Author Topic: Is BitShares price diverging from BTC?  (Read 1963 times)

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Offline Ander

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This is the downtrend line that BTC needs to break above.  Break this line and we get a good rally.  Otherwise we drop more.

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Offline Gentso1

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The day isn't over yet.

I am thinking btc will be supported in the 250-275 range.

Either way I am happy my day trading of BTS netted me......More BTS and just when I was ready to give up my day trading  8)

Offline Ander

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I just bought as much BTC as I could at $279.  Hoping for the double bottom.

I' m a bit low on BTC right now because I converted tons of it to BTS this month.  Time to restock.
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Offline bytemaster

BitUSD is holding up better than NuBits :)
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Offline bytemaster

For the latest updates checkout my blog: http://bytemaster.bitshares.org
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Offline Ander

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Offline bytemaster

We are down the second least in the top 20... only slightly worse off than Maidsafe.

In terms of "market share growth" BTS had a HUGE day :) 
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Offline jsidhu

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I think if its true its a sign that one of these are btc killer app... whichever gets the network affect and is truly better.
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Offline davidpbrown

Looking at http://coinmarketcap.com/#BTC I'm beginning to wonder if BitShares; MaidSafe; CounterParty; +?others2.0, are now less dependant on the BTC price. Ye olde v1.0 coins seem to have taken a sharp hit and it seems Litecoin is failing.. down to the lowest I've seen in a long time ~0.0076BTC.

I'm surprised if that's already the case, as I thought BTC was still too strong. BTC price below $300!?.. is that too many merchants selling now perhaps. It's the second sudden slide on altcoins in the last few weeks and certain coins seem to weather that change better. Perhaps in future everything will be measured in BTS instead.

Or is there news that's pulling people out of altcoins and through BTC?
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