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RE: Steem is priced roughly $100 million less than Bitshares, does that make sense?

in #steem6 years ago

Yea I mean everything is being sold across the board, we are in a bear market. Though I am surprised to see something like BTS pass it on the way up. That seems odd to me.

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Yes it was surprising when BTS went over $ 0.80 and 2 billion market cap at the beginning of the year especially after their token was dropped from Bittrex. I remember there was talk of big announcements for BTS back then. Not sure anything really came through except some other decentralized exchanges running on their blockchain and maybe the trouble with Tether boosting the use of their dollar and yuan currency pairs. Also, with Dan's father running bitshares maybe people are still betting on some sort of synergy with EOS.

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