RE: What will happen to BitShares and Peerplays during the next few months, especially on the 15th of September and 5th of November ?

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What will happen to BitShares and Peerplays during the next few months, especially on the 15th of September and 5th of November ?

in bitshares •  8 years ago 

BitShares is built in a way that it will be always improving itself based on the reserve fund and the share holders decisions.
There is not limit but I can see BitShares market cap easily reaching 1 billion dollars with some traction of its decentralised exchange.

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I've invested in Bitshares back in 2014 and increased my position several times now, and I still believe in the long run this investment will be a homerun. BUT, there is still a lot of work that needs to be done to ensure Bitshares' users have a top of the class experience using it. And it needs people trading and using the DEX regularly. The good thing is that serious players are currently working to improve that.

On top of that Bitshares needs shareholders that will inform themselves and learn more about the platform and its mechanic. Bitshares has a powerful built in voting platform for shareholders to vote on proposals, or to choose a proxy to which they can delegate their voting power (usually trusted members) . Bitshares shareholders can vote directly with their stake on any change proposed to improve the protocol, or any other spending taken from the reserve pool.

In any case, no matter what the share price is now, I believe it will be irrelevant in the long run. I have no plan to sell any time soon, and yes I believe Bitshares is doomed to succeed. Maybe not in a month, but it is and will still be a serious player on the crypto scene for several years to come.

I share your point of view, I also have increased my position several times.
BitShares have, indeed, a lot of areas where it can improve but the product as it is today is far ahead the rest of the blockchain project aiming to decentralised economy management and exchanges.
With Openledger entrepreneurial energy, Blockpay innovation and efficacity, the end of the merger, the futures synergies between Steem, Peerplays, Muse and other graphene chains, I'm very optimistic about the future of BitShares !