Re: [ANN] Crypto Market Short Coin - Gain when the Crypto Market drops
by
coinmarketshortcoin
on 22/04/2018, 15:35:17 UTC
CMSC weekly updated (week #16.2018):
Due to recovery of the Crypto Marketcap (396.663.630.366$ on 22.04.) the total supply has been adjusted to 88951175 CMSC. This is the first increase since the start of CMSC, early investors still with huge gains.
Since many experts predict the Crypto Marketcap to continue its drop we expect further value increases for CMSC. Exchange listing soon!
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BoardAnnouncements (Altcoins)
Re: [ANN] Crypto Market Short Coin - Gain when the Crypto Market drops
Hope you'll go far. What is the min contribution for ico ?
There is no min contribution. During ICO you can buy CMSC tokens on our website and immediately start betting. Exchange listing is targeted for the end of the month.
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BoardAnnouncements (Altcoins)
Re: [ANN] Crypto Market Short Coin - Gain when the Crypto Market drops
Introduction - What is CMSC? The aim of the Crypto Market Short Coin (CMSC) is to give investors an opportunity to bet against the Crypto market and to secure the gains made in the past during a dip or crash. Investors can bet actively against other coins or bet on a further drop of the Crypto market.
[b]Proof of Ownership[/b] Twitter Username: Twitter Profile (Link): Facebook Username: Facebook Profile (Link): Bonus Task A bitcointalk username (optional): Bonus Task B Bet ID (optional):
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BoardAnnouncements (Altcoins)
Re: [ANN] Crypto Market Short Coin - Gain when the Crypto Market drops
by
coinmarketshortcoin
on 06/04/2018, 18:31:45 UTC
Crypto Market Short Coin weekly update (week #14.2018):
- Due to the ongoing drop in the Crypto Market Cap we have burned another 12757504 CMSC, which is equivalent to another ~17% value increase for early investors - New total supply: 63380677 CMSC, which means that the supply has been shortened for almost 40% since the start of CMSC - Bet of the week: 0xa76553d640d017e094735fa759137a26aa1707df, who gained +27.03% with a bet against Cardano.
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BoardAltcoin Discussion
Re: Do you actually understand Ethereum?
by
coinmarketshortcoin
on 26/03/2018, 20:50:11 UTC
Great article! I think that most people don't spend any research on the coins they invest into. But also we have to see that understanding all the details is quite hard for people without any technical background! Crypto needs to find a way to explain itself better for the general public.
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BoardAltcoin Discussion
Re: Best Current Airdrop List MARCH 2018 UPDATE 23/03/2018
by
coinmarketshortcoin
on 26/03/2018, 19:50:52 UTC
Can you elaborate why you chose those Airdrops and how you rated them? Thanks
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BoardAnnouncements (Altcoins)
Re: [ANN] Crypto Market Short Coin - Gain when the Crypto Market drops
by
coinmarketshortcoin
on 22/03/2018, 22:21:30 UTC
Crypto Market Short Coin weekly update (week #12.2018):
- We've added Cardano (ADA) to the list of coins that you can bet against - First bets against ADA have already been placed - Congratulations to "0xffaB154E92600b408C1e30160c72BE8c9a6c3aB3" for the most successful Short Investment so far (gained +44.39% with a bet against Bitcoin Gold!)
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BoardAnnouncements (Altcoins)
Re: [ANN] Crypto Market Short Coin - Shorting options against the Crypto Market
by
coinmarketshortcoin
on 14/03/2018, 22:17:30 UTC
We announce the activation of the dynamic supply mechanism based on the current Crypto Marketcap. From now on the CMSC supply will be updated regularly equivalent to the change of the overall Crypto Marketcap.
Because of the current drop in all Crypto prices 23.861.820 CMSC have been burned! This is equivalent to an ~25% value increase for all early investors and bounty takers. CONGRATULATIONS!
Let's say that I believe the whole Cryptocurrency Marketcap is going to drop from ~450bn to max 200bn in the end of the year. How can I actually bet against the Crypto market?
I know there might be Future contracts on some coins, but the I'd like to bet against the whole market! Any hints?
Crypto Market Short Coin is (to our knowledge) the only product that allows investing against the overall Crypto Market.
I don't know about any reliable way to short the whole cryptocurrency market. However, Crypto Market Short Coin has drawn my attention. Could you elaborate about how the price of token is derived? I understand that you can always buy CMSC at a market maker price, but still price will depend on supply and demand on secondary market. Therefore price of the token might fall even if the whole crypto market goes down the red numbers.
Actually the secondary market is an important aspect of the idea. Nowadays during consolidation phases all the money being pulled out of the Crypto market will be put into FIAT or USDTether (happening right now, while pretty much all coins are in red numbers). Crypto Market Short Coin aims to establish an alternative to that. The CMSC SmartContract automatically burns a percentage of CMSC supply equivalent to the marketcap drop of the Crypto market, shortening the supply. If at the same time only 0.1% of the money being taken out of other coins during consolidation goes into CMSC and strengthen the demand ... well, you can do the math!
Thanks for the answer, it makes sense. I still wonder how proportional supply adjustment mechanism will work in terms of price changes. To put it simply - if the decrease in crypto marketcap for 10% is not offset by 10% price soar in CMSC, then the mechanism might appear in long term disequilibrium.
However, I am a fan of the idea .. I will quite surely become one of the early traders of CMSC
Thank you for your support, damberg!
Of course we cannot guarantee, that a crypto marketcap decrease of 10% will increase the CMSC price on the secondary market by exactly 10.000%. But we are very optimistic that we will see a pretty close correlation between marketcap decrease & price increase! We'll prove that once we hit the exchanges, targeted for April!
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BoardAltcoin Discussion
Re: What ALTCOIN would you go ALL IN on?
by
coinmarketshortcoin
on 07/03/2018, 22:00:25 UTC
All in is a no-go for pretty much everything, not only in coins! Spread your risks, even if you are more than 100% convinced of the project. Too much can happen, even if it's not the project's fault (hacks, uninfluenceable circumstances ...).
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BoardAltcoin Discussion
Re: BİNANCE HACK? I GUESS
by
coinmarketshortcoin
on 07/03/2018, 17:47:08 UTC
Binance hack is the worst case scenario for Crypto! Massive bloodbath happening right now ...
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BoardMeta
Re: Change username?
by
coinmarketshortcoin
on 07/03/2018, 12:36:17 UTC
So, was anyone able to successfully change his username?
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BoardAltcoin Discussion
Re: Mindset and personal expirience, how important is it in crypto?
by
coinmarketshortcoin
on 07/03/2018, 12:13:54 UTC
It's a combination of both. But also very important: Having the time to gather information, analyse, read through the news, charts etc. That's a pretty big issue for people having full time jobs and other time consuming commitments.
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BoardAnnouncements (Altcoins)
Re: LiteCoinX
by
coinmarketshortcoin
on 07/03/2018, 11:55:49 UTC
Just one question: Why?
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BoardEconomics
Topic OP
Connections Crypto Market <-> Stock Market
by
coinmarketshortcoin
on 07/03/2018, 11:30:41 UTC
In the last two months we've seen a few bigger ups and downs in both the Crypto- and the Stock market. Sometimes the drops were happening simultaneously.
What do you think, how strong are the ties beweet those two markets? Are there e.g. people taking money out of the Stock market while it drops and putting it into Cryptos or vice versa?
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BoardAltcoin Discussion
Re: The Future Of Litecoin 2018
by
coinmarketshortcoin
on 07/03/2018, 11:23:44 UTC
We believe there's no place for Litecoin in the top 5. Just a copy, x4, no innovations! Will be overtaken by e.g. NEO soon!
It was actually one of the first coins we added to the Crypto Market Short Coin Bet system (www.cryptomarketshortcoin.com)