Bitcoin Forum
November 10, 2024, 03:09:11 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to short an altcoin?  (Read 611 times)
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
April 23, 2015, 05:36:01 PM
 #1

Is it possible to short an altcoin?
lucasjkr
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


View Profile
April 23, 2015, 05:45:33 PM
 #2

If you can find an exchange that supports hat feature. Otherwise, you could negotiate terms And a rate of interest with a current holder, though you'll need to collateralize it. Then you simply sell those coins and hope they fall so you can buy them back and return them to the lender.
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
April 23, 2015, 05:47:53 PM
 #3

Which exchanges support shorting?

Is there a service that facilitates that sort of an arrangement between a holder and shorter?
Braino
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250


IRONX - Fully regulated World-Class Exchange


View Profile
April 23, 2015, 06:05:40 PM
 #4

If there is none, sounds like an opportunity in the making.

Although if anyone knows of an exchange that shorts alts please post  Cool



     ▄██    ▐███████▄▄▄       ▄▄█████▄▄      ▄██▄      ▐██▄    ▒▓▓▄      ▄▓▓▒
     ███    ▐██▌▀▀▀▀▀███▄    ███▀▀▀▀▀███▄    ████▄     ▐██▌  ▐▓▄ ▀▓▓▄  ▄▓▓▀ ▄▓▌
     ███    ▐██▌      ███   ███▌      ███▌   ██████    ▐██▌   ▀▓▓▄ ▀▓▓▓▓▀ ▄▓▓▀
     ███    ▐██▌    ▄████  ▐███▌      ▐██▌   ███ ███▄  ▐██▌     ▀▓▓▄ ▀▀ ▄▓▓▀
     ███    ▐█████████▀▀   ▐███▌      ▐██▌   ███  ▀███ ▐██▌      ▓▓▓    ▓▓▓
     ███    ▐██▌   ▀███     ███▌      ███▌   ███    ██████▌   ▄▓▓▀ ▄▓▓▓▓▄ ▓▓▓▄
     ███    ▐██▌     ███    ▀███▄▄▄▄▄████    ███     ▀████▌  ▐▓▀ ▄▓▓▀  ▀▓▓▄ ▀▓▌
     ███    ▐██▌      ███     ▀▀██████▀▀     ███       ███▌    ▄▓▓▀      ▀▓▓▄
                  ▄▄▄█████▄▄▄▄
             ▄▄█▓▓▓▓▓█▀▀▀▀█▓▓▓▓▓█▄
           ▄▓▓▓█▀▀            ▀▀█▓▓█▄
         ▓▓▓█▀                    ▀▓▓█▄
       ▄▓▓▓▀                        ▀▓▓█
      ▄▓▓█                            █▓▓
      ▓▓▓                    ▄██▄     ▐▓▓█
     ▓▓▓                   ▄█▓▓▀       ▐▓▓▌
     ▓▓▓                 ▄█▓▓▀          ▓▓▓
     ▓▓▓       ▓▓▓▄    ▓▓▓▓▀            ▓▓▓
     ▓▓▓        ▀▓▓▓▄█▓▓▓▀             ▐▓▓▌
     ▀▓▓▓         ▀█▓▓█▀               █▓▓
      ▓▓▓▄                            ▓▓▓▌
       ▓▓▓█                         ▄█▓▓▀
        ▀▓▓█▄                     ▄▓▓▓█▀
          ▀▓▓▓█▄               ▄▄█▓▓█▀
            ▀▀█▓▓▓█▄▄▄▄▄▄▄▄▄▄█▓▓▓█▀
                ▀▀██▓▓▓▓▓▓▓███▀▀
Zer0Sum
Legendary
*
Offline Offline

Activity: 1588
Merit: 1000


View Profile
April 23, 2015, 06:08:19 PM
 #5

Which exchanges support shorting?

Is there a service that facilitates that sort of an arrangement between a holder and shorter?

Bitfinex and probably some Chinese exchanges.

I'm surprised a mainstream exchange hasn't set up a Stock Loan service...
They could just lend you coins from the Hot Wallet and charge large fees...
Instead these Rocket Scientists sell you "innovative" mining scams like Mintsy.
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
April 23, 2015, 06:15:25 PM
 #6

I can't find any indication of the coins that Bitfinex supports on their website.  Do they support any besides BTC?
hvezdasmrti
Sr. Member
****
Offline Offline

Activity: 797
Merit: 251


View Profile
April 23, 2015, 06:50:28 PM
 #7

Shorting shitcoins would be fine, just sell anything = profit. But it would kill any volume because nobody is so stupid to pump into shortly perma-sold coin. I often wished to sell overpumped coins shortly, but its not possible. Its not fair  Angry

In Pump and Dump we trust.
billotronic
Legendary
*
Offline Offline

Activity: 1610
Merit: 1000


Crackpot Idealist


View Profile
April 23, 2015, 07:56:37 PM
 #8

you can do btc and ltc futures at okcoin

This post sums up why all this bullshit is a scam
Read It. Hate It. Change the facts that it represents.
https://bitcointalk.org/index.php?topic=1606638.msg16139644#msg16139644
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!