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Messages - mint chocolate chip

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16
General Discussion / Re: Merger of STEEM and BTS
« on: May 30, 2016, 01:46:38 pm »
A straight merger will never happen, just forget about that. What could happen however is Bitshares deciding to adopt some of the features developed for Steem once they've proven that they work, like rate limited free transactions, market maker incentives and possibly the new pegged asset model.

One of the main issues Bitshares faces right now is the lack of interest around the market pegged assets; although the peg works fairly well the generation process through shorting/borrowing is failing to generate enough supply to make the assets viable. Steem has a new solution for this problem that could be ported to Bitshares if it turns out to be more successful. Bitshares currently does not have an ETH asset, perhaps a bitasset 2.0 could be implemented first using ETH, that could generate a lot of interest and would make it very easy for ETH holders to come trade on Bitshares. Anyway, we first need to see the new model in action in Steem, which will happen after the 4th of July..

svk, the new Steem model could not possibly overlap our market and become a competitor...
And it surely can't be used by BitShares...


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.

17
General Discussion / Re: IS BTS dead?
« on: May 29, 2016, 12:22:01 pm »
Just as a reminder. Go to STEMMIT.com click on the left sidebar and click "buy steem" you will be not be redirected to Openledger but to Bittrex. So, the creator of BitShares is not linking and supporting his own plattform. Words can say everything, but you will see what the people really feel if you watch closly.

You are missing the part that STEEM has a broader audience than the bitshares supporters, the average crypto-fan has no idea what an OPEN.BTC or OPEN.STEEM is and how to use openledger, If you think that the best time to educate them is on the instant that a new coin launces then good luck with that. Btw Coinmarketcap lists all exchanges as usual.
BM can't easily and anonymously dump his premined Steem on OpenLedger without it becoming a big deal. Much better for him to get buyers going to Bittrex.

18
General Discussion / Re: IS BTS dead?
« on: May 26, 2016, 07:36:14 pm »
yum.  bts price is silly to me.  The projects going in bts have not died (quite the opposite actually) and volume on the exchange is going up from what ive been hearing. :)
Dont see you championing Sharebits any longer

19
General Discussion / Re: State of Stealth ?
« on: May 22, 2016, 06:44:40 pm »
i do not understand. so when oneuponatime didn't paid for stealth who did it? dan from his own pokets?

I think to compensate onceuponatime for his "loan" he was in Dan's words: "well taken care of" (read: included in the inner circle, advance notice of Steem, etc.). Seems that the devs and their inner circle spent the so-called delayed months caused by the Stealth development to heavily dump most of their remaining BTS from various large accounts.

would love to hear what "really" happened fromb @bytemaster or @onceuponatime , because i was under the impression, that he paid for the STEALTH and was not aware of the reversed FBAs to Bytemaster.

So, from the allocation right now, Bytemaster is the biggest holders of the FBA STEALTH.
https://bitsharestalk.org/index.php?topic=22138.0

20
General Discussion / Re: State of Stealth ?
« on: May 22, 2016, 05:33:01 pm »
i do not understand. so when oneuponatime didn't paid for stealth who did it? dan from his own pokets?

I think to compensate onceuponatime for his "loan" he was in Dan's words: "well taken care of" (read: included in the inner circle, advance notice of Steem, etc.). Seems that the devs and their inner circle spent the so-called delayed months caused by the Stealth development to heavily dump most of their remaining BTS from various large accounts.

21
General Discussion / Re: State of Stealth ?
« on: May 22, 2016, 01:42:09 pm »
1. No
2. Dan sent onceuponatime a refund for his money and onceuponatime sent Dan his stealth tokens back.

In other words, stealth was used as a cover to hide the development of Steem while we all thought an actual BitShares feature was being developed for months. Then the April Fools Day Steem announcement and concurrent Stealth is not going to happen announcement and it was apparent that all of us were played for fools.

22
Stakeholder Proposals / Re: [Worker Proposal] Chronos Crypto videos
« on: May 20, 2016, 01:51:57 am »
The referral program sounds good on paper, but after the fees were adjusted it has become pretty much worthless. The top two leading referrers have ~1,600 referred accounts between them and less than a few thousand bts vesting (referral income) each.
I disagree. All it takes it so convince people to upgrade to LTM. Once people see the value in LTM the referral program will be worth it.
All it takes it so convince people to upgrade to LTM.
In other words, all it takes is to convince people of something that is currently unlikely: that being an LTM will be long-term profitable because of fee savings and referral fees. I'd agree that the referral system probably isn't compelling for most people right now, if they understand the fee structure.

With the drastically reduced fees, there is really no point to upgrade!!! The way I look at it, saving 80% on what is almost a free trade amounts to minimal savings. Spending a bunch of your capital to upgrade to LTM just doesn't make a lot of sense anymore.

23
Stakeholder Proposals / Re: [Worker Proposal] Chronos Crypto videos
« on: May 19, 2016, 12:59:23 pm »
OP: do you know the referral program which is built inside BitShares and how to use it? It can probably bring you more income if used in the videos.

The referral program sounds good on paper, but after the fees were adjusted it has become pretty much worthless. The top two leading referrers have ~1,600 referred accounts between them and less than a few thousand bts vesting (referral income) each.

24
BM now explores free market solutions to secure Life, Liberty and Property for insiders and devs.

tonyk's breakdown is spot on:

-eSTEEM - bm has so much self-esteem, so much so it justified something as ridiculous as issuing 75% of the coins to himself and even adding 9x more coins for each coin someone dared to 'earn'...  full name: "BM's self eSTEEM."

-of course steem was developed in STEALTH of bts holders... I mean while MasterByte supposedly was working on STEALTH....
btw, during the same period, in STEALTH were also sold tens of millions of BTS by the core team...while the poor common bts holders believed something improving bts was being developed...

-and bm has the honesty to call himself reverseflash (you know how one flashes the toilet? The reverse flash is the opposite action) while working in STEALTH to satisfy and fairly pay himself in accordance with his self-eSTEEM.... the bts holders were reversed-flashed more or less.

25
General Discussion / Re: The DAO price discussion thread.
« on: May 18, 2016, 03:10:24 am »
You aren't invested in new money?  Word has it, the founder is a Vitalik Buterin/Steve Jobs type.  It is the new Apple and IBM of the blockchain.  He's learned that marketing the blockchain failed. The most telling was that guy's reaction when he found out he could sell brownie.pts.  Obviously he sold them, but he wasn't even aware there was a marketplace to sell them !  Epic.

You guys ( lil_jay890, gamey, btswild ) are well overboard with this... this is all part of a trend that I have come to appreciate very much. The trend is called

painfully-honest-project(/self)-naming.

That is to say that  at that very epic moment that you gamey described..it was sealed for solar-and-non-sense... he just named the project after the truth...
 "Solar found new money laying around" and it made so much sen$e... so the  "Solar New Money"


But he is not alone... other brutally-honest-naming examples include:

- OBITs for bitshares....(self explanatory)

-eSTEEM - bm has so much self-esteem, so much so it justified something as ridiculous as issuing 75% of the coins to himself and even adding 9x more coins for each coin someone dared to 'earn'...  full name: "BM's self eSTEEM."

-of course steem was developed in STEALTH of bts holders... I mean while MasterByte supposedly was working on STEALTH....
btw, during the same period, in STEALTH were also sold tens of millions of BTS by the core team...while the poor common bts holders believed something improving bts was being developed...

-and bm has the honesty to call himself reverseflash (you know how one flashes the toilet? The reverse flash is the opposite action) while working in STEALTH to satisfy and fairly pay himself in accordance with his self-eSTEEM.... the bts holders were reversed-flashed more or less.

-Open Ledger is so named of course to make it perfectly clear that their ledger is wide open...open as in open for a new ICO token  of theirs each and every month...

Conveniently not having a stakeholder VOTE on whether DaNS friend should be given 30 million bitshares and whether we should approve the merger.

26
Poker on the blockchain won't work with Graphene's three second transaction times. Maybe for simple casino games it would be fine, but there are literally several dozen moments of decision making for every 10 person poker hand and if every decision has to be broadcast then it is going to take an excessive amount of time to play poker for players that are accustomed to fast play. I am going to guess that the developed poker game offered by Peerplays is also not going to compare in looks, feel and game play as say a well developed platform like Pokerstars - and this will be a big turn off similar to the many other online poker sites that have launched and failed over the years. Furthermore, poker sites spend considerable resources for customer service, Peerplays won't have this will it?

27
General Discussion / Re: Move Bitsharestalk to Steemit?
« on: May 09, 2016, 06:21:38 pm »
Wow, those stats are indeed rather dismal and the trend is clear as day.
The stats look far worse than the truth in this case, because May stats are for a partial month. Re-evaluating with that correction, data doesn't look nearly as bad.
Multiple all May stats by 4 to estimate the whole month...still not good.

28
General Discussion / Re: Move Bitsharestalk to Steemit?
« on: May 09, 2016, 04:43:38 am »
Unfortunately for BitShares Talk the stats show it is dwindling down https://bitsharestalk.org/index.php?action=stats pretty quickly. Month over month there are less new posts, less page views, less new members, less new topics. Blame the marketcap, development standstill, getting Steem-rolled, more exciting crypto projects, lack of things to talk about, the merger, the unfulfilled plans, referral bonus being drastically reduced, or whatever, the fact is that there is just a handful of people who post here now - as soon as they realize that fact they will most likely consider moving on as well.


29
General Discussion / Re: BitShares first year history book
« on: May 04, 2016, 01:25:03 pm »
Bitsharesblog.com covered many of the events during that time and might be a useful resource as well.

30
What does Peerplays gets the rake mean? - are token holders part of that?

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