BitShares Forum

Main => General Discussion => Topic started by: liondani on July 16, 2015, 07:51:02 am

Title: Why are we tanking guys!
Post by: liondani on July 16, 2015, 07:51:02 am
$12 million market-cap again and 20% down in one day? WTF?   :(
Title: Re: Why are we tanking guys!
Post by: xeroc on July 16, 2015, 08:13:40 am
@Ander seemed to be quite happy about it :)

https://bitsharestalk.org/index.php/topic,16894.msg223842.html#msg223842
Title: Re: Why are we tanking guys!
Post by: triox on July 16, 2015, 08:46:47 am
$12 million market-cap again and 20% down in one day? WTF?   :(

You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
Title: Re: Why are we tanking guys!
Post by: xeroc on July 16, 2015, 09:24:41 am
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!
Title: Re: Why are we tanking guys!
Post by: lakerta06 on July 16, 2015, 10:23:05 am
If you think referral system will bring many users and generate revenue via fees, it is an opportunity to buy whenever it tanks. Until that time comes any price mivement is speculation.
Title: Re: Why are we tanking guys!
Post by: Buck Fankers on July 16, 2015, 10:30:12 am
Here's the explanation ...
https://bitsharestalk.org/index.php/topic,17584.msg223892.html (https://bitsharestalk.org/index.php/topic,17584.msg223892.html)
Title: Re: Why are we tanking guys!
Post by: BunkerChainLabs-DataSecurityNode on July 16, 2015, 02:52:02 pm
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%
Title: Re: Why are we tanking guys!
Post by: bytemaster on July 16, 2015, 03:17:33 pm
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%

Who is this mythical CEO?
Title: Re: Why are we tanking guys!
Post by: Chuckone on July 16, 2015, 03:19:57 pm
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%

Who is this mythical CEO?

I honestly don't know, some shady guy. As long as we can say to him "You're fired!!!" I don't care who it is ;)

Care to play the part? :P

Edit: Well, thinking about it, I wouldn't want people to tell you "you're fired". We'll find another scape goat :P

We need you around here!!
Title: Re: Why are we tanking guys!
Post by: btswildpig on July 16, 2015, 03:25:43 pm
i'm glad to see we are tanking with huge volume . I hope it can last .

because low sell volume is bad for business . No big player wants to play in a coin with low volume . buy side and sell side .
Title: Re: Why are we tanking guys!
Post by: BunkerChainLabs-DataSecurityNode on July 16, 2015, 03:38:54 pm
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%

Who is this mythical CEO?

He's running for President. :P

(http://cdn.meme.am/instances/500x/53622149.jpg)
Title: Re: Why are we tanking guys!
Post by: NewMine on July 16, 2015, 04:39:32 pm
@Ander seemed to be quite happy about it :)

https://bitsharestalk.org/index.php/topic,16894.msg223842.html#msg223842

He probably just took out a second mortgage so he can tripple up on this pull back again. He saw what MethodX dropped and didn't want him to lose the most.
Title: Re: Why are we tanking guys!
Post by: Ander on July 16, 2015, 04:48:45 pm
@Ander seemed to be quite happy about it :)

https://bitsharestalk.org/index.php/topic,16894.msg223842.html#msg223842

No I am pissed about it.  But I was happy to get a bit more at the low. 
Title: Re: Why are we tanking guys!
Post by: cylonmaker2053 on July 16, 2015, 05:08:49 pm
@Ander seemed to be quite happy about it :)

https://bitsharestalk.org/index.php/topic,16894.msg223842.html#msg223842

No I am pissed about it.  But I was happy to get a bit more at the low.

yeah it's bittersweet...nice to buy more, terrible for those of us shorting!
Title: Re: Why are we tanking guys!
Post by: Ander on July 16, 2015, 05:10:53 pm
The reason I was happy for a bit there was that after a spike down to .028 in which I bought more at .03, it was back up to .034 really fast.  Looked like a nice bottoming formation, but it didnt last. 
Title: Re: Why are we tanking guys!
Post by: chryspano on July 16, 2015, 05:23:04 pm
Quote
Why are we tanking guys!

maybe this too...

http://www.zerohedge.com/news/2015-07-16/global-stocks-jump-after-greeks-vote-themselves-even-more-austerity

all crypto is down

Title: Re: Why are we tanking guys!
Post by: cylonmaker2053 on July 16, 2015, 05:43:15 pm
Quote
Why are we tanking guys!

maybe this too...

http://www.zerohedge.com/news/2015-07-16/global-stocks-jump-after-greeks-vote-themselves-even-more-austerity

all crypto is down

it'd be interesting if crypto projects started to be treated as countercyclical assets. i don't think we're there yet, and the corporate equity rally doesn't explain the massive crypto selloff. i just think crypto has rallied a bunch in the prior week and this is a somewhat natural selloff. a lot of that new capital seemed to be coming from the chinese ponzi scheme, and when those end they can cause a big rush out.

Title: Re: Why are we tanking guys!
Post by: Ander on July 16, 2015, 05:46:24 pm
Quote
Why are we tanking guys!

maybe this too...

http://www.zerohedge.com/news/2015-07-16/global-stocks-jump-after-greeks-vote-themselves-even-more-austerity

all crypto is down

it'd be interesting if crypto projects started to be treated as countercyclical assets. i don't think we're there yet, and the corporate equity rally doesn't explain the massive crypto selloff. i just think crypto has rallied a bunch in the prior week and this is a somewhat natural selloff. a lot of that new capital seemed to be coming from the chinese ponzi scheme, and when those end they can cause a big rush out.

The coins that got pumped going back down makes a ton of sense.  Whats dumb is that the coins that didnt get pumped are also down.
Title: Re: Why are we tanking guys!
Post by: cylonmaker2053 on July 16, 2015, 05:48:09 pm
Quote
Why are we tanking guys!

maybe this too...

http://www.zerohedge.com/news/2015-07-16/global-stocks-jump-after-greeks-vote-themselves-even-more-austerity

all crypto is down

it'd be interesting if crypto projects started to be treated as countercyclical assets. i don't think we're there yet, and the corporate equity rally doesn't explain the massive crypto selloff. i just think crypto has rallied a bunch in the prior week and this is a somewhat natural selloff. a lot of that new capital seemed to be coming from the chinese ponzi scheme, and when those end they can cause a big rush out.

The coins that got pumped going back down makes a ton of sense.  Whats dumb is that the coins that didnt get pumped are also down.

yeah we're collateral damage in the slaughter...
Title: Re: Why are we tanking guys!
Post by: hadrian on July 16, 2015, 07:45:13 pm
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%

Who is this mythical CEO?

I'm pretty sure it's some kind of Cypher-Encrypted Organism.

(But it could be a Completely Enigmatic Oracle)
Title: Re: Why are we tanking guys!
Post by: cylonmaker2053 on July 16, 2015, 07:46:57 pm
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%

Who is this mythical CEO?

I'm pretty sure it's some kind of Cypher-Encrypted Organism.

(But it could be a Completely Enigmatic Oracle)

wait, AI is running Bitshares? AWESOME! i knew this day would come...
Title: Re: Why are we tanking guys!
Post by: MrJeans on July 17, 2015, 06:12:42 pm
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%

Who is this mythical CEO?
He's hanging out with Satoshi
(http://previews.123rf.com/images/wavebreakmediamicro/wavebreakmediamicro1107/wavebreakmediamicro110720310/10197789-Mature-man-drinking-a-cocktail-beside-the-swimming-pool-Stock-Photo.jpg)