BitShares Forum
Main => General Discussion => Topic started by: islandking on January 19, 2015, 06:57:22 pm
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There is no trading volume on bitUSD today. Lets get some volume going!
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BitUSD now is only used to cover the short, without any real application. If this situation continues, I doubt the volume will go up.
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BitUSD now is only used to cover the short, without any real application. If this situation continues, I doubt the volume will go up.
It's also used as a device to go short BTS. If you think BTS is going to go down, buy bitUSD.
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BitUSD now is only used to cover the short, without any real application. If this situation continues, I doubt the volume will go up.
It's also used as a device to go short BTS. If you think BTS is going to go down, buy bitUSD.
I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......
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I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......
What are you talking about?
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I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......
What are you talking about?
Vested balance.
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I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......
What are you talking about?
Vested balance.
Oh right. Do you think we could see a dump tomorrow?
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I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......
What are you talking about?
Vested balance.
Oh right. Do you think we could see a dump tomorrow?
Well let's see...I believe the vesting period began on 11/5/14, right? Two and a half months. And the vesting is for a period of 2 years...which means approx. 52,083,333 of the 500,000,000 new BTS will be unlocked at once. I can't imagine everyone is going to claim all at once, and I'm sure plenty of people will want to hold it...
But yea, there may be a small dump going on.
Maybe we should wait a year for BTS to get solid footing before unlocking the balances? :P
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I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......
What are you talking about?
Vested balance.
Oh right. Do you think we could see a dump tomorrow?
Well let's see...I believe the vesting period began on 11/5/14, right? Two and a half months. And the vesting is for a period of 2 years...which means approx. 52,083,333 of the 500,000,000 new BTS will be unlocked at once. I can't imagine everyone is going to claim all at once, and I'm sure plenty of people will want to hold it...
But yea, there may be a small dump going on.
Maybe we should wait a year for BTS to get solid footing before unlocking the balances? :P
Why would any of the 52 mm be dumped? I thought it was a penalty, where if you transfer, you lose the a certain percentage.
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No penalty.
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Oh right. Do you think we could see a dump tomorrow?
A small one certainly. Maths would suggest a 2.5% reduction in price.
Why would any of the 52 mm be dumped? I thought it was a penalty, where if you transfer, you lose the a certain percentage.
There is no penalty. And only a fraction is going to be dumped, like normal sell-offs.