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This is the opposite of speculating on a rising price. It is a way of shorting cryptocurrencies. Sell now and pay back your creditors after the crash.
by lippel82 9y ago
This is the opposite of speculating on a rising price. It is a way of shorting cryptocurrencies. Sell now and pay back your creditors after the crash.
- phire 9y agoThe best case is the exchange is shorting the btc they borrow from investors. Worst case, the exchange is insolvent and needs BTC to allow withdrawals to continue.