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BitShares price to surge to a reportedly whopping $100.00 USD by Christmas! (2017) - BitShares ousts Bitcoin in Hong Kong and elsewhere as US and Australian Government Regulators move in by nandibear

View this thread on: hive.blogpeakd.comecency.com
· @nandibear · (edited)
$15.31
BitShares price to surge to a reportedly whopping $100.00 USD by Christmas! (2017) - BitShares ousts Bitcoin in Hong Kong and elsewhere as US and Australian Government Regulators move in
https://www.nandibear.com/img/bitshares.org-bitshare-price-100-dollars-USD-surge-2017-christmas-steemit.com-nandibear.com-bitcoin-luke-2018.png

<center><h2>US and Australian regulators to move in on centralized exchanges<br>
BitShares and their high performance decentralized exchange becoming more attractive</h2></center>

Recently it was announced (<a href="https://blog.bitspark.io/bitspark-switching-to-bitshares-for-remittances/">Part 1</a> and <a href="https://blog.bitspark.io/part-2-bitspark-switching-to-bitshares-and-unbanking-the-banked/">Part 2</a>) that <strong>Hong Kong's</strong> <a href="https://bitspark.io/">Bitspark</a> Remittance Platform for Money Transfers has switched from Bitcoin to Bitshares' blockchain.

https://www.nandibear.com/img/bitshares.org-bitshares-vs-bitcoin-2017-2018-bitshares-price-100-dollars-surge-steemit.com-nandibear.com-luke.png

In <strong>Australia</strong> the parliament has <a href="https://www.nandibear.com/docs/Australian-Bitcoin-and-Cryptocurrencey-Exchange-Bill-2017.pdf">officially proposed</a> penalties of 2 years in prison for first time offenders, and 4 to 7 years in prison for persons who have been previously 'directed' by <strong>AUSTRAC</strong>*, who are charged with violating laws regarding <strong>unlicensed cryptocurrency exchanges</strong>.

*AUSTRAC - <em>Australian Transaction Reports and Analysis Centre</em> is an Australian government financial intelligence agency set up to monitor financial transactions to identify money laundering, organised crime, tax evasion, welfare fraud and terrorism.

A substantial portion of the customer base at the Australian cryptocurrency exchange <a href="https://www.coinjar.com/">CoinJar</a> have moved to <a href="https://bitshares.org/">BitShares decentralized exchange</a>.

<center><h2>BitShares price to surge to a reportedly whopping $100.00 USD by Christmas!</h2></center>

<center><h2><a href="https://bitshares.org/">BitShares.org</a></h2></center>

<center><a href="https://www.nandibear.com/bitshares-price-to-surge-to-a-reportedly-whopping-100-usd-by-christmas-2017-bitshares-ousts-bitcoin-in-hong-kong-and-elsewhere-as-us-and-australian-government-regulators-move-in"><img src="https://nandibear.com/img/nandibear.com.jpeg"></a></center>

<center><strong>Thanks for stopping by and reading!</strong></center>

<center><strong>PLEASE leave some comments!  Talk a little!</strong></center>

<center><strong><a href="https://steemit.com/@nandibear">Steemit.com/@nandibear</a></strong><strong> and <a href="https://nandibear.com/">NandiBear.com</a></strong></center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 191 others
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@arcange ·
Congratulations @nandibear!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-for-newcomers-20170821) in the following category:

* Upvotes - Ranked 10 with 249 upvotes
👍  
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@nandibear ·
$0.03
Hey @arcange thank you VERY MUCH for mentioning my post in your <a href="https://steemit.com/hit-parade/@arcange/daily-hit-parade-for-newcomers-20170821">Hit Parade</a>!
👍  ,
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@armshippie ·
So many Crypto currencies so little time
👍  ,
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@arpepa ·
$0.02
Thanks for making a point about customer base movements - I have to study more of it.

At the moment I'm waiting if BTS will be able to do what IOTA achieved in a quite short order. BTS and IOTA are totally different kind of coins but circulating supplies - although  not equal - are close to each other. 

I'd like to see BTS move from 0,13$ to 1$ in a way IOTA did recently. After that a place in TOP10 should be nailed for a while. Many coins seem to have  their momentum one after another. NEO a while ago, XMR today, BTS in August/September?

Upvoted.
👍  , ,
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@appupanchal ·
with the same state of mind.
👍  
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@arpepa ·
$1.12
Thanks for the comments and upvotes.

Playing with the idea and math a bit more:

BTS price level in the beginning: 0,13$
Timeframe: 30 days
AVERAGE price movement: 7% upwards per day
BTS price level at the end of the timeframe: approx. 0,99$
Average price movement includes/allows bigger daily up/down moves during the timeframe. 

That is it if I calculated correctly. I'm not saying this is going to happen but  - as mentioned earlier - I liked playing with the idea and see it as a speculative possibility. A lot may depend on how and when the marketing campaign takes off in its full strenght. 

Other fundamental elements - such as positive customer base movements - help the case of BTS as well!
👍  
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@nandibear ·
$0.03
hi @arpepa yes absolutely customer base movements is an area which needs more study and to be taken more seriously.
👍  ,
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@bluedemon00 ·
Nice post !!!  Bitspark is teaming up with the united nations in a pilot program for remittances for tajikistan. If they are able to pull this off  and add 180 EXOTIC smart coins it could be a game changer and boost BTS big time!!!
👍  
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@bob-elr ·
Thanks for sharing
👍  
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vote details (1)
@coinratecap ·
Nice post. You may need to read this https://steemit.com/steemit/@coinratecap/bitcoincash-wait-for-it-to-crash-first
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@jamie-smith ·
$0.04
So excited about buying bitshares! Thanks for the valuable tip Nandibear. I'll keep an eye on your posts for more advice on getting rich with crypto. I'll do anything to not have to work anymore crappy minimum wage jobs that require me to surrender my entire life as I know it. Great post!!
👍  , ,
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@jeffjagoe ·
$0.04
That would be pretty awesome
👍  ,
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vote details (2)
@jimbojones ·
$0.10
$100 from 13 cents?

Total supply of bitshares is around 2billion.. to get to $100 would be impossible.

Although the price is down alot at the moment it may be a good time to buy.. but shit 2 billion is alot.

Can't expect such huge gains when the coin supply is so large.
👍  , ,
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vote details (3)
@jimbojones ·
Interesting about the Australian parilment tho.. i am in Australia.. they are always making crazy laws lol..
👍  
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vote details (1)
@johnsmith ·
$7.22
Bitshares should be in the top 3 on CMC based on current transaction/operation volumes (more than Bitcoin and Ether combined). It would take very little buying to hit $10 and a $2.5Bn cap. There is some serious manipulation going on at Polo and a couple of short whales holding the price down. 

Bitshares is finally starting to get some attention as people realize centralized exchanges are crooked and can steal your money, whereas the Bitshares DEX is as safe as a wallet and doesn't require you to trust anyone - no one can 'hack' the DEX.

Bitspark is huge news and will add much needed liquidity. The perfect storm is brewing for a massive Bitshares bull run. $1 is easy, then I can see $10 coming really fast.

$100? Hell yes! Bring it on!
👍  , , , , , , , ,
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vote details (9)
@sfletcher62372 ·
$0.09
Hi John, just read that Bitcoin are about to activate their Lightning Network over the next 2 weeks:

1) Trustless instant nearly zero-fee transactions
2) Scales to billions of users
3) Thousands of new apps

How do you see this affecting Bitshares?
👍  ,
properties (23)
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vote details (2)
@lexiconical ·
Those claims are nonsense. They are adding more trust, not less.

Too little, too late imo.
👍  
properties (23)
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vote details (1)
@nandibear · (edited)
$0.03
Hi @sfletcher62372 correct me if I'm wrong but isn't the <strong>Lightning Network</strong> going to make Bitcoin more centralized?

Don't get me wrong, I appreciate your comment  and I welcome free speech.  You're thoughts are welcome here.

ping to @johnsmith
👍  ,
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vote details (2)
@lexiconical ·
What is your basis for the "reportedly $100" number?
properties (22)
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@sfletcher62372 ·
$0.90
Probably the same basis for the OPs estimate of $2,500 per Eos.

I get that investment is exciting but there really needs to be a bit of realism here.
👍  , ,
properties (23)
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vote details (3)
@lexiconical ·
$0.02
Wow, $2500 per EOS would really have me cashing in...
👍  ,
properties (23)
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vote details (2)
@practicaleric ·
$0.03
I hold some bitshares and that predicted $100 would be wonderful. :)
👍  ,
properties (23)
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vote details (2)
@quattrophoto ·
the whole open.btc idea is great but I think it will look suspicious to many users that they only hold bts back coins
👍  
properties (23)
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vote details (1)
@randowhale ·
$0.05
This post received a 3% upvote from @randowhale thanks to @nandibear!  For more information, [click here](https://steemit.com/steemit/@randowhale/randowhale-is-now-only-1-steem-sbd-per-vote-spread-the-news)!
👍  , , ,
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vote details (4)
@sfletcher62372 ·
$0.04
There's absolutely no chance. Far too many BTS in circulation. The calculations don't add up. I think I saw @stan say somewhere that there was a target price of $300 per BTS. 2.5bn times 300? Even with HEROs locking up BTS and reducing supply, these figures are simply fantasy.

BTS is fast becoming the Betamax of Crypto. I had a friend message me this morning telling me I should buy OmiseGO - which is basically a decentralised exchange on Ethereum and it hasn't even been built yet! Why do people know about OMG yet not BTS?

It's really starting to become a very frustrating hold
👍  ,
properties (23)
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vote details (2)
@lexiconical ·
$0.70
I couldn't have said it better. Great comment. I've been using the betamax example too.

In markets, the best tech does not automatically win.
👍  ,
properties (23)
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vote details (2)
@sfletcher62372 ·
$1.21
The thing is the Billion Hero Campaign is only just starting, so to realise potential value we're looking at 18 months to 2 years. So I understand there's a huge marketing campaign yet to seriously kick off around bringing it to the masses. 

However why coins like OMG who have nothing but a white paper and are currently in development have more hype around it without the need for any type of marketing, it makes me think something is going wrong at Bitshares. 

The price is bargain basement currently, the tech we don't need to say anything about we all know it's amazing, bar the exchange customer experience which is being worked on. It's amazing technology and one of the best products out there. Why is there no hype or conversation on the Reddit or bitsharestalk forums? 

It's very strange.
👍  , ,
properties (23)
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vote details (3)
@sowellsvt ·
As a BTS holder, BTS market cap would be $200 bln alone to be $100 bucks each. There's only $150 bln in all crypto accounted for on coinmarketcap.

So, pipe dream, but I'd like to see it.
properties (22)
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@steemhoops99 ·
Stop dreaming
properties (22)
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@stylez1 ·
Thanks... Interesting read... BTS... $100 would be fab...
👍  
properties (23)
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vote details (1)
@thevegancyclist ·
Does that mean I should keep my 2962 bitshares?
👍  
properties (23)
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vote details (1)
@nandibear ·
$0.03
@thevegancyclist  🤑🤑🤑🤑🤑🤑... 😉
👍  ,
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json_metadata{"tags":["bitshares"],"users":["thevegancyclist"],"app":"steemit/0.1"}
created2017-08-22 04:06:45
last_update2017-08-22 04:06:45
depth2
children0
last_payout2017-08-29 04:06:45
cashout_time1969-12-31 23:59:59
total_payout_value0.026 HBD
curator_payout_value0.001 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length29
author_reputation1,013,840,904,197
root_title"BitShares price to surge to a reportedly whopping $100.00 USD by Christmas! (2017) - BitShares ousts Bitcoin in Hong Kong and elsewhere as US and Australian Government Regulators move in"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id12,498,450
net_rshares6,958,794,363
author_curate_reward""
vote details (2)