Shorting bitcoin sounds like very bad idea. If you're going to "invest" in Bitco... | Hacker News

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		mtgx on Nov 17, 2013 \| parent \| context \| favorite \| on: Bitcoin $500 Shorting bitcoin sounds like very bad idea. If you're going to "invest" in Bitcoin, then going long term is definitely the way to go. Even if you invest say right now, but then Bitcoin drops to $300, it's best to keep it a year longer, and then watch it pass $1000 or whatever.

thomasz on Nov 17, 2013 [–]

Or watch it fall below $10.

marvin on Nov 17, 2013 | [–]

As Tycho said - Bitcoin can only ever fall 100% and your potential losses are unbounded. Not a good bet to take.

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