Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
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Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#2Add to this "Beyond Bitcoin: Overstock Lets Customers Pay With More Than 40 Alt Coins" http://fortune.com/2017/08/08/overstock-digital-currency/
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#3I am thinking a short position in bitcoin is in my near future. I am not saying bitcoin is doomed to fail but I am pretty confident this shit coin crazy is going to hit the fan sooner or later and it's going to drag the "legitimate" crypto currencies down.
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#4I am thinking a short position in bitcoin is in my near future. I am not saying bitcoin is doomed to fail but I am pretty confident this shit coin crazy is going to hit the fan sooner or later and it's going to drag the "legitimate" crypto currencies down.
How would you even go about doing that?
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#5I am thinking a short position in bitcoin is in my near future. I am not saying bitcoin is doomed to fail but I am pretty confident this shit coin crazy is going to hit the fan sooner or later and it's going to drag the "legitimate" crypto currencies down.
"The market can stay irrational longer than you can stay solvent." YMMV.
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#6I am thinking a short position in bitcoin is in my near future. I am not saying bitcoin is doomed to fail but I am pretty confident this shit coin crazy is going to hit the fan sooner or later and it's going to drag the "legitimate" crypto currencies down.
The ICOs are like 80-90% ETH based though.
Good luck on the short . . . many hedge fund gods were "right" on the tech bubble but lost their shirts trying to short it before the exuberance subsided
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#7I am thinking a short position in bitcoin is in my near future. I am not saying bitcoin is doomed to fail but I am pretty confident this shit coin crazy is going to hit the fan sooner or later and it's going to drag the "legitimate" crypto currencies down.
How would you even go about doing that?
You can short btc on several platforms, including Bitfinex
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#8I am thinking a short position in bitcoin is in my near future. I am not saying bitcoin is doomed to fail but I am pretty confident this shit coin crazy is going to hit the fan sooner or later and it's going to drag the "legitimate" crypto currencies down.
The ICOs are like 80-90% ETH based though. Good luck on the short . . . many hedge fund gods were "right" on the tech bubble but lost their shirts trying to short it before the exuberance subsided
I got burnt by the trump bump in the stock market.
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#9I am thinking a short position in bitcoin is in my near future. I am not saying bitcoin is doomed to fail but I am pretty confident this shit coin crazy is going to hit the fan sooner or later and it's going to drag the "legitimate" crypto currencies down.
Even if you had a high degree of confidence that would happen eventually (which I'm not convinced you do), such a play would be absurdly risky, especially given no idea as to the timing.
Re: Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows
#10Earlier quoted context omitted.
How would you even go about doing that?
You can short btc on several platforms, including Bitfinex
> You can short btc on several platforms, including Bitfinex
There is a horrible counterparty correlation in this trade. If Bitcoin goes up, you're out your short and lose lots of money. If Bitcoin crashes, the exchange runs into problems and you probably lose your original investment. Balanced against those is the limited profit potential from a marginal drop in the price of Bitcoin.