Everyone should have a stack even just to tip crypto newbs and make friends, people love it!

Indeed.  the amount of happiness I have felt after having been tipped three cents worth of DOGE is highly irrational!

first popular coin that finish mining time.

Yeah this basically.  DOGE had high inflation for all of its existence but its about to have low inflation.

Obviously we know that no inflation is better.  But there are still tons of people who love proof of work, as DOGE has a great proof of work setup - low inflation, but network power supported by the larger litecoin.   They get good security while only having to pay for part of it.

The DOGE rally started with the AuxPoW announcement.  It was in a very severe bear market where it lost over 95% of its value, and then finally broke the downtrend. 

I actually made two DOGE trades this month that allowed me to get some more BTSX.  I bought it at 40 when it first broke the downtrend line, and rode it from 40 to 90, then bought again at 63 and sold this morning at 110.    I found DOGE to be REALLY easy to trade, because its community is so inexperienced at trading.  They are so predictable!  I might have sold too early at 110, but I wanted to make sure I could get as much BTSX as possible, because it looks like it might have begun moving up again. 


Everyone is saying now that DOGE is rallying because of paypal news, but I think that really it is rallying because it broke its eternal downtrend, and it is getting close to the end of its hyperinflation period.   Pretty soon DOGE is going to have less inflation than Bitcoin!  (Until bitcoin halves again). 

Does that answer you question?  I understand that the community is working hard on BitsharesX right now.  But is the plan to make a succession of competitors?  If so, the future of BitsharesX looks bleak compared to Bitcoin...

The plan is not to make competitors to Bitshares X. 

The new DACs that are under development, which you will get shares of if you own PTS, serve very different purposes:  Bitshares DNS, Bitshares Vote, Bitshares Music, etc.  They are not competitors to BitsharesX. 

These other projects are being worked on by other people than the core dev team of Bitshares X.  (I think?)


To summarize:
Bitshares X is the stock market and derivative exchange DAC.  It is being worked on very hard by the dev  team.  If you want it, you need to buy BTSX.

Other DACs are being worked on as well, which do not compete with Bitshares, but instead serve other functions.  If you want in on these, you buy PTS.

Backend is most important because that will allow me to run bots.

Any idea on the timeframe on releasing these bots?  Having bots doing market making in bitUSD will be HUGE.

Thanks Bytemaster!

(Its pretty cool that one can ask a question and get a response from the developer.  Feels like its 2009 and I'm getting a reply from Satoshi.  We are still very early in the game!)



So the distributed autonomous corporation of BisharesX has just begun, and its already making a profit!    You can't say that for most startups.

An instant revaluation?  Then bitassets go to 0 value.  A slow fall toward 0 over a month?  Then shorts will have covered and bitusd holders would have sold for usd.

That is somewhat concerning, given that over its history bitcoin has had a few flash crashes where it lost a huge portion of it value instantly.

Are there any mechanisms in place that could help maintain order in a scenario like this?  Perhaps the delegates wouldnt all update feed prices to represent the flash crash, and things could proceed more orderly?