If you bought BTC at $1200, then that was your choice. It is your problem. It isn't the market's problem.
If you don't mind exchanges allowing other people to sell your bitcoins, then good for you. I suspect others would be concerned.
First you say the market makers get to sell their bitcoins
No I never claimed this[/quote]
instead of the someone on the exchange
You'll have to reword this it makes no sense
and now are saying the exchange would sell your bitcoins. You seem confused.
No, you are still not getting it. I never said the exchange sells anything.
The fact is short selling isn't anything new and it is a normal part of most markets
. Did I say it was new?
Just because you don't understand how it works, doesn't make it a scam. If you short sell something you have to cover it at some point and it can be highly risky for the short seller.
Like I said, no one would randomly short sell anything. Bad news comes out, they can short sell but you cant. They win and the holders lose.