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> On a related note: Is the bitcoin infrastructure mature enough to support short selling in a sane way yet? I work in finance so I'm very familiar with shorti
by chollida1 13y ago
> On a related note: Is the bitcoin infrastructure mature enough to support short selling in a sane way yet?
I work in finance so I'm very familiar with shorting but I don't know what you mean by "a sane way".
What way's sane or otherwise are you referring to?
Normally for shorting. you do the following:
1) borrow the stock from a broker
2) put in your short order
3) get your order filled
4) continue to pay a borrow each day for the stock you borrowed to short
5) buy back your stock
6) return the borrow and settle with your broker
- foobarqux 13y agoYou can't borrow bitcoin right now. The only way to go short is to use sketchy futures and options exchanges.