BitShares Forum

Main => General Discussion => Topic started by: MktDirector on August 20, 2014, 09:05:32 pm

Title: BTSX takes aim: NXT is next!
Post by: MktDirector on August 20, 2014, 09:05:32 pm
Another day like today (20%+ gain) and we'll surpass NXT to slide into the #4 spot.  NXT is Next!
B

http://coinmarketcap.com/
Title: Re: BTSX takes aim: NXT is next!
Post by: tonyk on August 20, 2014, 09:09:16 pm
pun intended
Title: Re: BTSX takes aim: NXT is next!
Post by: emski on August 20, 2014, 09:09:56 pm
Don't only look at the market cap.
BitsharesX is already #4 by 24hour market volume. Right after Bitcoin, Litecoin and Darkcoin.
PS: See how far back is Dogecoin
PPS: NXT is not even in top10
Title: Re: BTSX takes aim: NXT is next!
Post by: MktDirector on August 20, 2014, 09:15:34 pm
true emski....   I guess I've been hanging out with bytemaster too much lately....the more I do the more puns I use.  And the more my brain hurts.
Title: Re: BTSX takes aim: NXT is next!
Post by: Murderistic on August 20, 2014, 10:03:26 pm
Turn up the AC, it's getting hot in here!

(http://cf.mp-cdn.net/b4/a4/476229c59bde4ceb72029fba3390.jpg)
Title: Re: BTSX takes aim: NXT is next!
Post by: Empirical1 on August 20, 2014, 10:39:30 pm
NXT has had very little buying demand on the exchanges since the bter thing. I think they're in a lot of trouble short term anyway, looks like they're trying to maintain a floor at 0.000065. https://bter.com/trade/nxt_btc  So no.4 spot will be easy

I wouldn't be surprised to see no.3 very soon actually  :)
Title: Re: BTSX takes aim: NXT is next!
Post by: tonyk on August 20, 2014, 11:19:06 pm
Does anybody thinks that will have to wait till tomorrow (ET) for this to happen? :)
Title: Re: BTSX takes aim: NXT is next!
Post by: Riverhead on August 20, 2014, 11:21:39 pm
Does anybody thinks that will have to wait till tomorrow (ET) for this to happen? :)


It's 7:21AM in China right now. I think there is another pop incoming.
Title: Re: BTSX takes aim: NXT is next!
Post by: MktDirector on August 20, 2014, 11:57:36 pm
well our volume just surpassed half a million today so could happen by the morning....trend in the charts looks strong.  I remember the olden days (last week) when we were at $50,000/day volume and I was thinking, man, cant wait for us to be at $150k/day. 
Title: Re: BTSX takes aim: NXT is next!
Post by: merockstar on August 21, 2014, 12:26:09 am
true emski....   I guess I've been hanging out with bytemaster too much lately....the more I do the more puns I use.  And the more my brain hurts.

spoken like a non-redditor.
Title: Re: BTSX takes aim: NXT is next!
Post by: donkeypong on August 21, 2014, 12:30:34 am
PPS: NXT is not even in top10

NXT usually doesn't have a whole lot of volume. They've had very little selling overall. I think BTSX is going to dwarf NXT by many magnitudes, but we should aim for that same sort of loyalty.
Title: Re: BTSX takes aim: NXT is next!
Post by: Murderistic on August 21, 2014, 12:53:28 am
PPS: NXT is not even in top10

NXT usually doesn't have a whole lot of volume. They've had very little selling overall. I think BTSX is going to dwarf NXT by many magnitudes, but we should aim for that same sort of loyalty.

Loyalty must be deserved, in order for it to be deserved it must be earned.  The team here is striving to make every day better than the last in all things, from marketing, to programming, to user experience, and more.  No doubts here that we will garner the support we need.
Title: Re: BTSX takes aim: NXT is next!
Post by: Gentso1 on August 21, 2014, 02:18:52 am
PPS: NXT is not even in top10

NXT usually doesn't have a whole lot of volume. They've had very little selling overall. I think BTSX is going to dwarf NXT by many magnitudes, but we should aim for that same sort of loyalty.

Loyalty must be deserved, in order for it to be deserved it must be earned.  The team here is striving to make every day better than the last in all things, from marketing, to programming, to user experience, and more.  No doubts here that we will garner the support we need.
(http://i.imgur.com/vgcKA4I.jpg)
Title: Re: BTSX takes aim: NXT is next!
Post by: bitmont on August 21, 2014, 03:51:38 am
Very promising
Title: Re: BTSX takes aim: NXT is next!
Post by: cass on August 21, 2014, 09:35:18 am
WE JUST EAT THEM


(http://i.imgur.com/NmBY1XY.png)

 +5% +5% +5% +5% +5%
Title: Re: BTSX takes aim: NXT is next!
Post by: testz on August 21, 2014, 09:36:46 am
 +5%
Title: Re: BTSX takes aim: NXT is next!
Post by: xeroc on August 21, 2014, 09:39:37 am
next stop: Ripple+5% 8)
Title: Re: BTSX takes aim: NXT is next!
Post by: cass on August 21, 2014, 09:43:50 am
next stop: Ripple+5% 8)

...  +5%
Title: Re: BTSX takes aim: NXT is next!
Post by: donkeypong on August 21, 2014, 03:43:14 pm
Ripple, Ripple
Fair and tall
Who's the next target
On the wall?
Title: Re: BTSX takes aim: NXT is next!
Post by: Overthetop on August 21, 2014, 03:45:33 pm
Move on!  +5%
Title: Re: BTSX takes aim: NXT is next!
Post by: MktDirector on August 21, 2014, 03:59:32 pm
Good one, donkeypong. ha
Title: Re: BTSX takes aim: NXT is next!
Post by: donkeypong on August 21, 2014, 04:09:40 pm
OK, then, I'll break this one out. Every time I hear Ripple, I think of the Grateful Dead song. Here's one of the more coherent parts, perhaps applicable to BitShares.

There is a road, no simple highway,
Between the dawn and the dark of night,
And if you go no one may follow,
That path is for your steps alone.

Ripple in still water,
When there is no pebble tossed,
Nor wind to blow.

https://www.youtube.com/watch?v=JT8zLTaKxeE (https://www.youtube.com/watch?v=JT8zLTaKxeE)
Title: Re: BTSX takes aim: NXT is next!
Post by: Empirical1 on August 21, 2014, 05:51:20 pm
Big move  :) $930 000 24hr volume that says a lot!  8)

Title: Re: BTSX takes aim: NXT is next!
Post by: skymath on August 21, 2014, 06:11:44 pm
It's booming, great volume.
Title: Re: BTSX takes aim: NXT is next!
Post by: donkeypong on August 21, 2014, 06:15:20 pm
Almost 70% of the volume coming from BTC38's BTSX-CNY pair. Doesn't China ever sleep?
Title: Re: BTSX takes aim: NXT is next!
Post by: Riverhead on August 21, 2014, 06:23:09 pm
Almost 70% of the volume coming from BTC38's BTSX-CNY pair. Doesn't China ever sleep?


Only 2AM.  They're just getting home from the bars! :)


I have no idea if that's true, I have no knowledge of actual Chinese night life but it's a big f'ing place so I'm sure someone is just getting home from a bar.
Title: Re: BTSX takes aim: NXT is next!
Post by: Empirical1 on August 21, 2014, 06:41:05 pm
Looks like there are <200 BTC worth of sell walls to take this all the way to $50 million.

As in you couldn't spend $100 000 or buy at market without pushing BTSX past 50 million.
Title: Re: BTSX takes aim: NXT is next!
Post by: donkeypong on August 21, 2014, 07:07:54 pm
Looks like there are <200 BTC worth of sell walls to take this all the way to $50 million.

As in you couldn't spend $100 000 or buy at market without pushing BTSX past 50 million.

Not sure where the walls are, but we've added well more than $100K in market cap since your posting.
Title: Re: BTSX takes aim: NXT is next!
Post by: Empirical1 on August 21, 2014, 07:15:38 pm
Looks like there are <200 BTC worth of sell walls to take this all the way to $50 million.

As in you couldn't spend $100 000 or buy at market without pushing BTSX past 50 million.

Not sure where the walls are, but we've added well more than $100K in market cap since your posting.

If you look on BTC38 and Bter there are less than 5 million BTSX for sale atm below $50 million CAP.

So you can't buy 5 million BTSX right now without pushing it past $50 million.

(Edit: In practice more sellers will come in as BTSX rises, but from a trading point of view it's a very good sign that there are so few sellers now.)
Title: Re: BTSX takes aim: NXT is next!
Post by: donkeypong on August 21, 2014, 07:19:45 pm
Gotcha. Ain't it about time BigVern got in on this?
Title: Re: BTSX takes aim: NXT is next!
Post by: tonyk on August 21, 2014, 07:27:49 pm
Looks like there are <200 BTC worth of sell walls to take this all the way to $50 million.

As in you couldn't spend $100 000 or buy at market without pushing BTSX past 50 million.

Not sure where the walls are, but we've added well more than $100K in market cap since your posting.

If you look on BTC38 and Bter there are less than 5 million BTSX for sale atm below $50 million CAP.

So you can't buy 5 million BTSX right now without pushing it past $50 million.

(Edit: In practice more sellers will come in as BTSX rises, but from a trading point of view it's a very good sign that there are so few sellers now.)

I totally agree. I will go a step further- It is unwise to put yourself in front of an object moving with the speed of March 3.
Title: Re: BTSX takes aim: NXT is next!
Post by: skymath on August 21, 2014, 07:56:34 pm
Overtook Ripple.
Title: Re: BTSX takes aim: NXT is next!
Post by: G1ng3rBr34dM4n on August 21, 2014, 07:57:10 pm
Overtook Ripple.

WOW, did not expect that to happen today.
Title: Re: BTSX takes aim: NXT is next!
Post by: donkeypong on August 21, 2014, 07:58:06 pm
See ya, Ripple.
Title: Re: BTSX takes aim: NXT is next!
Post by: Riverhead on August 21, 2014, 08:04:01 pm
As BM implied earlier this is sort of a self fulfilling market. The worst thing that could have happened is that they built it and no one came. Well, they are arriving in droves which should provide enough market action to sustain itself.


Everyone goes to the bar everyone's at because everyone is there.
Title: Re: BTSX takes aim: NXT is next!
Post by: xeroc on August 21, 2014, 08:06:54 pm
Everyone goes to the bar everyone's at because everyone is there.
+5%