@/GeertJohan, Great! Good to hear something from the devs.
Can someone think about adding short selling to NLG since the Dutch were the first one to use/invent short selling I'd like to see an option to short sell this coin... I believe the practice is an essential part of the price discovery mechanism so I highly encourage someone to think about it!
One, f*cking big question: WHY?
NLG is not going down. Buy them now while they are cheap... this isn't your average scam-pump-and-dump coin.
Plus, if you really want to short NLG... ask the market places, not us.
I did explain why.... and I don't want to! I have never said that but it seems you can't read so
"I believe the practice is an
essential part of the
price discovery mechanism"
That is not an explanation; that is your personal belief (and maybe parroting what other people told you). An explanation requires to explain what it does and HOW it helps the price discovery mechanism, backed by proof. Nothing of that was in your post.
You know what they say if you ain't Dutch you ain't much... Short selling is Dutch therefore...
Well since it's a controversial topic you will find that there are many opinions on it. If you google I'm sure you will find more than enough articles/research data on short selling.
Iosco (the international college of securities regulators) says: “Short selling plays an important role in capital markets for a variety of reasons, including more efficient price discovery, mitigating price bubbles, increasing market liquidity, facilitating hedging and other risk management activities.”
Sorry about the GLD mistake...