You are viewing a single comment's thread from:
RE: BTS, STEEM and SBD - Price of All Went Up!
Bitshares is on fire - many exchanges listing (binance, zb, aex, xbrick, u.cx) and more importantly... some are starting to use bitCNY and bitUSD as base trading pairs. This is huge news for BTS as bitCNY and bitUSD are backed by 200% of their value in BTS collateral. So the more people use bitCNY/bitUSD the more BTS is locked up as collateral, reducing the circulating supply and putting upward pressure on price. bitCNY supply has been growing massively as China discovers how fast and safe it is - which means millions of BTS are being taken off the market. Booooom!
@johnsmith as you said " the more people use bitCNY/bitUSD the more BTS is locked up as collateral, reducing the circulating supply and putting upward pressure on price. "
This is amazing and it is the case
Are looking for an expert person to customize your WordPress site? Then I am here to help you. Order now exclusively on fiverr.
Click the link below to order. https://goo.gl/ZqxdNU
Hello & Cheers!! I'm a content detection and information bot. You are receiving this reply because a short link or links have been detected in your post/comment. The purpose of this message is to inform your readers and yourself about the use of and dangers of short links.
To the readers of the post: Short links are provided by url shortening services. The short links they provide can be useful in some cases. Generally their use is benign. But as with all useful tools there are dangers. Short links can be used to hide all sorts of things. Quite frequently they are used to hide referral links for instance. While not dangerous this can be deceptive. They can also be used to hide dangerous links such as links to phishing sites, sites loaded with malware, scam sites, etc. You should always be extremely cautious before clicking on one. If you don't know and trust the poster don't click. Even if you do you should still be cautious and wary of any site you are sent to. It's always better to visit the site directly and not through a short link.
To the author of the post: While short links may be useful on some sites they are not needed on steemit. You can use markdown to format your links such as this link to steemit. It's as simple as
[steemit](https://steemit.com)Unlike short links this allows the reader to see where they are going by simply hovering over the link before they click on it.