I think.we have too.keep going funding development whatever is th outcome, we have the.model,.we.can keep developing things with tbis model, bitshares is not cript that became lisk, bitshares is far greater n stabilished, nas a market, has a product, has a.model, has projects, n it didnt stop, that is.the point...
I believe is.important to have dan n family on board if we can reach a good deal.for everybody not a problem for me.......everything for the greatness of.bitshates the facebook of criptoworld

A lot of fud, up? 

I really cannot believe that dan would make anything to screw with bitshares, he put too much into it, certanly he consider bts a son, bitshares project is pretty solid, a lot of players involved, he saw it grow...
...he need money to keep going but im certain that que loves like noone else what bts became, not the software, but the ecosistem, comunity, involvment......he was a great mayor, he make the city work for itself, but a great mayor love his people, love of he did n what he build we con go foward with another mayor but our idol is always better.

Quote from: lil_jay890 on May 27, 2016, 02:32:12 pm

From the mumble today according to Dan:

Bitshare's network won't die... but it's hard to find justification for the bitshares token to have a higher market cap, even if the network does continue to grow.

Congrats bitshares holders, please tell me how bullish this is!

Your vision of a bussiness impressed me.  Hanks for share

Well it's hard to have a justification till Nov 5th when they, the largest holders of PTS & AGS and therefore merger shares are likely selling.

However the primary business model for BTS continues to be SmartCoins imo but they do require BTS to introduce liquidity subsidies and continue to make the DEX as user friendly as possible. (I'm also in favour of Yield subsidies for the period of time SmartCoin growth outpaces it.)

If demand for Smartcoins (Backed by BTS) grow over time then demand for BTS will grow with it until such time as the SmartCoin market reaches maturity. (Possibly many years in the future.) At that stage you would monetize your customer base through transaction fees in order to generate a return for shareholders like a more a traditional business. (As well as sell them other related products and services on BTS.)



Another business model on BTS is also a pure DEX model with trading fees for a range of user issued assets. While less lucrative imo, with CEX's like Coinbase valued at >$500 million there's also some potential there by growing that market to become the leading DEX & monetizing that customer base.

This is stark contrast to Steemit, which I see as being sub $1 million/uninvestable.

Quote

Reddit hypothesized that its platform would be improved if everyone who contributed to reddit.com by posting stories, adding comments or voting were rewarded with a fair share in Reddit, Inc1. Steem aims to support social media and online communities by returning much of its value to the people who provide valuable contributions

It has an almost guaranteed constant loss making business model by paying users to subscribe and paying them again for content while having limited potential for future monetization as demonstrated by Reddit.

Quote

As of 2015, Reddit had 542 million monthly visitors (234 million unique users), ranking 14th most visited web-site in US and 36th in the world.[6] Across 2015, Reddit saw 82.54 billion pageviews, 73.15 million submissions, 725.85 million comments, and 6.89 billion upvotes from its users.[7]

https://en.wikipedia.org/wiki/Reddit

Even with those stunning metrics Reddit only generated $8 million in ad revenue in 2014 and less than $1 million from their subscription service I believe.

http://www.recode.net/2014/3/3/11624114/still-in-the-red-reddit-to-donate-one-tenth-of-ad-revenue-to-charity

Even after 10 years REDDIT is still in the RED. (It costs them more to operate Reddit than they gain in revenue.)  Imagine if they had to pay for all the good/popular content on top of that... (Try some numbers, it's scary )

So it will take many years of work to get to a fraction of Reddit's size and even then the opportunity is not very lucrative plus their, (Steem) model adds a lot of additional costs.

(Reddit users are also fickle and attempts to monetize further have been met with resistance and loss of userbase. Reddit also donate 10% to charity for positive PR. This indicates not only the difficulty of monetizing something similar to a Reddit type platform but also the fickleness of the users and the importance of positive PR. Given the unpopularity with the way they launched it's unlikely Steem will have the positive public perception needed among crypto-currency users (which may make up a large part of its initial userbase/target market) to gain strong initial traction either. You could hope that adoption of your currency outpaces costs but again it would be unpopular and viewed perhaps rightly as centralized so is unlikely to be adopted to any meaningful degree in it's own right either.)

I.REALLY LIKED YOUR VISION!

After reading a lot I dont support the change too, but of course its difficult decision

Xeroc n stan you boh give me.confidence to stay strong n I shares both of you view....Im a little bit down right now but Im not scared, prety confident insted

I dont see too many people wanting to sell at those prices lets stay focus it will jump if you dont.sell

Quote from: bitsharesbrazil on May 26, 2016, 11:14:04 pm

... I have a question, what merger is going to happen on nov 5?

The Merger That Kept BTS Alive happened on Nov 5, 2014.

Quote from: Stan on May 24, 2016, 12:59:14 pm

GANDALF:   Let the Ringbearer decide
 
Frodo looks confused and turns to Sam
 
BOROMIR:   We cannot stay here! (Merry and Pippin look frozen and scared next to him) This will be the death of the hobbits!
 
GANDALF:   Frodo ?
 
FRODO:   (hesitating) We will go through the Merger...
 
GANDALF:   So be it

Vesting balances from merged AGS and PTS finish vesting on Nov 5, 2016.

At that point new supply coming onto the market will drop, perhaps like the July Halving of Bitcoin.
So in July we may get a Bitcoin preview of what happens to BitShares in November.

All other things being equal.

Meanwhile, the nattering nabobs of negativity will continue to relentlessly suppress demand by sharing their worst fears as if they were facts, while vesting continues to increase supply for five more long months.  Everywhere there is blood in the streets.   

    Turning and turning in the widening gyre
    The falcon cannot hear the falconer;
    Things fall apart; the centre cannot hold;
    Mere anarchy is loosed upon the world,
    The blood-dimmed tide is loosed, and everywhere
    The ceremony of innocence is drowned;
    The best lack all conviction, while the worst
    Are full of passionate intensity.

    Surely some revelation is at hand;
    Surely the Second Coming is at hand.
    The Second Coming! Hardly are those words out
    When a vast image out of Spiritus Mundi
    Troubles my sight: a waste of desert sand;
    A shape with lion body and the head of a man,
    A gaze blank and pitiless as the sun,
    Is moving its slow thighs, while all about it
    Reel shadows of the indignant desert birds...

            -- William Butler Yeats, The Second Coming

thanks for explaining stan!

I read a lot of stan messages in the past a kind of folcloric n controversional but he is still here so this is good hehehehehe