Bitshares price discussion

[Ander]

I wouldnt buy gold stocks right now, most of them are in debt and losing money, and the chart looks to me like they will go a lot lower.  Bitcoin/cryptocurrencies replaced gold, imo.  During the greece crisis gold just kept going down, while bitcoin rose, and the media was talking about bitcoin as the store of value.


http://www.marketwatch.com/story/why-gold-is-falling-and-wont-get-up-again-2015-07-20


"Do you remember Gold, it was sort of an analog bitcoin".

[cylonmaker2053]

Wow, Gold got destroyed today, and mining stocks got it even worse.  The top several mining companies lost a combined market cap greater than every crypto combined. 

This doesnt surprise me.  Ever since the mining indexes broke the neckline of a big head and shoulders formaiton a couple weeks ago they've been in freefall.

I think a bunch of these companies are going to go under (the smaller ones with worse financials) before Gold recovers back to prices they can make money on.

yeah i agree, sucks to see this kind of route in the industry, but also makes me salivate on throwing some more capital into picking up the scraps.

[Ander]

Wow, Gold got destroyed today, and mining stocks got it even worse.  The top several mining companies lost a combined market cap greater than every crypto combined. 

This doesnt surprise me.  Ever since the mining indexes broke the neckline of a big head and shoulders formaiton a couple weeks ago they've been in freefall.

I think a bunch of these companies are going to go under (the smaller ones with worse financials) before Gold recovers back to prices they can make money on.

[cylonmaker2053]

From the Ethereum offspring only EtherEx looks like our direct competitor
https://etherex.org/faq

You can play with their demo here:
http://etherex.github.io/etherex/#/
but don't expect too much, it's a very simple GUI.

the healthiest way to look at competition is as a way to learn about our own weaknesses, improve them, and adopt anything we think has value from what the other guys are doing.

[jakub]

From the Ethereum offspring only EtherEx looks like our direct competitor
https://etherex.org/faq

You can play with their demo here:
http://etherex.github.io/etherex/#/
but don't expect too much, it's a very simple GUI.

[xeroc]

Wouldn't it be cool to show in in Google Searched next to Ethereum when people search for "Ethereum slow"
Kidding ... let's try grow a healthy ecosystem. There is enough jobs to be decentralized for both of our chains and I welcome Ethereum and their totally different and academical approach!!

[cylonmaker2053]

As if it will draw renewed attention to smart currency platforms & if BTS 2.0 is released in a timely manner and outperforms it in a lot of areas, it will be hard for us not to be revalued higher too.

Issue is: We need to tell people once our platform seems to perform better.

Wouldn't it make sense to draft a press release in which we carefully state your advantages over ethereum while congratulating them for their genesis? Would that be interpreted as "bad blood"?

a high functioning 2.0 system will naturally attract serious capital; nonetheless, a little healthy competition with Ethereum couldn't hurt

[xeroc]

As if it will draw renewed attention to smart currency platforms & if BTS 2.0 is released in a timely manner and outperforms it in a lot of areas, it will be hard for us not to be revalued higher too.

Issue is: We need to tell people once our platform seems to perform better.

Wouldn't it make sense to draft a press release in which we carefully state your advantages over ethereum while congratulating them for their genesis? Would that be interpreted as "bad blood"?

[Empirical1.2]

Of course it looks like we'll have to contend with the Ethereum effect pretty soon...

IMHO ethereum is overhyped .. If I had participated in the pre-sale, I'd try to get rid of my ETH as soon as they are traded with some liquidity .. (not an divestment advice)

I didn't participate in the pre-sale either. (As I felt it was a POW play.)  Bitcoin was circa $500 at the time, and the whole crypto-market has declined since, so it will be interesting to see where the market values it.

It could ultimately work in BTS's favour if Ethereum gets a high valuation.
As if it will draw renewed attention to smart currency platforms & if BTS 2.0 is released in a timely manner and outperforms it in a lot of areas, it will be hard for us not to be revalued higher too.

[xeroc]

Of course it looks like we'll have to contend with the Ethereum effect pretty soon...

IMHO ethereum is overhyped .. If I had participated in the pre-sale, I'd try to get rid of my ETH as soon as they are traded with some liquidity .. (not an divestment advice)

[Empirical1.2]

Finally we get a decent "pump" while all other top 10 cryptos are roughly stable 

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/

Yes I would say it's largely due to the Keiser article. Yesterday nearly everyone else was red and BTS was green.

In my mind it also increases the possibility Max himself may look into BTS more, BTS 2.0  is right up his street and also that he might consider an interview with say Max Wright and Daniel on the Keiser report, post BTS 2.0 release. Which prior to this I would have said was extremely unlikely.

that'd be great for us to have continued publicity, his investment, and capital flow from his viewers who get sold on us...

Of course it looks like we'll have to contend with the Ethereum effect pretty soon...

http://cointelegraph.com/news/114898/ethereum-prepares-for-take-off

[cylonmaker2053]

Finally we get a decent "pump" while all other top 10 cryptos are roughly stable 

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/

Yes I would say it's largely due to the Keiser article. Yesterday nearly everyone else was red and BTS was green.

In my mind it also increases the possibility Max himself may look into BTS more, BTS 2.0  is right up his street and also that he might consider an interview with say Max Wright and Daniel on the Keiser report, post BTS 2.0 release. Which prior to this I would have said was extremely unlikely.

that'd be great for us to have continued publicity, his investment, and capital flow from his viewers who get sold on us...

[Empirical1.2]

Finally we get a decent "pump" while all other top 10 cryptos are roughly stable 

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/

Yes I would say it's largely due to the Keiser article. Yesterday nearly everyone else was red and BTS was green.

In my mind it also increases the possibility Max himself may look into BTS more, BTS 2.0  is right up his street and also that he might consider an interview with say Max Wright and Daniel on the Keiser report, post BTS 2.0 release. Which prior to this I would have said was extremely unlikely.

[cylonmaker2053]

Finally we get a decent "pump" while all other top 10 cryptos are roughly stable 

Let's hope it keeps on going!

wonder if this is the Keiser pump?
http://www.maxkeiser.com/2015/07/bitshares-nyse/

[Chuckone]

Finally we get a decent "pump" while all other top 10 cryptos are roughly stable 

Let's hope it keeps on going!