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General Discussion / Re: Invasion of the bitAsset
« on: February 14, 2015, 05:26:06 am »
Good to see! Lets get even more going to make headlines
BTC copper-tops will take notice then.
BTC copper-tops will take notice then.
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I've been playing around with a way to explain BitAssets taken together as a whole rather than treating them as individual currencies that get lost on the second page at coinmarketcap.com. What do you think of a message like this?
BitShares' BitGold is currently at 195 on coinmarketcap in traditional ranking. This is misleading.
Since it trades against BitShares and all the other assets shown above on the #4 BitShares blockchain, its status is more a reflection of the desire people currently have to lock against gold vs some other commodity or fiat currency. Interest may pick up this spring when we expect companies start offering direct off-ramps from BitGold and BitSilver to the physical metals themselves. Ever try to buy physical bullion and wait for days for your wire to get there to lock in the price? Would you like to be able to lock physical it in ten seconds?Yeah, I though so.
At different times the global market will perceive each of these pegs as a safe haven. Right now, gold is seen as more volatile than the USD or CNY and therefore not where most people want to park risk-off money. When the world fiat currencies start misbehaving, we'll see the mix adjust in about ten seconds.
Its best to look at the sum of all these BitAssets when assessing how they are catching on, since they form a common set of options inside a single "Smart Coin" implemented as the decentralized exchange known as BitShares.You can program your Smart Coins to track any basket of BitAssets.
-- Roll your own custom risk mix. --
That is the real power of BitShares.
Could we strengthen the link between us and ethereum and both communities? Would it be possible for Dan to talk with Vitalik and do something like we're doing with Peertracks' Notes? Everyone who donated to ethereum did so using bitcoin from their own wallets if im not mistaken right? So the ethereum crew could check on to see if people are unhappy about not being able to get their coins and a snapshot would be taken and ethereum coins or whatever they are called could be issued in BitShares. Then once they have everything ready, another snapshot is taken and they freeze trading in BitShares, to be continued on their own client. To be honest I dont even know if this would be good or not for us, though it would certainly draw some attention. But it would definitely strengthen the ties between both communities or at least, it should. Just some random thought, don't even know if it's a good or bad idea lol
Hi, I'm also new. I'll share my experience thus far and maybe it can help.
First: Download the Bitshares wallet from the website to your local machine and set up your username and password. Then export you wallet file to your computer, and save it elsewhere. (Flash drive, email, cloud, etc.) Now that the "keys" (the backup file and your password) to your personal "vault" (desktop wallet) are secure, you then need to register the name with the blockchain and then fund your account. Go to http://faucet.bitshares.org to register you username. Once your username is registered with the blockchain, you can fund the account with Bitshares. But to do that, right now, you need to buy Bitcoin. In most cases, you'll buy a fraction of a single Bitcoin (In the beginning I assumed I needed to buy a whole coin, but this is unnecessary).
Next: The easiest way to get Bitcoin, for me (and in the same day and without much hassle) was to go to Localbitcoins.com and create an account (an online bitcoin wallet essentially). You can search for various methods of deposit, but I searched for a cash deposit option with a bank in my area. The details of the account and the transaction are understood when you use the site and find a seller. Essentially you deposit cash and verfiy it with a receipt and then the seller sends your equivalent amount in Bitcoin to your Localbitcoins.com online wallet. You now have Bitcoin and can exchange it for other altcoins. Almost there.
Finally: Localbitcoins.com is a good temporary wallet, but you'll want to download another Bitcoin wallet for more security (Bitcoin Core, Electrum, etc). But if speed is your main concern, then simply use your Localbitcoins.com wallet to hold your Bitcoins temporarily before exchanging them for Bitshares. This is where Shapeshift.io comes in, as it is the most convenient exchange service available right now, by far. Your personal Bitshares username or public key is the receiving address. Shapeshift.io even has a live chat function if you need some extra explanation. By the time you're finished with the Shapeshift transaction (a few minutes), you should have Bitshares transferred to your local wallet. (sigh of relief)
As for what to do with your BTS once they are in your Bitshares wallet, this is becoming better explained with each new update. You can simply hold BTS or exchange them for BitUSD or some other asset. Or you can transfer BTS to another exchange, like BTER.com. But I suspect the wallet will become more intuitive and more user-friendly as time goes on. One note about the Memo field. Usually when you Transfer BTS to another wallet, the Memo field would be used to ensure the funds are attributed to the right account, and this information is usually provided by the receiving party. They will offer a reference number or something for you to include in the Memo field. In the case of BTER.com for example, when you want to deposit BTS to an online BTER account, they will provide the Memo details.
Good luck!
Make a little break from contributing to bitshares and contribute to your self watching this amazing video!
The testimony of actor Jim Caviezel ...
http://youtu.be/vKt_flNIEKU
If I remember correctly you're looking for about 10 million usd, this is pretty ambitious for a rewards based crowdfunding campaign.
A little searching led me to:
https://www.indiegogo.com/projects/cold-war-bunker-building-restoration
https://www.indiegogo.com/projects/save-the-historical-fallout-shelter
So you know it isn't easy to raise capital through this.
The difference between those 2 campaigns and your new one is, those campaigns anticipated more on charity, where as the new campaign would be more of a presale.
I don't understand that if you take this route, why you would have the need for an UIA.
And also, wouldn't it be easier to reach a wider audience though traditional crowdfunding platforms?
I'm just not sure who the customer base would be. Are there that many people using something like this? Who are the potential admins and who are their potential users?