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Main => General Discussion => Topic started by: zerosum on November 29, 2014, 06:44:25 pm

Title: Shortage of shorts... and your explanations is?
Post by: zerosum on November 29, 2014, 06:44:25 pm

The flagship bitAsset (bitUSD) has no one willing to short.... :(




I will list possible causes. I believe it is combination of several of them not necessarily all of mentioned.


1. NO one is bullish on BTS   ::)   -my weight +0.5 to + 1

2. I need my BTS to vote... I cannot use them for lame shorting -my weight  +5

3. 2x collateral from the shorts themselves is too much -my weight  +2

4. I need my BTS for share drops... anyone of the upcoming DACs have a different levels of treating collateral with either uncertainty what they gonna do as in (Sparkle, Rand Poll Coin) to out right favoring assets in expense of collateral in the case of PLAY -my weight   + 1 to +3

5. No one is prepared to short on the Saturday after Thanksgiving... ::) -my weight +0.25


What're your thoughts and opinions guys?
Title: Re: Shortage of shorts... and your explanations is?
Post by: jsidhu on November 29, 2014, 06:46:25 pm
Isnt short bitusd long bts not bearish bts?
Title: Re: Shortage of shorts... and your explanations is?
Post by: zerosum on November 29, 2014, 06:54:17 pm
Isnt short bitusd long bts not bearish bts?
Yes, and your point is?
Title: Re: Shortage of shorts... and your explanations is?
Post by: jsidhu on November 29, 2014, 07:00:50 pm
Isnt short bitusd long bts not bearish bts?
Yes, and your point is?
You reasoned noone wants to short bitusd cause noone is bullish bts
Title: Re: Shortage of shorts... and your explanations is?
Post by: speedy on November 29, 2014, 07:06:17 pm
You reasoned noone wants to short bitusd cause noone is bullish bts

Those 2 things are consistent.

I think its probably because we just had an unexpected spike, so people think we are due a correction.
Title: Re: Shortage of shorts... and your explanations is?
Post by: matt608 on November 29, 2014, 07:34:37 pm
https://www.youtube.com/watch?v=UcvjXAtzaMU
Title: Re: Shortage of shorts... and your explanations is?
Post by: jsidhu on November 29, 2014, 08:59:30 pm
You reasoned noone wants to short bitusd cause noone is bullish bts

Those 2 things are consistent.

I think its probably because we just had an unexpected spike, so people think we are due a correction.
My bad didnt get enough zzz last night lol
Title: Re: Shortage of shorts... and your explanations is?
Post by: Shentist on November 29, 2014, 09:04:45 pm
someone bought every available short already.

and you are right, i cannot vote with shorted BTS so i am considering to not do it. in my opinion this is a major flaw in the system. if i hold bitassets or shorted them i have nothing to say. this should be corrected as soon as possible.
Title: Re: Shortage of shorts... and your explanations is?
Post by: toast on November 29, 2014, 09:09:46 pm
someone bought every available short already.

and you are right, i cannot vote with shorted BTS so i am considering to not do it. in my opinion this is a major flaw in the system. if i hold bitassets or shorted them i have nothing to say. this should be corrected as soon as possible.

Voting with collateral is on the roadmap for protocol v1
Title: Re: Shortage of shorts... and your explanations is?
Post by: Shentist on November 30, 2014, 06:15:59 am
someone bought every available short already.

and you are right, i cannot vote with shorted BTS so i am considering to not do it. in my opinion this is a major flaw in the system. if i hold bitassets or shorted them i have nothing to say. this should be corrected as soon as possible.

Voting with collateral is on the roadmap for protocol v1

v1 == 1.0.0 ?

do you have a timeframe when this change could be expected?
Title: Re: Shortage of shorts... and your explanations is?
Post by: joele on November 30, 2014, 06:37:53 am

The force cover after 30 days is like losing without a fight, there should be a way to extend this, like adding collateral and/or paying fee.
Title: Re: Shortage of shorts... and your explanations is?
Post by: liondani on November 30, 2014, 09:43:26 am

The force cover after 30 days is like losing without a fight, there should be a way to extend this, like adding collateral and/or paying fee.
+5

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: Shortage of shorts... and your explanations is?
Post by: Markus on November 30, 2014, 10:18:14 am
How about being able to short at negative interest rates if nobody is willing to offer 0%?