BitShares Forum

Main => General Discussion => Topic started by: luckybit on August 27, 2014, 11:46:14 pm

Title: Gimme BitBTC pls!
Post by: luckybit on August 27, 2014, 11:46:14 pm

http://www.forexnews.com/blog/2014/08/27/bitcoin-continue-downtrend-says-citi/
http://www.coindesk.com/banking-survey-65-us-consumers-unlikely-buy-bitcoin/

Market forces are pushing the price of Bitcoin down. Until now it was not possible to short Bitcoins.
Can we short BitBTC? I would think so. That would give us an exclusive capability.

The sooner we get BitBTC online the sooner we can take our positions. Delegates?

Title: Re: Gimme BitBTC pls!
Post by: speedy on August 27, 2014, 11:55:37 pm

Trading BitBTC would be great to trade on the price of BTSX itself, because you wouldnt be exposed to BTC's dollar price.

Lets do it!

Title: Re: Gimme BitBTC pls!
Post by: tonyk on August 28, 2014, 12:21:16 am

Quote from: luckybit on August 27, 2014, 11:46:14 pm

http://www.forexnews.com/blog/2014/08/27/bitcoin-continue-downtrend-says-citi/
http://www.coindesk.com/banking-survey-65-us-consumers-unlikely-buy-bitcoin/

Market forces are pushing the price of Bitcoin down. Until now it was not possible to short Bitcoins.
Can we short BitBTC? I would think so. That would give us an exclusive capability.

The sooner we get BitBTC online the sooner we can take our positions. Delegates?

BTC is actually one of the few coins that can be shorted outside of BTSX. It is still cool to do it against BTSX though.