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Messages - tonyk

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31
On Nov 5th you can claim it all.

No need to do it every day. The longer you wait, the more you can claim at once.

profound statement !!!

very indicative of BM's thought process as of late.

32
General Discussion / Re: how to mine steem
« on: April 20, 2016, 01:26:50 am »
My wild speculation is that when you funded STEALTH you were unaware of another DAC being concurrently developed. I think it's a possibility you have been given some of the 80% of STEEM they initially mined themselves (& obfuscated in their Bitcointslk announcement) as some form of compensation, hence your multiple post support for a DAC  that I would think you would otherwise not be thrilled about in your position.

I am sure! (or something similar)  +5%
I can't  find myself another explanation   :)

You may have a mean spirited and grasping myopia if you can't find yourself another explanation.

The fact of the matter is that Bytemaster offered to reimburse me from his own pocket  the full amount of the investment that I had made into the STEALTH project when he determined that the vulnerability of inexperienced or careless users to losing their funds would be too high and unfixable within the time frame of our original agreement.

I found his offer to be extraordinarily generous and indicative of his honest character and the integrity of his overall vision.

After much consultation with Dan and members of the STEALTH Board, I have accepted a 6 million BTS payment from Dan in return for 800,000 STEALTH. I reluctantly did this because I am in need of funds for other BitShares projects I am contributing to and because I had expected the STEALTH project to be at a level whereby I would be accumulating funds from it by now.

The new Plan:

I will pay 20,000 STEALTH each to two Team Leaders to move forward  the implementation of STEALTH (in its new, more limited blinded functionality). Since they are being paid only STEALTH it will be in their interest to maximize the value of STEALTH shares in any way they can come up with (temporary fees, or whatever). This would benefit all holders of the STEALTH FBA.

I will provide the Team Leaders with a significant (but not unlimited) budget from my own pocket to contract the necessary talent to implement development of STEALTH up to an agreed upon functionality.

I will use a percentage of the payment from Bytemaster to help provide liquidity in the new STEEM ecosystem

I will use the remainder of the BTS from Dan, after the above disbursements, to create liquidity in the bitCAD, bitEURO and bitSILVER markets in preparation for hopefully widespread adoption of Ken's POS system and as a marketing tool for my presentation to a centralized exchange to entice them to add BTS, bitCAD and bitUSD (and possibly bitSILVER and bitEURO) to their current lineup of bitcoin and ether, fiat CDN and fiat USD. That way, merchants could move bitCAD or bitUSD they receive from their customers to that exchange and then withdraw fiat CDN or USD to their bank accounts to pay their bills.

I have not been given any position by Bytemaster in the STEEM initiative, and in fact I am, in comparison to many of you, at a disadvantage because I am not a miner. But I can read White Papers and I am a fairly good judge of character - so STEEM has my full support.

Interesting... so I have narrow minded view of facts because:
-My similar size investment in BTS never got an offer to be refunded/bought back.... so I should take your take on facts not mine correct? Or I will be labeled short-sighted/narrow minded, right?

-----
Let's assume the facts are as you state them... so you provide 45K for the development of BTS.... you did not care if other more important features are skipped because of it (let's call it a difference in judgments and your stealth was the best could happen to BTS as far as you are concerned)....But after 3+ month nothing comes out of it...all the rest is stopped...even more...a new competing chain is developed in total secrecy by the leader of BTS....
and you still support BM's vision? Vision where he promises and not deliveres, and instead launches a new 'personally owned chain'
-----------
You getting back 6mil bts for 45K USD and 20% of not finish (mostly useless) feature might speak for your generosity and or desire to sponsor BM... but what is the reason you included that info above anyway? Paying 15K for non existing and never paying for itself feature is not a sign of a great vision you self claim (inferred by accusing other of short sightedness)?...
What I am coming to is...NOW you gonna take you efforts of providing liquidity? Now after 3 months in which you virtually delayed this feature by forcing another feature (that ultimately failed) in front of that?
-----
You can like STEEM all you want, but do not forget that your 'sponsorship' provided the best ground for it to be developed in private.... and STEEM is nothing more than a centralized entity trying to take advantage of 2 established cultural phenomenon (blockchain and social midia sites) in an effort to not do much more but grab money for 'select few'... maybe that is your intersection of yours and BM ideals...idk.


33
General Discussion / Re: Whale Powered Assets
« on: April 20, 2016, 12:53:08 am »
Proposals are based in part on what resources are available to work on them.
Resources are hired based on the availability of stable funding.
A constant battle over who controls the funding light switch means no one dares hire against any line item.
So the resources remain allocated elsewhere.

Voting is overrated.  I wouldn't want to ride on an aircraft controlled by voting passengers.
Give me a benevolent whale any day.
:)

While perhaps an isolated and overly suspicious view, posts like the above make me think a lot of Stan's recents threads like this one are actually veiled pitches for Steem which is already controlled by a 'benevolent whale' in form of Steemit. If so I think they should be moved to random discussion.

On the contrary...they should forever stay in the  General area as a remind of a great lessons learned in the past

This lesson in particular - on how the fighter for decentralization and freedoms for all, can turn the blockchain into a centralized solution where she holds virtually all of the stake ( and constantly tries to increase it by 9x ratio each and every time a new crumble of stake is thrown to the masses... small bait given in a hope to gain network effect and so even more money for her). This  Opost in particular being a brainstorming on "how to justify what is in our personal narrow interest, is the only and true way forward for everyone else"...

This lesson of course - when money and power are at stake, all other virtues tend to be twistable...


34
General Discussion / Re: Should BTS end merger vesting BTS early?
« on: April 17, 2016, 05:05:38 pm »
I'm curious as to what could possibly beat the merger here, what's your #1?

My #1 is the decision to distribute 50% of all BTS to PTS (and distribute based on simply holding said PTS and not actually donating those to the project(funding development). PTS being a weird combination of 90% fast mined coins held by a handful of miner whales, and 10% by small miners and buyers on the open market.

My #2 is the merger by I also include here (call it #2a) the "invention" of so called self funding chains. I believe only the self diluting chains was invented, for self funding we need another element...."funds"... money and not only a way to give a stake to what I call worker-speculators (aka devs that need the money so they can put food on the table the second they receive the new shares).

My #3 is Titan plus the general idea to  go with non standard chain and then to poorly design it to the point of needing to abandon it in what 6 mo.?... I call it playing Sony before the start-up has even learned how to walk (aka finance itself)

After those 3 there is a ton of other non-sense and or unwise decisions that I can not put in any particular order of impact...

35
General Discussion / Re: Should BTS end merger vesting BTS early?
« on: April 17, 2016, 02:56:28 am »
I was always opposed to the merger (even without understanding all the ramifications of it) and the way it was essentially "forced" on the community. And, IMO, it turned out to be in the top 3 or 4 "disasters" for bitshares (probably #2). It totally failed at its stated purpose (which was never adequately explained anyways), it wasn't decided very democratically,  it killed a number of funding opportunities, directly and indirectly cost BitShares two core developers (toast and Nathan), brought us another even more ineffective and expensive marketing manager that ultimately led the community to conclude that hiring an effective and reasonably priced marketing manager wasn't possible (something I don't think is true), introduced a lot of unnecessary inflation, and disenchanted a lot of loyal BTS followers.

On a personal level, it cost me some of my BTS ownership, as I wasn't a donator after the first BTS snapshot, since I thought most of the value proposition of AGS was tied to that snapshot. I liked a lot of the other plans in theory, but they were all high-risk long term plays, and I didn't see sufficient experienced manpower and funding to make those teams effective.

Despite the personal cost to me, I have to agree with gamey that changing the rules at this point would make us guilty of the same thing that was done to us, so I'm voting against this plan.

What are #1,#3,#4 and #5  *disasters* in your book?
[I have my own list and " 'THE merger' is close to #2 spot most of the time", just curious what are the rest/in what order]

36
General Discussion / Re: Should BTS end merger vesting BTS early?
« on: April 17, 2016, 01:19:51 am »
I though this proposal was a joke...I still kind of do. The only reason why I decided to post is that several other people that usually do not post jokes/nonsense (unlike myself) seem to take the matter seriously.

No, I did not vote "No" cause the poll is a joke, in my view. Even proposing "yes" as a possibility is a joke as well.The tons of new BTS becoming available to dump are bad...real bad (but I have posted my take on that already numerous times). But stopping this is  a total REVERSEFLASH*



*It is probably my non-native speaker take on words here but...flash is when you flash you toilet.... reverseflash is when the stuff comes back up...
No?



Those balances *are* the property of their owners.   

That property interest was the equivalent of a royal grant made by the (former) developers of Bitshares who held merge rights on the Bitshares Github repository. The legitimacy of that act has always been in doubt, because it was never subject to stakeholder vote.

The quid-pro-quo for this gift was the alignment of the developer resources and chains (vote, dns, bitshares). Additionally there was an insight that having multiple dapps on the same chain has synergy and efficiency benefits compared with multiple dapps on different chains. (See BMs discussion on the cost of cross-chain transactions, or consult the Ethereum market cap for reference).
 
The Bitshares Royalty have now abdicated their position in favor of a new interest (Steem). It is natural to consider if Bitshares can afford to pay 700k/day with no benefit attached, and when the original terms of the arrangement no longer carry any meaning.



I get your point... but it is not fixable...taking real / perceived value from people to achieve another unachievable goal will not do much other than creating an even bigger mess.

37
General Discussion / Re: Bitshares price discussion
« on: April 16, 2016, 07:25:06 am »
Being a Mexican (at heart), I am very curious to see how this BTS price game plays out....
The gringos accuse the Chinese of trying to destroy their baby ( BTS)...while much the same gringos are selling like crazy (at least 200+ mil BTS in the last 2 mo. alone, imho).

All at the same time "the Chinese crazy anti dilutors" have 5x more to lose in any significant bts price drop... so they better buy before the gringos push the price to 200 sat territory.


38
A new chapter in an old book - "Steam - 7 days to sweat equity"


 (sorry both with an 'e')

"Steem - 7 days to sweet equity"


"...9 is the golden number in this one... as we give ourselves 9x of anything ever created (aside from the very very beginning when we gave ourselves 50X but who will ever remember that?, right?)

... pyramid schemes be damned, we will just give ourselves 9x for anything anyone makes...

...why have  "sweat equity" when we can give ourselves "sweet equity" in a flash? (reversed or not) "

39
Stupid question thread is well overdue for Steem....

But a friend of mine asked me to explain Steem to him....

So I go....
"If you post something good (0.01% chance) or vote for something good  (0.001% chance) or steemed it  (0.0001% chance) makes you are witness... you will be paid some steem.
For every 1 steem you get, steemit will get 0.75*9 steems (vested).

????
They will get 6.75 Steem for any and every steem ever created...for being fast (7 days) enough mining and having sweat equity coding this...sorry sweet equity?"

?
I am stupid enough, so I do not know...is it so fast/sweet?

41
This makes little to no sense to me... and by 'this' I mean supporters of full dilution leaving the ship with virtually no fight (localhost, trust, blablaName-BlaBleName, shanghai-dragon-cny). Those where all big holders deciding to dump after having been voting for all Actual-work-workers before that....

And while I can understand the logic BM expressed (I said understand , not agree) - i.e. "One side have to move to a new chain...eventually."
I find it  not a very smart way to do it.... especially in the part of leaving supporters fight the so called "non-diluters"...while big whales have given up and silently leave the ship.

Now we know  :)

No... we knew back then...it is just formally confirmed now.
I still stand behind the above statement -  all steemers should know - their leader is a one to easily give up...leave the ship and chase his next dream.

BTS holders are still paying off the merger, the intent of which was to prevent the fracturing of development effort/code/chains/community.

Yet this fork receives official blessing and assistance.

It must be April Fools.

Friendly advise. If you believe in BM's new vision (as opposed to his ex-vision i.e. BTS) you better get on board with steem...

I personally find his early ideas far better and consider him more or less lost currently, so I have no interest in this STEEM, but it is just me.

So act accordingly to your take on things in that regard.

42
1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

4. llildur: 174

5. liondani: 600

6. tarantulaz 675

Changed my mind. the correct list is above.

43
Expected trading pairs?

wtf do you mean?

cadastral/solar?
Does this sound good?

Cadastral/btsplus  /  COMPUCEEDS/STEEM


What the f*** abit!!!!????!!!!!


PS with all the insanity going around...this seems like a very down to earth approach imho

44
"Fallowing the "% of supply" fallacy Bitcoin just managed to increase its market cap from 6.4Mil to 60 Mil market cap ... now for every BTC one used to have, he now has an additional 9 BTC in vestBTC, due to a 'simple mistake / inovation' by donotflashMasterByte and his team (teem?)

Seems like,  a hot steam project called Seem, made all this a reality!

'vestBTC are notoriously hard to withdraw with 1/(5*12) monthly withdrawal rate, so the  vestBTC will not hit the market anytime soon' -according to flashesOfMasterByte.
 'And why would they ever be hitting the market ? they  increase by 225 BTC every 10 min (9*25 btc)',  explains donotflashMasterByte, lead developer of the project..."

45
so...
sbd stands for steem backed dollars

and steem stands for/comes from esteem/reputation not beam of light.?

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