Anybody have a bag, big enough to short this?

[farmaholic]

LOL....where can we buy in?

On the Ghetto Stock Exchange(GSX), ticker symbol F$D

GSX:F$D

[macdon02]

Let me put some perspective on bitcoin, why on earth would you trade it with the margin requirements? Long or short? Look at corn. It's cheap. You could buy 42 ATM July corn calls (210000 bushels) for your BTC margin(a 5 lot cme contract), a fifty cent rally would be the similar to BTC to $40,000. Now which do you have a better chance of obtaining? Ballsy? Risk/reward

[macdon02]

Corn has more room to the downside and I'm not saying this is a trade to make at the moment. But you'd hit the growing season and acreage reports with it along with a seasonal up trend.

[farming101]

Risk level is ridiculous!

Dec2018 Bitcoin 25K calls are being bid at 7K.

[farming101]

Jan Bitcoin futures down 32% in 4 days from the Sunday evening high at 20,500. 60 minute chart
Not for the faint of heart...Guess it was a good short after all

[AlbertaFarmer5]

Shorting this is one of those cases where being right, but getting the timing wrong would be fatal. The potential loses going long anything, is simply what you have invested. Going short something that goes parabolic, the potential losses are nearly infinite. For reference, from March of 2010 till today, Bitcoin increased by 660 million percent. that would be a big margin call.

[farmaholic]

....hindsight investing.

Money for nothing! Either shorting it lately or being long early. Congrats to anyone who did either. The early long bet would have paid better than the wildly risky short bet.

[sumdumguy]

Hiding under The bed😂

[farmaholic]

Hiding under The bed😂

Are you on the wrong side of this? It's more comfortable in the bed than under it. They're for sleeping in not hiding under....that's where the monsters are!

[danny W1M]

My query on Dec 16th looks pretty good now($17,717). Likely wouldn't have been able to take the heat on Mon 18th move up,,,probably would've got whipsawed trying to get out. But where we will end up today, would've have looked sweet!

Should've given more consideration to the up coming holidays, in that, people often like to clean up their positions when there are days ahead in which you can't trade.

I think this thing will go down to at least 12,000, if not even 8,000.

No, I'm still not getting in,,,, as AF5 says, could lead to unbearable pain !

[URL="https://www.nyse.com/quote/index/NYXBT"]https://www.nyse.com/quote/index/NYXBT[/URL]

Oh ya, the news about the falling Bitcoin was all over CTV and CBC this morning, so you know what happens with news like that goes "mainstream".