Quote from: happypatty on July 26, 2014, 03:22:32 am

Yes, luckybit is getting it. Lack of scripting will hurt us with the Ethereum launch. However I'd rather have I3 focus on perfecting the prediction market and establish themselves in the field.

Truth is once Ethereum is out, Bitshares X could be scripted in like a week on the Ethereum protocol. But that's just the protocol. If I3 comes out with actual trading software then they will be a few steps ahead of the game.

The reason I think we will need scripting sooner is because for something like a pegged market asset such as BitUSD there is no way human beings are going to be able to monitor for these opportunities. Automation is the only way to make it work that I can see. I also don't think it has to be a complicated scripting language at first but just a way to string together useful commands so that some automation of trading becomes possible such that If event1 then trade x. Maybe add margin trading to the mix and other possibilities soon after.

I don't think Bitshares X should wait for Ethereum in 2015. I think team Bitshares X should automate everything they can as soon as it's worth it to do so because anything which saves investors time will increase efficiency and utility of Bitshares.

You can always script something using the RPC to the client. This doesn't require the effort of I3. Anyone can create tools in this area. The point of Ethereum's scripting is that you can DEFINE contracts that run on the chain itself. I think Ethereum will become bloated because of that however. The right way to do this in my mind is with Smart Delegates that execute contracts offline, unless there is a dispute, then you bring it to the chain.

there's no way to decentralize fiat > crypto

once you have crypto though, everything else can be decentralized. you can have a decentralized crypto exchange (and i'm pretty sure that's actually the plan for bitshares x), there's just no way to get fiat into it.

I think the value of BTC will be that it will always remain the most established gateway for fiat <-> BTC. All the other interesting stuff will be in things like BTC <-> BTSX, BTC <-> Ethereum. Until any of these projects become important enough that the fiat gateways will start using them as well.

What is the safest way to store BTSX in a cold storage offline? (in terms of how to generate target address, best way to send, etc.)

Bter is the best exchange I've used. The problems they had yesterday showed it was a good idea to have a limit to get comfortable & safe with the system.

At the same time there are a lot of buyers who want to buy more BTSX but not until they can withdraw the BTSX they already have on bter off the exchange. So yes it's frustrating

Being able to buy so low is frustrating? 

I hope it goes down to 0.000012 and even 0.000009, so I can back up the truck.

Yes, luckybit is getting it. Lack of scripting will hurt us with the Ethereum launch. However I'd rather have I3 focus on perfecting the prediction market and establish themselves in the field.

Truth is once Ethereum is out, Bitshares X could be scripted in like a week on the Ethereum protocol. But that's just the protocol. If I3 comes out with actual trading software then they will be a few steps ahead of the game.

You totally missed my point. Information about AGS donations as per the Feb 28th, ALREADY is in the blockchain. I'm not asking for AGS to be liquid on BTSX (Although I asked for it many times in the past it seems there is an issue making that happen) a 3rd party could make that happen though. It's just a question whether anyone would honor it.

All I'm asking is for them to also include information about the final snapshot, and make it so people could decide how much to air drop when creating new assets.

What I'm asking is incentivize rewards to the snapshot automatically for those creating new assets by giving them discount on the asset creation fee.

Isn't this like an obvious one?

Awesome news vikram!!!

Would it be possible to build in AGS rewards into creation of new assets?

Eg:

create_asset MYASSET 1000000 AGS:20%

Would create 1M shares of MYASSET and automatically reward 20% to AGS holders as of last snapshot.

In other words ability to take a snapshot of another asset on the chain.

As a reward - reduce registration fees based on how much AGS is rewarded.

I mean we could create tools to auto distribute the assets, but we can not reduce the fees without intervention in the protocol.

This will spur innovation as well as reward investors automatically.