Show Posts
16
General Discussion / Re: Bitshares price discussion
« on: January 27, 2016, 04:52:28 pm »I confess to selling from ANGEL today to cover some expenses. Unfortunately, I sold just prior to the big pumphow many bts that ags fund have ? if have how to use this fund , it is belong to who ? ,according to ags donation commitment , it is belong to community, and now many community member do not satisfy with you
On the brighter side super33 appears to be out of BTS to sell.
bm because you make big mistake that hurt bts (maybe it is not my view, it is just the views i get from QQ group ) but this is not important. so do you have right to use ags fund ? i think you do not have right
i suggest that you distory all bts of ags fund (if ags fund have bts). leave the last dignity
so i suggest that you dist
Just looking at this price action, you can tell that there are a ton of trapped longs just trying to get out around even...
Wut? Whatever ure trying to say, I think u have a very vague understanding of how these markets work.
they are probably going to chase ethereum and get burned in the same way.
Flawed logic right there.
Cryto traders are idiots... they chase whatever is hot. Most have no plan and hope to get rich in 6 months on 1 hot investment.
Please enlighten me with why my logic may be flawed.
U sound like ur frustration comes from being out of the loop on this one. Mist is out, we had vitalik talking up zk-snarks again, R3 had their spokesman announcing the successful implementation of their experimental blockchain-based eth-aligned financial platfrom, azure service will come to fruition soon. Not a big science that pooptons of wealthy ppl that are not screwing around, will be coming aboard when the news hit the really big pockets and big economy. Why would u blame average joes for their interest to highly speculative markets like eth?
Trapped longs ... Dude... Have u followed the market? Distinct falling wage starting early nov and ending mid jan, double bottom 400/500 sato, cmf indicates big monies injection, alligator gone max retard, signalling of a trend reversal followed by a ascending triangle. I bet there would be lots of squeezed shorts at a 1300 range before the next huge bullish pennant is formed and the prices are taken to sub 2K level.
The trapped longs I am talking about are the people who invested in PTS/AGS... not short/medium term that you seem to be referring to. These long term holders have had their shares vesting and havn't been able to sell. At one point they saw their investment nearly 10x higher than current market cap only to watch those paper gains disappear. There are lots of holders of bts in this position. There is a ton of supply that is steadily hitting the bts market.
I understand that there are several "bullish" announcements and news events with crypto... but those don't always translate to price increases. Ethereum is bubbling right now. I wouldn't be surprised to see this back sub 100 million in the next 3 months or so just to shake out the weak late coming bulls. Not saying that it won't be worth over a billion in the next few years though after the crypto specs are shaken out.
Then these angel fund investors could be the owners of meager sells and are now attempting to bust the support as bids hit 1K. These ppl have in fact been accumulating the shares over quite a long period of time, to try and lower their average buying price, to be able to get out in the bubble. As we see the next bullish advancement these microsells get thicker which proves that a typical exit scenario for many tiny holders is taking place and since they have been accumulating the asset since long and were unable to chime in with their dumps in october, they would try to recoup their losses and get out at the best possible rate they could get. Last time vietnamese / chinese group blew the volume up the price went up to as high as 3200 making a lot of sad faces in here.
