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General Discussion / Re: Bitshares price discussion
« on: September 13, 2016, 04:12:40 pm »
I don't understand how this is a "trading discussion" and no one is mentioning that BTS just reversed the downward trading channel.
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I have a gut feeling...1500-1600 sat real soon.
NBT is collapsing just like most other alt coins...
cagara: EtherWizard, as I have nothing left this cannot unveil any position of mine. Well I started with 960 BTC here, margin trading and BTS got my down to 11 BTC
Wow, either he's being a massive lying troll...or he's a truly shit trader who doesn't deserve to have that much money to begin with.
graphene 2015 thinks the price is going down more.What does that mean?
She is a whale/tuna [about 1/2 of your own estimated position size, holder] ... and an opinionated one.
So it's true that double spending 1.0/2.0 is a thing?
Hello Portabello youre new so let me explain what happened. About 11 months ago BM had the genius idea to create a second genesis block that gave 30 million vesting BTS (no strings attached of course) to 1 guy for the purpose of adding voting services to BitShares. Because apparently blockchain voting is a huge market. That one guy has to constantly dump his millions of BTS to pay taxes, because they are due on the price you received an asset.
Its AE's fault, hes dumping millions of BTS spawned from thin air:
https://bitshares.openledger.info/#/account/follow-my-vote/overview
But dont worry, hes registered loads of liberals and conservatives , and he paid yourmom for services rendered.
All the alts are having a bad day today as the price of bitcoin keeps going up.
I think we're witnessing a realignment of the crypto economy. Bitcoin is showing signs of a big breakout after a year of flat prices. This could be the end of a two-year cycle that started with the collapse of bitcoin prices in December 2013. While we have been hodling BTS for two years, potential crypto investors have spent the last two years studying the implications of blockchain technology.
Right now, BTC price is rising because Chinese citizens are trading yuan for bitcoin. Chinese holders of renminbi need a safe haven in their slowing economy where the renminbi is being devalued. Potentially, a whole lot of interested parties with lots of investment capital may finally get the FOMO needed to push the price of BTC over $10,000.
Meanwhile, BTS early adopters are getting hammered by the recent 70% drop in prices as other adopters trade their bts to buy bitcoin.
BTS holders should keep hodling while they root for bitcoin. Once the price of BTC jumps back above $1000, it will be a mad rush into existing 2.0 projects. The price of bts will go north fast.
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..
On the contrary I would say that people started to dump Brownies in order to buy BTS..