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Random Discussion / Re: I have lost faith inBTS completely
« on: March 21, 2015, 09:26:35 pm »Just because someone posted a negative opinion doesn't mean it doesn't add value. This kind of opinion should be taken seriously instead of sweeping it under the rug... Frankly I'm starting to agree with the OP. There is absolutely no utility for bitshares. We all thought we could issue equity with it, but have now realized it's a regulatory nightmare. We also thought that we would get a bitshares fiat gateway, but that is also a painful journey down the regulatory rabbit hole. Investors are realizing that these things can only be done by people with deep pockets and a tolerance for going to prison... Maybe someone will try it, but frankly I don't think it's worth the orange jump suit risk.
And another thing, everyone has such a hard on for bitUSD and MPAs. Why? I don't see how it's all that revolutionary... Yeah yeah I get how its backed by 3x collateral ot whatever, but that is suffocating and make shooting difficult and asymetricly risky compared to buying bitUSD. You can see all this buy the super low interest rates being offered by shorts over the last months and buy the dying market cap of bit assets.
Agree with lil_jay on this one. Basically nothing is going the way it was planned/promised. No stable client, no 1.0, no real marketing push, no secret sauce, no real VOTE features, no Overstock-equity integration, no fiat gateways, no debit card, no infomercials, no "funnels", the list goes on, and on, and on, and on.
That is why people are losing faith. Basically everything appears to have just been a bunch of smoke and mirrors so far. And it's important that this be expressed so the devs/community can know where improvements need to be made.
We have perhaps one of the greatest technological breakthroughs in the world here, but that won't amount to anything unless devs are able to actually keep their promises and meet deadlines to keep adoption from going extinct. Speaking of deadlines, what the hell is up with the Github 0.8.0 milestone? It's had those 3 final issues holding it back for like 2 weeks now (when it was originally 0.7.0), and is again past due by a day. Madness.
they promised version 1.0 ready on Christmas.... still 9 months to get this baby out
relax we have plenty of time
LOL i read a few times first quarter of 2015 !!!! ... if launch v1.0 go to christmas be sure we are not found the floor this days. and watch coin market cap and see more than 2.5k milions of bts its a little ballbreaking too....
just hold and buy more if you can to make your old bts cheaper. I have faith in dev team. no one step back!