"When the futures is sufficiently high they will short it ..."
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This thing is in blue sky so what is sufficiently high?
"After some time will close out paper Bitcoin for big profit on the short. They will also have sold at profit on real Bitcoin. They will have creates panic and many will have sold real Bitcoin. With their profits and principle from futures and real Bitcoin they will pile in to cheaper real Bitcoin and have a larger coin total than before the process."
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Are you referring to a swing trade?
If you look at the price action from when China banned Bitcoin trading on exchanges, that was a good solid swing trade. Wait for a more optimistic target and you get blown out of the water. Next opportunity came in November, a tiny profit taking sell off by comparison and if you wait like the previous occasion, blown out of the water again. Currently lastweek's short would have yielded a mediocre short trade and probably will get blown out of the water again soon?
You would have been better off buy dips and forget the short. Scalp trading require precision and meagre returns.
So far I have seen a few Youtube videos commenting on the likely move of Bitcoin from today. The move went against the consensus and logic. Seems buy dips again and picking tops is a very unprofitable venture. Unfortunately you do that on gold! Fade rallies.....
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