Bitcoin Forum

OpenLedger Startup - Smart Trading Decentralized

Unlike other cryptocurrencies, OBITS is based on profits generated from companies that are involved in making OpenLedger a decentralized smart trading platform.

http://www.newsbtc.com/2015/12/19/exclusive-newsbtc-interviews-ronny-boesing-from-ccedk-and-obits/

How's the volume?  Improving?

Pitiful. Rather than embrace the future, people would rather complain about how terrible the service is at centralized services and get scammed and/or hate on Bitshares for some reason rather than realize it is the solution to a many exchange-related problems. It is truly a product before its time.

It allows centralized exchanges to operate publicly on the blockchain with public order books, so you can tell if the exchange is operating on fractional reserves.

It also allows for you to completely cut out all centralized parties if you don't mind trading derivatives.

It allows for price-stable cryptocurrencies that resemble the value of USD, EUR, Gold, Silver, Oil, NASDAQ, S&P Index, Apple Stock, etc... (the more obscure assets depend on it being more widely adopted and having more volume).

But no... people would rather get scammed and/or complain about their withdrawals taking X amount of days and/or speculate about fake volume and/or speculate that an exchange is participating in fractional lending yet still use said exchange. Maybe it will take a few more Mt. Gox incidents before the sheep realize how valuable Bitshares is...  ::)

Where is the white paper and specification without all the marketing hype? Just the technological facts.

http://docs.bitshares.eu/_downloads/bitshares-financial-platform.pdf

http://docs.bitshares.eu/bitshares/index.html