Re: Has anyone noticed a correlation between BTC price and Bitfunder stocks?
Use as collateral for going long on Bitfinex for example... still sounds a bit weird to free up coins during a drop though.
What would you do on Bitfinex? Aren't you already long by holding a security valued in BTC ?
I think you are assuming ASICMiner has a FIAT value. i can see your argument with other securities that would experience a price change but few do. ASICMiner pretty much stays the same with price changes (look at the bubble/pop). However securities with FIAT business should move with the market and yes you could exploit that
1. Sell shares of Asicminer
2. sell bitcoins for USD
3. Watch BTC price plummet (hopefully)
4. buy more bitcoins for USD
5. buy more shares of AsicMiner
If everything goes as planned, if you can get your btc to the market before the crash reverses, then you could end up with more shares of AsicMiner than you started with, all in time to get the weekly dividend.