@haejin Also, the marketcap doesn't have to be that high for the price to go that high. Since bitshares are taken out of circulation and locked in a smart contract every time someone takes out a bitAsset loan(like bitUSD/bitCNY) The available liquid supply at any given moment (the bts not locked up in smart contracts) of bitshares is the number of bts coins you'd need to work with to find marketcap and price level
You are viewing a single comment's thread from:
And what is it....like 50% of bts are locked up I think
It's 20% right now. 1/5 of all BitShares are currently locked down.
@scarlet7 there will be a heck of a lot more locked up now...
Cryptocurrency Bank AriseBank To Acquire FDIC-Insured Bank; Partners With BitShares.
https://www.huffingtonpost.com/entry/cryptocurrency-bank-arisebank-to-acquire-fdic-insured_us_5a32bad1e4b00caf3d59eb28
BitShares and Arise Team Up: The World’s First Decentralized Bank and Exchange Join Forces
https://medium.com/@michaelx777/bitshares-and-arise-team-up-the-worlds-first-decentralized-bank-and-exchange-join-forces-db5b81369aa7
"BitShares has in turn, teamed with the United Precious Metals Association (UPMA) to bring real-time metal-backed digital currencies into the mainstream. The combined strengths of conventional bank + decentralized bank + decentralized exchange + smart coin factory + gold depository + enterprise integrator makes the first full service alternative financial system to offer honest money and a level playing field for all mankind. This isn’t just exciting, it’s a game changer!
Arise, the First Decentralized Bank
“ Where you empower the world and we empower you.”
“We believe banking is all of our business, yet who you are is none of our business.”"