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Messages - gamey

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331
General Discussion / Re: Why doesn't Bitshares do something like this?
« on: March 19, 2015, 01:24:43 am »
This becomes a problem when you have more developers than needed and who are being paid nicely.  Bitshares has neither, so it seems pointless except as a hype.  Yay a good c++ developer can make $1k a month (capped/max)..   I think it is good in that it opens the doors to people who may be on the fence about being involved. It is a nice invitation but it isn't going to pull people from outside their existing community.  I am not aware of an individual developer elected as a delegate who is poor value.

332
General Discussion / Re: bitUSD competitor Tether is now advancing
« on: March 17, 2015, 10:26:47 pm »
Quote from: jsidhu on March 17, 2015, 09:40:39 pm

Short run, has more volume and may make headway but longrun.. once hackers find a way or they have legal troubles then its back to square 1 for them.. i suspect its a shortterm play for them to get their money and run anyways.

Except that they're using fiat backing so hackers aren't near the problem.  Transactions like that can be reversed AFAIK unless you have a network of ATM users + cards at your disposal.  Not something a typical hacker would have... So in some ways, it could be safer.

Really you have to worry about theft without the hacked component. However thats true everywhere. Everyone claims they're hacked in these low margin businesses.  I just SMH.

Well I suppose hackers could issue more of the currency on external exchanges ... lol.  An hack that randomly inflates the money supply into the hands of thieves.

333
General Discussion / Re: What's happening with the price?
« on: March 17, 2015, 09:34:24 pm »
Quote from: TurkeyLeg on March 17, 2015, 05:02:15 pm
Could part of the disconnect regarding the desktop client be related to hardware? I have no problems running BTS and DVS clients simultaneously and they sync within minutes - but I am running them on a developer spec MacBook Pro...I'm pretty sure if I tried to run the clients on my T440 I would not have the same experience....


Sent from my iPhone using Tapatalk

Lots of problems.  Development is on Macs.  With laptops you don't have brownouts.  THe other day we had a cold snap and my desktop that runs the wallet crashed during a brown out.  Took me multiple steps and hours to fix it.  (Wallet was corrupted, had to reimport another one - after realizing and going through resynching the whole chain)  With a stable laptop you never have to deal with this.

Then there is SSD vs traditional harddrive.  SSD eliminates performance hit from seek times so spinning HD makes the problem even worse when it does occur.  It makes people acutely more aware of the problems.

It is a lot more stable than it used to be but it really is the type of program suited for a datacenter more than joe's desktop.

334
Beyond Bitcoin [closed] / Re: Suggestions/Questions/Criticism for our Website?
« on: March 16, 2015, 09:16:18 pm »
Yea that style of page anmation doesn't really grab people like it might have in the past.

The orange color is too loud and just ugly.  Your colors clash to me, but I'm not a designer or know a thing about color theory.

335
General Discussion / Re: Bter not allowing BitShares withdrawals due to unstable BTS wallet they say
« on: March 14, 2015, 04:16:50 am »

My guess would be that they had manual processing previously. Now they are migrating away from this and BTS wallet is so non-standard.

Early movement does not necessarily trump mistakes from not-invented-here syndrome.

336
General Discussion / Re: Darkcoin being rebranded as Dash; DAC NEEDED, "Foundation" & trademark issues
« on: March 12, 2015, 05:59:47 pm »
Quote from: kenCode on March 12, 2015, 11:55:01 am
I'm sold on all of it so far and am still learning new stuff every day. The wiki (even tho it's out of date in spots) has helped tremendously.
 
I have to get this back to my point, please:
If my new job was to convert companies like DHL, Darkcoin, Badass Coffee, Smith & Wesson and GroceryTown to DAC's, would this be possible?
 
A) Name the ways please that they could benefit from converting into a DAC.
B) Could they eliminate lawyers, cpa's, bookkeepers, employees, fraud/taxes, risk..?
C) Converting their employees to Delegates of their DAC?
D) Securing their assets? Their inventory? Their Staff?

Darkcoin itself could be seen as a DAC already.

Decentralization is a tactic that is used for a few key reasons.  One is to provide trustless computing.  (You don't have to trust any other person).

At the end of the day all a blockchain can do is move around transactions.  It is a ledger.  So it can contain either a store of value or something like votes.  (Which is also something of value kept in a ledger) 

All modern companies have some aspects automated a computer but they don't need a blockchain.  It is an added expense complexity for your typical company with little upside.  In fact, a grocery store or a gun store would likely want to keep a centralized solution and forego privacy issues with blockchains.

Glad you found the wiki useful... 

337
General Discussion / Re: Darkcoin being rebranded as Dash; DAC NEEDED, "Foundation" & trademark issues
« on: March 11, 2015, 10:13:37 pm »
I want to like darkcoin but their inflation rate is ridiculous. 

DACs can only handle the transfers of money and voting ..  I can't imagine how Darkcoin could use BItshares.

338
General Discussion / Re: Bter hacked. 720BTC bounty. JUA hopes Bter make come back soon.
« on: March 10, 2015, 06:48:07 pm »

Sounds like they are possibly coming through.  I'm glad to hear people will likely be getting their money back.  Previously in the absence of details I found it unlikely as it appears to be a stalling tactic. 'cooling the mark'.

339
Random Discussion / Re: Old mice
« on: March 08, 2015, 07:47:02 pm »

trackballs (my preferred mouse for work) have the same gunk if you feel left behind.

340
General Discussion / Re: Bter hacked. 720BTC bounty. To enable all altcoins withdrawals in a week.
« on: March 06, 2015, 09:58:57 pm »
Rumor has it they shut down the whole operation but marketing guys were given a most kind BTS severance bonus.

341
General Discussion / Re: Conveying the essence of bitassets graphically ?
« on: March 04, 2015, 08:19:27 am »
Quote from: arhag on March 04, 2015, 01:18:01 am
Quote from: gamey on March 03, 2015, 10:42:36 am

Our most key point is market pegged assets.  How do you convey such an idea using graphics?  Whether animated or static graphics, what is the most intuitive way possible to present the idea itself.

Yeah, I've been thinking about this. In fact, I posted the following on slack a few days ago:
Quote
I'm also really interested in how to visually represent the market peg mechanics (what I am imagining is probably better suited for animation though). Here is a rough idea of what I have been imagining. I would like to represent BTS as a fluid which can fill up beakers. Then I see this beaker sitting on a scale with a dollar bill on the other side of the scale. As the value of the dollar grows relative to BTS (show appropriate increase in the USD/BTS chart in background), the physical dollar bill enlarges and the scale tips in favor of the dollar bill. Then a hand holding another beaker filled with the BTS liquid appears and pours additional BTS into the beaker on the scale thus rebalancing the scale. The dollar then shrinks and the scale tips in favor of the beaker. The hand pours some of the liquid from the beaker on the scale to the other beaker to rebalance the scale. We then show how there are many of these scales with beakers all balancing against the dollars (with their corresponding off-scale beaker to back them). We then state that 1 BitUSD is a claim on any one of the beakers on the various scales and the short position is a claim on the other beaker. For the claim holders to get access to their respect beakers, however, the beaker on the scale needs to be replaced by the 1 BitUSD. The short position owner can do this swap at any time. For someone who is not the short position owner to do the swap they must either wait until 30 days has passed since the short was created (visualize a clock on top of the scale) or if the amount of fluid (BTS) in the off-scale beaker becomes too small relative to the fluid in the on-scale beaker (margin calls).

The point of the above is that I would like to take the market peg mechanics and visualize them with concrete objects and actions that are hopefully easier for people to grasp.

lol arhag you're a genius... one step ahead..  I will think about this some more.  I've always thought along the lines of market graphs and some sort of animated arrows but that is as far as I went.  It would be interesting to read the community's thoughts.

342
General Discussion / Re: Conveying the essence of bitassets graphically ?
« on: March 03, 2015, 07:38:03 pm »
Quote from: matt608 on March 03, 2015, 05:08:38 pm
For the animated explainer video I imagine using an image of a globe and images of the physical assets that BitAssets represent.  They could be shown to be 'switched' for the BitAsset equivalent (BitAsset icon used + pleasant sound effect), liberating them from their existing limited transmission channels.  Physical gold is now tradable as a digital currency.  USD in a bank is now tradable as a unrestricted cryptocurrency.  They could be shown to flow around the world in an unrestricted network looking a bit like a cloud but with legs (lol).   It's about showing that BitAssets are a parallel financial system running free and global, alongside and in comparison to existing more 'compact' networks where there are lots of rules and lack of service to half the world (visualised also as more limited + rigid networks on the same globe).   The national lines on the globe could then then erased, or shattered, symbolising the world gaining financial freedom.  It could zoom in to a location and say 'now you can send money from x location to x location as easily as if you were neighbours.' (or something) Then it could out again and the globe image could change to become a brain, where the BitAssets are a new layer of a brain being grown, where the 'matrix' of the financial system is thickened, as a service for all humanity is born.  'Money just got smarter'.

The BitAssets could be portrayed as a shiny new asset class, they could be put on flags and show images of crowds marching under them (a civilian revolutionary "march" rather than military), to symbolise the 'it's a movement' aspect of crypto.

Just some ideas.  I'll put this in the video production thread on nullstreet.

Not a bad idea... I don't think we need to put everything on nullstreet.

I like the idea of various assets being put on a spinning globe in little prisons.  Then the prisons break away and the assets are mutated from like USD to bitUSD ... then they fly from the globe's prisons to either a blockchain and/or computer network.

That is a good explanation of why you might like bitshares, but it doesn't explain how we are different with collateral and counterparty risk.  That is actually what I was trying to implement in my head.

343
General Discussion / Re: Bter hacked. 720BTC bounty. CNY, USD, NXT assets withdrawal. To rebuild backend
« on: March 03, 2015, 07:31:17 pm »
Quote from: klosure on March 03, 2015, 03:52:45 pm
Quote from: gamey on March 03, 2015, 09:38:41 am
Quote from: klosure on March 03, 2015, 07:45:37 am
Quote from: cube on March 02, 2015, 05:37:21 pm
We decided to work with our partners to rebuild the backend platform, completely resolve the wallet issue, reactivate bter operation.
Translation: BTER was sold, and of course next owner wants to keep the exchange running. That someone would pick such a low handing fruit was a no brainer: you'd really have to be short-sighted not to see the tremendous value in BTER :).

It is beyond amusing that you think that a DAC should take up the remains of a insecure centralized exchange.  I don't even begin to understand how you think that would work.  All those different coins and addresses, someone has to make sure it is straightened up going forward.  Who would fund and manage this?  I guess the bitshares devs would drop working on bitshares to finish cleaning up the bter mess??   Yea, so much value... value if you want to steal the coins.
When  you buy a company you get the staff with it. If the company is profitable like BTER is it pays for its own staff. I already explained the details higher in the thread so I am not going to waste time beating a dead horse. Just wait and see BTER resume operation as a SuperNET gateway and you'll understand what I meant earlier.

I agree about dead horse, but if bter was so profitable it wouldn't need a buyer...  just saying.  You can't just trust the employee's of a foreign bank without any oversight.  It would just be asking for it. If a buyer got the existing employees, then they shouldn't shutdown withdrawals either.

344
General Discussion / Conveying the essence of bitassets graphically ?
« on: March 03, 2015, 10:42:36 am »

Our most key point is market pegged assets.  How do you convey such an idea using graphics?  Whether animated or static graphics, what is the most intuitive way possible to present the idea itself.  If you can quickly convey the benefits of bitAssets then you can quickly transition the brainspace into the utopian market that we are trying to realize and is key into capturing the passion of new users.

345
General Discussion / Re: Bter hacked. 720BTC bounty. CNY, USD, NXT assets withdrawal. To rebuild backend
« on: March 03, 2015, 09:38:41 am »
Quote from: klosure on March 03, 2015, 07:45:37 am
Quote from: cube on March 02, 2015, 05:37:21 pm
We decided to work with our partners to rebuild the backend platform, completely resolve the wallet issue, reactivate bter operation.
Translation: BTER was sold, and of course next owner wants to keep the exchange running. That someone would pick such a low handing fruit was a no brainer: you'd really have to be short-sighted not to see the tremendous value in BTER :).

It is beyond amusing that you think that a DAC should take up the remains of a insecure centralized exchange.  I don't even begin to understand how you think that would work.  All those different coins and addresses, someone has to make sure it is straightened up going forward.  Who would fund and manage this?  I guess the bitshares devs would drop working on bitshares to finish cleaning up the bter mess??   Yea, so much value... value if you want to steal the coins.

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