Bitspark Switching to Bitshares for Remittances by bitspark

View this thread on: hive.blog | peakd.com | ecency.com

bitcoin · @bitspark · Aug 10 '17 (edited)

$450.41

Bitspark Switching to Bitshares for Remittances

<html>
<p>Today we announce that Bitspark will be switching to the Bitshares Blockchain from Bitcoin because it is better suited for the company’s business. That is not to say it is better for everything, but for remittances we see it has some clear advantages. The new payment method will be rolled out slowly for specific currency pairs so that Bitspark’s remittance users will have the access to &nbsp;all of the worlds 180+ currencies in 12 months. Existing Bitcoin deposits and payment methods will still persist for a time yet while we make the switch. Today we will go into some of the reasoning behind why we are making the switch and why it is our belief that decentralised pegged cryptocurrencies are a major step forward in the remittance world.&nbsp;</p>
<p><strong>How things work currently for Bitcoin remittances &nbsp;</strong></p>
<p>It is often <a href="https://cointelegraph.com/news/we-need-more-blockchain-companies-in-remittance-sector-heres-why">lamented</a> on why there are not more blockchain remittance service providers. There have been some companies which have come and gone but generally there are some fundamental realities on how Bitcoin remittances work in 2017.&nbsp;</p>
<blockquote><em>Bitcoin is comparatively slow and expensive so everyone prefunds balances at their liquidity providers in bulk.&nbsp;</em></blockquote>
<p>With the recent fork, for the last month or so fees have been very low and the mempool has been small resulting in less unforeseen delays, this is great, but the important thing here is predictability. For most of this year the prevailing wisdom for high fees has been “Just pay more fees” which is not reasonable when there is no predictability for it or when your margins per payments on a $200 transaction can be wiped out on a $3 fee. Using dynamic fees also does not &nbsp;work as a value proposition- when a customer does a remittance trustworthiness is not gained by telling them “one day your fee might be $1 another day it could be $3 and I’m not sure when”. Given this, for many years all Bitcoin remittance companies have prefunded larger amounts with their liquidity providers which lock in rates and eliminates risk of slow payments. You can then draw down upon those balances as new payments arrive. This is a sound model and will remain so but requires upfront capital to prefund in bulk before you receive the remittance money coming in. Ideally, remittance companies do not want to use upfront capital in prefunding balances making it important to find an alternative that truly can send $2 across the world for negligible cost without price volatility risk.&nbsp;</p>
<blockquote><em>&nbsp;&nbsp;Limitations to accessible currencies</em></blockquote>
<p>Bitcoin remittances make no sense for trading between the major FX pairs (USD, EUR, AUD, GBP etc)- its benefit is for exotic currencies in often developing countries. The reason being spreads on exotic currencies are larger &nbsp;however &nbsp;accessing liquidity via traditional methods is difficult with everyone being channeled through a few gatekeepers. Although Bitcoin is traded in many places around the world, only a few emerging market currencies are viable for remittance payments due to the partners in place or the payout methods, fees and connectivity available.&nbsp;</p>
<blockquote><em>Liquidity is always a consideration</em></blockquote>
<p>Although there are many components to cryptocurrency remittances, an important one is liquidity. One needs someone willing to take the other side of a trade in order to transfer money from one location to another via bitcoin (or any other similar crypto) it’s often not a large problem for most cryptocurrency remittance providers as many of the remittance companies have a good list of reliable liquidity providers with capacity far greater than their current need. However, in markets where there may not be liquidity providers (brokers/exchanges/OTC) then bitcoin based remittances are not possible in the local currency and one either needs to settle in another currency or use traditional methods. Opening in an entirely new market with no bitcoin liquidity? Sorry not possible, join the queue at the bank or with Western Union.</p>
<p>&nbsp;<strong>Why Bitshares is Better for Remittances</strong></p>
<p>As things stand currently, Bitshares offers the greatest benefits to a remittance company looking to utilise cryptocurrency as a means to send money quicker, cheaper and to more locations. Bitspark will be aiming for 180+ currencies, instant payments, no cost and zero counterparty risk.</p>
<p>1. Pegged Cryptocurrency Creation</p>
<p>The ability to access the worlds 180+ currencies gets hard past about 30 currencies. Often this requires money transfer providers to open accounts all over the world in different jurisdictions, connect to disparate and often unreliable payment mechanisms which are all intricately different in every country. This leads to it being virtually impossible to connect to everything yourself as a payment provider and instead these providers are forced to connect to the few gatekeepers who do have some semblance of a connection to a payout network. The gatekeepers in these jurisdictions then need to manage their own liquidity and often settle balances between themselves and others in a common currency which is typically USD. This works but it also means there is the additional conversion on their end from the local currency to and from USD which can add a significant cost which is why remittance costs to and from African countries are the highest in the world in that these currencies are often very difficult to access liquidity in and there is usually only one company or bank which has the connection to the local payment mechanism. &nbsp;</p>
<p>Africa is a good example whereby several countries may share the same currency like CFA, yet a bank in Mali may not be able to send CFA to a bank in Benin even though it is the same currency as they can lack the interbank connections to make it work. So there are also regional differences to take into account with payment providers needing accounts in both locations to settle appropriately. &nbsp;</p>
<p>The problem to solve is <strong>access</strong>. Bitshares enables anyone to create a pegged asset and trade it on their decentralised exchange, not only is the asset itself decentralised with no counterparties but also when you trade that asset with others there is no counterparty risk at the exchange level too. This is important for a few reasons: &nbsp;&nbsp;</p>
<ul>
  <li>No counterparties to create the asset means no risk of bank account closure or bank correspondent account closure - the biggest issue in remittances globally at the moment.&nbsp;</li>
  <li>No counterparty risk when trading means you do not need to keep money at a centralised exchange or broker which can go down, get hacked, become insolvent or run away with money.&nbsp;</li>
  <li>Creating a pegged asset without needing to trust an intermediary who says they have the money backing it and instead, the money and value backing it is in a smart contract on the blockchain transparent to everyone</li>
  <li>You can create a pegged asset for anything, for every currency or commodity opening up possibilities for new companies and markets. &nbsp;</li>
</ul>
<p>The Bitshares Blockchain can solve the problem of access as there is no need to hedge USD and rely on a &nbsp;single gatekeeper. &nbsp;Once people can settle between one another in their native currency and with new money transmitter providers they can directly trade/access liquidity in various FX pairs that were virtually non-existent previously.</p>
<p>2. Cheap and Fast</p>
<p>The Bitshares Blockchain itself is built to scale to 100,000 transactions per second with fees as low as fractions of cents and confirmation times sub 3 seconds. Additionally, the Bitshares Blockchain has been fully functioning for 2+ years and has past its testing stage as a viable Blockchain. It is also tangibly more scalable than other public Blockchains currently in terms of throughput. &nbsp;&nbsp;While this is not a technical paper regarding proof of work, proof of stake and so on, the fact is that as a remittance provider we need to convey a trustless token of value across the world quickly, in a value pegged to a local fiat and with a predictable fee which is something Bitcoin cannot achieve at this moment. As for other altcoins, many are either too immature (no documentation or robust tools/APIs), function the same as Bitcoin (need access to liquidity in local fiats and gateways), do not solve our problems (settlement ledgers have no big benefit as they are still beholden to liquidity pools and gatekeepers) or just plain don't exist yet. &nbsp;Being able to send individual transactions for a low cost quickly can reduce capital outlays as instead of sending a bulk amount of bitcoin to a liquidity provider and drawing down on the balance, payments can be made as and when they come, freeing up capital for other things. &nbsp;</p>
<p>3. Liquidity Can Be Less Of An Issue</p>
<p>In the Bitcoin world, a willing participant is needed on the other side of a trade to fill the equivalent fiat value when conducting a cross border transfer. This usually means the need to integrate with one or several liquidity providers or manually manage your payments incoming and outgoing as well as manage your BTC exposure appropriately. At some stage you need people with fiat to offload incoming BTC with, which in many countries can be quite challenging. &nbsp;The vital connection to local liquidity is through fiat currency, in order to participate as a market maker in various countries you need fiat currency to deposit and exchange with which often means you need to actually be in country to be a market maker as you will need bank accounts denominated in those currencies. However there are not always market makers in every country. For example it is easy to send someone Bitcoin in Myanmar but harder to find more people with Kyat (the local currency) to exchange for BTC, in order to do that the only way to get Kyat into the system is through some centralised entity or gateway and if that doesn’t exist then you’re out of luck. &nbsp;</p>
<p>With decentralised pegged cryptocurrencies issued on Bitshares, anyone can issue the fiat pegged cryptocurrency so long as they have appropriate BTS to lock up in a smart contract as collateral. This is important as it means anyone around the world can participate as a market maker in various global currencies on the fiat side of the trade without the need to have the local fiat currency on hand via a gateway, it can be entirely automated and done digitally. &nbsp;This means there is one less hurdle for liquidity in new markets and there is also a natural incentive to create more liquidity- if there is a rising demand for a fiat pegged cryptocurrency then it will be trading higher than its real price so you can make money in creating (locking up BTS collateral) and selling it to the market. While not a silver bullet this improves accessibility to liquidity in any geography or fiat currency in the world. &nbsp;</p>
<p>4. A Real Decentralised Exchange with Zero Counterparty Risk</p>
<p>As noted, Bitcoin remittance companies and OTC traders rely on a number of intermediaries to ensure they have adequate liquidity to be enter and exit Bitcoin profitably. It doesn't matter how reliable, trustworthy or regulated these intermediaries are, it is still a counterparty risk where &nbsp;trust is needed in the process. If there is any issue with any of your intermediaries it can affect your business severely. For example a money transfer operator can lose their bank account simply because banks foresee risk in remittances, not due to any breaches a money transfer operator has actually done. This is unacceptable as global micropayments grow and a need for a trustless system to exchange value becomes more in demand, Bitspark believes the Bitshares DEX is one step closer to making that happen. There have been many attempts at decentralised exchanges and many are in operation today like Bitsquare, Openbazaar and other altcoins like Waves &nbsp;but none are as well suited to remittance companies as the Bitshares DEX.</p>
<p>The Bitshares DEX has been in operation for 2+ years with professional trading and charting information in addition to the light client being connected to your wallet directly for voting on Blockchain proposals and fiat gateway support. It is by far the most developed DEX which lists hundreds of assets and unlike alternatives it is fast as all users are trading other IOUs or decentralised tokens there is no need to wait for settlement, it can be done almost instantly, on the Blockchain. &nbsp;Of course another big benefit is that exchange mismanagement like MTGox is eliminated as &nbsp;&nbsp;there is no sole entity in control of your funds- anyone is in complete control of their funds at any given time and they are safeguarded from having to trust various intermediaries. &nbsp;</p>
<p><strong>Bitshares Still Needs Improvements</strong></p>
<p>One of the key areas is governance. Unlike Proof of Work mining, Bitshares uses a delegated proof of stake model whereby 25 ‘Witnesses’ who are elected produce blocks (and get rewarded in BTS), not miners. This has a few benefits like speed and potential decentralisation but there are some key additions Bitshares could update to improve governance in this area. &nbsp;Firstly, for a Witness to be active it needs to get voted in, however once in the top 25 there is no easy method to track performance of that Witness. Potentially a Witness could miss blocks and perform poorly and because votes do not decay (and if some accounts are lost or abandoned their votes still count like dead people from the past voting in elections), they will remain in getting paid and doing a bad job. A proposal in the short term could be that votes should decay at some rate forcing users to review a Witnesses performance (perhaps a worker proposal should be to display this performance to everyone within the light wallet) and vote again for the best for and the pool of active Witnesses should be expanded beyond 25. &nbsp;</p>
<p>Another area shared by newer members of the community is the steep learning curve of the UI, out of date docs on bitshares.org and lack of gateways. These are not issues of the protocol but moreso opportunities for someone to improve via a worker proposal or for a business to setup a new resource hub for information and a new trading interface. Keeping in mind inbuilt voting and decentralised exchanged as part of a trustless network is something that seldom few if any other cryptocurrencies have so there is bound to be areas of improvement. &nbsp;&nbsp;</p>
<p><strong>Alternatives</strong></p>
<p>In time, more viable alternatives will arise and Bitspark will endeavour to integrate these options aswell into our product offering, but at the moment they are not ready. MakerDAO and Waves are nowhere as developed/documented and cannot do half of the described above, EOS and OpenANX do not exist yet and other alternatives like Tether are centralised with counterparty risk and don't fulfil our requirements. Other settlement layers like Ripple, Stellar or the defunct Falcon Protocol don't actually move value and are no different than using a MySQL database or they are cryptocurrencies which may be better than bitcoin for payments but have no liquidity and address none of the above about creating decentralised fiat pegged cryptocurrencies, great for banks but not for remittance providers. Maybe these alternatives will change over time and address the needs of remittance providers, we absolutely do hope this is the case and are willing to support them when they can address simple remittance use cases: Pegged fiat currency creation, decentralised exchange, fast and cheap Blockchain and inbuilt market making incentives. But until that stage we will be pursuing integration with Bitshares in addition to our existing Bitcoin services &nbsp;</p>
<p><strong>Bitspark Next Steps</strong></p>
<p>Our focus is on the transition to the Bitshares Blockchain for the rest 2017 &nbsp;and will be fully operating in time for &nbsp;Bitspark’s most recent project with the United Nations in Tajikistan where Bitspark will be facilitating domestic and international transfers. We believe that the Bitshares Blockchain will eliminate current hurdles with the Bitcoin Blockchain and will be able to apply some of its benefits to the context of Tajikistan whereby previously inaccessiblity to exoitc currencies such as the Tajik Somoni can be revolutionised with Bitshares technology and lead to a cheaper, more secure, faster and trustless system of payment. We look forward to working with local stakeholders and payment providers for the end to end process and believe that great developments will be brought around by this change. &nbsp;&nbsp;While our first market of Central Asia will be Tajikistan, our aim is to make Bitspark accessible for existing and new partners anywhere in the world. Bitspark’s priority is to enable access to a complete set of currencies with focus on developing countries and we believe giving access to trade into and out of any currency within seconds for no cost will bring great benefit to local people via economic activity and financial inclusion.&nbsp;</p>
</html>

👍 thejohalfiles, blocktrades, glitterfart, xeldal, vortac, steempower, wackou, roadscape, kingscrown, cyrano, xeroc, fatboy, bleujay, chryspano, johnsmith, lafona-miner, matt-a, modprobe, geoffrey, chris4210, idealist, demotruk, drorion, lafona, vato, stan, pheonike, steemrollin, ash, pmartynov, smailer, eric-boucher, cm-steem, fractalnode, thecryptofiend, oaldamster, slavix, sesises, xanoxt, taconator, sauna, michaelx, facer, edb1984, robrigo, benjojo, gamer00, rubenalexander, troglodactyl, lsc9999, blockchained, mys, rusteemitblog, tonypeacock, mada, brendio, m8586, ashaman, tyler-fletcher, ihashfury, drpuffnstuff, natra, steppingout23, raizen, and 156 others

`author`	bitspark
`permlink`	bitspark-switching-to-bitshares-for-remittances
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin","bitshares","bitspark","remittance","blockchain"],"links":["https://cointelegraph.com/news/we-need-more-blockchain-companies-in-remittance-sector-heres-why"],"app":"steemit/0.1","format":"html"}
`created`	2017-08-10 03:54:00
`last_update`	2017-08-10 04:29:36
`depth`	0
`children`	60
`last_payout`	2017-08-17 03:54:00
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	345.432 HBD
`curator_payout_value`	104.975 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	17,519
`author_reputation`	21,288,300,075,820
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,351,855
`net_rshares`	129,698,157,172,928
`author_curate_reward`	""

properties (23)vote details (220)

voter	rshares	pct
blocktrades	18,223,539,890,368	30%
modprobe	889,062,237,707	21%
cyrano	2,277,340,314,525	100%
wackou	2,885,990,167,883	30%
xeldal	8,632,869,426,231	100%
lafona-miner	1,172,546,795,979	15%
troglodactyl	113,545,014,070	5%
lafona	650,732,373,227	30%
ihashfury	32,753,309,852	26%
roadscape	2,541,248,389,010	11%
xeroc	2,219,313,458,525	100%
taconator	185,316,826,583	100%
stan	566,098,005,762	100%
benjojo	135,268,331,435	25%
steempower	3,816,069,599,027	100%
pheonike	560,507,444,091	100%
markopaasila	8,883,114,443	100%
steemrollin	542,441,863,541	100%
bangking	12,656,016,443	100%
fractalnode	386,467,145,113	100%
ash	536,182,690,593	100%
mf-tzo	10,101,863,763	100%
chris4210	790,608,150,402	100%
chryspano	1,446,977,367,214	100%
ppitonak	14,425,221,857	100%
vato	607,021,318,455	100%
clickside	1,957,714,670	100%
idealist	744,084,196,689	100%
kingscrown	2,486,952,736,537	22%
lakerta06	974,031,914	100%
oaldamster	311,431,565,178	100%
thecryptofiend	339,662,432,126	25%
cm-steem	411,400,668,640	100%
eric-boucher	413,868,461,329	100%
arjoona	1,373,655,434	100%
imyao	18,287,640,036	100%
facer	173,259,157,844	100%
michaelx	176,650,213,333	100%
knopki	1,178,258,912	100%
geoffrey	848,575,841,681	54%
angusleung100	2,741,996,638	100%
tyler-fletcher	47,757,311,400	100%
superfreek	3,181,164,628	100%
pmartynov	455,581,256,248	100%
robrigo	145,803,758,522	100%
matt-a	949,705,359,448	25%
urbanoid	0	5%
yury-vas	934,055,898	100%
strangerarray	6,755,557,025	10%
vortac	3,862,981,647,092	100%
dnair28	6,062,808,305	100%
shla-rafia	5,170,253,501	9%
demotruk	726,618,012,180	100%
tonypeacock	66,664,200,912	100%
johnsmith	1,317,568,083,475	100%
fatboy	2,184,778,055,705	100%
smailer	431,609,174,353	100%
lsc9999	107,148,720,204	100%
letc	730,579,414	20%
cryptoninja	506,991,420	5%
brendio	59,568,972,008	10%
glitterfart	15,251,661,956,081	100%
madscientistx13	4,838,058,581	100%
bledarus	1,915,442,401	100%
rubenalexander	119,348,835,156	47%
mada	60,350,757,681	100%
justinschwalm	23,430,443,804	100%
suprepachyderm	2,366,350,710	100%
sauna	184,756,843,901	100%
ashaman	47,775,826,218	100%
xanoxt	192,702,407,911	100%
cleateles	783,500,453	100%
siniceku	2,167,263,741	100%
rusteemitblog	80,022,566,176	100%
bleujay	1,480,540,127,395	100%
gamer00	129,755,318,167	20%
thejohalfiles	44,610,294,991,956	100%
sstefan	8,243,807,126	10%
xochicotta	6,300,215,480	16%
willybobob	2,753,462,488	100%
sesises	197,234,442,040	100%
andrusha.mef	355,628,254	100%
treewalker	7,137,701,757	100%
blockchained	94,893,978,970	100%
shaunmza	9,564,426,580	20%
bhikkhu	23,825,818,766	100%
cybertiger	1,875,085,561	100%
funkit	23,177,154,779	50%
itsmee.bosslady	4,195,745,859	100%
eirik	2,127,437,595	10%
cazolsen	622,000,807	100%
taspingo	4,308,741,561	100%
m8586	50,244,559,101	37%
imherenow	619,520,000	100%
dasands2	1,077,606,152	100%
kuruharbi	621,340,000	100%
nuad01	771,887,152	100%
gurudeva	16,720,167,769	100%
drpuffnstuff	30,531,511,334	27%
me-do	1,985,756,419	10%
etcbits	3,538,065,540	100%
stefansoeffky	7,421,052,526	100%
yasein	0	100%
o1123581321	9,656,168,775	100%
cptnsolo	642,735,283	100%
mys	89,752,233,457	100%
zeitspringer	582,348,800	100%
azissuloh	457,713,523	100%
costopher	6,545,989,143	25%
jerome.pacman	4,884,835,257	10%
flauschi	186,953,731	100%
natra	30,008,443,257	13%
gimme-free	619,520,000	100%
catena	11,541,904,787	100%
cryptodc	428,312,530	100%
sadekj	6,946,701,148	100%
mateorite	2,461,091,839	100%
raizen	24,325,093,427	100%
edb1984	157,880,083,823	100%
magicstone1412	2,925,303,708	100%
tsinrong	878,449,754	100%
slavix	280,771,529,404	100%
gokulnk	0	100%
hotsauceislethal	1,514,430,739	100%
buddhagaming	573,132,413	100%
bellmind	627,520,264	100%
ericrumor	5,481,830,673	100%
lws	485,050,278	100%
zapata42	597,836,800	100%
fadhilarnas	503,075,220	100%
zackcovell	1,653,658,303	100%
zeldandroy	607,129,600	100%
william-hatchell	588,661,688	100%
wahyusaputra	320,152,812	100%
steppingout23	24,399,905,290	4%
thevegancyclist	470,835,200	100%
zararina	2,547,083,884	100%
ikenna	1,335,822,075	100%
devilcat	250,905,600	100%
pryzmatic	5,066,196,797	100%
drorion	695,261,299,354	100%
reddeadpanda2012	477,030,400	100%
netdragonx	1,445,330,483	100%
memepatrol	111,513,600	22%
vulturestkn	1,622,649,231	100%
theredhornet	619,520,000	100%
helal	165,337,924	100%
kona	0	100%
sharavovasweet	481,844,377	100%
padmakshi	752,240,014	100%
aaronaugustine	360,063,994	100%
pooja1	517,299,200	100%
awinyaksteemit	692,718,248	100%
varungohil	238,531,098	100%
jelasalyn	619,520,000	100%
theomwc	448,382,438	100%
elliotf1	442,468,226	100%
seikhahmad1	551,372,800	100%
shashankgupta	352,576,426	100%
gabronix	604,072,256	100%
daniel007	150,414,335	100%
beulahlandeu	653,582,177	100%
cryptousage	4,899,112,551	100%
gamos057	616,422,400	100%
aauthespian1	327,394,598	100%
hardinero007	604,032,000	100%
horpey	145,660,822	26.61%
duekie	287,909,401	100%
luceafarul	2,848,377,737	100%
moromaro	1,937,056,289	8%
jwebber	0	100%
gladiator4war	226,154,945	100%
steemhoops99	672,947,635	100%
a1n21t	534,280,090	100%
zeronumbers	618,499,205	100%
mrs.ginger	619,520,000	100%
wahidbudip	1,120,041,960	100%
icoinvestor	0	100%
tiphune	619,520,000	100%
mochsaleh	430,566,400	100%
alfa2141	311,848,737	100%
rizkirz	456,500,474	100%
sharif99	374,809,600	100%
eosfan	619,752,769	100%
cvmidwife	613,324,800	100%
hrishikeshrabha	65,162,323	100%
abdallahfathy	80,983,143	100%
writer1	63,999,396	100%
milennycova	467,737,600	100%
exploxi	899,536,227	100%
hydrastudio99	1,160,650,035	100%
kunrishartanto	371,407,940	100%
mochalcany	1,126,390,428	100%
devrajlove	98,655,181	100%
etnospace	1,137,433,999	100%
bluevesper	539,700,778	100%
lexxydust	1,044,582,145	100%
angelbabyyy	882,091,322	100%
jtavassol	0	100%
merosalah	1,149,039,705	100%
bts-bourgeoisie	1,247,983,481	100%
jjatico6	632,551,674	100%
cryptoprofessor	667,370,636	100%
holbein81	15,711,399,370	100%
gentlejessie	882,089,479	100%
allamo121	940,121,106	100%
jajabormanus	92,851,449	100%
danee94	905,301,382	100%
amarvaran	1,009,759,140	100%
mouadzeyoune	371,404,367	100%
arrkiin	0	100%
gbriol	290,159,600	100%
robertrichart	0	100%
ronaldsteemit89	0	100%
prosieben	0	100%
tt-dogg	0	100%
baksi	0	100%
bobinson	0	100%
putrabone	0	100%
nadjette	0	100%

@alfa2141 · Aug 10 '17

🐒 USERS ONLINE made at imgflip.com
🐒 ONLINE USERS AT POLONIEX BITCOIN PRICE correlation I started collecting data on online users at poloniex . I try to collect the data about the same time every day. I was thinking it would be interesting to see how the amount of users increase or decrease with the Bitcoin price .
🐒

BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED

made at imgflip.com

SUMMARY

🐒 I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when Polinex users ( Blue Column ) Fall Below 40,000 we can look for a rise in Btc price then exit the trade when Polinex users ( Blue Column ) Rise Above 40,000 . I have placed a Black # 1 within the column at bottom of chart to show when this has occurred. And this has happened now 3 times and so far it has worked 3 for 3 for BTC to rise in price .Below are the results of using this Buy pattern.

properties (22)

@araneobit · Feb 7 '18

Hello, we are Project Araneobit - money transfer system based on the blockchain. The Commission for money transfer is set independently.

properties (22)

`author`	araneobit
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20180207t114634445z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2018-02-07 11:46:33
`last_update`	2018-02-07 11:46:33
`depth`	1
`children`	0
`last_payout`	2018-02-14 11:46:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	136
`author_reputation`	372,542,757
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	35,643,970
`net_rshares`	0

@arcange · Aug 11 '17

Congratulations @bitspark!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20170810) in the following category:

* Pending payout - Ranked 9 with $ 235,12

properties (22)

`author`	arcange
`permlink`	re-bitspark-switching-to-bitshares-for-remittances-20170810t163413000z
`category`	bitcoin
`json_metadata`	""
`created`	2017-08-11 14:33:03
`last_update`	2017-08-11 14:33:03
`depth`	1
`children`	0
`last_payout`	2017-08-18 14:33:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	208
`author_reputation`	1,146,606,639,109,506
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,508,119
`net_rshares`	0

@baksi · Dec 25 '17

thanks for the info

👍 baksi

`author`	baksi
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20171225t193246868z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-12-25 19:32:33
`last_update`	2017-12-25 19:32:33
`depth`	1
`children`	0
`last_payout`	2018-01-01 19:32:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	19
`author_reputation`	110,599,401,072
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	25,218,998
`net_rshares`	418,724,360
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
baksi	0 B		418,724,360	100%

@balkrishna · Aug 12 '17

Change bitcoin to any  Altcoins Instantly !  It is a cryptocurrency exchange with the most favorable rates and the fairest terms. Your exchange has never been so smooth.   https://changelly.com?ref_id=44c1f9794b98

properties (22)

`author`	balkrishna
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170812t060711366z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"links":["https://changelly.com?ref_id=44c1f9794b98"],"app":"steemit/0.1"}
`created`	2017-08-12 06:07:03
`last_update`	2017-08-12 06:07:03
`depth`	1
`children`	0
`last_payout`	2017-08-19 06:07:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	213
`author_reputation`	-464,476,183,299
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,571,598
`net_rshares`	0

@bheaze · Aug 12 '17

Bitshares formally Protoshares was always going to be a long term player in this space because it's much more than just a cryptocurrency, glad to see it still going strong and happy I took the plunge a few years ago to buy some.

properties (22)

`author`	bheaze
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170812t104746902z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-12 10:45:03
`last_update`	2017-08-12 10:45:03
`depth`	1
`children`	0
`last_payout`	2017-08-19 10:45:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	228
`author_reputation`	1,126,813,312
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,588,012
`net_rshares`	0

@buy-bitcoin · Aug 15 '17

Good luck to you in Tajikistan.  Your goals are noble and disruptive - a very nice combination in my opinion!

When you get to the point about Bitspark being accessible for existing and new partners anywhere in the world please let us know!

properties (22)

`author`	buy-bitcoin
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170815t231633595z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-15 23:16:36
`last_update`	2017-08-15 23:16:36
`depth`	1
`children`	0
`last_payout`	2017-08-22 23:16:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	240
`author_reputation`	152,576,308,390
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,925,935
`net_rshares`	0

@clickside · Aug 10 '17

$0.31

@bitspark - great write up and detailed use case here for the application of Bitshares DEX.  Assuming all of your technical analysis is accurate, this post is full of nuggets that highlight Bitshares and some of its unique advantages over other technologies. Thanks for the thorough article, and I hope the integration, pegged assets, and migration to using the platform is a huge success!

👍 slavix, holbein81, bitspark, vegolino, tt-dogg

`author`	clickside
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t041856961z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"users":["bitspark"],"app":"steemit/0.1"}
`created`	2017-08-10 04:18:57
`last_update`	2017-08-10 04:18:57
`depth`	1
`children`	1
`last_payout`	2017-08-17 04:18:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.255 HBD
`curator_payout_value`	0.055 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	389
`author_reputation`	121,437,739,685
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,353,341
`net_rshares`	89,687,368,222
`author_curate_reward`	""

properties (23)vote details (5)

voter	rshares	pct
vegolino	612,019,900	100%
slavix	71,956,522,611	26%
bitspark	1,120,022,694	100%
holbein81	15,998,803,017	100%
tt-dogg	0	100%

@bitspark · Aug 10 '17

$0.57

Thanks we think this will be a very positive and big deal for BTS in general and we will be starting this rollout of Bitshares with our recent deal with the UN here: 

http://www.eurasia.undp.org/content/rbec/en/home/blog/2017/7/25/-From-Russia-to-Tajikistan-changing-the-way-money-moves.html

👍 robrigo, tt-dogg

`author`	bitspark
`permlink`	re-clickside-re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t042810496z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"links":["http://www.eurasia.undp.org/content/rbec/en/home/blog/2017/7/25/-From-Russia-to-Tajikistan-changing-the-way-money-moves.html"],"app":"steemit/0.1"}
`created`	2017-08-10 04:28:06
`last_update`	2017-08-10 04:28:06
`depth`	2
`children`	0
`last_payout`	2017-08-17 04:28:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.426 HBD
`curator_payout_value`	0.142 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	292
`author_reputation`	21,288,300,075,820
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,353,845
`net_rshares`	164,045,403,823
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
robrigo	0 B		164,045,403,823	100%
tt-dogg	0 B		0	100%

@cryptousage · Aug 10 '17

$0.04

Can you indicate the sum for a year? Thank you.

👍 ppitonak

`author`	cryptousage
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t115939818z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 11:59:39
`last_update`	2017-08-10 11:59:39
`depth`	1
`children`	0
`last_payout`	2017-08-17 11:59:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.034 HBD
`curator_payout_value`	0.010 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	47
`author_reputation`	38,479,085,902
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,384,000
`net_rshares`	12,910,573,562
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
ppitonak	0 B		12,910,573,562	100%

@cryptousage · Aug 12 '17

Very good pointed out.

properties (22)

`author`	cryptousage
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170812t232741649z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-12 23:27:42
`last_update`	2017-08-12 23:27:42
`depth`	1
`children`	0
`last_payout`	2017-08-19 23:27:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	22
`author_reputation`	38,479,085,902
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,642,041
`net_rshares`	0

@dank-crypomemes · Aug 13 '17

***********************
read if ur holding ripple
i have very very bad news for ripple holders i have read the white paper and its not good news at all

xrp tokens will not be used to transfer value they are just ledgers that will be communicating in the network

they can use other tokens also and ignore xrp if they please.
get out while you can guys , oh also this is just xrp is just token its not a real cryptocurrency its not even a blockchain.

help out your fellow crypto investors and warn them of this finding.
https://steemit.com/ripple/@dank-crypomemes/i-have-very-very-bad-news-for-ripple-holders-i-have-read-the-white-paper-and-its-not-good-news-at-all

👍 dank-crypomemes

`author`	dank-crypomemes
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170813t073548386z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"links":["https://steemit.com/ripple/@dank-crypomemes/i-have-very-very-bad-news-for-ripple-holders-i-have-read-the-white-paper-and-its-not-good-news-at-all"],"app":"steemit/0.1"}
`created`	2017-08-13 07:35:48
`last_update`	2017-08-13 07:35:48
`depth`	1
`children`	0
`last_payout`	2017-08-20 07:35:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	666
`author_reputation`	71,431,323,881
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,666,777
`net_rshares`	517,988,835
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
dank-crypomemes	0 B		517,988,835	100%

@demotruk · Aug 10 '17

$0.05

I've seen your posts on Reddit over the years so it's pretty cool to see you here, jumping on board with BitShares and Steem.

Can you say how big you guys are in volume relative to the other Bitcoin Remittance operators such as Coins.ph, BitPesa and Rebit.PH?

👍 ppitonak, bitspark, tt-dogg

`author`	demotruk
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t132334481z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 13:23:33
`last_update`	2017-08-10 13:23:33
`depth`	1
`children`	0
`last_payout`	2017-08-17 13:23:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.036 HBD
`curator_payout_value`	0.010 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	260
`author_reputation`	278,747,146,820,861
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,392,539
`net_rshares`	13,831,627,607
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
ppitonak	12,694,195,234	100%
bitspark	1,137,432,373	100%
tt-dogg	0	100%

@devrajlove · Aug 11 '17

great news ... sounds good

properties (22)

`author`	devrajlove
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170811t135853478z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-11 13:58:54
`last_update`	2017-08-11 13:58:54
`depth`	1
`children`	0
`last_payout`	2017-08-18 13:58:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	26
`author_reputation`	-72,993,308,238
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,504,651
`net_rshares`	0

@drpuffnstuff · Aug 10 '17

I just posted about how great bitshares was as an exchange! This is great news to add to the viability of bitshares. Sounds like you guys know your remittances and business. Best of luck!

👍 bitspark

`author`	drpuffnstuff
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t052249229z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 05:22:51
`last_update`	2017-08-10 05:22:51
`depth`	1
`children`	0
`last_payout`	2017-08-17 05:22:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	187
`author_reputation`	12,005,071,306,253
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,357,239
`net_rshares`	1,032,974,298
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
bitspark	0 B		1,032,974,298	100%

@eric-boucher · Aug 15 '17

$0.17

Excellent article that gives exposure to the essentials of Bitshares. Good for you, good for us all!   Namaste    :)

👍 eric-boucher, bitspark
👎 smackdown.kitty

`author`	eric-boucher
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170815t001705781z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-15 00:17:06
`last_update`	2017-08-15 00:17:06
`depth`	1
`children`	0
`last_payout`	2017-08-22 00:17:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.166 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	116
`author_reputation`	68,503,601,066,539
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,826,906
`net_rshares`	51,682,424,409
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
eric-boucher	406,388,910,823	100%
smackdown.kitty	-355,867,131,693	-9.26%
bitspark	1,160,645,279	100%

@funkit · Aug 10 '17

$0.06

Your article didn't mention volume. What sums are we talking on an annual basis?

👍 ppitonak, theend, tt-dogg

`author`	funkit
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t045851306z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 04:58:51
`last_update`	2017-08-10 04:58:51
`depth`	1
`children`	1
`last_payout`	2017-08-17 04:58:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.046 HBD
`curator_payout_value`	0.013 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	80
`author_reputation`	9,704,012,486,052
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,355,765
`net_rshares`	17,453,115,980
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
ppitonak	13,920,339,092	100%
theend	3,532,776,888	100%
tt-dogg	0	100%

@eosfan · Aug 10 '17 (edited)

http://i.imgur.com/2tpSI0d.png
http://i.imgur.com/ruYwpnq.png

👍 vegolino, tt-dogg

`author`	eosfan
`permlink`	re-funkit-re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t063032707z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"image":["http://i.imgur.com/2tpSI0d.png","http://i.imgur.com/ruYwpnq.png"],"app":"steemit/0.1"}
`created`	2017-08-10 06:30:39
`last_update`	2017-08-10 06:31:18
`depth`	2
`children`	0
`last_payout`	2017-08-17 06:30:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	61
`author_reputation`	540,339,664,293
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,361,403
`net_rshares`	599,593,100
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
vegolino	0 B		599,593,100	100%
tt-dogg	0 B		0	100%

@gimme-free · Aug 10 '17

oh wow! this is great news for bts!

👍 bitspark

`author`	gimme-free
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t035914574z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 03:59:15
`last_update`	2017-08-10 03:59:15
`depth`	1
`children`	0
`last_payout`	2017-08-17 03:59:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	35
`author_reputation`	190,067,437,472
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,352,153
`net_rshares`	969,138,808
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
bitspark	0 B		969,138,808	100%

@idealist · Aug 15 '17

$0.28

There is a tool for monitoring witness performance, made by @roelandp. https://roelandp.nl/bitshareswitnesslog/

👍 idealist

`author`	idealist
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170815t102250339z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"users":["roelandp"],"links":["https://roelandp.nl/bitshareswitnesslog/"],"app":"steemit/0.1"}
`created`	2017-08-15 10:22:48
`last_update`	2017-08-15 10:22:48
`depth`	1
`children`	0
`last_payout`	2017-08-22 10:22:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.280 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	111
`author_reputation`	3,482,305,647,602
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,866,080
`net_rshares`	82,950,207,931
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
idealist	0 B		82,950,207,931	10%

@itsmee.bosslady · Aug 10 '17

Awesome news!  I can't wait until we're doing this all over the world :)

👍 bitspark

`author`	itsmee.bosslady
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t041106129z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 04:11:06
`last_update`	2017-08-10 04:11:06
`depth`	1
`children`	0
`last_payout`	2017-08-17 04:11:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	72
`author_reputation`	1,362,847,515,027
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,352,875
`net_rshares`	1,050,383,977
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
bitspark	0 B		1,050,383,977	100%

@jelasalyn · Aug 10 '17

This is great to hear! Bitshares has enormous potential that still has not been tapped!

👍 bitspark

`author`	jelasalyn
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t111904687z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 11:19:03
`last_update`	2017-08-10 11:19:03
`depth`	1
`children`	1
`last_payout`	2017-08-17 11:19:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	87
`author_reputation`	3,856,412,380
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,380,689
`net_rshares`	1,125,825,920
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
bitspark	0 B		1,125,825,920	100%

@alpav · Aug 11 '17

Totally agree about potential. Just create bitETH/bitUSD trading pair to start tapping it.

properties (22)

`author`	alpav
`permlink`	re-jelasalyn-re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170811t223219787z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-11 22:33:30
`last_update`	2017-08-11 22:33:30
`depth`	2
`children`	0
`last_payout`	2017-08-18 22:33:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	90
`author_reputation`	13,859,123,740
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,546,904
`net_rshares`	0

@joewilder · Aug 10 '17

Great news.

👍 bitspark

`author`	joewilder
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t200421161z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 20:04:21
`last_update`	2017-08-10 20:04:21
`depth`	1
`children`	0
`last_payout`	2017-08-17 20:04:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	11
`author_reputation`	139,719,996,143
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,431,525
`net_rshares`	1,102,613,015
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
bitspark	0 B		1,102,613,015	100%

@johnsmith · Aug 10 '17

$5.75

bitUSD is amazing for moving value around the world quickly, safely and with very little volatility. 3s transactions, send to a named address (instead of a difficult to understand hash of random numbers and letters) and negligible fees.

The most exciting development in Bitshares right now is the HERO token, which is a 5% savings account pegged to the US dollar. Volumes are currently low but it is brand new and working perfectly. The HERO is literally the perfect remittance currency, because it is price stable and pays 5% 'interest' with no lock up period or penalties. Just use it like bitUSD but get a 5% return for just holding it.

I can see services like Bitspark holding their working capital in HERO and using the DEX to move in and out of USD, CNY etc. 

Bitshares has been chugging away for 3-4 years and currently does more op/tx than Bitcoin and Ether combined. Zero scaling issues and extremely fast. BTS is easily the most undervalued crypto out there. A boom to $5-10 is not far fetched at all. Exciting times!

👍 johnsmith, michaelx, slavix, tyler-fletcher, ppitonak, mateorite, bitspark, strangerarray, vegolino, kuruharbi, hardinero007, tt-dogg, spreadthetruth

`author`	johnsmith
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t064807248z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-10 06:48:06
`last_update`	2017-08-10 06:48:06
`depth`	1
`children`	9
`last_payout`	2017-08-17 06:48:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	5.580 HBD
`curator_payout_value`	0.167 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,030
`author_reputation`	22,729,726,767,685
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,362,558
`net_rshares`	1,648,719,629,272
`author_curate_reward`	""

properties (23)vote details (13)

voter	rshares	pct
ppitonak	14,208,843,529	100%
michaelx	165,889,794,247	100%
tyler-fletcher	48,731,950,408	100%
strangerarray	711,111,265	1%
johnsmith	1,340,416,084,923	100%
kuruharbi	608,913,200	100%
vegolino	621,340,000	100%
mateorite	2,411,870,002	100%
slavix	73,367,434,819	26%
hardinero007	591,641,600	100%
bitspark	1,160,645,279	100%
spreadthetruth	0	100%
tt-dogg	0	100%

@ashaman · Aug 10 '17

$4.38

bitUSD is market pegged to the US Dollar, so while it is price stable, it still suffers any inflation USD experiences.
> HERO token, which is a 5% savings account pegged to the US dollar

This is inaccurate. HERO's price feed is a formula, making it pegged to the value of the USD on [December 23rd 1913](https://www.thenation.com/article/december-23-1913-the-federal-reserve-is-created/), with 5% deflation going forward from that day. This means HERO appreciates in value at the rate of 5% annually, not against the value of USD today (which is variable), but against the **fixed** value of USD the day the Fed was founded.

For anyone who is used to thinking in terms of whatever inflationary fiat currency is chosen by the country they live in), __HERO is a **completely liquid** savings account__ that earns __more than 5% APR__. While HERO appreciates at 5%, fiat currencies are also inflating, so the actual return from holding HERO will be something more like `rate=5+x` where `x` is the rate of inflation in the fiat currency it's being compared to.

👍 johnsmith, decibel, ashaman, hardinero007, tt-dogg

`author`	ashaman
`permlink`	re-johnsmith-re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170810t214557319z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"links":["https://www.thenation.com/article/december-23-1913-the-federal-reserve-is-created/"],"app":"steemit/0.1"}
`created`	2017-08-10 21:45:57
`last_update`	2017-08-10 21:45:57
`depth`	2
`children`	1
`last_payout`	2017-08-17 21:45:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	3.437 HBD
`curator_payout_value`	0.946 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,058
`author_reputation`	3,785,245,463,720
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,439,319
`net_rshares`	1,288,474,902,454
`author_curate_reward`	""

properties (23)vote details (5)

voter	rshares	pct
johnsmith	1,236,992,225,318	100%
ashaman	23,524,137,782	50%
decibel	27,376,190,554	100%
hardinero007	582,348,800	100%
tt-dogg	0	100%

@johnsmith · Aug 11 '17

$4.15

Excellent point, had never thought about 5+x! I really hope HERO goes mainstream, could really change lives

👍 johnsmith, tt-dogg

`author`	johnsmith
`permlink`	re-ashaman-re-johnsmith-re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170811t102936702z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-11 10:29:33
`last_update`	2017-08-11 10:29:33
`depth`	3
`children`	0
`last_payout`	2017-08-18 10:29:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	4.150 HBD
`curator_payout_value`	0.003 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	107
`author_reputation`	22,729,726,767,685
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,487,429
`net_rshares`	1,206,449,207,409
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
johnsmith	0 B		1,206,449,207,409	100%
tt-dogg	0 B		0	100%

@balkrishna · Aug 12 '17

Change bitcoin to any  Altcoins Instantly !  It is a cryptocurrency exchange with the most favorable rates and the fairest terms. Your exchange has never been so smooth.   https://changelly.com?ref_id=44c1f9794b98

👍 balkrishna
👎 jerome.pacman

`author`	balkrishna
`permlink`	re-johnsmith-re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170812t060740018z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"links":["https://changelly.com?ref_id=44c1f9794b98"],"app":"steemit/0.1"}
`created`	2017-08-12 06:07:33
`last_update`	2017-08-12 06:07:33
`depth`	2
`children`	0
`last_payout`	2017-08-19 06:07:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	213
`author_reputation`	-464,476,183,299
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,571,632
`net_rshares`	-4,265,315,257
`author_curate_reward`	""

properties (23)vote details (2)

@bitspark · Aug 10 '17

$1.50

We are watching HERO closely and this is likely a use case for the storage of a portion our customer balances in USD pegged currencies- e.g. HKD, AED, USD etc. +5% ;)

👍 michaelx, robrigo, nomoreheroes7, strangerarray, tt-dogg

properties (23)vote details (5)

@michaelx · Aug 10 '17

Everyone needs a HERO - http://billionherocampaign.com

properties (22)

@rakibulce · Aug 12 '17

Hello , welcome to steemit !! i follow you and i like your post , Really Nice post and information of the post . you can Follow me . i post very technology base post . if you Follow and up vote i also up vote you.https://steemit.com/@rakibulce

properties (22)

@tt-dogg · Oct 14 '17

$0.15

Thoughts on zeph coin price after ico launch?

👍 aurora-ca, tt-dogg

properties (23)vote details (2)

@johnsmith · Oct 16 '17

Depends on if they get listed on Bitfinex, Bittrex or Polo. Any one of those exchanges will pump it 10-100x. 

If not on the crooked CEXs growth in token price will come from, you know, an actual business creating real value. Bitspark has been in business for several years and has a solid implementation plan for the remittance business on BTS.

In a couple years they could hit several dollars each...

👍 tt-dogg

properties (23)vote details (1)

1 reply

@lafona · Aug 16 '17

Glad to see the plan to build on the bitshares platform. Please keep us informed as I think there are many community members interested in seeing projects like this succeed and helping if they can.

properties (22)

@magicstone1412 · Aug 10 '17

Upvoted ans Follow you. I hope that you will create many valuable things on bitshares platform.

👍 bitspark

properties (23)vote details (1)

@markopaasila · Aug 16 '17 (edited)

$0.03

This is great news, and certainly a well thought out step for Bitspark. It is still somewhat unpopular to choose Bitshares instead of the popular ones like Ethereum, but you act serves to show that you are serious about fundamentals and not just hype-potential. I wish you success!

I would like to hear more about how you intend to get the rest of the world  currencies issued. It's more work than just a click of a button. Also what you think about liquidity. Could shorting bitAssets and providing liquidity be somehow combined with the Hero Challenge? After all, creating the necessary liquidity is a challenge. First one needs 2x collateral,  then the actual liquidity to minimize slippage. Also there's the problem that liquidity gets spread thin over the abundance of possible market pairs.

I'm looking forward to reading more about your approach here on Steem or on your blog.

👍 markopaasila, eosfan, tt-dogg

properties (23)vote details (3)

@michaelx · Aug 10 '17

$1.17

Welcome to the party @bitspark, we are super excited to have you!

👍 michaelx, robrigo, bitspark

properties (23)vote details (3)

@natra · Aug 10 '17

$0.79

bitshares is super under valued, how many exchanges need to have problems before bitshares dex begins to dominate as one of the best exchanges.

👍 natra, bitspark, theredhornet, tt-dogg

properties (23)vote details (4)

@alpav · Aug 11 '17

$0.09

How many years need to pass before BitShares implements at least top 20 most popular trading pairs that are available on exchanges ?

👍 getsome3000, markopaasila, tt-dogg

properties (23)vote details (3)

@markopaasila · Aug 16 '17

$0.03

The lack of several cryptocurrencies (IOU's) could be seen as a business opportunity by someone. After all, the issuer gets the trading fee's.

👍 markopaasila

properties (23)vote details (1)

@padmakshi · Aug 12 '17

Great news

properties (22)

@ppitonak · Aug 10 '17

I still don't understand how you want to use the BitShares platform. Are you going to issue bitTJS for Tajikistan remittance or will you use bitUSD? People then need to find somebody to exchange bitUSD/bitTJS to  real TJS?

👍 bitspark

properties (23)vote details (1)

@bitspark · Aug 10 '17

$0.60

Great question and something we will be expanding upon in a future post in the coming weeks. Stay tuned!

👍 robrigo, ppitonak, tt-dogg

properties (23)vote details (3)

@buy-bitcoin · Aug 15 '17

How about using SPARK.TJS for your Tajikistan remittances? You could also use SPARK.USD as an alternative to bitUSD. 

If you build all your localized coins around the SPARK symbol like openledger does e.g. OPEN.BTC, OPEN.ETH etc. then you will achieve very strong "brand" for your service that will ignite your growth rate for years and years.

properties (22)

@shashankgupta · Aug 11 '17

Hey Great Article!!
It was really useful and Informative!!
Thanks for posting such an impressive article...it totally inspired me..
I write articles on bitcoins and other stuffs would really appreciate if you would check them out and give your views on it..
Thanks and i already upvoted and followed you :)
Hope to get followed back.
Cheers!!

properties (22)

@slavix · Aug 10 '17 (edited)

This is HUGE!
Bitshares is an exellent platform, one thing missing is VOLUME. With remittance providers like Bitspark adopting Bitshares volumes will rise and Bitshares will explode in popularity and increase volume even more sending Bitshares price to the moon.
I am buying more Bitshares.

👍 bitspark, theredhornet, tt-dogg

properties (23)vote details (3)

@buy-bitcoin · Aug 15 '17

You should buy and sell bitshares. That will add to the volume. I am hoping that UI improvements make trading on the exchange more user-friendly.

properties (22)

@theredhornet · Aug 10 '17

$0.24

BitShares is clearly one of the best crypto-platform,  using centralized platform for decentralize crypto is strange. 
Moreover BitShares DEX is not in beta version but real production !

👍 slavix

properties (23)vote details (1)

@alpav · Aug 11 '17

Really ? There are visible bugs there. Also popular trading pairs are missing, like bitETH/bitUSD.
To me it looks very much like Demo version. No wonder there is no volume.

properties (22)

@slavix · Aug 10 '17

Market makers on Bitshares need to have guaranteed income to attract more capital to the platform.

properties (22)

@eosfan · Aug 10 '17

you can already make markets on the dex with btsbots.com :)

👍 vegolino

properties (23)vote details (1)

@slavix · Aug 10 '17

Hmm, went to btsbots.com to try but it seems unclear how.. that website is very difficult to use.

properties (22)

3 replies

@steemitboard · Aug 17 '17

Congratulations @bitspark! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpayout.png)](http://steemitboard.com/@bitspark) You got your First payout
[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/payout.png)](http://steemitboard.com/@bitspark) Award for the total payout received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!

properties (22)

@thebul · Aug 11 '17

Thank you for the information.

properties (22)

@tonypeacock · Aug 10 '17

$0.48

This is great news and a wise move on your part. Well done :)

👍 slavix, tonypeacock, bitspark, strangerarray

properties (23)vote details (4)

@toscani40 · Aug 11 '17

Hello my name is Toscani...I just lost my job...i worked really hard as a waiter for like 10 years in a restaurant...worked night after night shifts but still they decide they don't need my services anymore and that they don't have money to pay me so they just kick me out . It was really hard for me to find this job because i don't have much education....i didn't go to college...but i did look for more waiter jobs but i got rejected because i'm too old and they need young people.
The real problem is that i have a debt of 759 $ to my apartment rent and if i don't pay till the end of the month they gonna kick me out from my own home. I don't have friends and my family won't lend me any money...
My only hope now to raise this money is steemit...i like it alot here and the community is very nice...

Please if you would like to help me , a upvote would be awesome and would help me tremendously to raise the money i need.
Thank you very much for your help and i hope you have a great day .

👎 philsquared

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
jerome.pacman	0 B		-4,884,835,257	-10%
balkrishna	0 B		619,520,000	100%

voter	rshares	pct
nomoreheroes7	96,146,196,405	100%
michaelx	169,476,600,609	100%
robrigo	164,045,403,823	100%
strangerarray	711,111,265	1%
tt-dogg	0	100%

`author`	rakibulce
`permlink`	re-johnsmith-re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170812t221628318z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"links":["https://steemit.com/@rakibulce"],"app":"steemit/0.1"}
`created`	2017-08-12 09:16:57
`last_update`	2017-08-12 09:16:57
`depth`	2
`children`	0
`last_payout`	2017-08-19 09:16:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	243
`author_reputation`	16,578,151,879
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,582,167
`net_rshares`	0

voter	rshares	pct
markopaasila	7,792,939,053	100%
eosfan	619,752,769	100%
tt-dogg	0	100%

voter	rshares	pct
michaelx	173,063,406,971	100%
robrigo	164,560,389,314	100%
bitspark	998,154,940	100%

voter	rshares	pct
natra	225,063,324,428	100%
theredhornet	610,227,200	100%
bitspark	1,137,432,373	100%
tt-dogg	0	100%

voter	rshares	pct
markopaasila	7,927,300,071	100%
getsome3000	19,658,450,960	100%
tt-dogg	0	100%

voter	rshares	pct
ppitonak	13,199,077,999	100%
robrigo	157,969,648,126	100%
tt-dogg	0	100%

voter	rshares	pct
theredhornet	600,934,400	100%
bitspark	992,351,713	100%
tt-dogg	0	100%

`author`	steemitboard
`permlink`	steemitboard-notify-bitspark-20170817t171836000z
`category`	bitcoin
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-08-17 17:18:36
`last_update`	2017-08-17 17:18:36
`depth`	1
`children`	0
`last_payout`	2017-08-24 17:18:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	845
`author_reputation`	38,975,615,169,260
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	12,103,687
`net_rshares`	0

`author`	thebul
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170811t233612736z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-11 23:36:12
`last_update`	2017-08-11 23:36:12
`depth`	1
`children`	0
`last_payout`	2017-08-18 23:36:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	30
`author_reputation`	29,981,884,257
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,550,689
`net_rshares`	0

`author`	toscani40
`permlink`	re-bitspark-bitspark-switching-to-bitshares-for-remittances-20170812t162733888z
`category`	bitcoin
`json_metadata`	{"tags":["bitcoin"],"app":"steemit/0.1"}
`created`	2017-08-11 16:26:45
`last_update`	2017-08-11 16:26:45
`depth`	1
`children`	0
`last_payout`	2017-08-18 16:26:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	996
`author_reputation`	-809,727,599,739
`root_title`	"Bitspark Switching to Bitshares for Remittances"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	11,518,873
`net_rshares`	-432,215,520,068
`author_curate_reward`	""