Come on guys, shorting is working very well, and has no reason not to in Bitshares 2.0, don't be shy. When you short your money is in good, automated trustless hands  .
But you should try shorting with some little amounts first in order to get the feel of it. Importantly, shorts over the price feed *seem* to short a wrong amount of BitAssets : you don't short the number you ask for shorting, because the collateral put is based on price feed, and when you short over price feed, there is not enough collateral to guarantee the number of bitAssets you write down. That still works however, but look at the collateral amount rather than the bitAssets amount.

You can short over price feed and so have some free money even if BTS don't climb... at the condition that the peg will hold one day, which he'll very probably do in 2.0. Even now, I'm quite confident that the peg mechanism is not bad. Shorters have not much risk except margin call, which is hopefully unlikely now.

And you can have a 30% premium on BitBTC now !!

+20% today now... I'm breathless, following the crazy action in poloniex. I don't even trade, just hodling and watching it happen... Wow.

Globally I'm still in the red however  , but it sure feels good. Hope the correction won't be too harsh, I really don't feel like selling and trying to by lower.

The problem is that current rules for shorting are just too complicated and/or not properly lined out somewhere  + barely working wallet + 30 day expiration thingy. I have high hopes for 2.0 in this regard.

Personally I would like to short some bitEUR but due to said reasons I just find it too risky currently.

I don't know for the windows wallet, but the Mac wallet works perfectly, and I have been successfully shorting without problems for a year now. The 30 day expiration is not a problem at all since nobody shorts at price feed anyway. Some behaviors are weird (when you short over price feed you don't actually short the amount of BitAssets that was indicated, but the amount that the indicated collateral can afford)

At the protocol level, the shorting mechanism works very well. The only risk is a new crash in BTS price.

According to this article : https://bitshares.org/blog/2015/06/08/migrating-to-bitshares-2.0/, "All open orders will be canceled prior to the snapshot and their funds returned to their owners.". It's a bit old already, but I guess it's still valid.

Regarding BitAssets and short positions :
"Because the new chain is a simple migration and should retain all the same “perceived value”, we can migrate all BitAssets and short positions. The snapshot date will be announced with 30 days notice so that any shorts that do not like the new BitAsset system can voluntarily exit. To ease your migration we recommend that everyone upgrade to BitShares 0.9.1 prior to the snapshot date and transfer 100% of every asset balance to yourself. This will consolidate your balances under a single account."

("transferring every asset to yourself" here means not keeping them on external exchanges)

Sell wall of 125 BTC at 2100 sats. God, that's a lot

Quote from: Tuck Fheman on September 11, 2015, 05:12:03 pm

Quote from: Ander on September 11, 2015, 04:28:25 pm

Wow, ETH getting wrecked.  Shouldve held my earlier short, but had to cover it a while back at a small loss.  Oh well.

I wonder if bytemaster answering that reddit post had anything to do with it.

No it didnt.  It happened earlier on.
Someone dumped and it caused someone with 270 btc worth of margin long to get liquidated.  The guy was bitching at the polo mods earlier about how it dumped in a market order.  What did he expect it to do?

The guy said his account was frozen and it caused his position to liquidate. So it seems that it was an involuntary dump. So I bought a lot at 400k, pretty confident that it would go back up fast... which didn't happen yet. I don't understand markets, but it was quite interesting to follow... I just really hope that ethereum will be back to 460k/470k soon so that I can close that position, I think ethereum is overevaluated, but not in the short time.

22.4 Millions

And the really big rise will happen when BTS 2.0 delivers. Hopefully. I'm not that optimistic but I can't wait for seeing it !