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RE: BitShares (BTS) Revised Target to $1.83

in #bitcoin7 years ago

I couldn't agree more. Bitshares and its decentralization is definitely going to be one that wins. Watch the video interview in this post: https://steemit.com/beyondbitcoin/@terrybrock/stan-larimer-on-the-state-of-cryptos-today. Dan Larimer's father is being interviewed and he pointed out a lot of great insight into why those crypto businesses built by his son (steemit.com, EOS, bitshares.org and peerplays) have massive advantages over the rest of cryptos that use miners to operate the blockchain.

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I've heard of Komodo. Not BarterDEX though.
The thing here is that, BitShares has the earlybird's advantage in DEX, while doing a great job at remedying the flaws and lack of practicality of Bitcoin.

PLus, i just read that Visa cut off all links to crypto related cards...this will make the Arise bank and Bitshares collaboration even more important...not sure if it's just a policy issue and will be reinstated, but it just shows how fragile the link between the decentralized cryptocurrency field and large corporations and banks

That is only one of the two biggest companies that provide services for card holders and banks. If they do not see the potential, MasterCard just might.

No doubt tim...very good point my friend..this will be an interesting next few months indeed...i have to make one correction...i thought they cut off all ties but it was just the company Visa deals with who connects and facilitates the TenX cards ...but i have a few friends that have had six figure deposits locked up for weeks and sometimes months when coming from an exchange..i think this is the banks trying to disrupt this industry..it makes sense because we are at the precipice of taking them over, but this really solidifies the importance of what Arise will offer...hope they can pull it off

Well I am from the Czech republic and every institution is slower here than anywhere else, so our banks and government are only now starting to react to cryptos. That's why I had no issues yet.
I do believe that if AriseBank pulls it off, it will be great.

hey shawnster are you saying that TenX no longer have a link with Visa ? do you have a link to the article ?

Yeah...sorry batfinkler...i should have been more clear...the company TenX uses for card issuance Wavecrest got booted from Visa so all TenX cardholders got their cards shutdown..they are looking for a solution, but whenever you link your business to centralized powers that have the keys to shut you down without notice, that's a problem..they already had issues earlier this year , so this doesn't bode well for investor confidence..but they will find another partner...hope this helps friend

cheers Shawnster I wondered why it had dumped from its ATH - should have sold at the top lol

Just announced 1 minute ago..it wasn't TenX...but atleast i predicted it was a crypto card...they never leaked any info on what the announcement was going to be...but regardless , based off of Julians video i have complete confidence that TenX will do fine..i have a buddy that knows some large investors and they put a lot of money in TenX...cheers bat

https://twitter.com/CryptoRekt/status/950212514368823297

I know my friend...i took a hit too...i just watched julians video which i'll put a link to and it still looks like a good trajectory may be in play in 2018..in fact TenX may be THE only crypto card available thanks to the new partnerships he is eluding too...plus...i just thought of this..(now i could be wrong) but i invested in Verge a long time ago...the verge army was bombarding TenX to add XVG to the wallets...Verge has an announcement on Monday which maybe coud be a new partnership with a card issuer..now there are others in the game so it may be Centra or Manaco...but you never know...with Verge hitting the top 20 and at times top 10 coins..maybe the TenX team or others competitors would see this as an opportunity...if the Wraith Protocol goes well this would bring massive volume to these card issuers....just a thought ..would love to hear yours...cheers friend

Let's hope that they're truly scalable approach is figured out soon than later and others will follow. We need quick transactions with low fees. Dan Larimer's company's seem to be the only ones with a legitimate solution.

The thing I am most worried about, as a software developer, is the user interface. More precisely the chart area. It just is not up to the enterprise standards, provides very few to almost none indicators and is not very usable overall.

Agreed, but it's worth it (now) for the value. By the time they get a more user friendly interface, the price will be much higher

Haha that's very true! 😂

I believe Trading View charts and UI updates are being worked on currently. The UI has definitely come a long way with the recent updates. Make sure you're using the most current version. Go Bitshares!

In terms of usability, I think it stinks. Myself and a buddy bought a crypto that has little trading but has a bright future. We built up the position slowly. In the end, one order came is as open.XXX and the other as rudex.XXX. They define them as being equivalent, but in the end only the rudex.XXX is accepted in the token's wallet. And... every post we've found hasn't been able to actually show us how to convert the open.XXX to rudex.XXX and to transfer to the wallet.

So I completely agree there has to be a big improvement to simplify the interface and do the messy stuff behind the scenes and make it dead simple to order and transfer. I have no other experience, but hope this one is the exception..

Now that you mentioned it, I too, experienced a similar thing. I bought BTS through blocktrades with LTC and for some reason, it showed as it has been purchased through bitCNY. Not that it would be such a big deal to me, but big money people could be afraid of such unexpected behaviour.