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Messages - chewchew

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General Discussion / Re: What's happening with the price?
« on: April 11, 2015, 04:18:36 pm »
2) We have heard about potential huge deals behind the scenes but nothing yet..So what is their purpose? To discourage all the current investors so new investors can get in at ridiculously low prices? Guess what these new investors will do when their investment suddenly doubles or more... New crash all over again..

...

I think we need some Huge announcements from the Devs at this point, some serious media coverage before it is really too late! Only the Devs can stop this downfall and I think its about time they act.

That's part of the problem. Before the devs were all "guys don't worry we have huge deals brewing behind the scenes! Gonna be EPIC!" People bought into that and were just waiting for the devs to deliver. When they don't deliver, panic ensues. So if there really are these "huge deals" brewing, we need more concrete details that prove things are actually happening. Devs remaining largely silent and showing slow progress at GitHub just makes it look like they can't really deliver on their promises.

The killer feature bitshares is missing is credibility and trustworthiness. Changing the supply schedule is a cardinal sin and absolutely nothing has been done to legitimize it

I hate seeing posts like this. First of all, it's impossible to directly correlate the drop in price with the change in supply. Second, the self-funding dilution could one day prove to be BTS' greatest weapon. We just don't know yet because all we're getting is speculative dumping. Third, Toast is a CORE DEV. If you feel so strongly about it why can't you talk this over with the other core devs? You have the power to shape the future of bitshares. Instead of bitching to us about how BTS is no longer trustworthy and has not legitimized its change in share supply, why can't you take this up with the other devs and come up with a CONCRETE answer to the problem together?

I sense a huge disconnect between the core devs and I'm just not feeling it.

Yes I agree. Toast has been very unprofessional. It seems so inappropriate. If you are looking for a PR problem, I think bm is not the problem.

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General Discussion / Re: Now we are at the bottom.
« on: April 11, 2015, 02:16:26 pm »
i bet the bottom is under 1k
If that is true,
All your bitshares are belong to me.

3
General Discussion / Re: What's happening with the price?
« on: April 11, 2015, 01:53:34 pm »
The killer feature bitshares is missing is credibility and trustworthiness. Changing the supply schedule is a cardinal sin and absolutely nothing has been done to legitimize it

Also it seems like some of the elected delegates don't really have their heart in bitshares. If one of the top delegates can't get behind their own employer, how can anyone else see it as legitimate?

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48 of the standard hours? The ones with 60 minutes each?

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General Discussion / Re: What can I do with my bitUSD?
« on: March 30, 2015, 12:43:02 am »
You can use bitUSD anywhere bitcoin is accepted with shapeshift, blocktrade.us, metaexchange.
The other day the rate on circle was $268, and on blocktrade.us it was also $268, so the spread doesn't seem to be that much of an issue.

What can't you do with bitusd?

6
This seems relevant.


At first I was all for the gambling idea, but then thinking about this chart I realized that there really isn't a market need for it, you can gamble with bitcoin. We have to do what others aren't doing. We have to offer something nobody else has - bitassets are a good start.
Also, we have to avoid disharmony.

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General Discussion / Re: [BUNKER NEWS] -- It's BitAwesome!
« on: February 01, 2015, 11:13:18 pm »
As for a visit to cb, it is hard to beat a trip around the Cabot Trail. I would recommend waiting for October though for the colours.

I was just thinking... 2 Nova Scotians into bts. That is 1/450,000. If worldwide adoption was 1/450,000 there would be 15,500 bts users, which is way more than the 6000ish there is now. We are way above average!

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We are bitcoins killer app.   If we put our egos aside and make the best bitcoin wallet possible with built in hedging, millions will flow into bitUSD and the users will never have evenheard of bitshares.

The bitcoin headline reads....

"Receive and send bitcoin. Hedge bitcoin price without counter party risk.  Bitcoins killer app is here."

I like this idea as it doesn't require a bounty or current developer time to attempt.

The only minor concern I can think of is that by not actively promoting BitShares then Bitcoin users are ambivalent to the product they are using. This gives Bitcoin time to develop a similar solution maybe via side chains? (I don't know anything about technical stuff.) So during this window of opportunity we have to promote BitShares and BitAssets, we would have promoted & empowered Bitcoin with our USP and then be made obsolete once they can replace us with their Bitcoin collateralised or other solution and users wouldn't know the difference.

Is there actually any chance of side chains working? Last I heard bitfury was trying to make it so that mining hardware had a fingerprint so that you would know who bad actors were because it is free to mine sidechains, meaning free to attack. At that point, you have to wonder what is the point.

Kind of like coinapult locks. Once you get to the point where you are trusting some guy in panama with your money, what is the point? Just get a bank account.

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General Discussion / Re: [BUNKER NEWS] -- It's BitAwesome!
« on: February 01, 2015, 11:48:52 am »
Hey if you are burning waste oil then you might want to look into onc in mulgrave. My info is a few years old but I know they used to supply metro transit with fish oil, but it didn't work out in the winter. As far as I know st.fx still powers their boiler with it. I know lots of people heat their house with it (0.25/liter for employees).

I know it used to be a big burden for them to get rid of the stuff. They are under new management now so maybe that is old news.

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General Discussion / Re: [BUNKER NEWS] -- It's BitAwesome!
« on: February 01, 2015, 01:36:00 am »
How are your generators from the 60's going to be cheaper to run than nspi? I can't imagine the uarb ever allowing it, nspi must have their guaranteed return on investment!  Monopolies don't like competition and they have no incentive to allow you to compete if you aren't helping them with their green quotas.

I mapped out all the hydro power potential in cb with the intent of using the power to run a data centre and using the heat to keep a greenhouse warm. But we live in too much of a backwater. Too much red tape.

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General Discussion / Re: Shapeshift API into Bitshares Wallet?
« on: January 31, 2015, 11:59:10 pm »
As great as this would be, I see the likelihood of this happening before 2017 as very slim.

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