:-) good joke. haha.
I need to be short because I want to hold say 10 bitcoins and short 10 bitcons, so I want to be delta neutral.
Any other more serious suggestions?
I could borrow bit coins for 30 days and pay an interest. Any good lending service out there?
Rob
Transaction/cashing-out difficulties aside, selling your current 10 bitcoins and shorting 10 bitcoins is the same thing isn't it? In the former case, you have to buy 10 bitcoins back, but you can do it whenever you want. In the latter case, you have to buy 10 bitcoins back too.
Selling and shorting are 2 totally different things. When you sell something, you no longer own it and take whatever payment you accept for said product and you are done. When you "go short" on something you invest money to promise to buy something at a later date in hopes it will go down.
I think you're misunderstanding what actually happens when you short something.
When you short, you first borrow someone's shares (if you're shorting equities for instance), then you sell them, promising to buy them back later. That's the actual transaction that's happening. In both cases, you're selling 10 shares. In the one case, it's 10 shares you already own. In the other case, it's 10 shares you've borrowed.
Having 0 bitcoin is exactly as delta neutral as being long 10 btc and simultaneously short 10 btc.