Quote from: Chuckone on October 06, 2014, 12:08:15 pm

Edit 1: Right now around 17.4BTC donated today, not that much IMO.

I'd like to disagree, that's more than AGS got on many days (in BTC, although that has tanked) and the day is only halfway through.

Yes, but AGS ran for 200 days (instead of 60). My judgment was based on that fact. Combine that to the fact BTS tanked, I don't think it's so bad.

Quote from: oco101 on October 05, 2014, 04:17:35 pm

So let say PeerTracks is closed down. The Notes will tank buy-backs will stop. But I could open a PeerTracks 2.0 and in the Bitshare Music blockchain I have all the information need it to continue normal operation, because I have all the information on artistcoin holder, Notes Holder and bitUSD holders. In fact if PeerTracks goes down people will still have ther bitUSD and they could still trade artistcoin, the only think that will stop will be the buy back mechanism witch will resume as soon as PeerTrack 2.0 is up and running.

Thats all true, but if you have to rely on a resurrected PeerTracks after a government takedown, then it seems like the DAC has a flawed business model and that PeerTracks would have been better off avoiding regulatory hurdles by not using a blockchain.

But then you wouldn't have an army of artistcoin holders to promote their favourite artist, and being incentivized to do so through the buy back mechanism. That's the other layer added on top of the song selling that require a blockchain. Yes, if Cob wanted to create a second iTunes with the same functionalities, then a blockchain is not required and certainly not wanted.

Wow, almost 2.3M$ worth of Nubits as per CMC. A volume of 1550BTC traded in the last 24 hours...

That's a large community of bag holders there.

Well, good for those who will cash out first.

So basically the tx fees would be adjusted to increase revenue, instead of using dilution to get funds for particular needs in the future?

I just have one concern regarding having the forum public to whoever wants to access.

Several groundbreaking ideas are brought up by brilliant forum members, ideas which are then at some point added to the "to do list" of the dev team. They do a terrific job, but they are humans and there's only 168 hours in one week. What I have in mind as Bitshares X (or any other DAC for that matter) being "open source" is basically developping the software, releasing it to the world and then let the others know about all the innovation contained in that release. But you still get the first mover advantage, because while the comptetition is trying to figure out the implications of what was released, the devs are already on to something else.

Having this forum open, several of the best ideas can be "copied" or modified and integrated on another platform even before the dev team is able to integrate them in the software. Then you lose your first mover advantage for that specific idea.

On the other hand though, it's all about which dev team is the most innovative and fastest to implement new ideas, and in that matter I really believe Bitshares has a solid lead over the competition.

Anyway, it wouldn't be a bad idea to consider having a "closed" section where the most innovative ideas could be discussed and debated without the competition spying on those ideas.

Quote from: jwiz168 on September 27, 2014, 11:27:19 pm

I maybe late on this one but tonyk was the MAIN man why cob reconsidered his stand on allocations of shares in Bitshares Music which was the 10% for each AGS/PTS holders. He has a firm grasp of what he is putting on the table.

I wish but I highly doubt that - Dan, Stan, Nikolai (Sorry if I missing someone) are the one that did the true work.

Yes, but you did voice the general concern regarding distribution more *convincingly* then the average user. That at least had some influence on the discussion with the I3 team. Keep it up!

I think this is a bad idea...
We should try to stay as far away from the word "Ponzi" as possible. I think this could easily be spun in a way to make it seem like bitshares is the ponzi scheme or it supports ponzi schemes or something like that.

Doing this will give detractors all the ammunition they need to spin this against Bitshares. In the public perception, even if it isn't true, it doesn't matter. What matters is what "appears" to be true and what they heard about it. And it's enough to cost serious credibility points to the Bitshares ecosystem.

What we need is an army of knowledgeable, up-to-date, patient, kind and open-minded people that would be on this forum around the clock (easier said than done) that could answer all the questions of the new comers. I know there's a wiki and other posts that probably answer all their potential questions, but sometimes people have very specific questions for which the answers have already been answered, but those answers are buried deep in the forum/wiki, and sometimes would require several hours of reading to get to it. Not very practical and new-user friendly.

And having the feeling of being welcomed is what is called in marketing "user experience". They will be back if they feel they have been answered properly and respected at the same time.