Bitcoin exchange rate reached $100 USD per BTC

Re:Bitcoin exchange rate reached $100 USD per BTC by jaibot on Monday April 01, 2013 @11:44AM (#5473742)

What's a good way to short bitcoin?

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Re:Bitcoin exchange rate reached $100 USD per BTC by pixelcort on Monday April 01, 2013 @01:16PM (#5474433)

There are derivative markets where you could purchase an option to sell bitcoin at a set price in the future. If the price falls below your target by then, buy up cheaper Bitcoins and sell them at profit.

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Re:Bitcoin exchange rate reached $100 USD per BTC by phyalow on Monday April 01, 2013 @05:23PM (#5476003)

take some forwards @ mpex.co

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Re:Bitcoin exchange rate reached $100 USD per BTC by SlipperySlope on Monday April 01, 2013 @11:55AM (#5473817)

https://bitfinex.com allows short sales on bitcoin.

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Re:Bitcoin exchange rate reached $100 USD per BTC by 1SaltwaterC on Monday April 01, 2013 @12:27PM (#5474060)

Thinking the same thing. It'll be interesting to see somebody going out sorosing the BTC "economy".

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Re:Bitcoin exchange rate reached $100 USD per BTC by phyalow on Monday April 01, 2013 @10:30PM (#5477340)

mpex.co

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Re:Bitcoin exchange rate reached $100 USD per BTC by TranceMan on Monday April 01, 2013 @11:56AM (#5473819)

If you really want to - Borrow $x bit coins - sell $x bit coins - wait for price to drop - buy back $x bit coins - return $x bit coins to lender.

Now the speculators are in........

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Re:Bitcoin exchange rate reached $100 USD per BTC by NegativeK on Monday April 01, 2013 @01:09PM (#5474392)

Do you know of any places that make loans in Bitcoin?

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Re:Bitcoin exchange rate reached $100 USD per BTC by shazow on Monday April 01, 2013 @01:57PM (#5474697)

I know some people use https://btcjam.com/

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Re:Bitcoin exchange rate reached $100 USD per BTC by drivebyacct2 on Monday April 01, 2013 @12:20PM (#5474007)

Good luck. I hope it goes better for you than the people planning to do it 3 weeks ago. Or 3 months ago. Or a year ago.

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Re:Bitcoin exchange rate reached $100 USD per BTC by jaibot on Tuesday April 02, 2013 @01:35AM (#5477853)

Sell high, buy low.

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Re:Bitcoin exchange rate reached $100 USD per BTC by polarix on Tuesday April 02, 2013 @09:44AM (#5479185)

That strategy works unless this is the lowest it will ever be.

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Re:Bitcoin exchange rate reached $100 USD per BTC by drivebyacct2 on Tuesday April 02, 2013 @10:01AM (#5479290)

Right. Like it was higher 3 weeks ago. Or 3 months ago, or a year ago?

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