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Quote from: CLains on October 04, 2014, 07:13:05 pmGood Luck BM!I suggest also refrain from implying directly that BTC price fall is due to selling pressure from mining ... let people figure it out themselves. also leave room for people to think that bitcoin may just as well bubble again (cuz it might) and leave predictions aside.Yes. There's not much to be gained by denigrating BTC too harshly. Traders, developers, investors, and VCs will come around soon enough and figure out that there may be something better. Rather than blatantly criticizing, it's best to be constructive and plant positive seeds in people's minds about Bitshares so they will look to it first and not hate/shun it irrationally when they decide to diversify out of BTC.
Good Luck BM!I suggest also refrain from implying directly that BTC price fall is due to selling pressure from mining ... let people figure it out themselves. also leave room for people to think that bitcoin may just as well bubble again (cuz it might) and leave predictions aside.
This speech will have even more impact based on this price trend.
Just for the record... I am making no new announcements in Vegas...A brief outline of my talk:1) What Bitcoin is *to me*.... an idea, a vision, .... other things like the american dream... 2) What Bitcoin isn't to me... a specific technology, blockchain, mining, or network effect.3) Like the constitution of the US was meant to secure life, liberty, and property... so to was Satoshi's implementation of the Bitcoin vision.4) Like the constitution either permits or is powerless to prevent world empire and global economic extortion... so too will Satoshi's Bitcoin unless we act to prevent it. Bitcoin is a new frontier and we are pioneers hoping to re-establish the land of the free and the home of the brave. Satoshi set out to create a system without any centralized points of control and where the currency was distributed on an equal opportunity basis to anyone and everyone with a computer. Mining was meant to simulate the discovery of gold that was evenly distributed across the world. But like the Constitution of the United States the ideal and the reality have diverged and Satoshi’s Bitcoin has fallen to the immutable laws of economics. Efficiencies gained by centralization and economies of scale has made decentralized mining unprofitable. What will Satoshi’s Bitcoin do then? Is it safe to say, “we will deal with it if it becomes a problem”? Should we not have a plan in place today the free Bitcoin from the risk of centralized control that mining poses? Should Bitcoin adopt a different proof of work? Sadly, the same immutable laws of economics will apply to all proof of work schemes. Last year at Inside Bitcoin the CEO of Butterfly Labs did a presentation on “The Future of Mining”. In his presentation he pointed out that about 5 people collectively control 75% of the hashing power behind Bitcoin and 2 people control over 51%. He then made the case that this centralization was good for Bitcoin because it means they could coordinate to rapidly resolve unexpected forks such as the one that occurred in March 2013. According to Sonny Vleisides, without this centralization in mining Bitcoin would have died 18 months ago as decentralized clients would have been unable to reach a consensus on which fork to follow in a timely manner. Whether or not you agree that Bitcoin would have died, Sonny Vleisides has effectively admitted that Bitcoin has become centralized, that a small handful of powerful pool operators can unilaterally decide which block chain fork is the “official” fork, that they all know each other and that they effectively vote on which chain to support. I was in line to ask a question that day, but unfortunately it had to wait until this years event to be asked. If the major mining pool operators form a small group of insiders that are voting on which fork to follow and this is good for Satoshi’s Bitcoin, then why must we spend a half billion dollars per year to generate an insecure, forgeable, proof-of-work hash signature when these same individuals could simply provide a cheap, secure, unforgeable elliptic curve signature? Are we claiming that the ability for todays wealthy elite to buy enough mining hardware to challenge this small group of individuals is worth $500 million dollars? That wealthy outsiders will come to the rescue of Bitcoin by investing in enough hardware to break the monopoly of the mining incumbents? 5) Shift in ecosystem toward proof of stake (new coins, many of the top 10)6) Bitcoin as a company7) Economic analysis of Bitcoin Introduction to proof of stake (in general, not DPOS)9) Profitability = Sustainability and GrowthGiven two systems each attempting to realize the Bitcoin Ideal we have a choice between Satoshi’s Bitcoin where a half dozen self-appointed people vote on the ledger while charging the coinholders 10% per year and pocketing 5% for themselves or any one of a dozen different proof of stake systems that offer greater privacy, faster blocks, lower transaction fees, and most importantly the ledger is voted on by thousands of regular users while paying a positive yield?Satoshi’s Bitcoin has the infrastructure advantage, the name recognition, and the network effect to garner a 5 billion dollar market cap, but this market cap is being built on the backs of thousands of small businesses that are integrating Satoshi’s Bitcoin by investing millions in infrastructure. This infrastructure is not tied to Bitcoin and could quickly pivot to newer, better realizations of the Bitcoin Ideal for a fraction of the cost it took to setup initially. So all you in the audience who own tens of millions of Satoshi‘s are faced with the same delimia that shareholders of all companies face, sell or vote in new management to pivot the business and return to profitability. Imagine the possibility if $500 million per year could be directed to building infrastructure rather than combatting global cooling?10) Bitcoin is challenged by lacking a consensus mechanism for large changes to the network such as eliminating miningFortunately the free market is the ultimate form of decentralization and we can vote with our wallets, our investments, and our businesses. My message for you today is to look beyond Satoshi, beyond the hype, and hold fast to the vision and ideal that Bitcoin stands for. 11) Overview of BitShares.. I am not here today to do a sales pitch but only to open your eyes to what kind of things are possible and to carry the flag of the Bitcoin Ideal to the moon.
Whether or not you agree that Bitcoin would have died
then why must we spend a half billion dollars per year to generate an insecure, forgeable, proof-of-work hash signature
half dozen self-appointed people
10) Bitcoin is challenged by lacking a consensus mechanism for large changes to the network such as eliminating mining
I am not here today to do a sales pitch but only to open your eyes to what kind of things are possible and to carry the flag of the Bitcoin Ideal to the moon.
QuoteYou should try to refrain from mentioning BFL or Sonny Vleisides as they are being investigated and charged by the FED for illegal business practices that we all knew were happening. Finally caught up... probably not a good idea to quote these people, if you were intending to anyways.I will probably mention the talk but not the speaker. So quote them anonymously.
You should try to refrain from mentioning BFL or Sonny Vleisides as they are being investigated and charged by the FED for illegal business practices that we all knew were happening. Finally caught up... probably not a good idea to quote these people, if you were intending to anyways.
That looks like a great plan for your speech. I might suggest that in #11, when you are introducing BitShares, you also might also mention Ethereum and NXT, etc., as other examples of doing more with the blockchain. That might be a diplomatic transition to just mention them once, though not describe them any more than that. And then then go into BitShares. Best of luck; it's going to be great!
I didn't say he wasn't being diplomatic. It would smooth the transition, since everyone knows he's going to talk about his baby, BitShares, at the end.
1) What Bitcoin is *to me*.... an idea, a vision, .... other things like the american dream...
Quote from: 38PTSWarrior on September 29, 2014, 11:06:36 pmI have the feeling that after Vegas the whole thing here will explode. Like a few days later, after some experts told their friends about it or wrote some articles.I agree with you but before it happens I have a strong feeling they (Whales?)will manage Bitsharesx prices to tank aggressive for a while to make weak hands to leave their positions and have the opportunity to buy massively at lower prices before they see the price skyrocketing again... Sent from my ALCATEL ONE TOUCH 997D
I have the feeling that after Vegas the whole thing here will explode. Like a few days later, after some experts told their friends about it or wrote some articles.
this summer
So were shirts ever made by chance ?Thinking about it, it would be nice to have a 'ask me about bitshares' type shirts. I wouldn't mind wearing it.
Quote from: Riverhead on September 29, 2014, 11:11:33 pmGiven what's at stake for Patrick I'm guessing it'll be something reasonably vague. If I had to place a bit it'd be that they have resolved critical regulatory barriers and have started the phase of vetting various blockchain solutions "for the next step".Maybe that could be it... and I dont htink he would necessarily say hes leaning towards a particular one unless its already a done deal.. so the regulatory thing is pretty big and should be fairly bullish blockchain 2.0 currencies I would think.
Given what's at stake for Patrick I'm guessing it'll be something reasonably vague. If I had to place a bit it'd be that they have resolved critical regulatory barriers and have started the phase of vetting various blockchain solutions "for the next step".
Quote from: jsidhu on September 29, 2014, 10:41:27 pmWonder what Patrick M. Byrne will announce pertaining to the bitcoin ecosystem... could it be related to bitsharesx?$10 say he/they are moving to a blockchin solution.... bla-bla-bla.What Dan speaks about is a bigger mystery in my mind.
Wonder what Patrick M. Byrne will announce pertaining to the bitcoin ecosystem... could it be related to bitsharesx?
I'm going to define Bitcoin to be the vision, the goal, the purpose, the idea and then systematically show how the most popular implementation of the idea has succeeded and failed. Then discuss the other techniques that have emerged that carry the Bitcoin banner and hold true to the idea/vision rather than to a clunky protocol.
Yes, I am trying to prepare a very "product-neutral" presentation and will not be doing a product promotion for BTSX,
Quote from: trader on September 29, 2014, 05:58:57 pmBytemaster, in your keynote are you going to compare BTSX's positive P/E ratio to Bitcoin's loss making one? I thought that P/E ratio post you made a while back made a strong case.Just a suggestion.Yes, I am trying to prepare a very "product-neutral" presentation and will not be doing a product promotion for BTSX, though I will probably mention it.
Bytemaster, in your keynote are you going to compare BTSX's positive P/E ratio to Bitcoin's loss making one? I thought that P/E ratio post you made a while back made a strong case.Just a suggestion.
Quote from: xeroc on September 11, 2014, 08:08:30 pmNice to see so many people of the community go there... may I suggest: - To all wear the SAME teeshirt (not the killed bank one please .. maybe more neutral one) - get some stickers to put them everywhere .. (toiletts, public transportations, restaurants, lobbies ... blablabla) - why not prepare some QR code with preloaded 5BTSX and hand them to people!? - please print ALOT of handouts which contain our (cass's) info graphics about introduction, TITAN, the fee flow and lots of links to the communityI am pretty sure that there will not only be suits but also some crypto nerds we can attract .. or is all of this interpreted as too aggressive by others?This is a really good idea (except for the stickers on everything ). Maybe the shirts could say, "BitShares? Just ask me."
Nice to see so many people of the community go there... may I suggest: - To all wear the SAME teeshirt (not the killed bank one please .. maybe more neutral one) - get some stickers to put them everywhere .. (toiletts, public transportations, restaurants, lobbies ... blablabla) - why not prepare some QR code with preloaded 5BTSX and hand them to people!? - please print ALOT of handouts which contain our (cass's) info graphics about introduction, TITAN, the fee flow and lots of links to the communityI am pretty sure that there will not only be suits but also some crypto nerds we can attract .. or is all of this interpreted as too aggressive by others?
Quote from: xeroc on September 15, 2014, 11:54:17 amQuote from: tonyk on September 15, 2014, 11:48:05 amI am ready pay for 50% of the new batch (like 5-7 pieces)(in bitUSD of course), if they can be delivered to the I3 offices before 5th of October. Better quality will be nice, but I personally, would not mind anything that says 'Bitshares' as long as there are no killings involved (bank or otherwise)... (size large and extra-large)...@tonyk: I'll pay you a half of your order .. no need to take that alone ... for the idea!That's all I need to hear guys I will get something worked up and make sure it can be done on time.do we want a collared shirt or a tee, and do we just want it to have the logo across the breast, anything on back?
Quote from: tonyk on September 15, 2014, 11:48:05 amI am ready pay for 50% of the new batch (like 5-7 pieces)(in bitUSD of course), if they can be delivered to the I3 offices before 5th of October. Better quality will be nice, but I personally, would not mind anything that says 'Bitshares' as long as there are no killings involved (bank or otherwise)... (size large and extra-large)...@tonyk: I'll pay you a half of your order .. no need to take that alone ... for the idea!
I am ready pay for 50% of the new batch (like 5-7 pieces)(in bitUSD of course), if they can be delivered to the I3 offices before 5th of October. Better quality will be nice, but I personally, would not mind anything that says 'Bitshares' as long as there are no killings involved (bank or otherwise)... (size large and extra-large)...
Quote from: tonyk on September 15, 2014, 06:30:19 amQuote from: xeroc on September 11, 2014, 08:08:30 pmNice to see so many people of the community go there... may I suggest: - To all wear the SAME teeshirt (not the killed bank one please .. maybe more neutral one) - get some stickers to put them everywhere .. (toiletts, public transportations, restaurants, lobbies ... blablabla) - why not prepare some QR code with preloaded 5BTSX and hand them to people!? - please print ALOT of handouts which contain our (cass's) info graphics about introduction, TITAN, the fee flow and lots of links to the communityI am pretty sure that there will not only be suits but also some crypto nerds we can attract .. or is all of this interpreted as too aggressive by others?Quote from: Riverhead on September 11, 2014, 08:21:24 pmQuote from: xeroc on September 11, 2014, 08:08:30 pmNice to see so many people of the community go there... may I suggest: - To all wear the SAME teeshirt (not the killed bank one please .. maybe more neutral one) - get some stickers to put them everywhere .. (toiletts, public transportations, restaurants, lobbies ... blablabla) - why not prepare some QR code with preloaded 5BTSX and hand them to people!? - please print ALOT of handouts which contain our (cass's) info graphics about introduction, TITAN, the fee flow and lots of links to the communityI am pretty sure that there will not only be suits but also some crypto nerds we can attract .. or is all of this interpreted as too aggressive by others?This is a really good idea (except for the stickers on everything ). Maybe the shirts could say, "BitShares? Just ask me."I want to make sure I can buy wear one there - anything that says Bitshares prominently works for me, other than the bank killing one.If you do not plan to bring T-shirts, I would like to pay for one in advance (using bitUSD of course), please PM me the account.If I had a design soonish and we had a order for at least 12 I could do another run. Maybe something a little more classy wit a collar? Shoot me a pm if you are seriously interested in getting the idea off the ground, But we got to act fast to make sure they are done and shipped to everyone in time.
Quote from: xeroc on September 11, 2014, 08:08:30 pmNice to see so many people of the community go there... may I suggest: - To all wear the SAME teeshirt (not the killed bank one please .. maybe more neutral one) - get some stickers to put them everywhere .. (toiletts, public transportations, restaurants, lobbies ... blablabla) - why not prepare some QR code with preloaded 5BTSX and hand them to people!? - please print ALOT of handouts which contain our (cass's) info graphics about introduction, TITAN, the fee flow and lots of links to the communityI am pretty sure that there will not only be suits but also some crypto nerds we can attract .. or is all of this interpreted as too aggressive by others?Quote from: Riverhead on September 11, 2014, 08:21:24 pmQuote from: xeroc on September 11, 2014, 08:08:30 pmNice to see so many people of the community go there... may I suggest: - To all wear the SAME teeshirt (not the killed bank one please .. maybe more neutral one) - get some stickers to put them everywhere .. (toiletts, public transportations, restaurants, lobbies ... blablabla) - why not prepare some QR code with preloaded 5BTSX and hand them to people!? - please print ALOT of handouts which contain our (cass's) info graphics about introduction, TITAN, the fee flow and lots of links to the communityI am pretty sure that there will not only be suits but also some crypto nerds we can attract .. or is all of this interpreted as too aggressive by others?This is a really good idea (except for the stickers on everything ). Maybe the shirts could say, "BitShares? Just ask me."I want to make sure I can buy wear one there - anything that says Bitshares prominently works for me, other than the bank killing one.If you do not plan to bring T-shirts, I would like to pay for one in advance (using bitUSD of course), please PM me the account.
Quote from: tonyk on September 15, 2014, 07:09:34 amQuote from: cube on September 15, 2014, 07:01:31 amThis FREE beer asset idea is neat. How do you 'pass' the free beer to interested participants?Unfortunate it is not 'free beer', it is 'free as in beer'.Otherwise we would have had enough demand...lol .. yhea I thought about a classical QR-code private key for an address that is preloaded with some FREE and maybe 1 BTSX to register an account ..QR-code private key works the same as in bitcoin .. (almost)
Quote from: cube on September 15, 2014, 07:01:31 amThis FREE beer asset idea is neat. How do you 'pass' the free beer to interested participants?Unfortunate it is not 'free beer', it is 'free as in beer'.Otherwise we would have had enough demand...
This FREE beer asset idea is neat. How do you 'pass' the free beer to interested participants?
Quote from: xeroc on September 15, 2014, 06:40:55 amas some of you might have noticed ... i registered an asset .. at the beginnign of btsx ..it's called 'FREE' ... free as in beer (description)I thought we can maybe use this for a marketing campaing .. something viral ..my thought would be to preload some addresses and print the private keys in QR format onto a flyer for las vegas ..i'd preload all of this with say 100 FREE and 0.5 btsx so that these guys can register a name ..when keeping a copy of the QR codes we do not loose btsx when someone decide not to take them .. (maybe after 6 months or so)if we decide to do this, we should probably ask the devs to add some QR-coderelated features to the GUI .. and also .. transactions to multiple addresses.. so that I don't need to pay1000BTSX transaction feesThis FREE beer asset idea is neat. How do you 'pass' the free beer to interested participants?
as some of you might have noticed ... i registered an asset .. at the beginnign of btsx ..it's called 'FREE' ... free as in beer (description)I thought we can maybe use this for a marketing campaing .. something viral ..my thought would be to preload some addresses and print the private keys in QR format onto a flyer for las vegas ..i'd preload all of this with say 100 FREE and 0.5 btsx so that these guys can register a name ..when keeping a copy of the QR codes we do not loose btsx when someone decide not to take them .. (maybe after 6 months or so)if we decide to do this, we should probably ask the devs to add some QR-coderelated features to the GUI .. and also .. transactions to multiple addresses.. so that I don't need to pay1000BTSX transaction fees
Quote from: Riverhead on September 11, 2014, 08:21:24 pmMaybe the shirts could say, "BitShares? Just ask me."
Maybe the shirts could say, "BitShares? Just ask me."
This is a really good idea (except for the stickers on everything ).
Keynote is free too. So if you aren't particularly interested in workshops, exhibit hall + keynotes are free (or $20??) Not that it is expensive anyway as a conference, but I'm cheap.Free equivalent of world class rock concert with Dan Larimer.Get to meet the fabulous TonyK rofl.Just need to book my flight.
I'm going to see what I can do to make it. I have some vacation time to burn...Would be great to meet everyone and have a drink.
Drinks on me! B
shit .. that is great ... but I cannot join :-(I really hope they run a live stream!!
Quote from: tonyk on September 11, 2014, 02:40:03 pmHappy or not to see me, I will try my best to be there!I would be happy to finally get to know you .. in person :-)as would be to get to know every one else... too bad Vegas is on the other side of the world for me
Happy or not to see me, I will try my best to be there!
Hey guys...I was able to get Dan the keynote spot for the final day of Inside Bitcoins in Vegas next month. Here's info on his keynote talk:Morning Keynote: Bitcoin and BeyondIn this keynote address, Daniel Larimer will review the history of Bitcoin, explain how its value can be understood with conventional analysis, and then dive into the technologies that go beyond Bitcoin such as trust free, income producing, digital gold, silver, and USD.Daniel Larimer Founder, BitShares.orghttp://insidebitcoins.com/las-vegas/