Why you should begin to look at Bitshares, Steemits' older brother

in #bitshares8 years ago (edited)

Ofcourse you are now a Steemerian or Steemian, but have you heard of Dan Larimers
previous project called Bitshares. Bitshares is a project you should be aware of because
if Steemit is for the blogging community, Bitshares is for investors, business people, traders and other
business focused people.

Why is that? Well Bitshares always you to crowdfund. Bitshares has something called a "User-Issued Assets." Basically you can bootstrap a project on Bitshares and receive donations in exchange for your tokens.
In simple terms, you can make your own investment fund, or receive project capital. Right now a company called
CCEDK is building out Bitshares for people to crowdfund. You can go to https://www.ccedk.com/ for more information on their own tokens or contact [email protected] to get them to crowdfund your token. There is a payment involved to CCEDK but its not huge, and that is if you want them to help promote your token, you can always build your token yourself.

Bitshares also has "Price-Stable Cryptocurrencies" or "SmartCoins." You can hold US Dollars, Yuan, or even Gold backed by Bitshares. This means if you want to hold real world currencies with your crypto dollars or Steem Dollars you can. It perfectly complements your Steem holdings. Right now there is a few Bitshares mobile wallets being done by http://www.bitshares-munich.de/ or Moonstone.io to be able to make transactions directly with your Bitshares or US Dollar backed Bitshares.

So if you want to raise money for an online or offline project or hold real world currencies you can go to Bitshares to help what your trying to do.

Bitshares is also almost instant, much like how Steem is. Transactions are processed very fast, in about 3 seconds, and the network can process 100,000 transactions a second if ever needed.

Also Bitshares has transaction fees at about 0.1%. This is unheard of in the real world where Visa charges 0.8% to 2.5% for merchants depending on the country. Transaction fees can be as low as 1 cent. This can help for micro-transactions.

Here is some secret information. A lot of Steem Whales are Bitshares holders. That means if Steem succeeds you better believe the Whales will make Bitshares go up, and go up big. There is already talk in Bitshares groups about reworking some aspects of Bitshares to make Bitshares as great as Steem.

For more information on Bitshares go to http://www.bitshares.org

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Thanks for putting everything so succinctly. I only downloaded BitShares yesterday. The interface is beautiful. Actually the whole thing is very refined. Bitshares on the up and up the last 3 months. Hopefully that trend continues.

I wonder how long it will take before it stagnates. Hopefully it doesn't go up too much before I have the chance to purchase some steem power.

Do it. It's cheap and early.

I'm broke and my pay is next week unfortunately. Obviously it won't be too late. I wish I got in earlier though.

If you're broke you might not want to lock your money away for 2 years...

how much is cheap?

For BitShares? Anything under a couple of cent IMO. Right now its like half a cent.

I have held bitshares since day one.

Check out some of my videos here to learn some really in depth stuff about bitshares, Daniel, the blockchain, and the future.

[Video Interview] Daniel Larimer: Philosophy Of The BlockChain

https://steemit.com/blockchain/@michaelx/inside-the-mind-of-daniel-larimer-where-can-blockchain-technology-take-us

bitshares is great and will soon be a success, I already bought some.

Here i put all the best STEEM links in 1 Place check it out
https://steemit.com/steem/@nioctib/best-steemit-links

Great points and thanx for the mention teamnearandl :) Definitely Upvoted!

Thats why I have faith in Steem so far. If Steem were to fail it would look very bad for BitShares as well since he created that too. So far everything seems to be going good AND this is potentially getting users looking at BitShares if they are not already. It certainly has my attention now especially since I am a long time holder of Bitcoin since 2012, Ethereum and now Steem. Might have to pick some up.

Thank you for sharing all this info about bitshares! I will look into bitshares a bit more.

I heard a few times about BitShares but never to this extent. Finally i have a better idea of what this thing is all about. Thank you for sharing.

i think steemit will be bigger than bitshares will ever be !
so i am sticking with my Steem$, Steem and Steem Power !!!

BTS is very cheap imho, open your bags 8]

Super cheap! Doesn't hurt to grab some and hold.

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