Bitshares shorters' business model

in #bitshares8 years ago (edited)

keep on collecting more BTS.
keep on borrowing more smartcoins from the system.
keep on making markets, promoting adoption of DEX and smartcoins.
all these will lead to a higher solid price base of BTS, and it will benefit the whole ecosystem and the shorters themselves.

lion.png

maybe you do not want to consider this logic carefully, but if you have locked 100M BTS as collateral everything will be different.

100M BTS means if the margin call price increase 10%, you can borrow about 18k USD more from the system. that make many sense and will definitely drive you to consider seriously the logic described above.

I believe the price of BTS will never drop below 0.03 CNY, and even the current price is very cheap.

it is also confusing that in poloniex there are always traders that sell BTS in low price, OK, just sell them please, let me collect them.

let's wait to see what will happen as time collapse.

Sort:  

Congratulations @bitcrab! You have received a personal award!

Happy Birthday - 1 Year
Click on the badge to view your own Board of Honnor on SteemitBoard.

For more information about this award, click here

By upvoting this notification, you can help all Steemit users. Learn how here!