Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Chuckone

Pages: 1 2 3 4 [5] 6 7 8 9 10 11 12 ... 21
61
In the same direction of thinking as xeroc...

You could have two types of accounts. Free accounts for the everyday John Smith user who just wants to stream music for free without too much ads, and you could have another type of account for "traders" or music "curators". This type of account could give access to more sophisticated tools to better track the up and coming artists and automate some of the process to find and select the most interesting new artists.

These tools could give a competitive edge to those willing to make a profit out of that model, and in exchange PeerTracks could charge a small monthly fee for that privilege.

62
General Discussion / Re: Bitshares price discussion
« on: July 17, 2015, 06:15:41 pm »
Have you included the newest information BM revealed in todays Hangout about an
actual BANK being very interested in CNX, the graphene tech and or BitShares
itself?!

It seems some more exciting news are going to be announced :D

I think I'll have to listen to the recording of that hangout! Was there any more details, or was it a subtle comment on which BM refused to expand?

63
Muse/SoundDAC / Re: Questions about Notes
« on: July 17, 2015, 05:59:45 pm »
Any suggestions from this incredibly smart community is welcome of course.
Actually I'm not from the smarter part of this community but if you would ask me...
I'd like to see MUSE launched as a separate Wallet/Website on the Graphene based BitShares Blockchain.
"Combine the extremes, and you will have the true center."

That's a fair suggestion.

I mean why wouldn't PeerTracks want to leverage the industrial grade graphene blockchain without having to pay for it? From what I understand, MUSE blockchain will be licensed by CNX for a price if it has its independant blockchain, and free to use if it integrates directly on the Bitshares blockchain.

You create your own wallet/trading interface for whatever artist coin that will be created and use the Bitshares blockchain as the backend and voilà! PeerTracks won't even have to maintain a blockchain, and nobody will have to short bitUSD on another blockchain. That kinds of frightens me to know that there will be two types of bitUSD backed by different assets on different blockchains. Why not have it all on a single blockchain, increasing liquidity and utility? Notes would be an asset on Bitshares (as it currently already is) and have the artist tokens as UIA.

Am I missing something, cause from my perspective it doesn't make much sense with BTS2.0 to have an independant blockchain for MUSE.

64
General Discussion / Re: Shorting Tips and Best Practices
« on: July 17, 2015, 04:48:43 pm »
That statement has been used since last November...

Yes this is exactly why the price is down 80% and no one trusts these announcements.  Going to have to put out 2.0 before Bitshares wins anyone back.

and that's understandable and to those of us who believe in the enterprise, it gives a great opportunity to continue investing at depressed prices.

True! But it's nonetheless hard enough to see Bitshares being beaten down on the markets while we know there are great things coming. I find it hard to believe so many whales just don't believe in it and dump their shares as soon as volumes picks up. Anyway, BTS can't get any much lower, I would be really surprised to see it go back down to the 8.5M$ marketcap as it happened this spring. But it could happen anyway, if 2.0 doesn't come out this fall.

66
Have you checked this thread?

https://bitsharestalk.org/index.php/topic,16982.0.html

Hopefully it answers at least some of your questions. I would like to be of more help, but I try to avoid answering questions I'm not 100% sure to know the answer. It appears their whole order book will be on the Bitshares blockchain and transactions will happen on the blockchain also. As for the other coins, I cannot answer with certainty how it will be managed. Maybe a more involved or knowledgeable forum member could help filling the blanks?

67
OpenLedger / Re: Forbes article out 2 PM UK time on July 16th 2015
« on: July 17, 2015, 01:21:07 pm »
awesome! i'd like to learn more about ccedk is being implemented. for instance, how is this possible?

“You won’t have to worry about our exchange being hacked or whether it is honest or solvent.”

i thought the exchange still hosts customer accounts and holds funds?
ha .. seems you haven't read through all the technology in bitshares2.0:
https://bitshares.org/technology/recurring-and-scheduled-payments/

This allows you to give permission to someone else (on-chain) to withdraw up to a predefined amount of funds (in a certain asset) in a given period of time.
You can pretty much compare this feature with a debit card that has a daily/monthly limit!!

In the end, the exchange does not need to hold ANY of your funds .. it's basically just "translating" credit cards commands into bitshares network commands ..

This IS a killer feature!

very cool, but i'm not sure that's the basis for ccedk, is it? they still operate an exchange and host funded client accounts on their servers. that's what i meant by the security issue. are they planning to migrate away from that structure somehow by plugging into 2.0? i thought 2.0 integration just enabled access to our DAX.

Their trading engine will be the Bitshares blockchain on the backend. So they won't hold any of their client's keys, eliminating the risk of being hacked and losing client's funds.

68
General Discussion / Re: Why are we tanking guys!
« on: July 16, 2015, 03:19:57 pm »
You need to file a formal complaint with the Bureau of Cryptocurrency Control. I don't think they read this message board.
We should fire the CEO of BitShares ASAP!

I concur! FIRE CEO OF BITSHARES!  +5%

Who is this mythical CEO?

I honestly don't know, some shady guy. As long as we can say to him "You're fired!!!" I don't care who it is ;)

Care to play the part? :P

Edit: Well, thinking about it, I wouldn't want people to tell you "you're fired". We'll find another scape goat :P

We need you around here!!

69
Random Discussion / Re: bitLife vol 0.2.O - A BitShares Comic
« on: July 16, 2015, 03:04:16 pm »
Rince and repeat!

Hold on to your shares and those market movements will only appear to be bumps in the road. Try to time the markets and trade at your own risks, the risk being that you'll be part of that legion of butthurt bagholders the crypto world has created.

Edit: By the way, very nice comic ;)

70
General Discussion / Re: Peercoin? What's going on with it?
« on: July 16, 2015, 02:59:31 pm »
Good news don't have much of a positive impact on price. Not because there's no one buying the news, but because it's almost always offset by those selling the exact same news. And then bad news (or even no news) have a negative impact on price, as traders almost always seek to find another profit opportunity (a good pump), which very seldomly happens with Bitshares.

Ok, it's not a very scientific reasoning, but it's a layman theory lol

71
... I am invested in Cob...
and cedric and toast and the rest of the peertracks crew .. :)

Cedric and cob... same guy ;)

But yeah, thumbs up for the whole team, I also invest in people and I do believe in what they're trying to accomplish!

72
General Discussion / Re: Bitshares price discussion
« on: July 15, 2015, 02:10:04 pm »
but you'd do it to park funds into crypto and earn a way above average interest rate on your savings.

AFAIK this won't be true anymore in BTS 2.0

73
General Discussion / Re: Announcing Brownie Points (BROWNIE.PTS)
« on: July 14, 2015, 06:26:13 pm »
I might have missed it, but I don't remember seeing it in this thread... is there a hard cap on Brownie points or are generously distributed and then more will be created when there's none left to distribute?

74
As long as you are happy for bitAPPLE to represent a number of Apple shares that grows over time, you can always define the exposure as as accumulation index that assumes any dividends are reinvested. Price feeds would need to adjust accordingly. This would mean no dividends are required to be distributed.

that's also a good approach
Would make for complicated analysis for uploading feeds and investors would never be able to compare traditional price to Bitshares price.

How about the dividends is distributed by the network creating new tokens of that MPA equal to the amount of dividends needed in proportion to the market cap of the MPA. The new tokens would then be distributed proportionally.

This means everyone gets some dividends which they can trade for bitUSD. Share price stays same as traditional price.

Problem is the dividend tokens are not-collateralize    :-\

Also, still want to know if it is possible to share drop some bitUSD (as dividends) on everyone who owns a certain UIA. Anyone know?

this is a good discussion, but we may be overcomplicating things. a bitAPPL could simply use the stock price feed and that's that...no fancy add-ons to mimic share ownership. we're creating pegged assets, but actual share ownership in corporate equity, so i don't see a need to go beyond simply pulling in the stock price feed and calling it a day.

I agree with what you say here. Personally I can't see a way of representing the dividends of normal stocks using MPA. Dividends are part of the profit from that company, and since we're only trying to peg an asset to its real market value, how could it be possible to distribute dividends? Where would that added value come from? And adding the cumulative value of the dividends to the stock price would only increase the difference between the feed and the MPA value, which will make it very difficult to evaluate in the future.

Unless someone comes up with a very clever way to create and distribute dividends using MPA, I don't see this as easily feasible. 

75

just something worth mentioning...did you know that everything kencode has done has been done with him holding only 16,000 total shares? 

Dang Ken, I thought you would be a whale!

Me too! Very surprised he's not hodling at leat a million shares (or several).

@kencode did a solid job with very limited ressources. He's the kind of guy I want in my team when I'm at work. Getting things done, annoying some people in the process with his sense or urgency by whipping asses, but doing the job nevertheless. I've seen several people with that kind of attitude up to now in my career and they always end up accomplishing more than others. He might not be the most loved around here and some people might not be comfortable with the way he does things, but he still makes it happen. Even if he falls, I know he'll get up again and keep moving forward. The kind of soldier that picks up the flag when the other in front of him drops it after being shot. We need that kind of people in our community.

Pages: 1 2 3 4 [5] 6 7 8 9 10 11 12 ... 21