BTSX trade is open on btc38

[pgbit]

http://www.btc38.com/trade.html?mk_type=btc&btc38_trade_coin_name=btsx


However, deposit and withdraw are not available now. The btsx are those from Feb 28th left on the btc38.

It's good to see what's the expectation of market before the official release of BTSX 1.0.
+5% +5% +5%

Hmm. Has btc38 'inadvertently' / prematurely updated their BTS-pts ticker to say BTS-X? I assume its not BTS-X being traded (there are trades occuring) as the official BTS-X is not launched yet, right?

[Simeon II]

BTC38 English Version:
http://www.btc38.com/trade_en.html?mk_type=btc&btc38_trade_coin_name=btsx

Login/Register links to https://www.facebook.com/dialog/oauth?client_id=361149254024972&redirect_uri=http://www.btc38.com/fb_login_callback.php&state=t

Do I really sign-in through facebook?

[dexinwong]

BTC38 English Version:
http://www.btc38.com/trade_en.html?mk_type=btc&btc38_trade_coin_name=btsx

[Simeon II]

I'd say it overestimates because you have BTC -> BTSX from everyone but BTSX->BTC only from a small subset of people who want to dump

I do not think 250,100 PTS is small subset, but that's only my opinion and opinions:
'are like a**es, everybody has one...everybody's stink and nobody wants to hear yours.'

Is that their balance? Bter also honored the snapshot, which belongs to which?

http://www.btc38.com/trade/reserves.html
Choose 'PTS' from the drop down menu.

Ahhh, You know how to spell PTS in Chinese, right? :D

[cass]

Look out, iTunes. Get out of my way, Amazon. I am coming up the middle, I am coming right up the middle." --Eddie Corral

Look out, Nxt. Get out of my way, Ethereum. We're coming up the middle, We're coming right up the middle."   :P

[Simeon II]

I'd say it overestimates because you have BTC -> BTSX from everyone but BTSX->BTC only from a small subset of people who want to dump

I do not think 250,100 PTS is small subset, but that's only my opinion and opinions:
'are like a**es, everybody has one...everybody's stink and nobody wants to hear yours.'

Is that their balance? Bter also honored the snapshot, which belongs to which?

I thought Bter is the 'smaller' of the two, in Chinese terms, but I might be wrong.

[Simeon II]

If this address: PtvJzF8UsgPb7WEzda6ZpKRa5tepifvytV
1.Holds predominantly customers money, as opposed to funds owned by the exchange itself, the prices can be reasonably considered accurate prediction of the opening bts x prices..., imho.

2.Which only means my trade nailed it! (0.0115+0.0124)/2*640*4 mil = 30.60Mil

;D

price will reach 0.02btc per btsx soon in btc38.  you are lucky

Actually if it does I am not lucky, I am too conservative; and I would lose some money.

[toast]

I'd say it overestimates because you have BTC -> BTSX from everyone but BTSX->BTC only from a small subset of people who want to dump

I do not think 250,100 PTS is small subset, but that's only my opinion and opinions:
'are like a**es, everybody has one...everybody's stink and nobody wants to hear yours.'

Is that their balance? Bter also honored the snapshot, which belongs to which?

[cass]

Wow great news going on here :)

It's good to see what's the expectation of market before the official release of BTSX 1.0.
+5% +5% +5%

+5% indeed :)

[sfinder]

If this address: PtvJzF8UsgPb7WEzda6ZpKRa5tepifvytV
1.Holds predominantly customers money, as opposed to funds owned by the exchange itself, the prices can be reasonably considered accurate prediction of the opening bts x prices..., imho.

2.Which only means my trade nailed it! (0.0115+0.0124)/2*640*4 mil = 30.60Mil

;D

price will reach 0.02btc per btsx soon in btc38.  you are lucky

[Simeon II]

I'd say it overestimates because you have BTC -> BTSX from everyone but BTSX->BTC only from a small subset of people who want to dump

I do not think 250,100 PTS is small subset, but that's only my opinion and opinions:
'are like a**es, everybody has one...everybody's stink and nobody wants to hear yours.'

[toast]

I'd say it overestimates because you have BTC -> BTSX from everyone but BTSX->BTC only from a small subset of people who want to dump

[Simeon II]

If this address: PtvJzF8UsgPb7WEzda6ZpKRa5tepifvytV
1.Holds predominantly customers money, as opposed to funds owned by the exchange itself, the prices can be reasonably considered accurate prediction of the opening bts x prices..., imho.

2.Which only means my trade nailed it! (0.0115+0.0124)/2*640*4 mil = 30.60Mil

;D

[Simeon II]

Thanks ripplexiaoshan and heyD,

any ballpark or more precise info how many pts were left on btc38 by customers?

[ripplexiaoshan]

How do they enforce the shorts? Margin? If yes how much?

Sorry my Chinese is real bad... :D

OK I see the OP. Did they multiply the PTS left on the exchange on 2/28 by 1.33 to get to 2 mil or what???

Thanks for the quick reply!

Yes, they multiply the pts by 1.33.

No. by 1.28

http://weibo.com/3945497871/BcrrUt9EF?mod=weibotime

Sorry, you are right. then what's the number "1.33", it looks so familiar. Time is too long, I have a bad memory :D