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General Discussion / Re: Some loser dumping 200,000 bts on bter at 4840 satoshi
« on: November 14, 2014, 11:33:00 am »
You need to watch BTC38 more. There's millions of BTS dumped like they're nothing. It's crazy.
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the on/off ramp is sorted, jut not public yet.
If our stakeholders think that our 20% valuation is too high, then maybe we should put it at 10%. It would still be an approximate 1000% increase in value at current market rate and thus would be massively profitable for bitshares holders.
Hm...
I should just put some amount of BTSX publicly and post the transaction done from there on publicly.
No chance. Think about it, a lot of people that understand bitcoin very well do not even understand most of bitshares and are confused. The vast majority of the world population has either never heard of or has no understanding of bitcoin and its been 6 years now. What makes you think everyone is going to suddenly "get" bitshares and pour their life savings into it in only 5 years?
Secondly, it will take a very long time. It took Bitcoin four years to get where it is today. Unless you're the dude with 20million BTS (and are thus already rich) it's going to take a price of 50-100 dollars a BTS to get most of us rich. That would be a market cap in the trillions. To achieve that we need major worldwide adoption.