Cryptocurrency

[scooterscot]

How do you short crypto/altcoins?

sell high buy low - you can create margins but I don't bother myself, instead preferring to watch the behaviour over the course of weeks. The bubbles are fairly obvious. Acting on them is an entirely different matter.

[ChimpMaster]

sell high buy low - you can create margins but I don't bother myself, instead preferring to watch the behaviour over the course of weeks. The bubbles are fairly obvious. Acting on them is an entirely different matter.

I know what shorting is

I was asking how you actually carry out the short. Do the same sites (that you buy) let you short, in the same way that you would at a spreadbet firm for example?

[scooterscot]

I know what shorting is

I was asking how you actually carry out the short. Do the same sites (that you buy) let you short, in the same way that you would at a spreadbet firm for example?

Most of the exchanges let you short. But I find that too risky. For one you have to keep the money on the exchange. That's a no no in my book. The 2nd I've seen shorts go badly wrong. For the moment I'm old school. You can see this slope time and time again on the market as a whole or individual currencies. Just wait days or weeks, buy into other peoples fear. Currently we're in blow off phase for sure and I don't think it's over.

[vadhert]

Sir, I salute you



https://www.youtube.com/watch?v=jZpnNIPobPQ

[scooterscot]

Sir, I salute you



https://www.youtube.com/watch?v=jZpnNIPobPQ

[AtW]

""Bitcoin acceptance is virtually zero and shrinking," the team of Morgan Stanley analysts led by James Faucette wrote."

Bitcoin: Morgan Stanley Says You Should Spend It, Not Buy It | Fortune.com

[scooterscot]

""Bitcoin acceptance is virtually zero and shrinking," the team of Morgan Stanley analysts led by James Faucette wrote."

Bitcoin: Morgan Stanley Says You Should Spend It, Not Buy It | Fortune.com

Give it another 16-18 months before that happens.

[AtW]

Give it another 16-18 months before that happens.

Before what happens, big crash or widespread acceptance that it was just a form of Ponzi scheme?

[scooterscot]

Before what happens, big crash or widespread acceptance that it was just a form of Ponzi scheme?

Crash bang wallop. Some will be accepted, I've no doubt. But 99% of the others will disappear into irrelevance and I expect that to happen when acceptance takes foot.

I like this idea of combining models.. they're focused on the financial but I'd be interested in the engineering side of things.

https://numer.ai

[TheGreenBastard]

How's everyone's holdings?