BitShares Forum

Main => General Discussion => Topic started by: hpenvy on December 11, 2014, 04:08:06 am

Title: Update from writer * 5-most-important-virtual-currencies-other-bitcoin
Post by: hpenvy on December 11, 2014, 04:08:06 am
http://www.investopedia.com/articles/investing/121014/5-most-important-virtual-currencies-other-bitcoin.asp

Update

"Thanks for the response and information.

It was a limited number this time, will sure cover BitShares in one of my next :) "

This response was also cc'd to Murderistic. We'll make sure to send some good follow-up material.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: ripplexiaoshan on December 11, 2014, 04:24:54 am
Only the bitcoin modified first generation coins were mentioned, no surprise.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: hpenvy on December 11, 2014, 04:44:29 am
Only the bitcoin modified first generation coins were mentioned, no surprise.

True, but it doesn't dismiss our obligation to help educate.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: gyhy on December 11, 2014, 04:51:12 am
also no ripple,nxt
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: hpenvy on December 11, 2014, 05:08:12 am
Reached out and CC'd Murderistic just as I did for some of the other contacts. I try not to worry about the intention and instead focus on the follow-up. :)
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: donkeypong on December 11, 2014, 05:10:52 am
Primecoin and Darkcoin? Snore.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: hpenvy on December 11, 2014, 05:16:07 am
Primecoin and Darkcoin? Snore.

We either stay completely ignored or look for minor opportunities to educate those that are writing about crypto. I can't blame writers for ignoring us, it's up to the community to do a better job of reaching out whenever possible.  That's how I see it, I've been known to be wrong most days. :)
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: fuzzy on December 11, 2014, 05:36:03 am
Primecoin and Darkcoin? Snore.

We either stay completely ignored or look for minor opportunities to educate those that are writing about crypto. I can't blame writers for ignoring us, it's up to the community to do a better job of reaching out whenever possible.  That's how I see it, I've been known to be wrong most days. :)

I think there is plenty of blame for writers who do not do their due diligence before "educating" people.  If you notice, every coin but PPC is Proof of Waste....

Very hard to believe someone who knows about all these coins has no clue about other projects (like bitshares).  If she is able to give the prices and marketcaps of each coin she is almost guaranteed to have run across coinmarketcap and other, similar, platforms and in that case she would have no option but to see bitshares at #4 (well above all but 2 of the stated coins). 

It is not a lack of education.. that is near certain.  They are blatantly misrepresenting the landscape.  And even worse...there is no comments section.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: hpenvy on December 11, 2014, 05:40:00 am
Primecoin and Darkcoin? Snore.

We either stay completely ignored or look for minor opportunities to educate those that are writing about crypto. I can't blame writers for ignoring us, it's up to the community to do a better job of reaching out whenever possible.  That's how I see it, I've been known to be wrong most days. :)

I think there is plenty of blame for writers who do not do their due diligence before "educating" people.  If you notice, every coin but PPC is Proof of Waste....

Very hard to believe someone who knows about all these coins has no clue about other projects (like bitshares).  If she is able to give the prices and marketcaps of each coin she is almost guaranteed to have run across coinmarketcap and other, similar, platforms and in that case she would have no option but to see bitshares at #4 (well above all but 2 of the stated coins). 

It is not a lack of education.. that is near certain.  They are blatantly misrepresenting the landscape.  And even worse...there is no comments section.

I respect your opinion, however, I will strongly disagree. It's our product, the responsibility is on us.  We can talk about fairness and journalism all day, it won't change the fact that BitShares is often ignored in most articles. Rather than being upset by it, I made a list of over 100 writers that have written about Bitcoin and passed it on to marketing to start building those relationships. I'm a binary type of guy.

ninja edit:

If I was writing the article, I would have done more research like you suggested above. However, the reality doesn't put eyes on our product without us making contacts.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: Shentist on December 11, 2014, 06:20:53 am
in this article every none POW coin is ignored, because "mining" is a centrale point of view of the writer.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: Ander on December 11, 2014, 06:28:23 am
They clearly dismissed every nonminable coin.

Any list such as this which doesnt include Ripple and BitShares is way off.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: FreeTrade on December 11, 2014, 07:08:32 am
It is not a lack of education.. that is near certain.  They are blatantly misrepresenting the landscape.  And even worse...there is no comments section.

The author is probably aware of other assets on the landscape, but lacks the knowledge or skills to make an evaluation of them. Coming from a BTC background, it takes a lot more effort and ability to evaluate BitShares or Ethereum than it does Primecoin or Litecoin. It's a positive sign that an author is venturing outside of the BTC zone . . . if this author could understand BitShares, he might write about it.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: liondani on December 11, 2014, 07:45:01 am
Reached out and CC'd Murderistic just as I did for some of the other contacts. I try not to worry about the intention and instead focus on the follow-up. :)

 +5%
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: CryptoPrometheus on December 11, 2014, 09:15:45 am
Quote: "One thing which common to the whole virtual currency family is volatility in the prices. Till the time that is solved, none is risk-free."

Hilarious, but also I think somewhat our fault that she is not aware (assuming she at least visited the BitShares website for her research) that BitShares has already solved this problem....
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: svk on December 11, 2014, 09:31:04 am
Quote
Litecoin is based on an open source global payment network that is not controlled by any central authority and uses "scrypt" as a proof of work, which can be decoded with the help of CPUs of consumer grade

Not quite up to date you might say. Litecoin is now dominated by ASICS just like Bitcoin...
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: vegolino on December 11, 2014, 11:20:22 am
Primecoin and Darkcoin? Snore.

We either stay completely ignored or look for minor opportunities to educate those that are writing about crypto. I can't blame writers for ignoring us, it's up to the community to do a better job of reaching out whenever possible.  That's how I see it, I've been known to be wrong most days. :)
  +5%
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: CLains on December 11, 2014, 11:23:35 am
You are doing an excellent job hpenvy  +5% you definitely have the right mindset  ;)
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: hpenvy on December 11, 2014, 11:41:28 am
You are doing an excellent job hpenvy  +5% you definitely have the right mindset  ;)

Thanks. I know we all have different opinions on responsibility. I wish writers would do more research as Fuzzy mentioned, I just don't feel like we have the luxury right now. Bitcoin is challenging, the BitShares ecosystem from the outside tends to look like a hot mess. I encourage everyone to look for opportunities to make contact with writers. We want to build a list of people that look for excuses to cover our headlines rather than the other way around.  Someone mentioned some outdated information about Litecoin, that's an opportunity.  Hey xwriter, I was reading your article on the top 5 virtual currencies and noticed you posted some information that's no true about Litecoin anymore. A sentence or two and then a mention of BitShares would work wonders.
Title: Re: Update from writer 5-most-important-virtual-currencies-other-bitcoin
Post by: hpenvy on December 11, 2014, 05:10:28 pm
Received a reply from the writer.

""Thanks for the response and information.

It was a limited number this time, will sure cover BitShares in one of my next :) "

This response was also cc'd to Murderistic. We'll make sure to send some good follow-up material.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: fuzzy on December 11, 2014, 09:51:17 pm
You are doing an excellent job hpenvy  +5% you definitely have the right mindset  ;)

Thanks. I know we all have different opinions on responsibility. I wish writers would do more research as Fuzzy mentioned, I just don't feel like we have the luxury right now. Bitcoin is challenging, the BitShares ecosystem from the outside tends to look like a hot mess. I encourage everyone to look for opportunities to make contact with writers. We want to build a list of people that look for excuses to cover our headlines rather than the other way around.  Someone mentioned some outdated information about Litecoin, that's an opportunity.  Hey xwriter, I was reading your article on the top 5 virtual currencies and noticed you posted some information that's no true about Litecoin anymore. A sentence or two and then a mention of BitShares would work wonders.

My outlook has always been that we should build our own content from the ground up.  Why beg, plead, bribe and "educate" cryptocurrency news outlets when we can build our own? 

Do we depend on outsiders?  or do we prefer to depend on each other?  To me...the choice has always been a simple one.   

We have weekly hangouts and I have expressly made them available free of charge for anyone who wants to create their own content based on them.  They can attend, record and report directly from our community server...

That coupled with initiatives like Null Street give us an amazing power that is largely untapped because we are too focused on reaching outside our sphere.  When we reach outside our sphere, we add an extra hurdle for ourselves--converting non-believers.  This is a huge barrier we don't need to concern ourselves with imho.  If we build it...the non-believers will believe.  Then we have killed two birds with one stone and we aren't here wasting our energy on "how we reach these people" because the answer is literally right here in front of our faces. 

If people are here...they already believe.  Why not utilize them?  Why not lift up each other instead of reaching out to those who already have all their eggs tied up in a different basket?

To me, this OP could be much more effective for our cause if it were to ask the question "How can we build a broad-spectrum network of news agencies that out-compete the current ones in crypto?" 

The infrastructure is ALREADY here...if only people would come together instead of trying to go it alone.  There is a time to compete amongst ourselves--that time is not now.
Title: Re: Update from writer * 5-most-important-virtual-currencies-other-bitcoin
Post by: emailtooaj on December 11, 2014, 10:42:02 pm
If these reporters are truly ignorant to the fact about BitShares and have the heads buried in the pow field. Then let's revert the verbiage of "delegates" to "vote able, multifaceted, smart Miners"
Maybe that will get their heads out of the sand?!


Sent from my iPhone using Tapatalk
Title: Re: Update from writer * 5-most-important-virtual-currencies-other-bitcoin
Post by: Riverhead on December 11, 2014, 10:52:50 pm
If these reporters are truly ignorant to the fact about BitShares and have the heads buried in the pow field. Then let's revert the verbiage of "delegates" to "vote able, multifaceted, smart Miners"
Maybe that will get their heads out of the sand?!


Sent from my iPhone using Tapatalk

Delegated Smart Mining. Interesting.
Title: Re: Update from writer * 5-most-important-virtual-currencies-other-bitcoin
Post by: fuzzy on December 11, 2014, 10:54:18 pm
If these reporters are truly ignorant to the fact about BitShares and have the heads buried in the pow field. Then let's revert the verbiage of "delegates" to "vote able, multifaceted, smart Miners"
Maybe that will get their heads out of the sand?!


Sent from my iPhone using Tapatalk

 +5%

I think sparkle has a real chance to help convert these POW-only coins.  Too bad we can't hold hangouts for the dev.  THAT would be awesome.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: hpenvy on December 11, 2014, 11:10:56 pm
You are doing an excellent job hpenvy  +5% you definitely have the right mindset  ;)

Thanks. I know we all have different opinions on responsibility. I wish writers would do more research as Fuzzy mentioned, I just don't feel like we have the luxury right now. Bitcoin is challenging, the BitShares ecosystem from the outside tends to look like a hot mess. I encourage everyone to look for opportunities to make contact with writers. We want to build a list of people that look for excuses to cover our headlines rather than the other way around.  Someone mentioned some outdated information about Litecoin, that's an opportunity.  Hey xwriter, I was reading your article on the top 5 virtual currencies and noticed you posted some information that's no true about Litecoin anymore. A sentence or two and then a mention of BitShares would work wonders.

My outlook has always been that we should build our own content from the ground up.  Why beg, plead, bribe and "educate" cryptocurrency news outlets when we can build our own? 

Do we depend on outsiders?  or do we prefer to depend on each other?  To me...the choice has always been a simple one.   

We have weekly hangouts and I have expressly made them available free of charge for anyone who wants to create their own content based on them.  They can attend, record and report directly from our community server...

That coupled with initiatives like Null Street give us an amazing power that is largely untapped because we are too focused on reaching outside our sphere.  When we reach outside our sphere, we add an extra hurdle for ourselves--converting non-believers.  This is a huge barrier we don't need to concern ourselves with imho.  If we build it...the non-believers will believe.  Then we have killed two birds with one stone and we aren't here wasting our energy on "how we reach these people" because the answer is literally right here in front of our faces. 

If people are here...they already believe.  Why not utilize them?  Why not lift up each other instead of reaching out to those who already have all their eggs tied up in a different basket?

To me, this OP could be much more effective for our cause if it were to ask the question "How can we build a broad-spectrum network of news agencies that out-compete the current ones in crypto?" 

The infrastructure is ALREADY here...if only people would come together instead of trying to go it alone.  There is a time to compete amongst ourselves--that time is not now.

I have a very different outlook which is fine. People can build internally or decide to wait for the big marketing push, I have no problem with choices. For me, I'm making the contacts as they appear. Do it alone? What do you think we've all been doing on NullStreet? Look at the weekly newsletter, there's no 'alone'. Coordinated efforts are developing because it's required. If I saw any type of formal marketing plan, I might have a different opinion. Until that project plan drops on NullStreet, I will get back to reaching out to potential contacts.

Marketing has already had a number of good conversations from companies we've contacted that might not have decided to contact us on their own. The writer wrote back, I will send follow-up information.  Everyone has a different approach, this is mine. As long as there's measurable results, the path doesn't concern me as much.
Title: Re: 5-most-important-virtual-currencies-other-bitcoin - No BTS mention
Post by: fuzzy on December 11, 2014, 11:34:40 pm
You are doing an excellent job hpenvy  +5% you definitely have the right mindset  ;)

Thanks. I know we all have different opinions on responsibility. I wish writers would do more research as Fuzzy mentioned, I just don't feel like we have the luxury right now. Bitcoin is challenging, the BitShares ecosystem from the outside tends to look like a hot mess. I encourage everyone to look for opportunities to make contact with writers. We want to build a list of people that look for excuses to cover our headlines rather than the other way around.  Someone mentioned some outdated information about Litecoin, that's an opportunity.  Hey xwriter, I was reading your article on the top 5 virtual currencies and noticed you posted some information that's no true about Litecoin anymore. A sentence or two and then a mention of BitShares would work wonders.

My outlook has always been that we should build our own content from the ground up.  Why beg, plead, bribe and "educate" cryptocurrency news outlets when we can build our own? 

Do we depend on outsiders?  or do we prefer to depend on each other?  To me...the choice has always been a simple one.   

We have weekly hangouts and I have expressly made them available free of charge for anyone who wants to create their own content based on them.  They can attend, record and report directly from our community server...

That coupled with initiatives like Null Street give us an amazing power that is largely untapped because we are too focused on reaching outside our sphere.  When we reach outside our sphere, we add an extra hurdle for ourselves--converting non-believers.  This is a huge barrier we don't need to concern ourselves with imho.  If we build it...the non-believers will believe.  Then we have killed two birds with one stone and we aren't here wasting our energy on "how we reach these people" because the answer is literally right here in front of our faces. 

If people are here...they already believe.  Why not utilize them?  Why not lift up each other instead of reaching out to those who already have all their eggs tied up in a different basket?

To me, this OP could be much more effective for our cause if it were to ask the question "How can we build a broad-spectrum network of news agencies that out-compete the current ones in crypto?" 

The infrastructure is ALREADY here...if only people would come together instead of trying to go it alone.  There is a time to compete amongst ourselves--that time is not now.

I have a very different outlook which is fine. People can build internally or decide to wait for the big marketing push, I have no problem with choices. For me, I'm making the contacts as they appear. Do it alone? What do you think we've all been doing on NullStreet? Look at the weekly newsletter, there's no 'alone'. Coordinated efforts are developing because it's required. If I saw any type of formal marketing plan, I might have a different opinion. Until that project plan drops on NullStreet, I will get back to reaching out to potential contacts.

Marketing has already had a number of good conversations from companies we've contacted that might not have decided to contact us on their own. The writer wrote back, I will send follow-up information.  Everyone has a different approach, this is mine. As long as there's measurable results, the path doesn't concern me as much.

I do not mean to say you are ignoring people or anything like that.  I am also not saying we shouldn't reach out.  I am simply saying that Null Street COULD be a place like Coindesk for bitshares.  I am saying I see no posts from the community talking about the vast amounts of content we already have in place that is not being used. 

I LOVE that you are making contacts and I think it is exceptionally valuable...but if we are expecting outsiders to be the ones writing these articles we are fighting an uphill battle where we do not need them!  How do we educate?  We educate with content.  Not by asking others to produce content (especially when they are more than likely invested deeply in other projects).  Of course you can't be expected to do this (write this content)...you are only one person and you are obviously very busy lately (awesome efforts, btw).

Please do not take this as a personal attack or an undermining of all the Null Street Marketer's efforts.  That is not what I am saying.  I am saying we have everything we need right here to educate (and as such, the OP would have been more effective if it would have focused on how we use bitshares' ability to bootstrap itself!).  The people currently writing articles will see little reason to join our cause until they have incentives to do so.  Those incentives can take the form of a carrot, or a stick (or both...which is likely the best route).

Maybe a delegate could be used to help pay content contributors? People who write articles could be paid a flat fee if they are accepted?  Maybe every month we have the community vote on which articles were best and they get a bonus payment?  (or better yet, maybe the articles that receive the most hits/comments ON NullStreet get bonuses)

In this way we bring outsiders in and (imo more importantly) reward all the people on our forums who have read through thousands of forum posts and spent hundreds of hours learning about this ecosystem...because they are experts!  Over time, they have no choice but to join us because if they do not, they will cease to be relevant.  Better yet, if they DO, they will be paid by a delegate that was voted in to pay for said content. 

Currently, it is people who run pump and dumps and manipulate markets who own crypto-media (and pay the current content creators).  We have an ecosystem that is truly different (and amazingly capable of ethically providing incentives).  LETS USE IT BABY!


Title: Re: Update from writer * 5-most-important-virtual-currencies-other-bitcoin
Post by: Riverhead on December 12, 2014, 12:43:40 am
A journalist delegate. Interesting idea. I like it. Donkypong is a published writer and I think others on here in the field would be good at reviewing paid copy.