RE: BitShares (BTS) LONG TERM FORECAST...$342!!
@haejin I am confident everything will be moving to decentralized exchanges as soon as regulations start to press people on centralized exchanges. I totally agree with you in this.
So if your prediction of $48 by the middle of this coming year, this will be insane, massive wealth transfers. The biggest in the history of the world.
You will be everywere explaining your technical analysis, this will be massive for bitshares, steem and eos. @dan is creating every single blockchain technology a person will need in the short, mid and long term future. EOS (Smart contracts and more), Bitshares (Decentralized exchange and more), and Steem (Decentralized Social Network + SMTs + New Markets and Economies + Transactions and much more). How a visionary.
I encourage you to follow @teamsteem and read his welcome to steem post. It will definitely sumerize what the vision of its creators is, which is freedom, and empowering people.
Regards, @gold84
I dont think he is saying it will hit by mid year...he doesnt chart time...the time on his charts are just drawn there...the prices are his forecast not the time.
But outside of that, wether 6 months or 2 years, you are correct. $48 from where we are today will be huge. We are at 26 cents...that is a lot more than a 1,000 times return.
If it reaches his peak, it will create some billionaires.
@taskmaster4450 agreed! you just said it billonaires and millonaires. Incredible. Unthoughable. Amazing. @gold84
Considering the fact that, probably 10 years down the road, tens of TRILLIONS of dollars worth of commerce will all be done on the blockchain, that means that these things valued in the trillions is not unrealistic. There will be some mega chains and others that are smaller.
Either way, I foresee almost everything ending up on the blockchain.
Actually, this is going to be the case in something like 3-5 years. LAToken.com project is paving the way to tokenizing ANYTHING AND EVERYTHING of high value. It opens the doors for Trillions and Trillions instantly.....and it's already live. They get traction, or a similar project.....and the world is an entirely different place.
You KEEP your asset while it's tokenized and traded on the market, or held until the agreed upon contract settles and it has accrued interest.....I know I know, it's hard to wrap your head around that. Our NICE wedding ring is going up as soon as they launch all networks. Liquid value, and the ring never leaves the finger.
we must do something with that money, something good !!!
Completely agree. It's good to see some cryptos moving along this path Power Ledger nd Golem to name a couple.
That's true. The problem that I see coming up is competition, the bitshares concept will be copied. Who wins out among the decentralizers will be decided by interest, influence and marketing as usual, not waves. This is why Litecoin recently exploded, and not before - because they did some marketing. For the waves to work, we have to give human psychology what it needs to work predictably...
Ebay and Amazon had lots of competition during the .com era...where are they now?
And how do you know bts is an ebay/amazon and not a ephemeral competitor? Truly asking
Dan & Stan larimer are leaving a legacy
Sure the concept will be copied, but where?
Are you going to open up a de-centralized exchange on ethereum? Someone could do that yet they might have an issue with the transactions.
Someone could start a new blockchain from scratch, which might happen...but they are already falling behind.
And BTS doesnt need to own the decentralized world to be highly valued...there will be other exchanges....but who knows what else BTS will add to the mix over the next year or two.
The developers are still hard at work on that blockchain just like on this one.
Also waves is not as decentralized as bts. Also there is also the remote possibility that bts and steem might get upgraded to eos tech. Fyi
It makes sense to do it if it's laid out correctly. The community is working on 3.0 first, but I would love to see a BEOS!
BTS has the equivalent of bitcoins first mover advantage in decentralised exchanges ! It would take a lot to catch up and overtake it
Good call, good call my friend. Hope your getting the Rainfall
Cobinhood is the only real competition i see for BTS at this point.
Bitcoin has TONSSSSS of competition.....no one's gonna touch it for a long long long time. It doesn't even matter that they aren't processing thousands of TXs....still far and away killing all the competition....and the competition has way better tech.
I don't think we should take the time period in TA seriously. He points that out specifically. It could be 1 year or 5 years.
amen