IT'S OFFICIAL: BitSharesX Is Now #4 Market Cap! (Passed NXT)

[oco101]

He says with his usual Christmas cheer.  lol.

They're buying because they're the smart money getting in early. They're not buying to lose.  Yes, market cap will go up and market cap will go down. Ultimately it's the long term value of BTSX that matters. 

But that's no reason to not celebrate this milestone - and the rest to come. Go hang with the NXT crowd if you're not in the mood, I'm poppin bottles with BitShares.

+1 .... Indeed

[JakeThePanda]

Smiling from ear to ear  :D When we hit bitcoin's market cap, I'm sure we will all be able to gather for a drink with the Bitshares team  ;D

and everyone will be flying in on their own private jets...  :P

Flying in to Bitshares Island that is.

Lite speed, here we go!

[Riverhead]

Another spike just hit.  Now solidly in 3rd.

[38PTSWarrior]

No. 3 now
To the alpha centauri!

[tonyk]

Levine has an interesting point. Clearly the asset class worth buying is the one avoided by those with money... Put another way, if the moneyed individuals are buying an asset, that asset must be trash. Following that logic, I suppose buying trash makes you rich. Off to the junk yard for me.

Great first post. Welcome here !

[G1ng3rBr34dM4n]

Smiling from ear to ear  :D When we hit bitcoin's market cap, I'm sure we will all be able to gather for a drink with the Bitshares team  ;D

and everyone will be flying in on their own private jets...  :P

[MrJeans]

Smiling from ear to ear  :D When we hit bitcoin's market cap, I'm sure we will all be able to gather for a drink with the Bitshares team  ;D

[GaltReport]

While I don't disagree with Adam's thinking I do feel the peopleC that have worked so hard on this product deserve a time of jubilation. There'll be plenty of time for reasoned discourse once the hangovers pass.


Wish I was there to lift a glass with you guys.

+5%  +5%

[bytemaster]

Levine has an interesting point. Clearly the asset class worth buying is the one avoided by those with money... Put another way, if the moneyed individuals are buying an asset, that asset must be trash. Following that logic, I suppose buying trash makes you rich. Off to the junk yard for me.

While I don't disagree with Adam's thinking I do feel the people that have worked so hard on this product deserve a time of jubilation. There'll be plenty of time for reasoned discourse once the hangovers pass.

+1 LOL

[liondani]

It's really striking how close we are to XRP...

XRP is an excellent example of why Market Cap is a terrible way to compare cryptocurrencies against each other.  Apparently this whole rally is being caused by a few people buying large amounts who announced they are doing so, so at whatever point they stop buying those amounts unless there are other people waiting to pick it up this is a very temporary rally and so would be the market cap that goes along with it.

I hope there is real development too and not just a couple doods using their size to lift the price until they've satisfied their needs.

I am sorry for you because you can not enjoy with us our first rally...
Believe me the next time, the experience will getting better and  better ... you get used to it after some time :P

[Riverhead]

While I don't disagree with Adam's thinking I do feel the people that have worked so hard on this product deserve a time of jubilation. There'll be plenty of time for reasoned discourse once the hangovers pass.


Wish I was there to lift a glass with you guys.

[bitbro]

When we beat him with sarcasm and humor - that is the best satisfaction


Sent from my iPhone using Tapatalk

[Calton]

Levine has an interesting point. Clearly the asset class worth buying is the one avoided by those with money... Put another way, if the moneyed individuals are buying an asset, that asset must be trash. Following that logic, I suppose buying trash makes you rich. Off to the junk yard for me.

[MktDirector]

He says with his usual Christmas cheer.  lol.

They're buying because they're the smart money getting in early. They're not buying to lose.  Yes, market cap will go up and market cap will go down. Ultimately it's the long term value of BTSX that matters. 

But that's no reason to not celebrate this milestone - and the rest to come. Go hang with the NXT crowd if you're not in the mood, I'm poppin bottles with BitShares.

[AdamBLevine]

It's really striking how close we are to XRP...

XRP is an excellent example of why Market Cap is a terrible way to compare cryptocurrencies against each other.  Apparently this whole rally is being caused by a few people buying large amounts who announced they are doing so, so at whatever point they stop buying those amounts unless there are other people waiting to pick it up this is a very temporary rally and so would be the market cap that goes along with it.

I hope there is real development too and not just a couple doods using their size to lift the price until they've satisfied their needs.

[biophil]

It's really striking how close we are to XRP...

[Stan]

Finally! My keyboard's F5 key was getting tired.


Excellent news!

Time to pop in a cassette tape with Steppenwolf's Magic Carpet Ride

http://www.youtube.com/watch?v=jZJczZ6gbVU

[Riverhead]

Finally! My keyboard's F5 key was getting tired.


Excellent news!

[MktDirector]

Break open the bubbly and enjoy our brief stop at #4 on our way to the top!