With BitShares, even if we are no anonymous, we can set a multi permission layer on an account and have  the peace of mind that our funds are safely guarded by more than one laptop at home with a password. That's cool ! But who here have just and only BTS in his portfolio ?

Let's not forget criminality exists. Why steal someone who has a vault at home without knowing what is in it when you can steal anyone who has crypto currencies.

Let's imagine the crypto currencies keep on going up. In a year or two, it wouldn't be complicated just by reading this forum to know who is a good target.

I had the oportunity to have a cheap laptop and I want to configure it so I can use it as a multi wallet station.

I'm not rich (yet) but if the cryptocurrencies keeps going up, I will feel unconfortable by the idea of having more than a couple hundreds € at home.

I didn't use linux a lot and I don't feel I understand enough of it to have several wallets there.

So my plan is to install windows 7 (collecting much less info that win 8 or 10)

Disable almost anything on the laptop that can give up information.

Maybe use a VPN when I deal with my wallets.

Only use ethernet cable, no wifi.

Install my few wallets.

That would be some sort of cold storage system.
I could even let the computer in another place that my own house so it would be perfectly safe, the passwords in my head and the laptop in another place.

This post could certainly be very positive for a lot of us that probably don't use enough anonymity and security playing with crypto currencies.

For the ones who would recommend linux, I guess that if you are good with this environment you are techy enough to set it up by yourself. I'm looking for a solution that anyone can set up on an old laptop with windows.

Any suggestion or ideas are very welcome.

How would you set your system so you are peacefully at home knowing that BTS is worth 0.10$ and you made X40 ROI on your ICO of LISK ?

 

My answer...

BTS changed the supply rules and stopped focusing on developing the optimal SmartCoin product in favour of a range of other features.

This was the vision that created a speculative $100 million + valuation at one point for BTSX by itself...

Quote from: bytemaster on December 28, 2013, 06:48:58 am

BitShares is a revolutionary new bank and exchange that could rival the value of the largest banks in the world such as JP Morgan and Bank of America in just a few years. How could this new upstart grow so quickly?  BitShares offers a bank account that earns 5% interest where funds can be transferred in minutes anywhere in the world with more privacy and security than a Swiss bank account.  Your account can never be frozen, your funds cannot be seized, and the bank can never face collapse due to loan defaults or fraud.  All of this is made possible without requiring any employees, lawyers, regulatory compliance, vaults, buildings, and other infrastructure required by traditional banks.  Unlike existing banks, you can hold your balance denominated in gold, silver, oil, or other commodities in additional to national currencies.

https://bitsharestalk.org/index.php/topic,12.msg18927.html#msg18927

Now that the merger is coming to an end and the current supply rules have been firmly in place, the market may once again start to view BTS as a crypto-currency that won't be diluted/merged at the whims of CNX/Other. By adding liquidity subsidies, potentially tweaking some parameters and even having a yield promotion, BTS can still rapidly deliver that vision.

A good case study is ING Direct, which started in 1997, doing away with traditional branches & which rapidly attracted millions of customers and billions in deposits.

Quote

Kuhlmann founded ING Direct Canada in 1996.[4] ... and led its growth to become the largest savings bank and number one direct bank in the United States, with more than $90B in deposits and 7.8M customers

https://en.wikipedia.org/wiki/Arkadi_Kuhlmann

That same entrepreneur started Zenbanx in 2015, https://www.zenbanx.com/ , which I referenced in another thread which has a lot of features & approaches BTS could potentially emulate https://bitsharestalk.org/index.php/topic,22656.msg294661.html#msg294661

I'm well aware of these problems and I share your analysis.

Take a look a the article and you'll see that the purpose of the article is to  try to change the negative perception on BitShares by the cryptocurrency communities. There is a little of everything : great tech, news features coming soon, OL, OpenPOS, … investment opportunity, hope, …

It contains exactly the kind of information that would make me change my mind about BitShares if I would have a bad perception of it. That’s the main purpose of the article.

A little bit of awarness and understanding around BitShares meanwhile November is coming ;p

Our dev depends on our market capitalisation ... we can't be happy our current situation nor we can wait for november to start evovling again.

Hey guys,

I wanted to do something about the bad perception and negativeness around BitShares. 
I wrote this article to try to change it.

Please upvote and share it.

Let's try to get this article read by (A LOT OF) people outside of BitShares.
It's a small step towards better understanding of BitShares. Let's make it count ;p

Cheers and enjoy !

BTS talk forum don't let me past the link.

If someone knows how to do it, please explain to me, I'll change the link.

Here is the link : https://steemit.com/bitcny/@EstefanTT/why-bitshares-is-not-already-worth-1-billion-dollar-

You can copy-past in your browser ( sorry )

Edit : If you don't want to copy past the link you can go go down and click on the link Tuck Fehman provides in his answers.

Fees can be raised when we start having a decent amount of volume. Now we are trying to gain traction, not a good time IMO to have higher Tx fee than other cryptos. The reserve pool is deep and november will help slower dilution

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We would just have to create a long list of everything we dream of and decide by priority to arrange them in the list. Then, the more money we have the more features we can add.

Metatrader API, new GUI and other cool thing we don't expect until a long time.

The main thing is find a way to explain how the FBA can be very valuable for someone buying in the ICO. The % of fees ... forever unless someone want to sell their FBA and probably get their money back (or more). Explain that with all theses new features, BitShares will compete with the big players and the FBA is a way to invest in this very crucial step and have a income from several features on BitShares and bla bla bla ...
I think the effect would be double. People finding this ICO would invest not only in the ICO but also in BTS. It makes more sense. So BTS should rise if the ICO is a success.
So the ICO should also describe how far we are at the moment and the capabilities of BTS as it is now.

FBA have been created exactely for that purpose, let's get the more of it !

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Maybe I missunderstood how FBA works. I had in mind that when you own an FBA you have a % of each Tx fee from the feature you paid for.

As an example, if someone would fund stealth, he would benefit from each Tx fee on stealth transfer (ex : 20% for BTS / 80% for him )Besides having his FBA worth its speculative value from the market and beeing able to sell it anytime.

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(I didn't see this thread when it came out)

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We can clearly see how big is compumatrix and how their members are not connected to the older members and the exchanges. They are a separated community on their own.

I would love to have a guy from compumatrix setting up a thread so they can start to communicate with us.



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