🔥[ANN] Bitcoin short. The easiest way to short bitcoin🔥

[kader214]

The project is just useless! What sense does it make to spend money on commissions if you can forecast bitcoin price increase and make profit on it. And it’s even better to focus on long-term investments, they’re much more profitable. 

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! 

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.   

[Decentra Capital]

The project is just useless! What sense does it make to spend money on commissions if you can forecast bitcoin price increase and make profit on it. And it’s even better to focus on long-term investments, they’re much more profitable. 

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.

[nutildah]

1. No team members

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

2. No actual data provided about how this token will achieve its goal.

Please read Bitcoin Short prospectus on our site.

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.

[kocheg]

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.   

[as1027]

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?

[kocheg]

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. 

[tranduong123]

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

[seroja]

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.   

[baxte90]

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.   

[FDimarin]

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

[zarev21]

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.

[Decentra Capital]

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.

[Decentra Capital]

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.   

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
Add token on Ledgerdex with contract adress  0x316e7d7f3d9584b276fb68028b74fcdbaec56481, you can exchange BSHORT- DAI there.
Next listings will be announced.

[marlboroza]

Funds assets are invested in derivatives, mostly on CME and CBOE. The underlying asset for these
derivatives is Bitcoin. A part of the fund’s assets can be invested in derivatives traded on crypto
exchanges (the actual list of this exchanges is published on our internet site). The funds are invested to
insure the result that corresponds to the inverse performance of bitcoin. The fund issues BSHORT tokens.
These tokens are backed by all the assets of the fund and are traded on crypto exchanges. The assets
which the fund receives from the tokens sold are invested according to principal investing strategies
(which are explained below).

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.

[Decentra Capital]

Funds assets are invested in derivatives, mostly on CME and CBOE. The underlying asset for these
derivatives is Bitcoin. A part of the fund’s assets can be invested in derivatives traded on crypto
exchanges (the actual list of this exchanges is published on our internet site). The funds are invested to
insure the result that corresponds to the inverse performance of bitcoin. The fund issues BSHORT tokens.
These tokens are backed by all the assets of the fund and are traded on crypto exchanges. The assets
which the fund receives from the tokens sold are invested according to principal investing strategies
(which are explained below).

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.

[bustedsynx]

Every BSHORT token is backed by bitcoin derivatives- futures, SWAPs, options. Net asset value (NAV) for BSHORT is calculated using the same model as ETF funds use. It is published on our site every day. NAV= net assets / quantity of tokens on the market.

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.

[marlboroza]

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

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?

[CaVO32]

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

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?

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.

[ghdeveloper]

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

[bimo25]

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.