BTC .....2 million Value and only 10 Million Bitcoins to go, thats crazy, i want to short the Crap out of it, but how?Huh
Rodyland
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July 03, 2013, 07:06:03 AM
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Find someone willing to loan you their AM shares, and sell them.  That's a good old fashioned covered short sale.

Or you could use options to achieve a similar effect.  You could buy some out-of-the money put options.  Or you could write some naked in-the-money calls.  If writing options, I would go for European style, of course.

Everything except buying the puts would require you to put up collateral to guarantee that you'd fulfil your obligations.

Beware the weak hands!
1NcL6Mjm4qeiYYi2rpoCtQopPrH4PyKfUC
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telemaco
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July 03, 2013, 11:25:52 AM
 #3

In BTC-TC you can use options
🏰 TradeFortress 🏰
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July 03, 2013, 12:08:22 PM
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In BTC-TC you can use options
And bitfunder and cryptostocks.
Komodorpudel
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July 03, 2013, 12:21:04 PM
 #5

Hello!

5 BTC .....2 million Value and only 10 Million Bitcoins to go, thats crazy, i want to short the Crap out of it, but how?Huh

ASICMiner is still undervalued my friend Smiley

Google Price-Earnings-Ratio or: http://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio

Maybe you re right and the price will fall, but there is no fundamental reason right now.
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July 03, 2013, 12:22:12 PM
 #6

Hello!

5 BTC .....2 million Value and only 10 Million Bitcoins to go, thats crazy, i want to short the Crap out of it, but how?Huh

ASICMiner is still undervalued my friend Smiley

Google Price-Earnings-Ratio or: http://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio

Maybe you re right and the price will fall, but there is no fundamental reason right now.
Keep in mind the block reward halving.
Komodorpudel
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July 03, 2013, 12:27:21 PM
 #7

Hello!

5 BTC .....2 million Value and only 10 Million Bitcoins to go, thats crazy, i want to short the Crap out of it, but how?Huh

ASICMiner is still undervalued my friend Smiley

Google Price-Earnings-Ratio or: http://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio

Maybe you re right and the price will fall, but there is no fundamental reason right now.
Keep in mind the block reward halving.


I know, but even if block reward gets halved right now, ASICMINER shares are cheap. Maybe it doesn't rise anymore but at least there is no reason for the share prices to fall.

EDIT:
But if anyone has a reason why price should fall, tell me why. I would like to know Smiley
davos
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July 03, 2013, 12:34:32 PM
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Deposit btc with an escrow and borrow shares against that

superduh
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July 03, 2013, 04:12:29 PM
 #9

the assumption is as the network gains traction transaction fees will begin making up a greater part of the rewards.

ok
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July 03, 2013, 08:54:14 PM
 #10

the assumption is as the network gains traction transaction fees will begin making up a greater part of the rewards.

This.

Sure, there's only 10 mil BTC left to be mined, but that's only new coins.  Old coins will cycle indefinitely in the transaction fees.

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July 31, 2013, 02:27:59 PM
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"But if anyone has a reason why price should fall, tell me why. I would like to know"


This ^

Every time I see the price dip I buy like crazy!
Dexter770221
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July 31, 2013, 02:34:32 PM
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EDIT:
But if anyone has a reason why price should fall, tell me why. I would like to know Smiley

COMPETITION.

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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July 31, 2013, 05:49:45 PM
 #13


EDIT:
But if anyone has a reason why price should fall, tell me why. I would like to know Smiley

COMPETITION.

Not really, just speculation and whales freeing up coin for the labcoin obvious bubble.

Will take me a while to climb up again, But where is a will, there is a way...
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