Author Topic: About the price of BitsharesX and NXT (not market cap)  (Read 1620 times)

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Offline Cryptomaniac

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Never give up! Never!!!

Offline eagleeye

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"Fighting for one's freedom, struggling towards being free, is like struggling to be a poet or a good Christian or a good Jew or a good Muslim or good Zen Buddhist. You work all day long and achieve some kind of level of success by nightfall, go to sleep and wake up the next morning with the job still to be done. So you start all over again."
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Offline eagleeye

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The market believes we are NXT that is why even though we have double the units and market cap, we trade at the same price.

Somehow people have not switched over yet, maybe because we are new, maybe because they believe there could be an attack like with mtgox (I know that was an exchange but people are scared of cryptocurrency).  But this is developed in C++, it might have bugs or be hackable (im not a programmer)

What is the teams budget? (Do not do wide scale mass expansion in terms of advertising and hiring people unless the company team has over $10 - $20 million dollars.  Slow the burn rate.

We need to worry about NXT if both of the prices of BTSX and NXT are hovering the same for the moment.

NXT has scouts and if effective is doing their recon right now on us.  I do not believe they are, as they have to many forums and are distracted.