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I just noticed that Brownie points are now a sharedrop target and might be given other benefits. This is not really a big deal on its own, but it points to something which I think is very important. Every other week the rules of the game change around here, or perhaps to put it more accurately the nature of the value proposition changes. It has been happening constantly, and it is very annoying and off-putting.
You can't build a castle on shifting sands.
If Bitshares wants to draw people in and get people involved and encourage people to build on it, then the one single most important thing those people need is to have some confidence that they won't have the rug pulled out from under their feet by the powers that be.
Personally I would have no confidence in building anything to do with Bitshares, because by the time it was completed things would have changed so much it would probably be unprofitable or impossible.
Please try to make just one damn thing work (commercially speaking) before screwing it off to go and make something else.
Yep. Every single day we get up and think, "How can we add to the ecosystem value proposition?"
I hate it when that happens!
On the upside the external timing is better and perhaps more serious interests will see and understand BitShares2.0 utility.
Hopefully the marketing of that will be as good as the product and not just the hype that is easy to see through. CounterParty[Symbiont]; Overstock; and even Ethereum are doing useful work stimulating the interest of big money, so hopefully BitShares will have a product that appeals to them and perhaps talks their language, so some of them will make use of it; perhaps APIs and CLIs beat GUIs for that?
The downside to BitShares I wonder is the voting and DPoS, which has never seemed compelling to me; just an arbitrary means to an end. Still, if it works in a way that is responsive to the user, then there every chance it'll capitalise on what is at core a really good prospect.
tldr; buy while it's cheap!
The beginning of a bull market must come from a place where people are scared to buy more .
In fact , the old saying is "if those who want to buy more still there , then those who want it down won't stop . "
I never heard that saying. And it doesn't make any sense?
It is logical: demand increase --> price increase. And Not what you propose!!
Ask anyone who knows about stock market .
This phenomenon happens in the middle and near the end of a bear market , where people who still trying to grab the bottom and failed . The signal is not about "all people" , is about most people .
If there is a bull market in play , the manipulators with deep pockets will suppress the price further more in order to gain more leverage in the bull market .
The process is also called "dishwashing" in some place , which means exactly like that ------ The manipulators will drive the price up and down and make most people sell their stock and collect them all . When they figure out that not many people will be selling , also not many people will be buying other than him , they will finally drive the price up . That's where the old saying come from. And that's why bull market has cycles instead of sustaining forever .
In any speculative market with high P/E ration , the pattern will be the same . Because in these markets most demands are temporary driven by speculative drive instead of organic demand .
Demand increase doesn't mean price increase . You have to account for the volume and people who are waiting to sell . If there are 2 million USD sell pressure waiting(actually there are) , by your logic even if the demand increase by 2 million USD , because it counters the sell pressure , it won't affect the price .
What is a bull market ? -----Bull market means most people lost their leverage while big money has it all , and big money allows s small percent of people to hold their leverage because most ordinary people don't have the ability to exit at the right place in a bull market , so the selling pressure would be gone while the big money drives it up .
"The price will be increased by demand" , that's not in any serious textbook . The right term should be ----"The price is driven by the supply-demand relationship" . It's a dynamic process .
