Who here is shorting Moneros? - page 4.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: TonyT on October 31, 2014, 03:41:44 AM

Quote from: inBitweTrust on October 30, 2014, 08:22:25 PM

Quote from: TonyT on October 30, 2014, 07:53:15 PM

Why? More like How? I understand how shorting works in theory, but has anybody actually tried to short BTC? I'm having a hard time buying it, much less shorting it. Any actual experiences appreciated. Do the exchanges charge interest while you hold the short for example?

Here are 2 exchanges you can use to short Bitcoin-

https://www.bitfinex.com/
https://icbit.se/

I recommend all bears and Bitcoin haters to short the hell out of bitcoin while the rest of us buy.
Remember, Bitcoin is going to 0 Wink

so be very aggressive with your shorts.

Do they allow naked shorts? I bet not. Meaning you must put up collateral of some sort, and they will give a margin call if the collateral drops below a certain margin? Otherwise the exchanges are fools.

You put up bitcoins as collateral. If the price falls below the margin you lose your bitcoins. Bitfinex has been around for several years. I have loaned bitcoins to people shorting, it is one of the few ways to make interest on your bitcoins with very little risk.

Hiraga

full member

Activity: 178

Merit: 100

Quote from: BayAreaCoins on October 31, 2014, 04:00:17 AM

There are some good opertunities in alts in order to hedge against BTC going down. I'm really excited about HUC franky Tongue

When BTC goes down most alts do not go up at all. It would be logic but it doesn't work like that. The prime example is LTC, it usually goes up and down with btc.
It's better to sit in fiat and buyback lower, but I think it's time for btc to go up a lot next few months.

BayAreaCoins

legendary

Activity: 4004

Merit: 1250

Owner at AltQuick.com

There are some good opertunities in alts in order to hedge against BTC going down. I'm really excited about HUC franky Tongue

TonyT

full member

Activity: 210

Merit: 100

Quote from: inBitweTrust on October 30, 2014, 08:22:25 PM

Quote from: TonyT on October 30, 2014, 07:53:15 PM

Why? More like How? I understand how shorting works in theory, but has anybody actually tried to short BTC? I'm having a hard time buying it, much less shorting it. Any actual experiences appreciated. Do the exchanges charge interest while you hold the short for example?

Here are 2 exchanges you can use to short Bitcoin-

https://www.bitfinex.com/
https://icbit.se/

I recommend all bears and Bitcoin haters to short the hell out of bitcoin while the rest of us buy.
Remember, Bitcoin is going to 0 Wink

so be very aggressive with your shorts.

Do they allow naked shorts? I bet not. Meaning you must put up collateral of some sort, and they will give a margin call if the collateral drops below a certain margin? Otherwise the exchanges are fools.

ANTIcentralized

full member

Activity: 210

Merit: 100

Quote from: segvec on October 30, 2014, 08:13:04 PM

I've shorted Bitcoin a few times.
I have developed a few patterns over the course of the past two years that have been working.

Not 100 percent but semi-decent accuracy.
When shorting, I'm talking 12-48 hours max.

I would say that trading altcoins is very risky as they tend to be very illiquid and can likely very easily be manipulated. I would also consider a loan bet for altcoins in general to be a short bet against bitcoin.

Mieehayii

hero member

Activity: 490

Merit: 500

As long as exchange launched the short business, everyone was in short

But I never went to these exchanges

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: little tiger on October 30, 2014, 11:04:19 PM

why want to short BTC?

Typically day traders who assume they have foresight into short term market direction. Most Bitcoin haters aren't confident enough in their convictions to short Bitcoin no matter how much I beg them. Many alt supporters who hate PoW are still heavily invested in BTC as well. They are just diversifying their portfolio with a risky investment (BTC) with an insanely risky investment(alt).

little tiger

newbie

Activity: 36

Merit: 0

Quote from: hascoin on October 30, 2014, 08:43:00 PM

I've shorted Bitcoin a few times too... Cool

why want to short BTC?

hascoin

full member

Activity: 178

Merit: 100

I've shorted Bitcoin a few times too... Cool

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: TonyT on October 30, 2014, 07:53:15 PM

Why? More like How? I understand how shorting works in theory, but has anybody actually tried to short BTC? I'm having a hard time buying it, much less shorting it. Any actual experiences appreciated. Do the exchanges charge interest while you hold the short for example?

Here are 2 exchanges you can use to short Bitcoin-

https://www.bitfinex.com/
https://icbit.se/

I recommend all bears and Bitcoin haters to short the hell out of bitcoin while the rest of us buy.
Remember, Bitcoin is going to 0 Wink

so be very aggressive with your shorts.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

The idea just scares me. Especially so close to 'the bottom'

segvec

full member

Activity: 196

Merit: 100

The cheddar breed jealousy

I've shorted Bitcoin a few times.
I have developed a few patterns over the course of the past two years that have been working.

Not 100 percent but semi-decent accuracy.
When shorting, I'm talking 12-48 hours max.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: TonyT on October 30, 2014, 07:53:15 PM

Quote from: BlindMayorBitcorn on October 30, 2014, 07:36:11 PM

And why?

Why? More like How? I understand how shorting works in theory, but has anybody actually tried to short BTC? I'm having a hard time buying it, much less shorting it. Any actual experiences appreciated. Do the exchanges charge interest while you hold the short for example?

This would have been my follow-up question...

Huh

TonyT

full member

Activity: 210

Merit: 100

Quote from: BlindMayorBitcorn on October 30, 2014, 07:36:11 PM

And why?

Why? More like How? I understand how shorting works in theory, but has anybody actually tried to short BTC? I'm having a hard time buying it, much less shorting it. Any actual experiences appreciated. Do the exchanges charge interest while you hold the short for example?

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Because you can now you know...

https://bitcointalksearch.org/topic/m.11415969

Topic: Who here is shorting Moneros? - page 4. (Read 7567 times)