Quote from: Stan on August 13, 2015, 01:55:46 am

Quote from: lil_jay890 on August 13, 2015, 01:41:40 am

Quote from: triox on August 13, 2015, 01:14:52 am

...
I could maybe understand targeting some true community token, if we had anything like that, a'la LTBcoin - at least LTB has strict and known rules on it's releasing. But this "Brownie" nonsense is a centralized private monstrosity doled out by one capricious guy who can recall them from anyone at any point or assign 99% extra supply to himself.

Now this joke of a coin gets a sharedrop from Underwood's project and the gullible idiots are cheering because they feel they're part of the inside club. All this talk about openness and inclusivity and community values  goes out the window when there's a glimmer of chance for some extra cream from some hypothetical vapour of a project.
I've been here for over a year and it's like every step of the way this community is begging to both get themselves fleeced and further tank the project's perception and price.

Agree completely. Dan talked so much of freedom and decentralization... This brownie distribution that he has 100% control of flies in the face of much of what he has preached.

Brownies may have a place for dans or cryptonomex projects, but they should not be considered as a viable target for outside projects.

I think everyone's tune would be much different if bts cap was around the highs.  Some people are so underwater on their bts investment that they would cut off their left ear to get back to even.  These deals represent a light of hope for ill timed investors.  That light seems to be blinding many of their original Bitshares principles.

Since Underwood desires to give extra recognition to boost the enthusiasm of active contributors
And Dan's thank you note ledger is the most comprehensive quantitative documentation of such people that exists
Then it makes total sense for John to make use of that demographic mailing list.

Quote from: Stan on August 12, 2015, 11:27:27 pm

I can't think of a better criteria for who should get a share than those who helped build the ecosystem.
The challenge is in determining how helpful each someone has been to the cause.
This is inherently subjective in any application where there is a wide range of ways in which supporters contribute.
There is no pre-defined formula that is sufficiently complete.

Managers seeking to acknowledge contributors to their mission always have this problem.
The brownie method is more open and quantitative than most performance reviews I have had in my career.

In the end, such things don't have to meet any criteria other than what suits the giver of the gift.
In this case, Underwood decided that Bytemaster's thank you note system was as good a metric as any.

Parable of the Generous Employer

I believe that anybody ought to be able to create whatever token of appreciation they like, and distribute it however they like, as a target for their own gifts or rewards. However, unless such tokens are non-tradeable and non-transferable, it seems that rewards dropped on such a token might spill over to those that have simply bought their way in rather than having made any genuine contribution or even offering any expected future contribution. Ultimately it could just become like any tradeable token as re-distribution in the secondary market over time dominates any initial or primary distribution. However its only early days for BROWNIES yet, so at this stage the distribution is probably very close to initial.

Quote from: Akado on August 11, 2015, 05:52:21 pm

Happens to me too in some markets.

I tried to buy some NOTES last night, barely got the order placed then had the same symptoms. Then the order expired.

But I was able to trade some bitUSD for BTS with no problems at all. Maybe it's a volume related bug? I'd say that it doesn't matter, I can just wait until 2.0, but where NOTES and BROWNIE.PTS are concerned maybe I can't...

Quote from: Stan on August 05, 2015, 12:24:44 pm

In either case, the price is determined by market demand, not your costs.

If you remove all the inefficiencies from the process,  the amount you burn on energy is exactly equivalent to value. Therefore, you are turning electricity into coins in a very real sense.

$12 million market-cap again and 20% down in one day? WTF?