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RE: Bitshares - State of the Network - 29th August 2017

in #bitshares3 years ago

Thanks for the update. I would like to start using Bitshares again. But with the difference between Ask and Bid prices like it is in these images I don't think we can consider Bitshares as an active replacement for CEXes. But without increasing the volumes I am not sure how we can address this issue.

Bithsares should should concentrate on getting more volumes by

  1. Promote Bitshares to new people. May be give them some free Bitshares initially? That could be a motivation for people to check out the Dex.
  2. Add more altcoins on the DEX. I am assuming it is easier to add a coin on Bitshares when compared to CEX.

Screen Shot 2017-08-31 at 1.39.47 AM.png

Screen Shot 2017-08-31 at 1.40.57 AM.png

Let us hope that volumes will pick up once people realise how the Centralised exchanges are ripping them off.

Looking forward to the day when Bitshares will go mainstream and I will be able to trade all the altcoins on Bitshares.

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