The real question is: who would short oil at today's prices? If/when we finally do get oil going, there's a good chance it will trade above the peg.
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has anybody mentioned shorting?
I assume many want to buy
bitOIL now or at least in the near future ... from a decentralized exchange like us, with minimum fees, security etc.edit:
Now I get your point, somebody must short so they come into existence...
I think at any point of time... somebody want to bet to the opposite side...
and don't forget traders that follow the trend and don't change their minds if they don't have indications that it will be reversed!