RE: EOS Update: Is $33 Target Probable?
Great points friend...one thing i thought i would mention as an early investor is that the volume on the bitshares DEX is way way higher than when i first created an account and i've seen a lot more people talking about it online...BTW, KimchiKing is a great ambassador to Bitshares..i believe he lives in Germany but he brought to my attention the fact that we can also use BitCYN for even better liquidity...if you click on the BitCYN tab instead of the BitUSD the volume on this sucker surpasses the USD pairs...this is because many of the companies that are doing remittance on the DEX are in southeast asia..and i was told that many Chinese investors moved over after the ban to soak up some of the liquidity and invest as well...the CYN is very stable like the USD and it's still backed 1:1 with 200% collateral...so i started trading this area...just keep in mind in your calculations when deciding how much to invest that 6 CYN equals one dollar..just use a converter online...hope this helps friend...im trying to get the word out commenting on tons of tweets on twitter when people are asking about DE's and Tether concerns...cheers
thanks for the heads up Shawn. I didnt realise CYN had way more volume, and had never thought of trading with it. Will defintely look at it. I still do not get why the platform is still so undervalued, especially if it has so much business now in SEA.
Bat...i remembered this conversation and thought i would mention the new gateways OpenLedger just announced...they now offer NEO GAS ZCASH RISE and many others and on the BTS tab the volume is massively more than Bitshares...this doesn't mean Bitshares isn't worthy...i want to make that clear..they have some huge partnerships already announced and will have more this year..plus Bitshares still inherits usage since OpenLedger uses the Graphite /Bithsares blockchain...but this announcement is going to really bump up the volume which we need on the DEX...try and tell everyone you know or post twitter and youtube comments trying to get the word out because not a lot of people realize this...cheers freind