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Offline muse-umum

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If you want to know.....
« on: October 23, 2014, 06:03:01 PM »

these days i've spent a lot of time talking with many bts investors around Chinese community (some of them are big whales, i mean, the real big ones), and watching them discussing the proposal and the future of bts. before doing that i thought it would help me make a desicion to leave or stay, but i get more confused.

here are what i get based on my observation:

about the merge:
nearly half of them say yes, they think it will bring bts to a higher stander.
the rest who say no think what the heck bm is really trying to do, the reasons are just not reasonable.
my opinion: i support the merge, but just the merge.

about the allocation:
obviously the opinions on the 7 7 3 3 allocation vary much and mainly depend on their interest. the funny thing is most of them wonder why there are many better proposals which seem to be more fair but just get ignored.
my opinion: 80 for x is too much.

about the dns:
at first they thought toast was the inside trader and fuxxed everybody up, later they felt sorry for him after seeing his statement. but really, some people lost MUCH.
my opinion: toast, be easy.

about the future dacs:
like what marswalker said in another thread, they want to see 3i states that they recommend/suggest ags/pts still be honored. or at least, an attitude.
my opinion: i just hope there are no stupid 3rd party developers in the world, and 3i clearly know that it is the donators that help build the fondation.

about the dilution and vesting period:
nearly all of them don't know where the inflations come from and go, i have to explain to them one by one. most of them thought the vesting time proposal needs to be reviewed.
my opion: if the high paid delegates can be under controlled, i am ok with that.


again, these are just the voice i heard(and also mine), not mathematical statistic.

my conclusion:
many investors will left if 3i failed to handle the mess well. some of them will even turn to be the enemies against which 3i will never wants to fight (trust me, i am not kidding).

3i needs a very good pr to bring the messages to the community and outside world. the communication is a big problem.

if the merged dac works well, many new comers will still be joining in, but before that happens, please make this story sound good.
« Last Edit: October 23, 2014, 06:09:26 PM by heyD »

Offline Method-X

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Re: If you want to know.....
« Reply #1 on: October 23, 2014, 06:11:40 PM »
I agree with the communication problem. Invictus: I offer my talents to you freely. I'm good at constructing a clear message and simplifying things. Maybe I should become a deleagte and pledge to take on a PR role. Hmmm.

Online Shentist

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Re: If you want to know.....
« Reply #2 on: October 23, 2014, 06:12:51 PM »
PR is the worst in this projects. i would support you MEthodx

Online Chuckone

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Re: If you want to know.....
« Reply #3 on: October 23, 2014, 06:14:14 PM »
I agree with the communication problem. Invictus: I offer my talents to you freely. I'm good at constructing a clear message and simplifying things. Maybe I should become a deleagte and pledge to take on a PR role. Hmmm.

I appreciated several of the simplifications you did on this forum.

I would support you as a delegate.

Offline matt608

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Re: If you want to know.....
« Reply #4 on: October 23, 2014, 06:17:42 PM »
Maybe in the mumble hangout tomorrow there can be a live chinese translator translating what is said?  Big Chinese whales could ask questions and have the translator translate them and have them answered etc.  It would slow the conversation down a bit, but worth it if it means everyone understands why the merge is happening.  Q n A with China needed.
« Last Edit: October 23, 2014, 06:21:33 PM by matt608 »

Offline clayop

Re: If you want to know.....
« Reply #5 on: October 23, 2014, 06:19:05 PM »
Agreed. I3 should hire pr specialist/community organizer. Many things remain unclear so far, e.g. will AGS/PTS be honored in the future? Communication is not like coding... its all about politics, which can be defined as the art of allocation of limited resources to appropriate places. Building consensus should be our top priority, including people from different backgrounds.

However, I'm still supportive to BM and Bitshares team :)
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Offline muse-umum

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Re: If you want to know.....
« Reply #6 on: October 23, 2014, 06:24:52 PM »
Maybe in the mumble hangout tomorrow there can be a live chinese translator translating what is said?  Big Chinese whales could ask questions and have the translator translate them and have them answered etc.  It would slow the conversation down a bit, but worth it if it means everyone understands why the merge is happening.  Q n A with China needed.

i will spread the news there and see if someone is willing do the translation job. 9am est is a good time for chinese.

Offline gamey

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Re: If you want to know.....
« Reply #7 on: October 23, 2014, 06:37:28 PM »


Willaim contacted me and did some work.  The problem is even for me, I have no idea.  Chinese culture is so distant it seems.  I do thank you for your insight into how they are thinking about all this.

I was trying to do some translation.  Any sort of coordination would be great.

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Offline kisa

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Re: If you want to know.....
« Reply #8 on: October 23, 2014, 06:42:59 PM »

Chinese culture is so distant it seems.  I do thank you for your insight into how they are thinking about all this.

yes we do thank you for the insight!
 +5%

and BTS communication guys would surely benefit from learning some basics of Chinese culture...
« Last Edit: October 23, 2014, 06:44:50 PM by kisa0145 »

Offline inarizushi

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Re: If you want to know.....
« Reply #9 on: October 23, 2014, 06:49:13 PM »
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.
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Offline bobmaloney

Re: If you want to know.....
« Reply #10 on: October 23, 2014, 06:52:54 PM »
I agree with the communication problem. Invictus: I offer my talents to you freely. I'm good at constructing a clear message and simplifying things. Maybe I should become a deleagte and pledge to take on a PR role. Hmmm.

 +5%
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Offline LadyHeadShoot

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Re: If you want to know.....
« Reply #11 on: October 23, 2014, 07:16:56 PM »
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.

I am European, I am not Chinese and certainly not American, but I think it is not neither about "changing the rules" but rather a principle. I feel it like that.
A lot of successful people say that it is necessary to stick to your goals with tooth's and nails.
And often the first decision is correct.

Offline muse-umum

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Re: If you want to know.....
« Reply #12 on: October 23, 2014, 07:18:49 PM »
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.

i guess there are many reasons.
one of them may be related to the merging.
those who lost confidence have no reasons to stay since now they can't stop or change the plan. others are not sure wherher the superdac may work well. so sell 》buy.

of course that the whole digital currency space now is not so good is also a reason.

but i think once bm proves the dev team has the ability to drive the superdac, price will be up. bts is still one of the best products in the market currently.

Offline LadyHeadShoot

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Re: If you want to know.....
« Reply #13 on: October 23, 2014, 07:45:29 PM »
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.

i guess there are many reasons.
one of them may be related to the merging.
those who lost confidence have no reasons to stay since now they can't stop or change the plan. others are not sure wherher the superdac may work well. so sell 》buy.

of course that the whole digital currency space now is not so good is also a reason.

but i think once bm proves the dev team has the ability to drive the superdac, price will be up. bts is still one of the best products in the market currently.

I agree, therefore I remaining in the game, from beginning to end, whether it will be victory or defeat. Journey is the destination.

Offline tonyk

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Re: If you want to know.....
« Reply #14 on: October 23, 2014, 07:48:39 PM »
The allocation may be unfair, however I don't really get why some big Chinese investors are ready to sell so low right now : don't they believe in future high prices for BTS ? Even if one feels robbed by the allocation, BTS still have the potential to go to the moon, and even more after the merge.

i guess there are many reasons.
one of them may be related to the merging.
those who lost confidence have no reasons to stay since now they can't stop or change the plan. others are not sure wherher the superdac may work well. so sell 》buy.

of course that the whole digital currency space now is not so good is also a reason.

but i think once bm proves the dev team has the ability to drive the superdac, price will be up. bts is still one of the best products in the market currently.

I think everybody should be free to make his own decisions... whales included

Every day I am more and more convinced that being a big whale is not improving your eyesight (or is it foresight?). Examples are never ending. Even a bigger whale than our Chinese friendly whales, the big O, went with the outdated technology impractical for trading, when blockchains designed for trading do exist [and BTSX is not the only one out there] 

Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

 

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