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0 pointstlrobinson13y ago0 comments

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 11 days ago, when the price was about $70)

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1 comments · 1 top-level

Evbn13y ago

s/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.

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