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Topics - 21xhipster

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General Discussion / BTC to BitBTC
« on: March 23, 2016, 12:17:35 am »
Recently I have a talk with [member=37127]JonnyBitcoin[/member] and he recommended us to issue tokens of this fund on BitShares.

We considering now creation of kinda ETF (floating capital so you can enter and redeem any time, but tradable) using assets under our management (that is about $200k if we merge all of them in one big).

We've done a lot of customer development and understand that for kind of clients we are working with (we have already queue of investors who wait than we will be able to start the thing)  simplicity is what really matter. This guys are scary from Bitcoin. We need to education them using it. And if they hear that they need to use one more currency in order to buy our product they stuck.

We want to build all processes based on bitcoin valuation as well as enter/exit operations. To be honest tradability is not the most important thing for us as well as for clients (all this guys think 24 months+). But we understand that this could be a really cool option. So now based on our requirements we can use Bitcoin colored protocols (Counterparty, Omni, Open Assets, Colored Coins) or BitShares or Ethereum. I've had really hot discussion with my partners which one we should to use. We clearly understand limitations of Bitcoin. Ethereum is two early and we want now. As result we decide to test BitShares in one specific use case. What if we explain BitShares Wallet (which can be hosted on our site) as exchange and not a currency. We decide to check how things can work. As result I was wondering that now there is only two options for us:
- Deposit BTC into BTS which can be cheap but not convenient neither for us, neither for investors as we should create market in BTS.
- Deposit in IOUs (Meta or Open) which is 2-3% instant cut and one more step for our clients which need to be additionally explained.

Both are not acceptable for us.
Is there any ideas how we can fix that for our needs?
What we need is possibility to deposit bitcoins into BitBTC with not more than 0.1%-0.2% cut as we aim to attract investments in terms of millions not thousands in one-two year horizon.

Update: Typofix

DAC PLAY / We got scammed?
« on: March 15, 2016, 06:25:28 am »
So far 14 months pass since the end of crowdfunding. Nothing. Really nothing has been done. Moreover: Site, forum abandoned, blockchain has critical issues.
That looks like the whole BitShares community got scammed with this project.
I personally invested 3 BTC that is not so much fortunately.

As investor I require:
- Spending report 2,396.11392611 BTC in fact has been stolen, still without any explanation behind. That is ~$1 mln, holy shit.
- Neither declaration that this project has been abandoned nor clear Roadmap.
- Clear answer when blockchain sync issues will be resolved.
- Clear answer will blockchain will be switched to Graphene and if yes, so when?

If answers won't be provided I ask forum Administrators [member=5]bytemaster[/member] [member=31]fav[/member] [member=18978]bitsapphire[/member] [member=4308]toast[/member] and other to close this board with scam announcement and lifetime ban of people involved in this scam from this forum in order to save reputation of the community.

Also we consider delisting DacPlay from with scam notification also.
Regards, your shareholder.

General Discussion / Augur REP IOU is available on BitShares
« on: March 13, 2016, 10:58:30 am »
Satoshi•Fund decided to issue IOU of Augur REP as Gatecoin did, but using decentralized exchange BitShares.

1951,87 REP exist under our management.

Confirmation of ownership:

351.04 REP - stored at 0x562a8dcbbeeef7b360685d27303bd69e094accf61
380.25 REP - stored at 0x7c4401ae98f12ef6de39ae24cf9fc51f80eba16b1
1220.58 REP -

There are 3 reasons why we want to sell some of our REPs:

1. Huge demand for Augur's REP and thus overvaluation on Gatecoin.
2. We want fix some at current valuation
3. We really want to test out BitShares as a platform on a real useful use case.

Please, ask questions.

Links: - Description on Cryptofresh - Thread on Reddit - Market on OpenLedger

General Discussion / Support of Brew Cask
« on: January 10, 2016, 12:13:25 am »
Just want to put it here.
That is very convenient for OS X users to install and update apps using brew. Ethereum supports this, but BitShares not :-(

Technical Support / I need some help with recovering
« on: January 09, 2016, 07:27:34 pm »
That is my story.
In a day BitShares 2.0 was released (13 october) I downloaded new full client and claimed some of my funds into it.
Everything worked fine except of one thing: you remember that initially backup didnt worked in full clients. I tried to do it using light wallet, but it failed to start. I decide to write down by brainkey instead of a wallet backup.
Two weeks later my full client have been stuck after hardfork. So I tried to import my brainkeys into openledger web wallet. Some of my accounts have been imported, but the 2 most important accounts just don't appear. I decide to wait some time until (1) a new version of light client will work to export my wallet or (2) there will be available new working build of a full client for osx. But nothing happens since.
The newest light client still show this error (1) on launch:
Code: [Select]
A JavaScript error occurred in the main process
Uncaught Exception:
SyntaxError: Unexpected end of input
    at Object.parse (native)
    at module.exports (/Applications/BitShares2-light
    at /Applications/BitShares2-light
    at Object.<anonymous> (/Applications/BitShares2-light
    at Module._compile (module.js:430:26)
    at Object.Module._extensions..js (module.js:448:10)
    at Module.load (module.js:355:32)
    at Function.Module._load (module.js:310:12)
    at Object.<anonymous> (/Applications/BitShares2-light
    at Object.<anonymous> (/Applications/BitShares2-light
And (2) there is no builds of a full client available.
Also (3) I'd happy to import my keys manually from some directory but there is no a word in any docs about location of such files.

Please help to fix this. I need to recover my keys :-)

Hi guys. I'd like to share a paper draft and a corresponding PoC implementation of what I am working on.

PoC implementation: (sortable by rating)

Here are 2 reasons why I need such a thing:
1. Coinmarketcap sucks for me. Superficial methodology of cap calculation, proprietary software, almost absence of due diligence for markets and systems, no transactional analytics. That is definitely not the information I would like to rely on my investment road.. I believe it could be done better.
2. BTS is awesome but it could not be the one. Other awesome technologies such as Ethereum are being developed in parallel. So I expect explosion of high quality investment opportunities. Basic idea behind cyber•Rating is to gather all meaningful cryptoproperty regardless of underlying technology. Think of it like S&P of blockchains. But S&P is not just a rating. It rely on IFRS or GAAP. So when I started to work on rating I stuck with an issue of comparable reporting and criteria. I came to exciting conclusions that could become foundations for the Internet of things, values, chains and everything.

In a paper I discuss design of a proposed system. All reporting logic is based on a foundations that has been built by BitShares. So thank you all. Paper is a draft and is not published yet. A document is editable by anybody.

Please, help to correct the grammar. I am not the best English writer so I know there are a lot of mistakes. I assign a small bounty 10000 bts for those who will help to do it in next 48 hours. I'd like to submit this paper to and there are 2 days left :-(

Please, help outline flaws in design. I assign a small bounty of 10000 bts which I split between the most active participators. Think of this bounty as a "thank you" but not as a reward for a job.

PoC implementation in fact does not implement blockchain reporting yet and this is an issue for the next year. But even now it show very interesting non opinionated results that are far better than Coingecko.

Christmas Bonus: contain very interesting CMGR indicator that you wont find anywhere. We've audited all historical data for all blockchains that allow to calculate Compound Monthly Growth Rate. It like CAGR but monthly. It is recalculated real time. Enjoy!

Edited: Typofixes

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