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Hmm. I'm a bit shocked by Nubit's volume.. I am not sure what to make of it.http://coinmarketcap.com/currencies/nubits/#marketshttp://coinmarketcap.com/assets/bitusd/#marketsI am puzzled seeing as though I think BitsharesX is a better solution.. less prone to manipulation just vote out delegates if they act up with their price feeds (Nushareholders holders can't be ousted for manipulating interest rates or printing of money)... more fair distribution and release (AGS/PTS vs internal funding, even now u have to message the dev and give him a reason why u should be able to buy Nushares)... bitUSD has collateral ( Nubits are Non collateralized and can be printed by Nusharesholders)... set free market dynamics that don't change after we get them right (vs Nusharesholders adjusting interest rates and printing money)... Nothing like the Feds (Nushares similar to the Feds.)What am I missing? Is it because they are on more exchanges? Because it's new and people want to mess around with it? Marketing? Long time Peercoiners support that will fade away eventually once they run out of crypto/capital?
Quote from: liondani on September 25, 2014, 07:19:01 pmQuote from: sschechter on September 25, 2014, 05:44:07 pmNuBits == DOAforDIE OUT ASAP ?DOA == Dead on Arrival
Quote from: sschechter on September 25, 2014, 05:44:07 pmNuBits == DOAforDIE OUT ASAP ?
NuBits == DOA
Quote from: tonyk on September 25, 2014, 04:59:15 amQuote from: Helikopterben on September 25, 2014, 04:54:09 amI prefer the collateralized model over the custodian model. Nubits is too centralized relying on certain individuals, although elected, to make decisions with other people's money. Central banks are basically elected custodians who make decisions about other people's money... very similar models.That's what should one HelikopterBen think..."very similar models" ... how are they similar? ONLY their final goal, 'price stability' is the same....How are central banks not similar to custodians who are elected to manage other people's money?
Quote from: Helikopterben on September 25, 2014, 04:54:09 amI prefer the collateralized model over the custodian model. Nubits is too centralized relying on certain individuals, although elected, to make decisions with other people's money. Central banks are basically elected custodians who make decisions about other people's money... very similar models.That's what should one HelikopterBen think..."very similar models" ... how are they similar? ONLY their final goal, 'price stability' is the same....
I prefer the collateralized model over the custodian model. Nubits is too centralized relying on certain individuals, although elected, to make decisions with other people's money. Central banks are basically elected custodians who make decisions about other people's money... very similar models.
QuoteI do wonder what happens if the market has high demand for "pegged" BitAssets, but low demand for "unpegged" BitsharesX. That's a topic for another thread, though.What happens is that due to the magical power of free market forces, BitsharesX gains more demand and increases in price! Our system works!
I do wonder what happens if the market has high demand for "pegged" BitAssets, but low demand for "unpegged" BitsharesX. That's a topic for another thread, though.
Well, "trolling" is a little harsh, I guess. I should say, I'm just here for the drama. I'm only joking, though. It's been fun, and I've learned more about Bitshares in the process.I do wonder what happens if the market has high demand for "pegged" BitAssets, but low demand for "unpegged" BitsharesX. That's a topic for another thread, though.