So the idea that investors somehow could be hurt by a pump and dump doesn't make much sense. The only group of people who I could see who might get hurt are day traders who don't even think to find out what Bitshares is at all and who don't even download the client. These sorts of speculators can blame themselves for not learning what Bitshares is because if they understand what it is they could start speculating and day trading from within the client which is what we should want.

I don't even know where to start, so I'm not going to try hard. 

This is not productive for anyone.

Go look up zero sum game if you have no idea why someone could be hurt by a pump and dump.  (Although I am not sure markets are zero sum, I am under this impression at least)

You are going too much out of your way to be insulting and misrepresenting what I am saying.  Telling me I am confused, "finally numbers", etc.  Lol.  I don't think I did that to you, or at least i attempted to avoid as much. 

You write pages without specifics. You may not like my responses, but at least I read your posts.

Your problem is I believe that you actually use different definitions of things depending on what you are trying to accomplish. instead -  stick with trying to be better at conveying any ideas of merit you have.

For example, if I understand correctly, by your definitions you airdrop to people of note, but you form strategic alliances when you snapshot other's blockchains.  Just seems confusing and backwards to politely put it.

Anyway, keep working at getting the multipool on BTS.  I think it is a good idea.


edit -

This is a point which I expected to be obvious but I'll make it obvious. The Blackcoin community would benefit a lot from having BitAssets like BitUSD, BitBTC, and Bitshares in general.

It is obvious to me that BitAssets/Bitshares ecosystem would benefit all communities.  Why are you so stuck on Blackcoin ?  <scratches head>

The point is that Proof of Stake coins can only be marketed through virtual mining. That is the only way proven to work and Blackcoin is the first coin to successfully market a Proof of Stake coin and take on the Proof of Work titans. Blackcoin is in a position to threaten Litecoin now and it's Proof of Stake.

Blackcoin and Litecoin are fighting for the same demographics. They want the biggest investors, the most brilliant marketers, and the hashrate from the miners.

The reason Blackcoin is in a position to replace Litecoin is because Litecoin is about to transition into Scrypt ASICs. When this happens the advantage goes to Blackcoin who will now become the favorite among miners as Litecoin starts to develop it's mining cartel.

So I would not be surprised if we see Blackcoin going for $2-3 this year whether it goes through pump and dump cycles to reach it or not. I would like Bitshares to be up there along with Blackcoin in the #2 or #3 spot, but this is never going to be possible if we aren't measuring success based on market cap, daily volume, and other methods.

If you're measuring success on the technical merit of the Bitshares DPOS then I can say that Bitshares is technologically the most sophisticated and probably the best out there. But I measure success not just on technical merit but also on market cap, daily volume, and other factors.

If I judge by the success of Protoshares then I can say that while Protoshares held it's own with little to no grassroots marketing it never threatened Litecoin, it got dogged by Dogecoin, etc. Additionally most of us are already invested so unless we are planning on buying a whole of Bitshares all summer we are going to have to create buy support else you can expect a summer of low prices as people dump their Bitshares which they got for pennies each.

Proof of Stake coins can only be marketed through virtual mining?  How so ?

Every coin is fighting for that same demographic.

Blackcoin is not the first POS stake coin to be successfully marketed.  You missed NXT and Peercoin.

The reason Blackcoin is in a position to replace Litecoin is because Litecoin is about to transition into Scrypt ASICs. When this happens the advantage goes to Blackcoin who will now become the favorite among miners as Litecoin starts to develop it's mining cartel.

This argument could be said for a lot of coins.  I am pretty sure you are wrong about blackcoin (which you can't mine), becoming the favorite among miners.   The size of the blackcoin pool is still  small relatively speaking.  Other similar pools with similar purposes don't even touch blackcoinpool's size. You should also point out the altcoin paying multipools that are so small to not even have a measurable effect on the coin's marketcap.  Look at hashrate.org.  Why doesn't it work ?

No one here is against marketing/pumping.  I just don't understand why you think Blackcoin is a hive if marketing geniuses.  I don't understand what we can we get from "strategic partnerships" with them?  A pool that pays out 50/50 bc/bts ?  Well go talk to the guy who runs blackcoinpool and ask him what he'd charge for such a thing ?

 If you could price BTS really low, then sell it off to the right people, then maybe we could emulate Blackcoin because the right people would have incentives.  That isn't going to happen, so I just don't get why blackcoin.  Yes, they've grown.  Yes, we need to grow.

Instead of writing pages of this stuff where you give us questionable cause/effect, I would suggest heading to twitter and other forum's and pumping BTS.   IMO thats the only "genius" going on beyond that 1 week mining which created a shallow distribution.

I've suggested before that I3 makes a fund for people to go out there and support BTS.  People need incentives to do this.  Those incentives work better with shallow distributions if you want it to happen organically.  Otherwise people need other incentives....

I also don't understand "strategic partnerships" with blackcoin.  I do understand taking their best ideas and mulling them over to see if they fit.  A BTS paying pool is not a bad idea in any way, but thats not a strategic partnership.

In another thread, 4 people back to back questioned what was special about blackcoin.  No one questions whether emulating their multipool is a bad thing.  If you'd just stick with that, everyone would agree with you.  Instead you talk of "marketing geniuses" and "strategic partnerships" and I suspect a lot of us just sit back scratching our heads.

Read the latest blog posting from the Blackcoin developers.

Legion Development Group
Excerpt

Quote

http://blackcoinpool.com/news/an-update-from-the-dev-team/
We have spoken with many crypto industry people, and everyone is very excited about the pool and the BlackCoin experiment. We are talking with industry leaders and are considering partnerships that would benefit our community and give us an additional competitive edge against other multipools.

We have also learned our lessons from the mayhem of this weekend, and have realized that we need a solution to mitigate or at least make it less lucrative for whales to dump.

Over the next few iterations we will be introducing the Alpha stages of our BlackCoin whale dumping mitigation strategy.

Soon it will be possible to donate a portion of your shares towards the Black Shield Defense fund. This is an address that we will publicly available and can be monitored through the blockchain. It's purpose is to erect buy walls on a predetermined exchange, the buy walls will be publicly listed, and can be seen by everyone.

These guys are brilliant. I don't think the success is an accident. The Bitshares community should learn from this and I can't wait to see a Bitsharespool.org site.

Brilliant in that wolong sort of way ? 

Why would you donate your money so that the "whales" can dump and get maximum value via the "buy wall" ?  Very centralized. 

You despise the BTC community so much, but I have yet to see what is special about blackcoin.  Critical pump levels ?

The mining of POS coins is now done by other pools.  Blackcoinpool has done the best job of that, but how can you separate the effects of everything else from the pool ?  Maybe success of the pool was driven by the success of the pumps ?  What else has blackcoin done besides pump their coin?  What innovation do they have ? 

There is actually a good deal of overlap between the Occupy movement and the Tea Party.  This shared sentiment dovetails into themes of decentralization IMO.

Any idea why I cant get to the web address?


Sent from my iPhone using Tapatalk

It requires that you download the mumble program.  It is not a web/html service.

If this doesn't help, you need to tell us what address isn't working.

There are a lot of ideas being floated that are being called airdrops.  I assume airdrop is an analogy to leaflets being dropped over an area.  An even distribution.  Then on bitshares.org the term was used with blockchains.

Now you guys talk about other things which no longer seem to even fit the analogy of airdrop.  This creates problems because the discussion of the merits of the blockchain airdrop are lost and it isn't even at odds with other suggested marketing ploys.  You're muddying the discussion and it doesn't help the 2 things to be discussed in a productive manner.

Personally, I'd like to see a group of guys who are passionate and read a lot of crypto-currency media (reddit..  everything)  and are willing to take the side of Bitshares.  I'd like to see someone who is in charge of a small pool of money to tip these people.  I see the competitor mentioned all too often and no Bitshares in sight.  This seems like it could be fixed and cheaply by finding the right guys in the community.

It is up for me.