Page 2 of 2 FirstFirst 12
Results 16 to 19 of 19
Like Tree1Likes

Thread: DOW Surges past 24,000 First Time.....Massive!

  1. #16
    where de crix Oneshot's Avatar Oneshot is offline
    Join Date
    Apr 2003
    Location
    Brick City, NJ
    Posts
    24,650
    Credits
    39,947,671
    Quote Originally Posted by socapineman View Post
    DEDE,

    Come on Bro......for an educated man you sound clueless, lol.. you are correct, but that is why we have options, you, such as put options where you bet that a stock or an index will fall and you profit off that.


    Oneshot,

    So this is the deal, so as of October 2017 they have options available......


    Trying to buy min 1k i am will to throw away on the downside.


    But, theses are the symbols



    Gbtc

    Btcusd


    Nyxbt


    I cant find a quote to short this right now.
    if you have money which you willing to lose, just get an account at coinbase or one those places and buy ethereum. i think bitcoin or crpyto currencies to volatile for futures market currently. in the future those currencies will be a derivative of the energy market, because that ( and scarcity) the underlying price driver of crypto currencies.

    ethereum has more staying power than the rest in my opinion

  2. #17
    JA Soca Ambassador socapineman is offline
    Join Date
    Sep 2003
    Location
    Bklyn
    Posts
    11,916
    Credits
    72,076,876
    Quote Originally Posted by Oneshot View Post
    if you have money which you willing to lose, just get an account at coinbase or one those places and buy ethereum. i think bitcoin or crpyto currencies to volatile for futures market currently. in the future those currencies will be a derivative of the energy market, because that ( and scarcity) the underlying price driver of crypto currencies.

    ethereum has more staying power than the rest in my opinion
    Maaaaaan, I search all day, I couldn't find it ....put option without going into the futures market which is death by capital punishment!


    I will try and find an ETF that short Bitcoins !

  3. #18
    JA Soca Ambassador socapineman is offline
    Join Date
    Sep 2003
    Location
    Bklyn
    Posts
    11,916
    Credits
    72,076,876
    Oneshot,


    A lot going on.......first thing !


    #GodBlessAmerica


    Dow Jones industrial heading North, new intra-day high....Dow above 24, 600.

    #ThisisAbigDeal


    Re : Bitcoin,

    Well you see the headlines all the short sellers today on the Futures market made millions...they crash .....it, tjis is the Big Leagues !


    For the little guys...this what i came up with.

    Iknow Yellowbellies like you want to go long Bitcoin....

    These are the ETF

    GBTC

    The index XBT


    For the realistic players, explorers, real Top A Toppas....short sellers


    VONN.SW

    And

    REX SHORT BITcoin at Rexetf.com

    Note, this is still pending SEC appoval....

    So no way for the little guys to profit yet unless you have a min 100k to go into the Futures....



    I would of make a lot for the day.....and guess what, my compliance dept ban me from trading in foreign securities unless there is an ADR available, so more or less i am screwed for now until i can get into an ETF that can short Bitcoin.....

  4. #19
    JA Soca Ambassador socapineman is offline
    Join Date
    Sep 2003
    Location
    Bklyn
    Posts
    11,916
    Credits
    72,076,876
    New Record again !


    Where are the skeptics now ?


    Dow closed at 24,782.......another record !


    #GodBlessAmerica

    #TaxCut

    #NYCdontGetItTwisted

    #Cav

    #MaameBiney

    #MarketsLit

    #ShortBitcoin


    #Xmas

Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •