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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Follies who wrote (165328)11/22/2020 3:45:43 AM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Respond to of 218910
 
Re <<How do you short BTC? Are there contracts where you can borrow BTC to sell?>>

(1) I suppose one can short GBTC (unsure of interest rate - not likely to be cheap) or construct a synthetic short by selling the call and long the put (takes margin on deposit, and big .... no ... MEGA UGE BALLS) finance.yahoo.com

(1-i) Or do same directly to BTC, and its derivatives deribit.com



Sell Call strike-20,000 at 3,871 and buy Put strike-18,000 at 3,441, then prey until June expiration. Qualification must include a sense of humour. If no sense of humour, then do both strikes at 19,000

(1-ii) The danger primarily being that one may learn the meaning of the word 'Bitcoin' as a verb, as in BTC-ed

(2) A note of caution, the latest news flow, says a bitcoin shortage is developing, and fast. Given such we must not be surprised that BTC doubles before end-year, even as it can drop 70% next week on any number of announcements from agents of tyranny in any number of domains

news.bitcoin.com




To: Follies who wrote (165328)11/22/2020 12:08:19 PM
From: ggersh1 Recommendation

Recommended By
marcher

  Read Replies (1) | Respond to of 218910
 
BTX is the current futures contract at the CME