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RE: Vesting Bitshares in Short Supply - Social Contract Near Completion - The History and The End Of An Era
Perhaps more important than the vesting merger shares being exhausted, is the fact that bitAssets such as bitCNY and bitUSD are becoming more widely held. And since BTS must be held in collateral to back such assets, their adoption means increased demand for BTS and therefore a rising price. It's a good time to own BTS.
You have brought up some interesting points that i had not looked into; Thanks for the tip :)
Just checked BitCNY now and you are right the market cap has increased 300%+ in the last 6 months with most the rally happening in the last 3 of months.. and as you mentioned given that the Asset it self is backed by collateral in BTS!!
I 100% agree with you last statement already and now even more so..
Yes. As a matter of fact any bitassets that do this essentially lock up the supply from being traded on outside exchages. This is one of the big reasons i think bitassets are bitshares killer app. It makes bitshares capable of calling themselves a truly decentralized exchange.