BitShares Forum

Main => General Discussion => Topic started by: xiahui135 on December 30, 2014, 05:58:55 pm

Title: Should we encourage poeple become share holders or customers?
Post by: xiahui135 on December 30, 2014, 05:58:55 pm
hi guys, after several months's reading, I register my fresh and only account.I want to say what I feel.

I feel we more like to encourage people to buy Bts, and make more people become our share holders.
But as you know, only the company those serve their customers well  can create real value and make real money. Serving customers is the guarantee of high price of the share.

I feel Bts is week on serving people and companies.  If BitUSD or BitCNY can be used in real world and help more people, value of BTS share  of course will increase. I wonder the community have too many innovations, but can hardly make and wait one innovation strong enough to serve people.
Title: Re: Should we encourage poeple become share holders or customers?
Post by: Rune on December 30, 2014, 06:19:11 pm
Different demographics are of different status to us.

Altcoin users = investors

smart bitcoin investors and early adopters = investors

average bitcoiners = decentralized exchange customers

south america/africa = mobile banking customers

dark markets = anonymous currency customers
Title: Re: Should we encourage poeple become share holders or customers?
Post by: santaclause102 on December 30, 2014, 06:26:58 pm
The end goal is to have lots of customers (which will give value to BTS).

Getting new/more Investors before having customers has only one purpose: Funding development.
Title: Re: Should we encourage poeple become share holders or customers?
Post by: toast on December 30, 2014, 06:37:22 pm
Customers.
Title: Re: Should we encourage poeple become share holders or customers?
Post by: Empirical1.1 on December 30, 2014, 08:47:28 pm
BitAssets are for customers, BTS is more geared to shareholders, though they can also be BitAsset or other product customers.

Both are incredibly important for the success of BTS

- The more customers use BitAssets the more demand for BTS there is and the more money everybody makes.

- The more people invest in, like and have long term confidence in BitShares as a business the higher they will value BTS and the more money everybody makes.


Most of the time you hear from customers and shareholders though is when they are disgruntled, frustrated or have a complaint. So I've been advocating more business, PR and customer service roles to create better customer and investor relations in BitShares.

Imo, the talent, especially development talent shouldn't always be interacting directly with disgruntled customers and shareholders in most situations as the talent in any business usually have justifiably large egos due to their relative importance and feed off of appreciation vs. negativity. So the current structure is not conducive to encouraging, supporting & attracting talent or addressing the needs and concerns of shareholders and customers.
Title: Re: Should we encourage poeple become share holders or customers?
Post by: James212 on December 30, 2014, 09:39:30 pm
Customers.

 +5%
Title: Re: Should we encourage poeple become share holders or customers?
Post by: fuzzy on December 30, 2014, 09:40:51 pm
We need to leverage ALL bitshares chains to help one another.  Each chain, as it stands, will help adoption of the others. 

We do this by incenvitizing users of one ecosystem to use join other ecosystems.  For instance, what if logging into Peertracks every day gave you a chance at receiving a little bit of bitGold?  what if doing a daily quest in an on-chain bitshares PLAY game gave you a chance to get some bitshares Notes (so you could listen to some of your favorite tunes while you play)?

My main concern is that our community will
A) be too hateful of any chain that ISN'T BTS and thus will lock out this possible strategy (and many others)
B) be too interested in nitpicking everything Dev Delegates do to build new services for us...and will drive them away. 

If/when DPOS becomes a standard protocol, we all win.  But in order for that to happen, we need its userbase to expand greatly.  To have any of this, we need a very easy to use, user-friendly wallet and service infrastructure coupled with at least a couple really solid fiat gateways (preferably in places that are outside the jurisdiction of Mafia-style governments [which may no longer exist on any level in the physical world]).
Title: Re: Should we encourage poeple become share holders or customers?
Post by: luckybit on December 30, 2014, 09:49:09 pm
hi guys, after several months's reading, I register my fresh and only account.I want to say what I feel.

I feel we more like to encourage people to buy Bts, and make more people become our share holders.
But as you know, only the company those serve their customers well  can create real value and make real money. Serving customers is the guarantee of high price of the share.

I feel Bts is week on serving people and companies.  If BitUSD or BitCNY can be used in real world and help more people, value of BTS share  of course will increase. I wonder the community have too many innovations, but can hardly make and wait one innovation strong enough to serve people.

Why not both? Think of Bitshares as a cooperative owned by it's customers. If it is effective enough then people will buy shares to use it.

I think BitUSD and BitCNY are harder to sell than people think. People already have Paypal and other ways of sending national fiat currencies around. You have to give people a reason to care about stuff like BitUSD and right now the interest rates are too low for people to risk it.

Title: Re: Should we encourage poeple become share holders or customers?
Post by: Empirical1.1 on December 30, 2014, 09:56:48 pm
We need to leverage ALL bitshares chains to help one another.  Each chain, as it stands, will help adoption of the others. 

We do this by incenvitizing users of one ecosystem to use join other ecosystems.  For instance, what if logging into Peertracks every day gave you a chance at receiving a little bit of bitGold?  what if doing a daily quest in an on-chain bitshares PLAY game gave you a chance to get some bitshares Notes (so you could listen to some of your favorite tunes while you play)?

My main concern is that our community will
A) be too hateful of any chain that ISN'T BTS and thus will lock out this possible strategy (and many others)
B) be too interested in nitpicking everything Dev Delegates do to build new services for us...and will drive them away. 


C) May not happen because large chains will get more benefit from issuing their own BitGold type assets because of the increased demand the collateral requirements create for PLAY shares and thus benefits their shareholders vs. ours.
Title: Re: Should we encourage poeple become share holders or customers?
Post by: Gentso1 on December 30, 2014, 11:10:57 pm
Customers.

 +5%
+5%

Title: Re: Should we encourage poeple become share holders or customers?
Post by: fuzzy on December 30, 2014, 11:14:08 pm
We need to leverage ALL bitshares chains to help one another.  Each chain, as it stands, will help adoption of the others. 

We do this by incenvitizing users of one ecosystem to use join other ecosystems.  For instance, what if logging into Peertracks every day gave you a chance at receiving a little bit of bitGold?  what if doing a daily quest in an on-chain bitshares PLAY game gave you a chance to get some bitshares Notes (so you could listen to some of your favorite tunes while you play)?

My main concern is that our community will
A) be too hateful of any chain that ISN'T BTS and thus will lock out this possible strategy (and many others)
B) be too interested in nitpicking everything Dev Delegates do to build new services for us...and will drive them away. 


C) May not happen because large chains will get more benefit from issuing their own BitGold type assets because of the increased demand the collateral requirements create for PLAY shares and thus benefits their shareholders vs. ours.

In the early phases it would not be in the best interest of any chain to do this.  This would only (in my mind) become feasible when there is enough of a userbase to sustain it.  With that said, PLAY will never want to do this because it opens them up to regulatory hindrances they currently have no need to deal with.

If/when it gets to that point, it would be a winner for all of us because then there will be assets that come out tracking baskets of these versions (bitGold, NoteGold(?), PLAYGold(?)...etc all combined into a version of ___Gold that is even MORE stable than any single chain's).

I am really confused though where this "their" shareholders and "ours" comes from though.  Unless, of course, people are choosing to divest from all the sharedropped tokens and only hold BTS, which in my opinion is not the best of strategies if we want DPOS to become the standard protocol that keeps on giving.  But even with that all these chains provide free advertising for BTS as they gain more traction simply by having "powered by BitShares" displayed openly on their pages--which benefits all users on all chains.  I could be wrong, but obviously I don't think I am or I would have shut up by now ;)

The best way to beat the competition, is to be the competition
Title: Re: Should we encourage poeple become share holders or customers?
Post by: Empirical1.1 on December 30, 2014, 11:33:04 pm
We need to leverage ALL bitshares chains to help one another.  Each chain, as it stands, will help adoption of the others. 

We do this by incenvitizing users of one ecosystem to use join other ecosystems.  For instance, what if logging into Peertracks every day gave you a chance at receiving a little bit of bitGold?  what if doing a daily quest in an on-chain bitshares PLAY game gave you a chance to get some bitshares Notes (so you could listen to some of your favorite tunes while you play)?

My main concern is that our community will
A) be too hateful of any chain that ISN'T BTS and thus will lock out this possible strategy (and many others)
B) be too interested in nitpicking everything Dev Delegates do to build new services for us...and will drive them away. 


C) May not happen because large chains will get more benefit from issuing their own BitGold type assets because of the increased demand the collateral requirements create for PLAY shares and thus benefits their shareholders vs. ours.

In the early phases it would not be in the best interest of any chain to do this.  This would only (in my mind) become feasible when there is enough of a userbase to sustain it.  With that said, PLAY will never want to do this because it opens them up to regulatory hindrances they currently have no need to deal with.

If/when it gets to that point, it would be a winner for all of us because then there will be assets that come out tracking baskets of these versions (bitGold, NoteGold(?), PLAYGold(?)...etc all combined into a version of ___Gold that is even MORE stable than any single chain's).

I am really confused though where this "their" shareholders and "ours" comes from though.  Unless, of course, people are choosing to divest from all the sharedropped tokens and only hold BTS, which in my opinion is not the best of strategies if we want DPOS to become the standard protocol that keeps on giving.  I could be wrong, but obviously I don't think I am or I would have shut up by now ;)

The best way to beat the competition, is to be the competition

We are all shareholders across a range DPOS related businesses and we can support more than one.

However each individual business is it's own competitive entity.

You hit the nail on the head with 'The best way to beat the competition is to be the competition'

Because of the open source nature of crypto, the optimal strategy is to cannibalise their offerings and 'be the competition' wherever it is more profitable to an individual DAC to do so imo.

At the same time some businesses are better suited to having their own bespoke blockchain so it's possible there are places where it's better to do what you suggest too.
Title: Re: Should we encourage poeple become share holders or customers?
Post by: eagleeye on December 31, 2014, 12:00:41 am
hi guys, after several months's reading, I register my fresh and only account.I want to say what I feel.

I feel we more like to encourage people to buy Bts, and make more people become our share holders.
But as you know, only the company those serve their customers well  can create real value and make real money. Serving customers is the guarantee of high price of the share.

I feel Bts is week on serving people and companies.  If BitUSD or BitCNY can be used in real world and help more people, value of BTS share  of course will increase. I wonder the community have too many innovations, but can hardly make and wait one innovation strong enough to serve people.

I agree with you, we want shareholders because those will advocate for you and turn into customers of bitAssets.