Wow that was quick:

TLDR:

BTS Roadmap:

1. "Free Transactions" is done!  BitShares is now (after next fork) officially the cheapest place in the world to trade period....

2. "Liquidity Subsidization" is next - we can all agree we need this because a bond market won't work without liquidity

3. "BTC/ETH" sidechains is going to be the next unique feature that will set us apart from everybody else in the world, and I completely agree.  The boost that this will give the DEX is evolutionary.

- subsidizing liquidity gives us a levering effect (for every $1 in we get a multiple of that in value returned) - (I would vote for this)

- placing orders on the books and hoping that they get filled (providing liquidity) is free
(only reward orders that get filled after 24 hours to prevent selling to yourself)(whales trade for free to keep them from dumping on poloniex)

- Once we have liquidity then we can raise the fees back up and make millionaires out of Long Term Members.  But the chicken has to lay the egg here.

- BitShares can become a sidechain of BTS or ETH but it would require witnesses to run full nodes for BTC and ETH.  This would make BTS the safest exchange for BTS/BTC/ETC/etc.  Also, we could, say obtain feeds from ETH/Augur

Cheers to the community effort that made this all possible!

just plunked another slug o fiat the world's only "real time freechain"

Because we have the highest barrier to entry (must have BTS to create a wallet that costs money), we must have free (rate limited) transactions to make up for the initial ridiculousness.

What I really mean is that if you haven't realized it yet, banks hate BitShares as much as they hate bitcoin (the number one undisputed crypto champion on the planet).  I take this bank hatred as a sign that we are on the right track.  I want to be like bitcoin (4 billion market cap), and I want to follow the same path as bitcoin, and this bank hatred (bitMarmot much) proves that we are on it.

Name one bank that is adopting bitcoin

Such is the curse of being the leader in your space:

bitcoin leads the remittance space
BitShares leads the Smartcoin space
Ethereum leads the programmable contract space

Name one bank that is buying BTC, BTS, or ETH gas to utilize their particular public platform instead of just cloning it for their own benefit (of owning and distributing all tokens). 

That is the "Private Blockchain" business sector.

BitShares, Bitcoin, Ethereum, is in the "Public Blockchain" business sector.

They are completely different businesses.

If we pivoted to the private sector, then it would like changing the direction of our company to become a restaurant, or a shoe retailer.

You are asking us to change our fundamental business model, and that will never happen.

The fact that bank IT departments are still too stupid to learn how to use Graphene, means that we will remain the leader in the "scalable real time blockchain space" for a while longer. 

BitShares is the center for exchange of the most liquid Smartcoins on the planet, in fact, it's the only place you can buy bitCNY.

If you want to join a community that loves suck banker wang, then open wide and join Eris Industries:

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

https://www.google.com/search?client=ubuntu&channel=fs&q=eris+industries+banks+preston&ie=utf-8&oe=utf-8

And what's with all the sudden pissed off Chinese investors?

And why is the share price rising now that you are all so pissed off?

And where are all the Chinese websites like Cryptofresh, OpenLedger, and OpenPOS?

huh?

You say you are doing shit, but word of mouth is so 18th century man, I want to see website funnels.

You got what you demanded after threatening us with secession.

We, the shareholders, are now giving you the "free transactions" that you demanded?

Or are you just mad because you sold your shares?

BitShares has been a top 10 crypto for years, and that is not an easy task in such a dynamic competitive environment.  In fact, it is among the oldest communities in the top 20.  I am proud of these facts.  You want to start a new community based on the negativity of simply being pissed off, then go ahead, but don't expect to reach the top 10 without a Vitalik or a Xeroc.

Show me your CryptoFreshChina Road Trip video:

https://www.youtube.com/watch?v=ivwuANB1Syo

Anybody can spam 

on every forum post

but few Americans, and so far ZERO Chinese have shown the passion of Roadscape and their band of brothers.

Because if you have not sold your BTS yet, then now is a great time to sell them because thanks to Ethereum bringing new users into the Bitcoin2.0 space, you can now spill millions of BTS onto the markets, and there are finally enough investors who are thirsting for true innovation present and eager to slurp them up. 

Dump away my friend.  There is nothing shameful about selling your shares into market strength.  Oh, I forgot, you are now trying to accumulate because you sold all your voting power.

Good luck.

BitShares - "The ONLY smartcoins on planet earth"


One more thing though.  To anybody who is dumping their shares.  Could you please let us know what you are selling them for?

BTC?
ETH?
FIAT?

I love a good laugh.  Ethereum's market cap is not going to remain 50x that of a faster, and more scalable platform with the world's only source of real bitGold for very long (either our market cap is going up or theirs is going down or both).

Oh, wait, I forgot, nobody who dumps their shares ever says what they are trading them in for.

And nobody who is dumping shares comes into the forum to complain to drive the price of shares down prior to selling them.

Therefore, logically, my friend, you are holding no bitshares, and are just taking up space here distracting real entrepreneurs from the fresh entrepreneurial manna that this community is exploding with.

Since you already sold your shares, then you now have only 1 of 3 options.  Buy more today.  Buy more after the "BitShares is the world's first immutable blockchain with free transactions" hits the wires (followed closely by the "BitShares has anonymous transactions" news stories).  Or you could keep spamming our forum with unproductive negative complaints without positive recommendation.

Your premise that the "aim" of BitShares to do anything but become a profitable DAC is simply wrong.  BitShares's "aim" is not negative toward anyone.  It is, and always has been simply to achieve sustainability

Complaints without recommendation are counterproductive.

fav?!

Ether money driving interest to the 2.0 sector rising the price floors on a lot of projects.

Thanks V!

Cool, have him set up the wallet in seconds and we'll send him mad bitAssets (in seconds)!

He'll trip.

No, I don't think that you will be "trading" for free.  Those are the fees that pay the bills.  But you will be able to transfer the money into your wallet for free, and maybe get some cheap trades before the price goes up (as you consume more bandwidth from you new 24/7 FOREX/COMEX trading addiction). 

The more you trade, the more expensive it gets for you, and the more money our miners make.

The traders who get hooked on the gambling bug pay our network costs.

And after all, what is it that we are trying to "sell" here?

Our DEX man

bravo BM

This is basically a gimmick that we can use to trump bitcoin (and every other bitcoin1.0 featureless coin) only because we have "trading fees" and "account name creation fees" etc in addition to our normal "transfer" fees.

Dig?

So who wants to Trump the competition?:

https://www.youtube.com/watch?v=Ndv1_c48JoM#t=1m6s
(yes a stupid question, but I won't quote ya, cuz I'm not Geraldo, Phil or Oprah)

You pay 80% of LTM fee to referrer, and only 20% to network.

20% is not a bad reward for zero effort wouldn't you say?

my god man, look what you made him do!?

He must have spent 20 minutes saying what he has said a million times here.

Why do people automatically link the word "dilution" to BitShares instead of "smartcoin" ?

Maybe because the community won't stop bugging BM about it...

The bottom line is that the community will have to vote on any further dilution, so unless a committee member is proposing dilution, then why are we wasting BM's time?!

Lack of dilution does not support a price and in fact can collapse it all the way to liquidation price.

Suppose a startup company spent $3 million dollars and three years of development and had so little revenue that it couldn't even fund one developer, but still had some of the best technology and lots of potential value.

Suppose this startup company had bylaws that prevented it from diluting without 100% approval.

Suppose there was a single shareholder that refused to allow dilution.

All work would stop, offices closed, servers shut down until that single shareholder sold to someone who would approve dilution to raise funds.

The longer that shareholder held out the lower the liquidation price would go until finally the price is 0 because the assets of the company were not maintained and all the talent left.

So the question of dilution is really about a game of musical chairs where current speculators want to minimize "sell pressure" so they can exit at a higher price and leave everyone else holding the bag.

My conclusion is that dilution hurts speculators who didn't factor it into their purchase decision. Dilution does push the price down if it is sold, this is identical to selling shares for dollars to hire labor. The more you dilute the larger the "funding round".

But just because dilution, by definition, lowers the price it does not prove that not-diluting will raise the price or prevent it from falling.  Instead, the price will fall because the market knows that dilution is needed to keep the company alive and adapting long enough to find the product / market fit.

In other words, whether you want dilution or not, the price will ultimately reflect the need for investment (aka the need for dilution). In some sense, the longer you delay the more you must dilute to make up for lost time and lower valuations.     

So if the premise is that diluting by $6 million per year when BTS is at $100M is ok, but diluting by $300 thousand per year when BTS is at $5M is not ok then you are essentially saying that once BTS falls below a certain threshold all work should stop and everyone who is left should be powerless to revive their investment by attracting new capital?

So what happens next is that a clone of BTS is created with a new allocation that then attempts to fix all of the problems and realize the value potential of the basic technology. At this point the BTS holders will be lucky if the new investors allocate them a cut at all when they have little financial incentive to do so.

Ultimately, dilution is the means of bringing in new investors to BTS and discouraging them from starting a clone that grants them sufficient ownership to make it worth their time and money.