I am a big fan of bitshares. Bittrex reason of deleting. Bittrex thought that bitshares as a decentralize exchange will take the power of cryptocurrency exchange. Just Like bitcoin take over the global currency market and steemit take over social media in future
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I think there maybe more to it than that but its not in my interest to speculate either way. If we take their power away Bittrex is always welcome to migrate their business to the Bitshares network; that's how OpenLedger started :)