Quote from: DannyHamilton on December 05, 2017, 08:31:39 PM

Quote from: Thatstinks on December 05, 2017, 08:19:18 PM

I think any research will clearly show they do not need BTC to short or go long, it is all cash settlements.

Correct. This is how the futures market will work.

Quote from: Thatstinks on December 05, 2017, 08:19:18 PM

Secondly nearly all the talking heads worth listening to and btc news sites like coindesk ALL agree that there is a HUGE chance it gets shorted to hell.

Not the ones I'm listening to. "Nearly all" is a rather bold statement, and "worth listening to" is an indication that (as I already mentioned) you are in a bit of an echo chamber. You may want to broaden the scope of opinions that you expose yourself to if you want a more balanced view of the world.

Quote from: Thatstinks on December 05, 2017, 08:19:18 PM

You do understand that they make just as much by shorting when the price goes down, money on both sides. No NEED to see a price rise to make money.

Yep. That's how short positions work. You sell something today that you don't have and buy it later at its future price. If the price goes down between the sell price and the buy price then the difference is your profit. If the price goes up between the sell price and the buy price then the difference is your loss.

It's a dangerous game. Your profits are limited (price can't drop below zero). However, your losses are unlimited (price can just keep going up).

Quote from: Thatstinks on December 05, 2017, 08:19:18 PM

Just sayin it is a big risk week coming.

Bitcoin has been a big risk since the day it was introduced. If you are storing value in bitcoin that you would be devastated to lose, then you have too much money in bitcoin.

Quote from: Thatstinks on December 05, 2017, 08:19:18 PM

The Banks/Wall street can short it to $1000

And if it goes up, they are going to lose a LOT of money.

Quote from: Thatstinks on December 05, 2017, 08:19:18 PM

and make a boat load

Or lose a boat load.

Quote from: Thatstinks on December 05, 2017, 08:19:18 PM

all while buying it up on the way dwn on exchanges thus taking control, it is a real possibility.

Hope I am wrong.

Time will tell. It's a great time to be alive, isn't it? So much excitement in the world.

Your reply is the other side of my train of thought, that is why a HODL or sell now and watch is the big question.

Thatstinks

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