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RE: Bitshares (BTS) Completing an a,b,c,d,e shaped Triangle! What does this mean? Check out this analysis!

in #bitcoin7 years ago

Have you compared SAFEX with http://syscoin.org/
I haven't done much research. But SYS seemed like a better pick few months ago.
I think all DEX coins except for smart contract platforms like Waves and Komodo will get de-listed.
Thanks for keeping us posted :-)

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No i haven't Vimukthi...i don't know much about syscoin..you bring up a really good point about Komodo and Waves as well...this is going to be a tricky situation for them..like haejin said in his previous videos, they are going to have to come up with some sort of fiat system to bypass the banks...in my mind this is what BitUSD BitEUR BitCYN represent because they follow the currencies but they are backed by BTS as collaterall. So i think this is a win win...the only thing i would like to see is more volume and more coins..i still get my orders filled just fine but it will be much better when everyone starts rolling over...i swear, when i think about what Bitshares is capable of it just makes my head hurt...same volume as the nasdaq!!!! Jesus..plus they had the last 4 years to work out the kinks..i never had a problem a few days ago placing orders, but coinbase, gemini, bifinex and others were all down..lol

Psst, check out Crypto Bridge; most promising DEX I’ve found and it basically turns BitShares into the DEX we’ve all been waiting waiting for 🤑

Thanks mark....i may be mistaken but when i looked at cryptobridge i noticed there was barely any volume on any of the assets or coins...like none....have you had any issues with this? It seems Bitshares has way more volume than cryptobridge..thanks

Don't forget the worst offender Kraken. Don't even get me started. Even Binance had few troubles due to their fast growth. I think Waves already has fiat gateways. You could use the browser extension to everything. It's better than ETH in every way. Too bad EOS is on the horizon or Waves would have made a serious dent in ETH. Now they both will go down.

Because of the strength coming from the ICOs and by functioning similar to ETH, exchanges won't be able to come up with reasons to de-list Komodo and Waves. Authorities will have to outright ban DEX (an eventual PR disaster to make War on Drugs seem a success)

Oh yeah....this is going to get very interesting for sure...i wonder how they are going to try and rein in the DEX's...i've got my popcorn ready :-)

We saw how well they did against torrents (which in most cases violate NAP and therefor not supported by me). Torrents had no financial incentives. With money to be made, DEX is going to be more resilient than AIDS.

totally agree....i missed this but i saw a tweet by John McAffee that DEX's are the future...smart man...this is a game changer