BitShares Forum

Main => General Discussion => Topic started by: domsch on February 16, 2014, 10:17:54 am

Title: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: domsch on February 16, 2014, 10:17:54 am
This thread will be used to give the community continuous updates about Bithaus.

16/02/2014

Here are the current design concepts. Apart from some minor changes, they should be pretty final. We are now working on the trading pages and should have something to showcase soon.

(http://i.imgur.com/1BMRIZQ.png)

(http://i.imgur.com/EF0yp7N.png)

(http://i.imgur.com/D3GbbPt.png)
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: xeroc on February 16, 2014, 02:03:22 pm
 +5% +5% +5% +5% +5%
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: codinat on February 16, 2014, 02:12:54 pm
 8) +5%
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: codinat on February 16, 2014, 02:13:08 pm
 8) +5%
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: cass on February 16, 2014, 04:46:41 pm
great news - i like the design :)
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: testz on February 16, 2014, 05:12:06 pm
Nice  +5%
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: oco101 on February 16, 2014, 06:35:06 pm
+1
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: alt on February 17, 2014, 12:14:29 am
+1
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: bytemaster on February 17, 2014, 03:46:20 am
I love the work I see here.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: stuartcharles on February 17, 2014, 11:38:32 am
This is starting to get exciting, great work
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: fuzzy on February 17, 2014, 04:18:34 pm
Very nice work indeed.  Gotta love seeing what these fellas are doing...

Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: Amazon on February 17, 2014, 04:35:33 pm
beautiful, I love the design. Looking forward to your showcase
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: mint chocolate chip on February 17, 2014, 04:54:59 pm
Looks great!

typo?: above the green number 3.00 you have written "bitshares balance", next to it to the right is the red number 0 and above that it also says "bitshares balance" (shouldn't that say "bitcoin balance"?)
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: Sharp116 on February 17, 2014, 05:21:04 pm
 +5%

It's promissing!!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: domsch on February 18, 2014, 06:58:42 pm
Looks great!

typo?: above the green number 3.00 you have written "bitshares balance", next to it to the right is the red number 0 and above that it also says "bitshares balance" (shouldn't that say "bitcoin balance"?)

Thanks a for mentioning this! These are just mock-ups though so nothing is really final. All of the text still needs some editing so be sure to see improvements over the coming weeks :)

Thanks for everyone else for the kind words! We are trying our best on getting this project up and running in a timely manner, although it is quite difficult, but lets see what can be done. The legal part is almost sorted and we just need to find a proper solution for China (and how to compete with btc38). If anyone wants to help/join us, please just approach me!

Cheers
-Dom
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: bytemaster on February 19, 2014, 08:54:25 am
+1
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: CLains on February 19, 2014, 09:19:02 am
Great work domsch!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: fuzzy on February 19, 2014, 06:00:08 pm
Great work domsch!

 +5%
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: speedy on February 21, 2014, 12:40:49 am
What country is Bithaus going to be based in?

Do you have a banking partner sorted out to receive user deposits? That seems to be the hardest part of running an exchange.

Looks great btw.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: domsch on February 21, 2014, 07:44:08 am
What country is Bithaus going to be based in?

Do you have a banking partner sorted out to receive user deposits? That seems to be the hardest part of running an exchange.

Looks great btw.

Switzerland. I am currently on the train to Zurich to sort out banking and licenses. Will have some details on Monday for you guys!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: bytemaster on February 21, 2014, 07:58:30 am
Invictus is working closely with Bithaus to build an open source wallet / block explorer for BTS X....

We would like this library to be useful for all our various chains, especially BitShares Music which Cob has taken the initiative to bootstrap with our help.

Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: CLains on February 21, 2014, 10:23:24 am
I am currently on the train to Zurich to sort out banking and licenses. Will have some details on Monday for you guys!

+5% +5%

Invictus is working closely with Bithaus to build an open source wallet / block explorer for BTS X....

We would like this library to be useful for all our various chains, especially BitShares Music which Cob has taken the initiative to bootstrap with our help.

+5% +5%
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: cass on February 21, 2014, 10:58:31 am
What country is Bithaus going to be based in?

Do you have a banking partner sorted out to receive user deposits? That seems to be the hardest part of running an exchange.

Looks great btw.

Switzerland. I am currently on the train to Zurich to sort out banking and licenses. Will have some details on Monday for you guys!

Dominik wish you good look for today .. :)

 +5%
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: boshen1011 on February 21, 2014, 11:16:02 pm
Looks great!

typo?: above the green number 3.00 you have written "bitshares balance", next to it to the right is the red number 0 and above that it also says "bitshares balance" (shouldn't that say "bitcoin balance"?)

Thanks a for mentioning this! These are just mock-ups though so nothing is really final. All of the text still needs some editing so be sure to see improvements over the coming weeks :)

Thanks for everyone else for the kind words! We are trying our best on getting this project up and running in a timely manner, although it is quite difficult, but lets see what can be done. The legal part is almost sorted and we just need to find a proper solution for China (and how to compete with btc38). If anyone wants to help/join us, please just approach me!

Cheers
-Dom


Dom,
I am online 16 hours a day, you could get hold of me anytime via skype.
I would love to talk to you on both the platform and China side.
Bo 
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: onceuponatime on February 24, 2014, 09:05:07 pm
Would love to see an update.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: domsch on February 25, 2014, 05:35:07 pm
Would love to see an update.
Discussions went well and I have some more details on how/where to base the company.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: houfro on March 01, 2014, 05:37:21 am
Contact me about about instant P2P USD transfers.  info 'at' akimbocard 'dot' com.  Ask for Houston.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: domsch on March 03, 2014, 01:35:31 pm
To give an update to everyone: We've just recently conducted a few tests regarding Bitcoin transfers and our internal accounting system, we are now going to work on the orderbook and we hope to have a demo up and running by the 10th for a few users to test the entire platform for Bitshares, Protoshares and Bitcoin.

Please post below about any feature or anything you want added to the platform!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: oco101 on March 03, 2014, 02:34:18 pm
To give an update to everyone: We've just recently conducted a few tests regarding Bitcoin transfers and our internal accounting system, we are now going to work on the orderbook and we hope to have a demo up and running by the 10th for a few users to test the entire platform for Bitshares, Protoshares and Bitcoin.

Please post below about any feature or anything you want added to the platform!

Great work Domsch, we all looking forward !!!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: domsch on March 06, 2014, 08:35:13 pm
To give you guys another update:

Right now, we are in talks with Invictus and are soon going to approach the community in regards to AGS fund allocation or a sort of crowd-funding style to raise money for the acceleration of our endeavor. Next week we will offer a proper proposal with our platform demo (exchange, wallet, fiat), business plan and a marketing strategy.

If you guys could go through my past thread https://bitsharestalk.org/index.php?topic=2247.msg26600#msg26600 and forward me any criticism/concerns/insight in regards to the strategy please forward them to me and I will offer a solution to all of them.

You will be amazed by what we have planned and what we will have to offer!
If you have any questions, shoot me a PM

Stay tuned.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: toast on March 06, 2014, 08:43:59 pm
To give you guys another update:

Right now, we are in talks with Invictus and are soon going to approach the community in regards to AGS fund allocation or a sort of crowd-funding style to raise money for the acceleration of our endeavor. Next week we will offer a proper proposal with our platform demo (exchange, wallet, fiat), business plan and a marketing strategy.

If you guys could go through my past thread https://bitsharestalk.org/index.php?topic=2247.msg26600#msg26600 and forward me any criticism/concerns/insight in regards to the strategy please forward them to me and I will offer a solution to all of them.

You will be amazed by what we have planned and what we will have to offer!
If you have any questions, shoot me a PM

Stay tuned.

 +5%

Let the AGS fund drama begin! Will someone call it "playing favorites" if the community voted "yes" to giving them money?
https://bitsharestalk.org/index.php?topic=2247.0
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: rysgc on March 06, 2014, 08:50:07 pm
No voting required, build this! +5% , no serious I think this would be great for PTS, the community, merchants and buyers. Maybe it's not a DAC in it's base but with some tricks it can be made as dacky as possible.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: domsch on March 06, 2014, 09:27:51 pm
To give you guys another update:

Right now, we are in talks with Invictus and are soon going to approach the community in regards to AGS fund allocation or a sort of crowd-funding style to raise money for the acceleration of our endeavor. Next week we will offer a proper proposal with our platform demo (exchange, wallet, fiat), business plan and a marketing strategy.

If you guys could go through my past thread https://bitsharestalk.org/index.php?topic=2247.msg26600#msg26600 and forward me any criticism/concerns/insight in regards to the strategy please forward them to me and I will offer a solution to all of them.

You will be amazed by what we have planned and what we will have to offer!
If you have any questions, shoot me a PM

Stay tuned.

 +5%

Let the AGS fund drama begin! Will someone call it "playing favorites" if the community voted "yes" to giving them money?
https://bitsharestalk.org/index.php?topic=2247.0

As I've discussed with you, there is a clear need for something like this. I would rather treat it as a "loan" which will be paid back with interest and monthly contributions to the fund. Which allows the community to continuously grow and prosper.

We will be the most profitable and most influential project in the community for at least the next 6 - 9 months so supporting our endeavor will lead to the success of the entire community. Additionally, we have the resources (in regards to team, financially that's why we're here) and the strategy to pull this off and accelerate the growth of this project.
Additionally, we are currently in the makings of some crucial products for Bitshares and we will continue to do so and open-source them for the community to freely use. We're also talking with several "DAC creators" in helping them and supporting their mission with some of our resources and general help.

We are a centralized solution maker that offers "transition-products" that help users transit from centralized systems to the beautiful world of decentralized trustless systems.
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: cass on March 06, 2014, 11:53:56 pm
To give you guys another update:

Right now, we are in talks with Invictus and are soon going to approach the community in regards to AGS fund allocation or a sort of crowd-funding style to raise money for the acceleration of our endeavor. Next week we will offer a proper proposal with our platform demo (exchange, wallet, fiat), business plan and a marketing strategy.

If you guys could go through my past thread https://bitsharestalk.org/index.php?topic=2247.msg26600#msg26600 and forward me any criticism/concerns/insight in regards to the strategy please forward them to me and I will offer a solution to all of them.

You will be amazed by what we have planned and what we will have to offer!
If you have any questions, shoot me a PM

Stay tuned.

 +5%

Let the AGS fund drama begin! Will someone call it "playing favorites" if the community voted "yes" to giving them money?
https://bitsharestalk.org/index.php?topic=2247.0

As I've discussed with you, there is a clear need for something like this. I would rather treat it as a "loan" which will be paid back with interest and monthly contributions to the fund. Which allows the community to continuously grow and prosper.

We will be the most profitable and most influential project in the community for at least the next 6 - 9 months so supporting our endeavor will lead to the success of the entire community. Additionally, we have the resources (in regards to team, financially that's why we're here) and the strategy to pull this off and accelerate the growth of this project.
Additionally, we are currently in the makings of some crucial products for Bitshares and we will continue to do so and open-source them for the community to freely use. We're also talking with several "DAC creators" in helping them and supporting their mission with some of our resources and general help.

We are a centralized solution maker that offers "transition-products" that help users transit from centralized systems to the beautiful world of decentralized trustless systems.

BIG GO for it!
As AGS donators and even PTS holders we should really enable domsch & bithaus(?) :)  project a "big funding" to get this project work and success asap.
Talked to domsch several times and it's amazing how this project is concepted and begin to get real!!!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: oco101 on March 07, 2014, 12:00:07 am
BIG GO for it!
As AGS donators and even PTS holders we should really enable domsch & bithaus(?) :)  project a "big funding" to get this project work and success asap.
Talked to domsch several times and it's amazing how this project is concepted and begin to get real!!!

Completely agree we need this and people like domsch !!!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: xeroc on March 07, 2014, 09:14:41 am
 +5% .. where can I send my money to?
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: santaclause102 on March 07, 2014, 10:57:15 am
 +5%
I talked to domsch a few times. He is a forward thinking guy and his projects are worth supporting not only for bitshares but for the whole ecosystem!
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: unimercio on March 07, 2014, 11:22:12 am
Invictus is working closely with Bithaus to build an open source wallet / block explorer for BTS X....

We would like this library to be useful for all our various chains, especially BitShares Music which Cob has taken the initiative to bootstrap with our help.
+5% +5%, this reeks of success, thanks
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: CLains on March 18, 2014, 05:20:52 pm
Infinite plusses.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: oco101 on March 18, 2014, 05:44:01 pm
Domsch any updates on that ? Thanks.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: muse-umum on March 19, 2014, 04:37:30 am
Rather impressive !  +5% +5%

I've got more information in this thread. https://bitsharestalk.org/index.php?topic=2247.0

My questions:

Can you please provide more information about your team & background ?

Have you got the licenses needed ?

Why should we trust you ? (not provocation, I lost a little money in Mt.Gox , I have to be careful when trading in centralized exchanges )

 

Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: domsch on March 22, 2014, 02:05:44 pm
There are going to be a few announcements next week.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: xeroc on March 22, 2014, 05:07:12 pm
+5% in excitenment
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: 38PTSWarrior on March 22, 2014, 08:18:00 pm
I searched for bithaus, if there is already a website, and found that there are 2 websites, one with a .com and another with a .jp domain already. Just for your information, not that you make the same mistake as it happened with protoshares, peace
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: domsch on March 22, 2014, 08:38:24 pm
I searched for bithaus, if there is already a website, and found that there are 2 websites, one with a .com and another with a .jp domain already. Just for your information, not that you make the same mistake as it happened with protoshares, peace

Thanks for informing us. Yes we have already seen this and bithaus.com was created back in 2000. Right now I'm in talks with its owner, else we have another solution :)

Cheers!
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: 38PTSWarrior on March 22, 2014, 08:53:31 pm
:)
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: cass on April 28, 2014, 02:19:16 pm
hey domsch,

any updates on this? Any progress on AGS funding for this project?
Just curious…
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: solaaire on April 30, 2014, 06:57:07 pm
hey domsch,

any updates on this? Any progress on AGS funding for this project?
Just curious…

 +5%
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: lzr1900 on May 02, 2014, 04:59:56 pm
hey domsch,

any updates on this? Any progress on AGS funding for this project?
Just curious…

 +5%

+5% +5%
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: Agent86 on May 09, 2014, 02:19:00 am
FYI:

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/40/

One of the more interesting quotes:

"In fact Bitshares was VERY excited about funding and working with Bithaus. This can be verified independently by looking at the posthistory over at bitshares websites.

*However* BitsharesX IPO is risky business and might land them in hot water with SEC, so Bithaus decided to pull out since they are a serious business and don't want to be tangled up in a legal mess.

I know Charles of Ethereum warned Bithaus of this personally aswell as Dominik consulting with his lawyers about it."
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: domsch on May 09, 2014, 03:42:43 am
FYI:

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/40/

One of the more interesting quotes:

"In fact Bitshares was VERY excited about funding and working with Bithaus. This can be verified independently by looking at the posthistory over at bitshares websites.

*However* BitsharesX IPO is risky business and might land them in hot water with SEC, so Bithaus decided to pull out since they are a serious business and don't want to be tangled up in a legal mess.

I know Charles of Ethereum warned Bithaus of this personally aswell as Dominik consulting with his lawyers about it."

We are an independent company that creates solutions for all crypto-currencies - this is the first project we are launching. I want to work with the community and the people behind a project that show the greatest support towards my endeavor. I have several reasons to why I approached the Nxt community but I don't think that they ought to be discussed here.

I am very impressed on the reaction of the Nxt community and their ability to sit down and invest money in such an important project without blinking an eye.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: cass on May 09, 2014, 05:50:16 am
FYI:

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/40/

One of the more interesting quotes:

"In fact Bitshares was VERY excited about funding and working with Bithaus. This can be verified independently by looking at the posthistory over at bitshares websites.

*However* BitsharesX IPO is risky business and might land them in hot water with SEC, so Bithaus decided to pull out since they are a serious business and don't want to be tangled up in a legal mess.

I know Charles of Ethereum warned Bithaus of this personally aswell as Dominik consulting with his lawyers about it."

We are an independent company that creates solutions for all crypto-currencies - this is the first project we are launching. I want to work with the community and the people behind a project that show the greatest support towards my endeavor. I have several reasons to why I approached the Nxt community but I don't think that they ought to be discussed here.

I am very impressed on the reaction of the Nxt community and their ability to sit down and invest money in such an important project without blinking an eye.

pity
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: JoeyD on May 09, 2014, 07:32:21 am
FYI:

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/40/

One of the more interesting quotes:

"In fact Bitshares was VERY excited about funding and working with Bithaus. This can be verified independently by looking at the posthistory over at bitshares websites.

*However* BitsharesX IPO is risky business and might land them in hot water with SEC, so Bithaus decided to pull out since they are a serious business and don't want to be tangled up in a legal mess.

I know Charles of Ethereum warned Bithaus of this personally aswell as Dominik consulting with his lawyers about it."

We are an independent company that creates solutions for all crypto-currencies - this is the first project we are launching. I want to work with the community and the people behind a project that show the greatest support towards my endeavor. I have several reasons to why I approached the Nxt community but I don't think that they ought to be discussed here.

I am very impressed on the reaction of the Nxt community and their ability to sit down and invest money in such an important project without blinking an eye.

After mtGox, NeoBee and bitcoin marketprice taking a dump I've run out of investment money I can spend without blinking quite a while ago, actually I've long since run out of funds to invest with loads of blinking as well, but you can bet I'd be happy to be in a position to invest without blinking man. On the other hand, I don't know who you directed your advertisement towards, but I do not recall seeing anything I could even invest in from you. There was very little information and I don't think you can blame people for being a bit careful with their money after all the recent disasters with failing startups in the crypto-scene.

I hope this doesn't mean you aren't interested in working with bitshares anymore, should bitshares have even a fraction of the returns nxt-holders have seen you can bet I'd not only be in the position, but also willing to help projects like yours in any way I can.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 09:50:53 am
"... without blinking an eye."

Can you be a bit more specific?
Title: Re: Bithaus: Progress update [Last Update: 16/02/2014]
Post by: liondani on May 09, 2014, 10:00:55 am
Invictus is working closely with Bithaus to build an open source wallet / block explorer for BTS X....

We would like this library to be useful for all our various chains, especially BitShares Music which Cob has taken the initiative to bootstrap with our help.

After domsch statement that they are moving to NXT schould I suppose that future Dacs will not have the benefits from the library you mention above?
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 10:34:04 am
after domsch announcement* on the nxt forums yesterday, nxt price climped from 0.000054 BTC  to 0.000070 about +30%  today ...
It is not a coincidence in my view.

* "Hello Nxt Community! Today I am here to announce to you the very first Fiat Exchange for Nxt. It has been a tough 4 months, but our team of more than 6 people has been working day and night to make this project a reality! I am delighted to say that we are close to the launch of the very first Nxt <-> Fiat trading platform"

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: xeroc on May 09, 2014, 10:59:19 am
I don't get it .. he's having problems with the btx IPO .. but then cooperates with NXT? Where are the legal issues here.. Can someone enlighten me?
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: CLains on May 09, 2014, 11:53:48 am
Domsch is awesome, and if he moved to NXT that was the rational thing for him to do. Hopefully we can make it rational for him to help promote Bitshares X when it is released, and remove any obstacles that might be preventing him to do Bitshares X <-> fiat.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 12:02:13 pm
Domsch is awesome, and if he moved to NXT that was the rational thing for him to do. Hopefully we can make it rational for him to help promote Bitshares X when it is released, and remove any obstacles that might be preventing him to do Bitshares X <-> fiat.

 +5%

same thoughts here
they can have fiat exchanges for both, why not?
For every problem exists at least one solution
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: xeroc on May 09, 2014, 12:09:38 pm
From his perspective: If he has a running site and all algorithms are set up and fine, they can easily start using NXT .. because they already have their blockchain/wallets.
If I had a perfectly running site and had to wait for the wallet I'd also give it a try with an other blockchain ... AFAIR he told us that his platform can/will support multiple blockchains.

So once bitshares is running, we might be able to convince him to add bitsharesX .. let's see ...

So far. Good luck with your platform. Gonna test it with my few NXT!
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: JoeyD on May 09, 2014, 12:32:20 pm
Nevertheless in light of the recent calamities I'm not sure that the requirement of not blinking an eye before throwing money at something is the most prudent requirement for investing. Don't take this the wrong way Domsch, but I sure do hope people do more than just not winking, if I'm not mistaken due diligence supposedly requires lots of blinking. Frugality amongst nxt-ers might also not be the very best of typecasts.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: Agent86 on May 09, 2014, 12:39:15 pm
Why is Charles Hoskinson telling people not to work with us anyway?  Nxt took donations and based their initial distribution off it just like AGS (for less money, but doesn't seem to be anything legally different.)
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 12:53:20 pm
Why is Charles Hoskinson telling people not to work with us anyway? 

maybe because he believes that  bitshares is  the ultimate threat/competitor to his new team on  ethereum...

Sent from my ALCATEL ONE TOUCH 997D using Tapatalk

Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: domsch on May 09, 2014, 04:47:49 pm
Nevertheless in light of the recent calamities I'm not sure that the requirement of not blinking an eye before throwing money at something is the most prudent requirement for investing. Don't take this the wrong way Domsch, but I sure do hope people do more than just not winking, if I'm not mistaken due diligence supposedly requires lots of blinking. Frugality amongst nxt-ers might also not be the very best of typecasts.

"without blinking an eye" was the wrong idiom in this context. What I'm stating is that from the bottom to the top the Nxt community was very supportive and even though it took some time (roughly 2 weeks) to raise the money, it went through with them. By no means would I want someone to invest in this without even reading our business/marketing plans and thoroughly thinking of it/asking lots of questions (which all of them did). But what I'm stating is that we were not able to raise these funds within the BTS community, and the bounties we were going for were suddenly not able for grabs anymore.

I have a team of 6 guys - some of whom have kids. So I'm not here to be in a waiting game and hope for a brighter future that we may or may not get funds. That's why I approached the Nxt community and luckily, we were able to raise the sum we intended to get and can move forward now :)

I'm not turning my back to the community as I met some amazing people here, but as I said in my first post, I'm looking for a community (and a management team of a crypto-project) that supports us and helps us in any way they can - I was able to find that in the Nxt community.

If you have any questions, just ask me or send me a PM.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: domsch on May 09, 2014, 05:04:36 pm
Why is Charles Hoskinson telling people not to work with us anyway?  Nxt took donations and based their initial distribution off it just like AGS (for less money, but doesn't seem to be anything legally different.)

He is definitely not doing that. Charles is a good friend and he had helped us tremendously in Switzerland and was very supportive. This decision on helping Nxt out was a reason which I have decided upon myself with no "outside" influence. It was simply not possible for us to operate with our current strategy, so we had to revise and slightly change direction for us to even get off the ground.

And to clear this, yes I am acting out of my own interest and selfish reasons. I want Bithaus to succeed in any way possible, we have a lot planned for the long-term, but for now, it is my duty to solve the short-term, have our legal foundation set-up to expand our team and our products rapidly.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: tonyk on May 09, 2014, 05:45:40 pm
Actually it is a good development for the BitShares. I have a bitter taste in my mouth that it is not BitShares but NXT, but it is not them [bithous] doing something wrong. It is just the current state of the crypto space 2.0
They [bithous]  will establish their system (with the best possible cryptos, available at the moment), they will make money at least to stay afloat.
When BTS X is available, they will just add it to the platform, if it is profitable; and most likely it will be.
There is no reason to accuse them [bithous]   of something inappropriate to secure their existence… Same is true for the I3 actions. I3 did not need to sponsor some project that is not a DAC and just keeping normal relationship with them will yield all the benefits their [bithous]    system brings.

Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: JoeyD on May 09, 2014, 05:53:47 pm
Ok, I understand where you're coming from, you've got to eat. I wasn't aware of the issues with bounties, that seems to be something that needs to be addressed asap.

I mentioned the reason why I'm not able to invest in your project in my first reaction. I also have to admit that I wasn't aware of the position you and your project were in. I was under the impression that your project was still in the to be announced stage and that that was why there was no further information about your project.

Going forward I hope bitshares and bithaus can still have a fruitful cooperation in the future, in the mean time I wish you luck with your project.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: toast on May 09, 2014, 05:58:56 pm
 +5% let nxt fund it, keep the name and logo though =)
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 06:20:21 pm
Good oportunity to buy PTS again at 0.0080 BTC and buy AGS with BTC today !!! (If I only new from domsch a few days earlier what he would do  >:( ... )
I invite nxt members that had huge profits the last to days also... I am an example  :P... I  have selled 30% of my nxt holding and invested on PTS today !!!  ;)
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: oco101 on May 09, 2014, 07:17:29 pm
Ok, I understand where you're coming from, you've got to eat. I wasn't aware of the issues with bounties, that seems to be something that needs to be addressed asap.

I mentioned the reason why I'm not able to invest in your project in my first reaction. I also have to admit that I wasn't aware of the position you and your project were in. I was under the impression that your project was still in the to be announced stage and that that was why there was no further information about your project.

Going forward I hope bitshares and bithaus can still have a fruitful cooperation in the future, in the mean time I wish you luck with your project.

This is really sad news. domsch was working with the community here for testing the Bithaus, and now this ??? I was't aware either that there was a funding problem ... Interested to know why this happened ..?    Why they NXT manged to get funding and Bitshare not ? Especially that domsch originally intended to work with us ?
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: AdamBLevine on May 09, 2014, 07:25:37 pm
After mtGox, NeoBee and bitcoin marketprice taking a dump I've run out of investment money I can spend without blinking quite a while ago, actually I've long since run out of funds to invest with loads of blinking as well,

How much did you give to Invictus in the form of Angelshares?  Would you have liked Invictus to have invested any of those funds in this?
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: oco101 on May 09, 2014, 07:27:44 pm
After mtGox, NeoBee and bitcoin marketprice taking a dump I've run out of investment money I can spend without blinking quite a while ago, actually I've long since run out of funds to invest with loads of blinking as well,

How much did you give to Invictus in the form of Angelshares?  Would you have liked Invictus to have invested any of those funds in this?
+1
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 08:03:30 pm
After mtGox, NeoBee and bitcoin marketprice taking a dump I've run out of investment money I can spend without blinking quite a while ago, actually I've long since run out of funds to invest with loads of blinking as well,

How much did you give to Invictus in the form of Angelshares?  Would you have liked Invictus to have invested any of those funds in this?


If we proceed and simply say "Fuck you USA" a la MtGox and don't comply with regulations we will soon see our accounts seized and operations halted. That is why I am for conducting this all within legal borders and try to acquire the licenses as soon as possible.
Bitstamp right now simply works with international wire transfers to their accounts in the UK. (They are actually registered in the UK, but I think they operate from Slovenia). We intend to take a similar approach but are focusing on getting US Banking set-up and acquire the licenses as soon as possible. A huge problem could arise in which the US requests all trading platforms to be incorporated in the US, work with a US bank and get the required licenses. If we work on getting all this done prior such a hypothetical, but very likely, regulation, we will be ahead and trading would continue without any difficulties.

And I need to emphasize this again: Initially we will be able to operate WITHOUT these licenses

The only problem with your plan is Mt.Gox spends a huge amount of money on lawyers and compliance professionals.  You are assuming they're just bad actors, but that's not true.  The problem is in an environment lacking solid rules, the best you can do with your compliance effort is to make a bet at what you think it'll be.  That's crazy. 

You can try this however you'd like, I'm just saying please consult with a US attorney who knows the Bitcoin startup space before you commit to a business model that requires licenses in the US.

That is also how Coinbase did it and still does it. They entered a grey area and are doing fine as of now, but they are trying to get everything sorted by getting their state MTB licenses. We will take a similar approach.

Currently we are in talks with 3 lawyers from the US, Hong Kong and Germany. I'm still trying to work on that contingency plan mentioned on the first page of the thread and on a proper incorporation strategy that allows us to target the most prominent countries first while expanding to other countries. And we have also contacted several other attorneys from Singapore, UK and Australia to plan ahead and know what will be required.

It should be interesting to hire our own General Counsel. Similar to known start-ups that have challenged laws: Airbnb(local hotel zoning laws), Uber (taxi licensing requirements), and Pinterest (posting copyrighted images). Obviously that is another long-term goal, but if this platform shows traction and we raise money from a VC I do think that there is a possibility on not only hoping for a better output on a hearing, but also actively fighting for it.

Reference: http://techcrunch.com/2014/01/04/why-startups-hire-their-own-lawyers/

Coinbase is doing fine because they have the backing of Andreesen Horowitz and the privileged-starts-only Silicon Valley Bank that isn't taking any more Bitcoin business right now (We checked, they're on "pause" right now even though we're a company that just sells sponsorships for Bitcoin).  Coinbase just got another 25 millionUSD in venture, I'm not  saying it's impossible but I am saying Invictus doesn't have anywhere near enough money, so it's a terribly inefficient way to spend it.

Sent from my ALCATEL ONE TOUCH 997D using Tapatalk

Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: AdamBLevine on May 09, 2014, 08:12:58 pm
I didn't say I thought it was a good investment, I was pointing out that invictus "sucked up" investment that would otherwise have gone where it wanted.   

NXT was able to deliver because there was no giant Invictus fund, just a bunch of individuals who still had funds to invest (not having invested in Angelshares) and those individuals were able to decide, not me or bytemaster.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: tonyk on May 09, 2014, 08:14:19 pm
After mtGox, NeoBee and bitcoin marketprice taking a dump I've run out of investment money I can spend without blinking quite a while ago, actually I've long since run out of funds to invest with loads of blinking as well,

How much did you give to Invictus in the form of Angelshares?  Would you have liked Invictus to have invested any of those funds in this?
[/quote]

I didn't say I thought it was a good investment, I was pointing out that invictus "sucked up" investment that would otherwise have gone where it wanted.   

NXT was able to deliver because there was no giant Invictus fund, just a bunch of individuals who still had funds to invest (not having invested in Angelshares) and those individuals were able to decide, not me or bytemaster.

As much I as I agree with most of your post this is just stupid and below you…
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: JoeyD on May 09, 2014, 09:14:35 pm
After mtGox, NeoBee and bitcoin marketprice taking a dump I've run out of investment money I can spend without blinking quite a while ago, actually I've long since run out of funds to invest with loads of blinking as well,

How much did you give to Invictus in the form of Angelshares?  Would you have liked Invictus to have invested any of those funds in this?
Even though I'm not a wealthy guy I am a bit hesitant to post exact numbers on a public place like this. I bought into bitcoin in early December and planned to invest around 40% into projects to further the cause and then figure out what to do with the rest. I've put similar percentages in several projects ranging from bitcoin-related ones like mastercoin to other separate less wasteful solutions like nxt (was/am more hesitant about this one because of the secrecy and messing around with the publication of the sourcecode) and bitshares-ags(to help them bootstrap the multiple competing chain initiative). At the time I also reserved an amount for Ethereum, waiting and participating in the discussion about the IPO-format with Vitalik on their reddit. However with the btc price tanking and mtGox stealing the funds I was only meaning to store for the short period I needed to reinstall my pc and setup a cold-storage solution. Then NeoBee (very similar in concept to Bithaus) collapsing overnight without warning has left me with little more to give and me being a lot more hesitant to just donate on trust alone. Regarding the investment and community involvement in Bithaus here's my take on it and I would like to know where communication went wrong.

If I recall correctly I only got involved in bitshares around February this year, so I missed anything before that time and I don't know if Bithaus had been discussed at depth at that time already. The thing is I was under the impression Bithaus would contact the community on this forum and show us some details and information after which some kickstarter style crowdfunding would be setup. At least that was the last thing I saw on the forum. Other than the idea and some screenshots I have/had no detailed information on which I could make any judgement on investment or even form an opinion if AGS should or should not be used for this. Also I don't believe at this point the crowdfunding was presented as being solely dependent on AGS, but I did not see or hear from Bithaus again until I saw the posts yesterday.

Admittedly while I was waiting for them to come back with the promised project details and crowdfunder announcement, I was quite distracted with the aftereffects of mtGox and NeoBee (which I was very enthusiastic about and invested in) so I was not looking into Bithaus daily, and in the back of my mind expecting them to publish something when they were ready. Also after NeoBee I want to have some more detailed information, before taking another risk like that again or even forming an opinion if AGS-funds should be spent on this project.

I've searched the forums a bit, but I did not see any fundraiser or announcement after Domsch last post mentioning he would come back on this. This only adds to my confusion about what actually happened here.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 09:26:24 pm
Quote
author=AdamBLevine

NXT was able to deliver because there was no giant Invictus fund, just a bunch of individuals who still had funds to invest (not having invested in Angelshares) and those individuals were able to decide, not me or bytemaster.

so you say on the bitshares community is nobody left with funds to invest?  So how do you explain that every day they make pts /btc  donations   for AGS?


Sent from my ALCATEL ONE TOUCH 997D using Tapatalk
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: JoeyD on May 09, 2014, 09:32:35 pm
@AdamBLevine Seems I misunderstood your intentions.

You seem to be rather angry about something and often alude to some insider knowledge or discussions you have had. I've asked you to post some more details about them repeatedly, but after making these remarks you never return to the discussion. Would it be possible for you to explain what you are talking about?

EDIT Also your representation of the difference between nxt and the situation here is a rather strange one. There was not fundraiser here, so how can I invest in a non existent fundraiser?
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 09, 2014, 10:39:18 pm
Quote
author=JoeyD
There was not fundraiser here, so how can I invest in a non existent fundraiser?

Exactly!!!

 +5% +5% +5%



Sent from my ALCATEL ONE TOUCH 997D using Tapatalk
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 10, 2014, 03:28:57 am
I've searched the forums a bit, but I did not see any fundraiser or announcement after Domsch last post mentioning he would come back on this. This only adds to my confusion about what actually happened here.

Even if they explain to us what happened, it can not change the fact that they don't showed respect to the community, to us ... I really Hope that the nxt community will not experience an identical behavior in the future...
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: domsch on May 10, 2014, 05:47:42 am
I've searched the forums a bit, but I did not see any fundraiser or announcement after Domsch last post mentioning he would come back on this. This only adds to my confusion about what actually happened here.

Even if they explain to us what happened, it can not change the fact that they don't showed respect to the community, to us ... I really Hope that the nxt community will not experience an identical behavior in the future...

I show immense respect to this community and I've met a lot of great people here. Various circumstances have required us to move to another community so that we can even start the project, so I'm not being disrespectful to the BTS community. I'm trying to set-up my business without wasting a lot of time and continuing the waiting game.

Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: xeroc on May 10, 2014, 07:07:40 am
Makes sense to me. Good luck with your business. Hope we can collaborate one btsx is out
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: cass on May 10, 2014, 07:16:18 am
Makes sense to me. Good luck with your business. Hope we can collaborate one btsx is out

 +5% Goold luck domsch :) Thx for your efforts... you know ... we talked several times..
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: testz on May 10, 2014, 08:25:35 am
Makes sense to me. Good luck with your business. Hope we can collaborate one btsx is out

 +5%
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: JoeyD on May 10, 2014, 09:08:51 am
I've searched the forums a bit, but I did not see any fundraiser or announcement after Domsch last post mentioning he would come back on this. This only adds to my confusion about what actually happened here.

Even if they explain to us what happened, it can not change the fact that they don't showed respect to the community, to us ... I really Hope that the nxt community will not experience an identical behavior in the future...

I show immense respect to this community and I've met a lot of great people here. Various circumstances have required us to move to another community so that we can even start the project, so I'm not being disrespectful to the BTS community. I'm trying to set-up my business without wasting a lot of time and continuing the waiting game.

Domsch don't get me wrong I fully understand that you need to get something up and running and in your case that means having something to trade right now.

My responses were aimed towards AdamBLevines remarks and very odd depiction of the situation in my eyes. I don't understand what he's trying to say, what kind of fundraising model was he expecting from Invictus/bitshares in the first place? To me it sounds like he wanted two PTS-like-token-chains, but I don't see how that would make things any less complex or faster or even change the current situation in any way shape or form. I'm a newbie and even to me it was clear that AGS weren't liquid and locked to your bitcoin private-keys and if you wanted liquid you should get PTS.

EDIT
Now that I mention it, Domsch would bithaus be interested in trading PTS or is your model geared primarily towards bitsharesX? I also hope that the current need for money injection is only a little snag at the startup phase and that you're setting up buffers when unexpected things will happen. I'd be surprised if things will remain as relatively uneventful as they have been up till now in the crypto-currency/equity world and I hope people and businesses are mentally prepared for such times.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 10, 2014, 11:42:43 am
I'm trying to set-up my business without wasting a lot of time and continuing the waiting game.

I just believe that our patience will repaid soon and it is not wise for anybody of us to retreat before the last corner...
History of course will give us the right answers.... Good luck to all of us  ;)
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: santaclause102 on May 10, 2014, 12:02:53 pm
Nevertheless in light of the recent calamities I'm not sure that the requirement of not blinking an eye before throwing money at something is the most prudent requirement for investing. Don't take this the wrong way Domsch, but I sure do hope people do more than just not winking, if I'm not mistaken due diligence supposedly requires lots of blinking. Frugality amongst nxt-ers might also not be the very best of typecasts.

"without blinking an eye" was the wrong idiom in this context. What I'm stating is that from the bottom to the top the Nxt community was very supportive and even though it took some time (roughly 2 weeks) to raise the money, it went through with them. By no means would I want someone to invest in this without even reading our business/marketing plans and thoroughly thinking of it/asking lots of questions (which all of them did). But what I'm stating is that we were not able to raise these funds within the BTS community, and the bounties we were going for were suddenly not able for grabs anymore.

I have a team of 6 guys - some of whom have kids. So I'm not here to be in a waiting game and hope for a brighter future that we may or may not get funds. That's why I approached the Nxt community and luckily, we were able to raise the sum we intended to get and can move forward now :)

I'm not turning my back to the community as I met some amazing people here, but as I said in my first post, I'm looking for a community (and a management team of a crypto-project) that supports us and helps us in any way they can - I was able to find that in the Nxt community.

If you have any questions, just ask me or send me a PM.

Why is Charles Hoskinson telling people not to work with us anyway?  Nxt took donations and based their initial distribution off it just like AGS (for less money, but doesn't seem to be anything legally different.)

He is definitely not doing that. Charles is a good friend and he had helped us tremendously in Switzerland and was very supportive. This decision on helping Nxt out was a reason which I have decided upon myself with no "outside" influence. It was simply not possible for us to operate with our current strategy, so we had to revise and slightly change direction for us to even get off the ground.

And to clear this, yes I am acting out of my own interest and selfish reasons. I want Bithaus to succeed in any way possible, we have a lot planned for the long-term, but for now, it is my duty to solve the short-term, have our legal foundation set-up to expand our team and our products rapidly.

It is completely ok to decide to go with NXT as it is completely ok to decide to not fund it with AGS (because it is no DAC? Or whatever the reasons where).
On the other side it also shows the inability to make connections in the space. I don't even think that funding was what mattered the most. What matters is showing RESPECT, support, goodwill,interest and encouragement to the other ones project. The invictus team is not very good at doing that! It is essential though for success! 
Charles is good at helping other people and at some point they will give something back to him. That is just like humans work. Humans are peer to peer animals, its called reciprocity.
Another example is the Truthcoin project. It's not (mostly) about an immediate funding but about showing REAL interest.
Fact is that connections and ties are important. There are things coming out of good personal relations with people which you never thought about.... That is mostly how it goes.
Daniel says he can not do everything alone. But based on their actions I3 thinks they can do everything alone! Collaboration is ESSENTIAL and good personal relations based on mutual respect is the basis to that.
Encourage and support others and they will give it back to you more than you expected.   
I wrote about this often times https://bitsharestalk.org/index.php?topic=4059.msg50857#msg50857
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: bytemaster on May 10, 2014, 01:56:55 pm
It seems that people think we try to do everything ourselves and that we are not welcoming to others or try to help them.

1)  We try to help these projects any way we can and gladly give them some of our time to hear their ideas and try to work with them.
2)  We recognize that we cannot do everything and we always encourage teams to continue and that we will support their efforts and help refine them.

In the case of Bithaus we worked with them. 

In the case of Truthcoin we had a skype call with them, discussed design ideas with them, but could not afford to fund them.  They lacked the developers to do it themselves so we said we would work with them after we got our core products out.     

We all ready have too many things going on so the most we can do is encourage independent teams and help vet ideas. 

Bithaus is just another PHP based exchange with 0 experience entering the crypto-currency exchange market.   I certainly hope they can learn quickly and offer competition to Cryptsy and Bter and we would love to work with them.   
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: santaclause102 on May 10, 2014, 02:33:28 pm
Quote
We all ready have too many things going on so the most we can do is encourage independent teams and help vet ideas.
I really get that and can more than see that there is so much to be done right now.
But like I said my point was not about material outcomes, like funding or giving a 3rd party responsibility and a specific assignment. I can not see from here whether this makes sense or not. But it is about non material matters like making personal connections with those 3rd parties so that they keep the faith in the Bitshares project and are not lost forever or go somewhere else because of personal disappointment. Adam B levine, domsch, (potentially) Truthcoin are all examples of that same thing.
RESPECT, support, goodwill, interest and encouragement are emotional categories.

This sentence
Quote
Bithaus is just another PHP based exchange with 0 experience entering the crypto-currency exchange market. I certainly hope they can learn quickly and offer competition to Cryptsy and Bter and we would love to work with them.   
might be true technically. I really don't know. But you don't say something like this (!) when you ever want to work together with them again and you can not expect from them to talk positive about you and Bitshares again. HUMANS are p2p emotional beings, not technical collaboration engines!

You have an existential interest and a responsibility towards stakeholders that the most influential people in the crypto space are personally supportive of bitshares. I am a loyal supporter of bitshares (the basic model is sound and I like the I3 team which is trustworthy) and I don't see how Ethereum could benefit investors or society. But what Charles understands is that personal relations are crucial, are half of the success and that it doesn't matter if there is something coming out of this personal relation immediately, this is a technical skill I would love to see within the bitshares team. It deserves it! You can never encourage somebody too much. You will get it back somehow. Why do you think Ethereum has all that coverage?
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 10, 2014, 04:14:37 pm
Quote
author=delulo  you can not expect from them to talk positive about you and Bitshares again.

I think you missed the reality ...
It was said from Dan after it was done from domsch... So it  would be more reasonable to say exactly the opposite...

Sent from my ALCATEL ONE TOUCH 997D using Tapatalk
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: santaclause102 on May 10, 2014, 04:40:52 pm
Quote
author=delulo  you can not expect from them to talk positive about you and Bitshares again.

I think you missed the reality ...
It was said from Dan after it was done from domsch... So it  would be more reasonable to say exactly the opposite...

Sent from my ALCATEL ONE TOUCH 997D using Tapatalk

Don't you get that this is a mutual thing and that it is a negativity loop and that both sides are hurt?
With a mind set of hiding behind an identity (in this case the bitshares community identity) you perspective makes sense though.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: cass on May 10, 2014, 07:22:35 pm
I certainly hope they can learn quickly and offer competition to Cryptsy and Bter and we would love to work with them.

 +5% this would be great  ...good luck domsch & bithaus team ...keep in touch


cheers
c

---exit discussion
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: mf-tzo on May 10, 2014, 07:35:55 pm
Quote
It seems that people think we try to do everything ourselves and that we are not welcoming to others or try to help them.

1)  We try to help these projects any way we can and gladly give them some of our time to hear their ideas and try to work with them.
2)  We recognize that we cannot do everything and we always encourage teams to continue and that we will support their efforts and help refine them.

In the case of Bithaus we worked with them. 

In the case of Truthcoin we had a skype call with them, discussed design ideas with them, but could not afford to fund them.  They lacked the developers to do it themselves so we said we would work with them after we got our core products out.     

We all ready have too many things going on so the most we can do is encourage independent teams and help vet ideas. 

 +5% to the statement but why we can not afford to fund them? How much funding do they (Truthcoin) need?
Why  not use some AGS funding (not much) in exchange for more shares in Truthcoin to AGS shareholders? Wouldn't this be like AGS shareholders absorb the Truthcoin? Isn't that a good thing? 

Either way you guys are the experts, I have absolutely no knowledge about the costs for these developments and I trust your judgments.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: JoeyD on May 10, 2014, 09:25:30 pm
I haven't been able to really get into the truthcoin concept yet, but from some quick glances it sounded a bit more complex than bitsharesX. In that case a solid team and business plan to get going and then working out a good mix of funding ags/pts/others and percentages need to be worked out as well.

Since bitsharesX could be seen as entirely funded by the pts and ags holders I think the 50/50 distribution was fair. But that also seems to imply that receiving AGS-funds locks in your possible future share-distribution.

I don't think just throwing around ags funding at just about any intersting concept is going to work, no matter how great the concept is. Some silly things like technicallities and sustainability need to be addressed as well.
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: solaaire on May 15, 2014, 05:22:06 pm
Best of luck dom, please drop a line here when it's ready to go!

Also bm I think delulo has a point... That last comment was pretty abrasive and comes off as bitter and resentful, even if it is factually sound


Sent from my iPhone using Tapatalk
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 16, 2014, 12:01:34 am
Best of luck dom, please drop a line here when it's ready to go!

Also bm I think delulo has a point... That last comment was pretty abrasive and comes off as bitter and resentful, even if it is factually sound


Sent from my iPhone using Tapatalk

belongs to history...
let's move on !!!
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: xeroc on May 19, 2014, 02:06:59 pm
Too bad.

its not gonna be bithaus any longer: https://nxtforum.org/index.php?topic=1315.msg21732#msg21732
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 19, 2014, 02:17:17 pm
Too bad.

its not gonna be bithaus any longer: https://nxtforum.org/index.php?topic=1315.msg21732#msg21732

nxthaus exist under bithaus umbrella... it's a child company because domsch want to give to nxtinvestors (they invested about $140.000  if I remember right) only a percenatage from nxthaus transactions fees and not share from bithaus future operation profits... (I will provide the link ASAP)
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: cass on May 19, 2014, 03:38:40 pm
Too bad.

its not gonna be bithaus any longer: https://nxtforum.org/index.php?topic=1315.msg21732#msg21732

urgh ...  ::) sry but i'm logo addicted ...   I just have to make logos ...otherwise i'm really unhappy :P
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: liondani on May 19, 2014, 09:55:26 pm
Too bad.

its not gonna be bithaus any longer: https://nxtforum.org/index.php?topic=1315.msg21732#msg21732

nxthaus exist under bithaus umbrella... it's a child company because domsch want to give to nxtinvestors (they invested about $140.000  if I remember right) only a percenatage from nxthaus transactions fees and not share from bithaus future operation profits... (I will provide the link ASAP)

I think the exchange's name will be NxtHaus and the company behind is called BitHaus. Maybe they renamed, because BitHaus.com was already taken.

I'll try to clarify:

Bithaus is going to be a umbrella corporation of all of Dominiks future ventures. I.E. he has a lot of different business ideas that he plans to start one day. His first major venture is this Exchange.
Now obviously he isn't selling his soul and life to us for $140 000 so instead after talks with investors we decided to separate the exchange from Bithaus so that the investors own 40% equity of the Exchange and the Exchange only. Not the rest of Dominiks business life.
But yes, NxtHaus will also do Fiat to Bitcoin and other major cryptos, and that profit will go to owners of NxtHaus.

So all this confusion is just down to Jl777 putting up the wrong name and called it Bithaus instead of NxtHaus/Bithaus' Exchange.
Nothing has changed other than the name.

source: https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/100/ (https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/100/)
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: xeroc on June 15, 2014, 01:16:45 pm
@domsch: congrats to you progress
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/msg44498/#msg44498
Title: Re: Bithaus: Progress update [Last Update: 06/03/2014]
Post by: cass on June 15, 2014, 06:29:32 pm
@domsch: congrats to you progress
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/msg44498/#msg44498

 +5%