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General Discussion / Re: Why BTS is falling like this?
« on: November 18, 2014, 05:16:02 pm »It's been falling since this thread & it's impact started setting in...i missed this thread... its somehow weird, looks like MLM scheme
https://bitsharestalk.org/index.php?topic=9603.0
I expect it to recover & still have a great shot unless they unleash a clearly flawed sharedrop strategy. BitAssets are just so freaking awesome, outside of development though, the direction BitShares has taken to keep key talent involved, passionate & not feeling constrained has come at a high short term price. They're probably worth it though. But if there's a credible competitor that looks pretty much exactly like Daniel's original vision for BTSX, BTS could be in trouble imo.
i think some people leaving because of concept change, look here
http://www.coindesk.com/bitshares-p2p-trading-platform-to-offer-dividends-on-bitcoins/
this article of august 2013 promoted P2P trading platform aka forex broker engine,
that was initial concept, now its transformed to open sourced system which have no value if there no liquidity,
liquidity can be achieved only through partnering with large brokers (as i see this)
if we going to avoid to compete with forex by changing concept i see no point to wait when BTS fall to Vaporware category
oh..i forgot there are 2 years until development will be finished..its our main milestone for now?
PS by forex engine i mean possibility to trade eur/usd straight without btsx in a middle because its impossible and useless for average Joe to predict how btsx rate will move over USD