Post
Topic
Board Announcements (Altcoins)
Merits 19 from 6 users
Re: 🔥[ANN] Bitcoin short. The easiest way to short bitcoin🔥
by
nutildah
on 05/01/2019, 09:48:08 UTC
⭐ Merited by suchmoon (7) ,S_Therapist (5) ,LoyceV (3) ,xandry (2) ,ETFbitcoin (1) ,marlboroza (1)
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.):

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.

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.