Quote from: yvv on January 06, 2016, 03:14:33 am

Buy back is not distributing a revenue. It is a convenient method to pay debt for issuer of debt token, like obits. Obits borrowed worth of $200K loan from people (4M obits), and made $3K profit in one month. If they claim that they are going to spend all their profit to pay their debt, it will take them about 5 years to pay their debt at this pace.

Apple's stock price is currently $102.71. It's dividend in the past year was $2.03.  If Apple's means of paying off the loan of investing in it was a buy back it would take 50 years at this pace.

Stock dividents and buy back - are two different things. Obits dividend is 0.

Buy back is not distributing a revenue. It is a convenient method to pay debt for issuer of debt token, like obits. Obits borrowed worth of $200K loan from people (4M obits), and made $3K profit in one month. If they claim that they are going to spend all their profit to pay their debt, it will take them about 5 years to pay their debt at this pace.

I don't get something here. Are people really excited that a company made $3000 profit in two month? Or am I missing something?

What should the committee do to support liquidity?

They can't do nothing to support liquidity. To support liquidity, you need capital. Your committee are beggars with naked ass.

Your crowd is very funny guys, but your business suffers from one fundamental problem: you are all completely detached from reality. You think that buying slaves from Latvia for $900 will solve your problems? You are wrong. Think again. It will work for a while. But then your slaves will refuse to work for you until you give them all benefits which golden billion in EU and US has. And your government will fuck you hard to not allow this. What are you going to do then? Find more slaves in Africa? It is not going to work.

Quote from: btswildpig on December 30, 2015, 01:13:29 am

Lets have a bigger vision with a focus on helping other people. A vision that the average Joe can benefit from and get behind. A blockchain is a means to an end, it isn’t an end in itself. While everyone else is busy creating advanced “smart contracts” and new “privacy solutions” and attempting to partner with banks that want nothing to do with them we can actually start helping people.
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so does that mean no banking partners anymore ?

The banks want to develop their own blockchains. IMO they don't like having little control and not having a large piece of the pie.

Ripple negotiates with banks for 2 years or so. The result: interledger. Screw previous goals. Main reasons: banks need privacy; banks don't like to rely on tokens like XRP. Check ripple forums for more details.

OMG! More ideological BS. Stop dreaming and make a decent exchange which could be used by merchants.

Quote from: yvv on December 29, 2015, 12:36:26 am

Quote from: bytemaster on December 29, 2015, 12:24:58 am

Quote from: yvv on December 28, 2015, 10:22:43 pm

Quote

A new year, calls for a renewed vision and direction for BitShares. For too long BitShares has been evolving without any clearly and consistently stated purpose or direction. Today I would to cast my vision for BitShares in 2016 and the years beyond. The most high level vision is to create a well ordered society that is governed in a manner that fully adheres to the Non Aggression Principle (NAP).

OMG! A business project which is based on false ideological principles is doomed to fail. Being determines consciousness. Economical  laws should determine ideology, not vise versa. Well, at least we have an interesting IT experiment.

What false ideological principles. I would be very happy to discuss the ideology and correct anyplace I am wrong.

I'll be brief today. Pseudo philosophical bullshit makes my confidence in project success go down to zero. That is why it is false. Just life experience. Little advise: if you want to make a successful company, forget about your ideological believes. Believe me, this will work :lol:

Well, I certainly don't want to be caught up in "pseudo philosophical bullshit" because I try to be very practical. But resorting to derogatory language as a shortcut to actual discussion is not helpful to me nor anyone else.

That's ok. You are free to do whatever you want. Just don't forget, being determines consciousness, not vice versa.