SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Beat The Street With SI Traders

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rocket Red who wrote (125826)11/20/2013 9:27:31 AM
From: Bear Down  Read Replies (2) of 233807
 
By the way, if you believe that, open an account at bitfinex.com and put some money in. You can then borrow BTC on a peer to peer platform and short them. you can also see the stats of how much money is on loan for margin buying, how many BTC are on loan for shorting and how many LTC are on loan for shorting. Pretty nice transparency . As you can see, not too many are willing to short BTC, although there are plenty available for borrow and much cheaper than borrowing dollars

Currency Flash Return Rate (*) Average Variable Interest Rate (**) Average loan period Total sum of active loans
USD
141.055% 58.5789%
334.46 days 3,550,882.76 USD
BTC 2.0%
4.9551% 65.12 days 1,709.59 BTC
LTC 3.4023% 7.1947% 74.67 days 13,878.66 LTC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext