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.

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!

There seems to be an extraordinary and coordinated effort to keep BTC from taking off on the next bull run.

I have no data to back this up, just many years watching the markets and lately many hours watch the BTC charts.

It seems eerily similar to the gold and silver markets.

China is crashing terribly, Greece just defaulted, the EU is in shambles, risk is spiking everywhere. And yet safe-haven/risk off assets such as gold and silver are getting slammed. It makes absolutely no sense - unless you're pulling the levers and keeping the crowd in equities by making the alternatives seem worse.

I think LTC is the canary in the coal mine. There has been much heavier investment by the big boys in BTC, and they have proportionally more control over the asset. LTC and most other alts I think have been marginalized, so when one goes on a run there's not much the big boys can do about it.

As I've said for the past 18 months or so, the big boys are keeping BTC down and steady until they can open the ETF pipeline. At that point, mark my words, we will watch billions, yes billions, flow into BTC very, very quickly. I would say (and have said) BTC will hit $10-50k within six months of the ETF going live. It is going to be insane.

Smart is a terrible prefix - trendy, awkward and very difficult to market.

BitAssets piggyback the collective understanding that BitCoin has built over the past six years.

BitSomething = CryptoSomething

Smart also instantly alienates huge demographics of users and really only appeals to the 20 something and younger crowd.

I can't believe the devs are considering such a move, if in fact they are.

Immense damage to an already confused brand.

Just don't.

Yes, will vote and needs to be implemented wasp.

OP,

been screamin all week, I'm hoarse.

If you got any lung left:


https://bitcointalk.org/index.php?topic=1078009.0;all

Well done sir! Your efforts are incredible!

Please upvote before it gets buried:

http://www.reddit.com/r/Bitcoin/comments/3929x3/bitshares_now_handles_more_tps_than_visa_and/

Reddit upvotes needed:

http://www.reddit.com/r/Bitcoin/comments/3929x3/bitshares_now_handles_more_tps_than_visa_and/