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Offline bytemaster

$1,000,000 24h Volume, 30% ahead of Nxt
« on: August 21, 2014, 07:14:28 PM »

Another 1st in BitShares History.
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Online Shentist

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Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #1 on: August 21, 2014, 07:16:29 PM »
good point is - it is buying pressure!

Offline donkeypong

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Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #2 on: August 21, 2014, 08:37:10 PM »
If I'm not mistaken, it's a first not only in BitShares history, but in crypto history. Has any other coin (besides Aurora, which was artificially inflated by its airdrop) ever reached Ripple territory?

Offline bytemaster

Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #3 on: August 21, 2014, 08:37:44 PM »
If I'm not mistaken, it's a first not only in BitShares history, but in crypto history. Has any other coin (besides Aurora, which was artificially inflated by its airdrop) ever reached Ripple territory?

Litecoin, Nxt
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Offline tonyk

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Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #4 on: August 21, 2014, 08:42:42 PM »
If I'm not mistaken, it's a first not only in BitShares history, but in crypto history. Has any other coin (besides Aurora, which was artificially inflated by its airdrop) ever reached Ripple territory?

Litecoin, Nxt

Bitcoin, Nxt
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline luckybit

Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #5 on: August 21, 2014, 08:56:24 PM »
If I'm not mistaken, it's a first not only in BitShares history, but in crypto history. Has any other coin (besides Aurora, which was artificially inflated by its airdrop) ever reached Ripple territory?

Litecoin, Nxt

Dogecoin was pretty high at one point too. The big news will be if Bitshares can defeat Litecoin. Litecoin has been in that spot for a long time.
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Offline tonyk

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Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #6 on: August 21, 2014, 08:59:57 PM »
We are creating more work for coinmarketcap.com and the likes.

Soon enough they will have to add the bitUSD volumes to this number... and where will they find this info if every merchant is accepting it... ;)
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline donkeypong

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Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #7 on: August 21, 2014, 09:55:53 PM »
OK, so I was wrong. I didn't count Litecoin, anyway, which has been a fixture. THAT will be a coup.

Offline yellowecho

Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #8 on: August 21, 2014, 09:58:57 PM »
Dogecoin was pretty high at one point too. The big news will be if Bitshares can defeat Litecoin. Litecoin has been in that spot for a long time.

I'm confident BTSX can pass LTC... in fact, I'm confident enough to short LTC  ;D
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Offline liondani

Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #9 on: August 21, 2014, 10:05:57 PM »
Dogecoin was pretty high at one point too. The big news will be if Bitshares can defeat Litecoin. Litecoin has been in that spot for a long time.

I'm confident BTSX can pass LTC... in fact, I'm confident enough to short LTC  ;D

good move but have a good backup behind for the margin calls (very volatile)
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Offline Riverhead

Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #10 on: August 21, 2014, 10:16:12 PM »
At current BTC prices we'd only have to go from $0.02 to $0.08 to be in LTC's backyard. That is very likely and frankly setting expectations low.

Offline tonyk

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Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #11 on: August 21, 2014, 10:23:18 PM »
At current BTC prices we'd only have to go from $0.02 to $0.08 to be in LTC's backyard. That is very likely and frankly setting expectations low.

What are you saying. Will be done in~4 days?
But yellowecho can not short LTC before Monday... so many lost opportunities.  :)

I'm confident BTSX can pass LTC... in fact, I'm confident enough to short LTC  ;D
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Riverhead

Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #12 on: August 21, 2014, 10:58:18 PM »
Maybe not in four days. All bets are off until the market goes live.

Offline MktDirector

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Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #13 on: August 21, 2014, 11:33:03 PM »
I have never been into predicting anything, but hey, I'll take a stab at it:

I predict that as we approach the market cap of litecoin, litecoin will fall, and fall fast.  (see video on facebook of Dan and Vitalik discussing such an event).  The industry at large will be discussing what BitSharesX is and it's relative value to litecoin. Many will attempt to justify litecoin's high value, and come up short. We'll likely meet in the "middle," do a quick dance, and leave litecoin breathless as we head towards the big papa. Bitcoin.  There you have it for all posterity.

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Offline Riverhead

Re: $1,000,000 24h Volume, 30% ahead of Nxt
« Reply #14 on: August 21, 2014, 11:56:46 PM »
I may be right, I may be wrong, but I'm always havin fun.
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