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Topic: Anybody net short bitcoin? - page 2. (Read 1783 times)

legendary
Activity: 1232
Merit: 1002
July 26, 2014, 01:41:53 AM
#7
I don't know if it is a good idea to borrow BTC .... how will you pay your debt if the price goes up?
sr. member
Activity: 371
Merit: 250
July 26, 2014, 01:39:30 AM
#6
I think bitcoin will go to below $200. I am thinking about shorting (borrow bitcoin and sell them). I know Bitfinex can do this? anybody out there is shorting bitcoin right now?
What is your experience shorting bitcoin?
Thanks, a lot of people may hate me since you are dead bull.

Shorting anything: stocks, commodities, whatever, is a bitch on your stress levels. With btc that stress is multiplied because there's not much history to make judgment calls. A lot of very experienced vulture capitalists are putting big amounts of cash into bitcoin related businesses right now so unless you have some inside knowledge about some black swan (gox II) about to hit, you would be better off heading to las vegas. At least there you can stare at pretty chicks while you lose your money. I can think of more reasons as to why btc will go up rather than down but frankly nobody knows what will happen. Good luck whichever way you decide.
newbie
Activity: 46
Merit: 0
July 26, 2014, 01:32:03 AM
#5
I am way short on bitcoin. Need many more to be net long.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
July 26, 2014, 12:43:03 AM
#4
lol I am short Bitcoin as I do not have "enough". Feel free to send some my way. lol
newbie
Activity: 28
Merit: 0
July 26, 2014, 12:37:20 AM
#3
Bad move

CRS the THINK TANK of Congress said this the other day about bitcoin

Bitcoin is similar to a currency based on a GOLD STANDARD

I hear that news is huge tomorrow

BTC jumps past 6K bubble right to 60K bubble

legendary
Activity: 1067
Merit: 1000
July 26, 2014, 12:29:32 AM
#2
Shorting the Dec future at the moment. Should the spread go up, I will short more.
mkc
hero member
Activity: 517
Merit: 501
July 25, 2014, 11:57:13 PM
#1
I think bitcoin will go to below $200. I am thinking about shorting (borrow bitcoin and sell them). I know Bitfinex can do this? anybody out there is shorting bitcoin right now?
What is your experience shorting bitcoin?
Thanks, a lot of people may hate me since you are dead bull.
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