Some loser dumping 200,000 bts on bter at 4840 satoshi

[educatedwarrior]

Those are probably part of the 1 million BTS that were stolen from me being dumped.

[kokojie]

l m long on BTS(BTSX) l m a small time trader, whoever l ve talked about Bitshares somehow no one interested in due to recent changes(branding X,DNS lockup) l think ppl has lost the faith on BTS l myself bought nearly 4mil DNS at the price of 200 satoshi a piece on short time before this snaphot news came along and rest we all know they now worth nothing.and BTER is  promised to redeem BTS for DNS so far nothing happens they don't respond as well( l don t blame no one apart myself trusting Bter)

sill holding BTS(X) finger x

loosing BTC hurts, good luck everybody

BTER will redeem for you, but there's nothing to redeem yet, it's vested over a period of 2 years.

[neo1344]

l m long on BTS(BTSX) l m a small time trader, whoever l ve talked about Bitshares somehow no one interested in due to recent changes(branding X,DNS lockup) l think ppl has lost the faith on BTS l myself bought nearly 4mil DNS at the price of 200 satoshi a piece on short time before this snaphot news came along and rest we all know they now worth nothing.and BTER is  promised to redeem BTS for DNS so far nothing happens they don't respond as well( l don t blame no one apart myself trusting Bter)

sill holding BTS(X) finger x

loosing BTC hurts, good luck everybody

[Ander]

It is true that bter volume is minor compared to btc38.

However, it does have a small effect.  There are people who run arb bots between bter and btc38. 

When people sell a lot on bter, and the price gets too low there, arbitrageurs buy there and go sell on btc38.


(Its only a small factor probably. but its something).

[House]

Also note that a lot of people on bter are selling various altcoins and buying the BitBay IPO.  This adds some temporary sell pressure on BTS as well since that is one of the main things traded on bter. 

The BitBay IPO ends in a day so selling for that should end soon.

its not bter its bct38
9557727-24H VOL BTSX
1121146-24H VOL CNY

only about 50btc changing hands on bter

The OP was relating to BTER and the BitBay IPO was draining on most alts... I think that is where Ander was coming from BUT...
  HOLY COW MOTHER.... the volume on BTC38 is mind blowing! I would expect that most of the weaker hands have left the building and hopefully speculators have relinquished to hodlers. Raises some interesting hypotheses

[Gentso1]

Also note that a lot of people on bter are selling various altcoins and buying the BitBay IPO.  This adds some temporary sell pressure on BTS as well since that is one of the main things traded on bter. 

The BitBay IPO ends in a day so selling for that should end soon.

its not bter its bct38
9557727-24H VOL BTSX
1121146-24H VOL CNY

only about 50btc changing hands on bter

[Ander]

Also note that a lot of people on bter are selling various altcoins and buying the BitBay IPO.  This adds some temporary sell pressure on BTS as well since that is one of the main things traded on bter. 

The BitBay IPO ends in a day so selling for that should end soon.

[kokojie]

Nubits is putting up huge numbers of volume.

Holy hell they are....over $1,000,000. Meanwhile BitUSD, relegated to the 2nd page "assets" subsection on coinmarketcap, currently shows $3,250 volume with a price of $0.948128. Dafuq? Looks pretty bad.

Nubits has people running dedicated trade bots, they are hired and paid by the developer himself, to maintain the peg to USD. It's kinda gimmicky, but it does work for now, or at least until the ICO money runs out. They have a slight advantage since they are superfocused on the USD peg, and don't have to care about anything else, Nubits does currently offer a more accurate and liquid peg to the USD than BitUSD..

[carpet ride]

Nubits is putting up huge numbers of volume.

Holy hell they are....over $1,000,000. Meanwhile BitUSD, relegated to the 2nd page "assets" subsection on coinmarketcap, currently shows $3,250 volume with a price of $0.948128. Dafuq? Looks pretty bad.

I think alot of their volume is them trading to themselves.

Big volume numbers is just a cheap forum of marketing if you think about it.

Nubits total supply has not gone up much since its inception at (a possibly artificial) $2,000,000.  Its volume is a deceiving feature.


Sent from my iPhone using Tapatalk

[lil_jay890]

A cool 800g...

still that isnt a huge order for even semi liquid stocks

[luckybit]

200k isn't a big deal

Gonna quote your on that in 2 years  

If Bitshares peaks out with a 10 billion dollar market cap how much is 200k BTS?

[Gentso1]

Nubits is putting up huge numbers of volume.

Holy hell they are....over $1,000,000. Meanwhile BitUSD, relegated to the 2nd page "assets" subsection on coinmarketcap, currently shows $3,250 volume with a price of $0.948128. Dafuq? Looks pretty bad.

I think alot of their volume is them trading to themselves.

Big volume numbers is just a cheap forum of marketing if you think about it.

[nomoreheroes7]

Nubits is putting up huge numbers of volume.

Holy hell they are....over $1,000,000. Meanwhile BitUSD, relegated to the 2nd page "assets" subsection on coinmarketcap, currently shows $3,250 volume with a price of $0.948128. Dafuq? Looks pretty bad.

[Gentso1]

It should be expected.

Counterparty has been strong in the news of late and with the addition of smart contracts, its creating some buzz.

Ethereum gets a headline because it was their code that CP used.

Nubits is putting up huge numbers of volume.

bitpay is kinda a interesting unknown at this point but it has been getting attention.

Oh and then theirs bitcoin........lol

Its been a fun week. 

[hpenvy]

For the long term holders, this isn't even a hiccup.