1501
General Discussion / Re: Initial price for a XTS
« on: July 03, 2014, 12:48:51 pm »
I hope you are wrong or else I am f...d 
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1502
General Discussion / Re: Initial price for a XTS
« on: July 03, 2014, 12:43:51 pm »Quote
First – The bet is of the table now! Let that be clear.
I was trying to make several points .
It is one thing to make estimations, it is totally deferent if you have to put your money where your mouth is (i.e. buy/sell at those prices). Do not take it personally, it is human nature.
Several factors are in play for the initial price (most not in favor of BTS). So taking the highest price that PTS ever was, when you must be fully aware of the reasons driving the price up at that moment, and to use those prices as a starting point of calculating BTS initial price is pretty optimistic. I personally see the initial price/capitalization at a range of 2X PTS to 1/3 PTS (meaning 2 to 15 Mil capitalization)
How do you say that? Based on the current PTS price? Shouldn't you value the investment at the PTS price back then? Back then Bitshares was valued 30-60 mil and bitcoin was ranging from $600-$1,200. So assuming bitcoin same price now of $600 the market cap should no way be less than 30 mil taking into account all the improvements so far and the time we have locked our profits...If people sell below that and realise their losses then I don't think BTS will have much of the future...
1503
General Discussion / Re: Initial price for a XTS
« on: July 03, 2014, 12:39:06 pm »
so all in all we agree that irrespective of no of coins the total market cap should be $40 - $75 mil upon launching...I hope that we are all on the same page here to believe that it should be at least $100 mil by the end of the year especially if Bitcoin gets pumped
1504
General Discussion / Re: Dry Run 7: The Power of DPOS
« on: July 02, 2014, 07:25:36 pm »
Not sure if I have to post here...
I have installed the GUI 0.8 version. I have created an account "zeus" and put a password.
The account showed some numbers 3 Accounts, 2 delegates etc. when I was clicking on them nothing was showing.
I pressed the button "lock" and after a couple of minutes my wallet was locked. I put the password to unlock it and just waiting and waiting and waiting and never unlocked...
On another note... From the 5 minutes I got the chance to look at it the first thing that came to my mind was that this looks like counterparty..and I don't like counterparty..Nxt platform is much nicer...
I have installed the GUI 0.8 version. I have created an account "zeus" and put a password.
The account showed some numbers 3 Accounts, 2 delegates etc. when I was clicking on them nothing was showing.
I pressed the button "lock" and after a couple of minutes my wallet was locked. I put the password to unlock it and just waiting and waiting and waiting and never unlocked...
On another note... From the 5 minutes I got the chance to look at it the first thing that came to my mind was that this looks like counterparty..and I don't like counterparty..Nxt platform is much nicer...
1505
General Discussion / Re: BitcoinTalk: PoS is broken .. idiotic arguments
« on: July 02, 2014, 06:51:48 pm »
I fully agree with everything you said and I didn't imply something different...
to that as long as it is something that everyone can use (like I said send an email)..
Quote
I believe if we could devise a series of fun but serious games, that allow the players to exert a reasonable amount of effort to try and win, or gain an advantage by having a unique playing strategy, then if they win more shares it was fun to do it and required strategic thinking.
to that as long as it is something that everyone can use (like I said send an email)..1506
General Discussion / Re: Initial price for a XTS
« on: July 02, 2014, 06:44:17 pm »
Up to the 28th of Feb 1 PTS = c1.3 XTS and 1 PTS was ranging between $15 - $20 if I remember correctly...
Therefore 1 XTS at that time should have been c$11 - $16.
The market has valued Bitshares BACK THEN a market cap of $44 mil - $64 mil before even having a finished product.
After all these delays and all these amazing improvements with DPOS. The initial market cap of Bitshares shouldn't be less than at least $80 mil and I think I am pessimistic here...Otherwise our long term investment in Bitshares was not a good one and we should have invested in NXT (that doesn't make sense sorry)
Concluding 1 XTS should not be less than $20 each (calculation based on 4 million PTS / AGS).
Therefore 1 XTS at that time should have been c$11 - $16.
The market has valued Bitshares BACK THEN a market cap of $44 mil - $64 mil before even having a finished product.
After all these delays and all these amazing improvements with DPOS. The initial market cap of Bitshares shouldn't be less than at least $80 mil and I think I am pessimistic here...Otherwise our long term investment in Bitshares was not a good one and we should have invested in NXT (that doesn't make sense sorry)
Concluding 1 XTS should not be less than $20 each (calculation based on 4 million PTS / AGS).
1507
General Discussion / Re: When will the windows wallet be released?
« on: July 02, 2014, 08:36:42 am »Quote
look in your programs folder and start it from there
I have tried that with no results. I will try again to re install later today. If there is some update please or bug fixed please post.
1508
General Discussion / Re: BitcoinTalk: PoS is broken .. idiotic arguments
« on: July 02, 2014, 08:33:56 am »
There is not such thing as fair distribution...
No one should get something very valuable for free as most probably won't appreciate it, sell it and get the free money that someone gave to you...
The most fair distribution would be to create something very very simple that anyone outside crypto who can at least send an email can participate. As long as only existing cryptoinvestors participate and not the rest of the world it will never be fair.
No one should get something very valuable for free as most probably won't appreciate it, sell it and get the free money that someone gave to you...
The most fair distribution would be to create something very very simple that anyone outside crypto who can at least send an email can participate. As long as only existing cryptoinvestors participate and not the rest of the world it will never be fair.
1509
KeyID / Re: .p2p auction parameter discussion
« on: July 01, 2014, 07:23:11 pm »
I think that when biding for a domain ti should be for at least 3 years lease maybe more... There should be some simplicity for the first 5 of years and real benefits to early adopters..
I also think that squatting existing names is not a bad thing. The known names are the ones that will create most value in the auctions and it is fair for everyone to bet on those names with the possibility to sell it to their rightful owner in the future realising profits. If I bid and get for example Mercedez and make a site with Mercedez cars crashing and Mercedez finds out (probably I will let them know) they will want to buy that domain. This will make profits for me (not very ethical), profits for the DAC (not very ethical), big companies will be forced to learn about .p2p and use it (not very ethical but we will achieve our purpose)
Any thoughts on my unethical tactics?
I also think that squatting existing names is not a bad thing. The known names are the ones that will create most value in the auctions and it is fair for everyone to bet on those names with the possibility to sell it to their rightful owner in the future realising profits. If I bid and get for example Mercedez and make a site with Mercedez cars crashing and Mercedez finds out (probably I will let them know) they will want to buy that domain. This will make profits for me (not very ethical), profits for the DAC (not very ethical), big companies will be forced to learn about .p2p and use it (not very ethical but we will achieve our purpose)
Any thoughts on my unethical tactics?
1510
General Discussion / Re: When will the windows wallet be released?
« on: July 01, 2014, 07:12:59 pm »
that didn't want for me....
I got an error message and no program run...
I got an error message and no program run...
1511
General Discussion / Re: When will the windows wallet be released?
« on: July 01, 2014, 05:10:33 pm »
Is this safe to install or it is being tested and someone with no IT skills shouldn't use this? I am confused where we stand...
1512
General Discussion / Re: BitcoinTalk: PoS is broken .. idiotic arguments
« on: June 27, 2014, 03:05:16 pm »
what do you mean?
1513
General Discussion / Re: BitcoinTalk: PoS is broken .. idiotic arguments
« on: June 27, 2014, 02:57:35 pm »
I just nailed it...
1515
Random Discussion / Re: Goodbye… for now
« on: June 27, 2014, 12:43:35 pm »
Good luck mate. All the best. I hope you 'll be back soon and everything will be ok!
