RE: Bitshares - State of the Network - 6th June 2017
Thank you for this post! The main problem I see getting started is the gateway. If I have USD, I have to change to Bitcoin, Ethereum, or Litecoin. Next, I then need to use a gateway to get into Bitshares which seems like BitShares adds an extra layer of difficulty versus just using Bittrex. To make Bitshares work in my mind, the gateway needs to be handled because currently the gateway options suck. The blocktrades fees are ridiculous with 1 Bitcoin worth over $4,000 today giving only 3715.1239 BitUSD while that same amount of BitUSD would only buy 0.83014622 of a Bitcoin! Shapeshift has Steem disabled for months. metaexchange.info has a privacy error. Where is the help info on btsbots.com?
I love the idea of Bitshares but the gateways need to be improved for me to use it! I appreciate your post about it which I found by Googling about the Bitshares lifetime membership. I clicked your link but I am not opening an account until the gateways are improved. If Coinbase adds Bitshares I would be in!
So why use the middlemen, then? Avoid them!
You can buy BTS on almost any exchange. And you don't have to use the gateway that really is a openledger thing.