/biz/ - Business & Finance

>>4900187
YUck

>>4900187
bad picture
why is this saved on your hard drive

>>4900187
Disgusting, wtf is wrong with you

>>4900233
>>4900204
heres a better one of her. shes really hot trust me

>>4900187
Who in their right mind would short bitcoin

>>4900187
Explain me like I'm 5: what is Bitcoin futures? I looked it up and all I see is normie bullshit websites

>>4900253
actual investors who know what they are doing in the stock market and not autistic

>>4900250
Because she has a whip? Or because she took a bath in the first pic?

>>4900250
>shes really hot trust me

A really hot pile of vomit

>>4900187
Get out.

>>4900271
Double nigger stay out.

people can short bitcoin right now

the pump was in spite of futures

>>4900187
She literally has nothing going for her. Why do you even have this pic?

>>4900295
>>4900301
shes hot trust me

>>4900273
She looks like she’s a larping male. Wouldn’t let that sniff my butt

How do I short bitcoin?

>>4900338
the cboe is offering bitcoin futures on monday. all you have to do is put in an order to short bitcoin. I would put it at like 10k or so

>>4900187
until then, it's gonna go to 30k. whales know. alts will bleed 2x lower. screencap this.

>>4900250
what is wrong with your dick mate
>>4900271
people buying and selling bitcoins at a predetermined price in the future
aka everyone who's bought bitcoin will sell it once it hits an astronomically high price and everyone who missed out on the hype train will buy at an astronomically low price
futures are just trades set at future dates so it increases volatility in terms of pricing but opens the range of trading to more traditional investors
it's presumed because of this that futures will pop the bubble

>>4900373
shes fucking hot bro are you gay? heres another chick i smashed

>>4900360
Thanks!

>>4900373
So basically everyone who bought near the ATH would get JUSTed. Why is that a good idea?

>>4900449
because autists who bought bitcoin need to get JUSTED

>>4900410
>not changing facebook photo filenames before posting them
i'll be sure to let her know you're posting her pics on a japanese anime forum, anon

>>4900512
go ahead fgt

>>4900474
Nice trap, bro

Ugliest girls I've ever seen in a thread for sure

>>4900557
are you fucking gay they are hot

>>4900410
yeah smashed her face with a hammer like seriously her eyes are sliding off the sides of her head
>>4900449
technically a good idea long long term for bitcoin as an asset, it needs to be situated into mainstream investing markets as a commodity that can be accessed by professional brokers/investors. In the short term, though, watch for a big crash.
>>4900474
your reasoning is correct but that picture is incorrect.

>>4900187
There's no correlation to bitcon futures and bitcon itself...i.e. buying or selling futures contracts has no bearing on bitcon price, because no coins are bought or sold.

In my opinion, the pump was designed to drive up the price and then pumpers will short futures and simultaneously dump bitcon to tank its price. This lets them get out of bitcon with mostly profit while also profiting on the futures contracts.

>>4900410
Her head looks like a reflection from a funhouse mirror.

>>4900671
exactly.....the price of bitcoins will crash

>>4900187
>most of the public says it will plummet
>most of the public is almost always wrong

>>4900187
It will short squeeze and then plummet.
Screencap this.

>>4900736
this guy knows

but they are shorting with usd. not bitcoin. has no effect on bitcoins price other than the news saying "Wall street confidence in cryptos is low!"

>>4901019
>what is arbitrage

>>4901019
How would you short bitcoin with itself? Aren't short sales normally done with a different denomination that the asset being shorted?

>>4901062
They're not doing anything with actual bitcoins you mong.

>>4901072
Shorting requires the counterparty to make a loan to you for the amount of whatever you are shorting, and if whatever goes down in price the counterparty will owe you the difference between the price you shorted at and current price. If whatever goes up, you then owe the difference.

It is up to the bitcon "exchanges" as to whether or not to allow you to short bitcon directly and several of them allow you to do so.

>>4901085
>I still don't understand arbitrage...

>>4901417
oh that's taking my 15600 BTC to korea and selling for 20k. I don't know how to do that though. Maybe get a Korean VPN and use shapeshift?

>>4901531
>I'm starting to understand arbitrage but not really and not in this context...

>>4901557
can you explain it because i don't know past the investopedia article.

Ok so if the futures market isn't going to settle contracts in bitcoin. what's the point?

>>4901531
good luck getting your KRW out of the country

>>4901763
I'm not really sure. Maybe it's easier to make money off the boomers this way. They don't have to go through the hassle of signing up on multiple exchanges or learn anything.

>>4901755
If the futures are shorted to the point that they are worth less than bitcoin it is more profitable to sell your bitcoin and buy the futures because when the futures expire they must have the same price as bitcoin and futures will give you the same return on a smaller investment. Those smart enough to do so will sell or short sell bitcoin to buy futures contracts driving the price of bitcoin down and the price of futures up until they are nearly equal. In this way changes in the futures price will affect bitcoin, and changes in the price of bitcoin will affect futures. Futures are much more liquid however, so it's harder to move their price. Chances are that the futures price will drive bitcoin more so than the reverse.