NOTE value after snapshot

[Marky0001]

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

so even if museUSD would never launched/used you still thing the MUSE block chain would fail?
Would you prefer it to coexist on bts2.0 as a token without the need of a new chain birth and all the power of our bitAssets?

No, all am saying is that museUSD is a stupidity of such a proportion, that it will lead to Muse failing not matter what else is done.

too bad you dont even give a Brief and logical explanation of what might hurt the Project using museUSD

[xeroc]

What is MuseUSD?

MuseUSD is the bitUSD in the MUSE chain backed by MUSE (sharedropped on NOTE) ... got it?

[santaclause102]

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

so even if museUSD would never launched/used you still thing the MUSE block chain would fail?
Would you prefer it to coexist on bts2.0 as a token without the need of a new chain birth and all the power of our bitAssets?

No, all am saying is that museUSD is a stupidity of such a proportion, that it will lead to Muse failing not matter what else is done.

lol tony
You have the time to make bold claims and chat back and forth but not the time to summarize your argument.
In most cases: If something can not be expressed / summarized in a few sentences there often is no substance to it.

[karnal]

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

so even if museUSD would never launched/used you still thing the MUSE block chain would fail?
Would you prefer it to coexist on bts2.0 as a token without the need of a new chain birth and all the power of our bitAssets?

No, all am saying is that museUSD is a stupidity of such a proportion, that it will lead to Muse failing not matter what else is done.

Forgive the ignorance, but.

What is MuseUSD?

[tonyk]

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

so even if museUSD would never launched/used you still thing the MUSE block chain would fail?
Would you prefer it to coexist on bts2.0 as a token without the need of a new chain birth and all the power of our bitAssets?

No, all am saying is that museUSD is a stupidity of such a proportion, that it will lead to Muse failing not matter what else is done.

[liondani]

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

so even if museUSD would never launched/used you still thing the MUSE block chain would fail?
Would you prefer it to coexist on bts2.0 as a token without the need of a new chain birth and all the power of our bitAssets?

[CryptoPrometheus]

I have the feeling that NOTEs will become "worthless" after museUSD launched.

What are your thoughts on that?

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

There will be long discussions after the fact;  with 'smart' people stating their opinions "why that happen to such a great project" [of course the smarty's will be using random things observed in the meanwhile]

But you have heard it here first - it will have failed, because of the decision to have museUSD !
Other factors will work for, as well as against it, but keeping this choice is definitely the killer feature :)... literally.

10-08-20015

Can you explain how and why you think that will cause it to fail?  Thanks.

Sorry to be a wet blanket.  Writing a description for this thing for general audiences is bloody hard.  There's nothing to relate it to. You either get it or  not.
I am sorry but I do not have  time to explain.

--------------------
PS.
and yes, smartass  it is 2015 .  Like you never typed an extra character....idiots.

Well, thank you for gracing us with a tiny bit of your lofty wisdom, and I am sorry we don't merit any more of your valuable time. While I was genuinely curious about your thoughts, I guess I am relieved now that I won't need to shoulder the painful burden of genius required to comprehend them.

[tonyk]

I have the feeling that NOTEs will become "worthless" after museUSD launched.

What are your thoughts on that?

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

There will be long discussions after the fact;  with 'smart' people stating their opinions "why that happen to such a great project" [of course the smarty's will be using random things observed in the meanwhile]

But you have heard it here first - it will have failed, because of the decision to have museUSD !
Other factors will work for, as well as against it, but keeping this choice is definitely the killer feature :)... literally.

10-08-20015

Can you explain how and why you think that will cause it to fail?  Thanks.

Sorry to be a wet blanket.  Writing a description for this thing for general audiences is bloody hard.  There's nothing to relate it to. You either get it or  not.
I am sorry but I do not have  time to explain.

--------------------
PS.
and yes, smartass  it is 2015 .  Like you never typed an extra character....idiots.

[CryptoPrometheus]

I have the feeling that NOTEs will become "worthless" after museUSD launched.

What are your thoughts on that?

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

There will be long discussions after the fact;  with 'smart' people stating their opinions "why that happen to such a great project" [of course the smarty's will be using random things observed in the meanwhile]

But you have heard it here first - it will have failed, because of the decision to have museUSD !
Other factors will work for, as well as against it, but keeping this choice is definitely the killer feature :)... literally.

10-08-20015

Can you explain how and why you think that will cause it to fail?  Thanks.

A bold prediction. I too am curious what your reasons are?

10-08-20015

Does this mean that you aren't worried about a problem occuring for at least 18,000 years  :P

[tbone]

I have the feeling that NOTEs will become "worthless" after museUSD launched.

What are your thoughts on that?

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

There will be long discussions after the fact;  with 'smart' people stating their opinions "why that happen to such a great project" [of course the smarty's will be using random things observed in the meanwhile]

But you have heard it here first - it will have failed, because of the decision to have museUSD !
Other factors will work for, as well as against it, but keeping this choice is definitely the killer feature :)... literally.

10-08-20015

Can you explain how and why you think that will cause it to fail?  Thanks.

[tonyk]

I have the feeling that NOTEs will become "worthless" after museUSD launched.

What are your thoughts on that?

I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

There will be long discussions after the fact;  with 'smart' people stating their opinions "why that happen to such a great project" [of course the smarty's will be using random things observed in the meanwhile]

But you have heard it here first - it will have failed, because of the decision to have museUSD !
Other factors will work for, as well as against it, but keeping this choice is definitely the killer feature :)... literally.

10-08-2015

[cob]

museUSD will be backed by MUSE .. fees are payed/burned in MUSE (finally)

Thats a better value proposition than bitcoin! Satisfied?

so do you say NOTE will become MUSE?

Yes. This is how it works:

After the MUSE chain is launched, you will download and install the new MUSE wallet. Then, you will import your private keys from your BitShares wallet (which contains your NOTES). This will unlock (from the MUSE genesis block) 1 MUSE for each 1 NOTE that you own.

Then, the BitShares 1.0 blockchain will die/become irrelevant, and the NOTE UIA on this old chain will be worthless. So in a way, you are correct. The NOTE on BitShares 1.0 will be worthless, once the value is transferred to MUSE.

After this, MUSE value will likely increase, since the utility of the MUSE core asset is much greater than the utility of the NOTE on bts 1.0, which was really just a placeholder so that people could begin trading and speculating.

Perfect answer right there!

[Marky0001]

museUSD will be backed by MUSE .. fees are payed/burned in MUSE (finally)

Thats a better value proposition than bitcoin! Satisfied?

so do you say NOTE will become MUSE?

Yes. This is how it works:

After the MUSE chain is launched, you will download and install the new MUSE wallet. Then, you will import your private keys from your BitShares wallet (which contains your NOTES). This will unlock (from the MUSE genesis block) 1 MUSE for each 1 NOTE that you own.

Then, the BitShares 1.0 blockchain will die/become irrelevant, and the NOTE UIA on this old chain will be worthless. So in a way, you are correct. The NOTE on BitShares 1.0 will be worthless, once the value is transferred to MUSE.

After this, MUSE value will likely increase, since the utility of the MUSE core asset is much greater than the utility of the NOTE on bts 1.0, which was really just a placeholder so that people could begin trading and speculating.

thank you!

[CryptoPrometheus]

museUSD will be backed by MUSE .. fees are payed/burned in MUSE (finally)

Thats a better value proposition than bitcoin! Satisfied?

so do you say NOTE will become MUSE?

Yes. This is how it works:

After the MUSE chain is launched, you will download and install the new MUSE wallet. Then, you will import your private keys from your BitShares wallet (which contains your NOTES). This will unlock (from the MUSE genesis block) 1 MUSE for each 1 NOTE that you own.

Then, the BitShares 1.0 blockchain will die/become irrelevant, and the NOTE UIA on this old chain will be worthless. So in a way, you are correct. The NOTE on BitShares 1.0 will be worthless, once the value is transferred to MUSE.

After this, MUSE value will likely increase, since the utility of the MUSE core asset is much greater than the utility of the NOTE on bts 1.0, which was really just a placeholder so that people could begin trading and speculating.

[Marky0001]

museUSD will be backed by MUSE .. fees are payed/burned in MUSE (finally)

Thats a better value proposition than bitcoin! Satisfied?

so do you say NOTE will become MUSE?