I just sold all my Bitshares!

[Akado]

So why don't people just buy bitUSD on the DEX if they want BTS to go up but are afraid of losing money (denominated in FIAT)? Then they could easily convert back if it starts to look promising.

 

Buying bitUSD is the same as selling.  If BTS rises you miss out and are stuck with your loss forever.

Same applies to the opposite.

[Ander]

So why don't people just buy bitUSD on the DEX if they want BTS to go up but are afraid of losing money (denominated in FIAT)? Then they could easily convert back if it starts to look promising.

 

Buying bitUSD is the same as selling.  If BTS rises you miss out and are stuck with your loss forever.

[Riverhead]

So why don't people just buy bitUSD on the DEX if they want BTS to go up but are afraid of losing money (denominated in FIAT)? Then they could easily convert back if it starts to look promising.

 

[cylonmaker2053]

So why don't people just buy bitUSD on the DEX if they want BTS to go up but are afraid of losing money (denominated in FIAT)? Then they could easily convert back if it starts to look promising.

I personally would not do that, because there is no liquidity in BitUSD.

true, little liquidity, but that's mainly a problem on the sell side. we've always had far more demand on the buy side, so parking BTS in bitUSD to weather any downturn would surely still allow for easy unwind on the sell side later down the line.

[jdfreshman]

wait wait wait no desperate no rise

[bitmeat]

So why don't people just buy bitUSD on the DEX if they want BTS to go up but are afraid of losing money (denominated in FIAT)? Then they could easily convert back if it starts to look promising.

I personally would not do that, because there is no liquidity in BitUSD.

[chryspano]

I just sold off all of my Bitshares...

Mike? is that you?

[morpheus]

[karnal]

Me too me too!

"I hereby state for the public record and to all tax collectors that I have sold 95% of all my cryptocurrency, at a huge loss, but don't worry, because I will not be claiming this loss on my taxes, and the other 5% of my crypto was lost in a boating accident (when my paper wallet got wet).

But I will still hang around here religiously because no other coin community is giving weekly updates that blow my mind every time."

Oh my God.  Exact same thing happened to me.

Damn. It must be an evil spell!!

[Ander]

Now Bitshares shall rise again because I just sold my shares!

Looks like it.
At least you didnt sell at 500 sats, right?

[EstefanTT]

Me too me too!

"I hereby state for the public record and to all tax collectors that I have sold 95% of all my cryptocurrency, at a huge loss, but don't worry, because I will not be claiming this loss on my taxes, and the other 5% of my crypto was lost in a boating accident (when my paper wallet got wet).

But I will still hang around here religiously because no other coin community is giving weekly updates that blow my mind every time."

Oh my God.  Exact same thing happened to me.

I know ! I was in my boat, just behind yours and the giant middle finger one seeing both sank a the same time ... it was just before mine explode and my wallet paper got burned .. sooo unlucky !!!

[xeroc]

So why don't people just buy bitUSD on the DEX if they want BTS to go up but are afraid of losing money (denominated in FIAT)? Then they could easily convert back if it starts to look promising.

because they don't know

or maybe they don't want to pay the 3-5% premium to get INTO bitUSD ..
the spread should go down over time as liquidity goes up .. From what I saw the last two months, we have a fairly good working bitusd:bts market ..

[MarkoPaasila]

So why don't people just buy bitUSD on the DEX if they want BTS to go up but are afraid of losing money (denominated in FIAT)? Then they could easily convert back if it starts to look promising.

[Marketorder]

I'm out of the digital currency market. I haven't made a penny at it since the Bitcoin boom. I have no interest in investing in any digital currencies until the volume increases substantially. If I invested in UVXY like I originally planned instead of dreaming for miracles in the no volume digital currency market I would have made almost 10 times my money. For the time being I need to focus on making money from my regular job instead of investing in digital currencies 

Lower fees?!

Dude, my broker charges me $5 - $10 a trade. What's 30BTS worth, like 10 cents?!

We will lower fees as soon as a competitor steps into the ring, no matter how many years it takes.

And to prove you are not lying, tell us what you traded your BTS for:

fiat?

factum?

etherum?

wait, let me guess:

MUSE!!!

OK, it makes sense now. ... In that case, I have to disclose that I traded, sorry, SOLD some BTS too recently

 

[jsidhu]

Its about to explode now any time heh.. Might make u kick urself

[Marketorder]

Because for the past 4 months I've been watching my investment tank. I'm very relieved and very happy I made this decision. Thiers allot of bickering and arguing that goes on here which was a turn off. Also charging $100 to become an affiliate is ridiculous, if you want ANY company or entity to succeed you simply don't charge people to promote your product or service!  To me Bitshares is a money making scheme for the founders and nothing else, while there out bowling and having pizza parties from all the millions in fees collected us investors are losing tremendous amounts of money.

If Bitshares wants to succeed you MUST Lower Fees, allow Everyone to spread the word without having to pay a $100 fine for doing so, make Bitshares more private and secure, make the platform more friendly to app developers who want to build on your platform.

In the future if this community gets there shit together I might buy back in, but in the meantime I'll stay on the side lines. 

why should you want to tell us this?

good luck and maybe you can join later on.

[btswildpig]

Me too me too!

"I hereby state for the public record and to all tax collectors that I have sold 95% of all my cryptocurrency, at a huge loss, but don't worry, because I will not be claiming this loss on my taxes, and the other 5% of my crypto was lost in a boating accident (when my paper wallet got wet).

But I will still hang around here religiously because no other coin community is giving weekly updates that blow my mind every time."

actually there is .
there is a coin in China call horse coin ,give daily update , haha

[Shentist]

why should you want to tell us this?

good luck and maybe you can join later on.

[puppies]

Me too me too!

"I hereby state for the public record and to all tax collectors that I have sold 95% of all my cryptocurrency, at a huge loss, but don't worry, because I will not be claiming this loss on my taxes, and the other 5% of my crypto was lost in a boating accident (when my paper wallet got wet).

But I will still hang around here religiously because no other coin community is giving weekly updates that blow my mind every time."

Oh my God.  Exact same thing happened to me.

[jsidhu]

Thanks

[BunkerChainLabs-DataSecurityNode]

I was thinking about helping promote Bitshares

...

I just sold off all of my Bitshares

Hahaha 

[giant middle finger]

Me too me too!

"I hereby state for the public record and to all tax collectors that I have sold 95% of all my cryptocurrency, at a huge loss, but don't worry, because I will not be claiming this loss on my taxes, and the other 5% of my crypto was lost in a boating accident (when my paper wallet got wet).

But I will still hang around here religiously because no other coin community is giving weekly updates that blow my mind every time."

[bitacer]

Welcome to whoever bought all those shares ...

[Tuck Fheman]

I was thinking about helping promote Bitshares

...

I just sold off all of my Bitshares

[coolexpress]

I just sold off all of my Bitshares which is thousands of dollars worth. I waited months and months for Bitshares to put me into profit and all it has done has had me lose money like crazy. With my luck shortly after I sell my Bitshares the market will rise substantially. I believe that my bad luck of holding Bitshares has kept the price down for the past 4 months. Now Bitshares shall rise again because I just sold my shares!

no full no empty

[Marketorder]

I just sold off all of my Bitshares which is thousands of dollars worth. I waited months and months for Bitshares to put me into profit and all it has done has had me lose money like crazy. With my luck shortly after I sell my Bitshares the market will rise substantially. I believe that my bad luck of holding Bitshares has kept the price down for the past 4 months. Now Bitshares shall rise again because I just sold my shares!