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Messages - sschechter

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151
Technical Support / Re: Give me immediately my BTSX back
« on: December 10, 2014, 10:00:17 pm »
lol, I took the bait

152
You can't crowdhire yourself.....the crowd has to hire you

I do like the 'Crowdhiring, yeah its a thing' slogan, and it fits with the rest of the logo.  Crowdhire yourself is an oxymoron, and IMO, sounds dumb saying it.

I agree.  +5%


Much nicer  8)

153
You can't crowdhire yourself.....the crowd has to hire you

I do like the 'Crowdhiring, yeah its a thing' slogan, and it fits with the rest of the logo.  Crowdhire yourself is an oxymoron, and IMO, sounds dumb saying it.

154
Technical Support / Re: Give me immediately my BTSX back
« on: December 10, 2014, 07:43:47 pm »
I've seen several times in the message log of CryptTrader people having issues withdrawing from Poloniex.  They do not seem competent as an exchange and I wouldn't trust my money sitting there.

It also sucks that you've had a bad first experience, but I hope you'll give this project another chance.  The devs are very hardworking and responsive, and their ideas are fresh and innovative (and have been copied over and over again by other coins).  Most of all, they are not immune to recognizing the current problems and issues facing the current version of the software, and are actively working to improve things.  Also, this is brand new code, not just a Bitcoin fork which has had several years to mature.

155
General Discussion / Re: Say Hello To Stacey Everyone
« on: December 09, 2014, 07:47:08 pm »
The best female spokesperson would be cute, sexy, and nerdy.  The girl you want to marry, not the girl you call after midnight.  More like the women on G4, and less like the women of GoDaddy. Obviously the wine drinking was just a harmless, fun intro, and not a serious marketing production.  I think she fits the bill.  Welcome aboard Stacey.

156
General Discussion / Re: Thunderclap Campaign #2 - Headline Poll
« on: December 09, 2014, 04:37:02 pm »
I like crowdhiring, because it explains what it is

'The blockchain is hiring' does not work because the majority of our facebook friends are clueless about blockchains

157
General Discussion / Re: Good coin guys, congrats!
« on: December 04, 2014, 10:04:32 pm »
Guys, the OP has enthusiastically shown support for BitShares.  Can we welcome him properly and not beat him down with trivial arguments over semantics??

158
General Discussion / Re: The Bitshares SUPERbull thread
« on: December 01, 2014, 05:29:27 pm »
I was gone for a week....WTF happened to cause the Ripple price to skyrocket?

159
thx all for your input… we are discussing all ideas now ... but i pls stay tuned next days...
i'll discussing with devs the content for dev section, like API etc... next days,
so we can get multistage content direction asap …

TRADERS MERCHANTS DEVELOPERS

I really like the TRADERS MERCHANTS DEVELOPERS landing page idea.  Don't be afraid of taking up too much menu space - the more I know about the actors in the system, the quicker I can evaluate it.  There should also be a Menu item for CUSTOMERS or INVESTORS or SAVERS or something that the average bitAsset user (who wants no part in risky activity) can identify with.  A How it Works section can then tie together each actors role into a clearer picture.

160
The peg is working when someone going on a 15 year vacation to a place with no internet connection (do not ask me where is this place) does not see the need to move his bitUSD to his USD savings account....This is obviously different perspective.

Whether or not the peg is working is a matter of personal perspective.  If you aren't planning a 15 year vacation and instead want to hold bitUSD for a week to hedge against crypto-volitility, you're criteria is different than mine.  Once number 2 in my original post is true for everybody, then we can say that the peg works for everybody.

161
General Discussion / Re: Coinmarketcap has updated
« on: November 19, 2014, 07:09:22 pm »
I think the practical reality is that markets don't care about inflation the way Austrian economists / goldbugs think it should.  This community as a whole has already realized that, even though it goes against many of our core beliefs.

I think the market already reacted violently negative to the BTS dilution.  In fact, I think it massively overreacted by assigning a 50% drop to an inflation of a few percent a year, probably only a couple percent.   This is a massive over-reaction in my opinion, but I think it is the result of all the investors out there having absolutely no idea whatsoever what was happening, how much the inflation would be, etc. 

I think had we only decided to dilute for delegate pay, the selloff would be minimal.  The whole consolidation and sharedropping led to much uncertainty, panic, and frustration.

162
You do raise interesting possibilities.  However, each exchange would need to build their own adapter that fit into their system. The perceived benefit to doing this must outweigh the cost. Its easier for them to create a parallel market using their existing market technology.  Unfortunately low liquidity attracts lower liquidity, so creating a parallel market can satisfy this 'perceived' niche but it also sends out a false indicator of customer demand, reaffirming their position to not want to build their own BitShares market adapter.

A high share price fixes all problems 8)

163
General Discussion / Re: Coinmarketcap has updated
« on: November 19, 2014, 06:53:05 pm »
I think the practical reality is that markets don't care about inflation the way Austrian economists / goldbugs think it should.  This community as a whole has already realized that, even though it goes against many of our core beliefs.

164
General Discussion / Re: Coinmarketcap has updated
« on: November 19, 2014, 06:40:43 pm »
We just pulled a Ripple  8) Not as dramatic though

165
I think he meant that the USD/bitUSD ratio oscillates around a ratio of 1:1.  However, this doesn't factor in the volatility.  If today you get 1.10:1 and tomorrow its .90:1, that's a huge spread. It also doesn't imply that the average ratio is 1:1 - you need to calculate the price over time so see where its average is.  Even though most of the us here know the difference between the peg vs the spread, its a tricky thing to explain to outsiders.  Going with what toast has started, I think you can measure the effectiveness of the peg as following:

1. USD/bitUSD ratio that oscillates around a 1:1 ratio
2. An average price of $1.00 over any given slice of time (within reasonable min & max bounds...that the traders holding period fits inside)

If these conditions are met, the variance of the 1:1 ratio can be attributed to the spread - the size of which is determined by the liquidity of the market. Then what toast said about market making is true.  I think he missed my bolded point.




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