I'm not looking for a technical discussion between PoS, PoW, etc... but rather fundamentally why traders and speculators are not using the DEX provided by BitShares?  Bag holders need not apply to this discussion.  BitShares does have additional functionality which can bring usage to the SmartCoins, UIA's etc... however I am only wondering about crypto traders at this point in time.


My thoughts and questions without getting into politics:

-Liquidity is a major problem however this is a chicken and egg problem.

-With liquidity, any market can exist on a completely open system.  BitFacebook, BitNasdaq, BitOil etc...  Yes we are talking options and at this point in time we can not take delivery of the physical good however the sky is the limit and we do not know where this technology will take us.  The entire world financial market looks to be headed into chaos.  Think:  increased taxes, capital controls, frozen accounts.

-After seeing all the other exchanges nonsense why do people still use these proprietary systems?  We have no idea what is going on behind the scenes.  Recently with ETH prices going through the rough at polo, one begins to wonder is there some sort of willy bot going on again?  The BTS wallet flips this on the head and should make the exchanges fight for your business getting into and out of the BTS ecosystem.  Take a look at the deposit and withdraw screen so see what I mean.  3rd party exchanges simply become a gateway and not a huge target for hackers etc...  You have the ability to deposit/withdraw other crypto directly from the web based wallet.  Can operate as a bridge, gateway, or even with fiat via OpenLedger.

-Are traders actually withdrawing their funds for long term storage hence becoming speculators or are they leaving it on 3rd party exchanges?

-Original 0.xx wallet was very slow and almost impossible to use on slower computers.  This has been fixed in 2.0 with a very fast web socket based wallet.  Trades in ~3 seconds, fair for everyone.


I've had my head in crypto for a few years now and understand that real world usage will drive adoption, perhaps not even by the best technologically advanced "coin."  I do not understand the hatred between crypto followers in this space and why completely opposite projects need to be against one another.  In the real world, multiple chains will find their niche market.