Bitcoin Forum

Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: sdmathis on May 19, 2015, 04:20:26 PM



Title: Poloniex now allowing short sales on some coins.
Post by: sdmathis on May 19, 2015, 04:20:26 PM
What do you think of Poloniex allowing us to short Monero, Ripple, Dash, and Litecoin? Personally, I'm stoked about the ability to make short sales on some alts. I hope they add more coins soon. Any thoughts?


Title: Re: Poloniex now allowing short sales on some coins.
Post by: tyz on May 19, 2015, 04:44:26 PM
I've got some good background in forex and stock trading stuff. Thus, I am wondering how they want to secure short trades financially. There is too less liquidity in those alts to allow riskless short trades for Polo.


Title: Re: Poloniex now allowing short sales on some coins.
Post by: spud21 on May 19, 2015, 05:31:38 PM
Shorting could make those coins prices highly volatile. Most exchanges have litecoin markets and there could be a knock on effect on the prices any of the coins priced in litecoins.


Title: Re: Poloniex now allowing short sales on some coins.
Post by: CryptoJerk on May 19, 2015, 06:42:10 PM
lol goodbye bittrex ;D all they need to do now is fix their ugly ass charts


Title: Re: Poloniex now allowing short sales on some coins.
Post by: mrvegad on May 19, 2015, 07:02:10 PM
To bad polo can't figure out how to sync wallets, there are some wallets on polo (Qora and Burst plus one more I can't remember) that have been unavailable for over 24hrs, they support can't figure out how to sync the wallets.


Title: Re: Poloniex now allowing short sales on some coins.
Post by: okae on May 19, 2015, 07:32:10 PM
To bad polo can't figure out how to sync wallets, there are some wallets on polo (Qora and Burst plus one more I can't remember) that have been unavailable for over 24hrs, they support can't figure out how to sync the wallets.

i can confirm that, i was talking with some mods on the trollbox and they toldme that they will solve it asap.

buti didnt know that was for more than 24h, thats so sad for a great exchange :(  btw now we need to fill the first and last name at our profile in order to withdraw ANY coin...