Author

Topic: Investors lost hope start dumping GBTC (Read 1539 times)

legendary
Activity: 1176
Merit: 1000
May 16, 2015, 01:00:24 PM
#17
Shorting anything BTC related is a waste of time and a big gamble because it's too new and revolutionary. Only long term plans should be applied to BTC. Shorting is too risky, you never know what is a peak and what is a floor.

It's actually not that risky if you're shorting in a bear market. The price hasn't moved past 200-300 supports since January, these last 6 months were a shorter's heaven.

Short. Profit. Short. Profit. Short. Stopped out. Short. Stopped out. Short. Oh shit!!
newbie
Activity: 3
Merit: 0
Shorting anything BTC related is a waste of time and a big gamble because it's too new and revolutionary. Only long term plans should be applied to BTC. Shorting is too risky, you never know what is a peak and what is a floor.

It's actually not that risky if you're shorting in a bear market. The price hasn't moved past 200-300 supports since January, these last 6 months were a shorter's heaven.

6 months only? i think you can short at last 18 months?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Even though this thread is ridiculous, at least it's a step up from posting filthy kiddie porn and pedophilia references. Maybe socky is heavily medicated recently
It's getting very boring isn't it.
Maybe one day it'll find pastures new & leave this place alone.
I try to block/ignore all the socks but more & more & more appear.
It really must be insane.
Life is there to be lived, spending 24/7 trolling a forum is not the best way to enjoy a fulfilling life.
I always try to analyse stuff but I just can't work this thing out.
It's baffling.
legendary
Activity: 1568
Merit: 1001
Even though this thread is ridiculous, at least it's a step up from posting filthy kiddie porn and pedophilia references. Maybe socky is heavily medicated recently
newbie
Activity: 3
Merit: 0
20$ soon?
hero member
Activity: 770
Merit: 509
Shorting anything BTC related is a waste of time and a big gamble because it's too new and revolutionary. Only long term plans should be applied to BTC. Shorting is too risky, you never know what is a peak and what is a floor.
legendary
Activity: 1512
Merit: 1012
Why dont you look back a few more hours? Or days? Or weeks? Or months?  Cheesy

you cannot read the free market in the past ... not so easy than the closed market (with FED, BCE and BoJ ... behind to print money).  Wink
full member
Activity: 196
Merit: 100
they can actually arbitrage for double current BTC price.
legendary
Activity: 896
Merit: 1000
You can't dump ... if market wait.
See that ? Free market win always ...


Why dont you look back a few more hours? Or days? Or weeks? Or months?  Cheesy
legendary
Activity: 1036
Merit: 1001
/dev/null
uhh, those useless threads from noobs with purpose to FUD are just amazing, moar please!
legendary
Activity: 1512
Merit: 1012
You can't dump ... if market wait.
See that ? Free market win always ...

hero member
Activity: 672
Merit: 503
I think it's dumb as hell. Anyone that is here for the long term will not get desperate over some fluctuations and will hold the entire trajectory, even if it goes to 100 in the following months. Anyone with grey matter knows BTC is insanely cheap right now.
legendary
Activity: 961
Merit: 1000
Some investors of GBTC lost hope of bitcoin going higher after few weeks open trades, they might start dumping their GBTC shares all the way down from 50$, what do you think?

Love it. It's like you write for The Onion.
legendary
Activity: 812
Merit: 1000
Some investors of GBTC lost hope of bitcoin going higher after few weeks open trades, they might start dumping their GBTC shares all the way down from 50$, what do you think?

I doubt they will dump at these prices and taking into account their tax advantages.  Many many people are still in way higher around the 500+ levels we stayed at for many months.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
I hope not, it's way funnier if they stick with it until all the value is eaten up by depreciation and/or fees.
sr. member
Activity: 406
Merit: 250
Activity 0... Dumb ass NLC alt starting stupid topics.     DELETE.
newbie
Activity: 3
Merit: 0
Some investors of GBTC lost hope of bitcoin going higher after few weeks open trades, they might start dumping their GBTC shares all the way down from 50$, what do you think?
Jump to: