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> Can't imagine anyone in their right mind would short bitcoin right now though... Why not? I can't believe anyone in their right mind would significantly inve

• namelost 9y ago
  That doesn't mean you should short it. Bitcoin is casually up 6% today, in recent history it has had daily gains in excess of 20%. It can rise by multiple percent in a few minutes. You would have to be completely nuts to short it, regardless of what you think it is going to do in the medium-term.
• lallysingh 9y ago
  With this kind of volatility, you can do pretty well market making.
• JumpCrisscross 9y ago
  One can simultaneously believe something is neither worth buying nor shorting. In this case, Bitcoin’s volatility and meteoric rise make predicting the timing of its crash risky.