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Quote from: btswildpig on August 08, 2015, 04:37:29 amQuote from: ag on August 08, 2015, 04:00:09 amQuote from: btswildpig on August 08, 2015, 12:24:10 amQuote from: davidpbrown on August 07, 2015, 10:13:37 pmOn the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!The beginning of a bull market must come from a place where people are scared to buy more . In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "I never heard that saying. And it doesn't make any sense?It is logical: demand increase --> price increase. And Not what you propose!!Ask anyone who knows about stock market . This phenomenon happens in the middle and near the end of a bear market , where people who still trying to grab the bottom and failed . The signal is not about "all people" , is about most people . If there is a bull market in play , the manipulators with deep pockets will suppress the price further more in order to gain more leverage in the bull market . The process is also called "dishwashing" in some place , which means exactly like that ------ The manipulators will drive the price up and down and make most people sell their stock and collect them all . When they figure out that not many people will be selling , also not many people will be buying other than him , they will finally drive the price up . That's where the old saying come from. And that's why bull market has cycles instead of sustaining forever . In any speculative market with high P/E ration , the pattern will be the same . Because in these markets most demands are temporary driven by speculative drive instead of organic demand . Demand increase doesn't mean price increase . You have to account for the volume and people who are waiting to sell . If there are 2 million USD sell pressure waiting(actually there are) , by your logic even if the demand increase by 2 million USD , because it counters the sell pressure , it won't affect the price . What is a bull market ? -----Bull market means most people lost their leverage while big money has it all , and big money allows s small percent of people to hold their leverage because most ordinary people don't have the ability to exit at the right place in a bull market , so the selling pressure would be gone while the big money drives it up . "The price will be increased by demand" , that's not in any serious textbook . The right term should be ----"The price is driven by the supply-demand relationship" . It's a dynamic process .I was want you to know I just took a screenshot of this post. Incredibly well stated, sir.
Quote from: ag on August 08, 2015, 04:00:09 amQuote from: btswildpig on August 08, 2015, 12:24:10 amQuote from: davidpbrown on August 07, 2015, 10:13:37 pmOn the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!The beginning of a bull market must come from a place where people are scared to buy more . In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "I never heard that saying. And it doesn't make any sense?It is logical: demand increase --> price increase. And Not what you propose!!Ask anyone who knows about stock market . This phenomenon happens in the middle and near the end of a bear market , where people who still trying to grab the bottom and failed . The signal is not about "all people" , is about most people . If there is a bull market in play , the manipulators with deep pockets will suppress the price further more in order to gain more leverage in the bull market . The process is also called "dishwashing" in some place , which means exactly like that ------ The manipulators will drive the price up and down and make most people sell their stock and collect them all . When they figure out that not many people will be selling , also not many people will be buying other than him , they will finally drive the price up . That's where the old saying come from. And that's why bull market has cycles instead of sustaining forever . In any speculative market with high P/E ration , the pattern will be the same . Because in these markets most demands are temporary driven by speculative drive instead of organic demand . Demand increase doesn't mean price increase . You have to account for the volume and people who are waiting to sell . If there are 2 million USD sell pressure waiting(actually there are) , by your logic even if the demand increase by 2 million USD , because it counters the sell pressure , it won't affect the price . What is a bull market ? -----Bull market means most people lost their leverage while big money has it all , and big money allows s small percent of people to hold their leverage because most ordinary people don't have the ability to exit at the right place in a bull market , so the selling pressure would be gone while the big money drives it up . "The price will be increased by demand" , that's not in any serious textbook . The right term should be ----"The price is driven by the supply-demand relationship" . It's a dynamic process .
Quote from: btswildpig on August 08, 2015, 12:24:10 amQuote from: davidpbrown on August 07, 2015, 10:13:37 pmOn the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!The beginning of a bull market must come from a place where people are scared to buy more . In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "I never heard that saying. And it doesn't make any sense?It is logical: demand increase --> price increase. And Not what you propose!!
Quote from: davidpbrown on August 07, 2015, 10:13:37 pmOn the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!The beginning of a bull market must come from a place where people are scared to buy more . In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "
On the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!
Quote from: btswildpig on August 08, 2015, 01:00:24 amQuote from: lil_jay890 on August 08, 2015, 12:27:09 amQuote from: btswildpig on August 08, 2015, 12:24:10 amQuote from: davidpbrown on August 07, 2015, 10:13:37 pmOn the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!The beginning of a bull market must come from a place where people are scared to buy more . In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "You have talked a lot about this "K Chart". Anywhere I can go and read up about it?K-chart is the "candle" chart in every exchange ..... red ...green ...ring a bell ? I think the more common term would be "Candlesticks chart" , or "K line graph" ?Haha I know japanese candle stick charts very well. I just never heard of it referred to as the K-chart... And here I thought you were using some proprietary indicator.
Quote from: lil_jay890 on August 08, 2015, 12:27:09 amQuote from: btswildpig on August 08, 2015, 12:24:10 amQuote from: davidpbrown on August 07, 2015, 10:13:37 pmOn the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!The beginning of a bull market must come from a place where people are scared to buy more . In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "You have talked a lot about this "K Chart". Anywhere I can go and read up about it?K-chart is the "candle" chart in every exchange ..... red ...green ...ring a bell ? I think the more common term would be "Candlesticks chart" , or "K line graph" ?
Quote from: btswildpig on August 08, 2015, 12:24:10 amQuote from: davidpbrown on August 07, 2015, 10:13:37 pmOn the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.tldr; buy while it's cheap!The beginning of a bull market must come from a place where people are scared to buy more . In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "You have talked a lot about this "K Chart". Anywhere I can go and read up about it?
Quote from: btswildpig on August 07, 2015, 09:30:57 amWhich is , the move of the price generates and confirms expectations , not the other way around . Speculative drive is and always will be a main factor in the price . MONEY don't know what is 1 sec confirmation time , nor does he care . And USERS don't have money to maintain a certain price forever . This.
Which is , the move of the price generates and confirms expectations , not the other way around . Speculative drive is and always will be a main factor in the price . MONEY don't know what is 1 sec confirmation time , nor does he care . And USERS don't have money to maintain a certain price forever .
BTS != money .. its stock and I know for a fact that people just don't know what BTS is all about (is it not yet another altcoin?!)bitUSD = money .. and no-one cares about it's "price" (some do about its value, but that is out of our hands)
Quote from: matador123 on August 07, 2015, 02:45:32 amI think people need to stop freaking out over the price so much. Everything right now is basically pure speculation until BitShares 2.0 comes out. Is anyone really surprised that the price is so low when BitShares 2.0 hasn't actually be implemented or proven yet? The ideas are amazing but unless there is a product that works then there's no real reason it SHOULD be valued any higher. If you look at any crypto 2.0 project you can see that they all take much longer than expected to implement in a good way. Ethereum is the best example of this besides BTS. They were the golden child of crypto 2.0 for a long time, at a time when BitShares was having all kinds of problems and criticisms, and in recent months Ethereum has started to experience many of those problems themselves. Nobody is immune to it. Such is the nature of this industry. We're all exploring new territory here. It's not gonna be a quick and easy process. That being said, even if (and possibly when) some of the other crypto 2.0 projects start climbing in value more quickly than BTS does, I'm not going to be extremely worried. Yes, market cap is generally a good indicator of the success of a crypto project, but BTS is essentially different from ANY other project that's on the market right now. It is a totally new model for a decentralized business. In many ways it borrows features from centralized businesses, and in many ways it borrows decentralization features that were pioneered by Bitcoin. That's why I always like the DAC moniker. It might not be the best term to use for legal purposes, but in many ways it's a great descriptor of BTS. BTS offers financial products, and our growth is going to depend on having solid software that allows for WORKING financial products that provide UTILITy. If that mission is accomplished, people will use the products, and REAL, SUSTAINABLE, NON-SPECULATIVE growth will follow from there. This is exactly what I think.
I think people need to stop freaking out over the price so much. Everything right now is basically pure speculation until BitShares 2.0 comes out. Is anyone really surprised that the price is so low when BitShares 2.0 hasn't actually be implemented or proven yet? The ideas are amazing but unless there is a product that works then there's no real reason it SHOULD be valued any higher. If you look at any crypto 2.0 project you can see that they all take much longer than expected to implement in a good way. Ethereum is the best example of this besides BTS. They were the golden child of crypto 2.0 for a long time, at a time when BitShares was having all kinds of problems and criticisms, and in recent months Ethereum has started to experience many of those problems themselves. Nobody is immune to it. Such is the nature of this industry. We're all exploring new territory here. It's not gonna be a quick and easy process. That being said, even if (and possibly when) some of the other crypto 2.0 projects start climbing in value more quickly than BTS does, I'm not going to be extremely worried. Yes, market cap is generally a good indicator of the success of a crypto project, but BTS is essentially different from ANY other project that's on the market right now. It is a totally new model for a decentralized business. In many ways it borrows features from centralized businesses, and in many ways it borrows decentralization features that were pioneered by Bitcoin. That's why I always like the DAC moniker. It might not be the best term to use for legal purposes, but in many ways it's a great descriptor of BTS. BTS offers financial products, and our growth is going to depend on having solid software that allows for WORKING financial products that provide UTILITy. If that mission is accomplished, people will use the products, and REAL, SUSTAINABLE, NON-SPECULATIVE growth will follow from there.
Quote from: Riverhead on August 07, 2015, 02:28:21 amTonyk is not a FUDer. He has contributed a lot over the years. His current posts are negative but they come from his true feelings; not a desire to spread FUD.Once the bear market turns around and BTS starts to gain traction people's outlook will improve.Hang in there, everyone. Each day brings us closer. Tonyk is a genius, not an FUDer. Anyone suggesting otherwise undervalues the depth of tonyk's passion for this project + his many contributions to our understanding of BitShares and of life on this planet. He's a little more honest than some of us. Frankly, I don't see any reason to comment on krills; this poster has never written anything worth reading, let alone demanding of a response. By the way, "krill" is already plural; you don't need an 's'. Your English lesson for the day.
Tonyk is not a FUDer. He has contributed a lot over the years. His current posts are negative but they come from his true feelings; not a desire to spread FUD.Once the bear market turns around and BTS starts to gain traction people's outlook will improve.
BM saying that 90% of the code is finished in early June has bothered me too for the past month, it definitely made it seem like 2.0 was closer to ready than it probably was, and then the Bond Market gets pushed back to 2.1 so it seemed that that last 10% was just reduced further. I have since discovered the ninety-ninety rule...QuoteNinety-ninety ruleIn computer programming and software engineering, the ninety-ninety rule is a humorous aphorism that states:The first 90 percent of the code accounts for the first 90 percent of the development time. The remaining 10 percent of the code accounts for the other 90 percent of the development time.—Tom Cargill, Bell Labs... as it turns out with the anticipation and cheap prices I've ended up with more BTS than I have ever had.
Ninety-ninety ruleIn computer programming and software engineering, the ninety-ninety rule is a humorous aphorism that states:The first 90 percent of the code accounts for the first 90 percent of the development time. The remaining 10 percent of the code accounts for the other 90 percent of the development time.—Tom Cargill, Bell Labs
Quote from: Krills on August 07, 2015, 02:58:50 amlook at the ui of 2.0.that is shit.i know the reason why bts kept falling.coz dev suckFUD failed
look at the ui of 2.0.that is shit.i know the reason why bts kept falling.coz dev suck
Quote from: brownie.pts on August 05, 2015, 07:12:41 pmI think you need a HUG.I am waist high in shit (somewhat brownie stuff) as it is. So, thanks but no.
I think you need a HUG.
Quote from: Helikopterben on August 06, 2015, 05:33:07 pmYou sold at the bottom. Look at ethereum, maidsafe, ect. Bitshares is on pace with most other 2.0 projects, and bitshares is the most undervalued right now IMHO. I have a feeling ether will be overhyped and overpriced to begin with considering their stage of development. It should be an interesting 2nd half of 2015 with the launch of ethereum frontier and bitshares 2.0. 2016 is shaping up to be spectacular, similar to bitcoin in 2013. I look forward to watching the fireworks.I think this statement is said every year and every year has been a disappointment...
You sold at the bottom. Look at ethereum, maidsafe, ect. Bitshares is on pace with most other 2.0 projects, and bitshares is the most undervalued right now IMHO. I have a feeling ether will be overhyped and overpriced to begin with considering their stage of development. It should be an interesting 2nd half of 2015 with the launch of ethereum frontier and bitshares 2.0. 2016 is shaping up to be spectacular, similar to bitcoin in 2013. I look forward to watching the fireworks.
Bitshares is on pace with most other 2.0 projects, and bitshares is the most undervalued right now IMHO
Quote from: BitEnthusiast on August 05, 2015, 10:14:46 pmThe only thing I regret is not having money to buy more BTS at this price. Right now I'm broke as shit because I have no job right now, but I'm going to be patient and see what the future beholds for Bitshares.lmaoAre you me?
The only thing I regret is not having money to buy more BTS at this price. Right now I'm broke as shit because I have no job right now, but I'm going to be patient and see what the future beholds for Bitshares.
Quote from: Tuck Fheman on August 05, 2015, 09:12:05 pmQuote from: brownie.pts on August 05, 2015, 08:38:57 pmI didn't mean from me, TK. I'm an arbitrary social currency, not a person. Just look at my avatar - I barely have one arm. Anyways...hang in there. HUGS!I need some clarification, does a one arm grasp actually qualify as a hug? I mean, I've read all the Cosmo articles on hugging and I seem to remember something about one arm hugs being a sign of trouble in the relationship (Disclaimer : depending upon where it originates). Actually, you don't need any arms to hughttp://www.dailymail.co.uk/news/article-3178095/Touching-moment-armless-three-year-old-girl-meets-hugs-pilot-condition.html
Quote from: brownie.pts on August 05, 2015, 08:38:57 pmI didn't mean from me, TK. I'm an arbitrary social currency, not a person. Just look at my avatar - I barely have one arm. Anyways...hang in there. HUGS!I need some clarification, does a one arm grasp actually qualify as a hug? I mean, I've read all the Cosmo articles on hugging and I seem to remember something about one arm hugs being a sign of trouble in the relationship (Disclaimer : depending upon where it originates).
I didn't mean from me, TK. I'm an arbitrary social currency, not a person. Just look at my avatar - I barely have one arm. Anyways...hang in there. HUGS!
BTS has not produced any results till October of last year. Yet its price is surprisingly stable…. Did you remember that the devs stopped working on it (BTS 0.x.x) and started producing the next big thing with 0.001 blocks/sec time somewhere during the winter (north hemisphere winter of ’15, that is!)Anyway, sometimes this summer the main team did came (like 2 mo. ago) with big news/promises. – 90% ready code…blazing fast, cute new floating percent signatures, affiliate program etc. etc. ( And by the way I am the winner of that thread – it was indeed great promises and nothing at the moment…but I am drifting to a thread that nobody read then or remembers now).So, instead of working on those new great things the intellectual leader of “dream big deliver nothing” decided to not work on those great new things (90% ready, mind you) but count its followers/ass-lickers, depending on your take.ANY way – I was a big (and still am ) …and I mean BIG fan of those brownies/brownnose stuff – so big that for the first time I sold all…and by all, I mean 100% of my BTS… (other stupied moves has made me, with my fan-boy heart, sell up to 30-35% at times)What I am complaining about is …well hard to grasp by most of the remaining on this (once great) forum… but by now those stupid BTS should have fallen by more than 50% in CNY terms ( aren’t they BM?) (alternatively BM should have come back to his senses)…but this were the good old days, I guess and I should have been able to make my 100% gain by now./End rantPSMy sincere apologies to all summer-new (or otherwise) BTS partners… this of course includes all ‘volume-less exchanges’ and partners just ‘14 delegates short’ with their 7 delegates to meet funding goals.
The only thing I regret is being short bitusd, bitcny, and biteur over the last month
Otherwise selling at the current bottom doesn't make sense other than emotionally.
Quote from: tonyk on August 05, 2015, 07:28:27 pmQuote from: brownie.pts on August 05, 2015, 07:12:41 pmI think you need a HUG.I am waist high in shit (somewhat brownie stuff) as it is. So, thanks but no.I didn't mean from me, TK. I'm an arbitrary social currency, not a person. Just look at my avatar - I barely have one arm. Anyways...hang in there. HUGS!