Author Topic: Bitshares price discussion  (Read 887213 times)

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Offline Ander

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what bothers me though is the peg..that bitusd premium is out of control and won't bring any people to adopt bitusd..

No one cares about the 0.9.2 bitUSD, its dead.
They are al lwaiting for new system.
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Offline mf-tzo

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I was also expecting a dump that never came but to be honest..are u selling your BTS now? I am definitely not selling..I don't think many will dump before launch no matter how cheap they got their bts, unless ofcourse they absolutely need cash now.

what bothers me though is the peg..that bitusd premium is out of control and won't bring any people to adopt bitusd..

Offline Akado

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I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop

when price go up by the stairs is difficult to fall by a lifter hole.

traders start to be conscient about the power of 2.0 looks like nobody want to loose the train.

i heard China markets are not buying.
It's 4 a.m. in Beijing !

Yep Chine hasn't wake up yet. Let's see how it works out. But it's like 2 or 3 days with price increase without a dump, seems strange that's all. Hope it continues like this till Oct 13th
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Offline inarizushi

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I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop

when price go up by the stairs is difficult to fall by a lifter hole.

traders start to be conscient about the power of 2.0 looks like nobody want to loose the train.

i heard China markets are not buying.
It's 4 a.m. in Beijing !
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Offline infovortice2013

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I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop

when price go up by the stairs is difficult to fall by a lifter hole.

traders start to be conscient about the power of 2.0 looks like nobody want to loose the train.

i heard China markets are not buying.
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Offline jsidhu

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I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop
The pattern has changed cause polo took over our volume., we were so used to chinese dunping into efery peak on btc38.. Too much hype around new release.. Many large traders buying all they can get using hidden walls.

Imo 100k tps and lmax optimizations getting priced in.. Aswell as enhanced usability.
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Offline Akado

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I have nothing against our rise in price but shouldn't we have a correction? Every time I check it the price is higher, it just doesn't stop
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Offline inarizushi

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+20% today now... I'm breathless, following the crazy action in poloniex. I don't even trade, just hodling and watching it happen... Wow.

Globally I'm still in the red however  :D, but it sure feels good. Hope the correction won't be too harsh, I really don't feel like selling and trying to by lower.
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Offline tonyk

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heh.  stupid bitUSD premium!  Its a bit out of hand.

I think that happened because so much bitUSD got closed, and whats left of it is spread around to random people who lost it or whatever.

You think the majority of the current buy bitUSD orders are from people who has lost their keys or something? I do not find it likely...btw the time the order was placed should be easy to find.
« Last Edit: September 18, 2015, 10:24:20 pm by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Ander

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heh.  stupid bitUSD premium!  Its a bit out of hand.

I think that happened because so much bitUSD got closed, and whats left of it is spread around to random people who lost it or whatever.
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Offline tonyk

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  Some at high prices, but a lot more in may and then september at low prices.  Driven down my costs some more with trading.  At this point the next BTS rally could take me back into a net gain on the whole crypto thing, finally.

That's what I thought. While my position is probably 10 - 20x smaller than yours, my estimate has always been that we will brake into the green at roughly the same time.

 and @ 2475 sat and 233 USD/BTC, I can proudly say - I can pay the 20% premium on all of my short bitUSDs and be

 in the green  :)
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Ander

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Is the trollbox usually about BitShares? I don't use Polo so I don't know but it seems to be the talk right now

Its been that way since the first day it spiked.
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Offline Akado

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Is the trollbox usually about BitShares? I don't use Polo so I don't know but it seems to be the talk right now
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Offline Ander

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We are at #5 in CMC now!!  $14.3m market cap at 2447! Think we might break 2500 by tomorrow.

Do you think Bitcoin getting declared a commodity by the fed has anything to do with it?

https://bitsharestalk.org/index.php/topic,18500

No, bitcoin being declared a commodity didnt have anything to do with it. :P
The chart being super bullish had everything to do with it, as did the fundamentals of 2.0 being awesome and coming soon.
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Offline jsidhu

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If we break 2600 anything can happen.
hit 2638.. shorts rekt

We hit 2638 my shorts will be rekt too. Hah.

If I were Ethereum I'd be shaking in my boots right about now... :P

Still way too cheap.. if our market cap goes over $200 mill then maybe
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