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General Discussion / Re: Wow. That was a shitty day for bitshares
« on: November 03, 2015, 04:38:25 pm »
Im not gonna lie. This consistently low price is depressing.
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Would you not want to use the online wallet?Hi, I recently downloaded 2.0 directory in for Linux and having problems launching it, I want to get my coins off the exchange for these moments, may I please get some love or link for bts set up for dummies. Pm if more appropriate. TIA.
Anyone?
bitshares still so weak ,please don't bother bitcoin ok?
bitcoin religion is still powerful
focus on bts‘s GUI performance ,user experience !!!!!!!!
do the best!!!!
slogan such as “beyond bitcoin ” is too early!!!!!!!!!!!!!
marketcap ,trade volume , exchange……
Fair enough. The goal is to get it moved over then pay in BitUSD, etc and tie to cards. That allows for Phase 2 of our plan...Phase 2 sounds good, I'll start investing closer to this time
Awesome stuffEstimated blockchain syncing time (on old PC)?
Depends upon your internet connection. There is almost no disk access and everything is in memory so it is blazing fast. There have been several million transactions on the test network and the test network has simulated 11 years of maintenance intervals at this point and can still be reindexed in under 5 minutes. I would guess that once the real BTS chain is out processing less than 1 transaction per second on average (based upon current rates) that your old PC will take no more than 10 minutes to sync for a very long time.
I think Bitshares recognizes that some things are better when more decentralized whilst other things are better when centralized.Thanks for compleeting my quick explanation .Endless disappointment. They do that to me and other post 28/2 investor in AGS. They will do that again. It no longer makes sense. BTS is more centralized than anything in crypto-space.
About the brownies sharedrop, I think it's not a good thing to annnounce a % sharedrop on brownies and then change it. It may irritate some people ...
Great, thanks. I'll keep an eye outThere is an explanation in the anouncement thread of Identabit. There is a description on the % allocation.
It's gonna be 10% on bitshares and 10% on brownies
This is not entirely accurate.
The Identabit sharedrop will issue 20% of initial supply to BTS holders.
While Identabit will have an incorporated vesting schedule, there will be no dilution unless share value increases in parallel.
Identabit has identified the option to eventually double outstanding shares, which, in worst case scenario, would lower the final BTS sharedrop percentage to 10%.
https://bitsharestalk.org/index.php/topic,17354.msg234544.html#msg234544Except that there will be NO dilution during the vesting period because John underwood invented Proof of Appreciation. This says that no new shares enter circulation until there is proof that the shares have appreciated enough to offset the dilution. So your 20% can never lose value due to dilution and you can sell it while your shares have appreciated to offset any new supply that may trickle in.
Regarding the Brownie.PTS - bytemaster has stated on a recent mumble that brownies may not necessarily receive the entire 20% (initial supply allocation, as above) currently slated for "Active BTS Community".
At this time, I don't believe there has been any definitive statement regarding the exact percentage brownies will receive.