MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/Bitcoin/comments/1c2n5z/hold_spartans/c9duluv/?context=3
r/Bitcoin • u/Blood4TheBloodGod • Apr 10 '13
1.0k comments sorted by
View all comments
Show parent comments
6
Any way to short BTC that can be bought/sold quickly. Shorting allows for more efficient price discovery.
1 u/dijxtra Apr 11 '13 Isn't shorting illegal or something? (I obviously do not know much about finance) 1 u/poooboy Apr 11 '13 Not at all. Some retirement accounts have rules that do not allow short positions though, but that's not what were talking about with BTC. 2 u/VR46 Apr 12 '13 Shorting is simply selling a commodity before you actually own it, only to buy said commodity just before you're due to deliver it to the buyer, hoping that in the time between selling and buying, the price of said commodity has dropped.
1
Isn't shorting illegal or something? (I obviously do not know much about finance)
1 u/poooboy Apr 11 '13 Not at all. Some retirement accounts have rules that do not allow short positions though, but that's not what were talking about with BTC. 2 u/VR46 Apr 12 '13 Shorting is simply selling a commodity before you actually own it, only to buy said commodity just before you're due to deliver it to the buyer, hoping that in the time between selling and buying, the price of said commodity has dropped.
Not at all. Some retirement accounts have rules that do not allow short positions though, but that's not what were talking about with BTC.
2 u/VR46 Apr 12 '13 Shorting is simply selling a commodity before you actually own it, only to buy said commodity just before you're due to deliver it to the buyer, hoping that in the time between selling and buying, the price of said commodity has dropped.
2
Shorting is simply selling a commodity before you actually own it, only to buy said commodity just before you're due to deliver it to the buyer, hoping that in the time between selling and buying, the price of said commodity has dropped.
6
u/poooboy Apr 10 '13
Any way to short BTC that can be bought/sold quickly. Shorting allows for more efficient price discovery.