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General Discussion / Re: Decentraliced Dice Game is a awsome idea!
« on: February 01, 2015, 01:38:48 am »This is a bad idea. Professional investors and traders want to be able to go to a site like this and manage their accounts. They will be turned off if they see a tab for candy crush. IMO, if bitshares is to be a replacement for the nasdaq, then this should be the end result: to have a professional trading site where end users have complete control over their assets with as much security as possible. I realize getting this right is tricky and will take time, but distractions such as these games are unnecessary.
I have always thought of crypto projects as a "you build it, they will come" model. Look how far bitcoin has come with no (or very little) marketing in the beginning stages, and arguably negative marketing with the allegations of ponzi scheme, beanie babies, tulip bulbs, terrorism, child pornography, ect, ect, ect. Marketing at this stage is largely unecessary.
IMO you guys are panicking because the price is down and you put too much emphasis on your ranking on coinmarketcap. Bitshares adoption and price is naturally progressing at a nice pace. Going from essentially 0 to to a market cap of $25 mil in 1.5 years is phenomenal, and the project is nowhere near ready for mainstream yet. Yes it hit $100 mil and corrected, but that is completely normal for a market and cannot be avoided. Just look at early charts of Microsoft or Apple. They had many rallies followed by long, drawn out corrections. Everyone knows how volatile bitcoin has been over the years. Markets move in cycles and IMO we are near the bottom of a cycle in crypto right now. Prices and adoption should begin to rise and along with it more investment and higher pay for delegates. This technology is too important for you guys to get distracted and not focus on the big picture. Bitshares has the potential to be a global game-changer. Don't get frustrated by a down cycle and start thinking that something is wrong or that silly games need to be added to the trading interface. Perhaps build a separate client for games and gambling or another chain if possible, but keep bitshares as a pristine, trust-minimized value storage and transfer network. I have personally given my investment in this 2 years to show good progress because I realize Rome wasn't built in a day and it is going to take time to make this happen. Ignor all the negativity and focus on the task at had. The global implications of this project are too important.
/rant
If you look at the numbers or analyse how Bitcoin gained adoption you'll see the huge role gambling played and continues to play. Up to last year gambling accounted for up to 50% of all Bitcoin transactions too.
Our BitAsset growth is fairly stagnant, by all measurements PLAY will rapidly dwarf BTS if they offer gambling. Unlike VOTE & BitShares inflating which I tried to talk everyone out of and if anything have a 5% annual fee on unclaimed stakes, in this case there's potentially the option to divest into PLAY at least so it's not the end of the world for me if people don't get this.