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Topic: ****$10**** - page 3. (Read 6318 times)

full member
Activity: 134
Merit: 100
August 02, 2012, 04:56:15 PM
#16
But if you think they are going down, you now have no way to short.

Borrow Bitcoins. Sell Bitcoins. Congrats, you are now short.

Seriously, I LOLed about this......

That's just one part of short... you wait til it goes below 10 and buy back the coins.. and u keep the difference.. that's the short...
legendary
Activity: 2044
Merit: 1000
August 02, 2012, 04:37:01 PM
#15
But if you think they are going down, you now have no way to short.

Borrow Bitcoins. Sell Bitcoins. Congrats, you are now short.

Seriously, I LOLed about this......
hero member
Activity: 484
Merit: 500
August 02, 2012, 04:33:04 PM
#14
oh hell ya!  Grin
full member
Activity: 265
Merit: 100
August 02, 2012, 04:20:13 PM
#13
Market Cap >100,000,000 USD
legendary
Activity: 980
Merit: 1020
August 02, 2012, 04:19:23 PM
#12
do we know _ANYTHING_ about why?

Probably not?
sr. member
Activity: 420
Merit: 250
August 02, 2012, 04:18:47 PM
#11
do we know _ANYTHING_ about why?
legendary
Activity: 980
Merit: 1020
August 02, 2012, 04:12:21 PM
#10
Must be a bubble!
vip
Activity: 756
Merit: 503
August 02, 2012, 04:02:29 PM
#9
BTCoom!!!
edd
donator
Activity: 1414
Merit: 1002
August 02, 2012, 03:55:37 PM
#8

My thoughts exactly. I'm more than a little concerned about the ramifications.  Shocked
hero member
Activity: 868
Merit: 1002
August 02, 2012, 03:53:48 PM
#7
Might be time to take out that 5.5% bank loan and stop shorting BTC yoch.
Disclaimer: not that it's any of my business.
legendary
Activity: 2044
Merit: 1000
August 02, 2012, 03:51:44 PM
#6
hero member
Activity: 868
Merit: 1002
August 02, 2012, 03:50:01 PM
#5
****$11****
sr. member
Activity: 431
Merit: 251
August 02, 2012, 03:40:50 PM
#4

BAM, $10 bitches!

It started climbing after Bitcoinica shut down - is that a coincidence?

(Not trying to start anything - serious question - I'm all for higher values)

I'd say quite possibly yes.

With bitcoinica, if you thought bitcoins were going to go up, you could buy them (leveraged if you wanted to).  If you thought Bitcoin was a giant ponzi and you wanted to short them, you could do that too.

Without bitcoinica, if you think bitcoins are going up, you can still buy them.  But if you think they are going down, you now have no way to short.  Of course you can sell what you have, but that eliminates a whole swath of people who want to short and don't have any bitcoins.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
August 02, 2012, 03:32:02 PM
#3

BAM, $10 bitches!

It started climbing after Bitcoinica shut down - is that a coincidence?

(Not trying to start anything - serious question - I'm all for higher values)
hero member
Activity: 868
Merit: 1002
August 02, 2012, 03:28:44 PM
#2
 Smiley
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
August 02, 2012, 03:25:57 PM
#1

BAM, $10 bitches!
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