Someone Give Me a Reason To Keep Holding BTS

Started by clout, January 07, 2016, 09:10:44 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

luckybit

If you have to ask this question then maybe it's time for you to sell.

If you cannot find an objective and rational reason to hold, to stay, then perhaps you shouldn't.
[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

jaran

#4
I feel like bitshares is stuck between is it a platform for other businesses/developers to build on or is it an exchange company?

In either case there are design issues.  For example no way people are going to build on a platform where in order to get your app/business on you have to get people to vote for it etc.

Alternatively look at ethereum...its clearly a platform that wants others to build on top of it.  And many have already.


lil_jay890

You can expect further abuse of shareholders, while changing the rules so frequently that no business can start much less survive... All while staying financially and intellectually centralized by CNX.  Todays whale slaying just gives more concentrated power to CNX.

But remember... this whole price drop is because of negative people on the forum who scare away investors...lol

nomoreheroes7

Yup, I'm in the same boat. I'll just piggy-back on your thread I guess.

clout

I don't know why I expected this project to be further along. Maybe I thought it was an actual business that was being cultivated, but I realize now that is not the case. It doesn't matter what the underlying software can do or not, CNX can't get funding, they can't produce a competitive exchange and don't know the market they are entering into. Bitshares, if looked at as a company, can't be run by a community of individuals that do not know or entirely trust each other. I don't have the answers for how to turn things around, but I see the same mistakes continually being made and I don't have a reason to stay anymore.