Anybody checked Bter and BTC38 recently? Even their IOUs in BTSX are trading with a market cap of $20-25 million. This sucker's going to debut much higher than some folks think.
The IOUs are the only way to get BTSX right now. The supply is very limited at the moment. Once actual BTSX floods the market it will go down, just like ANY other IPO that debuts on an exchange. Then it should resume its course higher, given no major setbacks. I think there will be opportunities to get in on the cheap once more after we go live.
I really hope so...
We'll see. I've been buying some small quantities at around 0.008BTC at BTC38, but if the price drops even further on launch I'll be ready to buy even more. If BM and the others can sort out the few remaining bugs, the current state of this project is miles ahead of most other "altcoins", which bodes well for the Bitshares ecosystem.
I won't be surprised it BTSX is in the nr. 2 spot on Coinmarketcap come Christmas.
There are going to be 4 billion bitshares available on the market all at once, and you're paying .008btc EACH? That's what, $4.80 a piece, and would give a market cap of $19,200,000,000 i.e. bigger than the entire cryptocurrency ecosystem including bitcoin.
Are you aware of how much you're likely overpaying?