BITSHARES: A HUGE YEAR COMING FOR BITSHARES

safvan (49)in #bitshares • 7 years ago

I’m sure most of you on here know this but just wanted to share.

With all the theories going on with insider trading with Coinbase, exchanges pumping prices, and future government regulations, it’s just a matter of time before people start losing trust and faith in the centralized exchanges (especially if these theories are true).

With BitShares DEX, since the whole exchange is decentralized, these problems are eliminated.

There are a lot of other benefits to BitShares that you can research on the BitShares subreddit, but I see this being the future of the crypto market that could actually be adopted by large banks and used in the future.

With only a $1.6B market cap and the price around $0.60, don’t miss out because I predict this coin going over $100B+ market cap someday putting it at about $60+ a coin. A $1000 investment would be $100,000 if it reached that high.

I’ve read that with the growth of the crypto market, some analysts predict it going as high as $800B market cap putting the price at $300+

If you’re looking for the next bitcoin, this is it. I have about 70% of my portfolio into BitShares.

Check out this guy Haejin, he seems very bright and is very bullish about BTS

https://steemit.com/bitcoin/@haejin/bitshares-bts-long-term-forecast-usd342

If You Invest in BitShares?

Like with most cryptocurrency projects, the investment story for bitshares focuses on the success or failure of its stage. BitShares has been around since 2014 developing its platform which allows users to digitize “real world” assets and exchange them on the blockchain in a decentralized way. In case the digitization of traditional assets and securities becomes industry standard in the financial industry and when BitShares manages to turn into 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 planet’s first blockchain powered conglomerate, which relies on BitShares technology. OpenLedger hosts many jobs, for example GetGame, eDEV.one, and Apptrade; GetGame relies on game-related notions with a focus on VR, AR and blockchain-based creations, whilst eDEV.one is a freelancing platform based on blockchain technology.

Having said this, the competition from established foreign exchanges who are working on a similar blockchain-based solution could become a threat to BitShares success story. If BitShares doesn’t manage to outcompete other marketplace participants, then it will be unlikely for its native cryptocurrency to “visit the moon.”