If you like STEEMIT you will LOVE BITSHARES!

in #bitshares8 years ago

 Ofcourse you are now a Steemerian or Steemian, but have you heard of Dan Larimers
previous project called Bitshares.  Bitshares is a project you should be aware of because
if Steemit is for the blogging community, Bitshares is for investors, business people, traders and other
business focused people that want to burn their money. 


Why is that?  Well Bitshares always you to crowdfund so that you can get hype and fund your scams.  Bitshares has  something called a "User-Issued Assets."  Basically you can bootstrap a  project on Bitshares and receive donations in exchange for your tokens that people think are like stocks but once they buy them you can just do what you want with the funds rasied. You have now printed IOU tokens and people bought them using irrevesable money. 


In simple terms, you can make your own scam fund, or receive invesment capital that a bank would never give you.  Right now a company called  CCEDK is building out Bitshares for people to crowdscam.  You can go to https://www.ccedk.com/  for more information on their own tokens or contact [email protected] to  get them to crowdfund your token.  There is a payment involved to CCEDK  but its not huge, and that is if you want them to help promote your  token, you can always build your token yourself. You can pay a middle man to help you promote your scam or just do it yourself. Maybe you could make a token in order to raise funds to pay CCDEK to make your scam token for you! It is amazing what you can do!

Bitshares also has "Price-Stable Cryptocurrencies" or "SmartCoins."   You can hold US Dollars, Yuan, or even Gold backed by Bitshares.  This  means if enough people want to sell bitusd then there will be a bottleneck. The sell presure to get out would be so large that not everyone would be able to get out and the whole system would collapse. Right now there is a few Bitshares mobile wallets being done  by http://www.bitshares-munich.de/ or Moonstone.io to be able to make transactions directly with your Bitshares or US Dollar backed Bitshares. This way you can cash out quicker than using a desktop.

So if you want to raise money for an online or offline project or  hold real world currencies in the form of a crypto peg that will collapse if there are enough people using it you can go to Bitshares to help what your  trying to do.

Bitshares is also almost instant, much like how Steem is due to the centralization and lack of security.   Transactions are processed very fast, in about 3 seconds, and the  network can process 100,000 transactions a second if ever needed. This shows that speed is the most important thing rather than security.

Also Bitshares has transaction fees at about 0.1%.  This is unheard  of in the real world where Visa charges 0.8% to 2.5% for merchants  depending on the country.  Transaction fees can be as low as 1 cent.   This can help for micro-transactions. The low fees attract miners to secure the network with lots of proof of stake.

Here is some secret information.  A lot of Steem Whales are Bitshares  holders. That means the manipulation that you see is from the bitshares crowd. All of these stupid posts that say they have earned 10,000$ those are the same bitshares people with many accounts pumping up their own articles. The suckers are the people that buy steem to hold here and earn interest. Then you can get dumped on and provide the buying power that is needed for a good exit.   There is already talk in  Bitshares groups about reworking some aspects of Bitshares to make  Bitshares as great as Steem. 

For more information on Bitshares and how to scam go to http://www.bitshares.org

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So I deposited all my btc as steempower for what? I believe in SteemIt, I never felt better than before, and you are saying it's a bad thing? I don't believe you :P

hey kids, do you like chimpokemon?
"yeah!"
Well then you're going to love.......Alabama man!!!

I've had a few thousand in BTS for 2 years now...It never quite took off like I or anybody else had hoped. But its built and designed very well. Im pretty sure it can still handle the most TSP of any chain! not to mention we most likely would not have Steemit if it weren't for its precursor BTS!!!

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