BitShares Forum
Main => General Discussion => Topic started by: oldman on August 22, 2014, 10:59:42 pm
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The market cap of BTSX is rapidly increasing and some folks are concerned that things are moving too far too fast.
What we are seeing is the value of the AGS/PTS funding model combined with a truly revolutionary technology.
Most large BTSX stakeholders are AGS/PTS investors rather than speculators, ie. not interested in short term profit taking.
A wider audience is waking up to the potential of this tech and they want in.
But few are selling... because why would we?
Bitshares is a tech with enomorous potential - it is everything Bitcoin tries to be and much, much more.
So take all those market cap calcs that were done for Bitcoin and round up.
A rapidly increasing market cap in completely justified.
In the near term, a market cap in the billions is inevitable. Longer term BTSX may well be the first trillion dollar crypto.
Do not sell yourselves short!
And yes, pun intended.
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The market cap of BTSX is rapidly increasing and some folks are concerned that things are moving too far too fast.
What we are seeing is the value of the AGS/PTS funding model combined with a truly revolutionary technology.
Most large BTSX stakeholders are AGS/PTS investors rather than speculators, ie. not interested in short term profit taking.
A wider audience is waking up to the potential of this tech and they want in.
But few are selling... because why would we?
Bitshares is a tech with enomorous potential - it is everything Bitcoin tries to be and much, much more.
So take all those market cap calcs that were done for Bitcoin and round up.
A rapidly increasing market cap in completely justified.
In the near term, a market cap in the billions is inevitable. Longer term BTSX may well be the first trillion dollar crypto.
Do not sell yourselves short!
And yes, pun intended.
That is the question. How many of the large stakeholders were PTS miners? Probably quite a few.
But here is the important thing to note, a lot of people who mined PTS had to pay quite a bit for it and are just now able to make ROI. The same goes for people who bought AGS, they now can make ROI.
But no one is dumping because everyone knows if BitUSD works they can lock in their ROI within Bitshares itself while going long.