This is exactly my point..so there shouldn't be any crash since none of us is willing to sell...we should at least take over LTC first, stabilize there and then slowly reach to bitcoin...That trip above LTC with corrections will be nice.
A crash now will not look good to people who are now getting in and we will lose face.
my view remains that we should take over LTC before we issue bitassets so be carefull what you wish for a correction now...

price is what we all value BTSX at

do we even bother to sell? not yet it seems

people are in this for the 10x gains..

who cares about 3x? time will tell

Quote from: mf-tzo on August 22, 2014, 07:13:05 PM
be careful what you wish for...if the price goes down now I don't think we will overtake LTC within the next months to come... In order to overtake LTC long term we need to do this before any bitasset is launched...

I don't think I agree.

20-40 million isn't shit in the grand scheme of things.

it was a couple years ago, but with so many more people knowledgeable of bitcoin, bitshares isnt that far of a leap.

as we've seen with bitcoin, when whales decide to get in, they'll really get in.

we could totally eat a correction and be just fine in the end. fundamentals are what matter.

when bitassets start it will be the point zero and the beginning.. It is always better point zero to be higher...if you believe that bitshares will worth billions it will be irrelevant the market cap of i.e. $300 mil but it will provide a great safety net...
if we see a correction and go below NXT upon release of bitassets then there will be a loooongg run to get again where we are today...

Quote from: mf-tzo on August 22, 2014, 07:13:05 PM
be careful what you wish for...if the price goes down now I don't think we will overtake LTC within the next months to come... In order to overtake LTC long term we need to do this before any bitasset is launched...

I disagree. Once the assets are launched and this works, I think we're going to have a lot more people getting in. We ain't seen nothin' yet.

be careful what you wish for...if the price goes down now I don't think we will overtake LTC within the next months to come... In order to overtake LTC long term we need to do this before any bitasset is launched...

hope the price goes down. im still 2/3 away of the amount i want  :'(

Quote from: Riverhead on August 22, 2014, 05:17:49 PM
Broker->

You lost me here :)

Quote from: dxtr on August 22, 2014, 05:35:37 PM

Quote from: Riverhead on August 22, 2014, 05:17:49 PM
Broker->Bank->Coinbase->Exchange takes days. I probably can't buy any more in quantity until Wednesday. I suspect many are in the same boat.  We'll probably see waves of volume.

I think many of us have some BTC/altcoins in their wallets so it's not necessarily that long to buy some BTSX.

I exhausted those weeks ago :D

Quote from: Riverhead on August 22, 2014, 05:17:49 PM
Broker->Bank->Coinbase->Exchange takes days. I probably can't buy any more in quantity until Wednesday. I suspect many are in the same boat.  We'll probably see waves of volume.

I think many of us have some BTC/altcoins in their wallets so it's not necessarily that long to buy some BTSX.

Broker->Bank->Coinbase->Exchange takes days. I probably can't buy any more in quantity until Wednesday. I suspect many are in the same boat.  We'll probably see waves of volume.

Chineese folks have between 3/4 and 4/5 of entire daily volume, so you can expect small price hiccups during their night time.

I sure hope so. My accumulation plans were thwarted with this spike.

too bad I bought all I can at 0.007$ .. damnit ;-)

Hope so... we have some buy orders in to catch it :)