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RE: BitShares (BTS) LONG TERM FORECAST...$342!!
Understood, you're correct. However, at a dark alleyway meeting ground in the heart of Cryptotown, Fundamentals and Sentiment/Charting MUST meet and fight it out. Fundamentals is like Rocky Marciano-- never lost a fight over a career!
i mined protoshares, i had bitshares x, i have been buying bts when it was 4 for penny...
and i still buy BTS everyday, this is from fundamentals and research on the team and my belief in dan and stan.....i recently found haejin a little over a month ago...when my fundamentals and research have kept me to stay with BTS for this many years and a technical analyst who looks from only a sentiment view i have double confirmation...
so im not here to convince you if you comparing everything with coins in the marketcap now your wrong with wall street and mass adoption and the billionherocampaign that will be kicking off soon. the marketsize will increase massively plus when USDT goes belly up there will be a rush for smartcoins pegged to fiat currencies like bitUSD... how is bitUSD made? with BTS in a collaterized smart contract loan...BTS DEX is a SMART COIN FACTORY not just an exchange...also its BANK...also its decentralized and cannot be shut down by any government entity...if US exchanges get shut down then more go to the DEX....and when USDT tanks so will the exchange backing it bitfinex...then we have more rushing to the DEX...
tt, you're the perfect person to ask then, as we've been researching BitShares and OpenLedger for quite some time and not yet arrived at a conclusion. Here's our questions:
#1 Withdrawal Fees
For small-timers, it's nothing to get in, but quite expensive to get out, no? We calculated it was 10-20% of funds to withdraw, but maybe we didn't use big enough numbers?
#2 If crypto suffers a big fall (like today) that last awhile, say months and very deep percentages, how will that effect the smartcoins trading on pegs inside DEX? Because if people pull their money out of Open Ledger, that means they're selling bitshares too, and that means there's less bitshares to support the pegs, so it could all fail in a "1929-event", no?
#3 Is the exchange OpenLedger, or DEX? We see people say DEX all the time, and it confuses us. Are they the same thing?
#4 Volumes on the exchange
Since OpenLedger doesn't seem to make most exchange lists you see, do you have anything which charts how their volume growth has been since inception? Curious to see adoption, but hard to go to OpenLedger every day and take a new temperature.
We are VERY interested in BitShares, fundamentally, so any info is appreciated since you obviously know it quite well for a long time.
You might be interested to check out https://www.blocktivity.info/ to find some answers on #4. I found some really helpful data there to do some calculating on volume growth myself.
Knowledge DROPPED!
Not just an exchange, Smart Coin Factory!
Funny thing is.....I don't think TA's feel like it's a battle at all. I think we're pretty happy with our methods and results. We'd love to help more people make more money, but I'm not in the business of telling other people they aren't correct in their methods.....I mean...The charts do that just fine on their own.