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Messages - merlin0113

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31
Actually we wouldn't even need the functionality in VOTE, we have the ability to do stake-vote on chain right now via the delegate slate hack but making it usable was never made a priority.

VOTE and DNS should be understood as killed and the merger should be understood as buying out post-feb28 AGS/PTS holders. This leaves the 30m BTS stake for adam which has effectively been repurposed as a marketing fund.  (edit: but that's just my opinion, mind you)

Ask me why proposals keep getting swept under the rug and then interpret my lack of response however you want.

You would know better than anyone outside the project. I guess that's why you are on Music now? Good luck.


Big change, maybe we could cover this tonight on the mumble.

32
I'm tired of trying to convince this community that having a customer base is critical or that the best time to acquire a business is when it's on the verge of failure. Dilution has been abused for all the wrong reasons but it won't be allowed for a good reason. Delegates are abused for all sorts of superficial matters but it won't be allocated to meaningful business moves like acquiring a customer base.

This the the second proposal I make that goes nowhere due to a total lack of perspective here. I proposed bridging Ripple to Bitshares to bring in liquidity and would have happily developed it myself but was opposed with libertarian rethoric that Ripple is centralized and bank friendly and therefore evil (nevermind the liquidity). Now people seem unable to see beyond the superficial of a failed exchange to look at its assets (nevermind the customer base, the liquidity, the ecosystem and the infrastructure).

This community really lacks business accumen and seems content maintaining the status quo. So be it. I wish you people all the best.

Klosure..Noone said not to do it. In fact I said Do It!  (Not that my opinion should matter if you intently disagree.

It does not sound like you are here wanting to take the risk though. ..
It feels more like you are expecting everyone to be 100% for this.   It isn't going to happen...if that is what you are waiting for.

Yes you said do it, and you said many other things also. So what?
Are you post this to claim Klosure is not capable of understanding your point?
Oh, please stop to post like this to HURT Klosure even more.
My respect to Klosure and to many Klosures in the past.

I am not sure what you mean.  Would you like to join me in mumble for a few?

My point is perhaps communicate skills. I'm with you on many many issues fuzzy, even on this buyout one. But often you are a bit offensive and a bit lack of respect of others. actually maybe it's the whole community "problem". I'm a little picky on you, because I have high expectation on you. Sorry for confusion。

33
VOTE and DNS should be understood as killed and the merger should be understood as buying out post-feb28 AGS/PTS holders. This leaves the 30m BTS stake for adam which has effectively been repurposed as a marketing fund.  (edit: but that's just my opinion, mind you)

That sounds about right. And as it should be. What is the point of screwing around with low value (and difficult, time-wise, to establish) services like VOTE and DNS when the cash cow (BitAssets) are apparently not even yet ready to gain adoption?

Ask me why proposals keep getting swept under the rug and then interpret my lack of response however you want.

I'm curious why you think proposals are a huge priority? By the way, are you talking about binding proposals that allocated diluted pay directly, or improving the client-side features of the delegate slate negative int hack for non-binding proposals which inform everyone (particularly the delegates) of what the shareholders want and thus allow the delegates to direct funds captured from the existing delegate pay system to make those proposals happen?

Either way, it doesn't seem like it should be a priority at the moment. People would use the proposals to all say the same thing: we need a stable lightweight wallet, we need liquid bridges, we need a lightweight wallet with exchange support. Until then, there is little hope for BTS price to recover, which means there is little hope in having enough resources to pay for the development of any other proposals the shareholders could possibly want.

^^ This  +5%

Despite wallet using experiences and lack of viable light wallet, BTS is already a viable product in my opinion.
As non devs, we need to do something like Rune, Method-X, DACx, tradebts.com, shapeshift, elamto, cass did and still doing, their hard work directly add value to BTS project.

34
I'm tired of trying to convince this community that having a customer base is critical or that the best time to acquire a business is when it's on the verge of failure. Dilution has been abused for all the wrong reasons but it won't be allowed for a good reason. Delegates are abused for all sorts of superficial matters but it won't be allocated to meaningful business moves like acquiring a customer base.

This the the second proposal I make that goes nowhere due to a total lack of perspective here. I proposed bridging Ripple to Bitshares to bring in liquidity and would have happily developed it myself but was opposed with libertarian rethoric that Ripple is centralized and bank friendly and therefore evil (nevermind the liquidity). Now people seem unable to see beyond the superficial of a failed exchange to look at its assets (nevermind the customer base, the liquidity, the ecosystem and the infrastructure).

This community really lacks business accumen and seems content maintaining the status quo. So be it. I wish you people all the best.

Klosure..Noone said not to do it. In fact I said Do It!  (Not that my opinion should matter if you intently disagree.

It does not sound like you are here wanting to take the risk though. ..
It feels more like you are expecting everyone to be 100% for this.   It isn't going to happen...if that is what you are waiting for.

Yes you said do it, and you said many other things also. So what?
Are you post this to claim Klosure is not capable of understanding your point?
Oh, please stop to post like this to HURT Klosure even more.
My respect to Klosure and to many Klosures in the past.

35
I'm tired of trying to convince this community that having a customer base is critical or that the best time to acquire a business is when it's on the verge of failure. Dilution has been abused for all the wrong reasons but it won't be allowed for a good reason. Delegates are abused for all sorts of superficial matters but it won't be allocated to meaningful business moves like acquiring a customer base.

This the the second proposal I make that goes nowhere due to a total lack of perspective here. I proposed bridging Ripple to Bitshares to bring in liquidity and would have happily developed it myself but was opposed with libertarian rethoric that Ripple is centralized and bank friendly and therefore evil (nevermind the liquidity). Now people seem unable to see beyond the superficial of a failed exchange to look at its assets (nevermind the customer base, the liquidity, the ecosystem and the infrastructure).

This community really lacks business accumen and seems content maintaining the status quo. So be it. I wish you people all the best.

I share your  frustration. At least you tried, and tried hard.
It's kinda funny that people who seldom(or reluctant to?) use the bts wallet has so much followers in the community.

来自我的 M040 上的 Tapatalk


36
General Discussion / Re: [ANN] Our New Website Is Live!
« on: February 19, 2015, 10:51:04 pm »

Pls remove the rate of bitcny/cny,bitusd/usd,etc. on the topside of front page. I think its very misleading, not to mention where you grasped this data in the first place.

I never wanted to it display BTS vs BitBTC or USD vs BitUSD.

I thought showing BTC : BitBTC and USD : BitUSD was a great idea.  Market pegged BitAssets are the main thing we have that other altcoins don't.  Showing that the peg works, front and center on our website, is a concise statement of our value proposition and our product's identity.  Of course we can maybe do a better job of explaining what the data means and where it's coming from, maybe in hover text or a link when you click on it.

Just showing the price of BTS : BTC -- you can go to coinmarketcap.com and see that kind of chart for hundreds of altcoins.  A BTS : BTC price graph doesn't say anything about what makes BitShares special.

Thank you!

BTA's price is pegged, period. This is the mechanism. This is why tradebts.com running its business on.
BTA is not designed to be speculated to achieve its peg, it's a intrinsic nature. You know why, right?

37
Wall street bailouts led to the biggest rally in the us stock market in history... I know many of you are zero hedge tinfoil hat people and think it's rigged, but you are rich if you bought stocks when the banks were bailed out.

Wrong.  You would be rich if you had bought bitcoin when the banks were bailed out.  You would not have even tripled your money in stocks.  Google the greatest stock market rallies in history.  This one is not it.

Not here to argue what the greatest investment in the world was from 2008 onward... Just saying the bailouts led to a huge rally in stocks and maybe a bailout here would lead to a similar result.

Well I will down vote a bailout delegate and I am sure others will to.

Exactly, we can always do that.

来自我的 M040 上的 Tapatalk


38
新用户好像可以刷小号

来自我的 M040 上的 Tapatalk
没意义,没有交易量的小号再多也不能提高受托人收益

听起来不错。不过此机制会不会产生一个新问题,这种高收益的受托人如果作恶了,会不会不容易被选下来?

来自我的 M040 上的 Tapatalk


39
新用户好像可以刷小号

来自我的 M040 上的 Tapatalk


40
I think to reach a full consensus is impossible, and you are just a one among many. So stop using this ruling tongue.

I don't understand what you mean.  What ruling tongue? 

I'm confused.

Just let everyone to feel comfortable to discuss within this community. We lost many decent people already due to this very reason.

41
Updates from @btercom:

Quote
CNY and USD withdrawals will be enabled first in these days and the crypto-coins (NXT etc)will be handled later when we make sure it's safe.

Quote
We are seeking all ways to compensate our users including selling http://BTER.com  (Debits & funds not included): admin@mail.bter.com
Seems that the BTER funders are wiling to litterally give away the business and all assets including domain name to the bidder who will give the best indemnisation to victims of the hack. It means that we should be able to do a partial bailout and still get to take over the BTER brand.

I have a new proposal. I'll develop more on that later, but here is the outline:
We create a bailout fund that will be funded by N delegates. Each time the fund receives delegate payments, it bugs bitBTC and airdrops it to BTER users who registered on Bitshares prorata of their lost BTC holding. This is litterally a vested bail out fund but the vesting schedule is dynamic and adjust with the BTS exchange rate.

No delegates. 

I do not support delegates because this forces people who are obviously against this idea to pay for something they hate.  I do not want to trade a user base over at BTER (who might simply bail and go to a competitor after they regain access to their funds) for an already loyal COMMUNITY here.  This is where you have lost me. 

Let people buy in if they want to.  Get contact with BTER, I'll reach out and help you, but you lose my support as soon as you try to get delegates voted in for this.

I think to reach a full consensus is impossible, and you are just a one among many. So stop using this ruling tongue.
IMO, it's not a good idea or at least too bold to buyout bter at the moment. Maybe we should try to persuade bter to be a BTS gateway and by the guarantee them to be a major recognized and supported gateway of our community, ok, maybe coupled with a small check to help them.
Being a gateway won't affect much when they unfortunately get hacked again.
Since this is supposed to be beneficial to the community, so I doubt if this small check should go to the ones making this happen instead of the whole commuity(diluted delegate pay) or I3(AGS fund).

42

As for a "bailout"/"buyout" I have no clue why people even care what others choose to do. 

My first thought was "bailout delegate" when I saw the title of the thread "community members discuss buyout", so that put me on edge.  I don't care what others do.  If they want to crowdfund a bailout, so be it.  I won't participate.

I think what Klosure has meant by this entire thing is that we wouldn't really be bailing out BTER.  We would be essentially buying a userbase who is scared and concerned that BTER has lost all their funds (again).  This would be an opportunity to come in, buyout the distressed business on the cheap, bailing out the people who are holding funds there (thus buying a loyal user-base).  We could easily turn it into a Gateway at this point, slightly change some of the incentive structures to favor trading with BTS/bitAsset pairings. 

I am not sure if you guys have paid much attention, but it seems like poloniex is highly leveraged into NXT and it is a big bonus for all their projects because it almost guarantees instant liquidity.  A coordinated buyout of BTER could be a strategically invaluable move.  However, for me to have any part in it, I personally would expect so much that the leadership likely prefer to watch it crash and burn than take the deal...because I would want it to turn almost exclusively into a BitShares gateway to the degree that Poloniex is for NXT. 

I'd also want a token issued that is backed by some % of trading fees, that is issued to people who successfully hack BTER as a bounty that can then be redeemed for something like bitUSD.   

I personally do not think BTER is going to make it through this time though.

According bytemasters blog, being a gateway is safer being a exchange, and profitable meantime. If our community don't do something, i.e. 1. community members set up a gateway of our own; 2. commubity members lobby other ppl to set up one, then bytemaster'blog post will be meaningless, perhaps to outsiders like a JOKE.

43
The www.bter.com page has been updated now with links to their twitter/weibo status updates where they provide no updates... Ok I'm getting impatient now, this is taking much longer than I anticipated.

They have several updates on weibo 2hrs ago.

I didn't see any updates worth anything for people interested in this though. 

As for a "bailout"/"buyout" I have no clue why people even care what others choose to do.  To be honest, to Klosure I say you reach out to BTER and see what they think about the idea.  After this, I personally have no funds available for actually helping to buy them out, but some people might find it a very valuable idea.  Heck we might even see people from other cryptocurrency communities download the BTS wallet just to participate in the crowdsale!

If it means getting BTER recapitalized enough to continue business long enough to break even, then maybe it is worth it.  Not that it matters though!.  If people don't want to invest, they won't invest!  If they do want to take that risk, then they will.  This thread is now becoming a bit of a sideshow imho...so this is my last post on it and I hope we will all consider spending out time doing something more productive.

 :P crowd fund to help them get on with their feet and to lose another 7K BTC again ? I don't know ....

I didn't ask you to pay for it.  I simply stated that there are people who seem interested, so they should consider trying it.  :)

Is it safer being a GATEWAY than being a exchange? There are chances indeed, maybe not a buyout but something we could do!

44
The www.bter.com page has been updated now with links to their twitter/weibo status updates where they provide no updates... Ok I'm getting impatient now, this is taking much longer than I anticipated.

They have several updates on weibo 2hrs ago.

45
General Discussion / Re: [ANN] Our New Website Is Live!
« on: February 18, 2015, 01:20:12 am »
I wanted to show USD vs BTS   and BTC vs BTS   and to have it look something like: 



I never wanted to it display BTS vs BitBTC or USD vs BitUSD.

Right.
BTS is the "base currency" in bitshares ecosystem whose price only matters.
When comes to bitassets, we can display its totoal supplies and places(like websites, merchants or applications) to spend them. Bitassets don't have a "price", it's only a  means of circulation, like paper currency, don't have the ability to speculate to profit.

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