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Topics - carpet ride

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31
General Discussion / Goldman Sachs - Publishes Paper on Future of Payments
« on: November 07, 2014, 01:42:27 pm »
"Cashless destiny is ahead, with few minor bumps."

Anyone have any suggestions for uploading the PDF?


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32
General Discussion / Who are these regular guys talking DACs?
« on: November 07, 2014, 01:13:12 am »
Just saw this podcast with some ivy league academics talking about DACs when looking up Beyond Bitcoin on SoundCloud. 

https://soundcloud.com/a16z/beyond-bitcoin-the-blockchain

33
General Discussion / Ray Kurzweil
« on: November 03, 2014, 02:28:19 am »
Might be interesting to get this futurist involved

http://transcendentman.com

34
General Discussion / DAC Marketplace Diagram / Visualization
« on: October 07, 2014, 10:39:56 pm »
First attempt ... needs more work .... time


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35
General Discussion / NuBits Scam
« on: September 24, 2014, 11:01:17 am »
After NuBits was exposed to the world, Dan Larimer saw it for the ponzi scam that it really is. His analysis should be here at the top of a thread and perhaps parked in the NuBits section..  Hopefully we don't see anyone taken advantage of


... it all depends upon trust in a central authority to perform market intervention to buy back NuBits.....

This is not accurate.

There is no central authority and there is no need to buy back NuBits to support the price when demand is in decline. Instead, shareholders spread throughout the world can vote to provide incentives to hold NuBits by offering interest rates on parked NuBits.

Delayed inflation dependent upon continual growth to prevent losing all value. 

Tell me this...  If the dollar was loosing value and the us government decided they would prop it up by paying interest via inflation would you lock your savings away in a cd hoping that the interest earned would outpace the very inflation it creates?   

Would you trust the fed to buy back dollars with their assets to stop inflation.

I don't throw around the ponzi accusation lightly, but nubits is the first crypto I have seen that fits the description. 

Propping up demand by increasing future supply hoping to sucker in a greater fool with the promise of more unbacked assets.   

Sooner or later you run out of suckers willing to hold out for increased future demand at any interest rate.

36
Meta / Decentralized or Distributed?
« on: September 18, 2014, 09:20:09 pm »
Can we retitle the DAC header of this forum to say "Distributed Autonomous Companies"?  I know that's the terminology I3 has been going with more recently

Maybe a discussion here on what others think of the terms?

To me, "Decentralized" is too absolute of a term, while distributed encapsulates the element of decentralized as well as an aspect of ownership that suits the business metaphor

37
I probably am going about this completely the wrong way, please correct me if I am completely off the mark:

I got a new computer and wanted to move all my btsx info: account name, funds, transaction history -- is this feasible?

If not, how do I import the .json file to at least get the funds?


38
General Discussion / NYTimes Article on Digital Currencies & I6
« on: September 11, 2014, 03:12:00 am »
http://www.nytimes.com/2014/09/11/opinion/the-digital-wallet-revolution.html?_r=0

BM, can you comment on the idea that an app would search your digital wallet for the best currency by purchasing power? 

How would BTS fit in and/or leverage this technology?

41
Okay, ever since I tried to rescan the blockchain, I have had to close and reopen the client several times, however, the client is only getting anywhere from 3% to 18% before losing connection.  It does not seem I'll be able to rescan the entire transaction history.  Wondering how long this usually takes and if others run into the same issue.

What can I do to fix this?

42
General Discussion / Wallet not Connected
« on: August 25, 2014, 01:22:22 am »
FYI: Less than 90% delegate participation / Wallet not Connected

43
General Discussion / Unable to Download & Open BTS X Wallet
« on: August 21, 2014, 11:57:37 pm »
On two seperate computers the wallet will not build due to this error:

"Could not open file becasue no CrashReport1402.dll file exists."

What can I do?

44
Can anyone that answers 'Yes.' explain why?

45
General Discussion / Delegate fee allocation
« on: June 22, 2014, 03:54:16 am »
If BTS X reaches the point where $100 million in transaction fees are accrued yearly and $1 million is distributed to each delegate, then how will the delegate be likely to use his or her dividends?

1- Marketing his or her reputation? 

2 - Technological upgrades for the network?

3 - Funding for start-up DACs & Marketing promotions for ancillary DACs?

4 - Salaries / Bonuses?

5 - Charitable donations?


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