Upgraded.. works good.. 

"If you get enough people behind a system, the system actually ends up being the system"

Keep up all the fearmongering folks.. only helps me buy more BTS!!!

I'm taking all the sour grapes of you complainers and turning it into fine crypto wine.. 

Sooo keep it come'en with all your doom and gloom.. only fueling my fortunes. 

Quote from: luckybit on March 17, 2015, 07:02:25 pm

Is NXT inflating the shares?

I'd say it's very easy to manipulate the crypto markets right now.
The volatility is low which can cause knee jerks if someone does a pumpndump.
Looking at coinmarketcap reveals a flatline of percentages in either direction.
 
Inflating shares can be quite easy right now.
 
Lord Rothschild said it best a couple weeks ago with zerohedge:
"we are faced with a geopolitical situation as dangerous as any we have faced since World War II."
"equities are not well supported by current valuations"
"exposing equities to a potentially sharp correction"
"we expect to see in the next one to three years" - here he is saying be calm. he has to give a timeline. so in other words, we may have less than one year before the "sharp correction".
 
Those of you who got in mid last year are probably very antsy by now.
You know exactly how valuable the Bitshares technology, offerings and philosophy is.
If you're not buying BTS right now, even if it hasn't hit the absolute bottom, you're missing out IMO.
 
There is no longer any doubt in my mind that DPOS and Bitshares/Bitassets are our white knight.
As soon as an HD mobile wallet is out, wallet.bitshares.org includes 2FA and Moonstone is rockin, I'm putting 90% of everything I own in here. I'll retain some PM just in case they make crypto illegal too, or proxy out the crypto websites or something. Worst case, u know.
 
If you are an awesome coder, please assist the guys on Github. Every little bit helps.
  https://github.com/BitShares/bitshares/issues
If you like social media, get every social site (i have an xls of 326 sites) linked to wallet.bitshares.org
If you like politics for some reason, contact every elected Rep you can and let them know about bitAssets.
If you have connections in banking, walk them thru the wallet.bitshares.org site.
If you enjoy sales then show every centralized exchange why/how they can upgrade to the Bitshares platform.
If you work with the media (alt or msm) show them the bitshares.org site.
Investment/asset/fund managers.. Show them https://wallet.bitshares.org/#/markets
If you want to see certain features, start a forum thread and detail how it should work, where it appears, etc.
If you have a friend in a poor, oppressed country, send them to wallet.bitshares.org
 
This is the time to buy in. Right now. This is *enough* of a bottom for me. The number of shares you buy won't change. They're value might go down for a few months until the suppression becomes more difficult, but realistically, we'll all be seeing growth and profits in less than 9 months from today. You won't get another chance like this to buy in at such a low price. That goes for all the cryptos, not just BTS and bitAssets.
 
Bitshares has become my white knight.
My hat's off to the Larimer's and Delegates who are workin their frikn booties off right now fixing and adding.
Thank You all for this, from the bottom of my heart, thank you.
 
Peace thru Crypto

Well said.. 

"There Can Only Be One"

or

"Got Stake?"

or

"I Climbed Everest, and All I Got Was 1 BTS"

paging @xeroc

I think all the statements are pretty close together in that they say similar things that most people would agree with on all three.

I see A and C options as politically charged statements that cater to or romanticize certain idealism in association to BitShare on a far from center pendulum swing. They pigeon hole the why of BitShares to a certain segment. Where B is a more generally inclusive and balanced statement.

The soon to arrive UIA features will allow whitelisting and recall of UIAs which will allow companies to legally IPO on BitShares saving them huge costs associated with traditional IPOs.  This feature could be more useful than BitAssets, which this stage are limited by low liquidity and lack of gateways.  IPO in a box is an in demand service and its birth may call for a change of marketing strategy. 

Questions (some are quite specific, others open for general discussion):

1.  To buy shares in an IPO people need their identity verified.  Who will do the identify verification?  (itnom from moonstone mentioned on mumble they are looking being an identity verifier, is that for IPO whitelisting purposes and what's the ETA?).
2.  In the US do you need to be an 'accredited investor' or can anyone buy in providing they are verified?
2.  Is an animated explainer video for the IPO feature (directed at businesses) of more value than an animated explainer for BitAssets?
3.  Should IPOs on BitShares be the focus of marketing, moving BitShares into a B2B service, away from targeting the consumer with BitAssets?
4.  How do investors buy issued shares directly with fiat?  Will this feature also be limited by onramps?  (the income from the IPO is from the short-name UIA registration fee, so buying directly with fiat by passing BitAssets is ok, the DAC still makes a profit).
5.  As shares will only be able to be purchased by verified buyers, after purchase can the shares only be re-sold to other verified buyers or can the verified buyers sell them to anyone? 
6.  Is it the share that is whitelisted after selling to a verified buyer (giving freedom to be re-sold to anyone) or the buyers account that is whitelisted? (allowing transfers only to other whitelisted accounts).
7.  DACx is functioning as an identity verification service for China, could it expand to allow identity verification from the US + elsewhere? 
8.  How does this work internationally?  If a UK company wanted to IPO in BitShares, who will do their investor identity verification?  The more countries the investor pool can be drawn from the better (more IPOs will happen on BitShares if more investors can take part, due to the proposition then being more attractive to businesses).
8.  Aren't dividends a required feature for this to be useful at all?  When will that be implemented?
10.  Who will consult with the business clients? 
11.  The whole process needs to be streamlined and intuitive for businesses doing an IPO and for investors.  Is there a IPO primer document for businesses?
12.  What else needs to be ready for IPO's on BitShares be ready to be marketed (B2B)? (e.g. gateways, identity verification services, dividends feature, web-wallet market activation, primer doc?)
13.  Which other cryptos can do this?

You are venturing into an area that I have spent months deciphering on my own for BunkerShares.

To give you the short general answer.. it doesn't matter if it's decentralized.. a security is a security.. and if you are going to sell securities, TO Americans or as an American.. you need to be registered with the SEC. That registration process costs tens of thousands of dollars.. there have been several cases of people who used bitcoin in similar manner and are now paying the price. Not even just big operations either, they have gone after small outfits just the same.

This isn't just about the US either.. pretty much any western country with trading/financial laws will have similar standards.

The UIAs and those management features while they are wide open now, are meant for big companies to utilize for that purpose.

Regarding your dividen question.. this is usually done only by mature older companies, not new startups.. therefore not really a necessity as we are not likely to have the likes of Nike and IBM using Bitshares UIA anytime soon.

So with all that said.. I would say UIAs in the upcoming version are really going to pose some interesting questions for everyone in terms of how they are used in a 'safe' way.

For this reason.. I have choosen not to treat UIAs as a security, but rather as a type of token.. kinda like what Chucky Cheese Pizza has done for many years already..



By creating this internal currency you can do some interesting things depending on your offering.

I am nearly ready to run with BunkerShares.. when it's all over I hope to put together a sort of case study for UIA and what kinds of things are needed, what challenges I faced and all that fun stuff. After that I might be better suited to answer more of your questions. These are just some of what I have found so far..