I read somewhere for example that many people are trying to encourage CCEDK to put a gambling link into OpenLedger. While I'm not against advertising which includes gambling, I don't want to see the Bitshares community make the same mistakes of the Bitcoin community.

Psychic costs include for example the lack of privacy. Many people will not use Bitshares if all their transactions are public because it adds an additional layer of stress and concern. Transparency has a psychic cost.

Psychic costs include legally controversial features, and it is for this reason that Bitshares should never be directly associated with gambling. Doing so would create unnecessary psychic costs for the Chinese while offering nothing that Bitshares community users can't do off the blockchain. In addition it also brings risks to the developers even in the United States, and could be misconstrued in the same way that Augur was presented as as "The greatest gambling platform in history".

In my opinion part of the design of Bitshares, from the interface, to compartmentalization, to unnecessary legal risk reduction, all can contribute to lowering psychic costs. Lowering psychic costs can increase the rate of mass adoption. To market Bitshares and make it successful will require allowing people to use it guilt free, to use it with low psychic costs, at least as low as Twitter or Facebook. And finally the Bitshares team should figure out ways to increase the psychic benefits, this would make Bitshares sticky, and just like Facebook and Twitter offer psychic rewards and other intangible benefits, Bitshares will have to do similar.

In managerial economics, economists examine the issue of psychic costs and benefits.[1] An example of a psychic cost is the guilt that a US-restaurant-goer feels if they do not make a voluntary tip to a waiter. There is no requirement for the client to give the tip, but if they do not, they may feel bad when they leave; to avoid this psychic cost, people are inclined to tip, even if the service was sub-standard. On the other hand, a psychic benefit occurs when one of the rewards of an action or choice are non-monetary.

https://en.wikipedia.org/wiki/Psychic_cost
https://reason.com/blog/2015/08/11/augur-gambling-prediction-ethereum

From the look at the price it's at the cheapest price it's ever been, even cheaper than it was at the Protoshares stage. Anyone buying now would be buying in at the early adopter prices.

And eventually the price is going to go way up again, just as it did with Bitcoin, Litecoin and any of the others. As long as the developers continue to add utility, improve UX, improve the UI, these low prices will not be sustainable.

At the same time Ethers are cheap also, but at $1 people might not get as much ROI as they could get in BTS. This makes BTS as underpriced as it is, a very good buy at this time. At the same time if anyone can earn it, it would be very wise to hold onto it.

I did some math, and Ethereum could someday be $50 or $100 each if the market cap gets high enough and it probably will. Bitshares on the other hand could someday reach 50cents to $1 each, with a reasonably high market cap. This would mean you could acquire potentially $200,000 worth of Bitshares for the price of 1 Bitcoin?

You would think every Bitcoin holder who has more than a few Bitcoins would put at least 1 BTC into Bitshares, but it is likely the Bitcoin distribution is extremely centralized, and this would explain why we don't see that. On the other hand with a fiat onramp you might not need BTC to acquire BTS and if people are willing to earn BTS you also don't need BTC to acquire BTS.

The rise of Ethereum, SAFE Network, NXT and others will also have interesting implications for BTS. Altcoin holders might be more likely to diversify, and individuals who feel that Bitcoin is too expensive might be more likely to diversify as they have in the past.

A prediction I'll make is that December-Janurary will be the best months to acquire large stakes in BTS. Save your money for those months.

SEC Approves Title III of JOBS Act, Equity Crowdfunding with Non-Accredited

http://www.forbes.com/sites/chancebarnett/2015/10/30/sec-approves-title-iii-of-jobs-act-equity-crowdfunding-with-non-accredited/
I wonder what Bytemaster and Stan think of this?

A training site which seems geared toward affiliate marketers.
Something like this could be useful for the Bitshares community at some point.

Is this like what Max is working on with Success Council??
https://my.wealthyaffiliate.com/

http://cointelegraph.com/news/115447/breaking-eu-court-rules-bitcoin-exchange-is-tax-free

So this might have some impact on the fee debate. When you consider the fact that taxes are lower for certain demographics they might be willing to pay higher fees. At the same time Americans also will gain exposure to global opportunities, while today it's very difficult for Americans to invest in Chinese stocks. Americans on the other hand also might have lower taxes depending on what they trade and how courts treat it.

These are all selling points. People in the USA rely on ETFs specifically because it's more tax efficient.

If I got any technical details wrong please join in and correct me.
The opportunity is for a gateway to offer conversion of TradeSAFE into Safecoin.

https://forum.safenetwork.io/t/trade-safecoin-on-bitshares-2-0-do-you-want-it/5626/6

https://forum.safenetwork.io/t/we-need-a-new-exchange-asap/5574