Author

Topic: How do i short NMC? (Read 842 times)

hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
January 03, 2014, 06:39:52 AM
#8
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...
legendary
Activity: 2912
Merit: 1060
December 26, 2013, 05:11:36 AM
#7
Wish I could short dogecoin
hero member
Activity: 826
Merit: 1000
December 24, 2013, 11:17:15 AM
#6
The title says it all.


https://bitcointalksearch.org/topic/m.4121685 is the only way that I know of for shorting altcoins
full member
Activity: 236
Merit: 100
December 23, 2013, 11:35:14 PM
#5
[

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... Smiley


[/quote]

We'll then I agree with Jonanon, not possible yet.  Maybe someday Smiley
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
December 23, 2013, 10:33:29 PM
#4
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. Smiley

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... Smiley

full member
Activity: 154
Merit: 100
December 23, 2013, 09:24:10 PM
#3
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.
full member
Activity: 236
Merit: 100
December 23, 2013, 08:40:59 PM
#2
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. Smiley
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
December 14, 2013, 07:03:09 AM
#1
The title says it all.
Jump to: