Quote from: Ben Mason on November 06, 2015, 12:15:16 pm

Actions speak louder than words anyway.

.. and that's just the what "we" know Mark (Banx) and Michael-X (remittio) are up to .. who knows what they have in mind already.
My experience from the last few days was, that they pretty much understand!! what the people in the "real" world need .. AND they know how the blockchain technology can solve their problems!
I've seen Michael market the whole idea to people I would a) never have imaged would need that tech and b) would never have dared to even try talk to them ..

We can be EXTREMELY happy to have those to on board!

Quote from: Ben Mason on November 06, 2015, 10:41:50 am

Quote from: xeroc on November 06, 2015, 10:16:44 am

If you guys are calling this "a ride" .. you better exit now and don't join next year's roller coaster



Guess what the pillars are good for

Ha ha, those pillars aren't nearly high enough Xeroc!

Those are only the support wheels for the take off:

Starting from the ideas in threads like this:
https://bitsharestalk.org/index.php/topic,19791.0.html

Here is my plan of ideas that Bitshares needs to execute on in order to succeed. 
This plan involves several parts, some of which can be done at the same time by different people, in parallel.


Part 1: Fix what is broken and add new needed features.
1A: Fix trading fees.  The fee for a cancelled order becomes X, where X is as low as possible, and only exists to prevent spam attacks.  The fee for a completed order becomes Y + Z%.  Z% is initially set to 0.2%, and can be modified by shareholder vote in a delegate proposal.  Y is a small value used to prevent spam, it could be the same as X.  0.1 BTS is preferable imo.
MOST of the trading fees should come from the 0.2% fee!  Not the flat rate that is used to prevent spam!
Lifetime membership reduces these amounts by 80%.  Therefore, a lifetime member pays 0.04% fee instead of 0.2%, which is much lower than almost all the exchanges out there!  This makes lifetime membership attractive.  It makes referring people attractive, since you get a large cut form their trading.  The referral program still works!

1B: Implement margin trading just like poloniex system.  Implement lending system just like poloniex system.  Lending for the margin trading IS the bond market!!  It works great currently for poloniex, so it should work for us, we just have to get it working on the blockchain.

1C: Implement prediction markets. 


The most important thing about this is that we are not reinventing the wheel like we tried to do in Bitshares past, but instead we are taking the trading system and margin system that already works, and is used by all exchanges, and just copying it and implementing it on the blockchain.  We just take what works, and make it decentralized blockchain technoogy, instead of a centralized 3rd party exchange that users must trust, and that gets hacked and loses their funds.


Part 2: Improve the UI. 
2A: Take a poll of bitcointalk users.  Ask them what exchange interface they like best and what they want us to emulate. 

2B: Implement this UI, or license it from a partner, or get 3rd parties to develop this for us.  The bitshares core dev team needs to work on Part 1 of my plan, which is their area of expertise anyway, we really need the UI improvements to come from a partnership or from using or licensing what already exists that people like.


Part3: Attract users.
3A: Make it easier to migrate from 0.9.2 to 2.0.  This will help us get more users (like me!) who are not as technical and had trouble migrating and therefore couldn’t use 2.0 yet.

3B: Referral system kicks in, people promote Bitshares through it, and bring in users.

3C: Continue developing business partnerships, and get these business partners using Bitshares, generating more users, liquidity, transactions, etc.


Part 4: Communicate the plan to the crypto community at large.  Create a roadmap for the creation of these features.  Explain to everyone what we are looking to improve about bitshares 2.0, and why.  Follow the roadmap, and when we reach a milestone, have our marketing guys announce this milestone via press releases, like we were doing this summer.


These four parts of the plan can be done in parallel.  Different people will be working on them.  The core devs are working on Part 1, GUI people are working on part 2, the community plus our business partners plus marketing team is working on part 3 and 4.


Some of these parts are already in motion.  A bitshares team and community working together to achieve these goals and doing a good job to communicate them to the crypto world would do well and regain the traction that we started to have in the runup to 2.0, but lost after release. 

We need traders to buy in to what we are doing.
We need to provide traders something that works well and is a good experience.
We need to listen to their comments that they dont want to pay fees for cancelled orders, and they want the UI to be simpler to use.
If we do this, traders will want to use us because they can avoid getting goxxed, they can cut their fees from 0.2% to 0.04% with a membership, and they can refer people and make money doing it.


Thank you!  I hope that we can as a community discuss and flesh out this plan and perfect it, and then execute on it and make Bitshares succeed.

If you guys are calling this "a ride" .. you better exit now and don't join next year's roller coaster



Guess what the pillars are good for

I have been on a few forums, and involved in a few crypto currencies... I know emotions run high, and low, I also realise people are very passionate about it, which is great.

While I would concede that this forum appears to be more "mature" than most, I don't think its working in the best interest of the mass audience/potential investors. Large corporations and/or successful ventures don't allow anything negative to be viewed by their audience. You could argue that this is a free market, open and transparent etc etc... but we want your neighbour, brother, friend to get involved, we want "mass adoption".

Fuzzy, the recent video I viewed (from a link on this forum) where a few guys went across the country interviewing people, including yourself, really blew me away and invigorated my interest in the project.

Some of the posts I read on here make me cringe and ask, what are we doing here?

I think the "brand" and product really needs to be managed better in terms of what is available for the public to read. Sure have back channels for venting, but not out in the open -  this needs mass adoption to be successful, case in point we have an excellent product with global potential, but look where we are in terms of market cap.

Those videos are awesome, they should be front and center, people would rather watch than read... we should have milestones and goals kicked prominently listed. We need to think about marketing more on this forum, as well as the official website, as it is a well known source of information.

As for the responses in terms of "get out now"... you make me smile, what in to the newly minted USD with $20 trillion dollar debt ceiling?! No, you won't get rid of me that easily.