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Offline toast

dat peg doe
« on: September 25, 2014, 07:47:16 PM »

it's beautiful

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Offline xeroc

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Re: dat peg doe
« Reply #1 on: September 25, 2014, 08:13:24 PM »
*agreed* ... let's make those climb to 10M$ and the same with GLD ..

see you in 4 months :)
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Offline Method-X

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Re: dat peg doe
« Reply #2 on: September 25, 2014, 08:16:15 PM »
Is that... $0.30 BTSX I smell on the horizon?

Offline hadrian

Re: dat peg doe
« Reply #3 on: September 25, 2014, 09:03:30 PM »
Nice! Exciting times we have here!

...shame I don't know what "dat peg doe" means!
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Offline oldman

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Re: dat peg doe
« Reply #4 on: September 25, 2014, 09:07:46 PM »
 +5%

I am impressed... congrats to the devs!

Is that... $0.30 BTSX I smell on the horizon?

You really have to wonder how quickly BTSX will climb if bitUSD/CNY/GLD/SLV all start gaining traction simultaneously.

The positive feedback loop would be quite a ride - a few hundred million or a couple billion in each asset would make $10 BTSX a reality very quickly.
« Last Edit: September 25, 2014, 09:13:48 PM by OldMan »

merockstar

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Re: dat peg doe
« Reply #5 on: September 25, 2014, 09:46:17 PM »
Nice! Exciting times we have here!

...shame I don't know what "dat peg doe" means!

slang.

dat = that

peg = peg

doe = though

"that peg though."

*insert anything else that sucks here that you might be talking about and contrast it with* that peg though.

The bologna, salami, and turkey was all rotten and moldy, that chicken though... [damn it was delicious]
« Last Edit: September 25, 2014, 09:48:40 PM by merockstar »

Offline tonyk

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Re: dat peg doe
« Reply #6 on: September 25, 2014, 09:49:03 PM »
Nice! Exciting times we have here!

...shame I don't know what "dat peg doe" means!

slang.

dat = that

peg = peg

doe = though

"...that peg though."

*insert anything else that sucks here that you might be talking about and contrast it with* that peg though.

Thanks,
Good to know, Could not translate the 'doe' part myself.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline fuzzy

Re: dat peg doe
« Reply #7 on: September 25, 2014, 09:51:52 PM »
Nice! Exciting times we have here!

...shame I don't know what "dat peg doe" means!

slang.

dat = that

peg = peg

doe = though

"that peg though."

*insert anything else that sucks here that you might be talking about and contrast it with* that peg though.

The bologna, salami, and turkey was all rotten and moldy, that chicken though... [damn it was delicious]
Lol...well played, Mr.

+%5
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Offline Mysto

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Re: dat peg doe
« Reply #8 on: September 25, 2014, 10:29:08 PM »
 +5% to the title and...


 +5% +5% to dat

Offline luckybit

Re: dat peg doe
« Reply #9 on: September 25, 2014, 11:34:21 PM »
+5%

I am impressed... congrats to the devs!

Is that... $0.30 BTSX I smell on the horizon?

You really have to wonder how quickly BTSX will climb if bitUSD/CNY/GLD/SLV all start gaining traction simultaneously.

The positive feedback loop would be quite a ride - a few hundred million or a couple billion in each asset would make $10 BTSX a reality very quickly.


These numbers are totally unrealistic. I think over 3-5 years it might be realistic to see $10 but not this year or next.
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Offline Riverhead

Re: dat peg doe
« Reply #10 on: September 25, 2014, 11:37:35 PM »
+5%

I am impressed... congrats to the devs!

Is that... $0.30 BTSX I smell on the horizon?

You really have to wonder how quickly BTSX will climb if bitUSD/CNY/GLD/SLV all start gaining traction simultaneously.

The positive feedback loop would be quite a ride - a few hundred million or a couple billion in each asset would make $10 BTSX a reality very quickly.


These numbers are totally unrealistic. I think over 3-5 years it might be realistic to see $10 but not this year or next.

If that's the more conservative view than I am all good with that too :).

Offline oldman

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Re: dat peg doe
« Reply #11 on: September 26, 2014, 02:12:04 AM »
+5%

I am impressed... congrats to the devs!

Is that... $0.30 BTSX I smell on the horizon?

You really have to wonder how quickly BTSX will climb if bitUSD/CNY/GLD/SLV all start gaining traction simultaneously.

The positive feedback loop would be quite a ride - a few hundred million or a couple billion in each asset would make $10 BTSX a reality very quickly.


These numbers are totally unrealistic. I think over 3-5 years it might be realistic to see $10 but not this year or next.

Yes, it will take a couple of years for the platform to mature and bitAssets to compile enough of a history for folks to trust the pegging mechanism.

Once bitAsset demand picks up the rise of BTSX is going to be something to watch - $1 -> $10 will be epic.

I'm still plugging $1/BTSX by Q1 2015.... perhaps $10/BTSX by 2016 if all goes well.
« Last Edit: September 26, 2014, 02:14:09 AM by OldMan »

Offline johncitizen

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Re: dat peg doe
« Reply #12 on: September 26, 2014, 03:22:46 AM »

Offline tonyk

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« Last Edit: September 26, 2014, 03:31:35 AM by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline eagleeye

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Re: dat peg doe
« Reply #14 on: September 26, 2014, 06:46:29 AM »
Technology usually speeds up so bitshares going to $10 dollars very fast could happen in 1.5 years or even sooner.  If it happens sooner it could be unsustainable.

Notice the USD dollar is increasing relative to other major world currencies.  Will lift peoples price to buy at.  The peg will work naturally as water splashes back and forth in a bath tub.

 

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