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General Discussion / Re: What's happening with the price?
« on: April 04, 2015, 07:49:04 pm »
I'm not sure you can blame the bear market for our poor performance since the merger.
Since the Merger on November 5th, the top alts have gained an average of 68% vs. BTC
DRK - UP 225%
XRP - UP 180%
STR - UP 125%
MAID - UP 45%
LTC - DOWN 35%
NXT -DOWN 25%
DGC - DOWN 20%
PAYCOIN - Did not exist
BitShares is the worst performer in the top 10 and has lost 55-65% in BTC terms since the merger.
(Since dilution became a serious reality obviously the numbers for BitShares are even worse and we’re down 70-75% vs. BTC)
Bitcoin itself is down less 25% during that time.
Very painful to see if spelt out, I really don't understand why Bitshares are taking such a hit though. If those other alts are considered to have a fair valuation then Bitshares is so so incredibly undervalued right now it's insane.