I think the BTSX selling is just a normal retracement of the rise we had from .084 to .125 CNY. 

It looks like it might have bottomed at .105, which would be a 50% retracement, then we bounced.  I think we might be heading down to about .099 to .100 which would be the .618 retracement line.  (Or maybe we go up now because bitcoin has started rallying).

BTW what are the multiple projects sharedropping to AGS/PTS ?  The ones I can think about were planned before BTS.

Both alphaBit's proposed DPoS currency and this RnadPaulCoin thing.  (In addition to earlier planned htings like PLAY).

Be careful what you wish for. This could happen due to massive printing of USD, and you could still be better off now than then

People have been saying that for years, and yet inflation has been low.   If it wasnt for the USD money printing we probably wouldve been in a deflationary depression this whole time. 

I'm so tired of hearing the "<investment> will be worth tons of $$$, but that will just buy a loaf of bread" BS.  3% a year inflation in USD does not result in it costing hundreds of dollars to buy a loaf of bread in a decade.

Quote from: toast on November 05, 2014, 10:33:34 pm

* We are the only people on earth capable of delivering on BTS. If we left right now BTS would die, while we could make a viable competitor.

Strong words...

I believe them.

Or at least, if any other group tried to make BTS now, it would take them much, much longer to learn all the lessons and get to where we are now.  That time delay would make them uncompetitive.

Half an hour until the snapshot occurs!

In bter we now have snapshot balances for our PTS.


Note: as soon as they reopen trading on PTS, there is a race to be the first to dump your shares into the idiots who left open buy orders on there.  Grats to whoever wins this race and gets free money.  And if any of you still have buy orders out there for PTS, remove them now!  (Unless they are super super low orders looking to take advantage of any future PTS based snapshots).

Has anyone out there played Herzog Zwei?  Its essentially the first RTS ever made(predates dune/duneII) and in my opinion is the greatest Genesis game ever made.  Yet sadly few people have ever heard of it.

Oh wow, this brings back memories!

Quote from: bitmarket on November 05, 2014, 08:43:35 pm

So is it cheaper to buy bitUSD on bter or btsx?

If you want to buy in a short timeframe, BTSX is better because of higher liquidity (tighter spreads). If you can afford to wait, Bter is better because of lower liquidity: since the spread is so wide and the markets are so thin on Bter, if you wait long enough you might get an opportunity to pay only 61 cents for a bitUSD, like the OP pointed out.

Indeed, the opportunity to buy 5 cents worth of bitUSD for only 3 cents, making a 2 cent profit.   Then you can go buy 1 BTSX with it.

Such liquidity, wow.

Just trade in the Bitsahres asset exchange.


If you want to hedge into USD on bter, the best way to do it is actually to buy Nubits.  (I am not recommending Nubits long term - only as a short term hedge with money on bter specifically, because Nubits market makers provide high liquidity there!)

In bitshares, the true believers who understand the technology and its potential are the ones who get rewarded.

BitsharesX released in July, and got dumped through mid august by those who were not long term believers, and were tired of having their capital locked up in PTS/AGS.  Having shaken the weak hands, BTSX went up by 500%.

Then came paid delegates, and the creation of the new superDAC BTS.  Those who did not understand the changes were plagued by fear and uncertainty, and convinced to dump by unsavory community members.  Those who understood the change and believed in the technology held and bought more and now we shall reap the rewards a second time.


HODL your Bitshares now! 

Many will be tempted to sell this small gain after a large decline, or to go into bitUSD after a small rise, but now is not the time for that.  Now is the time to hold as many bitshares as you possibly can.  Do not sell the 50% rise, sell the 500%+ rise that is coming!