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A comment on Why you can’t cash out part 1: Bitcoin’s “price” is largely fictional. Parent comment

Re:Why you can’t cash out part 1: Bitcoin’s “price” is large... by kasey_junk on Monday December 18, 2017 @08:27AM (#15951425)
Is there a way to verify this somehow? One of the biggest issues in the Bitcoin space seems to be counter party risk with the exchanges.

How do large Bitcoin traders price that risk? With most modern financial exchanges the accounts are open, audited and they’ve had a long time to generate trust with their members so pricing the counter party risk is straight forward.

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Re:Why you can’t cash out part 1: Bitcoin’s “price” is large... by sharemywin on Monday December 18, 2017 @09:36AM (#15951847)
if your treating bitcoin as anything short of gambling, you probably in for a big surprise one day.
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Re:Why you can’t cash out part 1: Bitcoin’s “price” is large... by kasey_junk on Monday December 18, 2017 @09:58AM (#15952031)
Professional gamblers price counter party risk into their bets as well. Using similar methods now that the bet takers are frequently public corporations.
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