Author Topic: Poll about Bitshares-Bitcoin diversification.  (Read 5980 times)

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Offline cass

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So jealous of you 100% BTSXers right now.

I've gone from 50/50 to 60/40 as btc has tanked this week. 

I cannot imagine how painful this would be to a 100% bitcoiner.

The only bad thing in not having any BTC is that I could not load more DNS this morning....and this train is departing also.

same here^^
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline hpenvy

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So jealous of you 100% BTSXers right now.

I've gone from 50/50 to 60/40 as btc has tanked this week. 

I cannot imagine how painful this would be to a 100% bitcoiner.

The only bad thing in not having any BTC is that I could not load more DNS this morning....and this train is departing also.

Thank you for the reminder, dropped another few BTC on it.
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Offline tonyk

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So jealous of you 100% BTSXers right now.

I've gone from 50/50 to 60/40 as btc has tanked this week. 

I cannot imagine how painful this would be to a 100% bitcoiner.

The only bad thing in not having any BTC is that I could not load more DNS this morning....and this train is departing also.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline hpenvy

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I moved to 90% recently Bitshares, I keep 10% just in case a major spike comes along down the road.
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Offline Ander

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So jealous of you 100% BTSXers right now.

I've gone from 50/50 to 60/40 as btc has tanked this week. 

I cannot imagine how painful this would be to a 100% bitcoiner.


https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline jack_night2

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Bitcoin right now is like a slow motion car crash. Its rather fun to watch given that I got out of it months ago.

I buy bitcoin at a low price so that in the future when the price will have a profit. I do not think that BTC is slowly destroyed. Price change Bitcoins on this site http://mining-profit.com/ convinces us that soon it will grow. For risk insurance bought some BTSX.
« Last Edit: September 29, 2014, 08:41:28 am by jack_night2 »

chryspano

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right now I'm 50%-50% and the only thing that stops me from going 90% bitshares is the possibility of one last pump in bitcoin price.
What do you think will happen with bitshares price in the middle of a bitcoin pump?


Sent from my ALCATEL ONE TOUCH 997D

My guess is that there will be a window of opportunity to buy more bitshares with the overvalued bitcoin for some time, bitshares will not loose their USD(FIAT) value but obviously their btc valuation will drop for some time, price finally will rise even higher than what it's today as  MeTHoDx already mentioned.

Bitcoin is starting to look like a huge pump and dump, it starts to get annoying.

Speaking of pumps we can't have another one for bitcoin under normal circumstances, general adoption is not happening and only speculators/price manipulators  could drive the price up, or an event like Cyprus maybe(Now they have a better way to steal your money, they just ask you to pay them rent for YOUR home and property, no more complains about bank account confiscations, you are just paying another "normal" tax in monthly payments, you live in Greece you can see what is happening)

Just my random thoughts, I'm sure I miss lots of the pieces of the puzzle.

ps
I was 50-50 but now I'm 80% Bitshares 20% Bitcoin and it feels really good!



Offline xeroc

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What do you think will happen with bitshares price in the middle of a bitcoin pump?
A few days ago I would have guess for tanking .. so that investors can jump on the boat which rises faster .. but with the tanking of bitcoin they might be more cautious

Offline liondani

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right now I'm 50%-50% and the only thing that stops me from going 90% bitshares is the possibility of one last pump in bitcoin price.
What do you think will happen with bitshares price in the middle of a bitcoin pump?


Sent from my ALCATEL ONE TOUCH 997D


Offline Mysto

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Stupid Coinbase. Bought at 400 and now gotta wait several days while it drops in value. I need to bite the bullet and use an exchange, but I hate giving these companies my account numbers..

I'm about 90% BTSX, 10% BTC.
Coinbase is the worst part of the whole process. You have to predict where the market will be in 4 days or you're screwed.

Offline roadscape

Stupid Coinbase. Bought at 400 and now gotta wait several days while it drops in value. I need to bite the bullet and use an exchange, but I hate giving these companies my account numbers..

I'm about 90% BTSX, 10% BTC.
http://cryptofresh.com  |  witness: roadscape

Offline xeroc

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Offline mf-tzo

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I am pretty sure that if bitcoin goes to $1,500 more new people will invest and many of those existing bulls will find excuses not to get out...Media buzz, emotions and forgetting economic fundamentals and follow others is also always very funny to watch.

I got my 1st bitcoin @ 100 and was scared..When it was $850 I wasn't scared at all, I invested more and convinced others to follow as well because I was certain it would go to $3,000.

At least at that time I discovered PTS so I have diversified a bit to something more valuable and I was partially saved... So I think that now we are in a situation where BTSX is close to bottom with huge upside potential. Bitcoin's bottom will be when and if it is $100 again.

Offline Method-X

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Bitcoin right now is like a slow motion car crash. Its rather fun to watch given that I got out of it months ago.

Read the daily discussion threads in /r/BitcoinMarkets... It's sad man. So many perma bulls who won't give up hope. I kinda want bitcoin to bubble one more time just to give those guys a chance to get out.

Offline speedy

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Bitcoin right now is like a slow motion car crash. Its rather fun to watch given that I got out of it months ago.

Offline cryptillionaire

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100% BTSX
I see a strong future in btsx, especially with the potential for hundreds of market pegged trading pairs, and the delegate campaigns begining to be very competitive.

Offline bobohuy

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I invest 90% in BTSX and PTS,  10% in Ethereum, not sure how to vote :).
For investment, agree on never invest more than you can afford (I lost 25% of my investment on MZC :( , funny that I so stubborn that  I still keep them)
« Last Edit: September 28, 2014, 10:01:56 am by bobohuy »

chryspano

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I will give you guys some advices of what I have learned over the past year that I have discovered Bitcoin. And I am very newbie in crypto compared to most of you but it did actually worked for me...

Rule 1: I never invested more in cryptos than I could afford to lose. This is a mistake...I wish I could have invested way much more back when bitcoins was $100...

Rule 2: I always thought that if I choose some altcoins with good prospects  their appreciation if bitcoin was to appreciate would be much greater... My initial investment was 10 btc @ 100. I sold them day one and invested in XRPs, WDC, FTC, PPC, XPM, few LTC few NXTs later on... When btc was x10 from my original price the others went x15 at least from back then. I made many bad choices and missed many trains by selling very low especially with LTC, NXT, or believing and keeping FTC, PPC and XPMs for no reason for way too long...
Surprisingly I made the most money from WDC...lol...


Considering that all the mentioned altcoins are completely crap compared to BTSX and the other I3 DACs that are coming out, I am pretty sure that BTSX will appreciate WAY WAY much more than Bitcoin. If bitcoin for any reason dies now, all the other coins will definitely die. BTSX also will depreciate but will only die if BTSX whales suddenly dump their shares which I don't see it very likely to happen...

So all in all, if you believe bitcoin to be again x2 from current price, I see absolutely no reason why BTSX will not be at least x5 x10 x15 from current levels...
Never held any bitcoin for more than 1 month and I doubt I will ever keep one.I always thought that Bitcoin was like Napster since day one and surprisingly coindesk just published an article comparing bitcoin to Napster recently...

So if there are any bitcoin whales in here don't think about it too much and just jump on the train...

On 2nd thought, actually maybe don't jump in as yet...I need to increase my BTSX shares first at these levels, since I have a very bad tendency on spending my money on holidays and alcohol and I am always broke..lol...

I'm more optimistic about what will happen to bitshares if/when bitcoin goes down but I generally agree :-)

I will partially disagree with rule 1, you probably did your research and you saw great potential at this price but there are lots of people out there that have absolutely no clue about what they are doing, when people ask me I tell them that as a start they should see cryptocurrencies like a high yield high chance to win gambling game.

ps
I think it could be a great idea to keep spending money on holidays and alcohol, I think lots of people here would agree with this! just stay away from our btsx  :D

 

Offline mf-tzo

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I will give you guys some advices of what I have learned over the past year that I have discovered Bitcoin. And I am very newbie in crypto compared to most of you but it did actually worked for me...

Rule 1: I never invested more in cryptos than I could afford to lose. This is a mistake...I wish I could have invested way much more back when bitcoins was $100...

Rule 2: I always thought that if I choose some altcoins with good prospects  their appreciation if bitcoin was to appreciate would be much greater... My initial investment was 10 btc @ 100. I sold them day one and invested in XRPs, WDC, FTC, PPC, XPM, few LTC few NXTs later on... When btc was x10 from my original price the others went x15 at least from back then. I made many bad choices and missed many trains by selling very low especially with LTC, NXT, or believing and keeping FTC, PPC and XPMs for no reason for way too long...
Surprisingly I made the most money from WDC...lol...


Considering that all the mentioned altcoins are completely crap compared to BTSX and the other I3 DACs that are coming out, I am pretty sure that BTSX will appreciate WAY WAY much more than Bitcoin. If bitcoin for any reason dies now, all the other coins will definitely die. BTSX also will depreciate but will only die if BTSX whales suddenly dump their shares which I don't see it very likely to happen...

So all in all, if you believe bitcoin to be again x2 from current price, I see absolutely no reason why BTSX will not be at least x5 x10 x15 from current levels...
Never held any bitcoin for more than 1 month and I doubt I will ever keep one.I always thought that Bitcoin was like Napster since day one and surprisingly coindesk just published an article comparing bitcoin to Napster recently...

So if there are any bitcoin whales in here don't think about it too much and just jump on the train...

On 2nd thought, actually maybe don't jump in as yet...I need to increase my BTSX shares first at these levels, since I have a very bad tendency on spending my money on holidays and alcohol and I am always broke..lol...

 

Offline Method-X

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I'm curious about what most people think, right now I'm 50%-50% and the only thing that stops me from going 90% bitshares is the possibility of one last pump in bitcoin price.

Just vote only for your bts-btc allocation, leave any other crypto out of the equation.

This was my logic as well! I went 100% BitShares when I realized any last bitcoin pump would affect BitShares X as well. Look at some of the alts on coinmarketcap at the time of the last bubble. All the alts which were considered "top 2.0 contenders" experienced larger growth relative to bitcoin. If bitcoin gets pumped 5x its current price, BitShares X will go up 8x.

In my opinion, bitcoins bubble cycles are over with. The next massive "bubble" will occur within an alt and I'm confident BitShares X is in the running for just that. :)

So true! I somewhat feel like an idiot, you just smashed the last reason(maybe it was an excuse I had) to hold bitcoin.

As xeroc said....
panic buy btsx mode ON

Bitcoin is like the first girlfriend you had as a teenager. You'll never forget her.

Blockchain technology has a bright future ahead of it. Free yourself of the Bitcoin tribe and join the broader movement.  :)

Offline BldSwtTrs

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My crypto portofolio has 31% BTC and 34% BTSX. BTSX used to be way lower and BTC higher but the price increase has changed the proportion and I don't plan to reallocate.

Unlike most people here I don't think BTC is doomed. I think it will be the gold standard of the future. I don't see BTC and BTSX as a competitors, the potential value of the market is so big that there will be room for several blockchains.
« Last Edit: September 27, 2014, 08:04:33 pm by BldSwtTrs »

Offline gamey

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This was my logic as well! I went 100% BitShares when I realized any last bitcoin pump would affect BitShares X as well. Look at some of the alts on coinmarketcap at the time of the last bubble. All the alts which were considered "top 2.0 contenders" experienced larger growth relative to bitcoin. If bitcoin gets pumped 5x its current price, BitShares X will go up 8x.


Yep increased interest in bitcoin will have people seek out next big thing.  I haven't looked at charts etc, but I have been operating under this assumption. 
I speak for myself and only myself.

chryspano

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I'm curious about what most people think, right now I'm 50%-50% and the only thing that stops me from going 90% bitshares is the possibility of one last pump in bitcoin price.

Just vote only for your bts-btc allocation, leave any other crypto out of the equation.

This was my logic as well! I went 100% BitShares when I realized any last bitcoin pump would affect BitShares X as well. Look at some of the alts on coinmarketcap at the time of the last bubble. All the alts which were considered "top 2.0 contenders" experienced larger growth relative to bitcoin. If bitcoin gets pumped 5x its current price, BitShares X will go up 8x.

In my opinion, bitcoins bubble cycles are over with. The next massive "bubble" will occur within an alt and I'm confident BitShares X is in the running for just that. :)

So true! I somewhat feel like an idiot, you just smashed the last reason(maybe it was an excuse I had) to hold bitcoin.

As xeroc said....
panic buy btsx mode ON

Offline Method-X

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and .. I got 10$ worth of bitcoin from circle .. not gonna hodl :)

Hahaha!  +5%

Offline xeroc

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I just noticed a part (<10%) of my funds are PTS .. gonna HODL :)

and .. I got 10$ worth of bitcoin from circle .. not gonna hodl :)

Offline matt608

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I doubled my BTSX holding today up to 15%.  The other 85% is still in BTC. 

Offline xeroc

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panic buy btsx!!!!
panic sell btc ... nice match :)

Offline Ander

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Now watch bitcoin dump to 350 before I can buy more BTSX with it...
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Offline Ander

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The trust that the community here has in bitshares is amazing.   

Went from 30% BTSX to 40% yesterday.  I had been thinking I was done, but now I want to go to 50/50.

Watching bitcoin drop right now while btsx rises...Tony must be loving his position right now!
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Offline Mysto

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I'm not 100% yet but I'm working on it...
Plus it gives me time to learn more about BTSX as I increase my stake. And let me tell you the more I learn the easier it is to sell my BTC for BTSX.

Offline Method-X

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I'm curious about what most people think, right now I'm 50%-50% and the only thing that stops me from going 90% bitshares is the possibility of one last pump in bitcoin price.

Just vote only for your bts-btc allocation, leave any other crypto out of the equation.

This was my logic as well! I went 100% BitShares when I realized any last bitcoin pump would affect BitShares X as well. Look at some of the alts on coinmarketcap at the time of the last bubble. All the alts which were considered "top 2.0 contenders" experienced larger growth relative to bitcoin. If bitcoin gets pumped 5x its current price, BitShares X will go up 8x.

In my opinion, bitcoins bubble cycles are over with. The next massive "bubble" will occur within an alt and I'm confident BitShares X is in the running for just that. :)

Offline mf-tzo

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Quote
I am about 100% BTSX and 30% short BTC... could not decided how should I vote per the poll though...

Hahahahaha!!!! +5% +5% +5% +5%

Offline xeroc

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I am about 100% BTSX and 30% short BTC... could not decided how should I vote per the poll though...
I almost spit my breakfast onto my monitor!  +5%

chryspano

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I am about 100% BTSX and 30% short BTC... could not decided how should I vote per the poll though...

It sounds like 100% bitshares to me

Offline tonyk

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I am about 100% BTSX and 30% short BTC... could not decided how should I vote per the poll though...
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

chryspano

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I'm curious about what most people think, right now I'm 50%-50% and the only thing that stops me from going 90% bitshares is the possibility of one last pump in bitcoin price.

Just vote only for your bts-btc allocation, leave any other crypto out of the equation.