Once interest is implemented and appears to work why not contact BitPay and whomever they are in competition with to see if they'll adopt BitUSD?

If BitPay refuses then go to their competition and offer the technology to them. If both refuse then it's time to consider starting a competitor service. It has to be made easy for organizations to accept BitUSD.

Here is an example of a virtual stock exchange https://secure.marketwatch.com/game/ .

But unlike that virtual stock exchange the Bitshares X stock exchange is a serious game with real money at stake.

Bitshares X can do the virtual stock exchange too but unlike the marketwatch game where if you do good trades and make millions of dollars you don't get to keep any of the money, with Bitshares and the birth of cryptocurrency you get to keep every penny.

The ultimate question the answer of which will decide if Bitshares X is a billion dollar industry or a potentially trillion dollar industry is whether or not we can find a way to turn virtual stocks into legal securities. In my opinion our community should make a serious effort to figure out ways to achieve that goal.

I think the way to achieve that is through integration with Wall Street, banks, and other mainstream financial institutions. They'll basically have to be willing to accept virtual "pegged" stocks as payment for the legal stocks. I think this is actually very possible because look at the success of BitPay?

The alternative if this isn't possible is people will make their millions on Bitshares X and be forced to cash out of it to move into the big leagues. People will be trading some pegged asset representing some new Silicon Valley company, then a big company like Facebook or Google will buy it and now the people trading the pegged BitAsset are going to want the real securities.

I think there is a limit to how much Bitshares X can scale before the greatest players seek diversification or to legally own assets. BitAssets only can go so far.

Am I the only one who sees this? If anything I hope Bitshares X can do something similar to market watch only if you win at the Bitshares X "serious game" you get to keep the money.

Coin translation

We need to enable the possibility of someone to send BitUSD to any coin address. Bitcoin, Litecoin, Dogecoin, etc.

• Coin translation between cryptocurrency A (BitUSD) and cryptocurrency B (Bitcoin) allows us to spend BitUSD everywhere almost immediately.
• Enhances the user experience almost immediately.

So as a user of Bitshares you could send BitUSD to a Bitcoin address, and the service translates BitUSD to BTC in the background. This in my opinion could enhance the power of BitUSD and allow us to spend our BitUSD anywhere where Bitcoin is accepted.

This might be possible with Ripple or with something else. Any ideas on how to do this?

http://www.forexnews.com/blog/2014/08/27/bitcoin-continue-downtrend-says-citi/
http://www.coindesk.com/banking-survey-65-us-consumers-unlikely-buy-bitcoin/

Market forces are pushing the price of Bitcoin down. Until now it was not possible to short Bitcoins.
Can we short BitBTC? I would think so. That would give us an exclusive capability.

The sooner we get BitBTC online the sooner we can take our positions. Delegates?

I know we have a general investment guide but it's not very focused. This thread is for people who believe Bitshares is very underpriced, should be at least $1, and who want to invest accordingly though the Bitshares interface.

A lot of us here think the price of BTSX should be at least $1 (some even think $10 is reasonable) and do not plan to sell below a certain threshold. Since a lot of us are bulls wouldn't it be helpful if there was a guide showing us how to invest in our self interest using the currently confusing Bitshares X interface? A Youtube video could accomplish this if anyone wants to provide the example on the test net.

In Bitshares X right now there is no built in help guides, no tool tips, etc. What we need is a guide which explains in plain english without complicated terminology like derivatives shorts, margins, market making. All of this terminology has to be explained because even seasoned crypto traders who might grasp the concepts somewhat will never have seen any market like this before.

Visual step by step guides are needed

If I think Bitshares is worth at least $1 then how would I go about shorting BitUSD to reflect my prediction?  If BitUSD crashes in price vs BTSX as bulls expect then at what point is profit made? Is it made only if it crashes to the point where BTSX is equal to $1 in BitUSD or are profits made all the way to $1?

Here is a chance for bulls who understand the terminology to explain what they intend to do, why, and how it would work in the Bitshares interface. One idea I could suggest if the help guides are ever included in Bitshares X is that the user of Bitshares X should be able to choose an investment mode.

Something like: Bear mode, Bull mode, Market maker mode.

Then from there the interface should adjust to the mode they are in to make it easier for the user. As it is now it's very powerful but it also seems very easy to mess up due to the interface having a lot going on. Having different modes would reduce complexity and help to adjust the interface to the needs of different psychological mind states of investors. In the future if there are information feeds then they would be tailored to these different modes.

The reason this is good is because the easier it is for people to figure out that they don't have to cash out anymore, they don't have to worry about fiat or even BTC anymore, the better it will be for all of our share prices. Less people will leave the ecosystem and if people get bullish it would reflect within Bitshares X.

We have the capability at least in theory to set up a Gateway in Ripple which accepts BitUSD for real USD. Users would be able to transfer their BitUSD to that gateway and have it go directly into their bank accounts.

This would be a game changing feature so it should be a high priority to implement it.

https://ripple.com/guide-to-ripple-gateways/

If we can get a Ripple USD Gateway up and running then onto the assets like BitGold, BitBTC, BitLTC, all which could utilize Ripple the Ripple gateway.

So we should start with BitUSD -> USD but eventually AnyBitAsset -> AnyAsset. This would in theory allow people to exchange anything through these sorts of setups but I don't know how easy it is to set a Ripple Gateway up.

If it costs a lot of time and money to set up then lets crowdfund it. Offer a token on the Bitshares chain which people can buy and once it's set up then everyone can get paid something back in gifts.

We should contact this company https://bitcoinatm.com/
and others to request they let us buy or sell Bitshares at the ATM.