Topic: BitShares - why has it dropped like a rock - page 3. (Read 3376 times)
it is as every time. there is a big new coming up for a coin and the price goes up. then tech comes out and a big dump happens. you can see this pattern for a bunch of various coins out there.
this guy / coin is linked to Protoshares (PTS)
so i have a problem with this.. not just because it's a heap of crap technically
but because of the track record of the dev.. he thinks he is squeaky clean around here
but i busted him open like a can of Apple Sauce way back LOL
The guy that made Memory coin (which is full of scammy antics)
Launched PTS (Protoshares) ..when he posted an ANN topic i kept asking..
So what are you going to do about Memory Coin ?
I was ignored at first, blatantly which is dumb because it's a fair question if some "Dev" keeps rolling out coins..
So after 10 pages on the ANN of NOBODY caring at all about the dev's track record or even asking any questions
aside from "where is the windows QT ?"
i ended up getting a pseudo professional crafted response from dev man and attacked from his shills and dummy accounts
(Note: Dev's wised up long ago and realized you should create 100 spare accounts for flaming on Bitcointalk to avoid being held responsible)
He kept playing dumb and then i kept getting attacked for a while then out of the blue.. he pulled a stunt that really threw me for a loop..
He promptly edited the topic ANN title to say something like [From Invictus-Innovations Inc.]
then FreeTrade the memorycoin dev posted back to me on the PTS topic that he had nothing to do with making the coin at all
the only thing he did was post the topic he said LOL
So believe him ?
Why would that info be absent 101% on launch for the first 10 or 15 pages ?
Why was there never EVER any mention of this company until i pushed for an answer ?
Seemed a mighty convenient way to distance himself from a bad track record and get a clean slate now don't ya think guys ? ahahhah
I think he lied.. straight up !
I don't believe that crap for one second.. YOU all apparently did (or never bothered to read the first few pages of the ANN topic)
Hey.. i know your all busy why read ANY part of the ANN topic right ? Your busy.. where is teh damn Windows QT !!!11111ONE liek OMG!
so..
From that point on he is clearly linked to ALL this Bitshares crap..
and WOW good god is he persistent LOL
I watched him push that crap here non stop 24/7 for a couple years.. that is dedication to a scam guys AHHAHAH
You know guys there is no one to fault but yourselves if you get burned because information is posted publicly as a warning for all to see.
All you have to is.. DO YOUR HOMEWORK (before spending your money on ponzi tokens)
But wait.. sorry i forgot you guys don't care if something is scammy because you will say..
But, but, but i made 6 Bitcoin on Scam Coin v2.0
and i know that because old members in the scene said that to me endlessly on Chat box's last few years.
You guys actually admit it LOL
You support scammers so you can make money ? then i hope you guys lose your money in the end..
People like that are a cancer to crypto.. the greedy selfish ponzi coin buyers and their pushers.
And you guys will lose your money in the end too.. they will let ya make a few bucks so they can take it all later..
A classic scam ploy..
They are smarter than you greedy crap coin buyers and they have their own set of rules in crypto.
YOU WILL LOSE THE GAME ..trust me
ANd don't even get me started on MemoryCoin
so i have a problem with this.. not just because it's a heap of crap technically
but because of the track record of the dev.. he thinks he is squeaky clean around here
but i busted him open like a can of Apple Sauce way back LOL
The guy that made Memory coin (which is full of scammy antics)
Launched PTS (Protoshares) ..when he posted an ANN topic i kept asking..
So what are you going to do about Memory Coin ?
I was ignored at first, blatantly which is dumb because it's a fair question if some "Dev" keeps rolling out coins..
So after 10 pages on the ANN of NOBODY caring at all about the dev's track record or even asking any questions
aside from "where is the windows QT ?"
i ended up getting a pseudo professional crafted response from dev man and attacked from his shills and dummy accounts
(Note: Dev's wised up long ago and realized you should create 100 spare accounts for flaming on Bitcointalk to avoid being held responsible)
He kept playing dumb and then i kept getting attacked for a while then out of the blue.. he pulled a stunt that really threw me for a loop..
He promptly edited the topic ANN title to say something like [From Invictus-Innovations Inc.]
then FreeTrade the memorycoin dev posted back to me on the PTS topic that he had nothing to do with making the coin at all
the only thing he did was post the topic he said LOL
So believe him ?
Why would that info be absent 101% on launch for the first 10 or 15 pages ?
Why was there never EVER any mention of this company until i pushed for an answer ?
Seemed a mighty convenient way to distance himself from a bad track record and get a clean slate now don't ya think guys ? ahahhah
I think he lied.. straight up !
I don't believe that crap for one second.. YOU all apparently did (or never bothered to read the first few pages of the ANN topic)
Hey.. i know your all busy why read ANY part of the ANN topic right ? Your busy.. where is teh damn Windows QT !!!11111ONE liek OMG!
so..
From that point on he is clearly linked to ALL this Bitshares crap..
and WOW good god is he persistent LOL
I watched him push that crap here non stop 24/7 for a couple years.. that is dedication to a scam guys AHHAHAH
You know guys there is no one to fault but yourselves if you get burned because information is posted publicly as a warning for all to see.
All you have to is.. DO YOUR HOMEWORK (before spending your money on ponzi tokens)
But wait.. sorry i forgot you guys don't care if something is scammy because you will say..
But, but, but i made 6 Bitcoin on Scam Coin v2.0
and i know that because old members in the scene said that to me endlessly on Chat box's last few years.
You guys actually admit it LOL
You support scammers so you can make money ? then i hope you guys lose your money in the end..
People like that are a cancer to crypto.. the greedy selfish ponzi coin buyers and their pushers.
And you guys will lose your money in the end too.. they will let ya make a few bucks so they can take it all later..
A classic scam ploy..
They are smarter than you greedy crap coin buyers and they have their own set of rules in crypto.
YOU WILL LOSE THE GAME ..trust me
ANd don't even get me started on MemoryCoin
(1) margins called
(2) BTC rise
(3) shakey release
(4) poor UI / not intuitive to use
(5) philosophically, very complex to the average guy or gal
(6) sharks that don't give a fuck about tech, and will eat you
I'm almost about to cut the losses as BTC will be growing over the next 4 months, I'm usually wrong so you should buy, hold, sell or do nothing.
(2) BTC rise
(3) shakey release
(4) poor UI / not intuitive to use
(5) philosophically, very complex to the average guy or gal
(6) sharks that don't give a fuck about tech, and will eat you
I'm almost about to cut the losses as BTC will be growing over the next 4 months, I'm usually wrong so you should buy, hold, sell or do nothing.
#5 especially. This is going to take awhile for people to comprehend all the ins and outs. Much more in depth compared with btc's simple wallet of sending and receiving. Ability to have exchanges order books built into the BTS ecosystem, crazy. Market pegged assets, UIA, referral system, witnesses, workers, hosted wallets, lite wallets, information overload.
Getting into BTS and holding some now is not a bad idea. Trading volume is decent thus you could always get out of your position later on.
is there any coin that havent dropped? no.
Spoken like a true bagholder.
Agreed all but bitcoins always fails :/
Didn't say that. But ok...
is there any coin that havent dropped? no.
Spoken like a true bagholder.
Agreed all but bitcoins always fails :/
(1) margins called
(2) BTC rise
(3) shakey release
(4) poor UI / not intuitive to use
(5) philosophically, very complex to the average guy or gal
(6) sharks that don't give a fuck about tech, and will eat you
I'm almost about to cut the losses as BTC will be growing over the next 4 months, I'm usually wrong so you should buy, hold, sell or do nothing.
(2) BTC rise
(3) shakey release
(4) poor UI / not intuitive to use
(5) philosophically, very complex to the average guy or gal
(6) sharks that don't give a fuck about tech, and will eat you
I'm almost about to cut the losses as BTC will be growing over the next 4 months, I'm usually wrong so you should buy, hold, sell or do nothing.
is there any coin that havent dropped? no.
Spoken like a true bagholder.
Which is why I had to exit BTS while I was still up in profit.
Meself, I sold half but kept half. (sigh.)
Just out of curiosity, I dont own any Bitshares, but could someone please give a reason why the price has been dropping so fast?
Is it just the hype of the release then everone sold or is there something more sinister at play?
Thanks.
Is it just the hype of the release then everone sold or is there something more sinister at play?
Thanks.
I think that's about they fussing about graphene and hyperbolic speed for bitshares 2.0, that was simply not true.
Yep, just like a halving. "Pump on the PRE-ANN, dump on the ANN."
Just the typical highly manipulated altcoin market multiplied by a factor of 10 because Bologniex allows leverage longs and shorts. There's a group of Asians with around 500 btc who are always constantly pumping or shorting it and when they do, they remove or add 200+ btc buy support to the walls at the same time. When they remove 200btc buy support, market usually just instantly crashes. Pretty much any coin on Poloniex is a complete fugazi due to stuff like this. They never should have added leveraged trading because none of these coins have liquidity to support it.
So that short squeeze turned into a successful bear raid. So it goes in the altcoin jungle...
Just the typical highly manipulated altcoin market multiplied by a factor of 10 because Bologniex allows leverage longs and shorts. There's a group of Asians with around 500 btc who are always constantly pumping or shorting it and when they do, they remove or add 200+ btc buy support to the walls at the same time. When they remove 200btc buy support, market usually just instantly crashes. Pretty much any coin on Poloniex is a complete fugazi due to stuff like this. They never should have added leveraged trading because none of these coins have liquidity to support it.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
So would you advice people to buy and invest in BTS?
Buying for investing, yes.
Buying with margin, no.
lol. k...
I'm watching polo all the time, and this is exactly what is happening. It's not only BTS, it's any coin with volume. The trolls on Polo are a bunch of guys who play poker together all the time and know each others moves. Throw TA out the window, and learn troll-speak, or just hodl and hope your coin breaks free of the manipulators. As it stands... margin trading will give an opportunity for a move or two up, based on whatever the news is about, but a lot more opportunities will be on the way down. Bleeding the remaining hold outs, or believers. Has anything really changed from the miners, devs, or early adopters dumping?
Which is why I had to exit BTS while I was still up in profit. It was far too risky to stay in with all these clowns trying to manipulate with 500-1000btc in their pockets adding then removing 200+ btc staggered walls constantly. Then when the staggered buy walls are removed and buy side drops in half or less, immediately a ton of staggered shorts pop up on sell side with coins they don't even own and just pay some miniscule interest for to manipulate. Poloniex claims they are "anti-manipulation" lol. Margin in illiquid markets serves zero purpose other than to manipulate. Every coin on that exchange with margin enabled is a death trap.
Just the typical highly manipulated altcoin market multiplied by a factor of 10 because Bologniex allows leverage longs and shorts. There's a group of Asians with around 500 btc who are always constantly pumping or shorting it and when they do, they remove or add 200+ btc buy support to the walls at the same time. When they remove 200btc buy support, market usually just instantly crashes. Pretty much any coin on Poloniex is a complete fugazi due to stuff like this. They never should have added leveraged trading because none of these coins have liquidity to support it.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
I'm watching polo all the time, and this is exactly what is happening. It's not only BTS, it's any coin with volume. The trolls on Polo are a bunch of guys who play poker together all the time and know each others moves. Throw TA out the window, and learn troll-speak, or just hodl and hope your coin breaks free of the manipulators. As it stands... margin trading will give an opportunity for a move or two up, based on whatever the news is about, but a lot more opportunities will be on the way down. Bleeding the remaining hold outs, or believers. Has anything really changed from the miners, devs, or early adopters dumping?
We here at bitchshares are proud to announce
Applesauce points.
What are applesauce points? They bring that woo woo [ thank you bubbrubb] back into crypto. Applesauce points are given out by ME to people that make awesome comments on btt.
Expect applesauce points to be merged into bts3.0
Now, who wants some applesauce points?
Roach Im tossing a ten pack in your direction.
And then of course, there is this:
https://bitsharestalk.org/index.php/topic,17354.0.html
[translation:]
How dare those impertinent imbeciles not follow our most generously timed proclamations!!
NO BROWNIE POINTS!!!
Meaning that Bitshares is nothing but an inherently flawed corporate token that is peddled by a bunch of really arrogant elitists.
In the Bitschares design, there are delegates, and there are lesser participants.
Which begs the question: Who are these anointed ones? And who anoints them?
Applesauce points.
What are applesauce points? They bring that woo woo [ thank you bubbrubb] back into crypto. Applesauce points are given out by ME to people that make awesome comments on btt.
Expect applesauce points to be merged into bts3.0
Now, who wants some applesauce points?
Roach Im tossing a ten pack in your direction.
And then of course, there is this:
https://bitsharestalk.org/index.php/topic,17354.0.html
I did not contact that particular exchange individually.
We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.
We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.
[translation:]
How dare those impertinent imbeciles not follow our most generously timed proclamations!!
NO BROWNIE POINTS!!!
Meaning that Bitshares is nothing but an inherently flawed corporate token that is peddled by a bunch of really arrogant elitists.
In the Bitschares design, there are delegates, and there are lesser participants.
Which begs the question: Who are these anointed ones? And who anoints them?
is there any coin that havent dropped? no.
crap launched and supported by clowns who are taking your money.
don't be low hanging fruit (AKA: a bag holder)
don't be low hanging fruit (AKA: a bag holder)
Just the typical highly manipulated altcoin market multiplied by a factor of 10 because Bologniex allows leverage longs and shorts. There's a group of Asians with around 500 btc who are always constantly pumping or shorting it and when they do, they remove or add 200+ btc buy support to the walls at the same time. When they remove 200btc buy support, market usually just instantly crashes. Pretty much any coin on Poloniex is a complete fugazi due to stuff like this. They never should have added leveraged trading because none of these coins have liquidity to support it.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
So would you advice people to buy and invest in BTS?
Buying for investing, yes.
Buying with margin, no.
Just the typical highly manipulated altcoin market multiplied by a factor of 10 because Bologniex allows leverage longs and shorts. There's a group of Asians with around 500 btc who are always constantly pumping or shorting it and when they do, they remove or add 200+ btc buy support to the walls at the same time. When they remove 200btc buy support, market usually just instantly crashes. Pretty much any coin on Poloniex is a complete fugazi due to stuff like this. They never should have added leveraged trading because none of these coins have liquidity to support it.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase liquidity, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
So would you advice people to buy and invest in BTS?
And then of course, there is this:
https://bitsharestalk.org/index.php/topic,17354.0.html
I did not contact that particular exchange individually.
We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.
We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.
[translation:]
How dare those impertinent imbeciles not follow our most generously timed proclamations!!
NO BROWNIE POINTS!!!
Meaning that Bitshares is nothing but an inherently flawed corporate token that is peddled by a bunch of really arrogant elitists.
In the Bitschares design, there are delegates, and there are lesser participants.
Which begs the question: Who are these anointed ones? And who anoints them?
Its just market - enjoy the roller coaster. It will recover soon enough, that what whales do.
Personally I have stopped accumulating since Dan dreamed up his hare brained Brownie scheme, and it has been a lot better simply short term trading to make profit.
Personally I have stopped accumulating since Dan dreamed up his hare brained Brownie scheme, and it has been a lot better simply short term trading to make profit.
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