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RE: Bitshares (BTS) Update: After a minor correction to $0.167; Higher to $0.34

in #bitcoin6 years ago

bitUSD and bitCNY adoption are growing steadily, close to 25% of BTS circulating supply is currently locked up as collateral for MPAs and more is being locked up every day. Rumor has it that Bitthumb will list BTS. Stan and Michael have close two huge deals that bring large American corporations to BTS. Bitspark, Micromoney and Bankcoin moving to Bitshares.

Bitshares has more transactions per day than Bitcoin (BTC backlogged, over 100% capacity) while using less than 0.3% of BTS transaction capacity (see http://blocktivity.info/).

The fact that a shitcoin like IOTA can hit top 5 on CMC because they are 'demonstrating' their tech to Microsoft - tech that MIT found bugs with and tech that does not have a working wallet - means that a mature tech like Bitshares with real adoption by real businesses should hit top 5 on CMC easily. $5 BTS should be a given at this point. When the move happens it is going to be as violent at IOTA.

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Ioata isnt a shitcoin sorry dude you missed the boat dont get mad

Mmmkay. No working product, no working wallet, slow tx, Tangle is a mess, primary market is incredibly niche with no real world application (ie IOT is basically non-existent right now), questionable dev team, single exchange pump, massive misrepresentation about 'partnerships' ie. two month long Microsoft demo is not even close to partnership and of course all the questions surrounding their chain tech. Yep, not a shitcoin at all and definitely worth $10bn. It's a joke.

https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367

I didn't miss the boat, I did some due-diligence, read the whitepaper, read the forums, tried to use it myself and chose not to invest. But to each their own, and if you made some money on IOTA, hats off to you!

This is tt-dogg and I approve of this message

Me too... especially since I have 500 BTS 😀

@tt-dogg - thanks for your approval :) I dont trust anything if it doesnt have your approval lol

Lmao all the way to the bank. Also fuck banksters. Lol
Bts. Eos. Steem. for life holla. !!!

hell yeah!

Hi, @tt-dogg you should check my blog, I have some tshirts with Bank-hate related themes that you could appreciate.

lol.

Ima have to get some shirts from you bra. Let me just get all my trading done first. Lol.

EOS > $10 in January. Fill your bags now

Well said. IOTA at first impression seemed it could either be an Oracle or Tesla. I was mostly on the Tesla side of the scale. With current developments I've come to give it more credit. Still it seems like it's chewing way too more than it can swallow. The way they created fee-less Tx seemed like a terrible idea and yesterday on Binance I saw that IOTA is having a network congestion. I still wouldn't call it a shitcoin but it's waaaaay too over-hyped at the moment.

I've also seen a huge amount of commie support for IOTA. That's always a red flag.

Iota is doing big things dude dont listen to people simply observe the progress and partnerships. Iota is a top 5 coin

They are a great project. But so is Tesla and other Elon Musk projects. I think IOTA could do better than Elon Musk but I'm not fully confident in them. I'm cautiously optimistic. I'm not too sure about Top 5. I'd say top 25 is very likely.

Did you know that not one of Elon Musk's companies is profitable?

so how does he make money? :)

People/Governments/Futurists/Research Groups give it to him.....I'm not kidding.

Crony capitalism. Tesla has major competition from Fisker again. They now have a patented battery with 500 mile range and can fully charge in less than a minute. Labor disputes. Workers are trying to unionize. Also moving factory to China. Subsidized from clean energy credits that will soon expire. Also I hate the style of Tesla looks like a glorified Saturn. Lmao. Solar city is bleeding money. Also hydrogen cell tech from Toyota. Also common sense tells you there Tesla stock is inflated. They don’t even have enough market share to ford yet there stock is more than ford ?
Too many ppl buying the hype and not doing enough research

Don't forget the fanatic stock buyers. I've seen YouTube comment sections and they are almost on the level of BitConnect. EV are the future. But Like Bitcoin, Tesla isn't going to be in it. Tesla is at least trying and it's not a ponzi Like BitConnect. But still all Elon Musk companies are garbage.

On the other hand check out this link: https://seekingalpha.com/article/2995126-chinese-electric-vehicle-companies-about-to-boom

The Chinese at least aim for results instead of Silicon Valley drivel and BS. It's not always good (Ghost Cities for an example). But at least the Chinese care for the results. I've been interested in Chinese EV makers for some time. I just don't trade them cuz cryptos are way more fun and easier to get into.

this is tt-dogg and i really fucking approve this message ....

Dude what's with all the messages ? I must of missed the joke please share hehe

I wish I bought when it was .04 like haejin recommended. I would be rich already lol

Still worth to buy it now i would say (and still get rich)

Iota is FAR from being a shitcoin, though 😂

Great statement @johnsmith. I take umbrage with one thing: Bitshares will not move violently because it is a project of voluntaryism and libertarianism and, though it may move quickly when the time comes, I believe it still will tread lightly and respectfully.

Let's use some romantic semantics around BTS!

This is tt-dogg and I really approve of this message. !

Interesting divergence in BTS price today.

Big selloff on Poloniex:

No big downward spike on the BTS DEX:

So, to your point, DEX users don't seem to be smashing price around like the whales on the centralized exchanges.

I agree, just today I heard someone saying that his IOTA transaction was stuck for more than 24 hrs lol

My transaction yesterday to Bitfinex lasts 22h , cause I´m not used to iota I first tested smal amound. Now the next real transaction stucks... fuck.... ok don´t know it its bitfinex or iota

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