Quote from: tonyk on September 03, 2014, 09:24:13 PM

I believe the average person 'bought' the initial shares for less than $0.005

I doubt it. Closer to $0.01 average for initial shares.

Quote from: Brent.Allsop on September 03, 2014, 09:16:06 PM

Through most if Bitcoin's history, it increased in value an order of magnitude in price 7 times, and all but one of those was in almost exactly 6 months.

See this historical graph:

http://canonizer.com/topic.asp/154/2

I'm assuming the reason it has stopped this progression is because of Bitcoin 2.0, primarily BitsharesX.

And it seems that Bitshares is taking up this 10 times increase every 6 months where Bitcoin left off.

After all, most of us purchased our Genesis block Bitshares at around $0.005 per share right?  And the first bubble easily made it past $0.05 in about 6 months time.

My prediction is that it will hit $0.50 per share in less than 6 months, and that this rate will continue for some time.  Anyone have any arguments for a different view?

Also, just as I've been predicting, the price of Bitshares would be depressed until the Either sale ended, many people taking their 10 times profit and rolling into Either.  Now that is over, the price looks like it is starting to move again.

Bolded part is quite plausible.  I compared the graphs for bitcoin and bitshares the last 30 days.  bitcoin starts dropping about a week before bitshares started it's climb.

Quote from: tonyk on September 03, 2014, 09:24:13 PM
I believe the average person 'bought' the initial shares for less than $0.005

Yea, I'm just rounding to the nearest order of magnitude.

Quote from: Brent.Allsop on September 03, 2014, 09:16:06 PM

Through most if Bitcoin's history, it increased in value an order of magnitude in price 7 times, and all but one of those was in almost exactly 6 months.

See this historical graph:

http://canonizer.com/topic.asp/154/2

I'm assuming the reason it has stopped this progression is because of Bitcoin 2.0, primarily BitsharesX.

And it seems that Bitshares is taking up this 10 times increase every 6 months where Bitcoin left off.

After all, most of us purchased our Genesis block Bitshares at around $0.005 per share right?  And the first bubble easily made it past $0.05 in about 6 months time.

My prediction is that it will hit $0.50 per share in less than 6 months, and that this rate will continue for some time.  Anyone have any arguments for a different view?

Also, just as I've been predicting, the price of Bitshares would be depressed until the Either sale ended, many people taking their 10 times profit and rolling into Either.  Now that is over, the price looks like it is starting to move again.

I believe the average person 'bought' the initial shares for less than $0.005

Through most if Bitcoin's history, it increased in value an order of magnitude in price 7 times, and all but one of those was in almost exactly 6 months.

See this historical graph:

http://canonizer.com/topic.asp/154/2

I'm assuming the reason it has stopped this progression is because of Bitcoin 2.0, primarily BitsharesX.

And it seems that Bitshares is taking up this 10 times increase every 6 months where Bitcoin left off.

After all, most of us purchased our Genesis block Bitshares at around $0.005 per share right?  And the first bubble easily made it past $0.05 in about 6 months time.

My prediction is that it will hit $0.50 per share in less than 6 months, and that this rate will continue for some time.  Anyone have any arguments for a different view?

Also, just as I've been predicting, the price of Bitshares would be depressed until the Either sale ended, many people taking their 10 times profit and rolling into Either.  Now that is over, the price looks like it is starting to move again.