If anyone wants to drive BTS out of China and lost the only major fiat portal we could ever have in at least 6 months and ruin all the hard working promotion effort with serious VC investors , please do this .
Otherwise , don't .
No gambling should be on BTS wallet , period .
I've already obtained opinion from experienced lawyers .
If anyone wants to drive BTS out of China and lost the only major fiat portal we could ever have in at least 6 months and ruin all the hard working promotion effort with serious VC investors , please do this .
Otherwise , don't .
No gambling should be on BTS wallet , period .
I've already obtained opinion from experienced lawyers .
Agreed.. what about the BTS blockchain?
If anyone wants to drive BTS out of China and lost the only major fiat portal we could ever have in at least 6 months and ruin all the hard working promotion effort with serious VC investors , please do this .
Otherwise , don't .
No gambling should be on BTS wallet , period .
I've already obtained opinion from experienced lawyers .
Agreed.. what about the BTS blockchain?
you mean a different looking and branding wallet using the BTS chain ?
If anyone wants to drive BTS out of China and lost the only major fiat portal we could ever have in at least 6 months and ruin all the hard working promotion effort with serious VC investors , please do this .
Otherwise , don't .
No gambling should be on BTS wallet , period .
I've already obtained opinion from experienced lawyers .
Agreed.. what about the BTS blockchain?
If anyone wants to drive BTS out of China and lost the only major fiat portal we could ever have in at least 6 months and ruin all the hard working promotion effort with serious VC investors , please do this .
Otherwise , don't .
No gambling should be on BTS wallet , period .
I've already obtained opinion from experienced lawyers .
Agreed.. what about the BTS blockchain?
If the blockchain just had a function to produce a trustless random number, I don't think this implicates anything like gambling or what would be consider illegal anywhere. Then a 3rd party could use this function to produce whatever they wanted. though probably a little more complicated than just a random number, I'm guessing this is what your getting at?
I thought this was an excellent idea, and I believe the risk/reward ratio is highly in our favor. Bytemaster said that by the end of the year, anyone will be able to do this with smart contracts anyways, so the concerns about potential "regulatory crackdown" for gambling are a moot point. To turn down the opportunity to create some desperately needed utility for bitAssets at this point would be foolish.
As for user adoption, think about how many people play "bingo" instant lottery tickets. Hundreds of thousands? Millions? Imagine if they found out that they could play them online, using real money, to win real money. A lightweight wallet that you could fund and then play? And completely decentralized, so people from every country in the world would be driving the jackpots higher and higher. The upside potential is huge, considering the 80 hours it would take to implement. (bytemaster's estimate).
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
On the latest mumble, Bytemaster said that if BitShares was mentioned on too many mainstream media outlets or received too many new client downloads, then we could just remove the app it and keep the publicity.
BitShares Bingo would be to Bitshares what Solitaire is to Windows. A favorite program of some.
BitCNY gaming is real CNY because BTC38 is a gateway for real CNY
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
Yes this.
It is quite possible that our excellent chinese marketing and community will manage to take BTS viral provided that:
1) We get a stable release version, lite wallet, etc released in a reasonable time frame, and
2) We don't shoot ourselves in the foot and piss them off all the chinese investors.
Agreed . Time frame matters . Etherum will be out in March , and several other projects competing for market space . If 1.0 weren't ready by then , there maybe no second chances to let some of the major investors stay . Now there are only 27 days left .
And we just failed the network again on last Saturday with reasons unknown .
It's to luxurious to focus on anything else for the moment , including gambling and BM's blog .
Agreed . Time frame matters . Etherum will be out in March , and several other projects competing for market space . If 1.0 weren't ready by then , there maybe no second chances to let some of the major investors stay . Now there are only 27 days left .
And we just failed the network again on last Saturday with reasons unknown .
It's to luxurious to focus on anything else for the moment , including gambling and BM's blog .
I fully agree. Get this stable & user-friendly ASAP. Then we can sell it.
Agreed . Time frame matters . Etherum will be out in March , and several other projects competing for market space . If 1.0 weren't ready by then , there maybe no second chances to let some of the major investors stay . Now there are only 27 days left .
And we just failed the network again on last Saturday with reasons unknown .
It's to luxurious to focus on anything else for the moment , including gambling and BM's blog .
I fully agree. Get this stable & user-friendly ASAP. Then we can sell it.
I voted that I support the gambling idea, but in the interests of time I too think it is way more important to get what we have stable and perfect first. BTS gambling can be reconsidered once we're rock solid and looking for new ways to expand the ecosystem.
Also agree about the blog-time. There's just no way that the number of users positively turned on to BTS from the blog justifies the time necessary to prepare posts for it. In fact there's a good chance plenty more potentially-interested users have been fully turned off to BTS due to the controversial nature of several articles...
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
Agreed . Time frame matters . Etherum will be out in March , and several other projects competing for market space . If 1.0 weren't ready by then , there maybe no second chances to let some of the major investors stay . Now there are only 27 days left .
And we just failed the network again on last Saturday with reasons unknown .
It's to luxurious to focus on anything else for the moment , including gambling and BM's blog .
I fully agree. Get this stable & user-friendly ASAP. Then we can sell it.
There needs to be a third option...discuss again in 6 months.
It wont be the lack of features that prevent people from using BitShares...
Mainstream adoption will NEVER EVER EVER EVER EVER happen if the product is clunky, buggy, and looks like shit. If you think I'm wrong, point me to an example. THIS SHOULD BE PRIORITY NUMBER 1. Trading in the decentralized market should be as smooth, clean, and simple as trading on Bter. Looks matter. CLI functions, even if can be used by power users, should be considered as non-existent, and never advertised. If its not easy to use, for all practical purposes, it doesn't exist. Who do we want to attract, upper class business folks, or degenerate gamblers looking for their Bingo fix??
I agree with 'Discuss this again in several months".
Get the stable client and lite wallet that we need NOW out asap. We have tons of good ideas already. We need execution on these ideas more than we need more ideas right now.
I agree with 'Discuss this again in several months".
Get the stable client and lite wallet that we need NOW out asap. We have tons of good ideas already. We need execution on these ideas more than we need more ideas right now.
+5% +5%
Mainstream adoption will NEVER EVER EVER EVER EVER happen if the product is clunky, buggy, and looks like shit. If you think I'm wrong, point me to an example.
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
No new features in the blockchain!!!!+5% +5% +5%
The things listed here is all we need:
https://github.com/BitShares/bitshares/milestones
All other resources beyond this should be focusing on UX. Unless UX is perfect then NO MORE FEATURES!
Agreed . Time frame matters . Etherum will be out in March , and several other projects competing for market space . If 1.0 weren't ready by then , there maybe no second chances to let some of the major investors stay . Now there are only 27 days left .
And we just failed the network again on last Saturday with reasons unknown .
It's to luxurious to focus on anything else for the moment , including gambling and BM's blog .
I fully agree. Get this stable & user-friendly ASAP. Then we can sell it.
This. +5%
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
If someone branched bitshares into bingoshares and share-dropped 100% on BTS, I wonder how it would do ;)
Wasnt the focus on a stable release, a light client, and bitusd? Why always create distractions that are counter-productive in the end?
If anyone wants to drive BTS out of China and lost the only major fiat portal we could ever have in at least 6 months and ruin all the hard working promotion effort with serious VC investors , please do this .+5%
Otherwise , don't .
No gambling should be on BTS wallet , period .
I've already obtained opinion from experienced lawyers .
I definitely don't want to mess with anything that could damage BTS in China but BTS is supposed to be a Super-DAC not a SuperLimited/Constrained-DAC. It means we need other DACs.
Online - Bitcoin - & now blockchain based gambling is hugely lucrative. If our rockstar developers are capable of & want to add gambling to a DPOS blockchain why should they and we miss out on that value.
No new features in the blockchain!!!!Agree！ +5%
The things listed here is all we need:
https://github.com/BitShares/bitshares/milestones
All other resources beyond this should be focusing on UX. Unless UX is perfect then NO MORE FEATURES!
nope , 3 months ago , it was BM himself said gambling in super-dac would be a "political incorrect" idea .
nope , 3 months ago , it was BM himself said gambling in super-dac would be a "political incorrect" idea .
The sudden latching onto this by BM shows me he is realizing we are in a desperate situation. The merger happened after he figured out that BTSX was in trouble and it gave a temporary lifeline. Now he sees gambling as a way to prop it up.
BTC is about to take a massive dive. If as expected it pulls down BTS with it it means the whole system would collapse on itself as dilution have to be increased to fund the developers. All the while BM would be preaching the BitShares 'philosophy' with the BitAssets gather dust.
nope , 3 months ago , it was BM himself said gambling in super-dac would be a "political incorrect" idea .
The sudden latching onto this by BM shows me he is realizing we are in a desperate situation. The merger happened after he figured out that BTSX was in trouble and it gave a temporary lifeline. Now he sees gambling as a way to prop it up.
BTC is about to take a massive dive. If as expected it pulls down BTS with it it means the whole system would collapse on itself as dilution have to be increased to fund the developers. All the while BM would be preaching the BitShares 'philosophy' with the BitAssets gather dust.
nope , 3 months ago , it was BM himself said gambling in super-dac would be a "political incorrect" idea .
The sudden latching onto this by BM shows me he is realizing we are in a desperate situation. The merger happened after he figured out that BTSX was in trouble and it gave a temporary lifeline. Now he sees gambling as a way to prop it up.
BTC is about to take a massive dive. If as expected it pulls down BTS with it it means the whole system would collapse on itself as dilution have to be increased to fund the developers. All the while BM would be preaching the BitShares 'philosophy' with the BitAssets gather dust.
In China , gamble is public enemy No.1 of every family .
People worry their kids and spouses to gamble away all their savings .
If a mother found out his teenage son spent 100USD on a gambling game easily , she will contact the major media and expose the game provider . Where his son deposit their money , exchanges , gateways , whatever , BTS would turned into a monster in a matter days .
The police would have to act on the complaint .
Anyway , I guess not only China . This thing is controlled in the US as well .
Especially in the Bitcoin dive , it's too risky to risk the only fiat portal we could afford in 6 months .
I still remembers the debit card fiasco . Wanting something doesn't make it true , hard work and serious product will get us out of the jam . Hell , if this had been done in the past months instead of thinking about all those unrealistic plans , we could have stable mobile wallet using in Africa by now with billions of potential BitUSD and BitCNY demands . Our guy in Africa is still waiting a stable protocol and mobile wallet , I have to calm him down and stall him to use our product . (this guy is serious , contact with richest Chinese in Africa )
Why not grab those we can afford right in front of our eyes instead wasting time chasing dreams ?
nope , 3 months ago , it was BM himself said gambling in super-dac would be a "political incorrect" idea .
The sudden latching onto this by BM shows me he is realizing we are in a desperate situation. The merger happened after he figured out that BTSX was in trouble and it gave a temporary lifeline. Now he sees gambling as a way to prop it up.
BTC is about to take a massive dive. If as expected it pulls down BTS with it it means the whole system would collapse on itself as dilution have to be increased to fund the developers. All the while BM would be preaching the BitShares 'philosophy' with the BitAssets gather dust.
In China , gamble is public enemy No.1 of every family .
People worry their kids and spouses to gamble away all their savings .
If a mother found out his teenage son spent 100USD on a gambling game easily , she will contact the major media and expose the game provider . Where his son deposit their money , exchanges , gateways , whatever , BTS would turned into a monster in a matter days .
The police would have to act on the complaint .
Anyway , I guess not only China . This thing is controlled in the US as well .
Especially in the Bitcoin dive , it's too risky to risk the only fiat portal we could afford in 6 months .
I still remembers the debit card fiasco . Wanting something doesn't make it true , hard work and serious product will get us out of the jam . Hell , if this had been done in the past months instead of thinking about all those unrealistic plans , we could have stable mobile wallet using in Africa by now with billions of potential BitUSD and BitCNY demands . Our guy in Africa is still waiting a stable protocol and mobile wallet , I have to calm him down and stall him to use our product . (this guy is serious , contact with richest Chinese in Africa )
Why not grab those we can afford right in front of our eyes instead wasting time chasing dreams ?
I find it ironic that you say gambling is public enemy #1 in china, yet the investment in crypto currencies that we are trying to push is one of the riskiest investments one could make. And if gambling is viewed so horribly in china, why is Macau the biggest gambling center on the planet?
Absolutely not. We need to focus on getting a stable client and marketing of bitAssets. This is completely counter-productive and will only drag things further. Don't forget the original vision. Don't get distracted by 'funny' ideas. BitShares needs to be a successful user friendly decentralized exchange first, with stable client, etc. This is just a distraction that has nothing to do with BitShares. This is why Play exists, a chain for gaming and betting.
Don't try to fix what's not broken. Set an objective and follow through. It's common sense if one tries to do many things at the same time, it will only create a mess in the end. Better focus on a single objective and have it done perfectly than having multiple ideas around and trying to do multiple things at the same time because in the end, the result will be awful. Not to mention it's a waste of time an resources BitShares cannot allow to have in order to keep up with the race.
This is just straying from the path. Just focus please. Remember the original goals. Please don't mess this up.
I thought this was an excellent idea, and I believe the risk/reward ratio is highly in our favor. Bytemaster said that by the end of the year, anyone will be able to do this with smart contracts anyways, so the concerns about potential "regulatory crackdown" for gambling are a moot point. To turn down the opportunity to create some desperately needed utility for bitAssets at this point would be foolish.
As for user adoption, think about how many people play "bingo" instant lottery tickets. Hundreds of thousands? Millions? Imagine if they found out that they could play them online, using real money, to win real money. A lightweight wallet that you could fund and then play? And completely decentralized, so people from every country in the world would be driving the jackpots higher and higher. The upside potential is huge, considering the 80 hours it would take to implement. (bytemaster's estimate).
Without a major fiat portal to support the price of BTS , do you really think BTA can be used by millions of users ?
Until the fully decentralized trading status achieved (tens of thousands of gateways around the world) , we shouldn't be gambling with the only fiat portal at hand , period .
BTA relies on BTS .
After listening to Bytemasters reasoning, I have changed my mind and agree that the wallet needs to have a fun element.
This should be optional add-on to the wallet.
There should be many add-on wallet options
After listening to Bytemasters reasoning, I have changed my mind and agree that the wallet needs to have a fun element.
This should be optional add-on to the wallet.
There should be many add-on wallet options
If you put it into the client, the delegates will be pushed out of europe, the US, the UK and china due to gambling laws.
Who says that delegates are liable for anything?
I see it the same .. delegates are just building blocks from transactions ..If you put it into the client, the delegates will be pushed out of europe, the US, the UK and china due to gambling laws.
Who says that delegates are liable for anything?
I see it the same .. delegates are just building blocks from transactions ..
the only two things they are liable for are signing blocks and publishing feeds ..
the content of the blocks is not the matter of the delegate
Hu? Since when is randomness regulated?I see it the same .. delegates are just building blocks from transactions ..
the only two things they are liable for are signing blocks and publishing feeds ..
the content of the blocks is not the matter of the delegate
If you have them generating random numbers specifically for this purpose, though, that's a different matter.
Who says that delegates are liable for anything?
If the delegates decide the outcome of the bet directly, they will be liable. Now, if you could make it true peer to peer, then there would not be a problem :)
I think anything like this needs to be done by a third party, not by anyone with 'official' ties to bitshares.
After listening to Bytemasters reasoning, I have changed my mind and agree that the wallet needs to have a fun element.
This should be optional add-on to the wallet.
There should be many add-on wallet options
If you want gambling with bitAssets, why not consider providing some kind of legal umbrella - acquire a licence in the most cost effective jurisdiction and then create an API for bitshares gambling projects to use. That way you open the doors to all kinds of different projects while taking some cut of their profits to pay for the licencing and legal requirements.+5%
If anyone wants to drive BTS out of China and lost the only major fiat portal we could ever have in at least 6 months and ruin all the hard working promotion effort with serious VC investors , please do this .Actually , it is a very interesting place in China, there are many gaming are running centralization services, geme using mortgage securities in taobao.com
Otherwise , don't .
No gambling should be on BTS wallet , period .
I've already obtained opinion from experienced lawyers .
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
This is dead but I'm interested, what's the status on this, any updates? This was February, we're in November now and I didn't hear any more news from China ever since.
Seeing as that BM realises BTS is about to fail and is putting it in as a desperate step, everybody should vote yes.
spoiler alert : BTS is gonna go viral in several months due to some major promotion effort in China , unless we do something to drag their feet . A crowd funding company already got millions of USD of VC to operate their operation on BTS . That's once in a life time opportunity for BTS .
As a matter of fact , all they want is no more surprises , a stable wallet and protocol , everything will work out eventually .
This is dead but I'm interested, what's the status on this, any updates? This was February, we're in November now and I didn't hear any more news from China ever since.
You must have missed it.. but the poll results speak for themselves.. they dropped this idea fast.