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Topic: Bitshares-PTS to double/triple in price in the next 45 days!!? (Read 15263 times)

legendary
Activity: 1138
Merit: 1001
Took the plunge today with a small amount.

Not expecting a doubling or tripling of price in the next 45 days though. Looking for an increase of price over time plus the benefit of automatic shares in upcoming DAC launches.

Yeah the 45 days expired mid August, but I was anticipating at the time a couple of snapshots which only took place today.

While I keep some PTS to get shares in the DAC's. I also moved some BTC into PTS just for a trade.

I was very happy with the trade though. Because I bought for 0.0067 & sold @ 85. So while all the alts were taking a dive and in a bloodbath, PTS held up well and rose for me 30%+ vs. Bitcoin. Had the situation been different for alts last week I think we could of seen PTS out-perform and get to the doubling level, I'd anticipated. (They did hit 0.0099 a few days ago on bter but I didn't get to sell at that price myself)

You should expect a fall in PTS price tomorrow as shares in the DNS DAC and Vote DAC are being snapshotted off PTS today I think.

full member
Activity: 135
Merit: 100
Quote
Not expecting a doubling or tripling of price in the next 45 days though

You will be surprised my friend! Smiley
newbie
Activity: 5
Merit: 0
Took the plunge today with a small amount.

Not expecting a doubling or tripling of price in the next 45 days though. Looking for an increase of price over time plus the benefit of automatic shares in upcoming DAC launches.
legendary
Activity: 1764
Merit: 1018
Hey testz,  Smiley
I really appreciate the help and info, I'll be sure to take your advice and check in chat for some clarification.  Also will be sure to checkout that link when I get a chance because I'm not sure if I have till the end of the 21 or what..  Thanks for the help again,cheers !  Smiley

edit: for all those like me who are wondering..  I just asked in the polo chat and they will be issuing the DAC's to users that buy PTS at POLO

Welcome.  Smiley
Join the forum https://bitsharestalk.org, you see interesting discussions and will know a lot of information about all cryptos (not copy/pasta coins).

Update: Forums voting results: https://bitcointalksearch.org/topic/what-forums-chats-boards-do-you-use-738375
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Hey testz,  Smiley
I really appreciate the help and info, I'll be sure to take your advice and check in chat for some clarification.  Also will be sure to checkout that link when I get a chance because I'm not sure if I have till the end of the 21 or what..  Thanks for the help again,cheers !  Smiley

edit: for all those like me who are wondering..  I just asked in the polo chat and they will be issuing the DAC's to users that buy PTS at POLO
legendary
Activity: 1764
Merit: 1018

How does the DAC's get destributed?  Do I need to have a certain amount to get them?  I'm holding coins on Polo at the moment and wasn't sure if I needed the wallet so hopefully they will be able to make it work so I get the DAC's without an issue..  Going to have to ask the staff in chat but if anybody has any info on this topic I'd really appreciate it.  I'm kinda busy today and don't have a bunch of time to find all info, thanks.  Smiley

Better if you double check this in the Polo chat, meanwhile we have only this info:
https://bitsharestalk.org/index.php?topic=7068.msg94715#msg94715
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Hellow Fellow Bitshare Familey!!!

I'm supper new to this and Just Discovered Bitshares and got some BitsharesX last week. Today I'm reading about this thing on the 21 and the PTS.... What is your opinions on the smartest rought for a small investor. Should I continue putting money into BitsharesX every paycheck or Get in on the PTS?

Also I need to Purchase a new computer so if my BitsharesX and PTS are temporarily stored in a trading site do I still get the same Beniffits.  I have seen posts Stating if your holding shares in your Wallet just wanted to make sure I didn't miss out by not having my personal wallet established?

Thanks So Much!!

Hi FireSquirrel

Ideally you want to hold anything you have in a wallet in case a trading site gets hacked or something.
I think both BTC38 will honour the snapshot and I think bter will too. (Meaning if you have your PTS on bter on 21st they should honour you with the shares you deserve.) However hopefully someone else can confirm that.

I'm not sure which one is better, I would probably lean towards more in BTSX as they're about to release some cool stuff. (BitUSD - the first time you will be able to hold something resembling the value of dollar in a decentralised way.)

At the same time the snapshots are just around the corner and I have just read Ethereum is considering using DPOS by BitShares and will honour PTS if they do, so it's tough! (Holding PTS on the 21st will get you a share in some cool DAC's and at Ethereum may honour PTS too at a later stage it seems (but not on 21st obv)...) https://bitsharestalk.org/index.php?topic=6990.0

How does the DAC's get destributed?  Do I need to have a certain amount to get them, if I have more is that better?  I'm holding coins on Polo at the moment and wasn't sure if I needed the wallet so hopefully they will be able to make it work so I get the DAC's without an issue..  Going to have to ask the staff in chat but if anybody has any info on this topic I'd really appreciate it.  I'm kinda busy today and don't have a bunch of time to find all info, thanks.  Smiley
hero member
Activity: 547
Merit: 502
Step 1: make or buy an alt
Step 2: tell everyone it is cool and that the price is about to go up and they better not miss it
Step 3: Sell
Step 4: become rich

What does that have to do with PTS?  PTS is not an alt coin, its used as an investment vehicle.  Interesting to see if people will hold PTS through the snapshot or simply purchase DNS and Vote DACs afterwards.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Step 1: make or buy an alt
Step 2: tell everyone it is cool and that the price is about to go up and they better not miss it
Step 3: Sell
Step 4: become rich
hero member
Activity: 547
Merit: 502
PTS price dropping a bit before snapshot?  because of BTC dropping? or weak hands in PTS selling?

My guess is a little of both

A lot of sell depth has been added to Cryptsy.  This would make great for someone holding BTC to just scoop it up cheap and sell after the snapshot?
newbie
Activity: 15
Merit: 0
PTS price dropping a bit before snapshot?  because of BTC dropping? or weak hands in PTS selling?

My guess is a little of both
legendary
Activity: 1008
Merit: 1000
so right now?
- PTS is going up till 21 august. after that it will fall. You can also wait for the both new projects to get traded (bitshares DNS and bitshares vote) so you could choose which project do you like more.

I think its better to try and get PTS after the snapshot. Both the projects doesn't seem too profit making to me.
Maybe get them as low as below 0.005 BTC per PTS, one can hope.
full member
Activity: 150
Merit: 100
Hellow Fellow Bitshare Familey!!!

I'm supper new to this and Just Discovered Bitshares and got some BitsharesX last week. Today I'm reading about this thing on the 21 and the PTS.... What is your opinions on the smartest rought for a small investor. Should I continue putting money into BitsharesX every paycheck or Get in on the PTS?

Also I need to Purchase a new computer so if my BitsharesX and PTS are temporarily stored in a trading site do I still get the same Beniffits.  I have seen posts Stating if your holding shares in your Wallet just wanted to make sure I didn't miss out by not having my personal wallet established?

Thanks So Much!!

cost averaging is anytime a good solution http://en.wikipedia.org/wiki/Dollar_cost_averaging

in the long run you have not to try to pick the best point.

so right now?
- PTS is going up till 21 august. after that it will fall. You can also wait for the both new projects to get traded (bitshares DNS and bitshares vote) so you could choose which project do you like more.

sr. member
Activity: 256
Merit: 250
BitShares X and PTS are going up even in this terrible weather with bitcoin doing poorly and NXT getting stolen,

To see why BitShares PTS is rising, visit this thread.

As for why BitShares X is rising, I think it is just because people realize it is awesome!
legendary
Activity: 1146
Merit: 1000
lucky for PTS sellers on BTER all the way up to .0099
hero member
Activity: 547
Merit: 502
This could also be great for PTS holders... Exciting times are upon us.

https://bitcointalksearch.org/topic/m.8369366
legendary
Activity: 1138
Merit: 1001
Hellow Fellow Bitshare Familey!!!

I'm supper new to this and Just Discovered Bitshares and got some BitsharesX last week. Today I'm reading about this thing on the 21 and the PTS.... What is your opinions on the smartest rought for a small investor. Should I continue putting money into BitsharesX every paycheck or Get in on the PTS?

Also I need to Purchase a new computer so if my BitsharesX and PTS are temporarily stored in a trading site do I still get the same Beniffits.  I have seen posts Stating if your holding shares in your Wallet just wanted to make sure I didn't miss out by not having my personal wallet established?

Thanks So Much!!

Hi FireSquirrel

Ideally you want to hold anything you have in a wallet in case a trading site gets hacked or something.
I think both BTC38 will honour the snapshot and I think bter will too. (Meaning if you have your PTS on bter on 21st they should honour you with the shares you deserve.) However hopefully someone else can confirm that.

I'm not sure which one is better, I would probably lean towards more in BTSX as they're about to release some cool stuff. (BitUSD - the first time you will be able to hold something resembling the value of dollar in a decentralised way.)

At the same time the snapshots are just around the corner and I have just read Ethereum is considering using DPOS by BitShares and will honour PTS if they do, so it's tough! (Holding PTS on the 21st will get you a share in some cool DAC's and at Ethereum may honour PTS too at a later stage it seems (but not on 21st obv)...) https://bitsharestalk.org/index.php?topic=6990.0
newbie
Activity: 6
Merit: 0
Hellow Fellow Bitshare Familey!!!

I'm supper new to this and Just Discovered Bitshares and got some BitsharesX last week. Today I'm reading about this thing on the 21 and the PTS.... What is your opinions on the smartest rought for a small investor. Should I continue putting money into BitsharesX every paycheck or Get in on the PTS?

Also I need to Purchase a new computer so if my BitsharesX and PTS are temporarily stored in a trading site do I still get the same Beniffits.  I have seen posts Stating if your holding shares in your Wallet just wanted to make sure I didn't miss out by not having my personal wallet established?

Thanks So Much!!
member
Activity: 76
Merit: 10
I wouldn't own any coins right now. Altcoins are taking a beating.

Surely that's the best time to own alts? Provided you buy smart, and play the waiting game. Pick the right coins, and you could profit handsomely. The problem is sifting the gems out of the wasteland that is the alt crypto scene.

I believe this thread is about one of the best available gems out there, imo.
newbie
Activity: 9
Merit: 0
I am super excited about the btsx thing and all the new dacs coming out. I actually mined my pts and can't wait to see what the future holds for bitshares.
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