{"id":1897,"date":"2013-12-09T10:10:11","date_gmt":"2013-12-09T00:10:11","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=1897"},"modified":"2013-12-09T11:22:41","modified_gmt":"2013-12-09T01:22:41","slug":"how-to-bet-against-bitcoin","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/how-to-bet-against-bitcoin\/","title":{"rendered":"How to bet against bitcoin"},"content":{"rendered":"

Stephen Gandel at CNN Finance:<\/p>\n

\n

Can you bet on the likely eventual bitcoin crash?
\n You bet. But it’s an expensive trade. And even if you’re right, you won’t walk away with much, if anything.<\/p>\n

The traditional way you bet against something is to “short it.” But in order to do a short sale you have to borrow a share of stock or bond or whatever you are looking to bet against. And borrowing bitcoins is nearly impossible.\n<\/p><\/blockquote>\n

I think this is an interesting idea I hadn’t heard before; why is Bitcoin’s growth heading straight up? Well, unlike a regular financial market, it lacks the ability for people to get a windfall from anything other than growth. There’s no profit to be made in betting against it.<\/p>\n

Update:<\/strong> Friend of the site Mat Peterson<\/a> linked me to this fascinating paper on market volatility (warning – PDF): Regulatory Medicine Against Financial Market Instability: What Helps And What Hurts?<\/em><\/a> It digs into the potential what-if?<\/em> scenarios that accompany a variety of financial regulation measures, including a ban on short selling. One for the finance nerds.<\/p>\n","protected":false},"excerpt":{"rendered":"Stephen Gandel at CNN Finance: Can you bet on the likely eventual bitcoin crash? You bet. But it’s…\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10],"tags":[156,520,517,519,516],"jetpack_publicize_connections":[],"reckoner_social_message":null,"_links":{"self":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/1897"}],"collection":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/comments?post=1897"}],"version-history":[{"count":0,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/1897\/revisions"}],"wp:attachment":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/media?parent=1897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/categories?post=1897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/tags?post=1897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}