Post
Topic
Board Project Development
Re: [ANN] B&C Exchange – A decentralized Bitcoin exchange - Final 24 hours to bid!
by
JordanLee
on 13/05/2015, 14:11:16 UTC

Perhaps the non-bidders were afraid that they wouldn't be able to sell their nushares for a fair price once the B&C exchange goes live? Looking at the charts, nushares seem like a dying asset, very similar to PayCoin to the incompetent eye.


I'm not sure what would lead you to conclude NuShares are a dying asset. At 0.0025 USD, they are up 39% in the eight months since their appearance last September. That is an astounding return by any standard, but it is especially impressive in the Bitcoin 2.0/altcoin space, which has experienced a ravishing bear market during the life of NuShares. By way of comparison:

  • NuShares are up 39% since their debut on September 23
  • PayCoin is down more than 98% since its debut in December
  • Litecoin has fallen 59% since September 23
  • Bitshares, the asset most comparable to NuShares, have fallen 84% since September 23
  • Bitcoin is down 40% since September 23

Looking at charts there are a lot of cryptoassets that seem like a dying asset, with the notable exception of NuShares. Oh, and NuBits, which have gained exactly 0% since their debut  Wink