BTS/USDT short term analysisBTS/USDT short term analysis
It is a short term analysis. It will come to the $0.50 level as a priority. Of course, our first priority is $0.10. After a minor correction from the $0.50 level, the first target is $1. It will probably go further. Bitshares is a promising cryptocurrency.
Btsusdt
BTSBTC IN 4HR TIME FRAMEBTS-BTC breking out the trendline from 4hr and 1d time frame soon we can see good rally with good volume.
it is in consolidation zone right now need some good volume.
🔥 BTSBTC 🔥 +700%I believe it is a good option to alocate 2% of your portfolio on this coin because : 1- Is near AllTimeLows. 2 - The risk/reward relation seems favoravel special if we continue in a bull market. 3- Dan Larimer leaved EOS. If there is a rumor that he can be back to BTS, for exemple, this coin can bring good profits.
BitShares (symbol BTS), formerly known as ProtoShares (PTS), is an industrial grade “crypto-equity”, peer to peer distributed ledger and network based on a Delegated Proof of Stake (DPoS) algorithm. It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of Steemit, EOS and Cryptonomex. BitShares is based on Graphene, an open source C++ blockchain implementation, which acts as a consensus mechanism. Graphene is used by several other projects like Steemit.com (decentralized Reddit, blog platform), and PeerPlays.com (gaming site and token PPY) indicating real-world usage.
BitShares competes with banks by issuing collateralizing market-pegged and stable bitAssets (also called smart coins). This means crypto-based assets track real-world market assets like the US dollar denominated “bitAsset” known as bitUSD. This tracks the movements of the dollar by aggregating a variety of data sources that are maintained by the BitShares community. This Smart Coin token always has at least 200% (or more) of its value backed by the BitShares core currency (BTS), to which it can be converted at any time, as collateral in a smart-contract based loan managed by the blockchain.
A SmartCoin is a cryptocurrency whose value is pegged to that of another asset, such as the US Dollar or gold. SmartCoins always have 100% or more of their value backed by the BitShares core currency, BTS, to which they can be converted at any time at an exchange rate set by a trustworthy price feed. BitShares provides a high-performance decentralized exchange, with all the features you would expect in a trading platform. It can handle the trading volume of the NASDAQ, while settling orders the second you submit them. High performance blockchain technology is necessary for cryptocurrencies and smart contract platforms to provide a viable alternative to existing financial platforms.
BitShares BTS is considered a legacy coin as it predates most exchanges (and publications) and is responsible for the crypto trading pair concept. It’s also the first delegated Proof of Stake blockchain and uses community-elected delegates for governance.
BTS plays🎶🎵🎙 $BTS #BTSBTS plays. After the failure of the downtrend, BTS is ready to start its growth.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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BTS/USDT LIMIT BUY SIGNALHere we go with another medium term buying opportunity for the BitShares. Still waiting for a minor pullback accross the crypto market before the uptrend continues.
BTS/USD Hidden TreasureWhat Is BitShares (BTS)?
BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.
The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.
The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next.
It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.
Who Are the Founders of BitShares?
BitShares was co-founded in 2013 by some of the cryptocurrency industry's biggest names, these include:
\ Daniel Larimer, an accomplished software engineer and the co-founder of several other prominent blockchain ventures including EOS.IO, Block.one and Steemit. Larimer is an esteemed name in the cryptocurrency space and is widely regarded as one of its leading innovators.
Charles Hoskinson, an entrepreneur and mathematician who is one of the original eight co-founders of Ethereum — the second most successful blockchain platform (behind Bitcoin). Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA).
As of January 2021, the BitShares core team consists of 17 permanent workers, supported by more than 60 long-term contributors — covering a range of disciplines including economics and legal, to systems admins and highly skilled developers.
What Makes BitShares Unique?
One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen.
Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain.
As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure.
BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.
It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating.
BTC USD have to touch 84k area 99.9% + descriptionThis is a bold idea
and maybe in this time ridiculous . feering of weekly rsi
#btc #btcusd #btcusdt #BINSNCE #BITSTAMP #COINBASE #bitcoin
trustable support area 43 + 38
BTCUSD most to touch 84k 99.9%
and if this targets happening and break , then we can have hope to the targets in chart.
BTSUSDT Ready To ShortEnglish :
This currency is falling and is offering to sell
Persian :
in arz dar haale eslah ya rizesh mibashad va pishnahad forosh ast