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Topic: Thoughts on the price of btsx ? aka Bitshares X (Read 6234 times)

legendary
Activity: 1764
Merit: 1018
September 03, 2014, 01:47:56 PM
#30

Do you think this is due to the large Chinese community that Bitshares has?

I think yes, but even without Chinese community BitShares big enough and comparable to NXT community.
legendary
Activity: 826
Merit: 1002
amarha
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 


I don't unterstand why some Coins like bitshares move there discussions on their own forum! It is too cumbersome for me and certainly for many other's to register for any coin on their own forum! There are far too many

Because Bitshares is big enough to have its own forum. There are exactly 0 crypto have a larger forum/community activity than Bitshares (except maybe LTC, and LTC has a much longer history).

NXT perhaps?

Not sure if it's as active or not, but they have a decent sized community with their own forum as far as I can tell.

NXT has strong and nice community (they also have self forum) but by forums statistics BitShares community bigger.

Do you think this is due to the large Chinese community that Bitshares has?
legendary
Activity: 1764
Merit: 1018
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 


I don't unterstand why some Coins like bitshares move there discussions on their own forum! It is too cumbersome for me and certainly for many other's to register for any coin on their own forum! There are far too many

Because Bitshares is big enough to have its own forum. There are exactly 0 crypto have a larger forum/community activity than Bitshares (except maybe LTC, and LTC has a much longer history).

NXT perhaps?

Not sure if it's as active or not, but they have a decent sized community with their own forum as far as I can tell.

NXT has strong and nice community (they also have self forum) but by forums statistics BitShares community bigger.
legendary
Activity: 826
Merit: 1002
amarha
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 


I don't unterstand why some Coins like bitshares move there discussions on their own forum! It is too cumbersome for me and certainly for many other's to register for any coin on their own forum! There are far too many

Because Bitshares is big enough to have its own forum. There are exactly 0 crypto have a larger forum/community activity than Bitshares (except maybe LTC, and LTC has a much longer history).

NXT perhaps?

Not sure if it's as active or not, but they have a decent sized community with their own forum as far as I can tell.
legendary
Activity: 1806
Merit: 1003
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 


I don't unterstand why some Coins like bitshares move there discussions on their own forum! It is too cumbersome for me and certainly for many other's to register for any coin on their own forum! There are far too many

Because Bitshares is big enough to have its own forum. There are exactly 0 crypto have a larger forum/community activity than Bitshares (except maybe LTC, and LTC has a much longer history).
legendary
Activity: 826
Merit: 1002
amarha
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 


I don't unterstand why some Coins like bitshares move there discussions on their own forum! It is too cumbersome for me and certainly for many other's to register for any coin on their own forum! There are far too many

Because Bitcointalk is poison.
legendary
Activity: 910
Merit: 1000
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 


I don't unterstand why some Coins like bitshares move there discussions on their own forum! It is too cumbersome for me and certainly for many other's to register for any coin on their own forum! There are far too many

Bitshares forum has 102004 posts 7116 topics and 6054 registered users, If you are serious about bitshares then https://bitsharestalk.org/ is the place to go.  
full member
Activity: 206
Merit: 100
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 


I don't unterstand why some Coins like bitshares move there discussions on their own forum! It is too cumbersome for me and certainly for many other's to register for any coin on their own forum! There are far too many
legendary
Activity: 1806
Merit: 1003

That's what I read and that made me come to that statement. Is he wrong and therefore I'm being wrong?
Yes I do know what the supply of the coin is. I did not however know about the supply decrease due to that. Thank you for the info.

He was talking about before the release of the client, only bter snapshots were trading, since non-bter snapshots were not available yet pending release of client. This already happened months ago, right now all supply is released and accounted for. Also, the price as only gone up since then.

I don't think the BTSX shareholders will be the "quick to dump" type. We didn't buy and hold AGS/PTS for over 6 months, only to dump "our precious" BTSX as soon as we get them. At least I will be a permanent shareholder of BTSX (and also my AGS/PTS), because it's potentially much more rewarding to be a "hodler" in the ecosystem. I have already received free money from multiple DACs just for holding my AGS/PTS. Most recent being DNS/Vote.
legendary
Activity: 1806
Merit: 1003
I find that the current price is just a result of a smaller 'pump' and therefore it won't last out too long.
Once the supply increases to the exchanges it could crash hard.
For the marketcap it is better to have a small daily % growth than to spike like it did. (Look what happened to DRK last time and there are many more examples)

Supply increase from what? all 2B supply has been distributed and in the hands of share holders. Each day thousands of BTSX in transaction fees are destroyed, slightly enriching all shareholders (a form of dividend).
legendary
Activity: 2674
Merit: 2965
Terminated.
I find that the current price is just a result of a smaller 'pump' and therefore it won't last out too long.
Once the supply increases to the exchanges it could crash hard.
For the marketcap it is better to have a small daily % growth than to spike like it did. (Look what happened to DRK last time and there are many more examples)
Please explain "supply increases", as you know BitSharesX starts from 2,000,000,000 BTSX and supply can only decreases depend from delegate pay rate but not increases: http://wiki.bitshares.org/index.php/DPOS
A) The exchanges can only trade their stake (stake that was held by them during snapshot). Once the chain is released others can transfer funds and sell on theses exchanges too which increased the supply. Price should fall
That's what I read and that made me come to that statement. Is he wrong and therefore I'm being wrong?
Yes I do know what the supply of the coin is. I did not however know about the supply decrease due to that. Thank you for the info.
legendary
Activity: 1764
Merit: 1018
I find that the current price is just a result of a smaller 'pump' and therefore it won't last out too long.
Once the supply increases to the exchanges it could crash hard.
For the marketcap it is better to have a small daily % growth than to spike like it did. (Look what happened to DRK last time and there are many more examples)

Please explain "supply increases", as you know BitSharesX starts from 2,000,000,000 BTSX and amount of BTSX can only decreases or stay same depend from delegates pay rate but not increases: http://wiki.bitshares.org/index.php/DPOS
legendary
Activity: 2674
Merit: 2965
Terminated.
I find that the current price is just a result of a smaller 'pump' and therefore it won't last out too long.
Once the supply increases to the exchanges it could crash hard.
For the marketcap it is better to have a small daily % growth than to spike like it did. (Look what happened to DRK last time and there are many more examples)
legendary
Activity: 1764
Merit: 1018
I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?

BTSX has a own bitcointalk thread? Cannot find it

BitShares from beginning has self forum https://bitsharestalk.org all discussion and things happened at this forum.
Usually community members just cross post important info here.
If you want be up to date about BitShares and another important crypto world info, join BitSharesTalk.
 
full member
Activity: 206
Merit: 100
BTSX has a own bitcointalk thread? Cannot find it

There is an official support thread for BTSX in the altcoin section. (link: https://bitcointalksearch.org/topic/official-bitshares-x-support-thread-btsx-707593) Smiley

I really surprised the thread is not as active as I thought but amazingly its #3 on Coin Market Cap.

I am also very surprised! I've Heard until now nothing of bitshares! Was there an ipo?
hero member
Activity: 916
Merit: 500
BTSX has a own bitcointalk thread? Cannot find it

There is an official support thread for BTSX in the altcoin section. (link: https://bitcointalksearch.org/topic/official-bitshares-x-support-thread-btsx-707593) Smiley

I'm really surprised the thread is not as active as I thought but amazingly its #3 on Coin Market Cap.
hero member
Activity: 532
Merit: 500
BTSX has a own bitcointalk thread? Cannot find it

There is an official support thread for BTSX in the altcoin section. (link: https://bitcointalksearch.org/topic/official-bitshares-x-support-thread-btsx-707593) Smiley
full member
Activity: 206
Merit: 100
BTSX has a own bitcointalk thread? Cannot find it
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