Sorry Adam,

I bought some with better terms than - 'You send first'.

I am still open to offers - BTSX for LTBcoin deals though.

usually you would make a counteroffer rather than just talking and ignoring PMs - you said you were trading btc for btsx.  I have BTSX in the quantities you were looking for and accepted the price you said was good.  I said prices wernt real, looks like I was right lol.   Where is the demand?

You guys have wasted enough of my time, let me know when you're ready to trade.

I guess 2300 BTSx was a good price for LTBc

Quote from: AdamBLevine on July 20, 2014, 01:50:05 pm

Quote from: CLains on July 20, 2014, 10:17:22 am

At least there is little value in fooling ourselves that non-transferable is some magic property of the names preventing the rational from squatting. The only thing required to be a perfectly rational and efficient merchant of names in this system is to acquire and maintain a certain level of trust and accountability.

Doesn't it seem more likely people are just assuming that names are transferable as in most systems since they're not obviously told in the software?  In order for economic incentives to work properly, people have to know about them.  Right?

when creating an account maybe it would help that the system mentions that names are not transferable...

Exactly. 

We don't know if making them non-transferrable will work to prevent squatting because the people who it is supposed to warn away from this behavior do not even know it does not help them.  Which is pretty consistent.

someone suggested 'leasing' out names you own ...

Ok... So you would rather it be profitable for someone to go down and buy every single name and then lease them via a website?

I don't think that solves the problem, there needs to be a barrier to entry from getting a bunch of names and making it profitable will make the problem worse not better.

I don't know a solution to the problem, I rather liked the idea that it would take a days worth of processing power from a normal computer per year.

Quote

Further though, what happened to pre-reserved names in the blockchain for founders?  I was able to register at least two of mine and I'm at a loss to figure out exactly how our founder IDs are connected any more.

Anyone who registered their keys through the convoluted keyhotee process is in there. You can use "wallet_import_keyhotee" to get access to them, though I'm not convinced it works for all brain keys, in which case you can export your private key from Keyhotee proper and import it directly.

(I got "nikolai" in there but never got a founder for "toast").

So I guess if I can reserve one of my names now, It's not reserved by a founder and I also don't get the AGS (or BTS) that was allocated to it?

why not list it as a deflation rate?  I find the stats very confusing, and your explanation contradicts bytemasters who says income and expenses are averages.

Right, I guess I just don't understand the economic aspect of it. Ok so by creating an asset what is in it for you and how do you make money as the issuer of the asset.

Once you have a token, it can be traded (in theory) and can be made valuable by the person creating it.  Like our LTBcoin rewards program, which you can read about at http://ltbcoin.com

I was able to create an asset quite easily

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