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RE: bitshares price discussion

in #bitshares • 9 years ago

I think it is time to revisit this post now...
Bts price has been holding steady in $ terms since when I first opened this thread but now there is a small difference since then...Exchanges hold less bts now... Without being 100% certain, I think that a lot of bitshares moved from Polo to BTC38.
Considering the DAO and Lisk buzz and btc rise, I think that bts keeping its value in $ terms is quite bullish don't you think?

Come on people let's reduce the external exchanges holdings, short some bitassets on the DEX and create some buying pressure..After all it is more secure to keep your bitshares in your private wallet rather than in exchanges and the process of moving funds is very easy and very fast. It is not like bitcoin that confirmation take ages and you may miss any opportunity..Transfers in bts happen within seconds (or minutes until the exchanges credit your balances)..

9 years ago in #bitshares by
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     9 years ago  

    Tether market cap is now c$6 mil.. To me this means 2 things:

    1. There is a huge demand for a stable smart contract and bitusd should take advantage
    2. There is a huge counterparty risk in Polo right now. Please consider withdrawing bts that you do not actively trade from centralized exchanges. I feel a bust is coming and we don't want our bts to be stolen from centralized exchanges and hackers do we?

    By withdrawing bts that you do not trade from centralized exchanges we create buying pressure and increase bts value.

    Please consider providing liquidity in bts DEX so our investment can grow...Just use external exchanges only for few minutes buy or sell and anything you don't trade withdraw it..

    I hope I am not correct in my prediction but Goxes are coming..