I feel really upset. I've invested quite a mount of money on PTS, but now the price of PTS has really fallen down to the nadir.
however, this is not the worst part because now 3I seems to be a total loser or a liar. i think everyone on this boat is gonna lose big money except for 3I team or the really arly investers who left the boat before Febury 28th.
i guess until the end of this year, there will be no product for 3I.
i even think that 3I might become a joke or shame for the whole industry.
really really sad.
I think they could launch next week if they wanted to from the test results, but I don't know what is taking so long.
If you waited this long what is another few weeks? If it's delayed until the end of the year then you'd be right we'd all lose faith by then.
With the recent progress and the utter lack of competition in 2.0, I am more confident than ever before in Bitshares and the upcoming DACs. They'll be worth the wait.
This is incorrect. There is plenty of competition. The reason to have patience is because the true value will not be seen until the Bitcoin economy as a whole has an influx of cash pumped into it from the fiat economy. The next time that happens is when you'll see Bitshares and other 2.0 projects really take off.
How long until the next Bitcoin ATH? It could happen at any time but it's not likely to happen until everything is in place. The main problem is there is no way to easily buy and secure Bitcoins. Until they make it easy to buy and secure it there will not be the huge influx of capital.
Anyone remember 2013? I do. Bitcoin was less than $100 at one point, Peercoin was less than 25 cents, and Litecoin was only $3. That same year Litecoin was $30, Peercoin is now over $3 and both these coins will probably stay over $1 at least for the rest of the year.
Overall the trend for altcoins is to go up. If you want that to happen faster then you need to encourage mainstream adoption. To do that you have to make it easy to store and buy.
Circle and Trezor seem to be the main companies focused on doing that.