Bitshares price discussion

[kingjohal]

Huh?  Price is dropping?  Is the market mechanics not working?

people still need to claim their funds and start making the markets ... also people are dumping at bter (who seem to not honor the upgrade) and other people are doing arbitrage ..

Whats do you mean claim funds and making market?

So sorry for stupid questions. I'm a crypto noob

[xeroc]

Huh?  Price is dropping?  Is the market mechanics not working?

people still need to claim their funds and start making the markets ... also people are dumping at bter (who seem to not honor the upgrade) and other people are doing arbitrage ..

[kingjohal]

Huh?  Price is dropping?  Is the market mechanics not working?

I don't think so..

[topcandle]

Huh?  Price is dropping?  Is the market mechanics not working?

[kingjohal]

The migration to 2.0 is now complete across all boards.

[Ander]

Poloniex has way more than 12M on the exchange.

Give them some time to sort 2.0 out.

[clayop]

I requested Polo to tell me their cold storage account name. There's no reason to hide their account names. I hope this is just a rumor... but who knows?

[godzirra]

Interesting facts:

Poloniex sell order total: 25,313,531 BTS
Balance of the account "poloniexwallet": 12,687,090 BTS
Difference: 12,626,441 BTS

https://bitshares.openledger.info/#/account/poloniexwallet

What the...

It's OK...a person can trade his total balance multiple times par day. add to that the margin trading and it is about normal... actually even 3.5 bigger than their total balance would be on days like the last several.

[edit]
ohh you mean the order book alone? They probably have several accounts....but definitely more suspicious.

Polo has most definitely more than 12.5m bts on exchange. That's not very much at all. Wouldn't an exchange need multiple wallets for security anyways? I seriously doubt anything noteworthy is going on there.

[jsidhu]

Interesting facts:

Poloniex sell order total: 25,313,531 BTS
Balance of the account "poloniexwallet": 12,687,090 BTS
Difference: 12,626,441 BTS

https://bitshares.openledger.info/#/account/poloniexwallet

What the...

It's OK...a person can trade his total balance multiple times par day. add to that the margin trading and it is about normal... actually even 3.5 bigger than their total balance would be on days like the last several.

[edit]
ohh you mean the order book alone? They probably have several accounts....but definitely more suspicious.

Nice this means when price rises the margin calls will cascade and cause price to explode.. Big whales can use this to their advantage.. If people were super bullish could the sell side be less than the wallet size ever?

[tonyk]

Interesting facts:

Poloniex sell order total: 25,313,531 BTS
Balance of the account "poloniexwallet": 12,687,090 BTS
Difference: 12,626,441 BTS

https://bitshares.openledger.info/#/account/poloniexwallet

What the...

It's OK...a person can trade his total balance multiple times par day. add to that the margin trading and it is about normal... actually even 3.5 bigger than their total balance would be on days like the last several.

[edit]
ohh you mean the order book alone? They probably have several accounts....but definitely more suspicious.

[suda123]

Interesting facts:

Poloniex sell order total: 25,313,531 BTS
Balance of the account "poloniexwallet": 12,687,090 BTS
Difference: 12,626,441 BTS

https://bitshares.openledger.info/#/account/poloniexwallet

What the...

what is this ELI5

is it good or bad

[kingjohal]

What could this mean?

[clayop]

Interesting facts:

Poloniex sell order total: 25,313,531 BTS
Balance of the account "poloniexwallet": 12,687,090 BTS
Difference: 12,626,441 BTS

https://bitshares.openledger.info/#/account/poloniexwallet

What the...

[kingjohal]

Truth...

[Ander]

Has BTS been on the radar of any big timer VCs?

If it was they probably wouldnt let us know ahead of them buying.