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General Discussion / Re: Bitshares price discussion
« on: November 02, 2015, 08:55:13 pm »
Bitshares is official below Peercoin. What does that tell you?
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I bet it was the news of the hardfork coming on Wednesday... shoot first ask questions later.
I think it was actually btc rallying really hard, which lead to panic among those who had margin longs, who started dumping and ended up wiping out the entirety of the buy support on polo, but support hit 21 btc at one point after literally everyone who was on margin got margin called at once.
How do you know "everyone" was wiped out who was on margin? Does polo publish the short ratio?
If this dump wiped out a bunch of long term hodlers... there is a very real chance it is "THE" bottom. Markets always go in the direction that causes the most pain... Down when there are lots of longs, and up after leaving bulls behind at the bottom.
I am im contact with yunbi devs .. they are working on it
I just lost all my bts because I was margin long in polo..
That is the pain you feel when you support blindly something I suppose instead of day trading like most people..
The luck of support at these levels is just so disappointing..
So atm people would prefer Bond or Prediction markets? I'm curious. What do you think would bring in more liquidity? I would go with bond markets. Augur already has all the media, etc, it would be a waste to build something and compete atm. Bond markets make more sense imo.
I think we need both gambling and prediction markets.
So I think if BitShares is struggling to gain traction it should re-look at introducing gambling at the blockchain level.