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RE: BitShares price to surge to a reportedly whopping $100.00 USD by Christmas! (2017) - BitShares ousts Bitcoin in Hong Kong and elsewhere as US and Australian Government Regulators move in
I think this is the unfortunate result of irrational markets.
Price is mostly based on hype and expectations of potential gains, at the moment. Much like the stock market, there is not a lot of fundamental-value investing going on.
That explains why still-vaporware projects are such hot news, and well-established tech with poor PR falls by the wayside.
BTS could be the result of a black swan in its favor, however, but I've found the million hero marketing to be all bark and no bite.
PS - I don't like that the Heronomex forum was hosted by a scammer, and stan's partner on stage is a borderline scammer / nutjob who displays his mental illness all over the Bitshares forums.
It does feel a bit like there was the big Billion Hero Campaign launch with the "Ted Talk" if you like but then you look at the website and it's not ready... Have I missed something or would you not get everything ready and then launch? I know nothing about marketing so open to being educated.
I find it strange that people are being referred to billionherocampaign.com and it's not even finished or ready. How does that make Bitshares look...
Believe me that I want Bitshares to be as successful as it can be and I want it to be as big as Stan says, I just feel like certain things aren't adding up at the moment. I'm sure this is very wide of the mark, but it literally feels like things have fallen flat since the launch on 4th July.
I am in total agreement with you. BTS is great tech but it has a PR and usability problem.
Everything about the hero that ever came out seemed like complete marketing schlock, and BTS dumped 2/3rds shortly after. Anyone that followed their advise lost massively.
I'm trying to figure out if I've just got unrealistic expectations and am impatient, or if Stan overhyped this too much with his series of posts. We were going to have celebrity endorsements, big marketing campaigns from a huge renowned firm out of New York, have I missed something? And where is FastBitcoin? The mind boggles.
Honestly, I was wondering if "Bitcoin Unchained", or whatever they are calling it now, had just completely distracted them from attempting to pump/dump BTS with this guaranteed-to-fail hero project.
You can't just define something to have a certain APR; the market will simply devalue it in expectation. It doesn't work that way.