Author Topic: Bitshares price discussion  (Read 394714 times)

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Offline karnal

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Re: Bitshares price discussion
« Reply #3450 on: May 22, 2017, 05:55:09 pm »
Bitshares has grown in value by 2500% over three months.

That's really amazing.

It is .. but what are the fundamentals for this astronomical rise?

I think we could easily x50 with STEALTH in the picture from here ..

Offline lil_jay890

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Re: Bitshares price discussion
« Reply #3451 on: May 22, 2017, 05:57:31 pm »
Bitshares has grown in value by 2500% over three months.

That's really amazing.

It is .. but what are the fundamentals for this astronomical rise?

I think we could easily x50 with STEALTH in the picture from here ..

Considering that the anonymous coins are outperforming mostly everything, I would say you are correct... We still haven't heard anything out of blockpay regarding stealth or their current issues.  Golden opportunity that was missed by the blockpay team.

Offline mf-tzo

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Re: Bitshares price discussion
« Reply #3452 on: May 22, 2017, 08:46:34 pm »
I would also like to know what is the status with stealth...It is about time that we reclaim our 4th position in CMC  :)

P.S. I am so upset with myself I panicked and sold most of my bts @$0.01..BIG MISTAKE!

Offline valtr

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Re: Bitshares price discussion
« Reply #3453 on: May 22, 2017, 09:22:54 pm »
I would also like to know what is the status with stealth...It is about time that we reclaim our 4th position in CMC  :)

P.S. I am so upset with myself I panicked and sold most of my bts @$0.01..BIG MISTAKE!
Hi [member=1532]mf-tzo[/member]  IMO it is better to throw away all my BTS in case of total failure than sell all of them cheaper than 1 USD/BTS.
Maybe strange opinion but looking at Ethereum price there is no reason BitShares should be worthless.

Offline amp

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Re: Bitshares price discussion
« Reply #3454 on: May 23, 2017, 03:31:10 am »
Does coinmarketcap take into account the reserved coins of bitshares?

Offline vegolino

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Re: Bitshares price discussion
« Reply #3455 on: May 23, 2017, 08:09:05 am »
Does coinmarketcap take into account the reserved coins of bitshares?
I think not

Offline Chuckone

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Re: Bitshares price discussion
« Reply #3456 on: May 23, 2017, 09:25:46 pm »
I've been puzzled recently about the significant difference between the price for BTS/BTC and BTS/CNY (10-15% some times). It seems there's a premium if you want to buy BTS with CNY, and it's much cheaper with BTC.

I'm no trader so I'm not the type to do arbitrage trading, but I guess it could be kind of profitable for whales to do so?

Offline yvv

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Re: Bitshares price discussion
« Reply #3457 on: May 23, 2017, 10:12:44 pm »
I've been puzzled recently about the significant difference between the price for BTS/BTC and BTS/CNY (10-15% some times). It seems there's a premium if you want to buy BTS with CNY, and it's much cheaper with BTC.

I'm no trader so I'm not the type to do arbitrage trading, but I guess it could be kind of profitable for whales to do so?

If by BTC you mean bitBTC, there is no arbitrage opportunity here, since it is traded at premium against OPEN.BTC and other assets.

Offline lil_jay890

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Re: Bitshares price discussion
« Reply #3458 on: May 26, 2017, 12:18:11 am »
Hope everyone enjoyed being rich for a week

Offline yellowecho

Re: Bitshares price discussion
« Reply #3459 on: May 26, 2017, 01:49:51 am »
P.S. I am so upset with myself I panicked and sold most of my bts @$0.01..BIG MISTAKE!

Ugh, same here.
I had to sell 90% of my BTS position last month... every time I look at the charts I want to vomit.
696c6f766562726f776e696573

Offline Brekyrself

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Re: Bitshares price discussion
« Reply #3460 on: May 26, 2017, 01:51:23 am »
Hope everyone enjoyed being rich for a week

Looks like it will recover.  Anytime Bitcoin has a run, most alt's are sold off as exchanges such as Poloniex are mostly traded vs btc.

This could help: https://bitsharestalk.org/index.php/topic,24130.0.html

Offline Troglodactyl

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Re: Bitshares price discussion
« Reply #3461 on: May 26, 2017, 02:48:30 am »
Hope everyone enjoyed being rich for a week

Looks like it will recover.  Anytime Bitcoin has a run, most alt's are sold off as exchanges such as Poloniex are mostly traded vs btc.

This could help: https://bitsharestalk.org/index.php/topic,24130.0.html

Indeed, and it's still only down about 20% from the high.

Offline Chuckone

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Re: Bitshares price discussion
« Reply #3462 on: May 26, 2017, 06:25:33 am »
I've been puzzled recently about the significant difference between the price for BTS/BTC and BTS/CNY (10-15% some times). It seems there's a premium if you want to buy BTS with CNY, and it's much cheaper with BTC.

I'm no trader so I'm not the type to do arbitrage trading, but I guess it could be kind of profitable for whales to do so?

If by BTC you mean bitBTC, there is no arbitrage opportunity here, since it is traded at premium against OPEN.BTC and other assets.


I was referring to the external exchanges in this case, BTS is traded at a premium on exchanges on which it's traded for CNY (BTC38 for example) compared to those on which it's traded for BTC (Poloniex).

Hope everyone enjoyed being rich for a week

Looks like it will recover.  Anytime Bitcoin has a run, most alt's are sold off as exchanges such as Poloniex are mostly traded vs btc.

This could help: https://bitsharestalk.org/index.php/topic,24130.0.html

I'm not worried, I wasn't expecting the trip to be smooth. Bitcoin has had hard times after the first run up to a 1000$ at the end of 2013. It stayed at about a quarter of its ATH for almost a year before it recovered.

Anyway, a little dip like the one BTS just had gives an opportunity to get in for those who just noticed Bitshares. I'm just happy it went up from the 0.003-0.005$/BTS zone in which it was stuck for a very long time.

I'm still bullish long term (3-5 years). I won't say "To the moon!", because honestly it doesn't make sense, but I believe Bitshares could have a market cap of at least a few billions by 2020, maybe more if interesting new projects are developed around the platform. At some point speculation will play a lesser role on BTS price and it will be less volatile than it is right now, and 25% instant price dips like we saw yesterday will be less likely to happen.


Offline nomoreheroes7

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Re: Bitshares price discussion
« Reply #3463 on: May 26, 2017, 10:48:36 am »
Hope everyone enjoyed being rich for a week


Offline nmywn

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Re: Bitshares price discussion
« Reply #3464 on: May 26, 2017, 02:59:27 pm »
We're far away from max capacity and still growing, so...
According to Dan's EOS presentation when we compare daily transactions it is:
Bitshares + Steem > Bitcoin + ETH + any other blockchain.