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General Discussion / Re: I've got a feeling (Future DACs market caps will be huge)
« on: August 27, 2014, 07:14:34 pm »I doubt BitShares ME, BitShares Play and BitShares Music is factored into the PTS price. Even the double announcement caused only a minor bump on the charts.
I agree with you.
There's a theory with stocks that you shouldn't bother trying to time the market because all the available information is already factored into the price. This may even be the case already with Bitcoin, but I've come to realize that this isn't the case with alts - there is too much going on, the landscape is too complex and there are too few people applying their knowledge for this to be true. If you have some real understanding of what's going on, or what news is good or bad for a coin, even something as basic as the dates for a PTS distribution, the market price usually doesn't reflect it with any kind of speed.