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A comment on Autonomous corporation “The DAO” has become the biggest crowdfunded project. Parent comment

Re:Autonomous corporation “The DAO” has become the biggest c... by c2315261 on Monday May 16, 2016 @03:35PM (#11708975)
You're completly disregarding that timing is far more important than simply knowing that there will be a downward correction. The shorting fees will end up being consuming a large chunk of the profit even though you sold a hundred thousand ether coins at $11 and bought them back at $1.
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Re:Autonomous corporation “The DAO” has become the biggest c... by aianus on Monday May 16, 2016 @10:11PM (#11710956)
> The shorting fees

Costs about 16% APR to borrow ETH for shorting on Bitfinex right now. So if you're expecting a >=90% crash in the next ~5 years you'd still make a profit.

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Re:Autonomous corporation “The DAO” has become the biggest c... by drcode on Monday May 16, 2016 @03:40PM (#11709022)
That is a valid point.
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