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Comment by avaku | Hacker News Reader

Is there a way to short bitcoin?

Is this becoming a joke or something? In every god damn Bitcoin thread there is a very smart person who always asks the same question. If you are so serious about it why not just use Google?

https://encrypted.google.com/search?hl=en&q=is%20there%2...

there you go.

https://www.hnsearch.com/search#request/all&q=way+to+sho...

FYI asking this question does not make you seem like a financial genius nor is it a witty reply.

It is a legitimate question, though, with an answer that is yes you can, in theory, but no large markets currently support it, and the ones that do don't allow naked shorts.

As mentioned elsewhere in the thread, two that allow shorting look pretty sketchy.

So I guess it sort of is a joke. When do the markets for bitcoins start acting like actual markets instead of hype machines for bitcoins?

You can look for a natural short, attempting to reason something that is intrinsically linked. A good place to start would be the last bitcoin crisis and crash, and how did the gold market (for example) respond if at all.?

Most likely we have no good data and you'd be making educated guesses.

Yes.

Bitfinex - The place to trade bitcoins - Easy - Secure - Margin trading, lending market, bitcoins exchange: https://www.bitfinex.com/

ICBIT - Bitcoin Derivatives Market and Exchange: https://icbit.se/

Goodluck.

Bitfinex is incorporated in Hong Kong. Let us suppose you make a $10,000 wager with them, and they take your money and close your account and ignore your emails.

How do you suppose to get your $10,000 back? Hint: you won't.

"ICBIT currently is in process of incorporating in an offshore jurisdiction."

Even better.

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