Just an idea for everyone here without any special talents like software development:- Borrow USD
- Borrow something else or deposit some other awesome crypto you don't mind holding
- Check the USD price from coinmarketcap.com
- Set up buy and sell orders at 2-4% spread, 10 orders on each side at 1% increments
- Check out your market every 12 hours
Why?- You will make a profit once someone else takes your orders
- You will make the DEX look good
- Your actions act like a seed. A bootstrapped market invites more participants
- You can hold your BTS while trading other coins against USD, which itself benefits Bitshares
- You don't take any risk by holding something you fear might crash
- You can diversify within the DEX
- You will need other exchanges less
- People want to trade on the DEX, and together we can provide to them.
- You don't take the risk of leveraged trading, unless you trade in BTS markets
I've done this to the USD:MAID, USD:STEEM, USD:BLOCKPAY, USD:BTWTY, USD:EUR, USD:GOLD, USD:SILVER markets, and next I'm getting some Synereo AMP and Tauchain AGORAS to bootstrap USD:AGRS and USD:AMP markets. Once LBRY and Solarcoin are added, I will do the same to them. I'm doing all this with some €4k, which is all I have.
I'm a little amazed about the fact that I'm bootstrapping or helping bootstrap several markets, while I hold only 1/1,000,000 of all BTS (or something to that degree). What are all other holders doing? How much liquidity and how amazing markets could we provide with all that BTS? Is everyone so afraid, so the keep BTS at Poloniex just in case? Come on everyone! I don't want to brag, but point out that we have everything we need. We can do it by - doing it :-)
EDIT: If you check out the markets, you might notice that I fail to keep all the markets nice. I keep running out of liquidity myself, but then I try to readjust my holdings in order to be able to continue. Then there's the STEEM:USD market, where my orders are tiny compared to one single $6k wall, which makes it look ugly, but so what. The market is working!