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Initial price for a XTS

Started by xeroc, July 02, 2014, 02:14:12 PM

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bitmeat

Adam exchanges haven't adjusted for the change in number of shares. They should once it is confirmed, because if they don't it will be very bad news that travels fast. Btc38 already confirmed they will handle this correctly. I'm assuming bter will as well.

AdamBLevine

Quote from: svk on July 10, 2014, 02:05:38 PM
Quote from: liondani on July 10, 2014, 11:06:37 AM
Quote from: crabbypattie on July 10, 2014, 05:59:04 AM
Quote from: donkeypong on July 10, 2014, 05:13:36 AM
Anybody checked Bter and BTC38 recently? Even their IOUs in BTSX are trading with a market cap of $20-25 million. This sucker's going to debut much higher than some folks think.

The IOUs are the only way to get BTSX right now. The supply is very limited at the moment. Once actual BTSX floods the market it will go down, just like ANY other IPO that debuts on an exchange. Then it should resume its course higher, given no major setbacks. I think there will be opportunities to get in on the cheap once more after we go live.

I really hope so...

We'll see. I've been buying some small quantities at around 0.008BTC at BTC38, but if the price drops even further on launch I'll be ready to buy even more. If BM and the others can sort out the few remaining bugs, the current state of this project is miles ahead of most other "altcoins", which bodes well for the Bitshares ecosystem.

I won't be surprised it BTSX is in the nr. 2 spot on Coinmarketcap come Christmas.



There are going to be 4 billion bitshares available on the market all at once, and you're paying .008btc EACH?  That's what, $4.80 a piece, and would give a market cap of  $19,200,000,000 i.e. bigger than the entire cryptocurrency ecosystem including bitcoin.

Are you aware of how much you're likely overpaying?
Email me at [email protected]

svk

Quote from: liondani on July 10, 2014, 11:06:37 AM
Quote from: crabbypattie on July 10, 2014, 05:59:04 AM
Quote from: donkeypong on July 10, 2014, 05:13:36 AM
Anybody checked Bter and BTC38 recently? Even their IOUs in BTSX are trading with a market cap of $20-25 million. This sucker's going to debut much higher than some folks think.

The IOUs are the only way to get BTSX right now. The supply is very limited at the moment. Once actual BTSX floods the market it will go down, just like ANY other IPO that debuts on an exchange. Then it should resume its course higher, given no major setbacks. I think there will be opportunities to get in on the cheap once more after we go live.

I really hope so...

We'll see. I've been buying some small quantities at around 0.008BTC at BTC38, but if the price drops even further on launch I'll be ready to buy even more. If BM and the others can sort out the few remaining bugs, the current state of this project is miles ahead of most other "altcoins", which bodes well for the Bitshares ecosystem.

I won't be surprised it BTSX is in the nr. 2 spot on Coinmarketcap come Christmas.

Worker: dev.bitsharesblocks

liondani

Quote from: crabbypattie on July 10, 2014, 05:59:04 AM
Quote from: donkeypong on July 10, 2014, 05:13:36 AM
Anybody checked Bter and BTC38 recently? Even their IOUs in BTSX are trading with a market cap of $20-25 million. This sucker's going to debut much higher than some folks think.

The IOUs are the only way to get BTSX right now. The supply is very limited at the moment. Once actual BTSX floods the market it will go down, just like ANY other IPO that debuts on an exchange. Then it should resume its course higher, given no major setbacks. I think there will be opportunities to get in on the cheap once more after we go live.

I really hope so...
[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]

bitmeat

Quote from: donkeypong on July 10, 2014, 05:13:36 AM
Anybody checked Bter and BTC38 recently? Even their IOUs in BTSX are trading with a market cap of $20-25 million. This sucker's going to debut much higher than some folks think.

The IOUs are the only way to get BTSX right now. The supply is very limited at the moment. Once actual BTSX floods the market it will go down, just like ANY other IPO that debuts on an exchange. Then it should resume its course higher, given no major setbacks. I think there will be opportunities to get in on the cheap once more after we go live.

donkeypong

Anybody checked Bter and BTC38 recently? Even their IOUs in BTSX are trading with a market cap of $20-25 million. This sucker's going to debut much higher than some folks think.

Simeon II

Quote from: crabbypattie on July 08, 2014, 08:51:14 PM
I don't know about Simeon, but my buy back price would be at $16.3M and $12.5M market cap (given I still believe in the long term growth of the platform).

I will start buying at $15Mil and get seriously involved at $9-$10MIil
[url=http://letstalkbitcoin.com?ref=dbb10f76]LTBcoin - The future of mining! Can be mined using Tapatalk![/url]

amencon

Quote from: Zeus on July 04, 2014, 06:18:15 PM
I feel you man...Actually I do hope that a lot of you sell some XTS upon launching at cheap prices as I seriously need to increase my BTS holdings...I have also invested a lot in AGS but mostly after the 28th snapshot...For some reason I thought that keeping PTS was the way to go before the snapshot (Idiot...)
Don't feel too bad, I did some cursory research shortly before the snapshot.  I understood PTS better and so invested a bit there, then read more and had a better understanding of AGS afterwards as well.

In both our cases at least we got involved somehow before the snapshot even if we didn't maximize well for XTS.

id10tothe9

thanks xeroc!!
I expected they would send an email when something new happens to keep us informed, I don't know if back then this forum even existed >:(

xeroc

Quote from: id10tothe9 on July 09, 2014, 12:37:22 PM
Quote from: xeroc on July 09, 2014, 12:28:22 PM
Quote from: id10tothe9 on July 09, 2014, 12:26:05 PM
About my keyhotee ID, I sent the PTS from cryptsy, was that a bad idea?  :o
for your keyhotee you only need the address you sent the PTS to .. but you need to generate a public key using the keyhotee software soon!! otherwise you will not get your name registered in the genesisblock!

wheew thats good :), but I could not find a keyhotee software I guess this is still to be released?
https://github.com/InvictusInnovations/keyhotee/releases

https://bitsharestalk.org/index.php?topic=1433.msg50002#msg50002

id10tothe9

Quote from: xeroc on July 09, 2014, 12:28:22 PM
Quote from: id10tothe9 on July 09, 2014, 12:26:05 PM
About my keyhotee ID, I sent the PTS from cryptsy, was that a bad idea?  :o
for your keyhotee you only need the address you sent the PTS to .. but you need to generate a public key using the keyhotee software soon!! otherwise you will not get your name registered in the genesisblock!

wheew thats good :), but I could not find a keyhotee software I guess this is still to be released?

xeroc

Quote from: id10tothe9 on July 09, 2014, 12:26:05 PM
About my keyhotee ID, I sent the PTS from cryptsy, was that a bad idea?  :o
for your keyhotee you only need the address you sent the PTS to .. but you need to generate a public key using the keyhotee software soon!! otherwise you will not get your name registered in the genesisblock!

id10tothe9

Thanks liondani and Agent86 for the help!
ok so to own BTSX I should buy them on btc38 and then when it's ready withdraw them to my BTSX wallet. I believe I had PTS in February but they were on cryptsy so I guess I will get nothing  ::)
About my keyhotee ID, I sent the PTS from cryptsy, was that a bad idea?  :o

bitmeat

I don't know about Simeon, but my buy back price would be at $16.3M and $12.5M market cap (given I still believe in the long term growth of the platform).

Bitshark

Quote from: Simeon II on July 05, 2014, 01:11:07 AM
Quote from: Empirical1 on July 05, 2014, 12:29:36 AM
Quote from: Simeon II on July 04, 2014, 11:38:01 PM
@ Empirical1 and other interested in buying BTS.

I do not know if this is good or bad news for you but:
I have found counter party and have sold 75% of my position at 31.25 Mil  USD (at $640/BTC) market cap.
50% of the money, by both sides, is transferred to escrow, so it is effectively done!  :)


@ Agent86 – my security deposit is 35%. The other party finds the amount satisfactory, so...

+5%

I'm glad you were able to make a deal with and sort out escrow on terms you were happy with. 

I'm also glad there's someone willing to buy a big position at $31.25 Million.

Your remaining 25% still leaves you with a nice stake, I hope you will keep it and share in the success of X :)

Ohhhh, if I am correct or partially correct I intend to use most of the money to re-buy a bigger stake than the one I had.
If I am wrong and you guys were correct I will repurchase but unfortunately a smaller stake... things of life, you know, you cannot have it both ways.

And what is your buy back price?