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RE: Bitshares (BTS): Yellow or White Matters None; Same Destination

in #bitshares7 years ago

Its pretty obvious Bitcoin Futures as screwed the market recently ! Price was run up by the bankers prior to 18th Dec, then they got out knowing it would cause panic and price crash. They will buy up as much cheap BTC as they can and sit on a stockpile. JP Morgan did this with Silver !

They are going to run the price up again eventually so just hold now and try not to let greed drive your decisions, but get out next time before they do ! OR ditch BTC and buy Bitshares also move away from any centralised exchange onto DEX. WHY ? Because they are Introducing amazing new assets which will be backed by Gold/Silver etc so when the next crash comes, the DEX will be a safe haven. Banksters will be able to do anything they want with BTC because the ALTs will be pegged to other more stable coins (not BTC) so this pattern of BTC crashing and taking everything with it will eventually be a thing of the past.

I will put down my crystal ball now......

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Unfortunately, institutions a) are well organized and b) have more money.
So they can buy their way into any sort of market, also into the decentralized exchanges. The principal superiority of an organization over a herd of chickens will always remain.

If everyone moved to Bitshares DEX it would have a lot higher liquidity, then when banksters hit BTC you could simply move to from bitBTC to quint (or other asset backed crypto) which is harder to manipulate so would prove a nice safe haven !

have you written the bots yourself or are you using paid/open source one ?

Bitshares UI is getting better and easier but still not as good as gdax etc