This is getting nuts. I am starting to doubt my investment.
It's all about perspective...
You could also say BTS is the 4th largest crypto in the world. Despite not even releasing 1.0 yet, having very little marketing to date and despite having a lot of big PR snafus in the last few months.
Currently a lot of development is going on and that's despite hardly any of the delegate positions being filled... BTS could be a formidable, unstoppable DAC once it gets off the blocks again.
I have a much lower % investment in BTS, than some other DACs but a much higher $ amount.
So I'm bullish on BTS though not as much as I was on BTSX early Oct, I was happy to bet the farm on that for the next 12 months.
I think it's important to hedge your bets & it's fairly cheap to do so. I'm uncertain whether the community is better served by pushing out every competitor DAC or attempting to keep a greater BitShares brand together in some form.
Bitshares has already cornered the bitasset market. We have 1 million bitUSD and decent liquidity. There is zero chance PTS will be able to threaten us in this area. Their lack inflation means they have no means to advertise the products to real users, and they will only ever appeal to investors who think there's a bigger chance it will get sharedropped on than BTS (which admittedly our own developers have now set a really bad precedent for - but we will be able to fix that easily).
Once we start getting gateways after 1.0 you'll see there's no chance they will catch up as a trading DAC.
That's like saying Bitcoin has a $3 Billion CAP and a monopoly position and they can never be threatened. I agree it's unlikely though especially if BTS retains BM.
Regards advertising their products, I've already offered them my BitAsset video,
http://m.youtube.com/watch?v=iygIMZL-H-8 instead rebranded for PTS for free if they considered adding BitAssets. That's my first video in 6 years, they will get better and I'd happily create a package of videos and commercials for them to cover all markets. Not much in the grand scheme of things but the point is people will work for less/free for projects they're more ideologically aligned too or were as to get a bigger % in for cheaper, so I wouldn't write them off completely.
BitReserve realising their business model is pretty weak and they'd do better forking BTSX and directing their business and marketing talents towards building something like that concurrently & creating synergies with their current model is a bigger threat though imo.