Also, how does shorting work?
I thought you a market expert... predictions... 'Do not say I did not warned you?'
Shorting works this way in my view - "You take a scissors, and you threaten to shorten your own tong whenever you are ready to say something stupid" ... that's shorting regarding talking.
Regarding pants, you just take the above mentioned scissors and you cut them to the desired length...
I know what shorting is.. sorry wasn't specific enough. How does shorting work in BTSX?
When you put up collateral what happens if the price rises so high that the collateral would be eaten away.. do you lose the collateral and the item you shorted? And do you have to borrow it from someone to short or is all BTSX shorting basically naked shorting by means of creating assets out of thin air?
Yes, you create the asset by shorting it.
Yes, you lose some/all the collateral (the item you shorted is you already 'lost', as you know), if the price moves in unfavorable direction. Margin call is at 75% of you collateral.
And again how did you manage to make your bold predictions without that info... Charts?