Thoughtful of you. But I actually like Keyhotee better than the donkey. To me, donkeys have an aura of silliness, maybe bordering on a joke. The "duck" terms work better in my mind because it's phonetically similar to DAC. I think it could result in a lighthearted explanation for what a DAC is...and if people started calling them ducks, that wouldn't be so bad.

democracy leads to mediocrity

sorry had to say it


We will be wiser to follow the devs lead more, and it seems like they are really listening to our input anyway

voting on stuff could really leave a lot of people unhappy

I am not criticizing the OP or anything.   

Its just my opinion that voting on can't produce excellence because the voters are informed at different levels about different topics

Listening is essential and they are doing it well. But I agree that leaders need to make decisions and have room to do so. So far, I like what I see. As for the Keyhotee name, I kind of like it, but I understand the criticisms also. Personally, I thought Twitter was the dumbest name ever, and look what happened to that. Sometimes, a fresh new name just comes out of left field and it really makes a branding impact. It can be good to follow sometimes (e.g., the whole 'bit' thing), and other times leading is the right thing to do. I will leave this to smarter people than me to decide. 

I agree in principle. Enough coins already and let's not dilute the Bitshares ecosystem. But DAC developers should be free to create their own business models; some will work and others will fail. And if you think about it, pumping and maintaining a coin takes a huge amount of time, energy, and cost, which might be better spent promoting the DAC itself. If someone needs seed money, it might be a lot easier to run an IPO on Bitshares Me.

Then I'll do an IPO for TOAST on btsME and work on the rest from a tropical island!

I would invest in a Toast IPO.

My thought is that we have PTS and that should reflect the overall value. People either understand the potential or we wait for that potential to become realized. The possibility of floating an AGS currency or somehow liquidating that at some point was mentioned elsewhere and might be worth a thought. I hold both PTS and AGS, but am neutral as to whether AGS should be made liquid at some point. That should be a later decision, as it has an important role now to fund the structure and stimulate growth.

While I like the idea of giving people more vehicles to invest and speculate, I think this proposed coin would basically be linked to the success of the main DAC. Just look at PTS price now; people still don't appreciate that there is a ton of amazing stuff coming online soon, aside from Bitshares X. So in the short- to medium- term, I would be reluctant to siphon off potential PTS/AGS investment into another diluting vehicle.

Longer term, when the potential of one or more DACs is realized and there is a big influx of cash? Maybe this idea would be a smart idea to help people capitalize on that and allow people to hedge a little bit. But right now, I don't see it adding value to the Bitshares economy, which it would further dilute.

So then what drives the price past that of bitcoin's? Simply having more marketing than bitcoin?

More practical use. Much more. Plus dividends, since these DACs should be profitable. Once dividends start coming, the whole world will pay attention.

An app called CoinPlanter just won an award from Coinbase for ideas built upon its platform. The app, which is in Google Play Store (link below) allows someone to geocache bitcoins in a particular physical location.

One wild idea might be to enable this or something similar for PTS and advertise that at the Las Vegas Beyond Bitcoin event, there would be a treasure hunt. Put it at the bottom of the hotel pool or under the fake Eiffel Tower. Or call this a Vegas heist or whatever. Could put it out in the desert somewhere, but it's damn hot there in July to risk dehydration.

Link: https://play.google.com/store/apps/details?id=com.coinplanter.android