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Can one bet bitcoin on a bet that bitcoin will go down in value

Can one bet bitcoin on a bet that bitcoin will go down in value

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There are plenty of publicly traded firms that either deal heavily with crypto as part as there are of crypto its position in BTC and oen and bet on like a stock.

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Balaji Srinivasan says hyperinflation is happening now. He is making million-dollar bets that bitcoin will rise to $1 million in 90 days. So how does one bet against bitcoin without taking the risk of suffering crippling losses if the bet's timing is off? Not only is it volatile. I hold what amounts to a bet against bitcoin, expressed in terms of options and shorts on public market bitcoin-related companies.

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Table of Contents Expand. Table of Contents. The practice is illegal in the U. Originally, that was an accident of circumstance: mining companies are capital intensive and have the most pressure to raise the sort of capital that only public markets can offer, so when I went hunting they were what I found.

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