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How to invest against bitcoin? How to invest against bitcoin?

08-28-2017 , 01:38 PM
Not shorting it. I believe bitcoin won't succeed, or frankly the US gov won't let bitcoin succeed, and they will invent "govcoin for quickly trading the USD" or visa will come in with "visa-coin" or something like that.

Obviously I can buy visa stock, how would I go about investing into the Government / what are ways to invest against bitcoin?
How to invest against bitcoin? Quote
08-28-2017 , 02:15 PM
08-28-2017 , 02:17 PM
You can't really short bitcoin reliably. The bitcoin exchanges that have shorting are likely to go belly up if the bubble crashes, so you have large counterparty risk with a maximum upside of 100%. Not a good trade. You're out of luck for now.

You could try shorting one of the scam bitcoin pennies. Not a fun ride though, lots of irrationality and manipulation.
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08-28-2017 , 02:53 PM
I don't want to buy another crypto. I believe the whole crypto system is a sham. I want to invest in something anti crypto.
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08-28-2017 , 03:00 PM
Mr. Jones, please meet Alex Jones. He's got a lot of canned food for you to invest in.

www.infowars.com/store
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08-28-2017 , 03:06 PM
Quote:
Originally Posted by mark "twang"
Mr. Jones, please meet Alex Jones. He's got a lot of canned food for you to invest in.

www.infowars.com/store
You don't have to believe my opinion. I'm not trying to "convince" anyone. I just want to know what I can invest in that will make me money, if the bitcoin, and crypto market in general, fails.
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08-28-2017 , 03:26 PM
If your biggest concern is that the government won't let the crypto succeed, then invest in estcoin, the state-backed coin of Estonia
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08-28-2017 , 03:33 PM
Guys, I don't want to invest in any sort of crypto currency!!!!!
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08-28-2017 , 03:51 PM
OP, you're a couple of days too late. BITCF was halted last week, you could have shorted that.
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08-28-2017 , 05:55 PM
Hey OP,

If you want to fade crypto all together then IMO gold is a good option. Goldmoney is an interesting option which allows you to buy gold online which you actually own. You are not buying a stock you are buying actual gold.

From what I understand you can actually load a credit card with this gold value and spend it like a traditional cc. Basically the future could see people owning gold but then spending via credit cards. Very interesting. There was a guy on one of the recent Joe Rogan podcasts talking about it.

If you think crypto is going to fail then naturally investors will be freaking out and rushing to a safe haven which has traditionally been gold and I suppose to a lesser extent USD.

https://www.goldmoney.com/
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08-28-2017 , 06:13 PM
Quote:
Originally Posted by Mr.Jones
You don't have to believe my opinion. I'm not trying to "convince" anyone. I just want to know what I can invest in that will make me money, if the bitcoin, and crypto market in general, fails.
the USD!!!!! greatest country in the world
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08-28-2017 , 06:28 PM
Quote:
Originally Posted by LEMONZEST
Hey OP,

If you want to fade crypto all together then IMO gold is a good option.
Why?? Broke cryptoclowns are going to be cashing out their gold to cover their margin.

Quote:
Goldmoney is an interesting option which allows you to buy gold online which you actually own. You are not buying a stock you are buying actual gold.
Why on earth would you buy virtual gold from some weird site when you can buy GLD, a regulated instrument?

Quote:
If you think crypto is going to fail then naturally investors will be freaking out and rushing to a safe haven which has traditionally been gold and I suppose to a lesser extent USD.
The crypto space is tiny compared to the flows in currency or gold. Especially as crypto crashes.
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08-28-2017 , 07:02 PM
It is worth noting that many here should stop using the term 'investing' in this thread. You are not investing but speculating.

Gamble responsibly and be lucky.
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08-28-2017 , 07:33 PM
Although I do believe gold will go up if crypto's fail, I don't believe that's the "big play" though.

I'm trying to figure what's gonna really pop if crypto's ever fail.
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08-28-2017 , 09:09 PM
Paypal PYPL
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08-28-2017 , 09:14 PM
Bitcoin options will be available to you through your broker in the fall, and you'll be able to place your bets through your brokerage.


I personally dont think you have an investible thesis. No time frame, no mechanism, no fundamental basis for your claim-- just a shot in the dark.


Bitcoin and other cryptos in general are completely uncorrelated to traditional markets and asset classes. Look at the historical charts for yourself, its a difficult thesis to make a trade around it using legacy tools.
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08-28-2017 , 10:57 PM
Gold, banks, western union, usd + other currencies
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08-29-2017 , 01:54 AM
Buy USD. :-/
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08-29-2017 , 03:14 AM
Quote:
Originally Posted by Mr.Jones

Obviously I can buy visa stock, how would I go about investing into the Government / what are ways to invest against bitcoin?
Go and pay off (=lobby) your representatives and a lot of others.
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08-29-2017 , 05:29 AM
its kind of weird to ask an Anti-crypto investment... just avoid the market.
Go the traditional way.

to my knowledge there is no company or initiative to undermine any specific crypto currency or blockchain w/e.
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08-29-2017 , 07:21 AM
Bet against Nvidia. Their technology is instrumental for Bitcoin mining.
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08-29-2017 , 08:56 AM
their technology is also pretty instrumental in AI/deep learning/data science, i doubt bitcoin moves the needle substantially for NVDA...
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08-29-2017 , 09:13 AM
Quote:
Originally Posted by Mr.Jones
how would I go about investing into the Government
Bonds.
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08-29-2017 , 09:37 AM
Quote:
Originally Posted by Morphismus
Bet against Nvidia. Their technology is instrumental for Bitcoin mining.
And Intel, their laptop CPUs are instrumental for Bitcoin mining.
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08-29-2017 , 09:54 AM
I'm sure government coin is going to have all kinds of early adopters. ALL KINDS.
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