Quote from: HR on September 26, 2017, 09:10:45 PM

Quote from: Savik on September 21, 2017, 11:22:04 PM

I just don't understand why BTS isn't flying past the moon. Decentralized exchanges are the future, particularly as countries make knee-jerk reactions and ban exchanges. BTS has been around forever and has an awesome working product, more than can be said for any other DEX.

This has been brought up on a thread of mine, and I'm not sure about just how the China situation really does affect BTS in the long term (in the short term I think the data and price action speak for themselves). Any more thoughts on this?

Quote from: HR on September 25, 2017, 07:50:08 PM

Quote from: Kopen on September 25, 2017, 03:40:57 PM

Let's talk Bitshares for a moment (while they're still charting favorably). I like the project (DEX, etc.) and feel perfectly confident that the price will see better days. Not too worried there.

Here's my question: Does it potentially overexpose a portfolio to China? I was going through a recent State of the Network post, and I noticed that a substantial amount of trading comes from China (BTS/CNY is 51% of transactions, BTC at 48%). BitCNY is also 69% of all the smartcoins held on the exchange (BitUSD is second at 25%).

Presumably this includes external exchanges as well (i.e. the BTC portion), since they'd all need to interface with the BTS network to execute the trade, no?

Now, Bitcoin will be fine without China, ultimately, if it even comes to that (figuring any major stakeholders will find a way around). On the flip side, BTS is (apparently?) much more dependent on them. This makes me a little nervous that some sort of mass-FOMO out would do some serious damage to either the price or the project. I could still see BTS pumping arbitrarily, but in terms of long-term prospects, would love to see more diverse adoption.

That's one of my chief concerns too, but it works both ways: not having domestic exchanges could be more motivation to hold BTS and trade within the DEX.

And I also fully agree that more diverse, and wider adoption, should be (and I think it is in practice) Bitshares' number one priority.

I saw that on your thread and am still struggling to form an opinion one way or another on it. Worst case scenario, Bitshares is banned forever in China. I personally believe that still leaves Bitshares as the best DEX in existence with a great working product. It will be a blow for sure, but not a kill shot. The exchange will go on and remain focused on wider adoption. Thoughts? Buy/sell/hold?