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Messages - lil_jay890

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I just have a few questions regarding VPLedger.
1.  Is there a specific example of a business use that you see VPLedger being a solution for?
2.  Are there any business's that are already planning on integrating with VPLedger?
3.  What is involved with the KYC?  Are there any regions that are excluded form using this service?
4.  Openledger DEX advertises being a decentralized exchange with no KYC.  Does VPL interoperate with Openledger DEX at all?
5.  Does VPL bring any value to Obits holders?  If it does, will Obits holders need to go through the KYC process?


Why do you sell OBITS at monthly buyback to yourself?

They are going to burn the tokens, but apparently the CCEDK Marketing account is allowed to sell tokens for whatever reason they deem necessary.  From what I'm told, this could be advertising or market making.

When will Obits holders get an update regarding the token?  Is the payment platform any closer to fruition?  What about the debit card?  Why were the fee's changed to 0% on Open.eth and open.XRP?

Another question is why Obits is lagging so far behind Binance coin?  They are both basically the same thing, but Obits is severely underperforming.  Have there been any talks about ways to increase the liquidity of Obits?

Obits was supposed to be a stake in the entire OL ecosystem, but now it seems to be relegated to the exchange operations only.  How is this fair to investors?

How dead is this project? Was 2017 the last time investors received an official update? 

General Discussion / Re: Bitshares price discussion
« on: July 11, 2017, 12:59:14 pm »
BTS may have just bottomed out.  All the problems with the chain going down and halting of activity, yet the price is starting to rally.  This is a classic pattern that frequently happens with stocks.  When something fails to go down on bad news, it often means the selling is over.

Well that call was wrong. The bottom has fallen out from under everything.  Still an outstanding return year over year though. And I don't mind seeing late coming lemmings getting crushed.

General Discussion / Re: Bitshares price discussion
« on: July 10, 2017, 04:50:50 pm »
BTS may have just bottomed out.  All the problems with the chain going down and halting of activity, yet the price is starting to rally.  This is a classic pattern that frequently happens with stocks.  When something fails to go down on bad news, it often means the selling is over.

General Discussion / Re: Bitshares price discussion
« on: July 09, 2017, 03:05:55 pm »
We're down a substantial way from $.32 a few weeks ago. Surprised that there aren't that many comments here since.

(Hope you're all alive :D)

Still alive and still holding my breath hoping BTS price won't drop enough to get margin called.

It takes solid nerves to stick to a leveraged strategy when BTS price falls like a rock. But looking at the current smartcoins market cap I guess I'm not the only one willing to take that risk.

This is encouraging, it means there are several others bullish even with the current correction.

The damn question is: When will the downward trend reverse?

BTS could fall to 30 million and it would still be an outstanding return from this same time last year.

Just keep that in mind when think BTS is "undervalued" at 450 million.  There is a lot of room below.

General Discussion / Re: Bitshares as a platform for ICOs?
« on: June 22, 2017, 11:54:07 am »
Someone I know is planning an ICO for his offline company. He is considering launching an erc20 token on etherium which seems to be a popular option lately. Should he consider Bitshares for his ICO? Is Bitshares suitable, ready?

You could use bts, but you should work with Ronny at openledger.  He has an entire operation for creating, marketing, and launching icos on multiple platforms. @ccedk_pro is the best way to contact him here I believe.

General Discussion / Re: Bitshares price discussion
« on: June 19, 2017, 11:35:27 am »
Where did all the FUD go? I am used to read all that FUD when the price is moving

Ok... Here is what many consider FUD... Even though they are valid concerns.

1.  And this is an obvious #1,  bitshares is merely caught up in a giant alt coin pump.  While seeing it move up against some of the other currencies is a positive, did Bytecoin, Stellar, factom, peercoin or 90% of the other coins do anything to warrant their pump as well?  No.

2.  The pump is being contained mostly to the centralized exchanges.  Account creations is stagnant and transfers hasn't made a new high.  Filled orders has made new highs, but that is probably due to more people hearing about all the easy money they can make running a bot... I'm sure that is going to end well.

3.  The money isn't flowing to derivative projects for basically any of the major platforms.  The money is staying one derivative below bitcoin.  In real bull markets, small caps outperform large caps.

4.  Bitshares fundamentals have not changed (mostly the inability for the chain to not operate at a loss), and in some cases the fundamentals have gotten worse.  The debacle at blockpay and possible delay of stealth is very concerning.  Not everyone shares this opinion, but I believe stealth was the most important factor for near term BTS growth.

Whats bullish??

The inablility for people to withdraw bitcoin to fiat is bullish.  It gives exposure to bitUSD or bitCNY as a low volatility solution.  Their has definitely been growth there, and maybe the bitUSD/CNY holders will begin to look at projects on the DEX and start investing in those.

Momentum- The momentum is super strong in everything crypto, but that could change on a dime with one quip out of the PBOC or other regulatory board about crypto currencies.  I think all of crypto, including BTS has either topped or will top this week.  How long that top lasts I don't know, but I expect btc to be at $1000USD and bts at $0.015 by the end of June.

Bulls make money, bears make money, pigs get slaughtered... Don't be a pig if you are sitting on a 10-15 bagger here.  Parabolic markets always reverse and they reverse hard.

Serious question, Any change in your concerns? I know not much changed on fundamentals but there are some good signs. Blockpay on track (?) again, blockchain making profit for the second time in its history, price being >0.3$ etc.

Do you still think "... bts at $0.015 by the end of June." ? because that is a hell of tanking from 32 cents.

Well a week later bts topped out and fell around 60%, but the crypto spike resumed shortly after.

The good news is there was a spike in account creations and transfers, as well as the platform turning a profit for the first time. The increase in bitcny and bitusd is also a good sign that people are coming into the system.

A 95% crash would be doubtful to happen in less than 2 weeks... The whole crypto sphere can easily give a 50% haircut in a couple days. If this happened I doubt bts would be spared, but a retrace back to say 15 cents wouldn't be that out of the question

General Discussion / Re: BlockPay in Serious Trouble
« on: June 16, 2017, 06:18:45 pm »
So what I have garnered this week...

I contacted Chris received a response.  Basically he said he can't comment on the relationship with Ken since it is "complicated".  He also said he is doing his best to retain the value of the blockpay investors investments.

After listening to the hangout today, it appears everyone else at Blockpay has the opinion that Chris has disappeared with the money.  They have not worked in 3 weeks and have not been paid.  They have said chris won't contact them.

It sounds like the community is leaning towards removing Chris from all influential positions within bitshares (running the hangout, committee member)

Basically blockpay is not functioning at all... and from what it sounds like, unless chris comes back and clears the air or gives up control, blockpay is dead.

Technical Support / Re: I send wrong address
« on: June 13, 2017, 06:47:47 pm »
I sent 8908 bts

Probably screwed unless you can figure out a way to contact the owner of poloniexwalle and beg for your bts back

Stakeholder Proposals / Re: [Worker Proposal] New BitShares Core Dev
« on: June 12, 2017, 11:50:05 am »
+5% thanks for the updates. Keep up the good work Alfredo.

Maybe @Chris4210 could follow Alfredo's lead and give an update on blockpay??

I've sent a pm, gone on the discord channel as well as posted here multiple times looking for an update...

Sorry for being off topic, but this is the only place I see Chris commenting

General Discussion / Re: Bitshares price discussion
« on: June 10, 2017, 12:25:33 pm »

General Discussion / Re: BlockPay in Serious Trouble
« on: June 09, 2017, 12:21:48 am »
Since I received no answer here, I went to the blockpay discord channel... They are contemplating a payback.  The opaqueness of this whole situation is incredible...

General Discussion / Re: Bitshares price discussion
« on: June 08, 2017, 11:45:28 am »
We will reach 300 million market cap  by next Sunday  :)
Market cap  will be $400 million by 13th of June 2017  ;)

Great call

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