BitsharesX is the Financial Atomic Bomb Technology of the 21st century.

[vegolino]

Agree with you    Thank you 
Only objection  from me is use of war as metaphor. No war, no enemies only peaceful and challenging   competitors 

[fuzzy]

I have started the revolution.

Overthetop please register eagleeye in the platform.  Do not let anyone make donations to the account.

you, my friend, are going to be a fun addition to our motley band of wayward travelers...

I already like you.  You should really check our mumble out sometime.

[luckybit]

Going from 2.6 cents to $1 dollar (and beyond probably $1000 each too) like bitcoin did (bitcoins went from 1 cent to $1000 dollars in 5 years (This will happen faster though)).  Now why?

Instant transactions (bitcoins takes 15 - 25 minutes)
Asset Exchange (You can play the currency, stock market, and etc through it)
No Inflation
A currency that pays you interest to hold.
It Appreciates in Value

It is BitSharesX, bitshares.org.  Why?  Because it has features bitcoins does not have, significant features such as instant transactions (so it can be like Paypal, Visa or Mastercard).  Together these 3 payment systems process $4 TRILLION (trillion) dollars a year).  This is significant as if someone wants to send it to someone else with bitcoins (which each is worth $500 dollars) it takes 15 - 20 minutes.  How then will they be able to process transactions at Wal-Mart (any store). This shows the top cryptocurrencies http:/www./coinmarketcap.com/ (bitshares is 4th in value with $53 million (2.6 cents each).  While Bitcoins is 1st with $6.7 BILLION in value ($500 dollars each).  Bitshares is 3rd in volume with $1.2 million a day which is significant.  While Bitcoins only has $46 million in daily transaction volume.

A reasonable market cap could take BTSX to $2-3 each. That could happen between now and 2016. After 2016 when the Bitcoin reward halving takes place all the market caps could spike and Bitshares could reach $20-30.

I'm guessing Bitshares could reach 50-100 billion market cap at it's peak. Bitcoin could be over a trillion dollars marketcap if it doesn't get derailed. But I do not expect Bitshares to dethrone Bitcoin so easily even if it's firmly in 2nd.

What else does bitsharesx have?  The Official Asset Exchange.  Why is this significant.  It will be like the NYSE (US Stock Exchange), Nasdaq (US Technology Stock Exchange) this means that people will be able to play the market like buying Google stock through this. 

Could be, but currently isn't. We have a long way to go and need a lot more developer momentum to take it that far. Who knows? Maybe when the market cap is high enough the delegates can get together and start a software development company, then hire a dozen talented super developers.

But what else.

You can own US dollars, and within a few weeks Chinese Yuan (Chinese dollars meaning there will be a big demand from China).  And later EVERY currency in the world.

Demand is hard to get. We don't have real demand from China yet but we do have minor interest. Major interest will happen when or if China authorizes cryptocurrency technology. We don't know where the Chinese government stands but I suspect they don't like what they can't control.

Furthermore you get interest for holding bitshares.  Meaning its like a currency but it pays you money by holding it.  Furthermore there is no inflation there will only be 2.0 billion of them which may sound a lot but each bitshare is only going for only 2.6 cents which means if it overpasses bitcoins it will go up to $3 dollars a bitshare (6 billion in market.

That is correct. $3 a BTSX is a reasonable projection based on the possible market cap. 6 billion is really a drop in the bucket for market caps and that is why I would think 40-50 billion is the peak. I don't expect we'll see prices over $20-30 for BTSX because the world isn't going to accept it so easily. It will take decades to get to $1000 like you were talking about but that is at least possible in theory.

I would say Ethereum has the best shot at a trillion dollar market cap.

But if you incorporate that to use the Asset Exchange or to trade US dollar currency everyone has to have subs of bitshares, like bitUSD, or bitGold, or bitYUAN (Chinese currency).

The chinese like this a lot.  They are the early adopters but its for everyone, everyone is getting into it. 

www.coinmarketcap.com this shows you 450+ crypto currencies.  And Bitshares is 4th  while it is just 1 month old.  Its closest competitor (enemy) is NXT. 

This is certainly impressive and a talking point. 1 month into release and the #4 cryptoequity in the world is a very good sign. It should be in marketing talking points.

But Bitshares X is a long way from replacing Forex. Years away from being able to even try for a trillion dollar market cap. It's not an impossibility because the money is sitting there waiting but it would require society to flip on it's head overnight socially and that isn't going to happen.

Realistically we should be looking at $1-10 billion marketcap in the next 2-3 years. $10-50 billion after the Bitcoin block reward halving draws attention into the ecosystem.

Here is some history to put everything into perspective.

5 years ago in 2009 Bitcoins was released.  It was at 1 cent.  You could call it cryptocurrency 1.0 like how Google search engine is Web 1.0.  Then became Facebook (social network) which is Web 2.0.  BitSharesX is crypto-currency 2.0 how so?  Due to its interactive new features?

Does bitsharesX (bitshares.org for more info) have competitors.  Yes NXT.  But they are way behind in terms that they do not have the instant transactions and it may not work for them.  Furthermore there is 3 months before they say they will release instant transactions and there asset exchange is ineffective as well as they do not pay interest on holding their currency.

At this point there are no competitors.

The market cap we have is around $50-60 million. We could reach $50-60 billion even with NXT, Bitcoin, Ethereum and others reaching into the billions. The leader will probably reach into the trillions.

This is the atomic bomb of the 21st century.  This is like World War 2, it is an arms race to win the war.  Do your part by promoting BitSharesX go to www.bitshares.org to read about it.  Get involved go to https://www.bitsharestalk.org/ sign up.  For further developments and the cutting edge information go to the General Discussion on the forum or here https://www.bitsharestalk.org/index.php?board=5.0.

I don't think it's all too bright to talk about it like it's a war. As if somehow we have to choose one or the other? We can own all and hedge against them all. If Bitshares X market cap reaches $1 billion or more then a lot of people involved will diversify which will help the competitors market caps.

Microsoft and Apple both made billions, Steve Jobs and Bill Gates both were among the richest people in the world, there isn't a lot to complain about for any of us here if the market cap of Bitshares reaches the $10 billion and beyond. In fact by that time I would expect an entirely different generation of investors.

Remember the big winners in the stock market, usually forget about there stocks for a while (a year, 6 months, 5 years) and dont look at the daily movement, but plan the game if you want (I am a financial advisor and suggest dont)

All the best.

Live long and prosper.

If you're a financial advisor maybe you can figure out how to turn BitAssets into "real" legal assets.

[eagleeye]

I have started the revolution.

Overthetop please register eagleeye in the platform.  Do not let anyone make donations to the account. 

[Overthetop]

 

[eagleeye]

Tell people on facebook about this post.  To help people who need need/want money.

Going from 2.6 cents to $1 dollar (and beyond probably $1000 each too) like bitcoin did (bitcoins went from 1 cent to $1000 dollars in 5 years (This will happen faster though)).  Now why?

Instant transactions (bitcoins takes 15 - 25 minutes)
Asset Exchange (You can play the currency, stock market, and etc through it)
No Inflation
A currency that pays you interest to hold.
It Appreciates in Value

It is BitSharesX, bitshares.org.  Why?  Because it has features bitcoins does not have, significant features such as instant transactions (so it can be like Paypal, Visa or Mastercard).  Together these 3 payment systems process $4 TRILLION (trillion) dollars a year).  This is significant as if someone wants to send it to someone else with bitcoins (which each is worth $500 dollars) it takes 15 - 20 minutes.  How then will they be able to process transactions at Wal-Mart (any store). This shows the top cryptocurrencies http:/www./coinmarketcap.com/ (bitshares is 4th in value with $53 million (2.6 cents each).  While Bitcoins is 1st with $6.7 BILLION in value ($500 dollars each).  Bitshares is 3rd in volume with $1.2 million a day which is significant.  While Bitcoins only has $46 million in daily transaction volume.

What else does bitsharesx have?  The Official Asset Exchange.  Why is this significant.  It will be like the NYSE (US Stock Exchange), Nasdaq (US Technology Stock Exchange) this means that people will be able to play the market like buying Google stock through this. 

But what else.

You can own US dollars, and within a few weeks Chinese Yuan (Chinese dollars meaning there will be a big demand from China).  And later EVERY currency in the world.

Furthermore you get interest for holding bitshares.  Meaning its like a currency but it pays you money by holding it.  Furthermore there is no inflation there will only be 2.0 billion of them which may sound a lot but each bitshare is only going for only 2.6 cents which means if it overpasses bitcoins it will go up to $3 dollars a bitshare (6 billion in market.

But if you incorporate that to use the Asset Exchange or to trade US dollar currency everyone has to have subs of bitshares, like bitUSD, or bitGold, or bitYUAN (Chinese currency).

The chinese like this a lot.  They are the early adopters but its for everyone, everyone is getting into it. 

www.coinmarketcap.com this shows you 450+ crypto currencies.  And Bitshares is 4th  while it is just 1 month old.  Its closest competitor (enemy) is NXT. 

Here is some history to put everything into perspective.

5 years ago in 2009 Bitcoins was released.  It was at 1 cent.  You could call it cryptocurrency 1.0 like how Google search engine is Web 1.0.  Then became Facebook (social network) which is Web 2.0.  BitSharesX is crypto-currency 2.0 how so?  Due to its interactive new features?

Does bitsharesX (bitshares.org for more info) have competitors.  Yes NXT.  But they are way behind in terms that they do not have the instant transactions and it may not work for them.  Furthermore there is 3 months before they say they will release instant transactions and there asset exchange is ineffective as well as they do not pay interest on holding their currency.

Now how do you get it?  That is one of the reasons everyone does not have it yet.  Go to https://www.coinbase.com/ if you are in the US.  If you are other places go to www.bter.com .  Try to get some.  Get bitcoins first than transfer them into Bitshares, that is the secret.

This is a huge secret.

This is the atomic bomb of the 21st century.  This is like World War 2, it is an arms race to win the war.  Do your part by promoting BitSharesX go to www.bitshares.org to read about it.  Get involved go to https://www.bitsharestalk.org/ sign up.  For further developments and the cutting edge information go to the General Discussion on the forum or here https://www.bitsharestalk.org/index.php?board=5.0.

Remember the big winners in the stock market, usually forget about there stocks for a while (a year, 6 months, 5 years) and dont look at the daily movement, but plan the game if you want (I am a financial advisor and suggest dont)

All the best.

Live long and prosper.