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I'll say it again... People seem to love talking about shorting Bitcoin, and a crash wouldn't surprise me all, but given Bitcoin's meteoric rise recently you'd
by tlrobinson 14y ago
I'll say it again...
People seem to love talking about shorting Bitcoin, and a crash wouldn't surprise me all, but given Bitcoin's meteoric rise recently you'd have to be insane to actually do it.
(https://news.ycombinator.com/item?id=5421675 https://news.ycombinator.com/item?id=5421675 11 days ago, when the price was about $70)
- Evbn 14y agos/bitcoin/real estate/ Now consider how much more liquid BTC is. The problem is that there is no supported mechanism for shorting. If you have a lot faith in bitcoin, will you lend me some at 0% (or negative, if you believe in growth!) annual interest for a 10 year term? If so, I will take that loan.