BitShares Forum

Main => General Discussion => Topic started by: speedy on December 24, 2015, 03:41:11 pm

Title: POLL: Why are you still hodling BTS?
Post by: speedy on December 24, 2015, 03:41:11 pm
Just wondering what others think, as I ask this myself.
Title: Re: POLL: Why are you still hodling BTS?
Post by: yvv on December 24, 2015, 03:57:13 pm
For collateral of course.
Title: Re: POLL: Why are you still hodling BTS?
Post by: puppies on December 24, 2015, 04:06:28 pm
I'm here for the cause. 

Rather than just whining about the fed, or attempting to join the mafia with the hopes that we can change the mafia from within, BitShares is a direct attempt at competition.  If we can make the bankers and the politicians redundant, then we will have won. 

I HODL, because of a wish for a better future.  A future where people are free to meet each others needs, without the distortions, manipulations, and theft of our current system. 

I HODL out of care for my genes, and compassion for all mankind.
Title: Re: POLL: Why are you still hodling BTS?
Post by: VoR0220 on December 24, 2015, 04:07:38 pm
I am holding onto BTS because I believe that along with Ethereum, it is going to be the only other cryptocurrency 2.0 project to make a difference...and I actually see the model of DPOS melding quite well into the new Ethereum Serenity model if I understand it correctly.
Title: Re: POLL: Why are you still hodling BTS?
Post by: cass on December 24, 2015, 04:22:53 pm
why not? Cause i don't have any BTS to hold .. unfortunately i had to sell them over the past weeks  to get some private related challenge solved
Title: Re: POLL: Why are you still hodling BTS?
Post by: speedy on December 24, 2015, 04:29:26 pm
why not? Cause i don't have any BTS to hold .. unfortunately i had to sell them over the past weeks  to get some private related challenge solved

Man it sucks when the core devs dont have any stake in the project :(
Title: Re: POLL: Why are you still hodling BTS?
Post by: TravelsAsia on December 24, 2015, 04:33:37 pm
I hold some BTS with the hope that BitShares continues to evolve to support MUSE. I also hope to buy back in if it drops to where I'm speculating.
Title: Re: POLL: Why are you still hodling BTS?
Post by: Thom on December 24, 2015, 04:36:38 pm
I'm here for the cause. 

Rather than just whining about the fed, or attempting to join the mafia with the hopes that we can change the mafia from within, BitShares is a direct attempt at competition.  If we can make the bankers and the politicians redundant, then we will have won. 

I HODL, because of a wish for a better future.  A future where people are free to meet each others needs, without the distortions, manipulations, and theft of our current system. 

I HODL out of care for my genes, and compassion for all mankind.

Eloquent and to the point. Couldn't have said it better.
Title: Re: POLL: Why are you still hodling BTS?
Post by: lil_jay890 on December 24, 2015, 04:41:48 pm
I bought because I thought bitshares was going to be a levered play on bitcoin and it would have a higher beta than bitcoin. I bought cuz I read that article by Stan talking about some giant sucking noise of all the money running out of bitcoin and into dpos.

Now I'm a bagholder...
Title: Re: POLL: Why are you still hodling BTS?
Post by: cass on December 24, 2015, 04:43:53 pm
why not? Cause i don't have any BTS to hold .. unfortunately i had to sell them over the past weeks  to get some private related challenge solved

Man it sucks when the core devs dont have any stake in the project :(

tbh yes, it's not the best motivation .. but i will publish a worker proposal soon..
Title: Re: POLL: Why are you still hodling BTS?
Post by: abit on December 24, 2015, 05:01:02 pm
why not? Cause i don't have any BTS to hold .. unfortunately i had to sell them over the past weeks  to get some private related challenge solved

Man it sucks when the core devs dont have any stake in the project :(

tbh yes, it's not the best motivation .. but i will publish a worker proposal soon..
Good. And dump more.  :P
Title: Re: POLL: Why are you still hodling BTS?
Post by: cass on December 24, 2015, 05:18:11 pm
why not? Cause i don't have any BTS to hold .. unfortunately i had to sell them over the past weeks  to get some private related challenge solved

Man it sucks when the core devs dont have any stake in the project :(

tbh yes, it's not the best motivation .. but i will publish a worker proposal soon..
Good. And dump more.  :P

lol ---  .. or stop contributing .. i don't know what's better choice for BTS .. stakeholder should decide it ..
(and who says i will sell them, don't you think, as i'm contributing nearly 2.5 years now ... i'm not a believer?
Maybe u are right, i will rethink my consideration again ... as i don't want to dump 1 BTS if possible :P )


Merry Xmas ...
Title: Re: POLL: Why are you still hodling BTS?
Post by: Riverhead on December 24, 2015, 08:26:23 pm
Surprised I'm the only one who has chosen I believe some bank/exchange is going to adopt BitShares as their backend.
I hold because I believe crypto is just coming out off its shell and Bitshares has yet to be discovered. I hold because I believe there is a combination of use case and enhancement that'll click and adoption will soar. All the ideological benefits many are seeking will come along for the ride.

(http://i.imgur.com/mcrb8FO.jpg)
Title: Re: POLL: Why are you still hodling BTS?
Post by: fuzzy on December 24, 2015, 08:55:50 pm
why not? Cause i don't have any BTS to hold .. unfortunately i had to sell them over the past weeks  to get some private related challenge solved

Man it sucks when the core devs dont have any stake in the project :(

tbh yes, it's not the best motivation .. but i will publish a worker proposal soon..
Good. And dump more.  :P

lol ---  .. or stop contributing .. i don't know what's better choice for BTS .. stakeholder should decide it ..
(and who says i will sell them, don't you think, as i'm contributing nearly 2.5 years now ... i'm not a believer?
Maybe u are right, i will rethink my consideration again ... as i don't want to dump 1 BTS if possible :P )


Merry Xmas ...

what makes dpos amazing is that it gives the community surrounding a project the ability to decide how to distribute their tokens.  to me the people who build and work for bitshares should be given tokens in the system.  there is no better way to distribute.  people for some reason forget that while they complain others are carrying weight and moving constantly to help bring value to bitshares...then i see people just make ridiculous comments like this. 

please good sir show me what you have done lately.  what sacrifices have you made personally? and dont tell me you pay by losing money.  in this space it is absurd to think its going to be all upside all the time. :/
Title: Re: POLL: Why are you still hodling BTS?
Post by: julian1 on December 24, 2015, 08:59:53 pm
I remember the incredible sense of excitement I felt playing around in the cli for the first time after compiling the client. The combination of price-stable currencies, 10 second consensus, and anonymity was a revelation.

It was like my own interface to an open-source version of swift or something - felt very dark-web and empowering.

That excitement was probably matched by shock, when the community chose the "bts as equity rather than currency" model to continue funding itself. To me using inflation/dilution made us no  better than central-banks and there was a loss of legitimacy.

I never sold - but stopped investing at that point.
Title: Re: POLL: Why are you still hodling BTS?
Post by: tonyk on December 24, 2015, 09:51:24 pm
Out of pure stupidity, naivety and masochism.

Stupidity well that one is obvious.

Naivety - for blindly believing for 2.5 years that BM has a great talent, intention and dedication to build the best financial system on the planet - when in reality as it is obvious now he s here just to get paid by diluting BTS while doing whatever new comes to his mind each week. The exchange and smartcoins part is now gone in favour of whatever new 'idea' he has... some mutual something I believe is the latest invention that will bring the bright future...for sure.

Masochism - aside from greatly enjoying my investment fall 90%, while the leader of the project is enjoying his endless thought experiments. I also enjoy being lectured by  someone that has no stake in the project how my financial loses are nothing according to him, while at the same time from his high horse he is teaching me which sacrifices he values and which he considers ridiculous complains... to say nothing the enjoyment it brings to be educated that "what makes dpos amazing is that it gives the community surrounding a project the ability to decide how to distribute their tokens. " 

anyways
Merry X-mas
Title: Re: POLL: Why are you still hodling BTS?
Post by: cass on December 24, 2015, 10:24:43 pm
Out of pure stupidity, naivety and masochism.

Stupidity well that one is obvious.

Naivety - for blindly believing for 2.5 years that BM has a great talent, intention and dedication to build the best financial system on the planet - when in reality as it is obvious now he s here just to get paid by diluting BTS while doing whatever new comes to his mind each week. The exchange and smartcoins part is now gone in favour of whatever new 'idea' he has... some mutual something I believe is the latest invention that will bring the bright future...for sure.

Masochism - aside from greatly enjoying my investment fall 90%, while the leader of the project is enjoying his endless thought experiments. I also enjoy being lectured by  someone that has no stake in the project how my financial loses are nothing according to him, while at the same time from his high horse he is teaching me which sacrifices he values and which he considers ridiculous complains... to say nothing the enjoyment it brings to be educated that "what makes dpos amazing is that it gives the community surrounding a project the ability to decide how to distribute their tokens. " 

anyways
Merry X-mas

Merry X-mas dude :)

Title: Re: POLL: Why are you still hodling BTS?
Post by: xeroc on December 24, 2015, 10:48:06 pm
I am hodling because I understand the tech and know that there is not a single competitor having solved as many problems as graphene/bitshares.
This tech is so amazing and the devs have put so much flexibility and imho people simply dont understand it yet ..
Title: Re: POLL: Why are you still hodling BTS?
Post by: clayop on December 24, 2015, 10:57:41 pm
Tech is the best IMO, but PR is very bad... Why doesn't BM travel the US and the world to spread the words of BitShares? :)
Merry Christmas!
Title: Re: POLL: Why are you still hodling BTS?
Post by: Riverhead on December 24, 2015, 11:13:25 pm
Tech is the best IMO, but PR is very bad... Why doesn't BM travel the US and the world to spread the words of BitShares? :)
Merry Christmas!


Stan did a great job in China :).
Title: Re: POLL: Why are you still hodling BTS?
Post by: bytemaster on December 24, 2015, 11:42:42 pm
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.

We are constantly learning and improving. Crypto isn't currently ready for the main stream.  No one has quite figured it out yet. 

Graphene and BitShares is an amazing foundation.  We just need to keep focus on a higher purpose and not get caught up in "price". 

CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem. 
Title: Re: POLL: Why are you still hodling BTS?
Post by: infovortice2013 on December 24, 2015, 11:53:06 pm
Yeah i dont sell (and buy moar bts) i understand tech, i understand devs, i understand actual financial hacking system and paying passarels, and yeah im proud of low prices giving a chance to buy more.

if bitshares makes a call to visa or mastercard  ... can feel devs stay with us bitshares, a sharedrop of VisaShares will be amazing.
also makes rural - wallstreet will be enought, can take a piece of bar in netherlands or shop in london ect.. with 4 clicks just amazing.

I wanna be rich, im know holding bitshares can do it for me. and also holding and little trading for devs-delegates can have good payment

Title: Re: POLL: Why are you still hodling BTS?
Post by: tonyk on December 25, 2015, 01:00:35 am
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.

We are constantly learning and improving. Crypto isn't currently ready for the main stream.  No one has quite figured it out yet. 

Graphene and BitShares is an amazing foundation.  We just need to keep focus on a higher purpose and not get caught up in "price". 

CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem.

Great idea Dan!!! Invest your money in us and then do not pay too much attention to the price (i.e. your money).

@onceuponatime I hope you are listing.... an ideology especially you should prepare yourself to believe in.

Title: Re: POLL: Why are you still hodling BTS?
Post by: Empirical1.2 on December 25, 2015, 01:11:58 am
I remember the incredible sense of excitement I felt playing around in the cli for the first time after compiling the client. The combination of price-stable currencies, 10 second consensus, and anonymity was a revelation.

It was like my own interface to an open-source version of swift or something - felt very dark-web and empowering.

That excitement was probably matched by shock, when the community chose the "bts as equity rather than currency" model to continue funding itself. To me using inflation/dilution made us no  better than central-banks and there was a loss of legitimacy.

I never sold - but stopped investing at that point.

Pretty similar to me, except I have sold excl. merger allocation.

I always understood, Bytemaster's DAC vs. Money idea and the advantages of the former lacked the understanding imo that DACs require increased trust in others when the very problem BTC solved was how to reduce trust required. (Despite increased transparency, due to lack of legal fallback and anonymity, DACs are actually inferior even to their centralised counterparts and are a regression in this area,  and mainly offer added value if you want to target business models that operate in legal grey areas because of the difficulty in shutting them down but this is something BTS has thus far shyed away from and the witness system is not necessarily ideally suited to either.)

When he combined the concept of currency & a DAC on one platform though, I thought the man's a genius, the market will love this and it did, it was also exactly the right time for it, right place, right time, I thought two years from now this man will be richer than Satoshi and make more of a positive impact on the world.

If he expands his focus and tries to answer the question again now, 'how can I create a currency that is superior to what's on the market, in that it requires less trust, has less waste, is better distributed, can reach consensus on blockchain upgrades but not supply - unpossible? , has BitAssets and has some funding to put into that and marketing, example referral system. Then he may find some success easily again because I think the market knows Bitcoin is structurally flawed and may not be the dominant currency 5 years from now.

BTS will have to hit on a profitable product or perhaps be adopted by a larger player like for example overstock to grow considerably in value next year while the way it's looking atm POW currencies should have a strong 2016 despite their waste.

Nothing wrong with creating the successor to Bitcoin and the World's most successful DAC.


Title: Re: POLL: Why are you still hodling BTS?
Post by: Empirical1.2 on December 25, 2015, 01:13:43 am
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.

We are constantly learning and improving. Crypto isn't currently ready for the main stream.  No one has quite figured it out yet. 

Graphene and BitShares is an amazing foundation.  We just need to keep focus on a higher purpose and not get caught up in "price". 

CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem.

Great idea Dan!!! Invest your money in us and then do not pay too much attention to the price (i.e. your money).

@onceuponatime I hope you are listing.... an ideology especially you should prepare yourself to believe in.

IIRC Dan used to be all about the price, profit and whether something adds value, BTS's abysmal market performance has lead to statements like 'lets not focus on price' , 'it's about the vision' (the vision was always important but if IIRC it was understood while short term price was irrelevant profitablility and or price growth was obviously necessary to sustain it.)

Merry Xmas everyone, if nothing else BTS is a great place for interesting debates!  :)
Title: Re: POLL: Why are you still hodling BTS?
Post by: onceuponatime on December 25, 2015, 01:17:31 am
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.

We are constantly learning and improving. Crypto isn't currently ready for the main stream.  No one has quite figured it out yet. 

Graphene and BitShares is an amazing foundation.  We just need to keep focus on a higher purpose and not get caught up in "price". 

CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem.

Great idea Dan!!! Invest your money in us and then do not pay too much attention to the price (i.e. your money).

@onceuponatime I hope you are listing.... an ideology especially you should prepare yourself to believe in.

Poor Tony. So lost in cynicism.

Do you remember the good ol'  days when Bitcoin dropped from $30 to less that $2? What did you sell at? $20? $15?  $8? Did you hold until it fell to $5? $4? $3? ..... or did you finally give up hope when it went below $2?

Or were you in it for the vision and held and bought more? Like I did. And stuck with it until BitShares came along and moved over to an even better vision.
Title: Re: POLL: Why are you still hodling BTS?
Post by: mike623317 on December 25, 2015, 01:31:58 am
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.

We are constantly learning and improving. Crypto isn't currently ready for the main stream.  No one has quite figured it out yet. 

Graphene and BitShares is an amazing foundation.  We just need to keep focus on a higher purpose and not get caught up in "price". 

CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem.

Well said Dan. Time for a break. Lets hope 2016 sees more adoption to go along with your teams continual innovation.
Merry Christmas everyone.
Title: Re: POLL: Why are you still hodling BTS?
Post by: mike623317 on December 25, 2015, 01:35:43 am
I am hodling because I understand the tech and know that there is not a single competitor having solved as many problems as graphene/bitshares.
This tech is so amazing and the devs have put so much flexibility and imho people simply dont understand it yet ..

 +5%
Title: Re: POLL: Why are you still hodling BTS?
Post by: BunkerChainLabs-DataSecurityNode on December 25, 2015, 02:46:21 am
It's my opinion that Bitshares will increase in value in the near future.

I believe in what we can do with Bitshares 110% and have put everything I have in business behind it. I see lots of different things happening with different folks, but I hold this believe solely based on my own knowledge, volition, and actions.
Title: Re: POLL: Why are you still hodling BTS?
Post by: wallace on December 25, 2015, 03:36:26 am
Tech is the best IMO, but PR is very bad... Why doesn't BM travel the US and the world to spread the words of BitShares? :)
Merry Christmas!


Stan did a great job in China :).

seriously? I don't want to say this but I have to tell you almost nobody in china care about Stan!

anyway, Merry Xmas
Title: Re: POLL: Why are you still hodling BTS?
Post by: Stan on December 25, 2015, 03:37:46 am
We are light-years ahead of where we were 30 months ago.

Given the availability of that proven real-time platform,
and the demonstrated ability to overcome many problems
and the lessons learned from the mistakes made along the way
and the strong community and skilled talent we have supporting us
and the number of business models that can now be cranked out in rapid succession
and the opportunities for all kinds of entrepreneurs to make a profit with minimal investment
and the strong team of incurable pessimists to ensure that we remain the humblest people in all human history

...would we be as willing to start today as we were back before we had any of that?

Uh, yeah...


Merry Christmas everyone, we are just getting started.
Title: Re: POLL: Why are you still hodling BTS?
Post by: Riverhead on December 25, 2015, 04:03:35 am
Tech is the best IMO, but PR is very bad... Why doesn't BM travel the US and the world to spread the words of BitShares? :)
Merry Christmas!


Stan did a great job in China :) .

seriously? I don't want to say this but I have to tell you almost nobody in china care about Stan!


It's not always about China. Even in China.
Title: Re: POLL: Why are you still hodling BTS?
Post by: tonyk on December 25, 2015, 04:51:50 am
We are light-years ahead of where we were 30 months ago.


...would we be as willing to start today as we were back before we had any of that?

Uh, yeah...


Merry Christmas everyone, we are just getting started.

I know you are exited. You believe you have combined the money printing press with the ability to live in a lala land and spend the time dreaming of the virtual reality of only your own genius inventions all around.

Unfortunately for you the price of BTS is  not only the bell it is supposed to be [ringing and informing you of the sanity of your decisions as you make them], but also the limiting factor on the total craziness one [read you] is able to go. And it when it starts ringing - 'Nothing else financeable', 6-9 mo. from now I am sure you will hear it [or will not be able to deny it anyways].

Title: Re: POLL: Why are you still hodling BTS?
Post by: btswildpig on December 25, 2015, 05:03:01 am
no rocket photos ?  :P
Title: Re: POLL: Why are you still hodling BTS?
Post by: Stan on December 25, 2015, 05:21:42 am
Just for you...

(http://i194.photobucket.com/albums/z159/countziero/pb2.jpg)
Title: Re: POLL: Why are you still hodling BTS?
Post by: Stan on December 25, 2015, 05:25:09 am
We are light-years ahead of where we were 30 months ago.


...would we be as willing to start today as we were back before we had any of that?

Uh, yeah...


Merry Christmas everyone, we are just getting started.

I know you are exited. You believe you have combined the money printing press with the ability to live in a lala land and spend the time dreaming of the virtual reality of only your own genius inventions all around.

Unfortunately for you the price of BTS is  not only the bell it is supposed to be [ringing and informing you of the sanity of your decisions as you make them], but also the limiting factor on the total craziness one [read you] is able to go. And it when it starts ringing - 'Nothing else financeable', 6-9 mo. from now I am sure you will hear it [or will not be able to deny it anyways].


It isn't what we don't know that gives us trouble, it's what we know that ain't so.

Will Rogers
Title: Re: POLL: Why are you still hodling BTS?
Post by: tonyk on December 25, 2015, 05:36:17 am
We are light-years ahead of where we were 30 months ago.


...would we be as willing to start today as we were back before we had any of that?

Uh, yeah...


Merry Christmas everyone, we are just getting started.

I know you are exited. You believe you have combined the money printing press with the ability to live in a lala land and spend the time dreaming of the virtual reality of only your own genius inventions all around.

Unfortunately for you the price of BTS is  not only the bell it is supposed to be [ringing and informing you of the sanity of your decisions as you make them], but also the limiting factor on the total craziness one [read you] is able to go. And it when it starts ringing - 'Nothing else financeable', 6-9 mo. from now I am sure you will hear it [or will not be able to deny it anyways].


It isn't what we don't know that gives us trouble, it's what we know that ain't so.

Will Rogers

Yes, that is partially what I mean * - your self assuredness ain't so... fact based.

* referred in my previous post as the "ability to live in a lala land "
Title: Re: POLL: Why are you still hodling BTS?
Post by: btswildpig on December 25, 2015, 05:58:09 am
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.

We are constantly learning and improving. Crypto isn't currently ready for the main stream.  No one has quite figured it out yet. 

Graphene and BitShares is an amazing foundation.  We just need to keep focus on a higher purpose and not get caught up in "price". 

CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem.

The price , liquidity , gaining more capital and speculation so that BTA can be created and redeemed with real liquidity are also a important part of the BitShares eco-system .
In fact , from the design of BTA , it's safe to assume that everything about it has a strong tie to the price and speculation .
If people do not caught up in the price , then they don't form an opinion on long/short position , then no BTA market .
Title: Re: POLL: Why are you still hodling BTS?
Post by: tonyk on December 25, 2015, 06:29:20 am
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.

We are constantly learning and improving. Crypto isn't currently ready for the main stream.  No one has quite figured it out yet. 

Graphene and BitShares is an amazing foundation.  We just need to keep focus on a higher purpose and not get caught up in "price". 

CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem.

The price , liquidity , gaining more capital and speculation so that BTA can be created and redeemed with real liquidity are also a important part of the BitShares eco-system .
In fact , from the design of BTA , it's safe to assume that everything about it has a strong tie to the price and speculation .
If people do not caught up in the price , then they don't form an opinion on long/short position , then no BTA market .

ooh wild pig.... you have not heard the news? smar coins are so yesterday now... we have a new thingy...'mutual something -' no prices needed - you just smoke drink or drive like crazy and 100's of people pay for it.... money maker no doubt!



BTS smar coins tm - and yes the 't' is intentionally missing...as in 75% finished 'smart coin'
Title: Re: POLL: Why are you still hodling BTS?
Post by: NewMine on December 25, 2015, 06:52:08 am
Out of pure stupidity, naivety and masochism.

Stupidity well that one is obvious.

Naivety - for blindly believing for 2.5 years that BM has a great talent, intention and dedication to build the best financial system on the planet - when in reality as it is obvious now he s here just to get paid by diluting BTS while doing whatever new comes to his mind each week. The exchange and smartcoins part is now gone in favour of whatever new 'idea' he has... some mutual something I believe is the latest invention that will bring the bright future...for sure.

Masochism - aside from greatly enjoying my investment fall 90%, while the leader of the project is enjoying his endless thought experiments. I also enjoy being lectured by  someone that has no stake in the project how my financial loses are nothing according to him, while at the same time from his high horse he is teaching me which sacrifices he values and which he considers ridiculous complains... to say nothing the enjoyment it brings to be educated that "what makes dpos amazing is that it gives the community surrounding a project the ability to decide how to distribute their tokens. " 

anyways
Merry X-mas

Holy shit. You do realize I have been saying this for over a year now, right?
Title: Re: POLL: Why are you still hodling BTS?
Post by: Ben Mason on December 25, 2015, 10:21:28 am
One day, everyone who paid, everyone who held, everyone who worked, developed and built this platform will have something of value. There is already something of great value, an incredible community and an incredible blockchain platform. It's unfortunate that there have been casualties in order to get here. We've made mistakes and in our pursuit of overcoming funding issues and being at the bleeding edge of R&D, there are valued community members that have lost conviction and on the face of it, capital. I hope that we can regain their conviction or at the very least, return them to parity on their investment.

For me, the risks are far outweighed by the potential benefits.....there is no other realistic competition to the current financial system and there is no other blockchain platform like BitShares. Let's not forget, Dan is the primary reason BitShares exists at all. He's inspired a dedicated and extraordinarily talented development team. He's inspired this community....one with proven resilience, remarkable dynamism and great integrity.

I genuinely believe that the biggest existing issue is time. Time to get things right. We've got so much less to get right tomorrow than we had yesterday. This was never going to be easy but we can do it....we can realise a vision that empowers the entire human race.

Merry Christams
Title: Re: POLL: Why are you still hodling BTS?
Post by: btswildpig on December 25, 2015, 10:47:37 am
One day, everyone who paid, everyone who held, everyone who worked, developed and built this platform will have something of value. There is already something of great value, an incredible community and an incredible blockchain platform. It's unfortunate that there have been casualties in order to get here. We've made mistakes and in our pursuit of overcoming funding issues and being at the bleeding edge of R&D, there are valued community members that have lost conviction and on the face of it, capital. I hope that we can regain their conviction or at the very least, return them to parity on their investment.

For me, the risks are far outweighed by the potential benefits.....there is no other realistic competition to the current financial system and there is no other blockchain platform like BitShares. Let's not forget, Dan is the primary reason BitShares exists at all. He's inspired a dedicated and extraordinarily talented development team. He's inspired this community....one with proven resilience, remarkable dynamism and great integrity.

I genuinely believe that the biggest existing issue is time. Time to get things right. We've got so much less to get right tomorrow than we had yesterday. This was never going to be easy but we can do it....we can realise a vision that empowers the entire human race.

Merry Christams

well , a little birdie tells me that what you've seen on the market doesn't not constitute all the blockchain product in existence  . So let's not dance around the "best" card just yet .
Title: Re: POLL: Why are you still hodling BTS?
Post by: mirrax on December 25, 2015, 10:52:17 am
Sold at 3k, never regret.

Might buy back at 300.
Enjoy your emission model!
Title: Re: POLL: Why are you still hodling BTS?
Post by: abit on December 25, 2015, 11:10:53 am
Tech is the best IMO, but PR is very bad... Why doesn't BM travel the US and the world to spread the words of BitShares? :)
Merry Christmas!


Stan did a great job in China :).
So result in a pump from China? Or a new startup company based on bts System come from China?
Title: Re: POLL: Why are you still hodling BTS?
Post by: 38PTSWarrior on December 25, 2015, 11:17:32 am
In ten years 1 BTS could be 100 dollar.
Title: Re: POLL: Why are you still hodling BTS?
Post by: btswildpig on December 25, 2015, 12:22:02 pm
Tech is the best IMO, but PR is very bad... Why doesn't BM travel the US and the world to spread the words of BitShares? :)
Merry Christmas!


Stan did a great job in China :).
So result in a pump from China? Or a new startup company based on bts System come from China?

If I'm a startup , I would not put my business in something that it can be devalued overnight if some guy in another country stop working on it,or went on a month of traveling , or arrested by the US government .
At best , I would fork one , or just use a centralized solution .

I don't need some half-way decentralized solution that must be sustained by some certain individuals .
If it's finished , then promote it as finished and act like it's finished  . If not , why would I risk my business for some random people's grant experiment for mankind ?

With blockchain , I don't need to trust anybody . Just need to trust some developer in the US that would finish it one day in a uncertain future. 

Business only need enough features and a finished product . They have no concern for mankind . They shouldn't risk their business for such cause, and wouldn't  .

I hate to burst some bubble . But that's how business choose a IT system  . They're not speculators who wish to buy in before it has been proved .
Title: Re: POLL: Why are you still hodling BTS?
Post by: Stan on December 25, 2015, 02:20:00 pm
Tech is the best IMO, but PR is very bad... Why doesn't BM travel the US and the world to spread the words of BitShares? :)
Merry Christmas!


Stan did a great job in China :).
So result in a pump from China? Or a new startup company based on bts System come from China?

If I'm a startup , I would not put my business in something that it can be devalued overnight if some guy in another country stop working on it,or went on a month of traveling , or arrested by the US government .
At best , I would fork one , or just use a centralized solution .

I don't need some half-way decentralized solution that must be sustained by some certain individuals .
If it's finished , then promote it as finished and act like it's finished  . If not , why would I risk my business for some random people's grant experiment for mankind ?

With blockchain , I don't need to trust anybody . Just need to trust some developer in the US that would finish it one day in a uncertain future. 

Business only need enough features and a finished product . They have no concern for mankind . They shouldn't risk their business for such cause, and wouldn't  .

I hate to burst some bubble . But that's how business choose a IT system  . They're not speculators who wish to buy in before it has been proved .

All businesses start out that way.  Unproven.  Risky.  Struggling to attract big customers for all the reasons you have said.

So you need to bootstrap them in narrow applications wherever you can gain traction.

Appealing to certain demographics of ideology-driven early adopters is one way to bootstrap a system to the point where you have the liquidity and market depth to attract the "no-nonsense" businesses that aren't interested in being early adopters.

Right now we've got a powerful boiler stuffed full of big old logs that aren't quite hot enough to catch fire.  We need some kindling get things going. 

That's where adding specialized applications comes in.  Think about it.  That's how facebook and twitter started before they went viral.  Even Bitcoin.  Tessla started out targeting early adopters with a high end product, long before they could offer something affordable to mainstream users.

So that's what we work on next.  Appealing to specialized demographics and building a few applications with self-sustaining business models in areas where competition is not yet established.  As those gain traction, the logs will heat up and eventually burst into flame.

Then the system will be useful for the hard-nosed businessman that just want's liquidity and self-sustaining operations.

Some seem to argue that we should not waste time on kindling.

(http://ecx.images-amazon.com/images/I/510t8NLNkBL._SY355_.jpg)
Title: Re: POLL: Why are you still hodling BTS?
Post by: DMo09 on December 26, 2015, 05:51:43 am
Because... is there a better 24-month high-growth opportunity with a better cause or technology?

.........
Title: Re: POLL: Why are you still hodling BTS?
Post by: xiahui135 on December 26, 2015, 10:12:43 am
blockchain seems not for individual, but for company or business
Title: Re: POLL: Why are you still hodling BTS?
Post by: Empirical1.2 on December 26, 2015, 11:56:05 am
blockchain seems not for individual, but for company or business

It's great for mini IPO's with no red tape.

But as you can tell from XCP & NXT (15 of top 20 UIA's) it doesn't quickly translate to increased market CAP.

XCP + NXT < BTS & BTS is still way behind them in terms of UIA adoption.

SmartCoins/BitStock adoption, Grey Area blockchain based businesses or Overstock/Microsoft type announcement will increase BTS value.