Yes, I meant the collapsing price. You don't have to go to cmc, just open your bitshares wallet. Now, I'm no professional trader nor analyst, so I am far from understanding the reason for this drop and, even more importantly, why do people still let btc price to affect everything. But I am very optimistic about bitshares' future. Some great news from Stan about the enterprise alliance could probably send bts flying up amidst this red sea and finally break this stupid peg to bitcoin
You are viewing a single comment's thread from:
The drop is not because BTS value isn't worth it, as you know. All coins drop in relation to Bitcoin.
BTS is a strong opportunity because it has strong "utility" which is huge in the cryptospace.
Right now, injecting fiat or any new comer to BTS gets a real nice chance to get in before it changes (which it will) in 2018.
We were 84 cents earlier. I predict we'll be above $2.00 by January 2019
That's exactly what I'm talking about - the fundamentals are there for BTS, the only reason for this drop is BTC. Which is pretty stupid if you ask me.
Why the hell is everything valued relatively to bitcoin? Take ethereum for example, they are doing their own thing, have nothing to do with bitcoin. Granted, they have issues and it's a pretty crap platform right now, but why does the price follows btc drop? It's like if walmart shares would drop if microsoft were declaring bankruptcy