RE: EOS is a bloody bargain right now - Conservative price targets
Thanks John, I hear the guy's Dad is a bit of a gun too - apple doesn't fall too far from the tree it seems :)
I really like the Bitshares exchange, I just wish it was more liquid. I often find it difficult to buy BTS in quantity - in your opinion, what is the best avenue for buying volume? It would be great to eventually see it on the EOS network and wider adoption.
We recently launched a UIA on Bitshares to remunerate our staff for their work on @MinnowBooster and @SteemVoter. The token allows holders to bid for a stake of BuildTeam's monthly profits in an auction process. It is doing really well, early adopters paid around 7 BTS and received ~1.75 Steem per token bid in the first auction.
If you'd like to know more, you can check out my latest update on the market and current supply, or check out our announcement post.
Regards,
Bulleth.
Bittrex is pretty much the only place to buy BTS in quantity right now. Polo has volume but they disable withdrawals randomly and if you don't already have a verified account you are stuck at $2k per day to withdraw, huge pain in the ass.
@stan is doing some interesting stuff with the HERO token and his goal is pump BTS to $330 in 12-18 months. So far he has been heavy on hype and light on results, but it does sound like there are big things happening in the background. We will see.
Liquidity has been growing slowly but a DEX by nature does not have direct on/off ramps for fiat, which is the current reason everyone is still risking centralized exchanges. The biggest news for liquidity is Bitspark announcing they are going to run their entire remittance business on the DEX. This could be a complete game changer and bring millions of dollars in daily volume to the DEX.
Congrats on your UIA! I'll check out your posts and see what you've been up to...
Thanks for the tip re: Bittrex - I have been having issues well below the 2K mark trying to secure BTS, a couple hundred dollars moves markets. The last time I purchased with a few hundred AUD via ETH, I paid a 50% premium when all was said and done.
Understand the difficulty of decentralized exchange and fiat on/off ramps though. For now I just fund my account with Steemit revenue.
That is rather interesting news about Bitspark, BTS incredibly cheap if that sort of volume eventuates ...
If you send me your Bitshares address, I'll send you some free BUILDTEAM tokens so you can have a go in the next bidding round :)