<div>I bet inTrade could be persuaded to sell BitCoin futures.</div><div><br></div><div>A future that pays out if BTC falls below a certain dollar amount could serve the same purpose as shorting BitCoins.</div><div><br></div>
<div>- Andy</div><br><br><div class="gmail_quote">On Sat, Jun 18, 2011 at 4:02 PM, Mike Frank <span dir="ltr"><<a href="mailto:michael.patrick.frank@gmail.com">michael.patrick.frank@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;">
Shorting essentially just means borrowing the item to short, and then selling the borrowed item below market price.<div><br></div><div>You could certainly borrow bitcoins from someone (if they were willing to loan them to you), and then sell the borrowed coins on an exchange.</div>
<div><br></div><div>However, the existing exchanges don't support "naked short selling," which would means posting an "ask" to sell bitcoins that you don't actually have on deposit in your exchange account. </div>
<div><br></div><div>But, there is nothing to prevent someone from making such an exchange, or just posting a Craigslist ad that says, "I have 1 million Bitcoins which I am willing to sell to anyone for $0.001 cents each," when you don't have the actual coins yet, just some friends who have agreed to loan you their coins.</div>
<div><br></div><div>That would essentially be a retro-tech equivalent of a naked short sell.</div><div><br></div><div><font color="#888888">-Mike</font><div><div></div><div class="h5"><br><br><div class="gmail_quote">On Sat, Jun 18, 2011 at 6:16 PM, Warren Smith <span dir="ltr"><<a href="mailto:warren.wds@gmail.com" target="_blank">warren.wds@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">By the way, re Jameson Quinn saying he'd short-sell bitcoins...<br>
is it actually possible to short them?<br>
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