I can't believe nobody's talking about the last mumble after BM's latest bomb drops:
make the bitGold and other markets in USD (because BTS are used to get the USD). He is absolutely correct because we have been looking at this all wrong by asking our customers to trust us twice at first ("trust bitGold and trust BTS) instead of just once (trust that bitGold wont die, we know that you already trust USD")
So se have been trying to walk before we are even crawling. This is obvious now that NuBits just showed us how it's done (Nubits owners could care less about NuShares). So the least we can do is learn from those who have succeeded and build our markets in USD (what people are comfortable with) before building parallel markets in BTS (bitSilver/BTS) (bitBTC/BTS)
What bitcoin holder of bitBTC wants to reference a coin that they feel is their competitor!
No they want to trade bitcoins against USD (bitUSD if course which has to be created with BTC , but we all realize now in hindsight that Nubits owners care as much about NuShares as bitcoin holders care about BTS)
Did anybody else besides BM and I just have a "why the hell did it take me so long to figure that hindsighr out, its only 2016 and im obviously not as smart as i think i am)
Plus, if you want to build or make a market in BTS like bitBTC/BTS then you should get future dividends for providing liquidity today.
Yes, because no start up company should be taking profits, they need to reinvest them like Amazon.
The Onceuponatime paying to develop the anon market idea brilliance obviously spawned the:
"coax Erlich Bachman to get his stored wealth out of his bitUSD shorts and make a bitPorkBelly/BTS market (by me providing liquidity today at a financial loss to reap future cuts of those market fees in the future)
We need growth today more than profits. Come on, now code me an offer I can't refuse and i will sell my bitAssets and make a market, but make it worth my time and money.
If you succeed, then the gold rush here can REALLY begin, if you know what I mean.
Yup, there it is:
What market are YOU going to invest in?
What markets do YOU tthink are going to big in the future?
Those are the markets you will make and maybe lose money in today, but reap rewards tomorrow when they hit the big time.
This is the MUSE model of investing in what Artist coin markets you think are going to be hot first and then getting rewarded simply because you were there FIRST. Why should MUSE and NuShares have all the fun?
Congratulations BM for being the first to realize that we are not always the best at everything and taking a page out of the book of NuBits which frankly we all should have paid a little more respect to in retrospect
Obviou$ly
You BTS holders who are crying for some liquidity in your markets?
Well then offer me some real financial incentives and I will trade in my highly collateralized bitUSD positions to provide you with what it is you say you want most right now
Here I am
your futur market maker, and my money is already in your ecosystem.
just not in the positions that will benefit you right now, if ever
if you liked the onceuponatime idea
this is the exact same idea