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Offline barwizi

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Price
« on: February 28, 2014, 01:46:10 PM »

lol, bee watching the price drop wide eyed, people are so afraid that rather than chance it for after  the snapshot, they are selling high now.
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Offline doxymoron

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Re: Price
« Reply #1 on: February 28, 2014, 01:57:44 PM »
lol, bee watching the price drop wide eyed, people are so afraid that rather than chance it for after  the snapshot, they are selling high now.

Or may be selling for BTC to donate to get Angelshares.
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Offline JakeThePanda

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Re: Price
« Reply #2 on: February 28, 2014, 02:13:06 PM »
It should be a volatile trading day.

Offline stupid_american

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Re: Price
« Reply #3 on: February 28, 2014, 02:20:36 PM »
but is it still a good idea to get angelshares instead of just keeping the pts (due to high amt. of ags purchases today)?

Offline biophil

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Re: Price
« Reply #4 on: February 28, 2014, 02:27:29 PM »
lol, bee watching the price drop wide eyed, people are so afraid that rather than chance it for after  the snapshot, they are selling high now.

Or they're selling part of their portfolio of PTS, planning to buy back in after the snapshot... It's not a bad hedging strategy. Rather than put all my eggs in the BitShares X basket, I'll get some future-bitshares-project eggs cheap.  :)

Offline xeroc

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Re: Price
« Reply #5 on: February 28, 2014, 03:18:17 PM »
Those are probably buying goxbtc :-)
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Offline gnarl

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Re: Price
« Reply #6 on: February 28, 2014, 11:00:40 PM »
The price is going down because the only official announcement was a twitter, that said THIS   Caution: Watch for Falling PTS
Here is the link   https://twitter.com/_bitshares/status/439258784490590209

Most people will not read that article, they will only see the twitter.
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Offline burgoboby

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Re: Price
« Reply #7 on: February 28, 2014, 11:29:55 PM »
OMG !  they suxxxx ! our PTS worth almost nothing thanks to their weird marketing policy

Offline smokim11

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Re: Price
« Reply #8 on: March 01, 2014, 01:56:13 AM »
The price is going down because the only official announcement was a twitter, that said THIS   Caution: Watch for Falling PTS
Here is the link   https://twitter.com/_bitshares/status/439258784490590209

Most people will not read that article, they will only see the twitter.
Great marketing...

Actually its a pretty good article. The writer does post a very important issue.

I think in order to get bitshares, a PTS holder will have to hold their PTS until the DAC is released and bitshares are distributed. I could of just bought pts today waited for the snapshot and sold my PTS with no loss and have free bitshares which could be worth quite abit.

Not sure if that is fair for the longterm PTS holders who never sold as they wait for bitshares.
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Offline Brekyrself

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Re: Price
« Reply #9 on: March 01, 2014, 04:04:24 AM »
If BTS has a successful launch, PTS should go back up in anticipation of future DAC's.  Well have to sit tight and with what's happening to BTC, PTS holders may be just fine!

Offline luckybit

Re: Price
« Reply #10 on: March 01, 2014, 04:37:38 AM »
lol, bee watching the price drop wide eyed, people are so afraid that rather than chance it for after  the snapshot, they are selling high now.

Don't expect the price to drop too much. Many of us are waiting for low prices for PTS so we can scoop them up.

As a result I don't think PTS price is going to drop for long.

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Offline barwizi

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Re: Price
« Reply #11 on: March 01, 2014, 06:55:02 AM »
thank you for all your opinions, the variance makes for a wonderful pool of thought.
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Offline megadeth92

Re: Price
« Reply #12 on: March 01, 2014, 03:44:12 PM »
Could be a good idea buy PTS on cryptsy and sell on bter?
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Offline toast

Re: Price
« Reply #13 on: March 01, 2014, 04:18:59 PM »
The price is going down because the only official announcement was a twitter, that said THIS   Caution: Watch for Falling PTS
Here is the link   https://twitter.com/_bitshares/status/439258784490590209

Most people will not read that article, they will only see the twitter.
Great marketing...

Actually its a pretty good article. The writer does post a very important issue.

I think in order to get bitshares, a PTS holder will have to hold their PTS until the DAC is released and bitshares are distributed. I could of just bought pts today waited for the snapshot and sold my PTS with no loss and have free bitshares which could be worth quite abit.

Not sure if that is fair for the longterm PTS holders who never sold as they wait for bitshares.

You mean as they wait for BTS X? If you're in it for other DAC's your position is the same if not better (plus you can get more cheap PTS). If you're in it for BTS X then holding PTS no longer does anything for you
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Offline biophil

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Re: Price
« Reply #14 on: March 01, 2014, 05:01:20 PM »
Could be a good idea buy PTS on cryptsy and sell on bter?

Yes, if one is trading higher than the other. That's called "arbitrage" - simultaneously buying low and selling high. It's a valid way to make money and increase the liquidity of the exchanges, but you will only be successful if you hold both BTC and PTS on both exchanges so that you can buy and sell at the same exact time. Because it's a very easy way to make money, arbitrage opportunities don't last long.

 

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