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Topic: Shorted bitcoin - page 4. (Read 5346 times)

legendary
Activity: 1442
Merit: 1186
October 20, 2014, 05:37:18 PM
#8
I definitely believe it could drop further, but that's a hefty risk shorting 10BTC after all this support in the mid 300 price. I think it's more likely to slowly rise than to fall. But who knows this is bitcoin!
legendary
Activity: 3808
Merit: 1723
October 20, 2014, 05:31:58 PM
#7
If I were a gambling man, I would rather go short then long with the recent price action.

Ever rally gets sold off.

Only reason price is at this level is due to short coverings.
sr. member
Activity: 798
Merit: 250
CurioInvest [IEO Live]
October 20, 2014, 05:02:49 PM
#6
30k bitcoin bought at $300. Cmon man....
legendary
Activity: 1610
Merit: 1004
October 20, 2014, 05:02:43 PM
#5
I took a short position in BTC last night.

Short -10 BTC.

Let's see how it plays out. Im expecting it to go to $200 and lower.

you should know that historically bitcoin has never dropped below the previous ATH of the last bubble. so in this instance that would be the april 2013 peak of $266. i highly doubt it will act differently this time.
hero member
Activity: 784
Merit: 1000
October 20, 2014, 04:57:53 PM
#4
On which site and which ratio?

Ahhh either way it doesn't matter, consider your collateral gone.
legendary
Activity: 1176
Merit: 1000
October 20, 2014, 03:23:11 PM
#3
Who knows in the short term which way the price will blow. But after a 76% decline good luck with that.
legendary
Activity: 1512
Merit: 1000
October 20, 2014, 02:51:09 PM
#2
Say goodbye to your collateral  Cry
full member
Activity: 481
Merit: 102
October 20, 2014, 02:46:36 PM
#1
I took a short position in BTC last night.

Short -10 BTC.

Let's see how it plays out. Im expecting it to go to $200 and lower.
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