Crypto News & ICO Reviews
Title. I hope my understanding is adequate, but the way I see it, there are ways to short Bitcoin, and I don't see anything stopping a group of miners from getting together, sabotaging it, and making loads of money off of it. Someone tell me this is unlikely/infeasible.
EDIT: For those who don't know, shorting per Investopedia: Short selling is the sale of a security that is not owned by the seller, or that the seller has borrowed. Short selling is motivated by the belief that a security's price will decline, enabling it to be bought back at a lower price to make a profit.
and an article on shorting Bitcoin: https://themerkle.com/top-7-ways-to-short-bitcoin/ and another article on shorting in general: http://www.investopedia.com/university/shortselling/shortselling1.asp