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Messages - teenagecheese

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121
General Discussion / Re: VOTE DAC Just Got More Interesting 2.0
« on: October 18, 2014, 10:20:48 pm »
It seems to me that having every DAC have its own version of bitUSD backed by its own token (btsx, bitVOTE, etc.) will cause each chain to have a weaker (larger spread & lower liquidity) peg. It also makes the ecosystem, which is already complex, even more confusing to understand and use. Wouldn't it be better to only have the one bitUSD backed by btsx that all the DACs use? Is that possible technically?

Please read this and this. I hope that will explain why things are done this way.

Thanks arhag, those links really helped me to understand.

It seems my concerns were valid, but the creation of mulitple bitUSD may be the best choice for technical reasons. I think this will hurt bithshares x and the other DACs because the peg and liquidity will not be as strong, but if it is necessary, sobeit.

I3: I will say please try to limit how many times you rebrand / make huge fundamental changes. This has and still is a big problem with bitshares. Maybe take a step back and really try to map out how the whole ecosystem should be before moving forward much more. This figure it out as you go approach is really not good for adoption or retention of participants. I understand sometimes you have to make changes, but there have been too many in my opinion.

122
General Discussion / Re: VOTE DAC Just Got More Interesting 2.0
« on: October 18, 2014, 09:30:28 pm »
It seems to me that having every DAC have its own version of bitUSD backed by its own token (btsx, bitVOTE, etc.) will cause each chain to have a weaker (larger spread & lower liquidity) peg. It also makes the ecosystem, which is already complex, even more confusing to understand and use. Wouldn't it be better to only have the one bitUSD backed by btsx that all the DACs use? Is that possible technically?

I assume the purpose for having each DAC have its own bitUSD is to create demand for its token and therefore generate income for the DAC, is that why this is the plan? If that is the only reason I wish fundraising could be accomplished in some other manner for the reasons stated in my first paragraph.

Could someone please explain the logic behind creation of unique bitUSD for each DAC and why this is a better choice than just having the one btsx bitUSD as I have explained it? I would really love to hear from bytemaster on this if possible. It would help me, and I'm sure a lot of other people in guiding their investments. With my current understanding I am wondering if I should sell.

Thanks!

123
General Discussion / Re: lost track of DAC's
« on: September 30, 2014, 03:50:24 pm »
This may be what you are looking for: https://bitsharestalk.org/index.php?topic=1425.0

124
General Discussion / Re: 5% annual fee. What is the point?
« on: September 15, 2014, 06:44:21 pm »
I really disagree with the above comment. It's likely only a minority of people will want hold bitshares for more than a year, so making those who want to hold long term storage move their funds once a year will only minorly impact voting. Plus, it will make them "vote," but it won't make them actually think about who they are voting for. Only the most involved users will ever make meaningful votes, let it stay that way.

The fee is an unnecessary inconvenience. Remove it.

125
General Discussion / Re: 5% annual fee. What is the point?
« on: September 14, 2014, 04:05:39 pm »
The market will price in lost funds on its own.  Perhaps removing this fee will help.  It will make my life easier.

I think you're right. What you need to consider is if this rule overall makes Bitshares better or worse. Since the market WILL price in lost funds on its own, there is no reason to have it, and the rule is making Bitshares worse.

Bitshares needs to have as few restrictions on use as possible. The less restrictions, the more use cases it is opened up to. More utility = a better product = a larger and stronger network.

Bitshares should also be as easy to use as possible. Having to move my funds around to avoid a fee is just one more thing that I have to research, learn about, and deal with to own some form of bitshares. If there are enough small annoyances I just give up and use some easier form of money. In fact, that brings me to another point that Bitshares should be intuitive to use. With a good product, you just know how to use it. I shouldn't have to browse the internet for hours to figure out how to trade on the market, or what the shorting restrictions are, or how to find the right way to open an account without already having funds to register, etc. It should just be obvious. I understand some of these simplifications are probably in progress, but the point is still valid.

126
General Discussion / Re: Lightweight Wallet Plans?
« on: September 09, 2014, 01:05:44 am »
Awesome, thanks!!!

127
General Discussion / Lightweight Wallet Plans?
« on: September 09, 2014, 12:28:54 am »
Is a lightweight wallet possible for bitshares, maybe something that doesn't have to sync the whole blockchain? If so, is it in the works, does anyone know about when it will come out? It would definitely increase user adoption.

128
MemoryCoin / Re: [ANN] MMC.1GH.COM - GPU mining
« on: January 09, 2014, 04:23:26 am »
where can I find new version? 1 post isnt that the old one?

Trokhon, I believe the link is just updated and is now the new miner. Someone please correct me if I'm wrong.

129
MemoryCoin / Re: [ANN] MMC.1GH.COM - GPU mining
« on: January 09, 2014, 04:17:48 am »
Reporting maybe .4 hpm increase with new miner on R9 290. Thanks for putting these out.

Edit: ...and getting coil whine now too. Is that bad for the GPU, should I switch back to the old miner?
I have reports of rather disappeared coil whine in Ubuntu, so probably different load patterns have different effect on different card hardware designs. It is not harmful though unless you overheat the card.

reorder, thanks for the reply. I'm in Ubuntu with my ASUS R9 290's as well, it's not a whine as much as a sound like an quiet insect or maybe a rain stick once every few seconds (I know this is a stupid description). I assume that's what people call coil whine. Temp's are fine (same as old miner), so yea maybe just due to my build of Linux or drivers or something.

130
MemoryCoin / Re: [ANN] MMC.1GH.COM - GPU mining
« on: January 08, 2014, 03:39:04 am »
Reporting maybe .4 hpm increase with new miner on R9 290. Thanks for putting these out.

Edit: ...and getting coil whine now too. Is that bad for the GPU, should I switch back to the old miner?

131
MemoryCoin / Re: [ANN] MMC.1GH.COM - GPU mining
« on: January 03, 2014, 04:56:19 pm »
Guys,

The market on bter is so thin that anyone with spare 10 BTC can easily make a rollercoaster show for our amusement. Just vote for MMC on Cryptsy!

Regarding pool operation, please report if you notice hpm degradation. Our total HPM grows steadily and we need to know when it becomes worse for individual miners as early as possible.

I've got some hpm degradation. Used to be in the 20-22 consistently, now it's 16-18 hpm. Restart seems to return it to normal, at least for a little while (5 mins so far). I'll keep monitoring.

Edit: Still going strong after 45 mins.

132
MemoryCoin / Re: [ANN] MMC.1GH.COM - GPU mining
« on: January 03, 2014, 07:15:46 am »
Tartemption, thanks for that. When I input the first line it says unrecognized option '--git'. Is that the correct way to do this, just type into terminal one line at a time?

Sorry for my ignorance, I'm new to Linux.

I managed to overclock using amdconfig commands in terminal, but it had no effect on hpm. Anyone have any thoughts on this, is it because of memorycoin's algorithm? Has anyone successfully increased hpm by over clocking?

133
MemoryCoin / Re: [ANN] MMC.1GH.COM - GPU mining
« on: January 03, 2014, 02:04:29 am »
Tartemption, thanks for that. When I input the first line it says unrecognized option '--git'. Is that the correct way to do this, just type into terminal one line at a time?

Sorry for my ignorance, I'm new to Linux.


134
MemoryCoin / Re: [ANN] MMC.1GH.COM - GPU mining
« on: January 03, 2014, 12:43:02 am »
I'm trying to overclock my R9 290 in Ubuntu with AMDOverdriveCtrl, but when I start it up I get the warning "failed to get overdrive parameters, some functions of the program will be disabled." overdrivectrl still opens and lets me adjust fan speed, but not clock speed or voltage.

Does anyone know how to fix this, or another way to adjust clock speed and voltage on R9 290 in Linux?

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