Bitcoin Forum

https://i.imgur.com/sCCgEMz.jpg (http://www.decentracapital.com)
https://i.imgur.com/CCgwuDI.jpg (http://www.decentracapital.com)
https://i.imgur.com/Z0bVXW9.jpg (http://www.decentracapital.com)

You want to say that you created anti bitcoin? What when bitcoin grows, will your coin fall and vice versa? I do not understand how this will work on the stock exchanges, because nobody canceled the supply and demand.

We hold a short position in futures, swaps or options and tokenize this position. Every token is a small share in this position. But token holder doesn't need to actively manage this short position in derivatives, which is usually a headache. We do it for him.

Listen, do i get it right that this is some new cryptocurrency?   

Yes, this is a new cryptocurrency which allows to open short positions for bitcoin.

Hmm it’s something new :D How does it work?

Oh it’s simple!   BTC Short rate moves in the opposite direction to Bitcoin.

So when Bitcoin rate drops,  BTC Short price starts grows and it turns out that it’s possible to make profit on Bitcoin drop?

Yes, absolutely right :) As you can see, it’s simple.

What standard is this token based on?

I saw on some site that they were using NAV for pricing. What’s that? I’ve never heard about it.

NAV – Net asset value.

How will your ensure liquidity of your token?

What exchanges is it possible to buy BTC Short now and what exchanges is it planned to list it?   

This is not BTC someone trying to sell this crap by using this name of most loved coin. Soon you will see someone will come with long after this short. Always buy original coin if you want to buy BTC.

What options are you planning to add to your platform in the near future?   

How many BTC Short are there in circulation?

Dude, you don’t read the info on the project carefully when you get acquainted with it, am I right?  It’s clearly specified that BSHORT token is already traded on the following exchanges: Token.store, Forkdelta, LedgerDex.

Three exchanges aren’t enough to ensure needed liquidity for this token. In addition, they aren’t the largest ones. They should capture large exchanges.

They are planning to list their token on  Poloniex, Binance and other exchanges. 

More exact timing is unknown?

What a funny name of this token but so true dev will dump all his tokens on newcomers. It smell fishy no details who want to dump these tokens. It is better stay away from this project this business model is not looking healthy.

It’s planned to launch it this month.

A few big red flags regarding this project:

1. No team members
2. No actual data provided about how this token will achieve its goal. You can't make claims about having holdings that will back up this project without providing them. You promised you would put them on the website, they're not there.
3. There's no Ethereum smart contract for "BSHORT." I don't see it on Forkdelta, LedgerDEX or Token.Store. Its also not listed on the website.
4. The website is not secured. I have doubt it is actually associated with Chancellor Bennett of Decentra Capital. You would think he would be promoting this project on his social media, which he has not.
5. The graph on the website has the months named in Russian, where as Chancellor Bennett is from Southern California. The OP is also Russian and likely bought or hacked this account in 2017.
6. This is too poorly worded a comment for somebody who should be fluent in English (as the real Decentra Capital is based in the U.S.):


7. This thread employs a bump bot service.

In short (no pun intended), the legitimacy of this project is in serious doubt without some proper verification.

What token? Where? Can you prove that there is a token? I tried to find it on Forkdelta and it wasn't there. It apparently also doesn't have a Smart Contract, so I highly doubt it even exists. Feel free to prove me wrong.

Now watch as a flood of bump bots ignore these questions and continue to spam for this project...

Did some one just create bitcoin for midgets?  ???

I don’t get the idea of the project. Margin trading is developing actively in the crypto currency market. So it’s possible both to sell and buy Bitcoin and other crypto currencies. Or is this some unique method?   

Frankly speaking, I don’t get it, too. Of course, normal trading is still poorly developed, nevertheless, isn’t it easier than buying each token?

Don’t forget that you need to pay commission for every operation in case of margin trading. It’s always different on various exchanges and they aren’t that fair so far. It’s possible to save money on it here.

This is a scam project you are bumping. You could be tagged for helping to support a scam, though I doubt you'll care since your accounts are of so little value. Your opinion is completely disregarded.

It’s impressive that the token price increased 160% since May,7th to December, 7th, 2018. No doubts that this asset will grow rapidly while Bitcoin is dropping sharply. Where can one find the token chart? 

You can find the chart screenshot for this period on the site, it’s illustrative enough. 

Is Decentra Capital – Bitcoin Short developer? I haven’t heard anything about it, is there any info?   

Read above this is 101% pure scam so don't waste your time by looking into it again and again there are so many interesting ways to do this with comfort. I also would like to recommend stay away from them it is poor attempt to scam the people.

I wanted to buy Bitcoin to make profit. But now it’s needed to use technical analysis to forecast the price. But I’m not good at it! So I can’t even suppose when I should buy Bitcoin Short.

It’s still an appropriate moment to do it, it will be possible to make profit on the drop.

Any proofs?

I can see candlestick patterns on daily and weekly Bitcoin charts, they mean that growth correction ends. So that the rate will start dropping to a new low.

Ok, i’ll check the charts and look for patterns, thanks! 

Buying tokens via the site isn’t very convenient, but one can get used.     

Why can NAV be different from the market price? I mean, if there’s crucial difference, it’ll be hard to figure out whether it’s an appropriate moment to buy Bitcoin Short.

You can't buy it because it doesn't exist. The only thing that could possibly happen is you lose your Ethereum. Anybody who continues to bump this scam with idiotic questions will be reported for thread bumping/spam. In all likelihood your account will be banned.

Has anyone found smart contract of this token???

Hello
Here it is.

0x316e7d7f3d9584b276fb68028b74fcdbaec56481
Decimals: 18

Do not frighten people. The project is in development stage, this does not mean that it is a scam. How-to pages will be added to the site soon.

Hello, we have nothing to do with Chancellor Bennett. He might be working in some other Decentra Capital. Please provide more information about this company, that has the same name, we could not find it. We never claimed that we are from US.

I think, it will be a very promising project. so far, it is in the initial stage. but in the near future it has to get even better and better.

Sorry, our answers can be delayed. We are still looking for a good community manager. Here is our token on Forkdelta https://forkdelta.app/#!/trade/0x316e7d7f3d9584b276fb68028b74fcdbaec56481-ETH (https://forkdelta.app/#!/trade/0x316e7d7f3d9584b276fb68028b74fcdbaec56481-ETH)

upon reading your negative trust and checked what it is all about, i highly doubt that this project is authentic. even though you posted the contract address, there is no assurance that you will run legit here. also, your tagline is - bitcoin short rises if bitcoin falls. that's funny though. so once bitcoin is going up, your price is going down. god i hope, bitcoin is in the continuous upward trend.  ;D

There will always be bulls and bears on the market. Even on continuous upward trend intraday traders can use BSHORT. You can see different sentiments while using different timeframes.

The project team will conduct ICO and bounty company ? I would like to know which country the team is from ?

You couldn't find it? All you have to do is type "Decentra Capital" into Google and his LinkedIn is the first thing that comes up.

There's absolutely no reason to trust you.

You never addressed these points. Your project has:

1. No team members
2. No actual data provided about how this token will achieve its goal. You can't make claims about having holdings that will back up this project without providing them. You promised you would put them on the website, they're not there.

In short this project is extremely shady and I do not believe you are capable of carrying out your stated goal.

How can two completely different standards play a role in the bidding?If bitcoin is released on one platform and this token is on a smart contract-how do they interact?

Did you find any information except this LinkedIn account? No.


No, it seems that there is absolutely no reason to trust YOU. You tell people they would loose money if they connect Metamask to our site? Did you check it? Try with a 10 dollars Metamask account. If you loose anything more than ethereum comission and spread we'll reward you with USD100. If not- send us USD 100. )) -please apologize and delete your post!

Will be published. Exchanges doublecheck team members in the process of token listing anyway.


Please read Bitcoin Short prospectus on our site.

I don’t get it, too. It’s already possible to use technical analysis for crypto market. Chart monitoring and a wise trading strategy are very helpful, IMHO.   

You know, if you don’t want to make additional profit on bitcoin drop, no one makes you do it! But you shouldn’t mislead the others then. Trade as you wish, no one obliges you to do anything! 

I don't understand about Bitcoin Short. Will this project provide some token and go opposite side with BTC price? Please explain more. Thanks

What additional income are you talking about? Is it guaranteed that the rate of this asset will be right opposite to Bitcoin’s rate? Have you checked it yourself?

Yes, I have, otherwise I wouldn’t say anything. I made profit on several latest Bitcoin drops. The price always moves in the opposite direction in this case due to technology.   

If you can forecast that bitcoin price will always increase then you probably don't need BSHORT. About one year ago everybody hoped to see bitcoin at 20000-40000. Nobody could imagine 3000.
No matter long or short, you have to pay some small comission to enter position.

I did read it. You provide no solid evidence of anything that would possibly make your token work as described. You say its backed by this or that but don't provide any evidence of such. It's all based in faith that you won't screw over your customers, which is provided by your reputation, of which, without a publicly disclosed team and holdings, you have none.

There’s  TradingView’s technical analysis for Bitcoin on their site. I shouldn’t use it, it’s better to analyze the market on your own.   

What’s wrong with it? Does it show wrong information?

It’s all right, but it estimates only the indicators. Investor’s opinion is also important: sometimes, the indicators do not reflect the real situation in the market. 

I'm a bit confused, why do I need BSHORT while I can place a Short order by making it easier on the exchanges?

The ones who criticize the business model haven’t even tried to get acquainted with it. Study something carefully first and then draw your conclusions.   

Why is it possible to buy Bitcoin Short tokens only on the site? Isn’t it listed on the exchanges? The following issue is how to sell it.   

If these guys get Binance listing, I will rise in applause. But I have a feeling that it’ll be extremely hard for them.   

These guys certainly need listing on some cool exchanges in the near future, otherwise, the community will lose interest in the token. The competitors are wide awake as well.

Working on this.

We just started the project. It takes time to get listed. You can buy-sell on our site, on Forkdelta :https://forkdelta.app/#!/trade/0x316e7d7f3d9584b276fb68028b74fcdbaec56481-ETH (https://forkdelta.app/#!/trade/0x316e7d7f3d9584b276fb68028b74fcdbaec56481-ETH)
Add token on Ledgerdex with contract adress  0x316e7d7f3d9584b276fb68028b74fcdbaec56481, you can exchange BSHORT- DAI there.
Next listings will be announced.

Mr. Bitcoin Short explain me with your own words how does it work.

If I buy bitcoin short, what I have to do to make money? --> keep it short and simple.

Buy BSHORT, wait till bitcoin price goes down, then sell BSHORT for higher price.

So basically, you are telling us the token has a bearish bias and you're simply acting as a middleman, instead of us directly shorting through futures, SWAPs and options.

Are you tell us you make money on this by means of arbitrage? In sum, you believe the strong volatility will be the one which will generate you profits.

Lets say everyone buys bitcoin short and market goes down.

Now everyone wants to sell.

Who will buy at higher price if bitcoin goes down and everyone is selling?

---

What is price of 1 bitcoin short?

though their plan for this coin is not that complicated but there's no assurance about the value of this coin. you'll never know when will you sell your coins and if it will ever come. and yes, in case bitcoin goes down, who will gonna buy your bshort at higher price if people are not believing the future of your coin? so i would say, this will not gonna last long here. unless, the dev has very solid proof that this concept will work.

How to earn and get profit from BTCSHORT? otherwise I have no idea about that

In fact, the project has temporary prospects. The assets like Bitcoin Short which move in the opposite direction from Bitcoin will be relevant while the market is depressed. But not one will need it soon.   

Why??

Why? Srsly? Bitcoin price is dropping how and Bitcoin Short price is growing. The situation will change soon – the market will start growing. Look,  big investors are already buying bitcoun. The biggest wallets bought 150 000 BTC in 2 months.

Hah it’s obvious. But even in case of bull run, bitcoin won’t always only grow. Some corrections, even short-term, will take place anyway!   Then it’ll be possible to make profit on this tool.

Liquidity is our priority. There will be marketmakers in order books. You can buy and SELL token on our site. Not many companies buy their tokens back. You can find BSHORT price here: decentracapital.com (http://decentracapital.com) About 40 USD now

Yes, I agree. It will be an optimal way to use this asset in case of bull run.

Ok, let’s say, correction lasted for 30-60 minutes. Will Bitcoin Short manage to reflect this correction? When will it happen – during the correction or after its end? Well, there’re a lot of tech-related questions.   

I takes time for traders to get used to BSHORT. The best proof will be the price history. You can buy and SELL tokens on our site untill we see sufficient liquidity on exchanges.

Why do you only respond to the real people in this thread and not the bump bot service you employed?

More importantly, why did you buy a bump bot service? Its incredibly obvious what's going on.

https://bitcointalk.org/index.php?topic=5114958

All these accounts will soon be banned for coordinated spamming.

We appreciate any feedback, really. But stop spamming here with your negative attitude to everything. I will respond to you only after you do this:

Yes, you can put it this way

BSHORT will reflect short-time corrections on exchanges. We update NAV price on our site once a day.

You say on your site that you are working actively to increase liquidity of the token. It’s a wise step for a developing project. Nevertheless, there’s no detailed description. It feels like you don’t do it or you’re too lazy to provide investors with the info. Could you describe how u do it, please?   

Listings, contracts with market makers, overall promotion of the project.

Hope you appreciate the "feedback" you're paying for. How much does a bump bot service cost anyway?

Tell you what: you update your website with detailed information about your holdings and a public team and I'll stop calling you a scam. Until then, you're most definitely a scam.

Read my previous message to you.
Until then, you're most definitely a spam.

Really? Your answer to not having a public team or being able to verify the holdings you claim to have is to tell me to send you money? No thanks. I don't want your token.

By the way, you only update your token price once a day, so if the price of BTC swings more than 3% in between updates you're going to take losses by people buying or selling your token and capitalizing on the difference. But of course that could only happen if you always do everything you say you are going to do, and there's not a strong chance of that happening.

Is it guaranteed that my Metamask won’t be hacked after I buy your tokens? Is the connection safe?   

Look, the others buy BTCShort and there haven’t been any complaints yet. I don’t think that the security system has any bugs .

These users are both part of a bump bot service (https://bitcointalk.org/index.php?topic=5114958) where a project promoter pays to have his thread bumped by accounts pretending to ask questions about the project. This is not legitimate conversation. They both always comment on the same threads, feel free to examine for yourself.

Maybe I don’t understand something in your business plan, but it seems to me that if you want to shorten bitcoin or the entire cryptocurrency market, you can go to bitmax and trade with the leverage until you get tired.

So you will re-buy tokens at higher price and sell them at lower?  :o

You bump this topic more than anybody else. Thanks.

Yes there are some ways to short bitcoin. The idea is to provide the easiest one. On any exchange even decentralized ones. No margin call liquidations.

Why is your whitepaper or whatever you are calling it full of plagiarism?

https://drive.google.com/file/d/1mFuFwGqAkQUrF-BDFQ9FZMjpjTJGo-3n/view

https://www.sec.gov/rules/sro/nysearca/2017/34-82350.pdf

I won't even bother to check other parts.

Publish them.

Where can we find Decentra Capital LLC ?

I’ve been monitoring nutildah user activity in this thread for several days :) I don’t try to protect or blame anyone, but i’ve checked the user’s activity history – he discusses similar projects actively It feels like that he’s probably hired to cast dirt at the competitor.   

He’s right in many cases, haven’t you thought about it? As for discussion of similar projects, maybe, he just likes such projects, so what? 

My my what do we have here... Another bump bot I forgot to add to the list (https://bitcointalk.org/index.php?topic=5114958). Well you're on it now, congrats.

All zero merit accounts bumping this thread also leave mindless comments on the following projects, just like our friend boiudfg:

CoinMakers by ICO Brothers: cryptocurrency creation, forking (https://bitcointalk.org/index.php?topic=5086580.msg49239823#msg49239823)
🔥[ANN] Ura.Market — A New Format For Safe Investment🔥 (https://bitcointalk.org/index.php?topic=5088562.msg48873263#msg48873263)
[ANN][AIRDROP][ICO] FORTFC - UNIQUE CRYPTOLIQUIDITY AGGREGATOR (https://bitcointalk.org/index.php?topic=5036621.msg48872789#msg48872789)
 Sugi NFC Cryptocurrency Wallet Card now Worldwide AND at a Reduced Price]Sugi NFC Cryptocurrency Wallet Card now Worldwide AND at a Reduced Price (http://Re: [ANN)

Wonder if they are also scams. They should definitely be looked into.


Oh really? That's news to me. Can you please give me just one of your many examples I'm sure that you have?


Thanks for identifying yourself, added you too.

My question to you is, are you just one guy who happens to enjoy talking to themselves, or do you have a team of people with 6-10 counts between the each of you? 30+ accounts is an awful lot for just one person to manage.

Announce to everybody here.
We experience a coordinated attack from this users:

nutildah, - This guy is running around the forum and accuses everybody for cheating without any proof. He gives negative trust to people who just comment topics he doesn't like.
He ownes and promotes bicoin mixer on the darknet and describes himself as anonymous Bitcoin enthusiast. Very funny that he calls us a scam because we don't provide him with official details he needs. Show your face first than probably you'll have the right to demand anything from the others.
We officially offered him 100 USD reward if he can confirm his accusation. There's an easy way to check this:
He did not do this of course. Apologize? Confess mistakes? No, he doesn't know how it works.


marlboroza- promotes same kind of business as nutildah (chipmixer), this users are merited by each other and seem to work together. Maybe these usernames belong to one person, not sure.

Highly likely one of these users is the one who sends us fishing mails. We'll do further investigation on this matter and report their misbehaviour to forum administration.

Please ignore these users.

I told you, I don't want your token. I'm not giving you $10, because I don't trust you. That's why I didn't do that. You've provided no evidence of your holdings. You don't have a team, and your white paper is plagiarized. You're exhibiting all the symptoms of a low-level token scam.


You really should, I can't wait to see the outcome.

You don't do this even with 1 dollar, even with 100 dollar reward because you know you are wrong and can't your confirm this accusation.  And if you do a little check everybody will see that you are a liar and you'll have to confess. You don't want this of course.
I know this kind of people they would do anything not to confess that they probably have made some mistakes.
Everybody can make mistakes. Confess one you'll feel a big relief.

Concept looks nice, we will be willing to list your Token on Bitcratic.com - Decentralized Exchange for ERC20 tokens

Simply put: I don't trust your MetaMask connection to not steal my private keys. So I won't be connecting to it. Your software is not open-source so there's no real way of knowing what you are doing with your users' information when they connect to you via MetaMask.

Here's confirmation that your project is a sham. On Feb 28th, your token prices looked like this:

Buy           Sell
$41.00   $39.78

Today, they look like this:

Buy           Sell
$41.39   $39.76

The price of BTC decreased by -0.3% during this time.
Your Buy price increased by 1%, but your Sell price decreased by -0.05%!

YOUR SELL PRICE CHANGE SHOULD BE MIRRORING YOUR BUY PRICE CHANGE.

Instead of properly changing your Sell price, you simply increased your spread from 3% to 4%.

This puts to rest any doubt that you're a scam.

Spread can be changed in both directions depending on market conditions, so what. Keep following it. Spreads change in any pair on any exchange. Ok. Than Binance or Houbi are scams also. Your accusations become helpless. Don't like spread on our site- trade on exchanges. No problem at all.
Keep bumping this topic. Everybody sees who are you and what are you doing here anyway.
It'a good idea to publish price history on our site though. You see, we appreciate any feedback even from liars and spammers.

"We, from Decentra Capital are sorry to announce that our whitepaper is plagiarized and our token can't do what we said it can do"

In the meantime, can you tell us where we can find Decentra Capital LLC and your team members?

Who is asking?

We provide every needed information to partners or exchanges. But not to anonymous money laundering services and spammers.
And don't send us your fishing mails any more.
We'll publish information on our site whenever we think is appropriate.


Should we take a closer look at your topic here and start spamming if we don't find your team members there. What do you think?

Stop lying.

This is forum. Irrelevant who ask.

So:

Tell this your friend nutildah. Nobody can beat his record - 4 lies in one post! Here https://bitcointalk.org/index.php?topic=5087584.msg49925558#msg49925558

Did you read my last message? The answer is there

[/quote]

Some words from SEC/RULES ? SEC rules are the same for everybody. Ok, thank you for pointing to this, we should probably review the document. And we will do this. We appreciate any feedback as I've said before.
But I bet you'll find plagiarism in the next version too. There's a lot of financial operations and instruments definitions all over the document. It's almost impossible to express them in your own words and not to be accused with plagiarism.

Surely if your project is legitimate as you claim you'd have no problem disclosing the names of the people who run it. You would also publish any sort of evidence of your holdings, or at least give the name of an auditing team who could vouch for you.

 There is a time and place for everything.
And you'll see it sooner if you could delete all of your "SCAM"s and "Don't"s that you've posted about our project.
May be you've found some scams somewhere before but it doesn't mean you have the right to lie here and call a scam everybody around.

I am telling you to stop lying. You quoted my post and said "don't send us fishing links".

I can't find it so answer is obviously not there.

During token sale is Time and Place.

BSHORT token is listed on Bitcratic exchange.
https://www.bitcratic.com/#!/trade/BSHORT-ETH

BITCOIN SHORT [BSHORT] is listed at Livecoin.net Exchange (https://www.livecoin.net/en/news/view/301) and available for trading.

BSHORT/BTC: https://www.livecoin.net/en/trade/index?currencyPair=BSHORT%2FBTC
BSHORT/ETH: https://www.livecoin.net/en/trade/index?currencyPair=BSHORT%2FETH
BSHORT/USD: https://www.livecoin.net/en/trade/index?currencyPair=BSHORT%2FUSD

Livecoin are not scammers, so are we. The project is developing. Nutildah seems to be a paid troll or just an inadequate person. He just can't stop lying and trash-talking. We'll have to report him to admins.
Sorry everybody.