RE: Steem and BitShares taking a run
Yep definitely its an interesting time, you have to also remember that the entry into other altcoins is through Bitcoins. In most cases you have to purchase Bitcoins and then exchange or buy your coin of choice using Bitcoin. Its setting up a very nice symbiotic relationship with altcoins and Bitcoins, because the increase value of Bitcoin also increase the value of other altcoins and as altcoins grow in demand, so to would the demand for Bitcoin. Bitcoin may be seen at the moment as a store of value and strangely a hedge against uncertainty. The future is definitely looking up for cryptocurrency, am not to worried about fees, as the market matures, the free market would determine fees. There is alot of competition, so that would help drive fees down and increase value. Coins with everyday use and continued development could one day easily surpass the current Bitcoin prices. That's what makes Steemit a very interesting platform, its current price and market cap is not a true reflection of its VALUE
There is def a symbiotic relationship between BTC and Alts, but the fees that were almost, "unnoticeable" before are now becoming really significant. My portfolio is large enough to absorb those fees, but 50k here and 100k there, adds up. Take for instance Cryptonator; whom used to charge 10,000 satoshi now charges 50,000 to send BTC. Coinbase just charged me 80 or 90k satoshis to send the BTC I just purchased from them. I might sound like a tight wad, but I have put a lot of time, cash and effort into hording and trading Cryptos and have never cashed out a dime, I truly believe Crypto will be the money of the future.
Didn't mean to rant, just blowin off some STEEM ;)
I understand you, I certainly hope they take everyone opinions seriously