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RE: HERTZ - Next area of investigation prior to production!

in #bitshares7 years ago

Wow, that was actually a very detailed and thought out response, thank you for that!
Now, when I think I understand the basics, you opened my eyes to another serious problem - when the Hero campaign end and BTS will reach the promised price, a whole lot of people will dump it for profit. The safest option is to sell for bitusd as it is a stable coin and noone knows how the newfound popularity of bts will affect, say, btc. But since there are only 3mil bitusd most of them won't be able to sell because the supply will dry up. Maybe then your token will come in handy too

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when the Hero campaign end and BTS will reach the promised price, a whole lot of people will dump it for profit.

I honestly don't see a problem here, if BTS is $333ea then Bitshares will be on a whole other level with a $1.2 Trillion market cap...

The safest option is to sell for bitusd as it is a stable coin

HERO is a stable coin, it appreciates in value and is as safe as bitUSD. Likewise, HERTZ isn't unstable as much as it predictably fluctuates in value.

But since there are only 3mil bitusd most of them won't be able to sell because the supply will dry up. Maybe then your token will come in handy too

Indeed, hopefully HERTZ will be able to provide far greater liquidity than bitUSD.

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