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Messages - hpenvy2

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16
"Abine has confirmed that it has plans to open up the service to other wallet holders in the future. "We want to give users the choice to fund their accounts and payments in a way that is most convenient for them", the CTO concluded. "

http://www.coindesk.com/masked-card-lets-online-shoppers-pay-anywhere-bitcoin/

It works through Coinbase.  With the recent comment from Coinbase CEO that alts are a distraction, I don't see much of a possibility.

17
General Discussion / Re: Light wallet PC
« on: March 04, 2015, 05:13:58 am »

So maybe i am getting confused with the terminology here, but i thought there were 3 different wallets in development - the web wallet which i see is released, the lighter client for people with under powered computers (which i think is the .zip you pointed me to) and then a phone client.

Is there any news on the phone app? I remember someone from argentina working on this a while ago.

Mobile

https://bitsharestalk.org/index.php?topic=11902.msg188863#msg188863

18

I think this is great, but I dont understand all the secrecy surrounding this. Maybe you cant share everything, but i think the vast majority of the details should be available for debate in this public forum.

We have a tendency to talk more than the Golden Girls on this forum.  I like the fact that Gentso is taking action and willing to discuss implementation if serious investors are willing to back it.

19
Its a bit of a chicken-egg scenario.
We need merchants to accept it to make it useful.
Merchants will only start accepting when it has a critical mass.

I clearly see the benefits of bitAssets. But if I get myself some bitUSD, what am I going to do with it?
The technology needs to be paired with some kind of utility.

I don't buy into the whole mass market merchant angle as a viable strategy in the near future.  As a merchant, I can sign up for Bitpay and have the amount immediately converted to Fiat and dumped into my bank account. The immediate use cases I see for BitUSD is more niche:

* Eliminating dark market volatility
* High risk merchants such as the adult industry where credit card fees are ridiculous
* A way for Bitcoiners a chance to move a portion of their holdings to a savings account that pays interest (hedgewallet)
  +5%
I completely agree with the niche market opportunities you have pointed out here.
Dont you think that consumers would benefit from using a more stable cryptocurrency than Bitcoin (to put it in an odd way, what do you think would gain more traction in the market for merchants and consumers, BTS or bitUSD).
For merchants the charges and spreads (not sure how their model works) when using bitPay could be avoided.

Customer education is extremely expensive. It's easy for people like us to see the benefits of BitUSD over Bitcoin for daily transactions, it's a very different story when we start venturing out of the crypto believers. The use cases I outlined above targets markets that are ready to hear our message. If we attach to something like Gocoin, mass distribution becomes a very different story.  Now they have an easy on/off ramp with fiat backed by a company able to provide direct customer service when something breaks. 

I would love to proven wrong on adoption.

20
Its a bit of a chicken-egg scenario.
We need merchants to accept it to make it useful.
Merchants will only start accepting when it has a critical mass.

I clearly see the benefits of bitAssets. But if I get myself some bitUSD, what am I going to do with it?
The technology needs to be paired with some kind of utility.

I don't buy into the whole mass market merchant angle as a viable strategy in the near future.  As a merchant, I can sign up for Bitpay and have the amount immediately converted to Fiat and dumped into my bank account. The immediate use cases I see for BitUSD is more niche:

* Eliminating dark market volatility
* High risk merchants such as the adult industry where credit card fees are ridiculous
* A way for Bitcoiners a chance to move a portion of their holdings to a savings account that pays interest (hedgewallet)

21
General Discussion / Re: Escrow document available?
« on: March 01, 2015, 10:59:16 pm »
Why do escrows use account names and not conditions? Shouldn't each of the sender, receiver, and agent be a condition which can be a single address or a multisig condition?

Anyone?

22
General Discussion / Re: Bytemaster and Mumble - A Proposed Solution
« on: March 01, 2015, 05:53:50 am »
- Create a public roadmap similar to Maidsafe to keep investors in the loop. Not everyone lives on Github.

- If Dan feels the need to speak, Bitshares.tv. Max is smart enough to present it in the best way possible.

- Client voting proposals so we hear from the larger holders, not just those that have time to hang out around the forums.

- Any PR releases should be reviewed by multiple people.

- Mumble sessions for other people important to the ecosystem.

- We need a polished client and a real reason for the millions of Bitcoin wallets to use our decentralized exchange. That is what generates the PR we need to survive.

- Further development on wall features such as subscriptions provides a huge boost to delegate reporting effectiveness outside the forum.




23
General Discussion / Re: Bytemaster and Mumble - A Proposed Solution
« on: March 01, 2015, 02:44:35 am »
So basically you propose BM continue doing the Mumble hangouts but from now on they wouldn't be recorded? But then people that miss the chats will come on the forum and ask what was said and things will be misquoted leading to more confusion plus what's really stopping anyone from recording if they wanted to? Not a good idea in my opinion.

I prefer BMs idea to just do the BitSharesTV stuff to be honest.

 +5% +5%

24
Hello. I had a good bit of BTS on Bter. They gave out bonuses of some BTS "assets..??" called "Play" and something else in the November-December timeframe. How do I withdraw and save these things? I really don't know anything about them. I have the BTS wllet installed and working on a computer to withdraw my BTS if/when that becomes possible but don't know if these other "shares" are worth anything. Advice? Thanks.

Unfortunately we are in a wait and see mode. It's all in the hands of BTER.

25
General Discussion / Re: BitShares 101 is now on youtube.. (mostly)
« on: February 28, 2015, 05:29:42 pm »
 +5% +5%

26
General Discussion / Re: Instead of adding BitShares to a Bitcoin wallet...
« on: February 28, 2015, 04:44:02 am »
Can you feel it???  We are tantalizingly close to biggest crypto home run since bitcoin itself.   

As most on this thread are already very astute too...  Messaging and positioning is critical.  I would brand it a whole new thing(Coinstamp for example) and it would be a "decentralized bitcoin exchange."  The experience would actually be just like going to bitfinex.

You would deposit bitcoin.  Your account would say you have bitcoin, just like bitfinex says even though what you really have is bitfinexbitcoin. The difference is Coinstamp coin is really bitbtc and it is real time cryptographically provably solvent.  You can use your imagination for the rest.   If bitfinex/bitstamp/btc-e make no distinction between their IOU's and the real thing why should we?  The catch is stealing their liquidity.  When bitfinex started, they used bitstamp liquidity to get themselves up and running.   Apart from some simple GUI stuff, that is the final piece.   And of course and USD/bitUSD gateway.

 +5%

27
General Discussion / Re: BitShares 0.6.2 Feedback
« on: February 28, 2015, 12:35:48 am »
https://bitsharestalk.org/index.php?topic=14536.msg189031#msg189031

Remove any wallet reference and call it exchange.

29
General Discussion / Re: Bitshares now has a professional PR initiative
« on: February 27, 2015, 10:32:16 pm »
I like to know what kind of effort will raise market cap .
It is needed badly now more than ever . So , you input ?

I would start with a clear development road map.  See MaidSafe for example, http://maidsafe.net/roadmap.

It is uncertainty that shakes most investors and the market in general.  Constantly changing direction under the guise of "growing up" is just confusing.  Develop a road map and stick to it.  The other 2.0 projects have for the most part been very clear as to their goals and how they plan to get there.

That being said, as much as most here don't want to admit, so goes the market value of Bitcoin so goes the market value of other blockchain tech.  There is not a lot the Bitshares community can do to change this.  This is a long term investment, and a very risky one at that.  It's a fool's errand to try and analyze what affects the market cap on a day to day basis.

Maidsafe had the right idea with their clear roadmap for investors to monitor progress.

30
Someone sent me this interesting article. Bter got 85% of its stolen NXT during the NXT hack via a negotiator. I hope a similar negotiation is underway and bter would not only survive this crisis but grow stronger from it.

http://cointelegraph.com/news/112356/exclusive-key-negotiator-in-bter-nxt-hack-speaks-out

Exchanging a low liquidity alt for Bitcoin makes perfect sense for the hacker. Unfortunately stealing BTC directly is our worse case scenario. There's nothing to negotiate. If the hacker cleaned out 5 million in alts I'd feel much better about our chances for recovery.

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