My dear @zdreg I suspect you already know but in the spirit of...: Short on a exchange that accepts fiat, acquire BTC and go trade BTC futures(ironically denominated in BTC), go short that 1 OTC ETF, etc etc....
OK let's approach this from a quantitative point of you. Are they even reporting earnings? Is there a PE ratio? Would buffet own this sstock?
Oh really m8? https://www.cryptofacilities.com/ https://www.bitmex.com/app/trade/XBTUSD https://www.kraken.com/help/fees Drinks are on you. Put some effort in.
I think, a better question is what will happen to BTC price if another (Etherium?) crypto-currency becomes more attractive.
They seem to be in lockstep right now and the % loss from their ATH are very similar, ~20ish%... BTC 3000>>2350 (on Bitstamp) ETH 390>>310
What's that you say? I was right, the beginning of the end is near... 800 point drop from Monday... I told ya this thing is just a big joke. great article posted below. At over $2000 per share I never thought this thing could be traded. So, it is a buy and hold? When I think of my money that goes into longer term investments I ask myself what is the product? Do people believe in it? are they making money? Would Warren Buffet own it? I already posted that one of the original big time BTC investors, a hedge fund manager, dumped his shares about 2 weeks ago. https://www.fool.com/investing/2017...ver-invest-in-bitcoin-and-you.aspx?yptr=yahoo
it's okay,,, I have accepted that I will be the lone wolf on this board to speak out against this stock. If I was risk adverse I sure the hell wouldn't be day trading. Not one person has stepped up to give any factual info of why this is a stock to own long. Not to mention that it is traded on exchange you have never heard of. This thing is just waiting for some kind of major fraud, hacking, or whatever. Good luck selling your shares when that happens. Did yo know the exchange that used to handle BTC stock trades went bankrupt in 2014? but it's okay, I am a big boy and can stand by my convictions.