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RE: Steem - Thecoinrepublic.com couldn't have gotten more things wrong about Steemit/Steem if they tried!

in #steem4 years ago (edited)

Did the price pump of STEEM from the other day upset some waters, that they felt it was time for some FUD, however absurd it is to someone informed?

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Interesting thought, perhaps there is a way to short steem that I am not aware of? If so, that would make a lot of sense...

Yes, there should be. The problem is if you trust the respective sites. I for one won't even mention the name of the site where I saw it.

Saw what, that ability to short steem?

STEEMBTC pair, leverage trading. The site where I saw it is a scam though.

I see, so not an applicable one... I would assume some hedge funds out there have the ability to short altcoins, which is probably a part of the reason they have all crashed so much. With no cash flows, dividends, or legitimate products in some cases, shorting altcoins seems like a way to print money.

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