BTS long term support

[Ander]

I just sold my kids Dogecoin for BitShares. They'll thank me later.

Hehe!

[Tuck Fheman]

I just sold my kids Dogecoin for BitShares. They'll thank me later.

[Ander]

I think we had a lot of dumps the past few days due to PTS and DNS redemptions, especially during the BTC panic rally.

The action on btc38 and bter has started to look bullish again in the past two days, relative to BTC.  Many large buy walls are stacked close below current prices, while there is very little on the ask side of the orderbooks for the next 10-20% up.  On bter the price has risen and orders have come in heavily under the price as it rises.  On btc38 the current level has held for the past two days while btc has continued lower.

Of course, as always we are heavily influenced by what happens to BTC.

[mf-tzo]

I think that we need another nice pump with a respective volume now to get some attention or else people will just continue to sell their BTS until all confidence is gone. It will be a same to become one of those alts that nobody cares anymore, so please hold and keep buying people...

[lovejoy]

Just passed PayCoin again. Back in the 4th spot!

Ohhh that just made my night... Look at us go!   

[robrigo]

Just passed PayCoin again. Back in the 4th spot!

[Ander]

BTC has been getting closer and closer to breaking that ~1350 CNY resistance for days now.  I think its going to break higher soon, and then BTC goes to 1600 CNY in a hurry.  And everything goes up with it.

[merlin0113]

Why would coinbase news send us up specifically, while bitcoin is flat?  I would think it would drive bitcoin up (which would drive up every alt).  But bitcoin is flat and we are up.

Just prior to the announcement of coinbase news, BTC'r price was droping 10 dollars and very likely to sink fast. The news is a reverse changer. Let's see if BTC will rise more.

[Ander]

Why would coinbase news send us up specifically, while bitcoin is flat?  I would think it would drive bitcoin up (which would drive up every alt).  But bitcoin is flat and we are up.

[merlin0113]

We just broke .072.  I think we are hitting .090 CNY within a week.  Thats up almost 30% from here. 

Feel free to use me as a contrarian indicator because I just went super bullish again, and dump now.

The 0.5.1 version together with Coinbase news is the main reason behind today's move up. I think we could break 0.1 within a week because wallet 1.0 is almost there, even better if at the same time BTC rockets higher.

[Ander]

We just broke .072.  I think we are hitting .090 CNY within a week.  Thats up almost 30% from here. 

Feel free to use me as a contrarian indicator because I just went super bullish again, and dump now.

[gamey]

Usually with financial decisions like this there is a solution that is basically a mix of whatever 2 extremes you are considering.  You should consider doing whatever that is. 

[Akado]

Bitcoin had a nice rise today. Seems like it could go lower though as there is a lot of uncertainty right now. If it breaks below $200 we could see another dump.

I am not a trader, just my opinion.

as if being a trader would have made your claim more credible, ha ha

As being a trader, I should remind you that chinese community has several major following good news about BTS soon. LOL

Don't go Adam Guerbuez on us 

[merlin0113]

Bitcoin had a nice rise today. Seems like it could go lower though as there is a lot of uncertainty right now. If it breaks below $200 we could see another dump.

I am not a trader, just my opinion.

as if being a trader would have made your claim more credible, ha ha

As being a trader, I should remind you that chinese community has several major following good news about BTS soon. LOL

[toast]

Bitcoin had a nice rise today. Seems like it could go lower though as there is a lot of uncertainty right now. If it breaks below $200 we could see another dump.

I am not a trader, just my opinion.

as if being a trader would have made your claim more credible, ha ha