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Title: How do i short NMC? Post by: joesmoe2012 on December 14, 2013, 12:03:09 PM The title says it all.
Title: Re: How do i short NMC? Post by: MGGB on December 24, 2013, 01:40:59 AM Not an expert on trading, but I am pretty sure you would need to get someone to lend you some NMC. Then sell that NMC at the highest price you can, wait for the price of NMC to go down, purchase back the coins and repay your lender. The coins gained would be considered a short. Again not an expert, hope that helps. :)
Title: Re: How do i short NMC? Post by: jonanon on December 24, 2013, 02:24:10 AM By shorting I assume betting that the value of NMC will go down hence spread betting.
From what I've seen there are no sites offering this, the exchanges only let you buy or sell so I am not sure if this is possible. Title: Re: How do i short NMC? Post by: joesmoe2012 on December 24, 2013, 03:33:29 AM Not an expert on trading, but I am pretty sure you would need to get someone to lend you some NMC. Then sell that NMC at the highest price you can, wait for the price of NMC to go down, purchase back the coins and repay your lender. The coins gained would be considered a short. Again not an expert, hope that helps. :) That would be shorting the old fashion way. Only problem is that what if they intentionally make themselves unavailable during a spike... I want to trade on a liquid market... :) Title: Re: How do i short NMC? Post by: MGGB on December 24, 2013, 04:35:14 AM [
That would be shorting the old fashion way. Only problem is that what if they intentionally make themselves unavailable during a spike... I want to trade on a liquid market... :) [/quote] We'll then I agree with Jonanon, not possible yet. Maybe someday :) Title: Re: How do i short NMC? Post by: BitCoinPokerBro on December 24, 2013, 04:17:15 PM The title says it all. https://bitcointalk.org/index.php?topic=381104.msg4121685#msg4121685 (https://bitcointalk.org/index.php?topic=381104.msg4121685#msg4121685) is the only way that I know of for shorting altcoins Title: Re: How do i short NMC? Post by: bitpop on December 26, 2013, 10:11:36 AM Wish I could short dogecoin
Title: Re: How do i short NMC? Post by: joesmoe2012 on January 03, 2014, 11:39:52 AM Is anybody else actually able to execute orders for NMC on btc-e's MT4?
I can for all the other offered pairs, but not for NMCUSD... |