I wrote this blog straight after watching the video because I couldn't wait to share it with everyone !
For information, I own BTS and I may buy a little more before publishing this blog. Yes, it's disgusting what I just did ... bad GlitterFart!
TL;DR
The video speaks about Graphene, Steemit, Peerplays but mostly about how the new smartcoin HERO will drive the BitShares market capitalisation over 100 billion freaking dollars!
The plan is solid and investors are already there backing the project, it may skyrocket just as explained in the video.
The Presentation is really cool, no need to be a crypto nerd to understand. I recommend to everyone to watch it carefully and wisely decide how worthy is this information.
While I disagree on some aspects of how HERO is publicly sold as a cash cow (it's not a money printing press), I still do like the technology and economics behind it.
Will it work? Depends! As long as the price feeds are fine, a HERO long position can always settle with the "promised" capital appreciation.
One thing should be clear, the "capital appreciation" of the HERO is paid by someone! It is not free money. It never will be!
All a market does is move for two people to exchange different kinds of value. In case of HERO, the long side experiences a "+5%-ish predictable price stability" .. while the other gets the volatility.
It's up to everyone to decide which side to be on - if at all.
Maybe you're right on the cash cow analogy but the thing is, it's hard not to sell it that way with the system they have set up. It will also attract lots of investors if done correctly. I don't mind this money beeing poored in BTS. More MC, more funds to spend on evolving the platform !
This appreciation is paid by the investors creating the HERO token by shorting it into existence. The ROI on their investment would be so ridiculously high that the 5% on HERO value would be insignificant. But you are right, it's not free money, it comes from traders.
With all the pledged millions they already have, I would be inclined to think the BTS price should logically rise with this kind of buy pressure.
With all that said, these are only my observations and in anyway an investment advice
provided that the token was ever available for purchase at the feed price, which is not guaranteed.
nice....rs and upvote for you
Thanks, really apreciated !
u r welcome...thanks for the upvote... :)
Such great projects coming up from an amazing crew at Bitshares... Looking forward to see the results of their new endeavour! thanks for sharing. Namaste :)
Namaste =]
Just started watching and I'm already pumped!
No spoiler but wait to see what the 1 billion $ price is about ... then you'll be pumped !
I am 10 minutes into the video and it's good to know steem is using the same technology.
Steem and Peerplays also. Peerplays is released today !!!
Not today :(
Vat??
Next week, a little delay.
Great listening to this product. I don't understand it yet but will be following.
You may have some basic notion of blockchain and economics to get it. But it's really not that complicated.
so many coins, so little capital
10k$ in steem is not that "little" bro ! You are on the good path !
Cheers ;)
Yeap, earned every single one with hours and hours on making posts, graphics and commenting. Still, I am not powering down just to get into icos
Wow that's Awesome @kyriacos
Steem On.
I like your keep it simple approach.
Too many if you ask me. New people to Crypto get confused and lost in this flood of coins. Even if they have money they don't know which coin to buy. Steem power is perfect for me. It protect me from stupid decisions.
Exactly how I feel. I can SEE what Steemit is doing and that helps me mentally find value in the coin behind the site.
Indeed. if you think about it, a pretty safe investment.
I hope My photography make me there :)
Your photograpy ? Make you there .. where ?
Up :)
Watching the video right now. Some exciting future. Thanks for sharing.
The end is the better part ... but don't skip the middle, it's also pretty cool !
thanks for sharing
No prob ;)
Thanks for sharing, always great to have the information of what could be the next big thing before it becomes the next big thing. Doesn't help that I'm poor but maybe a trade will pan out so I have some liquid cash to play with. Btw your username, funny.
What is great with cryptocurrency is they allow you to invest even 1$.
Funny name .. hmm .. not always funny, the glitter is not easy to clean off my underweras.
First of all thank you so much for sharing, I was exactly looking for this!
Secondly: I see little volume on http://cryptofresh.com/a/HERO
The first 24 hours after a presentation/call to action are critical...
Because the market has been created some time ago. They tested it to be sure it's properly working. Now they are going to start the phase where actual big whales create HERO by locking BTS in collateral in the blockchain and commercialise them.
Long time not see you post
Almost 4 days ...
Maybe i not saw your post, because so many post on steemit, i am sorry.
No prob Alol, it's a good thing that steemit is busy ! We are getting to the moon !
The moon is a harsh mistress :D
Great heads up info... thanks for sharing. Followed you.
No prob bro'
Cheers
Thanks for the information ! I am watching it and studying about it.
Great stuff to study. Will also make you more familiar with BitShares which is a good thing !
Thank you so much !
all in ETH and ETC :D
That's anoher way to go ;)
I'm still new to all this , but I would defiantly want to get involved !!
The video should give you an overview of their project. To benefit from it, you just have to own BTS and wait for the price to skyrocket.
If you want to get involve more in depth, you can also create HERO and sell them ;)
Step 3 is : "grab some pop corn"
Thank you so much : )
Np ;)
EOS is the new maglev train of the Crypto planet. :)
I can't agree more but shhhhhh ....
I don't want everybody to be aware of that, I want to be able to buy as much as I can !!!
Haha, everyone is keeping quiet about EOS :)
Not quiet enough, the telegram group is 1300 freaking members :'(
I got into when there were 100. And there's not even a whitepaper yet.
So do I
At least an interesting experience. As far as I understand I would have the need to go long BTS. What I don't get why would I do it with HERO and not with USD?
I think this is why Stan wants "heroes" to kick start his project. To maximise your profit yes you should go for BitUSD but what if you have a ton of buyers in the HERO:BTS market and not so much in the USD one ? You could short big sum of money without porblem. Impossible now with BitUSD.
I think the combination of whale shorting HERO and a big demand for the token will create a healthy and very liquid market.
Just started watching and im very interested
You will be more after watching !
I really appreciated your reading of my post the other day. I just finished developing a really useful tool for mac users for STEEM. I hope you will check it out and maybe help get it in the hands of the community, because I do not have the necessary following to do so. Thank you!
https://steemit.com/steem-project/@zcgolf16/project-announcement-steemticker-osx-a-simple-steem-price-ticker-for-osx-toolbar
https://steemit.com/steem-project/@zcgolf16/steemticker-osx-a-simple-steem-price-ticker-for-osx-toolbar-version-12-released-change-log
I'm very specific with what I resteem but I found you idea adding something to Steemit. Full power upvoted both blogs ;)
I made some updates today, so if you use the application I highly recommend checking out the blog post and downloading the new version! I made major improvements!
https://steemit.com/steem-project/@zcgolf16/steemticker-osx-a-simple-steem-price-ticker-for-osx-toolbar-version-13a-change-log-major-changes
What a GREAT listen so far! These dudes a good team on stage too!
I found the young one a but too aggressiv and nervous. A lot of "fuck the gorvernment", "shit money", ... I don't disagree with the idea but when speaking with imventure capital, you want to sound a bit serious. I prefer the tone of Stan (father of the Steemit and Bitshares creator by the way) .
I would have to agree 100% with that, but this was still really good
Dam i somehow miss this yestarday but i hope never is to late :)
I have never been so excited about how great the future for everyone. The 1 percenters are in trouble.
wish I have all the financial capacity to buy these coins
The harder part of cryptocurrency markets is to chose !
So true, i'll stick with Steem since its free. Everything else is to technical for me. As long as I can pay my son's tuition using SBD, I am good :)
Steem is one of my favorite crypto. You are betting on a good horse !
cheers!
great information
I can't wait to see this project evolve !
yes , We all want the same as you
third time lucky !? hope so. definitely need to look into this, thanks for sharing. and followed #700.
Nice article ,keep it real
The more real I can ^^
Damn, you upvoted your coment for $19, wow ,never before see something like this. So, if you could please,upvote my last article ? I want to see how will change the earnings.thans bro
@glitterfart the video is private and cannot be viewed please update link
It seems that the video has been changed. I'll look for another public one
Thanks for the notice ;)
@glitterfart please upvote my comment
Still not changed
Thanks for this article. I love the cryptos and the metals. I spent several hours putting this mining stock investigation together. I hope you find it of value. I think silver and gold may be ready to start moving up again very soon. This is an article I wrote breaking down some mining companies, the better of which should outperform the metals themselves by a wide margin. https://steemit.com/money/@motowngold/i-think-gold-and-silver-are-staging-for-a-run-here-are-some-mining-stock-ideas