looks like he dumped all his bts as well...

I think a key difference is that they and the market are clear on what industry they will dominate in 'The New (Decentralized) World.'

Ethereum     - Decentralized Apps
MaidSafe     - Decentralized Data
Bitcoin          - Decentralized Gold   
Augur           - Decentralized PM (Gambling)     
BitShares    - Decentralized Bank & Exchange

This type of graphic is found on almost every Alt-coin forum... except subtract bitshares and insert other alt-coin.  I was just perusing the nxt forum and saw a very similar graphic.  It just shows that most people know what the top coins will be, but have some false hope that their alt fits in with them.

Calling this a bond market is misleading...  It doesn't have any of the charactertics of a bond.

There's no call date and no coupon.  Also the collateralization of this doesn't fit the description of a traditional bond market.

To properly do a bond market, there needs to be some sort of reputation system in place so that investors can evaluate risk.  Lending to an anonymous person you no nothing about is a non-starter.

Thanks

That "stable income" is however not going to bring much value to BitShares ..

Congrats on getting a job.

I don't quite get why you are posting all this stuff though... As far as I can tell all your workers got voted in and you set the pay.  If you wanted more pay, why didn't you ask for more?  You kind of sound like the guy who quits or gets fired and says "That company is screwed without me, I'm irreplaceable!" . Life does go on and so will bitshares.  Whether your working for it or not.

Another question to ask is why CNX, who charges market rates for even minor bug fixes, is doing this for free?

It would be better to discover the motive now, instead of 3 months after the hardfork while everyone is pissed.

Quote from: lil_jay890 on February 19, 2016, 03:07:42 pm

Mumble is still asking for a certificate and rejecting entry into the room... 2nd week in a row mumble isn't working for me and I'm guessing many others... glad to see this is being back burnered even after it messed up the Roger Ver hangout.

Users need certificates instead of passwords according to the wiki, have you tried making a new account or using it as a new user? Maybe it's something wrong with your certificate and if you enter as a different user you can get it right

https://wiki.mumble.info/wiki/Mumble_Certificates

Thanks Akado, I didn't know that changed.

I ended up having to go into the plumble settings and generated a new certificate.  That seemed to work.

irrespective of if its back or not we should know why this happened and we should find ways this not to happen again and have alternatives..this is one of our competitive advantage vs. external exchanges that no matter how many people trade or if the external exchanges are DDOS, the bts DEX always work!

Openledger is run on a centralized server controlled by ccedk. From what I hear they have been having overheating issues. There was nothing wrong with the actual bts dex.  Openledger is just a website that hosts a wallet that accesses the dex.  Run the light wallet and you don't have to worry about what is happening at OL.

Quote from: lil_jay890 on February 16, 2016, 04:57:32 pm

Quote from: noisy on February 16, 2016, 04:37:33 pm

prices of the cryptocoins by nature are very volatile. This is the reason why we should use stable bitAssets as payment for workers: https://bitsharestalk.org/index.php/topic,21449.msg278949.html#msg278949

Every worker should get exactly this amount of money which he need to provide a good service. For USA citizen this will be X bitUSD, for Chinese citizen this will be Y bitCNY.

The reserve fund needs to hold an assortment of bitassets.  It reduces the reserve fund risk and allows developers to be paid in their preferred currency.  It also promotes the entire BTS ecosystem, instead of just the bts token.

The reserve fund should act like sovereign wealth fund.  Constantly rebalancing it's holdings.  For starters, the reserve fund should hold 70% bts and split the other 30% between bitUSD, bitCNY, bitEUR bitBTC and bitGLD.  This would promote 5 bts currencies and improve liquidity while attracting dev's who may not want to get paid in a constantly fluctuating asset.  Fluctuating assets are nightmares to report for taxes.

You mean dump 30% of reserve fund to the market? It's about 300M. I don't even believe there are so many bit assets exist.

I never said dump... If a sovereign wealth fund wants to change allocations, they don't go and buy or sell the entire position over the next trading period.  It's is done over a period of months in order to make the transition smooth and not generate weird price distortions.

Right now the reserve fund is in an extremely risky scenario. Remember, apple doesn't hold its reserves in apple stocks. Governments don't hold all their reserves in their national bonds.  It's prudent to diversify, not to mention promotion of the bts ecosystem.