Quote from: MoonShadow on November 25, 2013, 11:29:07 PM

Quote from: Rampion on November 25, 2013, 11:13:23 PM

Quote from: MoonShadow on November 25, 2013, 11:10:18 PM

Quote from: Rampion on November 25, 2013, 11:02:06 PM

Quote from: MoonShadow on November 25, 2013, 10:55:30 PM

That's nothing. Back around Feburary I shorted a small fortune in bitcoins because I thought, "There's no way that Bitcoins could surge beyond $80 apiece in the next two weeks!"

I was wrong, and as a result lost a life-changing number of bitcoins. Had I not done that one wager, I would be able to retire and move to a warmer climate by now. And I'm not exaggerating.

Well, check this out (http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/) and then we speak about pain and slaughter.

Well, that guy obviously has a block with learning that there are some risks that some people can't manage. He needs to put that money into a CD or trust, and leave it for his sister. I lost a fortune, but I learned that I shouldn't be gambling with bitcoins like it was monopoly money.

I thought we all agreed on something: one does not simply short bitcoins.

Doesn't matter what you might agree about. It only matters what's possible. Someone's going to ingore your agreement.

I just meant that shorting bitcoins seems extremely reckless given how BTC has behaved in his short history, I though you would have agreed since you've been into BTC since the days in which it was worth nothing.