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RE: BitShares is Going to Dominate Crypto in 2018 - Here's Why!
Now EOS is being launched surely this will significantly eat into the value of BitShares as many competitors will be able to jump up around it? Or do you think that it will mean more people will learn the amazing potential of the BitShares platform? I would be interested in your opinion, are you invested in EOS?
I have done a few posts on the EOS ICO and why I now believe it is a serious competitor to Ether - so do feel free to check them out if you are interested.
I view EOS as the R&D department for BitShares. When it's ready, BitShares will simply adopt it like it adopted Graphene without a hiccup. In three seconds.
I agree this is a possibility but it may also bring attention and more money into the ecosystem as well right?
It will definitely raise the profile of all platforms built on the Graphene blockchain, which is good for BitShares.
Yes. All attention is good attention with a long term view.
I am certain that EOS will continue to demonstrate the as-of-yet unused potential of the Graphene technology. I also agree that it enables the creation of BTS competitors with far less effort than it took to create the Bitshares platform originally. However, BTS has had a huge head start in the market - currently being the only available platform in its niche. This counts for a lot, as demonstrated by BTC. Early adoption and general comfort of the public with the platform matters. BTS is actually the first crypto my parents have felt comfortable with, and that means a LOT.
I am not at this point invested in EOS. Will check out your posts though!