NuShares price discussion

[lil_jay890]

I'm honestly starting to wonder if I should give nuShares a second look as something I might be able to actually care about. I got all huffy and puffy and withdrew all support from that project because they did their crowdfund closed. But if they're actually going to be burning shares on a consistent basis... man... I don't know...

...and here starts another rush of crypto traders sloshing to the next get rich quick, to the moon investment.  Crypto guys are really really good at buying high and selling low.

[unreadPostsSinceLastVisit]

Any tips on deciding where to start if you don't have enough to spread your investments out like that?

Obviously I want to keep the bulk of my funds in the Bitcoin/Bitshares/Peercoin that I actually give a crap about. Other than those though, I figure if I scrape all my crapcoins together I might be able to muster enough to play with.

Ander, do you mind if I ask how much you had to put into nuShares to score that free bitcoin of yours? Just curious but I understand if you don't want to share that info.

I'm honestly starting to wonder if I should give nuShares a second look as something I might be able to actually care about. I got all huffy and puffy and withdrew all support from that project because they did their crowdfund closed. But if they're actually going to be burning shares on a consistent basis... man... I don't know...

[fav]

List of altcoins I have lost on, in satoshi terms:
Litecoin
Bitshares

how not to lose money trading altcoins :  don't cash out until you're up. =)

[btstip]

Hey Tuck Fheman, here are the results of your tips...

• Ander: has been credited 1 FISTBUMP

Curious about BtsTip? Visit us at http://btstip.io and start tipping BTS on https://bitsharestalk.org/ today!

Source: https://bitsharestalk.org/index.php/topic,19975.msg258940/topicseen.html#msg258940

Created by hybridd

[Tuck Fheman]

List of altcoins I have lost on, in satoshi terms:
Litecoin
Bitshares

how not to lose money trading altcoins :  don't cash out until you're up. =)

#btstip "Ander" 1 FISTBUMP

[Ander]

The NSR buyback just bought into my sell orders and gave me profits on all the NSR I bought this week.

So beautiful.


Cant wait for next week.

Yeah I front ran it too

My orders on both bter and polo were almost perfectly placed, they both got almost but not quite fully executed, and the final order bought by the buybacks was part of my order on both.  A bit of last minute front running caused me to not sell 100% but thats okay.  I have a little free NSR now.


I do worry that this is going to get a lot harder and riskier to pull off in the future however.  At this higher price level there are a lot more sell orders appearing and people trying to shove orders in front of each other to get bought by the buy wlal.

One of these weeks some whale is just going to dump into the buywall and crash the price, and then everyone who bought some hoping to sell it into the repurchase will get destroyed.

Thank you for pointing this out.

I was going, "man, I wish I was good at trading like Ander."

then this reminded me that my buy and hold strategy is the safest for somebody with long term faith in crypto.

Nah if I was good at trading I would own no bitshares and wouldnt have lost a bunch on it.


Its kindof funny:

List of altcoins I am net positve in trades on, in satoshi terms:
Ripple
Ethereum
Dash
Dogecoin
Stellar
Maid
NXT
Monero
Nushares
Counterparty
QORA
Burst


List of altcoins I have lost on, in satoshi terms:
Litecoin
Bitshares


Everything I dont really care about I made money on except litecoin.

The lesson is that you should not care about the things youre trading.  AT ALL.  If you dont give a shit about them you wont hesitate to dump them if they go bad, so they wont suck more and more of your money into a black hole.

[unreadPostsSinceLastVisit]

The NSR buyback just bought into my sell orders and gave me profits on all the NSR I bought this week.

So beautiful.


Cant wait for next week.

Yeah I front ran it too

My orders on both bter and polo were almost perfectly placed, they both got almost but not quite fully executed, and the final order bought by the buybacks was part of my order on both.  A bit of last minute front running caused me to not sell 100% but thats okay.  I have a little free NSR now.


I do worry that this is going to get a lot harder and riskier to pull off in the future however.  At this higher price level there are a lot more sell orders appearing and people trying to shove orders in front of each other to get bought by the buy wlal.

One of these weeks some whale is just going to dump into the buywall and crash the price, and then everyone who bought some hoping to sell it into the repurchase will get destroyed.

Thank you for pointing this out.

I was going, "man, I wish I was good at trading like Ander."

then this reminded me that my buy and hold strategy is the safest for somebody with long term faith in crypto.

[Ander]

The NSR buyback just bought into my sell orders and gave me profits on all the NSR I bought this week.

So beautiful.


Cant wait for next week.

Yeah I front ran it too

My orders on both bter and polo were almost perfectly placed, they both got almost but not quite fully executed, and the final order bought by the buybacks was part of my order on both.  A bit of last minute front running caused me to not sell 100% but thats okay.  I have a little free NSR now.


I do worry that this is going to get a lot harder and riskier to pull off in the future however.  At this higher price level there are a lot more sell orders appearing and people trying to shove orders in front of each other to get bought by the buy wlal.

One of these weeks some whale is just going to dump into the buywall and crash the price, and then everyone who bought some hoping to sell it into the repurchase will get destroyed.

[Empirical1.2]

The NSR buyback just bought into my sell orders and gave me profits on all the NSR I bought this week.

So beautiful.


Cant wait for next week.

Yeah I front ran it too

[Ander]

Wonder what I should put this free 1+ BTC profit into. 
Maybe burst.  That daily moving average crossover looks yummy, after its been in a downtrend for almost a year and finally looks like it could be breaking it.

Qora. Big news by end of December I hear.

I bought more Qora at 5 earlier, and it went form 5 to 7, but then people dumped so hard on it.  I still have a bunch of Qora from before too that are 'free' in that my average cost for them became zero when someone (CCEDK?) bought all my Qora at 9-10 and spiked it to 20.

But yeah maybe I'll get a bit more.

[Tuck Fheman]

Wonder what I should put this free 1+ BTC profit into. 
Maybe burst.  That daily moving average crossover looks yummy, after its been in a downtrend for almost a year and finally looks like it could be breaking it.

Qora. Big news by end of December I hear.

[Ander]

Wonder what I should put this free 1+ BTC profit into. 
Maybe burst.  That daily moving average crossover looks yummy, after its been in a downtrend for almost a year and finally looks like it could be breaking it.

[Ander]

The NSR buyback just bought into my sell orders and gave me profits on all the NSR I bought this week.

So beautiful.


Cant wait for next week.

[Empirical1.2]

NuShares are buying back 38.6 BTC worth this week.

https://discuss.nubits.com/t/nsr-buyback-8-week-of-november-16-2015/3052

[liondani]

Their trading volume is non existant!

^THIS