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Messages - Shentist

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1
The sharedrop was promised by Invictus company .

And STEEM is run by STEEM company .

So . it's ok not to drop on it .

I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.

The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.

Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.

Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.

Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.

Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.

It ain't so. Do some research. There are innumerable people still working on BitShares, and many of the people working on Steem are also very active in BitShares. If Steem had not been invented, BitShares would have ground to a halt because their were no development funds, and some of the devs NEED TO EAT, and NEED TO FEED THEIR CHILDREN.

There are some very "entitled" people in BitShares who think they are owed something beyond what had been produced by the time development funds ran out (and further funding through dilution - a very common business practice, as in new funding rounds - could not get the required votes).

And look at BitShares Munich, one of the leading sources of BitShares development now.  It has brought in thousands of dollars of bitshares development funds for itself BY POSTING ABOUT IT ON STEEMIT.COM and getting upvoted there (when it couldn't raise enough funding by selling its OPENPOS asset on the DEX).

The ignorance sometimes displayed in this forum is stifling.

thanks for your view of an "inside
r".

Aren't you the guy who took month after month of pay from the blockchain to fund his own bitshares-related business startup? And then shut it down?

Yours is the type of ignorance that I am talking about. And your constant negativity and bitterness are not only stifling, but counterproductive.

true, and the opensourced codebase is here: https://github.com/wildbunny/metaexchange
the community paid for this and for this reason the codebase is opensource.
but, why has my personal opinion something to do with this?


[member=11399]oldman[/member]

thanks for your post, you said what i would like to said if my english would be better

[member=5]bytemaster[/member]

good to see you have success. But you will not erase your past, good luck to look into the mirror!

2
General Discussion / Re: STEEM hack discussion
« on: July 16, 2016, 06:17:27 pm »
Their centralized wallet got hacked after all this advertisement of advantages of decentralized blockchain. LMAO!

Yea I'm pretty shocked about that. I wouldn't have thought something like this was even possible.

Of course I never got around to changing my keys over the past couple days. Easy come easy go?  :-\

Also makes me wonder if our openledger wallets are exposed to the same risk...?

And wtf wasn't 2FA authentication set up by now? That would have probably saved a lot of headache.   ???

2FA is not so simple in blockchain.. it also creates a barrier to onboarding.. eg. you don't have 2FA in facebook.

on facebook i do not hold money! 2FA could work if you setup every account as a multi account end the second one is just for 2FA confirmation on your smartphone.
And who is going to do this confirmation?

Sent from my SM-P900 using Tapatalk

what i mean is, if you create an account you are creating 2 accounts at the same time on 2 machines. Like your desktop computer and on the smartphone an account just for 2FA without any other information, just for confirmation an transaction. You are creating 50/50 accounts and you are the sole owner of both accounts.

a simpler way would be google 2FA but it was said it would be not possible because of the decentraliced network. This point i do not get, because on the webwallet the wallet is already hosted on a website so it should be not a problem.

3
General Discussion / Re: STEEM hack discussion
« on: July 16, 2016, 05:33:04 pm »
Their centralized wallet got hacked after all this advertisement of advantages of decentralized blockchain. LMAO!

Yea I'm pretty shocked about that. I wouldn't have thought something like this was even possible.

Of course I never got around to changing my keys over the past couple days. Easy come easy go?  :-\

Also makes me wonder if our openledger wallets are exposed to the same risk...?

And wtf wasn't 2FA authentication set up by now? That would have probably saved a lot of headache.   ???

2FA is not so simple in blockchain.. it also creates a barrier to onboarding.. eg. you don't have 2FA in facebook.

on facebook i do not hold money! 2FA could work if you setup every account as a multi account end the second one is just for 2FA confirmation on your smartphone.

4
General Discussion / Re: STEEM hack discussion
« on: July 16, 2016, 05:00:19 pm »
Their centralized wallet got hacked after all this advertisement of advantages of decentralized blockchain. LMAO!

I've used it because I like the concept but I've also wondered about this. why is that? because they're still not using IPFS?

would be good to get some information about our web wallets. Sop [member=11456]svk[/member] how is the situation is bitshares save?

5
The sharedrop was promised by Invictus company .

And STEEM is run by STEEM company .

So . it's ok not to drop on it .

I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.

The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.

Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.

Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.

Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.

Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.

It ain't so. Do some research. There are innumerable people still working on BitShares, and many of the people working on Steem are also very active in BitShares. If Steem had not been invented, BitShares would have ground to a halt because their were no development funds, and some of the devs NEED TO EAT, and NEED TO FEED THEIR CHILDREN.

There are some very "entitled" people in BitShares who think they are owed something beyond what had been produced by the time development funds ran out (and further funding through dilution - a very common business practice, as in new funding rounds - could not get the required votes).

And look at BitShares Munich, one of the leading sources of BitShares development now.  It has brought in thousands of dollars of bitshares development funds for itself BY POSTING ABOUT IT ON STEEMIT.COM and getting upvoted there (when it couldn't raise enough funding by selling its OPENPOS asset on the DEX).

The ignorance sometimes displayed in this forum is stifling.

thanks for your view of an "insider".

6
Technical Support / Re: where are all the OPEN.STEEM fees going?
« on: July 13, 2016, 05:28:39 am »
What's the breakdown of the fees dispersion for something like OPEN.STEEM?  Are the fees going partly to OpenLedger, delegates, and the rest burned?  I can't find any documentation on the percentage breakdowns.

OPEN.STEEM is a UIA= user issued asset so the fees are going to 100% to openledger. on every transaction you pay also the network fee, so this goes to the bitshares network.

7
Can someone please ELI5 Dan/STEEM/BTS for me?

I noticed STEEM going parabolic on CMC today, thought I'd check out the latest epic pump'n'dump and found Dan at the bottom of the rabbit hole. Not something I expected.

Then I hit Bitsharestalk and find a whole lot of pissed off folks with a pretty consistent sentiment that Dan has absconded with knowledge/experience/ideas funded by the PTS/AGS investors (of which I am one) and is using them to enrich a small, centralized cadre of "Steemit"(?) developers/investors via a heavily pre-mined coin apparently designed to game CMC. Also not something I expected.

Finally, it appears that although Steemit would not exist without Bitshares technology/codebase and substantial contributions from Bitshares lead developer (Bytemaster), there is currently no clear roadmap for a share drop on the PTS/AGS/BTSX/BTS folks. Definitely not expected!

I'm currently trying to maintain an open mind, as I continue to believe in Dan's vision and talent, but from where I'm standing this situation is pretty much ass end opposite of everything Bitshares stands for.

Help an old guy out, thank you!

in the beginning, it was told it is bytemaster alone, but if you look into the whitepaper you find any bitshares CNX codername i know, so he took the whole team with him and left bitshares without preperation on his own. only svk is left as a sole contributor to the codebase and the guys from blocktrades (and they are also heavily in steem).

because they promised to give away 10% for every future project, they gamed the words and just frontmined the whole steem project and they will tell you "there was nothing to give and you could mine by your own" - true - but every none technical guy was thrown away.

8
General Discussion / Re: Bitshares price discussion
« on: July 12, 2016, 05:40:50 pm »
How exactly will this work? Most people withdraw from exchanges and instantly power up, you will also need to offer more than 0,28% interest rate per day in order for someone to even consider to loan you STEEM, isn't this risky?  considering that only a small fraction of STEEM is available for trading?

but maybe shorting will be integrated into STEEM, because bytemaster wants to achieve worlddominants. so i can wait. i realize i underestimated the dynamics otherwise i would have bought some myself and got rich in 3 days....

You didn't answer the question, anyway.

i didn't realize that this were questions to be answered. i think you are right. Who would loan it if he get diluted 10% a year.

9
General Discussion / Re: Bitshares price discussion
« on: July 12, 2016, 05:05:48 pm »
any idea how to short it?

If one of the exchanges allows shorting STEEM... that's a virtual gold mine.

Not only do you get to take advantage of this minuscule volume pump, but you also have constant dilution on your side.

How exactly will this work? Most people withdraw from exchanges and instantly power up, you will also need to offer more than 0,28% interest rate per day in order for someone to even consider to loan you STEEM, isn't this risky?  considering that only a small fraction of STEEM is available for trading?

but maybe shorting will be integrated into STEEM, because bytemaster wants to achieve worlddominants. so i can wait. i realize i underestimated the dynamics otherwise i would have bought some myself and got rich in 3 days....

10
General Discussion / Re: Bitshares price discussion
« on: July 12, 2016, 04:42:09 pm »
any idea how to short it?

11
General Discussion / What bitshares should learn from steem
« on: July 10, 2016, 05:43:45 am »
As many people can see on coinmarketcap steem is valued 53 million dollar

this is amazing....

how do we get bitshares to this point, what should we learn??

keep as many shares from the exchanges, so that the demand always exceed the offers

- on bittrex https://bittrex.com/Market/Index?MarketName=BTC-STEEM only 38.000 steem can be bought, so you need just 40 Bitcoin to double
steems value again. with this market structure steem will get to 1 billion in just a couple of weeks.

so we need to create something to lockup 95% of bitshares for 2 years and we will get all rich. Think about it. This is much easier as we might think
it will be.

12
General Discussion / Re: Steemit's Plan
« on: July 09, 2016, 04:57:59 pm »
Get Rich Quick Steem

Waves, Lisk, Ethereum, Augur... every half-as-skilled-as-me dev was being thrown boatloads of money at, it was time for Dan to get his. Plain and simple. By owning 90% and selling it off, he can walk away anytime without being beholden to investors like he was with BTS.
I actually cant .. to sell his stake he needs to divest over 2 years while PUBLICLY showing that he is divesting over 2 years ..

i am pretty sure all his accounts are public know "ironic out"

13
welcome

1 question

how much of the features are ready and useable from the start?

at the moment nothing to see, no whitepaper, no alphaversion and your crowdfunding starts July 11. Will you publish more?

cheers
shentist

14
General Discussion / Re: Steemit's Plan
« on: July 07, 2016, 09:06:17 pm »
@CoinHorder


Stealth - rejected because it was not considered important enough and because of dilution
- not true! FBA funded from Onceuponatime, but he got his money back, because they could not deliver what was promised

Subsidizing Liquidity - rejected because of dilution and some thought it should be done off-chain
- where can i read this? never saw a worker proposal for this

Decentralized Bond Market - rejected because people thought other things were more important
- not true! was original promised as BTS 2.0 was advertised but got cutted because of time.

to get you my perspective

1. we got forced into a merger and Follow my Vote got a lot of free shares for using bitshares - so where is this promised Follow my vote using bitshares?????
2. we got stripped of 10% for every chain who is using bitshares - because of the merger.
3. the community agreed to it because we wanted to keep bytemaster

so now he worked in secret on a new project and sold most of his bitshares

now, tell me who scammed the community.

as a matter of fact, i am pissed, because everything Larimers are spreading is fud in the end.

In the end the Graphene Kit got MIT because Dan wanted to start his own baby without giving anything to CNI his own company.  It is so sad, to see this.

The good part on Steem, only fanboys are on this platform and you can read a lot how to make big bugs out of sin air.

So CoinHorder don't give the community the hot potato, because we got forced in 2 years to many thing who where not promised but where needed to keep
everyone on board and now they left in secret.....sorry that i feel betrayed.

15
General Discussion / Re: Steemit's Plan
« on: July 07, 2016, 05:23:16 am »
this post is his official statement that he abonden bitshares and is building with steem all the things he promised for bitshares.

why should these planes drive anything to bitshares? they will code everything for steemit and not for bitshares. CNI made Graphene MIT
but Steemit is different you can not use the code without permission, so why do you think they did what they did?

Steem is a poisoned project because it started the wrong way.

This will help bitshares Zero!

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