Ok...As long it is not on BTSX and it is on BTSY and BTSY honors at least with 90% BTSX shareholders with BTSY shares I suppose this would be ok, since in the end of the day one can hold both (inflationary, deflationary) and be hedged. Otherwise we just create speculative selling pressure to BTSX by shorting BTSX for no reason.
I believe the reason Bitcoin is falling is because of the availability now on the market to short bitcoin with leverage in different platforms. People with lots of collateral short bitcoin all the time and create selling pressure and hugely benefit from bitcoin falling price when in the same time other idiots think aahhh bitcoin is cheap now...lets buy... I wouldn't like this to happen in BTSX...
BTSX is the bank of all cryptos and fiat which adds value because it is a decentralised bank with pegged assets that can move around the internet fast and secure. The increase of BTSX price will happen when there is sufficient trust and security on the system by increased demand.
Shorting BTSX will lead it to become a speculative altcoin. Thoughts?