View Single Post
Old 04-15-2013, 02:12 PM  
dyna mo
The People's Post
 
dyna mo's Avatar
 
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 64,404
here is another way it's being talked about shorted::::::


Alternately, slide over to BTCjam.com.

To go long on BTC, take a loan and tie it to the BTC/USD exchange rate. Wait for it to rise and pay back the loan. Keep the difference.

To go short on BTC, take a loan and don't tie it to an exchange rate. Transfer it to CampBx and sell it. Buy it back at the lower price, ship it back to BTCjam, and pay back the loan. Keep the difference.
dyna mo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote