Bitshares price discussion

[Ander]

The drop is annoying yeah, but as long as we make a higher floor its still progress.  Currently we are still higher than before the pump started, just have to hold around the 1400 level and its all good.

[Akado]

finally out https://azure.microsoft.com/en-us/blog/azure-blockchain-update-6/

[nomoreheroes7]

Fair weather friends ... how soon you forget!

Holy shit that's awesome Tuck.

Let's hope it comes true. Heh.

[Tuck Fheman]

Fair weather friends ... how soon you forget!

[lil_jay890]

Total shit price action... BTS has no "stickiness" to the upside, only to the downside.  All it does is spike and get dumped on by whales.  Only way to make money long is to watch the charts and pray you are around when there is the 1 day pump.

[Chuckone]

@Ander I'm pretty sure nobody's going to brag (or complain) that they were margin long, it was clearly a reckless move at this point...

I thought we were already lucky there wasn't a retracement right after the rise, but I had a feeling it would happen at some point. I was hoping I'd be wrong though.

[Ander]

Based on the BTS action, I get the feeling some idiots margin longed it on a rise again.  Hope it wasnt any of you guys.

[mf-tzo]

http://www.hitfin.com/ - Financial derivatives running on Ethereum network.

BTS will face a lot of competition like that.

This is interesting. Does running on Ethereum blockchain mean that the company cannot go bust, take the money and run away?

[bitmeat]

http://www.hitfin.com/ - Financial derivatives running on Ethereum network.

BTS will face a lot of competition like that.

[Tuck Fheman]

Symptoms are similar to Gox.

[xh3]

thin market tactics

[Brekyrself]

Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

What's interesting is that these coins have majority of the volume on Poloniex.  I worry another Willy bot could be in play.  Thoughts?

There's no way of knowing that. Could be someone just wanting to cause panic on Polo. Remember they were under DDOS a few hours ago!! It think there's some chance of that. With this huge volume, polo should have a pretty big target on its back.

Someone has a case against Polo or Ethereum maybe. I think that's more likely.

Ether is going to be added on a chinese exchange today too so maybe someone wanting to get in cheap before the chinese get in?

Symptoms are similar to Gox.  I'm not saying that's what it is, however the volume on all these "alts" is astronomical at similar times.  I've been around BTC for awhile and it's hard for me to believe all this volume is natural NEW awareness in blockchain tech.

I guess I'm becoming too used to BitShares openness!

[Akado]

Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

What's interesting is that these coins have majority of the volume on Poloniex.  I worry another Willy bot could be in play.  Thoughts?

There's no way of knowing that. Could be someone just wanting to cause panic on Polo. Remember they were under DDOS a few hours ago!! It think there's some chance of that. With this huge volume, polo should have a pretty big target on its back.

Someone has a case against Polo or Ethereum maybe. I think that's more likely.

Ether is going to be added on a chinese exchange today too so maybe someone wanting to get in cheap before the chinese get in?

[Brekyrself]

Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

What's interesting is that these coins have majority of the volume on Poloniex.  I worry another Willy bot could be in play.  Thoughts?

[Akado]

Soooo....what are the charts saying now guys?

I know nothing about technical trading, but it looks to be a fairly low volume dump overall, compared to the pump candles going on the other day. Does that mean anything?

Kind of feels like ETH stole our pump, and now we have to pay for their dump, too. Double whammy.

This happened to everyone. A coordinated dump. BTS, ETH, MAID, SJCX, FCT. Everything down in a matter of minutes. Someone trying to create chaos.

Seems pretty much like those BTC flash crashes that used to happen on BTC-e