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General Discussion / Re: Airdrop 100% profit to bitsharestalk.org (1110 1280 BTSX)
« on: November 10, 2014, 04:40:29 pm »
account: chuckone
Thanks again!
Thanks again!
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Stress free recipe :
1) buy a shitload of BTS.
2) coldstore
3) sleep well
4) When you're able to pay cam whores with some bitUSD, you're rich !
It will take either a lot of Bitshares or a very high market cap to be rich. Maybe the guy with 20 million Bitshares will be rich.
See so long quotes, suddenly found that bitcoins up, bitshares will fall. If bitcoin fell, more bit dropping. Then came the question, under what circumstances, bitshares will rise?
I bought a ton of Bitshares at 6000 and now it is down to 5000ish. I feel like I could have bought around 15% more if I waited 1 extra day Any advice?
Will the price matter in a few years?
Should I sell now to buy back lower?
What seems to be the problem is that there is no 'company' and 'shareholder' separation. Since a buyback is when 'the company' buys shares back from 'the shareholders', and since 'the shareholders' are 'the company', this makes any definition of a buyback meaningless in the context of the DAC. Is this right? I have heard people talk about 'buybacks' in the context of BTS, what could these people have been talking about?
How many do you own?
what do you feel the potential marketcap or value is in a year or two?
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How dumping BTSX get you profits from shorting bitusd?
My understanding is that if BTSX are dumped their price to usd will fall, so someone shorting bitusd (expecting usd to fall vs. BTSX) will lose.
Oh right yes I'm mistaken.
Someone with a large position is quite bullish about the future value of BTS...
So the big shorting action increasing bitUSD market cap is just because someone thinks BTSX will rise? But someone had to buy that bitUSD didn't they. And those people must think BTSX will go down so they buy bitUSD to protect themselves. So overall is increase in bitUSD market cap just means people are hedging, placing their bets within the system, not necessarily that any new money is entering?
Until there are on/off-ramps from fiat to bitUSD, each bitUSD created from shorts must be bought using BTSX on the Bitshares-X trading platform. So my understanding would be that any matched short definitely doesn't mean new money came in. The only way to have new money coming in the ecosystem would be through BTSX on the centralized exchanges. I'm no market expert, but that would be my interpretation.
You can buy bitUSD on Bter. Not a great onramp, but onramp no less.
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How dumping BTSX get you profits from shorting bitusd?
My understanding is that if BTSX are dumped their price to usd will fall, so someone shorting bitusd (expecting usd to fall vs. BTSX) will lose.
Oh right yes I'm mistaken.
Someone with a large position is quite bullish about the future value of BTS...
So the big shorting action increasing bitUSD market cap is just because someone thinks BTSX will rise? But someone had to buy that bitUSD didn't they. And those people must think BTSX will go down so they buy bitUSD to protect themselves. So overall is increase in bitUSD market cap just means people are hedging, placing their bets within the system, not necessarily that any new money is entering?