Author

Topic: Panic selling driving the prices down. (Read 802 times)

newbie
Activity: 17
Merit: 0
October 19, 2011, 03:53:53 PM
#7
I wish there was a way to short bitcoins, could be making a killing here. I am glad that I waited to buy. Sale me those bitcoins for cheap Smiley

https://campbx.com/ and https://www.bitcoinica.com/ both allow short-selling.

Sweet the campbx looks pretty good. I didn't know this existed.

Thanks.

legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
October 19, 2011, 02:58:31 PM
#6
There are ways to short bitcoin, even naked shorting. It's not for the faint of heart but if look around here you can find a few sites where it is practiced.

How is naked shorting possible? 

To short something, you need to be able to locate and borrow shares or units of the item to short.   


In naked shorting you have not borrowed or located the money you need. It sounds crazy, but you are essentially betting with money you don't have.
full member
Activity: 130
Merit: 100
October 19, 2011, 02:53:40 PM
#5
There are ways to short bitcoin, even naked shorting. It's not for the faint of heart but if look around here you can find a few sites where it is practiced.

How is naked shorting possible? 

To short something, you need to be able to locate and borrow shares or units of the item to short.   

vip
Activity: 156
Merit: 103
Cleverly disguised as a responsible adult.
October 19, 2011, 02:46:48 PM
#4
I wish there was a way to short bitcoins, could be making a killing here. I am glad that I waited to buy. Sale me those bitcoins for cheap Smiley

https://campbx.com/ and https://www.bitcoinica.com/ both allow short-selling.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
October 19, 2011, 02:25:08 PM
#3
There are ways to short bitcoin, even naked shorting. It's not for the faint of heart but if look around here you can find a few sites where it is practiced.
full member
Activity: 130
Merit: 100
October 19, 2011, 02:07:03 PM
#2
If you hold fiat cash, you are essentially shorting bitcoin.

Now if you borrow bitcoin, trade for fiat cash (like USD), and then pay back the same amount of bitcoin later, that would be shorting as well.
newbie
Activity: 17
Merit: 0
October 19, 2011, 01:51:19 PM
#1
I wish there was a way to short bitcoins, could be making a killing here. I am glad that I waited to buy. Sale me those bitcoins for cheap Smiley

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