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Messages - Shentist

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271
General Discussion / Re: METAFEES next BUYBACK showcase on Monday Jan. 4th 2016 8pm-9pm CET
« on: January 04, 2016, 10:38:16 pm »
Quote from: 38PTSWarrior on January 04, 2016, 08:13:46 pm
Thanks shentist, can I just hold to make money?

if we have to end metaexchange we will buyback all outstanding METAFEES with the liquidity pool. i will write something to explain what the value is of METAFEES in our opinion

Quote from: JonnyBitcoin on January 04, 2016, 10:05:28 pm
How many metafees will be will be outstanding after the next burn. the website says 5109 but the blockchain says 7121

And do the total outstanding represent 50% of all profit made by metaexchange?

we have to burn 896 from the sale and the now bought 5.9 METAFEES so the total METAFEES in circulation are a little bit more then 6000!

50% of our fees are going into the monthly buyback. Every holder of METAFEES is free to choose to sell them and we will buy as much as the fees can aquire.


272
General Discussion / Re: METAFEES next BUYBACK showcase on Monday Jan. 4th 2016 8pm-9pm CET
« on: January 04, 2016, 07:19:35 pm »
we bought METAFEES worth 0.1778 BTC and burning them (5.91021) the next days.

because the account "metafees-buyback" is not syncing we had to use a different account to make the buyback this time.

in december we had fees in total of 0.35578 BTC so 50% is the amount of the buyback.

in this month the BTS fees are 30% lower, but ETH and NXT fees are much lower then before. In the future MUSE fees will be added to this and will increase the
amount of the buyback overtime.

i didn't do the math, but i suspect if we would calculate everything in BTC we had a really nice month, but with the rising BTC compared to BTS, ETH and NXT the amounts are lower then before.

thanks for your support of metaexchange

273
General Discussion / Re: METAFEES BUYBACK showcase on Monday Jan. 1 2016 8pm-9pm CET
« on: December 29, 2015, 05:25:12 pm »
we will do the next buyback on monday Janary 4th between 8pm - 9pm CET on this market again https://bitshares.openledger.info/#/market/METAFEES_METAEX.BTC

274
General Discussion / Re: [MetaExchange] dev-metaexchange.monsterer development diary
« on: December 29, 2015, 05:24:22 pm »
Quote from: JonnyBitcoin on December 29, 2015, 03:14:49 pm
@Shentist

Surely we should be given the exact time of the buy back so we can all compete by offering different prices on the day of the buyback.

Also please state which market pair where the buy back will happen.  Will it be METAEX.BTC:METAFEES like it was last time?

hi jonny,

we will do the next buyback on monday Janary 4th between 8pm - 9pm CET on this market again https://bitshares.openledger.info/#/market/METAFEES_METAEX.BTC

275
General Discussion / Re: [MetaExchange] dev-metaexchange.monsterer development diary
« on: December 27, 2015, 04:38:38 pm »
Quote from: JonnyBitcoin on December 27, 2015, 11:10:50 am
Quote from: Akado on December 26, 2015, 12:14:42 am
received 3k bts from metaexchangepartners. I know something was supposed to happen on the 25th if I'm not mistaken? But I thought funds would be used to buyback METAFEES on the market instead of handling out bts?

I'm fine either way, I would just like to understand this. Or it wasn't related at all?

I would like an update on what is happening aswell

@Akado this transaction is for the signature campaign https://bitsharestalk.org/index.php/topic,17602.msg268112.html#msg268112

@all the METAFEES buyback will be done in a couple of days, maybe after the new year.

after the holidays are over we will discuss what happened on 25th but the loss is not as high as expected, because the community members transfered most of the funds back.

276
General Discussion / Re: Whats going on with Coinmarketcap ?
« on: December 26, 2015, 09:42:31 pm »
a big bow to @cass and @pomi0760

i will discuss with paul how we will honor helping us here.

this is the risk of making your own markets and you find out, that the system you use is not good enough to make this kind of failure impossible.

i think we can improve the behavior of our market maker in this cases a lot, so that this will not happen again.

cheers guys
shentist

277
General Discussion / Re: [ANN] Metaexchange fee sharing!
« on: December 24, 2015, 09:35:18 am »
so guys 1 day left till the fundraiser ends.

you can still buy the METAFEES via BTS on the internal market or via metaexchange.info with BTC, ETH and NXT.

We will do the next buyback after the chrismas days, but not sure about the exact date yet.

We wish everyone the best

Your metaexchangeteam

monsterer and shentist

278
General Discussion / Re: [ANN][metaexchange] Get paid up to 1000 BTS / month for using our signature!
« on: December 24, 2015, 09:30:03 am »
merry christmas :D

i finally had time to pay the supporters of our signature campaign. Thanks for helping us.

In the future the payment will happen again monthly.

We had to change the payment rule, because the paying account is not a lifetime member, so 1 transaction costs 30 BTS. So the payment will only occur if you have 300 BTS to transfer.
The BTS who we are not transfering are going into the next periode and will be paid as soon as you reach the 300 BTS limit. Sorry for the change!

279
General Discussion / Re: Reached 100 Referrals, time for a recap and AMA
« on: December 15, 2015, 09:11:08 pm »
Quote from: fav on December 15, 2015, 08:32:27 pm
thanks to @clayop for highlighting my 100th referral.

Here's some math first:

100 Referrals
   3 Lifetime Memberships so far

3% upgrade rate is pretty good I'd say, but well, 100 is not a big number. we'll see...

Earned  ~37000 BTS
Expenses ~15000 BTS
Gross Rev ~ 22000 BTS around $100

1 Sign-Up = $1

Judging from the revenue, I don't see any serious external marketers floating in anytime soon.

Reasons are (in my opinion) lack of features and stability/bugs. Those things will stop the marketing growth only short term though!

Ready to answer any questions

great thanks for sharing.

do you see how many accounts are in use?

i see only 2600 accounts are holding BTS, so most of the accounts are not funded. Would be nice to understand why people creating accounts and not using them.

280
General Discussion / Re: Cryptofresh Block Explorer + MUSE now available
« on: December 15, 2015, 07:57:45 pm »
TCNY is listed as a UIA - but it is a private bitasset.

it shows not the feed producer, so maybe you need to change something on the asset page.

281
General Discussion / Re: Cryptofresh Block Explorer + MUSE now available
« on: December 15, 2015, 07:56:18 pm »
Quote from: roadscape on December 15, 2015, 07:39:45 pm
Quote from: kenCode on December 15, 2015, 01:53:11 pm
Today I keep getting this error while surfing cryptofresh.com:
 
Oops, an error occured.
 
Also, I need some statistics.
How many registered accounts are there now?
 
Thanx :)

Fixed! We're up to 99,223 accounts, judging by the most recently registered account's id

if you look on the asset page you will find 2624 accounts holding BTS, so i assume most accounts are from BTS 1?

282
General Discussion / Re: [Ann] Peermit.com - 2FA for BitShares (early beta for advanced users)
« on: December 15, 2015, 07:36:23 pm »
Quote from: xeroc on December 15, 2015, 05:34:40 pm
Quote from: fuzzy on December 15, 2015, 04:51:06 pm
Wow.  Nice Xeroc.  So how have you figured out the exact amount that will be charged?
The reigstration fee of 200 BTS is just a little to pay for the account registration fee (50 BTS) and have some funds available initially to approve proposals.
The 0.4% fee is just an idea and not fixed yet .. However, I wanted to show people the progress I am making and let them play around it ..

Not sure how to deal with the business/profit related issues yet .. that's why I started with a bold 0.4% flat ...

Any suggestions on how to please the customers and still have the service be profitable?

nice approach!

i think 0.4% will be really expensive, considering this is just a kind of "insurance"

i would say you should try to calculate how many accounts you can handle automated with your computer etc. and make a yearly or monthly fee.

say, you will charge 15 bitUSD for 1 year. with this pricing you will make more with small accounts, but less with higher accounts. But i assume in the long run,
you would have much to do with not so used accounts and from my expierence theses accounts will cost you much more time then the big accounts, because they need more
attention.

maybe, you can think also about future  services you can charge extra fees etc.

could you give me a hint how i can start the client wallet on windows? i am trying for a couple of days, but my tech is to low to understand it. i think the node is running, but i can't do anything with the client wallet.

283
General Discussion / Re: STEALTH / BTS Market now accepting bids.
« on: December 14, 2015, 05:27:18 pm »
i don't get the purpose of this bids.

the 1 million shares of STEALTH will be transfered to once anyway, so why should i bid?

what i don't like at the moment is the 80% to STEALTH without the reverse feature talked directly on the first thread of this feature.

i agree with tonyk here - it is not a bid clear for for i am bidding and what are the terms.
a good idea (FBAs) executed in a rush.

284
General Discussion / Re: How to Create a Prediction Market using Privatized BitAssets TODAY!
« on: December 09, 2015, 10:14:18 pm »
Quote from: alt on December 09, 2015, 09:52:33 pm
Quote from: puppies on December 09, 2015, 08:50:03 pm
If an asset cannot be reused then the issuer will need to recover at least the cost of issuing the asset per event.  It seems as if we are caught between preventing spam, and promoting use. 

Am I correct in my assumption that prediction market assets cannot be reused? 

Won't this lead to a massive bloat in issued assets?
yes,this is the issue I care about.
and some other thing you need consider:
what if the event don't happen? no win or lose, it's just delay for ever.

i think then you can settle at 0.5 because it would be a tie!

285
General Discussion / Re: How to Create a Prediction Market using Privatized BitAssets TODAY!
« on: December 09, 2015, 09:45:23 pm »
@bytemaster

you said the GUI does not do the right thing.

if someone is creating a prediction asset can i borrow it like BTC or USD as a GUI user?

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