Ok, I want to give you a vision and the reasoning behind it, why BitShares might have enormous potential in its CURRENT state.

I am very sure for myself that the entire crypto-marketcap will go from the current 15 Billion USD to a 100 or 500 Billion marketcap. I do not know which currencies will contribute to it, if it is Bitcoin, Dogecoin, Ethereum or The DAO... but I am quite sure that within the next few years the total marketcap will skyrocket from the current 15 Billion.

If we assume only a 100 Billion USD marketcap and there is no exchange which runs away with the money of their users:

• reaching 100 Billion some of the Bitcoin users, who know more than latecomers, will diversify into the second tier of cryptos, some will buy into BitShares... I think this can easily be 1-5 Billion... I suppose that even current permasceptics will run out of shares to sell very soon.
• there will be many times more volume searching for a counterparty-risk-free smartcoin like BitUSD, so liquidity starts as premiums for selling bitUSD will go higher because of demand, as BitShares rise because of demand shorting bitUSD will be more interesting than in a falling bitshares market, tying bitshares as collateral
• everything depends on SmartCoin (bitUSD/bitCNY)demand in my eyes... fees and so on I really do not see this as something crucial for the marketcap... they might even be ZERO...
• the only serious USD smartcoin is bitUSD... NuBits are out of the race leaving everybody broke already...

If we assume only a 100 Billion USD marketcap and there is one or more exchanges who run away with the money of their users:

• people will consider storing their wealth instead of MtGox in part in bitUSD, how much might that be if the cryptomarket is a 100 Billion worth.. no idea... but assuming they want to park 2 Billion... than Bitshares has to skyrocket to at least 10 Billion marketcap in my eyes

Please... this is only a vision... do not base any investments on this. Many will argue that the 15 Billion Marketcap is already too high and that it will come down in short time... Also all the cryptoprojects are loosing money right now or deluting... be it Bitcoin or whatever.
Others say that now the exchanges have proven to be trustworthy and that MtGox is already forgotten... newcomers might not even know what MtGox is... So even entrusting these exchanges with 100 Billion USD in cryptos and another 50 Billion in trading money in FIAT might not be a problem. So if these points are what it is... than surely there is no need for a DEX and you should all dump before it is too late...

Imho this is not the case and that we just should give it some time and thanks to the witnesses and so on who manage so beautifully that the 3 second blocks work without a hickup.

 

Overall Bitshares has the most advanced and fascinating technology. But there are some things where I think that BitShares is not moving in the right direction.

1. BitAssets: Total feed dependence instead of pure market logic like in the beginning. The result can be seen when looking at the marketcap of BitUSD. There was a time under the old system where 1.5 million bitUSD existed, which now has shrunk over 90%. Bytemaster hated the fact that there was not enough liquidity in order to exchange huge amounts of BitUSD without effecting the internal market price. But this is no problem in my eyes, this gave opportunity for getting sold BitUSD below the feed price, creating profits which where able to attract people to this marketplace. If not enough collateral would have been put up, so what... somebody gets margin called... others can learn and put more collateral that is it...
Then Bytemaster forbid transactions which were too far from the feed price away, limiting profit opportunities, and this caused people to choose to not participate in this market. Also rule changes are very damaging. People like to have stable rules if they invest in something.
But right now the rules have once again changed as far as I understand it and new changes are already been discussed for the future. So if somebody is holding a BitAsset he does not know what is coming... even negative interest rates are been discussed, following the lead of central banks.
Feed errors like the one experienced today causing problems are not acceptable either. The whole feed system should be abolished as it was in the beginning.

If somebody wants to test some new approaches these should be tested in new, different BitAssets. "BitUSDguaranteedLiquidity" for example., so people who want to choose to stay with the initial system would not have to close their positions in the old system.

2. It seems like Reddit is only allowing posting links to other websites, above all this old bitsharestalk forum: Reddit is really superior compared to this format here. To attract new users, they should be allowed to post their stuff directly in Reddit. Not sure, why someone would force everybody to use an outdated system and register themselves there... The tapatalk application is also horrible...

I really wanted to post this, as I feel sorry when looking at the current state of affairs... I am not able to read constantly thousands of pages of stuff regarding the changes in the market mechanism. So if there is some inaccuracy please correct me. But have in mind that 99.99999% of the people do not have the time to follow these and just do not even start to read if they know that the rules will change in a few months anyway.

So this is my opinion which I wanted to share in a constructive way hopefully.

Soebody knows what do I have to change to launch in real network and not in Test Network? Can somebody correct what gets downloaded on Github?

Thanks.