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Messages - bitAndy

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61
General Discussion / Re: Don't trust my computer- best place to store BTSX?
« on: December 10, 2014, 11:14:21 pm »
It doesn't yet seem possible to change your BTS wallet password?

I would like to make my password stronger.

62
Technical Support / Re: If i redeem my 1 year of PTS in BTS, will get more BTS?
« on: December 09, 2014, 03:57:25 am »
Yes, correct. PTS has about 1.7 million shares, BTS has 2.5 billion shares. If you sell your PTS you'll get significantly more shares in BTS, as 1 BTS share is worth less than 1 PTS share.

63
General Discussion / Scotland Meetup
« on: November 04, 2014, 12:59:01 am »
Hey

Just putting this out there in case there is anyone else in the BitShares community from Scotland (I'm from Perth) who would want to arrange a meetup.

If your interested just let me know.

Thanks

Andy

64
General Discussion / Re: Russell Brand as a celebrity ambassador for BitShares. Discuss...
« on: November 01, 2014, 04:18:29 pm »
What political system does Brand advocate?

“A socialist egalitarian system based on the massive redistribution of wealth, heavy taxation of corporate responsibility for energy companies and any companies exploiting the environment. I think the very concept of profit should be hugely reduced.”

The guy might be articulate & genuinley concerned for the problems of the world but I don't think a man who favours centralisation of power is the most ideal celebrity ambassador to advocate for decentralised autonomous co-operatives or companies.

65
BitShares AGS / BitShares Music & AGS
« on: October 09, 2014, 03:06:21 am »
I was wanting to work out how many BitShares Music NOTES I would receive from AGS.

There will be 1.5 billion NOTES in total. 35% goes to AGS holders. That's 525 million.

There was 2 million AGS shares in total (I think).

Dividing 525 mill by 2 mill = 262.5 NOTES per AGS share.

Is that about correct?

66
General Discussion / Re: DPOS thought
« on: October 05, 2014, 04:07:34 pm »
Quote from: Empirical1.1 on October 05, 2014, 08:41:27 am
Quote from: Ben Mason on October 05, 2014, 08:25:21 am
Let's worry about the tyranny of the minority in the present before we assume stupidity and tyranny of the majority in the future.

Unfortunately, we are already faced with a situation where the good intentioned majority may change the rules https://bitsharestalk.org/index.php?topic=9603.0

Crypto-currencies are not best as DACs they are best as DA's

DACs will be popular for well, 'companies'

DAs will be popular as crypto-currency.

There is a difference between crypto equity and crypto money but BitShares has been interchanging them.

BTSX has some blurred lines.


I'm trying to understand the difference between a DA (decentralised application)? and a DAC.
My current understanding would be that DA's are like OpenBazzar for Bitcoin? And Bitcoin is a DAC where the shares issued are crypto-equities that are merely promoted as currency, hence why we call it a crypto currency.

Thanks in advance for any response.

67
General Discussion / Re: DPOS thought
« on: October 05, 2014, 02:56:15 am »
Quote from: puppies on October 04, 2014, 11:22:23 pm
My concern with DPOS since the beginning was the introduction of politics into what I feel should be a democracy free zone.  Ultimately what I have come to understand (with great help for Bytemaster) is that this problem exists in all cryptocurrencies.  If the majority of bitcoin miners and users decided that rather than cut new coin generation in half every four years they would double it, that is what would happen.  This would require a fork, and majority consensus.  If the majority of BitsharesX users decided that they wanted an inflationary scheme to bring in more users, then it would require a fork and majority consensus.

It is concerning that crypto.  Our chance to free ourselves from the shackles of oppression.  Ultimately is a form of democracy, with all of the evil that entails.


''The market is a democracy in which every penny gives a right to vote'' - Ludwig von Mises.

A democracy that is voluntary, like a DAC, is fine in my opinion. If you don't like what a DAC is doing, you can withdraw economic consent. Democracy is only a problem when its politcally imposed on people.

68
Technical Support / An Error Occurred While Trying To Start
« on: August 16, 2014, 07:30:42 pm »
I was using BitsharesX, when it crashed & caused my computer to restart. When I tried to get it back up, a pop up appeared saying ''an error occurred while trying to start.''

I downloaded the 0.3.0 version, but I didn't uninstall the previous version just in case it was needed?
Once I can get it up and running do I have to create a new account then import my old one?

If anyone can help me out, I'd appreciate it.

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