💰💰What is BitShares and is it a Good Investment? BITSHARES’ BLOCKCHAIN AND CRYPTOCURRENCY!!!
💰💰The recent exuberant rally in the cryptocurrency market has brought altcoins such as ether, litecoin, and ripple into the limelight. However, there are dozens of other promising digital currencies and assets that have not only gained in substantial value in the last six months but have the potential to continue to do so over the years to come.
One of these digital tokens is bitshares (BTS).
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In this guide, you will learn what the BitShares Project is and whether its native cryptocurrency, bitshares (BTS), could potentially make a good investment or not.
WHAT IS BITSHARES?
BitShares leverages blockchain technology to create “free market solutions by leveraging the power of globally decentralized consensus and decision making.” According to its founder, Daniel Larimer, however, it is more than that. In a blog post, Larimer explains that BitShares is a software, a network, a ledger, a bank, an exchange, and a currency.
BitShares is a software that provides “a distributed multi-user database with update permissions managed by a predefined set of rules as well as public key cryptography.”
BTC to IDR rates are very easy. Please note, the price of Bitcoin to the rupiah always change fox. So the opportunity to trade Bitcoin is also wide open for those of you who like Trading or buying and selling Bitcoin. To know the exchange rate BTC to IDR today, there are some sites on the internet that you can monitor the latest prices from Bitcoin.
Bitcoin exchange rate is always changing the fox every second and minute. If I write the Bitcoin price today it will not necessarily be the same as the upcoming 1 hour Bitcoin price even 1 minute to come.
So, if you play Bitcoin Trading, besides you must be good at analyzing the progress of the increase and decrease of Bitcoin price you are also required to always update about the latest price from Bitcoin.
In this article I will explain how to check Bitcoin exchange rate to Rupiah today through a collection of trusted site sites to know the price of Bitcoin in Rupiah. Below is a collection of sites that convert Bitcoin to Rupiah or to other currencies.
BitShares is also a decentralized network run by users around the world, which keep their databases synchronized as per the rules defined by the BitShares software.
This allows the BitShares network to run as long as there are at least two participants in the network communicating with each other over the Internet.
This is a graphical display of bitcoin indonesia.
From the graph above you can see the charts tend to continue to rise up, then whether bitcoin will continue to rise its price ???
maybe you are also worried that this bitcoin will jump free at any time, I also never felt the worries.But ... you must understand first.that bitcoin is different from you playing stock. If you see the graph above you may think similar to sahama / trading.
1Cal you need to understand, bitcoin is not a company / business agency bitcoin digital currency you can get by way of mining, trading, or play betting / your multiply bitcoin bet, for how to play betting or multiply bitcoin you can see my post ontricks multiply play bitcoin there I explain the trick multiply play, of course all the risk to be your responsibility in playing multiply because it's kind of gambling or betting.
Finally, a distributed ledger that records all transactions that take place on the BitShares blockchain, and it is the company behind the BitShares project.
Other ways you can mining or bitcoin miner, but this time more difficult if you do not have hardware with high specifications. Another way to get bitcoin is trading in bitcoin indonesia, you can register and trade there. Until this post I post the price of bitcoin in Indonesia touched on the number Rp.16.886.800.
It's amazing the price is fantastic, the picture above me capture today, see the charts tend to go up. Absolutely incredible this bitcoin.Less profitable what else to play bitcoin, if you still hesitate to play bitcoin I tell you again. why is bitcoin beneficial?bitcoin as a digital currency, in use in almost all countries in the world, other than that because this currency is no business entity that regulate it, so there is no manipulation or monopoly that is done by a business entity.
Larimer also explains the analogy of a bank as it can fulfill the role of a bank by maintaining a distributed ledger that tracks debt collateralized by other assets. In the case of BitShares, dollar denominated debt is collateralized by BitShares’ cryptocurrency BTS. “This dollar denominated debt is a BitAsset known as BitUSD. BitShares supports any number of BitAssets including BitGold, BitSilver, BitOil, etc. Whereas normal banks practice the unsustainable business of fractional reserve banking, BitShares uses at least 200 percent reserve and is often over 300 percent reserve.
Whereas normal banks use illiquid assets to back (collateralize) debt payable on demand, BitShares uses highly liquid BTS as collateral.”
Bitcoin move freely, from my estimation this bitcoin currency will continue to soar up.what else I see today is getting tougher in mining or bitcoin mining making bitcoin is stepping up, while user needs are increasing worldwide, it's not impossible bitcoin will last long and the price will continue to soar up if I see the current condition.
The first site you can use is Bitcoin.co.id site. Besides, this is a site selling local Bitcoin largest in Indonesia, this site also reported a definite exchange rate used as a benchmark in the buying and selling price of Bitcoin Bitcoin or Trading in such sites. Here also you can check the exchange rate between Bitcoin with Altcoin others ranging from DOGE, LTC, XPY and many others.
On this site, you will be presented with a very simple look.
This site is usually used by hunters Bitcoin untuj check Bitcoin exchange rate in the form of Rupiah or other currencies other than Bitcoin.co.id
This is an alternative site from the two sites above that you can use to find out the price of Bitcoin in the form of Rupiah and the price of Rupiah in the form of Bitcoin.
This is how to check the Bitcoin Exchange Rate to Current Rupiah which you can monitor every minute by visiting one of the three sites above.thank you.
So still hesitate to play bitcoin ???, still confused how to get bitcoin?you can read my blog, and can contact me if you are still confused.
Wish you success, Thanks
Despite its broad definition and multi-faceted features, BitShares is most known for being a decentralized exchange for “smart assets” that are backed by BitShares’ cryptocurrency and can be pegged against traditional assets such as the USD or gold.
A weekly report focusing on the changes in the ecosystem and track longer term changes in a effort to identify emerging trends and changes in the Bitshares platform.
The Bitshares State of the Network Reports seeks to combine raw data from a wide range of metrics and combine them into meaningful information to identify emerging trends and changes in the @Bitshares network.
Observation from this week
This section will highlight any observations made while analysing the data.
The Bitshares foundation has put forward a worker proposal to elect a spokesperson on behalf of the Bitshares network.This worker proposal is for $50,000 USD over 15 months and has already been approved by the Bitshares holders.
Billbutler has announce a new version of the Bitshares GUI wallet this week with a brand new portfolio page showing balances, active and open orders in a much cleaner and professional looking UI.
There was also a lot of smaller but very useful cosmetic changes this week.
The smart assets platform also allows for the creation of user-issued assets (UIA) so anyone can create digital assets on the BitShares blockchain. These digital assets can be specified to be used for a wide variety of things including crowdfunding with equity, for property rights, or as tickets for events.
BitShares’ native cryptocurrency is also called bitshares and carries the ticket BTS. It is currently in the top 20 largest digital assets and has a market capitalization of around $400 million.
In addition to the 'Spokesperson' worker proposal which was proposed this week there is another proposal for a 'compliance' work.This worker will focus on compliance but also strategic direction and exposure for the platform.This worker is for $50,000 USD for 15 months consisting of a team of 4 community members.
Asset creation is currently suspended on the network due to a potential issue discovered and being investigated by @alfa-good.You can view the discussion relating to the topic HERE
Kevin Messerly is currently running a 5000 BTS giveaway on twitter.To be in for the chance to win view the details on his tweetHERE
The Bitshares delisting from Bittrex has been put on hold while further discussions take place.There is no clear answer at the moment and during this time trading of BTS has been disabled on Bittrex.Further evidence of this is suggest by looking at Bittrex's API which has removed references to the other project that were delisted in the same batch but at this time Bitshares is still present.
The BitShares blockchain uses a Delegated Proof-of-Stake consensus mechanism, which means that voting on consensus issues can be done democratically by stakeholders. “All network parameters, from fee schedules to block intervals and transaction sizes, can be tuned via elected delegates,” the company states on its website. There are 101 elected delegates in the BitShares network who secure the network and, therefore, receive transaction fees as rewards. DPoS allows for ten transactions per second, making the BitShares network one of the fastest in the industry.
Ronny Boesing (CEO of OpenLedger ApS) has announced the release of their new rebranded website. to see the new design.and engaging with their communities, primarily with Gridcoin, Bitcoin and Ethereum. It felt only natural to give some attention to BitShares.
http://bitcoin.com has published an article this week focusing on Bitspark and their strategic decision to change their remittance @business from the @Bitcoin blockchain to Bitshares.
@alfa-good has published @Bitshares Improvement Proposal (BSIP) # 01 Titled 'Refund Create Order Fees Paid in Original Asset on Cancel'. This BSIP proposes a protocol change to prevent fee pool draining from happening, while still keeping a similar "Refund Create Order Fees on Cancel" feature in the system.
Bond On @Blockchain is a new project that is seeking to raise funds for their project which will run on the Bitshares network. The crowdfund is KYC/AML compliant so investors will need to verify their identity to get involved. Interesting note, one of the asset classes this company is looking to invest in is the Billion Hero Challenge.
Discussions of a rebranding from the name Bitshares has been taking place on Telegram and Discord with names being suggested ranging from BTS, DEX, TRADEX, HyperDEX and more. For the time being these are just discussions and a poll of the top 26 vote proxies is being conducted to consider the pros and cons of such a change.
@bitspark have released their first fortnightly update for the Zephyr Project. Their plan is to release updates on the Zephyr project every 2 weeks to keep the @community informed of their progress.
New bitshares are created in each block, and the maximum number of new shares per block decreases over time as it is the case with Bitcoin. New shares are given to BitShares’ workers who have been elected by the shareholders to run the company.
The current circulating supply of bitshares is just under 2.8 billion BTS, and there is a 1 billion BTS reserve fund held by BitShares. The BitShares reserve pool is used to pay workers and receives an income from transaction fees. The total supply of BTS will not exceed 3.6 billion.
Since its launch in October 2016, bitshares’ price was trading in the range from below one cent to under 08 cents and did not bring significant gains for investors. However, when the digital assets rally of spring 2017 started, the value of bitshares increased substantially along with the rest of the altcoin market to peak at its all-time high of $0.45 on June 10. At the time of writing this article, the value of bitshares stood at $0.15 per coin.
This week’s Bitshares hangout recording has been published and is available,
Current registered wallets/accounts within the Bitshares network is 441361;an increase of 5810 wallets/accounts since last week
The last asset registered this week is asset # 2239 and it is named 'NULS' registered by 'nuls' with the description 'Nuls is a highly customizable block chain infranstructure, Most modules of which are are plugable.Nuls enables companies to deploy a Customized block chain to meet a set of requirements.
The weekly chart for BTS-BTC on the Bittrex exchange is shown below. For the week beginning July 31, BTS-BTC hit a fresh low at 0.00003977 and a bullish Doji candlestick was formed, suggesting that the downward trend may be over. A fractal buy level will form at 0.00003977; as long as the price of BitShares remains above this level until August 21. Once confirmed, we look to buy BTS-BTC, as the base line (red) indicates equilibrium at 0.00008690. Moreover, we see that the Ichimoku cloud remains green in color and the price remains above the cloud, suggesting the long-term uptrend is intact. The green part of the cloud indicates a long-term equilibrium zone around 0.00008600-0.00009400 for early 2018, suggesting BTS-BTC will revisit this area over the long run.
However, a weekly close below 0.00004530 will point to further losses and suggest that a test of the support provided by the Ichimoku cloud 0.00001300 to 0.0000700 may occur. The altcoin’s volume is also an attractive factor for investors, as it enjoys high interest from crypto traders and speculators, regularly in the top ten cryptoassets according to daily volume.
Why play bitcoin profitable?
Why play bitcoin profitable? The title of this article that I lift in 2017, since the first time this blog I created in the year 2014 the early bitcoin new entry into Indonesia. My first post about what is bitcoin, Bitcoin which initially valuable ranging from 4-5jt now has soared to the number 16juta Rupiah. Of course for those of you who have long played bitcoin has many benefits that you get. in this article I will discuss why play bitcoin is profitable?
How unfavorable klw seen from a mathematical count alone from the beginning worth 4 millions now 16jutaan, there is a difference of 12 million Rupiah. a fantastic figure is not it,
According to Smith&Crown, BitShares ran two crowdsale campaigns to fund the development of its platform, one using protoshares and one using angelshares.
Protoshares was a new cryptocurrency that used Proof of Work and was sold with the promise to give token holders a share of future products created by Invictus Innovation, the predecessor company of BitShares. The second fundraising took place in 2014 and was in the form of donations in bitcoin and protoshares to Invictus Innovation. During the crowdsale, the company managed to raise between $7 million to $15 million in exchange for angelshares to further its development.
BTC to IDR rates are very easy. Please note, the price of Bitcoin to the rupiah always change fox. So the opportunity to trade Bitcoin is also wide open for those of you who like Trading or buying and selling Bitcoin. to know the exchange rate BTC to IDR today, there are some sites on the internet that you can monitor the latest prices from Bitcoin.
Bitcoin exchange rate is always changing the fox every second and minute. If I write the Bitcoin price today it will not necessarily be the same as the upcoming 1 hour Bitcoin price even 1 minute to come. So, if you play Bitcoin Trading, besides you must be good at analyzing the progress of the increase and decrease of Bitcoin price you are also required to always update about the latest price from Bitcoin.
In this article I will explain how to check Bitcoin exchange rate to Rupiah today through a collection of trusted site sites to know the price of Bitcoin in Rupiah. Below is a collection of sites that convert Bitcoin to Rupiah or to other currencies.
Protoshares (PTS) later turned into the cryptocurrency bitshares (BTS) while angelshares holders were also able to claim their bitshares. Both protoshares and angelshares now no longer exist.
Like with most cryptocurrency projects, the investment story for bitshares focuses on the success or failure of its platform. BitShares has been around since 2014 developing its platform that allows users to digitize “real world” assets and trade them on the blockchain in a decentralized manner. If the digitization of traditional assets and securities becomes industry standard in the financial industry and if BitShares manages to become the go-to platform for this, then the value of bitshares (BTS) will skyrocket.
An emerging platform of interest is the OpenLedger Decentralized Conglomerate, the world’s first blockchain powered conglomerate, which is based on BitShares technology. OpenLedger hosts several projects, such as GetGame, eDEV.one, and Apptrade; GetGame is based on game-related ideas with a focus on VR, AR and blockchain-based creations, while eDEV.one is a freelancing platform based on blockchain technology.
From the graph above you can see the charts tend to continue to rise up, then whether bitcoin will continue to rise its price ??? maybe you are also worried that this bitcoin will jump free at any time, I also never felt the worries. But ... you must understand first. that bitcoin is different from you playing stock. If you see the graph above you may think similar to sahama / trading.
1Cal you need to understand, bitcoin is not a company / business agency bitcoin digital currency you can get by way of mining, trading, or play betting / your multiply bitcoin bet, for how to play betting or multiply bitcoin you can see my post on tricks multiply play bitcoin there I explain the trick multiply play, of course all the risk to be your responsibility in playing multiply because it's kind of gambling or betting. Other ways you can mining or bitcoin miner, but this time more difficult if you do not have hardware with high specifications. Another way to get bitcoin is trading in bitcoin indonesia, you can register and trade there. Until this post I post the price of bitcoin in Indonesia touched on the number Rp. 16.886.800.
Having said that, the competition from established international exchanges who are working on a similar blockchain-based solution could become a threat to BitShares success story. There are also other competitors in the blockchain space who are working on similar solutions such as the Waves platform, which has gained substantial momentum in the past six to twelve months and is positioning itself as a tough competitor for BitShares. If BitShares does not manage to outcompete other market participants, then it will be unlikely for its native cryptocurrency to “go to the moon.”
It's amazing the price is fantastic, the picture above me capture today, see the charts tend to go up. Absolutely incredible this bitcoin. Less profitable what else to play bitcoin, if you still hesitate to play bitcoin I tell you again. why is bitcoin beneficial? bitcoin as a digital currency, in use in almost all countries in the world, other than that because this currency is no business entity that regulate it, so there is no manipulation or monopoly that is done by a business entity. bitcoin move freely, from my estimation this bitcoin currency will continue to soar up. what else I see today is getting tougher in mining or bitcoin mining making bitcoin is stepping up, while user needs are increasing worldwide, it's not impossible bitcoin will last long and the price will continue to soar up if I see the current condition.
So still hesitate to play bitcoin ??? , still confused how to get bitcoin? you can read my blog, and can contact me if you are still confused.
https://www.blogger.com/blogger.g?blogID=9042947646269706919#allposts
https://hermanhanafiah.blogspot.co.id/?m=1
Wish you success, Thanks
From @alfa-good