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RE: Charts and Chicken Bones - BitShares (BTS) looking strong

in #money8 years ago

OpenLedger is the biggest decentralised exchanges running on Graphene, the tech behind BitShares, Steem, Muse and Peerplays. There are others, anyone can set up an exchange powerded by BitShares.

BTS is, indeed, "the fuel". To be more precise, it's the currency of the plateform. All you want to do in the platform, buy, sell, borrow, create currencies, collateralize stable assets, ... is using BTS.

One of the main reason why BTS holders are so thrill about the future of BTS is its architecture. As BTS is used a lot in the plateform, the share price increase can be huge. Any stable asset (BitUSD, BitGOLD, ...) use important quantities of BTS, a lot will be held in collateral . The more BTS grow the less BTS will be available, the higher the price will go.

BitShares is not only a decentralised exchange, it's much more ! It's more like a decentralised master bank where you can do all kind of operation. Here is the main ones : Price-Stable Cryptocurrencies, Decentralized Asset Exchange, Industrial Performance and Scalability, Dynamic Account Permissions, Recurring & Scheduled Payments, Referral Rewards Program, User-Issued Assets, Stakeholder-Approved Project Funding, Transferable Named Accounts and delegated Proof-of-Stake Consensus.

Liquidity is growing since the launch !

you can see the volume of the most traded assets here :

http://cryptofresh.com/assets

and a nice live chart (10 sec to load it) here :

http://cryptofresh.com/charts

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Thanks for that @glitterfart! Far more detailed than mine :)

Takes forever to load on my side, but the chart looks promising

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