I have been working toward my BTS bag of 100,000 so my family can praise my name for generations to come :)
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I have been working toward my BTS bag of 100,000 so my family can praise my name for generations to come :)
Don't forget to migrate your profits to EOS when it's up and running. EOS is going to be much bigger than BTS.
Make sure that, as an EOS holder, you are aware of what you need to do in order to have your tokens registered. It will come down to how many EOS tokens you have in your ETH account (matched with a registered EOS key) once the crowdsale ends and the token is locked.
Check out the EOS FAQ. Pay particular attention to item #21.
https://eos.io/faq.html
Bts will be a dapp on eos. People still will want to trade
Possibly but not necessarily. The main point is which provide more utility. EOS can do a lot more compared to BTS including running BTS on EOS. That's all I need to know to figure out which is the bigger deal.
I keep reading that the EOS Token has no real value as Dev's don't need to use it. Could you shed any light on this? thanks
EOS is currently just an ERC-20 token on Ethereum platform. It's nothing different from making your own token on Waves platform with just few clicks. When EOS platform release next year you can use your ERC-20 token to register yourself as an owner of a piece of "EOS blockchain".
Think of the token as paper gold. Technically it's just a digital thingy. If EOS is real and not a scam you can claim a part of it. It's just a promise. The devs can just take the ETH and decide not to give any ERC-20 token holder anything. So the token is theoretically worthless.
We just have to trust the devs to keep their promise and they have economic incentive to do that.
The eos token will be worth its proportional weight in free network bandwidth and decentralized encrypted cloud storage. So, dapp devs will have to have tokens they put up to be locked in a smart contract (therefore removing them from the supply of eos tokens able to be traded on the market) in order to deploy their DAPP on the network. The more dapps, the more tokens are locked up, the higher the price of eos goes
That's the real EOS that isn't even out yet. What we currently have is an ERC-20 token. In Etehreum it's harder to do. But on Waves Lite client I can make a token called STEEM under 60 seconds (If the name is not yet taken) and distribute it as I see fit. current EOS is like that. It's a lot like a promissory note.
Why do you think EOS will bigger than BTS ? Do you think BTS will be migrated to the BTS blockchain ?
Possibly but not necessarily.
Cobinhood is a DEX running on ETH though it's not as great as BTS. According to @dan ETH can be run as a single smart contract on EOS. That should answer your question.
You make a good argument ! BTS is offering a specific solution to a future major issue (hack of centralised exchange or government intervention) which I think could push its price paraboliclly higher !
lol same here
@tonypeacock our mission is synonymous
Thanks Tony for your work in building the Bitshares community. I'm sure that has gained you some more Bitshares. I hope you reach your goal of 100,000!