What would be handy to know is what are the exchanges BTSX reserves looking like.

Coinport publishes them: https://www.coinport.com/coin/BTSX

My thinking is that if the reserves are high the dump theory has more strength. I don't know enough to tell if 2.8M BTSX balance on Coinport is a lot or not. They are a new exchange so volumes are very low.

Quote from: trader on August 20, 2014, 10:14:03 PM

Quote from: luckybit on August 20, 2014, 08:13:24 PM
Each share months from now should be worth 50cents -> $1 range. The fact that they are going for a few cent a piece is an opportunity of a lifetime.

Really? That would make a hundred or so people on this forum millionaires. Who knows what will happen, but there will be major dumping before we reach that price level. I think there is lots of dreaming going on in these parts.

Oh, and IMHO we can only reach that price level if BitUSD actually gets used for real merchant activity and not just as a hedge against BTSX.

I do not know either, but sellers are disappearing bunch. Less and less of them by the minute...

Quote from: Murderistic on August 20, 2014, 10:08:34 PM
Once we are ready to pull the trigger. Doing prelim stuff, getting pages and funnels built now, then it's gonna get really interesting.  I would give a time frame but that is a little premature.  I have a timeframe, just don't want to be held to the coals on it just in case there is a hiccup.

+5% !

Quote from: trader on August 20, 2014, 10:14:03 PM
I think there is lots of dreaming going on in these parts.

Oh, and IMHO we can only reach that price level if BitUSD actually gets used for real merchant activity and not just as a hedge against BTSX.

Dreaming for sure. I am hopeful but trying to stay grounded. This is the sort of thing that happens to other people :P .

That said I bet there are a ton of people that see this as Bitcoin 2.0 and they are not going to miss the train this time around. Of course, this time there are many trains leaving at different times. I think the market is big enough for it.

However the dust settles it's not boring and I'm enjoying the euphoria of a chance at financial independence. For me it's not about money it's about time. I've only got so much time left on this miserable rock and I'd rather spend that time doing what I please rather than punching a clock.

Quote from: luckybit on August 20, 2014, 08:13:24 PM
Each share months from now should be worth 50cents -> $1 range. The fact that they are going for a few cent a piece is an opportunity of a lifetime.

Really? That would make a hundred or so people on this forum millionaires. Who knows what will happen, but there will be major dumping before we reach that price level. I think there is lots of dreaming going on in these parts.

Oh, and IMHO we can only reach that price level if BitUSD actually gets used for real merchant activity and not just as a hedge against BTSX.

Once we are ready to pull the trigger. Doing prelim stuff, getting pages and funnels built now, then it's gonna get really interesting.  I would give a time frame but that is a little premature.  I have a timeframe, just don't want to be held to the coals on it just in case there is a hiccup.

Quote from: Murderistic on August 20, 2014, 08:39:12 PM
No promises, but just wait until we are done with the marketing project we are working on, I think price will go 200-500x in no time.

Very excited to hear more about this!  When will you be disclosing more info?

Quote from: luckybit on August 20, 2014, 08:13:24 PM

Quote from: tonyk on August 20, 2014, 04:55:54 AM
Best ask at 0.0000252 BTC/BTSX on BTC38;
Best ask at 0.00002575 BTC/BTSX on BTER;

:)

Bitshares can easily get a billion dollar market cap. Auroracoin managed to do it and so did Ripple

Each share months from now should be worth 50cents -> $1 range. The fact that they are going for a few cent a piece is an opportunity of a lifetime.

Aurora and Ripple had fake billion dollar valuations imo but yes I agree, BitAssets could get us there easily.

Edit: I mean easily in a short space of time. BitAssets are much bigger than that.

Bitcoin just served as a prelude for BTSX & BitAssets imo.

No promises, but just wait until we are done with the marketing project we are working on, I think price will go 200-500x in no time.

I think we will cause increase in the BTC price above $600, maybe even over my 3 mo. old resistance price of $680...

Quote from: tonyk on August 20, 2014, 04:55:54 AM
Best ask at 0.0000252 BTC/BTSX on BTC38;
Best ask at 0.00002575 BTC/BTSX on BTER;

:)

Bitshares can easily get a billion dollar market cap. Auroracoin managed to do it and so did Ripple

Each share months from now should be worth 50cents -> $1 range. The fact that they are going for a few cent a piece is an opportunity of a lifetime.

Quote from: dankeykang on August 20, 2014, 06:36:09 PM
Hai BTS friends, I am interested in your discussion about prices of BTSX. May I ask you gentleman if you are buying and holding BTSX so you can sell the BTSX at a later date for a profit, or are you buying so you can utilize it for the different Bitshares projects and DAC that are going to be released? Sorry if my question is strange, I am very new to BitShares, and I don't have a complete understanding of it yet.

Thanks!
                =^   ^=
               ~  '     '   ~
                     ^
                     

Think of it like owning stock in the Federal Reserve...  the value of BTSX is 3x or more the value of all BitAssets created.  Demand for BitAssets is projected to be huge once it is proven.

Hai BTS friends, I am interested in your discussion about prices of BTSX. May I ask you gentleman if you are buying and holding BTSX so you can sell the BTSX at a later date for a profit, or are you buying so you can utilize it for the different Bitshares projects and DAC that are going to be released? Sorry if my question is strange, I am very new to BitShares, and I don't have a complete understanding of it yet.

Thanks!
                =^   ^=
               ~  '     '   ~
                     ^
                     

I'm not sure how they compare with Bitstamp. An ACH pull takes a few days which I think is standard, a push back to my USD bank seems to happen over night or second day. It takes a bit to ramp up to good sized transactions though. Anyway, worth a look. I've been very pleased with their support staff; fast and competent.

Quote from: tonyk on August 20, 2014, 06:20:10 PM
Is the coinbase's rate $/BTC good?

Yes.  It's pretty much market rates. I would say BTC's natural volatility washes out their buying/selling spread.


https://bitcoinwisdom.com/markets/coinbase/btcusd