At the moment Bitshares worth over $122 million have beenntraded in the past 24 hours and given that the price is down by 10% i would speculate that kost of that $122 million is people buying bitshares for cheap.
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Bitshares is easily the most undervalued crypto in the world. It is profitable and buying back shares. It is profitable because people are actually using it do useful things, like trade on the DEX. Bitshares transaction volume is one of the highest in crypto - yes, much higher than both Ripple and Ether. Not sure when the world is going to realize how valuable BTS are, but when they do BTS are going to $10+ real quick.
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How do you come to $10+ valuation?
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From your lips to God's ears . . .
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Hi...
I am here now, I have seen and read it, a good post and can be motivate other steemians. A great job, may you succeed with you.
Friendship greetings from me @alga may be always be your best friend.
Vote and follow done.
Waiting for your arrival. I have something for you.
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Thank you for the update. Good perspective on the tanking which encourages people not to panic and makes them think of buying instead. Would love to see more of your work. Am following you. Please feel free to follow me if you would like to see some wildlife pics with an interesting twist such as https://steemit.com/wildlife/@vm2904/house-of-bones-every-jackal-for-himself and share your views on them
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I am doing the same with both Digibyte/Bitshares. There is a plan on the drawing board with using Bitshares against escrow accounts.
2watchout2017
Domi
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If your speculation were right, bitshares wouldn't been dropping. At this moment my Blockfolio shows a drop of 15.36% in bitshares and 11.31% in BTC
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pump Pump PUMP!!
I do like BitShares though ;)
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