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Offline NewMine

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Want to right the ship? Here's how:
« on: April 10, 2015, 05:19:14 AM »

Take the BTS that is supposed to vest into Adam K. Ernest's pocket, either 10 million of it or the remaining ~27 million BTS  and use it as incentive for a company or companies to adopt bitUSD into their websites via the shopping cart plugins.  Companies like Ting Mobile, Republic Wireless, thinkgeek.com, Digital Ocean, HushMail, Uber or one of the bitcoin friendly's like Overstock and NewEgg, give 1-3 of them 10 million BTS each that will still vest over the 2 years. 10 million BTS is $50,000 at these low levels. They would stand to make a lot of money and they wouldn't have to do much besides accounting for the new payment method.

You could give them a delegate to mitigate peg fluctuation against them too. It's a win win for whoever takes it and it can't hurt BitShares.

I think it has been proven that adoption has to come by large influential players that adopt the bitAssets and are able to push them marketing wise through their own funds funnels. This would have to be a whale who has skin in the game. Incentivizing someone with a large stake would give them the skin needed to push adoption through use of bitUSD on their products. Grass roots and timely adoption can't keep pace with bitcoin's power draw.  Hell, the moonstone thing couldn't even get 100 retweets and the ones they got were probably laced with a few dummy accounts made by various users here. It seems that the community has shrunk and there maybe 50-100 active users while everyone else sold off and goes back to bitcoin or dogecoin. Something like this would bring them back and a whole lot more.  It's too bad I3 never did anything like this a year ago with the millions of shares they had when they worth a whole lot more too. >:(

It's a hell of a lot better chance than what Adam would bring us through FollowMyVote.


lzr1900

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Re: Want to right the ship? Here's how:
« Reply #1 on: April 10, 2015, 05:28:42 AM »
follow my ass.

Offline luckybit

Re: Want to right the ship? Here's how:
« Reply #2 on: April 10, 2015, 05:32:56 AM »
Take the BTS that is supposed to vest into Adam K. Ernest's pocket, either 10 million of it or the remaining ~27 million BTS  and use it as incentive for a company or companies to adopt bitUSD into their websites via the shopping cart plugins.  Companies like Ting Mobile, Republic Wireless, thinkgeek.com, Digital Ocean, HushMail, Uber or one of the bitcoin friendly's like Overstock and NewEgg, give 1-3 of them 10 million BTS each that will still vest over the 2 years. 10 million BTS is $50,000 at these low levels. They would stand to make a lot of money and they wouldn't have to do much besides accounting for the new payment method.

You could give them a delegate to mitigate peg fluctuation against them too. It's a win win for whoever takes it and it can't hurt BitShares.

I think it has been proven that adoption has to come by large influential players that adopt the bitAssets and are able to push them marketing wise through their own funds funnels. This would have to be a whale who has skin in the game. Incentivizing someone with a large stake would give them the skin needed to push adoption through use of bitUSD on their products. Grass roots and timely adoption can't keep pace with bitcoin's power draw.  Hell, the moonstone thing couldn't even get 100 retweets and the ones they got were probably laced with a few dummy accounts made by various users here. It seems that the community has shrunk and there maybe 50-100 active users while everyone else sold off and goes back to bitcoin or dogecoin. Something like this would bring them back and a whole lot more.  It's too bad I3 never did anything like this a year ago with the millions of shares they had when they worth a whole lot more too. >:(

It's a hell of a lot better chance than what Adam would bring us through FollowMyVote.

Can't they bait and switch? Adopt, take money, remove adoption later?
There would have to be a long vesting period and a slow trickle down release. One drop at a time.

Also BitUSD isn't really important because most people who have USD are happy with Paypal right now. Bitcoins are being sold right now.
« Last Edit: April 10, 2015, 05:34:31 AM by luckybit »
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Offline fuzzy

Re: Want to right the ship? Here's how:
« Reply #3 on: April 10, 2015, 05:44:04 AM »
Take the BTS that is supposed to vest into Adam K. Ernest's pocket, either 10 million of it or the remaining ~27 million BTS  and use it as incentive for a company or companies to adopt bitUSD into their websites via the shopping cart plugins.  Companies like Ting Mobile, Republic Wireless, thinkgeek.com, Digital Ocean, HushMail, Uber or one of the bitcoin friendly's like Overstock and NewEgg, give 1-3 of them 10 million BTS each that will still vest over the 2 years. 10 million BTS is $50,000 at these low levels. They would stand to make a lot of money and they wouldn't have to do much besides accounting for the new payment method.
Far better to just leave it at this point^ 
I crossed out some stuff because after a long time here I am starting to realize that every time I have wanted to point a finger I can also point one at myself.  Better to just be solution oriented.  :)


You could give them a delegate to mitigate peg fluctuation against them too. It's a win win for whoever takes it and it can't hurt BitShares.
Delegates are VERY good incentives.  Once a business knows what a delegate does, it incentivizes them to put their own marketing teams on helping bring value to BitShares because a 100% delegate in a 100 Billion dollar BitShares is worth a good chunk of change.   

I think it has been proven that adoption has to come by large influential players that adopt the bitAssets and are able to push them marketing wise through their own funds funnels. This would have to be a whale who has skin in the game. Incentivizing someone with a large stake would give them the skin needed to push adoption through use of bitUSD on their products. Grass roots and timely adoption can't keep pace with bitcoin's power draw.  Hell, the moonstone thing couldn't even get 100 retweets and the ones they got were probably laced with a few dummy accounts made by various users here. It seems that the community has shrunk and there maybe 50-100 active users while everyone else sold off and goes back to bitcoin or dogecoin. Something like this would bring them back and a whole lot more.  It's too bad I3 never did anything like this a year ago with the millions of shares they had when they worth a whole lot more too. >:(
Approaching influencial players.  Not a bad idea. 
I'd prefer to give them to Richard Stallman though :)

It's a hell of a lot better chance than what Adam would bring us through FollowMyVote.
There is really no way of telling and I have learned it is sometimes best to chill out with giving predictions.  FollowMyVote has the Pirate Party on board with them...which is a pretty cool little start. 
I do hope that he has a sharedropping model though when his token comes out.  Even if he sharedrops a large portion on a political party and less so to us. 
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline speedy

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Re: Want to right the ship? Here's how:
« Reply #4 on: April 10, 2015, 09:36:03 AM »
follow my ass.

That made me chuckle.

Btw is that 30M held in reserve (like Brian's was before), or has it already been given out to Adam to do as he pleases?

Offline xeroc

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Re: Want to right the ship? Here's how:
« Reply #5 on: April 10, 2015, 09:38:05 AM »
follow my ass.

That made me chuckle.

Btw is that 30M held in reserve (like Brian's was before), or has it already been given out to Adam to do as he pleases?
It's vested over a 2y period and IIRC handed over to Adam .. but can't say for sure ..
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Offline speedy

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Re: Want to right the ship? Here's how:
« Reply #6 on: April 10, 2015, 09:43:12 AM »
It's vested over a 2y period and IIRC handed over to Adam .. but can't say for sure ..

Thanks, but arent those 2 things the opposite?

I agree with NewMine's post. Who says he never comes up with positive suggestions.

Offline donkeypong

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Re: Want to right the ship? Here's how:
« Reply #7 on: April 10, 2015, 09:46:27 AM »
Adam E. has as much incentive as anyone for this price to increase.

Offline cass

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Re: Want to right the ship? Here's how:
« Reply #8 on: April 10, 2015, 09:46:42 AM »
follow my ass.

1st official warning!
Pls look into forum netiquette, thx

@newMine: i like your approach
« Last Edit: April 10, 2015, 08:10:36 PM by cass »
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Offline cass

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Re: Want to right the ship? Here's how:
« Reply #9 on: April 10, 2015, 09:46:58 AM »
Adam E. has as much incentive as anyone for this price to increase.

this
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Offline speedy

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Re: Want to right the ship? Here's how:
« Reply #10 on: April 10, 2015, 09:47:31 AM »
Adam E. has as much incentive as anyone for this price to increase.

So did Brian before he returned his shares. So what?

Offline xeroc

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Re: Want to right the ship? Here's how:
« Reply #11 on: April 10, 2015, 09:59:05 AM »
Thanks, but arent those 2 things the opposite?
The addresses that have the vested balances belong to Adam .. no one besides him has access to those funds

So did Brian before he returned his shares. So what?
I didn't even know he returned his shares?! Where is that written?
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Offline speedy

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Re: Want to right the ship? Here's how:
« Reply #12 on: April 10, 2015, 10:10:15 AM »
The addresses that have the vested balances belong to Adam .. no one besides him has access to those funds
Who's dumb decision was that? It should have been structured as a bonus, based on how many US elections Adam can get BitShares used for (0). And whats the point of vesting something if only one person has control?

I didn't even know he returned his shares?! Where is that written?
What I should have said was "forgone his performance-related bonus".
« Last Edit: April 10, 2015, 10:15:48 AM by speedy »

Offline xeroc

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Re: Want to right the ship? Here's how:
« Reply #13 on: April 10, 2015, 11:12:31 AM »
The addresses that have the vested balances belong to Adam .. no one besides him has access to those funds
Who's dumb decision was that? It should have been structured as a bonus, based on how many US elections Adam can get BitShares used for (0). And whats the point of vesting something if only one person has control?
I may have express myself unclear .. I do NOT know how the funds have been handed over .. or if they are still in control by Dan or someone else .. It's been a wild guess ..
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Offline btswildpig

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Re: Want to right the ship? Here's how:
« Reply #14 on: April 10, 2015, 11:30:06 AM »
Adam E. has as much incentive as anyone for this price to increase.

So did Brian before he returned his shares. So what?

Brian's incentive fund was held in AGS , only "earmark" for him .
But once he was gone , it won't be for him anymore .
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