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Offline PeterLynch

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Longtime Investor - I am out
« on: October 24, 2014, 07:51:20 PM »

I've posted on this forum under a pseudonym before.  I feel it is necessary to share my opinion with others regarding the recent events.

I've been a longtime investor and believer in Bitshares.  I was following I3 before Protoshares was released.  I stayed up late and mined PTS from day one.  I bought AGS and BTSX.  I too wanted to see BTSX succeed.

Throughout the past couple of months, I've seen things which have made me uneasy about I3 and their intentions towards investors, but I kept quiet, hoping I was wrong.  It's become abundantly clear with their recent decision that I3 is only looking out for their own interests at the expense of their investors/supporters.  This is unfortunate.  I believed their word and took the social contract at face value.  I thought they were honest and trustworthy and under this logic advised others to invest in BTSX.  I cannot sit by any longer and support what I believe is simply a long con on investors.

To this end, I have accumulated a large position in PTS/AGS/BTSX which I will be liquidating.  I will attempt to do this slowly as to not erode my wealth and others.  I wish this community all the best and I do hope you are successful in your goals.  I initially got interested in Bitshares because I thought it was going to be the next Bitcoin.  I do not believe this anymore.  I have studied crypto extensively and come to the conclusion that NXT has the biggest chance of becoming the next Bitcoin.  This is where I will be allocating my capital.

Peter
« Last Edit: October 24, 2014, 07:54:18 PM by PeterLynch »

Offline feedthemcake

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Re: Longtime Investor - I am out
« Reply #1 on: October 24, 2014, 07:55:09 PM »
lol

Offline onceuponatime

Re: Longtime Investor - I am out
« Reply #2 on: October 24, 2014, 07:55:50 PM »
I've posted on this forum under a pseudonym before.  I feel it is necessary to share my opinion with others regarding the recent events.

I've been a longtime investor and believer in Bitshares.  I was following I3 before Protoshares was released.  I stayed up late and mined PTS from day one.  I bought AGS and BTSX.  I too wanted to see BTSX succeed.

Throughout the past couple of months, I've seen things which have made me uneasy about I3 and their intentions towards investors, but I kept quiet, hoping I was wrong.  It's become abundantly clear with their recent decision that I3 is only looking out for their own interests at the expense of their investors/supporters.  This is unfortunate.  I believed their word and took the social contract at face value.  I thought they were honest and trustworthy and under this logic advised others to invest in BTSX.  I cannot sit by any longer and support what I believe is simply a long con on investors.

To this end, I have accumulated a large position in PTS/AGS/BTSX which I will be liquidating.  I will attempt to do this slowly as to not erode my wealth and others.  I wish this community all the best and I do hope you are successful in your goals.  I initially got interested in Bitshares because I thought it was going to be the next Bitcoin.  I do not believe this anymore.  I have studied crypto extensively and come to the conclusion that NXT has the biggest chance of becoming the next Bitcoin.  This is where I will be allocating my capital.

Peter

Yeah, right.  lol

Offline nomoreheroes7

Re: Longtime Investor - I am out
« Reply #3 on: October 24, 2014, 07:56:50 PM »
Lol this thread is gold.

You can come out now jl777...it's safe, I promise.
« Last Edit: October 24, 2014, 08:12:40 PM by nomoreheroes7 »

Offline emski

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Re: Longtime Investor - I am out
« Reply #4 on: October 24, 2014, 07:58:22 PM »
Are you this guy: http://en.wikipedia.org/wiki/Peter_Lynch ?
This could be as well manipulation from anyone wishing to cloud the horizon for Bitshares.

Offline feedthemcake

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Re: Longtime Investor - I am out
« Reply #5 on: October 24, 2014, 07:58:56 PM »
Also since you're "out", what was your other pseudonym and are you expecting us to believe you are this Peter Lynch?

http://en.wikipedia.org/wiki/Peter_Lynch

Offline oco101

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Re: Longtime Investor - I am out
« Reply #6 on: October 24, 2014, 07:58:59 PM »
Good luck Peter, and thank you for being a long time supporter.

Offline PeterLynch

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Re: Longtime Investor - I am out
« Reply #7 on: October 24, 2014, 07:59:12 PM »
lol

Yeah, right.  lol

It is partially this mindset that helped me form my decision.  Please, think for yourselves.

I sincerely do wish everyone here the best.

Offline luckybit

Re: Longtime Investor - I am out
« Reply #8 on: October 24, 2014, 07:59:27 PM »
Nice attempt to affect the market Why would you have to post under a pseudonym if you're a long term supporter?

Dump if you want. We've got BitUSD, BitGLD, and it all works.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Pheonike

Re: Longtime Investor - I am out
« Reply #9 on: October 24, 2014, 07:59:27 PM »
Sorry that flexibility and being adaptive and transparency are not things that you value.

Offline carpet ride

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Re: Longtime Investor - I am out
« Reply #10 on: October 24, 2014, 07:59:57 PM »
All opinions are my own. Anything said on this forum does not constitute an intent to create a legal obligation between myself and anyone else.
Check out my blog: http://CertainAssets.com
Buy the ticket, take the ride.

Offline yellowecho

Re: Longtime Investor - I am out
« Reply #11 on: October 24, 2014, 08:00:05 PM »
Sorry to see you go but wish you the best too!
696c6f766562726f776e696573

Offline Empirical1.1

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Re: Longtime Investor - I am out
« Reply #12 on: October 24, 2014, 08:02:08 PM »
Lol  :) Nice try, especially the NXT plug   :P

The developers are super honest. DNS was super illiquid and they own a lot of PTS, it would have been super easy to adjust the prices of the pieces before the merger allocation. The market move showed me there is no insider trading at all here, in fact they've gone out of their way to help the DNS guys that lost in the announcement. Also in all the parts of the deal, the key talent is the one taking a hit. In terms of honesty and integrity, a better team, there is none imo.

Offline sschechter

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Re: Longtime Investor - I am out
« Reply #13 on: October 24, 2014, 08:04:27 PM »
You do realize that people think you're a joke because this is your first post under this account.  If you don't actually disclose your pseudonym, then why would anyone around here think you were anything but a NXT shill.  You could be making a genuine post, but its a genuine post disguised as dog poo.
BTSX: sschechter
PTS: PvBUyPrDRkJLVXZfvWjdudRtQgv1Fcy5Qe

Offline toast

Re: Longtime Investor - I am out
« Reply #14 on: October 24, 2014, 08:05:28 PM »
If you'd like to provide proof that you're PL I can facilitate it without alerting the entire world of your involvement in BTS.

The NXT plug made me laugh by the way
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

 

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