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Main => General Discussion => Topic started by: bitmarley on January 28, 2015, 12:04:33 am

Title: Inverse OIL : bitOILshort
Post by: bitmarley on January 28, 2015, 12:04:33 am

Nobody wants to short oil at $40 and pay interest.
But what if the price feed for oil was inversed? The price feed formula for bitOILshort would equal 1/bitOIL.
Thereby those who buy bitOILshort get the yield instead of those going long bitOIL. 

Title: Re: Inverse OIL : bitOILshort
Post by: deprdoo on January 28, 2015, 01:54:06 am

There will always be people willing to short.

Here is a recent prediction of $30:
http://www.cnbc.com/id/102348346

Goldman also just said oil could fall to $30's:
http://mobile.reuters.com/article/idUSKBN0KL0RR20150112?irpc=932