BTSX breaks $20MM Market Cap

[liondani]

to be fair. it is not a problem in the nxt technology. just a stupid exchange and they don't learnt something from gox and co. could happen to btsx as well. hope they learned the lesson and all the other exchanges are checking their security systems. it is a bad message for any investor in crypto. if it is not save to use the exchanges you can not sell or buy and the market will die easily.

it is not safe to keep the funds there that is true! Just make the trades you want and transfer the funds back to your wallet! It takes seconds to couple of minutes and not hours  like with bitcoins transfers. Try used to it guys! Your funds will be on your wallets before you finished peeing  :P

[Shentist]

to be fair. it is not a problem in the nxt technology. just a stupid exchange and they don't learnt something from gox and co. could happen to btsx as well. hope they learned the lesson and all the other exchanges are checking their security systems. it is a bad message for any investor in crypto. if it is not save to use the exchanges you can not sell or buy and the market will die easily.

[Empirical1]

Yes and my point was that until full trading resumes properly on their main exchanges, like Cryptsy too, we won't have a clear idea of the full scale of the damage/fallout from this imo.

I tend to agree with liondani on this, big picture - That this is kind of blessing in disguise for those NXTers open minded enough to take a look at Bitshares.

+5%

[tonyk]

Yes and my point was that until full trading resumes properly on their main exchanges, like Cryptsy too, we won't have a clear idea of the full scale of the damage/fallout from this imo.

I tend to agree with liondani on this, big picture - That this is kind of blessing in disguise for those NXTers open minded enough to take a look at Bitshares.

[Empirical1]

NXT trading is open again on BTER.  It's not pretty :( . I feel really bad for them. Their technology should have sunk or swam on its own merits; not die due to a heist. Maybe it'll recover if enough people see this as an opportunity to get in while there's blood in the streets.

I don't think bter is accepting new NXT deposits

I do not think anybody has tried to deposit.

Given the egg on BTER's face it's probably the safest place on the planet to keep your NXT now. I'm sure they have that sh*t locked down.

Yes and my point was that until full trading resumes properly on their main exchanges, like Cryptsy too, we won't have a clear idea of the full scale of the damage/fallout from this imo.

[liondani]

[Riverhead]

NXT trading is open again on BTER.  It's not pretty :( . I feel really bad for them. Their technology should have sunk or swam on its own merits; not die due to a heist. Maybe it'll recover if enough people see this as an opportunity to get in while there's blood in the streets.

I don't think bter is accepting new NXT deposits

I do not think anybody has tried to deposit.

Given the egg on BTER's face it's probably the safest place on the planet to keep your NXT now. I'm sure they have that sh*t locked down.

[tonyk]

NXT trading is open again on BTER.  It's not pretty :( . I feel really bad for them. Their technology should have sunk or swam on its own merits; not die due to a heist. Maybe it'll recover if enough people see this as an opportunity to get in while there's blood in the streets.

I don't think bter is accepting new NXT deposits

I do not think anybody has tried to deposit.

Additionally the NXT buyers on bter should be aware that they are buying nothing more than Bter's dream of NXTs. And frankly the lack of any statement (that I can see) regarding this is pretty concerning.

[Empirical1]

NXT trading is open again on BTER.  It's not pretty :( . I feel really bad for them. Their technology should have sunk or swam on its own merits; not die due to a heist. Maybe it'll recover if enough people see this as an opportunity to get in while there's blood in the streets.

I don't think bter is accepting new NXT deposits

[Empirical1]

The BTSX Price movement and strength are encouraging. But, dang, I was surprised to see this post from Bytemaster. He and the BTSX developers should try to refrain from commenting on or predicting short-term price movements. It doesn't seem objective and to outsiders it could be viewed as P&D or a conflict of interest.

Interesting thought. Since we have "known" BM for a while we know he's in this for the long haul but newcomers to the technology may be a bit more skeptical. Still, it's hard to resist dreaming about what is to come. I think we all have early retirement fantasies :).

It's also common sense. Dreaming about retirement and riches is fine and dandy, but if you want to be head or manager of a successful multi-billion $ venture, you gotta seem professional. You gotta be professional.

He is professional, I was just thinking the other day that one his great qualities is his 'seeing the best in everyone' he hardly ever seems to react in a reactionary manner, it's very impressive, I can't do that.

I can see how the statement about the doubling comes off as too much speculation, but as an investor I want him to keep us in the loop as much as possible & if he has information through conversations that people will be buying in reasonable quantities I'm glad that is shared as well as things like the Vitalik conversations. 

But perhaps to avoid any confusion maybe Bytemaster should add something to his signature that says,

These are merely my opinions

Oh wait, he already has  :P

[Riverhead]

NXT trading is open again on BTER.  It's not pretty :( . I feel really bad for them. Their technology should have sunk or swam on its own merits; not die due to a heist. Maybe it'll recover if enough people see this as an opportunity to get in while there's blood in the streets.

[clout]

The BTSX Price movement and strength are encouraging. But, dang, I was surprised to see this post from Bytemaster. He and the BTSX developers should try to refrain from commenting on or predicting short-term price movements. It doesn't seem objective and to outsiders it could be viewed as P&D or a conflict of interest.

Interesting thought. Since we have "known" BM for a while we know he's in this for the long haul but newcomers to the technology may be a bit more skeptical. Still, it's hard to resist dreaming about what is to come. I think we all have early retirement fantasies :).

It's also common sense. Dreaming about retirement and riches is fine and dandy, but if you want to be head or manager of a successful multi-billion $ venture, you gotta seem professional. You gotta be professional.

I don't see how his statement isn't objective when bitAssets are planned to be released officially in about 4 days... If the price doesn't double in a months time then we have some major problems.

[pendragon3]

The BTSX Price movement and strength are encouraging. But, dang, I was surprised to see this post from Bytemaster. He and the BTSX developers should try to refrain from commenting on or predicting short-term price movements. It doesn't seem objective and to outsiders it could be viewed as P&D or a conflict of interest.

Interesting thought. Since we have "known" BM for a while we know he's in this for the long haul but newcomers to the technology may be a bit more skeptical. Still, it's hard to resist dreaming about what is to come. I think we all have early retirement fantasies :).

It's also common sense. Dreaming about retirement and riches is fine and dandy, but if you want to be head or manager of a successful multi-billion $ venture, you gotta seem professional. You gotta be professional.

[tonyk]

The BTSX Price movement and strength are encouraging. But, dang, I was surprised to see this post from Bytemaster. He and the BTSX developers should try to refrain from commenting on or predicting short-term price movements. It doesn't seem objective and to outsiders it could be viewed as P&D or a conflict of interest.

Interesting thought. Since we have "known" BM for a while we know he's in this for the long haul but newcomers to the technology may be a bit more skeptical. Still, it's hard to resist dreaming about what is to come. I think we all have early retirement fantasies :).

I know I do.

[Riverhead]

The BTSX Price movement and strength are encouraging. But, dang, I was surprised to see this post from Bytemaster. He and the BTSX developers should try to refrain from commenting on or predicting short-term price movements. It doesn't seem objective and to outsiders it could be viewed as P&D or a conflict of interest.

Interesting thought. Since we have "known" BM for a while we know he's in this for the long haul but newcomers to the technology may be a bit more skeptical. Still, it's hard to resist dreaming about what is to come. I think we all have early retirement fantasies :).

[pendragon3]

I predict the price will double within the month based upon how much people tell me they plan on buying and BitUSD turning on.

The BTSX Price movement and strength are encouraging. But, dang, I was surprised to see this post from Bytemaster. He and the BTSX developers should try to refrain from commenting on or predicting short-term price movements. It doesn't seem objective and to outsiders it could be viewed as P&D or a conflict of interest.

[tonyk]

I predict the price will double within the month based upon how much people tell me they plan on buying and BitUSD turning on.

Yep, bitUSD turning on...
I still do not understand who needed that buying opportunity to begin with...I sure didn't, not that I did not use the opportunity to load up too but still.
When the BTSX gets to $10 I will be able to afford to fly to someplace you speak at and then I will ask this question in person, hope you can give me a truthful answer.

[Riverhead]

Slot #4 is in sight.  NXT just lost 25% of its market cap.

[liondani]

I predict the price will double within the month based upon how much people tell me they plan on buying and BitUSD turning on.

And what if BitUSD can not turn on in the month....

a great opportunity to invest our next month salary into cheap BTSX too...  :P

[Riverhead]

I predict the price will double within the month based upon how much people tell me they plan on buying and BitUSD turning on.

Who are these people? Overstock executives?

Taking into account the number of companies that now accept BTC (Overstock.com, NewEgg.com, TigerDirect.com, Dell, etc.) it could be any number of people looking to test the waters of crypto equities.

[speedy]

I predict the price will double within the month based upon how much people tell me they plan on buying and BitUSD turning on.

Who are these people? Overstock executives?

[jwiz168]

Indeed.  BTSX are now worth $0.01  :D . When it hit's $10 I quit my day job lol.

Oh yeah!!!!
+5% +5% +5%

[JA]

 :'( :'( :'( :'( :'(
and i have to wait until next week so i can buy bitcoins and buy btsx with them

everybody please wait until i'm ready  ;)

[bytemaster]

I predict the price will double within the month based upon how much people tell me they plan on buying and BitUSD turning on.

[Riverhead]

Indeed.  BTSX are now worth $0.01  :D . When it hit's $10 I quit my day job lol.

[38PTSWarrior]

Hyper, Hyper! ntz ntz ntz ntz,,, Hyper, Hyper!

[Overthetop]

Just beginning....

:)

[Riverhead]

Very nice to see.  Bitshares-PTS is closing on 10th place as well.