Re:Bitcoin Futures Could Open the Floodgates for Institution...
by sillysaurus3 on Tuesday October 31, 2017 @06:29PM
(#15597176)
Also, if someone is confident BTC will fall, they should short it and make money on the way back down. But people tend not to do that.
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Re:Bitcoin Futures Could Open the Floodgates for Institution...
by Anderkent on Tuesday October 31, 2017 @07:13PM
(#15597488)
Not necessarily. 'The market can stay irrational longer than you can stay liquid', etc. To short you not only have to believe something will eventually go down, but that it will go down soon.
Re:Bitcoin Futures Could Open the Floodgates for Institution...
by gruez on Tuesday October 31, 2017 @08:06PM
(#15597854)
which makes sense, because the market is cyclic, there's going to be a crash sooner or later. crying "it's going to crash" doesn't say anything useful.
Re:Bitcoin Futures Could Open the Floodgates for Institution...
by ForHackernews on Wednesday November 01, 2017 @06:04AM
(#15599899)
There's no good way to short BTC today. Real financial institutions hardly touch it, and if you make a bet on a crypto exchange, there's no guarantee you'd ever get paid. If BTC tanks, likely the exchange will go away too, and you won't be able to cash out.
Re:Bitcoin Futures Could Open the Floodgates for Institution...
by rdslw on Wednesday November 01, 2017 @08:24AM
(#15600502)
You can easily short BTC since 2014.
Re:Bitcoin Futures Could Open the Floodgates for Institution...
by paulpauper on Tuesday October 31, 2017 @06:40PM
(#15597268)
people do, but they often lose money and you never hear from them (except for the rare instances where some make money and then they don't shut-up about it)