BitShares Forum
Main => Technical Support => Topic started by: mukul13 on October 16, 2015, 11:16:56 am
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Where is the bottom for bitshares? It keeps going down. Where are we headed in terms of price and development?
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people from Polish bitcoin community says.. that 500-800 satoshi. I don't know I am not selling this now...
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The current price is just fluctuation due to migration to 2.0. It will normalize within a few weeks and then start to find its true market value. Will just take some time.
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Where is the bottom for bitshares? It keeps going down. Where are we headed in terms of price and development?
I may sound like newmine but I will say what I'm thinking....
Personally l think that short-term 6M Marketcap is posible, why? Because noone with lots of keys can migrate from 0.9.3c to 2.0 me included, I hold 10% of my bts(recently purchased) in exchanges and if the price was not already so low I would instaDUMP them all without a second thought, It seems that others already dumped and will continue to dump.
BitShares 2.0 release is like a supercar model that the engine won't start in half of the cars, other that that, the engine is state of the art..... but.... some drivers can't start the engine, but this will be fixed......at some time in the future....
From 1 to 10 I was expecting a release of 8 or 7 what i see now is a release of 3. I know that a rank of 3 is not really fair overall, or actually true, but that's what my impression/opinion is right now and that's what many people must think too, I can't find any other explanation for the price falling. I'm really frustrated and I don't think I'm the only one.