Just wondering ... Has bytemaster said anything about being able to convert fiat to bts?
Thanks
Mike
More onramps are in the works, both the official marketing team and the community marketing team are working on these, both to buy BTS as well as directly into bitassets. Its going to take some time though.
Regarding the price, it has been disappointing how much of the 'pump' to .135 that we gave back this week. Certainly I thought that with all the bullish market technicals and all the community excitement regarding new marketing efforts and successes, that we would mostly move sideways and then up.
But it just goes to show you that right now, most of the price moves in BTS are due to the whales trading on btc38.
We need to get those shares into strong hands who want to hold for the long haul. This has been occurring to some extent, but clearly its not finished yet, since here we are, the dumping continues.
At some point, it will end. We arent hitting lower lows anymore. In fact, it looks like that dump to .106 CNY was another low, which would be a full .025 CNY higher than the previous low.
While we arent seeing an exciting rally, we are seeing a downward trend turn to a sideways trend, with higher lows, and this will lead in time to the rally we want.