Multiply the BitUSD supply by 3x and that's your realistic BTS market cap. Quite disturbing BTS is currently worth $300K if you take out all the speculation.

I envy the 1280 buyer.  He will always be able to say he bought the cheapest BTS ever.

I actually got the cheapest BTS ever right when it went live. at 1251 I think on BTER. then I got out around 8000. Now I had some re-entry points that got hit cost avg 1550 I think. Can't complain.

My guess: the hard core believers in BTS are the ones that short BitUSD and provide liquidity. Now they are being affected, and leaving BTS altogether, cutting their losses.

There is no spoon, only fork. Bytemaster is Neo.

In math, they call this "traveling salesman problem"
and it lacks half of the continent together with the other 4 continents to become a *perfect* roadtrip

It supposedly hits all 48 continental states. My point was to organize a group that takes that trip together, and in the process try to use BitUSD to barter.

i.e. if you are already one of the people taking that trip, might as well spread the word.

Of course for this to happen you'd need a killer mobile wallet working first.

Do you mean to say that if an extremely large settlement request is made, global community awareness of the pending settlement means that the requestor cannot as easily manipulate the BTS market price at the time that settlement occurs? Hopefully this equally prevents a whale short with the lowest collateral from also being able to manipulate the price to their benefit.

Thanks for the clarifications. While it makes sense to me now that a delay period is the prudent thing to do here, I do wonder what commitment the community actually has to prevent such a manipulation, when it won't be clear whether erratic price movements are manipulation or the real thing. While I'm not recommending this, I wonder if there are other things that can be done to thwart manipulators, such as having a random element in the settlement timing with an alert once complete.

Well, to clarify, that's my interpretation. Also - I think the "commitment" will come naturally, because inefficiencies in the market will be taken on by speculators.

First off, I know nothing about marketing, so please feel free to build on this idea, it is very rough around the edges.

I'm looking at this trip suggestion here: http://www.shareably.net/perfect-road-trip-map/

What if people started an infinite never ending loop following the path of that trip, to help people who want to go on that trip collaborate, and also start providing accommodations locally, heck may be even using BitUSD?

I.e. like a perpetually moving community hitting all states at once and growing. Raising awareness and building a community is probably one of the keys to success for crypto adoption. Hopefully folks who recently did the road trip could share some light on what works and what doesn't.

It could help build the sense of community, combine Uber, AirBnB, etc. into one. i.e. ability to collaborate and coexist entirely using a crypto, while also making it fun.

My favorite depth of market view is on bitcoinwisdom 15M chart.