BitShares Forum

Main => General Discussion => Topic started by: bytemaster on January 21, 2015, 04:13:39 am

Title: Up 10% against btc.
Post by: bytemaster on January 21, 2015, 04:13:39 am
Looking good. 
Title: Re: Up 10% against btc.
Post by: cgafeng on January 21, 2015, 04:24:39 am
I think it's time to contact merchant and enterprise, if they get profit from bts, then the promotion will much easy.
Title: Re: Up 10% against btc.
Post by: btswildpig on January 21, 2015, 04:28:08 am
oops , my bad , I shouldn't buy it from the BTC pair .  :P
Title: Re: Up 10% against btc.
Post by: Riverhead on January 21, 2015, 06:05:23 am
Looking good.

I was expecting a drop after some of the vested balances got released. Nope!
Title: Re: Up 10% against btc.
Post by: cn-members on January 21, 2015, 06:06:46 am
Looking good.

I was expecting a drop after some of the vested balances got released. Nope!

People are still figuring out how to claim it .....
Title: Re: Up 10% against btc.
Post by: Shentist on January 21, 2015, 06:15:48 am
Looking good.

I was expecting a drop after some of the vested balances got released. Nope!

the price fall after the merger, so anyone is from this point on "under water" so i would not sell. Only if i really need badly this money.
Title: Re: Up 10% against btc.
Post by: gyhy on January 21, 2015, 07:55:32 am
Is just speculation,What also doesn't explain,Don't have any good news
Will fall down soon
Title: Re: Up 10% against btc.
Post by: sumantso on January 21, 2015, 08:05:01 am
Looking good.

Looks like one of those useless altcoin devs who jumps anytime there is some pump.

(Hint: Remain price agnostic publicly)
Title: Re: Up 10% against btc.
Post by: Empirical1.1 on January 21, 2015, 08:10:00 am
Is just speculation,What also doesn't explain,Don't have any good news
Will fall down soon

No, it is not speculation imo.

A lot of people expected the BTS price to drop when a lot of vested balances became available at the same time.

So a lot of people have kept some money on the sides waiting to buy BTS on the dip.

If the vested balances don't cause a dip then we'll see a spike as all that side money still wants to buy BTS.

It's also very good for BTS in general as if this large vested balance release doesn't cause a dip, it likely means the next two years of release shouldn't cause downward pressure either.

So this could be the start of a strong uptrend, we'll just have to see the next few days how many people sell their merger allocation.



Title: Re: Up 10% against btc.
Post by: clayop on January 21, 2015, 08:14:56 am
Is just speculation,What also doesn't explain,Don't have any good news
Will fall down soon

No, it is not speculation imo.

A lot of people expected the BTS price to drop when a lot of vested balances became available at the same time.

So a lot of people have kept some money on the sides waiting to buy BTS on the dip.

If the vested balances don't cause a dip then we'll see a spike as all that side money still wants to buy BTS.

It's also very good for BTS in general as if this large vested balance release doesn't cause a dip, it likely means the next two years of release shouldn't cause downward pressure either.

So this could be the start of a strong uptrend, we'll just have to see the next few days how many people sell their merger allocation.
+5%
Title: Re: Up 10% against btc.
Post by: inarizushi on January 21, 2015, 08:18:32 am
The last downtrend seemed strongly correlated with the bitcoin downtrend, which I find undeserved, as we don't have to pay miners, and weren't robbed of a significant amount of BTS... And we have a ton of good news and projects moving forward.
Title: Re: Up 10% against btc.
Post by: mf-tzo on January 21, 2015, 08:48:43 am
There are people who once they claim their vested balance will have more BTS collateral to short bitusd ;)...
Title: Re: Up 10% against btc.
Post by: liondani on January 21, 2015, 08:51:04 am
they watch all the countdown ticker on bitshares.org...  obviously they want to get in, before before it gets to zero  :P

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: Up 10% against btc.
Post by: graffenwalder on January 21, 2015, 08:59:53 am
I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.
Title: Re: Up 10% against btc.
Post by: liondani on January 21, 2015, 09:45:19 am
I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.
this

+5 +5 +5

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: Up 10% against btc.
Post by: cass on January 21, 2015, 10:46:06 am
I like what I'm seeing :)
Title: Re: Up 10% against btc.
Post by: merlin0113 on January 21, 2015, 10:53:54 am
I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.

Why not use BitUSD to buy BTS again?
Title: Re: Up 10% against btc.
Post by: graffenwalder on January 21, 2015, 11:00:04 am
I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.

Why not use BitUSD to buy BTS again?
Sure you can use your BitUSD profits to buy back BTS again. This is just an example.

It now reminds me of trading on ripple a bit over a year ago.
Also at that same time user issued assets where introduced and traded.

Not long after ripple went from 0.01USd to 0.1USD.
Title: Re: Up 10% against btc.
Post by: merlin0113 on January 21, 2015, 11:06:26 am
 Not long after ripple went from 0.01USd to 0.1USD. [/quote]


I like this. There is a pattern? +1
Title: Re: Up 10% against btc.
Post by: CLains on January 21, 2015, 12:08:18 pm
... there is a giant timer on bitshares.org

then up or down again depending on quality of website

then our precious 1.0, mobile wallet, and delegate content/marketing activity

>shorting the life-blood out of all my BTS for February, March and April this shi gonna get wild
Title: Re: Up 10% against btc.
Post by: edilliam on January 21, 2015, 12:54:37 pm
We just got back into fourth place on coinmarketcap.com (http://coinmarketcap.com)   :D
Title: Up 10% against btc.
Post by: xiahui135 on January 21, 2015, 01:46:49 pm
Good news, that is the result of the community work.
We need more work to realize a better wallet and stronger pegging for long term winning.
Title: Re: Up 10% against btc.
Post by: cass on January 21, 2015, 04:01:46 pm
Good news, that is the result of the community work.

 +5%
Title: Re: Up 10% against btc.
Post by: donkeypong on January 21, 2015, 04:06:09 pm
Slow and steady, that's what we want. I'm just fine with a 7% rise per day also, but only if it's a sustainable trend. At some point, one of these upward trends is going to sustain itself as more than a bubble, because BitShares has the fundamentals to be right up there with Bitcoin (or better).
Title: Re: Up 10% against btc.
Post by: theoretical on January 21, 2015, 04:27:53 pm
Apparently I suck at reading the markets.  I shorted the heck out of BitUSD when BTS was at something like 10,000 satoshis, which turned out to be about our all-time high.  Not long before the balances unlocked, I bought a ton of BitUSD because I was expecting us to take a beating -- I think it was ~50M new BTS were unleashed? -- but we rose instead.  Aaaagh!

Fortunately I took the opportunity to short to myself at 0%, so I'm not entirely long BitUSD and I did realize some of the gains.
Title: Re: Up 10% against btc.
Post by: lil_jay890 on January 21, 2015, 04:37:58 pm
Apparently I suck at reading the markets.  I shorted the heck out of BitUSD when BTS was at something like 10,000 satoshis, which turned out to be about our all-time high.  Not long before the balances unlocked, I bought a ton of BitUSD because I was expecting us to take a beating -- I think it was ~50M new BTS were unleashed? -- but we rose instead.  Aaaagh!

Fortunately I took the opportunity to short to myself at 0%, so I'm not entirely long BitUSD and I did realize some of the gains.

Markets love to unload bulls at the bottom and bears at the top... It doesn't leave the station for the moon until it has unloaded as many bulls at the bottom as it possibly can.  It's pure frustration for 90% of people.

When we do get a sustained uptrend it will be fierce and the pullbacks will be very shallow.  It won't allow a lot of people who sold to get back.  It's the nature of all markets.  The best example now is to look at the current USD rally... super shallow pullbacks.
Title: Re: Up 10% against btc.
Post by: sschechter on January 21, 2015, 06:28:09 pm
Is just speculation,What also doesn't explain,Don't have any good news
Will fall down soon

No, it is not speculation imo.

A lot of people expected the BTS price to drop when a lot of vested balances became available at the same time.

So a lot of people have kept some money on the sides waiting to buy BTS on the dip.

If the vested balances don't cause a dip then we'll see a spike as all that side money still wants to buy BTS.

It's also very good for BTS in general as if this large vested balance release doesn't cause a dip, it likely means the next two years of release shouldn't cause downward pressure either.

So this could be the start of a strong uptrend, we'll just have to see the next few days how many people sell their merger allocation.

Knowing that everyone else is expecting a decline is why I think it wont  8) Today is a strong sign.  You may have nailed it with this explanation
Title: Re: Up 10% against btc.
Post by: toast on January 21, 2015, 07:26:46 pm
Apparently I suck at reading the markets.  I shorted the heck out of BitUSD when BTS was at something like 10,000 satoshis, which turned out to be about our all-time high.  Not long before the balances unlocked, I bought a ton of BitUSD because I was expecting us to take a beating -- I think it was ~50M new BTS were unleashed? -- but we rose instead.  Aaaagh!

Fortunately I took the opportunity to short to myself at 0%, so I'm not entirely long BitUSD and I did realize some of the gains.

Protip, if everyone else has the same information you have, it's already priced in.
Title: Re: Up 10% against btc.
Post by: bluebit on January 21, 2015, 07:28:00 pm
I'm betting that Bishares will be up 1000% by the end of the year.
Title: Re: Up 10% against btc.
Post by: sschechter on January 21, 2015, 08:18:21 pm
I'm betting that Bishares will be up 1000% by the end of the year.

Is that the new LGBT coin?
Title: Re: Up 10% against btc.
Post by: oldman on January 21, 2015, 08:28:22 pm
I'm betting that Bishares will be up 1000% by the end of the year.

Possible... and possibly probable.
Title: Re: Up 10% against btc.
Post by: lastagile on January 22, 2015, 05:08:44 am
Fall again
Title: Re: Up 10% against btc.
Post by: sumantso on January 22, 2015, 05:15:43 am
Fall again

Yup.

Waiting to see a thread by Dan 'Down 10% against btc.'
Title: Re: Up 10% against btc.
Post by: bytemaster on January 22, 2015, 05:18:47 am
Fall again

Yup.

Waiting to see a thread by Dan 'Down 10% against btc.'

It seems like we have been leading the market recently.  Rising before bitcoin rises and falling before bitcoin falls.   
Title: Re: Up 10% against btc.
Post by: klosure on January 22, 2015, 05:25:12 am
As a new comer to Bitshares here is my feedback: before the merger I found the Bitshares ecosystem confusing as hell. I had a lot of trouble understanding the difference between PTS, AGS, BitShares, Bitshares X and Bitshares Whatnot. And I had the feeling that all the I3 DACS were somehow dilluting the Bitshares X market share so I only invested in PTS assuming that was the best way to hedge agains further dilution. But since everything got merged, BTS is now the obvious go-to place for getting exposure to the technology and is self-hedged against the creating of new DACS since it also acquired PTS and became the new social consensus target for sharedrops. Add to that the fact the price dropped massively and it now looks like a golden opportunity to invest in Bitshares. Notwithstanding the fact my PTS (that were held by BTER) are in limbo since the merger and I have no idea when and how I get my BTS sharedrop from BTER (quite a communication fsck up from I3 I think), I decided to throw to Bitshares a sizeable part of my Bitcoin holding as I see the post-merger Bitshares as the only comprehensive and self-contained and distributed asset exchange that offers counterparty-risk free exposure to non-crypto assets. If Bitshares manages to get their acts together and stop shooting themselves in the foot by making PR mistakes, it really is the only crypto that stands a chance against Ripple.

Title: Re: Up 10% against btc.
Post by: BTSdac on January 22, 2015, 05:29:45 am
Up 10%? where ? the price is fall today.
Title: Re: Up 10% against btc.
Post by: liondani on January 22, 2015, 11:00:28 am
Up 10%? where ? the price is fall today.
you are asking to much if you want  to see every single day a +10%... its very healthy to see a little pull back every now and then...

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: Up 10% against btc.
Post by: sumantso on January 23, 2015, 07:17:48 am
It seems like we have been leading the market recently.  Rising before bitcoin rises and falling before bitcoin falls.

Short all the BTC then :P

Asks   
Order   Price(BTC)   Amount(BTS)         Total(BTC)
   1     0.000053     2045910.247587     108.43324
   2     0.000054     332928.112303        17.97812

EDIT: At 110 BTC now. Some bot lost its nuts?
Title: Re: Up 10% against btc.
Post by: merlin0113 on January 23, 2015, 08:51:22 am
It seems like we have been leading the market recently.  Rising before bitcoin rises and falling before bitcoin falls.

Short all the BTC then :P

Asks   
Order   Price(BTC)   Amount(BTS)         Total(BTC)
   1     0.000053     2045910.247587     108.43324
   2     0.000054     332928.112303        17.97812

EDIT: At 110 BTC now. Some bot lost its nuts?

where is this data posted from?
Title: Re: Up 10% against btc.
Post by: sumantso on January 23, 2015, 09:23:56 am
It seems like we have been leading the market recently.  Rising before bitcoin rises and falling before bitcoin falls.

Short all the BTC then :P

Asks   
Order   Price(BTC)   Amount(BTS)         Total(BTC)
   1     0.000053     2045910.247587     108.43324
   2     0.000054     332928.112303        17.97812

EDIT: At 110 BTC now. Some bot lost its nuts?

where is this data posted from?

Btc38, someone's trying to scare.

124 BTC wall now :o
Title: Re: Up 10% against btc.
Post by: Ander on January 23, 2015, 06:31:29 pm
2M BTS wall isnt that unusual, that happens in the btc38 BTS/CNY trading pair all the time. 
Its only unusual in the BTS/BTC pairs.