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RE: BitShares (BTS) LONG TERM FORECAST...$342!!
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.