181
Muse/SoundDAC / Re: NOTE Price discussion
« on: April 01, 2015, 06:35:26 am »NOTES release: yet another way for PTS bears to get some more BTS that they will be able to dump.
Also: NOTES. Yet another thing the Bitshares community blew all their money on that wasn't Bitshares, resulting in the price of Bitshares going into a neverending bear trend. Also see: PLAY.
lol PeerTracks has laughably more going for it than PLAY. I'm trading NOTES because I believe it has potential to solve a lot of problems within the music industry while challenging the Spotify model IF done properly. << So let's examine this theory briefly. Currently Spotify has an estimated market cap of ~$4Billion.. while I believe (and correct me if I'm wrong here) NOTES have ~3.5 million based on recent trading. That means Spotify is valued at 1,143X the value of the service NOTES and PeerTrack can offer. My trading is calling shenanigans on that valuation. The trade can be seen as shorting Spotify or shorting BTS but regardless there're odds I'm willing to take based purely on confidence of the Peertracks team and the underlying technology offered by BitShares,