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Started by barwizi, January 07, 2014, 10:05:13 AM

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betax

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betax

Speculation and news, I have seen many blocks in Bter and Cryptsy to prevent the price of PTS going up, so I guess somebody is pushing the price down at the moment to buy low.
Bitcoin I guess is time to buy when it hits 700 :)
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liquiddrool

#7
What's ASG?  PTS is poised to crash hard....

oco101

Quote from: ripplexiaoshan on January 07, 2014, 07:34:31 PM
It looks all the cryptocoins, including bitcoin, are in down trend, which I don't understand. The only bad new I can find is that the biggest e-biz platform in China--taobao.com just announced to ban all virtual currency trade, but does it affect so much?

Maybe this :

http://blogs.ft.com/beyond-brics/2014/01/07/indias-central-bank-gets-to-grip-with-bitcoin/#axzz2piykXZuV

and this

http://www.ft.com/intl/cms/s/0/3b67e982-7799-11e3-807e-00144feabdc0.html#axzz2piyFiyWX

ripplexiaoshan

It looks all the cryptocoins, including bitcoin, are in down trend, which I don't understand. The only bad new I can find is that the biggest e-biz platform in China--taobao.com just announced to ban all virtual currency trade, but does it affect so much? 
BTS committee member:jademont

bytemaster

Quote from: barwizi on January 07, 2014, 10:05:13 AM
Down trend indicative of dumping, why the loss of confidence?

I suspect that most selling is to buy BTC to fund AGS.   Based upon the stated goal of AGS + PTS == 4 M market cap for BTS and a $10 AGS price and $17 PTS price that translates into  $34 Million + $20 Million => $54 million market cap for BitShares and our future products which is up significantly from pre-AGS days.   That said, AGS is sucking some demand from PTS.   

Nothing to worry about and in a few months everyone will be wishing they could buy at these prices.   
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Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

AdamBLevine

price is still above .02 and looks like less than 100btc in 24hr volume, what are you talking about? 
Email me at [email protected]

5chdn


barwizi

Down trend indicative of dumping, why the loss of confidence?
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