What is ShortNXT?

Who is ShortNXT?

How do I ShortNXT?

Is ShortNXT bad for NXT?

ShortNXT, asset ID: 7297711024038530345

Hello all,Just thought I'd say a few words aboutShortNXT is an asset you can purchase on the NXT asset exchange that allows you to profit from a diminishing NXT exchange rate. In other words, if NXT gets cheaper, you get richer.I am in touch with the issuer and he wishes to remain generally anonymous for now. You can view his twitter here . I can vouch for this person's credibility and he will follow through with his payment obligations. If you are interested in how the calculations work, you can post here and he will respond directly.Just buy some ShortNXT assets. If the price of NXT goes down, your asset is worth more, and you can sell it directly on the exchange.Not really. If anything it should make people feel more comfortable here. If you feel NXT might take a hit in price, you can buy some ShortNXT and protect your wealth. Instruments such as ShortNXT will help to discover and quickly stabilize the price, which makes it easier for people to value and get involved in the NXT project.any other questions please just post below.thanks,-bm