View Single Post
Old 02-28-2014, 12:47 PM  
dyna mo
The People's Post
 
dyna mo's Avatar
 
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 65,779
Quote:
Originally Posted by Biggy View Post
Yeah, I mean I am just thinking, if this is such a legit currency, why can't a person place a bet against it? I mean, you can go out and place bets against every real currency out there. It helps keep a currency honest.

But for some strange reason, you cant short Bitcoin? You can buy an infinite amount, but can only sell a certain amount per day? So there's restrictions on the sell side, but none on the buy side?

If what I am saying is true, then what would be the real value of the currency if it had to behave like every other currency and was exposed to being shorted?
It's a very new tech, nevertheless, trading options, such as shorting, are emerging:

https://www.bitfinex.com/pages/features

https://campbx.com/

http://www.avatrade.com/trading-info...arkets/bitcoin
dyna mo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote