So 7 days ago you went short bitcoin. Who took the other side of the trade, and what was the collateral? How is the trade working out?
You are viewing a single comment's thread from:
So 7 days ago you went short bitcoin. Who took the other side of the trade, and what was the collateral? How is the trade working out?
I sold it close to $5200. Bitfinex is allowing you to do this. I don't think a "real" person took the other side. I am long altcoins since a few days but BTC is taking all the light :(.
So you made $550 per bitcoin profit? Good trade! Personally I would not have the nerve to go short bitcoin. It could spike (gap) 100% to the upside on a piece of good news. For example, CBOE may get approval to trade bitcoin futures. If they do, I reckon that may cause the price of bitcoin to double in seconds.