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Messages - happybit

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31
I'm still not really sure how all those super intelligent people support POW if it is as unnecessary as the proof-of-stake community claims, including delegated proof of stake.

Because they have created a religion in which all altcoins, and especially all non-PoW coins are scams, and then they refuse to think about the issue any more.
They haven't created a "religion" nor a "cult".  I agree examples of "tribalism" are rampant among many Bitcoin supporters (as well as other cryptos, this one included) but I don't think that wording fits at all in any case that it's used related to new crypto tech communities.  It's insulting and inflammatory, but not very accurate.

Further, the vast majority of transactions are perfectly fine to be accepted with 0 confirmations.  In most use cases bitcoin transactions will be relatively close to how fast current DPOS transactions are.  In my opinion there are plenty of benefits from the DPOS system where we don't need to misrepresent the facts, though it is a nice marketing line.

I agree, I don't believe it is a case of "religious/cult" adherence.  The whole crypto community is the exact anthesis of that in my view.

I will look at the link, Thanks guys

I have read so much, but it is overwhelming so please bear with me, and other newbies.  Having ANYONE attack those who are trying to learn in their own way, and coming to ask questions, is really detrimental to Bitshare's success

You never know who a "newbie" is, and from my experience of personally helping and explaining bitcoin to well over 2000 individuals, I can tell you that sometimes the most unlikely "student/newbie" becomes a beacon of hope, information and growth to the community!  Be it Bitcoin, Bitshares or some other alt-coin

-- Be nice! -- yes, this is mainly directed at TONYK.  (I read a lot of your posts saying where you say you will try to change etc, good luck!) --
Hmm I realize I didn't answer your main question, I think there are pros and cons to each system.  POW has the benefit of being utilized on a large scale for many years with Bitcoin.  It's a tested consensus mechanism and in most cases has been "good enough".

Scale a DPOS DAC to Bitcoin levels and have it run mostly smoothly for years and I bet you'll get a lot more DPOS proponents.

For the most part I think most people are interested in the Bitcoin network and bulding it's partnerships and infrastructure.  As long as Bitcoin has the largest network you are going to see people focused on growing that system regardless of other theoretical improvements being offered by startups.

Thanks, got it... and also LOVED the Comparison Table! :)

32
General Discussion / Re: What is the Coin Limit on BTSX now?
« on: October 17, 2014, 11:58:56 pm »
pointed it out to them!

https://bitcointalk.org/index.php?topic=658541.msg9239906#msg9239906

---- thanks btw, for the link to your site: http://www.bitsharesblocks.com/home  ---------

quick questions: What if all the Unclaimed: 708,327,308 BTSX show up all of a sudden... ?

That could TANK the price... or is there a reason these have not been claimed?  are they being slowly released/claimed?

and have all the rest been actually disbursed?  are they all in circulation, the 1.3 billion?

33
General Discussion / Re: What is the Coin Limit on BTSX now?
« on: October 17, 2014, 11:49:37 pm »
The first paragraph you quoted is about Ripple.
They're the ones that changed their share numbers.

(Ripple has 100 Billion shares but as only 8% are actually on the market they have been valued by that. However when BitSharesX took the no.3 spot on coinmarketcap, Ripple decided that another 20 Billion or so XRP they had earmarked for investors/partners deserved to count towards their CAP. Something like that. But yeah BTSX would be no.3 if it wasn't for that re-jig. You can look at the Ripple graph and see the change on Aug 26 or something.)

Yea thanks for pointing that out, it was so obvious to me I didn't even realize the OP might be thinking that was actually done for BTSX! That kind of silly (deceitful even) behaviour is of course a Ripple thing, not Bitshares.

I wasn't trying to be deceitful.. I've been talking up Bitshares to friends, and they are sending me this stuff, and to be honest, I thought it was about Bitshares too...

Thanks for the clarification.  Maybe you guys can fix that on Bitcointalk! I have the link there, but here it is again:

https://bitcointalk.org/index.php?topic=658541.msg9226591#msg9226591

maybe others are misinterpreting that too

[do you want me to delete/change to OP?]


34
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: October 17, 2014, 11:17:44 pm »
Ask him to join the the dev hangout tomorrow and talk to Dan himself. Most likely Dan might agree some standards could have been better followed.

Also even if your friend just wants to listen in it would give a much better feel for what the project all about right from the horse's mouth. A $50MM market cap, the fourth highest crypto on the planet, indicates that his opinion of it being "such , such a bad idea" is in the minority.

Come join us on tomorrow's dev chat. Come talk with us. The water's fine :) .

Sent from my SM-G900T using Tapatalk

Great! Thanks... I will... when exactly?

Where? the chat here, or is this a video chat?

35
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: October 17, 2014, 11:14:49 pm »

Quote
thanks...
and btw there are no red letters next to the box. Now, it simply says "Must be registered account on the blockchain or unregistered account KEY. "



Yes, I believe the "red message" is on btc38.com

36
General Discussion / What is the Coin Limit on BTSX now?
« on: October 17, 2014, 09:37:22 am »
UPDATE:  I totally misread the post below, so I am adding some RED notes to show what has been clarified to me, didn't mean to deceive anyone!

I just found this post


Quote from: manfred on  October 16, 2014, 07:51:24 PM   link=https://bitcointalk.org/index.php?topic=658541.msg9226591#msg9226591
Quote from: mtwelve on October 16, 2014, 07:05:20 PM link=https://bitcointalk.org/index.php?topic=658541.msg9226066#msg9226066
But isn't market cap calculated by price of coin * current price per coin?
Yes number of available coins * price per coin.
What happened BitsharesX has overtaken them on marketcap and they did not like to get past down the rank so they went to the old trickery book and changed the available number of XRP from 8bil to 28bil. Of course there where not 20bil sold at an instant in fact not even the 8bil from before where all sold, so there marketcap was "wrong" to start with. The total sold is somewhere in the millions to date. In this case the correct way to calculate marketcap would be sold coins * price per coin but he wait that is wrong as well because RIPPLE set the price. If you control the coins its not a free market unlike ever other coin.
Overall they (RIPPLE) are literately worse than the FED

and this from before [using google search ;)]

If you have a look in the client at the assets tab you also find the maximum share supply 10 billion. No idea why this actually is.

Code: [Select]
>> blockchain_get_asset 0

{
  "id": 0,
  "symbol": "BTSX",
  "name": "BitShares X",
  "description": "Decentralized Autonomous Exchange",
  "public_data": "",
  "issuer_account_id": 0,
  "precision": 100000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": 199998457024777,
  "maximum_share_supply": 1000000000000000,
  "collected_fees": 16992815762
}

But yes there are never going to be more than 2B BTSX so I wouldn't worry too much about it.


What is the truth, how many BTSX shares are there?

Was it changed?

Is there a non-technical summary of all these changes somewhere? For a simple overview?


37
General Discussion / MINTPAL IS "UP"!!!
« on: October 16, 2014, 09:09:05 pm »
Get your stuff out!

some people here claim they can! ... my account is not working, but maybe you will have luck!!!

https://bitcointalk.org/index.php?topic=824211.0;all

--------------------- update --------------------

it is 'up' but not working at all for me! :( 

38
General Discussion / Re: Anyone affected by Mintpal?
« on: October 16, 2014, 09:08:15 pm »
MINTPAL IS WORKING!!!!

People are reporting success in removing funds!!!

https://bitcointalk.org/index.php?topic=824211.0;all

39
I've had the exact same thing happen before!!!  It was a f*cking chrome extension!!!

They update automatically and can become malware without you being able to do anything about it!!!

I thought lastpass was changing the addresses on me, and I tried turning it off, and turning off autofill and everything.

Nothing worked, and then I found that it was a bitcoin price notification extension (i found out by searching for the address it was sent to, and found others posting about similar problems) I checked yours, google didn't say anything, though it could be a new virus.

I asked a google developer about how this could happen, he said: "Just turn off autoupdate" -- that is not possible from what I see, and he couldn't figure it out either.

be super careful with Chrome Extensions

I can digup more info on this if you need it. Good luck!  I hope it wasn't this, and BTer can somehow give you back your BTC

40
I'm still not really sure how all those super intelligent people support POW if it is as unnecessary as the proof-of-stake community claims, including delegated proof of stake.

Because they have created a religion in which all altcoins, and especially all non-PoW coins are scams, and then they refuse to think about the issue any more.
They haven't created a "religion" nor a "cult".  I agree examples of "tribalism" are rampant among many Bitcoin supporters (as well as other cryptos, this one included) but I don't think that wording fits at all in any case that it's used related to new crypto tech communities.  It's insulting and inflammatory, but not very accurate.

Further, the vast majority of transactions are perfectly fine to be accepted with 0 confirmations.  In most use cases bitcoin transactions will be relatively close to how fast current DPOS transactions are.  In my opinion there are plenty of benefits from the DPOS system where we don't need to misrepresent the facts, though it is a nice marketing line.

I agree, I don't believe it is a case of "religious/cult" adherence.  The whole crypto community is the exact anthesis of that in my view.

I will look at the link, Thanks guys

I have read so much, but it is overwhelming so please bear with me, and other newbies.  Having ANYONE attack those who are trying to learn in their own way, and coming to ask questions, is really detrimental to Bitshare's success

You never know who a "newbie" is, and from my experience of personally helping and explaining bitcoin to well over 2000 individuals, I can tell you that sometimes the most unlikely "student/newbie" becomes a beacon of hope, information and growth to the community!  Be it Bitcoin, Bitshares or some other alt-coin

-- Be nice! -- yes, this is mainly directed at TONYK.  (I read a lot of your posts saying where you say you will try to change etc, good luck!) --

41
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: October 16, 2014, 04:02:09 pm »
This question is from a friend:

Quote
:Why is the core code in libraries? ... libraries are always external.

:101 noob mistake...  you call it \src

:i just don't understand, like, not even putting the effort in proper code structure
: they have a market engine? hmmm
: ok, that is interesting
: normally in any source base, you clearly distinguish between your own code and foreign code
: so, libs is where you put all the stuff you use
: src is where you put your own source code

: // prime the pump, to make sure that margin calls (asks) have a bid to check against.
: they have margining in there...
: this is such, such a bad idea

: but how do they plug the exchange engine into their blockchain?!


Please help me respond to him, I'm trying to get him to take a closer look at Bitshares.  [i do not code, but will forward your response to him]

42
General Discussion / Re: Anyone affected by Mintpal?
« on: October 16, 2014, 02:59:59 am »
friends and I were affected by moolah to the effect of 1000 btc .. I'd hope alex cooperates or whatever his real name is or im sure there will be legal action.

you may want to repoort it here also:
https://bitcointalk.org/index.php?topic=824211.0;all

43
General Discussion / Re: Anyone affected by Mintpal?
« on: October 16, 2014, 02:51:47 am »
Yes  :'(

Not sure how much I had there, I have buy/sell orders on many exchanges, and lost track of this one! :(

44
General Discussion / Re: How to measure the PEG....
« on: October 15, 2014, 02:53:35 pm »
Thank you for this great post!

I understand BitUSD much better now.. though still not fully.  I would love to see the NuBits community's reaction to this post.  Do they linger here, or can I post it there to see what they say?

45
I think that DPOS and PoS in general is fighting against such a strong, and now 'established' community of POW supporters, that it would be really good to make a PRO-CON wiki showing all the pros and cons of each in a table format.

I'm still not really sure how all those super intelligent people support POW if it is as unnecessary as the proof-of-stake community claims, including delegated proof of stake.

Have you seen anything like that?

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