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what are the reasons to continue to hold PTS?
I plan to continue to hold for the long-term as my hope is that Bitshares can recover from this damage.
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.
I am European, I am not Chinese and certainly not American, but I think it is not neither about "changing the rules" but rather a principle. I feel it like that.
A lot of successful people say that it is necessary to stick to your goals with tooth's and nails.
And often the first decision is correct.
That, my friend, is a recipe for failure. Bitshares is a decentralized unmanned startup and startups need to pivot.
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.
i guess there are many reasons.
one of them may be related to the merging.
those who lost confidence have no reasons to stay since now they can't stop or change the plan. others are not sure wherher the superdac may work well. so sell 》buy.
of course that the whole digital currency space now is not so good is also a reason.
but i think once bm proves the dev team has the ability to drive the superdac, price will be up. bts is still one of the best products in the market currently.
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.
