BitsharesX will go UP or DOWN?

[btcmaze]

What was your vote?
Why do you think so?

[btcmaze]

My vote : UP

What was your vote?
Why do you think so?

Just learned i can't submit my vote in my poll  

[Warfare2020]

The history always same.The price of BTS just like other altcoin,people pump it then dump it.it will down for a while

[BMW325i]

Forgrt bts.I came from china and i know some chinese big whales have dumped their coins.

[razen489]

Doesn't look too good at the moment no? https://www.coingecko.com/en/coins/bitsharesx

[Lauda]

This thread is a dumb call, by a shill account.
You don't make a poll for your coin and publicly say that you're voting UP (a positive answer in this case).
I'm going to vote down, we don't need it.

[From Above]

This thread is a dumb call, by a shill account.
You don't make a poll for your coin and publicly say that you're voting UP (a positive answer in this case).
I'm going to vote down, we don't need it.

down like dark coin ROFL

~CfA~

[brekyrself]

Short term will be unstable until the market peg proves itself.  Once its accepted, traders and merchants need to start using BitUSD, BitEUR, BitGold etc...

This is a great experiment to watch.

[FFrost]

Well a few days ago it was at over 9000 dropped to 4000 or so yesterday now back to top very 5000 only time will tell. Since I bought at over 9000 I'm hoping to at least go over a little so I can sell.

[50cent_rapper]

Well a few days ago it was at over 9000 dropped to 4000 or so yesterday now back to top very 5000 only time will tell. Since I bought at over 9000 I'm hoping to at least go over a little so I can sell.

buy cheap sell high  

I don't know weather it will go UP or DOWN, but I do know that coincap 114 664 BTC is HIGH

[origin12]

Short term will be unstable until the market peg proves itself.  Once its accepted, traders and merchants need to start using BitUSD, BitEUR, BitGold etc...

This is a great experiment to watch.

How does BitUSD get pegged to the dollar?

[brekyrself]

Short term will be unstable until the market peg proves itself.  Once its accepted, traders and merchants need to start using BitUSD, BitEUR, BitGold etc...

This is a great experiment to watch.

How does BitUSD get pegged to the dollar?

You have some reading to do 


Easy non technical background on BitShares and the market features
https://bitsharestalk.org/index.php?topic=7628.0

Start here to read the background on DPOS algorithm:
http://wiki.bitshares.org/index.php/DPOS

Continue here to read about the security and simplicity of sending to names instead of addresses:
http://wiki.bitshares.org/index.php/TITAN

Listen to this episode from a few weeks back:
Let's talk Bitcoin! episode 129.  Starts around 12 minute mark with the lead dev Dan.  Great listen.
http://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-129-dogeparty-and-delegated-proof-of-stake

Which leads to the asset exchange:
http://wiki.bitshares.org/index.php/Bitshares_X

Finally finish up with this to really get you thinking about where bitcoin ideology will go:
http://bitshares.org/overstock-to-cryptostock/


With all the above were just scratching the surface of possibilities.

[origin12]

tl:dr

Is there no simple and easy to understand one sentence answer you can give?

[mr_random]

I say down. It's gone up a lot already and the market cap is massive.

The next 6 months will be constant selling pressure from early whales cashing out. Basically a repeat of what we saw with NXT (not recently, more the trend since it launched in January),

[brekyrself]

tl:dr

Is there no simple and easy to understand one sentence answer you can give?

There are multiple ways the peg is established which include traders, price feeds, backup's, failsafes, etc... to keep everything in check.  You really need to do some reading to get a grasp on the big picture.

[TinEye]

Down obviously.

Its the second bounce after the pullback, it will touch deeper lows after this. Anybody caught out by the pullback now has the chance to unload.

[btcmaze]

Went up  
In profits  
Still holding      

My valuation @ 0.00015
Current price 0.000065     41.26% gain in last 24 hrs as per bter

[btcmaze]

This thread is a dumb call, by a shill account.
You don't make a poll for your coin and publicly say that you're voting UP (a positive answer in this case).
I'm going to vote down, we don't need it.

Sorry,ill edit that   

[TinEye]

Went up  
In profits  
Still holding      

My valuation @ 0.00015
Current price 0.000065     41.26% gain in last 24 hrs as per bter

Chinese are still keeping it pumped up. If it does not stay up long enough they cannot cash out. It will slowly peter away soon, in a couple of weeks.
Get out while you still can and buy back later.

[CLains]

BitShares X started at 30 million when it went liquid. Naturally investors who had waited too long dumped, and price went down to 15 million. After a while it became clear that bitUSD was going live, along with other good news. The price skyrocketed up to 110 million. Then came the inevitable crash: down to 45 million before bouncing back up to 60. In sum, an almost 10x increase from the lowest point to peak, then crash and bounce to approximately half of the peak.

Where have we seen this before? Oh right, during every bubble.

It is impossible to tell from this action alone what sort of long term price we will see. People who believe in the system think this was no accident. That it will bump along this price until the next bubble. People who don't believe in the system generally have no idea what it is about. bitBTC and bitCNY is going live any second now, and the marketing push has not even begun yet. Couple this with the fact that there are several new BitShares products on the horizon that will help grow the ecosystem..