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Messages - bitbybits

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31
General Discussion / Re: Bitshares price discussion
« on: November 06, 2015, 10:48:33 am »
I'm still holding onto my BTS. But I am still trying not to confuse the conversion of BTS to USD as for BTS to BTC.

32
General Discussion / Re: Bitshares price discussion
« on: October 20, 2015, 06:10:09 am »
I'm still new. But is it possible those who have not inserted their BTS wallet into the new 2.0 wallet affected the price? I haven't done so yet since I simply forgot. But I'm still holding onto my BTS

33
Technical Support / Bitshares and Video Games
« on: October 08, 2015, 12:14:23 am »
Was there anyone attempting to build a video game that incorporated bitshares as the currency of the game? If so please provide links. I would like to check them out. Thank you in advance.

34
General Discussion / Re: Hoarding bitshares (the Cryptocurrency death)
« on: October 07, 2015, 08:36:32 pm »
Ever since, bitcoin was given to the world, by the genius of Satoshi, people did not realise the implications. being the first cryptocurrency people used it, spent it, and many lost it, they did not think of hoarding it or very few did. As the popularity of Bitcoin increased, many started to believe in the magic of increasing value, so they hoarded too, hoping someday that they too will become millionaires.  However, as the technology became known to the world and new adaptations like bitshares hit the market, the value of one cryptocurrency was saturated, but still people believed in this magic value which was gained by hoarding cryptocurrencies.  But isn't a cryptocurrency's value gained by the amount it is used, by the amount of people that use it. Bitcoin's value was not created by people hoarding but by its originality.

STOP HOARDING AND START TRADING SO I CAN MAKE SOME MONEY!!!! (or lose it)


Hoarding BTS is way better right now for its value than anything else.

BTS will rise based on the dividends it pays in the form of BTS being burned from transaction fees. 

The way to use BTS is not to spend BTS to buy a product, but rather to use BTS in the Bitshares DEX to create bitAssets, and then spend THEM on things.

Thank you Ander for mentioning what you said. I was still trying to figure out what to do with Bitshares in the future. I'm still learning Bitshares as a whole ^_^

35
Technical Support / Re: Understanding BitUSD
« on: October 05, 2015, 11:39:58 am »
Ah ok that answers my question  :)

36
Technical Support / Understanding BitUSD
« on: October 05, 2015, 11:23:56 am »
I am trying to understand how BitUSD works or any of the...I think they are called BitAssets???  Anyways, I'll use a real world example.

So when the Chinese Yuan get's devalued against all the other global currencies. Does that make the BitCYN fall in value as well? And does the same apply if the USD falls in value, BitUSD falls in value?

And I do want to thank the community here in advance. For I had a lot of questions but they were answered while reading through the many posts.

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