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RE: BitShares price to surge to a reportedly whopping $100.00 USD by Christmas! (2017) - BitShares ousts Bitcoin in Hong Kong and elsewhere as US and Australian Government Regulators move in
Bitshares should be in the top 3 on CMC based on current transaction/operation volumes (more than Bitcoin and Ether combined). It would take very little buying to hit $10 and a $2.5Bn cap. There is some serious manipulation going on at Polo and a couple of short whales holding the price down.
Bitshares is finally starting to get some attention as people realize centralized exchanges are crooked and can steal your money, whereas the Bitshares DEX is as safe as a wallet and doesn't require you to trust anyone - no one can 'hack' the DEX.
Bitspark is huge news and will add much needed liquidity. The perfect storm is brewing for a massive Bitshares bull run. $1 is easy, then I can see $10 coming really fast.
$100? Hell yes! Bring it on!
Hi John, just read that Bitcoin are about to activate their Lightning Network over the next 2 weeks:
How do you see this affecting Bitshares?
Hi @sfletcher62372 correct me if I'm wrong but isn't the Lightning Network going to make Bitcoin more centralized?
Don't get me wrong, I appreciate your comment and I welcome free speech. You're thoughts are welcome here.
ping to @johnsmith
I'm not too sure - I'm still reading into it. I've seen that EtherBTC is also being launched (Bitcoin on the Ethereum network). I'm interested to know what the tps is for Bitcoin on the Lightning Network.
Those claims are nonsense. They are adding more trust, not less.
Too little, too late imo.
So what they're saying is false? I'm not invested in Bitcoin currently as I personally feel there are better opportunities elsewhere. However when I saw that about the Lightning Network it made me wonder if there was a need for @stan FastBitcoin anymore?
Well, yes, I'd say their claims are mostly false. SegWit introduces off chain transactions. The whole point of on-chain transactions was to eliminate trust via hash power consensus.
That goes away on Segwit transactions, which basically makes Bitcoin Core Litecoin.