Topic: Warning: How many of you Bears have ever been a victim of a Short Squeeze? - page 32. (Read 43772 times)

If there's a pool of huge reserves of USD and BTC, why not? You can long BTC with only BTC, or short BTC with only USD.

Never been there and don't feel like creating an account. But I'd really like to know: Can you do really naked shorts? Like in betting money you don't have?

it doesn't bother me at all.  because they will soon give it all back and more.

Interestingly, Bitcoinica has been in net long for the past 24 hours.

 hehehehehehehe, limit shorts without checking bids FTL. ;p thanks for the read. 

I’m just wondering what the perfect time is? The 4.18 double bottom with capitulation sell volume looked pretty convincing, and yet it didn’t progress beyond 7/6.8, implying there was no big money involved.

i'll just leave this here: https://bitcointalksearch.org/topic/a-little-lesson-learned-the-hard-way-margin-call-43713

Why does it bother you so much that people are making money, even while btc is in a decline? 

i've only heard of one; Bitcoinica.  never been there but i bet its popular right now.

i only hope they've made sure all their clientele have posted above average margin requirements when the Squeeze comes.  Bitcoinica could be wiped out as well if they haven't done this.

how many places are there where you can short BTC?

I have.  And its not pleasant.  In fact, they are extremely vicious.  Without appropriate risk management, they have the ability to wipe you out.

Imagine the Spring ramp repeating itself while you're holding short.  The mentality has settled in with virtually all the Bears that Bitcoin is done and is going to zero.  They are taking their victory laps and cheering their profits.  This type of mentality is just as bad as the speculative bubble, only in reverse.  

I have most unpleasant news for you.  The Squeeze of the Century is coming.  It may not be tomorrow, next month, or even next year, buts its coming and you will be crushed.  

I know the feeling.  You shorts are probably sleeping less well now while you're making profits than you did before.  Thats because deep down you know the protocol has not failed, you know that 99% of the people want Bitcoin but just don't know it yet, you know the developers are still out there and working on improvements, and you know that big money is waiting on the sidelines for the perfect time to buy and buy hard.

Typically the ramps come in the middle of the night.  You wake up and the price has doubled trapping you deeply in the losing trade.  You wait and wait for the price to come back down but it never does as the price moves upwards incessantly to force you to cover.  The pendulum has swung too far to the wrong side.

Just wait.  Its coming...