Guys, shall we short this?

TheIndigoSky · 1時間前

"Markets can remain irrational longer than you can remain solvent." - Keynes

JustStopDude · 1時間前

I fairly certain that by trying to short bitcoin, I am opening myself to the same liabilities and fraud as if I was just trying to make money off of bitcoin increasing in value.

ButtBernanke · 46分前

This is silly.

Regardless of pump and dump, the price of Bitcoin has no explanation anyway.

If you short it, you imply it should be lower than 300. But in fact it could literally be anything. Why 250 and not 2000 or 0.00003?

If you argue "that's crazy, it won't reach 2000", I can argue "that's crazy, it won't reach 25".

GaiusPompeius · 47分前

Don't make the mistake of thinking Bitcoin moves on fundamentals. I mean, stock prices will eventually drop if the company's profits suffer, but what drives the price of Bitcoin? As near as I can figure, Bitcoin's sell pressure is determined mostly by the whales who buy off-exchange lots from Chinese miners. I don't know if it's worth betting on what they're going to decide to do tomorrow.

alarm_test · 1時間前

What options are there for shorting bitcoin at the moment?

I was always used to seeing "shorts" painted as the bad guys on stock forums.

When there are more options for shorting bitcoin, I except the focus of bitcoin rage and blame to switch from "non-believers" and "missed the boaters" to "shorts"...then we've hit the mainstream.

JeanneDOrc · 1時間前

If the Chinese exchanges are running their own willybots, no.

itellyawut · 55分前

No, just continue doing actual work™.

lordgilman · 35分前

Check your work email. Something went out late Friday night explaining the plan for this pump and dump and Goldman Sachs is going to handle the price manipulation for us as usual.

Buttcoin

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