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RE: Kraken: Incompetence or Manipulation?
I learned early to stay away from centralized exchanges - through bitter experience (mt.gox related). But I guess each new wave of crypto adopters is going to have to learn that for themselves by getting burned (at least until decentralized exchanges become as easy to use as the centralized ones - everyone wants easy).
That being said, if you are new to crypto and want safety over ease of use (for now), come to bitshares. You won't regret having gotten there before the masses. In fact, by this time next year you will be absolutely thrilled that you had made that choice!
why bitshares
do you think the exchanges could be down because btc transactions are backed up? do you think the btc blockchain is having issues dealing with the new volume?
Well, for a starter, bitshares is a graphene technology chain (like Steem) and can handle the transactions per second requirements of global business. No other (de-centralized) chain that I know of can.
A big concern also is all the projects that are going to be hit by regulators in the coming year. Bitshares has been determined to pass the test that it is NOT a security.
And as fiat currencies fail, and they will - the petro dollar is doomed, and the ico mania ( just like the dot com tech bubble) of this year fizzles out, the flight to safety will be to the smart coins on the bitshares chain. Other supposedly pegged assets are backed by nothing.
There are many other reasons. It is well worth your time to do some research.
Thanks this is helpful, I don't understand what you mean by graphene technology chain? I thought grephene was a molecule not a type of program? I must be behind.
What are the smart currencies on bitshares do you think? I'm looking for something to move some of my steem into.