Author Topic: Why is Bitshares rising in price?  (Read 2709 times)

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Offline Marketorder

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Why is Bitshares rising in price?
« on: June 29, 2016, 08:23:05 am »
I left Bitshares months ago and took a huge loss when they announced the pyramid scheme membership thing and pretty much since then Bitshares has been declining in popularity and price. Why all of a sudden is the price going up? Did they decide to get ride of that lame membership model and promoting pyramid scheme which will never work?  Sorry my post is negative but I'm just telling people how most people view Bitshares after 2.0 came out   

Any thoughts on the price jump recently?

Offline btswildpig

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Re: Why is Bitshares rising in price?
« Reply #1 on: June 29, 2016, 08:44:13 am »
the referral program is stupid .
However , it's not a pyramid scheme if the layer of that scheme is less than 2 (there is a rule somewhere in the law ) .

So the referral program is not a pyramid scheme . It's just a social promotion tool .

And it hasn't been get rid off yet .

And the price drop was no way related to whatever pyramid scheme you were talking about .

And the final answer is related to the gold question in stock market : why the share price always rises after I sold /  Why it drop after I brought it .

Lol
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

Offline yvv

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Re: Why is Bitshares rising in price?
« Reply #2 on: June 29, 2016, 01:00:02 pm »
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Why is Bitshares rising in price?

Pump. Wait for dump.

This referral program is shit.


Offline chryspano

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Re: Why is Bitshares rising in price?
« Reply #3 on: June 29, 2016, 01:20:12 pm »
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Why is Bitshares rising in price?

Malicious buyers!   :D

Offline speedy

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Re: Why is Bitshares rising in price?
« Reply #4 on: June 29, 2016, 09:16:03 pm »
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Why is Bitshares rising in price?

Because BitShares is awesome, and CCEDK is announcing on July 1st their relaunched frontend based off BitShares (I think).

Plus check out the blockchain's increasing transaction rates (turn on limit & cancel orders):
cryptofresh.com/charts

We are making record daily transaction counts and starting to achieve real traction.

Sucks to be you for doubting BitShares.

Offline BunkerChainLabs-DataSecurityNode

Re: Why is Bitshares rising in price?
« Reply #5 on: June 29, 2016, 10:08:55 pm »
Quote
Why is Bitshares rising in price?

Because BitShares is awesome, and CCEDK is announcing on July 1st their relaunched frontend based off BitShares (I think).

Plus check out the blockchain's increasing transaction rates (turn on limit & cancel orders):
cryptofresh.com/charts

We are making record daily transaction counts and starting to achieve real traction.

Sucks to be you for doubting BitShares.

Could be something else actually.. which is also being announced July 1st.
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Offline ag

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Re: Why is Bitshares rising in price?
« Reply #6 on: June 29, 2016, 11:08:05 pm »
I didn't think it's hard to predict. every couple months...
« Last Edit: June 29, 2016, 11:11:28 pm by ag »

Offline lil_jay890

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Re: Why is Bitshares rising in price?
« Reply #7 on: June 29, 2016, 11:53:10 pm »
I didn't think it's hard to predict. every couple months...


Only ing bullish about this one is that it didn't go all the way back to the lows... Maybe it can finally make a real move higher

Offline btswildpig

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Re: Why is Bitshares rising in price?
« Reply #8 on: June 30, 2016, 01:23:43 am »
Quote
Why is Bitshares rising in price?

Because BitShares is awesome, and CCEDK is announcing on July 1st their relaunched frontend based off BitShares (I think).

Plus check out the blockchain's increasing transaction rates (turn on limit & cancel orders):
cryptofresh.com/charts

We are making record daily transaction counts and starting to achieve real traction.

Sucks to be you for doubting BitShares.

Could be something else actually.. which is also being announced July 1st.

lol , really ?
I'll say BS to whatever being announce at july 1st . 
But , in case it really has anything remotely related to this pump , it screams "insider trading" .

Again , I'll say BS to whatever being announce at july 1st . 
Taking credit for past pump with future events now ? 
 :P
« Last Edit: June 30, 2016, 01:33:49 am by btswildpig »
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

Offline btswildpig

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Re: Why is Bitshares rising in price?
« Reply #9 on: June 30, 2016, 01:34:37 am »
I didn't think it's hard to predict. every couple months...


It's a copy and paste technique . All they have to do is copy the code in the bot and paste again   :P :P
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

Offline mint chocolate chip

Re: Why is Bitshares rising in price?
« Reply #10 on: June 30, 2016, 03:09:39 am »
Probably had to do with the Ripple news, for whatever that is worth.

Offline ag

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Re: Why is Bitshares rising in price?
« Reply #11 on: June 30, 2016, 03:13:12 am »
The market never goes anywhere, so why does it move at all, I wonder.

Offline Erlich Bachman

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Re: Why is Bitshares rising in price?
« Reply #12 on: June 30, 2016, 03:39:04 am »
Who cares.

bitUSD price still unchanged.

People here care more about their money than about our technology, and that is the main reason why you are unhappy with the share price.
You own the network, but who pays for development?

Offline xeroc

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Re: Why is Bitshares rising in price?
« Reply #13 on: June 30, 2016, 05:56:09 am »
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline KenMonkey

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Re: Why is Bitshares rising in price?
« Reply #14 on: June 30, 2016, 06:01:43 am »
Who cares.

bitUSD price still unchanged.

People here care more about their money than about our technology, and that is the main reason why you are unhappy with the share price.

Where else can you buy Gold, Silver, or short the USD for tiny trading fees, with great security, 1.5 second confirmations on a blockchain, no front-running, all done in the nude?
Bitshares is great and the referal program really is fine, someone has to pay to register account names on the blockchain and they need to be well incentivized. Definitely not a pyramid scheme.