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Messages - nicejeans

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1
Right now there is 500 million BTS just sitting on centralized exchanges, not available to pay any fees to the network, just sitting there ready to drag the price down.

So why dont we require shareholders to fulfill responsibilities to support the network? The point being to gradually force BTS off centralized exchanges and into accounts that are active on the DeX. Centralized exchanges that earn huge fees from their users trading BTS back and forth will find that they have to pay for that privilege.

This is how to do it:

Every account (possibly with a minimum amount of 1millioin BTS) is required to perform market making activity on BTS/USD (we can work out the details) using at least 1% of the account's balance of BTS, every single calendar month. All applicable accounts that dont do this pay 5% of their BTS as a penalty. An example criteria of market making is to place an order within 10% of the price feed for a minimum amount of time.

Again, all details subject to discussion.

The only problem with this idea is that the centralized exchanges wont like this and might coordinate their stake to vote themselves onto the committee and disable this feature. But they are still a minority even if they all vote together, and if the community votes for this then we take back control of BitShares into the hands of the real supporters that use the DeX. And we can start earning millions of BTS of in fees.

This idea has some characteristics as the old 5% inactivity fee that BM floated ages ago. Im ready to do market making with 1% of my stake if required by the network.

Terrible idea. Sounds like stealing to me.

Especially since I haven't even been able to migrate to 2.0 yet.

2
I was reading through this article and wondering, how would legal cannabis businesses benefit from bitshares tech. Is this an industry that we should be trying to get more involved in? What would that look like? Is bitshares ready for this yet? How would our ecosystem handle the large amounts of cash?


https://reason.com/reasontv/2015/02/17/protecting-marijuanas-cash-industry-when#.d4iuok:eInf


I'd like to hear your thoughts!

3
For the record Neo and Bee was in Cyprus not Greece. Different people different countries.. ;).. The only common thing is that Cypriots speak some kind of Greek in a funny musical accent

 +5% Got that correction in right before you made your comment!

4
 +5% Thank you so much!

5
General Discussion / Re: What Is Bitshares? A Financial OS.
« on: June 02, 2015, 07:50:17 pm »
When you download bitshares, you're basically creating an online bank for yourself. You have complete control over your money, including the ability to accrue interest (unlike the money under your mattress). You can diversify your savings into different forms of value (bitUSD, bitCNY, bitGold, etc...) by interacting with the other banks that are a part of the co-op. You can invest in stocks and short assets too. But you still maintain control of your value at all times, and you can transfer your value instantly without large fees. Software takes the place of the banking institution. You can forget about the value being sucked out of you and the economy at large by preying governments, greedy executives, profit over value shareholders, and general human error. You worked hard for your money, why should someone else have any control over it?

Questions?

6
Even if the people from Cripti community are honestly helping Corona, which I believe they are if they have showed interested, that doesn't mean Corona doesn't have a hidden agenda. They could be played as well, trying to bring more credibility to the project. I'm really sorry if this is legit, but honestly, there are multiple red flags.

From reddit: "I can tell you that if it were a scam, it would be quite elaborate and not necessarily worth the amount of trouble that has gone into it. He has had countless discussions with myself and other members of the team to prepare for this launch and I honestly believe he has invested a lot of time to get to this point. I'm not saying no scammer has ever put time into a con before, but I don't get that kind of feeling from him. " - Matthew Cox of Crypti board

Remember Neo and Bee? That scam company that had key bitcoin figureheads (Andreas Antonopoulos, Tuur Demeester) in advisor roles? They opened a store in Cyprus, ran TV ads, had press releases and openings, and the owner disappeared. Lots of money just disappeared. The employees of the retail store were not even paid for their time.

Corona could be legit, but after having the experience of observing the evolution of multiple scam companies in the past  (Active Mining Company, Neo/Bee), it seems that there are definitely similarities.

The other thing to think about, how do we know that these usernames are actually the people that they say they are?

8
IMO SCAM - skype contact blocked!

Quote
Platforms and Organizations
we support

BitShares...

How?

 +5% good research.

9
Yes, absolutely seems like a scam to me. Especially their methods of advertising in nearly every applicable crypto forum/subreddit. Social hacking, they try to make crypto users feel good about their particular crypto especially in this bearish phase.

10
What's the best method these days? I want to keep as much value as I can. Thanks

11
Muse/SoundDAC / Re: PeerTracks is going to MIDEM!
« on: May 07, 2015, 10:06:18 pm »
 +5%

Sell it boys.

12
Technical Support / Re: cannot open my deskto BTS wallet
« on: April 29, 2015, 12:31:05 am »
I was able to log back in after:

1. Deleting my .json wallet files (after backing up in multiple spots) in the APPDATA bitshares directory.
2. Importing the most recent backup file.
3. It took a few tries, but it worked the last time for me.

13
Technical Support / Re: 0.9.0 Still carnt access my wallet
« on: April 29, 2015, 12:30:43 am »
I was able to log back in after:

1. Deleting my .json wallet files (after backing up in multiple spots) in the APPDATA bitshares directory.
2. Importing the most recent backup file.
3. It took a few tries, but it worked the last time for me.

14
I was able to log back in after:

1. Deleting my .json wallet files (after backing up in multiple spots) in the APPDATA bitshares directory.
2. Importing the most recent backup file.
3. It took a few tries, but it worked the last time for me.

15
Technical Support / Re: 0.9.0 Still carnt access my wallet
« on: April 24, 2015, 11:07:39 pm »
I had this problem but as soon as I re-imported my wallet, everything was fine.

Would you mind explaining the process in more detail? Thanks greatly!

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