Can you short these coins against the USD?

Long-term these cryptos are probably solid, but for right now, they are due to a nasty correction. A good breakdown is probably a short, can you short them against fiat currency like USDs, EURs, JPYs? Shorting against another crypto currency to me is useless

 

I am also interested in the answer to this question.
If you don't find the answer on Elitetrader, you could try https://www.reddit.com/r/CryptoCurrency/ or other similar Reddit forums.

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yes, you can go short against coins in coin exchanges

 

You can on Kraken, or use a derivative exchange(Bitmex etc).

 

Call me old school... but I just don't trust these "exchanges". (admittedly I'm not well versed in this stuff).
But if the bottom falls out of this market.... will these exchanges continue to even exist?
Until it can be shorted at the likes of a Fidelity or TD.... I consider that a very dangerous game.

 

@vanzandt Well vandy, we all fall somewhere on the risk utility curve.

 

Yes, this is wild west capitalistm. That tetherUSD site is just begging to be shutdown by the big brother Uncle Sam so whatever one does here, got to be with small size and being very careful

 

I bought some NXT on an exchange called dgex.com. The owner sold shares in the exchange and then it shut down! If you buy crypto at an exchange then move it to the wallet on your PC so you avoid a MT Gox type scenario.

 

Yeah, owning this stuff on a private key seems hmmm key

 

Yeah absolutely. What I'm skeptical about are the vehicles that enable one to short. (when the time is right)