BTSX is showing itself stronger than Bitcoin

[nomoreheroes7]

Interesting selling pressure as BTC rallies - perhaps folks moving from BTSX to BTC.

I wonder why they're not buying bitBTC?

Actually, there hasn't been much sell pressure at all. It's more important to watch the price movements on btc38 vs the CNY, as that's where 75% of the volume is. And against CNY Bitshares has actually risen today, from the upper .18's to the mid .195's. The problem is with rising BTC price, the BTC price of Bitshares will appear to go down, when in actuality the market cap is rising....

[oldman]

Interesting selling pressure as BTC rallies - perhaps folks moving from BTSX to BTC.

I wonder why they're not buying bitBTC?

Because last time I checked no one was selling at reasonable prices maybe? and I am talking about bitusd bitbtc market..

Need to get those MM bots running...

[mf-tzo]

Interesting selling pressure as BTC rallies - perhaps folks moving from BTSX to BTC.

I wonder why they're not buying bitBTC?

Because last time I checked no one was selling at reasonable prices maybe? and I am talking about bitusd bitbtc market..

[xeroc]

I wonder why they're not buying bitBTC?

People just don't get it ... yet

[oldman]

Interesting selling pressure as BTC rallies - perhaps folks moving from BTSX to BTC.

I wonder why they're not buying bitBTC?

[jsidhu]

Looks like its correlated, todays pump in btc is being accompanied by a buying spree of btsx

Really where? It seems like I'm the only one on a buying spree of BTSX.

http://k.sosobtc.com/btsx_btc38.html

[Mysto]

Where has the BTSX trade volume gone in the last few days?  Its dried up.

That's normal with something that's new and "hyped". Remember when facebook first came out the trading volume was high then it "dried up" for a little. Same thing is going to happen with BTSX.

[James212]

Where has the BTSX trade volume gone in the last few days?  Its dried up.

[Mysto]

Looks like its correlated, todays pump in btc is being accompanied by a buying spree of btsx

Really where? It seems like I'm the only one on a buying spree of BTSX.

[bluebit]

Looks like its correlated, todays pump in btc is being accompanied by a buying spree of btsx

Or it could be a selling of BitUSD for BTSX

[jsidhu]

Looks like its correlated, todays pump in btc is being accompanied by a buying spree of btsx

[bluebit]

If you look at the 30 day chart of BTSX starting on Sep 17th you can see the blue and orange lines separate, on Sep 17th the Bitcoin price was dropping and BTSX is stilling holding it's value

BTSX click on 30 day chart: http://coinmarketcap.com/currencies/bitshares-x/#charts

The same thing also happened with NXT: http://coinmarketcap.com/currencies/nxt/#charts

Sep 17th Bitcoin price falls: http://coinmarketcap.com/currencies/bitcoin/#charts


Other cryptos are just following Bitcoin, very interesting that only BTSX and NXT have been holding there value.