A good quote from Paul Tudor Jones "Do the trade that makes you wan't to puke"... I havn't seen many BTS bulls looking for the barf bags lately
Really? When I bought at .90 CNY at the start of october I felt so bad I wanted to die. And I feel about the same now, and I have a buy order in.
Prices are back where they were before bitassets were even released. Essentially the market is discounting everything that has happened in bitshares since the summer.
Its so bad, that I have learned not to market buy, and not even to put in a limit order at the current offer price, but to put an order 5% under the current offer. Because no matter how ridiculous I think the price is, those buys below the offer ALWAYS get hit. Dumpers always come in and push the price down 5-10% in one large sell.
I think the main problem is that there are probably only a hundred or so people in the world that actually understand the BTS paid delegates plan, and its benefits, and all of us are on this message board. And there are thousands of crypto investors out there who bought BTS who have literally no clue what is going on with it, and they just see 'dilution' and the price declining, and they just dump and dump.
At this point we really need the marketing campaign, we need the bitshares info website back up, and we need press releases explaining what has happened and what is coming next, and getting people interested and researching bitshares again. Once this happens we should get a lot of buying power and the price should rise. Until it happens we will just keep going lower.