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Beyond Bitcoin [closed] / Re: Developer Hangout with itnom from Bitsapphire about the Moonstone Wallet(Raw)
« on: March 02, 2015, 04:50:29 pm »Sorry. The mp3 is OK. The fucking GFW is blocking me.
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What worries me is not the rate of dilution. It's that delegates need to dump their BTS in order cover their costs. No matter what the rate of dilution is, there is constant sell pressure.
I may be wrong on this but I think greed is our ally in getting BTS off the ground. With all the crypto projects pitching revolutionary this and that. I think a sound investment is how you slice it. When the price of something goes up and up, like it or not, people notice. I think the dilution can hurt this which is why many companies choose to take out loans instead of diluting shareholders.
Basically I think it's misleading to look at it as a 6% of inflation. Since it does not mean that BTS will only be worth 6% less. A tiny percentage of dilution, dumped on the market an cause a total crash/downward spiral of the price.
I think Peertracks and Cob lack an innovative mindset and that's why they're being so hush hush about how exactly it will work. I think they have an outdated business model and I hope to show why in the coming months. Either way...may the best man win.
I'm not sure sure I know enough about their model to make that kind of conclusion, but I'm fully behind what they are doing. If you fork, please don't forget to drop some on the community.
Won't be forking Peertracks. Will be forking Bitshares though and I do plan on sharedropping. I'm quite fed up with the lack of transparency around the project but just based on what he has alluded (central server, royalty payments) I don't like it one bit.
Why do we need such transparency?
IMHO, updating on forum aperiodically is enough for me.
BTS has been quite transparent from the time when it was born and I don't see we benefit much from it.
Have you seen any successful company explaining to its shareholders what they are doing everyday?
Still have yet to see a true white paper. Enough said?
I think Peertracks and Cob lack an innovative mindset and that's why they're being so hush hush about how exactly it will work. I think they have an outdated business model and I hope to show why in the coming months. Either way...may the best man win.
I'm not sure sure I know enough about their model to make that kind of conclusion, but I'm fully behind what they are doing. If you fork, please don't forget to drop some on the community.
Won't be forking Peertracks. Will be forking Bitshares though and I do plan on sharedropping. I'm quite fed up with the lack of transparency around the project but just based on what he has alluded (central server, royalty payments) I don't like it one bit.
ha? why would I use a service for exchange when I can do the exchange in the market myself?
What's the use-case here?