Bitcoin is correcting, what if big players could massively short it?

Lowleary

member

Activity: 143

Merit: 10

Quote from: DavZor on December 08, 2017, 06:49:21 AM

When the price goes down, everyone is incentivized to buy some more because it's very hard to short it. You buy some, wait for your profits, then exit and start again.

Meaning : The current meta is made for bulls.

Hence my question : what would happen right now if big players could short it? Would it drive the price down like crazy? Will bitcoin futures change the meta?

they made it many times and can make it only need correction or bad news and sell all them bitcoins.

price will crashing and they will buy more with low price

Herbert2020

legendary

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there is no "what if" in what you are asking. shorting have always been happening during each drop for years. in fact i do believe that a big reason why the drops happen and all the FUD is being spread to intensify the drop, is because so many people are shorting bitcoin, big players or small fishes alike.

Quote from: DavZor on December 08, 2017, 06:49:21 AM

Will bitcoin futures change the meta?

no because the way these futures work is that they will close down trading and all positions if price is dropped more than 7% which means they should have closed it back at $18,289.38 when the first drop happened.

kaysersoze

full member

Activity: 220

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No, wallstreet and the futures are not active at the moment, so they can not be shorting it.
And even if they did, the price couldn't drop that much, so no, it is not happening and the price is only going down because of manipulation.

CyberKuro

hero member

Activity: 798

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Bitcoin price still tanks over $10,000 which a good thing as we start this year with less than $1,000
The last correction from $20K to $11K and bitcoin already recovered to $16K a few days ago. However, bitcoin price fluctuates significantly in every hour, more than $1000-$2000. We should get used to it as bitcoin market getting bigger, but how about big players? Bitcoin has great potential in the future, I doubt for bi players will massively short it as the biggest players in bitcoin market are those who have invested millions of dollars and want to earn a long-term profit.
If it really happens in the future, bitcoin price will crash and fall to uncertain price, but will always recover again, and again. So, no need to worry about it.

Wayan_Pedjeng

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How many of the Bitcoin exchanges offer the option of shorting? I have heard about GDAX, but are there any other exchanges out there? Don't worry about CBOE and CME, as they are dealing with futures and not the actual coins.

km4700ruda

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Activity: 518

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What do you mean with "big players"? Wall's street and the futures from the CBOE are not working right now, they can not short anything, because they are not opening the markets on Sundays, and not even tomorrow because of xmas. The price isn't being shorted right now.

Beerwizzard

full member

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Nothing will happen. If under big players you understand skilled BTC traders (I can't say that early adopters are skilled investors so there is a difference there) so they should have a skill to make short trades in the bear market to get their profits. Thats the point where all fake crypto traders are uncovered. I'm pretty sure that major investors are trading right now and as you see nothing serious happens.

Yieng7th

newbie

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Quote from: DavZor on December 08, 2017, 06:49:21 AM

When the price goes down, everyone is incentivized to buy some more because it's very hard to short it. You buy some, wait for your profits, then exit and start again.

Meaning : The current meta is made for bulls.

Hence my question : what would happen right now if big players could short it? Would it drive the price down like crazy? Will bitcoin futures change the meta?

that was happening now bitcoin correction to 11,000$ and big players on coinbase buy more bitcoins and make price stable at 14,000$

now price moving fast

949miner

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Stake & Vote or Become a IoTeX Delegate!

Not only for bulls or big whales, you can short the price too, but currently the market is very manipulated, that is why we see deep dips, and long increases.

Quote from: DavZor on December 08, 2017, 06:49:21 AM

When the price goes down, everyone is incentivized to buy some more because it's very hard to short it. You buy some, wait for your profits, then exit and start again.Meaning : The current meta is made for bulls.

Why do you think that it suddenly dropped from $20k to $11k? Because the big whales decided to sell and short the price, so they could buy at a lower price and make profit from that.

This is just the play of the biggest fishes in here, it happens on the stock market too, it happens everywhere in where you can use money, there is nothing new with this.

Fortify

legendary

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I'd say the recent price drop proves you are right, the price of bitcoin looks like it is in a huge bubble right now and professional traders were banking on the price tanking. Bitcoin futures enabled them to bet against bitcoin and it seems too much of a coincidence to happen a week after they started selling.

terracapable

newbie

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This looks like some nice conspiracy. But there may be a big chance where the big investors might play around the market by next year.

DavZor

newbie

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When the price goes down, everyone is incentivized to buy some more because it's very hard to short it. You buy some, wait for your profits, then exit and start again.

Meaning : The current meta is made for bulls.

Hence my question : what would happen right now if big players could short it? Would it drive the price down like crazy? Will bitcoin futures change the meta?

Topic: Bitcoin is correcting, what if big players could massively short it? (Read 298 times)