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Messages - Simeon II

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256
General Discussion / What the ? ! ?
« on: July 13, 2014, 04:55:41 am »

3) We are now preparing Dry Run 9 which will have Market Issued Assets (BitUSD!) available from the command line interface.

as per https://bitsharestalk.org/index.php?topic=3812.msg75289#msg75289


Is that for real?

257
Quote
If the price was .02% of the value a day ago I'd be so happy.  I wouldn't have even posted.  Instead i would have headed straight for my BTC wallet to buy up as much as I possibly could...  I'd pretty much be set for life.

 ;D Let's your dreams come true!

P.S. If they do not hurt mine!

P.S.S I would have posted first, cause I am a good guy.

P.S.S.S Or maybe I would have not....

im not a bad guy..... i am not hurting u when i upset!

omg , Where did I mention you in the above post?  ???

258
If the price was .02% of the value a day ago I'd be so happy.  I wouldn't have even posted.  Instead i would have headed straight for my BTC wallet to buy up as much as I possibly could...  I'd pretty much be set for life.

 ;D Let's your dreams come true!

P.S. If they do not hurt mine!

P.S.S I would have posted first, cause I am a good guy.

P.S.S.S Or maybe I would have not....

259
You are not "confused and seeking insightful thoughts", you are complaining.

Do you want reassurance that you will get ROI (on something which is a donation and not an investment)? Will it really do any good if we offer it? IDK, "this is the price right at launch and it could grow" or "that is just the first of many DACs". Maybe you're just trying to vent and that's OK.

edit:

two days ago my bitshares worth 5k, today it only worth 10 bucks.

lol... your BTSX will be scaled up, relax. Multiply what you think you had by 500.

That's bullshit toast !
Can I multiply my # of shares by 500, after bter already did it once this morning?

The answer is READ before you post!

[edit] ok you posted about that in the meanwhile...

260
my point is that my investment over half a year didn't get any payback.

and my another point is that i have lost more than 5k on investing on bitshares so far.

my last point is that should i still have faith in protoshares?

All questions above are one that you will be better off, asking and answering yourself.

Posting them here every couple of weeks, will do you no good... as you well know from past experience.

Hope this helps.

261

1st You most likely cannot cash your 0.1% (be it negative 50% or 3000% return) right now.

2nd 0.1% profit for 6 mo., in no way describes your yearly profit .How you came with 0.3 is really interesting to me.

3rd  Can you put a bit of effort and explain where are you headed with this thread and/or what are you trying to say. PLEASE!

262

I know you do not have one but still,

 what is your point?

263
General Discussion / Re: DACs vs. Firms (Are DACs useless?)
« on: July 11, 2014, 09:10:01 pm »
Everything unrelated to value-storage will be outsourced to firms. This leaves only a few niches (Bitcoin, Truthcoin, possibly .p2p domain 'real estate' storage).

My mountain climbing friend asked me to keep an eye if you ever gonna come with explanation why and how truthcoin will be so valuable. Seems like a good time to ask.
Care to elaborate?

‘Why/how is truthcoin one of the only few niches worth developing for?

264
General Discussion / Re: Initial price for a XTS
« on: July 11, 2014, 05:50:31 pm »
I suspect that those trading BTSX will be fine and I trust the exchanges to do the most honorable thing they can.

I only say it is risky because of the large number of unknowns/changing conditions and due to my position I have a responsibility to point out that there are extra risks.   All risks are manageable and experts can trade/gamble/speculate but it isn't for the average user just yet.

Seeing the last 2 posts (msg74921 and msg74949)  here https://bitsharestalk.org/index.php?topic=5508.0,
 I see your point.


265
General Discussion / Re: Initial price for a XTS
« on: July 11, 2014, 01:10:10 pm »
I see 2 prominent actors in this thread playing more stupid then we know they actually are. What are their respective benefits of their misfortunate posts ? I do not know, do you?

First ABL is behaving like the  exchanges are those big bad wolfs and will never adjust the share supply accordingly ( which bter btw already did just to probably show him how easy it is for them to do, as well as to show they have no ill intentions to trick you in paying 500 times more than what you think you are paying).

The second is BM, who finds trading shares before their release very dangerous. My question for him is – how is that more risky than donating to AGS, or buying PTS? If anything it is orders of magnitude less so.


There are going to be 4 billion bitshares available on the market all at once, and you're paying .008btc EACH?  That's what, $4.80 a piece, and would give a market cap of  $19,200,000,000 i.e. bigger than the entire cryptocurrency ecosystem including bitcoin.

Are you aware of how much you're likely overpaying?


To be fair...  any one trading prior to the launch of a specific DAC is taking a huge risk and should be doing so with a heavy dose of Fear, Uncertainty and Doubt and pricing their bids and asks accordingly.

266
  :-\

267
General Discussion / Re: Initial price for a XTS
« on: July 09, 2014, 11:41:20 pm »
I don't know about Simeon, but my buy back price would be at $16.3M and $12.5M market cap (given I still believe in the long term growth of the platform).

I will start buying at $15Mil and get seriously involved at $9-$10MIil

268
General Discussion / Re: Trade DACs on the NHZ blockchain
« on: July 09, 2014, 09:14:34 pm »
They keep important announcement/changes like this secret.
 So, I will bet it is true.

269
General Discussion / Re: BTSX trade is open on btc38
« on: July 09, 2014, 08:03:12 pm »
3rd possibility: People believe if it is possible to store value with the price stability of gold or ubiquitous acceptance of USD but with all the advantages in transferability, privacy, and security of a crytocurrency... it will be worth billions.  But they are not convinced yet so it's worth 20-25million on speculation alone... or most of the people who have been convinced are already "all in"

It is pretty much what I am saying BUT
How can one trade something on not-working market? In other words - why the hell they want to launch stupid product instead of groundbreaking? :o  :o  :o

270
General Discussion / Re: BTSX trade is open on btc38
« on: July 09, 2014, 07:41:31 pm »
Do not complain guys, brace for the future!
The BTSX is holding up very very well, right now, for ‘market without market functionality’:

Quote
Re: Dry Run 7: The Power of DPOS
« Reply #554 on: Today from toast
https://bitsharestalk.org/index.php?topic=5381.540


* 10 transactions per second
* 10 second blocks
* Bids/asks/shorts (but no order matching, ha ha) [/b]

There are of course 2 theories why this is the case:
1. The market truly believes the team:



will deliver the said market functionality. EDIT: Before BTS X is launched that is.

2. At the moment all willing buyer have a choice to buy if they so choose, but only small % of available BTSX (from those PTS left on the exchanges) are on the market!







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