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Messages - oco101

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361
Stakeholder Proposals / Re: Vote for me :)
« on: August 26, 2014, 04:30:52 am »
I'm on board! Vote this guy in, folks. The best way for us to grow is by attracting top talent from other communities. Coinhoarder brings a wealth of experience and trust with him.

Agree +1

362
General Discussion / Re: How convenient for Ripple....
« on: August 26, 2014, 03:49:26 am »
I'm thinking this is a bug or something, if not resistance is futile.... they can do that so many times. Actually if it is not a bug, this is good publicity for Bitsharex. So what it will happen when we will pass up Ripple again they will have 200000000000 billions XRP ?? Lol this is fun.

no, it is legit:
https://www.ripplelabs.com/xrp-distribution/

let's not make unfair accusations

Fair enough !!! :) But the timing it is killing me ....

363
General Discussion / Re: How convenient for Ripple....
« on: August 26, 2014, 03:33:16 am »
That is not true, they did not make more ripples, it has to do with how Coinmarketcap calculates the market cap of Ripples. https://www.ripplelabs.com/xrp-distribution/

There has always been 100 billion Ripples, but Coinmarketcap doesn't count the ripples that Ripple Labs owns in the market cap on their web site. It seems ripple labs either distributed more of the ripples to users, or if you read the asterisk on the user's ownership it says:

*Total include business development agreements that are still pending.

It seems they probably made a "business development agreement". Whatever that means.. Technically, Ripple has a market cap of $487,000,000

Not that I'm a huge fan of Ripple.. but that's just how it is. :)

Thanks for clarifying. So the only question remaining is : Why now ?

364
Yup  good  point !! So  basically you are saying that delegates should use there funds to promote or reinvest in Bitshare X. This is something to be considered for sure !! What is the best way to help the system ?  But in the other hand having more dividends it more appealing to new users too. There should be some kind of balance in between I guess.
More user more money for delegates too. I like Clout approach tough, not having fee he was helping the whole system to be more  rewarding for everybody.
Don't forget to be a delegate is is a lot of work you need to make money out of it as any other business. Delegates need to cover there cost  for  servers  and time spent.

365
General Discussion / Re: How convenient for Ripple....
« on: August 26, 2014, 02:57:50 am »
I'm thinking this is a bug or something, if not resistance is futile.... they can do that so many times. Actually if it is not a bug, this is good publicity for Bitsharex. So what it will happen when we will pass up Ripple again they will have 200000000000 billions XRP ?? Lol this is fun.

366
General Discussion / Re: Stop Dumping please
« on: August 25, 2014, 05:31:46 pm »
fully agree with OP. Hold you pants, not worth dumping!
favdesu! Out of nowhere!

was just hiding in the shadows :)

Lol back from the shadows  !!!  welcome back :)

367
He says with his usual Christmas cheer.  lol.

They're buying because they're the smart money getting in early. They're not buying to lose.  Yes, market cap will go up and market cap will go down. Ultimately it's the long term value of BTSX that matters. 

But that's no reason to not celebrate this milestone - and the rest to come. Go hang with the NXT crowd if you're not in the mood, I'm poppin bottles with BitShares.

+1 .... Indeed

368
General Discussion / Re: Exactly one year ago...
« on: August 25, 2014, 02:43:42 am »
You guys have got me beat by quite a bit.  I didn't look into bitshares until mid February when I saw the spike on coinmarketcap as I was looking for something good to mine.  I didn't get into crypto to make money.  I got into it because it was a fun nerdy way to play with code and hardware, and I like the idea of competing with central banks.  Bitshares X didn't appeal to me when I first looked into it because I am not a trader (have still to this day never traded cash to crypto directly) and because I didn't understand its potential to do more than allow day traders to have fun.  Bitshares DNS and keyhotee intrigued me though.  This was a product I would actually use, and the first such product I had seen since bitcoin itself.  When I began to dig into the forums I found https://bitsharestalk.org/index.php?topic=2853.msg35523#msg35523 and that sold me.  When Dan talks about politics or economics it usually feels as if he has reached into my brain, taken my thoughts, organized them more efficiently than I do, and spoken them more clearly than I could.  I love the potential of DACs freeing us from the clutches of our overlords by making them irrelevant, or more appropriately showing the hoodwinked masses that they are irrelevant.  I am not above money, I am actually quite fond of it, but the real reason I am still here.  The reason I plan on sticking around is the potential I see in these technologies to improve the lives of all of us, by helping to get this monkey off of our backs.
+1 :)

369
General Discussion / Re: Stop Dumping please
« on: August 25, 2014, 02:37:39 am »
I'd say hodl!!!

370
done. No need to send me funds. Thanks

371
General Discussion / Re: "Bitshares - The Great Satan on the Blockchain"
« on: August 24, 2014, 12:04:27 am »
Hi, guys. I have come here to state that a lot of nxters don't support the point of view of those who posted that nonsense about great satan. I hope u will forgive them, they became upset when saw that Bitshares' market capitalization had jumped above Nxt's one.
+5

372
General Discussion / Re: How is BitUSD going to work?
« on: August 22, 2014, 05:55:54 pm »
no backing .. just pegging .. you can also called it a consensus that a bitUSD is worth a USD ..

basically the engine (market) honor those that trade towards the consensus .. thats it .. feedback loop keeps the bitUSD where it belongs .. to 1USD ... or close to (that's the experiment)

It's worth experimenting I guess.. I sort of see it similar to the USD going off the gold standard but still claiming it is..  I definitely feel like it's valuable will never be worth 1 USD, because clearly USD is worth more..

idk, I'm not going to touch it for a year or so.. if it stabilizes, awesome!
When USD went off the gold standard, it meant that is was not backed by gold. This is not the case with bitAsset and this is the beauty of it  they will always be backed as long as BTSX has value of corse . Now BTSX value is 55 millions $ so you have a lot of backing and this is only the beginning. 
Your gold is btsx, so you can look at it this way : your bitUSD will be backed by BTSX and the price will be pegged to a USD. As long btsx has value your bitAssets will be baked . Now the only question remaining is if the market peg will function as is it is supposed too. But even if it is not working there is a backup plan. 

373
25th of August 4:30 am GMT

374
Post it in Hacker news.

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