@lil_jay890 When you look at the top 10-20 on coinmarketcap one could say they all "suck."  Bitcoin has the first mover advantage however BTS and yes Steem are the only ones doing something different with real world use cases.

I did see in the troll box yesterday, OpenLedger mentioned a GUI revamp being done this month.  People do not understand bitcoin and when they load up bitshares, it's simply overwhelming.  I would hope to see the GUI revamp increase new user traction/retention and thus should drive up the price of bts.

Hi @ccekd, @ccedk_pro, Ronnie,

Hokay. If sharedropping wins the vote, we better not see any of the profit going to the accounts "obits" or "ccedkbts" or "ccedk-cold" or related accounts. The OBITS in those accounts should not be calculated as part of the total. right?

That would be outrageous. PLEASE ASSURE US that trying to change this thing to sharedropping is not a scam.

Thanks in advance.

-Kendall

Quote from: lil_jay890 on September 14, 2016, 02:10:58 pm

Quote from: EstefanTT on September 14, 2016, 01:24:07 pm

You forget that smartcoins uses collateral in BTS. The need for stable crypto asset will rise and these markets will grow.
BlockPay will probably help with that.
Each BitUSD is 2$ locked in BTS.
One million BitUSD in circulation means 2 millions $ in BTS bought. How much do you think the bts price would increase with ppl buying for 2 million $ of BTS ?

The plateform is perfect for creating all kind of index, baskets, ... which will also contribute at locking more collateral.

With a good commercialisation, I'm conffident that bittwenty could bring signigicant value to BTS.

The referral system may also take off later when we reach critical mass. That will also bring more fees.

Stealth transfers will also bring more fee to the system.

The other features still to be implemented ( as the bond market ) will also produce lots of fees.

There is also the unknows. Anytime, a new company can implement itself on top of BitShares and develop a new feature using the FBA.

IMO, your view on the BTS potential is too pessimistic.



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Unfortunately there is no real plan to make BTS profitable...

I'm not saying the potential of the BTS platform is bleak.  I'm saying if you are a BTS shareholder, the potential of the token value increasing is bleak.

In my understanding there is a reserve pool where these fees go to. Where they are effectively out of the market. This should directly effect the price for each individual bitshare and IS the mechanisms by which value is transferred back to token holds. That correct? So it is not a dividend, but a kinda temporary burn. How temporary depends on the network participants.

Only with the approval of the predefined threshold of BTS token votes will these tokens be paid out (diluting the market). Yet, in theory, this will only be done when those with the most interest in long term value decided to let the network spend these reserve tokens.

Thus, I do not see your point as to the worthlessness of BTS tokens from a fundamental value perspective.

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You forget that smartcoins uses collateral in BTS. The need for stable crypto asset will rise and these markets will grow.
BlockPay will probably help with that.
Each BitUSD is 2$ locked in BTS.
One million BitUSD in circulation means 2 millions $ in BTS bought. How much do you think the bts price would increase with ppl buying for 2 million $ of BTS ?

The plateform is perfect for creating all kind of index, baskets, ... which will also contribute at locking more collateral.

With a good commercialisation, I'm conffident that bittwenty could bring signigicant value to BTS.

The referral system may also take off later when we reach critical mass. That will also bring more fees.

Stealth transfers will also bring more fee to the system.

The other features still to be implemented ( as the bond market ) will also produce lots of fees.

There is also the unknows. Anytime, a new company can implement itself on top of BitShares and develop a new feature using the FBA.

IMO, your view on the BTS potential is too pessimistic.



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Quote from: nomoreheroes7 on September 03, 2016, 02:27:28 pm

See this is why Steemit was a kick in the nuts to BTS investors. Our community and resources were basically raped and pillaged over to Steem.

"Not going to compete with BitShares" my ass.

I had a long skype conversation with @roadscape when his Cryptofresh worker was voted out.

That worker had been paying him a very meager salary for the building of cryptofersh and for its maintenance and upgrades (especially considering the long hours and on call, round the clock, nature of the work he had been doing). He spent huge amounts of uncompensated time on developing Cryptofresh before he asked for some worker pay for maintenance and upgrades. He was absolutely dedicated and was thus devastated by being voted out.

Steemit has given back to @roadscape his confidence, dignity and some remuneration for his efforts. All the things that were not given to him by Bitshares "investors".

Some Bitshares "investors" appear to have have kicked themselves in the nuts. Unfortunately, the consequences of their actions are not confined to themselves but have hurt all of us loyal bitshares holders.