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Quote from: Riverhead on August 10, 2014, 09:43:10 amBitShares-X could rise to #6 today on coinmarketcap.com. PTS up 15% on Bter's 24h sliding window. Things are looking good .BTER people know what's up https://bter.com/article/2278
BitShares-X could rise to #6 today on coinmarketcap.com. PTS up 15% on Bter's 24h sliding window. Things are looking good .
Quote from: donkeypong on July 28, 2014, 03:23:02 pmDamn, I didn't realize the tx fees added up that quickly. With the total supply declining, you're making me feel richer already.A few people pay high fees to register assets. Share supply is declining at a rate of about 86 BTSX / hour.
Damn, I didn't realize the tx fees added up that quickly. With the total supply declining, you're making me feel richer already.
Quote from: currencydebt on July 28, 2014, 07:49:48 amWhy does coinmarketcap say the total supply is 1,999,775,140 BTSX and not 2,000,000,000 BTSX?I think its because a portion of btsx tx fees are destroyed with almost every block
Why does coinmarketcap say the total supply is 1,999,775,140 BTSX and not 2,000,000,000 BTSX?
in addition to BTSX being in the top 10 market cap, it also is currently #4 in volume with ~half a million in trading in the past dayhttp://coinmarketcap.com/currencies/volume/24-hour/#bitshares-x
Quote from: xeroc on July 22, 2014, 06:47:46 amQuote from: Brent.Allsop on July 22, 2014, 04:18:39 amWhere did all the other of the 2 billion shares go?Just a rescale .. If you originally hat 50 BTS you now have 50,000 BTSX .. nothing moreYeah it was a rescale instead of dividing total units into 4 million, 2 million each to AGS & PTS they've divided it into 2 billion units. 1 billion units each to AGS & PTS.So I think 50 BTS is now worth 25 000 BTSX I forget the official reason for the change but I thought it was a good one as it's pretty obvious to me X will have a CAP of a few $billion + pretty soon. So the amount of units will at least make it easier to work with for a while.
Quote from: Brent.Allsop on July 22, 2014, 04:18:39 amWhere did all the other of the 2 billion shares go?Just a rescale .. If you originally hat 50 BTS you now have 50,000 BTSX .. nothing more
Where did all the other of the 2 billion shares go?
So 10% of the shares went to ags and protoshare donators right? Who owns the other 90% of the shares, and when will they be moved into circulation?
Quote from: Empirical1 on July 22, 2014, 02:11:01 amHowever to my knowledge none of the exchanges are accepting deposits yet. No the whole discussion is pointless. Go relist it.It is trading with deposits/withdrawals on BTC38 already.
However to my knowledge none of the exchanges are accepting deposits yet.
Quote from: Simeon II on July 21, 2014, 10:18:45 pmAbout 10% or ~200,000,000 BTSX =1.28*500*(52,349.50+258,761.354799) of the total of 2 Billion shares/coins are currently traded at the exchanges.IMHO, updating to this number now would be even more confusing, than doing nothing.The biggest BTSX holder of course is the AGS fund. I am only guessing about that!So for those that want to know how many shares were initially seeded in the block chain, how many shares are available in circulation now, how many will be moved into circulation, when and why, and who owns the majority of these, where can we get this kind of information?Brent
About 10% or ~200,000,000 BTSX =1.28*500*(52,349.50+258,761.354799) of the total of 2 Billion shares/coins are currently traded at the exchanges.IMHO, updating to this number now would be even more confusing, than doing nothing.The biggest BTSX holder of course is the AGS fund. I am only guessing about that!
Quote from: Simeon II on July 21, 2014, 10:18:45 pmAbout 10% or ~200,000,000 BTSX =1.28*500*(52,349.50+258,761.354799) of the total of 2 Billion shares/coins are currently traded at the exchanges.IMHO, updating to this number now would be even more confusing, than doing nothing.The biggest BTSX holder of course is the AGS fund. I am only guessing about that!So for those that want to know how many shares were initially seeded in the block chain,2 Billion how many shares are available in circulation now,Almost the same. Exact# unknown due to a bug. how many will be moved into circulation,All 2 bil are in circulation when and why, N/Aand who owns the majority of these,Who owns the majority of Bitcoin? i.e. I do not know where can we get this kind of information?What do you mean by this kind of informationBrent
Quote from: clout on July 22, 2014, 12:10:27 amTalking to the Nxt guys it is clearly that the bitshares codebase is substantially better than Nxt's. Nice!
Talking to the Nxt guys it is clearly that the bitshares codebase is substantially better than Nxt's.
Quote from: Brent.Allsop on July 21, 2014, 08:07:17 pmYou want it removed???Sure, there will be bleating, ignorant noise, claiming/thinking it is a scam, but I think any news is good news, and the smart money (and ultimately the long term demonstrably experimental proof) is going to quickly see through and handsomely profit from the mistaken bleating.Have I convinced everyone, or does anyone still think it should be removed?BrentBitShares X has incorrectly/mistakenly listed on Coinmarketcap stating a share supply of 2 Billion but the actual potential supply is probably closer to 10% of that. It would make no sense to list the supply at 10%. The DAC has been launched and the shares are already issued. The problem with the supply is that it should be decreasing based on the burn rateIf it is not removed/corrected or at the very least, people are not made aware of the huge discrepancy on the http://bitshares-x.info/ & on the main forum then BitShares X rather than an honest mistake will now be choosing to knowingly misinform potential investors for the period of time the information remains incorrect. This is a market with only $20,000 in volume. Its not like a lot of ppl are going to trade BitShares X just because it magically appeared on the top 10. People don't just buy a coin because they see it listed on coinmarketcap. People use coinmarketcap to see what new coins are coming out and then investigate for themselves whether they should invest in it. If people buying at these prices find the price drops when some of the other 90% of potential supply (That they are not aware of) hits the exchanges. Then those investors will not be bleating/making ignorant noise, they will be genuine victims imo. How are they genuine victims if they are buying btsx at a lower price than what people paid for during the AGS funding?There's an argument for doing more due diligence but even active members who haven't been around for 3 days struggle to keep up with what's going on - https://bitsharestalk.org/index.php?topic=5884.0 Our marketing has also been poor so the CoinmarketCap listing is the first many people will have seen of X. Yes thats the point. As I mentioned before people don't just automatically jump into a coin because it is on coinmarketcap. Coinmarketcap is PR.I seem to be the only one who takes these PR matters this seriously, so perhaps I am over-reacting. The thing is that the price is going to spike from where it sits now when it hits other exchanges regardless of whether or not coinmarketcap list it. However, listing it now gives people a good reference point of what the price should be. To say that the price is going to go down and stay down is not realistic. I think that a lot of people who got pts early on will dump, but I think the demand primarily from day traders will be enough to offset those sell offs. I day trade cryptos and btsx makes arbitrage possible where it was not possible before. Now you can capitalize on the difference in prices over different exchanges because you can transfer in seconds as opposed to minutes. On the other hand, btsx is trading far below its main competitor Nxt. Talking to the Nxt guys it is clearly that the bitshares codebase is substantially better than Nxt's. On fundamentals the price should be far greater than it is now. The price in my opinion, although some such as Toast disagree, is reflective of the risk and uncertainty of pre trading shares and not reflective of a fair market price for btsx which should be valued higher than the current market suggest. At the end of the day ppl may dump. But that is not a loss but rather a potential gain. Prices will not stay this low for long. If anyone gets in at these prices I think it would be wrong to call them a "victim."
You want it removed???Sure, there will be bleating, ignorant noise, claiming/thinking it is a scam, but I think any news is good news, and the smart money (and ultimately the long term demonstrably experimental proof) is going to quickly see through and handsomely profit from the mistaken bleating.Have I convinced everyone, or does anyone still think it should be removed?Brent
Quote from: Empirical1 on July 21, 2014, 09:12:00 pmBitShares X has incorrectly/mistakenly listed on Coinmarketcap stating a share supply of 2 Billion but the actual potential supply is probably closer to 10% of that. By all means. I re-iterate my call. Can someone provide some kind of URL to some verifiable proof of just how many coins are on the chain, so we can get it updated and validated?And who are the major obvious share holders of what is on the chain, now?Brent allsop
BitShares X has incorrectly/mistakenly listed on Coinmarketcap stating a share supply of 2 Billion but the actual potential supply is probably closer to 10% of that.
I seem to be the only one who takes these PR matters this seriously, so perhaps I am over-reacting.
I know the guy running coinmarketcap.com. He added the total market cap of all crypto currency stat at the bottom, based on my request.Everyone send me any changes that need to be made (such as specific URLs) and I can forward these on to him.Oh, and by the way, if anyone is willing to sell me a lot of BitShare X at anywhere close to that price, please contact me ASAP.Brent
I tried to stop them... =[Sent from my SCH-I535 using Tapatalk
Quote from: jwiz168 on July 21, 2014, 06:45:07 amwe are on top 10Bam ..!
we are on top 10
Quote from: liondani on July 21, 2014, 05:04:53 amBitShareX is on the list !!!...still without market cap
BitShareX is on the list !!!
Quote from: jwiz168 on July 21, 2014, 02:41:01 amI see , so we must wait for the market to be stabilize so we can gauge the true worth of BTSX.Yes, I would wait till the first exchange was letting people deposit and withdraw BTSX from their wallets but that's just me. I don't know how other people feel.
I see , so we must wait for the market to be stabilize so we can gauge the true worth of BTSX.