Up 10% against btc.

[lil_jay890]

Apparently I suck at reading the markets.  I shorted the heck out of BitUSD when BTS was at something like 10,000 satoshis, which turned out to be about our all-time high.  Not long before the balances unlocked, I bought a ton of BitUSD because I was expecting us to take a beating -- I think it was ~50M new BTS were unleashed? -- but we rose instead.  Aaaagh!

Fortunately I took the opportunity to short to myself at 0%, so I'm not entirely long BitUSD and I did realize some of the gains.

Markets love to unload bulls at the bottom and bears at the top... It doesn't leave the station for the moon until it has unloaded as many bulls at the bottom as it possibly can.  It's pure frustration for 90% of people.

When we do get a sustained uptrend it will be fierce and the pullbacks will be very shallow.  It won't allow a lot of people who sold to get back.  It's the nature of all markets.  The best example now is to look at the current USD rally... super shallow pullbacks.

[theoretical]

Apparently I suck at reading the markets.  I shorted the heck out of BitUSD when BTS was at something like 10,000 satoshis, which turned out to be about our all-time high.  Not long before the balances unlocked, I bought a ton of BitUSD because I was expecting us to take a beating -- I think it was ~50M new BTS were unleashed? -- but we rose instead.  Aaaagh!

Fortunately I took the opportunity to short to myself at 0%, so I'm not entirely long BitUSD and I did realize some of the gains.

[donkeypong]

Slow and steady, that's what we want. I'm just fine with a 7% rise per day also, but only if it's a sustainable trend. At some point, one of these upward trends is going to sustain itself as more than a bubble, because BitShares has the fundamentals to be right up there with Bitcoin (or better).

[cass]

Good news, that is the result of the community work.

 

[xiahui135]

Good news, that is the result of the community work.
We need more work to realize a better wallet and stronger pegging for long term winning.

[edilliam]

We just got back into fourth place on coinmarketcap.com   

[CLains]

... there is a giant timer on bitshares.org

then up or down again depending on quality of website

then our precious 1.0, mobile wallet, and delegate content/marketing activity

>shorting the life-blood out of all my BTS for February, March and April this shi gonna get wild

[merlin0113]

 Not long after ripple went from 0.01USd to 0.1USD. [/quote]


I like this. There is a pattern?

[graffenwalder]

I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.

Why not use BitUSD to buy BTS again?

Sure you can use your BitUSD profits to buy back BTS again. This is just an example.

It now reminds me of trading on ripple a bit over a year ago.
Also at that same time user issued assets where introduced and traded.

Not long after ripple went from 0.01USd to 0.1USD.

[merlin0113]

I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.

Why not use BitUSD to buy BTS again?

[cass]

I like what I'm seeing

[liondani]

I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.

this

+5 +5 +5

Sent from my ALCATEL ONE TOUCH 997D

[graffenwalder]

I think people are underestimating how big it is, that all markets are opened now.

Example:

You can short bitusd against yourself at 0% interest now.
If you believe gold will keep on rallying, you can use your BitUSD to buy Bitgold.
After a profit you sell your Bitgold for BitUSD again, and close your short.

[liondani]

they watch all the countdown ticker on bitshares.org...  obviously they want to get in, before before it gets to zero 

Sent from my ALCATEL ONE TOUCH 997D

[mf-tzo]

There are people who once they claim their vested balance will have more BTS collateral to short bitusd ...