Bass brothers took a huge hot for that in the silver market On Sat, Dec 9, 2017, 10:02 AM Chuck McCown <[email protected]> wrote:
> Never thought about shorting and then dumping. I guess if you have a > large enough position on anything that could work. I wonder if there are > laws against doing it in the stock market? > > *From:* Travis Johnson > *Sent:* Saturday, December 09, 2017 8:51 AM > *To:* [email protected] > *Subject:* Re: [AFMUG] OT: BTC futures > Do you really think the "average" person that is buying into BTC right now > knows any of that information? Bitcoin has been on the financial news > channels every single day this week... and it will be again Monday because > of the futures trading. > > The only thing driving the price up is demand... so the more news, the > more it's talked about, the higher the price will go. LOL > > Travis > > > On 12/8/2017 12:06 PM, Carl Peterson wrote: > > Futures trading could just as easily drive the price down. If Im sitting > on a 100k coin and I want to sell half of it, I short BTC to hedge against > the price dropping and then sell a bunch (which will cause the price to > drop). I fully expect this to happen. > > On Fri, Dec 8, 2017 at 1:27 PM, Travis Johnson <[email protected]> wrote: > >> Hey.... BTC is back "down" to $15k today... and the futures options start >> trading on Sunday, which I think will drive the price up substantially this >> coming week... now may be a good time to get in. >> >> Travis >> >> > > > -- > > Carl Peterson > > *PORT NETWORKS* > > 401 E Pratt St, Ste 2553 > <https://maps.google.com/?q=401+E+Pratt+St,+Ste+2553%0D+Baltimore,+MD+21202&entry=gmail&source=g> > > <https://maps.google.com/?q=401+E+Pratt+St,+Ste+2553%0D+Baltimore,+MD+21202&entry=gmail&source=g> > > Baltimore, MD 21202 > <https://maps.google.com/?q=401+E+Pratt+St,+Ste+2553%0D+Baltimore,+MD+21202&entry=gmail&source=g> > > (410) 637-3707 > > >
