This is for anyone who is looking to get deep in to Cryptocurrencies right now. With the advent of Steemit, and Compumatrix, the Cryptocurrency World is about to go in to a whirlwind.
The First part was about Bitshares, STEEM & Steemit + How to make your own Currency
https://steemit.com/steem/@marsresident/do-you-want-to-get-deep-in-to-cryptocurrencies
The Second part was about the Compuceeds, Cryptoceeds Market and how it is set to explode one a few people start playing with the markets
https://steemit.com/steem/@marsresident/getting-deep-in-to-cryptocurrencies-pt-2
This part is all about BTCPlus. This can also be used as a guide for new Compumatrix users, as the process for Unlocking your wallet is a little confusing, and you have to send 100 BTS and 500 Compuceeds to the account "trade-ceeds" on Openledger before you can withdraw from Compumatrix. So by reading this you will know how to get everything you need to do that.
First, if you do not have any Bitcoins, either buy some using a debit card on Coinbase, or join Steemit.com and start earning Bitcoins for adding useful and creative content.
Once you have some Bitcoin (at least .01 but .1 or 1 or more is better) from Coinbase or Steemit go to your Openledger account, if you have not created one you can do that by clicking the Create Account option at either of these 2 links, they both create accounts for the same website
https://www.openledger.info/
https://cryptofresh.com/
Once you have created your account go here
https://bitshares.openledger.info/#/deposit-withdraw/
Click "Gateway" if it is not already pre-clicked, then go to where it says "BTC" for Bitcoin, and it should have an address. Copy that address and send your Bitcoins either from Coinbase or from trading STEEM and STEEM Dollars, to that address.
Once you do that you will get a share of an asset called "Open.Bitcoin" which is basically Bitcoin. You now use that to go buy some Bitshares, on Openledger you always need a few Bitshares to pay transaction fees, or sending fees. Trading fees are usually less than 1 or less than 1/2 Bitshare, and messaging is like 2 Bitshares, and Bitshares are like .000004 BTC each, so you get like 100,000 for a Bitcoin or something like that. You buy Bitshares for Open.Bitcoin here:
https://bitshares.openledger.info/#/market/OPEN.BTC_BTS
Then once you have your Bitshares, you use them to buy BTCPlus, here:
https://bitshares.openledger.info/#/market/BTCPLUS_BTS
BTCPlus is the primary means of trade for Compuceeds. Compuceeds have been traded directly for Bitshares, not often, and the prices have been actually higher (more Bitshares per Compuceed) when traded directly. Right now the best way to buy them is with BTCPlus. But as stated in pt.2 you can use the Compuceeds you buy with BTCPlus to start setting the market prices for all the other currencies.
And once you have BTCPlus, you buy Compuceeds, here:
https://bitshares.openledger.info/#/market/COMPUCEEDS_BTCPLUS
And just 1 or 2 BTC (around $500-$1,200) could send this whole Market from it's current, about, $13 Million Dollar Market Cap, to $100,000,000 or $300,000,000 like STEEM.