Should I buy Bitshares? Need your help!

in bitshares •  7 years ago 

Hello steemians,

I am facing a dilemma, I don't wether to buy or not some BTS, I know it is a great platform but I wanted to know what you guys think before actually buying some. Do you think it will keep growing?
Thanks in advance,

Cheers,
@lrd

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  ·  7 years ago (edited)

I think BTS is a no brainer right now. Technologically, it's faster, cheaper(fees wise), and actually decentralized. More so than pretty much everything out there on all 3 right now.

  1. There's no government agency that will be able to knock on the door of the server warehouse for the DEX, because there is no centralized server warehouse.
  2. It could handle literally every credit card transaction in the world right now. Where as ETH is getting bogged down by digital cats. (crypto kitties)
  3. Bitshares has bitAssets, which has collatoralized pegged assets. So think of all the printing of USDT, Tether, which is happening. Someone can't just create bitUSD, it has to be backed by actual Bitshares 2:1.
There are dozens of other reasons I have become a huge proponent but I think if you dive in, it will be clear.

I strongly believe in it and a lot is happening lately. Never forget that 1 famous exchange crash will catapult it...

I think BTS looks very promising! Only thing I wonder about is how to maintain the security you get at centralised exchanges when it comes to email verifications if you login with a new IP, as well as two factor authentication.

They will figure out something...

So what did you decide, buy or not? Didn't the price of BTS just drop way down?

I am going to buy Bitshares with the rewards form this post ;D

i think no!

Why? Any particular reasons?

The question is:
Why BTS can't get up to touch 10k satoshi again from +2 years ago?!
I had searched to get a real reason. But didn't find!

I found these answers:

  • BTS should be upgrade their exchange because the inerface not comfortable for traders!
  • Newsletters of BTS didn't get any update since july 2015 https://bitshares.org/newsletters!

Did not know that

  1. BitShares price is pretty stable in USD.
  2. Could you please tell us how to improve exchange? There is a team of developers working on it.
  3. Maybe the newsletter hasn't been updated for a while but the community is big and alive, see forums or Telegram groups.

Community is an important factor

wait and see !

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