>> (p.1)
    Author Topic: I found a way to short BTC  (Read 1654 times)

    • qualia8 (OP)
    Full Member
    ***
    Offline Offline

    Activity: 237
    Merit: 100


    View Profile
    June 26, 2011, 05:08:34 AM
     #1
    1. Buy 50 BTC on Mt.Gox during crash at very low price. 
    2. Withdraw BTC up to daily maximum. 
    3. Wait for MtGox to reverse the trade and give you a negative BTC balance.

  • Anonymous
    Guest
    June 26, 2011, 05:16:57 AM
     #2
    3. Wait for MtGox to reverse the trade and give you a negative BTC balance.

    Well, that's a slap on the knee.

  • DrYe5
    Sr. Member
    ****
    Offline Offline

    Activity: 490
    Merit: 250



    View Profile
    June 26, 2011, 05:30:18 AM
     #3
    Quote from: Atlas on June 26, 2011, 05:16:57 AM
    3. Wait for MtGox to reverse the trade and give you a negative BTC balance.

    Well, that's a slap on the knee.

    lol

  • nathanrees19
    Full Member
    ***
    Offline Offline

    Activity: 196
    Merit: 100



    View Profile
    June 26, 2011, 05:32:00 AM
     #4
    Quote from: qualia8 on June 26, 2011, 05:08:34 AM
    1. Buy 50 BTC on Mt.Gox during crash at very low price. 
    2. Withdraw BTC up to daily maximum. 
    3. Wait for MtGox to reverse the trade and give you a negative BTC balance.

    Can you find a method that doesn't involve time travel and/or exchange-wide misfortune please?

  • qualia8 (OP)
    Full Member
    ***
    Offline Offline

    Activity: 237
    Merit: 100


    View Profile
    June 26, 2011, 05:39:30 AM
     #5
    I'm not terribly bright.  Only figured out that method because it happened to me.  I realized I suddenly had limited unlimited potential losses.  Wink

  • oneforall
    Full Member
    ***
    Offline Offline

    Activity: 140
    Merit: 100



    View Profile
    June 26, 2011, 05:46:21 AM
     #6
    Quote from: qualia8 on June 26, 2011, 05:39:30 AM
    I'm not terribly bright.

    this implies you consider yourself somewhere in the range of 100% dim right up to the edge of terribly bright, I'd think even you would be able to narrow the range down a bit more than that. maybe more honest would be, "I'm not at all bright".

  • 1.21gigawatts
    Member
    **
    Offline Offline

    Activity: 98
    Merit: 10


    View Profile
    June 26, 2011, 07:18:27 AM
     #7
    how about just sell high and buy back low?
    Pages: [1]
      Print  
Page 1
Viewing Page: 1

IRLBTC™ © 2025 IRLBTC.com