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If we reach a market cap 10x what we have now, each fully paid delegate will be earning 30 000$ a month. That means we can have potentially 100 teams of people all around the world working on developing, designing and promoting BitShares.
If we can hit a critical mass like this (it could even be less) and sustain it for awhile, then this thing is "game over". Continued growth will be inevitable and no one else will be able to compete.
Current status for OIL feeds:
Market inactive: Insufficient number of active feeds
ASSET INFO
Asset ID: 5
Issuer account: MARKET
Asset Symbol: OIL
Full Name: Light Sweet Crude Oil
Precision:10,000
Registration Date:Jul 19, 2014 3:18:40 AM
1 barrel light sweet crude oil
Source: http://bitsharesblocks.com/assets/asset?id=OIL
There are 2 feeds up for this at the moment. Any delegates looking into developing more feeds for oil?
Why not create a bitUSD tipping bot which would work exactly the same way as current bitcoin tipping bot on all of reddit?
No point in tipping people who are already readers of the bitshares subreddit; they've already found bitshares - better to get people who don't know about it, talking about it.
I discovered Bitshares during the PTS/AGS funding rounds and did read up on it and invest some money.
Now that the Bitshares client is out everything seems to be coming together and I think it has huge potential.
The pegged assets are fascinating but they almost seem too good to be true however I can't see what is possibly wrong with them at the moment?
I do have some concerns though:
- I read up on the recent dilution - with invictus innovations running out of funding due to the BTC price fall, could this happen as a method of fundraising again?
- There is a risk of hardforks and possible roll backs. If I were to buy bts, could a rollback result in me then losing all of them?
- It is still way too complicated for the average user to get involved - only crypto enthusiasts find it logical. When we reach v1 are there plans to make bts more user friendly (ease of securing bitUSD/bts & acquiring)?
Yup i'm working on some shopping cart plugins so e-commerce customers can plug into the bitshares world by accepting BitUSD/BitEur/BitGDP etc etc so it will be seamless integration, aslong as they accept a fiat currency they can accept the bitshares asset equivalent and the plugins will handle everything for you... this will enable customers to not have to "change" their way of doing business too much other than accepting bitshares assets(and adding in a bitshares plugin to the e-commerce shopping cart on their website) and converting them to fiat through BTS and then BTC if they really want, like to pay off suppliers etc.. but I'm guessing people will more and more likely intend to stay within the asset because it pays interest and BTS should rise, so converting to BTS from BitUSD etc.
