Quote from: happybit on October 14, 2014, 09:11:01 pm

Quote from: OldMan on October 14, 2014, 08:17:47 pm

Quote from: lil_jay890 on October 14, 2014, 05:45:24 pm

Bitcoin went from 2.60 to 1165 in 2 years (44,707% gain).  This was when hardly anyone had even heard of crypto currencies too.  And still 2bln is not that hard to achieve even if there is just a slight change in the majority's public perception of crypto currencies.  Time will tell, but things move fast when momentum takes hold.

BTC was also much more difficult to acquire during those two years than BTSX is today.

The fiat on/off ramps I3 is teasing could make BTSX share price look like it has a hyper-drive compared to BTC.

what is I3 ?

Invictus Innovations Incorporated they are the dev team.

Thanks.

Are there any links to these "teasings" ?

I imagine they will have HUGE troubles with regulation if that goes big.  Do you guys know why Ethereum incorporated in Switzerland? (I heard because they got gov't clearance... a kind of a break... to do their business, raise money, etc.  Any such things for I3?

Quote from: lil_jay890 on October 14, 2014, 05:45:24 pm

Bitcoin went from 2.60 to 1165 in 2 years (44,707% gain).  This was when hardly anyone had even heard of crypto currencies too.  And still 2bln is not that hard to achieve even if there is just a slight change in the majority's public perception of crypto currencies.  Time will tell, but things move fast when momentum takes hold.

BTC was also much more difficult to acquire during those two years than BTSX is today.

The fiat on/off ramps I3 is teasing could make BTSX share price look like it has a hyper-drive compared to BTC.

what is I3 ?

Quote from: happybit on October 14, 2014, 12:41:02 pm

What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?

-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...

The Dan dac is under development and will embed my consciousness where it can live for ever

 

Haha...  great answer!!!  Thanks... reason I asked is that I remember really loving the bitcoin wiki on contingencies... does Bitshares have such a page?  -- it could also address all the possible results of a 51% attack, your falling in Love and dropping this project for ever, or beaming your DAC self to another galaxy 

Quote from: roadkill on October 13, 2014, 10:10:51 pm

Quote from: starspirit on October 13, 2014, 09:50:05 pm

One thing I don't understand is why is it necessary to tell people Bitcoin is a company (an unprofitable one) not a currency. Firstly, I don't really understand the logic of why it cannot be considered a currency. But secondly if people want to think of Bitcoin as a currency, that's fine, because its not in direct competition with Bitshares. As I am a bit confused, maybe others are, so is it really a key marketing point?

From a BTS/DAC perspective, Bitcoin definitely resembles shares more so than a currency. The shares happen to be in an unprofitable company.

It's a great marketing pitch. When it clicks, there's an "ah-ha!" moment of understanding. Followed by a smug grin.

Yeah, one of the Larimers' early metaphors was that Bitcoin is a company that pays 100% of revenue and a huge dilution subsidy to security guards (aka miners). That really clicked with me, and is one of the reasons I'm with BitShares today.

 

I'm just joining you guys now, and to be honest this was one of the KEY points of turning me to Bitshares also!

I have sooo many questions, I wish the live chat group was working

Quote from: happybit on October 14, 2014, 12:21:56 am

BTSX8SxcXCG4MD31EkcKuHJ4eCDUg7bef33GKZodFWNXe73RKL2SSa

Sent.

got it! Thanks... can you see what name is assigned to this?

BTSX8SxcXCG4MD31EkcKuHJ4eCDUg7bef33GKZodFWNXe73RKL2SSa