Quote from: dannotestein on July 14, 2016, 06:15:02 pm

Quote from: yvv on July 14, 2016, 06:10:13 pm

There is actually something bitshares could learn from steem. Steem doesn't give away STEEM tokens to content creators for posting their BS. Instead, they use STEEM as collateral to issue steem dollars, which they give away. This is actually smart approach, because such a giveaway does not cause a dilution. Bitshares could do the same, even better. Instead of paying workers BTS, committee could use the reserve as collateral to issue smart coins and pay a worker with smart coin of his/her choice. This would fill the market with different bitAssets. The only dilution would come from forced settlements. Right now the reserve is enough to issue over 2M bitUSD, and as the reserve gets filled with collected fees, more could be issued.

This could be a great idea, but it probably requires a good gateway to fiat for the bit assets being paid out. So it would probably work now for workers willing to be paid in bitCNY, but not in bitUSD.

They could be paid in any bitAssets of their choice. When they want to cash out, they would convert their bitAssets to OPEN.USD  or OPEN.BTC, or do it whatever way they prefer. Even if they dump their bitAssets for BTS, it would not dilute BTS.

That's true, active markets for the bitAssets could make it work.

Just went to blocktrades.us and noticed a lot of the previous trading pairs are gone.  Can't even buy or trade bitshares.  Is this something temporary.  If not, what happened?

It's a temporary thing. We were having a lot of problem's processing a ton of steem buys after the price started exploding and we noticed the system was heavily loaded so we shut down all but the most active wallets temporarily to see if it would help. But it looks like the primary problem is just an issue in the steem wallet itself, so we'll be enabling the other wallets again soon).

What software development services does blocktrades supply? Are you accepting applications for new cryptocurrencies to be added to your bridge/gateway service?

We can supply almost any kind of software development service related to cryptocurrency, from blockchain development to web development. We can also add new cryptocurrencies to our bridge/gateway service for a fee that depends on the complexity involved. However, we are currently fully engaged with existing contracts, so we're not accepting new work right at this moment.

Quote from: bytemaster on April 01, 2016, 06:19:05 pm

I wanted to make sure Steem didn't compete with BitShares market.  In fact, one of the reasons I was willing to help with Steem was that its feature set is fundamentally incompatible with BitShares and we could not hardfork BitShares to implement what Steem does.

I'll just leave this here...and direct attention specifically to "Phase 3"

https://steemit.com/steem/@dan/steemit-s-evil-plan-for-cryptocurrency-world-domination

Lol, I wouldn't be too concerned, though. Steemit's got way too many issues to work out in their base platform to be competing with BitShares as a decentralized exchange any time soon...

Posted an article on steemit describing our new system for fast-confirming bitcoin purchases on BlockTrades:

https://steemit.com/blocktrades/@blocktrades/bitcoin-payments-accepted-in-20s-soon-to-be-6s

It functions today, but it'll probably be another week or two before it's rolled out for general use. Note that it's mainly intended for use by merchants, but it can be used by any customer.

Quote from: dannotestein on June 22, 2016, 05:23:58 pm

Obviously there's disagreement on the value of these videos, but I think for the price we're paying they are a reasonable deal. We really need more of this type of video material, not necessarily to attract new users, but just to educate them once they are here. There's a substantial group of people that are much more likely to watch a few videos than will scavenge thru a forum or post a bunch of questions (that we'll then be forced to answer over and over again). As it stands now, I'm sure we lose a bunch of these new users due to difficulties of learning the platform, and that's an expensive loss.

On a related-note, I'd like to encourage everyone to do a search on youtube and "watch" any decent video on bitshares they can find there. The reason is simple: views are a relative measure of the popularity of a video (and the topic it covers). The more views they get, the more likely other people are to watch the video, since people are more likely to watch something that's popular. It's just human nature.

i didn't need a video to use paypal. maybe that's the problem . it's not the issue with the video , it's the fact that we even need them in the first place.

I suspect you're considerably more versed in computer usage than the "average computer user". I know lots of people who need either direct assistance or at least a video tutorial to learn how to use paypal.

Obviously there's disagreement on the value of these videos, but I think for the price we're paying they are a reasonable deal. We really need more of this type of video material, not necessarily to attract new users, but just to educate them once they are here. There's a substantial group of people that are much more likely to watch a few videos than will scavenge thru a forum or post a bunch of questions (that we'll then be forced to answer over and over again). As it stands now, I'm sure we lose a bunch of these new users due to difficulties of learning the platform, and that's an expensive loss.

On a related-note, I'd like to encourage everyone to do a search on youtube and "watch" any decent video on bitshares they can find there. The reason is simple: views are a relative measure of the popularity of a video (and the topic it covers). The more views they get, the more likely other people are to watch the video, since people are more likely to watch something that's popular. It's just human nature.

how does one even go about withdrawing OPEN.STEEM and redeeming STEEM?

Go to the Deposit/Withdrawal tab in the wallet and select the OpenLedger tab. Then in the "Withdrawal" tab, set the dropdown box to withdraw STEEM and press the Withdraw button. Enter the amount to withdraw and put in your steem account name as the address to withdraw to.