Author Topic: Price of BTS is 0.000014 btc/bts before announce bts2.0, but now the price is  (Read 10279 times)

0 Members and 1 Guest are viewing this topic.

Offline kuro112

Honestly, I think this has a lot to do with the fact that the tech isn't quite as grand as promised, I love what bitshares is doing but if the user experience was more polished from the start we would probably not be seeing such a dramatic drop, overall as we all work to improve the experience for users and administrators, lower the learning curve and increase the adaptability the price will rise again to historic levels.
CTO @ Freebie, LLC

Offline Empirical1.2

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
I don't get why people take the BTC price of BTS .. that makes no sense to me .. would anyone be so kind and enlighten me... please?

Do you see now?

Nearly all crypto is up in dollar terms the last 7 days http://coinmarketcap.com/ but that's thanks to BTC being up.

So looking at the dollar value is misleading, judging performance relative to BTC is still the better indicator.
If you want to take the island burn the boats

Offline Pheonike


All cryptos have liquidity with BTC but not fiat. Using BTC  makes it easier to compare profit/loses between coins.  It's easiest way to buy/sell coins too.

Offline maqifrnswa

  • Hero Member
  • *****
  • Posts: 661
    • View Profile
I don't get why people take the BTC price of BTS .. that makes no sense to me .. would anyone be so kind and enlighten me... please?

removes systemic noise, crypto currencies all tend to rise and fall together, to some degree. It's like saying a stock beat the S&P500 by 10%. That shows it is a strong company, even if the stock dropped.

Also, be careful not to equate rising BTS value with profit, they may not be correlated. A company can be profitable and still lose share value. BTS post 2.0 has been profitable (income exceeds expenses) even though share value declined.
maintains an Ubuntu PPA: https://launchpad.net/~showard314/+archive/ubuntu/bitshares [15% delegate] wallet_account_set_approval maqifrnswa true [50% delegate] wallet_account_set_approval delegate1.maqifrnswa true

Offline well.attenuated

Because the most reasonable on-ramp gateways into BTS still rely on BTC deposit. 
If someone were to develop a legitimate cash>BTS or cash>bitAsset gateway then it would be more appropriate to conceptually price BTS in terms of that baseline.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
I don't get why people take the BTC price of BTS .. that makes no sense to me .. would anyone be so kind and enlighten me... please?

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads


Offline gunailei

  • Full Member
  • ***
  • Posts: 146
    • View Profile
new users,new users
where's new users?
no new users no profit.

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
reasons are none of the above. margin traders just took the opportunity, made a profit and dumped to move onto the next coin.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline alt

  • Hero Member
  • *****
  • Posts: 2821
    • View Profile
  • BitShares: baozi
without real user's support, price just depend on whales.

Offline Xypher

  • Sr. Member
  • ****
  • Posts: 304
    • View Profile
The exchanges haven't really moved to the new system yet, leaving only Poloniex as an exchange to support 2.0 currently.
Some of us are helping tackle this issue by coming up with our own exchanges   / API's that link with exchanges.
We could further improve the situation by getting in touch with the exchanges and having them upgrade ASAP.

Offline BTSdac

  • Hero Member
  • *****
  • Posts: 1219
    • View Profile
  • BitShares: K1
Price of BTS is 0.000014 btc/bts  before announce bts2.0, but now the price is  0.00001290btc/bts
what the reason , I think
1. same of investor are disappoint with the high tx fee. they think fee is high ,cannot attack new user , people does`t want to invest a product without user ,  ,so they have to sell their bts .  and most of them are waiting for change , for example me , I wait for change .
2.it is too different to import wallet with many keys, they think bts did not pay attention to  user experience.

what is more ?
« Last Edit: October 26, 2015, 09:25:20 am by BTSdac »
github.com :pureland
BTS2.0 API :ws://139.196.37.179:8091
BTS2.0 API 数据源ws://139.196.37.179:8091