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Messages - Chuckone

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91
Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« on: June 23, 2015, 05:51:41 pm »
Quote from: ag on June 23, 2015, 05:44:44 pm
banx is a ponzi scheme. the 'banx share' token use to be on blockchain. It was great when it was only traded on the Banx Capital central exchange, because they manipulated the trading, and made it seem like it only goes up in value. But since its an altcoin on a blockchain, another exchange finally hosted it, and the prices diverged. So banx shares was then migrated off the blockchain to Banx Capitals private accounting book. Now no one is allowed to sell the banx shares they own, only to buy from on the central exchange. In the period it went to 10 million market cap. wow!

Why do people want to buy 'banx shares' which they cannot sell? It pays dividends, if you get on a mailing list. and Banx Capital claim banx share owners are part of an IPO, and that eventually you can sell your banx shares.

There is no actual profit in the company. dividends, to those who are paid, is paid from funds of share purchasers. And a PR operation is funded as well.

Banx Capital says they are going to use bitshares technology... to convince people to buy more banx shares lol. that's all. they have no real business.

Yes a few months ago they finally set up a working crypto currency exchange. it has no volume I don't think? Banx Capital has no expertise and just enough skill to con people over on bitsharestalk.org

I don't mind people having critical thinking and asking tough but necessary questions, but do you have any fact to back your claim that "banx is a ponzi scheme"? If you do, please don't hesitate to expose those facts so that everybody can make their own mind. Otherwise, I'm sorry to tell you that you won't be taken seriously around here.

92
Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« on: June 23, 2015, 01:44:10 pm »
Quote from: Stan on June 23, 2015, 01:21:43 pm
We no longer need to play to the small, fickle, meme-struck crypto "investor" crowd. 
We're gathering real partners with real businesses attracting real customers who will become the real source of our demand.


YES! This! There will always be speculators and traders, but when the bulk of the demand comes from actual customers using the services of Bitshares or its partners, then Bitshares will be in a very good position.

93
Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« on: June 23, 2015, 12:43:24 pm »
Quote from: bubble789 on June 23, 2015, 12:38:24 pm
is this why BTS price  is tanking ?.... :o

I haven't seen any good news have a direct impact on BTS for a while. If it appears some news has a positive impact on the price, just look at all the other alts going up at the same time, and it'll be enough to convince anybody it's a coincidence.

Seems like those moving the market in either direction don't give a f**k about the news lol

94
Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« on: June 23, 2015, 12:36:40 pm »
Good job Cryptonomex,

Bitshares 2.0 is going to have some tx volume when it rolls out with all those announcements!!

And welcome aboard Banx Capital!

95
General Discussion / Re: nice exposure today, Max Keiser on The Keiser Report mentions BitShares'
« on: June 22, 2015, 12:56:06 pm »
I'm thinking out loud here, and it's not related to this thread... But I wonder if Russ and Erlich are controlled by the same guy, and if that guy has another active and known account.

That's kind of weird if/when they all talk to each other in the same thread.

In any case, they're all pertinent in their own way, and they're entertaining!

Keep it up  ;)

96
Muse/SoundDAC / Re: Rename to Muse
« on: June 21, 2015, 02:19:45 pm »
Quote from: Akado on June 20, 2015, 08:08:09 pm
Quote from: pendragon3 on June 20, 2015, 07:53:55 pm
Quote from: toast on June 20, 2015, 06:16:09 pm
Quote from: Goodtiming on June 20, 2015, 06:01:54 pm
Muse is a terrible name anyway, trade mark arguments aside. It suggests something whimsical rather than something of value like a bank note.
Notes is an excellent name as it suggests value and music. To coin a phrase musically you use notes.

"Muse" is the new name for "BitShares Music". There's no planned change to "Notes" afaik.


I think "Muse" is a great name for the blockchain. I'm not an attorney, but calling the blockchain "Muse" is clearly different from using the name for a band, show, or performance. Most mainstream users wouldn't be interacting directly with the blockchain.

still, what matters is that it might cause unnecessary problems that can jeopardize the project when we could easily avoid it now.

I understand your concern, but I've heard cob say several times that the legal costs (lawyers) for this project were fairly high, so without an official answer I would tend to assume such an important part like branding has been vetted by the legal team. In any case, it's in their best interest to do so before any official launch.

97
General Discussion / Re: What's a Whale?
« on: June 20, 2015, 01:47:59 pm »
Quote from: DataSecurityNode on June 20, 2015, 01:38:23 pm

So by this definition how many 'whales' does BitShares REALLY have?

I guess it's hard to get a clear cut number, having a few variables to account for in the evaluation. Using the definition I just came up with a few minutes ago, using market liquidity adds a lot of volatility in the total number of whales Bitshares has at any one time, so in the end to simplify things it could all boil down to the % of shares owned and market value.

98
General Discussion / Re: What's a Whale?
« on: June 20, 2015, 01:24:43 pm »
Quote from: xeroc on June 20, 2015, 01:19:49 pm
Just wanted to make a point .. bts was at 70m and 200m are definitely within reach in few months (imho) (not an investment advice)

Hence you would have a nice position with 0.01% already (depending on the definition of "nice")

Makes sense!

I'd like to add another definition to "whale". I believe term "whale" should be related to the capacity of an individual or entity to move the market price significantly if he/she/it decides to liquidate their position. So it all depends on the liquidity of the market, the % of shares the whale owns and the market cap.

99
General Discussion / Re: What's a Whale?
« on: June 20, 2015, 01:16:17 pm »
Quote from: xeroc on June 20, 2015, 01:12:45 pm
Should the definition of whale be linked to the marketcap? ... 0.01% at 100billion$ is .. well .. not pocket money :)

Haha! 100G$?!

I don't even dream about it. I'll be there till the end, but I don't expect to become a millionaire because of my small investment in Bitshares.

100
General Discussion / Re: I suggest that the development team should be rational, real situation
« on: June 20, 2015, 01:13:29 pm »
I don't mind a little bragging, as long as it can be backed with facts! We'll see when 2.0 releases!

101
General Discussion / Re: What's a Whale?
« on: June 20, 2015, 01:11:21 pm »
Anybody who owns more than 1% of the current supply.

102
General Discussion / Re: Crypto/Bitshares Feature Documentary
« on: June 19, 2015, 03:13:30 pm »
I guess it would be nice, but as cylonmaker2053 mentions, it's all about how much it would cost.

It should be "objective" in the sense that it shouldn't appear as a sales pitch for Bitshares, but still focusing on it.

With a sufficient market cap, a professional documentary dedicated to Bitshares and cryptos in general shouldn't cause too much dilution. I would vote for a worker proposal to create that kind of documentary, but only after 2.0 is out there bleeding the competition, and sufficient market cap to absorb the cost with limited dilution.

103
General Discussion / Re: New accounts last 24h:
« on: June 18, 2015, 11:27:28 pm »
Quote from: svk on June 18, 2015, 10:54:29 pm
I really don't get why everyone is being so nice towards this Narwhal character, he's an idiot who spammed the blockchain with useless account names hoping to one day profit from an even bigger idiot wanting to buy one of those useless account names. If it were up to me we'd just exclude his accounts from the migration but lucky for him I'm not in charge..

Squatters don't deserve any respect..

I tend to agree.

But excluding his accounts on migration would really be worst for Bitshares than having a squatter who has 30k-40k names registered. There would be a whole crew spamming out there against Bitshares on all the forums and medias, causing a lot of damages to Bitshares' image.

So basically he got away with because he found a loophole in the way the rules were set up. Good for him. Now let's just focus on making sure Bitshares' ship is tight and that kind of situation won't happen in the future.


104
General Discussion / Re: What is everyone up to?
« on: June 18, 2015, 03:47:29 pm »
Convincing friends one at a time to hop on the Bitshares wagon. With the stream of good news that has and will be coming out it's much easier.

It's not much, up to now only one friend downloaded the client and started trading, but if each and every user convince only one person to download the client, buy some Bitshares or some bitUSD, we will quickly double up our user base.

105
Technical Support / Re: Over 26,000 new user accounts in the last 24 hours?!
« on: June 18, 2015, 03:38:56 pm »
Already discussed here:

https://bitsharestalk.org/index.php/topic,17016.0/topicseen.html

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