Quote from: Stan on January 08, 2014, 03:15:12 AM
And while the above fascinating effects are no doubt in play, we should note that http://coinmarketcap.com/ shows all the equities and coins in the top 10 are down about the same percentages today.

Yes, it looks like PTS's slide against BTC may have stopped, or call it stabilized.

And while the above fascinating effects are no doubt in play, we should note that http://coinmarketcap.com/ shows all the equities and coins in the top 10 are down about the same percentages today.

QuotePlay the game to maximize your stake in BitShares and subsequent DACs.
Everything else is just noise.

I think the AGS price difference between PTS and BTC indicates where the money come from: existing investors, or new investors. 

For newer interest, they most likely invest via BTC, existing PTS investors tend to use PTS, if both prices are comparable.

PTS price decreasing from 0.03 to 0.02 btc is at least partially caused by some existing investors converting PTS into BTC to take advantage of the price difference.

This trend will last as long as BTC serves as the better "payment option", however I suspect the source for PTS investment will exhaust first, and the trend will reverse, if AGS remains attractive by then.

JMHO

Quote from: sschechter on January 07, 2014, 04:12:23 AM
There's a huge buy order right now on Cryptsy worth 27 BTC.  I guess not everyone thinks this is a bad thing.

The market price of PTS going down does not reflect a loss in 'value' of PTS it is just forcing the market to more accurately price the value than all of the other coins out there by forcing 10K in sales each and every day.   The BTC Angel fund is sucking a lot of the buying demand from long-term investors which get a 2:1 deal by buying AGS rather than PTS.   Many that hold PTS may be selling it for BTC just so they can buy AGS and get a slightly better deal than sending PTS directly to the PTS AGS address.

So given this situation the price is sagging in the short term, but in the long term this process is making PTS much more valuable.   It is like turning on a motor that causes the lights to dim until it gets up to speed.  Any dip is merely short term and not the market voting against the plan.

Put another way, prior to launching AGS daily volume was only $40K and now people are buying $90K+ of AGS each and every day while PTS volume is still $50K.   

Quote from: soniq on January 07, 2014, 12:41:56 AM

Quote from: kana on January 07, 2014, 12:05:25 AM
It seems to me that as long as you get a better ratio of angelshares/btc  compared to angelshares/pts that the price will be forced down on pts. At least that is the way it has seemed so far with the  recent price drop.

or because BTC is rising in value again?

It has gone down like 2 usd each

There's a huge buy order right now on Cryptsy worth 27 BTC.  I guess not everyone thinks this is a bad thing.

Quote from: Pocket Sand on January 07, 2014, 02:55:24 AM
There are not enough btc investors in AGS and the price of pts is suffering and will continue to suffer to this as pts holders rush to sell off pts to get better ratios on btc/AGS. The only way out of this is to drum up more marketing/support from btc community to buy AGS or face  declining pts prices until it meets an equilibrium between BTC and PTS donated per day.

So we all have near-term motivation to get out there and drum up BTC investment from outside our community.

Meanwhile, as progress starts happening at 10x the prior rate (due to the infused funds and fresh talent) the demand for both will climb together. 

There are not enough btc investors in AGS and the price of pts is suffering and will continue to suffer to this as pts holders rush to sell off pts to get better ratios on btc/AGS. The only way out of this is to drum up more marketing/support from btc community to buy AGS or face  declining pts prices until it meets an equilibrium between BTC and PTS donated per day.

Sounds reasonable, the PTS/BTC price is tied by ags. But if there is another successful DAC, PTS price with jump high.

Quote from: kana on January 07, 2014, 12:05:25 AM
It seems to me that as long as you get a better ratio of angelshares/btc  compared to angelshares/pts that the price will be forced down on pts. At least that is the way it has seemed so far with the  recent price drop.

u r probably correct.

Quote from: kana on January 07, 2014, 12:05:25 AM
It seems to me that as long as you get a better ratio of angelshares/btc  compared to angelshares/pts that the price will be forced down on pts. At least that is the way it has seemed so far with the  recent price drop.

or because BTC is rising in value again?

Possible. Good time for placing buy-orders :)

It seems to me that as long as you get a better ratio of angelshares/btc  compared to angelshares/pts that the price will be forced down on pts. At least that is the way it has seemed so far with the  recent price drop.