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Messages - gamey

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301
General Discussion / Re: Looking to become a programmer, insight appreciated!
« on: April 13, 2015, 11:36:24 pm »
Quote from: Princelucky on April 12, 2015, 07:24:43 pm
Wow, this thread is incredible!  Thanks tsaishen for your reply, it is truly great stuff, and I was able to deduce invaluable insight from it.  :-)  Thank you Thom and Bytemaster for your advice as well.

I am interested in programming AI and will be pursuing that once I've gathered the more basic of skills.  I think C++ is probably the right tool for that application.  I'll check out css, html, and Java per your recommendation

neureal.net is an interesting blockchain application.  An alpha level testnet was just released but the point is that you can record your AI results on a blockchain in a contest/sponsorship.  A marketplace for AI agents.  So as a programmer you could be paid to write java AI if your results are the best. That sort of thing.  It is at very early stages though but perhaps could be of interest to you later on.  The first datafeed prediction is BTC price, so if writing AI that predicts the BTC price is appealing it might be worth considering as a starting point.

302
General Discussion / Re: Traders and investors are the most important userbase, not merchants.
« on: April 13, 2015, 07:35:26 pm »
Quote from: Volker on April 13, 2015, 10:20:55 am
Quote from: gamey on April 13, 2015, 07:14:02 am

IMO the main problem seems to be that all market making is pegged to BTS which is pretty much a wildcard. So to be more than a mere gambler, one has to understand both markets.  That just seems to be asking too much.

Huh? If you're trading bitUSD:bitBTC, then you don't need to know anything about the BTS markets. You can focus on any pair. If you don't understand BTS, you don't need to trade BTS.

To create bitUSD you need someone taking both long and short positions.  I call these people market makers.  It seems to me that the price of BTS is just as important as the other side of the pair.  So even if I feel like I can predict the price of gold, silver, etc I am not sure one can predict the price of BTS.  Without market makers there are no assets created.

I assume BTS can be removed from the equation but that is not readily available and adds even more complexity.

Also, I was not talking about the average user experience.  I'm talking about the guys who are shorting the assets into existence etc.  The whole system is dependent on these people.  My point has nothing to do with someone having a choice.  It has to do with the system requiring these people so the bitAssets are created while putting these people in a position that may not be economically sustainable.  (Does that make sense?)


303
General Discussion / Re: Traders and investors are the most important userbase, not merchants.
« on: April 13, 2015, 07:14:02 am »

IMO the main problem seems to be that all market making is pegged to BTS which is pretty much a wildcard. So to be more than a mere gambler, one has to understand both markets.  That just seems to be asking too much. Infact it might be such that only the manipulators can win at this stage because of all this stuff. All I know though is that being a successful market maker is a hugely complicated task and thus it is hard to build markets for bitassets.  Perhaps if somehow everything is calculated in relation to each other and not vs BTS ?

The other problem in general is that everyone wants to pontificate about who we should target.  Everyone has an opinion, everyone is a great thinker. The problem is not enough doers.  BTS lacks both merchants and traders!  Only way to get traders is likely to have a fairly stable and predictable BTS.

Merchants?  Why bother with small market cap and API that is distinctly different ?  Oh bitAssets... Where can one see a simple 2-4 minute video that cuts to the core concept and why it is superior?  Anyone know?

Will there ever be a video explaining what makes bitAssets special vs IOUs?

BUT If you want to give it a shot, you just gotta pony up a bit'o'bts and give her a twirl.  Maybe you'll be voted in ! The best marketers are those who get the job !!  --- Remember that !

my 2 cents.

304
General Discussion / Re: Power of the community: Price recovery action 1
« on: April 06, 2015, 06:02:32 pm »
Quote from: Akado on April 06, 2015, 03:41:02 pm
My only problem with the "non-merger" option is actually the resources we have. We don't have a dev team that big. Imagine that spread over 3 DACs.. progress would be so much slower, we probably wouldn't have nothing to show by now. If you think the BitShares client is taking too long, imagine having the team working on that divided in 3 or more. We don't have the luxury to waste resources and time on other DACs at the moment.

I'm not saying the merger didn't have an impact. It certainly did, obviously and honestly I'm still divided between the 2 options, but think about it for a moment, where would you be now with a dev team divided and working on different projects? You wouldn't have the same focus, things would be much slower and like I said, at the moment we just can't have that luxury if we want to stay on the game. We don't have the time, the resources or the money to do that.

We would have significantly more resources if the price had stayed higher. DNS may have kept a market cap close to that of namecoin. Toast could have likely hired other developers. No one really knows.

The difference between BitShares and other "coins" is not that significant. DNS was a DAC with an immediate demand and little competition.  What competition it did have has 0 ways to fund itself.

Bitcoiners would not necessarily be threatened by it since it was not a competing currency, but more of a pure DAC.  Oh well.

305
General Discussion / Re: Power of the community: Price recovery action 1
« on: April 06, 2015, 02:54:51 pm »
Perhaps others can learn from these mistakes.

I don't think DNS's bitassets were ever going to compete with BitShares.  You can have someone telling you that, but look at the liquidity of those markets in the past 1/2 a year.  I don't even think DNS would have used bitassets. There was too much important stuff being done that BTS is not even touching.  There are not that many businesses a DAC can actually do that are nailed so wonderfully like DNS and related services.

See everyone talked about how a merging made sense in a general business sense... "network effect" they all say .. but they appeared to forget why the D and A in DAC are useful.

306
General Discussion / Re: Is this BitShares wall paper worth putting on cryptofresh.com for sale ?
« on: April 06, 2015, 06:54:32 am »
+5% for povray throwback.

They have a certain surreal aspect.

307
General Discussion / Re: Power of the community: Price recovery action 1
« on: April 06, 2015, 06:32:06 am »
The few Delegates that were 'outright frauds' or whatever were found out very quickly and received minimal free BTS in the grand scheme of things.

The Delegate system might have problems, but they're not that severe.  Reversing them at this point would likely have a negative effect.

Newmine likes to sit around and complain about anyone who does work for money but has likely done nothing himself. His views border on absurd if you were to actually take them that seriously.

This is an interesting discussion, Shareholders need to have it in order to keep on top of things.

308
General Discussion / Re: Research Help
« on: April 05, 2015, 07:06:43 am »
Make real anonymous transactions or something obfuscated enough that a unsophisticated third party can not analyze  then perhaps you have a chance to turn it around.

309
General Discussion / Re: BitShares Peer to Peer Tour - USA, Spring 2015
« on: April 02, 2015, 08:38:01 pm »

You just need a real grill on the car's bill to make your own roadkill.

310
General Discussion / Re: Is BitShares considering the integration of Open Transactions (OT)?
« on: April 01, 2015, 03:14:49 pm »
And they would integrate it to do what exactly ?

If BitShares was going to do something crazy drastic, then they'd be better off making true anonymous transactions.

311
General Discussion / Re: INVESTORS: You might wanna get in to BitShares and QUICK
« on: March 29, 2015, 07:34:35 am »
Quote from: kenCode on March 29, 2015, 07:26:11 am
Quote from: Tuck Fheman on March 29, 2015, 12:29:32 am
So Ken, you fixed your wallet issues I guess?  ;)

Sadly, no, but that's because my computer is on its last leg. It overheats when trying to sync the blockchain.
I've bought BTS via MetaExchange that I haven't even verified yet in the wallet itself.
When 0.9.0 is out, I will install it on Linux, wait till about 2300 and take the laptop outside where it gets cold as hell at night and let it sync up out there. It takes like 3 hours. It'll work, it's just a pain in the arse tho.
 
I'll buy a new puter once the BTS price hits 3 cents.
Oh yeah, and more flowers for my incredibly patient wifey. :)

100% true the 64bit dogecoin wallet turns off my desktop.  No events explain or warn.  thought I had a hardware problem and I was quite bummed but then realized it only happens when I run the Doge wallet. so if that makes anyone feel better about the Bitshares wallet then I have done my part. And no I'm not investing in doge.




312
General Discussion / Re: A marketing idea? Whitepaper? Strategy? request? Either way I think its is gold.
« on: March 27, 2015, 05:05:00 am »
Does no one think it will cause problems when your account is permanently flagged as being affiliated with a different 'introduction' account?

In general this can be very powerful and I think Max is totally right, but you're going to add a whole new layer of data that can be analyzed.  Maybe it isn't a big deal to know that you were introduced to BTS through person X, but it really is getting away from the ideals. 

And if you guys don't think anonymity is important, you have not been paying attention to the crypto-space. 

Dark/Dash passed up BTS because of 2 things, having a mined coin which provides a group of retards to be your fanboys.  The second is that people really want their crypto-coins untraceable.  Well a third one is they may have had a large premine which incentivized the early guys to keep at it ... and they did it properly.

 

313
General Discussion / Re: A marketing idea? Whitepaper? Strategy? request? Either way I think its is gold.
« on: March 26, 2015, 09:40:52 pm »
Quote from: Stan on March 26, 2015, 07:25:13 pm
Egad Brain!

Those are all good points, but the A-word and the P-word will be applied to us by the trolls no matter what we do now.

Let's not let them set the agenda. 


What words ?  removing Anonymity and Privacy?  Or using Affiliate and Pyramid?

314
General Discussion / Re: A marketing idea? Whitepaper? Strategy? request? Either way I think its is gold.
« on: March 26, 2015, 06:47:27 pm »
Quote from: matt608 on March 26, 2015, 01:37:25 pm
I proposed this in November - generating referral link from within the client.   Earn (part of) the fees of whoever signs up via your link.

I've either thought or proposed a similar thing but realized the idea isn't so great because it has huge problems with privacy.

315
General Discussion / Re: BTS price, where is the bottom? Prediction: $15-18 million.
« on: March 23, 2015, 09:48:07 pm »
I'm too lazy to look it up, but coinbase has far lower overhead than this.  You then take your BTC to btc38 where spread will be reasonable.  I think that adds .1% 

Actually the btc markets are crap on btc38, so go to cryptsy and look at trade volume. Polonex would work. Regardless, the whole process should not be over 5%.

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