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Messages - AdamBLevine

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76
Because they have been accepting PTS for AGS and buying AGS with their own funds since day one.  Their employees are not only paid in PTS but are known to reinvest them in AGS.

The token is their primary monetization, I don't have specific information but doing some calculations in my head I think that's the ballpark, which is why I'm asking.

Don't make it sound like my own AGS are somehow I3's - same goes for anyone else getting paid by I3. My *personal* policy will be, "whatever I feel like".

As far as I understand I3 does not own any AGS, only PTS, and so the only BTSX they own is from the ~250k PTS, or about 10%.

I voted "Commit to not selling until the market is deeper".

I'm not making it sound like that, but you've got to admit that your interests are aligned with Invictus and they are large holders.  I consider "they" to be Larimer & Co, and while they only have 5% of the BTsx through AGS, they're personally heavily invested in the token as well.

With LTBc I am a large holder, I started with like 2% of the money supply personally in my posession for work I'd done the prior year and managing the distribution of another 50%, so I voluntarily stated that I would not sell any LTBc from my personal holdings until the market is substantially deeper than these early days.

Nobody really cared that I did it, but I thought it was important so that people wouldn't feel like I could flood the market at any moment.  It's not about what technically is possible, its just a question of what standards Invictus wants to set if any.  Not having a policy is also a policy, I just would like to understand it instead of guessing.

77
Guys, I didn't say any of this was bad or evil.  I asked if Invictus had a policy because I was not aware of it, and it seems like their employees, their angelshare funds, and their founders investments probably are a large proportion of the total out there.

I also did not say my guess was accurate, that's why I said it was a guess and asked for clarification which did not come.  Instead I got the forum defense squad calling me out for... what?  Darn me for trying to get clarity on a clearly totally obscure and impactful issue.

I didn't even vote lol

78
General Discussion / Re: Kevin Harrington and St. Martin
« on: July 31, 2014, 06:59:33 pm »
Right, I guess my question is given Brian made his first presentation today on the 5th wave of decentralization, and just had a very positive first meeting - is there any progress or projects to report that aren't new today?  Any work over the past few months, or results generated?   

The original post in this thread feels like it's trying to imply causation for things it doesn't seem to be connected to like the price movement and the fact that it was mentioned in a few articles.  I've been talking to lots of people about Bitshares including journalists who then go on to talk about it because it's interesting, but I'm just some schlub - Did you actually work with those authors to get Bitshares mentioned or are you just also noting that elsewhere in the ecosystem this happened?

So schmoozing whales is fine if that is the role Brian is filling, but usually theres a LOT more to than just showing up at a meeting and pitching.  I've never really understood the role Brian fills.  I assumed he would be an advocate for the community, but that seems obviously to not have happened.  its great he's done some videos, but I still am at a loss of why Bytemaster is being put out edited for fancyness (music and titles) but unedited for content so he looks like an amateur when he stutters or repeats himself a bunch of times.    I thought maybe Brian would be the face able to be the voice of bitshares for the everyman, who could ask the obvious questions and then help them understand the logical answer.  Essentially an interpreter for Daniel who is a bit too technical, not a great speaker and too engineery for "normals".

But that didnt happen either.


So I really really really am not trying to be a dick here, I want to understand what Brian actually does because I don't see it and Director of Marketing seems like it should have obvious, public results.   Where are they?

79
General Discussion / Re: Kevin Harrington and St. Martin
« on: July 31, 2014, 03:20:07 pm »
Hey guys. We just had an incredible dinner meeting with Kevin Harrington of Shark Tank fame (as well as a dozen other equally successful business leaders and high net worth individuals from around the globe).  He's a fricking rockstar in business and very interested in what BitShares is doing.  We'll be spending all day with him tomorrow to see what may be possible.   

Dan absolutley got everyone here buzzing about BitShares, I did my first presentation on the Fifth Wave of Decentralization, we were mentioned in the Wired Magazine article today and on a recent TED talk as well.  Half the attendees purchased BitSharesX (if you noticed the 20% bump this morning- that was these guys). Great things in store for all of us....   B

- check faceboook for updates and photos.

Hey Brian,
what do you view as your role in the ecosystem?  What are your job responsibilities?

80
Because they have been accepting PTS for AGS and buying AGS with their own funds since day one.  Their employees are not only paid in PTS but are known to reinvest them in AGS.

The token is their primary monetization, I don't have specific information but doing some calculations in my head I think that's the ballpark, which is why I'm asking.

81
If I'm not mistaken Invictus has the largest single and composite holdings between their members and AGS, is there any policy on holding? selling? any sort of restrictions or disclosures you intend to make or require?

Am I right in thinking you control more than 40% of the total supply?

82
General Discussion / Re: What's with the massive dump on BTER?
« on: July 27, 2014, 10:38:34 pm »
I've been expecting the price to go as low as .00000999  I'm honestly surprised there isn't more of a impact on the price given how many people were stuck for so long and how little awareness there is about the launch of bitsharesx in the english language.

I believe we have everything in place for BitAssets (BitUSD) to launch... just need week for the test net and then get delegates to update their code to match and we will be good to go.   While the backend is being tested the trading interface GUI should be complete which will give us a complete product to advertise / push starting in September.   Right now is too premature for launching a major marketing campaign.  It may help the the price in the short term, but in the long term we are better off marketing a complete product rather than another alt-coin with a hope of a better future.

I'm not arguing for a marketing campaign, I'm saying I'm suprised that the price has not dipped lower because there isn't one.  It's not a criticism.

83
General Discussion / Re: What's with the massive dump on BTER?
« on: July 27, 2014, 08:26:51 pm »
I've been expecting the price to go as low as .00000999  I'm honestly surprised there isn't more of a impact on the price given how many people were stuck for so long and how little awareness there is about the launch of bitsharesx in the english language.

84
You guys don't get it :)  Daniel simplifies to say mining = burning money but does not recognize that it is not percieved as such.  If you could achieve same-mining-power-per-person at no percieved additional cost to the person, you give them a way to become a part of it (a stakeholder) without requiring them to go through the same mental calculus as whether they need to decide to buy or even worse, invest in something.

I made this argument loudly in december and january when this was re-allocated from 10% to PTS holders to 50% to PTS holders and 50% to AGS holders, leaving none remaining for those interested and available with time but not able to devote money up front to becoming part of it.

But yeah you should totally call people POW fanboys lol, that's what's going on here.

85
Well, I won't be voting for any delegate that publishes a "slate" of other delegates to vote for.  Delegates should be campaigning for the approval of shareholders not campaigning for the approval of a cabal of other delegates who all add each other to their slates.

I encourage any shareholder that cares about this stuff for the long term to take the same stance.

Cabals are going to happen with or without slates.

I can see by including this function, it might quickly encourage someone to provide a slate "service".  Someone who does thorough research into delegates and has strict standards of accountability/transparency.  concentrating the effort to find the best, most reliable parties to be made delegates into 1 person/group so that we, lazy users, don't need to bother with it.  Because most of us won't anyway.  It leaves the average user who's even slightly interested in voting with a much smaller burden of inspecting a hand-full of slate servicers, rather than a countless myriad of delegates.  Of course, for those of us who wish to do the research ourselves are free to do so, and might even lean on these slate servicers to help pick and choose our own delegates who are up to our standards/interests.

I don't see how not having slates prevents people from forming their own manual slates anyway if that's what they want/serves their interest.

I would rather say, I won't be supporting a slate/slate provider that's full of members all representing a cabal.  I'm interested in seeing a slate that's highly diverse representing a wide variety of groups from all over the globe with a diverse representation of interests.  All of which can be tracked and varified.  It will be up to these slate servicers to provide a clear, thorough, and professional representation of proposed delegates to earn my trust in using that slate or some protion of it.

Yup.

86
So long as the incumbents can't insulate themselves, I like the idea. 

I wrote about a proposed system I called Politik that is essentially delegated democracy
http://letstalkbitcoin.com/blog/post/http-labshumintis-politik-

87
Can't wait to listen  :D

BTW, the poll should have a third option, the always capitalized "HODLING"

Just for you ;)

88
and thankfully I don't have to do any of the technical stuff, I can just lend my reputation and do stuff.

Both my delegates are set up as 100% pay, so what I was thinking we'd do is pay toast 10% for upkeep and 5% for his time, and use the rest as prizes/giveaways for some of our upcoming gameshows on the LTB network.  I was primarily going to be using LTBcoin, but if I have a "free" source of BTSX, it makes sense to me to reinvest it back into my platform.
That means you pay people that win games with BTS X?

Some games, yes.  We have a few shows coming up that incorporate giveaways or prizes.

89
Yeah we're at 5% on both delegates, is that helpful?  I thought we maxed out at 1% lol

Looks like delegate number one has already produced ten blocks, what is the lag time on the delegate pay?  weekly? daily? monthly?

I think it is almost instant...
You can claim your bitshares from your PAY BALANCE when ever you want using the command

wallet_delegate_withdraw_pay

wallet_withdraw_delegate_pay <delegate_name> <to_account_name> <amount_to_withdraw> <memo>

you have already collected about 35 BTSX  on each of your account's a TOTAL of 70 BTSX  ;)

Toast is managing the delegates specifically, just figuring out when I need to worry about allocating them.

90
General Discussion / Re: Increasing Fees for Non Voting Transactions
« on: July 22, 2014, 10:32:24 pm »
I will support this idea on one condition

MAKE IT EASY TO VOTE

the urls aren't really good enough, you need to have the ability to designate in the GUI who you want to vote for, and right now I don't think you can do that.

The tech seems pretty great but the UI is important, people need to understand the tools in order to use them.

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