Bitshares price discussion

[Ander]

I'm sure most of you already agree, but don't lose sight of the big picture.  We are still very very undervalued.  Don't sell too early.

Heh, I just sold some.
That I bought under 24 hours ago at like 1500.

[puppies]

I'm sure most of you already agree, but don't lose sight of the big picture.  We are still very very undervalued.  Don't sell too early.

[Ander]

Oh wow, that spike on polo...someone got short squeezed HARD.

[Helikopterben]

What if btc38 really is in fractional reserve, and is buying on polo to try and get themselves out of it.

Just another form of a short squeeze... unless they don't have the money to buy and cover.  Don't leave money on exchanges.  It's dangerous.

[Ander]

This just shows that almost everyone only looks at the price.

BTS is at 14xx and no one gives a crap about it, then you pump it 33% in a day and no one can shut about about how great it is.

[Ander]

What if btc38 really is in fractional reserve, and is buying on polo to try and get themselves out of it.

[Akado]

When we used to value 10x more

[jsidhu]

BTS volume > ETH volume on polo.  Wow.

extrapolate 100 bitcoin per first 3 hours. We should have a 1000btc volume day

[Ander]

BTS volume > ETH volume on polo.  Wow.

[kenCode]

https://youtu.be/g9uAtMmqT2A?t=23m08s

[chryspano]

WTF?! Where is newmine? He might have a heart attack when he sees this!

[Ander]

(And then someone shoves up a million on there).

[Ander]

With only 298k bts available to borrow on polo, theres got to be at least what?  2M bts shorted already?

About 2.5 million I think.

I've even got some lent out near 2% daily now.  I think my remaining 2% a day offer is pretty much the only bts left on the lending there!  Crazy.

[puppies]

With only 298k bts available to borrow on polo, theres got to be at least what?  2M bts shorted already?

[Ander]

not only do the shorts have to repurchase, they actually have to pay interest too. So in fact this increases demand.

They have to pay interest to me at .5% daily.