JPM, C, BAC, and MS would have been good ones to short before today 
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.my JPM short is doing very well
Topic: So if you believe in bitcoin, which stocks do you short? (Read 1072 times)
my JPM short is doing very well
If I understand correctly the broker will give you cash for selling the stock you borrowed and you only have to leave part of it behind. The rest could go build your BTC position.
If you believe in bitcoin, it's probably best to just invest in bitcoin.
JPM, C, BAC, and MS would have been good ones to short before today .
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I see bitcoin really capable of hurting paypal. There are A LOT of people who absolutely hate the service but are tied into it because it's pretty much the de facto option for auction sites. So then EBAY, (who own paypal), might take a hit, who else, Western Union?? Thoughts?
If BTC gets big enough to actually impact Ebay (paypal) or WU, the amount that you'll make off the short will be orders of magnitude smaller then the amount you would make holding BTC.
+10,000 to this.
And short the Indexes that are denominated by USD, etc. not individual stocks.
As I stated in this thread:
https://bitcointalksearch.org/topic/what-if-scenario-bitcoin-capturing-1-of-western-union-transaction-fees-94046
An examination of bitcoin capturing just 1% of Western Union's money transfer business. In short, it would be quite impressive, and I'm pretty sure we're slowly cannibalizing money transfer organizations around the world as we speak, it just hasn't reached the tipping point yet.
https://bitcointalksearch.org/topic/what-if-scenario-bitcoin-capturing-1-of-western-union-transaction-fees-94046
An examination of bitcoin capturing just 1% of Western Union's money transfer business. In short, it would be quite impressive, and I'm pretty sure we're slowly cannibalizing money transfer organizations around the world as we speak, it just hasn't reached the tipping point yet.
I see bitcoin really capable of hurting paypal. There are A LOT of people who absolutely hate the service but are tied into it because it's pretty much the de facto option for auction sites. So then EBAY, (who own paypal), might take a hit, who else, Western Union?? Thoughts?
If BTC gets big enough to actually impact Ebay (paypal) or WU, the amount that you'll make off the short will be orders of magnitude smaller then the amount you would make holding BTC.
I see bitcoin really capable of hurting paypal. There are A LOT of people who absolutely hate the service but are tied into it because it's pretty much the de facto option for auction sites. So then EBAY, (who own paypal), might take a hit, who else, Western Union?? Thoughts?
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