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Messages - lil_jay890

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316
General Discussion / Re: It's time to lower worker's salary because BTS is up.
« 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.

317
General Discussion / Re: Ethereum price discussion
« on: February 16, 2016, 02:21:36 pm »
Here's my guess why Ethereum attracts so much attention... based on the idiotness of crypto traders

"Ethereum" sounds much more badass and techy than "bitshares"

"Vitalik Buterin" sounds much more mysterious and cool than "Danny Larimer"

Just my "Judge a book by it's cover" evalutation.  If your going to invest in a crypto, you might as well buy the coolest sounding one so you can sound extra cool when explaining it to your hip millennial friends at your local sodosopa.

318
Random Discussion / Re: Monero
« on: February 16, 2016, 12:41:12 pm »
Quote from: tonyk on February 16, 2016, 05:36:59 am
Quote from: Ander on February 16, 2016, 05:22:10 am
Tonyk, you want to post a new monero chart and circle the green candles this time? :P

I am no big believer in falling (or flying ??) knifes.

If this babe goes to a steady rapid rise I will, though!

I think there is a saying out there... Something about a blind squirrel.

Anyways congrats on Ander. Maybe the curse has been broken

319
General Discussion / Re: [ATTENTION] STEALTH will come on 18th Feb?
« on: February 15, 2016, 08:33:49 pm »
maybe I'm missing something... why is it important to inform exchanges about stealth?  Is it just important to inform them of any hardfork?  If they are not informed, will this prevent them from making BTS transfers?

320
General Discussion / Re: Dividend feature
« on: February 15, 2016, 05:11:35 pm »
Quote from: kenCode on February 15, 2016, 04:02:22 pm
Quote from: BTSdac on February 15, 2016, 03:20:12 pm
Dividend feature

Features:
Pay a dividend ...
Code: [Select]

...
        "describtion": "testing",
...
Code is here:
https://github.com/pureland/bitshares-2/commits/bitshares

WOOOOHOOOO!! :)  +5% +5% +5% +5% +5%
side note: i think a spelling error above.. description (not describtion)
 
GREAT WORK BTSdac! :)

A dividend is something I would like to see for tokens like OPENPOS and OBITS instead of a buyback.  Ken, would this be possible for you to implement on OPENPOS if the feature becomes available?

321
General Discussion / Re: voting of refund400k from 50M to 1.48M, so I delete my old post
« on: February 15, 2016, 04:51:17 pm »
Markets love stability... that's one of the biggest reasons you see stock market gains when there is gridlock in Washington.  Gridlock = Stability, which gives everyone time to understand the rules and design systems around those rules.

BTS changes the rules and parameters so fast because the market cap isn't increasing, that it makes my head spin.  I'm not saying these changes are bad, and the best time to make changes is when valuation is low.  Hopefully we can find some sort of stability here in the next couple months, but with BM's track record (MAS, this new rate limited transaction thing, referral program restructuring) I doubt stability is coming this year.

Not to mention Crypto traders are idiot pump chasers... 90% don't care about what they are invested in as long as it keeps going up.  They just want to get rich quick and cash out to fiat.

322
General Discussion / Re: [ATTENTION] STEALTH will come on 18th Feb?
« on: February 15, 2016, 03:02:14 pm »
Quote from: xeroc on February 15, 2016, 02:57:02 pm
The hardfork has been approved via voting of the STEALTH worker.
Anyone wanting to read into FBA, can already do so from the graphene/develop code. AFAIK most of FBA and STEALTH (mostly API calls) are already there

Is this the code kept in github?  Is this also in the help section of the wallet?  Do you have a link?

323
General Discussion / Re: [ATTENTION] STEALTH will come on 18th Feb?
« on: February 15, 2016, 02:44:44 pm »
Quote from: Akado on February 15, 2016, 02:07:00 pm
I think it is supposed to be ready by the 18th. If it is, it doesn't mean we need to fork it asap, let it be ready and once we have talked with everyone, it's done. I recall BM mentioning one of the devs was to schedule the hardfork however atm I dont remember if it is already decided to be on the 18th or if everything is ready on the 18th but it will be forked later.

Either way what matters is it's ready, then we can wait and plan the fork accordingly so it shouldn't be a problem.

He said the hardfork will be this thursday.

324
General Discussion / Re: voting of refund400k from 50M to 1.48M, so I delete my old post
« on: February 15, 2016, 12:40:20 pm »
Quote from: infovortice2013 on February 15, 2016, 12:12:55 pm
NO Fear, FULL faith

when stuff is ready we the bts comunitty should give bts his first push

its so easy if each of us take 5 family members in, next week go for 5 friends and the next week go for 5 bussines.

yeah its a interest conflict, comunity never ever take BTS .... why must they promote ? if coders without delegate no code, why the fuck comunitty must do nothing without delegate ?

Bts is still way too speculative, volatile, and expensive to get into.  Ive told family members about spec investments before and found out that if thing don't go right, it really puts a lot of stress and awkwardness on the relationship.

My advise, get rich yourself and then give to your family. Don't have them risk their money, because the consequences of it not working out is far worse than the reward of a success.

325
General Discussion / Re: Roger Ver Bonus Hangout: (SILVERTICKET Entry Fee)
« on: February 14, 2016, 06:45:42 pm »
The mumble problem was posted on Friday in the mumble forum thread...  kind of surprised something that prevented many users from actually using mumble wasn't tested or addressed prior to this higher profile hangout.   You only get one chance to make a first impression.

326
Random Discussion / Re: Monero
« on: February 13, 2016, 01:45:50 pm »
Here folks we are experiencing one of cryptos greatest wonders,  the Ander pump...

Legend has it that whenever this scholar promoted an early crypto currency, a curse was put on it that retarded all market cap growth. In most cases, the cursed currency became a mere shell of itself, never surpassing its pre pump high...

Historians are still debating the death of what some call the anti predictor. But it's commonly accepted that he was run over by a bus of a developer of a coin he pumped that inherently failed.  Though his passing was sad, crypto innovation began to bloom once the fear of the death pump was gone.


327
General Discussion / Re: Any reason for the price pop of Bitshares today?
« on: February 12, 2016, 06:32:23 pm »
Because we're the shit and only assholes don't HODL

328
General Discussion / Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
« on: February 12, 2016, 04:34:06 pm »
Never was able to log in... hopefully someone recorded it

329
General Discussion / Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
« on: February 12, 2016, 03:04:59 pm »
Mumble is saying host is refusing connection... anyone else getting this?

330
General Discussion / Re: Ethereum price discussion
« on: February 11, 2016, 11:59:40 pm »
Remember when I said crypto traders are idiots... Ethereum is a prime example.  People who are buying it now are just buying it because it's going up, they have know idea what it's even about.  Crypto traders talk about being part of a "financial revolution" and replacing fiat money, but 99% only care about being on the next pump and cashing back out to fiat.

This move is sucking in so many chasers it's going to be extra painful to watch when the bubble bursts.  Hopefully the money will stay in crypto and move to some more promising projects.  I have a feeling when it does burst... a lot of the new money will just leave the entire ecosystem.

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