Bitshares price discussion

[Empirical1.2]

Can somebody enlighten me whats the cypher point for this baas speculation? From what i can gather here https://bitsharestalk.org/index.php/topic,21115.45.html its clear that a user just made a template for deploying a witness node on azure vm and sent a request to mst folks asking to review the submission. Just that. Did they actually confirm theyre gonna add it? Did they mention theyre willing to officially certify it along with other features on their cloud computing platform? I guess no. I see smoke and mirrors everywhere.

Further in the same thread...

Community Action Request: Content for Azure BaaS blog post. 


Request:
First, please review Mr. Marley's previous blog posts to see how other blockchain offerings are being positioned [1].  Then, please provide ideas on what you feel should be included in his upcoming blog post highlighting BitShares. 

[1] https://azure.microsoft.com/en-gb/blog/author/marleyg/

[Akado]

Can somebody enlighten me whats the cypher point for this baas speculation? From what i can gather here https://bitsharestalk.org/index.php/topic,21115.45.html its clear that a user just made a template for deploying a witness node on azure vm and sent a request to mst folks asking to review the submission. Just that. Did they actually confirm theyre gonna add it? Did they mention theyre willing to officially certify it along with other features on their cloud computing platform? I guess no. I see smoke and mirrors everywhere.

Gladly you got rid of it a few weeks back só have nothing to worry about 

[FIAThater]

Can somebody enlighten me whats the cypher point for this baas speculation? From what i can gather here https://bitsharestalk.org/index.php/topic,21115.45.html its clear that a user just made a template for deploying a witness node on azure vm and sent a request to mst folks asking to review the submission. Just that. Did they actually confirm theyre gonna add it? Did they mention theyre willing to officially certify it along with other features on their cloud computing platform? I guess no. I see smoke and mirrors everywhere.

[EstefanTT]

When the news is going to be live ??

I think, our MC could substantially increase with just a couple of simple things on bts.org. More dynamism, updates, big news, quick small news, event, hangouts quick recap, ... and also a way of showing what we have right now, our partners, 3rd parties running on/with bts,  development in progress, potential roadmap, ...

Lot's of long term investor just spend a coule of minutes on the web site of every crypto projects to find the ones where they will invest. If we gave them a complicated description of our tech and nothing else, they'll leave quickly. If they see lots of things going on and a relatively low MC, they will spend more time to check the tech we have and then ... change their minds about bts.
In brief, IMO, throwing our (amazing) tech in the face of the random crypto dude passing by bts.org is not the way to make them want to knows more about us. I think they will read and try to understand the tech only if we first incentive them to do this hard work.

[Empirical1.2]

anything below $40 mil market cap doesn't even worth discussing it i think..
Talking  about small pump from 0.000009 to 0.00001 and vice versa are insignificant and I think harm bts price..I think we should revisit this thread only when we are x5 of current price..Otherwise people from outside the community see that we think this is a pump and they just dump..
We should start having a bit higher expectations than that people...

The small rise from 09 - 1 was in relation to expectations of a much bigger rise coming next week...

we could be shortly added to Microsoft Azure BAAS....

On 7th December Microsoft Azure announced they were adding Ripple.  Over next 4 days, XRP increased 75% in value.
https://azure.microsoft.com/en-gb/blog/azure-blockchain-as-a-service-update/
On 15th December  Microsoft Azure announced they were adding Factom. Over next 6 days FCT increased 680% in value.
https://azure.microsoft.com/en-gb/blog/azure-baas-update-2/
On 4th January Microsoft Azure announced they were adding Emercoin. Over next 6 days  EMC increased 367% in value.
https://azure.microsoft.com/en-gb/blog/azure-blockchain-as-a-service-update-3/

It won't have an impact as big, it's not something new now, people might have got used to cryptos getting on Azure

I'm not expecting massive gains but it's particularly good news for BTS as we tend to be development strong but adoption/utility/known 3rd party weak so the name recognition of Microsoft Azure is a big positive & step in the right direction. I agree with Ander that we'll see 20-30 million and I also think we'll retain some of that additional value too, though we'll probably have to wait for at least a week after the announcement to get a sense of what it's worth to BTS.

[btswildpig]

Meh, it went back down.  Not sure what Eth will do, it could continue up or crash, if it crashes it will probably liquidate all long positions in all coins.  Everything else will drop some too.

can you tell me more ? you need to risk your entire portfolio of coins in order to long/short one single coin in your account ?

[Ander]

Meh, it went back down.  Not sure what Eth will do, it could continue up or crash, if it crashes it will probably liquidate all long positions in all coins.  Everything else will drop some too.

[tonyk]

Well that was a fun pump... They are getting shorter and smaller each time.

We're still decently up right now...y'all are way too negative and price sensitive. Just let the market do its thang.

The way the price has been acting over the last several months is not bullish at all.  It's consistently leading to lower highs with a floor that continues to hold.  This is a descending triangle pattern and more often than not it leads to the floor breaking and price falling to fresh lows.

It would be much more bullish if BTS could establish a higher high, say 17 or 18 mil, and then fall back and retest an older high.

The market is doing it's "thang" and its saying lower (probably around 5 million) is very possible in the next few months.

people with more 'insider knowledge' than you or me tend to agree with you...

all those "weird name-weird name" accounts voting for xeroc as of late, send substantial amounts to polo on every price rise...I sincerely doubt they do it to go margin long...

[lil_jay890]

Well that was a fun pump... They are getting shorter and smaller each time.

We're still decently up right now...y'all are way too negative and price sensitive. Just let the market do its thang.

The way the price has been acting over the last several months is not bullish at all.  It's consistently leading to lower highs with a floor that continues to hold.  This is a descending triangle pattern and more often than not it leads to the floor breaking and price falling to fresh lows.

It would be much more bullish if BTS could establish a higher high, say 17 or 18 mil, and then fall back and retest an older high.

The market is doing it's "thang" and its saying lower (probably around 5 million) is very possible in the next few months.

[CLains]

Volume is going up, it's just the weight of bears. We'll shake them off for good with Azure news next week, then they'll have to start buying back 

[nomoreheroes7]

Well that was a fun pump... They are getting shorter and smaller each time.

We're still decently up right now...y'all are way too negative and price sensitive. Just let the market do its thang.

[lil_jay890]

Well that was a fun pump... They are getting shorter and smaller each time.

[BunkerChainLabs-DataSecurityNode]

Dont margin bts right now, lending rates on btc are stupidly high,like 1-2%.

Too many people are margin long coins right now, the whole thing might crash.

[cube]

Also please be very careful with margin everyone.  A lot of true believers were crushed in October by margin calls.  I know I lost a couple hundred thousand bts, by being stupid with margin.  Remember that if you go margin long, you will have to sell at some point. 

What does 'margin long' in poloniex mean?  Does it mean borrow btc to buy bts?  How does margin call happen? 

[puppies]

Dont margin bts right now, lending rates on btc are stupidly high,like 1-2%.

Too many people are margin long coins right now, the whole thing might crash.

BTS lending rate is also high right now.  2.9% which generally means that there are lots of people currently short bts.  I don't know about all of you, but I am hoping that they all get fucked.  Good and hard.

edit.  Its looking like the shorts are gonna win again.  Too bad.  If we were able to hurt a couple shorters big, then they might think twice about shorting bts again.  I think that a lot of the btc that was borrowed was going into bts, and these longs are gonna start having to close their longs.