Bitshares price discussion

[TravelsAsia]

Just don't margin long anything that you can't afford to lose.  We need to keep our bts in the hands of those of us that love bts.  All the dumpers that have been crapping all over us don't see the same value in bts that us true believers do.

That statement sounds a little like a cult.   For every seller, there's a buyer. The market will figure out the value.

[Ander]

Don't margin BTS ever.

Don't those of us here have enough of it by now?  No need to margin and get rekt.

[puppies]

Just don't margin long anything that you can't afford to lose.  We need to keep our bts in the hands of those of us that love bts.  All the dumpers that have been crapping all over us don't see the same value in bts that us true believers do. 

[Ander]

Are we seeing Ander's famous 3rd wave?

"Wave 3: Wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three's midpoint, "the crowd" will often join the new bullish trend. Wave three often extends wave one by a ratio of Golden Ratio "

No, this would all have to be part of wave 1 still.  But at least the dump to 400 sats looks like it was probably the ultimate bottom (unless BTS were to completely die).

[vlight]

It's time to play, "Who's Dumping First?"!

Will it be ...

A) A Dev
B) JonnyBitShares
C) The Unknown Dumpster
D) All of the above

So true

There was only one true pump in the past 2 years for BitShares, well actually for BTSX, after that only dumps

This time it's surely different 

[tonyk]

It's time to play, "Who's Dumping First?"!

Will it be ...

A) A Dev
B) JonnyBitShares
C) The Unknown Dumpster
D) All of the above

I will take *angel* account

[Tuck Fheman]

It's time to play, "Who's Dumping First?"!

Will it be ...

A) A Dev
B) JonnyBitShares
C) The Unknown Dumpster
D) All of the above

[vlight]

moon

[tonyk]

Are we seeing Ander's famous 3rd wave?

"Wave 3: Wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three's midpoint, "the crowd" will often join the new bullish trend. Wave three often extends wave one by a ratio of Golden Ratio "

[oldmine]

look up the wallet named "trust"

LOL he is out  of funds , poor guy

lol,

maybe we should take up a collection for him

poor fella

Or maybe he sold high and you should envy him, not feel sorry for him?

[Erlich Bachman]

look up the wallet named "trust"

LOL he is out  of funds , poor guy

lol,

maybe we should take up a collection for him

poor fella

[GChicken]

the price will only go up only and if again some nice whales create $1 mil worth bitassets by locking some collateral and daily volume is more than $4 mil for at least a week.. until then it will just be pumps to $20 mil market cap and dumps to $7 mil market caps..And if these nice whales don't create those $1 mil bitassets then eventually bitshares will be dumped to zero..I am sad..

I think you are sad.. try this -> relax bro!

think of the powerful platform that exists... right now.
we need the markets to be liquid enough and you have the ability to move value from gold, silver, USD, CNY in seconds for fractions of a cent!. think of the real world cost of doing these transaction and the process and time required; once you have moved these values your can send them any where in the world; in a system that elect block producers and cannot be bought out by leasing/buy a shit ton of hardware, and a process where the stakeholders actually have a say in what direction we take - what BTC doing these day - i don't know but that's what worries me, not Bitshares.

i look forward to the day i can buy a MPA of a stock in another country or commodity like orange juice or coffee without brokers, commissions, and crazy settlement times

[mf-tzo]

the price will only go up only and if again some nice whales create $1 mil worth bitassets by locking some collateral and daily volume is more than $4 mil for at least a week.. until then it will just be pumps to $20 mil market cap and dumps to $7 mil market caps..And if these nice whales don't create those $1 mil bitassets then eventually bitshares will be dumped to zero..I am sad..

[GChicken]

look up the wallet named "trust"

LOL he is out  of funds , poor guy

[GChicken]

I have no secret knowledge, its just the way it looks to me.

but either way in my opinion price going down is not great for getting people to look at the project, price going down signifies a dying project / lack of interest. everyone close to Bitshares knows we have great value in what we hold but sadly it takes effort to understand that, and in a world with some many cryptos you need something to drive you to look at a project, for me it generally not seeing the price move downwards.

if price goes down sure some people might buy shares but i would think they a more speculators doing so on centralised exchanges and will not even look at the client, the DEX, protocol or other offerings. if prices rise people might be interested enough to find out why it's moving up and what makes it tick, after which, if the price was to move down again maybe they would consider becoming a larger holder.

Just my thoughts,