Bitcoin at all time high

[PLOL]

Is there any method of shorting bit coins?

Sure you can, the same way you short anything. Find somebody who owns them, borrow them, sell them, buy them back later, pay interest, profit (?).

[Belly Buster]

Is there any method of shorting bit coins?

I would assume not other than just not buying any being the most +EV move

If there was a simple way to I would be shorting them at 65USD/BTC I think they've been pumped and are ready for a good dump back down to 25.

[chinamaniac]

Last price:$68.84999 High:$68.90583

[simpdog]

Is there any method of shorting bit coins?

Sure you can, the same way you short anything. Find somebody who owns them, borrow them, sell them, buy them back later, pay interest, profit (?).

Seems a bit difficult. Also rather than borrowing shouldn't you just steal them?

[chinamaniac]

Last price:$74.23713 High:$74.90000

[garrett]

Is this going to be one of them threads people go back and read years later pissing their pants laughing?

[Deal]

Martha will be putting out again.

[simpdog]

https://bitcointalk.org/index.php?topic=154933.0

https://en.bitcoin.it/wiki/Trade#Financial


Some decent ideas here on how to short it. Difficult plus you are taking a risk that the company you're "shorting" with isn't overexposed and goes bankrupt/runs away if Bitcoins crash.

Maybe bitcoins really will crush through the $100 barrier. If large users are hoarding them they will just continue to rise.


The end crash will be as a result of government intervention or some sort of large scale fraud/hacking. But a crash like this could just end Bitcoins.

So while originally I thought short bitcoins for sure at 70+ or 100+....now it seems like even buying them now might be a good idea. 2 weeks from now they're at 80-90 and you're laughing.

[SrslySirius]

Last price:$74.23713 High:$74.90000

Okay, this is getting ridiculous. The downswing has to be coming soon, right?

I still have that 3 BTC in my SWC account that I never really cared much about, but now it can sell for $200. I think it's time to cash out.

[snake_in_the_ass]

Last price:$74.23713 High:$74.90000

Okay, this is getting ridiculous. The downswing has to be coming soon, right?

I still have that 3 BTC in my SWC account that I never really cared much about, but now it can sell for $200. I think it's time to cash out.

Take the money and run. The chart is going to be at a 90 degree angle soon. No chart like that is sustainable. I wish I could find a way to short these bitcoins.

[Sandwich]

Last price:$74.23713 High:$74.90000

Okay, this is getting ridiculous. The downswing has to be coming soon, right?

I still have that 3 BTC in my SWC account that I never really cared much about, but now it can sell for $200. I think it's time to cash out.

Same here. I have 2.5 btc in my account. Ready to sell.

[snake_in_the_ass]

The higher it goes the higher the risk of govt intervention. If you don't want to sell at least take out your original money and let the rest ride. When it finally cracks I can see it dropping 50% or more in one 24 hour session.

[chinamaniac]

These things are going to hit 150+ by april 11th

[lewfather]

In 15 minutes it crashed from $17 to 1c, might wanna keep your head on a swivel kiddos

[simpdog]

In 15 minutes it crashed from $17 to 1c, might wanna keep your head on a swivel kiddos

This is the only type of crash that will happen.

Bitcoins will continue to raise. Anyone gambling on their value has to pick up. It's like picking Over/Under on NBA but you can only pick Over so the total keeps rising but people still keep betting for action.

And then due to some major hack or possibly gov't intervention it's possible that it goes from $70-> $7 in one day....but it's not going to go $70->60->50->40->...->7

[chinamaniac]

Last price:$68.88336

[chinamaniac]

Last price:$64.70116

[SrslySirius]

Last price:$64.70116

Great timing for Seals to get DDOSed.

[bukowski72]

Bitcoin: Virtual Currency Enters Real World
By Kirsten Salyer Mar 22, 2013 5:50 PM ET

"Welcome to the real world, Bitcoin. The U.S. government has officially legitimized the popular crypto-currency and other "virtual currencies" by attempting to regulate them.

The U.S. Treasury’s Financial Crimes Enforcement Network published a list of guidelines Monday applying money-laundering and record-keeping rules to companies that issue or exchange these currencies. This won't affect people using Bitcoins to purchase goods or services."

http://www.bloomberg.com/news/2013-0...eal-world.html

[chinamaniac]

Last price:$75.59999 High:$78.00000