superresistant
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Activity: 2156
Merit: 1131
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May 27, 2016, 08:52:39 AM |
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Much better option to simply not buy the ico and watch for dump.
No you're wrong. The best bet if you believe it's going down is to borrow tokens to short it. Making a profit is always better than no profit. There is nothing to argue. Your answer says it all, Waves is probably going to dump hard.
So put your money where your mouth is and take the bet. Words are worthless. You both sound like the Oligarchs who made money on scams the same way the OP is here is causing speculation.
The is no scam and no oligarchy. Only a great deal if you believe it will go down. Take it or leave it. |
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NeuroticFish
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Activity: 3864
Merit: 6594
Looking for campaign manager? Contact icopress!
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May 27, 2016, 08:58:55 AM |
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I hear lots of people speculating for a bearish move in WAVES. Challenge accepted. I am lending my WAVES tokens.
If you are so sure it will go down, then borrow my WAVES, sell them in an exchange, buy back at a lower price, pay your debt to me, and since in this scenario you will be buying the same amount of WAVES at a lower price, you will make a profit. That is the operational definition of short selling, indeed. So I am giving you the chance to go short on WAVES.
Amount: 10 BTC worth of WAVES
Application fee: 0.5 BTC payable upfront
Term: June 2, 2016, 00:00 (UTC)
Interest: 0
You will need to arrange all the escrow stuff and pay the applicable fees yourself. I hold the right to refuse your application.
WAVES will go down? You be sure? Take the challenge, then. You still have more than 5 whole days to think.
Very interesting bet, and even more interesting way to advertise WAVES and the fact that you believe in that project. Unfortunately for you, this means that you'll get less WAVES for your money, since I'd say that you will only convince more people to participate to the ICO. |
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JollyTrades (OP)
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May 27, 2016, 09:14:29 AM |
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this is actually an opportunity for someone who are good at shorting and buying at a certain low price. for those who have brave souls, the dumping will happen within 24 hours and thats just about enough for you.
maybe you can share this bet in the lisk thread so it attract potential takers. lot of users from lisk did it so they might as well grab this opportunity.
Great idea, thanks! |
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coinsocieties
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May 27, 2016, 10:52:29 AM |
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If no one bet for this so far, I would like to try with my bet of -10.5 BTC inclucing the application fee.
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JollyTrades (OP)
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May 27, 2016, 11:12:31 AM |
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If no one bet for this so far, I would like to try with my bet of -10.5 BTC inclucing the application fee.
OK. So now you will need to specify a stop-loss price at which you will be forced to buy back WAVES. Then, you will need to find an escrow, deposit him or her the amount of the collateral you need based on your stop-loss price, after which I will deposit the escrow's WAVES ICO account 10 BTC, after which you will send me 0.5 BTC. The escrow should withdraw his or her WAVES from the ICO account to a reliable exchange, and give API access to you. You will be trading through the API, with the condition that the escrow is going to dismiss your API access, cancel all your orders, and buy WAVES tokens with the balance in case your stop-loss is hit, so that there will be enough WAVES in the account to pay your debt. I should be informed beforehand about the exchange on which the trading take place. I have the right to cancel the bet if I don't like the proposed exchange, in which case everyone gets their money back. |
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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May 27, 2016, 12:49:26 PM |
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If no one bet for this so far, I would like to try with my bet of -10.5 BTC inclucing the application fee.
OK. So now you will need to specify a stop-loss price at which you will be forced to buy back WAVES. Then, you will need to find an escrow, deposit him or her the amount of the collateral you need based on your stop-loss price, after which I will deposit the escrow's WAVES ICO account 10 BTC, after which you will send me 0.5 BTC. The escrow should withdraw his or her WAVES from the ICO account to a reliable exchange, and give API access to you. You will be trading through the API, with the condition that the escrow is going to dismiss your API access, cancel all your orders, and buy WAVES tokens with the balance in case your stop-loss is hit, so that there will be enough WAVES in the account to pay your debt. I should be informed beforehand about the exchange on which the trading take place. I have the right to cancel the bet if I don't like the proposed exchange, in which case everyone gets their money back. Sounds like you found a taker... |
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JollyTrades (OP)
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May 27, 2016, 02:43:41 PM |
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Sounds like you found a taker...
I thought there would be no taker at all. Now there are two of them, one of whom contacted me via PM. Whoever could come up with the escrow and the other details arranged, he or she will take the ask. Best, Jian |
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IOTUSA
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May 27, 2016, 02:52:01 PM |
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Sure, I would absolutely like to take a bet that Waves is the first Crypto-ICO in history where the asset drops below ICO value on first day trading.  |
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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May 27, 2016, 03:01:52 PM |
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Sounds like you found a taker...
I thought there would be no taker at all. Now there are two of them, one of whom contacted me via PM. Whoever could come up with the escrow and the other details arranged, he or she will take the ask. Best, Jian Well, congratulations! This'll be an interesting experiment: a pure OTC short. |
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JollyTrades (OP)
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May 27, 2016, 03:14:41 PM |
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Sure, I would absolutely like to take a bet that Waves is the first Crypto-ICO in history where the asset drops below ICO value on first day trading. OK. So now you will need to specify a stop-loss price at which you will be forced to buy back WAVES. Then, you will need to find an escrow, deposit him or her the amount of the collateral you need based on your stop-loss price, after which I will deposit the escrow's WAVES ICO account 10 BTC, after which you will send me 0.5 BTC.
The escrow should withdraw his or her WAVES from the ICO account to a reliable exchange, and give API access to you. You will be trading through the API, with the condition that the escrow is going to dismiss your API access, cancel all your orders, and buy WAVES tokens with the balance in case your stop-loss is hit, so that there will be enough WAVES in the account to pay your debt.
I should be informed beforehand about the exchange on which the trading take place. I have the right to cancel the bet if I don't like the proposed exchange, in which case everyone gets their money back.
So, with you included, there are three candidates for the ask. As I said, whoever comes up with the escrow and the details, he or she takes it. Best, Jian |
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JollyTrades (OP)
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May 27, 2016, 04:26:29 PM
Last edit: May 27, 2016, 06:22:34 PM by JollyTrades |
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Please inform me about your selected escrow first so that I can make a due diligence and approve, after which we may let the party begin. If the escrows of more than one candidate are simultaneously in due diligence, I will choose the one I desire regardless of who sent me the escrow's name first.
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lordlucan
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May 29, 2016, 01:33:53 AM |
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I have noticed this is not the first time I saw an offer like this in the last few days.With people loaning out to short and a certain Ddos attack I still think it could jump 5x on the open.
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lordlucan
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May 29, 2016, 01:38:20 AM |
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Mycelium could be the tricky one as its coins are denominated in USD not BTC I am led to believe
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Bimmerhead
Legendary
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Activity: 1291
Merit: 1000
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May 29, 2016, 01:43:01 AM |
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I have noticed this is not the first time I saw an offer like this in the last few days.With people loaning out to short and a certain Ddos attack I still think it could jump 5x on the open.
What I don't understand is why a coin would jump on the open when anyone can buy as much as they want now at 1/5 the cost. |
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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May 29, 2016, 05:15:03 PM |
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I have noticed this is not the first time I saw an offer like this in the last few days.With people loaning out to short and a certain Ddos attack I still think it could jump 5x on the open.
What I don't understand is why a coin would jump on the open when anyone can buy as much as they want now at 1/5 the cost. Odd, isn't it? And yet, it does happen from time to time. FOMO, maybe. |
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JollyTrades (OP)
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June 01, 2016, 01:10:39 PM |
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So all in all no one got the courage to short Waves. That's a good thing. It now reassures our belief, eh?
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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June 01, 2016, 04:14:28 PM |
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So all in all no one got the courage to short Waves. That's a good thing. It now reassures our belief, eh?
So no-one took you up on it, eh? |
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JollyTrades (OP)
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June 01, 2016, 04:40:44 PM |
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So all in all no one got the courage to short Waves. That's a good thing. It now reassures our belief, eh?
So no-one took you up on it, eh? Nope. It seems no one is genuinely bearish  |
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Nxtblg
Legendary
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Activity: 924
Merit: 1000
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June 01, 2016, 05:52:29 PM |
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So all in all no one got the courage to short Waves. That's a good thing. It now reassures our belief, eh?
So no-one took you up on it, eh? Nope. It seems no one is genuinely bearish 'Nuff said.  |
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JasonXG
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June 01, 2016, 11:15:50 PM |
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this is actually an opportunity for someone who are good at shorting and buying at a certain low price. for those who have brave souls, the dumping will happen within 24 hours and thats just about enough for you.
maybe you can share this bet in the lisk thread so it attract potential takers. lot of users from lisk did it so they might as well grab this opportunity.
I asked for help in another post for the same reason. I feel this may be an opportunity but I have no idea about new coins or ICO and pack most of the knowledge so aquire this coin. I know sometimes you must invest and first investors but how else can get waves ? Thank you so much |
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