I am impressed... congrats to the devs!
Is that... $0.30 BTSX I smell on the horizon?
You really have to wonder how quickly BTSX will climb if bitUSD/CNY/GLD/SLV all start gaining traction simultaneously.
The positive feedback loop would be quite a ride - a few hundred million or a couple billion in each asset would make $10 BTSX a reality very quickly.
These numbers are totally unrealistic. I think over 3-5 years it might be realistic to see $10 but not this year or next.
Yes, it will take a couple of years for the platform to mature and bitAssets to compile enough of a history for folks to trust the pegging mechanism.
Once bitAsset demand picks up the rise of BTSX is going to be something to watch - $1 -> $10 will be epic.
I'm still plugging $1/BTSX by Q1 2015.... perhaps $10/BTSX by 2016 if all goes well.