Quote from: thoughtfan on May 08, 2013, 01:46:53 PM

Quote from: fourkey2001 on May 08, 2013, 01:25:27 PM

Quote from: Rampion on May 08, 2013, 01:20:55 PM

Shorting BTC is starting to be available on different platforms. When that spreads, we will see more downward pressure.

I am shorting it... and I know it will fall. Its just making all of you a fool

There is no BTC reality. Currency value equals to amount of gold it holds. BTC has nothing to back itself. No Equity. Pure liquid capital investement. When the anonymous japanese runs away with all your money.... people will cry here

My guess is this is pure troll (and Rampion, I think he's probably referring to Satoshi not Karpeles) but what's interesting about it is that there are people out there who believe so strongly in the simplistic 'gold-backed-or-valueless' thing that when shorting becomes easily available a significant amount of money will be bet against Bitcoin in this manner.

I can't see enough of the bigger picture to tell what how this would affect the market but my guess is they'll have to be borrowing btc from somewhere to short it so if there's a high demand then maybe there'll be profit to be made in lending at a reasonable interest?

He refers to Satoshi? Man, I'm writing a software so as soon as one of the first generated bitcoins move, I'm automatically dumping everything!

(just joking)