4 ms·
If it's so obvious, why don't you buy a futures contract to short it and reap your rewards in a year or two? You can make millions of dollars if you're right.
by 0bsidian 9y ago
If it's so obvious, why don't you buy a futures contract to short it and reap your rewards in a year or two?
You can make millions of dollars if you're right.
- 0xcafecafe 9y agoI cannot as the market can remain irrational for a far longer time than I can remain solvent.
- aws_ls 9y agoBut that's an issue. I agree nobody really knows. But the believers at least have small holdings. Where as skeptics give reasons, which may be true, but only time will tell. May be search for an Ethereum contract, which allows betting against Bitcoin. Solidity new hack discovery permitting, you can make a small killing. Would be nice way of making a point with some skin in the game.
- 0bsidian 9y agoYou don't even need a smart contract, the CME will be starting to sell cash settled BTC futures in two weeks: http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html http://www.cmegroup.com/media-room/press-releases/2017/10/31...