Trading BitShares for fiat is great.
What an endorsement!
Hey, everybody, trade your BitShares for fiat. Now.
Topic: Bitshares Community proposes Ethereum merger realizing they arent good enough (Read 1145 times)
January 09, 2015, 11:23:49 AM
What an endorsement!
Hey, everybody, trade your BitShares for fiat. Now.
January 09, 2015, 09:49:11 AM
Trading BitShares for fiat is great. You get better pricing than at the exchanges if you are patient (because shorts are forced to cover every 30 days in order to provide liquidity), but you have to be much more patient when trading Bitcoin for fiat compared to MtGox liquidity. It is more like Coinbase right now (the spreads are high so day-trading is difficult)(more like week-trading currently).
Right now it is great for the mid to long term investor, but BitShares vs fiat is day-tradable if you only make one to two trades a day.
The biggest problem currently is that the price of BitShares has been stable for 2 months, so the volatility is almost zero.
Basically we are trading around shorts who are forced to cover every 30 days while we wait for more pissed off GoxStamped traders to migrate. I love trading, but I hate hearing about Gox/BitStamp heists every month (those are the worst trades).
So given the current options, I'll risk low volume/volatility over worrying about getting Goxed
Right now it is great for the mid to long term investor, but BitShares vs fiat is day-tradable if you only make one to two trades a day.
The biggest problem currently is that the price of BitShares has been stable for 2 months, so the volatility is almost zero.
Basically we are trading around shorts who are forced to cover every 30 days while we wait for more pissed off GoxStamped traders to migrate. I love trading, but I hate hearing about Gox/BitStamp heists every month (those are the worst trades).
So given the current options, I'll risk low volume/volatility over worrying about getting Goxed
January 09, 2015, 09:02:26 AM
hows the volume?
January 09, 2015, 08:37:02 AM
I'm trading Bitcoins for dollars right now like BitStamp and MtGox on the Ethereum blockchain without any counterparty risk of Mark Kerfuffle stealing my coins whatsoever!
uhhh..I mean "BitShares" blockchain...
uhhh..I mean "BitShares" blockchain...
January 09, 2015, 04:08:38 AM
I like the idea
let's cross post all topics from https://bitsharestalk.org to BTT, readers of BTT should know everything about BitShares and BitShares community. January 09, 2015, 02:17:25 AM
Ethereum is about to mop the floor with alts.
I expect it to be #2 within a few months of coming out. Their development is beyond anything the alt scene has seen and their method of raising money and actually using it for development (vs finding some way to scam it out) will leave the half scam half dev coins in the dust. Their protocol is a big enough leap in time saving it will leave any of the current 2.0 projects that don't adopt it in the dust.
Guess I should've invested. Their fund raising was almost criminal by selling the 4 year pre-mine. They talk nice about other projects (and play nice) - but their development, resources backing them, and strategy is a take no prisoners operation.
I expect it to be #2 within a few months of coming out. Their development is beyond anything the alt scene has seen and their method of raising money and actually using it for development (vs finding some way to scam it out) will leave the half scam half dev coins in the dust. Their protocol is a big enough leap in time saving it will leave any of the current 2.0 projects that don't adopt it in the dust.
Guess I should've invested. Their fund raising was almost criminal by selling the 4 year pre-mine. They talk nice about other projects (and play nice) - but their development, resources backing them, and strategy is a take no prisoners operation.
true. i am excited about ethereum as well.
January 09, 2015, 12:37:18 AM
Ethereum is about to mop the floor with alts.
I expect it to be #2 within a few months of coming out. Their development is beyond anything the alt scene has seen and their method of raising money and actually using it for development (vs finding some way to scam it out) will leave the half scam half dev coins in the dust. Their protocol is a big enough leap in time saving it will leave any of the current 2.0 projects that don't adopt it in the dust.
Guess I should've invested. Their fund raising was almost criminal by selling the 4 year pre-mine. They talk nice about other projects (and play nice) - but their development, resources backing them, and strategy is a take no prisoners operation.
I expect it to be #2 within a few months of coming out. Their development is beyond anything the alt scene has seen and their method of raising money and actually using it for development (vs finding some way to scam it out) will leave the half scam half dev coins in the dust. Their protocol is a big enough leap in time saving it will leave any of the current 2.0 projects that don't adopt it in the dust.
Guess I should've invested. Their fund raising was almost criminal by selling the 4 year pre-mine. They talk nice about other projects (and play nice) - but their development, resources backing them, and strategy is a take no prisoners operation.
January 08, 2015, 10:14:20 PM
that proposal/thread does not represent what the bitshares community wants.
from the thread:
the thread starter is making a fool of himself: https://bitsharestalk.org/index.php?topic=13058.0
from the thread:
Quote
This is just a thought experiment/grand scheme of world domination. Not meant to be taken too seriously.
the thread starter is making a fool of himself: https://bitsharestalk.org/index.php?topic=13058.0
January 08, 2015, 09:56:41 PM
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