I bet inTrade could be persuaded to sell BitCoin futures. A future that pays out if BTC falls below a certain dollar amount could serve the same purpose as shorting BitCoins.
- Andy On Sat, Jun 18, 2011 at 4:02 PM, Mike Frank <[email protected] > wrote: > Shorting essentially just means borrowing the item to short, and then > selling the borrowed item below market price. > > You could certainly borrow bitcoins from someone (if they were willing to > loan them to you), and then sell the borrowed coins on an exchange. > > However, the existing exchanges don't support "naked short selling," which > would means posting an "ask" to sell bitcoins that you don't actually have > on deposit in your exchange account. > > But, there is nothing to prevent someone from making such an exchange, or > just posting a Craigslist ad that says, "I have 1 million Bitcoins which I > am willing to sell to anyone for $0.001 cents each," when you don't have the > actual coins yet, just some friends who have agreed to loan you their coins. > > That would essentially be a retro-tech equivalent of a naked short sell. > > -Mike > > > On Sat, Jun 18, 2011 at 6:16 PM, Warren Smith <[email protected]>wrote: > >> By the way, re Jameson Quinn saying he'd short-sell bitcoins... >> is it actually possible to short them? >> >> -- >> Warren D. Smith >> http://RangeVoting.org <-- add your endorsement (by clicking >> "endorse" as 1st step) >> and >> math.temple.edu/~wds/homepage/works.html >> ---- >> Election-Methods mailing list - see http://electorama.com/em for list >> info >> > > > > -- > Full name: Michael Patrick Frank > Email addr.: [email protected] (pers. email) > Snail mail: 820 Hillcrest Ave., Quincy, FL, 32351-1618 > Phone/voicemail: (413) 842-6670 (main number, uses Google Voice) > Webpage URL: http://www.facebook.com/M.P.Frank (pers. profile) > > > ---- > Election-Methods mailing list - see http://electorama.com/em for list info > >
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