BitShares is an open-source, public, blockchain-based real-time financial platform. It provides a built-in decentralized asset exchange, similar to NYSE but for cryptocurrencies and without the need to trust a central authority to handle all the funds, that can execute trading using an international network of computers in which anyone can take part. BitShares also provides a cryptocurrency token called "BTS", which can be transferred between accounts and is used to collect fees for network operations and as a collateral for loans.
The platform has been designed by Daniel Larimer, an American programmer and entrepreneur, and launched in July 2014.
Since March 2016 the project is a part of Microsoft Azure Blockchain as a Service package[1]
SUMMARY
Bitshares (BTS) is to become the GOLDEN STANDARD for ALL Exchanges. A Decentralized Exchange will be the norm NOT ONLY for cryptos but also for NYSE, NASDAQ, Amex, CME...GLOBALLY!! This is NOT fundamental analysis on my part. I've already done my Price ONLY based analysis and am trying to communicate some probable news and events that could arrive to justify the forecast.
Below chart shows Bitshares (BTS) taking the baby steps as shown by the my targets that have already been hit and exceeded. On a bit of a longer term perspective, the $1.60 is not too far for BTS. I believe we are working on wae 1 and after 2, waves 3,4,5 should make orgasmic lunges upwards to hit $1.60 or HIGHER!!