Bitshares price discussion

[theredpill]

what's wrong with bts？？？？？？？？？？？？？？？？？？

I guess lack of stability, instead of working on the viability of the immense range of resources that already exists but do not work properly they keep changing and adding things. Read my last comments or search for "against fba bitshares" that you may find some answers. Good luck.

[sudo]

what's wrong with bts？？？？？？？？？？？？？？？？？？

[julian1]

Selling BTS on Blocktrades for Trade.btc? Does Blocktrades then hedge on an external exchange creating the BTS/BTC price action?

No, the activity on poloniex was not directly related to the sale of BTS to BlockTrades. As far as I can tell, the sales to BlockTrades were made after the sudden Poloniex price drop.

Thanks dannotestein

[tonyk]

I sold out around 800 back in November and set an auto buy at around 500, which just got filled. So I guess I should be happy with the profit. Hurrah for me  :-\

Anyone have a clue about why the price just collapsed (again)? Quite slide from 3000.

Account bts-qq123-bts just claimed over 56 million BTS from balances an hour ago and is selling it through Blocktrades. 
That must be Dan's first Chinese backer of Innvictus. I forget his name.
Or somebody needing to cover big losses on the Shanghai exchange with the two limit downs this week.

She was 'ecstatic' about the stealth* proposition...so she sold started selling before the... proverbial s hit the  proverbial f...



*Stealth , MAS, "exchanges suck as a business", "I am trapped by the people that gave me 4 mil USD", the  benefits of the proof of work and dilution my way , "I am about to charge 7000$/h for anything I do not feel like doing"...bla bla bla the whole BM nonsense package..

[dannotestein]

Selling BTS on Blocktrades for Trade.btc? Does Blocktrades then hedge on an external exchange creating the BTS/BTC price action?

No, the activity on poloniex was not directly related to the sale of BTS to BlockTrades. As far as I can tell, the sales to BlockTrades were made after the sudden Poloniex price drop.

[Riverhead]

Ouch. Check out the volume on BTS:USD. If this was a squeeze play then - well done. The entire BTS:USD order history is margin calls.

[julian1]

Selling BTS on Blocktrades for Trade.btc? Does Blocktrades then hedge on an external exchange creating the BTS/BTC price action?

[onceuponatime]

Account bts-qq123-bts just claimed over 56 million BTS from balances an hour ago and is selling it through Blocktrades. 
That must be Dan's first Chinese backer of Innvictus. I forget his name.
Or somebody needing to cover big losses on the Shanghai exchange with the two limit downs this week.

Bo Shen?

That would be my guess.

[dannotestein]

I sold out around 800 back in November and set an auto buy at around 500, which just got filled. So I guess I should be happy with the profit. Hurrah for me  :-\

Anyone have a clue about why the price just collapsed (again)? Quite slide from 3000.

Account bts-qq123-bts just claimed over 56 million BTS from balances an hour ago and is selling it through Blocktrades. 
That must be Dan's first Chinese backer of Innvictus. I forget his name.
Or somebody needing to cover big losses on the Shanghai exchange with the two limit downs this week.

Well, I try to avoid generally commenting on market activity, since we operate as a market maker, but it looks to me more like the account you mentioned was "reacting" to the price drop rather than causing it. But your idea about the drops in Shanghai exchange being the ultimate cause could be correct; it might be someone needed to cover a margin call on Shanghai exchange by selling on poloniex to get funds. However, I always assumed most chinese traders would be trading on chinese exchanges instead of poloniex, but I suppose that's not universally true of course.

[bitmeat]

Account bts-qq123-bts just claimed over 56 million BTS from balances an hour ago and is selling it through Blocktrades. 
That must be Dan's first Chinese backer of Innvictus. I forget his name.
Or somebody needing to cover big losses on the Shanghai exchange with the two limit downs this week.

Bo Shen?

[onceuponatime]

I sold out around 800 back in November and set an auto buy at around 500, which just got filled. So I guess I should be happy with the profit. Hurrah for me  :-\

Anyone have a clue about why the price just collapsed (again)? Quite slide from 3000.

Account bts-qq123-bts just claimed over 56 million BTS from balances an hour ago and is selling it through Blocktrades. 
That must be Dan's first Chinese backer of Innvictus. I forget his name.
Or somebody needing to cover big losses on the Shanghai exchange with the two limit downs this week.

[werneo]

I sold out around 800 back in November and set an auto buy at around 500, which just got filled. So I guess I should be happy with the profit. Hurrah for me  :-\

Anyone have a clue about why the price just collapsed (again)? Quite slide from 3000.

[bitmeat]

200 is next.

[nomoreheroes7]

lol, get rekt.

I see Ander's made his triumphant return...

Wow this sucks.

[Ander]

lol, get rekt.