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The only problem is you don't know what the value of ETH will be 2-3 days in the future.
by toine_toine 8y ago
The only problem is you don't know what the value of ETH will be 2-3 days in the future.
- somebodythere 8y agoYou could hedge the value of ETH in fiat markets, or you could wait until Augur supports betting with Dai.
- theptip 8y agoHow would you hedge the value of ETH? I'm not aware of a way to short it.
- somebodythere 8y agoYou should be able to do it on BitMEX. Shorting CBOE Bitcoin futures could also get you part way there.
- MusaTheRedGuard 8y agoMultiple ways to short ETH, as mentioned by another user. Including on augur itself! See: https://augur-cfd.com https://augur-cfd.com
- theptip 8y agoSure... in theory. I'm skeptical that there is going to be anywhere near as much demand for 5x levered exposure to ETH as there is for shorting ETH.