BitsharesX is taking Litecoin and Bitcoin down

[CoinHoarder]

Some guys keep telling us all the time that they don't like bitshares at all, these guys definitely are holders of huge stacks of crapcoins and shitcoins and see bitshares as the tool of the destruction of their shitcoins.

It could be great fun and amusing to tell us what kind of crapcoins you are holding!

+ 5%

[jae480]

Some guys keep telling us all the time that they don't like bitshares at all, these guys definitely are holders of huge stacks of crapcoins and shitcoins and see bitshares as the tool of the destruction of their shitcoins.

It could be great fun and amusing to tell us what kind of crapcoins you are holding!

Perhaps they are intimidated by Bitshares? I'll be honest that there is a lot of information to learn before you really start to appreciate it.
Just about every single alt coin out there is a scam and was created for the sole purpose of pumping and dumping. I'd say Litecoin fits this category too.

However, if people are genuinely trying to innovate then I don't see a problem what the problem is with them making some money along the way.

Is anyone upset or calling Google a ponzi scheme because the founders are now billionaires?

Google had to have a network effect for it to even grow similar situation with the crypto space right now.

[Nullu]

Some guys keep telling us all the time that they don't like bitshares at all, these guys definitely are holders of huge stacks of crapcoins and shitcoins and see bitshares as the tool of the destruction of their shitcoins.

It could be great fun and amusing to tell us what kind of crapcoins you are holding!

Some of the coins I hold are so crap I doubt they're worth the hard drive space they're written on. I'm ashamed to own them, let alone defend them.

[jae480]

a coin that shits their pants so much it can't even face the community around here and avoids having a thread on btctalk (possibly because of fears of being exposed for logic flaws) should "take litecoin and bitcoin down"?

I'm pretty sure that its not because of 'fears of being exposed' but rather because its full of fanboys and Bitcoin is like a religion to you.

gtfo!
people don't fall for this BS.  


... what if ... you can't trade bitUSD for anything else than their counterparts and the shit is a hermetic system in a system? Huh? What then? You can't trade that shitty btsx-things of the lower order for anything else than options IN the system or btsx since the contracts always need a counterpart.

So where is the dev now answering the concern?

Where is your nice bitBTC on the open market? Where can i buy btsx-options directly for btc or fiat? Nowhere. and that'll probably never change.

Very likely the reason of btsx avoiding btctalk.

[brekyrself]

a coin that shits their pants so much it can't even face the community around here and avoids having a thread on btctalk (possibly because of fears of being exposed for logic flaws) should "take litecoin and bitcoin down"?

gtfo!
people don't fall for this BS.  


... what if ... you can't trade bitUSD for anything else than their counterparts and the shit is a hermetic system in a system? Huh? What then? You can't trade that shitty btsx-things of the lower order for anything else than options IN the system or btsx since the contracts always need a counterpart.

So where is the dev now answering the concern?

Where is your nice bitBTC on the open market? Where can i buy btsx-options directly for btc or fiat? Nowhere. and that'll probably never change.

Very likely the reason of btsx avoiding btctalk.

You can trade bitUSD on bter now:

https://bter.com/trade/btc_BITUSD
https://bter.com/trade/bitusd_usd

i'll take actual USD in my possession over BITUSD any day for a long long time.

Step back and look at the bigger picture.  International business to business transactions or hell look what happened in Cyprus.  USD in your mattress is one thing but in a bank or exchange its just an IOU...  The market peg, if it works, will bring value to many individuals who do not have easy access to investing in stocks, metals, foreign currency etc...  Its another way to hedge inflation.

Check out this article and see if it starts to paint a larger picture.
http://bitshares.org/overstock-to-cryptostock/

[bitcoincal]

Is anyone else having trouble running the client? It crashes every other minute.

[CoinHoarder]

Is anyone else having trouble running the client? It crashes every other minute.

No.. what version are you on?

[FFrost]

As usual a good rise then a steady decline now let's see if this coin swims or drowns like so many before.

[CoinHoarder]

As usual a good rise then a steady decline now let's see if this coin swims or drowns like so many before.

It was due for a correction, it went up too high too fast. This is not a pump and dump coin though, I have faith it will rebound even higher than before.

[ruletheworld]

As usual a good rise then a steady decline now let's see if this coin swims or drowns like so many before.

Too early in the cycle to conclude that. The price drop hasn't been THAT significant, like the pumps and dumps we have seen in the past. I think there are several catalysts on the positive upside still remaining, such as the opening up of the other BitAsset markets (BitBTC, BitCNY and BitGold being the major ones awaited). Plus, there are lots of improvements possible in the trading interface. Lets see if the price holds in a couple of weeks, should give a better idea, I think.

[jae480]

Is anyone else having trouble running the client? It crashes every other minute.

make sure you are on the latest client

bitshares-x.info

[devphp]

Ohhh come on dumpers... my wife needs to buy $2000 at about   0.000071 BTC/BTSX

What the hell is that? Have you no BTSX to prove your point, that Bitshares is a pump up scheme...

You truly disappoint me.

Now, I have to give her percentage of my own stack. 

Did she buy?

[ruletheworld]

Ohhh come on dumpers... my wife needs to buy $2000 at about   0.000071 BTC/BTSX

What the hell is that? Have you no BTSX to prove your point, that Bitshares is a pump up scheme...

You truly disappoint me.

Now, I have to give her percentage of my own stack. 

Did she buy?

Hah, I am curious too!

[btcmaze]

I totally disagree with the author.

My opinion:

Bitcoin is going drastically UP - long term
Litecoin is going slowly up - long term
Bitshares X is going drastically up - short term, and slowly - long term

[Warfare2020]

i have to say Bitcoin is the king of the crypto,other coins just like a joke.

[DooMAD]

i have to say Bitcoin is the king of the crypto,other coins just like a joke.

Everything is still experimental at this stage.  I don't think anyone can afford to speak in terms of such absolutes.  It's certainly fair to say Bitcoin is the current king of crypto and is likely to stay that way.  But there's no guarantee that any coin will hold the top spot forever, so keep an open mind and watch the trends and developments.  Other coins will have a huge amount of work to do in order to catch up, but to dismiss all other coins out of hand might be short sighted. 

[tooil]

Let's be honest here Litecoin is officially dead and Bitcoin is like AOL, Napster, and Myspace.
They both have their days numbered and from the looks of it BitsharesX is rapidly catching up to Litecoin.

The reality is that Bitcoin is only number one because of the first mover advantage. This is why everyone know what Bitcoin is
but that doesn't mean that it is a superior technology when compared to others like BitsharesX, NXT, and Ethereum.

So what are you guys doing? Are you going to continue holding Litecoins and Bitcoins or are you going
with the newer more innovative technologies?

Bitcoin still have more trust than all the altcoins out there.

For most investors and consumers who are in the know, all altcoins are still considered pump and dump coin.

[brekyrself]

Bitcoin still have more trust than all the altcoins out there.

For most investors and consumers who are in the know, all altcoins are still considered pump and dump coin.

Investors "in the know" are investing in legitimate new experiments such as BitShares, Nxt, and ethereum.  All of these are attempting to expand upon BTC with additional functionality.

[iCEBREAKER]

Bitcoin still have more trust than all the altcoins out there.

For most investors and consumers who are in the know, all altcoins are still considered pump and dump coin.

Fiat currencies still have more trust than all the crypto coins out there.

For most investors and consumers who are in the know, all Bitcoin type things are still considered pump and dump Ponzi schemes.

Goose -> Sauce -> Gander

(This an endorsement of keeping an open mind and not being a herd animal, not an endorsement of BitsharesX.)

[Ochi]

Who give you such confident?