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Author Topic: Why does no one use the BitShares Exchange DEX?  (Read 5876 times)
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BitcoinNational
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August 12, 2016, 05:39:10 PM
 #41



Because DEX trades tokens on the bitshares blockchain. People like to buy the blockchains actual token. There is a huge difference.




Liquidity is a the major problem,

after that it is still hard to tell if BTS is not pure BS ... it was build upon a mountains of lies or fraudulent misdirection ... but the Aces in the hole are a nice working demo, all the other vaporwares do not have this.

So old school  blockchains 1.0 actual coins on chains that the average G.I. joe can download are more accessible and less risky than a BS token.

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okiefromokc
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August 12, 2016, 11:55:16 PM
 #42

Well realistically until Joe and Jane Public are carrying around a debit card that is accepted at the local walmart or McDonalds and is directly hooked to their client wallet. Crypto is not going to go mainstream to the masses.  I am not talking about a prepaid debit card here that uses a 3rd party such as VISA to clear the funds, because they already have that using fiat and bank debit cards.
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August 13, 2016, 06:20:28 AM
 #43

The topic title does not match the OP's comment and the replies.

First reply back is why don't people use Bitshares "tokens" ?

FUD first & ask questions later™
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August 14, 2016, 04:33:49 AM
 #44

Yeah, its funny that people dont realize that the BTS exchange is now seeing more use than ever before.  Especially after yesterday's big anticipated announcement and today's 20% gain.

But since it was so highly anticipated, I'm sure that everyone here is already celebrating, so please allow me to formally congratulate you guys on your win.


So this masked topic is a coincidence huh ?

Manipulation ? Pump ? ICO Token bullshit ?

Oh fuck yeah.. TAKE My..

FUD first & ask questions later™
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August 15, 2016, 04:30:31 AM
 #45

it's fucking awesome, that's what Cheesy

$ADK ~ watch & learn...
brekyrself (OP)
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May 09, 2017, 11:44:49 PM
 #46

Looking at this again after a year, a lot has changed (liquidity & transactions).  Now I'm curious with Dan talking about EOS, will another exchange put their platform on BitShares just as Openledger did?  This could solve the issues Poloniex has been facing.

Take a look at this chart (It takes a long time to load the data): http://cryptofresh.com/charts
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May 11, 2017, 02:59:14 AM
 #47

Looking at this again after a year, a lot has changed (liquidity & transactions).  Now I'm curious with Dan talking about EOS, will another exchange put their platform on BitShares just as Openledger did?  This could solve the issues Poloniex has been facing.

Take a look at this chart (It takes a long time to load the data): http://cryptofresh.com/charts


I don't think there's really a need for another exchange to come aboard Bitshares at the moment. The market isn't really big enough, and it will hurt market depth by fracturing it off inbetween multiple exchanges' IOUs.

I think Bitshares needs to reconsider sidechains if it wants to stay one step ahead of its competitors. More decentralized DEXs are coming (blocknet), and there are a couple other DEXs that now exist and/or will be here soon. Waves (IOUs like bitshares), Supernet (multi sig), Blocknet (atomic swaps), etc...

At least Bitshares has bitUSD and the like, so even if its DEX ends up not winning the DEX wars bitUSD could be a useful instrument for other DEXs.

It will be interesting to see what technology wins out.
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