10x increase to Bitshares price in September

September will be a enormous growth period for the Bitshares network. here are the supporting reasons why I believe this will happen.

reason 1

The Bitshares team is putting together a global marketing campaign to advertise a crypto token that gives 5% annual interest on there DEX(decentralized exchange)(https://bitshares.org/). This token works basically like this, You lock up Bitshares worth around what the USD would be today if instead of inflate by 5% each year it did the opposite. So what were looking at is around $160 token that gives 5% annually. The way its tied in with the Bitshare price is that you are locking up around $160 worth of bitshares in return for this HERO token. Now just imagine if people all around the world hear about a savings account that can give them 5% return annually on there money, I can imagine there being alot of people out there who would love to get that kind of yields. Locking Bitshares up takes bitshares out of circulation driving price up^^

there is a lot of piggy banks out there XD

reason 2

OCASH brings the international card payments system to the Bitshares/OpenLedger network, allowing token holders to use Stablecoins (SmartCoins) including bitUSD, bitEUR, bitGBP, and Rubles - plus other OpenLedger tokens such as OBITS, BTC and ETH - to purchase items anywhere that accept international payment cards. Do you understand what this means? We will be able to use cryptocurrency to pay for everyday goods just the same as we would with out USD powered credit/debit cards. Only difference is USD value decreases every day at a steady rate and crypto assets such as Bitshares since the beginning of its creation has only increased. hmm I wonder which debit card I would prefer, USD powered or Ocash powered. I think the choice is fairly EZ...

reason 3

This has less to do with the Bitshares network but more with network effects. So the creator of Bitshares is Dan Larimer, after creating this blockchain he has since left to move on to his next project, its called EOS im sure you have heard of it. I believe September will be a big month for EOS with its beta test net opening for developers to create on. There will be a swarm of developers coming to the EOS network, This is due to EOS being so attractive for a developer because unlike ethereum or Bitcoin this amazing piece of software will not need hard forks to upgrade, this means DAPP developers wont have to worry about having there coin split into 2 fucking assets. EOS is a ideal blockchain for industry sized DAPPS also because of its near unlimited TPS (transaction Per Second) through put and its near instant confirmation times. I believe EOS will get good attention in the coming weeks and it could result in a network effect and all of Dans blockchains will be hyped because EOS will prove itself to the developer community.

Remember
Without Developers there is no users

reason 4

Bitcoins current speeds of confirmation are couple minutes to couple hours and sometimes couple days, and have a transaction fee that's not realistic to use in a shit ton of use cases.

BTCX stands for Bitcoin-x I think This is a new token coming to the Bitshares DEX. This token is going to be in essence the same as the current Bitcoin but with a slight change, it will be near 0 transaction fee and have a confirmation time of 3 seconds and under. If they combine this with a strong advertising campaign then they can adopt a lot of new users to the DEX. Bitcoin has the largest reputation in the crypto space. If BTCX can show the millions of new users to crypto in the next year that this upgraded Bitcoin is a faster smarter and safer Bitcoin then the current slower version then expect to see astronomical growth.

In my eyes its like asking a homeless person would he like to continue to live in a city alley under a card board box and has a rat as a land lord, or come and move into the holiday in and get some free room service and have the cleaning ladies come give you a massage after they clean up your dirty ass in the tub.

These are my opinions based on whats happening around town.