Author

Topic: naked short selling of bitcoins - how to (Read 1876 times)

legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
March 26, 2013, 09:24:42 AM
#6
I want the Wall St. bitchez to engage in a lot of naked shorts. They'll ruin themselves and learn to leave Bitcoin to people that are more reality-oriented.

They'd just declare bankruptcy and stiff the exchanges that permitted them the credit to run naked shorts.  We have nothing to gain by permitting holders of US $ to short bitcoins naked.  They can short fully covered, like the rest of us, and still lose their shirt just fine.  I should know, I lost nearly everything.

Yep, full reserve trading it the only way.    Mark these words. 
legendary
Activity: 1708
Merit: 1010
March 25, 2013, 06:41:41 PM
#5
I want the Wall St. bitchez to engage in a lot of naked shorts. They'll ruin themselves and learn to leave Bitcoin to people that are more reality-oriented.

They'd just declare bankruptcy and stiff the exchanges that permitted them the credit to run naked shorts.  We have nothing to gain by permitting holders of US $ to short bitcoins naked.  They can short fully covered, like the rest of us, and still lose their shirt just fine.  I should know, I lost nearly everything.
sr. member
Activity: 476
Merit: 250
March 25, 2013, 06:36:05 PM
#4
I want the Wall St. bitchez to engage in a lot of naked shorts. They'll ruin themselves and learn to leave Bitcoin to people that are more reality-oriented.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
March 25, 2013, 06:32:03 PM
#3
using RIPPLE-COIN it might in theory be poss to naked short sell BTC

or if someone else comes up with a scheme, like Mt.Gox operatives.

would that be desirable for the sake of a more stable exchange rate ?


The last thing we want is naked short selling and derivatives.  We need less pure speculation and more price discovery.  Go back to Wall St.

Dalkore
legendary
Activity: 1708
Merit: 1010
March 25, 2013, 08:16:55 AM
#2
selling naked is extremely dangerous.
newbie
Activity: 28
Merit: 0
March 25, 2013, 08:15:56 AM
#1
using RIPPLE-COIN it might in theory be poss to naked short sell BTC

or if someone else comes up with a scheme, like Mt.Gox operatives.

would that be desirable for the sake of a more stable exchange rate ?
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