Why I am afraid that the price of BTS is rising

[karnal]

It just doesn't make sense that it has to be either one of those two options. Of course, I might be wrong and that could happen. In crypto everything can happen, but it just isn't something I would ever base my predictions on.

Agreed +5%

[karnal]

If it takes off, it will necessarily have to have a market cap >$200mil.

I believe we need, once the client & the new ideas/changes are implemented and stabilized, to go full throttle on having BitAssets accepted as means of payment in as many areas as possible.

The other side of the coin is having easier ways for people to jump onboard. Do we have any USD/BitUSD onramps ? CNY/BitCNY ? (only bter?) Where you just make a bank transfer and voila.

Is it possible now to buy BitAssets or BTS with a credit card?

Normal users won't be (and shouldn't be required to) jump through bitcoin to reach us.


The concept looks solid, we just need to make it real easy for everyday users to use the system, and advertise this alternative.
Stuff like that infographic that surfaced some days ago is exactly the stuff we need.

[canucklehead]

Wtf is wrong with people here... You bitch when price falls and you bitch when price rises. You bitch when there's a new release and you bitch about the current release.

Bunch of angry bitches

+5%

[Akado]

Do you guys forget that at some point a month after Bitshares released was at c$0.05 or 0.00009BTC or c$90 mil market cap?

At this point I think there are 2 scenarios:

BTS will either be worthing zero and this move is just a pump before the massive dump

or

BTS market cap will reach min $200 mil and will compete once again head to head with ripple and then moon..

With all the progress that Bitshares have done over the last year the 2nd scenario seems more probable to me. I mean we were at c$90 mil market cap just because the GUI was partially working..

So I suggest you guys keep cool now. Anyone dumping now will regret it..just my 2bts..

or maybe just none of those and things will proceed normally.

Was happend to "think bigger"?

I think BitShares will grow eventually, I just don't agree with the fact that whatever happens next needs to be one of those points, it doesn't need to be extreme. Of course I would like to see it grow to 200mil but that just doesn't sound realistic. Imo, if the announcement thing goes well and people are satisfied, we might have a rise in price, which will eventually correct a bit like usual and then we will proceed.

It just doesn't make sense that it has to be either one of those two options. Of course, I might be wrong and that could happen. In crypto everything can happen, but it just isn't something I would ever base my predictions on.

[mf-tzo]

or maybe just none of those and things will proceed normally

Normal for me would be to be Bitshares @ +$200 mil market cap a year ago and stabilize at that level and we take it from there..

Bithsares falling like it felt the last year is the abnormal..

And I am trying not to much exaggerate here because what I truly believe and will always believe is that this babe should be worth more than bitcoin market cap or at least very close..

[xeroc]

Do you guys forget that at some point a month after Bitshares released was at c$0.05 or 0.00009BTC or c$90 mil market cap?

At this point I think there are 2 scenarios:

BTS will either be worthing zero and this move is just a pump before the massive dump

or

BTS market cap will reach min $200 mil and will compete once again head to head with ripple and then moon..

With all the progress that Bitshares have done over the last year the 2nd scenario seems more probable to me. I mean we were at c$90 mil market cap just because the GUI was partially working..

So I suggest you guys keep cool now. Anyone dumping now will regret it..just my 2bts..

or maybe just none of those and things will proceed normally.

Was happend to "think bigger"?

[Akado]

Do you guys forget that at some point a month after Bitshares released was at c$0.05 or 0.00009BTC or c$90 mil market cap?

At this point I think there are 2 scenarios:

BTS will either be worthing zero and this move is just a pump before the massive dump

or

BTS market cap will reach min $200 mil and will compete once again head to head with ripple and then moon..

With all the progress that Bitshares have done over the last year the 2nd scenario seems more probable to me. I mean we were at c$90 mil market cap just because the GUI was partially working..

So I suggest you guys keep cool now. Anyone dumping now will regret it..just my 2bts..

or maybe just none of those and things will proceed normally.

[mf-tzo]

Do you guys forget that at some point a month after Bitshares released was at c$0.05 or 0.00009BTC or c$90 mil market cap?

At this point I think there are 2 scenarios:

BTS will either be worthing zero and this move is just a pump before the massive dump

or

BTS market cap will reach min $200 mil and will compete once again head to head with ripple and then moon..

With all the progress that Bitshares have done over the last year the 2nd scenario seems more probable to me. I mean we were at c$90 mil market cap just because the GUI was partially working..

So I suggest you guys keep cool now. Anyone dumping now will regret it..just my 2bts..

[Ander]

Yeah. It's not that BitShares should not be worth what it is now (heck, it should be worth MUCH more imo) ..

It's the +113% gain in 4 days .. there's no justification. Just speculation. It'll come back down again when the bulls are satiated.

There was absolutely no justification for it going from .07 to .02 during march and april.  Going back up to .07 therefore also requires no justification, and can happen quickly.

[liondani]

Because you are short?

Sent from my ALCATEL ONE TOUCH 997D

[Ander]

I'm pretty sure what we're seeing here is leaking of insider info... It happens in all markets - trading 101, and the charts gives us the clues...

Maybe, but I think this rise is reasonable even without insider info.  In fact, I think this rise is reasonable even if nothing happens at all for a while.  The price had gotten WAY too low. 

When it becomes obvious to the market that a bottom is in, and there are a lot of people who have been waiting with cash for that bottom, it can go up again very fast.

[jsidhu]

All coins have been rising.. Seems it's new money coming in

[sumantso]

What if it is a pump and dump? Keep a close eye and when it shows signs of dump phase starting then sell.

This is a classic way to sucker in. A lot were waiting with BTC waiting for a reversal, and if the pump can sustain a bit they will buy in pushing the price even further = instant profits.

[chryspano]

I'm pretty sure what we're seeing here is leaking of insider info... It happens in all markets - trading 101, and the charts gives us the clues...

Those in the the know can't help but tell their friends or family of what a sure thing bitshares is based on their knowledge of what's up next.



See what happened on the 12th - someone (or a group) got very excited by some inside info and it's been happening ever since.

Can you really believe that it would be possible that whatever Dan and the team have been working on could be contained, especially if it involves other parties... It's practically impossible to keep multiple initiatives completely secret when so many people are working on it.

So while we're wondering what's going on - those in the know are probably taking advantage of the dips - and will do all the way up the announcements. Enjoy the ride.

When something is so much undervalued as bitshares was and still is, you don't need insider information to recognize an opportunity. Some people dumped their bts(for their own reasons) and the price dropped, does this mean that all the rest of us agreed that this was the "fair" price of bts? I was buying whenever I could at those prices and I don't believe I was alone, it was a matter of time for someone with full pockets to jump in. Everyone knows that at June we will have some good news and contrary to some whiners in the forum, lots of us believe that there will be good news indeed(I didn't say great news I said good news)

All I want to say is that this is a return to normal, nothing special about it. Lots of people saw the opportunity and grabbed it.

[wuyanren]

Wtf is wrong with people here... You bitch when price falls and you bitch when price rises. You bitch when there's a new release and you bitch about the current release.

Bunch of angry bitches

wuyanren is a famous bitch from chinese community.
he complain everything everyday.

Is it that everyone feels like stan as blind confidence better?I complained that many basic things are not good, but to see developers to indulge in verbiage