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Messages - NewMine

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106
General Discussion / Re: Bitshares price discussion
« on: July 17, 2015, 05:52:57 am »
Quote from: bitmeat on July 17, 2015, 04:17:40 am
See the problem is that the 3x collateral is based on the feed price. So one can only short so much.

1M BTS can only short like 2.5K BitUSD.

You can add collateral, but you can't remove it. It's really silly.

This is what people have been complaint about and losing money on for nearly a year. People left this project because they got burned from this and then a 10% hit on top. The Devs were too busy creating Graphene to do many thing about it. And now you all are seeing the effects of that. Nobody wants to buy back in because they got screwed and he project has flip flopped to something completely different, multiple times. If BTS 2.0 comes out and is the next best thing since sliced bitcoin, your market cap will suffer for awhile until it is clearly proven. And even then, these people who left are facing another dilemma, whether they want to invest in something like a ripple/bitreserve project or stick to the decentralized mantra of the cryptocurrency world. Yeah, yeah, yeah, Bitshares is "decentralized" enough you say.  Well it's not as blurry a line to all the people who are out there who haven't invested. And joe freaking schmo at bofA ain't gonna trust his money in a project who's ultimate control rests in a father son duo out of Virginia. Especially in a time where scams are the only things that carry weight in any new article beyond the crypto universe.

If you get rid of Cryptonomex ball and chain,Bitshares may be able to convince the billions of dollars in BTC to migrate over because with out that, you got nothing but all of you who are still here.

Just look at the BTS price. BTS did not ride up with BTC when it hit +$300. It actually faded. Then the altcoin pumps, and BTS faded. Then BTC and the Alts reversed, and BTS got hit hard. Hard like it was pumped.  This last dump was capitulation and I would bet you see a steady slow down trend. Probably to the $.002 range you predicted last month.

107
General Discussion / Re: Bitshares price discussion
« on: July 17, 2015, 05:36:28 am »
Quote from: DataSecurityNode on July 17, 2015, 01:44:49 am
Quote from: newmine on July 17, 2015, 12:32:29 am
Quote from: cylonmaker2053 on July 16, 2015, 09:52:02 pm
Quote from: newmine on July 16, 2015, 09:41:17 pm
Quote from: Blazin8888 on July 16, 2015, 07:53:43 pm
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.

would you say that Bitshares is still a fully open source project? The dev group has organized into CNX, but at any point we could have a different set of devs fork the project a diff direction that the community could adopt, right? i'm completely fine with the devs organizing themselves however they think optimizes their efforts, so long as the project is still open source and shareholders hold ultimate control (even though i realize the current devs are likely majority shareholders in the aggregate).

I guess that is something you don't understand. CNX owns the code. If anyone forks it and isn't anonymous, CNX can send a cease and desist order to stop using the code since it is owned and permission wasn't given. Now if the Dev of the fork stays anon, then you have a different story except that nobody will join because they are clearly engaging in a defined legal activity.

Bitshares is totally open source as are a lot of proprietary softwares. They have licensed or are going to do it in a way that you can see the code, you just can't do shit with it without CNX permission.

I guess that is something you don't understand. Worker proposals are specifically for code implementations to enhance BitShares. The BitShares 2.0 chain has been licensed back to the community free. CNX won't be able to do shit to BitShares without the shareholders permission.

"Proposals".....

Do t forget that CNX gets to distribute Bitshares code for a profit to outside parties, competitors, or anyone who wants to "plug in" in anyway, from 3rd party exchanges to payment processors. How else will the Devs get paid?

108
General Discussion / Re: Bitshares price discussion
« on: July 17, 2015, 12:32:29 am »
Quote from: cylonmaker2053 on July 16, 2015, 09:52:02 pm
Quote from: newmine on July 16, 2015, 09:41:17 pm
Quote from: Blazin8888 on July 16, 2015, 07:53:43 pm
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.

would you say that Bitshares is still a fully open source project? The dev group has organized into CNX, but at any point we could have a different set of devs fork the project a diff direction that the community could adopt, right? i'm completely fine with the devs organizing themselves however they think optimizes their efforts, so long as the project is still open source and shareholders hold ultimate control (even though i realize the current devs are likely majority shareholders in the aggregate).

I guess that is something you don't understand. CNX owns the code. If anyone forks it and isn't anonymous, CNX can send a cease and desist order to stop using the code since it is owned and permission wasn't given. Now if the Dev of the fork stays anon, then you have a different story except that nobody will join because they are clearly engaging in a defined legal activity.

Bitshares is totally open source as are a lot of proprietary softwares. They have licensed or are going to do it in a way that you can see the code, you just can't do shit with it without CNX permission.

109
General Discussion / Re: Bitshares price discussion
« on: July 16, 2015, 09:41:17 pm »
Quote from: Blazin8888 on July 16, 2015, 07:53:43 pm
https://bitcointalk.org/index.php?topic=813191.880



What's the deal with all these claims?


Definitely doesn't make bitshares look good if he's a scam artist. No idea but someone should address those comments as new investors are looking at Bitshares as well as Banx

Well, well, well.

By the way, this price drop has nothing to do with this. It has to do with a shit client and that Cryptonomex has taken control and centralizing the project and the code. A majority and perhaps all investirs are crytocurrency fans first and decentralization was a major factor in allof them buying BTC and then stumbling across bitshares. And bitshares isnt anywhere near the decentralized priject it started out as. multiple left turns have taken bitshares in a near opposite direction from initial white paper and AGS funding.

110
General Discussion / Re: Why are we tanking guys!
« on: July 16, 2015, 04:39:32 pm »
Quote from: xeroc on July 16, 2015, 08:13:40 am
@Ander seemed to be quite happy about it :)

https://bitsharestalk.org/index.php/topic,16894.msg223842.html#msg223842

He probably just took out a second mortgage so he can tripple up on this pull back again. He saw what MethodX dropped and didn't want him to lose the most.

111
General Discussion / Re: Announcing Brownie Points (BROWNIE.PTS)
« on: July 10, 2015, 11:47:52 pm »
Quote from: Method-X on July 10, 2015, 07:02:12 pm
  • Does investing 150k into BTS and watching the marketcap tank count?  :-\

I seriously hope you are completely full of shit.

I wouldn't even know where to begin. That sounds completely irresponsible whether you have a multimillion dollar trust fund, you are a lottery winner, or whatever.

You obviously couldn't ride the waves of the market and you needed to quit so you could pay the bills. This makes me sad that some of you are so wrongfully invested in something so risky and unknown. I am really hoping that you are just an heir to the family fortune and piss away money like that regularly rather than spending actual earned money.  :(


112
General Discussion / Re: 36 100% delegates
« on: July 09, 2015, 02:44:00 am »
Quote from: DataSecurityNode on July 09, 2015, 12:42:39 am
Quote from: newmine on July 08, 2015, 10:11:30 pm
Quote from: Akado on July 08, 2015, 07:37:17 pm
Quote from: Ander on July 08, 2015, 07:19:46 pm
Quote from: Akado on July 08, 2015, 07:13:15 pm
But I honestly know nothing about what the marketing delegates are doing, I have no info. Could someone update me?

They all stopped marketing and have been donating their funds to stuff like minebitshares.

I see. So if they stopped working (assuming I didn't get it wrong), they probably donate a big part of their salary right? Minebitshares already has 3 100% delegates + funds + double of the price when they were asking for delegates if im not mistaken. And it's still not enough?

It's not enough ever.

I was totally in support of minebitshares, but 3 delegates plus rgcrypto is absurd. Plus what do they make in fees? As long as they have delegates, their fee intake should be public info.

What exactly are the Chinese marketing delegates contributing at this point?  Let's get beyond the fact that they did something awhile ago, like make a website or two. What are they doing now to be allowed to keep earning?

I apologize if I offended anyone in the making of this comment.

This is wrong.. again.. more misinformation to make your wrong points.. surprise.

I can't speak to all the other delegates.. but I am starting to see why they haven't bothered to say anything.

3 100% delegates includes rgrcryptos.. and we only started receiving bts from the newly elected one a few weeks go after loan repayments. Note that a great deal of the BTS goes towards bonus payouts to the miners daily...and if you knew anything about anything you would know its a zero fee pool. I been losing money on it ever since I took it over... path to profitability for it is a few phases of development away.

@Akado - I already told you it didn't double, it went up by 60%.. even since that post it has gone further down. A 100% delegate earns less than $27 a day "right now" ..we all know the market cap goes up and down but my necessity to pay out bitUSD daily doesn't change.. and most of the time the cost is higher not lower. The current balance of bts we have managed to save in the short period while still paying out bonuses has amounted to about 4X less than every quote on the work to be done I have ever gotten. Also as noted earlier we got 40% of phase one done as well, while 60% remains. So no, its not enough... we are left waiting for months until there is enough to move forward. I kinda have repeated dozens of times now in forums.. but I guess when the trolling starts reality goes out the window.

Ok. So you have 2 delegates plus Rgcrypto's.

So you are making $81 a day right now with the three. It was a nice try to gloss over the total amount of earnings you make by throwing out the numbers for a single delegate. $81 X 7days = $567 per week.

Do you have a break down of how many blocks are being mined per coin and the exchange rate and how you are determining the extra bonus?  You are raking in ~13K in BTS per day. Do you have logs of handing that out on top of what is being mined? Somehow I doubt it.

113
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 10:11:30 pm »
Quote from: Akado on July 08, 2015, 07:37:17 pm
Quote from: Ander on July 08, 2015, 07:19:46 pm
Quote from: Akado on July 08, 2015, 07:13:15 pm
But I honestly know nothing about what the marketing delegates are doing, I have no info. Could someone update me?

They all stopped marketing and have been donating their funds to stuff like minebitshares.

I see. So if they stopped working (assuming I didn't get it wrong), they probably donate a big part of their salary right? Minebitshares already has 3 100% delegates + funds + double of the price when they were asking for delegates if im not mistaken. And it's still not enough?

It's not enough ever.

I was totally in support of minebitshares, but 3 delegates plus rgcrypto is absurd. Plus what do they make in fees? As long as they have delegates, their fee intake should be public info.

Same goes for Metaexchange.  I see hardly anyone uses it so fees are rather null at this point. Then you should ask, how much and how long should a site that isn't being used be allowed to get 100% delegate funds?

What exactly are the Chinese marketing delegates contributing at this point?  Let's get beyond the fact that they did something awhile ago, like make a website or two. What are they doing now to be allowed to keep earning?

So far it seems like, if you get voted in and you don't rustle the leaves you get to drain the system for free. I thinks lot of delegates are nearing a 750,000 BTS earned, while he Devs are near 1,000,000.

750,000X $.006= $4500 today's prices

$9000 at the highs this year
$2700 at the low this year

I know all of you expect BTS to increase. So hasn't everybody earned enough to retire on if BTS goes where you think it's going to go? Do these marketers really not have a real everyday job that pays their bills or are you telling me everyone of the delegates quits their full time real world jobs to live off delegate pay?

I think it's time you guys ask yourselves these questions. Never mind about me and how much you despise me. Think about everything every delegate has done and whether they have delivered and need the pay, delivered and dont need the pay or delivered and have been paid in excess according to what they produced?

Are all these guys going to need their delegate pay to hand over to Cryptonomex for compatibility with the Bitshares network and setting up?

Are we still waiting on whatever point oh for a marketing push?

Is some of the delegated content creating multiple streams of revenue?

Is everyone transparent?

Do you as a community even have enough voting power outside of I3 and the Chinese whales? This one may be your biggest problem.  The forum participators may not even have the votes to do anything substantial when it comes to voting? Maybe you should experiment and see how much clout you have together. Vote up some delegate and then vote em out?   

Is Cryptonomex really the best idea for the project? Anders poll awhile back seemed to convey that a majority of you weren't completely sold on the idea and there was possibly some risk.
https://bitsharestalk.org/index.php/topic,17172.msg219388.html#msg219388

I apologize if I offended anyone in the making of this comment.

114
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 06:40:21 pm »
Quote from: Tuck Fheman on July 08, 2015, 06:26:23 pm
Quote from: newmine on July 08, 2015, 06:05:13 pm
Anyway, it's a nice insight into what kind of character traits you are made of. I do understand that people change, but I don't see that as likely judging from the way you speak on this forum.


Not that you claimed to have higher moral standards, but let's pretend it's implied for teh lulz. :P

That is a funny gif.


115
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 06:05:13 pm »
Quote from: DataSecurityNode on July 08, 2015, 05:53:12 pm
Quote from: newmine on July 08, 2015, 05:40:25 pm
Quote from: DataSecurityNode on July 08, 2015, 05:28:54 pm
Quote from: newmine on July 08, 2015, 05:17:15 pm
Quote from: DataSecurityNode on July 08, 2015, 04:55:36 pm
Quote from: onceuponatime on July 08, 2015, 04:36:27 pm
Quote from: newmine on July 08, 2015, 04:01:19 pm
What are you guys doing?

Start by telling us what YOU are doing.

Haha.. This ^^

Well.. I represent 3 of the 36.. I can say that not a single day goes by that I am not working for BitShares... because of the market cap though no thanks to windbags like OP.. I still don't have enough to get the updates we need done. Though we got about 40% done so far.. the other 60% needs to be done for phase 1 to go into production. Been saving and hoping for a market cap increase to get that moving.

And for the record.. not a single BTS has been for myself at this stage.. all of it has gone towards the project itself. Though I am not going to maintain that for much longer.. so I am motivated to turn the project around to make it profitable on its own.

If we got our other delegates voted in when we made the bid, I would be reporting a whole different story by now. You still can .. http://vote.bunkermining.com

Cyber bullying. OMG! You are just the person Bitshares needs.

Glad to see you were trying to dig up dirt on me.. too bad you didn't keep digging to see I got that order revoked in a landmark decision by the supreme court. http://www.trurodaily.com/News/Local/2015-03-27/article-4092650/Order-overturned/1

How about sharing some online info about yourself newmine... I am sure there are plenty here that would love to creep on you too. :)

Hey dude, I deleted that comment 20 minutes ago. You sat on that post reply page, so imagine you were trying to dig on me. Believe me, I saw that it was overturned and you had to pay $1500.

Wow.. facts straight.. the other guy had to PAY ME $1500 for costs.. the loser pays the costs. I was the winner.

You took what you 'saw' and revered it here. Not helping your credibility here.

I just replied to the notice of the post... no magic creeping there.

Lets just leave it at.. 'you are amazing' without the sarcasm. :)

Yes it does look like you were owed that. I misread that. I am sorry.

Anyway, it's a nice insight into what kind of character traits you are made of. I do understand that people change, but I don't see that as likely judging from the way you speak on this forum.

Here's a link to the case. It's pretty interesting:
http://www.courts.ns.ca/Decisions_Of_Courts/documents/2015nssc94.pdf

116
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 05:40:25 pm »
Quote from: DataSecurityNode on July 08, 2015, 05:28:54 pm
Quote from: newmine on July 08, 2015, 05:17:15 pm
Quote from: DataSecurityNode on July 08, 2015, 04:55:36 pm
Quote from: onceuponatime on July 08, 2015, 04:36:27 pm
Quote from: newmine on July 08, 2015, 04:01:19 pm
What are you guys doing?

Start by telling us what YOU are doing.

Haha.. This ^^

Well.. I represent 3 of the 36.. I can say that not a single day goes by that I am not working for BitShares... because of the market cap though no thanks to windbags like OP.. I still don't have enough to get the updates we need done. Though we got about 40% done so far.. the other 60% needs to be done for phase 1 to go into production. Been saving and hoping for a market cap increase to get that moving.

And for the record.. not a single BTS has been for myself at this stage.. all of it has gone towards the project itself. Though I am not going to maintain that for much longer.. so I am motivated to turn the project around to make it profitable on its own.

If we got our other delegates voted in when we made the bid, I would be reporting a whole different story by now. You still can .. http://vote.bunkermining.com

Cyber bullying. OMG! You are just the person Bitshares needs.

Glad to see you were trying to dig up dirt on me.. too bad you didn't keep digging to see I got that order revoked in a landmark decision by the supreme court. http://www.trurodaily.com/News/Local/2015-03-27/article-4092650/Order-overturned/1

How about sharing some online info about yourself newmine... I am sure there are plenty here that would love to creep on you too. :)

Hey dude, I deleted that comment 20 minutes ago. You sat on that post reply page, so imagine you were trying to dig on me. Believe me, I saw that it was overturned and you had to pay $1500.

117
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 05:20:18 pm »
Quote from: Riverhead on July 08, 2015, 05:16:13 pm

It's a fair question and it's been the cause of a few threads calling for some delegates to account for their pay, some to be voted out, and others to be voted in.

In one of the other threads on this topic I postulated that cold storage and collateral voting was the root cause. Apathy I'm sure plays a part too. It's just hard to get upset when the market cap is so low. A 100% delegate is making about $4.86/hr assuming a 2000 hour year.

Things will be different on the new chain; likely for the better. In the mean time there isn't much incentive to take the delegates to task.

At least there is one positive coming from 2.0. I won't hold my breath though.

Because of your transparency and honesty I wonder why you don't have 100%? If everyone were like you and MethodX, I would have less to complain about, which is good right?

118
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 04:58:51 pm »
Quote from: DataSecurityNode on July 08, 2015, 04:55:36 pm
Quote from: onceuponatime on July 08, 2015, 04:36:27 pm
Quote from: newmine on July 08, 2015, 04:01:19 pm
What are you guys doing?

Start by telling us what YOU are doing.

Haha.. This ^^

Well.. I represent 3 of the 36.. I can say that not a single day goes by that I am not working for BitShares... because of the market cap though no thanks to windbags like OP.. I still don't have enough to get the updates we need done. Though we got about 40% done so far.. the other 60% needs to be done for phase 1 to go into production. Been saving and hoping for a market cap increase to get that moving.

And for the record.. not a single BTS has been for myself at this stage.. all of it has gone towards the project itself. Though I am not going to maintain that for much longer.. so I am motivated to turn the project around to make it profitable on its own.

If we got our other delegates voted in when we made the bid, I would be reporting a whole different story by now. You still can .. http://vote.bunkermining.com

You are amazing.


119
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 04:51:34 pm »
Quote from: xeroc on July 08, 2015, 04:17:22 pm
Quote from: fav on July 08, 2015, 04:15:35 pm
jokes aside, we need dphoshub or whatever their name is to keep track on delegates (and workers later on)
Not sure that's the point of newmine's OP ..
I think he just wanted to hammer about the "dilution" again .. (which is about 2.2% p.a. btw ..)

Legitimate question.

None of you guys seem to care about who becomes a delegate, who quits but remains voted, what they still contribute etc. etc. etc.

I was more pointing out that there is 36 delegates taxing the chain at 100% and it seem some people are not contributing anything at this point and are lost in the mix as most of you refuse to question anyone or anything.

Yes, yes. We established the fact that I don't contribute. But I am also not a paid delegate. So......

120
General Discussion / Re: 36 100% delegates
« on: July 08, 2015, 04:44:35 pm »
Quote from: onceuponatime on July 08, 2015, 04:36:27 pm
Quote from: newmine on July 08, 2015, 04:01:19 pm
What are you guys doing?

Start by telling us what YOU are doing.

I am trading. Right?

Don't get all bent because someone is bringing light to the fact that the delegates you control don't contribute anything anymore.

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