BitShares Forum

Main => General Discussion => Topic started by: Chuckone on June 12, 2015, 04:05:43 pm

Title: Bitshares price discussion
Post by: Chuckone on June 12, 2015, 04:05:43 pm
First of all, I know that a lot of you (me as well included) are here for the long run, so short term price is not a pressing concern in the sense that we're not waiting for a rise to dump our holding and make a quick profit. I'm hoarding and accumulating because I really believe in the long term success of the platform, economically and idealogically, even more since the announcement of Bitshares 2.0. At some point I wasn't totally convinced it could go mainstream, but now it's totally clear in my mind Bitshares will become real big at some point.

That being said, I'm still wondering why the price has dropped since the announcement? Other than "buy the rumor, sell the news" type of answer, is there a logical explanation to the current situation?

In 2014 at some point we had a marketcap of more than 60-70M$ with a real buggy client and not even half the features that will come up with 2.0.

Was it all only hype and speculation, or is it because Bitshares is seriously undervalued right now?

Part of it may be because the market hasn't realized yet the potential of Bitshares 2.0 and that all those close to the project are actually already fully invested?

I'd like to have the perspective of traders (and everybody else also) on the subject!
Title: Re: Bitshares price discussion
Post by: lil_jay890 on June 12, 2015, 04:15:16 pm
The June 8th announcement was detailed on what could happen, but lacked when this would be put into effect.  Right now it sounds like it may be 3-5 months out.  Most crypto traders don't have that sort of time frame and hot money will start to filter out as bts stagnates around this market cap.

Remember NXT had a value of near 100million last year as well and they are down to 11million.  Ripple was worth near 1billion and has lost 75%.  Crypto is full of pump and dumps because liquidity is thin.
Title: Re: Bitshares price discussion
Post by: Permie on June 12, 2015, 04:16:53 pm
I haven't been here that long so I'm not so well informed but from reading comments on bitcointalk etc most people are simply uninformed about BitShares and were put off by the numerous hard forks and no clear direction.
I understand that all the changes were done for the good of the ecosystem but I don't think that message has permeated through yet and solid evidence in support is yet to come.
If everything in 2.0 works as described and the referral program starts paying marketers then the brand awareness problem will disappear!
Title: Re: Bitshares price discussion
Post by: Ander on June 12, 2015, 04:21:42 pm
Remember NXT had a value of near 100million last year as well and they are down to 11million.  Ripple was worth near 1billion and has lost 75%.  Crypto is full of pump and dumps because liquidity is thin.

...Vertcoin was worth 10M two days ago now its worth 3.5. :P
Title: Re: Bitshares price discussion
Post by: xeroc on June 12, 2015, 04:24:18 pm
I haven't been here that long so I'm not so well informed but from reading comments on bitcointalk etc most people are simply uninformed about BitShares and were put off by the numerous hard forks and no clear direction.
I understand that all the changes were done for the good of the ecosystem but I don't think that message has permeated through yet and solid evidence in support is yet to come.
If everything in 2.0 works as described and the referral program starts paying marketers then the brand awareness problem will disappear!
This .. + no one knows there will be powerful scripting in bts2.0 too ..
that .. in combo with bitUSD = world domination ... harharhar :P
Title: Re: Bitshares price discussion
Post by: bitmeat on June 12, 2015, 04:35:39 pm
First of all, I know that a lot of you (me as well included) are here for the long run, so short term price is not a pressing concern in the sense that we're not waiting for a rise to dump our holding and make a quick profit. I'm hoarding and accumulating because I really believe in the long term success of the platform, economically and idealogically, even more since the announcement of Bitshares 2.0. At some point I wasn't totally convinced it could go mainstream, but now it's totally clear in my mind Bitshares will become real big at some point.

That being said, I'm still wondering why the price has dropped since the announcement? Other than "buy the rumor, sell the news" type of answer, is there a logical explanation to the current situation?

In 2014 at some point we had a marketcap of more than 60-70M$ with a real buggy client and not even half the features that will come up with 2.0.

Was it all only hype and speculation, or is it because Bitshares is seriously undervalued right now?

Part of it may be because the market hasn't realized yet the potential of Bitshares 2.0 and that all those close to the project are actually already fully invested?

I'd like to have the perspective of traders (and everybody else also) on the subject!

The announcement lacks a LOT of detail. So it's really a glorified wishlist. Not that it's a bad thing, but there are a lot of moving parts and a lot that could go wrong. It also lacks whitepapers and peer reviews / security analysis. That's just what I see as a risk, which perhaps is being priced in.

The other thing is that this project keeps changing things and is constantly course correcting, not that this is a bad thing, but it's hard to take it seriously. Would you trust holding $10M in BitUSD with it? I know I wouldn't just yet.
Title: Re: Bitshares price discussion
Post by: karnal on June 12, 2015, 04:46:50 pm
I too am holding because I really believe BitShares will be revolutionary. Momentarily I had my doubts because of the removal of TITAN (it would go from revolutionary to enabling economic totalitariasm a la ripple), but BM has said he has some sweet plans in the privacy arena, and so far I don't doubt the man.

When the new client hits, we must all do our best to spread the word and inform the masses. This technology is simply better than anything else there is, and if the code matches the promises being made, I do believe the project has a very solid foundation.

Then we just need people getting paid in SmartCoins, merchants accepting them, and normal people using the system.
The market cap will explode upwards - it has to.

Title: Re: Bitshares price discussion
Post by: Ander on June 12, 2015, 04:59:55 pm
That being said, I'm still wondering why the price has dropped since the announcement? Other than "buy the rumor, sell the news" type of answer, is there a logical explanation to the current situation?

Thats actually a pretty logical explanation actually.  Its definitely a thing that happens.  Look at the coinbase bitcoin pump in January to 300, then crashed as soon as the news actually came out.

Another explanation:
You could also say that after a rise from .02 to .052, this is a perferctly normal correction.  A 50% retracement would be pretty normal and that was around .036.  We were very close to hitting it exactly.

If you look at the chart for the past several months, it looks like a huge cup and handle.  The big decline and rally is the cup, and the recent smaller decline to .036 and rally is the handle.  This is very very bullish if we manage to go back up and break to new highs, which I expect to happen eventually.

For the short term, we are still in a corrective pattern waiting for the next rally to get going.  Corrections are often in an ABC format (down-up-down).  We had the A, the B, and we are in the C, so it could be almost over.  (On the other hand, sometimes C drags on a long time, so who knows). 

The correction could be about over now (looking like a symmetrical triangle - a triangle with a lower high and a higher low), or take us back to .036 CNY again before finishing (a descending triangle).  While triangles are usually continuation patterns, which would indicate it should break up since we are now in an uptrend, descending triangles often break downward.  If that happened we would go to around .032, for a .618 fib retracement.


From an elliot wave perspective, the recent move from .0198 to .0527 looks clearly impulsive, that is, its a 5 wave move with strong volume.  Wave 3 (the push in mid may up to .04) was largest and had the most volume, which fits.  The move ended at .0527.  This was a big wave I of a new bull market move in BTS.  The fact that it is very clearly an impulse indicates that another move up must follow it.  We are currently in wave 2 which is taking a triangle shape as described above.  Wave 2s often retrace sharply.  A lot of traders dont trust the price rise after such a terrible decline before, so they are quick to bail on the new uptrend.  That is what we have to get through now. 

A corrective wave often retraces into the area of the previous 4th wave of lower degree.  In our case that is the correction on May 22-23rd, from .0408 to .031.  We have already dropped into that range so we dont 'need' to fall further.  But we could drop as low as .031 and it would still be perfectly normal. 

If we manage to fall to the low .03s I would do everything you could to buy there.  It would probably be followed by a sharp rise back up and then rally far above the recent .0527 high.   Or you could just buy here in the low .04s, the drift lower that we are experiencing could end any time and be followed by a sharp rise. 



To summarize, the very strong volume of the recent rise, its sharpness relative to the pace of the recent downtrend (we recovered from .02 to .05 faster than we fell from .05 to .02), and the structure of the rise (three parts, with the strongest buying in the middle), are indicative that it was an impulse wave, and that it "must" be followed by another rise, according to the rules of elliot wave.  Our fundamental understanding of bitshares that good things are coming soon supports this view as well.  So I would buy as much as you can.  The only question is do you buy now, or wait, hoping for a price in the .03s to buy, but possibly risk missing out. 




Quote
In 2014 at some point we had a marketcap of more than 60-70M$ with a real buggy client and not even half the features that will come up with 2.0.

Was it all only hype and speculation, or is it because Bitshares is seriously undervalued right now?

Probably some of both, plus bitcoin dropped. 

Quote
Part of it may be because the market hasn't realized yet the potential of Bitshares 2.0 and that all those close to the project are actually already fully invested?

Yes I think so.  Those of us who have been here a while mostly bought already, we are buying more when we can of course.  We probably have most of the money we are willing to allocate to crypto in already.  We need to attract new investors to replace those that panic dumped over the past months.  But I think this is happening.  BTS had a huge push up indicative of new money coming in.  It also attracted some momentum traders who pushed it up higher but are now cashing back out because it stopped rising.  We just need to wait out their selling a bit longer and get a bit more new money and we will go up again.
Title: Re: Bitshares price discussion
Post by: Chuckone on June 12, 2015, 06:00:08 pm

Thanks Ander for the technical analysis. I don't know much about that subject but I know enough to understand it's a powerful tool that needs to be considered seriously when you one want to predict short/mid term movements. Personnally I don't try to time my buys with the lowest of the lows in fear of missing out, so since we hit the bottom at 8.5M$ market cap I try to buy as much as I'm comfortable to before the next big push upward.

And with all the new gateways that popped up in the last months (Metaexchange, Blocktrades, CCEDK) Bitshares we'll be ready to receive all that new money!
Title: Re: Bitshares price discussion
Post by: jsidhu on June 12, 2015, 06:05:47 pm
wasnt there one more (biggest) news promised by BM about an exchange or something coming (which wasnt CCEDK) that he said he would release news soonish near the announcement of bts 2.0?
Title: Re: Bitshares price discussion
Post by: infovortice2013 on June 12, 2015, 06:08:59 pm
wasnt there one more (biggest) news promised by BM about an exchange or something coming (which wasnt CCEDK) that he said he would release news soonish near the announcement of bts 2.0?

(http://accionesdebolsa.com/wp-content/uploads/2013/10/topsecret.jpg)
Title: Re: Bitshares price discussion
Post by: Shentist on June 12, 2015, 06:10:51 pm
it was a big ANN but not what most of the people expected - at least not me!

I am still waiting for the ANN for the integration to the FIAT world, because bytemaster wrote the CCDEX was not the partner he will announce in this month.

For the future the proposal and changes will be hopefully good, the only concern i have is the really high transaction fees.

For example - I am from Germany - most of all bankaccounts are totaly free and you don't pay anything for transactions.Payments are routed in 24 hours. The competition is so brutal, some banks
will pay you for using your creditcards etc.. So the transaction costs are well hidden and it will be hard to convince the critical mass to get into crypto without a next financial crisis.
Title: Re: Bitshares price discussion
Post by: karnal on June 12, 2015, 06:17:25 pm
wasnt there one more (biggest) news promised by BM about an exchange or something coming (which wasnt CCEDK) that he said he would release news soonish near the announcement of bts 2.0?

(http://accionesdebolsa.com/wp-content/uploads/2013/10/topsecret.jpg)

(https://upload.wikimedia.org/wikipedia/commons/e/e7/Wikileaks_logo.svg)

 :D
Title: Re: Bitshares price discussion
Post by: mint chocolate chip on June 12, 2015, 06:27:41 pm
Bitcoin was worth double or triple what it is worth now, BitShares price is relative to Bitcoin's price, so that is partly responsible for the reason the total market cap in dollars is much lower than it once was.
Title: Re: Bitshares price discussion
Post by: Ander on June 12, 2015, 06:29:35 pm
wasnt there one more (biggest) news promised by BM about an exchange or something coming (which wasnt CCEDK) that he said he would release news soonish near the announcement of bts 2.0?

Hmm.  I thought it was CCEDK. 

To me the best news was 100k TPS, 1 second block time, with a new web client so people dont have to run the current slow bitshares client.  And the 'lessons learned' which resulted in improvements to many aspects of bitshares that currently arent working well enough.  And the referral program.  And the goal to generate fees to help bitshares become profitable (especially with the addition of the burn worker). 


Of course these are all things that are "coming this summer" but not yet released, so it makes sense that the market isnt sure that they are true yet.  When they release for real the price will probably react better.
Title: Re: Bitshares price discussion
Post by: sumantso on June 13, 2015, 12:26:02 am
To me the lopsided BitAssets 2.0 is a huge problem, and we are going to revisit the drawing board in another 6-7 months. Maybe BM and co. will get it right next time.

In short, I am not big bullish on medium term, not to say that price won't rise from here. Simply that I doubt it will be a success in the proposed format as everyone is assuming.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on June 13, 2015, 12:27:43 am
Thanks for analysis Ander.. I expected the price to rise considerably more than this after the announcement.. but now I can see it is just going to take a bit longer.
Title: Re: Bitshares price discussion
Post by: merockstar on June 13, 2015, 12:32:13 am
https://bitsharestalk.org/index.php/topic,16902.msg216149.html#msg216149

I'm battling a panic attack for the first time since I discovered this project.

If I feel this way, weaker hands are surely going to dump if the above post doesn't get clarified further.
Title: Re: Bitshares price discussion
Post by: tonyk on June 13, 2015, 02:00:32 am

If you look at the chart for the past several months, it looks like a huge cup and handle.  The big decline and rally is the cup, and the recent smaller decline to .036 and rally is the handle. 

I love technical analysis... mainly because you can see what you want to see...

You do not see the clear head and shoulders in the 6h and 12h BTS graph Ander?
Title: Re: Bitshares price discussion
Post by: Ander on June 13, 2015, 06:44:12 am
This is what I see:
(http://s11.postimg.org/bhfyvk9fn/bts2.png)


Handle isnt completed yet.  Pattern will be valid if we break to a new high.

Its a similar pattern to an inverse H&S, basically missing the left shoulder.\

The handle can drag o na bit longer and go a bit lower before breaking up, and thats fine.  (But it should happen somewhat soon).
Title: Re: Bitshares price discussion
Post by: Ander on June 13, 2015, 06:59:17 am
Elliot wave for our new bullmarket:

(http://s17.postimg.org/nb0in13kv/btselliot.png)
Title: Re: Bitshares price discussion
Post by: bitmeat on June 13, 2015, 07:03:17 am
My analysis says it will go down to 0.000020 - 0.000025 first. But you never know.

As far as cup/handle goes - there have been plenty of failed cup/handles on the way down.
Title: Re: Bitshares price discussion
Post by: Ander on June 13, 2015, 07:07:40 am
My analysis says it will go down to 0.000020 - 0.000025 first. But you never know.

As far as cup/handle goes - there have been plenty of failed cup/handles on the way down.

Well, wave 2, which we are in, can sometimes retrace most of wave 1, so its possible.  I am not betting on it though.  I'm looking to buy hard if we have another drop to around .036.

I dont think there were any cup and handles on the daily charts at least.  Maybe short time frames?

Anyway, its not a completed cup and handle until we break .0527.  Unitl then its just a potential and isnt predicting anything.  Its only a fantasy right now. :P
The ewave is definitely predicting a huge wave up afte the current correction ends, but not clear how long or deep that correction will be.
Title: Re: Bitshares price discussion
Post by: Ander on June 13, 2015, 07:16:58 am
https://bitsharestalk.org/index.php/topic,16902.msg216149.html#msg216149

I'm battling a panic attack for the first time since I discovered this project.

If I feel this way, weaker hands are surely going to dump if the above post doesn't get clarified further.

Yeah, good FUD job by Newmine there.  He got a reaction out of bytemaster. 


Whats going to happen is that we all are going to vote to fund the devs proposals, and the devs are going to do the proposals, and the price will rise more this summer as the good news keeps rolling, and then everyone will stop being unhappy. :)    Devs get paid and BTS goes up.
Title: Re: Bitshares price discussion
Post by: Mercury on June 13, 2015, 09:45:48 pm
My analysis says it will go down to 0.000020 - 0.000025 first. But you never know.

As far as cup/handle goes - there have been plenty of failed cup/handles on the way down.

I'm looking to buy hard if we have another drop to around .036.

Anyway, its not a completed cup and handle until we break .0527.

I'm really enjoying (and benefiting from) this discussion, so please excuse my question which probably has an 'obvious' answer that I'm just not picking up on, but, are all the above bts prices being noted in BTC?

The reason I ask is that right now, bts is sitting at about .00002951BTC/BTS (or $0.006301), so, bitmeat's comments noting BTS price range of .000020 - .000025, makes sense to me, we're talking BTS' "BTC price", but Ander's noted he's "looking for a drop to around .036"...?

I'm missing something. .036 is orders of magnitude greater than the current BTS price of .00002951BTC, so I'm a little confused.... How do we 'drop' from .00002951 'to' a .036...? Is that .036 price in BTCs? (What am I missing/not getting?)

Thanks for the clarification, and sorry if this has an obvious answer that I'm just not picking up on. (It's ok, you can blame it on my 'newbie' status.)

Thanks for the great discussion, and the clarification to my question, guys! I really appreciate it.

Peace.

-Merc
Title: Re: Bitshares price discussion
Post by: Permie on June 13, 2015, 10:05:54 pm
CNY not btc
Title: Re: Bitshares price discussion
Post by: Mercury on June 13, 2015, 11:31:03 pm
CNY not btc

Thank you, Permie! Got it. Thanks for the clarification.

So, just so I'm certain I'm clear on this, bitmeat was conversing & pricing BTS in BTC, while ander was conversing in CNY...? (Got it.)

Lordy, - gotta remind myself, we're swimming around in an international ecosystem! Very cool!

Thnx again, my friend, for the clarification.
Title: Re: Bitshares price discussion
Post by: Ander on June 13, 2015, 11:56:08 pm
The reason I use CNY is because the highest volume trade of BTS by far is in CNY, at btc38.
Title: Re: Bitshares price discussion
Post by: Ander on June 14, 2015, 12:05:12 am
Well, I just went ahead and bought more instead of waiting for lower prices.  I'd rather not miss out.  If it goes down I think its heading up afterwards anyway.
Title: Re: Bitshares price discussion
Post by: JA on June 14, 2015, 01:47:53 am
Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.
(http://i.imgur.com/JLQM56T.jpg)
Title: Re: Bitshares price discussion
Post by: jsidhu on June 14, 2015, 02:01:33 am
Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.
(http://i.imgur.com/JLQM56T.jpg)
Haha good one
Title: Re: Bitshares price discussion
Post by: Buck Fankers on June 14, 2015, 02:08:18 am
I'm still wondering why the price has dropped since the announcement?

IMHO...

announcements are only good for quick pump and dumps, without an actual product it means nothing, it's just hype to make quick profit off of for most day traders.

every small announcement from here until "this summer" will be met with this same small rise, dip leaving the price a little higher each time until we actually do reach "This summer" and some may even wait until after it has been released and proven for a few months before they start buying in.

Title: Re: Bitshares price discussion
Post by: Mercury on June 14, 2015, 03:40:56 am
The reason I use CNY is because the highest volume trade of BTS by far is in CNY, at btc38.

Thanks for your clarification on that, Ander. I appreciate (and understand) your rationale. 
Title: Re: Bitshares price discussion
Post by: Mercury on June 14, 2015, 03:48:11 am
I'm still wondering why the price has dropped since the announcement?

IMHO...

announcements are only good for quick pump and dumps, without an actual product it means nothing, it's just hype to make quick profit off of for most day traders.

every small announcement from here until "this summer" will be met with this same small rise, dip leaving the price a little higher each time until we actually do reach "This summer" and some may even wait until after it has been released and proven for a few months before they start buying in.

Very reasonable POV.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 14, 2015, 04:14:18 am
Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.

 :D  +5% +5% +5% +5%   :D

I smell a sockpuppet account coming with weekly updates using charts like yours.
Title: Re: Bitshares price discussion
Post by: canucklehead on June 14, 2015, 04:21:01 am
If you haven't read about SmartCoins yet, check this out:

https://bitshares.org/technology/price-stable-cryptocurrencies/
 (https://bitshares.org/technology/price-stable-cryptocurrencies/)
BitShares 2.0 will have much stronger pegs because of the lessons learned with the current system.


But remember, 
Stable SmartCoins were just the first innovation that started us off on our quest.

BitShares has become much, much more than that.

As you will find out in our next equally big announcement!

Just a few days away...

:)


Just a few days away? Another present?
Title: Re: Bitshares price discussion
Post by: Ander on June 14, 2015, 05:27:42 am
The last announcement came after we had started to correct already, so the prcie dropped.  But this one will come when the correction is about finished and ready to head higher, so it could pump the price greatly. 

Don't think this means that thsecond announcement was great and the first sucked.  In reality, its just all about the timing, and whether the market is ready to move up or down.
Title: Re: Bitshares price discussion
Post by: bobmaloney on June 14, 2015, 07:16:12 am
Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.
(http://i.imgur.com/JLQM56T.jpg)

Textbook.
Title: Re: Bitshares price discussion
Post by: karnal on June 14, 2015, 08:24:37 am
lolololol... you guys..:D
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 12:40:23 am
I'm hoping this price spike, plus bitcoin and many alts beginning to head up again in recent days, means that the rally is starting again.  If you havent bought yet because you were waiting for it to go to .03x CNY, you might miss out or get FOMOed soon.  I decided to not wait and just bought what I could in the .042x range.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 16, 2015, 03:44:46 am
(http://i.imgur.com/T7jYKGr.png)

market cap prediction : one hundred billion dollars.
Title: Re: Bitshares price discussion
Post by: Riverhead on June 16, 2015, 11:15:25 am
Jabba and Tuck owe me a new keyboard :P. Thank you for much needed levity.
Title: Re: Bitshares price discussion
Post by: cass on June 16, 2015, 11:26:16 am
Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.

 :D  +5% +5% +5% +5%   :D

I smell a sockpuppet account coming with weekly updates using charts like yours.

i begin to think we have add new emotions here on forum.. . :P  +5%
Title: Re: Bitshares price discussion
Post by: jsidhu on June 16, 2015, 01:30:48 pm
Interesting that chinese bears keep smacking price down with large sells on every rise.. Other coins going exponential and don't even have any news lol go figure.
Title: Re: Bitshares price discussion
Post by: xeroc on June 16, 2015, 02:13:48 pm
Interesting that chinese bears keep smacking price down with large sells on every rise.. Other coins going exponential and don't even have any news lol go figure.
Not sure you can simple blame "the chinese" ..
Title: Re: Bitshares price discussion
Post by: vikram on June 16, 2015, 02:30:27 pm
Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.
(http://i.imgur.com/JLQM56T.jpg)

Confirmed: we are the new wealthy elite, gentlemen.
Title: Re: Bitshares price discussion
Post by: karnal on June 16, 2015, 02:40:46 pm
True story.
Title: Re: Bitshares price discussion
Post by: Chuckone on June 16, 2015, 02:42:56 pm

Confirmed: we are the new wealthy elite, gentlemen.

I'll believe it when Bitshares surpass Bitcoin's market cap. Which is far from easily done!
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on June 16, 2015, 02:57:38 pm
Interesting that chinese bears keep smacking price down with large sells on every rise.. Other coins going exponential and don't even have any news lol go figure.

It won't be bears, it will be mainly front-runners selling on the news imo.

While Bitcoin struggles with changes I think we could see the crypto-currency contenders such as Dogecoin and LiteCoin perform well in the next few weeks. Litecoin is still considered the next crypto-currency should Bitcoin run into problems and is also coming up to a block reward halving which could significantly reduce selling pressure. Combined I wouldn't be surprised to see the LiteCoin rally continue strongly. 

Edit: Capital controls this weekend possibly for Greece could be good for all crypto too if it actually happens this time.
Title: Re: Bitshares price discussion
Post by: bitmeat on June 16, 2015, 04:43:25 pm
Interesting that chinese bears keep smacking price down with large sells on every rise.. Other coins going exponential and don't even have any news lol go figure.

I'd be happy if it is the devs selling to pay bills. Allows for newcomers to enter, and balances out the distribution.
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 06:48:57 pm
GET EXCITED! :)

You guys and your joke charts, lol.

Purple line on my chart looks to be happening. 
Title: Re: Bitshares price discussion
Post by: jsidhu on June 16, 2015, 07:46:58 pm
Interesting that chinese bears keep smacking price down with large sells on every rise.. Other coins going exponential and don't even have any news lol go figure.

I'd be happy if it is the devs selling to pay bills. Allows for newcomers to enter, and balances out the distribution.

I wouldn't be.. not at this time now is the time to make ground on #2 and #1... seems to be a major inflow of money coming in.. that doesn't mean distribute it should mean accumulate.
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 09:10:10 pm
A whale just shorted to themself tons of BTS worth of bitCNY, in million share chunks every couple minutes.  There's over $100,000 USD worth of volume in bitCNY. 

What does it mean? 

Title: Re: Bitshares price discussion
Post by: karnal on June 16, 2015, 09:15:13 pm
I think either he expects the price to drop and/or is happy with storing the value as bitCNY
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 09:25:16 pm
I think either he expects the price to drop and/or is happy with storing the value as bitCNY

If he shorts it to himself, it doesnt change his position.  If he expected the price to drop he would just buy itCNY from others, not short to himself.    I'm guessing its just a big whale rolling over his position.
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 11:00:25 pm
Man, litecoin is going craaaazy. 

We are fighting to stay ahead of Doge.


Hopefully when china wakes up very soon they'll see this and drive BTS to the moon as well on btc38.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on June 16, 2015, 11:26:16 pm
I'm guessing something big is coming out of Greece this week
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 11:27:43 pm
I'm guessing something big is coming out of Greece this week

All of its money? :D
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 16, 2015, 11:29:20 pm
Man, litecoin is going craaaazy. 

Old Skool P&D.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on June 16, 2015, 11:30:07 pm
I'm guessing something big is coming out of Greece this week

All of its money? :D
Capital controls
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 11:35:00 pm
I'm guessing something big is coming out of Greece this week

All of its money? :D
Capital controls

All its money leaving prior to the implementation of those capital controls.

Then what will they do to get their money out before its stolen?  Buy crypto or PMs are the only options.
Title: Re: Bitshares price discussion
Post by: Ander on June 16, 2015, 11:52:13 pm
Come on guys, we are only up 11.5%.  What is this BS? 
Buy harder! :P
Its time for the CCMF!
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on June 17, 2015, 12:07:34 am
China's only waking up it will be interesting to see if LTC still has some legs.
Title: Re: Bitshares price discussion
Post by: Riverhead on June 17, 2015, 02:03:06 am
BitShares-PTS up 24% ??

http://coinmarketcap.com/currencies/bitshares-pts/ (http://coinmarketcap.com/currencies/bitshares-pts/)

Are people in Greece just buying anything crypto? I mean it makes sense...doesn't take a lot of money to move the entire space so even if it's just a few wealthy people...
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on June 17, 2015, 02:04:21 am
BitShares-PTS up 24% ??

http://coinmarketcap.com/currencies/bitshares-pts/

 :o
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on June 17, 2015, 03:03:45 am
Can't believe the price is just following the LTC pump now. Shows you how unimportant news is in the crypto world. Heh.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 17, 2015, 04:07:45 am
I'm guessing something big is coming out of Greece this week

All of its money? :D

 ;D and  :-\ at the same time.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 17, 2015, 04:08:52 am
Come on guys, we are only up 11.5%.  What is this BS? 
Buy harder! :P
Its time for the CCMF!

Now we know who's selling.  ;)
Title: Re: Bitshares price discussion
Post by: Ander on June 17, 2015, 06:17:04 am
I'm not selling, unless we pull a litecoin, in which case I'd sell just a bit and try to buy back 5-10% lower.
Title: Re: Bitshares price discussion
Post by: Akado on June 17, 2015, 12:40:50 pm
i guess now the question is when will it come down. every crypto is suddenly rising, doesn't seem natural at all
Title: Re: Bitshares price discussion
Post by: Chuckone on June 17, 2015, 12:54:17 pm
i guess now the question is when will it come down. every crypto is suddenly rising, doesn't seem natural at all

The last pump lasted a few days, let's see how long this one goes on.

But then it will retreat and fall back to a little higher than last time (at least for Bitshares). There's definitely no correlation between the recent good news and this price increase, so I guess that increased adoption will only have a low to moderate impact in the short term. We might see in the future when Bitshares 2.0 is released a steady but incremental increase in the market cap as the Bitshares blockchain gain more and more utility. I believe a "slow" but continuous growth is definitely more sustainable than 15-20% daily increases.

Title: Re: Bitshares price discussion
Post by: jsidhu on June 17, 2015, 12:58:49 pm
i guess now the question is when will it come down. every crypto is suddenly rising, doesn't seem natural at all
Perfectly natural to me.. I predicted alt craze many months ago although last btc pumps have failed me maybe this time it's actually happening.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on June 17, 2015, 01:55:35 pm
I believe a "slow" but continuous growth is definitely more sustainable than 15-20% daily increases.

Same here...volatility shocks like this can be appealing to new adopters when they're positive, but scare way too many people away on the negative side. I'd rather see slow and steady growth, but I don't think that's in the cards for the early stages of this industry.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on June 17, 2015, 02:58:13 pm
I believe a "slow" but continuous growth is definitely more sustainable than 15-20% daily increases.

Same here...volatility shocks like this can be appealing to new adopters when they're positive, but scare way too many people away on the negative side. I'd rather see slow and steady growth, but I don't think that's in the cards for the early stages of this industry.

I believe it's the prospect of Greek capital controls, we witnessed a similar situation after Cryprus, crypto-currencies really took off.

In terms of percentage gains LTC & DGC could be the big winners,  followed by NXT & possibly PPC etc, then Bitcoin itself.

The one's that will increase but benefit the least from the Greece effect would be Ripple, BitShares, Stellar, MaidSafe and Ethereum if it's trading.

Title: Re: Bitshares price discussion
Post by: Ander on June 17, 2015, 04:59:26 pm
The volatility in crypto should be expected given the small market caps and low liquidity.  When one guy with some money buys or sells it has a huge effect, and then momentum followers pile on as well.


The intraday chart for the past couple days i very strange.  It looks like one guy is periodically pumping the price by buying millions at once, and then someone else dumps afterward each time.  Each time the push up gets easier at least, since we took out some resistance.

I wish our news would have an effect on the price sometimes.  It doesnt seem correlated at all.
Title: Re: Bitshares price discussion
Post by: mf-tzo on June 17, 2015, 05:18:59 pm
I didn't believe I would say this but it appears that Greeks are waking up with crypto...Over the last week I had a lot of people start asking me about bitcoin...Same people that were ignoring me for the last 2 years..lol...

What I always believed and worked quite well for me in the past, is that when bitcoin goes up, all other explode...So if there are capital controls in Greece (which I am pretty soon will have sooner or later) and speculation about bitcoin goes mad (irrespective if Greeks are buying or not) then Bitshares and other will explode in price (irrespective if Greeks are buying or not..)

So all in all prepare yourselves for huge rises in crypto because bad things are definitely coming in Greece..And when this happens if bitcoin goes +100% rise within a week, bitshares will be +500% within the same period..The only difference will be that once all bull madness stops, hopefully bitshares 2 will be ready for mass adoption and Greeks may actually start buying biteuros...And then Bitshares will be unstopable...Don't forget that this small country has a lot of very wealthy people, shipowners etc..A couple of those buying biteur and Bitshares will overtake bitcoin.Think twice now before you dump your bitshares for peanuts...

Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on June 17, 2015, 10:49:37 pm
I didn't believe I would say this but it appears that Greeks are waking up with crypto...Over the last week I had a lot of people start asking me about bitcoin...Same people that were ignoring me for the last 2 years..lol...

What I always believed and worked quite well for me in the past, is that when bitcoin goes up, all other explode...So if there are capital controls in Greece (which I am pretty soon will have sooner or later) and speculation about bitcoin goes mad (irrespective if Greeks are buying or not) then Bitshares and other will explode in price (irrespective if Greeks are buying or not..)

So all in all prepare yourselves for huge rises in crypto because bad things are definitely coming in Greece..And when this happens if bitcoin goes +100% rise within a week, bitshares will be +500% within the same period..The only difference will be that once all bull madness stops, hopefully bitshares 2 will be ready for mass adoption and Greeks may actually start buying biteuros...And then Bitshares will be unstopable...Don't forget that this small country has a lot of very wealthy people, shipowners etc..A couple of those buying biteur and Bitshares will overtake bitcoin.Think twice now before you dump your bitshares for peanuts...

you'd know better than most of us on here, but it does seem like a good deal of financial repression is heading your way in Greece. It'd be great to see more people protect themselves via crypto, even if it's just a transmission vehicle to get funds out of country.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on June 17, 2015, 10:51:54 pm
I believe a "slow" but continuous growth is definitely more sustainable than 15-20% daily increases.

Same here...volatility shocks like this can be appealing to new adopters when they're positive, but scare way too many people away on the negative side. I'd rather see slow and steady growth, but I don't think that's in the cards for the early stages of this industry.

I believe it's the prospect of Greek capital controls, we witnessed a similar situation after Cryprus, crypto-currencies really took off.

In terms of percentage gains LTC & DGC could be the big winners,  followed by NXT & possibly PPC etc, then Bitcoin itself.

The one's that will increase but benefit the least from the Greece effect would be Ripple, BitShares, Stellar, MaidSafe and Ethereum if it's trading.

also consider that the BTS market cap has run up to about $20M from $8M a month ago...not a bad gain  :)
Title: Re: Bitshares price discussion
Post by: Ander on June 17, 2015, 11:08:52 pm
I believe a "slow" but continuous growth is definitely more sustainable than 15-20% daily increases.

Same here...volatility shocks like this can be appealing to new adopters when they're positive, but scare way too many people away on the negative side. I'd rather see slow and steady growth, but I don't think that's in the cards for the early stages of this industry.

I believe it's the prospect of Greek capital controls, we witnessed a similar situation after Cryprus, crypto-currencies really took off.

In terms of percentage gains LTC & DGC could be the big winners,  followed by NXT & possibly PPC etc, then Bitcoin itself.

The one's that will increase but benefit the least from the Greece effect would be Ripple, BitShares, Stellar, MaidSafe and Ethereum if it's trading.

also consider that the BTS market cap has run up to about $20M from $8M a month ago...not a bad gain  :)

When you consider that it was in the 40-50M range to start the year it doesnt look like a gain anymore. :P
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on June 17, 2015, 11:41:09 pm
also consider that the BTS market cap has run up to about $20M from $8M a month ago...not a bad gain  :)

When you consider that it was in the 40-50M range to start the year it doesnt look like a gain anymore. :P
[/quote]

ha, yeah i hear ya! anchoring, though, my cyber friend...
Title: Re: Bitshares price discussion
Post by: Ander on June 24, 2015, 05:08:25 am
Got another 120k BTS in the .0440s.  It'll probably either be terrible timing or awesome timing, but I dont know which yet.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 24, 2015, 04:30:13 pm
Got another 120k BTS in the .0440s.  It'll probably either be terrible timing or awesome timing, but I dont know which yet.

 :-\
Title: Re: Bitshares price discussion
Post by: Ander on June 24, 2015, 05:06:49 pm
Turned out to be bad, the support level broke.  Was hoping it would hold.

This corrective phase is dragging on.  The low volume pullback continues.
It surprises me that the price is doing so poorly when we are having all this news.  I'd expect one sell the news event, but now we are having news every week, with actual press articles, and its going nowhere. 
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 24, 2015, 06:22:52 pm
Turned out to be bad, the support level broke.  Was hoping it would hold.

This corrective phase is dragging on.  The low volume pullback continues.
It surprises me that the price is doing so poorly when we are having all this news.  I'd expect one sell the news event, but now we are having news every week, with actual press articles, and its going nowhere.

Maybe BJ2.O is cashing out so he doesn't have to go hungry in the desert. ;) It's sinful to sell at these prices!
Title: Re: Bitshares price discussion
Post by: Riverhead on June 24, 2015, 06:53:03 pm
Turned out to be bad, the support level broke.  Was hoping it would hold.

This corrective phase is dragging on.  The low volume pullback continues.
It surprises me that the price is doing so poorly when we are having all this news.  I'd expect one sell the news event, but now we are having news every week, with actual press articles, and its going nowhere.

Maybe BJ2.O is cashing out so he doesn't have to go hungry in the desert. ;) It's sinful to sell at these prices!
A moment of thanks for the siners.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 24, 2015, 06:55:37 pm
A moment of thanks for the siners.

(http://i.imgur.com/kUG3Gat.jpg)
Title: Re: Bitshares price discussion
Post by: allseeinguy on June 24, 2015, 10:05:46 pm
Only a few weeks ago the market cap was 8-9M USD. There's a lot of dumping (profiting) now as a result. Remember not everyone see's bitshares as a long term investment, to some its just another coin to play with.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 25, 2015, 06:48:49 am
to most its just another coin to play with.

ftfy ;)
Title: Re: Bitshares price discussion
Post by: jsidhu on June 25, 2015, 07:52:09 am
We will most likely double these prices before a top is set.. Any pullback is a buy right now
Title: Re: Bitshares price discussion
Post by: bitmeat on June 25, 2015, 08:22:24 am
I'm surprised someone with $40K doesn't just come in and buy BTS and short the hell out of those desperate bids. Or is the issue that they may have to cover a month from now?

I'm still unclear what the latest rules are. Can you short at higher prices now? Would a short order above be matched by a regular buy?
Title: Re: Bitshares price discussion
Post by: Ander on June 25, 2015, 05:25:33 pm
We will most likely double these prices before a top is set.. Any pullback is a buy right now

I agree, thats why I bought it at .044.  Might just be that the low was 1 dump lower than that, at .04. Its refusing to stay at .04, bounces up to .043 each time.
Title: Re: Bitshares price discussion
Post by: karnal on June 25, 2015, 08:49:25 pm
We will most likely double these prices before a top is set.. Any pullback is a buy right now

I agree, thats why I bought it at .044.  Might just be that the ow was 1 dump lower than that, at .04. Its refusing to stay at .04, bounces up to .043 each time.

I already bought mine :D
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on June 26, 2015, 09:28:51 am
Remember NXT had a value of near 100million last year as well and they are down to 11million.

I'm going to piss off some NXT'rs (again), but that was mostly due to the massive pump & dump we warned them* about before it ever happened.

* my assumption. some say they, the big boys of NXT, were in on it, you be the judge, go read (http://tuckfheman.com/post/96932517399/supernetwork-ico-raised-2k-bitcoins-in-2-hours) their forum from last summer.

Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on June 29, 2015, 01:41:42 pm
Only a few weeks ago the market cap was 8-9M USD. There's a lot of dumping (profiting) now as a result. Remember not everyone see's bitshares as a long term investment, to some its just another coin to play with.

exactly...crypto markets are so illiquid considering that they're globally accessible, so prices are even more so driven by marginal traders who can have very short term anchor points. someone buying in at $8M market cap would have every justification to close out their trade at these prices and feel good about themselves. they may not feel as good about themselves when it's at $80M or $800M, but so be it...
Title: Re: Bitshares price discussion
Post by: allseeinguy on June 29, 2015, 02:35:20 pm

Only a few weeks ago the market cap was 8-9M USD. There's a lot of dumping (profiting) now as a result. Remember not everyone see's bitshares as a long term investment, to some its just another coin to play with.
when it's at $80M or $800M, but so be it...

Now THAT sir is what I'm expecting to see !
Title: Re: Bitshares price discussion
Post by: Chuckone on June 29, 2015, 05:17:19 pm
Only a few weeks ago the market cap was 8-9M USD. There's a lot of dumping (profiting) now as a result. Remember not everyone see's bitshares as a long term investment, to some its just another coin to play with.

exactly...crypto markets are so illiquid considering that they're globally accessible, so prices are even more so driven by marginal traders who can have very short term anchor points. someone buying in at $8M market cap would have every justification to close out their trade at these prices and feel good about themselves. they may not feel as good about themselves when it's at $80M or $800M, but so be it...

Every time the market cap of BTS will increase significantly, we'll see traders cashing out their profit, satisfied they made a good return on their investment. They'll be looking for the next pump on another alt. So each big rise will be followed by a retreat of the price. But each retreat following a rise will leave BTS at a higher market cap then before. Include in this mix the fact that more and more clients will be using the Bitshares blockchain and you've got organic growth. So instead of a period of stable/declining prices after a retreat while waiting the next pump, the price will continue to steadily increase. I don't have a crystal ball, but I believe BTS is in for a wild ride in the next 12 to 18 months.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on June 29, 2015, 06:06:55 pm
It would be really helpful if bitcoin could start moving higher... Right now btc is still the lead dog and a jump in price would grab a lot of crypto media attention.  That would bring in more outsiders and give them more of a reason to look at alts like bts... Once they own bitcoin it becomes much easier and less expensive for them to move to bts, not to mention getting over the mental hurdle of buying crypto to begin with.
Title: Re: Bitshares price discussion
Post by: Ander on June 29, 2015, 09:32:29 pm
Freaking Litecoins.

BTS has spent over a month now correcting.  We should be ready to move. 
Title: Re: Bitshares price discussion
Post by: jsidhu on June 29, 2015, 09:50:48 pm
dogecoin is even doing better than bts... seems bts bears are too strong and dogecoin bears not enough of them... more volume in doge too. THe market hasnt bought up the new bts release as of yet.. so i think they will need to see a proof of concept. Right now all coins rising.. and then the coins with bigger bears are being dragged down... i do think we will rise so not a time to sell unless you think you can get better gains in another coin.. but thats a dumb move IMO at this point because its negligible difference at this point.
Title: Re: Bitshares price discussion
Post by: jsidhu on June 29, 2015, 09:51:22 pm
It would be really helpful if bitcoin could start moving higher... Right now btc is still the lead dog and a jump in price would grab a lot of crypto media attention.  That would bring in more outsiders and give them more of a reason to look at alts like bts... Once they own bitcoin it becomes much easier and less expensive for them to move to bts, not to mention getting over the mental hurdle of buying crypto to begin with.

Yes I said many times that when the REAL altcoin craze happens it will be in coordination with btc unlike the other times.
Title: Re: Bitshares price discussion
Post by: Ander on June 29, 2015, 09:55:58 pm
The market hasnt bought up the new bts release as of yet.

The market has sold the new BTS release, because they swallowed all the FUD about Cryptonomex.


Quote
so i think they will need to see a proof of concept.

Indeed, we need the release.  I think 100k TPS is incredibly exciting, but peopel are going to have to see it in order to believe it.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on June 30, 2015, 09:29:41 am
Freaking Litecoins.

 $$$$$  8) 8) 8)

Litecoin is still considered the next crypto-currency should Bitcoin run into problems and is also coming up to a block reward halving which could significantly reduce selling pressure. Combined I wouldn't be surprised to see the LiteCoin rally continue strongly. 

Capital controls this weekend possibly for Greece could be good for all crypto too if it actually happens this time.
Title: Re: Bitshares price discussion
Post by: starspirit on June 30, 2015, 11:51:23 am
What logical rationale is there for LTC to be worth nearly 10 times BTS?  ???
Title: Re: Bitshares price discussion
Post by: triox on June 30, 2015, 12:02:09 pm
What logical rationale is there for LTC to be worth nearly 10 times BTS?  ???

LTC currently has real usage as a tumbler for Bitcoin.
Title: Re: Bitshares price discussion
Post by: liondani on June 30, 2015, 12:20:35 pm
Because of capital control in Greece I expect BTC to increase the next days from citizens from other European Country's in fear they could be the next victims....

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: Bitshares price discussion
Post by: liondani on June 30, 2015, 12:21:39 pm
Don't underestimate a domino effect...

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: Bitshares price discussion
Post by: xeroc on June 30, 2015, 12:49:08 pm
Don't underestimate a domino effect...
don't overestimate the ratio in decentralized markets .. hint: LTC  ;D
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on June 30, 2015, 02:19:19 pm
It would be really helpful if bitcoin could start moving higher... Right now btc is still the lead dog and a jump in price would grab a lot of crypto media attention.  That would bring in more outsiders and give them more of a reason to look at alts like bts... Once they own bitcoin it becomes much easier and less expensive for them to move to bts, not to mention getting over the mental hurdle of buying crypto to begin with.

agreed. any boost to crypto acceptance is a good thing for BTS. we just need to be patient and keep pushing for the best p2p asset exchange...
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on June 30, 2015, 03:01:51 pm
Freaking Litecoins.

 $$$$$  8) 8) 8)

Litecoin is still considered the next crypto-currency should Bitcoin run into problems and is also coming up to a block reward halving which could significantly reduce selling pressure. Combined I wouldn't be surprised to see the LiteCoin rally continue strongly. 

Capital controls this weekend possibly for Greece could be good for all crypto too if it actually happens this time.

What logical rationale is there for LTC to be worth nearly 10 times BTS?  ???

Immutability.

(It's Chinese popularity is also very beneficial.)

I've written about the subject extensively and pre-emptively. (Prior to the BTSX to BTS transition)


I believe it's the prospect of Greek capital controls, we witnessed a similar situation after Cryprus, crypto-currencies really took off.

In terms of percentage gains LTC & DGC could be the big winners,  followed by NXT & possibly PPC etc, then Bitcoin itself.

The one's that will increase but benefit the least from the Greece effect would be Ripple, BitShares, Stellar, MaidSafe and Ethereum if it's trading.

DGC has made some changes in the past, but if you understood this principle and went strongly into LTC with additional exposure to PPC, DGC & NXT , your portfolio would be up over 50% in two weeks and climbing vs. being stagnant with BTS. (Despite BTS being the one with the best blockchain and game changing developments in progress.)

XRP has done well over the same period and I have it in my portfolio,  but that's based primarily on it's RBS news imo.


So you are now left with the frustrating situation where vastly inferior blockchains will rise rapidly in value when centralised currencies have problems despite having almost no development and being extremely costly while BitShares, who is literally blowing them away from a development standpoint and cost comparison has to get it's valuation up the hard way through blood, sweat and tears.


(Edit: Clout also makes a good point in another thread about Btc-e deposits surging and everything listed there doing very well.)
Title: Re: Bitshares price discussion
Post by: Ander on June 30, 2015, 05:20:57 pm
Very interesting point about the btc-e pump, that makes a lot of sense actually. 
In may we had a btc38 centered pump with BTS and Doge leading, because those are popular there. 

Traders like to make an account on one site, and trade the coins listed on that site. 
Title: Re: Bitshares price discussion
Post by: Ander on July 07, 2015, 04:59:19 am
I bought more in the .0370s.  The correction has dragged on, but if C=A in this ABC correction the bottom should be around .036 - .037ish. 

The moving averages look bad now, but its very oversold, RSI is about as low as it can go already.
Title: Re: Bitshares price discussion
Post by: Ander on July 07, 2015, 05:10:06 am
People just randomly dumping everything to chase whatever already broke out.  They dump to buy LTC, now they dump LTC to buy NXT, and its up 40%. 
Title: Re: Bitshares price discussion
Post by: Krills on July 07, 2015, 05:15:26 am
People just randomly dumping everything to chase whatever already broke out.  They dump to buy LTC, now they dump LTC to buy NXT, and its up 40%.
They sold everything to buy NXT because of this news.
http://www.forbes.com/sites/rogeraitken/2015/07/05/greek-economic-crisis-is-a-parallel-currency-the-answer/ (http://www.forbes.com/sites/rogeraitken/2015/07/05/greek-economic-crisis-is-a-parallel-currency-the-answer/)
Title: Re: Bitshares price discussion
Post by: Ander on July 07, 2015, 05:55:51 am
Apparently articles about NXT make it go up 40%, but ones about BTS dont do shit.  Got it.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 07, 2015, 06:06:58 am
Apparently articles about NXT make it go up 40%, but ones about BTS dont do shit.  Got it.

A proper article in Forbes about NXT, directly related to the current Greek situation (that is moving crypto) and it's ability to solve problems there. So it's not too surprising.

I actually find highlighting 2.0 tech at this time bullish for BitShares because BTS 2.0 & BitAssets are superior. 
Title: Re: Bitshares price discussion
Post by: bitmeat on July 07, 2015, 06:10:35 am
Apparently articles about NXT make it go up 40%, but ones about BTS dont do shit.  Got it.

NXT is a LOT more stable than BTS. Perhaps that has something to do with it?

If BTS2.0 delivers on a cleaner, more stable client, then heavy marketing can begin. Dan didn't want to settle for mediocre product with 1.0.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 07, 2015, 01:57:39 pm
People just randomly dumping everything to chase whatever already broke out.  They dump to buy LTC, now they dump LTC to buy NXT, and its up 40%.
They sold everything to buy NXT because of this news.
http://www.forbes.com/sites/rogeraitken/2015/07/05/greek-economic-crisis-is-a-parallel-currency-the-answer/ (http://www.forbes.com/sites/rogeraitken/2015/07/05/greek-economic-crisis-is-a-parallel-currency-the-answer/)

you sold all your BTS to buy NXT? i've been buying both steadily over the last year and will keep doing so. I actually sold a little NXT today to buy some more BTS to take advantage of the price differential.

in general, i think it a good idea to spread your bets around a few of the key crypto ventures since we don't know which will succeed in the end. BTS is definitely on my short list of innovative crypto ventures to keep loading up on every time i see a decent buy opportunity.
Title: Re: Bitshares price discussion
Post by: Ander on July 07, 2015, 05:58:50 pm
* The .0365 low that we hit was an exact 50% fib retracement of the move from .0198 to .0532.
* Volume was higher the past two days as we approached the low, but was still much less than during the may rally. 
* The price action for the past 5 weeks looks like an ABC correction. 
* Indicators are very oversold.


The only negative is the moving averages.
This could be a bottom, marking the end of this wave 2 correction and start of wave 3 up.  (It could drag on and go a bit lower, but it doesnt need to). 
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 07, 2015, 09:01:17 pm
* The .0365 low that we hit was an exact 50% fib retracement of the move from .0198 to .0532.
* Volume was higher the past two days as we approached the low, but was still much less than during the may rally. 
* The price action for the past 5 weeks looks like an ABC correction. 
* Indicators are very oversold.


The only negative is the moving averages.
This could be a bottom, marking the end of this wave 2 correction and start of wave 3 up.  (It could drag on and go a bit lower, but it doesnt need to).

i've never put too much stock into technical analysis, but i'll take any positive news at this point :)
Title: Re: Bitshares price discussion
Post by: Permie on July 07, 2015, 09:11:37 pm
* The .0365 low that we hit was an exact 50% fib retracement of the move from .0198 to .0532.
* Volume was higher the past two days as we approached the low, but was still much less than during the may rally. 
* The price action for the past 5 weeks looks like an ABC correction. 
* Indicators are very oversold.


The only negative is the moving averages.
This could be a bottom, marking the end of this wave 2 correction and start of wave 3 up.  (It could drag on and go a bit lower, but it doesnt need to).

i've never put too much stock into technical analysis, but i'll take any positive news at this point :)
As a non-trader, the only time I'd be concerned about the price is if it doesn't increase after DPOS 2 is released. Until then it's all noise, IMO. It seems to be the same players just moving their value from coin to coin. I would be more upset if bitcoin or nxt suddenly had a huge influx of new users and none of them liked BitShares (if bts price doesn't move too)

Obviously it could be very profitable noise if you know what you're doing
Title: Re: Bitshares price discussion
Post by: Riverhead on July 08, 2015, 05:13:21 am
For perspective I'm just going to leave this here :)

(http://i.imgur.com/puuowlu.png)
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 08, 2015, 12:15:01 pm
Excellent perspective @Riverhead
Title: Re: Bitshares price discussion
Post by: Buck Fankers on July 09, 2015, 06:55:30 am
For perspective I'm just going to leave this here :)

wow
Title: Re: Bitshares price discussion
Post by: Ander on July 10, 2015, 01:43:01 am
BUYYYYYYYYYYY!

NOW.

The price is at .0408 as I post this.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 10, 2015, 01:44:06 am
BUYYYYYYYYYYY!

NOW.

The price is at 4.08 as I post this.

 +5% BTC38 all green, (Excl.XRP) maybe we get some nice BTS increase tonight.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on July 10, 2015, 04:11:58 am
signs of life
Title: Re: Bitshares price discussion
Post by: Krills on July 10, 2015, 09:15:14 am
(http://i.imgur.com/LSFeAmf.png)
XRP\BTS\STR..
 :'( :'( :'( :'( :'( :'( :'(
Why?
Title: Re: Bitshares price discussion
Post by: Ander on July 10, 2015, 09:24:07 am
Holy shit BTC is going nuts on huobi.  WTF.

Its like 60 dollars higher than Bitfinex.
Title: Re: Bitshares price discussion
Post by: sumantso on July 10, 2015, 09:40:13 am
signs of life

Right ...  :-X
Title: Re: Bitshares price discussion
Post by: Permie on July 10, 2015, 09:42:19 am
(http://i.imgur.com/LSFeAmf.png)
XRP\BTS\STR..
 :'( :'( :'( :'( :'( :'( :'(
Why?
You and newmine been shorting bts?
Could explain a lot
Title: Re: Bitshares price discussion
Post by: Krills on July 10, 2015, 09:50:13 am
(http://i.imgur.com/LSFeAmf.png)
XRP\BTS\STR..
 :'( :'( :'( :'( :'( :'( :'(
Why?
You and newmine been shorting bts?
Could explain a lot
NONONO.
I am shorting bitusd
Title: Re: Bitshares price discussion
Post by: Permie on July 10, 2015, 09:58:03 am
XRP\BTS\STR..
 :'( :'( :'( :'( :'( :'( :'(
Why?
You and newmine been shorting bts?
Could explain a lot
NONONO.
I am shorting bitusd
Then why are you crying over a 9% gain?
Title: Re: Bitshares price discussion
Post by: Ander on July 10, 2015, 04:16:50 pm
Looks like everything dumped late last night.  Was crazy. 
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 10, 2015, 04:19:15 pm
Looks like everything dumped late last night.  Was crazy.

yup, and now rolling into BTC. in the end this big pump brought in a bunch of new capital to crypto...maybe something like $50M in new capital that'll slosh around trying to find a home. right now it's just going back to BTC, but the pie has grown overall...
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 13, 2015, 08:31:29 pm
Hello everyone I am new to Bitshares...i have a few questions.


1. Why does the wallet on the website not work?

2. If i invest in BTS now are my shares safe?...is this an ico or something ...


3. Do you see BTS hitting .05 usd this year or higher?


sorry for stupid questions
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 13, 2015, 08:41:06 pm
Hello everyone I am new to Bitshares...i have a few questions.


1. Why does the wallet on the website not work?

2. If i invest in BTS now are my shares safe?...is this an ico or something ...


3. Do you see BTS hitting .05 usd this year or higher?


sorry for stupid questions

welcome @Blazin8888,

#1 i'll defer to one of the technical guys in here, but my wallet works just fine

#2 from a tech perspective, i'd say your BTS are 'safe' in that the network isn't going anywhere anytime soon. from a finance perspective, no BTS cannot claim to be safe, BTS are shares in a high risk distributed startup company whose future is uncertain. that said, i'm quite bullish on BTS.

#3 only soothsayers and charlatans would claim to be able to predict BTS price, so no clue :)
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 13, 2015, 08:43:52 pm
thank you sir.

When I open my wallet on windows 8.1  it says failed to start wallet please restart
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 13, 2015, 08:51:19 pm
thank you sir.

When I open my wallet on windows 8.1  it says failed to start wallet please restart

my pleasure and good luck getting that wallet set up! if you feel up for it at some point, check out the asset exchanges. bitUSD and bitCNY are the most liquid, so prob the best places to start playing around buying or shorting our products.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 14, 2015, 02:14:13 am
I have done all of that several times and it still says

"an error occurred while trying to start please restart the application."
Title: Re: Bitshares price discussion
Post by: roadscape on July 14, 2015, 04:18:14 am
I have done all of that several times and it still says

"an error occurred while trying to start please restart the application."

This thread provides a few leads: https://bitsharestalk.org/index.php?topic=7022.0
-Try clearing out the %APPDATA%/BitShares folder (assuming you don't have any wallets)
-Do you have non-english characters in your username?
-Have you installed the BitShares client before?

If none of these work, you should post a screenshot
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 14, 2015, 05:18:05 am
No i have never installed it. I tried what you said and it still does not work. Everything is in english yes.
Title: Re: Bitshares price discussion
Post by: chryspano on July 14, 2015, 06:46:41 am
I have done all of that several times and it still says

"an error occurred while trying to start please restart the application."

maybe your antivirus is causing the problem?

https://bitsharestalk.org/index.php/topic,15912.msg206656.html#msg206656
Title: Re: Bitshares price discussion
Post by: jsidhu on July 14, 2015, 02:18:41 pm
No i have never installed it. I tried what you said and it still does not work. Everything is in english yes.
Download latest release from github. Try again after cleaning your data die.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 14, 2015, 02:57:57 pm
Thank you was my anti virus!
Title: Re: Bitshares price discussion
Post by: Ander on July 14, 2015, 05:51:06 pm
Glad you figured it out Blazin!


Back to the price...good chance of a bottom here at .036 again.  Three dumps down to that level today and each time it bounces right back up.  This is the 50% retracement level of the move up, so its a common place to find a bottom or the retracement.  The june-july pullback has been much lower volume than the may rise, which indicates we will probably go up again.

Was sad to see our post-litecoin-pump rally come to an end with so much dumping.  But we shook off some more bears in the process. Gotta get all the shares into the hands of actual bitshares believers, so we can go up!
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 14, 2015, 05:53:30 pm
Glad you figured it out Blazin!


Back to the price...good chance of a bottom here at .036 again.  Three dumps down to that level today and each time it bounces right back up.  This is the 50% retracement level of the move up, so its a common place to find a bottom or the retracement.  The june-july pullback has been much lower volume than the may rise, which indicates we will probably go up again.

Was sad to see our post-litecoin-pump rally come to an end with so much dumping.  But we shook off some more bears in the process. Gotta get all the shares into the hands of actual bitshares believers, so we can go up!

Until a release date becomes more clear for bitshares 2.0, we probably will just slosh around this 15mil market cap.  It would be kind of funny if banxshares ends up surpassing us in market cap.
Title: Re: Bitshares price discussion
Post by: Ander on July 14, 2015, 05:57:10 pm
Glad you figured it out Blazin!


Back to the price...good chance of a bottom here at .036 again.  Three dumps down to that level today and each time it bounces right back up.  This is the 50% retracement level of the move up, so its a common place to find a bottom or the retracement.  The june-july pullback has been much lower volume than the may rise, which indicates we will probably go up again.

Was sad to see our post-litecoin-pump rally come to an end with so much dumping.  But we shook off some more bears in the process. Gotta get all the shares into the hands of actual bitshares believers, so we can go up!

Until a release date becomes more clear for bitshares 2.0, we probably will just slosh around this 15mil market cap.  It would be kind of funny if banxshares ends up surpassing us in market cap.

Bank price seems to be set at a fixed amount of BTC, so if we drop in satoshi terms enough, or they raise the price, it'll happen. 

We may have to wait until release for price to rise again, but maybe some forward thinking whales will buy it up in advance so they are positioned when the news hits.  We'll see.    There have been too many people wanting to sell over the past 6 weeks.  We just need them to run out.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 14, 2015, 06:09:44 pm
Glad you figured it out Blazin!


Back to the price...good chance of a bottom here at .036 again.  Three dumps down to that level today and each time it bounces right back up.  This is the 50% retracement level of the move up, so its a common place to find a bottom or the retracement.  The june-july pullback has been much lower volume than the may rise, which indicates we will probably go up again.

Was sad to see our post-litecoin-pump rally come to an end with so much dumping.  But we shook off some more bears in the process. Gotta get all the shares into the hands of actual bitshares believers, so we can go up!

working on it! buy more every day, just small(ish) batches to keep it consistent.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 14, 2015, 06:47:32 pm
Two questions..


1. What has been the ATH of BTS


2. Where do you guys see 2015s ATH reaching after Bitshares 2.0 drops?
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 14, 2015, 06:55:06 pm
Two questions..


1. What has been the ATH of BTS


2. Where do you guys see 2015s ATH reaching after Bitshares 2.0 drops?

here's a cool price chart:

http://bitsharesblocks.com/charts/prices

no clue where BTS price will end up, but i'm bullish :)
Title: Re: Bitshares price discussion
Post by: Ander on July 14, 2015, 07:04:25 pm
Two questions..

1. What has been the ATH of BTS

About 5 cents.  (.32 CNY)
Or around 9-10k satoshis, for a couple days in august and again in october). 

Its currently down about 85% from the high.  Its below the ipo price, from back when Bitshares was just an idea and no code had even been written.

Quote
2. Where do you guys see 2015s ATH reaching after Bitshares 2.0 drops?

500 knives properly properly!  (This is an inside joke). 



Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 14, 2015, 07:59:36 pm
Interesting. Just to confirm it is no longer an ICO correct?


The BTS I purchase today will still be good tmrw?


Many people are sidetracked by BTC and LTC but when things pick up even more on those ends I think we will see more attention drawn this way.
Title: Re: Bitshares price discussion
Post by: Ander on July 14, 2015, 08:04:03 pm
Interesting. Just to confirm it is no longer an ICO correct?


The BTS I purchase today will still be good tmrw?


Many people are sidetracked by BTC and LTC but when things pick up even more on those ends I think we will see more attention drawn this way.

ICO ended like 15 months ago.  BTS today is good tomorrow, yes.  But don't buy it on bter!  Btc38 is #1 volume by a lot, poloniex is 2nd.

When BTS 2.0 launches all your BTS will convert into the new BTS, with no change in stake.  Supply will remain a bit over 2.5 billion, with a small amount of inflation for paid delegates, but less inflation than bitocin, litecoin, or doge (even after the halvings). 

Title: Re: Bitshares price discussion
Post by: dannotestein on July 14, 2015, 08:07:46 pm
Interesting. Just to confirm it is no longer an ICO correct?


The BTS I purchase today will still be good tmrw?


Many people are sidetracked by BTC and LTC but when things pick up even more on those ends I think we will see more attention drawn this way.

ICO ended like 15 months ago.  BTS today is good tomorrow, yes.  But don't buy it on bter!  Btc38 is #1 volume by a lot, poloniex is 2nd.
Another option is to buy it on http://blocktrades.us where you can avoid the hacked-exchange risk and generally get a better price as well.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 14, 2015, 08:10:12 pm
Another option is to buy it on http://blocktrades.us where you can avoid the hacked-exchange risk and generally get a better price as well.


https://blocktrades.us is my preferred method to buy BTS. second is via shapeshift.io ...def prefer to stay away from centralized exchanges that hold customer funds.
Title: Re: Bitshares price discussion
Post by: Ander on July 14, 2015, 08:14:02 pm
Another option is to buy it on http://blocktrades.us where you can avoid the hacked-exchange risk and generally get a better price as well.

Yes, this is a good option as well.  Blocktrades.us has better spreads than shapehift (at least when I have used it).

If you buy on an exchange, make sure to withdraw it into your own wallet afterwards. 
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on July 14, 2015, 08:36:29 pm
Consider metaexchange (https://metaexchange.info/?refid=2) too.
Title: Re: Bitshares price discussion
Post by: lakerta06 on July 14, 2015, 08:54:33 pm
Consider metaexchange (https://metaexchange.info/?refid=2) too.

tried it. works like a charm.
Title: Re: Bitshares price discussion
Post by: pgbit on July 14, 2015, 09:52:49 pm
Anyone know the reason for the transaction spike on 17 Jun?
http://bitsharesblocks.com/charts/transactions (http://bitsharesblocks.com/charts/transactions)


Two questions..


1. What has been the ATH of BTS


2. Where do you guys see 2015s ATH reaching after Bitshares 2.0 drops?

here's a cool price chart:

http://bitsharesblocks.com/charts/prices

no clue where BTS price will end up, but i'm bullish :)
Title: Re: Bitshares price discussion
Post by: Ander on July 14, 2015, 09:56:12 pm
Anyone know the reason for the transaction spike on 17 Jun?
http://bitsharesblocks.com/charts/transactions (http://bitsharesblocks.com/charts/transactions)

Was that NameNarwhal registering tons of names?
Title: Re: Bitshares price discussion
Post by: vikram on July 14, 2015, 09:57:37 pm
Anyone know the reason for the transaction spike on 17 Jun?
http://bitsharesblocks.com/charts/transactions (http://bitsharesblocks.com/charts/transactions)

Was that NameNarwhal registering tons of names?

Yes: https://bitsharestalk.org/index.php/topic,17016.msg217585.html#msg217585
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 14, 2015, 11:06:58 pm
Okay thank you for all your help...i have backed up my wallet to a USB but it is not a .dat file?


it is .json??

Title: Re: Bitshares price discussion
Post by: lakerta06 on July 15, 2015, 04:24:02 am
Okay thank you for all your help...i have backed up my wallet to a USB but it is not a .dat file?


it is .json??

Yes it is normal. File extensions doesnt mean much anyways.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 15, 2015, 01:55:23 pm
What is the advantage of purchasing BITUSD? Will the value of 1 BITUSD always be at least 1.00 usd? Can 1 BIT USD  double or tipple in price as well or is it always the same value as 1 usd dollar ...if so whats the point ?

Theres like 50k usd being put into BitCNY so something must be there..
Title: Re: Bitshares price discussion
Post by: xeroc on July 15, 2015, 02:00:09 pm
What is the advantage of purchasing BITUSD? Will the value of 1 BITUSD always be at least 1.00 usd? Can 1 BIT USD  double or tipple in price as well or is it always the same value as 1 usd dollar ...if so whats the point ?
The point is PRICE STABILITY ... you have a token with the features of crypto and the price of fiat .. it's like paypal .. just better

Quote
Theres like 50k usd being put into BitCNY so something must be there..
bitCNY market is a little more liquid atm .. that may be the only reason .. who knows ..
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 15, 2015, 02:06:22 pm
What is the advantage of purchasing BITUSD? Will the value of 1 BITUSD always be at least 1.00 usd? Can 1 BIT USD  double or tipple in price as well or is it always the same value as 1 usd dollar ...if so whats the point ?

Theres like 50k usd being put into BitCNY so something must be there..

great question, esp since i'm brainstorming a startup venture to market and sell bitUSD to the public. here are the advantages i've documented so far (would love anyone else to chime in here):

1) bitUSD earns a much higher than banking interest rate, currently ~5.5%
2) bitUSD moves funds to the blockchain instead of keeping them in the traditional financial system
3) You get all the benefits of a crypto asset: near instantaneous transactions, negligible transaction costs, no capital controls
4) bitUSD can be easily traded for most popular crypto currencies and assets using services like shapeshift.io
5) bitUSD is also a short on BTS, so you can take a negative bet on BTS if you think the price will keep going down (i don't)

so, you're not going to hold bitUSD to speculate on it ever being worth more than 1 USD (which it does actually fluctuation btw, but within +/- 10% of the peg), but you'd do it to park funds into crypto and earn a way above average interest rate on your savings.
Title: Re: Bitshares price discussion
Post by: Chuckone on July 15, 2015, 02:10:04 pm
but you'd do it to park funds into crypto and earn a way above average interest rate on your savings.

AFAIK this won't be true anymore in BTS 2.0
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 15, 2015, 02:13:30 pm
but you'd do it to park funds into crypto and earn a way above average interest rate on your savings.

AFAIK this won't be true anymore in BTS 2.0

ok this point needs some serious clarification bc i've been touting the hell out of bitUSD as being a way to earn a way above banking interest rate on savings. getting rid of interest destroys one of the biggest reasons to park savings in bitassets.
Title: Re: Bitshares price discussion
Post by: bytemaster on July 15, 2015, 04:02:18 pm
The Bond market allows people to "park" BitUSD at interest in a CD.   

Title: Re: Bitshares price discussion
Post by: Erlich Bachman on July 15, 2015, 05:18:41 pm
don't worry man, I'll pay you 4% interest annually on your crappy bitUSD at today's prices for three years and then sell that worthless bitFIAT on the DEX (to purchase more BTS, rinse, repeat) , then buy it back on the open market 3 years later when it is worthless, and give you back your chump change. It's more of a guaranteed long term short (that can't get called in due to low collateral), so I can party for a year straight without ever feeling the itch to check the share price.  You would have to deal with any arbitration at the feed price in a liquidation sale. Sucker....

The bond market is black swan protection for the shorter like me.  The rest of the shorters will think they made money the day BTS moons, but will be in for a surprise when they open their wallets (short position liquidated)

chop chop Danny Boy
 
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 15, 2015, 05:23:57 pm
don't worry man, I'll pay you 4% interest annually on your crappy bitUSD at today's prices for three years and then sell that worthless bitFIAT on the DEX (to purchase more BTS, rinse, repeat) , then buy it back on the open market 3 years later when it is worthless, and give you back your chump change. It's more of a guaranteed short (that can't get called in due to low collateral).  You would have to deal with any arbitration at the feed price in a liquidation sale. Sucker....

The bond market is black swan protection for the shorter like me.  The rest of the shorters will think they made money the day BTS moons, but will be in for a surprise when they open their wallets (short position liquidated)

chop chop Danny Boy

i wouldn't be so callous about this. i've invested quite a bit in BTS and intended to be long term on the short side of bitassets to help create the products that'd end up driving BTS value through the roof. what we're losing here is the simple reason for why non-crypto people might decide to park potentially billions into our system. attracting more people like us who are already crypto believers isn't the big value proposition; it's getting the rest of society to take the plunge.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 15, 2015, 05:27:23 pm
The Bond market allows people to "park" BitUSD at interest in a CD.

so this is essentially segmenting the current bitUSD market into the currency proxy (bitUSD) and then the interest-bearing asset (the future bond)? any blueprints available for how the bond market might operate? would it start with a few standardized options, like 30-day, 90-day, and 1-year bonds?
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 15, 2015, 06:43:00 pm
i wouldn't be so callous about this.

Dude, I'm joking...You wouldn't be stupid enough to short the bitUSD to yourself then loan it out.  The dude who shorted the bitUSD to you (and did not purchase the black swan protection for shorts AKA moonswan protection) (BTS price rises suddenly) is going to be in for a surprise when the next whale climbs aboard.

looking forward to those whales hopping on board
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on July 15, 2015, 06:44:16 pm
moonswan

(http://images.fineartamerica.com/images-medium-large/white-moon-black-swan-angel-jesus-de-la-fuente.jpg)
too sleepy to add any bts related stuff on it, so imagine all the cool stuff i could have done.
Title: Re: Bitshares price discussion
Post by: Ander on July 15, 2015, 06:58:06 pm
Lets recap - when the bts price falls you want to be long bitUSD, those who are short bitUSD need to margin up or cover at a loss.  If the BTS prices rises (say for example due to fantastic news), then bitUSD shorts laugh until bitUSD longs holding worthless bit-paper get pissed and dump their bitUSD on the market.  And if there are no buyers of bitUSD, then the shorters lose their positions one by one. 

The shorters "lose their positions" by buying the bitUSD to cover the short, ending up with more BTS than they started, and BTS has increased in price?  How is that bad?  Thats exactly what they hoped would happen in the first place.

I don't understand what you are getting at. 
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 15, 2015, 06:59:59 pm
looking forward to those whales hopping on board

how many of your friends are not yet into crypto, but you cannot tell them to get a wallet yet?


Lets recap - when the bts price falls you want to be long bitUSD, those who are short bitUSD need to margin up or cover at a loss.  If the BTS prices rises (say for example due to fantastic news), then bitUSD shorts laugh until bitUSD longs holding worthless bit-paper get pissed and dump their bitUSD on the market.  And if there are no buyers of bitUSD, then the shorters lose their positions one by one.  and since I like partying instead of refreshing coinmarketcap, I'm not going to be the short who is not insured by the bond market who has to buy BTS to collateralize his short position because surprise, surprise, the BTS price is rising... silly shorter, you should have bought MOONSWAN INSURANCE (bond market dig?)

this shit is simple, elegant, and unobtrusive in my life.  thats my plan.. what are you going to use BitShares for?

too many of my friends don't own any crypto, which is embarrassing to me, but i guess people are exactly programmed to jump onboard new concepts from the start.

what am i going to do with my BTS? i'm using them to create bitUSD and i hope to make a business selling Bitshares assets to the masses.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 15, 2015, 07:11:14 pm
looking forward to those whales hopping on board

how many of your friends are not yet into crypto, but you cannot tell them to get a wallet yet?


Lets recap - when the bts price falls you want to be long bitUSD, those who are short bitUSD need to margin up or cover at a loss.  If the BTS prices rises (say for example due to fantastic news), then bitUSD shorts laugh until bitUSD longs holding worthless bit-paper get pissed and dump their bitUSD on the market.  And if there are no buyers of bitUSD, then the shorters lose their positions one by one.  and since I like partying instead of refreshing coinmarketcap, I'm not going to be the short who is not insured by the bond market who has to buy BTS to collateralize his short position because surprise, surprise, the BTS price is rising... silly shorter, you should have bought MOONSWAN INSURANCE (bond market dig?)

this shit is simple, elegant, and unobtrusive in my life.  thats my plan.. what are you going to use BitShares for?

too many of my friends don't own any crypto, which is embarrassing to me, but i guess people are exactly programmed to jump onboard new concepts from the start.

what am i going to do with my BTS? i'm using them to create bitUSD and i hope to make a business selling Bitshares assets to the masses.

It's embarrassing to you that your friends aren't in crypto??  Are you embarrassed that they havn't lost a bunch of money buying pretty much any crypto coin out there?  Crypto has been in a massive bear market over the last year and most people are sitting on huge losses... I don't think your friends are the ones you need to be embarrassed about...
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 15, 2015, 07:19:54 pm
It's embarrassing to you that your friends aren't in crypto??  Are you embarrassed that they havn't lost a bunch of money buying pretty much any crypto coin out there?  Crypto has been in a massive bear market over the last year and most people are sitting on huge losses... I don't think your friends are the ones you need to be embarrassed about...


it's not that crypto has been an amazing speculation in the last year (although in the last 2 years it has been), it's that the tech is potentially the most important and positively disruptive in the last couple decades and at least ought to be experimented with.

then again, maybe my original comment was a little harsh...i understand that crypto is still very new and scary to new entrants...i didn't mean to minimize that fact. i just personally love what crypto has to offer and get exacerbated when people refuse to even listen.
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 12:53:29 am
Wow, everything on btc38 getting absolutely hammered right now.

I guess thats why BTS down a bunch.

.0365, the 50% fib retracement line, got broken in this selloff.  .618 retracement line is at .0320. 
Its sad that BTS continues to get no support.  I guess no one trust it at all and they just think the 2.0 claims are hot air/vaporware.  We really need 2.0 to release ,and be good.
Title: Re: Bitshares price discussion
Post by: yellowecho on July 16, 2015, 01:01:00 am
Selling alts like crazy to buy BTS at these prices  8)
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 16, 2015, 01:02:47 am
Wow, everything on btc38 getting absolutely hammered right now.

I guess thats why BTS down a bunch.

.0365, the 50% fib retracement line, got broken in this selloff.  .618 retracement line is at .0320. 
Its sad that BTS continues to get no support.  I guess no one trust it at all and they just think the 2.0 claims are hot air/vaporware.  We really need 2.0 to release ,and be good.

no pressure guys, but can you please make 2.0 perfect? :)
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 01:05:37 am
Just release it, ever, thats all we ask. :P
No repeats of last november.
Title: Re: Bitshares price discussion
Post by: Brekyrself on July 16, 2015, 02:46:50 am
I noticed BTS withdrawal is disabled on BTER this could also be causing a downward pressure.
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 03:07:53 am
I noticed BTS withdrawal is disabled on BTER this could also be causing a downward pressure.

I dont think that would effect btc38 though.


Buy now ~3.20ish.  Serious dumping just happened, very oversold.
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 03:13:05 am
Really, #10 on CMC now?  You'll never get a better time relative to other coins than this.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 16, 2015, 03:14:48 am
Wow this is getting shitty again... Welcome back to April...
Title: Re: Bitshares price discussion
Post by: Krills on July 16, 2015, 03:22:01 am
rubbish
2.0 is far away and not within the foreseeable future
shitty
announced 2.0 at 6.8,and now is 7.16,with nothing but hotair and useless news.
they can't release even a testnet and a stable 1.0.
how can we count on them do something big in summer?
Title: Re: Bitshares price discussion
Post by: Erlich Bachman on July 16, 2015, 03:31:24 am
Lets recap - when the bts price falls you want to be long bitUSD, those who are short bitUSD need to margin up or cover at a loss.  If the BTS prices rises (say for example due to fantastic news), then bitUSD shorts laugh until bitUSD longs holding worthless bit-paper get pissed and dump their bitUSD on the market.  And if there are no buyers of bitUSD, then the shorters lose their positions one by one. 

The shorters "lose their positions" by buying the bitUSD to cover the short, ending up with more BTS than they started, and BTS has increased in price?  How is that bad?  Thats exactly what they hoped would happen in the first place.

I don't understand what you are getting at.

Yes, when the amount of BTS that you can get for selling bitUSD is decreasing rapidly (BTS price rise), the shorters will lose their short positions if there is a panic selling of bitUSD and no offers at the feed.  The shorts pick up their profit but then the BTS price continues to rise to new all time highs while they are sleeping. Then in the morning, they wake up to find the BTS price in orbit, but their short positions were called away just over the launch pad (realizing only a tiny profit).  So, there, you go Mr. Shorty, you shorted all the way down from $100,000,000 market cap purchasing BTS collateral the whole way down, and losing your ass on paper, and when the BTS price returns back up to the all time high, your short positions get called away at $25,000,000 market cap.  You wake up to see that BTS is trading at an all time high, and yet you have only realized a fraction of the profit that the bond lender, who issues the bond at the BTS low (then sold the bitUSD at today's market rate) and buys bitUSD when the BTS price returns to the all time high does.  He realizes the full profit. Then he liquidates the bond and proceeds to Barbados.  What happened shorty?  you should have bought moonswan protection for whatever the going bond rate was at the time, because only those who are bonded (insured against sudden volatile price rises that call shorts to arbitration) get to moonwalk.

I'll pay you 4% annually on your bitUSD so that I can short sell it and not have to worry about forced liquidation.

Am I making sense.  I want to go short and not have to worry about my position getting triggered while I'm on permanent vacation. I already have guaranteed risk, I want guaranteed returns, not arbitrary returns based on forced arbitration.  Until the bond market is open, however, I am fighting with other shorts to remain the most collateralized (chop chop Danny Boy).

I want to catch the next leg up in crypto, and not watch my position get called away prematurely.  What's the matter, you don't think that BitShares will ever surpass its all time high that it hit immediately following the release of its initial proof of concept?  cool, well, then go ahead and loan me your bitUSD.

Or maybe you think that when a big name company climbs aboard our smartchain, and all anyone can talk about is how much more exciting the Bitcoin2.0 space is than last year, that bitUSD holders are going to stay put in their obviously poor positions, allowing the short position days, weeks, and months to re-collateralize their position.  I'm just not that guy.

The smartcoin short rules require me to insure my position if I want guaranteed profit margins, but you can avoid the bond market and accept variable profit margins on your position.  The risk is yours to take.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on July 16, 2015, 04:07:54 am
Wow, everything on btc38 getting absolutely hammered right now.

I guess thats why BTS down a bunch.

.0365, the 50% fib retracement line, got broken in this selloff.  .618 retracement line is at .0320. 
Its sad that BTS continues to get no support.  I guess no one trust it at all and they just think the 2.0 claims are hot air/vaporware.  We really need 2.0 to release ,and be good.

I don't feel like its a lack of support, but more like a lack of opportunity to trade. There are some other hot movers with liquidity where they can try and grow their portfolio until 2.0 comes.
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 04:35:25 am
Okay who here managed to get some of that while it was crazy cheap.
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 04:37:54 am
Also, whoever sold the low (probably not anyone who reads the boards, I'm sure), get rekt!
Title: Re: Bitshares price discussion
Post by: Shentist on July 16, 2015, 05:12:01 am
same pattern like a couple of days but different direction

all coins traded on BTC38 are sold heavily!

- so, good opportunities to trade something here!
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on July 16, 2015, 05:22:54 am
Okay who here managed to get some of that while it was crazy cheap.

I managed to snag about 100k off the dex at 240.per 1 bitUSD :)

It all went really fast.. then started to bounce back.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 16, 2015, 07:50:43 am
Not sure what u guys are seeing as we keep legging lower.  Recently there were a lot of shorts covered on the dex for bitcny.  Whoever did this seems to have sold all their freed up collateral plus everything else they owned.  It looks like they used btc38 to do the dumping. It looks like 1 person or a small group colluded to set off a big slide while the order book was extra thin.  We just lost a whale. Hopefully it was someone in china who maybe had racked up big losses in the Chinese stock market and just needed cash flow to meet a margin call....
Title: Re: Bitshares price discussion
Post by: mdj on July 16, 2015, 09:54:33 am
Pump and dumps, only without the pump for bitshares
Title: Re: Bitshares price discussion
Post by: Buck Fankers on July 16, 2015, 10:31:00 am
Here's the explanation ...
https://bitsharestalk.org/index.php/topic,17584.msg223892.html (https://bitsharestalk.org/index.php/topic,17584.msg223892.html)
Title: Re: Bitshares price discussion
Post by: btswildpig on July 16, 2015, 11:48:19 am
Not sure what u guys are seeing as we keep legging lower.  Recently there were a lot of shorts covered on the dex for bitcny.  Whoever did this seems to have sold all their freed up collateral plus everything else they owned.  It looks like they used btc38 to do the dumping. It looks like 1 person or a small group colluded to set off a big slide while the order book was extra thin.  We just lost a whale. Hopefully it was someone in china who maybe had racked up big losses in the Chinese stock market and just needed cash flow to meet a margin call....

who says it has to be stock leverage trading ? There are BTC and LTC too   :P
Title: Re: Bitshares price discussion
Post by: EstefanTT on July 16, 2015, 11:50:18 am
Damn ... I just woke up  :-[

I miss probably the last oportunity to get some more bts very cheap.
I was keeping an eye on the bitshares price to be ready and ...

... I had to sleep, so silly.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 16, 2015, 01:26:58 pm
Damn ... I just woke up  :-[

I miss probably the last oportunity to get some more bts very cheap.
I was keeping an eye on the Bitshares price to be ready and ...

... I had to sleep, so silly.

@EstefanTT, price is still way down over the last 24 hours, so we still have some great buying opportunities :)

i'm actually trading some Dash for BTS right now, and will prob make another BTC-->BTS order later today...just want to see where this price is heading as the trading day gets started.
Title: Re: Bitshares price discussion
Post by: lafona on July 16, 2015, 02:01:12 pm
Not sure what u guys are seeing as we keep legging lower.  Recently there were a lot of shorts covered on the dex for bitcny.  Whoever did this seems to have sold all their freed up collateral plus everything else they owned.  It looks like they used btc38 to do the dumping. It looks like 1 person or a small group colluded to set off a big slide while the order book was extra thin.  We just lost a whale. Hopefully it was someone in china who maybe had racked up big losses in the Chinese stock market and just needed cash flow to meet a margin call....
I was thinking the same thing. Or maybe the chinese gov't efforts to prop up their stock market have eliminated (temporarily) what would otherwise have been a flow of capital from the overvalued market into other areas, including crypto and BTS and all that money is just waiting for the trade holds to be lifted. (probably wishfull thinking)
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 16, 2015, 02:08:00 pm
Not sure what u guys are seeing as we keep legging lower.  Recently there were a lot of shorts covered on the dex for bitcny.  Whoever did this seems to have sold all their freed up collateral plus everything else they owned.  It looks like they used btc38 to do the dumping. It looks like 1 person or a small group colluded to set off a big slide while the order book was extra thin.  We just lost a whale. Hopefully it was someone in china who maybe had racked up big losses in the Chinese stock market and just needed cash flow to meet a margin call....
I was thinking the same thing. Or maybe the chinese gov't efforts to prop up their stock market have eliminated (temporarily) what would otherwise have been a flow of capital from the overvalued market into other areas, including crypto and BTS and all that money is just waiting for the trade holds to be lifted. (probably wishfull thinking)

i think the only thing we'll ever really know is that the path to widespread crypto adoption will be a bumpy one! we're essentially investors in high-risk, extremely innovative distributed start-ups, so expect our risk (and reward) profiles to be comparable.
Title: Re: Bitshares price discussion
Post by: EstefanTT on July 16, 2015, 04:02:10 pm
Damn ... I just woke up  :-[

I miss probably the last oportunity to get some more bts very cheap.
I was keeping an eye on the Bitshares price to be ready and ...

... I had to sleep, so silly.

@EstefanTT, price is still way down over the last 24 hours, so we still have some great buying opportunities :)

i'm actually trading some Dash for BTS right now, and will prob make another BTC-->BTS order later today...just want to see where this price is heading as the trading day gets started.

It went up to .00001904 but felt back just after and this time ... I wasn't asleep !!!!  :D
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 16, 2015, 07:53:43 pm
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx
Title: Re: Bitshares price discussion
Post by: NewMine on July 16, 2015, 09:41:17 pm
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 16, 2015, 09:52:02 pm
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.

would you say that Bitshares is still a fully open source project? The dev group has organized into CNX, but at any point we could have a different set of devs fork the project a diff direction that the community could adopt, right? i'm completely fine with the devs organizing themselves however they think optimizes their efforts, so long as the project is still open source and shareholders hold ultimate control (even though i realize the current devs are likely majority shareholders in the aggregate).
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 10:02:25 pm
would you say that Bitshares is still a fully open source project?

Newmine certainly won't say that, or anything positive about Bitshares.  He will come up with every possible thing he can think of to try to get you to sell BTS.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 16, 2015, 10:28:46 pm
would you say that Bitshares is still a fully open source project?

Newmine certainly won't say that, or anything positive about Bitshares.  He will come up with every possible thing he can think of to try to get you to sell BTS.

what say you, @Ander?
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 10:48:05 pm
would you say that Bitshares is still a fully open source project?

Newmine certainly won't say that, or anything positive about Bitshares.  He will come up with every possible thing he can think of to try to get you to sell BTS.

what say you, @Ander?

I dont think its any more or less centralized than its always been.  Bitshares has never been in a state where it could survive losing its dev team.  It has always been dependent on Dan and the various people he has hired and recruited to work on the project, because its still just a beta product, and we need something more viable to be able to actually take off among more than the type of tech enthusiasts like us that we have here, who are willing to wade through client issues in order to trade assets. 


In the future, a larger, better bitshares will hopefully be more decentralized, with many independent entities using it in various ways, rather than a community sitting around waiting on a dev team to finish the product so they can get something useable that they can actually promote.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 16, 2015, 11:01:37 pm
Has anyone stopped to think that maybe we are just in a bottoming process that started in May? Most bottoms are not V bottoms.  Most are some sort of W shape.  A lot of people are blaming the devs or fundamentals, when it could just be a normal market trading pattern that we are seeing.

Another traders saying, "Bottoms are processes, not points"
Title: Re: Bitshares price discussion
Post by: ag on July 16, 2015, 11:14:06 pm
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

he is a scam artist. but to give BanxCapital credit, they did purchase a crypto-exchange that they rebranded and is now hosted at banx.io. possibly the one productive thing they have done with investor funds... possibly. So I suppose you can't consider BanxCapital 100% ponzi scheme since at least a small fraction of their investor's money is NOT going toward dividend payments or public relations. And they say they are going to integrate their exchange with BitShares 2.0 which has the potential to bring over some users.

And I also don't think Banx has anything to do with the bitshares sell off.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 16, 2015, 11:35:32 pm
Has anyone stopped to think that maybe we are just in a bottoming process that started in May? Most bottoms are not V bottoms.  Most are some sort of W shape.  A lot of people are blaming the devs or fundamentals, when it could just be a normal market trading pattern that we are seeing.

Another traders saying, "Bottoms are processes, not points"

yes i agree with you
Title: Re: Bitshares price discussion
Post by: Ander on July 16, 2015, 11:41:55 pm
Has anyone stopped to think that maybe we are just in a bottoming process that started in May? Most bottoms are not V bottoms.  Most are some sort of W shape.  A lot of people are blaming the devs or fundamentals, when it could just be a normal market trading pattern that we are seeing.

Another traders saying, "Bottoms are processes, not points"

The move from .0198 to .0527 CNY (end of april through may 28) has all the characteristics of the start of a bull market.  Volume was high, bullish patterns formed and then resolved themselves, price rose quickly after overcoming breakout points, etc.  It happened in three visibly distinct parts just like an elliot wave impulse should, with the middle part being the largest, fitting the expected pattern.

That wave 1 in elliot wave terms is very clear.  It doesnt look like a corrective wave in a continued downtrend, it looks like a major bottom. 

Everything from the point where we hit .0527 CNY on May 28 has been a correction.  (Even when we went briefly higher, to .0532, in CNY terms, though it was not higher in satoshi terms - that barely higher high was the top of wave B of the correction).  I suck at counting corrective patterns.  They are way too complicated. 

This correction, wave 2, has dragged out a long time.  It looked for a while like the lows would be around .036 (50% retracement of the move up), hit a couple times, and then we would go up again.  The pullback was all on lower volume than the rise.  Sadly, when .036 broke yesterday we just had an all out crash down to .028.    It still looks like a wave 2 correction, its just a deep correction now, instead of a moderate one.  It could indeed go down for a W bottom at .02 and have this all still be correct (wave 2 can retrace up to 100% of wave 1, but not more). 

Yeah, its a process.  I had hoped it would be a nicer process than this because that first move up was really strong, and we had news events coming.  But newmine and all the other haters have managed to make everyone feel shitty about that news and treat it like a negative.  (BTS 2.0 news buried under fears about what cryptonomex means for BTS, announcements of customers adopting bitshares turned into threads about how our new customers are scammers, etc). 

This community is very long suffering.  I really hope we succeed in the end, because people have poured their hearts into the project, and the ideas are amazing.  We just need the devs to finally release a good product that the community can run with.


TL;DR version: I also agree with you.
Title: Re: Bitshares price discussion
Post by: NewMine on July 17, 2015, 12:32:29 am
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.

would you say that Bitshares is still a fully open source project? The dev group has organized into CNX, but at any point we could have a different set of devs fork the project a diff direction that the community could adopt, right? i'm completely fine with the devs organizing themselves however they think optimizes their efforts, so long as the project is still open source and shareholders hold ultimate control (even though i realize the current devs are likely majority shareholders in the aggregate).

I guess that is something you don't understand. CNX owns the code. If anyone forks it and isn't anonymous, CNX can send a cease and desist order to stop using the code since it is owned and permission wasn't given. Now if the Dev of the fork stays anon, then you have a different story except that nobody will join because they are clearly engaging in a defined legal activity.

Bitshares is totally open source as are a lot of proprietary softwares. They have licensed or are going to do it in a way that you can see the code, you just can't do shit with it without CNX permission.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 17, 2015, 12:47:02 am
I guess that is something you don't understand. CNX owns the code. If anyone forks it and isn't anonymous, CNX can send a cease and desist order to stop using the code since it is owned and permission wasn't given. Now if the Dev of the fork stays anon, then you have a different story except that nobody will join because they are clearly engaging in a defined legal activity.

Bitshares is totally open source as are a lot of proprietary softwares. They have licensed or are going to do it in a way that you can see the code, you just can't do shit with it without CNX permission.

what if stakeholders want to go with a fork? we own the entity, right?
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on July 17, 2015, 01:44:49 am
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.

would you say that Bitshares is still a fully open source project? The dev group has organized into CNX, but at any point we could have a different set of devs fork the project a diff direction that the community could adopt, right? i'm completely fine with the devs organizing themselves however they think optimizes their efforts, so long as the project is still open source and shareholders hold ultimate control (even though i realize the current devs are likely majority shareholders in the aggregate).

I guess that is something you don't understand. CNX owns the code. If anyone forks it and isn't anonymous, CNX can send a cease and desist order to stop using the code since it is owned and permission wasn't given. Now if the Dev of the fork stays anon, then you have a different story except that nobody will join because they are clearly engaging in a defined legal activity.

Bitshares is totally open source as are a lot of proprietary softwares. They have licensed or are going to do it in a way that you can see the code, you just can't do shit with it without CNX permission.

I guess that is something you don't understand. Worker proposals are specifically for code implementations to enhance BitShares. The BitShares 2.0 chain has been licensed back to the community free. CNX won't be able to do shit to BitShares without the shareholders permission.
Title: Re: Bitshares price discussion
Post by: bitmeat on July 17, 2015, 04:17:40 am
See the problem is that the 3x collateral is based on the feed price. So one can only short so much.

1M BTS can only short like 2.5K BitUSD.

You can add collateral, but you can't remove it. It's really silly.
Title: Re: Bitshares price discussion
Post by: NewMine on July 17, 2015, 05:36:28 am
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.

would you say that Bitshares is still a fully open source project? The dev group has organized into CNX, but at any point we could have a different set of devs fork the project a diff direction that the community could adopt, right? i'm completely fine with the devs organizing themselves however they think optimizes their efforts, so long as the project is still open source and shareholders hold ultimate control (even though i realize the current devs are likely majority shareholders in the aggregate).

I guess that is something you don't understand. CNX owns the code. If anyone forks it and isn't anonymous, CNX can send a cease and desist order to stop using the code since it is owned and permission wasn't given. Now if the Dev of the fork stays anon, then you have a different story except that nobody will join because they are clearly engaging in a defined legal activity.

Bitshares is totally open source as are a lot of proprietary softwares. They have licensed or are going to do it in a way that you can see the code, you just can't do shit with it without CNX permission.

I guess that is something you don't understand. Worker proposals are specifically for code implementations to enhance BitShares. The BitShares 2.0 chain has been licensed back to the community free. CNX won't be able to do shit to BitShares without the shareholders permission.

"Proposals".....

Do t forget that CNX gets to distribute Bitshares code for a profit to outside parties, competitors, or anyone who wants to "plug in" in anyway, from 3rd party exchanges to payment processors. How else will the Devs get paid?
Title: Re: Bitshares price discussion
Post by: bitmeat on July 17, 2015, 05:46:14 am
New Whine...
Title: Re: Bitshares price discussion
Post by: chryspano on July 17, 2015, 05:49:41 am

"Proposals".....

Do t forget that CNX gets to distribute Bitshares code for a profit to outside parties, competitors, or anyone who wants to "plug in" in anyway, from 3rd party exchanges to payment processors. How else will the Devs get paid?

Are you saying that competitors might gain an advandage? If yes then why on some threads you wanted all of our "competitors" to have access to the BitShares code without geting permision from our devs? aren't you contradicting yourself? or it's just your casual FUDing?
Title: Re: Bitshares price discussion
Post by: NewMine on July 17, 2015, 05:52:57 am
See the problem is that the 3x collateral is based on the feed price. So one can only short so much.

1M BTS can only short like 2.5K BitUSD.

You can add collateral, but you can't remove it. It's really silly.

This is what people have been complaint about and losing money on for nearly a year. People left this project because they got burned from this and then a 10% hit on top. The Devs were too busy creating Graphene to do many thing about it. And now you all are seeing the effects of that. Nobody wants to buy back in because they got screwed and he project has flip flopped to something completely different, multiple times. If BTS 2.0 comes out and is the next best thing since sliced bitcoin, your market cap will suffer for awhile until it is clearly proven. And even then, these people who left are facing another dilemma, whether they want to invest in something like a ripple/bitreserve project or stick to the decentralized mantra of the cryptocurrency world. Yeah, yeah, yeah, Bitshares is "decentralized" enough you say.  Well it's not as blurry a line to all the people who are out there who haven't invested. And joe freaking schmo at bofA ain't gonna trust his money in a project who's ultimate control rests in a father son duo out of Virginia. Especially in a time where scams are the only things that carry weight in any new article beyond the crypto universe.

If you get rid of Cryptonomex ball and chain,Bitshares may be able to convince the billions of dollars in BTC to migrate over because with out that, you got nothing but all of you who are still here.

Just look at the BTS price. BTS did not ride up with BTC when it hit +$300. It actually faded. Then the altcoin pumps, and BTS faded. Then BTC and the Alts reversed, and BTS got hit hard. Hard like it was pumped.  This last dump was capitulation and I would bet you see a steady slow down trend. Probably to the $.002 range you predicted last month.
Title: Re: Bitshares price discussion
Post by: NewMine on July 17, 2015, 05:55:28 am

"Proposals".....

Do t forget that CNX gets to distribute Bitshares code for a profit to outside parties, competitors, or anyone who wants to "plug in" in anyway, from 3rd party exchanges to payment processors. How else will the Devs get paid?

Are you saying that competitors might gain an advandage? If yes then why on some threads you wanted all of our "competitors" to have access to the BitShares code without geting permision from our devs? aren't you contradicting yourself? or it's just your casual FUDing?

How's that BTS price going?
Title: Re: Bitshares price discussion
Post by: chryspano on July 17, 2015, 06:49:21 am

"Proposals".....

Do t forget that CNX gets to distribute Bitshares code for a profit to outside parties, competitors, or anyone who wants to "plug in" in anyway, from 3rd party exchanges to payment processors. How else will the Devs get paid?

Are you saying that competitors might gain an advandage? If yes then why on some threads you wanted all of our "competitors" to have access to the BitShares code without geting permision from our devs? aren't you contradicting yourself? or it's just your casual FUDing?

How's that BTS price going?

I asked you 4 questions and you answered none.

Price is doing great, at this level I could still sell at 40%-50% profit If I wanted but this will not happen (I bought some at 8-9M marketcap and sold half at 19M marketcap) I will probably buy some more if the price falls a bit more the next 1-2 weeks. I made some nice profits because of your FUDing and probably I will make some more the next few weeks, I don't want you to think that I'm ungratefull.  :D
Title: Re: Bitshares price discussion
Post by: xeroc on July 17, 2015, 07:01:40 am
Has anyone ever considered that "traditional" analysis does not work with BitShares for the simple reason that there was a SHAREDROP not only on investors and traders, but also on "uninformed" people that just had some bucks left and want to exit?
Title: Re: Bitshares price discussion
Post by: bitmeat on July 17, 2015, 09:28:47 am
I think it takes special kind of stupid to sell at these prices. At this point, might as well pretend it's down to 0, but why would anyone sell here it is just funny.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on July 17, 2015, 11:59:53 am
I think it takes special kind of stupid to sell at these prices. At this point, might as well pretend it's down to 0, but why would anyone sell here it is just funny.

China market crash.. needed all his funds out of crypto to pay rent.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 17, 2015, 01:05:56 pm
Has anyone ever considered that "traditional" analysis does not work with BitShares for the simple reason that there was a SHAREDROP not only on investors and traders, but also on "uninformed" people that just had some bucks left and want to exit?

yes i agree...the tools of traditional trading analysis are suspect to begin within the financial world, and i think they hold less predictive power in crypto...at least for now.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 17, 2015, 05:37:30 pm
Has anyone ever considered that "traditional" analysis does not work with BitShares for the simple reason that there was a SHAREDROP not only on investors and traders, but also on "uninformed" people that just had some bucks left and want to exit?

BitShares is one of the easier crypto to trade based on traditional investing analysis.

The 90% loss of value & slow decline of BTS once dilution became a reality was very predictable. (BTSX would have been circa $300-400 million today without it imo.)

We know that a lot of bitcoiners and altcoiners think btsx is a "crapcoin" and a ponzi scheme. So why do we really care what they say about us diluting btsx?

Kind of reminds me of the famous five monkeys experiment. 
Nobody in those communities is willing to go for the bananas any more
but no one remembers why.
;)

(http://blog2.id.com.au/wp-content/uploads/Monkeys-300x199.jpg)

http://www.answers.com/Q/Did_the_monkey_banana_and_water_spray_experiment_ever_take_place (http://www.answers.com/Q/Did_the_monkey_banana_and_water_spray_experiment_ever_take_place)

Kind of reminds me of the famous goose that laid the golden eggs.

(http://motivatedmormon.com/wp-content/uploads/2014/03/Dont-Kill-the-Goose-2.jpg)

(The date I said we were killing the golden goose was the date of BTSX's BTC high 0.00009234)


The developers then hinted and announced that they'd been writing code and working on BTS 2.0 which includes a lot of great additions.
The market responded correctly and BTS increased in value by 150% from the lows. ($8 million to over $20 million)

Since then the market has had to price in that it could actually still be a while till 2.0 release and that with so many additions there may be quite a few kinks to work out before it's a stable customer friendly version. The market has to price in CNX. The market has to price in Ethereum may start trading soon. While other BTS announcements have been well received by the community, they don't result in any short term increase in the number of BTS users or BitAssets. All the while BTS is releasing millions of BTS per week via the merger and as it is very thinly traded at the moment it's hard to support the price especially with Greece news which drew a lot of speculators into non CNY based crypto-currencies.

Personally I think it's unlikely BTS will go under $10 million prior to the BTS 2.0 release but will spike leading up to and in the first weeks of actual release, where it goes from there depends on how good everything is. But basically limited downside and good upside so a good time to buy BTS now. (Unless Greece/China really implodes in the next few weeks and then you might want to be more in the crypto-currencies that make big moves in response.) 

It's also not like competitors are grossly over-valued by comparison. NuShares has just released their Nudroid Mobile wallet and are advertising heavily on CMC and also supposedly have more dollar stable product in circulation in the form of NuBits and are valued at 14% of BTS which seems fair. (I've never owned or looked into NuShares very much personally other than to see that NuBits are obviously very ponzi-ish.)
Title: Re: Bitshares price discussion
Post by: xeroc on July 17, 2015, 06:09:44 pm
Since then the market has had to price in that it could actually still be a
while till 2.0 release and that with so many additions there may be quite a few
kinks to work out before it's a stable customer friendly version. The market
has to price in CNX. The market has to price in Ethereum may start trading
soon. While other BTS announcements have been well received by the community,
they don't result in any short term increase in the number of BTS users
or BitAssets. All the while BTS is releasing millions of BTS per week
via the merger and as it is very thinly traded at the moment it's hard
to support the price especially with Greece news which drew a lot of
speculators into non CNY based crypto-currencies.
Have you included the newest information BM revealed in todays Hangout about an
actual BANK being very interested in CNX, the graphene tech and or BitShares
itself?!

It seems some more exciting news are going to be announced :D
Title: Re: Bitshares price discussion
Post by: Chuckone on July 17, 2015, 06:15:41 pm
Have you included the newest information BM revealed in todays Hangout about an
actual BANK being very interested in CNX, the graphene tech and or BitShares
itself?!

It seems some more exciting news are going to be announced :D

I think I'll have to listen to the recording of that hangout! Was there any more details, or was it a subtle comment on which BM refused to expand?
Title: Re: Bitshares price discussion
Post by: xeroc on July 17, 2015, 06:19:55 pm
I think I'll have to listen to the recording of that hangout! Was there any more details, or was it a subtle comment on which BM refused to expand?
He just stated that there might be a partnership with an actual bank and didn't want to go into details ..
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 17, 2015, 06:32:51 pm
Since then the market has had to price in that it could actually still be a
while till 2.0 release and that with so many additions there may be quite a few
kinks to work out before it's a stable customer friendly version. The market
has to price in CNX. The market has to price in Ethereum may start trading
soon. While other BTS announcements have been well received by the community,
they don't result in any short term increase in the number of BTS users
or BitAssets. All the while BTS is releasing millions of BTS per week
via the merger and as it is very thinly traded at the moment it's hard
to support the price especially with Greece news which drew a lot of
speculators into non CNY based crypto-currencies.
Have you included the newest information BM revealed in todays Hangout about an
actual BANK being very interested in CNX, the graphene tech and or BitShares
itself?!

It seems some more exciting news are going to be announced :D

 +5% Cool. My personal opinion is that as we've seen in the past,  being 'very interested' isn't the same as making some form of commitment. Also the market would have to figure out if a bank being interested in CNX and Graphene is necessarily great for BitShares.

(For example the bank may offer CNX tons of money for further developments that they don't want released to BTS or made public for a while. This may make our developers unaffordable and unavailable to BTS and reduce BTS related development.)

BTS developers would certainly deserve the success though. 

What is your best guess on when BTS 2.0 will be released?


 
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 17, 2015, 07:21:26 pm
I think I'll have to listen to the recording of that hangout! Was there any more details, or was it a subtle comment on which BM refused to expand?
He just stated that there might be a partnership with an actual bank and didn't want to go into details ..

although, the big question was [understandably] avoided: is this in reference to a bank's interest in somehow using Bitshares, or in hiring CNX for work? huge difference...
Title: Re: Bitshares price discussion
Post by: Ander on July 17, 2015, 07:28:40 pm
Have you included the newest information BM revealed in todays Hangout about an
actual BANK being very interested in CNX, the graphene tech and or BitShares
itself?!

It seems some more exciting news are going to be announced :D

Did you miss the part where after Newmine gets ahold of it, he will still find a way to make Bitshares look back and get people to sell, so the price will just drop more?

:P
Title: Re: Bitshares price discussion
Post by: Ander on July 17, 2015, 07:31:06 pm
Headline for Newmine's next post:

Bitshares devs to abandon Bitshares, work to make blockchain for some bank.
Title: Re: Bitshares price discussion
Post by: clayop on July 17, 2015, 07:33:21 pm
Headline Newmine's next post:

Bitshares devs to abondon Bitshares, work to make blockchain for some bank.

LOLOL  +5%
Title: Re: Bitshares price discussion
Post by: clayop on July 17, 2015, 07:35:39 pm
He just stated that there might be a partnership with an actual bank and didn't want to go into details ..

Great news. I will have to hear the record when it is released.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 17, 2015, 07:40:58 pm
Headline for Newmine's next post:

Bitshares devs to abandon Bitshares, work to make blockchain for some bank.

is @Newmine buying BTS after making these kinds of statements?
Title: Re: Bitshares price discussion
Post by: Bitcoinfan on July 17, 2015, 07:42:44 pm
He just stated that there might be a partnership with an actual bank and didn't want to go into details ..

Great news. I will have to hear the record when it is released.

For the record, Bytemaster did this before when he spoke about partnering with Maidsafe... Ethereum.... is this another case of that remains to be seen.  Its a nice hint, but don't get too excited.


Others that could be added to that list: maybe Overstock?  Adam B Levine?  Toast coming back into the fold?  These are things that were potentials that fell through. 
Title: Re: Bitshares price discussion
Post by: Ander on July 17, 2015, 07:49:58 pm

Others that could be added to that list: maybe Overstock?  Adam B Levine?  Toast coming back into the fold?  These are things that were potentials that fell through.

There was totally a rumor about Overstock partnering with Bitshares.  Then Patrick Byrne announced the counterparty partnership, and that was the top for the Bitshares price in october.
(Of course, counterparty got screwed in the end.  But they did get a price pump for a while).
Title: Re: Bitshares price discussion
Post by: Bitcoinfan on July 17, 2015, 07:56:26 pm

Others that could be added to that list: maybe Overstock?  Adam B Levine?  Toast coming back into the fold?  These are things that were potentials that fell through.

There was totally a rumor about Overstock partnering with Bitshares.  Then Patrick Byrne announced the counterparty partnership, and that was the top for the Bitshares price in october.
(Of course, counterparty got screwed in the end.  But they did get a price pump for a while).

Okay.  I just put it there because people got overly optimistic when they heard BM had met with Overstock. Doesn't change the real issue which is we parterships were not formed with Maidsafe/Ethereum.  I don't know what stage they were at, probably just talking over emails or by the booth. 

Coinbase is another one which BM fired off as being interested.  We still have yet to see that come to fruition.

At this stage its easier to BM to make suggestions of things (which may very well be in the works) than to come to a meeting to say nothing at all and have rabid investors calling for change.  Implying things, especially when given as a trickle of news, are a good way to delay release dates.  Now a delayed release is probably best for bitshares 2.0 since it cultivates the best product release.  All I'm just saying, look at what's being said, and how that may play into the overall strategy. 
Title: Re: Bitshares price discussion
Post by: Chuckone on July 17, 2015, 08:01:39 pm
As long as there's no official announcement regarding any partnership with a bank I wouldn't count too much on it. It's nice to hint at discussions with an interested potential banking partner, just to keep us on our toes, but I won't get too excited before it's official. There's way to many things that can go wrong in these kind of discussions. But those discussions happening is a good sign nonetheless!
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 17, 2015, 09:34:48 pm
He just stated that there might be a partnership with an actual bank and didn't want to go into details ..

Great news. I will have to hear the record when it is released.

For the record, Bytemaster did this before when he spoke about partnering with Maidsafe... Ethereum.... is this another case of that remains to be seen.  Its a nice hint, but don't get too excited.


Others that could be added to that list: maybe Overstock?  Adam B Levine?  Toast coming back into the fold?  These are things that were potentials that fell through.

I dont see why Overstock wouldnt be interested now. They seem to like crypto and counterparty fell through.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 17, 2015, 09:46:16 pm
I dont see why Overstock wouldnt be interested now. They seem to like crypto and counterparty fell through.


i'm sure Overstock isn't yet interested, but with a  successful 2.0 adoption the sky's the limit. seriously, Overstock has lost something like $100k+ in holding BTC; holding bitUSD they would have preserved the purchasing power of their crypto. firms like Overstock aren't into crypto for speculation on price, so our products would be ideal for them once we've proven we can create viable and liquid markets.
Title: Re: Bitshares price discussion
Post by: Erlich Bachman on July 17, 2015, 09:56:45 pm
Overstock has lost something like $100k+ in holding BTC; holding bitUSD they would have preserved the purchasing power

ahh yes, the old "I told you so"

It's all in the delivery
Title: Re: Bitshares price discussion
Post by: sudo on July 18, 2015, 01:27:07 am
Since then the market has had to price in that it could actually still be a
while till 2.0 release and that with so many additions there may be quite a few
kinks to work out before it's a stable customer friendly version. The market
has to price in CNX. The market has to price in Ethereum may start trading
soon. While other BTS announcements have been well received by the community,
they don't result in any short term increase in the number of BTS users
or BitAssets. All the while BTS is releasing millions of BTS per week
via the merger and as it is very thinly traded at the moment it's hard
to support the price especially with Greece news which drew a lot of
speculators into non CNY based crypto-currencies.
Have you included the newest information BM revealed in todays Hangout about an
actual BANK being very interested in CNX, the graphene tech and or BitShares
itself?!

It seems some more exciting news are going to be announced :D

waiting
Title: Re: Bitshares price discussion
Post by: JoeyD on July 18, 2015, 11:35:39 am
Since then the market has had to price in that it could actually still be a
while till 2.0 release and that with so many additions there may be quite a few
kinks to work out before it's a stable customer friendly version. The market
has to price in CNX. The market has to price in Ethereum may start trading
soon. While other BTS announcements have been well received by the community,
they don't result in any short term increase in the number of BTS users
or BitAssets. All the while BTS is releasing millions of BTS per week
via the merger and as it is very thinly traded at the moment it's hard
to support the price especially with Greece news which drew a lot of
speculators into non CNY based crypto-currencies.
Have you included the newest information BM revealed in todays Hangout about an
actual BANK being very interested in CNX, the graphene tech and or BitShares
itself?!

It seems some more exciting news are going to be announced :D

waiting
If you are still waiting on the recording you might have better luck over on the beyondbitcoin.org website.

On the hint that a bank might have shown interest, yeah I don't see how you could speculate on that. That might just be a bank interested in hiring/licensing a custom completely personal solution with no relation whatsoever to bitshares and it's stakeholders. Similar to solutions that Overstock wants to "own". Traditional corporations might have shares, but they sure as hell are repulsed by sharing.

As for the price decline, that's because of the Osborne Effect.
Title: Re: Bitshares price discussion
Post by: karnal on July 18, 2015, 11:43:22 am
I dont see why Overstock wouldnt be interested now. They seem to like crypto and counterparty fell through.


i'm sure Overstock isn't yet interested, but with a  successful 2.0 adoption the sky's the limit. seriously, Overstock has lost something like $100k+ in holding BTC; holding bitUSD they would have preserved the purchasing power of their crypto. firms like Overstock aren't into crypto for speculation on price, so our products would be ideal for them once we've proven we can create viable and liquid markets.


We could get in touch with them *now*, and inform them about what's to come.
Title: Re: Bitshares price discussion
Post by: EstefanTT on July 18, 2015, 02:08:36 pm
We hit for the second times the new support at .00001727. This time with lower volumes the price went up so I guess there less seller pressure and we are about to see the price go up ?

Maybe it will go up and hit a the former support at .00002. Then we'll see if it can brake it with enough volume ...

I'm reading my very first book of charts technical analysis, I love it ! Any opinion on noob TA ?
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 03:29:29 pm
We hit for the second times the new support at .00001727. This time with lower volumes the price went up so I guess there less seller pressure and we are about to see the price go up ?

Maybe it will go up and hit a the former support at .00002. Then we'll see if it can brake it with enough volume ...

I'm reading my very first book of charts technical analysis, I love it ! Any opinion on noob TA ?

i'm not a fan of TA as it's never proven actual predictive power. as far as we know, prices in the short run follow something close to a random walk ...if you ever generate a price chart from a random walk process you'll see that it'll look just like any stock or asset price movement; there'll be things that look like resistance levels, trends, trend breakouts, etc. but the fact that we created the charts from random walks should show that our human minds all too often find meaning in the meaningless :)
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 18, 2015, 03:38:23 pm
We hit for the second times the new support at .00001727. This time with lower volumes the price went up so I guess there less seller pressure and we are about to see the price go up ?

Maybe it will go up and hit a the former support at .00002. Then we'll see if it can brake it with enough volume ...

I'm reading my very first book of charts technical analysis, I love it ! Any opinion on noob TA ?

i'm not a fan of TA as it's never proven actual predictive power. as far as we know, prices in the short run follow something close to a random walk ...if you ever generate a price chart from a random walk process you'll see that it'll look just like any stock or asset price movement; there'll be things that look like resistance levels, trends, trend breakouts, etc. but the fact that we created the charts from random walks should show that our human minds all too often find meaning in the meaningless :)
There are literally thousand of profitable traders , both long term and short term, that use nothing but technical analysis.  Most people who say technical analysis doesn't work have either never tried it or blew up their account because they lacked discipline. Technical analysis is 20% system and 80% risk management.  Nothing predicts market movements 100% of the time, but if you ride your winners and cut your losers short you stand a great chance to make a lot of money.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 04:21:22 pm
We hit for the second times the new support at .00001727. This time with lower volumes the price went up so I guess there less seller pressure and we are about to see the price go up ?

Maybe it will go up and hit a the former support at .00002. Then we'll see if it can brake it with enough volume ...

I'm reading my very first book of charts technical analysis, I love it ! Any opinion on noob TA ?

i'm not a fan of TA as it's never proven actual predictive power. as far as we know, prices in the short run follow something close to a random walk ...if you ever generate a price chart from a random walk process you'll see that it'll look just like any stock or asset price movement; there'll be things that look like resistance levels, trends, trend breakouts, etc. but the fact that we created the charts from random walks should show that our human minds all too often find meaning in the meaningless :)
There are literally thousand of profitable traders , both long term and short term, that use nothing but technical analysis.  Most people who say technical analysis doesn't work have either never tried it or blew up their account because they lacked discipline. Technical analysis is 20% system and 80% risk management.  Nothing predicts market movements 100% of the time, but if you ride your winners and cut your losers short you stand a great chance to make a lot of money.

there being a set of people profiting on technical analysis for some period of time doesn't prove it works; we'd need more evidence to prove it's not in the noise of randomness or luck, and so far that evidence doesn't exist. TA strategies do not have a documented record of producing alpha, so use them at your own risk.

however, i do appreciate the risk management techniques ...
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 18, 2015, 04:35:00 pm
We hit for the second times the new support at .00001727. This time with lower volumes the price went up so I guess there less seller pressure and we are about to see the price go up ?

Maybe it will go up and hit a the former support at .00002. Then we'll see if it can brake it with enough volume ...

I'm reading my very first book of charts technical analysis, I love it ! Any opinion on noob TA ?

i'm not a fan of TA as it's never proven actual predictive power. as far as we know, prices in the short run follow something close to a random walk ...if you ever generate a price chart from a random walk process you'll see that it'll look just like any stock or asset price movement; there'll be things that look like resistance levels, trends, trend breakouts, etc. but the fact that we created the charts from random walks should show that our human minds all too often find meaning in the meaningless :)
There are literally thousand of profitable traders , both long term and short term, that use nothing but technical analysis.  Most people who say technical analysis doesn't work have either never tried it or blew up their account because they lacked discipline. Technical analysis is 20% system and 80% risk management.  Nothing predicts market movements 100% of the time, but if you ride your winners and cut your losers short you stand a great chance to make a lot of money.

there being a set of people profiting on technical analysis for some period of time doesn't prove it works; we'd need more evidence to prove it's not in the noise of randomness or luck, and so far that evidence doesn't exist. TA strategies do not have a documented record of producing alpha, so use them at your own risk.

I suggest you research any of the following people: Chris Capre,, dale Pinkert, Kathy lien, rob booker, Scott Redler , Boris  Shlosberg, Alan Farley, Helene Meisler, and Tom Obrien.

All these people have made CAREERS out of TA.  You said your in college.  If your basing your opinion on something you heard from an Econ professor, you need to reevaluate.  What these people have done is proof that TA works and most of these people have audited trading records.

Nothing in life is 100% proveable, and their is no "holy grail" system out there.  There is only risk management and an edge that lets you exploit the small market inefficiencies that appear every day.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 04:50:24 pm
I suggest you research any of the following people: Chris Capre,, dale Pinkert, Kathy lien, rob booker, Scott Redler , Boris  Shlosberg, Alan Farley, Helene Meisler, and Tom Obrien.

All these people have made CAREERS out of TA.  You said your in college.  If your basing your opinion on something you heard from an Econ professor, you need to reevaluate.  What these people have done is proof that TA works and most of these people have audited trading records.

Nothing in life is 100% proveable, and their is no "holy grail" system out there.  There is only risk management and an edge that lets you exploit the small market inefficiencies that appear every day.

there are actually scientific methods to prove something and that's what Finance is all about. don't let me being a student give you a sense of superiority; i'm going back for my PhD later in my career, so most of my life hasn't been spent in academia. however, my background is irrelevant for arguing a point. just look at a random walk generated price chart and there's no way you'll be able to differentiate it from a stock chart. you can draw out all the TA techniques you'll like on that random walk chart, but it wouldn't change the fact that there are no hidden mechanisms to exploit, just randomness.

for all the persistently successful TA traders there are likely many more who failed. if you took a large population and set them to trading you'll find some subset every period who were successful. advance another period and there'd be some subset of that subset who were successful. repeat for n periods and you're still going to naturally find a smaller subset of successful traders. at the end it'll look like the remaining few are gifted, but no matter how you slice it you would have had a small set of winners at the end of any random process.
Title: Re: Bitshares price discussion
Post by: Xeldal on July 18, 2015, 04:53:26 pm
We hit for the second times the new support at .00001727. This time with lower volumes the price went up so I guess there less seller pressure and we are about to see the price go up ?

Maybe it will go up and hit a the former support at .00002. Then we'll see if it can brake it with enough volume ...

I'm reading my very first book of charts technical analysis, I love it ! Any opinion on noob TA ?

i'm not a fan of TA as it's never proven actual predictive power. as far as we know, prices in the short run follow something close to a random walk ...if you ever generate a price chart from a random walk process you'll see that it'll look just like any stock or asset price movement; there'll be things that look like resistance levels, trends, trend breakouts, etc. but the fact that we created the charts from random walks should show that our human minds all too often find meaning in the meaningless :)
There are literally thousand of profitable traders , both long term and short term, that use nothing but technical analysis.  Most people who say technical analysis doesn't work have either never tried it or blew up their account because they lacked discipline. Technical analysis is 20% system and 80% risk management.  Nothing predicts market movements 100% of the time, but if you ride your winners and cut your losers short you stand a great chance to make a lot of money.

there being a set of people profiting on technical analysis for some period of time doesn't prove it works; we'd need more evidence to prove it's not in the noise of randomness or luck, and so far that evidence doesn't exist. TA strategies do not have a documented record of producing alpha, so use them at your own risk.
Saying technical analysis is equivalent to noise, randomness or luck, is about like saying price and volume means nothing.  TA is an enormous field and is a great deal more than just support and resistance, whole numbers and Japanese candlesticks etc.    Any one indicator is prone to false signals, taken in sum though provides a statistical advantage.  Even if the advantage is purely because of a self fulfilling nature it shows that it does indeed hold some value and is not random.

The price of something over time and how much of it is being traded is of undeniable value and reflects a great deal on how the world perceives what is being traded.  This information is purely technical,  it would not be necessary to even know *what was being traded. You could deduce the publics sentiment simply by looking at these 2 things, price and volume.  This is the root of TA.  It goes a great deal beyond this of course, with all sorts of wonky indicators, most of which are not worth the trouble and are in general not very reliable, especially on their own.

Technical analysis is 20% system and 80% risk management.  Nothing predicts market movements 100% of the time

This can't be overstated.  Discipline is by far the most important aspect of successful trading, and is the hardest trait to master.  Without it you are almost certainly guaranteed to eventually lose your shirt.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 18, 2015, 05:09:36 pm
I suggest you research any of the following people: Chris Capre,, dale Pinkert, Kathy lien, rob booker, Scott Redler , Boris  Shlosberg, Alan Farley, Helene Meisler, and Tom Obrien.

All these people have made CAREERS out of TA.  You said your in college.  If your basing your opinion on something you heard from an Econ professor, you need to reevaluate.  What these people have done is proof that TA works and most of these people have audited trading records.

Nothing in life is 100% proveable, and their is no "holy grail" system out there.  There is only risk management and an edge that lets you exploit the small market inefficiencies that appear every day.

there are actually scientific methods to prove something and that's what Finance is all about. don't let me being a student give you a sense of superiority; i'm going back for my PhD later in my career, so most of my life hasn't been spent in academia. however, my background is irrelevant for arguing a point. just look at a random walk generated price chart and there's no way you'll be able to differentiate it from a stock chart. you can draw out all the TA techniques you'll like on that random walk chart, but it wouldn't change the fact that there are no hidden mechanisms to exploit, just randomness.

for all the persistently successful TA traders there are likely many more who failed. if you took a large population and set them to trading you'll find some subset every period who were successful. advance another period and there'd be some subset of that subset who were successful. repeat for n periods and you're still going to naturally find a smaller subset of successful traders. at the end it'll look like the remaining few are gifted, but no matter how you slice it you would have had a small set of winners at the end of any random process.

banks and hedge funds employ traders that use nothing but technical analysis.  Some bank trading departments Lose money 1 or 2 days out of the entire year.  I don't know how much more evidence you need to see that TA does work.

The only certainty in life is death, and of course there are going to be people who are not successful. That is the case with every profession.  Maybe our ideas of TA are different, but price movements are based on human emotions of fear and greed.  There has been vast amount of research done using Fibonacci and its ability to predict price movements.  Elliot wave is another concept that has been used to accurately predict future prices.  The key is to use these techniques along with risk management to be profitable.

Let's say I think stock xyz is going to hold $10 support level.  I would set a buy order at $10 with a stop loss at 9 dollars and a take profit at 12-13 dollars.  I would risk 1% of my account on this trade. If I'm wrong I lose 1%, if I'm right I make 2-3%.  I only have to be right somewhere around 40% of the time in order to make money. I would have to be wrong something like 300 times straight in order to blow up my account.
Title: Re: Bitshares price discussion
Post by: Xeldal on July 18, 2015, 05:15:22 pm

there are actually scientific methods to prove something and that's what Finance is all about. don't let me being a student give you a sense of superiority; i'm going back for my PhD later in my career, so most of my life hasn't been spent in academia. however, my background is irrelevant for arguing a point. just look at a random walk generated price chart and there's no way you'll be able to differentiate it from a stock chart. you can draw out all the TA techniques you'll like on that random walk chart, but it wouldn't change the fact that there are no hidden mechanisms to exploit, just randomness.

for all the persistently successful TA traders there are likely many more who failed. if you took a large population and set them to trading you'll find some subset every period who were successful. advance another period and there'd be some subset of that subset who were successful. repeat for n periods and you're still going to naturally find a smaller subset of successful traders. at the end it'll look like the remaining few are gifted, but no matter how you slice it you would have had a small set of winners at the end of any random process.

Your walking chart example is not really relevant.  Markets are not random. Price and volume are not random.  You'd be a fool to try and trade something knowing it was not based on anything but a RNG.  TA applies to real, human traded value based instruments. 

Actually TA would probably still apply to this Random walk scenario.  You'd see that its volume was very poor, like a penny stock, and therefore there would be no reliable way to apply TA.  The edge you get from TA is very small, so ideally you'd be trading things with massive trading volume that would not be subject to random interests, blown by the wind.

A good TA trader is also not stuck in a vacuum.  Its important to follow some basic news.  For example if you know that some event like quarterly earnings reports or FOMC minutes are being release, these events are a spike in randomness and TA goes out the window.  Its best not to trade these events from a purely TA perspective.  but with proper risk management they are not such a big deal either, and will even out over the long term.
Title: Re: Bitshares price discussion
Post by: EstefanTT on July 18, 2015, 05:22:06 pm
After my studies of psychology and a lot of different jobs I eventually end up winning my life as a professional poker player for several years now.

In that field, bankroll managment and a good mindset are the very basics. Then, you work (every day) on your strategies and deep understanding of the mathematics and statistics behind the game.

There is a lot of similarities with trading. At the end of the day, it's a "game" of incomplete information. You gater the maximum info you can get (player style, tracker, statistics, ... graph candle, support, wave, indicadors, ...) then, you take the better decision you can. As long as your decision has a positive expected value ON THE LONG TERM, you are good. The fact that you loose or win one hand (or one trade) doesn't matter because you'll never be able to take good decision 100%. It's just the very result of taking decision with an 50% < X% < 100% chance of beeing right.

I'm reading a book about TA. It seemed like a reference in the domain. I'm not sure where to focus my learning after that book.

Anyone here can offer me some suggestions.

Books, trading platform, bots, ... (in english, french or spanish) I mainely interrested in crypto trading. Even if it's trading USD on some amazing industrial-grade financial smart contract platform  :o





Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 05:34:10 pm
banks and hedge funds employ traders that use nothing but technical analysis.  Some bank trading departments Lose money 1 or 2 days out of the entire year.  I don't know how much more evidence you need to see that TA does work.

The only certainty in life is death, and of course there are going to be people who are not successful. That is the case with every profession.  Maybe our ideas of TA are different, but price movements are based on human emotions of fear and greed.  There has been vast amount of research done using Fibonacci and its ability to predict price movements.  Elliot wave is another concept that has been used to accurately predict future prices.  The key is to use these techniques along with risk management to be profitable.

Let's say I think stock xyz is going to hold $10 support level.  I would set a buy order at $10 with a stop loss at 9 dollars and a take profit at 12-13 dollars.  I would risk 1% of my account on this trade. If I'm wrong I lose 1%, if I'm right I make 2-3%.  I only have to be right somewhere around 40% of the time in order to make money. I would have to be wrong something like 300 times straight in order to blow up my account.

fair enough, i haven't studied TA enough to really weigh in one way or another, other than the basics i've presented about there being insufficient evidence to suggest alpha. i've only read a few TA books over a decade ago and seen a tiny bit of asset pricing theory reference to the subject...certainly not enough to be adamant against it, just skeptical.

real people putting their money where their mouth is, like you said with hedge funds and IBs employing TA traders, suggests there might be something there, so i'm not completely ruling it out.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 05:38:09 pm

there are actually scientific methods to prove something and that's what Finance is all about. don't let me being a student give you a sense of superiority; i'm going back for my PhD later in my career, so most of my life hasn't been spent in academia. however, my background is irrelevant for arguing a point. just look at a random walk generated price chart and there's no way you'll be able to differentiate it from a stock chart. you can draw out all the TA techniques you'll like on that random walk chart, but it wouldn't change the fact that there are no hidden mechanisms to exploit, just randomness.

for all the persistently successful TA traders there are likely many more who failed. if you took a large population and set them to trading you'll find some subset every period who were successful. advance another period and there'd be some subset of that subset who were successful. repeat for n periods and you're still going to naturally find a smaller subset of successful traders. at the end it'll look like the remaining few are gifted, but no matter how you slice it you would have had a small set of winners at the end of any random process.

Your walking chart example is not really relevant.  Markets are not random. Price and volume are not random.  You'd be a fool to try and trade something knowing it was not based on anything but a RNG.  TA applies to real, human traded value based instruments. 

Actually TA would probably still apply to this Random walk scenario.  You'd see that its volume was very poor, like a penny stock, and therefore there would be no reliable way to apply TA.  The edge you get from TA is very small, so ideally you'd be trading things with massive trading volume that would not be subject to random interests, blown by the wind.

A good TA trader is also not stuck in a vacuum.  Its important to follow some basic news.  For example if you know that some event like quarterly earnings reports or FOMC minutes are being release, these events are a spike in randomness and TA goes out the window.  Its best not to trade these events from a purely TA perspective.  but with proper risk management they are not such a big deal either, and will even out over the long term.

hey maybe there is something there wrt signaling and taking advantage of those signals. there's nothing in asset pricing theory, at least, that suggests TA has merit, but there's a lot we don't understand about the world yet. i just wanted to advise caution is all as there are plenty of charlatans out there selling trading strategies that don't hold up to the promises they make.

of course stock prices aren't products of RNGs, i just brought that example up to show that people often find patterns in noise bc our brains are wired to pick out patterns.
Title: Re: Bitshares price discussion
Post by: Pheonike on July 18, 2015, 06:02:16 pm
If enough people believe in TA then the more likely it will look right. The more money chasing an outcome can make that outcome come true. It like being in crowd, the more people push in one direction the more likely everyone will move that direction. Plus you have a 1 in 360 chance of being right anyway. (360 degree in circle).
Title: Re: Bitshares price discussion
Post by: Xeldal on July 18, 2015, 06:10:35 pm

there are actually scientific methods to prove something and that's what Finance is all about. don't let me being a student give you a sense of superiority; i'm going back for my PhD later in my career, so most of my life hasn't been spent in academia. however, my background is irrelevant for arguing a point. just look at a random walk generated price chart and there's no way you'll be able to differentiate it from a stock chart. you can draw out all the TA techniques you'll like on that random walk chart, but it wouldn't change the fact that there are no hidden mechanisms to exploit, just randomness.

for all the persistently successful TA traders there are likely many more who failed. if you took a large population and set them to trading you'll find some subset every period who were successful. advance another period and there'd be some subset of that subset who were successful. repeat for n periods and you're still going to naturally find a smaller subset of successful traders. at the end it'll look like the remaining few are gifted, but no matter how you slice it you would have had a small set of winners at the end of any random process.

Your walking chart example is not really relevant.  Markets are not random. Price and volume are not random.  You'd be a fool to try and trade something knowing it was not based on anything but a RNG.  TA applies to real, human traded value based instruments. 

Actually TA would probably still apply to this Random walk scenario.  You'd see that its volume was very poor, like a penny stock, and therefore there would be no reliable way to apply TA.  The edge you get from TA is very small, so ideally you'd be trading things with massive trading volume that would not be subject to random interests, blown by the wind.

A good TA trader is also not stuck in a vacuum.  Its important to follow some basic news.  For example if you know that some event like quarterly earnings reports or FOMC minutes are being release, these events are a spike in randomness and TA goes out the window.  Its best not to trade these events from a purely TA perspective.  but with proper risk management they are not such a big deal either, and will even out over the long term.

hey maybe there is something there wrt signaling and taking advantage of those signals. there's nothing in asset pricing theory, at least, that suggests TA has merit, but there's a lot we don't understand about the world yet. i just wanted to advise caution is all as there are plenty of charlatans out there selling trading strategies that don't hold up to the promises they make.

of course stock prices aren't products of RNGs, i just brought that example up to show that people often find patterns in noise bc our brains are wired to pick out patterns.

Absolutely, and caution is well advised. : ) Anyone looking to actually make a career out of trading should expect to lose their ass at least a couple times before the importance of risk management sinks in.  No amount of reading/studying can prepare you for the emotional turmoil of both a losing and winning trade.  Time in the seat is the best education you can get, and even with that, most are simply not cut out for it.  You'll be certain of which you are after some time, if you still have any money left.   trading(specifically day trading) is not about hitting home runs, its not even about getting on base.  Its about following a highly disciplined art of making contact with the ball at least 51% of the time. 

Like you suggest, your brain is wired to sabotage you every step of the way, and it won't ever stop trying to find patterns and giving gut feelings etc.  If you can't separate your emotional dreaming from a clear rigorously defined method... you will likely fail.

Title: Re: Bitshares price discussion
Post by: NewMine on July 18, 2015, 06:19:18 pm
Headline for Newmine's next post:

Bitshares devs to abandon Bitshares, work to make blockchain for some bank.

Dare me?
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 06:25:21 pm
Like you suggest, your brain is wired to sabotage you every step of the way, and it won't ever stop trying to find patterns and giving gut feelings etc.  If you can't separate your emotional dreaming from a clear rigorously defined method... you will likely fail.

well said  +5%
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 06:26:55 pm
If enough people believe in TA then the more likely it will look right. The more money chasing an outcome can make that outcome come true. It like being in crowd, the more people push in one direction the more likely everyone will move that direction. Plus you have a 1 in 360 chance of being right anyway. (360 degree in circle).

yeah maybe there is some element of self-fulfilling prophecy with trading...that's at least true of the momentum effect, a proven return factor at least in the short-intermediate term.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 18, 2015, 06:52:22 pm
Headline for Newmine's next post:

Bitshares devs to abandon Bitshares, work to make blockchain for some bank.

Dare me?

lol please do, i'll be waiting to pick up some BTS on the dump :)
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on July 18, 2015, 09:02:28 pm
Headline for Newmine's next post:

Bitshares devs to abandon Bitshares, work to make blockchain for some bank.

Dare me?

lol please do, i'll be waiting to pick up some BTS on the dump :)

I don't think weak hands can survive these depths, but I don't mind if Newmine tries to find a few. ;)
Title: Re: Bitshares price discussion
Post by: jsidhu on July 19, 2015, 09:06:32 am
Im certain anyone talking smack has already dumped. Its phsycology. He just comes on hoping he didnt make bad decision howver since he sold as 0.02 hes already crying.
Title: Re: Bitshares price discussion
Post by: chryspano on July 19, 2015, 10:47:02 am
(http://i.imgur.com/pgzUAPW.jpg)
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 19, 2015, 01:28:42 pm
We hit for the second times the new support at .00001727. This time with lower volumes the price went up so I guess there less seller pressure and we are about to see the price go up ?

Maybe it will go up and hit a the former support at .00002. Then we'll see if it can brake it with enough volume ...

I'm reading my very first book of charts technical analysis, I love it ! Any opinion on noob TA ?

i'm not a fan of TA as it's never proven actual predictive power. as far as we know, prices in the short run follow something close to a random walk ...if you ever generate a price chart from a random walk process you'll see that it'll look just like any stock or asset price movement; there'll be things that look like resistance levels, trends, trend breakouts, etc. but the fact that we created the charts from random walks should show that our human minds all too often find meaning in the meaningless :)
There are literally thousand of profitable traders , both long term and short term, that use nothing but technical analysis.  Most people who say technical analysis doesn't work have either never tried it or blew up their account because they lacked discipline. Technical analysis is 20% system and 80% risk management.  Nothing predicts market movements 100% of the time, but if you ride your winners and cut your losers short you stand a great chance to make a lot of money.

there being a set of people profiting on technical analysis for some period of time doesn't prove it works; we'd need more evidence to prove it's not in the noise of randomness or luck, and so far that evidence doesn't exist. TA strategies do not have a documented record of producing alpha, so use them at your own risk.

however, i do appreciate the risk management techniques ...

Do you consider trends as part of technical analysis? 

I would say there is proof that prices trend and it's pretty obvious why, because for one, new information isn't absorbed/known to all market participants at once and takes a while to be assimilated.

https://books.google.co.uk/books?id=NwFw3p0pXtIC&pg=PA104&lpg=PA104&dq=richard+fARLEIGH+TREND+IS+YOUR+FRIEND&source=bl&ots=4sKTR_mRcu&sig=V3hPkQVubFzzVJzQ3J7wjHyWT74&hl=en&sa=X&ved=0CEwQ6AEwB2oVChMIr5elu6DnxgIVBccUCh1Q_gV1#v=onepage&q=richard%20fARLEIGH%20TREND%20IS%20YOUR%20FRIEND&f=false

Personally I prefer understanding and interpreting the information that makes prices move.

Title: Re: Bitshares price discussion
Post by: infovortice2013 on July 19, 2015, 03:11:40 pm
this week 1650-1700k
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 19, 2015, 04:42:36 pm
Do you consider trends as part of technical analysis? 

I would say there is proof that prices trend and it's pretty obvious why, because for one, new information isn't absorbed/known to all market participants at once and takes a while to be assimilated.

https://books.google.co.uk/books?id=NwFw3p0pXtIC&pg=PA104&lpg=PA104&dq=richard+fARLEIGH+TREND+IS+YOUR+FRIEND&source=bl&ots=4sKTR_mRcu&sig=V3hPkQVubFzzVJzQ3J7wjHyWT74&hl=en&sa=X&ved=0CEwQ6AEwB2oVChMIr5elu6DnxgIVBccUCh1Q_gV1#v=onepage&q=richard%20fARLEIGH%20TREND%20IS%20YOUR%20FRIEND&f=false

Personally I prefer understanding and interpreting the information that makes prices move.

i also very much enjoy understanding prices, which is why i've been focusing on asset pricing so far. yes, trends do contain information and seem to affect prices as documented in Jagadeesh and Titman's 'momentum effect' ...there are some excellent papers proving it has existed in historical data and is now incorporated as a pricing factor in risk adjustment models. i'm not sure how momentum factor relates to TA, but that would be an interesting study.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 19, 2015, 04:43:09 pm
(http://i.imgur.com/pgzUAPW.jpg)

LOL double down!
Title: Re: Bitshares price discussion
Post by: Chuckone on July 20, 2015, 01:25:14 pm
Finally we get a decent "pump" while all other top 10 cryptos are roughly stable  8)

Let's hope it keeps on going!
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 20, 2015, 01:27:34 pm
Finally we get a decent "pump" while all other top 10 cryptos are roughly stable  8)

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 20, 2015, 01:45:34 pm
Finally we get a decent "pump" while all other top 10 cryptos are roughly stable  8)

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/

Yes I would say it's largely due to the Keiser article. Yesterday nearly everyone else was red and BTS was green.

In my mind it also increases the possibility Max himself may look into BTS more, BTS 2.0  is right up his street and also that he might consider an interview with say Max Wright and Daniel on the Keiser report, post BTS 2.0 release. Which prior to this I would have said was extremely unlikely.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 20, 2015, 02:11:11 pm
Finally we get a decent "pump" while all other top 10 cryptos are roughly stable  8)

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/

Yes I would say it's largely due to the Keiser article. Yesterday nearly everyone else was red and BTS was green.

In my mind it also increases the possibility Max himself may look into BTS more, BTS 2.0  is right up his street and also that he might consider an interview with say Max Wright and Daniel on the Keiser report, post BTS 2.0 release. Which prior to this I would have said was extremely unlikely.

that'd be great for us to have continued publicity, his investment, and capital flow from his viewers who get sold on us...
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 20, 2015, 02:38:02 pm
Finally we get a decent "pump" while all other top 10 cryptos are roughly stable  8)

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/

Yes I would say it's largely due to the Keiser article. Yesterday nearly everyone else was red and BTS was green.

In my mind it also increases the possibility Max himself may look into BTS more, BTS 2.0  is right up his street and also that he might consider an interview with say Max Wright and Daniel on the Keiser report, post BTS 2.0 release. Which prior to this I would have said was extremely unlikely.

that'd be great for us to have continued publicity, his investment, and capital flow from his viewers who get sold on us...

Of course it looks like we'll have to contend with the Ethereum effect pretty soon...

http://cointelegraph.com/news/114898/ethereum-prepares-for-take-off
Title: Re: Bitshares price discussion
Post by: xeroc on July 20, 2015, 02:44:33 pm
Of course it looks like we'll have to contend with the Ethereum effect pretty soon...
IMHO ethereum is overhyped .. If I had participated in the pre-sale, I'd try to get rid of my ETH as soon as they are traded with some liquidity .. (not an divestment advice)
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 20, 2015, 02:55:32 pm
Of course it looks like we'll have to contend with the Ethereum effect pretty soon...
IMHO ethereum is overhyped .. If I had participated in the pre-sale, I'd try to get rid of my ETH as soon as they are traded with some liquidity .. (not an divestment advice)

I didn't participate in the pre-sale either. (As I felt it was a POW play.)  Bitcoin was circa $500 at the time, and the whole crypto-market has declined since, so it will be interesting to see where the market values it.

It could ultimately work in BTS's favour if Ethereum gets a high valuation.
As if it will draw renewed attention to smart currency platforms & if BTS 2.0 is released in a timely manner and outperforms it in a lot of areas, it will be hard for us not to be revalued higher too.
Title: Re: Bitshares price discussion
Post by: xeroc on July 20, 2015, 03:02:40 pm
As if it will draw renewed attention to smart currency platforms & if BTS 2.0 is released in a timely manner and outperforms it in a lot of areas, it will be hard for us not to be revalued higher too.
Issue is: We need to tell people once our platform seems to perform better.

Wouldn't it make sense to draft a press release in which we carefully state your advantages over ethereum while congratulating them for their genesis? Would that be interpreted as "bad blood"?
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 20, 2015, 03:04:53 pm
As if it will draw renewed attention to smart currency platforms & if BTS 2.0 is released in a timely manner and outperforms it in a lot of areas, it will be hard for us not to be revalued higher too.
Issue is: We need to tell people once our platform seems to perform better.

Wouldn't it make sense to draft a press release in which we carefully state your advantages over ethereum while congratulating them for their genesis? Would that be interpreted as "bad blood"?

a high functioning 2.0 system will naturally attract serious capital; nonetheless, a little healthy competition with Ethereum couldn't hurt :)
Title: Re: Bitshares price discussion
Post by: xeroc on July 20, 2015, 03:07:49 pm
Wouldn't it be cool to show in in Google Searched next to Ethereum when people search for "Ethereum slow" :D
Kidding ... let's try grow a healthy ecosystem. There is enough jobs to be decentralized for both of our chains and I welcome Ethereum and their totally different and academical approach!!
Title: Re: Bitshares price discussion
Post by: jakub on July 20, 2015, 03:09:21 pm
From the Ethereum offspring only EtherEx looks like our direct competitor
https://etherex.org/faq (https://etherex.org/faq)

You can play with their demo here:
http://etherex.github.io/etherex/#/ (http://etherex.github.io/etherex/#/)
but don't expect too much, it's a very simple GUI.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 20, 2015, 03:10:47 pm
From the Ethereum offspring only EtherEx looks like our direct competitor
https://etherex.org/faq (https://etherex.org/faq)

You can play with their demo here:
http://etherex.github.io/etherex/#/ (http://etherex.github.io/etherex/#/)
but don't expect too much, it's a very simple GUI.

the healthiest way to look at competition is as a way to learn about our own weaknesses, improve them, and adopt anything we think has value from what the other guys are doing.
Title: Re: Bitshares price discussion
Post by: Ander on July 20, 2015, 08:44:52 pm
Wow, Gold got destroyed today, and mining stocks got it even worse.  The top several mining companies lost a combined market cap greater than every crypto combined. 

This doesnt surprise me.  Ever since the mining indexes broke the neckline of a big head and shoulders formaiton a couple weeks ago they've been in freefall.

I think a bunch of these companies are going to go under (the smaller ones with worse financials) before Gold recovers back to prices they can make money on.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 20, 2015, 09:06:19 pm
Wow, Gold got destroyed today, and mining stocks got it even worse.  The top several mining companies lost a combined market cap greater than every crypto combined. 

This doesnt surprise me.  Ever since the mining indexes broke the neckline of a big head and shoulders formaiton a couple weeks ago they've been in freefall.

I think a bunch of these companies are going to go under (the smaller ones with worse financials) before Gold recovers back to prices they can make money on.

yeah i agree, sucks to see this kind of route in the industry, but also makes me salivate on throwing some more capital into picking up the scraps.
Title: Re: Bitshares price discussion
Post by: Ander on July 20, 2015, 09:13:41 pm
I wouldnt buy gold stocks right now, most of them are in debt and losing money, and the chart looks to me like they will go a lot lower.  Bitcoin/cryptocurrencies replaced gold, imo.  During the greece crisis gold just kept going down, while bitcoin rose, and the media was talking about bitcoin as the store of value.


http://www.marketwatch.com/story/why-gold-is-falling-and-wont-get-up-again-2015-07-20


"Do you remember Gold, it was sort of an analog bitcoin". :)
Title: Re: Bitshares price discussion
Post by: Buck Fankers on July 20, 2015, 09:41:37 pm
"Do you remember Gold, it was sort of an analog bitcoin". :)

 +5%
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 20, 2015, 09:43:14 pm
I wouldnt buy gold stocks right now, most of them are in debt and losing money, and the chart looks to me like they will go a lot lower.  Bitcoin/cryptocurrencies replaced gold, imo.  During the greece crisis gold just kept going down, while bitcoin rose, and the media was talking about bitcoin as the store of value.


http://www.marketwatch.com/story/why-gold-is-falling-and-wont-get-up-again-2015-07-20


"Do you remember Gold, it was sort of an analog bitcoin". :)

lol nice... gold as an analog to bitcoin  +5%

yeah if i were a trader i would not be buying gold or mining stocks right now, but i'm loading up for a long term horizon using big dips as buying opportunities and spreading risks to the entire sector instead of specific stocks. that's just with some discretionary cash i keep in my portfolio. when i do my overall rebalancing i'll inevitably sell some winners and buy more gold and mining stocks since those have been persistent losers.
Title: Re: Bitshares price discussion
Post by: Buck Fankers on July 20, 2015, 09:47:02 pm
http://www.zerohedge.com/news/2015-07-20/what-happened-last-time-mainstream-media-slammed-gold (http://www.zerohedge.com/news/2015-07-20/what-happened-last-time-mainstream-media-slammed-gold)
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 20, 2015, 11:18:15 pm
I wouldnt buy gold stocks right now, most of them are in debt and losing money, and the chart looks to me like they will go a lot lower.  Bitcoin/cryptocurrencies replaced gold, imo.  During the greece crisis gold just kept going down, while bitcoin rose, and the media was talking about bitcoin as the store of value.


http://www.marketwatch.com/story/why-gold-is-falling-and-wont-get-up-again-2015-07-20


"Do you remember Gold, it was sort of an analog bitcoin". :)

The gold and silver markets are cornered by large players who control the paper price.

http://www.zerohedge.com/news/2015-07-04/why-did-citigroups-precious-metals-derivative-exposure-just-soar-1260

The recent rout was likely a Western response to China announcing an increase of 50% of their gold holdings in a single month.

http://www.zerohedge.com/news/2015-07-17/china-increases-gold-holdings-57-one-month-first-official-update-2009

China has actually accumulated a MUCH larger position, the West's only counter-response is to depress the paper price and talk down gold in the MSM, but you'll still see the physical PM market respond to situations like Greece, most notably in shortages and higher premiums.

Quote
Torgny Persson, CEO of BullionStar, noted

Precious metals demand in the last week leading up to the Greek referendum has been about 150 % higher than normal both in terms of order quantity and order volume…Based on my conversations with the western world’s leading refineries and precious metals wholesalers, they have experienced similar increases in the last week.”

However, a surging gold price is the last thing that anybody who’s concerned with maintaining the veneer of financial stability wants to see.

http://www.zerohedge.com/news/2015-07-14/gold-and-silver-stand-selling-paper-gold-and-silver-finally-ending
Title: Re: Bitshares price discussion
Post by: Ander on July 20, 2015, 11:28:44 pm

The recent rout was likely a Western response to China announcing an increase of 50% of their gold holdings in a single month.

http://www.zerohedge.com/news/2015-07-17/china-increases-gold-holdings-57-one-month-first-official-update-2009

China has actually accumulated a MUCH larger position, the West's only counter-response is to depress the paper price and talk down gold in the MSM, but you'll still see the physical PM market respond to situations like Greece, most notably in shortages and higher premiums.

China didnt buy that much gold in 1 month.  Thats the change over the past six years since they last released info in 2009.  And apparently they had bought a lot less than people thought they were.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 20, 2015, 11:33:33 pm

The recent rout was likely a Western response to China announcing an increase of 50% of their gold holdings in a single month.

http://www.zerohedge.com/news/2015-07-17/china-increases-gold-holdings-57-one-month-first-official-update-2009

China has actually accumulated a MUCH larger position, the West's only counter-response is to depress the paper price and talk down gold in the MSM, but you'll still see the physical PM market respond to situations like Greece, most notably in shortages and higher premiums.

China didnt buy that much gold in 1 month.  Thats the change over the past six years since they last released info in 2009.  And apparently they had bought a lot less than people thought they were.

Yeah, I know they didn't buy that in one month, they've accumulated it (and a much larger position since 2009) and they can announce increases whenever it's advantageous for them to do so. Someone would have to be extremely naive to think that is the total of the increases we will see announced.

There are various theories for their reasoning but this sounds fairly logical

Quote
AEP goes on to quote David Marsh, from the monetary forum OMFIF, who said "China would risk unsettling the world gold market if it revealed bullion reserves of 2,000 or 3,000 tonnes. This might be interpreted as an unfriendly move against the dollar at a "delicate time."

And from a purely logical standpoint, it would be far more sensible for the PBOC to reveal just a fraction of its gold holdings, whether it was to stabilize its stock market or to boost its chances of SDR admission, than to expose the entire vault, especially if it wanted to buy more: it doesn't take rocket surgery to realize that one can buy more assets for cheaper, if one is not exposed as amassing a huge position in a given asset.

http://www.zerohedge.com/news/2015-07-20/case-china%E2%80%99s-missing-gold
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 21, 2015, 02:00:53 pm

The recent rout was likely a Western response to China announcing an increase of 50% of their gold holdings in a single month.

http://www.zerohedge.com/news/2015-07-17/china-increases-gold-holdings-57-one-month-first-official-update-2009

China has actually accumulated a MUCH larger position, the West's only counter-response is to depress the paper price and talk down gold in the MSM, but you'll still see the physical PM market respond to situations like Greece, most notably in shortages and higher premiums.

China didnt buy that much gold in 1 month.  Thats the change over the past six years since they last released info in 2009.  And apparently they had bought a lot less than people thought they were.

Yeah, I know they didn't buy that in one month, they've accumulated it (and a much larger position since 2009) and they can announce increases whenever it's advantageous for them to do so. Someone would have to be extremely naive to think that is the total of the increases we will see announced.

There are various theories for their reasoning but this sounds fairly logical

Quote
AEP goes on to quote David Marsh, from the monetary forum OMFIF, who said "China would risk unsettling the world gold market if it revealed bullion reserves of 2,000 or 3,000 tonnes. This might be interpreted as an unfriendly move against the dollar at a "delicate time."

And from a purely logical standpoint, it would be far more sensible for the PBOC to reveal just a fraction of its gold holdings, whether it was to stabilize its stock market or to boost its chances of SDR admission, than to expose the entire vault, especially if it wanted to buy more: it doesn't take rocket surgery to realize that one can buy more assets for cheaper, if one is not exposed as amassing a huge position in a given asset.

http://www.zerohedge.com/news/2015-07-20/case-china%E2%80%99s-missing-gold

with China, or any government for that matter, we never know how close reported figures come to the truth. i also suspect they've been hoarding more gold than they've made public, and at some point i imagine they'll have incentive to pretend they have more than they do...i don't think they ever have incentive to tell the truth.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on July 21, 2015, 08:31:19 pm

The recent rout was likely a Western response to China announcing an increase of 50% of their gold holdings in a single month.

http://www.zerohedge.com/news/2015-07-17/china-increases-gold-holdings-57-one-month-first-official-update-2009

China has actually accumulated a MUCH larger position, the West's only counter-response is to depress the paper price and talk down gold in the MSM, but you'll still see the physical PM market respond to situations like Greece, most notably in shortages and higher premiums.

China didnt buy that much gold in 1 month.  Thats the change over the past six years since they last released info in 2009.  And apparently they had bought a lot less than people thought they were.

Yeah, I know they didn't buy that in one month, they've accumulated it (and a much larger position since 2009) and they can announce increases whenever it's advantageous for them to do so. Someone would have to be extremely naive to think that is the total of the increases we will see announced.

There are various theories for their reasoning but this sounds fairly logical

Quote
AEP goes on to quote David Marsh, from the monetary forum OMFIF, who said "China would risk unsettling the world gold market if it revealed bullion reserves of 2,000 or 3,000 tonnes. This might be interpreted as an unfriendly move against the dollar at a "delicate time."

And from a purely logical standpoint, it would be far more sensible for the PBOC to reveal just a fraction of its gold holdings, whether it was to stabilize its stock market or to boost its chances of SDR admission, than to expose the entire vault, especially if it wanted to buy more: it doesn't take rocket surgery to realize that one can buy more assets for cheaper, if one is not exposed as amassing a huge position in a given asset.

http://www.zerohedge.com/news/2015-07-20/case-china%E2%80%99s-missing-gold

with China, or any government for that matter, we never know how close reported figures come to the truth. i also suspect they've been hoarding more gold than they've made public, and at some point i imagine they'll have incentive to pretend they have more than they do...i don't think they ever have incentive to tell the truth.

At some point when there is a crisis of confidence in fiat (and there always is) then governments will have to prove their reserves to some degree. I think it's a safe bet that Western holdings are grossly overstated and Eastern holdings, especially China are understated.

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/05/20150527_russ.jpg)

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/07/shanghai-gold-exchange-week-ended-july-10-2015_0.png)

(http://goldsilverworlds.com/wp-content/uploads/2013/05/currency_wars_china_US_gold_cartoon.png)
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 21, 2015, 10:31:16 pm
At some point when there is a crisis of confidence in fiat (and there always is) then governments will have to prove their reserves to some degree. I think it's a safe bet that Western holdings are grossly overstated and Eastern holdings, especially China are understated.

true, at some point it'll be favorable for governments to declare they have vaults spilling over with gold; it's just that when that incentive exists, i'd bet every government will overstate their holdings!

great graphics, btw. great snowball fight ...i'd rather have the gold chucked on my side of the fence.
Title: Re: Bitshares price discussion
Post by: Ander on July 22, 2015, 12:17:11 am
People are pumping the heck out of BTS in the polo trollbox right now.  Some guy claiming he heard about big news coming soon (big financial partner?) , and various people trying to explain Bitshares to newbies there.

Also the polo volume has been higher in some of the past few days than btc38!  I wonder if the trade is shifting.  I'd like to see polo volume rise a lot.  Its already replaced what bter used to be. 
Title: Re: Bitshares price discussion
Post by: Akado on July 22, 2015, 01:08:46 am
People are pumping the heck out of BTS in the polo trollbox right now.  Some guy claiming he heard about big news coming soon (big financial partner?) , and various people trying to explain Bitshares to newbies there.

Also the polo volume has been higher in some of the past few days than btc38!  I wonder if the trade is shifting.  I'd like to see polo volume rise a lot.  Its already replaced what bter used to be.

If there were any news wouldn't it make more sense to come here instead of a trollbox? Seems just like any other attempt to pump the price
Title: Re: Bitshares price discussion
Post by: Ander on July 22, 2015, 01:43:30 am

If there were any news wouldn't it make more sense to come here instead of a trollbox? Seems just like any other attempt to pump the price

Yeah, think it was an attempt to pump based on the Bank partnership news that Dan mentioned in the last mumble.
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 22, 2015, 01:48:11 am
People are pumping the heck out of BTS in the polo trollbox right now.  Some guy claiming he heard about big news coming soon (big financial partner?) , and various people trying to explain Bitshares to newbies there.

Also the polo volume has been higher in some of the past few days than btc38!  I wonder if the trade is shifting.  I'd like to see polo volume rise a lot.  Its already replaced what bter used to be.

interesting...i heart rumors that make BTS popular
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 22, 2015, 02:04:24 pm
Here we go ;) check out the Poloniex volume
Title: Re: Bitshares price discussion
Post by: cylonmaker2053 on July 22, 2015, 02:06:32 pm
great bc i have a bunch of short positions that have been bleeding me over the last couple weeks! it'd be great to have a price bounce to make up some of those losses!
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 22, 2015, 02:56:06 pm
When withdrawing bitshares from an exchange what do I put as the memo? I don't want to lose my funds! :S
Title: Re: Bitshares price discussion
Post by: inarizushi on July 22, 2015, 03:03:41 pm
When withdrawing bitshares from an exchange what do I put as the memo? I don't want to lose my funds! :S

Normally you shouldn't need to put anything in the memo to withdraw. Try to withdraw a small amount first if you're unsure it'll work.
Title: Re: Bitshares price discussion
Post by: Ander on July 22, 2015, 03:34:35 pm
When withdrawing bitshares from an exchange what do I put as the memo? I don't want to lose my funds! :S

Normally you shouldn't need to put anything in the memo to withdraw. Try to withdraw a small amount first if you're unsure it'll work.

Just triple check that your account name that it is sending to is correct.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 22, 2015, 05:28:18 pm
Thank you. Do you guys ever see the Yuan reaching dollar parity ? ...if so when?


Can I buy yuan with bts?
Title: Re: Bitshares price discussion
Post by: lil_jay890 on July 22, 2015, 05:32:08 pm
Thank you. Do you guys ever see the Yuan reaching dollar parity ? ...if so when?


Can I buy yuan with bts?

Only way it reaches parity is if the Chinese government allowed it to appreciate.... Buy bitcny if you want Yuan exposure
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 22, 2015, 08:00:01 pm
For anyone who has not read this yet or needs  a link here ya go!


https://bitshares.org/newsletter/2015/nullstreet/the_nullstreet_journal_0-5.pdf
Title: Re: Bitshares price discussion
Post by: Ander on July 22, 2015, 09:57:31 pm
Thank you. Do you guys ever see the Yuan reaching dollar parity ? ...if so when?

Can I buy yuan with bts?

I dont it will reach parity in this decade.  Long term I dont know.

You can buy bitCNY within Bitshares, you can also trade between BTS and CNY on btc38.
Title: Re: Bitshares price discussion
Post by: EstefanTT on July 22, 2015, 11:01:04 pm
When withdrawing bitshares from an exchange what do I put as the memo? I don't want to lose my funds! :S

Careful that in Poloniex, they give you a specific memo (at the left below the amount you have) when you want to withdraw.

You have to enter the memo so the withdraw is executed.
Title: Re: Bitshares price discussion
Post by: Xeldal on July 22, 2015, 11:25:25 pm
When withdrawing bitshares from an exchange what do I put as the memo? I don't want to lose my funds! :S

Careful that in Poloniex, they give you a specific memo (at the left below the amount you have) when you want to withdraw.

You have to enter the memo so the withdraw is executed.

The memo at Poloniex is for deposits only.  Withdrawing BTS to your own wallet from poloniex does not require a memo.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on July 23, 2015, 02:04:24 am
Thanks for clearing that up it was confusing.
Title: Re: Bitshares price discussion
Post by: EstefanTT on July 23, 2015, 01:49:05 pm
When withdrawing bitshares from an exchange what do I put as the memo? I don't want to lose my funds! :S

Careful that in Poloniex, they give you a specific memo (at the left below the amount you have) when you want to withdraw.

You have to enter the memo so the withdraw is executed.

The memo at Poloniex is for deposits only.  Withdrawing BTS to your own wallet from poloniex does not require a memo.

I didn't know that, thanks for correcting me  ;)
Title: Re: Bitshares price discussion
Post by: DestBest on August 15, 2015, 10:25:00 pm
Yeah  8)
44 BTC BUY wall on polo

Edit: It disappeared  ???
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 16, 2015, 04:11:55 am
Now would be a good time for an ander always bullish bts post!
Title: Re: Bitshares price discussion
Post by: jsidhu on August 16, 2015, 06:35:55 am
Btc38 looks like some group is offloading.. Probably whoever pumped it last few days.. The 2 million sell was probably the leader.
Title: Re: Bitshares price discussion
Post by: Ander on August 16, 2015, 06:58:58 am
Now would be a good time for an ander always bullish bts post!

Should I mention that I sold 200k BTS at 2100 and rebought it at 1700?

And I made .5 BTC shorting ether this week  It was a good week. :) 
(I dont normally short anything because I hate margin, but I did a little after it became obvious that ETH had peaked.

I would be long BTS now.  We broke out and then returned to the breakout point and held, thats usually a really good time to buy, right before the bulk of the rise occurs. 
I'm kindof surprised BTS tanked as much as it did. 
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 16, 2015, 07:27:40 am
where did you short Ether? I want to short the shit out of it because I think it will drop to at least $30mil market cap..
Title: Re: Bitshares price discussion
Post by: speedy on August 16, 2015, 08:20:13 am
where did you short Ether? I want to short the shit out of it because I think it will drop to at least $30mil market cap..

Id like to know as well, but I would prefer to be able to short it from within BitShares.

Can we have a pegged asset for Ethereum in the 2.0 genesis block? Save us from having to pay the fee to create it.
Title: Re: Bitshares price discussion
Post by: Ander on August 16, 2015, 08:54:35 am
where did you short Ether? I want to short the shit out of it because I think it will drop to at least $30mil market cap..

Id like to know as well, but I would prefer to be able to short it from within BitShares.

Can we have a pegged asset for Ethereum in the 2.0 genesis block? Save us from having to pay the fee to create it.

Shorted it at .0065 covered at .005.  I dont want to short it again until I get a nice bounce that looks like its momentum has fizzled out.

(Oh what site.  At poloniex.)
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 16, 2015, 10:18:22 am
I have 0.5btc left. Once the wallet is synchronized (probably after 5 hours) I will send this to poloniex to short some ETH, make some profit and buy some extremely cheap BTS.. ETH is going at 0.0033 today I think...If by the time I manage to send the btc to Poloniex ETH is at 0.0033 I will just by some BTS instead  :)

I am looking forward to the day we have high volume in our DEX and don't need to move around coins all over to different platforms and waiting for ages the bitcoin wallet to synch..
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 16, 2015, 11:59:22 am
Yea, I would love to have the ability to short/long ETH without having to leave the BTS wallet...is this ever gonna happen?
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 16, 2015, 02:18:17 pm
While I have some question marks over their medium term commitment to BTS, I already have a decent BTS position and am buying strongly at the moment, not too far from BTS 2.0 now...

Also BTS seemed to be rising consistently for about a week and only a recent 2.5 million BTS dump started to break that trend which I think will resume.

(2.5 million or 0.1% doesn't seem like a lot but a 0.1% or 60 000 ETH dump would also drop ETH on Poloniex by 10-20%)
Title: Re: Bitshares price discussion
Post by: Ander on August 16, 2015, 06:53:25 pm
I'm long a bit of ETH at .005 now.  We will see.  Maybe I'll be bagholding it soon lol.  (Less than hald a BTC worth though(.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 16, 2015, 07:45:45 pm
I'm long a bit of ETH at .005 now.  We will see.  Maybe I'll be bagholding it soon lol.  (Less than hald a BTC worth though(.

The thing that concerns me is that there's only about 1% of ETH for sale on the exchanges atm whereas say 5% of LTC.

The amount in sell orders on Poloniex has also increased steadily over the weekend.

So I think more ETH is steadily coming onto the exchanges and will push the price down.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 16, 2015, 07:51:48 pm
@Ander go short on ETH on Poloniex..I am shorting  it and buying all the BTS with margin on Poloniex..Let's pump BTS and short sell ETH to see what happens..

I haven't traded on Poloniex for over a year now..It's fun..especially when you don't care about a coin and you can short it with leverage like ETH..
I am hoping BTS 2 to be like Poloniex..Everything is so clear and easy
Title: Re: Bitshares price discussion
Post by: Ander on August 16, 2015, 08:22:13 pm
@Ander go short on ETH on Poloniex..I am shorting  it and buying all the BTS with margin on Poloniex..Let's pump BTS and short sell ETH to see what happens..

I haven't traded on Poloniex for over a year now..It's fun..especially when you don't care about a coin and you can short it with leverage like ETH..
I am hoping BTS 2 to be like Poloniex..Everything is so clear and easy

I'll short ETH if it gets back around .07.  Right now very long BTS, slightly long ETH, not on margin.
People got too bearish about ETH after that drop, everyone wants to short it now, I'm thinking it bounces a bit.  But if it doesnt its okay, I only have like 70 eth.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 16, 2015, 08:24:16 pm
@Ander go short on ETH on Poloniex..I am shorting  it and buying all the BTS with margin on Poloniex..Let's pump BTS and short sell ETH to see what happens..

I haven't traded on Poloniex for over a year now..It's fun..especially when you don't care about a coin and you can short it with leverage like ETH..
I am hoping BTS 2 to be like Poloniex..Everything is so clear and easy

Ummm are you trying to blow up your account?  What you're  doing is risky, borderline reckless.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 16, 2015, 08:35:58 pm
@Ander go short on ETH on Poloniex..I am shorting  it and buying all the BTS with margin on Poloniex..Let's pump BTS and short sell ETH to see what happens..

I haven't traded on Poloniex for over a year now..It's fun..especially when you don't care about a coin and you can short it with leverage like ETH..
I am hoping BTS 2 to be like Poloniex..Everything is so clear and easy

Ummm are you trying to blow up your account?  What you're  doing is risky, borderline reckless.

I don't think so mate...Fundamentals say ETH @ $30-$40 mil market cap soon and BTS @ min $30-$40 mil market cap soon..I don't think that an alpha project like ETH without GUI should be more valuable than BTS which within next month will launch v2.. Wait and see what happens when ETH IPO start dumping..I know it is difficult to believe but same thing happened unfortunately to BTS a year ago..
Most people supporting blindly BTS (my self) didn't see it coming and hodl..I expect same thing to happen to ETH soon and people who think that ETH will surpass bitcoin anytime soon will be faced to a tough reality..

Ofcourse with crypto one can never know and things happen often without any logic.. So I may blow my account soon as you say..It won't be the first not the last time..lol...
Title: Re: Bitshares price discussion
Post by: Ander on August 16, 2015, 08:37:45 pm
@Ander go short on ETH on Poloniex..I am shorting  it and buying all the BTS with margin on Poloniex..Let's pump BTS and short sell ETH to see what happens..

I haven't traded on Poloniex for over a year now..It's fun..especially when you don't care about a coin and you can short it with leverage like ETH..
I am hoping BTS 2 to be like Poloniex..Everything is so clear and easy

Ummm are you trying to blow up your account?  What you're  doing is risky, borderline reckless.

Yeah that is pretty risky, it might work but it might blow up on your face.  I hate being on margin, when I shorted ETH yesterday it was only a small amount.
There have been many price spikes this week in ETH due to people getting margin called on both the long and short side.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 16, 2015, 09:09:19 pm
"A market can stay irrational longer than you can stay solvent"

"There are old traders, there are bold traders, but there are no old bold traders"

Review those quotes. Trading on margin, especially on the short side in crypto, can blow you up faster than any other investment.
Title: Re: Bitshares price discussion
Post by: Ander on August 17, 2015, 12:25:15 am
Ended up selling at .0058 for a small gain.  I dont have any idea how long this bounce will last.
Title: Re: Bitshares price discussion
Post by: topcandle on August 17, 2015, 12:36:18 am
Ended up selling at .0058 for a small gain.  I dont have any idea how long this bounce will last.

I thought you said the bear decline was in reversal.....?  Changing your tune now?
Title: Re: Bitshares price discussion
Post by: Ander on August 17, 2015, 12:41:05 am
Ended up selling at .0058 for a small gain.  I dont have any idea how long this bounce will last.

I thought you said the bear decline was in reversal.....?  Changing your tune now?

I was just trading it short term for a bounce, that happened, and now I'm not sure so I'm out.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 17, 2015, 01:09:05 am
Ended up selling at .0058 for a small gain.  I dont have any idea how long this bounce will last.

I thought you said the bear decline was in reversal.....?  Changing your tune now?

I was just trading it short term for a bounce, that happened, and now I'm not sure so I'm out.

I am no trader by any stretch of an imagination.. but I follow the markets everyday.. what I have seen is basically since Eth started trading all the action has moved there due to the volume depth and thus opportunities to make money.

Until BitShares reaches similar depth if not at least 5x its current depth after 2.0 comes out I don't think any theories about where it is coming or going are going to have any impact.

I would not bet on any price increases until we get closer to sharedrop periods and/or 2.0 launch.

My 2 brownies.
Title: Re: Bitshares price discussion
Post by: Ander on August 17, 2015, 03:23:00 am
Shorted a little bit of ETH again at .00590.   
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 17, 2015, 08:06:41 am
shorting ETH yesterday didn't work as planned after all.. :(.. I got margin called and busted my account...
oh well... Some things never change...
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 17, 2015, 02:17:30 pm
shorting ETH yesterday didn't work as planned after all.. :(.. I got margin called and busted my account...
oh well... Some things never change...

I shorted at 0.0056 but without a lot of leverage, so I can handle a big swing. So far so good.
Title: Re: Bitshares price discussion
Post by: Ander on August 17, 2015, 04:08:26 pm
Covered my short in low .005s for a .2 btc gain. 
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 17, 2015, 04:14:22 pm
enough with Ethereum...Can we please start supporting BTS now for a change..We have lost 90% of our value already. It is time to get this back to where it belongs..x10.. so please let's all start buying some BTS. I have already sold my car when we firstt broke $15 mil and I am travelling with public transportation for a while now in order to buy some BTS..I need a new car sooner or later... :)
Title: Re: Bitshares price discussion
Post by: Ander on August 17, 2015, 05:02:53 pm
shorting ETH yesterday didn't work as planned after all.. :(.. I got margin called and busted my account...
oh well... Some things never change...

:(

I made sure to keep my margin call level above .02, so ETH would have to go up like 200-300% to hit it (and I would cover at some point well before that happened).  Just small positions for me. 
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 17, 2015, 06:04:02 pm
shorting ETH yesterday didn't work as planned after all.. :(.. I got margin called and busted my account...
oh well... Some things never change...

:(

I made sure to keep my margin call level above .02, so ETH would have to go up like 200-300% to hit it (and I would cover at some point well before that happened).  Just small positions for me.

mf-tzo,

Did you really blow your account with a move that small?  Your whole thesis for the short was that ETH was fundamentally overvalued and bts was fundamentally undervalued.  Did you not account for some slight market gyrations?

I was worried you would blow yourself up if ethereum went to 150 or 200 million, not  85 or 90 million.  I'm not here to tell anyone how to trade their own money.  What I find troubling though is that you are asking other forum members to follow you in on your trade.  Hopefully most people have their own trading and risk management strategies, but I would not be surprised if some newbies did follow what you were doing.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 17, 2015, 06:47:34 pm
ok let me make it a bit more clear...When I said busted my account I meant my Poloniex trading and I was talking about the 0.5 btc that i sent there to do some trading shorting ethereum and going long on BTS with leverage.. I got margin called when I went to sleep on my positions and lost 0.25 BTC overall which I am trying to recover today. So far by doing exactly the same thing as yesterday I recovered 0.05 BTC so total loss is 0.2 BTC..

At this point though I don't think I will play anymore with ethereum since I really don't know where it can go..

My logic says that eventually BTS and ETH will have a very close market cap. But if no one is supporting BTS price anymore especially with the coming v2 and we just only Pump BTS 1 week before the actual release then I would say that BTS will be no different from anything else..Just pump the news and then dump..So the market will not care to learn about BTS if we are not doing anything different than others..

So that was a call to you guys to start buying and actually supporting BTS instead of talking about the market cap of ETH and where it will go.
Title: Re: Bitshares price discussion
Post by: Ander on August 17, 2015, 10:13:16 pm
Bought some ETH at .00461
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 17, 2015, 10:20:13 pm
Bought some ETH at .00461

I shorted earlier then re-shorted but with more leverage and closed it at .00461 for a nice profit.

I shorted again but with no leverage. I think it will decline over the rest of the week but could be volatile inbetween. Is my guess.
Title: Re: Bitshares price discussion
Post by: Ander on August 17, 2015, 10:23:11 pm
So that was a call to you guys to start buying and actually supporting BTS instead of talking about the market cap of ETH and where it will go.

I support BTS as much as I can.  I'm not going to margin long all-in BTS and get my account rekt though, the dump that followed when I got liquidated would be unhelpful to BTS. :P

What I am going to do is continue to try to make small gains trading ETH and other things, and put the profits into BTS like I've been doing.
Title: Re: Bitshares price discussion
Post by: Ander on August 18, 2015, 08:24:24 am
Bought some ETH at .00461

And bought more at .0044-.0045.  I think it needs to bounce at this point.  But this isnt a long term buy or anything, just playing for a bounce.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 18, 2015, 01:34:26 pm
Bought some ETH at .00461

And bought more at .0044-.0045.  I think it needs to bounce at this point.  But this isnt a long term buy or anything, just playing for a bounce.

I think it could be due a bounce.

However I am still seeing circa 50k ETH being added to sell orders each day on Poloniex without buy orders increasing so I think that incoming supply eventually has to push down the price unless there's a new reason for fresh demand this week.
Title: Re: Bitshares price discussion
Post by: lakerta06 on August 18, 2015, 01:56:32 pm
I dont want to look like a smartass but the title says "Bitshares price discussion" not Ethereum  :(
Title: Re: Bitshares price discussion
Post by: Ander on August 18, 2015, 04:33:31 pm
I dont want to look like a smartass but the title says "Bitshares price discussion" not Ethereum  :(

Sorry. :P

Moving to the ETH thread now.


Re: bitshares price: in the 1600s satoshis is always a buy, that has always been our strongest support level.  Gonna buy more new BTS once I take profits on my ETH. :)
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 18, 2015, 05:06:50 pm
I always thought and still think that BTS is a strong buy @ 2900 satoshis but that is what destroyed me really...

By the way in Poloniex there is big wall of BTS @1650 now of 24 btc..Is this for real or are these bots traps? Anyone cares to dump to see if it is for real?lol..
Title: Re: Bitshares price discussion
Post by: Ander on August 18, 2015, 05:17:08 pm
I always thought and still think that BTS is a strong buy @ 2900 satoshis but that is what destroyed me really...
Me too, and its sad that it dropped from there.

Quote
By the way in Poloniex there is big wall of BTS @1650 now of 24 btc..Is this for real or are these bots traps? Anyone cares to dump to see if it is for real?lol..

The buy wall at 1650 is real, this isnt ETH.  People trading BTS generally actually want to buy or sell when they put up an order.
Title: Re: Bitshares price discussion
Post by: betax on August 18, 2015, 05:19:25 pm
I always thought and still think that BTS is a strong buy @ 2900 satoshis but that is what destroyed me really...

Many people thought the same :( I did.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 18, 2015, 05:42:54 pm
The question is what are you going to do next time you see it @2900 satoshis?
I always felt that BTS should be on 1st - 2nd place ...Hopefully we will get there..we are still in the very very beginning of this trip..I am trying to educate well educated people who are doing day trading and know economics about crypto and bitshares and still most people don't get it...Give it a couple years..
We are in the pacman and arcanoid era now..
 
Title: Re: Bitshares price discussion
Post by: Ander on August 18, 2015, 11:41:02 pm
Bitcoin crashing hard!
Title: Re: Bitshares price discussion
Post by: Akado on August 18, 2015, 11:47:24 pm
Bitcoin crashing hard!

And the buyers emerge victorious again  8)
Title: Re: Bitshares price discussion
Post by: Ander on August 18, 2015, 11:48:03 pm
Omg bitcoin crashing!!!!!!!!!  205 on finex!
Title: Re: Bitshares price discussion
Post by: Ander on August 18, 2015, 11:50:18 pm
omg it touched 166
Title: Re: Bitshares price discussion
Post by: Akado on August 19, 2015, 12:15:16 am
China is waking up to see this madness. Interesting to see.
Title: Re: Bitshares price discussion
Post by: kenCode on August 20, 2015, 10:04:25 am
Man this is an exciting time. We are now counting the weeks, maybe days until BitShares is discovered by the masses. :o
 
To all you newbies reading this... just imagine..
If you buy 10,000 BTS right now (~$40 at https://www.ccedk.com/signup), if the BTS price hits $1 then your BTS are worth $10,000.
 
CCEDK makes it super easy, all you have to do is open an account, wire some fiat into your account, then "Instant Order" into some BTS and withdraw it to your wallet, done.
 
If you're not buying BTS right now, you're definitely not paying attention.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 20, 2015, 11:33:10 am
omg..there is just no bottom for bitshares anymore.. Are we going up anytime soon or we are going to collapse and follow bitcoin's failure..
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 20, 2015, 11:40:03 am
It's funny looking on cmc right now and seeing everyone in the top 10 up 2% or more over the last 24 hrs, but Bitshares is down 6%
Title: Re: Bitshares price discussion
Post by: bitmeat on August 20, 2015, 12:14:11 pm
Man this is an exciting time. We are now counting the weeks, maybe days until BitShares is discovered by the masses. :o
 
To all you newbies reading this... just imagine..
If you buy 10,000 BTS right now (~$40 at https://www.ccedk.com/signup), if the BTS price hits $1 then your BTS are worth $10,000.
 
CCEDK makes it super easy, all you have to do is open an account, wire some fiat into your account, then "Instant Order" into some BTS and withdraw it to your wallet, done.
 
If you're not buying BTS right now, you're definitely not paying attention.

First it has to get to $0.01 and at least stabilize around that level.
Title: Re: Bitshares price discussion
Post by: liondani on August 20, 2015, 12:17:41 pm
It's funny looking on cmc right now and seeing everyone in the top 10 up 2% or more over the last 24 hrs, but Bitshares is down 6%

something must be really wrong with the project!
Can somebody explain it?
I am definitely lucking to give a logical explanation...
Even crap coins have more support right now.
Is it just a matter of... trust? I can't think anything else...
Title: Re: Bitshares price discussion
Post by: Akado on August 20, 2015, 12:26:09 pm
It's funny looking on cmc right now and seeing everyone in the top 10 up 2% or more over the last 24 hrs, but Bitshares is down 6%

something must be really wrong with the project!
Can somebody explain it?
I am definitely lucking to give a logical explanation...
Even crap coins have more support right now.
Is it just a matter of... trust? I can't think anything else...

Maybe just accumulation phase before 2.0 is released? Even if people are not sold on BitShares, a good and opportunist pump and dumper would see this as an opportunity to get some gains, given that we are one of the top cryptos and has an all time high of ~$0.05. It probably won't even go near that but people interested in a quick buck could probably see this like a good opportunity, even if they don't care about BitShares at all
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 20, 2015, 12:41:46 pm
I think what you are seeing is just where money can be made 'today' on trades.. whereas in our ecosystem because of the pending 2.0 there isn't the same swings and volume as they can get across all the others.

I don't think this has anything to do with fundamentals.. it's just the money following money... and this drive down in price I think is really so a huge uptake can take place...

Doesn't anybody not recall a pending announcement with a real bank? If I had the money to drive down BTS pending that announcement so I could create a upswing after that I would.

Disclaimer: I am not a trader by any stretch of the imagination.. I am just like most of you here talking out of my ass with an opinion because the forum lets me. :P
Title: Re: Bitshares price discussion
Post by: openledger on August 20, 2015, 01:26:49 pm
It's funny looking on cmc right now and seeing everyone in the top 10 up 2% or more over the last 24 hrs, but Bitshares is down 6%

Did you not notice that Bithares as one of the few and perhaps even one of the few times allover even for bitshares went up in price when bitcoin went down yesterday. Bitshares would have nomally followed bitcoin down like the rest but instead it went up and is partly the reason why it still staying above 1600.

When BTC went up today, bts went down, which it has done it seems every single time, but the reaction yesterday tells me that bts is getting stronger and a good sign towards the upcoming launch
Title: Re: Bitshares price discussion
Post by: chryspano on August 20, 2015, 01:40:46 pm
AFAIK there is no price manipulation in the crypto world.(lol)

We should all sell our crappy and useles bts and buy litecoins and dogecoins and catcoins like all real men do!!!

Take a look at all that innovation out there!!!!!

(http://i.imgur.com/reQ3WKx.jpg)
http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

What do we have to offer compared to them?

There are rumors that litecoin will offer 10% more lumens in a slightly more "bluish" color!! now that's what I call innovation!!!


Title: Re: Bitshares price discussion
Post by: luckybit on August 20, 2015, 01:53:16 pm
It's funny looking on cmc right now and seeing everyone in the top 10 up 2% or more over the last 24 hrs, but Bitshares is down 6%

Did you not notice that Bithares as one of the few and perhaps even one of the few times allover even for bitshares went up in price when bitcoin went down yesterday. Bitshares would have nomally followed bitcoin down like the rest but instead it went up and is partly the reason why it still staying above 1600.

When BTC went up today, bts went down, which it has done it seems every single time, but the reaction yesterday tells me that bts is getting stronger and a good sign towards the upcoming launch

1600 seems to be the current floor. All of the price moves are predictable though, it was pumped up on the announcement of Bitshares 2.0 and now it's back to where it was prior to the announcement.

Title: Re: Bitshares price discussion
Post by: liondani on August 20, 2015, 01:56:51 pm
It's funny looking on cmc right now and seeing everyone in the top 10 up 2% or more over the last 24 hrs, but Bitshares is down 6%

Did you not notice that Bithares as one of the few and perhaps even one of the few times allover even for bitshares went up in price when bitcoin went down yesterday. Bitshares would have nomally followed bitcoin down like the rest but instead it went up and is partly the reason why it still staying above 1600.

When BTC went up today, bts went down, which it has done it seems every single time, but the reaction yesterday tells me that bts is getting stronger and a good sign towards the upcoming launch

good point, I like your analysis and I tend to agree looking it from that perspective   ;)
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 20, 2015, 02:04:22 pm
I imagine the price is going to just keep swinging around aimlessly at these levels until we get word of a serious, concrete time for BTS 2.0 launch. It all seems so up in the air right now; for all we know the launch could be delayed for months or into 2016. As soon as a date is set and we approach it you can pretty much guarantee there will be hype/price rise/excitement.

...so if you're smart, you'd be buying now, while the market is still uncertain. Obviously more risky than buying after knowing the BTS 2.0 launch is set in stone, but I trust Dan and co to pull through.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 20, 2015, 02:39:40 pm
the only problem is that some of us just don't have any money to invest in anything anymore..

I wish I have sold some BTS when we had decent market caps so I could have some funds to invest now and buy back x5 my original stake..I don't mind if it takes 1 month to launch or 5 more years BTS to reach its potential. I am just frustrated that new comers can just buy BTS at these levels when long term bagholders like my self bought them x5-6 of current prices and kept them (PTS, BTS) for the last 2 years..I mean keeping something for so long and supporting it should somehow be rewarding but instead the market punished us.. I know life is unfair and everyone is responsible for his actions..

So a word of advice for the new money here: Now is your chance to get a very nice piece of the pie.

and something for people who sold at high levels : Don't be too greedy. Don't kill the price so you can accumulate more and more. Start supporting the prices again before BTS goes to the levels of the abyss and there is no coming back from there..

Title: Re: Bitshares price discussion
Post by: Ander on August 20, 2015, 05:39:36 pm
Man, how is BTS under 1700?   I gotta keep making trading money and buying it. :P
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 20, 2015, 06:22:25 pm
About to get passed by stellar to fall to 11
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 20, 2015, 06:37:02 pm
I have noticed a new coin in coinmarketcap called helleniccoin shooting up. Apparently this will save Greece from capital controls and it will save the Greek economy..lolololol...
If for any reason this coin surpasses bitshares in market cap then this will be the end for me. I will sell all my bts at once go buy a coffee and never look back at any crypto..
Title: Re: Bitshares price discussion
Post by: Ander on August 20, 2015, 06:39:14 pm
I have noticed a new coin in coinmarketcap called helleniccoin shooting up. Apparently this will save Greece from capital controls and it will save the Greek economy..lolololol...

So its Auroracoin 2.0?

[/quote]
If for any reason this coin surpasses bitshares in market cap then this will be the end for me. I will sell all my bts at once go buy a coffee and never look back at any crypto..
[/quote]

Auroracoin 1.0 was once worth hundreds of millions.  Did that make you want to sell all your bitshares?
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 20, 2015, 06:54:18 pm
If I recall correctly there were not bitshares when aurora coin shoot up..That was a period when a lot of country coins were out and some shoot up.
Aphrodite coin (Cyprus coin) shoot up also something like $100 mil for a couple of days. And yes I was thinking how stupid I was for not riding those pumps and kept other most respectable coins

I am keeping BTS and only BTS for a very long time now because I genuinely believe in this project. But if now we are going back to the fashion of country coins and I start seeing country coins surpassing BTS I will be so disappointing about the cryptocurrency mentality of the investors and traders that I think I will just leave out of this ecosystem and never look back.. 

That is why we all need to start supporting BTS price. We should never allow shitty coins surpassing our market cap..
Title: Re: Bitshares price discussion
Post by: openledger on August 20, 2015, 07:09:08 pm
the only problem is that some of us just don't have any money to invest in anything anymore..

I wish I have sold some BTS when we had decent market caps so I could have some funds to invest now and buy back x5 my original stake..I don't mind if it takes 1 month to launch or 5 more years BTS to reach its potential. I am just frustrated that new comers can just buy BTS at these levels when long term bagholders like my self bought them x5-6 of current prices and kept them (PTS, BTS) for the last 2 years..I mean keeping something for so long and supporting it should somehow be rewarding but instead the market punished us.. I know life is unfair and everyone is responsible for his actions..

So a word of advice for the new money here: Now is your chance to get a very nice piece of the pie.

and something for people who sold at high levels : Don't be too greedy. Don't kill the price so you can accumulate more and more. Start supporting the prices again before BTS goes to the levels of the abyss and there is no coming back from there..

dont worry so much @mf-tzo when price is around 0,08 USD end of year, I think you wont think of how much you paid, but more about what to buy for it all. I have a feeling christmas wont come early this, but when it comes there will be presents for all who believed in Bitshares ;) :)
Title: Re: Bitshares price discussion
Post by: kenCode on August 20, 2015, 07:16:21 pm
Seriously, stop watching cmc ever day. Look at the technology behind BitShares vs all the rest. Even without 2.0 we've got'm beat.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 20, 2015, 07:24:59 pm
let me just take the opportunity and say @ kencode and ccedk that I like you a lot both of you and you guys definitely deserve a lot of Brownies. You are both doing a great job promoting BTS and re instate lost confidence when the price tanks..so thanks! :)
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 20, 2015, 07:25:21 pm
Seriously, stop watching cmc ever day. Look at the technology behind BitShares vs all the rest. Even without 2.0 we've got'm beat.

^This... but I know sometimes is fun to be Chicken Little.. and scream the sky is falling. :) It sort of fits into many peoples mindset here for what first attracted them to BitShares.. so it's natural.

It's always the darkest hour before the break of dawn.. press on to meet the 2.0 dawn. ;)
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 20, 2015, 07:29:59 pm
I'm still trying to figure out how only 6 days ago BTS had a market cap of $13.5 million, and today a cap of $9.8 million. What changed in the span of 6 days to cause a 27.5% drop? Other than bitcoin crashing a bit I guess...

My only answer is that the markets are just too thin and unreasonable right now. Nothing's changed fundamentally over the course of 6 days, and the BTS 2.0 launch still seems to be on track. Just seems to be people riding the trends.
Title: Re: Bitshares price discussion
Post by: Ander on August 20, 2015, 08:25:36 pm
I'm still trying to figure out how only 6 days ago BTS had a market cap of $13.5 million, and today a cap of $9.8 million. What changed in the span of 6 days to cause a 27.5% drop? Other than bitcoin crashing a bit I guess...

Also everyone is obsessed with Ethereum.
Title: Re: Bitshares price discussion
Post by: Ander on August 20, 2015, 10:38:43 pm
There are people shorting BTS right now on polo.  I've got more than 100k out on loan now. 

People are paying my free BTS for the privilege of getting margin called when this goes back up, love it. ;)
Title: Re: Bitshares price discussion
Post by: xeroc on August 21, 2015, 05:57:28 am
There are people shorting BTS right now on polo.  I've got more than 100k out on loan now. 

People are paying my free BTS for the privilege of getting margin called when this goes back up, love it. ;)
lol

what an awesome strategy .. +1
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 21, 2015, 09:57:47 am
indeed awesome. I didn't know I could do this..On the other side don't you think is a bit dangerous to have more than 100k BTS in a centralized exchange? I have done the same with my 30k bts and still I don't feel very comfortably leaving my precious there..

on another note Hellenic coin dropped today in place 142 in cmc..lol..so confidence in crypto has been restored...
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 21, 2015, 10:11:05 am
indeed awesome. I didn't know I could do this..On the other side don't you think is a bit dangerous to have more than 100k BTS in a centralized exchange? I have done the same with my 30k bts and still I don't feel very comfortably leaving my precious there..

Yup, I would love to be able to do this within BitShares. No way am I going to trust a third party exchange with my babies.
Title: Re: Bitshares price discussion
Post by: betax on August 21, 2015, 11:27:19 am
Yes I was thinking about doing exactly the same... but remember the issues that had poloniex  a while ago.
Title: Re: Bitshares price discussion
Post by: topcandle on August 21, 2015, 03:04:59 pm
The price is dropping because of the sharedrop for Brownie Points.  Its as if your saying, we think 20% of the value of this DAC belongs to my funny money.  So as a result, Bitshares is dropping downwards to met the value of Brownie Points. 
Title: Re: Bitshares price discussion
Post by: luckybit on August 21, 2015, 03:24:12 pm
indeed awesome. I didn't know I could do this..On the other side don't you think is a bit dangerous to have more than 100k BTS in a centralized exchange? I have done the same with my 30k bts and still I don't feel very comfortably leaving my precious there..

on another note Hellenic coin dropped today in place 142 in cmc..lol..so confidence in crypto has been restored...

I personally would not sell a single BTS at these prices. I cannot imagine why anyone would think of cashing out into USD unless they are desperate for money.

This is the accumulation phase we are in. We should be grateful for these low prices because this allows us to become whales. Someone is going to accumulate over 10 million BTS and how much will that be worth when the price is 10 cents? On top of that Bitshares 2.0 will be so useful that even at 10 cents it might be the best place to speculate and to park wealth.

Personally, I wouldn't even think about selling when the price is below 50 cents, and possibly over $1.  Bitshares could go for $1 each if the market cap reaches a few billion which is actually quite trivial if some of the Forex money comes in. Bitshares 2.0 has to prove itself by showing it really can do 100,000 tps, and it has to find ways to make use of the liquidity if people want to put it in.

Bitcoin cannot accept the liquidity because of the low scalability. Bitshares 2.0 should be able to accept the liquidity in the billions easily. It could accept that right now, with 0.9, so 2.0 the sky is the limit. Bitshares 2.0 might take some time to mature but once volume goes up it will become incredibly useful and there is nothing else like it. Also it cannot be ported to Ethereum 1.0 because Ethereum can't handle it yet.

This means for possibly over a year Bitshares 2.0 should have free reign to find it's niche and mature. Bitshares 2.5 could be developed during this time and perhaps integrate with Medici if Overstock allows.
Title: Re: Bitshares price discussion
Post by: topcandle on August 21, 2015, 03:36:29 pm
Why can't ethereum handle bitshares right now?  What are the technical challenges?
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 21, 2015, 04:33:13 pm
indeed awesome. I didn't know I could do this..On the other side don't you think is a bit dangerous to have more than 100k BTS in a centralized exchange? I have done the same with my 30k bts and still I don't feel very comfortably leaving my precious there..

on another note Hellenic coin dropped today in place 142 in cmc..lol..so confidence in crypto has been restored...

I personally would not sell a single BTS at these prices. I cannot imagine why anyone would think of cashing out into USD unless they are desperate for money.

This is the accumulation phase we are in. We should be grateful for these low prices because this allows us to become whales. Someone is going to accumulate over 10 million BTS and how much will that be worth when the price is 10 cents? On top of that Bitshares 2.0 will be so useful that even at 10 cents it might be the best place to speculate and to park wealth.

Personally, I wouldn't even think about selling when the price is below 50 cents, and possibly over $1.  Bitshares could go for $1 each if the market cap reaches a few billion which is actually quite trivial if some of the Forex money comes in. Bitshares 2.0 has to prove itself by showing it really can do 100,000 tps, and it has to find ways to make use of the liquidity if people want to put it in.

Bitcoin cannot accept the liquidity because of the low scalability. Bitshares 2.0 should be able to accept the liquidity in the billions easily. It could accept that right now, with 0.9, so 2.0 the sky is the limit. Bitshares 2.0 might take some time to mature but once volume goes up it will become incredibly useful and there is nothing else like it. Also it cannot be ported to Ethereum 1.0 because Ethereum can't handle it yet.

This means for possibly over a year Bitshares 2.0 should have free reign to find it's niche and mature. Bitshares 2.5 could be developed during this time and perhaps integrate with Medici if Overstock allows.

lol..who said anything about selling BTS at these levels? I didn't sell when it was $80 mil market cap I am not that crazy to sell now...
The question was whether we should loan these bts to poloniex traders who want to margin trade and we earn some interest on our BTS. After thinking about it I have personally moved those BTS away from Polo and bought some cheap Brownies...Not sure if this was the right choice (maybe I should just keep my BTS) but BMs "appreciation" is always good to have from my point of view and definitely is worth more than a small BTS interest from Poloniex traders.
Another solution would be to use them as collateral to short bitassets which also most probably will be more worthy than a small interest from Polo but this involves more risk which I cannot afford right now anymore..
Title: Re: Bitshares price discussion
Post by: topcandle on August 21, 2015, 04:42:42 pm


After thinking about it I have personally moved those BTS away from Polo and bought some cheap Brownies...


[/quote]

EZACTLY MY POINT!  Brownies are cheap and are cheapening the value of Bitshares.   Your selling BTS for Brownies meaning that BTS is losing its value because of the Brownies. 
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 21, 2015, 04:49:15 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 21, 2015, 04:59:11 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

^^ This.. I know a number of people who have gotten brownie points who almost immediately sold them off for BTS :) ... they were super excited at how much they got for them too.

I think suggesting that a UIA is driving down BTS value is really reaching.

This is all being done on purpose.. we are going to see this likely for the next month.

DISCLAIMER: Not a trader.. just stating my 2 brownies worth. :)
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 21, 2015, 05:05:04 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?
Title: Re: Bitshares price discussion
Post by: topcandle on August 21, 2015, 05:29:20 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?

Like Augur?
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 21, 2015, 05:41:47 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?

Like Augur?

Maybe.

Graphene is a far superior platform but if Ethereum continues gaining popularity and network effect I wonder if there wouldn't be more incentive for CNX to build on top of Ethereum?

They might be able to raise a few million dollars with an Augur-style crowdfund and also have a larger market of customers.
Title: Re: Bitshares price discussion
Post by: Portabello75 on August 21, 2015, 06:57:05 pm
Still learning about Bitshares but feel like it's both technically (from a trading standpoint) and fundamentally (from a project and news standpoint) undervalued right now and just purchased 1 million on Poloniex with a 0.000017 average (Cashed out a minor part of my Ether crowdsale holdings). Just wanted to say hi here and will be following the thread.
Title: Re: Bitshares price discussion
Post by: Portabello75 on August 21, 2015, 06:58:45 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

What are Brownies? Sorry, noob.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 21, 2015, 07:06:24 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

What are Brownies? Sorry, noob.

The founder and lead developer on BitShares recently started Brownies to reward people for their contributions.

https://bitsharestalk.org/index.php/topic,17354.0.html

They were recently given 20% equity in a new venture called IDentabit

https://bitsharestalk.org/index.php/board,96.0.html   (Active BS community allocation)

There's speculation they may be awarded equity in CNX - a separate company recently set up by the developers that owns the rights to the new platform, Graphene,  that is being released on BitShares in the next few months.

You can also purchase Brownies in the wallet, but they are subject to dilution at any time & possible confiscation if the lead developer doesn't like you/your actions because they're kind of his personal reward tokens.

Personally I'm not a fan.
Title: Re: Bitshares price discussion
Post by: topcandle on August 21, 2015, 07:19:16 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?

Like Augur?

Maybe.

Graphene is a far superior platform but if Ethereum continues gaining popularity and network effect I wonder if there wouldn't be more incentive for CNX to build on top of Ethereum?

They might be able to raise a few million dollars with an Augur-style crowdfund and also have a larger market of customers.

That makes no sense.  Why do you need Bitshares on Ethereum if you have Augur?
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 21, 2015, 07:21:46 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?

Like Augur?

Maybe.

Graphene is a far superior platform but if Ethereum continues gaining popularity and network effect I wonder if there wouldn't be more incentive for CNX to build on top of Ethereum?

They might be able to raise a few million dollars with an Augur-style crowdfund and also have a larger market of customers.

That makes no sense.  Why do you need Bitshares on Ethereum if you have Augur?

 I don't follow Ethereum much but I thought Augur was just a prediction market.

CNX may want to put their own version of BitAssets onto Ethereum for example, like Rune is trying to do. Or perhaps a bond market.

The point is that if Ethereum gets the network effect then a company made up of talented developers like CNX who's interests aren't directly aligned with BTS may want to build profitable Apps on Ethereum.
Title: Re: Bitshares price discussion
Post by: Akado on August 21, 2015, 07:33:33 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?

Like Augur?

Maybe.

Graphene is a far superior platform but if Ethereum continues gaining popularity and network effect I wonder if there wouldn't be more incentive for CNX to build on top of Ethereum?

They might be able to raise a few million dollars with an Augur-style crowdfund and also have a larger market of customers.

That makes no sense.  Why do you need Bitshares on Ethereum if you have Augur?

 I don't follow Ethereum much but I thought Augur was just a prediction market.

CNX may want to put their own version of BitAssets onto Ethereum for example, like Rune is trying to do. Or perhaps a bond market.

The point is that if Ethereum gets the network effect then a company made up of talented developers like CNX who's interests aren't directly aligned with BTS may want to build profitable Apps on Ethereum.

And all the time they spent on BitShares would go to waste as they would give in to the competition? I mean, it's a possible scenario, I just don't see it happen. Not that soon at least. If they stayed by BitShares up until now, they won't go away that easily. But that's just me, who some could call naive, but I feel I can trust the devs. The current ones.
Title: Re: Bitshares price discussion
Post by: dannotestein on August 21, 2015, 07:39:30 pm
Still learning about Bitshares but feel like it's both technically (from a trading standpoint) and fundamentally (from a project and news standpoint) undervalued right now and just purchased 1 million on Poloniex with a 0.000017 average (Cashed out a minor part of my Ether crowdsale holdings). Just wanted to say hi here and will be following the thread.
If you want to buy a lot of BTS, our site BlockTrades probably can get you better prices, and it's much safer than trading on a centralized exchange (your money doesn't sit for long outside of your wallet). See the link below in my signature...
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 21, 2015, 07:39:38 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?

Like Augur?

Maybe.

Graphene is a far superior platform but if Ethereum continues gaining popularity and network effect I wonder if there wouldn't be more incentive for CNX to build on top of Ethereum?

They might be able to raise a few million dollars with an Augur-style crowdfund and also have a larger market of customers.

That makes no sense.  Why do you need Bitshares on Ethereum if you have Augur?

 I don't follow Ethereum much but I thought Augur was just a prediction market.

CNX may want to put their own version of BitAssets onto Ethereum for example, like Rune is trying to do. Or perhaps a bond market.

The point is that if Ethereum gets the network effect then a company made up of talented developers like CNX who's interests aren't directly aligned with BTS may want to build profitable Apps on Ethereum.

And all the time they spent on BitShares would go to waste as they would give in to the competition? I mean, it's a possible scenario, I just don't see it happen. Not that soon at least. If they stayed by BitShares up until now, they won't go away that easily. But that's just me, who some could call naive, but I feel I can trust the devs. The current ones.

Hmm... Yes I think you're right, it's extremely unlikely that they would already consider that angle/outcome. I'm just surprised that there seems to be a lot of heavy BTS selling atm.
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 21, 2015, 07:46:40 pm
I'm just surprised that there seems to be a lot of heavy BTS selling atm.

It is surprising, but makes sense when you realize this is the accumulation phase (as luckybit pointed out)...it's pretty much a no-brainer that BTS is going to be worth more come closer to launch, so this would be an obvious time to build up a nice healthy stash before everyone else starts clamoring for BTS.
Title: Re: Bitshares price discussion
Post by: Ander on August 21, 2015, 07:48:12 pm
What are the odds the selling is from large CNX holders and they plan to announce an Ethereum App in the next few months?

Like Augur?

Maybe.

Graphene is a far superior platform but if Ethereum continues gaining popularity and network effect I wonder if there wouldn't be more incentive for CNX to build on top of Ethereum?

They might be able to raise a few million dollars with an Augur-style crowdfund and also have a larger market of customers.

That makes no sense.  Why do you need Bitshares on Ethereum if you have Augur?

 I don't follow Ethereum much but I thought Augur was just a prediction market.

CNX may want to put their own version of BitAssets onto Ethereum for example, like Rune is trying to do. Or perhaps a bond market.

The point is that if Ethereum gets the network effect then a company made up of talented developers like CNX who's interests aren't directly aligned with BTS may want to build profitable Apps on Ethereum.

And all the time they spent on BitShares would go to waste as they would give in to the competition? I mean, it's a possible scenario, I just don't see it happen. Not that soon at least. If they stayed by BitShares up until now, they won't go away that easily. But that's just me, who some could call naive, but I feel I can trust the devs. The current ones.

Hmm... Yes I think you're right, it's extremely unlikely that they would already consider that angle/outcome. I'm just surprised that there seems to be a lot of heavy BTS selling atm.

I agree that CNX is not going to abandon bitshares.

However, *the market* currently thinks there is a high chance that CNX is abandoning bitshares, thats why the price is down from over .05 CNY when the BTS 2.0 announcement came out, to .025 now.  Basically pricing in a 50% chance of 'devs are going to screw over all their investors and leave'. 


Until 2.0 actually releases, the market sees it as vaporware.  If the devs can actually get it out, everything is going to change.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 22, 2015, 06:25:17 am
I agree that CNX is not going to abandon bitshares.

However, *the market* currently thinks there is a high chance that CNX is abandoning bitshares, thats why the price is down from over .05 CNY when the BTS 2.0 announcement came out, to .025 now.  Basically pricing in a 50% chance of 'devs are going to screw over all their investors and leave'. 


Until 2.0 actually releases, the market sees it as vaporware.  If the devs can actually get it out, everything is going to change.

The *market* doesn't seem to believe any of the announcements from 3rd parties who are building their entire businesses models on BitShares?

What evidence is there of BitShares being abandoned in any way?

Oh wait I get it.. you crafty devils.. trying to drive the price down more feeding the FUD so you can buy more cheap. :)
Title: Re: Bitshares price discussion
Post by: liondani on August 22, 2015, 08:44:19 am
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

Can somebody explain me why Brownies supply went from 8.2 millions to 9.2 millions this week?  I thought  bytemaster had stated before a week (hangout) that he had no intentions to dilute brownies (at least not for now).   Could it be one of the reason's we are one a downtrend? I mean how can somebody take seriously "statements" that after a week are practically taken back?

PS maybe they dump brownies because  the unexpected +1Million brownies dilution?
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 22, 2015, 12:00:57 pm
I can't believe it, but we're actually approaching our all time low of 0.0198 CNY. I imagine there should be quite a damn bit of resistance there...so anyone selling at this point is mad.

Final shakeout before the storm?
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 22, 2015, 12:13:36 pm
If I had more money to invest I would by a whole truck full of bts at these prices. I found it crazy that there is not a higher, stronger buyer wall.
With bts 2.0 about to launch it's the perfect time to buy.
Title: Re: Bitshares price discussion
Post by: Akado on August 22, 2015, 12:58:16 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

Can somebody explain me why Brownies supply went from 8.2 millions to 9.2 millions this week?  I thought  bytemaster had stated before a week (hangout) that he had no intentions to dilute brownies (at least not for now).   Could it be one of the reason's we are one a downtrend? I mean how can somebody take seriously "statements" that after a week are practically taken back?

PS maybe they dump brownies because  the unexpected +1Million brownies dilution?

It's a UIA, susceptible to changes so expect that. Also I believe - although I don't have anything to back this up - that most people don't even know about the existence of brownies. Only who hangs around in the forums and I think that doesn't represent a significant piece of BitShares stakeholders at all, there should be lots of other people out there.
Title: Re: Bitshares price discussion
Post by: dritz3r on August 22, 2015, 01:10:18 pm
He will fool you every time.

Early investor
Title: Re: Bitshares price discussion
Post by: roselee on August 22, 2015, 02:36:57 pm
who?
Title: Re: Bitshares price discussion
Post by: Ander on August 22, 2015, 06:13:57 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

Can somebody explain me why Brownies supply went from 8.2 millions to 9.2 millions this week?  I thought  bytemaster had stated before a week (hangout) that he had no intentions to dilute brownies (at least not for now).   Could it be one of the reason's we are one a downtrend? I mean how can somebody take seriously "statements" that after a week are practically taken back?

PS maybe they dump brownies because  the unexpected +1Million brownies dilution?

Expect brownies to be diluted to hell at any time.  There is no fixed supply, its all under bytemaster's control, he can gian hundreds of thousands of free bts for himself if he wants just by making and dumping brownies onto the orderbooks.

Not that he will, but he can.  because of this I dont really see it as an invesmtnet vehicle, to me its just a bonus item that you can get for doing good things for bitshares.  I'm not going to be buying brownies at 10bts or anything like that, ever.  I would buy some at 1 though.  I'll probably just hold the ones bytemaster gave me forever, and not sell or buy (unless they get SUPER cheap, then ill buy some).
Title: Re: Bitshares price discussion
Post by: Pheonike on August 23, 2015, 03:58:02 am
I think bytemaster elaborating on how long the bank partnership is going to really take in last mumble is the cause of the dip over the past day.  People were anticipating something to happen this year with it.
Title: Bitshares price discussion
Post by: Krills on August 23, 2015, 04:04:35 am
bts will reach 0.01 cny
Title: Re: Bitshares price discussion
Post by: bitmeat on August 23, 2015, 04:39:50 am
You know what? Until BTS holders start providing liquidity this will continue to go down.

And BTS holders SHOULD otherwise their stake is going buh-bye anyways.

Good luck everybody.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 23, 2015, 06:02:09 am
You know what? Until BTS holders start providing liquidity this will continue to go down.

And BTS holders SHOULD otherwise their stake is going buh-bye anyways.

Good luck everybody.

Which comes first.. the utility or the liquidity? I think the problem with the liquidity is largely due to the lack of utility.. and this is largely due to the issues related to 1.0 in terms of usability. That pretty much puts the current situation in a freeze pattern.

I think as we see more utility you will start to see the liquidity coming up to match and in a competitive way. Utility proposition for BitShares in 2.0 is hand over first superior. If all features fire on all cylinders it will take off like a formula one. If we have a few not firing.. we still flash forward unlike anything seen in the past.

I will also take this opportunity to note that we offered the community a way to increase our liquidity tremendously with BunkerMining by voting in our delegates.. we didn't get the votes to get it done.. we got one delegate voted in which only serves to drag the project out for many months until there is enough for the work to be done. Vote http://vote.bunkermining.com if you still like to see our liquidity increase. We would like nothing more than to be pushing $50,000 bitUSD in payouts a day to miners vs. the few hundred a day at best we continue to operate at without being able to deliver consistent competitive performance. If we had been voted in way back when we first proposed we would be in a very different place today I assure you.
Title: Re: Bitshares price discussion
Post by: roselee on August 23, 2015, 01:31:53 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

What are Brownies? Sorry, noob.

The founder and lead developer on BitShares recently started Brownies to reward people for their contributions.

https://bitsharestalk.org/index.php/topic,17354.0.html

They were recently given 20% equity in a new venture called IDentabit

https://bitsharestalk.org/index.php/board,96.0.html   (Active BS community allocation)

There's speculation they may be awarded equity in CNX - a separate company recently set up by the developers that owns the rights to the new platform, Graphene,  that is being released on BitShares in the next few months.

You can also purchase Brownies in the wallet, but they are subject to dilution at any time & possible confiscation if the lead developer doesn't like you/your actions because they're kind of his personal reward tokens.

Personally I'm not a fan.

it is news to me that you can sell brownies .... and why could them have affect on the price of bts ?
thought they are not at all conected ?
is there someone that could enlighten me ?
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 23, 2015, 04:40:56 pm

it is news to me that you can sell brownies .... and why could them have affect on the price of bts ?
thought they are not at all conected ?
is there someone that could enlighten me ?

It's just grasping for straws... latest in speculative FUD.. when really we are just in a liquidity utility rough patch until 2.0 pokes it's head out.. then the same people who are spinning all these crazy conspiracy theories are going to laugh and sing right along.

I can't count now how many times Stan said it was the makers of identabit that wanted a way to target active community members and they thought the brownie.pts would be an effective way to do that. The idea that this has anything to do with our price is fable.

(http://downloadwallpaperhd.com/wp-content/uploads/2013/05/Albert-Einstein-Quotes-HD-Wallpaper.jpg)
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 23, 2015, 04:52:23 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

What are Brownies? Sorry, noob.

The founder and lead developer on BitShares recently started Brownies to reward people for their contributions.

https://bitsharestalk.org/index.php/topic,17354.0.html

They were recently given 20% equity in a new venture called IDentabit

https://bitsharestalk.org/index.php/board,96.0.html   (Active BS community allocation)

There's speculation they may be awarded equity in CNX - a separate company recently set up by the developers that owns the rights to the new platform, Graphene,  that is being released on BitShares in the next few months.

You can also purchase Brownies in the wallet, but they are subject to dilution at any time & possible confiscation if the lead developer doesn't like you/your actions because they're kind of his personal reward tokens.

Personally I'm not a fan.

it is news to me that you can sell brownies .... and why could them have affect on the price of bts ?
thought they are not at all conected ?
is there someone that could enlighten me ?


Brownies are being given 20% of IDentabits initial equity. https://bitsharestalk.org/index.php/topic,17934.0.html

If you thought IDentabit might be worth $3 million then that could make Brownies worth $600 000. So BTS holders may sell their BTS for Brownies if they believe they are significantly undervalued, as most will divert existing BTS rather than bring in new money, it could significantly lower the price of BTS especially when there is very little demand for BTS at the moment (And also merger shares and delegate dilution creating selling pressure as well.)

My second view which  may be incorrect is that - one of the reasons people invested in PTS, AGS and then BTS was that there was a social consensus than anyone who used the BitShares toolkit and also received help from BitShares devs should drop a % of equity onto those holders. This is no longer the case because CNX own the new toolkit, Graphene. However Brownies are now BM's personal reward tokens. With the IDentabit precedent it seems they may be a sharedrop token for anything BM is part of and there is speculation they may also get CNX shares at some point. The fact that BTS isn't going to benefit from all Graphene DAC's makes it worth less and the fact that Brownies might makes them worth more, possibly moving value as well over time from BTS to Brownies.

& while correlation is not causation. Since the IDentabit announcement, BitShares has lost over 25% of its' value in the space of only 10 days.
Title: Re: Bitshares price discussion
Post by: roselee on August 23, 2015, 04:56:59 pm
thank you for this answer

i didnt think that the brownis has anything to do with the price drop

i watch a lot of coins couse i have them
and all of them dorp
its the time being i guess
all of them are beta in best if not alfa status

i am  a holder i see things on longterms

i walked with bitshares since the beginning and i updated all the versions ... smile

now i wait for 2.0 couse i think my lapi will handle that better then the privious wallets
( do we know a launch date yet? )

i was just courious how they think brownies did affect the price , couse i could not see a way brownies could do that

Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 23, 2015, 04:59:03 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

What are Brownies? Sorry, noob.

The founder and lead developer on BitShares recently started Brownies to reward people for their contributions.

https://bitsharestalk.org/index.php/topic,17354.0.html

They were recently given 20% equity in a new venture called IDentabit

https://bitsharestalk.org/index.php/board,96.0.html   (Active BS community allocation)

There's speculation they may be awarded equity in CNX - a separate company recently set up by the developers that owns the rights to the new platform, Graphene,  that is being released on BitShares in the next few months.

You can also purchase Brownies in the wallet, but they are subject to dilution at any time & possible confiscation if the lead developer doesn't like you/your actions because they're kind of his personal reward tokens.

Personally I'm not a fan.

it is news to me that you can sell brownies .... and why could them have affect on the price of bts ?
thought they are not at all conected ?
is there someone that could enlighten me ?


Brownies are being given 20% of IDentabits initial equity. https://bitsharestalk.org/index.php/topic,17934.0.html

If you thought IDentabit might be worth $3 million then that could make Brownies worth $600 000. So BTS holders may sell their BTS for Brownies if they believe they are significantly undervalued, as most will divert existing BTS rather than bring in new money, it could significantly lower the price of BTS especially when there is very little demand for BTS at the moment (And also merger shares and delegate dilution creating selling pressure as well.)

My second view which  may be incorrect is that - one of the reasons people invested in PTS, AGS and then BTS was that there was a social consensus than anyone who used the BitShares toolkit and also received help from BitShares devs should drop a % of equity onto those holders. This is no longer the case because CNX own the new toolkit, Graphene. However Brownies are now BM's personal reward tokens. With the IDentabit precedent it seems they may be a sharedrop token for anything BM is part of and there is speculation they may also get CNX shares at some point. The fact that BTS isn't going to benefit from all Graphene DAC's makes it worth less and the fact that Brownies might makes them worth more, possibly moving value as well over time from BTS to Brownies.

Where does the fact that the entire Bitshares ecosystem will be powered by BTS transaction fees fit into this?

This premise makes BTS itself seem to be one dimensional when really it's not.

Can you clarify why this whole theory ignores this or does it fit in some way that hasn't been explained?
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 23, 2015, 05:02:23 pm
I seriously doubt that selling 30k BTS for Brownies is the reason that BTS value is dropping..I don't think that people will start dumping BTS for Brownies..Especially when Brownies have absolutely no strings attached, haven't promissed officially any sharedrop of anything in the future and can magically dissapear from your wallet if BM chooses to..

On the contrary I would say that people started to dump Brownies in order to buy BTS..

What are Brownies? Sorry, noob.

The founder and lead developer on BitShares recently started Brownies to reward people for their contributions.

https://bitsharestalk.org/index.php/topic,17354.0.html

They were recently given 20% equity in a new venture called IDentabit

https://bitsharestalk.org/index.php/board,96.0.html   (Active BS community allocation)

There's speculation they may be awarded equity in CNX - a separate company recently set up by the developers that owns the rights to the new platform, Graphene,  that is being released on BitShares in the next few months.

You can also purchase Brownies in the wallet, but they are subject to dilution at any time & possible confiscation if the lead developer doesn't like you/your actions because they're kind of his personal reward tokens.

Personally I'm not a fan.

it is news to me that you can sell brownies .... and why could them have affect on the price of bts ?
thought they are not at all conected ?
is there someone that could enlighten me ?


Brownies are being given 20% of IDentabits initial equity. https://bitsharestalk.org/index.php/topic,17934.0.html

If you thought IDentabit might be worth $3 million then that could make Brownies worth $600 000. So BTS holders may sell their BTS for Brownies if they believe they are significantly undervalued, as most will divert existing BTS rather than bring in new money, it could significantly lower the price of BTS especially when there is very little demand for BTS at the moment (And also merger shares and delegate dilution creating selling pressure as well.)

My second view which  may be incorrect is that - one of the reasons people invested in PTS, AGS and then BTS was that there was a social consensus than anyone who used the BitShares toolkit and also received help from BitShares devs should drop a % of equity onto those holders. This is no longer the case because CNX own the new toolkit, Graphene. However Brownies are now BM's personal reward tokens. With the IDentabit precedent it seems they may be a sharedrop token for anything BM is part of and there is speculation they may also get CNX shares at some point. The fact that BTS isn't going to benefit from all Graphene DAC's makes it worth less and the fact that Brownies might makes them worth more, possibly moving value as well over time from BTS to Brownies.

& while correlation is not causation. Since the IDentabit announcement, BitShares has lost over 25% of its' value in the space of only 10 days

Where does the fact that the entire Bitshares ecosystem will be powered by BTS transaction fees fit into this?

This premise makes BTS itself seem to be one dimensional when really it's not.

Can you clarify why this whole theory ignores this or does it fit in some way that hasn't been explained?


Are you saying BTS will receive transaction fees from IDentabit and other projects Graphene is licensed too?

If you're saying BTS could be independently successful because BTS transaction fees will fund development and incentivise marketing then yes that's the aim and business model. It doesn't effect/change any of my above statements though?
Title: Re: Bitshares price discussion
Post by: roselee on August 23, 2015, 05:13:07 pm
let me put together what i understood so far:

BM and devs did good work and did that on the money from foundraiseing at the beginning
as i recall i read somewhere it was about 2.3 mil

that money is spend (gone) none of them got rich

then they created a new company ( i dont recall the name right now)

and they give out licence couse that guys need to earn a living

bitshares 2.0 will be the last update for free

all the devs develop after that will be with licences you have to buy
if you want that
right ?
and brownies are just a reward for good work and helping the bitshares project

dintendbit ? where is that conected with it ?


Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 23, 2015, 05:14:31 pm
thank you for this answer

i didnt think that the brownis has anything to do with the price drop

i watch a lot of coins couse i have them
and all of them dorp
its the time being i guess
all of them are beta in best if not alfa status

i am  a holder i see things on longterms

i walked with bitshares since the beginning and i updated all the versions ... smile

now i wait for 2.0 couse i think my lapi will handle that better then the privious wallets
( do we know a launch date yet? )

i was just courious how they think brownies did affect the price , couse i could not see a way brownies could do that

2.0 is looking very good :) I don't know the launch date but you can maybe see 2.0 here https://bitsharestalk.org/index.php/topic,18064.0.html      It's very fast and easy to use.

You're right Brownies may not affect the price, it's possible though.


let me put together what i understood so far:

BM and devs did good work and did that on the money from foundraiseing at the beginning
as i recall i read somewhere it was about 2.3 mil

that money is spend (gone) none of them got rich

then they created a new company ( i dont recall the name right now)

and they give out licence couse that guys need to earn a living

bitshares 2.0 will be the last update for free

all the devs develop after that will be with licences you have to buy
if you want that
right ?
and brownies are just a reward for good work and helping the bitshares project

dintendbit ? where is that conected with it ?

I think BitShares 2.0 which uses Graphene will always be updated for BTS but if we want big new features then we will have to pay money, which is fair because the developers need to earn money and like you said the other money is gone.

The licence for Graphene owned by their new company CNX, will sell the license to some normal businesses that don't compete with BitShares so that they can make money and earn a living.

IDentabit is a new company the developers are giving a Graphene license too. It is like BTS except with BTS you don't need to give your name or details but with IDentabit you will need to give your details. That way more banks and other normal businesses can maybe work with it.

Yes Brownies are a reward for good work from Bytemaster and IDentabit has chosen to give them some shares maybe because it wants those people to want to do good work for IDentabit too.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 23, 2015, 08:08:06 pm
Are you saying BTS will receive transaction fees from IDentabit and other projects Graphene is licensed too?

If you're saying BTS could be independently successful because BTS transaction fees will fund development and incentivise marketing then yes that's the aim and business model. It doesn't effect/change any of my above statements though?

No, only CNX would receive any kind of transactions if there is such an arrangement with identabit.

I am saying that trading, markets, futures, bonds, refer transactions, bitassets, exchanges like CCEDK and BANX and BunkerDEX all will be running transactions that require BTS.

The narrative coming out of this thread is beginning to lean towards making BTS out as though its just a one trick pony coin to compare to things like a brownie UIA and identibit putting its value in a sharedrop? This outlook is extremely tunnel visioned and flawed if this is where these theories are coming from.

Come the introduction of 2.0 there is no more speculation as to the utility of BTS.. it's the supporting currency for an entire decentralized marketplace. It's what powers bitassets.. it's what makes multi-sigs possible.. it's what pays out refer bonuses.. the list goes on and on and on.

These theories on the price to me seem to just ignore the reality of what BTS value proposition will provide in 2.0.

I say it again though.. if you are looking for a reason why it's so low.. I say its because the big money players see all that I just stated and are driving the price/market down as much as possible as the release of 2.0 approaches so that they will realize 4X multiples inside of a very short period.

That's my take anyways.
Title: Re: Bitshares price discussion
Post by: Ander on August 23, 2015, 09:17:20 pm
I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 23, 2015, 09:23:58 pm
I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!

It was a premonition :)  Wait for it...
Title: Re: Bitshares price discussion
Post by: Ander on August 23, 2015, 09:32:10 pm
I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!

It was a premonition :)  Wait for it...

:p


When the price goes down, it feels terrible, so people get angry.  They say things and complain about things they wouldnt complain about if the price was doing well.  It makes people doubt the project.  This is all very natural.  We need 2.0 and a rally really badly, and everyone will start to feel better.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 23, 2015, 09:56:14 pm
I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!

It was a premonition :)  Wait for it...

I honestly remember Ander's handle in a dream last night in bold and green □□ANDER□□ I thought that was a weird thing to dream about and now you say you had a dream BTS would go to 6400 sats overnight and green is the color of stock gains. So maybe it was a premonition...

Coming soon...


Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 23, 2015, 10:02:41 pm
I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!

It was a premonition :)  Wait for it...

I honestly remember Ander's handle in a dream last night in bold and green □□ANDER□□ I thought that was a weird thing to dream about and now you say you had a dream BTS would go to 6400 sats overnight and green is the color of stock gains. So maybe it was a premonition...

Coming soon...

 +5% .. The heavy money driving down BTS now certainly would want things to go this way. :) A 5X in a month and a bit.. yes please.
Title: Re: Bitshares price discussion
Post by: Ander on August 23, 2015, 11:13:33 pm
I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!

It was a premonition :)  Wait for it...

I honestly remember Ander's handle in a dream last night in bold and green □□ANDER□□ I thought that was a weird thing to dream about and now you say you had a dream BTS would go to 6400 sats overnight and green is the color of stock gains. So maybe it was a premonition...

Coming soon...

If only premonitions were an actual feature of reality, and not just your brain processing the information it knows and hopes for and is thinking about. :P
Title: Re: Bitshares price discussion
Post by: ag on August 24, 2015, 03:01:51 am
I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!
My first dream of Bitshares price increase in July 2014 came true. Since then my dreams of bitshares price spikes have not came true once!

I did have a dream, that bytemaster is an incarnation of an alien that Stan had contact with in his 20's. Stan made a sort of pact with the alien entity... although I'm not sure he realized it would reincarnate as his son. But it had to be that way so they could continue to work together so that their aim would be realized. I think Stan had to choose between his future wife and the alien. There was conflict in his life in this period over the contact. That was my dream - what I can remember anyways. I doubt it's true but it would hep to explain BM's amazingness.
Title: Re: Bitshares price discussion
Post by: Xeldal on August 24, 2015, 03:08:13 am
My partner had a dream last night of whales eating people... might be relevant. ? ;)
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 24, 2015, 03:13:09 am
If you guys are dreaming about bitshares increasing in value, then you are way too over invested...

Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 03:40:47 am
If you guys are dreaming about bitshares increasing in value, then you are way too over invested...

Not true, I occasionally have reams about prices of things that I have barely any investment in. :P
Title: Re: Bitshares price discussion
Post by: emailtooaj on August 24, 2015, 03:54:41 am

I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!
My first dream of Bitshares price increase in July 2014 came true. Since then my dreams of bitshares price spikes have not came true once!

I did have a dream, that bytemaster is an incarnation of an alien that Stan had contact with in his 20's. Stan made a sort of pact with the alien entity... although I'm not sure he realized it would reincarnate as his son. But it had to be that way so they could continue to work together so that their aim would be realized. I think Stan had to choose between his future wife and the alien. There was conflict in his life in this period over the contact. That was my dream - what I can remember anyways. I doubt it's true but it would hep to explain BM's amazingness.

Hmmm, maybe we should contact the Ancient Aliens show on History Channel and have them investigate this. There might be some credibility to this.

*edit- I'm in no way implying that your ancient Stan


Sent from my iPhone using Tapatalk
Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 04:15:28 am

I dreamed last night that BTS went to 6400 sats overnight, then woke up and was sad it was still under 1600.
lol!
My first dream of Bitshares price increase in July 2014 came true. Since then my dreams of bitshares price spikes have not came true once!

I did have a dream, that bytemaster is an incarnation of an alien that Stan had contact with in his 20's. Stan made a sort of pact with the alien entity... although I'm not sure he realized it would reincarnate as his son. But it had to be that way so they could continue to work together so that their aim would be realized. I think Stan had to choose between his future wife and the alien. There was conflict in his life in this period over the contact. That was my dream - what I can remember anyways. I doubt it's true but it would hep to explain BM's amazingness.

Hmmm, maybe we should contact the Ancient Aliens show on History Channel and have them investigate this. There might be some credibility to this.

*edit- I'm in no way implying that your ancient Stan


Sent from my iPhone using Tapatalk


Nah, Bytemaster stole Satoshi's time machine, and travelled even FURTHER into the future and then brought us back BTS to upgrade Bitcoin.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 24, 2015, 04:57:19 am
(http://i57.tinypic.com/j0z1w4.jpg)

 :P
Title: Re: Bitshares price discussion
Post by: liondani on August 24, 2015, 05:11:23 am
(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http%3A%2F%2Fdigitallifegroup.com%2Fwp-content%2Fuploads%2F2008%2F07%2Flucy-pr.jpg&sp=2ca39b239de265a09f665ac9086eadd4)
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 24, 2015, 12:53:35 pm
BitShares went down to 100 satoshis last night because someone panic sold into the thin BTC buy wall on BTC38

http://www.btc38.com/trade_en.html?mk_type=btc&btc38_trade_coin_name=bts

So someone picked up a few of the cheapest BTS ever.
Title: Re: Bitshares price discussion
Post by: chryspano on August 24, 2015, 01:45:51 pm
Was this a panic sell or a calculated move? Something tells me that the lower the price goes now, the more bts some people will be able to buy at 20-30M marketcap when bitshares 2 is ready(I'm talking about massive amounts) . You will only need to add a few posts of the "newmine school of thought" and everyone will start to dump, so we will have a massive change of bts ownership.

Title: Re: Bitshares price discussion
Post by: Frodo on August 24, 2015, 01:54:00 pm
BitShares went down to 100 satoshis last night because someone panic sold into the thin BTC buy wall on BTC38

http://www.btc38.com/trade_en.html?mk_type=btc&btc38_trade_coin_name=bts

So someone picked up a few of the cheapest BTS ever.

 :o That's just crazy.
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 24, 2015, 01:59:50 pm
Was this a panic sell or a calculated move? Something tells me that the lower the price goes now, the more bts some people will be able to buy at 20-30M marketcap when bitshares 2 is ready(I'm talking about massive amounts) . You will only need to add a few posts of the "newmine school of thought" and everyone will start to dump, so we will have a massive change of bts ownership.

Looks like a combination of both to me. Whales pushing price down aggressively before the big move-up in the next few weeks/months (if BTS 2.0 actually gets released, that is). And people panicking and selling into buy orders. Makes sense if you think about it. Just remember that not even 2 weeks ago we were at 0.0347 CNY. And last time we hit 0.02 CNY, we jumped up to 0.0527 over the course of 2 weeks. Things change fast.
Title: Re: Bitshares price discussion
Post by: D4vegee on August 24, 2015, 02:05:15 pm
BitShares went down to 100 satoshis last night because someone panic sold into the thin BTC buy wall on BTC38

http://www.btc38.com/trade_en.html?mk_type=btc&btc38_trade_coin_name=bts

So someone picked up a few of the cheapest BTS ever.

Yum Yum
Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 03:06:44 pm
BitShares went down to 100 satoshis last night because someone panic sold into the thin BTC buy wall on BTC38

http://www.btc38.com/trade_en.html?mk_type=btc&btc38_trade_coin_name=bts

So someone picked up a few of the cheapest BTS ever.

 :o That's just crazy.

Lol.  I was prepared for that to happen on polo with a buy order in at low price . Didnt expect it on btc38. :( 
I forgot about the btc/bts market at btc38, because no one uses it.   Except apparently some idiot, last night who dumped.
Title: Re: Bitshares price discussion
Post by: BossYamasaki on August 24, 2015, 06:35:02 pm
Hopefully BTS continue to fall lower over the next few weeks. I'm looking to buy some more pretty soon, but I'm looking to buy BTS way cheaper.  8)
Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 08:22:20 pm
I have a large and continuing to grow quantity of BTS loaned out to people shorting.  There are a lot of BTS sold short...
Title: Re: Bitshares price discussion
Post by: BossYamasaki on August 24, 2015, 08:40:04 pm
I have a large and continuing to grow quantity of BTS loaned out to people shorting.  There are a lot of BTS sold short...

Do you think BTS will lose more than 60% of it's current value at any point in time between now and the 2.0 release? That's what I'm hoping for atleast. From what I hear BTS has no floor/support so it could go even lower. Is that possible? I'm not as good at TA as I would like to be at the moment, so I wouldn't know, but I mean it seems possible if there is no floor and the release of 2.0 takes a little longer than expected. Maybe more weak hands will end up dumping and traders will continue to short BTS.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 24, 2015, 08:48:27 pm
I have a large and continuing to grow quantity of BTS loaned out to people shorting.  There are a lot of BTS sold short...

Do you think BTS will lose more than 60% of it's current value at any point in time between now and the 2.0 release? That's what I'm hoping for atleast. From what I hear BTS has no floor/support so it could go even lower. Is that possible? I'm not as good at TA as I would like to be at the moment, so I wouldn't know, but I mean it seems possible if there is no floor and the release of 2.0 takes a little longer than expected. Maybe more weak hands will end up dumping and traders will continue to short BTS.

I would say it is likely we break below 6 million market cap.  That would flush out a lot of the bitUSD shorts via margin calls.  Then it will be likely that BTS goes much higher very quickly, leaving all the holders who got stopped out no opportunity to buy back in.  Effectively leaving them with massive losses and nothing.  It's just how markets work, they screw as many people as possible.
Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 08:50:29 pm
I have a large and continuing to grow quantity of BTS loaned out to people shorting.  There are a lot of BTS sold short...

Do you think BTS will lose more than 60% of it's current value at any point in time between now and the 2.0 release? That's what I'm hoping for atleast. From what I hear BTS has no floor/support so it could go even lower. Is that possible? I'm not as good at TA as I would like to be at the moment, so I wouldn't know, but I mean it seems possible if there is no floor and the release of 2.0 takes a little longer than expected. Maybe more weak hands will end up dumping and traders will continue to short BTS.

Almost no chance imo.  Its possible that support will break and there is a momentary spike down caused by margin liquidation, and it you catch it you are lucky, but youre only going to get it if you have a buy order on the books.  Its not goign to trade below this level for long, 1500 satoshis is the rock bottom long term support, there have only ever been a couple short spikes below it.
Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 08:54:26 pm

I would say it is likely we break below 6 million market cap.  That would flush out a lot of the bitUSD shorts via margin calls.  Then it will be likely that BTS goes much higher very quickly, leaving all the holders who got stopped out no opportunity to buy back in.  Effectively leaving them with massive losses and nothing.  It's just how markets work, they screw as many people as possible.

Maybe a spike.  Do not be long BTS on margin right now. :P 
Margin long BTS = asking to have all of it taken from you at the low.

Buy and hold BTS = you can ignore what happens and wait for 2.0 release.
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 24, 2015, 09:07:15 pm
How could we go much downer if in mai we were much more far away from having a solid client and even like that, price went up when we hit this current level ?
Title: Re: Bitshares price discussion
Post by: lil_jay890 on August 24, 2015, 09:13:29 pm
How could we go much downer if in mai we were much more far away from having a solid client and even like that, price went up when we hit this current level ?

Because price doesn't give a crap about how close we are to a new client.  Most of the people trading BTS have very minimal knowledge of any bts events... all the people that follow BTS carefully are most likely fully invested.  This means no more fundamental buyers, only traders.  The trend is down and traders are pressing in the short direction.  It will change eventually and there will be a short squeeze, but it won't have much to do with getting closer to a client release.
Title: Re: Bitshares price discussion
Post by: Akado on August 24, 2015, 09:13:49 pm
How could we go much downer if in mai we were much more far away from having a solid client and even like that, price went up when we hit this current level ?

Precisely because we have that solid client about to be released soon. People want to accumulate first so it's only logic to make it go as low as possible to buy as much as they can. At least that's what I think makes sense. 
Title: Re: Bitshares price discussion
Post by: BossYamasaki on August 24, 2015, 09:14:25 pm
I would say it is likely we break below 6 million market cap.  That would flush out a lot of the bitUSD shorts via margin calls.  Then it will be likely that BTS goes much higher very quickly, leaving all the holders who got stopped out no opportunity to buy back in.  Effectively leaving them with massive losses and nothing.  It's just how markets work, they screw as many people as possible.

A break below $6M seems very possible to me too.


Maybe a spike.  Do not be long BTS on margin right now. :P 
Margin long BTS = asking to have all of it taken from you at the low.

Buy and hold BTS = you can ignore what happens and wait for 2.0 release.

Buying $BTS below $6M would be a great ROI IMHO. My only concern is that it won't trade below $6M that long if the release of 2.0 come out sooner than expected. I'm willing to wait until 4th qtr 2015 - 1st qtr 2016 for 2.0 to release. I'm trying to buy as much BTS as I could until 2.0 released. I say the cheaper the better. If BTS trade below $5M-$6M until 2.0 is released it could be the start of a great rally. Especially if 2.0 is up to par with expectations.
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 24, 2015, 09:22:11 pm
I'm very new at looking and trying to understand charts.

The buy wall of 60 BTC on polo at .000014 doesn't mean that price will have an hard time to go downer .000014 ??
Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 09:26:40 pm
I'm very new at looking and trying to understand charts.

The buy wall of 60 BTC on polo at .000014 doesn't mean that price will have an hard time to go downer .000014 ??

Yes.  Unless the wall is removed by whoever put it there (walls sometimes are unreliable).
However, 3M BTS is a wall but its not a really big wall, there are regularly multimillion BTS dumps on btc38 for example. 

The most important factor here is that we are at long term support, every time that BTS has hit these satoshi levels it has been the bottom and it has gone up afterwards.  (Except for short spikes below this level).
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 24, 2015, 09:30:01 pm
Thanks for the explanations guys ;)
Title: Re: Bitshares price discussion
Post by: Ander on August 24, 2015, 11:45:14 pm
Someone has started pumping it up it seems, several spikes higher.  I sold all the sub 1500 bts that I bought in the mid 1600s, and put it up in a new buywall near 1500 again.  (If I never get the BTS back I am happy, because it means the bottom was already in).

Gotta build the buywalls.
Title: Re: Bitshares price discussion
Post by: phillyguy on August 24, 2015, 11:54:44 pm

Someone has started pumping it up it seems, several spikes higher.  I sold all the sub 1500 bts that I bought in the mid 1600s, and put it up in a new buywall near 1500 again.  (If I never get the BTS back I am happy, because it means the bottom was already in).

Gotta build the buywalls.

Udaman!
Title: Re: Bitshares price discussion
Post by: Ander on August 25, 2015, 12:55:58 am
Buys at 1500 already hit, wow.
Title: Re: Bitshares price discussion
Post by: btswildpig on August 25, 2015, 01:23:15 am
Buys at 1500 already hit, wow.

look at BTC you'll know why
Title: Re: Bitshares price discussion
Post by: Ander on August 25, 2015, 05:02:24 am
Buys at 1500 already hit, wow.

look at BTC you'll know why

1) It happened before the drop in BTC
2) Its priced in satoshis, so the BTS/BC ratio doesnt necessarily change just because BTC drops.
Title: Re: Bitshares price discussion
Post by: Ander on August 25, 2015, 06:03:17 am
The number of BTS available to be shorted on polo went from 2.5 million a few hours ago to 1.7 million now.  That means people added 800k in shorts in the past few hours (and/or people who were offering BTS for loan decided to remove them).  The ones I had available all got borrowed and shorted.   Hopefully if the short interest gets too high and it doesnt drop it could ignite a covering rally and create our bottom.  (of course, it could go down more first)
Title: Re: Bitshares price discussion
Post by: bitmeat on August 25, 2015, 11:44:44 am
The number of BTS available to be shorted on polo went from 2.5 million a few hours ago to 1.7 million now.  That means people added 800k in shorts in the past few hours (and/or people who were offering BTS for loan decided to remove them).  The ones I had available all got borrowed and shorted.   Hopefully if the short interest gets too high and it doesnt drop it could ignite a covering rally and create our bottom.  (of course, it could go down more first)

I could sneeze and get rid of that 70BTC buy wall. Too funny.
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 25, 2015, 12:48:15 pm
I see NuBits did over $100k volume and Tether $500k in the small BTC sell-off. So regardless of the short term BTS price, there's a definite market demand for a more liquid BitUSD.

I have less number of trades and a much higher return for about the same amount traded. ;)

I could sneeze and get rid of that 70BTC buy wall. Too funny.

Wow, really!! I'm so impressed!! Not...



Title: Re: Bitshares price discussion
Post by: btswildpig on August 25, 2015, 12:49:26 pm
Earned 3.7 BTC this week by shorting BTC .....

Using it to buy BTS  . :P
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 25, 2015, 12:56:19 pm
The number of BTS available to be shorted on polo went from 2.5 million a few hours ago to 1.7 million now.  That means people added 800k in shorts in the past few hours (and/or people who were offering BTS for loan decided to remove them).  The ones I had available all got borrowed and shorted.   Hopefully if the short interest gets too high and it doesnt drop it could ignite a covering rally and create our bottom.  (of course, it could go down more first)

I could sneeze and get rid of that 70BTC buy wall. Too funny.
Why don't you sneeze the other way around and you doble up this buy wall. That would discourage sellers, motivate buyers, we would make our bottom, price go up, everybody is happy, positive vibes in the community, bts 2.0 is released, ... sharedrops, brownies, unicorns ...
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on August 25, 2015, 02:03:39 pm
Earned 3.7 BTC this week by shorting BTC .....

"Wages of sin!"  :P
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 25, 2015, 02:14:12 pm
The number of BTS available to be shorted on polo went from 2.5 million a few hours ago to 1.7 million now.  That means people added 800k in shorts in the past few hours (and/or people who were offering BTS for loan decided to remove them).  The ones I had available all got borrowed and shorted.   Hopefully if the short interest gets too high and it doesnt drop it could ignite a covering rally and create our bottom.  (of course, it could go down more first)

I could sneeze and get rid of that 70BTC buy wall. Too funny.
Why don't you sneeze the other way around and you doble up this buy wall. That would discourage sellers, motivate buyers, we would make our bottom, price go up, everybody is happy, positive vibes in the community, bts 2.0 is released, ... sharedrops, brownies, unicorns ...

Wait.. unicorns sharedrop now?! I can't keep up with all the bonuses BitShares holders are getting these days.

Will the unicorns however compete with BitShares.. this is the eternal default question we must all continue to ask. :)
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 25, 2015, 02:21:37 pm
Will unicorns will compete with brownies ? Will they make the price fall even more ? Are they part of a diabolic plan from Cryptonomex ?
Indeed, it's hard to keep up !!! ;p
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on August 25, 2015, 02:22:07 pm
Wait.. unicorns sharedrop now?! I can't keep up with all the bonuses BitShares holders are getting these days.

Will the unicorns however compete with BitShares.. this is the eternal default question we must all continue to ask. :)

Never forget! (http://i.imgur.com/gKnULIy.jpg)
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 25, 2015, 02:32:28 pm
Will unicorns will compete with brownies ? Will they make the price fall even more ? Are they part of a diabolic plan from Cryptonomex ?
Indeed, it's hard to keep up !!! ;p

As a poker player you should know not to bet on a shell game if you're not the dealer.

(http://images.penguinmagic.com/images/products/original/1107a.jpg)
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 25, 2015, 02:33:27 pm
Wait.. unicorns sharedrop now?! I can't keep up with all the bonuses BitShares holders are getting these days.

Will the unicorns however compete with BitShares.. this is the eternal default question we must all continue to ask. :)

Never forget! (http://i.imgur.com/gKnULIy.jpg)

Hahahaha... that was awesome. :)  +5% Tuck.. please submit that for brownies :)
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 25, 2015, 02:44:14 pm
Will unicorns will compete with brownies ? Will they make the price fall even more ? Are they part of a diabolic plan from Cryptonomex ?
Indeed, it's hard to keep up !!! ;p

As a poker player you should know not to bet on a shell game if you're not the dealer.

(http://images.penguinmagic.com/images/products/original/1107a.jpg)
Yep, I do know that ;)

I having a hard time understanding your metaphore ... Who's the dealer in this case ?
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on August 25, 2015, 02:48:44 pm
Hahahaha... that was awesome. :)  +5% Tuck.. please submit that for brownies :)

 :P
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 25, 2015, 03:01:34 pm
In this bts game we can chose to take a look at the 3 shells and win all the time !
Everybody is free to have part of his stake in bts and another part in brownies. So you are sure to be sharedrop in any case.
I think people are realising it because in one week, the cheaper brownies moved from 3 bts to 12 bts each !!!!
If I knew that, I would have bought some at 3-4 bts ... wait ... I knew that  ;p ;p ;p
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on August 25, 2015, 03:18:47 pm
I having a hard time understanding your metaphore ... Who's the dealer in this case ?

Dan. He's incredibly talented, so it's almost a guarantee that at some point he will put all the pieces together and create a massive financial success.

Post merger most of his and the team's value seemed to be under the BitShares shell. Today that potential value is more dispersed among a CNX/IDentabit/BTS/Brownie shell. It's obviously up to him where he wants to direct the majority of his future efforts which is why until one of them is independently profitable and successful, it's more of a shell game than it used to be.

As my signature says - 'If you want to take the island, burn the boats.' Which is a reference to Cortes. It means wherever possible, that if you want a business to be a success you need to 'burn the boats' - leave no other options. So that your supporters and your investors can all get fully behind you & that business.
Title: Re: Bitshares price discussion
Post by: bitmeat on August 25, 2015, 08:04:20 pm
I see NuBits did over $100k volume and Tether $500k in the small BTC sell-off. So regardless of the short term BTS price, there's a definite market demand for a more liquid BitUSD.

I have less number of trades and a much higher return for about the same amount traded. ;)

I could sneeze and get rid of that 70BTC buy wall. Too funny.

Wow, really!! I'm so impressed!! Not...

Wasn't trying to impress. Just don't get why people get overly excited over tiny scalp trades or a buy wall of measly 70BTC. Given the market cap it really is meaningless.
Title: Re: Bitshares price discussion
Post by: Ander on August 25, 2015, 08:14:42 pm
I guess some of us arent as big of whales as you bitmeat, and are excited by smaller amounts.
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 25, 2015, 10:31:07 pm
Anyone who thinks 70 btc (over $15k dollars) isn't a lot of money most likely already has way too much money themselves...lol
Title: Re: Bitshares price discussion
Post by: speedy on August 25, 2015, 10:47:17 pm
The number of BTS available to be shorted on polo went from 2.5 million a few hours ago to 1.7 million now.  That means people added 800k in shorts in the past few hours (and/or people who were offering BTS for loan decided to remove them).  The ones I had available all got borrowed and shorted.   Hopefully if the short interest gets too high and it doesnt drop it could ignite a covering rally and create our bottom.  (of course, it could go down more first)

How much % interest do you get loaning out your BTS on polo?
Title: Re: Bitshares price discussion
Post by: Ander on August 25, 2015, 11:01:15 pm
The number of BTS available to be shorted on polo went from 2.5 million a few hours ago to 1.7 million now.  That means people added 800k in shorts in the past few hours (and/or people who were offering BTS for loan decided to remove them).  The ones I had available all got borrowed and shorted.   Hopefully if the short interest gets too high and it doesnt drop it could ignite a covering rally and create our bottom.  (of course, it could go down more first)

How much % interest do you get loaning out your BTS on polo?

A bit under .1% a day.  Around .08 to .09%.  So with Around 200k on loan i'm getting a bit under 200 BTS a day.  Maybe 160 or so.  Sometimes I have up to 300k on loan if its all out, but usually some of it is sitting around. 
Title: Re: Bitshares price discussion
Post by: bitmeat on August 26, 2015, 12:48:20 am
Anyone who thinks 70 btc (over $15k dollars) isn't a lot of money most likely already has way too much money themselves...lol

But as % of BTS market cap it's a very tiny % that was my point.

Also - there is no such thing as too much money. :)
Title: Re: Bitshares price discussion
Post by: speedy on August 26, 2015, 08:55:03 am
A bit under .1% a day.  Around .08 to .09%.  So with Around 200k on loan i'm getting a bit under 200 BTS a day.  Maybe 160 or so.  Sometimes I have up to 300k on loan if its all out, but usually some of it is sitting around.

Assuming its always on loan, with compound interest 0.08%/day is 33%/year. Cant wait to do this from inside BTS  - the bond market is going to be awesome.
Title: Re: Bitshares price discussion
Post by: Akado on August 26, 2015, 09:15:50 am

A bit under .1% a day.  Around .08 to .09%.  So with Around 200k on loan i'm getting a bit under 200 BTS a day.  Maybe 160 or so.  Sometimes I have up to 300k on loan if its all out, but usually some of it is sitting around.

Assuming its always on loan, with compound interest 0.08%/day is 33%/year. Cant wait to do this from inside BTS  - the bond market is going to be awesome.
+5%
Title: Re: Bitshares price discussion
Post by: Ander on August 26, 2015, 04:27:31 pm
A bit under .1% a day.  Around .08 to .09%.  So with Around 200k on loan i'm getting a bit under 200 BTS a day.  Maybe 160 or so.  Sometimes I have up to 300k on loan if its all out, but usually some of it is sitting around.

Assuming its always on loan, with compound interest 0.08%/day is 33%/year. Cant wait to do this from inside BTS  - the bond market is going to be awesome.

The only reason people pay that much is that they are borrowing it to short, via margin trading.
Title: Re: Bitshares price discussion
Post by: Frodo on August 26, 2015, 04:36:04 pm
A bit under .1% a day.  Around .08 to .09%.  So with Around 200k on loan i'm getting a bit under 200 BTS a day.  Maybe 160 or so.  Sometimes I have up to 300k on loan if its all out, but usually some of it is sitting around.

Assuming its always on loan, with compound interest 0.08%/day is 33%/year. Cant wait to do this from inside BTS  - the bond market is going to be awesome.

The only reason people pay that much is that they are borrowing it to short, via margin trading.

And they are paying a risk premium to the lender for the counterparty risk of a centralized exchange. The bond market is going to be amazing, but I would expect significantly lower interest rates.
Title: Re: Bitshares price discussion
Post by: Ander on August 26, 2015, 04:51:30 pm
It looks like the massive amount of shorting of BTS that was happening on polo is decreasing.  The lending rates are down to like .05% and there seem to be a lot less BTS shorted.  Maybe the bottom is in.
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 26, 2015, 09:37:36 pm
Just throwing a question : when BM will announce the 4 last remaining weeks before official launching, when the price will start to rise ? On the announcement ? 3 weeks before launching  ? 2 ? 1 ? A few days ?
Any guess ?
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on August 26, 2015, 10:33:22 pm
Just throwing a question : when BM will announce the 4 last remaining weeks before official launching, when the price will start to rise ? On the announcement ? 3 weeks before launching  ? 2 ? 1 ? A few days ?
Any guess ?

My guess is, as of your post the price will start rising out of anticipation of everyone doing the same (buying b4 the others get in). You my friend have just created "the rise".
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 26, 2015, 10:40:57 pm
I wish it would be that simple ! ;p
Title: Re: Bitshares price discussion
Post by: Akado on August 26, 2015, 10:52:27 pm
Any predictions on the price post release? I've already had happier thoughts, now I would be happy if we hit $0.015
Title: Re: Bitshares price discussion
Post by: liondani on August 26, 2015, 11:20:26 pm
Just throwing a question : when BM will announce the 4 last remaining weeks before official launching, when the price will start to rise ? On the announcement ? 3 weeks before launching  ? 2 ? 1 ? A few days ?
Any guess ?

2-3 days before the announce  ;)
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on August 26, 2015, 11:46:59 pm
I wish it would be that simple ! ;p

Hey man have faith, we're already up .00000002 since your post!  ;D
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 27, 2015, 12:24:27 am
Damn ... it's working !!!

I'm going to troll my comment everywhere on the net !!!

Tomorow, when you'll wake up, you'll get a surprise ... 0.03$ will be back !!!
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on August 27, 2015, 12:41:00 am
Damn ... it's working !!!

I'm going to troll my comment everywhere on the net !!!

Tomorow, when you'll wake up, you'll get a surprise ... 0.03$ will be back !!!

I'm way ahead of you
https://www.reddit.com/r/BitShares/comments/3igf56t/EstefanTT_says_hes_pumping_BitShares_to_3_cents/

 :P
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 27, 2015, 12:41:32 am
Just throwing a question : when BM will announce the 4 last remaining weeks before official launching, when the price will start to rise ? On the announcement ? 3 weeks before launching  ? 2 ? 1 ? A few days ?
Any guess ?

2-3 days before the announce  ;)
It's what I had in mind. A pump a few days before the announcements. But I suspect the price will fall after the announcements and before the release. Not as low as now but something.
Maybe a fall during the first week, consolidation during the 2nd one and then ... Buckle up !!!
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 27, 2015, 12:43:49 am
Damn ... it's working !!!

I'm going to troll my comment everywhere on the net !!!

Tomorow, when you'll wake up, you'll get a surprise ... 0.03$ will be back !!!

I'm way ahead of you
https://www.reddit.com/r/BitShares/comments/3igf56t/EstefanTT_says_hes_pumping_BitShares_to_3_cents/

 
Lol ... I click on the link ;p ;p
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on August 27, 2015, 04:36:41 am
Just throwing a question : when BM will announce the 4 last remaining weeks before official launching, when the price will start to rise ? On the announcement ? 3 weeks before launching  ? 2 ? 1 ? A few days ?
Any guess ?

"just weeks away" - Stan Larimer (https://bitcointalk.org/index.php?topic=1163186.msg12253802#msg12253802)
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 27, 2015, 11:22:28 am
Weeks away !!! Nice !!!

If we considère that 8 weeks are 2 months, if the release would have been set for more than 8 weeks Stan would have said : "month away"

We can asume it's less than 8 weeks. There is 4 weeks for the "test phase". So we are less than 3 weeks for the announcement. As said before, the price would start to rise a few day before the announcement.
So we have, from now, maximum 2 weeks and half more having to watch these ridiculous prices and then ... the fun begin !!!
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on August 27, 2015, 02:17:43 pm
Weeks away !!! Nice !!!

If we considère that 8 weeks are 2 months, if the release would have been set for more than 8 weeks Stan would have said : "month away"

We can asume it's less than 8 weeks. There is 4 weeks for the "test phase". So we are less than 3 weeks for the announcement. As said before, the price would start to rise a few day before the announcement.
So we have, from now, maximum 2 weeks and half more having to watch these ridiculous prices and then ... the fun begin !!!

I like your thinking bro. Let's just hope we can maintain the timeline. Really don't feel like going through another "November" like last year...
Title: Re: Bitshares price discussion
Post by: EstefanTT on August 27, 2015, 03:24:28 pm
Weeks away !!! Nice !!!

If we considère that 8 weeks are 2 months, if the release would have been set for more than 8 weeks Stan would have said : "month away"

We can asume it's less than 8 weeks. There is 4 weeks for the "test phase". So we are less than 3 weeks for the announcement. As said before, the price would start to rise a few day before the announcement.
So we have, from now, maximum 2 weeks and half more having to watch these ridiculous prices and then ... the fun begin !!!

I like your thinking bro. Let's just hope we can maintain the timeline. Really don't feel like going through another "November" like last year...
I really don't have the feeling that devs won't respect the timeline. They already saw the difficulty of planning a release date. They are all smart people. If they say, officially, a few weeks left, I think they are pretty sure that that won't disappoint anyone this time.

We are almost there !!!
Title: Re: Bitshares price discussion
Post by: Ander on August 27, 2015, 06:00:12 pm
Itll probably end up being something like Nov 30, and then they will joke that a year ago when they said 'November', it was referring to 2015. :p
Title: Re: Bitshares price discussion
Post by: liondani on August 28, 2015, 05:07:45 pm
(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http:%2F%2F4.bp.blogspot.com%2F-wFpHpqHGdqI%2FTm1WrhVG0XI%2FAAAAAAAASGs%2FoqDT9rAUra0%2Fs1600%2F42-23902488.jpg&sp=342c21711705812fe832815b1756aefe)
Title: Re: Bitshares price discussion
Post by: Ander on August 28, 2015, 05:13:26 pm
Dear bears, please hold it down for another month so I can get a bunch more money in that I have coming. :P
Title: Re: Bitshares price discussion
Post by: chryspano on August 28, 2015, 06:41:06 pm
(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http:%2F%2F4.bp.blogspot.com%2F-wFpHpqHGdqI%2FTm1WrhVG0XI%2FAAAAAAAASGs%2FoqDT9rAUra0%2Fs1600%2F42-23902488.jpg&sp=342c21711705812fe832815b1756aefe)




my wild guess...

[EDIT] I have a feeling that Newmine will make his appearance very soon...  :D

(http://i.imgur.com/UE1amb0.jpg)
Title: Re: Bitshares price discussion
Post by: NewMine on August 30, 2015, 02:12:05 pm
Dear bears, please hold it down for another month so I can get a bunch more money in that I have coming. :P

Noooooooooooo!

You may have a gambling problem.
Title: Re: Bitshares price discussion
Post by: NewMine on August 30, 2015, 02:14:06 pm
(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http:%2F%2F4.bp.blogspot.com%2F-wFpHpqHGdqI%2FTm1WrhVG0XI%2FAAAAAAAASGs%2FoqDT9rAUra0%2Fs1600%2F42-23902488.jpg&sp=342c21711705812fe832815b1756aefe)




my wild guess...

[EDIT] I have a feeling that Newmine will make his appearance very soon...  :D

And why is that? Been here the whole time barely posting and this thing has dropped like Skylab.
Title: Re: Bitshares price discussion
Post by: mf-tzo on August 30, 2015, 03:21:55 pm
I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..
Title: Re: Bitshares price discussion
Post by: xeroc on August 30, 2015, 03:44:41 pm
I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..
maybe cryptsy is dumping "their" sharedropped BTS
Title: Re: Bitshares price discussion
Post by: alt on August 30, 2015, 04:00:24 pm
almost all people think BTS share holders want the price up, it's wrong very much.
there are some people, they have many  many BTS, but all these BTS is not belong to themself,  in fact they owe much BTS.
I told many times, we must withdraw the BTS from exchange which refuse to  prove they have 100% backup.
but it's not work, more and more BTS have borrowed to these bad people, and the price have to  drop  continue.
I am waiting the bubble bomb. I think this will happen when BTS2.0  release.

I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..
Title: Re: Bitshares price discussion
Post by: Helikopterben on August 30, 2015, 04:10:07 pm
It would be interesting to see data on short interest at poloniex.  Poloniex now has 43% of total volume for bts. 
Title: Re: Bitshares price discussion
Post by: chryspano on August 30, 2015, 04:22:14 pm
And why is that? Been here the whole time barely posting and this thing has dropped like Skylab.

You just confirmed your role on this forum one more time.  :)

(http://i.imgur.com/3HpLfo5.jpg)
Title: Re: Bitshares price discussion
Post by: Ander on August 30, 2015, 04:41:20 pm
It would be interesting to see data on short interest at poloniex.  Poloniex now has 43% of total volume for bts.

It was really high earlier this week but has gone back down now.  You cant get exact numbers but you can tell in general if many poeple are shorting or not based on what the loan rate is.
Title: Re: Bitshares price discussion
Post by: Ander on August 30, 2015, 04:50:38 pm
I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..

The platform right now isnt working for many people.  I cant get the client to sync right now, for example.

We really need 2.0 to solve all the client issues and give us a usable product.    But its going to happen, they are pretty close and have already shown us what its going to be like.
Title: Re: Bitshares price discussion
Post by: Ander on August 30, 2015, 04:56:16 pm
almost all people think BTS share holders want the price up, it's wrong very much.
there are some people, they have many  many BTS, but all these BTS is not belong to themself,  in fact they owe much BTS.
I told many times, we must withdraw the BTS from exchange which refuse to  prove they have 100% backup.
but it's not work, more and more BTS have borrowed to these bad people, and the price have to  drop  continue.
I am waiting the bubble bomb. I think this will happen when BTS2.0  release.

Any entity that actually owed a bunch of BTS to others isnt a shareholder, they would be short.

Are you referring to btc38?  At lest we know that their cold wallet address has a lot of BTS in it.

A ton of volume has left btc38 and moved to poloniex.  I believe polo is overtaking them and becoming the #1 BTS exchange.
Title: Re: Bitshares price discussion
Post by: NewMine on August 30, 2015, 05:02:34 pm
I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..

It really is preservation of capital.

With the stock markets dropping 5-10% in a day and bitcoin losing 30% in a few weeks, people are preserving capital and exiting the risky "investments" because fear is high.

Couple that with the complete uncertainty of Cryptonomex future alignments, aka the bank talk, and you have a recipe for stagnation. Let's also not forget about all the broken promises, failed deadlines, unusable current product and hints of grandiose things that never came to. People are rightfully skeptical and price has definitely reflected that.

There really is no mystery why.  There have been other good ideas by companies who were better run that failed too. Timing, marketing, competition are all categories that could cause failure and Bitshares whatever is failing with all three and more.
Title: Re: Bitshares price discussion
Post by: NewMine on August 30, 2015, 05:03:42 pm
And why is that? Been here the whole time barely posting and this thing has dropped like Skylab.

You just confirmed your role on this forum one more time.  :)

(http://i.imgur.com/3HpLfo5.jpg)

The end of the upturn or downturn?
Title: Re: Bitshares price discussion
Post by: montpelerin on August 30, 2015, 05:38:55 pm
I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..

It really is preservation of capital.

With the stock markets dropping 5-10% in a day and bitcoin losing 30% in a few weeks, people are preserving capital and exiting the risky "investments" because fear is high.

Couple that with the complete uncertainty of Cryptonomex future alignments, aka the bank talk, and you have a recipe for stagnation. Let's also not forget about all the broken promises, failed deadlines, unusable current product and hints of grandiose things that never came to. People are rightfully skeptical and price has definitely reflected that.

There really is no mystery why.  There have been other good ideas by companies who were better run that failed too. Timing, marketing, competition are all categories that could cause failure and Bitshares whatever is failing with all three and more.

You could've just said "typical software development".

What is very unfortunate about the small holders that have been spooked by people like you (especially you) is that most of them have most probably never been involved in a software development project before and don't understand that these kind of delays are not only completely normal, but should be expected and planned for.

Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.

How many crypto decentralized exchanges had been built before Bitshares?
Yeah.

What's more interesting about Bitshares is that there actually exists a functioning client and blockchain that has been operating for over a year (with a functioning GUI  :o !!!) - and is about to release with a rewritten, more functional and streamlined version within the next 2-3 months (any somewhat experienced investor should not flinch if it were to take longer). The funny thing here is that you are probably the single most responsible one here at shaking out the weak hands (ie - making the poor, poorer and the rich, richer)

But keep at it, by all means - Mr. Numine - you have certainly helped people like me obtain far more BTS than I would have thought possible last year at this time. What you have been doing might be very good for you and the people that can easily see through you, but you are hurting those that can't - and you know what you are doing.

I just can't believe so many here let you slide with it until now.

It's one thing to take advantage of personal knowledge for personal gain - it's completely different to bait those lacking knowledge with FUD.

Monty

 ;)


Title: Re: Bitshares price discussion
Post by: Ander on August 30, 2015, 06:17:34 pm
If BTS ever gets back to 2 cents, I will make a big thread thanking NewMine for fudding enough people out of Bitshares to get it down this low and let me buy cheap shares. :P
If last November, Bitshares had gone to the moon, I would have made a bit of money.  If it does it now though, I'll make a ton.  I probably have more than 10x as many BTS now as I did back then.
Title: Re: Bitshares price discussion
Post by: Ander on August 30, 2015, 06:21:50 pm
Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.


I agree, but the TS dev eam shouldve maybe tried to be a bit more realistic with their announcements.  They suffer from planning fallacy pretty bad it seems. 
Ethereum managed to be only like 6 months late, but Bitshares is closer to a year late on promises now. :P

Still, it just shows you how hard what we are doing is, and how difficult it will be for anyone else to copy it and compete.
Title: Re: Bitshares price discussion
Post by: montpelerin on August 30, 2015, 07:00:27 pm
Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.


I agree, but the TS dev eam shouldve maybe tried to be a bit more realistic with their announcements.  They suffer from planning fallacy pretty bad it seems. 
Ethereum managed to be only like 6 months late, but Bitshares is closer to a year late on promises now. :P

Still, it just shows you how hard what we are doing is, and how difficult it will be for anyone else to copy it and compete.

This depends on your perception, I believe.

Project coordinators dream about having software developers with the work ethic, foresight and ability to continuously re-examine the current status of their product half as good as this team has demonstrated. What you don't want is developers without ambition, because that is all you're asking for with a more "realistic" and longer estimated development time.

This is the part of the calculation that must be done on the investor end (this is also the part that newmine is using to abuse those with less experience).

As far as I am concerned, and as someone who has been around everyday since the beginning (this is not meant to be said as holier-than-thou, merely that I have been around from the original promises to today - everyday), BTSX launch + immediate repairs = delivered product. What we are seeing with 2.0 is an extra and improved build on the original which has been had for mere scraps of dilution.

Whatever promises each investing individual were most valuing and counting on are also not clear - the fact that they are not set in stone is one of the most positive aspects of Bitshares and bytemaster's leadership. Bitshares has swerved and pivoted when new information became available. This development has been a continuous evolution, if bytemaster had been so hard headed as to stick to the initial day 1 plans, it's very possible this project would be all but dead and everybody's investment would be much closer to zero.

As far as I am concerned, Ethereum has not yet launched.

Can you imagine the backlash bytemaster and team would have received merely suggesting an "official" launch without a GUI?



Title: Re: Bitshares price discussion
Post by: Ander on August 30, 2015, 07:08:49 pm
I do think what we will get in 2.0 is going to be worth all of this wait, for sure.  Most of the pivoting was a great idea, even if painful. 

While I wish the announced dates for things were closer to reality, by now I know that I jut have to wait until they are missed, and then buy cheap BTS, and then profit later when they actually happen. ;)
Title: Re: Bitshares price discussion
Post by: Ben Mason on August 30, 2015, 08:34:17 pm
Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.


I agree, but the TS dev eam shouldve maybe tried to be a bit more realistic with their announcements.  They suffer from planning fallacy pretty bad it seems. 
Ethereum managed to be only like 6 months late, but Bitshares is closer to a year late on promises now. :P

Still, it just shows you how hard what we are doing is, and how difficult it will be for anyone else to copy it and compete.

This depends on your perception, I believe.

Project coordinators dream about having software developers with the work ethic, foresight and ability to continuously re-examine the current status of their product half as good as this team has demonstrated. What you don't want is developers without ambition, because that is all you're asking for with a more "realistic" and longer estimated development time.

This is the part of the calculation that must be done on the investor end (this is also the part that newmine is using to abuse those with less experience).

As far as I am concerned, and as someone who has been around everyday since the beginning (this is not meant to be said as holier-than-thou, merely that I have been around from the original promises to today - everyday), BTSX launch + immediate repairs = delivered product. What we are seeing with 2.0 is an extra and improved build on the original which has been had for mere scraps of dilution.

Whatever promises each investing individual were most valuing and counting on are also not clear - the fact that they are not set in stone is one of the most positive aspects of Bitshares and bytemaster's leadership. Bitshares has swerved and pivoted when new information became available. This development has been a continuous evolution, if bytemaster had been so hard headed as to stick to the initial day 1 plans, it's very possible this project would be all but dead and everybody's investment would be much closer to zero.

As far as I am concerned, Ethereum has not yet launched.

Can you imagine the backlash bytemaster and team would have received merely suggesting an "official" launch without a GUI?
Really well said. I couldn't agree more. Even without Bitshares2.0/Graphene, what the dev team and supporting community members have accomplished to date is monumental. For that reason, it feels like an ocean of potential will soon be released.
Title: Re: Bitshares price discussion
Post by: jsidhu on August 30, 2015, 11:18:31 pm
I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..

It really is preservation of capital.

With the stock markets dropping 5-10% in a day and bitcoin losing 30% in a few weeks, people are preserving capital and exiting the risky "investments" because fear is high.

Couple that with the complete uncertainty of Cryptonomex future alignments, aka the bank talk, and you have a recipe for stagnation. Let's also not forget about all the broken promises, failed deadlines, unusable current product and hints of grandiose things that never came to. People are rightfully skeptical and price has definitely reflected that.

There really is no mystery why.  There have been other good ideas by companies who were better run that failed too. Timing, marketing, competition are all categories that could cause failure and Bitshares whatever is failing with all three and more.

You could've just said "typical software development".

What is very unfortunate about the small holders that have been spooked by people like you (especially you) is that most of them have most probably never been involved in a software development project before and don't understand that these kind of delays are not only completely normal, but should be expected and planned for.

Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.

How many crypto decentralized exchanges had been built before Bitshares?
Yeah.

What's more interesting about Bitshares is that there actually exists a functioning client and blockchain that has been operating for over a year (with a functioning GUI  :o !!!) - and is about to release with a rewritten, more functional and streamlined version within the next 2-3 months (any somewhat experienced investor should not flinch if it were to take longer). The funny thing here is that you are probably the single most responsible one here at shaking out the weak hands (ie - making the poor, poorer and the rich, richer)

But keep at it, by all means - Mr. Numine - you have certainly helped people like me obtain far more BTS than I would have thought possible last year at this time. What you have been doing might be very good for you and the people that can easily see through you, but you are hurting those that can't - and you know what you are doing.

I just can't believe so many here let you slide with it until now.

It's one thing to take advantage of personal knowledge for personal gain - it's completely different to bait those lacking knowledge with FUD.

Monty

 ;)
I think in amateur software yes but after you are experienced an estimate gets better.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on August 30, 2015, 11:47:56 pm
Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.


I agree, but the TS dev eam shouldve maybe tried to be a bit more realistic with their announcements.  They suffer from planning fallacy pretty bad it seems. 
Ethereum managed to be only like 6 months late, but Bitshares is closer to a year late on promises now. :P

Still, it just shows you how hard what we are doing is, and how difficult it will be for anyone else to copy it and compete.

This depends on your perception, I believe.

Project coordinators dream about having software developers with the work ethic, foresight and ability to continuously re-examine the current status of their product half as good as this team has demonstrated. What you don't want is developers without ambition, because that is all you're asking for with a more "realistic" and longer estimated development time.

This is the part of the calculation that must be done on the investor end (this is also the part that newmine is using to abuse those with less experience).

As far as I am concerned, and as someone who has been around everyday since the beginning (this is not meant to be said as holier-than-thou, merely that I have been around from the original promises to today - everyday), BTSX launch + immediate repairs = delivered product. What we are seeing with 2.0 is an extra and improved build on the original which has been had for mere scraps of dilution.

Whatever promises each investing individual were most valuing and counting on are also not clear - the fact that they are not set in stone is one of the most positive aspects of Bitshares and bytemaster's leadership. Bitshares has swerved and pivoted when new information became available. This development has been a continuous evolution, if bytemaster had been so hard headed as to stick to the initial day 1 plans, it's very possible this project would be all but dead and everybody's investment would be much closer to zero.

As far as I am concerned, Ethereum has not yet launched.

Can you imagine the backlash bytemaster and team would have received merely suggesting an "official" launch without a GUI?

(http://i57.tinypic.com/2cdwhzb.jpg)
Title: Re: Bitshares price discussion
Post by: NewMine on August 31, 2015, 02:44:12 am
I really don't get it...Who on earth is selling BTS at these prices? How is that even possible..
I can partially understand selling btc due to the whole confusion with XT maybe but why whould someone sell BTS now? I mean even CNX never comes out how is it possible that BTS is valued so low? We have a working platform with various bitassets and yet BTS is falling..I simply don't get this..

It really is preservation of capital.

With the stock markets dropping 5-10% in a day and bitcoin losing 30% in a few weeks, people are preserving capital and exiting the risky "investments" because fear is high.

Couple that with the complete uncertainty of Cryptonomex future alignments, aka the bank talk, and you have a recipe for stagnation. Let's also not forget about all the broken promises, failed deadlines, unusable current product and hints of grandiose things that never came to. People are rightfully skeptical and price has definitely reflected that.

There really is no mystery why.  There have been other good ideas by companies who were better run that failed too. Timing, marketing, competition are all categories that could cause failure and Bitshares whatever is failing with all three and more.

You could've just said "typical software development".

What is very unfortunate about the small holders that have been spooked by people like you (especially you) is that most of them have most probably never been involved in a software development project before and don't understand that these kind of delays are not only completely normal, but should be expected and planned for.

Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.

How many crypto decentralized exchanges had been built before Bitshares?
Yeah.

What's more interesting about Bitshares is that there actually exists a functioning client and blockchain that has been operating for over a year (with a functioning GUI  :o !!!) - and is about to release with a rewritten, more functional and streamlined version within the next 2-3 months (any somewhat experienced investor should not flinch if it were to take longer). The funny thing here is that you are probably the single most responsible one here at shaking out the weak hands (ie - making the poor, poorer and the rich, richer)

But keep at it, by all means - Mr. Numine - you have certainly helped people like me obtain far more BTS than I would have thought possible last year at this time. What you have been doing might be very good for you and the people that can easily see through you, but you are hurting those that can't - and you know what you are doing.

I just can't believe so many here let you slide with it until now.

It's one thing to take advantage of personal knowledge for personal gain - it's completely different to bait those lacking knowledge with FUD.

Monty

 ;)
Hey Munty, whatever makes you feel nice and toasty inside with your poor investment decisions.

You should visit the technical help threads if you really think the current client/GUI is working fine.

As for shitty Ethereum, according to your qualifications for Bitshares, ETH meets them too.  They have a functioning blockchain.

Title: Re: Bitshares price discussion
Post by: Helikopterben on August 31, 2015, 03:43:46 am
Pro tip: If any software developer promises delivery in 2 months, expect 4. 8 months? Expect 16.
Add extra cushion for degree of difficulty.


I agree, but the TS dev eam shouldve maybe tried to be a bit more realistic with their announcements.  They suffer from planning fallacy pretty bad it seems. 
Ethereum managed to be only like 6 months late, but Bitshares is closer to a year late on promises now. :P

Still, it just shows you how hard what we are doing is, and how difficult it will be for anyone else to copy it and compete.

This depends on your perception, I believe.

Project coordinators dream about having software developers with the work ethic, foresight and ability to continuously re-examine the current status of their product half as good as this team has demonstrated. What you don't want is developers without ambition, because that is all you're asking for with a more "realistic" and longer estimated development time.

This is the part of the calculation that must be done on the investor end (this is also the part that newmine is using to abuse those with less experience).

As far as I am concerned, and as someone who has been around everyday since the beginning (this is not meant to be said as holier-than-thou, merely that I have been around from the original promises to today - everyday), BTSX launch + immediate repairs = delivered product. What we are seeing with 2.0 is an extra and improved build on the original which has been had for mere scraps of dilution.

Whatever promises each investing individual were most valuing and counting on are also not clear - the fact that they are not set in stone is one of the most positive aspects of Bitshares and bytemaster's leadership. Bitshares has swerved and pivoted when new information became available. This development has been a continuous evolution, if bytemaster had been so hard headed as to stick to the initial day 1 plans, it's very possible this project would be all but dead and everybody's investment would be much closer to zero.

As far as I am concerned, Ethereum has not yet launched.

Can you imagine the backlash bytemaster and team would have received merely suggesting an "official" launch without a GUI?

As investors, do we really think this next iteration will be the final version?  I have my doubts.  I have a feeling MPA's will be difficult to get right, but eventually the correct formula will be found.  Bitshares has been rebooted twice now.  First with the "merger" and now with 2.0.  I could foresee another reboot being necessary if this next version doesn't go exactly according to plan, but at least the dev team is willing to take on that task if necessary and not just try to patch things up if it doesn't work.

Ethereum has done a better job at underpromising and overdelivering, marketing 101.  They basically have told average users to stay far, far away with the frontier release.  In hindsight, bitshares should have done the same with their first release.  Realistically, both projects are probably near the same stage of development.  Ethereum has said it would be another year before a fairly stable user version is available.  I would expect bitshares to follow the same trajectory.  In 5 years we should have stable platforms for which to conduct all things finance, but it is just unrealistic to expect it anytime soon.  Who knows, maybe 2.0 will overdeliver, but it will be hard to overcome the hype yet again.
Title: Re: Bitshares price discussion
Post by: Riverhead on August 31, 2015, 03:52:36 am
Ethereum has said it would be another year before a fairly stable user version is available.  I would expect bitshares to follow the same trajectory.  In 5 years we should have stable platforms for which to conduct all things finance, but it is just unrealistic to expect it anytime soon.  Who knows, maybe 2.0 will overdeliver, but it will be hard to overcome the hype yet again.

Success means different things to different people. For this project alone success to some is if we get anyone outside of the crypto community to pause and critically think about their financial environment. For others the market cap needs to reach $1BB USD before it's considered a success.

If we look at ambitious software projects that have stood on the shoulders of giants (OSX->FreeBSD, Windows->Xerox, Linux->Unix, BTS->BTC) "success" came long before what anyone would consider a viable product.

For me success means I can work in crypto full time and support the lifestyle my current corporate gig provides. I think the timeline on that is much shorter than five years for those willing to put a bit of sweat equity into a project.
Title: Re: Bitshares price discussion
Post by: cube on August 31, 2015, 04:59:22 am
...
Ethereum has done a better job at underpromising and overdelivering, marketing 101.  They basically have told average users to stay far, far away with the frontier release.  In hindsight, bitshares should have done the same with their first release.  Realistically, both projects are probably near the same stage of development.
...

I think we can take a leaf out of Ethereum's 'under promised and over delivered' approach.  Investors jumped in joyful celebration when Ethereum delivered their first working version.

Bitshares or rather CNX has 'promised' a number of new features with BTS 2.0 - '1 second block intervals', 'over 100,000 transactions per second', 'user-friendly hosted wallet interface', 'financial smart contract features', 'tools for community feedback', 'referral system', 'developer-friendly and extensible codebase', and 'Transferable Named Accounts'.

Investors are not too happy but OK with the promised features delivered 2-month late, 6-month late or even 1-year later than the estimated delivery date - as long as Bitshares delivers all these wonderful promised features.  But they are certainly NOT OK with a 2-month or 6-month late delivery with one or worst, more of the promised features removed or reduced with so-called compromises. 

Let's surprise our investors with 'over joy' rather than 'deep disappointment'.



Title: Re: Bitshares price discussion
Post by: montpelerin on August 31, 2015, 05:17:47 am
I think in amateur software yes but after you are experienced an estimate gets better.

I agree.

However, I don't think anybody here can truly be called "experienced" - this is all new stuff, and many of these achievements are completely new.

I'd expect that bytemaster's/CNX's estimates for custom plug and tweak enterprise chains will be much more accurate in the next few years as he gains more experience.
Title: Re: Bitshares price discussion
Post by: montpelerin on August 31, 2015, 05:36:40 am
Ethereum has done a better job at underpromising and overdelivering, marketing 101.  They basically have told average users to stay far, far away with the frontier release.  In hindsight, bitshares should have done the same with their first release.  Realistically, both projects are probably near the same stage of development.  Ethereum has said it would be another year before a fairly stable user version is available.  I would expect bitshares to follow the same trajectory.  In 5 years we should have stable platforms for which to conduct all things finance, but it is just unrealistic to expect it anytime soon.  Who knows, maybe 2.0 will overdeliver, but it will be hard to overcome the hype yet again.

I really think perceptions and community expectations and changes are playing a lot more into what you are saying than what was originally promised. I may be completely wrong, as I give Ethereum about 5% the amount of attention I give Bitshares, but during their fundraiser, did they claim that average users would have to stay far, far away from their first official release? What was their original promise?  What did they deliver?  How the heck is that Marketing 101? I would suggest that their developer names, personal networking and community environment has a lot more to do with the massive forgiveness I've seen regarding that release.

Again, perceptions.

I'm still confused at how anybody can consider their current release as official - I think it does show some computer programmers can live comfortably inside their own small world by managing to interpret a CLI as an official release, while the rest (the probable majority of people that actually financed the project) have no realistic way to access the network.

Aside from that, I do think your listed time frame is probably a lot more accurate for heavy hitters and investment (but I wouldn't mind it come sooner  ;) )
Title: Re: Bitshares price discussion
Post by: Helikopterben on August 31, 2015, 01:15:40 pm
I really think perceptions and community expectations and changes are playing a lot more into what you are saying than what was originally promised. I may be completely wrong, as I give Ethereum about 5% the amount of attention I give Bitshares, but during their fundraiser, did they claim that average users would have to stay far, far away from their first official release? What was their original promise?  What did they deliver?  How the heck is that Marketing 101? I would suggest that their developer names, personal networking and community environment has a lot more to do with the massive forgiveness I've seen regarding that release.

Again, perceptions.

I remember the ethereum camp saying things such as "the initial stages will have many bugs and problems, if there is ever an initial release at all."  - not exact quotes, and the bitshares camp saying things such as "there will be many separate blockchains for many different functions and if you buy pts, then you get a stake in all of it."  That obviously never happened.  Maybe i just perceive ethereum as being much more conservative and realistic in their approach and I could really care less about PR, but other people might care. 

Anyway, i am much more heavily invested in bts because I think the tech and vision is simply better at solving many of the greatest financial problems that have plagued mankind for centuries, and that is very exciting to be a part of.
Title: Re: Bitshares price discussion
Post by: phillyguy on August 31, 2015, 06:57:58 pm
...
Ethereum has done a better job at underpromising and overdelivering, marketing 101.  They basically have told average users to stay far, far away with the frontier release.  In hindsight, bitshares should have done the same with their first release.  Realistically, both projects are probably near the same stage of development.
...

I think we can take a leaf out of Ethereum's 'under promised and over delivered' approach.  Investors jumped in joyful celebration when Ethereum delivered their first working version.

Bitshares or rather CNX has 'promised' a number of new features with BTS 2.0 - '1 second block intervals', 'over 100,000 transactions per second', 'user-friendly hosted wallet interface', 'financial smart contract features', 'tools for community feedback', 'referral system', 'developer-friendly and extensible codebase', and 'Transferable Named Accounts'.

Investors are not too happy but OK with the promised features delivered 2-month late, 6-month late or even 1-year later than the estimated delivery date - as long as Bitshares delivers all these wonderful promised features.  But they are certainly NOT OK with a 2-month or 6-month late delivery with one or worst, more of the promised features removed or reduced with so-called compromises. 

Let's surprise our investors with 'over joy' rather than 'deep disappointment'.

Well said!
Title: Re: Bitshares price discussion
Post by: karnal on August 31, 2015, 08:37:27 pm
...
Ethereum has done a better job at underpromising and overdelivering, marketing 101.  They basically have told average users to stay far, far away with the frontier release.  In hindsight, bitshares should have done the same with their first release.  Realistically, both projects are probably near the same stage of development.
...

I think we can take a leaf out of Ethereum's 'under promised and over delivered' approach.  Investors jumped in joyful celebration when Ethereum delivered their first working version.

Bitshares or rather CNX has 'promised' a number of new features with BTS 2.0 - '1 second block intervals', 'over 100,000 transactions per second', 'user-friendly hosted wallet interface', 'financial smart contract features', 'tools for community feedback', 'referral system', 'developer-friendly and extensible codebase', and 'Transferable Named Accounts'.

Investors are not too happy but OK with the promised features delivered 2-month late, 6-month late or even 1-year later than the estimated delivery date - as long as Bitshares delivers all these wonderful promised features.  But they are certainly NOT OK with a 2-month or 6-month late delivery with one or worst, more of the promised features removed or reduced with so-called compromises. 

Let's surprise our investors with 'over joy' rather than 'deep disappointment'.

Well said!

+5%
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 01, 2015, 04:26:24 am
In hindsight, bitshares should have done the same with their first release.

Quote from: https://bitsharestalk.org/index.php?topic=7962.0
So this *GENERAL WARNING* is placed here as a caution to all:

BitShares is an industry under development.
You have a chance to participate in that development.

Its products are highly experimental, immature, and full of bugs.
They have been made available so early adopters can help test them.
They are likely to break on you at the worst possible time.
You should not trust them.
You should double check everything they do.
You should experiment with very small amounts before doing anything big.
You should not do anything big.
You should realize that what worked yesterday should be double-checked today.

We could wait until it is perfect before letting you participate.
But by then the rewards you might get would be reduced by as much as the risks.

That's why the disclaimer you accepted before you could first launch the software warned that the software comes with no guarantees to be good for anything at all.


Yeah @Stan why didn't you warn us?!  :P

Title: Re: Bitshares price discussion
Post by: lakerta06 on September 01, 2015, 06:08:52 am
In hindsight, bitshares should have done the same with their first release.

Quote from: https://bitsharestalk.org/index.php?topic=7962.0
So this *GENERAL WARNING* is placed here as a caution to all:

BitShares is an industry under development.
You have a chance to participate in that development.

Its products are highly experimental, immature, and full of bugs.
They have been made available so early adopters can help test them.
They are likely to break on you at the worst possible time.
You should not trust them.
You should double check everything they do.
You should experiment with very small amounts before doing anything big.
You should not do anything big.
You should realize that what worked yesterday should be double-checked today.

We could wait until it is perfect before letting you participate.
But by then the rewards you might get would be reduced by as much as the risks.

That's why the disclaimer you accepted before you could first launch the software warned that the software comes with no guarantees to be good for anything at all.


Yeah @Stan why didn't you warn us?!  :P

Uhmm, is this the part, when someone posts "apply ice to the burnt area" meme? :p
Title: Re: Bitshares price discussion
Post by: Helikopterben on September 01, 2015, 01:50:38 pm
In hindsight, bitshares should have done the same with their first release.

Quote from: https://bitsharestalk.org/index.php?topic=7962.0
So this *GENERAL WARNING* is placed here as a caution to all:

BitShares is an industry under development.
You have a chance to participate in that development.

Its products are highly experimental, immature, and full of bugs.
They have been made available so early adopters can help test them.
They are likely to break on you at the worst possible time.
You should not trust them.
You should double check everything they do.
You should experiment with very small amounts before doing anything big.
You should not do anything big.
You should realize that what worked yesterday should be double-checked today.

We could wait until it is perfect before letting you participate.
But by then the rewards you might get would be reduced by as much as the risks.

That's why the disclaimer you accepted before you could first launch the software warned that the software comes with no guarantees to be good for anything at all.


Yeah @Stan why didn't you warn us?!  :P

Good point

edit:  but I was mostly referring to the release of ags and pts, which was much earlier than that post
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 01, 2015, 01:59:28 pm
Uhmm, is this the part, when someone posts "apply ice to the burnt area" meme? :p

(http://cdn.makeagif.com/media/6-25-2014/SK2r4y.gif)
Title: Re: Bitshares price discussion
Post by: Ander on September 01, 2015, 06:08:21 pm
Got some sub 1500 satoshis BTS.

I'm getting some money in, in a couple weeks.
Now I need some good newmine FUD to hold it down until then. :P

Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 01, 2015, 06:16:54 pm
Now I need some good newmine FUD to hold it down until then. :P

I don't think that's possible at this point. We'll be moving up soonTM.
Title: Re: Bitshares price discussion
Post by: Ander on September 01, 2015, 06:31:52 pm
Now I need some good newmine FUD to hold it down until then. :P

I don't think that's possible at this point. We'll be moving up soonTM.

Two more weeks, come on!

(Or is it just reverse psychology? If I root for BTS to stay down, will it finally rise?)
Title: Re: Bitshares price discussion
Post by: EstefanTT on September 02, 2015, 05:56:40 pm
Now I need some good newmine FUD to hold it down until then. :P

I don't think that's possible at this point. We'll be moving up soonTM.

Two more weeks, come on!

(Or is it just reverse psychology? If I root for BTS to stay down, will it finally rise?)

That's getting very ugly for you Ander. Check the walls on poloniex, the bottom is "happenning" ! Sellers are running away and buyers are piling up ...
I guess this is are the very last time you can buy so low.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 02, 2015, 06:05:28 pm
Now I need some good newmine FUD to hold it down until then. :P

I don't think that's possible at this point. We'll be moving up soonTM.

Two more weeks, come on!

(Or is it just reverse psychology? If I root for BTS to stay down, will it finally rise?)

That's getting very ugly for you Ander. Check the walls on poloniex, the bottom is "happenning" ! Sellers are running away and buyers are piling up ...
I guess this is are the very last time you can buy so low.

"This is the very last time you can buy so low" has been said every week for over a year and it continues to make new lows...  Bts has eaten bottom pickers alive.  Don't be surprised to see 5 or 6 million market cap.
Title: Re: Bitshares price discussion
Post by: EstefanTT on September 02, 2015, 06:15:39 pm
Now I need some good newmine FUD to hold it down until then.

I don't think that's possible at this point. We'll be moving up soonTM.

Two more weeks, come on!

(Or is it just reverse psychology? If I root for BTS to stay down, will it finally rise?)

That's getting very ugly for you Ander. Check the walls on poloniex, the bottom is "happenning" ! Sellers are running away and buyers are piling up ...
I guess this is are the very last time you can buy so low.

"This is the very last time you can buy so low" has been said every week for over a year and it continues to make new lows...  Bts has eaten bottom pickers alive.  Don't be surprised to see 5 or 6 million market cap.
Well .. Indeed ... you are very right !

But this time is different because I feel it ! (lol)
Title: Re: Bitshares price discussion
Post by: Ander on September 02, 2015, 06:17:08 pm
Now I need some good newmine FUD to hold it down until then. :P

I don't think that's possible at this point. We'll be moving up soonTM.

Two more weeks, come on!

(Or is it just reverse psychology? If I root for BTS to stay down, will it finally rise?)

That's getting very ugly for you Ander. Check the walls on poloniex, the bottom is "happenning" ! Sellers are running away and buyers are piling up ...
I guess this is are the very last time you can buy so low.

;)
Title: Re: Bitshares price discussion
Post by: Ander on September 02, 2015, 06:20:01 pm
Running out of opportunities to buy low will never be a bad thing for me.  I am really tired of opportunities to buy low.
Title: Re: Bitshares price discussion
Post by: Helikopterben on September 02, 2015, 08:59:07 pm
Now I need some good newmine FUD to hold it down until then. :P

I don't think that's possible at this point. We'll be moving up soonTM.

Two more weeks, come on!

(Or is it just reverse psychology? If I root for BTS to stay down, will it finally rise?)

That's getting very ugly for you Ander. Check the walls on poloniex, the bottom is "happenning" ! Sellers are running away and buyers are piling up ...
I guess this is are the very last time you can buy so low.

"This is the very last time you can buy so low" has been said every week for over a year and it continues to make new lows...  Bts has eaten bottom pickers alive.  Don't be surprised to see 5 or 6 million market cap.

(https://pbs.twimg.com/media/B6CqatWIYAIVDVp.png)

I think we are pretty much looking at a bottom here.  I wouldn't be surprised to see 2000 sat next week.  Daily macd just turned green.  If it does drop to 5 or 6 million market cap, then I will buy more, assuming nothing has changed fundamentally.  Somebody has to mop up all these cheap bts  ;D. 

Pro tip:  always keep some cash on hand in case prices get even cheaper.  NEVER go all in.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 02, 2015, 11:00:31 pm
Now I need some good newmine FUD to hold it down until then. :P

I don't think that's possible at this point. We'll be moving up soonTM.

Two more weeks, come on!

(Or is it just reverse psychology? If I root for BTS to stay down, will it finally rise?)

That's getting very ugly for you Ander. Check the walls on poloniex, the bottom is "happenning" ! Sellers are running away and buyers are piling up ...
I guess this is are the very last time you can buy so low.

"This is the very last time you can buy so low" has been said every week for over a year and it continues to make new lows...  Bts has eaten bottom pickers alive.  Don't be surprised to see 5 or 6 million market cap.

(https://pbs.twimg.com/media/B6CqatWIYAIVDVp.png)

I think we are pretty much looking at a bottom here.  I wouldn't be surprised to see 2000 sat next week.  Daily macd just turned green.  If it does drop to 5 or 6 million market cap, then I will buy more, assuming nothing has changed fundamentally.  Somebody has to mop up all these cheap bts  ;D. 

Pro tip:  always keep some cash on hand in case prices get even cheaper.  NEVER go all in.

All the MACD has done is work off an oversold condition by moving sideways... That is BEARISH
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 03, 2015, 01:59:04 am
But this time is different because I feel it ! (lol)

(http://i.imgur.com/3YSPkFg.gif)
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 03, 2015, 02:01:17 am
All the MACD has done is work off an oversold condition by moving sideways... That is BEARISH

(https://i.imgur.com/1kVlYL7.gif)
Title: Re: Bitshares price discussion
Post by: kenCode on September 03, 2015, 06:47:12 am
As you guys know, this is a once in a lifetime opportunity that we have with BTS.
Tuesday morning on Wall Street is going to be messy I think.
 
If you have 50K BTS and the price explodes to $1.00, what will you do?
Start trading into bitGOLD? NOTE? ...bitUSD? ???
Securing gains when we know fiats are crashing hard steers me away from bitUSD, bitEUR, etc.
 
We know the gold pm has been suppressed for decades so trading into bitGOLD on the bts price increase makes sense to me.
Cryptosmith bit the dust, and I live in europe anyways, so getting any kind of physical delivery is out.
I guess I could cash some out into fiat and go get a berkey and some cases of mre's at the surplus store.
 
Seriously though, what are some good options for action during each BTS price pop?
Title: Re: Bitshares price discussion
Post by: jsidhu on September 03, 2015, 07:01:59 am
As you guys know, this is a once in a lifetime opportunity that we have with BTS.
Tuesday morning on Wall Street is going to be messy I think.
 
If you have 50K BTS and the price explodes to $1.00, what will you do?
Start trading into bitGOLD? NOTE? ...bitUSD? ???
Securing gains when we know fiats are crashing hard steers me away from bitUSD, bitEUR, etc.
 
We know the gold pm has been suppressed for decades so trading into bitGOLD on the bts price increase makes sense to me.
Cryptosmith bit the dust, and I live in europe anyways, so getting any kind of physical delivery is out.
I guess I could cash some out into fiat and go get a berkey and some cases of mre's at the surplus store.
 
Seriously though, what are some good options for action during each BTS price pop?
Just hold bts through and through
Title: Re: Bitshares price discussion
Post by: chryspano on September 03, 2015, 09:19:08 am

I think we are pretty much looking at a bottom here.  I wouldn't be surprised to see 2000 sat next week.  Daily macd just turned green.  If it does drop to 5 or 6 million market cap, then I will buy more, assuming nothing has changed fundamentally. Somebody has to mop up all these cheap bts  ;D. 

Pro tip:  always keep some cash on hand in case prices get even cheaper.  NEVER go all in.

Haven't you heard the news? bitshares 2.0 will be ready in a few months at most and the price will crash really hard when this happens!

Sell now while you still can! when bts 2.0 launch it will be too late to sell!!

"The market" is bearish!

newmine aproves panic selling!

The sky is falling!

The planets are alligned!

What else are you waiting for ? SELL YOUR DAMN BTS RIGHT NOW!!!


Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 03, 2015, 09:40:22 am

I think we are pretty much looking at a bottom here.  I wouldn't be surprised to see 2000 sat next week.  Daily macd just turned green.  If it does drop to 5 or 6 million market cap, then I will buy more, assuming nothing has changed fundamentally. Somebody has to mop up all these cheap bts  ;D. 

Pro tip:  always keep some cash on hand in case prices get even cheaper.  NEVER go all in.

Haven't you heard the news? bitshares 2.0 will be ready in a few months at most and the price will crash really hard when this happens!

Sell now while you still can! when bts 2.0 launch it will be too late to sell!!

"The market" is bearish!

newmine aproves panic selling!

The sky is falling!

The planets are alligned!

What else are you waiting for ? SELL YOUR DAMN BTS RIGHT NOW!!!

(http://stream1.gifsoup.com/view5/2267489/titanic-violins-1-o.gif)
 :P
Title: Re: Bitshares price discussion
Post by: liondani on September 04, 2015, 12:49:12 pm
As you guys know, this is a once in a lifetime opportunity that we have with BTS.
Tuesday morning on Wall Street is going to be messy I think.
 
If you have 50K BTS and the price explodes to $1.00, what will you do?
Start trading into bitGOLD? NOTE? ...bitUSD? ???
Securing gains when we know fiats are crashing hard steers me away from bitUSD, bitEUR, etc.
 
We know the gold pm has been suppressed for decades so trading into bitGOLD on the bts price increase makes sense to me.
Cryptosmith bit the dust, and I live in europe anyways, so getting any kind of physical delivery is out.
I guess I could cash some out into fiat and go get a berkey and some cases of mre's at the surplus store.
 
Seriously though, what are some good options for action during each BTS price pop?

 +5% +5% +5%

(bitGOLD will be the safest bitAsset the next months)
Title: Re: Bitshares price discussion
Post by: kenCode on September 04, 2015, 01:53:30 pm
As you guys know, this is a once in a lifetime opportunity that we have with BTS.
Tuesday morning on Wall Street is going to be messy I think.
 
If you have 50K BTS and the price explodes to $1.00, what will you do?
Start trading into bitGOLD? NOTE? ...bitUSD? ???
Securing gains when we know fiats are crashing hard steers me away from bitUSD, bitEUR, etc.
 
We know the gold pm has been suppressed for decades so trading into bitGOLD on the bts price increase makes sense to me.
Cryptosmith bit the dust, and I live in europe anyways, so getting any kind of physical delivery is out.
I guess I could cash some out into fiat and go get a berkey and some cases of mre's at the surplus store.
 
Seriously though, what are some good options for action during each BTS price pop?

 +5% +5% +5%
(bitGOLD will be the safest bitAsset the next months)

Funny, I looked at bitsilv in the internal exchange this morn and it was $99 per ounce. lol
kitcosilver puts it at $15 per ounce. man, we need some volume in there i guess.
i'm in on BTS all the way though just like @jsidhu said. oh, and NOTE of course :)
Title: Re: Bitshares price discussion
Post by: EstefanTT on September 04, 2015, 03:08:31 pm
I was listenning the hangout with the bts charts in front of me. Someone bought 25 BTC right after BM announce that the next week, the release date will be announce with the 30 days countdown !

Buckle up !!!
Title: Re: Bitshares price discussion
Post by: chryspano on September 04, 2015, 03:57:00 pm
I was listenning the hangout with the bts charts in front of me. Someone bought 25 BTC right after BM announce that the next week, the release date will be announce with the 30 days countdown !

Buckle up !!!

NO! NO! NO!!!!

He is doing it wrong!!!

He has to SELL!!!

 :)
Title: Re: Bitshares price discussion
Post by: Ander on September 04, 2015, 04:57:58 pm
Using standard software development multiple of 2.5, that means the actual BTS is ready for 2.0 announcement will be in 2.5 weeks, or on 9/21 or so. ;)
Title: Re: Bitshares price discussion
Post by: EstefanTT on September 04, 2015, 05:59:59 pm
I think the closer the date the smaller has to be the multiplier. I would say somewhere between next friday and the one after.
Title: Re: Bitshares price discussion
Post by: Ander on September 04, 2015, 06:04:46 pm
Based on how poloniex has been gaining trading volume and btc38 and bter losing it, it seems to me that BTS has been shifting away from chinese holders and more into the hands of westerners.   It feels to me like chinese whales have been dumping for months, and its mainly getting absorbed by those of us english speakers who are active on the forums and still believe in BTS 2.0.

Of course, this is mostly speculation on my part.
Title: Re: Bitshares price discussion
Post by: chryspano on September 04, 2015, 07:00:43 pm
Based on how poloniex has been gaining trading volume and btc38 and bter losing it, it seems to me that BTS has been shifting away from chinese holders and more into the hands of westerners.   It feels to me like chinese whales have been dumping for months, and its mainly getting absorbed by those of us english speakers who are active on the forums and still believe in BTS 2.0.

Of course, this is mostly speculation on my part.

It seems they dumped bts in order to buy stocks....they would buy back the bts with their "profits"

(http://i.imgur.com/HM2gEJL.jpg)

And then this happend...

(http://i.imgur.com/vqgf3AC.jpg)

and then they sold any remaining bts they had and started whining in the forum....

maybe...
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 04, 2015, 08:57:11 pm
Based on how poloniex has been gaining trading volume and btc38 and bter losing it, it seems to me that BTS has been shifting away from chinese holders and more into the hands of westerners.   It feels to me like chinese whales have been dumping for months, and its mainly getting absorbed by those of us english speakers who are active on the forums and still believe in BTS 2.0.

Of course, this is mostly speculation on my part.

I hope you are wrong (although I think you are not unfortunately) ..If only active members of this forum buy BTS and all the Chinese whales have dumped we are doomed..Like it or not it seems to me that if we want BTS to reach any respectable market cap we need the Chinese to come back..
Title: Re: Bitshares price discussion
Post by: Ander on September 04, 2015, 09:04:38 pm
I hope you are wrong (although I think you are not unfortunately) ..If only active members of this forum buy BTS and all the Chinese whales have dumped we are doomed..Like it or not it seems to me that if we want BTS to reach any respectable market cap we need the Chinese to come back..

BTS 2.0 + referral system with create entirely new users and community.  BTS is not doomed as long as 2.0 has a good user experience and works well.  We dont need the people who have been selling off BTS for the past 6 months.  All we really need is for them to run out of BTS so they can push it down any more.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 04, 2015, 09:06:04 pm
Based on how poloniex has been gaining trading volume and btc38 and bter losing it, it seems to me that BTS has been shifting away from chinese holders and more into the hands of westerners.   It feels to me like chinese whales have been dumping for months, and its mainly getting absorbed by those of us english speakers who are active on the forums and still believe in BTS 2.0.

Of course, this is mostly speculation on my part.

I hope you are wrong (although I think you are not unfortunately) ..If only active members of this forum buy BTS and all the Chinese whales have dumped we are doomed..Like it or not it seems to me that if we want BTS to reach any respectable market cap we need the Chinese to come back..

...If all the chinese have dumped we are not doomed.  If all the sellers are done, and we are still sitting at any number greater than 0, we are in a great position for price to rise.  If there is no one left to sell then price doesn't go down.  It's basic trading 101 
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 04, 2015, 09:55:41 pm
My only point is that as far as I know the Chinese are the ones who pumped bitcoin to $1,000 and most probably BTS to $80 mil. And then dumped...
So I think that in order BTS to reach high market cap the user experience is not the most important..Ethereum doesn't have any user experience and look at the market cap. We do need steady daily volume of a couple of millions and massively people to start buying. I would expect people that dumped their BTS at higher market caps and realized by now huge profits to start buying again like crazy and stabilize finally at a respective market cap much above $200-$300 millions going along with a steady user friendly client..
People of this forum posting everyday for the last  2 years are most likely the long term holders at all costs. I know I have absolutely no more new money to invest in BTS so I am just hoping..So I think that we do need back those sellers to reinvest and not only just new members who most probably haven't followed from the beginning and most probably would be more scared to invest in something they don't know..
No point to argue here. I am just saying we need back those who dumped and made profits to re invest!
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 04, 2015, 10:29:18 pm
My only point is that as far as I know the Chinese are the ones who pumped bitcoin to $1,000 and most probably BTS to $80 mil. And then dumped...
So I think that in order BTS to reach high market cap the user experience is not the most important..Ethereum doesn't have any user experience and look at the market cap. We do need steady daily volume of a couple of millions and massively people to start buying. I would expect people that dumped their BTS at higher market caps and realized by now huge profits to start buying again like crazy and stabilize finally at a respective market cap much above $200-$300 millions going along with a steady user friendly client..
People of this forum posting everyday for the last  2 years are most likely the long term holders at all costs. I know I have absolutely no more new money to invest in BTS so I am just hoping..So I think that we do need back those sellers to reinvest and not only just new members who most probably haven't followed from the beginning and most probably would be more scared to invest in something they don't know..
No point to argue here. I am just saying we need back those who dumped and made profits to re invest!

The assumptive premise of this is within the confines of the current crypto market.

The refer program is going to bring network effect to bitshares like nothing that has ever been seen in the crypto world.

History will view Bitcoin as the little upstart that lead to it's bigger brother BitShares.
Title: Re: Bitshares price discussion
Post by: Ander on September 04, 2015, 10:40:18 pm
Well, we hope it will work that way at least. :P
Title: Re: Bitshares price discussion
Post by: jsidhu on September 04, 2015, 10:52:14 pm
My only point is that as far as I know the Chinese are the ones who pumped bitcoin to $1,000 and most probably BTS to $80 mil. And then dumped...
So I think that in order BTS to reach high market cap the user experience is not the most important..Ethereum doesn't have any user experience and look at the market cap. We do need steady daily volume of a couple of millions and massively people to start buying. I would expect people that dumped their BTS at higher market caps and realized by now huge profits to start buying again like crazy and stabilize finally at a respective market cap much above $200-$300 millions going along with a steady user friendly client..
People of this forum posting everyday for the last  2 years are most likely the long term holders at all costs. I know I have absolutely no more new money to invest in BTS so I am just hoping..So I think that we do need back those sellers to reinvest and not only just new members who most probably haven't followed from the beginning and most probably would be more scared to invest in something they don't know..
No point to argue here. I am just saying we need back those who dumped and made profits to re invest!

The assumptive premise of this is within the confines of the current crypto market.

The refer program is going to bring network effect to bitshares like nothing that has ever been seen in the crypto world.

History will view Bitcoin as the little upstart that lead to it's bigger brother BitShares.

Ambitious... I read these in almost every crypto community.. I'd like to keep my head down and working and if it happens it happens but to say it WILL in my experience just leads to more dissapointment all you can do is do your part and hope for the best. Yes we need the Chinese as much as they need us.. capital controls are kicking up like never before.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 01:02:59 am
They going nuts about BTS right now in polo chat.

(That last time I saw that though, it tanked hard from 1700 to 1500 right after).
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 01:19:11 am
I think its started.

Dang, I only got like 1 metric ton of BTS, and I wanted 2 tons. :P
Title: Re: Bitshares price discussion
Post by: bitmeat on September 05, 2015, 01:36:22 am
I think its started.

Dang, I only got like 1 metric ton of BTS, and I wanted 2 tons. :P

Coulda shoulda woulda :) Still picking up pennies in front of a steamroller? Just don't miss the train, still loading passengers... w00t w00t
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 01:37:40 am
I think its started.

Dang, I only got like 1 metric ton of BTS, and I wanted 2 tons. :P

Coulda shoulda woulda :) Still picking up pennies in front of a steamroller? Just don't miss the train, still loading passengers... w00t w00t

I have all I could get without more money, which I'm waiting on, but it takes forever. :p
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 01:40:32 am
NEver seen polo chat like this.  Everyone is now a raving BTS bull!
Title: Re: Bitshares price discussion
Post by: tonyk on September 05, 2015, 01:47:15 am
NEver seen polo chat like this.  Everyone is now a raving BTS bull!
well...
Title: Re: Bitshares price discussion
Post by: Riverhead on September 05, 2015, 02:00:58 am


NEver seen polo chat like this.  Everyone is now a raving BTS bull!
well...

tonyk please inject some sanity.
Title: Re: Bitshares price discussion
Post by: tonyk on September 05, 2015, 02:03:44 am


NEver seen polo chat like this.  Everyone is now a raving BTS bull!
well...

tonyk please inject some sanity.
OK  I will try.

 I also wish the good things happen so fast, so quickly... but they don't.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 02:08:41 am
Whoa, 3.8 million bts buywall at 1600 sats wtf.
Title: Re: Bitshares price discussion
Post by: cube on September 05, 2015, 02:09:10 am
62BTC buy wall at 1600!  The bull is raging!
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 02:13:21 am
Fake wall disappeared in 5 minutes lol.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 02:19:16 am
Only to be replaced by 7.7 Million bts wall!  (Also possibly fake but who knows?)
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 02:37:53 am
Also fake lol.
Title: Re: Bitshares price discussion
Post by: cube on September 05, 2015, 02:41:18 am
lol. What is this dude trying to do?
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 05, 2015, 02:47:30 am
Sounds like we got ourselves a tire kicker. :)
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 02:58:31 am
Now he put up like 30 1 btc walls.
Title: Re: Bitshares price discussion
Post by: cube on September 05, 2015, 03:02:08 am
He is determined to push up the price.  A good supporter. :)
Title: Re: Bitshares price discussion
Post by: Riverhead on September 05, 2015, 03:08:39 am

Maybe he's debugging a bot :P
Title: Re: Bitshares price discussion
Post by: jsidhu on September 05, 2015, 03:12:18 am
Record volume today we might see a 100% move
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 05, 2015, 04:19:28 am
The theme song for this evening... Higher by CREED - https://www.youtube.com/watch?v=DhAFbwoaH7o


(http://i57.tinypic.com/n537gz.png)
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 05:47:57 am
Its funny that polo bts deposit/withdrawal went down right before this pump started, maybe even contributing to it, because whales cannot deposit to polo and dump right now.
Title: Re: Bitshares price discussion
Post by: puppies on September 05, 2015, 05:54:57 am
Its funny that polo bts deposit/withdrawal went down right before this pump started, maybe even contributing to it, because whales cannot deposit to polo and dump right now.

Its not down.  I just moved some there to loan out.  If you are lending on polo, dont forget to turn off auto renew and dramatically increase the price.
Title: Re: Bitshares price discussion
Post by: cube on September 05, 2015, 06:16:27 am
Its funny that polo bts deposit/withdrawal went down right before this pump started, maybe even contributing to it, because whales cannot deposit to polo and dump right now.

Its not down.  I just moved some there to loan out.  If you are lending on polo, dont forget to turn off auto renew and dramatically increase the price.

Will that give the shorters more ammunition to bring down the bts price?
Title: Re: Bitshares price discussion
Post by: puppies on September 05, 2015, 06:25:24 am
Its funny that polo bts deposit/withdrawal went down right before this pump started, maybe even contributing to it, because whales cannot deposit to polo and dump right now.

Its not down.  I just moved some there to loan out.  If you are lending on polo, dont forget to turn off auto renew and dramatically increase the price.

Will that give the shorters more ammunition to bring down the bts price?
Lending out your bts will provide more ammo for them to sell, but on the other side of the coin every bts that is loaned out and sold will have to be repurchased at some point.

Increasing the cost of your loan makes it more expensive for them to short bts.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 06:26:28 am
Its funny that polo bts deposit/withdrawal went down right before this pump started, maybe even contributing to it, because whales cannot deposit to polo and dump right now.

Its not down.  I just moved some there to loan out.  If you are lending on polo, dont forget to turn off auto renew and dramatically increase the price.

Hmm, I guess its working again.  It was down temporarily earlier for maintenance

Yeah I moved up my loaning shares significantly, got some out at around .5% a day now.
Title: Re: Bitshares price discussion
Post by: bitmeat on September 05, 2015, 06:27:27 am
not only do the shorts have to repurchase, they actually have to pay interest too. So in fact this increases demand.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 07:28:46 am
not only do the shorts have to repurchase, they actually have to pay interest too. So in fact this increases demand.

They have to pay interest to me at .5% daily. :P
Title: Re: Bitshares price discussion
Post by: puppies on September 05, 2015, 07:36:32 am
With only 298k bts available to borrow on polo, theres got to be at least what?  2M bts shorted already?
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 08:08:58 am
With only 298k bts available to borrow on polo, theres got to be at least what?  2M bts shorted already?

About 2.5 million I think.

I've even got some lent out near 2% daily now.  I think my remaining 2% a day offer is pretty much the only bts left on the lending there!  Crazy.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 08:11:00 am
(And then someone shoves up a million on there).
Title: Re: Bitshares price discussion
Post by: chryspano on September 05, 2015, 08:21:30 am
WTF?! Where is newmine? He might have a heart attack when he sees this!

(http://i.imgur.com/ozS4mr4.jpg)
Title: Re: Bitshares price discussion
Post by: kenCode on September 05, 2015, 08:36:48 am
https://youtu.be/g9uAtMmqT2A?t=23m08s
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 02:22:07 pm
BTS volume > ETH volume on polo.  Wow.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 05, 2015, 02:29:15 pm
BTS volume > ETH volume on polo.  Wow.
extrapolate 100 bitcoin per first 3 hours. We should have a 1000btc volume day
Title: Re: Bitshares price discussion
Post by: Akado on September 05, 2015, 02:33:06 pm
When we used to value 10x more
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 08:17:49 pm
What if btc38 really is in fractional reserve, and is buying on polo to try and get themselves out of it. ;)
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 08:52:25 pm
This just shows that almost everyone only looks at the price.

BTS is at 14xx and no one gives a crap about it, then you pump it 33% in a day and no one can shut about about how great it is.
Title: Re: Bitshares price discussion
Post by: Helikopterben on September 05, 2015, 08:55:00 pm
What if btc38 really is in fractional reserve, and is buying on polo to try and get themselves out of it. ;)

Just another form of a short squeeze... unless they don't have the money to buy and cover.  Don't leave money on exchanges.  It's dangerous.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 09:02:01 pm
Oh wow, that spike on polo...someone got short squeezed HARD.
Title: Re: Bitshares price discussion
Post by: puppies on September 05, 2015, 09:27:17 pm
I'm sure most of you already agree, but don't lose sight of the big picture.  We are still very very undervalued.  Don't sell too early.
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 09:43:42 pm
I'm sure most of you already agree, but don't lose sight of the big picture.  We are still very very undervalued.  Don't sell too early.

Heh, I just sold some. :P
That I bought under 24 hours ago at like 1500.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 05, 2015, 09:54:23 pm
BTS volume > ETH volume on polo.  Wow.
extrapolate 100 bitcoin per first 3 hours. We should have a 1000btc volume day
Done
Title: Re: Bitshares price discussion
Post by: jsidhu on September 05, 2015, 09:54:56 pm
What if btc38 really is in fractional reserve, and is buying on polo to try and get themselves out of it. ;)
+5%
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 05, 2015, 09:55:23 pm
I'm sure most of you already agree, but don't lose sight of the big picture.  We are still very very undervalued.  Don't sell too early.

Hodling 'til $10 club reporting in.

 8)
Title: Re: Bitshares price discussion
Post by: iHashFury on September 05, 2015, 10:05:10 pm
I'm sure most of you already agree, but don't lose sight of the big picture.  We are still very very undervalued.  Don't sell too early.

Hodling 'til $10 club reporting in.

 8)

$10 club - is there a membership fee   :P
Title: Re: Bitshares price discussion
Post by: BossYamasaki on September 05, 2015, 10:13:11 pm
I'm sure most of you already agree, but don't lose sight of the big picture.  We are still very very undervalued.  Don't sell too early.

Hodling 'til $10 club reporting in.

 8)

$100 club for me  ;D
Title: Re: Bitshares price discussion
Post by: Empirical1.2 on September 05, 2015, 10:16:56 pm
What a difference a day makes  8)
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 10:19:22 pm
What a difference a day makes  8)

Yeah its crazy.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 05, 2015, 10:30:33 pm
Where do you guys see the price in one months time?
Lets get some predictions going for fun
Title: Re: Bitshares price discussion
Post by: BossYamasaki on September 05, 2015, 10:36:04 pm
Where do you guys see the price in one months time?
Lets get some predictions going for fun

I'd say about $0.04-$0.05 cents
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 10:37:51 pm
Woooooooooooooooooow!  This is amazing.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 05, 2015, 10:43:24 pm
I have been following you guys for the past while now...I have never seen any volume like this with the price so low....a few questions...am I following that right?



1. what has been the ATH in terms of price for BTS?


2. has volume ever been this high?

3. where do you see the price of BTS on release day of BTS2.0? (i know just speculations but want to hear from community vets)
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 10:49:14 pm
I have been following you guys for the past while now...I have never seen any volume like this with the price so low....a few questions...am I following that right?



1. what has been the ATH in terms of price for BTS?


2. has volume ever been this high?

3. where do you see the price of BTS on release day of BTS2.0? (i know just speculations but want to hear from community vets)

1) 5 cents USD.  In satoshi terms, something around 10k sats.  Note that that is still TEN TIMES the current price even after this rise (in dollar terms).  BTS dropped an INSANE amount in the last year.

2) Volume was this high for a couple days in august 2014, but only if you measure in dollar terms.  In BTS terms I think this is the record.

3) It is a mystery wrapped in an enigma.  (Everyone of us who made price predictions for the past year kept being wrong and it kept going down, so...)
Title: Re: Bitshares price discussion
Post by: Ander on September 05, 2015, 10:58:13 pm
I'm not selling any more until much higher.  This is the best pump in BTS since that week in august 2014.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 05, 2015, 10:58:34 pm
See yall on the beach one day : https://www.youtube.com/watch?v=q4LaW9tAEnE
Title: Re: Bitshares price discussion
Post by: jsidhu on September 05, 2015, 11:48:49 pm
Record volume today we might see a 100% move
300 more satoshis and we've hit my second prediction :)
Title: Re: Bitshares price discussion
Post by: luckybit on September 05, 2015, 11:56:32 pm
Where do you guys see the price in one months time?
Lets get some predictions going for fun

0.01 which would be around a penny.
Title: Re: Bitshares price discussion
Post by: luckybit on September 05, 2015, 11:58:07 pm
Where do you guys see the price in one months time?
Lets get some predictions going for fun

I'd say about $0.04-$0.05 cents

Sure but I doubt in one month it will hit that. It takes a while for volume to reach that.

If Bitshares could get the volume it could get to over $1 but the issue is there is a limited amount of people who have money to buy crypto tokens and until the crypto community grows you're fighting for a small pie.
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 05, 2015, 11:59:35 pm
Where do you guys see the price in one months time?
Lets get some predictions going for fun

I'd say about $0.04-$0.05 cents

Sure but I doubt in one month it will hit that. It takes a while for volume to reach that.

If Bitshares could get the volume it could get to over $1 but the issue is there is a limited amount of people who have money to buy crypto tokens and until the crypto community grows you're fighting for a small pie.

I wouldn't be surprised to see a lot of ETH money flow into BTS. The money's gotta go somewhere, and ETH's been pretty flat lately.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 06, 2015, 12:04:22 am
2,299 BTC in 24hrs.. done

Back to #7.. done

Back to #5.. I say in 24hrs

Can you spot the difference? ...


(http://i62.tinypic.com/rsv9c5.png)

(http://cdn.xenlife.com.au/wp-content/uploads/Meme-derp.jpg)
Title: Re: Bitshares price discussion
Post by: escalicha on September 06, 2015, 12:24:30 am
This pump is simply crazy and necessary for holders!


UP +5%  +5%  +5%  +5%  +5%

This is the most undervalued coin 2.0. 
Title: Re: Bitshares price discussion
Post by: jsidhu on September 06, 2015, 12:46:49 am
I wonder if it's the btc38 ponzi trying to cover and to what extent since there supposidely been at it for more than a year? Hmm
Title: Re: Bitshares price discussion
Post by: alt on September 06, 2015, 01:20:19 am
btc38 begin to dump now.
they will never give up, they have tons of BTS to dump.

it's very clearly somebody want BTS stay at low price.
if you want to sell BTS for benifit , you should sell slowly, not sell like this.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 06, 2015, 01:42:19 am
btc38 begin to dump now.
they will never give up, they have tons of BTS to dump.

it's very clearly somebody want BTS stay at low price.
if you want to sell BTS for benifit , you should sell slowly, not sell like this.

Ander is rolling his eyes at you right now. :)
Title: Re: Bitshares price discussion
Post by: Ander on September 06, 2015, 02:06:52 am
Glad its correcting a bit, need to buy more, and get back the ones I sold over 2000 :)
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 06, 2015, 02:32:59 am
It's a false correction. Preparing phase 2 thrusters! Jump on board now before it's too late!

 :P
Title: Re: Bitshares price discussion
Post by: tonyk on September 06, 2015, 02:35:17 am
Glad its correcting a bit, need to buy more, and get back the ones I sold over 2000 :)

Need to buy more???
Man, I can track a cool 10 mil BTS of yours just from the trades you have posted on this forum. So it is safe to assume you must have about 20 mil BTS (conservatively).... I am not saying you have broke even yet, but at your predicted price of $0.05 it is cool 1 million green bucks.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 06, 2015, 03:06:46 am
Glad its correcting a bit, need to buy more, and get back the ones I sold over 2000 :)

Need to buy more???
Man, I can track a cool 10 mil BTS of yours just from the trades you have posted on this forum. So it is safe to assume you must have about 20 mil BTS (conservatively).... I am not saying you have broke even yet, but at your predicted price of $0.05 it is cool 1 million green bucks.
Wow
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 06, 2015, 05:30:12 am
What date does the 30 day countdown begin?
Title: Re: Bitshares price discussion
Post by: puppies on September 06, 2015, 05:35:57 am
What date does the 30 day countdown begin?

It hasn't been announced yet.  What has been said is that it is expected to be announced next week or so.

Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 06, 2015, 06:14:43 am
https://bitsharestalk.org/index.php/topic,16506.msg213577.html#msg213577 (https://bitsharestalk.org/index.php/topic,16506.msg213577.html#msg213577)
Title: Re: Bitshares price discussion
Post by: xeroc on September 06, 2015, 06:44:01 am
btc38 begin to dump now.
they will never give up, they have tons of BTS to dump.

it's very clearly somebody want BTS stay at low price.
if you want to sell BTS for benifit , you should sell slowly, not sell like this.
It may also be cryptsy selling their customers sharedrop
Title: Re: Bitshares price discussion
Post by: kenCode on September 06, 2015, 07:35:33 am
What date does the 30 day countdown begin?

During the last mumble, I think it was BM that said Friday of this week.
Title: Re: Bitshares price discussion
Post by: liondani on September 06, 2015, 08:05:56 am
btc38 begin to dump now.
they will never give up, they have tons of BTS to dump.

it's very clearly somebody want BTS stay at low price.
if you want to sell BTS for benifit , you should sell slowly, not sell like this.
It may also be cryptsy selling their customers sharedrop


cryptsy = thieves (approved & caught)
stay away!

(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http%3A%2F%2Fwww.nevadacounty.com%2Fwp-content%2Fuploads%2F2011%2F04%2Fhouse-thieve.gif&sp=10f86c72d2bc8ddc830199b78512cb4a)
Title: Re: Bitshares price discussion
Post by: cass on September 06, 2015, 10:09:30 am
What date does the 30 day countdown begin?

During the last mumble, I think it was BM that said Friday of this week.

by the end of next week if all is going well .. AFAIK no exact timeframe was given ...
Title: Re: Bitshares price discussion
Post by: kenCode on September 06, 2015, 10:22:50 am
What date does the 30 day countdown begin?

During the last mumble, I think it was BM that said Friday of this week.
by the end of next week if all is going well .. AFAIK no exact timeframe was given ...

https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-hangout-9-04-2015-s3#t=13:45
Title: Re: Bitshares price discussion
Post by: luka1987 on September 06, 2015, 11:04:00 am
So why it's raising so much and what do you think, will it get to 1$ in the future?  :D
Title: Re: Bitshares price discussion
Post by: phillyguy on September 06, 2015, 11:58:04 am
 Outside of the 2.0 launch specifics for BTS, I think the Chinese stock market troubles will bring some $$$ back to crypto. Also, if you look at CMC there appears to be some manipulation going on across crypto in general.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 06, 2015, 12:21:16 pm
(http://i62.tinypic.com/ru1guh.png)

Well good morning to you too Coinmarketcap!
Title: Re: Bitshares price discussion
Post by: kenCode on September 06, 2015, 12:33:02 pm
We're third in volume today too :)
Title: Re: Bitshares price discussion
Post by: EstefanTT on September 06, 2015, 12:41:13 pm
But this time is different because I feel it ! (lol)

(http://i.imgur.com/3YSPkFg.gif)
Not that bullshitty my bottom prediction ...  Ha ha ha ha
Title: Re: Bitshares price discussion
Post by: arp on September 06, 2015, 12:56:49 pm
Hi guys,
New to bitshares, I see that price is going up. Meanwhile I'm still waiting till the blockchain is downloaded, then I can finally start  :)
Title: Re: Bitshares price discussion
Post by: emailtooaj on September 06, 2015, 01:04:48 pm
Hi guys,
New to bitshares, I see that price is going up. Meanwhile I'm still waiting till the blockchain is downloaded, then I can finally start  :)

Welcome to the community arp  :D


Title: Re: Bitshares price discussion
Post by: kenCode on September 06, 2015, 01:11:57 pm
Hi guys,
New to bitshares, I see that price is going up. Meanwhile I'm still waiting till the blockchain is downloaded, then I can finally start  :)

Welcome @arp :)
My computer took about 5 hours the first time, but once you've got it and it's all sync'd up, your good to go. Just let it run overnight in a cool location.
If you need anything at all just let me know.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 06, 2015, 01:19:45 pm
Hi guys,
New to bitshares, I see that price is going up. Meanwhile I'm still waiting till the blockchain is downloaded, then I can finally start  :)

If you would like to have a more trouble free experience I recommend setting up a wallet at:

https://wallet.bitshares.org

Then you won't have to wait for anything to download.

Trust me when I tell you this is a much easier option.

Also welcome to the community :)
Title: Re: Bitshares price discussion
Post by: Ander on September 06, 2015, 02:02:55 pm
Sold a little more in the 2300s.  (Still have over 80% of what I had at the bottom).

Selling a bit on the rises helps to keep you in tune with the market, imo.  That way when a drop comes, you look at it as an opportunity, not just as a terrible thing.



Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 06, 2015, 02:06:18 pm
100 BTC incoming out of my stash into BTS.
Title: Re: Bitshares price discussion
Post by: Ander on September 06, 2015, 02:12:14 pm
100 BTC incoming out of my stash into BTS.

O_O.

It kindof amazes me: almost everyone out there would just ignore BTS and pay no attention at all to it while its at 1400 sats, but drive it up 50% and sudeenly everyone is willing to throw money at you.


If we really are just gonna go straight to the moon without correcting, I'll be very happy, even if I'm a bit less than 100% long.
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 06, 2015, 02:16:21 pm
Sold a little more in the 2300s.

tsk tsk
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 06, 2015, 02:24:53 pm
Gonna take a few days for me to get that BTC on POLO. Coming out the vault.
Title: Re: Bitshares price discussion
Post by: Ander on September 06, 2015, 02:27:54 pm
Sold a little more in the 2300s.

tsk tsk

Sometimes you gotta buy when you dont want to, and sell when you dont want to. 
Its kindof like the opposite of 'buy when theres blood in the streets'.  Sell a bit when everyone is extremely excited. :P
Title: Re: Bitshares price discussion
Post by: GChicken on September 06, 2015, 02:36:59 pm
@ander - is this what i think it is? taken just then on poloniex with 30 minute candles
(http://i.imgur.com/wuZXKKd.png)

also wanted to mention:
Most Online Today: 188. Most Online Ever: 373 (December 05, 2013, 11:28:00 PM)

:)
Title: Re: Bitshares price discussion
Post by: GChicken on September 06, 2015, 02:38:22 pm
please excuse my line work.... its a touch/track pad
Title: Re: Bitshares price discussion
Post by: Ander on September 06, 2015, 03:08:43 pm
GChicken, it does look cup and handle-ish (though the spike to 2500 was higher than the 2350 area).  But it also looks to me like we completed 5 waves up in elliot wave and need to correct for a bit.  Of course, if the rally is strong enough, it can of course just keep going, which would be amazing.

There are tons of people visiting our forums right now that have never been here before, and they are falling over themselves to throw money at BTS, so I think its more likely they will be tested.  I always like to oblige people when they are fearful and want to sell, or elated and want to buy.  Those trades are not made from a rational state of mind on their part, which means that by taking the opposite side of the trade the odds are in your favor.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 06, 2015, 04:18:02 pm
3k possible this month ?
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 06, 2015, 05:54:41 pm
3k possible this month ?

3k is possible before your deposit hits.  :P
Title: Re: Bitshares price discussion
Post by: Ander on September 06, 2015, 07:31:40 pm
fuck

Blazin, wait for 1600-1800 range, then get in.  All the short term moving averages and MACDs turning down now, its gotta go lower before it goes up again.
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 06, 2015, 07:52:58 pm
@Ander I understand that you are doing a lot of technical analysis trading but don't forget that sometimes fundamentals make the techinical analysis useless..

And the fundamentals in BTS case are that 
(1) this thing is going to change the financial world as we know it
(2) It is going to change crypto as we now it and
(3) in a little more than 1 month BTS is going to sharedrop on BTS2 which will make 1 and 2 a reality

when BTS 1 was released 1 year ago we have witnessed x5 and +$80 mil market cap. Some sold some others thought that this is still extremely cheap. Soon everyone will be talking about BTS and BTS2 will be what BTS1 failed to do.

In other words (fingers crossed) we may for the next 2 months experience a substantial rise without any correction from this level so I am still holding 100% of my crypto in BTS and I intend to do so until we are very close at least to bitcoin ...
On another side my stake is not even close to most of you guys here so I understand that some people may be more conservative..But be careful not to miss all the party now by selling at these levels..
Title: Re: Bitshares price discussion
Post by: Ander on September 06, 2015, 08:03:49 pm
That is all true, but:

1400 to 2500 sats in one day ->  Needs a correction.
Short term moving averages and MACDs turning down -> correction is coming.
Clear elliot wave count of 5 waves completed, for our wave I -> wave 2 is coming, wave 2s are usually steep retracements, expect .618 fib retracement at least, if not more. 
All the shorts covered and we now have millions of BTS available on lend again -> wide open for new shorts to drive it down.


I'm well aware of the fundamentals, I am talking about the very shrot term here.  Like just a couple days, in which is should pull back to somewhere between 1600-1800.

If it retraces deeply here, then the later retrace on wave 4 will be shallow, which is nice. :)
Title: Re: Bitshares price discussion
Post by: puppies on September 06, 2015, 08:23:31 pm
That is all true, but:

1400 to 2500 sats in one day ->  Needs a correction.
Short term moving averages and MACDs turning down -> correction is coming.
Clear elliot wave count of 5 waves completed, for our wave I -> wave 2 is coming, wave 2s are usually steep retracements, expect .618 fib retracement at least, if not more. 
All the shorts covered and we now have millions of BTS available on lend again -> wide open for new shorts to drive it down.


I'm well aware of the fundamentals, I am talking about the very shrot term here.  Like just a couple days, in which is should pull back to somewhere between 1600-1800.

If it retraces deeply here, then the later retrace on wave 4 will be shallow, which is nice. :)

I'm with you.  My warning against selling was regarding those seeking to completely liquidate.  Buying the dips to increase holdings is a great idea if you've got the stomach for it.  I would say that at this point most of those that have purchased have done so cause it was hot abd they wanted to flip it.  They will sell at the first sign of a dump.  There will most certainly be many corrections along the way that we can buy more at.   I personally don't think we will see sub 1800 again, but fully admit that you are a much better trader than I am.

Title: Re: Bitshares price discussion
Post by: mf-tzo on September 06, 2015, 08:24:19 pm
sorry..you are counting elliot waves and fib daily? wow... Have you seen the all time graph and see where fib is? I am not an experienced trader as you but I do think that now is the time to compare BTS with the all time graph and see what happened in last summer..If we have a steady increase in volume and a couple of millions of volume in the next days I think BTS is going to $100 mil market cap before BTS2 is sharedroped. I don't think we will see BTS below 1600 ever unless bitcoin also jumps by the same % in $ terms...
Title: Re: Bitshares price discussion
Post by: Akado on September 06, 2015, 08:29:09 pm
If we have a steady increase in volume and a couple of millions of volume in the next days I think BTS is going to $100 mil market cap before BTS2 is sharedroped.

You seriously believe that? I mean, I would love that to happen but I don't see that happening any time soon, even after 2.0 is released.
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 06, 2015, 08:34:35 pm
you guys have become way too pessimistic I think during the past year. This is understandable with all the suffer of the price...I may be way too optimistic.

So yes I do believe that we may end up with $100 mil market cap and this may happen before BTS2 is even launched..There is no logic in the financial world anymore and there is no logic definitely in crypto. When the Bulls are in charge nothing stops them..

I don't want to influence any of you but I don't want the long term holders to miss the party when it comes and short term speculators rip all the profits.So I would think twice before I sell my BTS now..
Title: Re: Bitshares price discussion
Post by: speedy on September 06, 2015, 09:16:47 pm
I aint selling any BTS. Im waiting to lend it out with interest on the bond market. I want my 30%/year.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 06, 2015, 09:19:57 pm
What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now. Thankfully I am blessed and I have the money to spare. Something tells me if I do this its going to light a fire under BTS. There is no reason it shouldnt be at 5 cents USD like it was last year. It is more valuable now IMO.
Title: Re: Bitshares price discussion
Post by: bobmaloney on September 06, 2015, 09:24:50 pm


What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now.


(http://thabto.files.wordpress.com/2013/10/make-it-so-captain.jpg)
Title: Re: Bitshares price discussion
Post by: inarizushi on September 06, 2015, 09:33:04 pm
What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now. Thankfully I am blessed and I have the money to spare. Something tells me if I do this its going to light a fire under BTS. There is no reason it shouldnt be at 5 cents USD like it was last year. It is more valuable now IMO.

Wow !
I'm curious : if you really intend to do that, why do you say that here ?
Title: Re: Bitshares price discussion
Post by: puppies on September 06, 2015, 09:35:54 pm
What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now. Thankfully I am blessed and I have the money to spare. Something tells me if I do this its going to light a fire under BTS. There is no reason it shouldnt be at 5 cents USD like it was last year. It is more valuable now IMO.

I'm a terrible day trader so take this with a grain of salt, but I think you could pick up the bts slowly at a lower price.  By all means listen to your gut, but just remember that your gut had shit for brains.
Title: Re: Bitshares price discussion
Post by: NotSmart on September 06, 2015, 09:39:55 pm
What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now. Thankfully I am blessed and I have the money to spare. Something tells me if I do this its going to light a fire under BTS. There is no reason it shouldnt be at 5 cents USD like it was last year. It is more valuable now IMO.

Wow !
I'm curious : if you really intend to do that, why do you say that here ?

I will put my hands up if he does that, but in my experiences from trollboxes all those who are trying to sell mentions something like that.
Title: Re: Bitshares price discussion
Post by: infovortice2013 on September 06, 2015, 09:41:59 pm
What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now.

(https://sneakdoor.files.wordpress.com/2015/07/flat1000x1000075f.jpg)

https://www.youtube.com/watch?v=7WzyBl4PgrQ
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 06, 2015, 09:52:08 pm


What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now.


(http://thabto.files.wordpress.com/2013/10/make-it-so-captain.jpg)

 +5%
Title: Re: Bitshares price discussion
Post by: jsidhu on September 06, 2015, 10:16:21 pm
What would happen if i put a 250 BTC buy wall up on Polo? My gut is telling my buy now. Thankfully I am blessed and I have the money to spare. Something tells me if I do this its going to light a fire under BTS. There is no reason it shouldnt be at 5 cents USD like it was last year. It is more valuable now IMO.
Put the order in for 5 cents then
Title: Re: Bitshares price discussion
Post by: jsidhu on September 06, 2015, 10:39:51 pm
Next bump up should be right around corner now
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 07, 2015, 12:08:13 am
Or next crash... You guys all jizz z your pants on one little lower high
Title: Re: Bitshares price discussion
Post by: jsidhu on September 07, 2015, 12:52:54 am
Or next crash... You guys all jizz z your pants on one little lower high
This is It for Bulls on this wave
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 03:33:24 am
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range. 
Title: Re: Bitshares price discussion
Post by: tonyk on September 07, 2015, 04:07:14 am
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range.

I am not the TA guy, as you know, but are you saying you predict 4-5K satoshi/BTS in 7-12 days (the top of wave 3, I mean)?
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 05:11:54 am
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range.

I am not the TA guy, as you know, but are you saying you predict 4-5K satoshi/BTS in 7-12 days (the top of wave 3, I mean)?

No, I dont know how long wave 3 will take or how high, right now.  Juts that its likely going lower for the next couple days, but after it does its a great buy.
Title: Re: Bitshares price discussion
Post by: puppies on September 07, 2015, 06:36:54 am
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range.

I am not the TA guy, as you know, but are you saying you predict 4-5K satoshi/BTS in 7-12 days (the top of wave 3, I mean)?

No, I dont know how long wave 3 will take or how high, right now.  Juts that its likely going lower for the next couple days, but after it does its a great buy.

What would you suggest I set my buys at? 
Title: Re: Bitshares price discussion
Post by: tonyk on September 07, 2015, 06:59:46 am
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range.

I am not the TA guy, as you know, but are you saying you predict 4-5K satoshi/BTS in 7-12 days (the top of wave 3, I mean)?

No, I dont know how long wave 3 will take or how high, right now.  Juts that its likely going lower for the next couple days, but after it does its a great buy.

What would you suggest I set my buys at?

Earlier he said he expects the price to go down to 1800-1600 satoshi, so depending on the size of your order somewhere in that range.
I, on the other hand, do not expect it hitting 1900 anytime in the next 10 or so days....

Time will tell, who was right.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 07, 2015, 07:55:08 am
I think its due to go higher. This friday will be a key day in deciding what happens when Bytemaster comes out with more info.
Title: Re: Bitshares price discussion
Post by: puppies on September 07, 2015, 08:04:02 am
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range.

I am not the TA guy, as you know, but are you saying you predict 4-5K satoshi/BTS in 7-12 days (the top of wave 3, I mean)?

No, I dont know how long wave 3 will take or how high, right now.  Juts that its likely going lower for the next couple days, but after it does its a great buy.

What would you suggest I set my buys at?

Earlier he said he expects the price to go down to 1800-1600 satoshi, so depending on the size of your order somewhere in that range.
I, on the other hand, do not expect it hitting 1900 anytime in the next 10 or so days....

Time will tell, who was right.

Thanks Tony.  Its nice to see you back.  I am leaning towards it not dipping too far.  I have had an order in at 1900 most of the day. (small order, I am unfortunately not a whale.)  and it hasn't filled.  I just moved it up to 1975.  I'll see if it hits over night.  Its easy to forget that 2000 is still a very good price for BTS. 
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 03:59:56 pm
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range.

I am not the TA guy, as you know, but are you saying you predict 4-5K satoshi/BTS in 7-12 days (the top of wave 3, I mean)?

No, I dont know how long wave 3 will take or how high, right now.  Juts that its likely going lower for the next couple days, but after it does its a great buy.

What would you suggest I set my buys at?

Earlier he said he expects the price to go down to 1800-1600 satoshi, so depending on the size of your order somewhere in that range.
I, on the other hand, do not expect it hitting 1900 anytime in the next 10 or so days....

Time will tell, who was right.

Well, it hit 1900.  But it hasnt hit 1800 yet, so we are now in a range where its possible for both of us to be wrong. :D
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 04:20:39 pm
I've been wrong a lot of times saying 'it will never go below X ever again'.  Those predictions almost always fail. :P
Title: Re: Bitshares price discussion
Post by: mint chocolate chip on September 07, 2015, 04:33:19 pm
...anytime in the next 10 days turned out to be sometime in the next 10 hours.
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 06:48:03 pm
1900 breaking should be taking us to our lows in 1600-1800 range, but its not for some reason.  Will there be one more shove downward or wont there? 
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 07:13:11 pm
Big buywall showed up at polo.  Correction *might* be over.  If you buy here, you risk watching it drop to 1600-1800 before going up.  If you wait you risk missing the rise in BTS.   (The wall could also be fake, trying to bait people into buying his sell orders)
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 07:50:04 pm
I'm back all in now.  The 30 minute macd gave a buy, to join the 15 and 5 mins.  1900 refusing to break.  I am more afraid of missing rise than I am of trying to get the best possible price.

I sold over 2300 and got back in under 2000, so pretty happy with it.  Made a good amount of free BTS.

The 'this is a bullish flag and we are about to rocket to 3000+' option has started looking more likely to me, and the 'this is a head and shoulders top and we are headed to 1600' option is looking less likely.

But now it probably will dump or something, and make me look bad.  Hehe.
I'm okay with that, I have more BTS now than ever before, and my average cost was lowered.
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 07:55:54 pm
Tonyk, if we do not break down to new lows, and then we rise, I think your 'not below 1900' prediction is still basically correct, it was only a short spike below 1900.  I'm glad I managed to get a good trade in there though. :)
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 07:59:32 pm
If the new 3.5M bts buywall at 1960 is a real wall, we are going up so hard.  (90% chance its fake though) :P
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 08:02:22 pm
I post that I bought back in and then a bunch of buywalls appear? 
Are some people actually following my calls to make decisions to buy thousands of $ of BTS?  That would be kindof scary lol.

(More likely a bunch of traders are following the same indicators I am, so when thee indicator buys and turns me bullish, it turns them bullish also?)
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 08:10:56 pm
I do worry that maybe a bunch of people all FOMO back into it now, then the big wall is removed, then there is no buy support and it tanks.   I dont know.  The upside is bigger than the downside though.  3000 is a big gain, 1600 isnt too bad of a downside.
Title: Re: Bitshares price discussion
Post by: Ander on September 07, 2015, 08:23:46 pm
The wall was removed and someone dumped, heh. 
I bet it'll fulfill my original target of 1600-1800, just to spite me.

Thats fine, I gained BTS and will not miss whatever future rise occurs.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 07, 2015, 08:39:13 pm
https://youtu.be/DGC6iqWeFDk
Title: Re: Bitshares price discussion
Post by: GChicken on September 07, 2015, 11:17:07 pm
is the next wave up potentially starting soon?

Could anyone who uses Elliot Wave theory post a couple of pics showing how they depict the wave in the current market? possibly a few time scales showing different wave magnitudes?

i know it may very from person to person but when ever i try to learn; it looks fine on the chart examples in the tutorials, then i flick over to the real market and my progress goes out the window. just looking for an example in real time that's close to my heart..
also if anyone is using this can you suggest some complimentary indicators that you look at as well?

if this can be done it would be greatly appreciated :)
Thanks
GC
Title: Re: Bitshares price discussion
Post by: speedy on September 07, 2015, 11:36:55 pm
You cant apply over-fancy TA like Elliot waves to such a low volume thing as BTS. What happened was buzzwords like "Pitchfork" and "Timeline" were used, and short term speculators got excited and made 50%. That is all.

Rallies in the market are driven by forum hype from the lead developers, just like the first one was a year ago, when it was announced that BTSX would be bought back with ags funds. How is an elliot wave going to predict that?
Title: Re: Bitshares price discussion
Post by: tonyk on September 07, 2015, 11:47:26 pm
is the next wave up potentially starting soon?

Could anyone who uses Elliot Wave theory post a couple of pics showing how they depict the wave in the current market? possibly a few time scales showing different wave magnitudes?

i know it may very from person to person but when ever i try to learn; it looks fine on the chart examples in the tutorials, then i flick over to the real market and my progress goes out the window. just looking for an example in real time that's close to my heart..
also if anyone is using this can you suggest some complimentary indicators that you look at as well?

if this can be done it would be greatly appreciated :)
Thanks
GC

First off, I use TA to count for  no more than 10% of my trading. Read, almost never trade based on any TA. So probably not the best teacher here but anyway...

Last night when I saw this post

 
We have completed wave 1 and also A of 2, we are now in B of 2, it will take us up a bit, but then C of 2 will take us down to somewhere in the 1600-1800 range.

I envisioned something like the following graph (Eliot Wave).

(http://i.imgur.com/ZRhJKdk.png)

The red line is about the time I made it ... from that point on you can see how it differs from the actual reality....
Title: Re: Bitshares price discussion
Post by: GChicken on September 08, 2015, 01:40:05 am
Thanks for the responses guys,

With all due respect and please forgive my ignorance of the topic, from what i have seen the EW rules suggest that wave 3 cannot be the shortest of all waves and that wave 4 does not breach the price territory of wave 1.  maybe speedy is right maybe its time to throw Elliot out with window again.. (just heard it mentioned so many times from so many places thought their might be some benefit in learning what others are looking at)

@tonyk  - interested to know what the other 90% of your strategies are made up of as from what i have seen you buy when Tony buys :) so seems like what ever you got going its working for you.

Or does anyone else want to share any strategies they have that they believe are reasonably good at showing good buy / sell points. (i don't want to sell my Bitshares but i wouldn't mind skipping some of the down side and ending up with free shares as suggested by Ander) seems like a risky game though... when it goes 10x+ and your on the wrong side of the trade would feel pretty bad!
Title: Re: Bitshares price discussion
Post by: kenCode on September 08, 2015, 07:02:53 am
Tuesday morning on Wall Street is going to be messy I think.

Wrong again ::)
Title: Bitshares price discussion
Post by: phillyguy on September 08, 2015, 08:42:44 am
You cant apply over-fancy TA like Elliot waves to such a low volume thing as BTS. What happened was buzzwords like "Pitchfork" and "Timeline" were used, and short term speculators got excited and made 50%. That is all.

Looking at CMC past 2 days there seemed to be several coins that rose and fell in a similar fashion. BTS had the biggest spike because of the forum news, but if I had to guess there were some manipulators out there who drove everything up and sold it back down.

It feels like that has been happening once every 3-4 weeks for multiple months now.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 08, 2015, 11:11:55 am
Tuesday morning on Wall Street is going to be messy I think.

Wrong again ::)

http://www.zerohedge.com/news/2015-09-08/futures-soar-after-dramatic-chinese-last-hour-intervention-following-latest-bout-ter
Title: Re: Bitshares price discussion
Post by: kenCode on September 08, 2015, 11:37:15 am
I love how they call it "intervention" too and nobody bats an eye
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 08, 2015, 01:20:27 pm
Thanks for the responses guys,

With all due respect and please forgive my ignorance of the topic, from what i have seen the EW rules suggest that wave 3 cannot be the shortest of all waves and that wave 4 does not breach the price territory of wave 1.  maybe speedy is right maybe its time to throw Elliot out with window again.. (just heard it mentioned so many times from so many places thought their might be some benefit in learning what others are looking at)

@tonyk  - interested to know what the other 90% of your strategies are made up of as from what i have seen you buy when Tony buys :) so seems like what ever you got going its working for you.

Or does anyone else want to share any strategies they have that they believe are reasonably good at showing good buy / sell points. (i don't want to sell my Bitshares but i wouldn't mind skipping some of the down side and ending up with free shares as suggested by Ander) seems like a risky game though... when it goes 10x+ and your on the wrong side of the trade would feel pretty bad!

I will tell you what my strategy is even if most may say that this is completely stupid since I may end up holding the bag here.. However I do not intend to change my strategy no matter what..BTS will either succeed or not. Anything else is just playing around..

Here it goes. Whenever BTS is below 0.00007 BTC I always buy whenever I can whatever I can afford. At above 0.00007 I would sell something like 20%, at above 0.00015 btc another 20% at above 0.00025 btc another 20% and the remaining 40% only when and if we reach a couple of billions market cap in $ terms.

Before you judge the stupidity of the strategy consider that BTS is maybe something like when BTC was @ $3 going to $30 then dropping back before it seriously skyrocketed to $1,000. I missed that train and I do not intend to miss this one too. I think now we have experienced the big fall in price and from here only the sky is the limit.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 08, 2015, 03:37:19 pm
(http://www.clker.com/cliparts/L/3/R/J/g/B/reload-icon-hi.png)
Title: Re: Bitshares price discussion
Post by: Ander on September 08, 2015, 05:01:41 pm
Advice 1: Dont try to learn elliot wave, its too complicated.  Just looking at support/resistance, moving averages, macd, etc is way better for most poeple.

Advice 2: If youre going to bother with elliot wave, you have to learn all the rules.  For example, wave 3 cannot be the shortest wave, which mean the chart above is an invalid count.



Anyways...we are in the buy zone now.  I shouldve had more patience, but I wanted back in. :P  But I will have more money coming in a week or so to buy more if it stays down.  We could bottom any time now, though it could still go a bit lower.
Title: Re: Bitshares price discussion
Post by: puppies on September 08, 2015, 05:35:43 pm
I am also waiting on more funds.  I am hoping that the price stays low for a few more days.
Title: Re: Bitshares price discussion
Post by: Ander on September 08, 2015, 05:41:01 pm
When we get a moving average crossover on the 30 min chart, then we will know the pullback is over and the next rise underway.  (Of course, by the time the crossover happens it'll be up a couple hundred sats from the low). 
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 08, 2015, 06:04:43 pm
"It could bottom anytime now, or it could go a bit lower"

So basically you have no idea where price is going
Title: Re: Bitshares price discussion
Post by: tonyk on September 08, 2015, 06:08:48 pm
"It could bottom anytime now, or it could go a bit lower"

So basically you have no idea where price is going

I can assure you that  I have no clue.
Title: Re: Bitshares price discussion
Post by: Ander on September 08, 2015, 06:14:50 pm
"It could bottom anytime now, or it could go a bit lower"

So basically you have no idea where price is going

I guess I wasnt clear.  The price is going much higher, starting at some point in the relatively near future.  When the 30 min moving average crossover occurs, it will signal that the move has begun.

Before that happens, it can continue to go a bit lower. Or it can drift sideways for a while. 

Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 08, 2015, 07:08:54 pm
"It could bottom anytime now, or it could go a bit lower"

So basically you have no idea where price is going

I guess I wasnt clear.  The price is going much higher, starting at some point in the relatively near future.  When the 30 min moving average crossover occurs, it will signal that the move has begun.

Before that happens, it can continue to go a bit lower. Or it can drift sideways for a while.

(http://i.imgur.com/ZFTLqlx.gif)
 :P
Title: Re: Bitshares price discussion
Post by: Fernandez on September 08, 2015, 08:38:07 pm
Off topic here, but this thread seems to be busy so posting anyway.

What is the best way to buy a large volume (large for me, not the amounts being mentioned up this page) of BTS at a locked in price?

I don't think forum trade is viable here?
Title: Re: Bitshares price discussion
Post by: Akado on September 08, 2015, 08:44:29 pm
Off topic here, but this thread seems to be busy so posting anyway.

What is the best way to buy a large volume (large for me, not the amounts being mentioned up this page) of BTS at a locked in price?

I don't think forum trade is viable here?

You can try someone on the forum via escrow or just buy a few everyday trying to keep an average price. That way you won't push it up and overpay
Title: Re: Bitshares price discussion
Post by: Ander on September 08, 2015, 09:00:28 pm
Off topic here, but this thread seems to be busy so posting anyway.

What is the best way to buy a large volume (large for me, not the amounts being mentioned up this page) of BTS at a locked in price?

I don't think forum trade is viable here?

If youre only talking about a couple btc worth, metaexchange and blocktrades.us will give you locked in prices for those quantities.  Or you can put money on an exchange and buy.
Title: Re: Bitshares price discussion
Post by: Xeldal on September 08, 2015, 09:07:19 pm
Off topic here, but this thread seems to be busy so posting anyway.

What is the best way to buy a large volume (large for me, not the amounts being mentioned up this page) of BTS at a locked in price?

I don't think forum trade is viable here?

If youre only talking about a couple btc worth, metaexchange and blocktrades.us will give you locked in prices for those quantities.  Or you can put money on an exchange and buy.

to my knowledge blocktrades does not lock in trades, you are at the mercy of bitcoins confirmation time.

Shapeshift, metaExchange and basically any exchange that trades BTS is your best bet on 'locking' something in.   
Title: Re: Bitshares price discussion
Post by: Ander on September 08, 2015, 09:49:43 pm
Ignoring the margin call fueled spike to 2500, the real top of the rise (that people were placing real buy and sell orders at), was at 2350 sats. 

For the move form 1401 to 2354, the .618 fib level is at 1765.  Thats right at our current low.  This is a good level for the bottom to occur, so I would start putting money in if I had it (and will put money in once I get more). 

1625 is the 76.4% retracement level, so thats the other main target at this point. 

It should bottom between 1600 and 1800. 
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 08, 2015, 11:56:41 pm
B
Off topic here, but this thread seems to be busy so posting anyway.

What is the best way to buy a large volume (large for me, not the amounts being mentioned up this page) of BTS at a locked in price?

I don't think forum trade is viable here?

Blocktrades.us
Title: Re: Bitshares price discussion
Post by: mint chocolate chip on September 09, 2015, 12:07:47 am
Off topic here, but this thread seems to be busy so posting anyway.

What is the best way to buy a large volume (large for me, not the amounts being mentioned up this page) of BTS at a locked in price?

I don't think forum trade is viable here?
Take a look at
https://blocktrades.us/
https://metaexchange.info/
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 05:21:09 am
We just went over 1900.  Its possible that the rise may have just started.  If the 30 min moving average gives a crossover it will confirm it for sure.
Title: Re: Bitshares price discussion
Post by: puppies on September 09, 2015, 05:39:45 am
And I was hoping I could get some more money on polo before it went up.  Oh, well.  I can't really complain about a rising price.
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 05:48:22 am
Yeah i have more money coming in like a week, but im fine if it just goes up.
Title: Re: Bitshares price discussion
Post by: kenCode on September 09, 2015, 08:45:31 am
September 11 is this Friday.
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 03:04:00 pm
Still sitting at 1800, anything under 1800 is a great buy price, at some point we will begin to rally.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 09, 2015, 03:16:46 pm
Still sitting at 1800, anything under 1800 3000 is a great buy price, at some point we will begin to rally.

ftfy
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 09, 2015, 03:17:56 pm
September 11 is this Friday.

Why are you telling us this? Is the US government going to blow something up again (allegedly)?
 :-\
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 09, 2015, 03:35:35 pm
Guys... keep in mind what is about to happen to bitcoin TOMORROW:

https://bitcoinmagazine.com/21842/coinwallet-begins-pre-test-bitcoin-network-schedules-largest-stress-test-begin-september-10/

How will this impact prices for BitShares you think?
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 04:01:42 pm
I dont think that will really impact BTS at all.
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 06:10:21 pm
30 minute moving average crossover appears to be happening now.  If you were waiting for lower prices, I think the mid 1700s was the bottom and you should be trying to get in as soon as you can now.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 09, 2015, 06:22:14 pm
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 09, 2015, 06:27:28 pm
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

(http://www.quickmeme.com/img/62/628b747f8ccdfb757062f36a27eedecfc2295f515c0586e05fbfb0620c0571a2.jpg)
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 06:58:04 pm
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

Haha.

Yeah, everyone here probably all in already.  :P 
Its the technical traders that need to pile back on board now.
Title: Re: Bitshares price discussion
Post by: kenCode on September 09, 2015, 07:07:24 pm
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

Haha.

Yeah, everyone here probably all in already.  :P 
Its the technical traders that need to pile back on board now.

All in baby bring it!
Title: Re: Bitshares price discussion
Post by: iHashFury on September 09, 2015, 08:14:09 pm
Short your shorts off! Bare-arse all in  :D
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 08:25:33 pm
Short your shorts off! Bare-arse all in  :D

I wouldnt short it. :P

Might still be a final dump a bit lower, but if so it should be bought.
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 09:27:29 pm
Hmmm....

BTS is the #8 by market cap on CMC.
I am the #8 highest poster on this forum, and I'm buying BTS.
The number 8 is lucky in China, and is associated with fortune and prosperity.
China used to love BTS, this means China will now return to loving BTS!

It is a great conspiracy!  Clearly BTS will rise to 8888 sats as a result of this!


(This is how I imagine that conspiracy theorists come up with their ideas.  They just link random things together until it makes a circle, and then they think they have uncovered the secrets of reality).  :D
Title: Re: Bitshares price discussion
Post by: emailtooaj on September 09, 2015, 09:42:58 pm
Hmmm....

BTS is the #8 by market cap on CMC.
I am the #8 highest poster on this forum, and I'm buying BTS.
The number 8 is lucky in China, and is associated with fortune and prosperity.
China used to love BTS, this means China will now return to loving BTS!

It is a great conspiracy!  Clearly BTS will rise to 8888 sats as a result of this!


(This is how I imagine that conspiracy theorists come up with their ideas.  They just link random things together until it makes a circle, and then they think they have uncovered the secrets of reality).  :D

Hmmm, this was the same rational I used to find my ex-wife LOL
Title: Re: Bitshares price discussion
Post by: Ander on September 09, 2015, 11:02:46 pm
Could explode higher at any time. :)
Title: Re: Bitshares price discussion
Post by: puppies on September 09, 2015, 11:14:02 pm
Hmmm....

BTS is the #8 by market cap on CMC.
I am the #8 highest poster on this forum, and I'm buying BTS.
The number 8 is lucky in China, and is associated with fortune and prosperity.
China used to love BTS, this means China will now return to loving BTS!

It is a great conspiracy!  Clearly BTS will rise to 8888 sats as a result of this!


(This is how I imagine that conspiracy theorists come up with their ideas.  They just link random things together until it makes a circle, and then they think they have uncovered the secrets of reality).  :D

Yeah.  It's called cannabis.  It makes things like this make sense.
Title: Bitshares price discussion
Post by: phillyguy on September 10, 2015, 12:20:45 am
Now that the pitchfork is basically out of the haystack, I think we are in for a very interesting month. I just picked up a few more BTC worth at the beginning of this week :-) just in time I think.
Title: Re: Bitshares price discussion
Post by: Ander on September 10, 2015, 12:35:07 am
Now that the pitchfork is basically out of the haystack, I think we are in for a very interesting month. I just picked up a few more BTC worth at the beginning of this week :-) just in time I think.

Yep just barely.  A bit more left under 2000, which is still really cheap.
Title: Re: Bitshares price discussion
Post by: Ander on September 10, 2015, 02:19:17 am
Bears are still fighting, which just means more chances to buy. ;)
Title: Re: Bitshares price discussion
Post by: NotSmart on September 10, 2015, 03:37:32 am
I tried to buy and BTC to blocktrades but it just disappeared and I don't see any BTS in my wallet or blockchain. I have emailed support.

Someone please tell me that they resolve the issues and my BTC is not lost. I am very worried about my money. I hope they honor the rate when the transactions confirmed.
Title: Re: Bitshares price discussion
Post by: GChicken on September 10, 2015, 03:50:43 am
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

Good idea, thanks for the warning.
Are you planning to stagger your purchase or just walk the book and take all the low priced BTS in one fowl swoop?
Look forward to watching this unfold and seeing how the trollbox reacts :)
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 10, 2015, 03:55:19 am
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

Good idea, thanks for the warning.
Are you planning to stagger your purchase or just walk the book and take all the low priced BTS in one fowl swoop?
Look forward to watching this unfold and seeing how the trollbox reacts :)

I foresee something like this...

(http://38.media.tumblr.com/tumblr_mdzw2gCvCg1ri5gz2o1_500.gif)
Title: Re: Bitshares price discussion
Post by: Riverhead on September 10, 2015, 04:13:17 am
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

Good idea, thanks for the warning.
Are you planning to stagger your purchase or just walk the book and take all the low priced BTS in one fowl swoop?
Look forward to watching this unfold and seeing how the trollbox reacts :)

You're seeing it in real time.

https://bitsharestalk.org/index.php/topic,16894.msg234524.html#msg234524
Title: Re: Bitshares price discussion
Post by: Troglodactyl on September 10, 2015, 04:26:39 am
I tried to buy and BTC to blocktrades but it just disappeared and I don't see any BTS in my wallet or blockchain. I have emailed support.

Someone please tell me that they resolve the issues and my BTC is not lost. I am very worried about my money. I hope they honor the rate when the transactions confirmed.
In my experience the blocktrades guys provide excellent support.  I wouldn't be too worried, though of course any delay is disappointing.
Title: Re: Bitshares price discussion
Post by: onceuponatime on September 10, 2015, 04:30:51 am
I tried to buy and BTC to blocktrades but it just disappeared and I don't see any BTS in my wallet or blockchain. I have emailed support.

Someone please tell me that they resolve the issues and my BTC is not lost. I am very worried about my money. I hope they honor the rate when the transactions confirmed.

Blocktrades is a very reputable.site. The problem is probably the long Bitcoin confirmation times.

If you don't get your transaction filled soon, send a PM to dannotestein
Title: Re: Bitshares price discussion
Post by: GChicken on September 10, 2015, 04:53:10 am
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

Good idea, thanks for the warning.
Are you planning to stagger your purchase or just walk the book and take all the low priced BTS in one fowl swoop?
Look forward to watching this unfold and seeing how the trollbox reacts :)

You're seeing it in real time.

https://bitsharestalk.org/index.php/topic,16894.msg234524.html#msg234524

Hi River- What do you mean, the link took me back a few pages where blazin was talking about what would happen if he put 250 up; blazin only has low rep and nothing to lose; tuck has big rep and big pockets :)
Title: Re: Bitshares price discussion
Post by: Ander on September 10, 2015, 06:11:02 am
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b

Good idea, thanks for the warning.
Are you planning to stagger your purchase or just walk the book and take all the low priced BTS in one fowl swoop?
Look forward to watching this unfold and seeing how the trollbox reacts :)

You're seeing it in real time.

https://bitsharestalk.org/index.php/topic,16894.msg234524.html#msg234524

Hi River- What do you mean, the link took me back a few pages where blazin was talking about what would happen if he put 250 up; blazin only has low rep and nothing to lose; tuck has big rep and big pockets :)

Blazin and Tuck were both joking.   Or maybe Blazin was trying to manipulate us to buy, I dont know. 
Title: Re: Bitshares price discussion
Post by: jsidhu on September 10, 2015, 07:03:07 am
Blazin guy did the same thing with syscoin and another coin I think crave.. Just talk
Title: Re: Bitshares price discussion
Post by: GChicken on September 10, 2015, 07:41:26 am
Jokes aside. i fully support Tuck's move to buy up all the cheap BTS :) go for it.
Title: Re: Bitshares price discussion
Post by: NotSmart on September 10, 2015, 09:27:45 am
I received reply from dannotstein and he said he will clear the transactions in the morning. He also offered to manually add extra in case the price moved unfaorably. So far price have decreased, so this getting stuck has been good for me.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 10, 2015, 01:52:06 pm
Blazin and Tuck were both joking.

https://vimeo.com/15476780 (https://vimeo.com/15476780)
Title: Re: Bitshares price discussion
Post by: Ander on September 10, 2015, 04:50:21 pm
As a general rule, no one who is really trying to buy a huge amount of some crypto will ever want you to know that in advance.  Up until the point when they have completed buying, they will probably be silent, or even talking it down, creating FUD, etc, to try and induce people to sell to them.

Anyone claiming they are going to buy 100s of BTC worth has already bought and just wants you to buy.  And if its actually true, then they bought 900 btc already, and have 100 btc to go, and simply want people to join them in buying and help drive it up.
Title: Re: Bitshares price discussion
Post by: puppies on September 11, 2015, 08:55:28 am
I really am waiting for a bank draft to clear so I can buy more bts.  Although it's only 2btc so it's not gonna move the market at all.  Now I've also got to deal with this whole btc stress test thing though so it may take even longer to get my bts.  I'm hoping the price stays low until I can buy cause I'll probably just buy bts no matter what the price.  I'm kind of a homer like that. 
Title: Re: Bitshares price discussion
Post by: Riverhead on September 11, 2015, 09:15:30 am
I really am waiting for a bank draft to clear so I can buy more bts.  Although it's only 2btc so it's not gonna move the market at all.  Now I've also got to deal with this whole btc stress test thing though so it may take even longer to get my bts.  I'm hoping the price stays low until I can buy cause I'll probably just buy bts no matter what the price.  I'm kind of a homer like that.

I don't expect to see any real big price movements until business partners ramp up their operations on a live Graphene chain. If Graphene meets its target date of Oct 13th and partners are able to deploy quickly we'll finally start to see some real organic growth in the market cap probably around mid Q4 2015 to early Q1 2016.

The sloshing around of money within the cryptospace is fun to watch and speculate on but my guess is you have some time to bolster your holdings before new money starts to flow in.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 11, 2015, 12:04:57 pm
I don't expect to see any real big price movements until business partners ramp up their operations on a live Graphene chain.

I think there will be a couple of moves before that happens.

One will be when a respected community member comes onto the forum/reddit/BTT and/or post a video online backing up/showing BTS2 is the "bees knees".

The next will be after the public release and people see it working well with their own eyes/hands.

The third will be as you say above.

(http://workingsmartercafe.files.wordpress.com/2013/03/data-wins.jpg)
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 11, 2015, 12:14:42 pm
As a general rule, no one who is really trying to buy a huge amount of some crypto will ever want you to know that in advance. 

Disclaimer : Unless you've paid the whale 4-8 BTC (allegedly) for foreknowledge.

Title: Re: Bitshares price discussion
Post by: xeroc on September 11, 2015, 01:39:49 pm
Dont forget that MUSE will launch only weeks after bts2 .. the will shoew off the same technology!

Powered by BitShares!!
(Just another chain)
Title: Re: Bitshares price discussion
Post by: Ander on September 11, 2015, 02:50:57 pm
As a general rule, no one who is really trying to buy a huge amount of some crypto will ever want you to know that in advance. 

Disclaimer : Unless you've paid the whale 4-8 BTC (allegedly) for foreknowledge.

Yeah, unless the whale is running a pump group and collecting money for the information.  :P
Title: Re: Bitshares price discussion
Post by: puppies on September 11, 2015, 02:53:47 pm
As a general rule, no one who is really trying to buy a huge amount of some crypto will ever want you to know that in advance. 

Disclaimer : Unless you've paid the whale 4-8 BTC (allegedly) for foreknowledge.

Lol.  is that an offer?
Title: Re: Bitshares price discussion
Post by: puppies on September 11, 2015, 03:43:18 pm
Okay.  I have purchased my bts.  BTS now has my permission to go to the moon.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 11, 2015, 04:19:24 pm
As a general rule, no one who is really trying to buy a huge amount of some crypto will ever want you to know that in advance. 

Disclaimer : Unless you've paid the whale 4-8 BTC (allegedly) for foreknowledge.

Lol.  is that an offer?

I'll ask bts-wolong.  ;)
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 11, 2015, 05:06:58 pm
Okay.  I have purchased my bts.  BTS now has my permission to go to the moon.

(http://i.imgur.com/w37hKiq.png)
Title: Re: Bitshares price discussion
Post by: puppies on September 11, 2015, 06:21:36 pm
Nice one tuck
Title: Re: Bitshares price discussion
Post by: Ander on September 11, 2015, 09:21:02 pm
Thanks bears for that little dump earlier.  Got another buy in. :)

Title: Re: Bitshares price discussion
Post by: Ander on September 11, 2015, 11:45:28 pm
Keep it down for another week please bears. :)

Title: Re: Bitshares price discussion
Post by: jsidhu on September 11, 2015, 11:56:55 pm
Wonder how low Bulls are going to let it go
Title: Re: Bitshares price discussion
Post by: Ander on September 12, 2015, 12:40:20 am
Wonder how low Bulls are going to let it go

The buy orders went way down, so I guess maybe lower. 

Also lots of people dont want to wait a whole month for 2.0, they will fomo back in when there is less time left I guess.
Title: Re: Bitshares price discussion
Post by: lzr1900 on September 12, 2015, 02:07:25 am
I am back.
Buying BTS again. +5% +5% +5% yummy.
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 12, 2015, 02:34:49 am
I am back.
Buying BTS again. +5% +5% +5% yummy.

Lol welcome back lzr. You made it just in time for liftoff.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 12, 2015, 04:43:05 am
I am back.
Buying BTS again. +5% +5% +5% yummy.
Time to selL?
Title: Re: Bitshares price discussion
Post by: CalabiYau on September 12, 2015, 06:18:51 am
Nice one tuck

indeed   :) +5%
Title: Re: Bitshares price discussion
Post by: Ander on September 12, 2015, 07:55:15 am
I am back.
Buying BTS again. +5% +5% +5% yummy.
Time to selL?

Welp, I guess we're headed back to 1400. :P
Title: Re: Bitshares price discussion
Post by: Samupaha on September 12, 2015, 08:41:53 am
Do you think there will be a spike on the price when we get closer to 13th oct? People will probably transfer their BTS out of exchanges and at the same time demand might increase because the 2.0 is finally coming out.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 12, 2015, 02:49:24 pm
Do you think there will be a spike on the price

"There Will Be Spike." -  bts-wolong

such sudden. many rise. much rapid. very dohimissedtehtrain.

Title: Re: Bitshares price discussion
Post by: 38PTSWarrior on September 12, 2015, 03:06:06 pm
I am back.
Buying BTS again. +5% +5% +5% yummy.
Yeah, my first voter is back, lzr1900!
Title: Re: Bitshares price discussion
Post by: alt on September 12, 2015, 04:26:19 pm
titan account will lost privacy protect  when upgrade to v2.0.
btc38 claim they have 363,130,741.49991 BTS, but  there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.
guess what will happen at BTC38 when upgrade to v2.0?
Title: Re: Bitshares price discussion
Post by: chryspano on September 12, 2015, 06:36:07 pm
titan account will lost privacy protect  when upgrade to v2.0.
btc38 claim they have 363,130,741.49991 BTS, but  there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.
guess what will happen at BTC38 when upgrade to v2.0?

In this case I have a feeling they might encouter some "technical problems" that will not allow them to upgrade to v2.0

"Your funds are safe" but you canot withdraw them (because we damped some of them)!

I would like to see how many people will withdraw their bts before the snapshot...
Title: Re: Bitshares price discussion
Post by: jsidhu on September 13, 2015, 07:56:30 am
titan account will lost privacy protect  when upgrade to v2.0.
btc38 claim they have 363,130,741.49991 BTS, but  there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.
guess what will happen at BTC38 when upgrade to v2.0?
Maybe it was them this last pump filing the rest.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 14, 2015, 09:52:44 pm
Bitshares android app would be nice eventually. 

Do you guys see the price heading back to 5 Cents once 2.0 drops?
Title: Re: Bitshares price discussion
Post by: Akado on September 14, 2015, 09:57:20 pm
Bitshares android app would be nice eventually. 

Do you guys see the price heading back to 5 Cents once 2.0 drops?

Honestly, no. Would be pretty impressed if it even hit 2 or 2,5cents, imo. I'm just not as bullish as before. In this market I just don't see it reaching 5cent, not for a while. But hey, people could always try to push it to ethereum's marketcap
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 14, 2015, 10:00:52 pm
Yah I am seeing this the same way. Time will tell. Also we need to see what the implications of 2.0 are once it's avail to public


I hope they add a way to delete an account from the dashboard. I don't like clutter and I have some accounts I don't use
Title: Re: Bitshares price discussion
Post by: puppies on September 14, 2015, 10:13:35 pm
I think 1 cent per share is quite reasonable. 
Title: Re: Bitshares price discussion
Post by: Ander on September 14, 2015, 11:00:21 pm
Bitshares android app would be nice eventually. 

Do you guys see the price heading back to 5 Cents once 2.0 drops?

Not for a while, too many bagholders.

To hit new highs I think we need 2.0 to be successful, and new business partners to start brinigng in a bunch of customers and new money. 
Title: Re: Bitshares price discussion
Post by: xiahui135 on September 15, 2015, 01:58:31 am
Bitshares android app would be nice eventually. 

Do you guys see the price heading back to 5 Cents once 2.0 drops?

Not for a while, too many bagholders.

To hit new highs I think we need 2.0 to be successful, and new business partners to start brinigng in a bunch of customers and new money.
Yes, i also think 2.0 will bring nothing, unless it start to solve real problems.

So 2.0 is not the key, usecase is.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 15, 2015, 02:19:18 am
What would give you a better chance to double your money? A random penny stock or bitshares?
Title: Re: Bitshares price discussion
Post by: puppies on September 15, 2015, 02:29:54 am
What would give you a better chance to double your money? A random penny stock or bitshares?

Bitshares.  I think there is a very very good chance that we double this month.
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 15, 2015, 02:39:32 am
What would give you a better chance to double your money? A random penny stock or bitshares?

Obviously BitShares.

(general community rant.. not directed specifically at lil_jay890.. more about everything I see daily)

I don't understand why community members like to rag on "our" own technology and MAJOR achievements.

Mark my words.. the week following Oct 13th there is going to be a SURGE of new users coming in.

The excitement is going to be palatable.

There will be everyone clamoring over everyone to refer new users in a way you all have never seen in crypto or any other blockchain in history.

There will be a handful of you complaining that your nice shiny new Lamborghini blockchain doesn't come with fuzzy dice to hang on your rear view mirror while the rest of us have to remind you it comes with a rear view HD camera with streaming and recording so you can replay over and over the moment that Graphene left the rest of the crypto-blockchain world in the dust.

The price accordingly is going to.. in my estimation.. at least triple from where it is today. Mind you I think it will get very close to that just prior to all this.

This believe it when I see it attitude some people have is just a manifestation of their own personal fear of failure. Projecting fears in forums like this does nobody any favours.

To the risk takers and innovators go the rewards.

Title: Re: Bitshares price discussion
Post by: puppies on September 15, 2015, 03:33:09 am
We're getting some movement already.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 15, 2015, 03:49:28 am
What would give you a better chance to double your money? A random penny stock or bitshares?

Obviously BitShares.

(general community rant.. not directed specifically at lil_jay890.. more about everything I see daily)

I don't understand why community members like to rag on "our" own technology and MAJOR achievements.

Mark my words.. the week following Oct 13th there is going to be a SURGE of new users coming in.

The excitement is going to be palatable.

There will be everyone clamoring over everyone to refer new users in a way you all have never seen in crypto or any other blockchain in history.

There will be a handful of you complaining that your nice shiny new Lamborghini blockchain doesn't come with fuzzy dice to hang on your rear view mirror while the rest of us have to remind you it comes with a rear view HD camera with streaming and recording so you can replay over and over the moment that Graphene left the rest of the crypto-blockchain world in the dust.

The price accordingly is going to.. in my estimation.. at least triple from where it is today. Mind you I think it will get very close to that just prior to all this.

This believe it when I see it attitude some people have is just a manifestation of their own personal fear of failure. Projecting fears in forums like this does nobody any favours.

To the risk takers and innovators go the rewards.

Why I said a random penny stock may double faster is just the general trend of money coming out of crypto. Crypto just feels like a deflating balloon.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 15, 2015, 04:25:00 am
What would give you a better chance to double your money? A random penny stock or bitshares?

Obviously BitShares.

(general community rant.. not directed specifically at lil_jay890.. more about everything I see daily)

I don't understand why community members like to rag on "our" own technology and MAJOR achievements.

Mark my words.. the week following Oct 13th there is going to be a SURGE of new users coming in.

The excitement is going to be palatable.

There will be everyone clamoring over everyone to refer new users in a way you all have never seen in crypto or any other blockchain in history.

There will be a handful of you complaining that your nice shiny new Lamborghini blockchain doesn't come with fuzzy dice to hang on your rear view mirror while the rest of us have to remind you it comes with a rear view HD camera with streaming and recording so you can replay over and over the moment that Graphene left the rest of the crypto-blockchain world in the dust.

The price accordingly is going to.. in my estimation.. at least triple from where it is today. Mind you I think it will get very close to that just prior to all this.

This believe it when I see it attitude some people have is just a manifestation of their own personal fear of failure. Projecting fears in forums like this does nobody any favours.

To the risk takers and innovators go the rewards.

Why I said a random penny stock may double faster is just the general trend of money coming out of crypto. Crypto just feels like a deflating balloon.
Did before but now feels like money coming in again.. Everything happens in cycles. Each cycle should get bigger if we are in a real tech boom
Title: Re: Bitshares price discussion
Post by: GChicken on September 15, 2015, 05:29:57 am
and we are off and racing again
Title: Re: Bitshares price discussion
Post by: karnal on September 15, 2015, 05:53:34 am
and we are off and racing again

karnal is pleased.
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 06:48:00 am
Why cant BTS ever just move up gradually?  Why does it have to be either going down, are full on 100% FOMO to the moon full speed?
Title: Re: Bitshares price discussion
Post by: GChicken on September 15, 2015, 06:58:09 am
Look at all this crazy volume, it all started when Bytemaster announced that they are in a good position to start the 30 day count down 2 hangouts ago..
(http://i.imgur.com/RwDYsnb.png)
apologies to wolong my 'spike' is delayed on the chart a i didn't want to cut off the prices


forgive my paint skills but...
(http://i.imgur.com/zMJgTkb.png)
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 06:59:16 am
Yes, it began with a 1.6 M market buy 10 seconds after Bytemaster said that. ;)
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 15, 2015, 07:04:15 am
Things are looking on the up and up.
Title: Re: Bitshares price discussion
Post by: GChicken on September 15, 2015, 07:17:25 am
[OldMan]Back in my day sonny jim, you could buy a WHOLE Bitshares for half of 1 cent!!
[YoungBuck] Sure granddad!!  ::), have you been taking your medication... our whole house cost 100 Bitshares!!!
(http://static2.stuff.co.nz/1322608940/603/6061603.jpg)
Title: Re: Bitshares price discussion
Post by: GChicken on September 15, 2015, 08:46:08 am
bunch of 111.1111111 buy orders on the books at poloniex

also does anyone want to own up to this 145BTC buy order...?
(http://i.imgur.com/Ks2bPy0.png)
Title: Re: Bitshares price discussion
Post by: santaclause102 on September 15, 2015, 11:40:10 am
I think someone sold some XRP and bought some BTS. Checkout out stats on coinmarketcap. BTC38 is the biggest non internatl Ripple Exchange atm.
Title: Re: Bitshares price discussion
Post by: wolong on September 15, 2015, 01:09:43 pm
apologies to wolong my 'spike' is delayed on the chart a i didn't want to cut off the prices

(http://www.kelseyespecially.com/wp-content/uploads/2015/03/Hmm-okay-GIF-Kelsey-Especially.gif)
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 15, 2015, 01:14:19 pm
Why cant BTS ever just move up gradually?  Why does it have to be either going down, are full on 100% FOMO to the moon full speed?

Because this world is a volatile place, no matter if it is viewed with one's eyes or on a chart.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 15, 2015, 04:31:45 pm
(http://i.imgur.com/BkzZkHI.jpg)

                                                                                                                                                                                                                                     ^ This is why we can't have nice things.
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 04:45:12 pm
Indeed, someone shorted it under 2000 temporarily.  Was a nice time to get buys filled.
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 05:26:14 pm
I'm really happy right now that I own more BTS than ever before. ;)
I even managed to get the client to sync and bought a few extra brownies!
Title: Re: Bitshares price discussion
Post by: xeroc on September 15, 2015, 06:18:11 pm
I'm really happy right now that I own more BTS than ever before. ;)
I even managed to get the client to sync and bought a few extra brownies!
Next step: shorting bitassets .. :D
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 06:20:13 pm
I'm really happy right now that I own more BTS than ever before. ;)
I even managed to get the client to sync and bought a few extra brownies!
Next step: shorting bitassets .. :D

Nah, not going to do that.  I prefer buy and hold. :)

But others can.
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 06:23:53 pm
We could reclaim the #5 spot today.  Would be nice.
Title: Re: Bitshares price discussion
Post by: inarizushi on September 15, 2015, 08:42:28 pm
Sell wall of 125 BTC at 2100 sats. God, that's a lot
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 15, 2015, 08:49:48 pm
Sell wall of 125 BTC at 2100 sats. God, that's a lot

Price rising too fast.

Gotta slow teh roll and let the $5-$10 gang take their cut, then resume operations.
</allegedly>

https://youtu.be/8mop_2uIqEQ?t=58s (https://youtu.be/8mop_2uIqEQ?t=58s)
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 15, 2015, 09:35:26 pm
http://www.forbes.com/sites/mikemontgomery/2015/09/15/bitcoin-is-only-the-beginning-for-blockchain-technology/


Can we contact this San Francisco start up called "chain" they are hooked up with the Nasdaq. Would be a good move
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 09:35:41 pm
Sell wall of 125 BTC at 2100 sats. God, that's a lot

The walls come and go, both buy and sell.  They usually arent real.  They are just trying to induce buyers or sellers.
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 09:41:34 pm
Even though it was painful over the past year for the price to drop, I'm actually glad it happened now.  I've been able to load up on way more BTS than I ever imagined would be possible, and BTS 2.0 seems to have even more potential than what got us so excited last fall when it first released. 

This has been the opportunity of a lifetime to get in cheap.  And really, really load up on BTS.  Truly special things are going to happen now. 

Vertcoin went up 100x in three weeks.  This is what cryptos can do, this is the kind of rise we are talking about. 
Since BTS is higher cap it cant go quite that fast, but we could see 10x in a couple months and 100x in a couple years.  Wouldnt be any different than what other cryptos have done when they take off.
Title: Re: Bitshares price discussion
Post by: Akado on September 15, 2015, 10:40:07 pm

forgive my paint skills but...
(http://i.imgur.com/zMJgTkb.png)

The prophecy is upon us!
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 11:04:39 pm
The move that started a couple weeks ago is indeed a magnified version of the move in may. ;) 
Title: Re: Bitshares price discussion
Post by: Akado on September 15, 2015, 11:10:00 pm
The move that started a couple weeks ago is indeed a magnified version of the move in may. ;)

Which means the time frame between May 14th and May 20th can also increase proportionally, which means we're still set to go! I keed, I don't have technical analysis skills, but that seems like some kind of logic that makes sense. We all want it to make sense  :P
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 15, 2015, 11:14:39 pm

forgive my paint skills but...
(http://i.imgur.com/zMJgTkb.png)

The prophecy is upon us!

Great fractal analysis... one of the best and most accurate trading strategies
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 11:24:21 pm
Do not rush to sell your BTS too quickly, even though you have a profit.  2500 is still cheap.  3600 is still cheap.  These levels should provide resistance for a bit, but they will be broken in time.  If you manage to sell and buy back lower thats great, but dont try to do it with all your BTS, or you will get left behind at some point! 

In a wave 3 bull move, the important thing is to ride the trend, because it will just keep going.  There is always volatility along the way, but during this move your main goal should be to not get bucked off the ride by chasing small retracements!  The money is made by staying long here.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 15, 2015, 11:40:40 pm

forgive my paint skills but...
(http://i.imgur.com/zMJgTkb.png)

The prophecy is upon us!

Great fractal analysis... one of the best and most accurate trading strategies

Did a quick extrapolation puts us at about 8k satoshi's
Title: Re: Bitshares price discussion
Post by: Ander on September 15, 2015, 11:45:19 pm
Yeah, getting back to 8k is the first step, pretty much.  Then there will be a lot of profit taking from buyers of the cheap BTS, or people getting out at breakeven from old positions.  After that consolidation, we have to see if BTS 2.0 is the real deal and we go even higher, or not.
Title: Re: Bitshares price discussion
Post by: Ander on September 16, 2015, 12:57:45 am
I've mostly been looking at BTS in satoshi terms recently, because polo is the volume leader, but btc38 prices still show it to us in fiat terms.

This is what they show:

(http://s30.postimg.org/7gru4occx/bts5.png)

That is a potential inverse H&S formation forming below the .035 CNY resistance. 
If the .035 CNY breaks, it heads all the way up to the .053 resistance, where it could form another bullish pattern.

A break of that level would send us massively higher.
Title: Re: Bitshares price discussion
Post by: ValentinJesse on September 16, 2015, 03:16:58 am
I was posting this on polo the other day

(http://i.imgur.com/5jvOMw7.jpg)

Beautiful how it turned out.

(http://i.imgur.com/vsq1Y57.png)
Title: Re: Bitshares price discussion
Post by: Ander on September 16, 2015, 03:25:02 am
Yep, very nice ValenitnJesse!
Title: Re: Bitshares price discussion
Post by: GChicken on September 16, 2015, 04:09:12 am
Buy wall got bigger and higher

(http://i.imgur.com/W9PAkEX.png)
Title: Re: Bitshares price discussion
Post by: Ander on September 16, 2015, 04:16:32 am
What is going on with those walls on polo!  Two 200+ btc walls? wtf.
Title: Re: Bitshares price discussion
Post by: lzr1900 on September 16, 2015, 04:17:28 am
I'd just like to publicly announce that I'm about to buy 400 BTC worth of BitShares at this astronomically low price ... but it's going to take a few days for my BTC to hit teh exchange. 

=b
is that you?
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 16, 2015, 04:36:42 am
http://recode.net/2015/09/15/nine-of-the-worlds-biggest-banks-form-blockchain-partnership/


Great news.... I got 250 btc coming!!!
Title: Re: Bitshares price discussion
Post by: Ander on September 16, 2015, 04:57:14 am
http://recode.net/2015/09/15/nine-of-the-worlds-biggest-banks-form-blockchain-partnership/


Great news.... I got 250 btc coming!!!

Wow really?  Thats a lot of BTS. 
Title: Re: Bitshares price discussion
Post by: inarizushi on September 16, 2015, 02:33:58 pm
Excuse me? Watch your fucking mouth.

Well, you obviously "didn't deliver" last time, so you may need to be a bit more convincing of your honesty than just being insulting.  You clearly act like a pumper, with stupid one liners.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 16, 2015, 03:26:43 pm
What is going on with those walls on polo!  Two 200+ btc walls? wtf.

fontas is back!  :P
Title: Re: Bitshares price discussion
Post by: topcandle on September 16, 2015, 03:28:08 pm
Like I said, it takes time to get 250 btc from fiat into btc. I said it once. Stop bringing it up take your tampons out and focus on what matters kid. I'll let you all know when I put it up.

THIS ARTICLE MENTIONS BITSHARES. I HAVE NEVER SEEN BTS MENTIONED ON FORBES.

http://www.forbes.com/sites/rogeraitken/2015/09/16/bitcoin-exchange-ccedk-set-to-unveil-groundbreaking-crypto-platform-at-global-money-summit/

**YAWN** 250 BTC is negligent for BTS compared to what we saw last year.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 16, 2015, 03:29:03 pm
is that you?

It's just a coincidence.

And for the record, I won't be "cashing out" of BitShares.

I've already cashed out ... of fiat currencies and I have no intentions of cashing back in.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 16, 2015, 04:04:58 pm
I'll let you all know when I put it up.

A few minutes beforehand, please let us know where, when and at what price you'll be putting up a 250BTC order.
Title: Re: Bitshares price discussion
Post by: lakerta06 on September 16, 2015, 04:09:12 pm
Excuse me? Watch your fucking mouth.
Attempt of sarcasm?
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 16, 2015, 04:19:09 pm
I'll let you all know when I put it up.

A few minutes beforehand, please let us know where, when and at what price you'll be putting up a 250BTC order.

For sure. I was planning on doing that.
Title: Re: Bitshares price discussion
Post by: escalicha on September 16, 2015, 04:20:11 pm
 8)

Waiting you 250 wall :)  ;D
Title: Re: Bitshares price discussion
Post by: Ander on September 16, 2015, 05:14:44 pm
Like I said, it takes time to get 250 btc from fiat into btc. I said it once. Stop bringing it up take your tampons out and focus on what matters kid. I'll let you all know when I put it up.

This is very true.  I got over 40 btc into BTS recently,, and it was an endless process of waiting on stock sales to clear and bank transfers, and then coinbase. 
Title: Re: Bitshares price discussion
Post by: GChicken on September 16, 2015, 05:27:59 pm
you'd want to be quick its getting put up with out you..

How about we reducing the liquidity to short sellers at the same time watch this really take hold :)

Good night all,
Seeya tomorrow... when we are all millionaires ahahahah
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 16, 2015, 05:33:21 pm
This is very true.  I got over 40 btc into BTS recently

I was under the misconception you were a BTC (very) early-adopter.

When (what price) did you get into BTC originally?
Title: Re: Bitshares price discussion
Post by: Ander on September 16, 2015, 05:53:21 pm
This is very true.  I got over 40 btc into BTS recently

I was under the misconception you were a BTC (very) early-adopter.

When (what price) did you get into BTC originally?

I came late to bitcoin.  $600 was my first purchase, mid 2014, lol.  When it broke under 450 I started researching altcoins, and developed a good understanding of everything going on in the sector.  That knowledge made me want to keep buying even though the price was dropping.   My average btc price is now down to the low 300s, because I've bought a lot in the 200s.   At first I was just spending some spare cash on it, but this year with the low prices and signs that the stock market was topping I started selling some stocks to get more crypto.

Of course, most of my btcs have gone into bitshares now.  The percentage keeps growing over time.  Some at high prices, but a lot more in may and then september at low prices.  Driven down my costs some more with trading.  At this point the next BTS rally could take me back into a net gain on the whole crypto thing, finally.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 16, 2015, 05:58:04 pm
This is very true.  I got over 40 btc into BTS recently

I was under the misconception you were a BTC (very) early-adopter.

When (what price) did you get into BTC originally?

I came late to bitcoin.  $600 was my first purchase, mid 2014, lol.  When it broke under 450 I started researching altcoins, and developed a good understanding of everything going on in the sector.  That knowledge made me want to keep buying even though the price was dropping.   My average btc price is now down to the low 300s, because I've bought a lot in the 200s.   At first I was just spending some spare cash on it, but this year with the low prices and signs that the stock market was topping I started selling some stocks to get more crypto.

Of course, most of my btcs have gone into bitshares now.  The percentage keeps growing over time.  Some at high prices, but a lot more in may and then september at low prices.  Driven down my costs some more with trading.  At this point the next BTS rally could take me back into a net gain on the whole crypto thing, finally.

My story is almost the exact same way.  I think Max was the reason why I bought in.  It was through a youtube video.  Then there was another guy with a beard doing a youtube video as well talking about how bitshares had 100million market cap and all that.  Now I'm just going along for the ride with far more BTS than I ever thought I would own... whether that's a good or bad thing remains to be seen.
Title: Re: Bitshares price discussion
Post by: tonyk on September 16, 2015, 06:08:36 pm
  Some at high prices, but a lot more in may and then september at low prices.  Driven down my costs some more with trading.  At this point the next BTS rally could take me back into a net gain on the whole crypto thing, finally.

That's what I thought. While my position is probably 10 - 20x smaller than yours, my estimate has always been that we will brake into the green at roughly the same time.
Title: Re: Bitshares price discussion
Post by: Ander on September 16, 2015, 06:08:44 pm
Now I'm just going along for the ride with far more BTS than I ever thought I would own... whether that's a good or bad thing remains to be seen.

Yeah me too. 
"I'll buy like 50000 BTS".

Millions of BTS later...
Title: Re: Bitshares price discussion
Post by: Akado on September 16, 2015, 10:30:01 pm
Another increase in volume
Title: Re: Bitshares price discussion
Post by: escalicha on September 17, 2015, 08:36:30 am
After a bid wall of 150 bitcoins, bear downtrend
Title: Re: Bitshares price discussion
Post by: escalicha on September 17, 2015, 09:16:30 am


Follow me in the party

(https://forobits.com/uploads/default/original/2X/8/87a504f26799ec8af3a83c4002b181befceb7dbd.png)
Title: Re: Bitshares price discussion
Post by: liondani on September 17, 2015, 10:12:04 am
cap and handle formation...
waiting a little bit more for a bigger nice handle.... before we take off!
http://www.investopedia.com/terms/c/cupandhandle.asp


(https://4.bp.blogspot.com/-MPFxpdy9sJw/VfqOMhnjVRI/AAAAAAAADeE/IYuRjNE961A/s1600/cap_handle.png)
(https://2.bp.blogspot.com/-0yDMpVNSc0A/VfqRNjWTjSI/AAAAAAAADeg/GZxuNqcfpPk/s1600/cup_and_handle-3.png)

Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 17, 2015, 02:35:17 pm
And so it is written ...
(http://i.imgur.com/hmz1ZWR.jpg)
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 17, 2015, 07:07:52 pm
I can feel something rumbling
Title: Re: Bitshares price discussion
Post by: Ander on September 17, 2015, 07:24:45 pm
This move is so strong that the corrective waves were making higher lows.
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 12:03:31 am
Wow, over $60000 USD worth bought on CCEDK.  Never seen that kind of volume there before!
This could be new money coming in as a result of Ronny's presentation, great job Ronny!
Title: Re: Bitshares price discussion
Post by: jsidhu on September 18, 2015, 12:08:08 am
Wow, over $60000 USD worth bought on CCEDK.  Never seen that kind of volume there before!
This could be new money coming in as a result of Ronny's presentation, great job Ronny!

Is that volume for today or a big order?
Title: Re: Bitshares price discussion
Post by: escalicha on September 18, 2015, 12:10:38 am
pumpinggg!!!!
Title: Re: Bitshares price discussion
Post by: dichalcog3nid3 on September 18, 2015, 12:17:04 am
BitShares is THE BEST investment one can possibly make in today's world market. The life stream and collateral of the super-DAC, mothership to hundreds of billions of blockchains, assets and web apps.

(http://merkabahnk.io/img/bts/FinancialAnthropology.jpg)
Title: Re: Bitshares price discussion
Post by: alt on September 18, 2015, 12:22:12 am
Wow, over $60000 USD worth bought on CCEDK.  Never seen that kind of volume there before!
This could be new money coming in as a result of Ronny's presentation, great job Ronny!
But I think the volume is trade by bots, the depth is not good.
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 12:34:32 am
Wow, over $60000 USD worth bought on CCEDK.  Never seen that kind of volume there before!
This could be new money coming in as a result of Ronny's presentation, great job Ronny!

Is that volume for today or a big order?

Both.
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 12:45:10 am
I dont know if theres anyone reading this that still has money left, but I think you'd better buy while we are still under 2500. ;) Because after 2500 there is very little supply for a long way.
Title: Re: Bitshares price discussion
Post by: speedy on September 18, 2015, 01:16:08 am
Because after 2500 there is very little supply for a long way.

"little supply for a long way"? ? ?  The higher it goes up the more tempting it is to send my coins to an exchange and sell.
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 01:26:09 am
Because after 2500 there is very little supply for a long way.

"little supply for a long way"? ? ?  The higher it goes up the more tempting it is to send my coins to an exchange and sell.

Very true.
I mean what is on the orderbooks currently.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 18, 2015, 01:37:03 am
Because after 2500 there is very little supply for a long way.

"little supply for a long way"? ? ?  The higher it goes up the more tempting it is to send my coins to an exchange and sell.

Very true.
I mean what is on the orderbooks currently.

imagine what isn't on the orderbooks right now ... watching ... waiting.  :o
Title: Re: Bitshares price discussion
Post by: jsidhu on September 18, 2015, 01:49:46 am
Is btc38 books now matching with what they should have?
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 18, 2015, 03:35:09 am
I hate how slow coinbase is. Got about 9 days left.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 18, 2015, 03:51:28 am
I hate how slow coinbase is. Got about 9 days left.
Wtf that's so slow
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 18, 2015, 04:04:30 am
Ridiculous.
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 05:18:36 am
Yeah, I waited 4 days for coinbase. But it shouldnt take 9.

Is the problem that you arent verified or something?  I know that there is a low dollar limit when you havent been registered for a full month + verified or something like that.   It prevented me from buying a bunch of bitcoins over $500 when I wanted to, so then I bought them at 460.  Which was good, except that it kept going down. :P
Title: Re: Bitshares price discussion
Post by: liondani on September 18, 2015, 07:43:16 am
Because after 2500 there is very little supply for a long way.

"little supply for a long way"? ? ?  The higher it goes up the more tempting it is to send my coins to an exchange and sell.

Exactly.... tempting....but not convincing  :D
Title: Re: Bitshares price discussion
Post by: phillyguy on September 18, 2015, 07:54:54 am

I hate how slow coinbase is. Got about 9 days left.

Hard to believe you on that.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 18, 2015, 11:48:45 am
Yeah, I waited 4 days for coinbase. But it shouldnt take 9.

Is the problem that you arent verified or something?  I know that there is a low dollar limit when you havent been registered for a full month + verified or something like that.   It prevented me from buying a bunch of bitcoins over $500 when I wanted to, so then I bought them at 460.  Which was good, except that it kept going down. :P

Yeah man. Had to apply for a higher limit and wait on approval

I was only at 10k usd per day. I am trying to get raised to 100k daily limit.
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 18, 2015, 01:28:05 pm
Yeah, I waited 4 days for coinbase. But it shouldnt take 9.

Is the problem that you arent verified or something?  I know that there is a low dollar limit when you havent been registered for a full month + verified or something like that.   It prevented me from buying a bunch of bitcoins over $500 when I wanted to, so then I bought them at 460.  Which was good, except that it kept going down. :P

Yeah man. Had to apply for a higher limit and wait on approval

I was only at 10k usd per day. I am trying to get raised to 100k daily limit.

You are kind of hard to believe, but it's more exciting to think you're being honest here...

So, I'ma believe you. For the jollies.  ;D
Title: Re: Bitshares price discussion
Post by: GROOT on September 18, 2015, 02:12:11 pm
Guys, if I register at poloniex, do I need to submit my personal details?
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 18, 2015, 02:16:35 pm
Guys, if I register at poloniex, do I need to submit my personal details?

From what I remember when I registered, you only needed and email address and maybe a name.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 18, 2015, 02:31:01 pm
Question: I have a 20k limit on POLO....so when i do get this 250 BTC will i be able to send it all to my Polo account ? Do i need to raise my polo limit first?

Could I just send it to polo and do 20k per day but still have 250 btc in my account? How much will i lose doing this? vs putting in a large one time order?

I just want to avoid giving more info to Polo for a higher limit if I dont need to....
Title: Re: Bitshares price discussion
Post by: escalicha on September 18, 2015, 02:31:25 pm
Yeah, I waited 4 days for coinbase. But it shouldnt take 9.

Is the problem that you arent verified or something?  I know that there is a low dollar limit when you havent been registered for a full month + verified or something like that.   It prevented me from buying a bunch of bitcoins over $500 when I wanted to, so then I bought them at 460.  Which was good, except that it kept going down. :P

Yeah man. Had to apply for a higher limit and wait on approval

I was only at 10k usd per day. I am trying to get raised to 100k daily limit.

Kraken or Bitstamp maybe can help you?
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 02:33:52 pm
Question: I have a 20k limit on POLO....so when i do get this 250 BTC will i be able to send it all to my Polo account ? Do i need to raise my polo limit first?

Could I just send it to polo and do 20k per day but still have 250 btc in my account? How much will i lose doing this?

I just want to avoid giving more info to Polo for a higher limit if I dont need to....

Polo limit is only for withdrawals.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 18, 2015, 02:34:55 pm
Question: I have a 20k limit on POLO....so when i do get this 250 BTC will i be able to send it all to my Polo account ? Do i need to raise my polo limit first?

Could I just send it to polo and do 20k per day but still have 250 btc in my account? How much will i lose doing this?

I just want to avoid giving more info to Polo for a higher limit if I dont need to....

Polo limit is only for withdrawals.

Oh shit. Sketched out there my bad. So I guess im good to go.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 18, 2015, 03:19:48 pm
Because after 2500 there is very little supply for a long way.

"little supply for a long way"? ? ?  The higher it goes up the more tempting it is to send my coins to an exchange and sell.

Exactly.... tempting....but not convincing  :D
To me even 1 cent is way too cheap to sell so I'm not prepared to let go until much higher.. Patience will pay off
Title: Re: Bitshares price discussion
Post by: chryspano on September 18, 2015, 04:56:52 pm
Guys, if I register at poloniex, do I need to submit my personal details?

If you don't want to withdrawl more than $ 2000 per day (can't remember if this aplies to deposits too, probably it does) then you only need an e-mail and as a name you can type something random if you don't want to give your real name.

The limit of $ 2,000 is not only for fiat but aplies also for cryptocurrency value, e.g you can't withdraw 10 btc in one day because they worth more than $ 2,000
Title: Re: Bitshares price discussion
Post by: EstefanTT on September 18, 2015, 05:09:00 pm
Guys, if I register at poloniex, do I need to submit my personal details?

If you don't want to withdrawl more than $ 2000 per day (can't remember if this aplies to deposits too, probably it does) then you only need an e-mail and as a name you can type something random if you don't want to give your real name.

The limit of $ 2,000 is not only for fiat but aplies also for cryptocurrency value, e.g you can't withdraw 10 btc in one day because they worth more than $ 2,000

That's it. Your personal details are needed if you want to be able to withdraw more than 7000$ / day ;)
Title: Re: Bitshares price discussion
Post by: puppies on September 18, 2015, 06:31:44 pm
We are so close to taking back #5 on cmc.
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 07:04:16 pm
Yeah I see us at #5.


Also, price is rising again on polo.  Will we go break 2500 now?
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 08:03:45 pm
We need the Ron Paul 'its happening', because its happening!
Title: Re: Bitshares price discussion
Post by: BunkerChainLabs-DataSecurityNode on September 18, 2015, 08:15:09 pm
We are at #5 in CMC now!!  $14.3m market cap at 2447! Think we might break 2500 by tomorrow.

Do you think Bitcoin getting declared a commodity by the fed has anything to do with it?

https://bitsharestalk.org/index.php/topic,18500

Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 18, 2015, 08:18:51 pm
We are at #5 in CMC now!!  $14.3m market cap at 2447! Think we might break 2500 by tomorrow.

Do you think Bitcoin getting declared a commodity by the fed has anything to do with it?

https://bitsharestalk.org/index.php/topic,18500

2500's already been shredded bro, may even take down 2600!

itshappening.jpeg
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 18, 2015, 08:28:41 pm
If we break 2600 anything can happen.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 18, 2015, 08:29:22 pm
If we break 2600 anything can happen.
hit 2638.. shorts rekt
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 18, 2015, 08:31:20 pm
If we break 2600 anything can happen.
hit 2638.. shorts rekt

We hit 2638 my shorts will be rekt too. Hah.

If I were Ethereum I'd be shaking in my boots right about now... :P
Title: Re: Bitshares price discussion
Post by: jsidhu on September 18, 2015, 08:32:39 pm
If we break 2600 anything can happen.
hit 2638.. shorts rekt

We hit 2638 my shorts will be rekt too. Hah.

If I were Ethereum I'd be shaking in my boots right about now... :P

Still way too cheap.. if our market cap goes over $200 mill then maybe
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 08:35:19 pm
We are at #5 in CMC now!!  $14.3m market cap at 2447! Think we might break 2500 by tomorrow.

Do you think Bitcoin getting declared a commodity by the fed has anything to do with it?

https://bitsharestalk.org/index.php/topic,18500

No, bitcoin being declared a commodity didnt have anything to do with it. :P
The chart being super bullish had everything to do with it, as did the fundamentals of 2.0 being awesome and coming soon.
Title: Re: Bitshares price discussion
Post by: Akado on September 18, 2015, 08:41:45 pm
Is the trollbox usually about BitShares? I don't use Polo so I don't know but it seems to be the talk right now
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 08:43:46 pm
Is the trollbox usually about BitShares? I don't use Polo so I don't know but it seems to be the talk right now

Its been that way since the first day it spiked.
Title: Re: Bitshares price discussion
Post by: tonyk on September 18, 2015, 09:42:52 pm
  Some at high prices, but a lot more in may and then september at low prices.  Driven down my costs some more with trading.  At this point the next BTS rally could take me back into a net gain on the whole crypto thing, finally.

That's what I thought. While my position is probably 10 - 20x smaller than yours, my estimate has always been that we will brake into the green at roughly the same time.

 and @ 2475 sat and 233 USD/BTC, I can proudly say - I can pay the 20% premium on all of my short bitUSDs and be

 in the green  :)
Title: Re: Bitshares price discussion
Post by: Ander on September 18, 2015, 09:49:18 pm
heh.  stupid bitUSD premium!  Its a bit out of hand.

I think that happened because so much bitUSD got closed, and whats left of it is spread around to random people who lost it or whatever.
Title: Re: Bitshares price discussion
Post by: tonyk on September 18, 2015, 10:08:01 pm
heh.  stupid bitUSD premium!  Its a bit out of hand.

I think that happened because so much bitUSD got closed, and whats left of it is spread around to random people who lost it or whatever.

You think the majority of the current buy bitUSD orders are from people who has lost their keys or something? I do not find it likely...btw the time the order was placed should be easy to find.
Title: Re: Bitshares price discussion
Post by: inarizushi on September 20, 2015, 07:54:14 pm
+20% today now... I'm breathless, following the crazy action in poloniex. I don't even trade, just hodling and watching it happen... Wow.

Globally I'm still in the red however  :D, but it sure feels good. Hope the correction won't be too harsh, I really don't feel like selling and trying to by lower.
Title: Re: Bitshares price discussion
Post by: Akado on September 20, 2015, 07:54:22 pm
I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop
Title: Re: Bitshares price discussion
Post by: jsidhu on September 20, 2015, 08:00:23 pm
I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop
The pattern has changed cause polo took over our volume., we were so used to chinese dunping into efery peak on btc38.. Too much hype around new release.. Many large traders buying all they can get using hidden walls.

Imo 100k tps and lmax optimizations getting priced in.. Aswell as enhanced usability.
Title: Re: Bitshares price discussion
Post by: infovortice2013 on September 20, 2015, 08:13:06 pm
I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop

when price go up by the stairs is difficult to fall by a lifter hole.

traders start to be conscient about the power of 2.0 looks like nobody want to loose the train.

i heard China markets are not buying.
Title: Re: Bitshares price discussion
Post by: inarizushi on September 20, 2015, 08:14:24 pm
I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop

when price go up by the stairs is difficult to fall by a lifter hole.

traders start to be conscient about the power of 2.0 looks like nobody want to loose the train.

i heard China markets are not buying.
It's 4 a.m. in Beijing !
Title: Re: Bitshares price discussion
Post by: Akado on September 20, 2015, 08:39:44 pm
I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop

when price go up by the stairs is difficult to fall by a lifter hole.

traders start to be conscient about the power of 2.0 looks like nobody want to loose the train.

i heard China markets are not buying.
It's 4 a.m. in Beijing !

Yep Chine hasn't wake up yet. Let's see how it works out. But it's like 2 or 3 days with price increase without a dump, seems strange that's all. Hope it continues like this till Oct 13th
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 20, 2015, 09:25:46 pm
I was also expecting a dump that never came but to be honest..are u selling your BTS now? I am definitely not selling..I don't think many will dump before launch no matter how cheap they got their bts, unless ofcourse they absolutely need cash now.

what bothers me though is the peg..that bitusd premium is out of control and won't bring any people to adopt bitusd..
Title: Re: Bitshares price discussion
Post by: Ander on September 20, 2015, 09:30:31 pm

what bothers me though is the peg..that bitusd premium is out of control and won't bring any people to adopt bitusd..

No one cares about the 0.9.2 bitUSD, its dead.
They are al lwaiting for new system.
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 20, 2015, 09:32:07 pm
so why people are paying +20% premium to buy bitusd and why people don't sell bitusd at peg?
Title: Re: Bitshares price discussion
Post by: xeroc on September 20, 2015, 09:32:38 pm
Where are the super bulls shorting?
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 20, 2015, 09:36:47 pm
Where are the super bulls shorting?

Exactly! where are they? people prefer to trade in polo instead of earn the 30% by shorting in DEX? I don't get that..
I am personally fully  shorted in bitusd but I am not crazy to pay 20%-30% to buy back the bitusd..
so what is going on with that..Just don't get it..
Title: Re: Bitshares price discussion
Post by: puppies on September 20, 2015, 09:48:43 pm
I pulled the majority of my funds off of polo this morning and shorted bitUSD.  Peg is currently something like 1.47

After 2.0 I think our peg well be closer, and imo shorting at half a cent is a no brainer.
Title: Re: Bitshares price discussion
Post by: Akado on September 20, 2015, 10:10:11 pm
got this from the trollbox, new CNY highs of lately http://www.sosobtc.com/kline/bts/btc38.html
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 20, 2015, 10:24:55 pm
how will our Bitshares holdings be effected when 2.0 launches...i heard something about a genesis block and stuff....is this going to effect the current supply of BTS....im a crypto noob pretty much just investor...will this effect my Bitshares holdings ?
Title: Re: Bitshares price discussion
Post by: speedy on September 20, 2015, 10:37:48 pm
how will our Bitshares holdings be effected when 2.0 launches...i heard something about a genesis block and stuff....is this going to effect the current supply of BTS....im a crypto noob pretty much just investor...will this effect my Bitshares holdings ?

Your holdings in 2.0 will be exactly the same as now.
Title: Re: Bitshares price discussion
Post by: Ander on September 20, 2015, 10:59:24 pm
how will our Bitshares holdings be effected when 2.0 launches...i heard something about a genesis block and stuff....is this going to effect the current supply of BTS....im a crypto noob pretty much just investor...will this effect my Bitshares holdings ?
Direct 1 to 1 transfer to new system.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 20, 2015, 11:04:11 pm
How do we do this transfer?
Title: Re: Bitshares price discussion
Post by: Ander on September 20, 2015, 11:12:02 pm
How do we do this transfer?

You just import into the 2.0 wallet when it comes out and then you have all BTS in new system, it will be pretty easy.
Title: Re: Bitshares price discussion
Post by: Riverhead on September 20, 2015, 11:12:33 pm
How do we do this transfer?

Dump and then import your private keys to the new client from the old.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 20, 2015, 11:14:51 pm
what if you have BTS on POLO?
Title: Re: Bitshares price discussion
Post by: Troglodactyl on September 20, 2015, 11:39:29 pm
what if you have BTS on POLO?

Then it's up to them, but they should honor your balance and allow you to withdraw it to your 2.0 wallet after release.
Title: Re: Bitshares price discussion
Post by: phillyguy on September 20, 2015, 11:49:54 pm

what if you have BTS on POLO?

Then it's up to them, but they should honor your balance and allow you to withdraw it to your 2.0 wallet after release.

Running a risk there. I wouldn't trust any centralized exchange to get it right - even if they have good intentions.

Better off setting up the 0.9.2 desktop client and letting it sync or creating a web wallet at wallet.bitshares.org...then transfer your balance and backup your wallet prior to October 13th.
Title: Re: Bitshares price discussion
Post by: escalicha on September 20, 2015, 11:59:03 pm
what if you have BTS on POLO?

Any news about you bitcoins going to poloniex?
Title: Re: Bitshares price discussion
Post by: Ander on September 21, 2015, 12:01:55 am
poloniex is making a ton of money now every day, and if they mess up the 2.0 transition they stand to lose that.  so they will do everything they can to get it right i think
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 21, 2015, 12:02:26 am
Running a risk there. I wouldn't trust any centralized exchange to get it right - even if they have good intentions.

Better off setting up the 0.9.2 desktop client and letting it sync or creating a web wallet at wallet.bitshares.org...then transfer your balance and backup your wallet prior to October 13th.

 +5%
Title: Re: Bitshares price discussion
Post by: Akado on September 21, 2015, 12:10:51 am
So many fees wasted with this much volume on exchanges.

btw, anyone knows where we can get charts like bitcoinwisdom but for BTS and in real time? Without the lag of coinmarketcap?
Title: Re: Bitshares price discussion
Post by: werneo on September 21, 2015, 12:41:19 am
So many fees wasted with this much volume on exchanges.

btw, anyone knows where we can get charts like bitcoinwisdom but for BTS and in real time? Without the lag of coinmarketcap?

https://cryptrader.com/charts/poloniex/bts/btc
Title: Re: Bitshares price discussion
Post by: iHashFury on September 21, 2015, 09:48:33 am
So many fees wasted with this much volume on exchanges.

btw, anyone knows where we can get charts like bitcoinwisdom but for BTS and in real time? Without the lag of coinmarketcap?

http://coincap.io/ (http://coincap.io/)
Title: Re: Bitshares price discussion
Post by: xeroc on September 21, 2015, 12:22:29 pm
So, tell me .. is this what you would call a correction?! lol :D
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 21, 2015, 01:12:42 pm
So, tell me .. is this what you would call a correction?! lol :D

Yup, correction over, back to the moon we go! heh.
Title: Re: Bitshares price discussion
Post by: karnal on September 21, 2015, 01:51:47 pm
 :)
Title: Re: Bitshares price discussion
Post by: Ander on September 21, 2015, 03:52:45 pm
So, tell me .. is this what you would call a correction?! lol :D

Was only a small one yeah.  People who trade out trying to time the correction need to jump back in fast when it drops at all, because it barely corrects at all.
Title: Re: Bitshares price discussion
Post by: chryspano on September 21, 2015, 04:46:56 pm
Where are the super bulls shorting?

I'm having a headache every time I try to synch that piece of... "software", and I don't believe that I'm the only one. Last time I shorted and tried to do some market trading in the wallet I was forced to hold a position for months loosing a few thousand $

Recently I made some simple market buys and thats all, I don't trust/like curent version at all, funds may be safe but generally it's more than a headache.

I trully believe that with the new version we have the chance to go to the moon and beyond, but if the new wallet has issues like the current one..... we will fall like a stone.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 21, 2015, 04:59:08 pm
This shit is on fire right now...if 2.0 delivers who knows whats gonna happen...
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 21, 2015, 05:00:11 pm
Here comes the giant "M".
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 21, 2015, 05:08:50 pm
Is there going to be a complete noobs guide how to transfer my BTS from my old wallet to the new one. No idea what im doing and i dont want to fuck it up when time comes.
Title: Re: Bitshares price discussion
Post by: kenCode on September 21, 2015, 05:10:26 pm
Is there going to be a complete noobs guide how to transfer my BTS from my old wallet to the new one. No idea what im doing and i dont want to fuck it up when time comes.

http://blog.smartcoin.pw/2015/09/bitshares-how-to-prepare-your-wallet.html
Title: Re: Bitshares price discussion
Post by: xeroc on September 21, 2015, 05:12:01 pm
Is there going to be a complete noobs guide how to transfer my BTS from my old wallet to the new one. No idea what im doing and i dont want to fuck it up when time comes.
- You don't need to do anything at this point in time ..
- A tutorial will be provided
something like this:
http://blog.smartcoin.pw/2015/09/bitshares-how-to-prepare-your-wallet.html
thx to fav

//edit .. woops .. ken was faster ..
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 21, 2015, 05:14:13 pm
Is there going to be a complete noobs guide how to transfer my BTS from my old wallet to the new one. No idea what im doing and i dont want to fuck it up when time comes.

http://blog.smartcoin.pw/2015/09/bitshares-how-to-prepare-your-wallet.html


Thank you. Will there be a time limit for us to transfer over?
Title: Re: Bitshares price discussion
Post by: xeroc on September 21, 2015, 05:16:48 pm
Thank you. Will there be a time limit for us to transfer over?
definitely NOT!
Title: Re: Bitshares price discussion
Post by: btswildpig on September 21, 2015, 05:22:52 pm
This shit is on fire right now...if 2.0 delivers who knows whats gonna happen...


I know what's gonna happen . The price will go up to the top right before 2.0's release . And then after 2.0 is real , nothing will occur , because "you've ready harvested the 2.0 news to it's full potential" .

The market would exploit the 2.0 thing to the maximum power , and it would make the real 2.0 impossible to fill in the gaps . Just like what happened last year when the peg asset released .

Title: Re: Bitshares price discussion
Post by: inarizushi on September 21, 2015, 05:30:51 pm
This shit is on fire right now...if 2.0 delivers who knows whats gonna happen...


I know what's gonna happen . The price will go up to the top right before 2.0's release . And then after 2.0 is real , nothing will occur , because "you've ready harvested the 2.0 news to it's full potential" .

The market would exploit the 2.0 thing to the maximum power , and it would make the real 2.0 impossible to fill in the gaps . Just like what happened last year when the peg asset released .

Well, that's if the referral program doesn't work ! If it does work, new users, fees, huge marketing..., and we'll start seeing a price increase due to real added value rather than only speculation/anticipation of speculation.
Title: Re: Bitshares price discussion
Post by: xeroc on September 21, 2015, 05:35:27 pm
IMHO (and I am not a trader) we will see a major correction after release .. simply because the ecosystem needs to to switch over and evolve .. same holds true for the referral program ..
Every thruster is going to be aligned, but (and I am sure @Stan agrees with me) .. massive inertia needs a little time for the massive lift-off :)
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 21, 2015, 05:42:39 pm
IMHO (and I am not a trader) we will see a major correction after release .. simply because the ecosystem needs to to switch over and evolve .. same holds true for the referral program ..
Every thruster is going to be aligned, but (and I am sure @Stan agrees with me) .. massive inertia needs a little time for the massive lift-off :)

I agree, except I think it will happen before and after 2.0 release.

I think we'll see a dump "correction" soonTM which will take us between 2600-2400 and then back up until 2.0 release for the major dump correction you mention.
Title: Re: Bitshares price discussion
Post by: tonyk on September 21, 2015, 05:44:16 pm
The price? That is what happens when the price was 1400 and now the overwhelming majority thinks it will soon be 5000/7500/9000. The price cannot just jump 3-5-7x overnight.

Add to that that even people who considered themselves 100% invested at 1400, want to become a bit more long as their prediction is turning true. I personally had a small order @ 0.00002754... So I missed the lowest of the correction with 35 satoshi or so. The good thing is the internal bitUSD market offers a ton of cheap BTS for the bulls.
Title: Re: Bitshares price discussion
Post by: Ander on September 21, 2015, 05:45:53 pm
IMHO (and I am not a trader) we will see a major correction after release .. simply because the ecosystem needs to to switch over and evolve .. same holds true for the referral program ..
Every thruster is going to be aligned, but (and I am sure @Stan agrees with me) .. massive inertia needs a little time for the massive lift-off :)

I agree, except I think it will happen before and after 2.0 release.

I think we'll see a dump "correction" soonTM which will take us between 2600-2400 and then back up until 2.0 release for the major dump correction you mention.

People are so beaten down by past dumps that they dont realize that wave 3 just keeps going up.  Minor corrections of 200 sats are all we are getting right now.

Yes there will be a correction larger than that at some point, but it will come higher than 3000.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 21, 2015, 06:05:02 pm
Yeah we will probably stay under 0.01 cent until release
Title: Re: Bitshares price discussion
Post by: EstefanTT on September 21, 2015, 06:07:07 pm
I was having fun with paint and I made this.

As you can see, , I'm immensely tralented  ;P

It was just for me, for fun but I thought maybe someone will have a cool comment so ...

It's a projection chart of the price until the 13th of October if we keep having the same  evolution.

At higher prices, it won't be as easy as now to gain maket cap (in terms of %)  but as we get closer to the 13th, the buyers pression should increase and the sellers one decrease so ... Is that realistic ?

(http://s6.postimg.org/av3n72tz5/fun.png)
Title: Re: Bitshares price discussion
Post by: Ander on September 21, 2015, 06:21:04 pm
I think we'll see a dump "correction" soonTM which will take us between 2600-2400 and then back up until 2.0 release for the major dump correction you mention.

I dont think this is happening.  Don't let BTS buck you off, stay with the trend!

We got a correction from 3100 to just under 2800 already, that was the correction.
Title: Re: Bitshares price discussion
Post by: werneo on September 21, 2015, 06:30:06 pm
I think we'll see a dump "correction" soonTM which will take us between 2600-2400 and then back up until 2.0 release for the major dump correction you mention.

I dont think this is happening.  Don't let BTS buck you off, stay with the trend!

We got a correction from 3100 to just under 2800 already, that was the correction.

There seems to be resistance at the ~3100 level. That could portend a brief correction. I will buy again if the 3150 level is breached in earnest, otherwise I will wait to catch the dip.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 21, 2015, 06:43:25 pm
If it dips, I'm throwing a full 2000 mBTC in the ring!
Title: Re: Bitshares price discussion
Post by: Ander on September 21, 2015, 07:43:35 pm
A funny thing.  In a downtrend we call it a "dump", when its going sideways its a "correction", and when its up a ton its "profit taking".  But those are all the same thing. :P
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 21, 2015, 09:51:14 pm
I think we will stay in between 2500- 3k for the next few months. I would advice everyone here to sell and wait this storm out. We should see a major correction anytime now.
 
Title: Re: Bitshares price discussion
Post by: Ander on September 21, 2015, 11:15:51 pm
I think we will stay in between 2500- 3k for the next few months. I would advice everyone here to sell and wait this storm out. We should see a major correction anytime now.

I think this is the time to buy before the next move up.  This 2900 range is great buying zone.
Title: Re: Bitshares price discussion
Post by: phillyguy on September 21, 2015, 11:57:14 pm

I think we will stay in between 2500- 3k for the next few months. I would advice everyone here to sell and wait this storm out. We should see a major correction anytime now.

Been reading your posts for the past few days. I don't know what to think of you man.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 21, 2015, 11:58:58 pm
We will probably stay under 1 cent until release.
Title: Re: Bitshares price discussion
Post by: phillyguy on September 22, 2015, 12:04:07 am

We will probably stay under 1 cent until release.


If we break 2600 anything can happen.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 12:16:59 am
Here comes the giant "M".

(http://i.imgur.com/bKSFW5O.jpg)

ahhhh, run for your lives! (or at least down to 2650). ;)

Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 12:25:04 am
Sell sell sell. Best time to sell is now.
Title: Re: Bitshares price discussion
Post by: Ander on September 22, 2015, 12:47:52 am
Everyone is bearish now, lol, but if it drops it should be bought.  Some sort of triangle correction or ABC a bit lower probably.  Once its done correcting we go break 3200.

People who sold 3000 got lucky that it worked. ;) 
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 12:58:01 am
People who sold 3000 got lucky that it worked. ;)

I don't know about all that. It's kind of a science after years of watching crypto pump & dumps.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 01:07:01 am
Yeah I am definitely very very berish for the next few weeks until I see the release. We wont see 3k I dont think though. Anyone planning any big buys this week I would wait this out IMHO.

ill wait till 2k to get in.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 01:49:59 am
ill wait till 2k to get in.

 :P
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 22, 2015, 03:54:41 am
I think we will stay in between 2500- 3k for the next few months. I would advice everyone here to sell and wait this storm out. We should see a major correction anytime now.

So you are advising everyone to sell because we are going to consolidate between 25 and 30?  How does consolidation at the highs equal a "major correction"?  Not saying that you have no idea what your talking about, but your analysis doesn't really make sense
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 04:14:31 am
I think an EPIC dump is going to happen over the next 4 days. We shall watch. Ill be back Friday to say I told you so. Back to 1900k
Title: Re: Bitshares price discussion
Post by: jsidhu on September 22, 2015, 04:44:40 am
I think an EPIC dump is going to happen over the next 4 days. We shall watch. Ill be back Friday to say I told you so. Back to 1900k
this is why it will go up instead. Ppl waiting for a big dip.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 04:59:24 am
I think an EPIC dump is going to happen over the next 4 days. We shall watch. Ill be back Friday to say I told you so. Back to 1900k

My Grandfathers Gorilla Glue #4 visions have confirmed this dump.

But he says you must be on peyote if you've seen visions of 1900.  :P

I'd love to see 1900 right about now, but ... I don't have any peyote.

Someone throw some useless TA up so we can all mock you later with our vision strategy.  :P

BTW, that dump ... she has a started.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 05:01:36 am
I think an EPIC dump is going to happen over the next 4 days. We shall watch. Ill be back Friday to say I told you so. Back to 1900k

My Grandfathers Gorilla Glue #4 visions have confirmed this dump.

But he says you must be on peyote if you've seen visions of 1900.  :P

I'd love to see 1900 right about now, but ... I don't have any peyote.

Someone throw some useless TA up so we can all mock you later with our vision strategy.  :P


Please everyone just sell I dont want you to get rekt. Massive dumps incoming.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 05:16:22 am
(http://i.imgur.com/58Ls9K6.jpg)
The artistry is a little malformed, timings off a little, but decent work.

(http://stream1.gifsoup.com/view/824576/the-horror-o.gif)


You can almost smell the panic on both sides right here at mid 2600 area.  :P

If you sell here, you might get burned.

If you buy here, you might get burned (short term).

I'm phoning a friend. 1-BTS-WOLONG1

I'm no expert but ... this is not looking good.

Ander, what do all of these big red lines mean?  Is that bad?  I'm just having fun.

(http://i.imgur.com/pJhDB4Z.gif)

Man where is Miss Cleo when you need her?
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 08:00:59 am
Yeah we may even see a new All time low here incoming
Title: Re: Bitshares price discussion
Post by: phillyguy on September 22, 2015, 10:27:22 am

Yeah we may even see a new All time low here incoming

New All Time Low? You're full of FUD.
Title: Re: Bitshares price discussion
Post by: liondani on September 22, 2015, 10:51:55 am

Yeah we may even see a new All time low here incoming

New All Time Low? You're full of FUD.

I like it when FUD is obvious like now, and I hate it when I I am lucking to identify FUD...
Obviously I feel very comfortable right now  :)
Title: Re: Bitshares price discussion
Post by: denzi on September 22, 2015, 01:01:40 pm


Weekly pump process of BTS  based on speculation and  gossips due to issue 2.0 version.  2.0 news already played out. Before 13th oct it will be dumped to 1900 - 2200sat, that is the most real scenario I think.  Its can be pumped again closer to 13th and again this will be based on speculation. The real  healthy grow will be after BTS community increasing,  caused by effective technical  breakthrough  due to 2.0 version. I think this natural process will be extended in time of 1 - 3 months after the 2.0 version will be issued, and mostly it will depends  of marketing organization of the project. 
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 22, 2015, 01:36:55 pm
It's pretty obvious what's going on here. Price shot up quite a bit after "October 13th" was announced, and now we've got a slight pullback after having jumped up so quick. We've still got 3 weeks until October 13th, so it's not like the price was just gonna keep going up linearly until that date. Now that the initial run-up has begun to lose steam, people will sell and try to buy back lower, knowing full well another pump is around the corner closer to October 13th. This is why we see guys throwing heavy amounts of FUD, so they can (re)buy lower.

I'll just keep on hodling as I always do.
Title: Re: Bitshares price discussion
Post by: lakerta06 on September 22, 2015, 02:02:02 pm


Weekly pump process of BTS  based on speculation and  gossips due to issue 2.0 version.  2.0 news already played out. Before 13th oct it will be dumped to 1900 - 2200sat, that is the most real scenario I think.  Its can be pumped again closer to 13th and again this will be based on speculation. The real  healthy grow will be after BTS community increasing,  caused by effective technical  breakthrough  due to 2.0 version. I think this natural process will be extended in time of 1 - 3 months after the 2.0 version will be issued, and mostly it will depends  of marketing organization of the project.

Your only 2 posts are copy of each other. And they claim price fall. Welcome to FUD club.

Your kind started to show up around here lately you know? And this gives me greater confidence to hodl on to my shares.
Title: Re: Bitshares price discussion
Post by: godzirra on September 22, 2015, 03:08:44 pm
Just do the exact opposite of what Blazin8888 says he's doing, and you should be alright.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 03:13:46 pm
Charts are looking very very bad. This entire thing could be a bear trap.

BEST ADVICE:
SELL.
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 22, 2015, 03:20:59 pm
Charts are looking very very bad. This entire thing could be a bear trap.

BEST ADVICE:
SELL.


A bear trap is actually a bullish chart pattern... It's meant to make it look like we are about to enter a bear market, but then shoots upward after a small correction.  Hence trapping the bears.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 03:29:16 pm
TYPO BULL TRAP

FALLING
Title: Re: Bitshares price discussion
Post by: chryspano on September 22, 2015, 03:34:06 pm
Come on guys, this Blazin8888 claimed he had tons of btc to buy bts and he "anounced" it in this forum, LOL.

Now he is telling us to sell because the price will go down, LOL.

When this guy says that the price will go up or down I don't think it's wise to listen to him, his posts belong to the polo trollbox.


Title: Re: Bitshares price discussion
Post by: lakerta06 on September 22, 2015, 03:36:32 pm
TYPO BULL TRAP

FALLING
Lol. I almost sold.  :P
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 03:43:53 pm
The price is clearly falling +5%
Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 22, 2015, 03:54:21 pm
Sorry guys, I couldn't handle all the FUD. Had to sell. I'm just thankful that blazin brought me to my senses before it was too late and the low prices swallowed me whole and killed my dog.

 :P

I hate how slow coinbase is. Got about 9 days left.

I take it your coinbase transfer came in early?
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 04:06:31 pm
Sorry guys, I couldn't handle all the FUD. Had to sell. I'm just thankful that blazin brought me to my senses before it was too late and the low prices swallowed me whole and killed my dog.

 :P

I hate how slow coinbase is. Got about 9 days left.

I take it your coinbase transfer came in early?

Oh no not going to buy now anyways. The market is looking horrible. Good move to sell. This will fall much further during the rest of this week. We will probably reset to where we started before the countdown.
Title: Re: Bitshares Price SPECULATION
Post by: Tuck Fheman on September 22, 2015, 04:32:19 pm
spec·u·la·tion
noun

    1. the forming of a theory or conjecture without firm evidence.



Can we change the title for this thread to "BTS Price Speculation"?

This should make it more apparent to everyone reading that the people posting are not always going to be 100% accurate or truthful with their comments ... like on CNBC. (bahahhaah)  :P 

It's the point of these types of threads, or so I thought. I want to read/hear every crazy ass theory on price I can and not discount a single one, for within them are truths for the trained eye.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 22, 2015, 04:58:59 pm
Sorry guys, I couldn't handle all the FUD. Had to sell. I'm just thankful that blazin brought me to my senses before it was too late and the low prices swallowed me whole and killed my dog.

 :P

I hate how slow coinbase is. Got about 9 days left.

I take it your coinbase transfer came in early?
he got to u hey? I hope we get to pin your post on a new epic fail thread looking in hindsight.
Title: Re: Bitshares price discussion
Post by: Ander on September 22, 2015, 05:18:14 pm
Seems like the traders who don't know bts and jumped in for the ride last week when it went up all sold and shorted and are now trying to FUD. 

I bought back in in the 2800s with the part that I sold (not a lot this time), because I thought we were going to see a double bottom around 2800 and then rise again.  Guess we went deeper, oh well.  Good job anyone that waited, but I would be trying to get back in between 2500 and 2700.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 22, 2015, 05:29:36 pm
Seems like the traders who don't know bts and jumped in for the ride last week when it went up all sold and shorted and are now trying to FUD. 

I bought back in in the 2800s with the part that I sold (not a lot this time), because I thought we were going to see a double bottom around 2800 and then rise again.  Guess we went deeper, oh well.  Good job anyone that waited, but I would be trying to get back in between 2500 and 2700.
Ive thought about doing that but it doesnt make sense to us because to accumulate our stacks and make it worthwhile it would take a pretty steep and prolonged retrace for us to recover our stacks at a cheaper price, the chances of that happening while liquidity is still low is very minimal, even though this would have presented the opportunity. In the end buy & hold works out better until liquidity is sufficient to dump and pump.
Title: Re: Bitshares price discussion
Post by: Pheonike on September 22, 2015, 05:34:23 pm
I sold a couple hundred thousands in the 2800s when i saw the decline. I hesitated doing it at 3000.  I'm still long on Polo with a base of 1748.  Just buying the sub 2600 and hopefully sub 2400 dips until it starts climbing back up. Can't wait to be able to this kind of trading in BTS.
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 05:39:35 pm
I sold a couple hundred thousands in the 2800s when i saw the decline. I hesitated doing it at 3000.  I'm still long on Polo with a base of 1748.  Just buying the sub 2600 and hopefully sub 2400 dips until it starts climbing back up. Can't wait to be able to this kind of trading in BTS.


Yeah will probably fall to 1k maybe lower. Sorry guys.

Good move selling. Dont buy again till after 13th.
Title: Re: Bitshares price discussion
Post by: Ander on September 22, 2015, 05:40:55 pm
I see there is something about people worrying the forum was hacked, and worried that tons of bts were going to get dumped as a result, might be why the correction is deeper.
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 22, 2015, 05:52:52 pm
if you sell your bts, bts will fall. Simple..Now is the time to support the price, show the speculators that this community is backing up bts price and is not dumping..Let them pay more for your BTS that you kept for so long and the ones you had the balls to buy at low levels when others thought that bts is dead..

Let's try to be different for a change than everyone else. Let's make it clear that bts holders are holders and do not dump when we see a 100% rise from the low especially when bts2 is about to launch. DON'T SELL NOW!! We deserve more than that..
Title: Re: Bitshares price discussion
Post by: puppies on September 22, 2015, 05:59:27 pm
if you sell your bts, bts will fall. Simple..Now is the time to support the price, show the speculators that this community is backing up bts price and is not dumping..Let them pay more for your BTS that you kept for so long and the ones you had the balls to buy at low levels when others thought that bts is dead..

Let's try to be different for a change than everyone else. Let's make it clear that bts holders are holders and do not dump when we see a 100% rise from the low especially when bts2 is about to launch. DON'T SELL NOW!! We deserve more than that..

Well said.  Do not allow yourself to be manipulated by people like blazin8888.  It is pretty obvious he is a troll.  Ask yourself why he is so intent on getting you all to sell at this price.  Could he and his PnD buddies be buying? 
Title: Re: Bitshares price discussion
Post by: Ander on September 22, 2015, 06:10:38 pm
Well said.  Do not allow yourself to be manipulated by people like blazin8888.  It is pretty obvious he is a troll.  Ask yourself why he is so intent on getting you all to sell at this price.  Could he and his PnD buddies be buying?

Yes everyone who got left behind became desperate to get in on a pullback and started trolling. :P
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 22, 2015, 06:24:47 pm
if you sell your bts, bts will fall. Simple..Now is the time to support the price, show the speculators that this community is backing up bts price and is not dumping..Let them pay more for your BTS that you kept for so long and the ones you had the balls to buy at low levels when others thought that bts is dead..

Let's try to be different for a change than everyone else. Let's make it clear that bts holders are holders and do not dump when we see a 100% rise from the low especially when bts2 is about to launch. DON'T SELL NOW!! We deserve more than that..

Lol I doubt this forum has enough buying/selling power to really effect the price for more than a day.  Putting our rings together like we're calling Captain Planet isn't going to do anything...
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 06:25:14 pm
Don't read too much into this, but ...

Anyone thinking that the 9/15 - 9/20 rise was "natural" is ... wrong, to put it mildly.

Also, to me, a "dump" is when you're not invested in a coin for anything other than BTC/fiat.

The temptation to sell into an obvious "pump" at peak is "natural", when you wish to obtain more at a lower price.

Or is it? Let's discuss it on Twitter @ #Idontreallycareeitherwaybecauseitsyourfuckingmoneysodowithitwhatyouwant

It's always going to come back down (hard) after a pump like this.

It's "natural" as a long term bull hodler to want to obtain even more precious shares at the expense of a "pumper" or those who are here to buy the hype for a quick buck.

The thing is, neither one of the above are part of this "Community".

One's here to pump & dump for more BTC/fiat, the others are here to ride the wave ... for more BTC/fiat.

Taking advantage of their myopic vision and ultimately inferior choice of cryptocurrency/"money" is something "Community" members should be doing IMHO.

I could be wrong.


Title: Re: Bitshares price discussion
Post by: Pheonike on September 22, 2015, 06:52:27 pm

If I was just buying I would just hold, but when you are buying on margin you gotta sell sometimes to keep from getting ran over.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 06:59:37 pm
I gotta admit though, 2200 is looking awful likely and dare I say, probably where we should be at "naturally". ;)
Title: Re: Bitshares price discussion
Post by: Ander on September 22, 2015, 07:06:10 pm
I gotta admit though, 2200 is looking awful likely and dare I say, probably where we should be at "naturally". ;)

I strongly disagree.  Most of the rise was pretty steady and non crazy, it only got crazy near the top.  And we've already retraced the crazy part.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 07:08:26 pm
I gotta admit though, 2200 is looking awful likely and dare I say, probably where we should be at "naturally". ;)

I strongly disagree.  Most of the rise was pretty steady and non crazy, it only got crazy near the top.  And we've already retraced the crazy part.

The "crazy part" starts on 9/4 and (this round) ended on 9/20. ;)

Also...
(http://i.imgur.com/4OXwPt1.jpg)
I have to agree with Blazin that on 9/25 we "should/could" be down to around 2200. Then a near week long lull and off to the races we go again ... or I could be wrong.
(http://i.imgur.com/Vf2BQVQ.jpg)

Disclaimer : I'm not attempting to FUD to get people to sell. I will buy if you sell at this crazy ass low price below 3000 sats, but that is not my intention by disclosing my opinion above. I've stated for a long time that any purchase below 3000 sats was cheap and I still believe that to this day. However, I don't think the charts agree with me and I believe many others think we should be lower than this right now. I will buy your BitShares though! ;)
Title: Re: Bitshares price discussion
Post by: tonyk on September 22, 2015, 07:34:57 pm
I gotta admit though, 2200 is looking awful likely and dare I say, probably where we should be at "naturally". ;)

The "craziness" started Nov  Dec of 2014 (call it 3600 to 5000 satoshi). The craziness will end successfully i.e. with much improved product on Oct 13th.
If you do not think the average  ~4300 is the very very bottom of reasonable you must have low hopes/opinion for BTS. That's why I wander what is this if not FUD in an attempt to buy cheap.
That's what it sounds like, at least.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 07:49:50 pm
The "craziness" started Nov  Dec of 2014 (call it 3600 to 5000 satoshi). The craziness will end successfully i.e. with much improved product on Oct 13th.
If you do not think the average  ~4300 is the very very bottom of reasonable you must have low hopes/opinion for BTS. That's why I wander what is this if not FUD in an attempt to buy cheap.
That's what it sounds like, at least.

Yeah, no I don't agree with ~4300 with this v9 client that most people I've referred to BitShares can't run. Hell fuzzy can't get it to run. That's just brutal honesty. There's no other way to put it and I've said it before, the client sucks at doing what it's supposed to do, even at the most basic level. Dan knows this, hell you know this, right? So no, I'm not spreading FUD, BitShares is worth 1 cent at most right now as is and nothing more and that may be generous for outsiders.

When 2.0 is released and proven to work (far) better than 1.0, then I believe we'll see 7750 and beyond as time goes by.

But who are we kidding, 3000 sats vs 4300 sats (up to 6500 sats?) is still .01 USD, currently. ;)

Title: Re: Bitshares price discussion
Post by: tonyk on September 22, 2015, 08:00:32 pm
The "craziness" started Nov  Dec of 2014 (call it 3600 to 5000 satoshi). The craziness will end successfully i.e. with much improved product on Oct 13th.
If you do not think the average  ~4300 is the very very bottom of reasonable you must have low hopes/opinion for BTS. That's why I wander what is this if not FUD in an attempt to buy cheap.
That's what it sounds like, at least.

Yeah, no I don't agree with ~4300 with this v9 client that most people I've referred to BitShares can't run. Hell fuzzy can't get it to run. That's just brutal honesty. There's no other way to put it and I've said it before, the client sucks at doing what it's supposed to do, even at the most basic level. Dan knows this, hell you know this, right? So no, I'm not spreading FUD, BitShares is worth 1 cent at most right now as is and nothing more and that may be generous for outsiders.

When 2.0 is released and proven to work (far) better than 1.0, then I believe we'll see 7750 and beyond as time goes by.

But who are we kidding, 3000 sats vs 4300 sats (up to 6500 sats?) is still .01 USD, currently. ;)

Yee about fuzz. I do not think he is trying to get it to run...My theory is he has told his wife that he has some bitUSD and "he can sell them for a ton of BTS right about now." When the reality is - ha has only plain old BTS which are at 80-90% below their pick.... :)

What is your explanation of him having at least 10 people that can run the client for him and he can also trust they will not run with his money?
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 08:05:14 pm
Yee about fuzz. I do not think he is trying to get it to run...My theory is he has told his wife that he has some bitUSD and "he can sell them for a ton of BTS right about now." When the reality is - ha has only plain old BTS which are at 80-90% below their pick....

Let's discuss that on Twitter @ #Thatsnoneofmyfuckingbusiness ;)

Title: Re: Bitshares price discussion
Post by: 38PTSWarrior on September 22, 2015, 08:06:31 pm
To buy and hold is what I sell, wait 5 years, it will be swell! For crazy peeps the market is, for longterm holders party is.
Title: Re: Bitshares price discussion
Post by: mf-tzo on September 22, 2015, 08:09:13 pm
@tonyk..lol..that is exactly what I have told my wife..That i have bitusd when the reality is that i just have good old very very expensive bts and no car anymore..
Title: Re: Bitshares price discussion
Post by: Ander on September 22, 2015, 08:12:40 pm
Tuck I agree that the 0.9 client has problems.  There were long stretches where I couldnt use bitshares because I couldnt get it to sync, though fortunately I got it working again recently.

That doesnt matter anymore because 2.0 fixes it.

2200 'could happen', anything 'could happen', but the probability is not in its favor. 

Many signs are now indicating to me that 2580 was the bottom of the correction.  It cut deeper than I expected, so congrats to all who sold higher, you did well. 

Just please make sure you get back in lower than you sold.  Especially us in the bitshares community should make sure not to miss out on the rise. 
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 22, 2015, 08:18:44 pm
Yeah looks to me its going to continue to fall so I would continue to sell off all my holdings while I can. Especially before OCT 13. Any potential investors reading this ...beware. Dont invest until after wallet migration.
Title: Re: Bitshares price discussion
Post by: liondani on September 22, 2015, 08:19:33 pm
@tonyk..lol..that is exactly what I have told my wife..That i have bitusd when the reality is that i just have good old very very expensive bts and no car anymore..

I have told my wife that I probably get $300 per month since I expect to be one of the 17 "golden" future witnesses!  That's a half paycheck here in Greece  :P
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 08:22:21 pm
That doesnt matter anymore because 2.0 fixes it.

But that's not a realistic approach IMHO Ander.

2.0 doesn't exist, outside of a testnet. 2.0 has yet to do what it promises to do, even on a testnet.

That day may come and I hope it does and I anticipate it will, but it's not a reality ... yet.

I'm just not the kind of person to shove all-in with a gutshot straight draw, especially after watching many others get burned, unless it's a bluff. ;)
Title: Re: Bitshares price discussion
Post by: D4vegee on September 22, 2015, 08:23:54 pm

Yeah looks to me its going to continue to fall so I would continue to sell off all my holdings while I can. Especially before OCT 13. Any potential investors reading this ...beware. Dont invest until after wallet migration.

Go away dipshit
Title: Re: Bitshares price discussion
Post by: Ander on September 22, 2015, 08:27:50 pm
That doesnt matter anymore because 2.0 fixes it.

But that's not a realistic approach IMHO Ander.

2.0 doesn't exist, outside of a testnet. 2.0 has yet to do what it promises to do, even on a testnet.

That day may come and I hope it does and I anticipate it will, but it's not a reality ... yet.

I'm just not the kind of person to shove all-in with a gutshot straight draw, especially after watching many others get burned, unless it's a bluff. ;)

Just please Tuck get back in lower than you bought. I dont want to see you missing the rise and then joining newmine and blazin8888 by making FUD memes.
Title: Re: Bitshares price discussion
Post by: liondani on September 22, 2015, 08:29:52 pm
if you sell your bts, bts will fall. Simple..Now is the time to support the price, show the speculators that this community is backing up bts price and is not dumping..Let them pay more for your BTS that you kept for so long and the ones you had the balls to buy at low levels when others thought that bts is dead..

Let's try to be different for a change than everyone else. Let's make it clear that bts holders are holders and do not dump when we see a 100% rise from the low especially when bts2 is about to launch. DON'T SELL NOW!! We deserve more than that..

I am thinking the opposite way... Hopefully FUDers make their job and give us our last chance to buy more BTS than we dreamed of!
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 08:38:18 pm
Just please Tuck get back in lower than you bought. I dont want to see you missing the rise and then joining newmine and blazin8888 by making FUD memes.

back in? who said i got out? i'm buying all the way down baby!

my goal is and always has been to accumulate as much of the top cryptocurrency as i can.

i assume the rest of you would like to obtain as much as possible too?

the only people who don't want to accumulate more bts now are those wanting dat fiat high.

i determined bitshares was "the chosen one" and invested accordingly.

please do not misinterpret my brutal honesty as negativity.

i'm a raging fucking bull full of bitshares man. if i create a negative meme, it's making fun of the bears.

i'm simply pointing out what i think is ludicrous.

hey look, it's Ludacris!

(http://i939.photobucket.com/albums/ad237/gnuxyz-p/2014-11-15_07h47_30_zpsaa7a1ac9.jpg)
Title: Re: Bitshares price discussion
Post by: donkeypong on September 22, 2015, 08:44:46 pm
Yeah looks to me its going to continue to fall so I would continue to sell off all my holdings while I can. Especially before OCT 13. Any potential investors reading this ...beware. Dont invest until after wallet migration.

If newbies are reading this, I would not take anybody's "advice" on this forum. It's just noise. Do your own research and due diligence. And then realize that there are two types of "advice": short term and long term. Short term is for those trying to speculate on what the price will be in the next few weeks as we near the 2.0 launch. Longer term holders will tell you that you'd be crazy to sell at all with this monster set to debut soon.
Title: Re: Bitshares price discussion
Post by: jsidhu on September 22, 2015, 08:48:23 pm
Yeah looks to me its going to continue to fall so I would continue to sell off all my holdings while I can. Especially before OCT 13. Any potential investors reading this ...beware. Dont invest until after wallet migration.

what holdings.. thought your btc wasnt in also you said you were "going to wait" to get in lol now you bought?
Title: Re: Bitshares price discussion
Post by: denzi on September 22, 2015, 09:03:23 pm


Weekly pump process of BTS  based on speculation and  gossips due to issue 2.0 version.  2.0 news already played out. Before 13th oct it will be dumped to 1900 - 2200sat, that is the most real scenario I think.  Its can be pumped again closer to 13th and again this will be based on speculation. The real  healthy grow will be after BTS community increasing,  caused by effective technical  breakthrough  due to 2.0 version. I think this natural process will be extended in time of 1 - 3 months after the 2.0 version will be issued, and mostly it will depends  of marketing organization of the project.

Your only 2 posts are copy of each other. And they claim price fall. Welcome to FUD club.

Your kind started to show up around here lately you know? And this gives me greater confidence to hodl on to my shares.

If I have two posts that meens I am in a FLUD club?)) If you was more attentive, you would notice why i replay my post in this topic)) I put here my opinnion only, and I explained my conclusions. If you criticize then offer your own version. I belive at bitshare that their price will grows in 1 year. But this grows will be not in this week. 
Title: Re: Bitshares price discussion
Post by: inarizushi on September 22, 2015, 09:20:26 pm
ValentinJesse told us about Blazin8888. Please ban the FUDer. I guess he'll get back and go cry to newmine, but lying, FUDing and being aggressive deserves a ban.

denzi, 100% of your posts are FUD based on "your opinion/your conclusions". Could we have an insight into your analysis/arguments ? Or is it just an opinion based on a feeling ?
Title: Re: Bitshares price discussion
Post by: denzi on September 22, 2015, 09:50:39 pm
ValentinJesse told us about Blazin8888. Please ban the FUDer. I guess he'll get back and go cry to newmine, but lying, FUDing and being aggressive deserves a ban.

denzi, 100% of your posts are FUD based on "your opinion/your conclusions". Could we have an insight into your analysis/arguments ? Or is it just an opinion based on a feeling ?

All arguments and analysis is in my post. I dont see yours analysis an argument,  criticize Offer.  I dont need  your thoughtless assessments))
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 10:22:57 pm
lel, sell got pulled real fast with just a little nudge.

maybe we will go up from here.

whatever happens, I have my "Oh Noes!!!" and "such m00n" memes ready to go!
Title: Re: Bitshares price discussion
Post by: Pheonike on September 22, 2015, 10:42:01 pm

I got my nets set for the falls and my cape on for the rise!   :D
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 22, 2015, 10:56:03 pm
ValentinJesse told us about Blazin8888. Please ban the FUDer. I guess he'll get back and go cry to newmine, but lying, FUDing and being aggressive deserves a ban.

denzi, 100% of your posts are FUD based on "your opinion/your conclusions". Could we have an insight into your analysis/arguments ? Or is it just an opinion based on a feeling ?

Ban him because he's not bullish BTS! He's a liar and anything said negative about BTS is FUD and the user should be BANNED!  Nobody talks badly about my BTS baby...

Seriously though, banning someone because they said bts would fall is the dumbest thing i've heard in a long time and it shows you're probably way over invested.  Maybe you should go trade the Chinese stock exchange where they throw anyone who sells in jail.

Blazin said the bts chart looks bad.  He's allowed to have an opinion, especially in the price speculation area.  Plus he's been right so far.
Title: Re: Bitshares price discussion
Post by: onceuponatime on September 22, 2015, 11:27:06 pm
ValentinJesse told us about Blazin8888. Please ban the FUDer. I guess he'll get back and go cry to newmine, but lying, FUDing and being aggressive deserves a ban.

denzi, 100% of your posts are FUD based on "your opinion/your conclusions". Could we have an insight into your analysis/arguments ? Or is it just an opinion based on a feeling ?

Ban him because he's not bullish BTS! He's a liar and anything said negative about BTS is FUD and the user should be BANNED!  Nobody talks badly about my BTS baby...

Seriously though, banning someone because they said bts would fall is the dumbest thing i've heard in a long time and it shows you're probably way over invested.  Maybe you should go trade the Chinese stock exchange where they throw anyone who sells in jail.

Blazin said the bts chart looks bad.  He's allowed to have an opinion, especially in the price speculation area.  Plus he's been right so far.

But he was, pumping and saying said that he had a large amount of bitcoin on the way that he was going to invest in BTS which was going to the moon. His manipulation is so blatant that it would  hardly be worth commenting on for those who have been around for a while. But to Newbies and the less sophisticated traders or people for whom English is a second language it is perhaps dangerous and manipulative.

The main problem, however, is that he is CLEARLY GIVING INVESTMENT ADVICE which is probably cause for legal concerns.
Title: Re: Bitshares price discussion
Post by: Akado on September 22, 2015, 11:36:53 pm

Good move selling. Dont buy again till after 13th.

lol this, a couple other comments and the claims of 250 inexistent btc ready to hit the exchanges make it clear he is just fudding. Should be more than obvious. It doesn't take too much to figure that out lol.

And while I agree that banning may be too exagerated based on a few comments, continuation and spreading fud deliberately and constantly should be a reason for ban. But that's just me who has an extremely different view of how these crypto forums should be run...
Title: Re: Bitshares price discussion
Post by: lil_jay890 on September 22, 2015, 11:45:06 pm
ValentinJesse told us about Blazin8888. Please ban the FUDer. I guess he'll get back and go cry to newmine, but lying, FUDing and being aggressive deserves a ban.

denzi, 100% of your posts are FUD based on "your opinion/your conclusions". Could we have an insight into your analysis/arguments ? Or is it just an opinion based on a feeling ?

Ban him because he's not bullish BTS! He's a liar and anything said negative about BTS is FUD and the user should be BANNED!  Nobody talks badly about my BTS baby...

Seriously though, banning someone because they said bts would fall is the dumbest thing i've heard in a long time and it shows you're probably way over invested.  Maybe you should go trade the Chinese stock exchange where they throw anyone who sells in jail.

Blazin said the bts chart looks bad.  He's allowed to have an opinion, especially in the price speculation area.  Plus he's been right so far.

But he was, pumping and saying said that he had a large amount of bitcoin on the way that he was going to invest in BTS which was going to the moon. His manipulation is so blatant that it would  hardly be worth commenting on for those who have been around for a while. But to Newbies and the less sophisticated traders or people for whom English is a second language it is perhaps dangerous and manipulative.

The main problem, however, is that he is CLEARLY GIVING INVESTMENT ADVICE which is probably cause for legal concerns.

1.  What he's saying is not illegal in any way, at least in the US.  Your allowed to publish advice/picks on a public forum or website. If he was charging for the advice, that's a different story.

2.  People taking advice in a language they don't know, on a product they don't understand, from a guy named "BLazin" on a forum deserve whatever they get.  No one should feel sorry or guilty for someone who does that and loses money.

3.  No one ever screams manipulation when the price is doubling.  People only complain when price falls.  It's a free market, it's suppose to rise and fall.  It's not manipulation or fud.

4.  He's been right on his predictions.  If you followed him you made money.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 22, 2015, 11:52:32 pm
Seriously though, banning someone because they said bts would fall is the dumbest thing i've heard in a long time and it shows you're probably way over invested.  Maybe you should go trade the Chinese stock exchange where they throw anyone who sells in jail.

(https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcSyZgmAaULbeY_TnJYC_wvz75uvzjJJKsgAQpfCkIupy62wc6GHZg)

2.  People taking advice in a language they don't know, on a product they don't understand, from a guy named "BLazin" on a forum deserve whatever they get.  No one should feel sorry or guilty for someone who does that and loses money.

So, you're saying I shouldn't have invested in BMF - Blazin Mutual Fund?
Title: Re: Bitshares price discussion
Post by: 38PTSWarrior on September 22, 2015, 11:52:42 pm
Then let's party him! Cheers blazzin, respect to your predictions!
Jealousy?
Title: Re: Bitshares price discussion
Post by: ElRageO on September 23, 2015, 12:30:43 am
Well I was a buyer quite a long time ago. Doing pretty good now riding the BTS waves and have lurked these forums for a long time.

Fud can be good news as people are clearly trying to get an advantage and are interested in bts now.

 However, I do think there should be a line especially on the "Official" bts site as it can clearly put new people off. The FUD world of crypto is crazy and at times in the past it has been damaging to other coins. It would be nice to not have to weed through the crap here to figure out whats real and not. In this case its pretty clear whats fud and not.

Given BTS is about to take off soon and trying to acquire new users I think the FUD has a more negative impact at this time as its counter productive to what BTS itself and holders are trying to achieve. That being said I just think it should be kept to a minimum and once it becomes clearly talk to damage the current state of bts then that user should go.

Title: Re: Bitshares price discussion
Post by: NewMine on September 23, 2015, 12:34:32 am
That doesnt matter anymore because 2.0 fixes it.

But that's not a realistic approach IMHO Ander.

2.0 doesn't exist, outside of a testnet. 2.0 has yet to do what it promises to do, even on a testnet.

That day may come and I hope it does and I anticipate it will, but it's not a reality ... yet.

I'm just not the kind of person to shove all-in with a gutshot straight draw, especially after watching many others get burned, unless it's a bluff. ;)

Just please Tuck get back in lower than you bought. I dont want to see you missing the rise and then joining newmine and blazin8888 by making FUD memes.
When have I ever made a FUD meme? Please show me.

Tuck is right. This thing is going back down. Probably 1800 satoshi range. Then post Oct d- day, whatever rise in BTS  you MAY get, it will be followed by hard sells for everyone that has been locked in BTS because of a shitty client. 2.0 does fix the fact that there are people who have been stuck and wanting to get out. Prepare for sells out of frustration and selling post "ex" date.
Title: Re: Bitshares price discussion
Post by: onceuponatime on September 23, 2015, 12:57:42 am
ValentinJesse told us about Blazin8888. Please ban the FUDer. I guess he'll get back and go cry to newmine, but lying, FUDing and being aggressive deserves a ban.

denzi, 100% of your posts are FUD based on "your opinion/your conclusions". Could we have an insight into your analysis/arguments ? Or is it just an opinion based on a feeling ?

Ban him because he's not bullish BTS! He's a liar and anything said negative about BTS is FUD and the user should be BANNED!  Nobody talks badly about my BTS baby...

Seriously though, banning someone because they said bts would fall is the dumbest thing i've heard in a long time and it shows you're probably way over invested.  Maybe you should go trade the Chinese stock exchange where they throw anyone who sells in jail.

Blazin said the bts chart looks bad.  He's allowed to have an opinion, especially in the price speculation area.  Plus he's been right so far.

But he was, pumping and saying said that he had a large amount of bitcoin on the way that he was going to invest in BTS which was going to the moon. His manipulation is so blatant that it would  hardly be worth commenting on for those who have been around for a while. But to Newbies and the less sophisticated traders or people for whom English is a second language it is perhaps dangerous and manipulative.

The main problem, however, is that he is CLEARLY GIVING INVESTMENT ADVICE which is probably cause for legal concerns.

1.  What he's saying is not illegal in any way, at least in the US.  Your allowed to publish advice/picks on a public forum or website. If he was charging for the advice, that's a different story.

2.  People taking advice in a language they don't know, on a product they don't understand, from a guy named "BLazin" on a forum deserve whatever they get.  No one should feel sorry or guilty for someone who does that and loses money.

3.  No one ever screams manipulation when the price is doubling. People only complain when price falls.  It's a free market, it's suppose to rise and fall.  It's not manipulation or fud.

4.  He's been right on his predictions.  If you followed him you made money.

That is generally true. But this forum is filled with many very honorable and ethically attuned members who are trying to implement a positive for the betterment of humanity. People were doubting his bullshit 250BTC pump bullshit manipulation claim starting back at page 58 of this thread (while the price rise was still going strong).
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 23, 2015, 12:58:32 am
Tuck is right. This thing is going back down. Probably 1800 satoshi range. Then post Oct d- day, whatever rise in BTS  you MAY get, it will be followed by hard sells for everyone that has been locked in BTS because of a shitty client. 2.0 does fix the fact that there are people who have been stuck and wanting to get out. Prepare for sells out of frustration and selling post "ex" date.

Image removed because Imgur got pwnd and tired of watching malwarebytes go off.

lel, I just bought a little. couldn't resist and just in case. ;)
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 23, 2015, 04:48:26 am
we will see 1400 or 1300 soon. Should not have bought in here.
Title: Re: Bitshares price discussion
Post by: btswildpig on September 23, 2015, 06:07:50 am
Speculation is not about what the value should be but what the price should be .

Speculations are about bubble , the price is related to how big the bubble is instead of how much value was in it .

IF there is a 100X bubble  , increasing the value would reduce to bubble to 95X and could still remain the same price or even lower .

Unless the bubble is 1X ish , only then increasing the value should increase the price significantly .

Title: Re: Bitshares price discussion
Post by: mf-tzo on September 23, 2015, 09:52:15 am
@Newmine: Come on mate..I understand that you are FUDing but also some times you bring valuable issues on the table..

but seriously saying that BTS will fall to 1800 with this daily volume is just not realistic at the moment..
Also hard selling after BTS2 is launched?? Seriously?? Do you think that most of us were buying all the way down and holding for the last two years so we can sell when BTS2 is launched and not actually use the platform??come on..FUD have its limits..

there is only one way bts is going from here and that is UP!
Title: Re: Bitshares price discussion
Post by: chryspano on September 23, 2015, 10:04:28 am
@Newmine: Come on mate..I understand that you are FUDing but also some times you bring valuable issues on the table..

but seriously saying that BTS will fall to 1800 with this daily volume is just not realistic at the moment..
Also hard selling after BTS2 is launched?? Seriously?? Do you think that most of us were buying all the way down and holding for the last two years so we can sell when BTS2 is launched and not actually use the platform??come on..FUD have its limits..

there is only one way bts is going from here and that is UP!

Newmine never brought anything "valuable" on the table, poison is all that he has and he can find a lot of ways to deliver it, poison is poison, no matter how you serve it, and no, newmine has no limits FUDing.

(http://i.imgur.com/cnVmbc5.png)
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 23, 2015, 02:41:18 pm
Down trending pressure continues. 1k incoming anytime now...
Title: Re: Bitshares price discussion
Post by: jsidhu on September 23, 2015, 02:43:05 pm
Down trending pressure continues. 1k incoming anytime now...
1k bts cny? Quite bullish!
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 23, 2015, 03:43:47 pm
I introduced two noobs to BitShares by giving them muh 'profits' off this little dip/dump/correction/gift from gawd ... so it's a Win/Win for everyone! ;)

If you played the game and did not fare well during this period, at least know some of your former BTS went to help spread BitShares adoption!

Ok, now back to your regularly scheduled m00n.


Title: Re: Bitshares price discussion
Post by: nomoreheroes7 on September 23, 2015, 03:43:55 pm
Down trending pressure continues. 1k incoming anytime now...

More like reversal incoming. Already back up to 2720 sats. The bottom is in!

(http://www.quickmeme.com/img/4a/4a5c519396c22eef4722df1c81c2d589854e5bfe5982e1824d7d6e6d8a2650fd.jpg)
Title: Re: Bitshares price discussion
Post by: Ander on September 23, 2015, 05:18:59 pm
What a troll-y correction.  lol.

We fell to 2505, and the maximum allowable correction under EWave with the count that the recent rise was a wave 3 was to 2500, because wave 4 cannot cross into wave 1 territory.   (Though if you dont couldnt the margin spike to 2500 on sept 5 you could get away with saying the real wave 1 high was 2354 I guess.  That might be more accurate, since 2354 was actually the end of wave 1.  Margin in low liquidity environments can cause spikes that warp things).

The wave 3 move went from 1735 to 3170, then retraced nearly 50%. 

I guess there is room for a further drop if you consider 2354 the real top of wave 1, and if it went for a full 50% retracement it would go to 2452.  But this scenario is less likely than the scenario where we do not go below 2500.


The next move targets 3500-4000 range.  (Though it is possible that wave 5 extends, as is common in commodities and cryptos, in which case it can go higher).  After that will be another correction (maybe the release time 'sell the news' correction, but it will be followed by a much larger rise in later on once the real wave III starts.


Anyway, thats how I expect it to play out.  From here there is only one decent sell point, and that is on a rise to somewhere between 3500-5000, if you sell at the right point then you should be able to catch another 500-700 satoshi drop like we have been seeing.
Title: Re: Bitshares price discussion
Post by: Tuck Fheman on September 23, 2015, 06:37:45 pm
Anyway, thats how I expect it to play out. 

(http://img.pandawhale.com/post-29949-Clay-Davis-SHIT-gif-sheit-shee-F8Y9.gif)

I'm relying on an old mans visions and you've got all this TA knowledge behind you!

I'm jealous ... and out gunned.
Title: Re: Bitshares price discussion
Post by: Ander on September 23, 2015, 06:46:42 pm
Tuck you still correctly predicted this last drop better than me though.  ;)  I thought it wouldnt be as deep.

Because wave 2 retraced 61.8% on the nose pretty much, and usually wave 2 and 4 alternate (if one retraces deep, the other usually retraces lightly), so I expected a .382 retrace at the max, or maybe even a smaller one.  So I thought ~2800 would be the low as a result of that.  But we had an almost 50% retrace instead. 

Thats why it was such a trolly retracement. :P
Title: Re: Bitshares price discussion
Post by: Blazin8888 on September 23, 2015, 08:17:35 pm
Man brutal sell offs happening.....does not look good at all.....   +5% +5% +5% +5%
Title: Re: Bitshares price discussion
Post by: liondani on September 23, 2015, 08:22:02 pm
Man brutal sell offs happening.....does not look good at all.....   +5% +5% +5% +5%

I think you traveled back in time!
Title: Re: Bitshares price discussion
Post by: onceuponatime on September 23, 2015, 08:22:14 pm
Man brutal sell offs happening.....does not look good at all.....   +5% +5% +5% +5%

link?
Title: Re: Bitshares price discussion
Post by: Ander on September 23, 2015, 08:23: