[POLL] When BitShares Makes Its Move...

[xh3]

Investment in BTS is out of reach for people not already into crypto....

Don't be so sure about that...

..currently.  I hear that people are working on it, but to me, a wary investor, it's still a matter of faith.

[mf-tzo]

Investment in BTS is out of reach for people not already into crypto....

Don't be so sure about that...

[xh3]

If Bitshares can swim against the tide of a falling Bitcoin, It'll be ready to soar when the next BTC Bull run begins.  BTS fate is tied to BTC for the nonce.... Investment in BTS is out of reach for people not already into crypto....

[mf-tzo]

If bitcoin goes to $100  and the price of BTS is unaffected in usd terms i.e. @ 0.00023BTC, would you sell your $stable BTS to get x3.5 cheap bitcoins?
If the answer is yes then BTS will not succeed and we will always be in the shadow of bitcoin. If the answer is no then BTS has no limits and will surpass bitcoin very soon..

[speedy]

Im of the opinion that a deep depression in Bitcoin is necessary to force people to think about the deep flaws that Bitcoin has. If Bitcoin does bubble again, people will continue to delude themselves that mining is not destroying value.

[Ander]

Bordering on delusional to think BitShares will succeed in the near future if Bitcoin goes into a deep depression or fades completely. What we need most right now is crypto-hype returning so we can reach a market cap capable of sustaining tens of projects with million dollar budgets during 2015. I have always had a vision that it would be crypto 2.0 that returned the hype to crypto this time around, so NXT, Counter Party, Ethereum and BitShares might be able to renew interest in Bitcoin and spark the next bubble (Bitcoin to 15 billion, NXT to 200 million, Counter Party to 150 million, Ethereum to 400 million and BitShares to 1 billion).

Exactly.  Another bubble in bitcoin helps us.  Bitcoin going to 100 would make things harder, as it would require us to gain value entirely by making new users, rather than gaining some spillover from those interested in bitcoin.

[kisa]

Bordering on delusional to think BitShares will succeed in the near future if Bitcoin goes into a deep depression or fades completely. What we need most right now is crypto-hype returning so we can reach a market cap capable of sustaining tens of projects with million dollar budgets during 2015. I have always had a vision that it would be crypto 2.0 that returned the hype to crypto this time around, so NXT, Counter Party, Ethereum and BitShares might be able to renew interest in Bitcoin and spark the next bubble (Bitcoin to 15 billion, NXT to 200 million, Counter Party to 150 million, Ethereum to 400 million and BitShares to 1 billion).

[CLains]

Bordering on delusional to think BitShares will succeed in the near future if Bitcoin goes into a deep depression or fades completely. What we need most right now is crypto-hype returning so we can reach a market cap capable of sustaining tens of projects with million dollar budgets during 2015. I have always had a vision that it would be crypto 2.0 that returned the hype to crypto this time around, so NXT, Counter Party, Ethereum and BitShares might be able to renew interest in Bitcoin and spark the next bubble (Bitcoin to 15 billion, NXT to 200 million, Counter Party to 150 million, Ethereum to 400 million and BitShares to 1 billion).

[inarizushi]

Even if bitcoin drops, we can market bitUSD to non crypto people. If bitcoin drops when bitshares is up, some bitcoin coin fanatics may want to join the trip to the moon rather than staying on the sinking boat.
In my opinion bitcoin's position doesn't matter

[xeroc]

A year from now we could have more users that Bitcoin.

This sounds very over-optimistic.

It's within three sigmas of probability. 

The point was that if it did it would be mostly new people.

let's again highlight this:


... and I am not referring to the "Moderator" status 8-)

[Stan]

A year from now we could have more users that Bitcoin.

This sounds very over-optimistic.

It's within three sigmas of probability. 

The point was that if it did it would be mostly new people.

[jamesc]

Survival of the fittest!   But that's a lot better when we have a lot of good contributors like Bitcoin.  I want to see Bitcoin improve mining and funding in their own way.

[Empirical1.1]

Bitcoin weakness is good for BitShares taking no.2

'Look Bitcoin is on a downtrend & volatile, we're going up and we have BitAssets'

Bitcoin's general weakness stems slightly from it's centralisation & wasteful mining.
More so though from its volatility that makes it unsuitable for trade & storing value. BitAssets solve that.

However all decentralised options are an alternative to centralised ones. Cyprus was a catalyst for Bitcoin but since then to the average person the financial system seems to have stabilised. It hasn't. When it breaks even in a small way, that is what will catapult decentralised options into the mainstream again.

So outside the normal marketing, game 1 is to have a marketing plan in place to capitalise on Bitcoin weakness & slingshot into no.2 and game 2 is to have a marketing plan that capitalises and sling shots off centralised weakness. (Why Argentina is such a good target, centralised weakness is already in play.)

[BTSdac]

I really hope the Bitshares people are not trying to make BTS compete with Bitcoin. If anything, we should try to find a way to get them to complement each other. Trying to compete with Bitcoin wouldn't be that smart imo.

We are not trying to compete with Bitcoin.
We are targeting completely new demographics.
A year from now we could have more users that Bitcoin.
And 99% of them will not be ex-Bitcoiners.

Of course, if that happens there may be a lot of bitcoiners wanting to move 90% of their holdings from Bitcoin checking to BitShares savings where they can earn .

is there any online store want to support bitusd , or BTS ,you konw BTS can confire in  10s, it is much better than other coin even don`t consider peg funtion

[speedy]

A year from now we could have more users that Bitcoin.

This sounds very over-optimistic.