Will we see 1$ Bitshares?

The Bitshares platform covers features such as;

-The DEX (Distributed Exchange): An exchange like Poloniex or Bitfinex for example, but one that isn't centralized and anyone can use. Install the client at bitshares.org\download and take a look.

-UIA (User Issued Assets): Equivalent to stocks quoted on the New York Stock Exchange, but created by users of the Bitshares platform by locking away some of the BTS they own (Similar to how a company creates shares). User Issues Assets can then be traded on the Decentralized exchange in the same way as people trade stocks on the NYSE. For example; you could set-up a company, get people to fund you some BTS (or use your own), create your own UIA (just like all companies that have an Initial Public Offering - IPO - do) and return those people your UIA in exchange. People can trade your UIA based on how well they perceive your company to be doing, just like on the NYSE. You just floated your company! (with crypto)

-SmartCoins (Pegged Assets): Are similar to UIA's (In that they require BTS is locked up for them to exist), but rather than having a free floating value their value is set by the Bitshares platform (specifically by witnesses via Price feeds). A witness is equivalent to a miner in Bitcoin and a Price feed is a value that each witness publishes to the Bitshares platform saying what how much a SmartCoin should be worth in BTS. This clever mechanism allows a SmartCoin to have a price pegged to a real-world instrument (for example the US DOLLAR, EURO or CHINESE YUAN), but valued in Bitshares (BTS). The SmartCoins are backed by BTS (so if BTS is worth nothing, then they'll be valueless), but - if you assume BTS is worth something - then by exchanging your BTS for a SmartCoin (E.g. BitUSD or BitCNY), you can effectively protect yourself from the huge volatility that surrounds BTS. It's no different to selling any BTC you own for USD (or EUR or CNY) on an exchange like Bitstamp or Bitfinex, except that Smartcoins are entirely decentralized (through the magic of the DEX), so not susceptible to the exchange disappearing with your money, forcing a loss on you because they were hacked or suddenly deciding to seize your assets because you don't meet their Anti Money Laundering / Identity requirements. All the benefits of a USD/EUR/CHY, but without the annoying drawbacks of centralization.

-The Bitshares coin (BTS) is the oil that makes the Bitshares platform work. It acts both like the 'gold standard' that historically was used for backing fiat currencies allowing the creation of User Issued Assets's and SmartCoins, but it also acts like a share allowing those who own BTS to vote on what new developments should be worked on for the Bitshares platform or what settings should be changed (E.g. confirmation times, block sizes) etc. BTS can also be used and traded as a coin in the same was as people trade BTC/ETH/DASH etc.

That's just a simplified run-down of the best bits of Bitshares. It also has massive throughput potential (over 100,000 tps) and a number of other features, but probably most important of all; it exists here and now with all the features listed above, usable by anyone who wants to get involved.

Project is very promising , so what is your opinion when can we see BTS at 1$?

sure
nice project
i think we Will see 1$ Bitshares

I agree with you, we know that bitshares are one of the best platforms right now. Many people wait for bitshares price to $ 1, I see the price of bitshares in bittrex is very low 3k satosi. Hope developers update immediately

1$ for sure, anyone to bet?

yup might be soon because altcoin going up up up

Quote from: aziernest on August 24, 2017, 02:28:20 AM

1$ for sure, anyone to bet?

Won't happen in the near future... check reddit posts, bitshares is not interested in the price of BTS... so it might rise, but to 1$ - i don't think so...

If bitshares is not interested in the price of bts, it is better for this project, then you can sure that when it hits $1, it will be stronger not be dumped

With the general rise in the Cryptocurrency market, its definitely possible to hit $1, how long it takes is another question, at the current rate of crypto growth it could be a nice Christmas present, otherwise sometime next year

I looked its supply, its not gonna stay on $1 price if it ever hits. You can just do math. There are too many BTS circulating. They need to burn at least %60-70 of those coins.

Quote from: sweerty1 on August 24, 2017, 08:59:18 AM

I looked its supply, its not gonna stay on $1 price if it ever hits. You can just do math. There are too many BTS circulating. They need to burn at least %60-70 of those coins.

yeap..to many... and as I said, they are now focused on their product and getting clients, and not in this coin... ok, there may be pump/dump but that will not be caused by new information that would cause mass buy....

Sure,if you wait long enough it will hit and move past $1. When? nobody can tell. You need patience and plenty of it. It is a good project, so I see no problems.

Quote from: TrumpD on August 24, 2017, 09:07:52 AM

Sure,if you wait long enough it will hit and move past $1. When? nobody can tell. You need patience and plenty of it. It is a good project, so I see no problems.

BOOK: fra. En attendant Godot, eng. Waiting for Godot

Sure, you can wait...but the question is if you could make more money investing in something else during that time... of-course anything can happen, and BTS could moon...but it is currently unlikely

Patience is a virtue. I speculate BTS / Bitshares will hit $1 maybe after 3 - 6 months. It is not easy for a crypto to raise high since a lot of cryptocurrency has a great features on it.

Quote from: d3nz on August 24, 2017, 09:30:08 AM

Patience is a virtue. I speculate BTS / Bitshares will hit $1 maybe after 3 - 6 months. It is not easy for a crypto to raise high since a lot of cryptocurrency has a great features on it.

the market cap would have to be 2.598.2900.00,00$

)) that would put bitshares to top 5

above IOTA, NEO, ... hrm...

yeah top 5 is a little too optimistic

I have a some coins and i hope this happened.

Quote from: lugospod on August 24, 2017, 09:04:14 AM

Quote from: sweerty1 on August 24, 2017, 08:59:18 AM

I looked its supply, its not gonna stay on $1 price if it ever hits. You can just do math. There are too many BTS circulating. They need to burn at least %60-70 of those coins.

This is what the thing on my mind too because I do see the circulating supply I would say its really big. $1 would be possible if the supply is less and the demand is there for now I cant see too much demand and the interest is focused on other thing rather than on this coin itself.