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Main => General Discussion => Topic started by: fuzzy on January 14, 2016, 08:10:20 pm

Title: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: fuzzy on January 14, 2016, 08:10:20 pm
This Hangout is w/ Bytemaster of Cryptonomex

Please ask questions Here:
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Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: fuzzy on January 14, 2016, 09:50:29 pm
What are your team's thoughts on how to best move forward to:
1) create space for new developers
2) maintain a level of control that gives certainty ti bitshares market perception?

ask you questions either here or in Here  (https://bitsharestalk.org/index.php/topic,16318.0.html)

From now on I will be giving special tokens to those who participate and ask questions, so make sure to use this as a means to bring more and varied opinions onboard!
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: Bhuz on January 15, 2016, 01:39:22 pm
I think that eventually a lot of people in the community would like to know:

1) How much would it cost to implement a simple GUI for PM, making it easier and straightforward to use, hiding all the backend mechanics such as the need to borrow/sell etc.

2) Bond Market. Could we pay a couple of days of your time to make a general analysis about:
- Is it really feasible?
- How hard it would be and what are the biggest problems to work out?
- Some ideas to solve those problems.
- How many man hours would it need, and how much would it cost?

3) Bond Market with Margin Trading (lending + shorting the lended)
AFAIK one of the biggest problem basically is that since all the transactions/lending would be publicly viewable on the blockchain, an attacker could see exactly how much money he need to cause a margin call?
-About this, could the STEALTH feature be used to hide this sensitive data and solve that problem?

Edit: made some edits here and there xD
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: Akado on January 15, 2016, 01:46:10 pm
This will probably be answered when Dan gives the usual update but in case he doesn't mention it..

- The first milestone of the STEALTH implementation was scheduled to be finish around January 15th (today). We know there are always delays, could you tell us if you're close to achieve it?

- Could you sometime around this next week provide us with a budget on how much would Bond Markets cost us if you were to implement it? Even if a rough estimate. I think that would be interesting to know since it's something people have showed interest in. It would be cool to debate to see if the shareholders who use the forum think it's worth it vs the cost you present us with.
Edit: Noticed this was basically the same as Bhuz's last question.
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: JonnyB on January 17, 2016, 01:05:45 pm
is there a recording of this?
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: emailtooaj on January 17, 2016, 02:54:24 pm
Quote from: JonnyBitcoin on January 17, 2016, 01:05:45 pm
is there a recording of this?
Listen to Beyond Bitcoin Hangout 01 15 2016 S3 by Beyond Bitcoin Community #np on #SoundCloud
https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-hangout-01-15-2016-s3
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: mike623317 on January 17, 2016, 03:15:37 pm
So without trying to sound too paranoid, do people think that BTS is being somewhat suppressed artificially? BM mentioned an off the cuff comment something like this when discussing the bitcoin failing article that was published the other day. We know we've got great technology and theteam is so innovative, it makes me wonder if there is some sort of collusion to keep our mkt cap low. An interesting thought.
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: JonnyB on January 17, 2016, 03:30:09 pm
Quote from: emailtooaj on January 17, 2016, 02:54:24 pm
Quote from: JonnyBitcoin on January 17, 2016, 01:05:45 pm
is there a recording of this?
Listen to Beyond Bitcoin Hangout 01 15 2016 S3 by Beyond Bitcoin Community #np on #SoundCloud
https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-hangout-01-15-2016-s3

thanks
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: emailtooaj on January 17, 2016, 04:10:01 pm
Quote from: mike623317 on January 17, 2016, 03:15:37 pm
So without trying to sound too paranoid, do people think that BTS is being somewhat suppressed artificially? BM mentioned an off the cuff comment something like this when discussing the bitcoin failing article that was published the other day. We know we've got great technology and theteam is so innovative, it makes me wonder if there is some sort of collusion to keep our mkt cap low. An interesting thought.
I don't think it's paranoia, but hard to claim as fact.  Trading bots are the culprits imo.  Bots that have very liquid reserves to suppress the price on the markets.  Who's behind those bots and their intentions is difficult to answer, but it's been going on for some time now...at least a year from what I can tell.  There's a reason other coins get pumped and dumped so hard, because those groups that initiate these pump and dumps came across these bots when they tried to target BTS and found out how robust these bots were in both algorithm and supply.  They don't run up against these bots with other crap coins and can move in and out quickly with their profits, then plan for the next victim. 
There's obviously many other reasons in play, besides these bots for our low price, but I concur... there's an invisible force at play and the only way to wipe our their supply is to place one huge buy order and wipe out the entire sell side of the order books. That way the bots won't know what hit them and can't react, thus taking huge hits to their available BTS supply and slowly removing them from the game. This would have to happen a number of times, at the right moments, for the bot owners to get the message to back of and/or pull out all together.
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: fuzzy on January 17, 2016, 06:21:20 pm
#sharebits "Akado" 20 COPPERTICKET
#sharebits "Bhuz" 20 COPPERTICKET
Title: Re: Beyond Bitcoin (CNX) Hangout w/ Bytemaster Tomorrow @ 10AM EST
Post by: btstip on January 17, 2016, 06:27:15 pm
Hey fuzzy, here are the results of your tips...
Curious about ShareBits? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,21014.msg272758/topicseen.html#msg272758
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