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Messages - mf-tzo

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1591
General Discussion / Re: Bitshares slogans
« on: May 19, 2014, 06:02:46 pm »
I think the slogan for Bitshare should emphasize the counterparty exposure to alternatives (bitstamp, banks, government etc...)

To this effect:

Who do you Trust? Bitshares!
Who would you trust? Bitshares!
Where would you keep your money? Bitshares!
Government exposure vs. Decentralization
Bank trust vs. Algorithms

 


1592
General Discussion / Re: realtyshares
« on: May 19, 2014, 01:11:37 pm »
very clever !!! +5%

1593
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: May 17, 2014, 09:47:04 pm »
Quote
I agree 100% with the goal of a fair distribution. But mining can not help to realize this! The only thing that helps is that many people know it! In reference to your statement about the early mining of Bitcoin: Super little people know about it --> Super uneven distribution of Bitcoin today. That has nothing to do with technology. Many people know about it like today -> Increase in demand for Bitcoin -> arms race -> economies of scale (like you said) and super high barriers for entry which is horrible for gives big money an advantage.

 +5% +5% +5% to the above

Quote
PTS has long been planned for an upgrade to 2.0.  The time for that is early summer.  Meanwhile all the DACs in the pipeline make PTS the screaming deal of the century.

Why PTS which is produced by mining is the screaming deal of the century and not AGS which is helping for the development of these DACs is not the screaming deal of the century? If that is the case, a more clear direction would be nice  because I am starting to feel like an idiot having donated all my pre 28th snapshot expensive PTS for AGS recently.

I must be the guy with the worst decisions here.
Kept PTS instead of AGS pre snapshot ==> Less BTS X
Donated PTS after snapshot ==> PTS the screaming deal of the century..


 

1594
Quote
I like your thought processes, but you overlook one small thing:  The last-minute traders you would be giving your shares to are the people who bought PTS at the high right before the snapshot!

However it is true that people willing to sacrificially donate to your cause are the second most sought-after demographic  you can find.

(The first being those who are willing to die for your cause.)   :)

This comment seems like you favor PTS to AGS which seems strange to me.
Why the last minute traders who buy PTS and most probably sell them after the snapshot are considered the ones willing to die for your cause and not the ones who donate to AGS and giving all their liquidity in the hope that after a much longer period the DACs will succeed and might be able to recover their expenses?


1595
General Discussion / When fundamentals don't matter
« on: May 15, 2014, 02:33:08 pm »
Irrelevant but I thought to post it anyway since I believe that is the situation right now in stock markets... I believe that soon all these stock bubbles will appear, the stock market will fall worldwide and maybe some big  investors start to look at bitcoin and cryptos again... Bitshares should be ready and fully marketed when that day comes...

http://www.marketwatch.com/story/do-valuations-matter-to-this-market-2014-05-14?link=MW_TD


1596
Keyhotee / Re: keyhotee like system here?
« on: May 14, 2014, 02:54:21 pm »
Quote
keyhotee is about identity management and coupling delegates in different chains .. its not about mailing only!

Correct! Thank you!

1597
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: May 14, 2014, 02:53:14 pm »
Quote
I can buying AGS via PTS! Plus I can sell some if/when price goes up pre-DNS and pre-ME snapshot!


There must be a value for PTS associated with DPOS when this is implemented and I would like some more elaboration on that value since I am not a tech guy and I don't understand these things  ::)...

Otherwise I would prefer help the development and have some restrictions in my short term liquidity (AGS) than to try to beat the market for trading PTS. Although I can understand the frustration and some people don't support much AGS as they should...

1598
Keyhotee / Re: keyhotee like system here?
« on: May 14, 2014, 02:35:32 pm »
will kehotee have any advantages compared to that or it is pretty much the same?

1599
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: May 14, 2014, 01:41:51 pm »
I don't understand why someone would load lots of PTS instead of donate to loads of AGS...

Since you believe in the future DACS why pay something for $3.5 dollars instead of AGS worth less than $1? The only advantage of PTS is the liquidity and trading by speculating on the price, but if DACs are released and worth something is it not better to have as much as shares as possible?

What am I missing here?

1600
Other Languages / Re: Greek (Ελληνικά)
« on: May 13, 2014, 10:09:38 am »
Πρoσωπικά στο μυαλό μου 1 PTS = 1 AGS. Δεν βλέπω το λόγο γιατί να διαφέρει η τιμή τους παρά μόνο ότι το PTS έχει liquidity και μπορεί κάποιος να το κάνει active trading. Αλλά εφόσον κανένας δεν έχει ανακοινώσει επίσημα πως θα διανεμηθούν τα μελλόντικα μερίσματα θεωρόντας ότι αυτά τα δύο θα δώσουν ισάξια μερίσματα θα πρέπει να έχουν και την ίδια τιμή πάνω κάτω. Άρα ή η τιμή του AGS είναι πολύ φτηνή ή η τιμή του PTS ακριβή.

Με βάση λοιπόν το παραπάνω σκεπτικό εγώ έδωσα τη προηγούμενη βδομάδα όλα μου τα PTS (που τα είχα αγοράσει 5 φορές πιο ακριβά απο τη τωρινή τους τιμή) και όσα btc μου είχαν μείνει για AGS. Τώρα πια είμαι ταπί και ψύχραιμος και απλά περημένω  ;). Με αυτό το τρόπο βοηθάμε και την I3 να αποχτήσει funding και να αναπτύξει παραπάνω τα σχεδια της που θα είναι για το συμφέρον όλον μας. Επίσης δεν καταλαβαίνω γιατί χρείαζομαστε καν τα PTS πια παρά μόνο εφόσον τελειώσει το funding period των AGS ώστε να μπορούν να συμμετέχουν και άλλοι καινούριοι επενδυτές.

όσον αφορά τη σωστή στρατηγική για AGS αυτό που έχει σημασία είναι να δίνονται δωρεές στις μέρες που δεν υπάρχει πολύ κίνηση. Θα συμβούλευα στον οποιοδήποτε να στείλει όσα σκοπεύει το συντομότερο αλλά αε τακτά διαστήματα όχι μονομιάς, διότι με το που θα βγεί το bitshares X που μάλλον δε θα καθυστερήσει πάρα πολύ ακόμα, τα AGS θα πάψουν να είναι τόσο φτηνά... Επίσης για κάποιον που είναι πιο ενεργός trader θεωρώ ότι και τα PTS είναι σε πολύ καλή τιμή τώρα και μάλλον και αυτό δε θα διαρκέσει για πολύ.

Από όλα τα communities και όλα τα altcoins εκεί έξω η Ι3 είναι πολύ καλοί γνώστες οικονομικής θεωρίας. Δημιουργούν επιχειρήσεις με σκοπό την κερδοφορία των μετόχων τους. Οι περισσότεροι εκέι έξω βασίζονται σε μασημένα μοντέλα που αναπόφευκτα αργά η γρήγορα θα αποτύχουν. Χρησιμοποιούν κάποιοι πολύ καλό marketing και ανεβάζουν σε εξωφρενικές τιμές νομίσματα χωρίς νόημα. Σύντομα πιστεύω αυτά θα αλλάξουν. όσο και να έχουν καθυστερήσει να παραδώσουν τα projects τους πιστεύω ότι στο τέλος θα αξίζει.

Γι'αυτό συμβουλεύω όλους τους φίλους μας στην Ελλάδα να αναμειχθούν όσο πιο γρήγορα γίνεται, να καβαλήσουν μαζί μας το τρένο και να μη το κοιτάνε από μακρυα να περνάει. Εχω ανοίξει και στο bitcoin talk συγκεκριμένο θέμα συζητησης για τα bitshares. Πιστεύω όμως ότι εκεί το community ή είναι μικρής ηλικίας και δεν καταλαβαίνουν ή απλά έχουν τυφλωθεί από το bitcoin.

Εσύ τι πιστεύεις?



1601
General Discussion / Forging power to open source DAC
« on: May 11, 2014, 06:53:14 pm »
Quote
Anybody that buys 90% of NXT (causing price to go up 100 fold) would not bother with trying to scam the other 10%. Why bother with that?

There is the theoretical possibility, but in practice only govt or large corp has the money to do this.
The cost could be virtually zero, if you could persuade enough other people to lease you their stakes. Leasing changes the economics.
It is highly doubtful the community will do this. As soon as one leasing pool gets to 10% or more, I would expect them to voluntarily turn away people or the community will actively switch to other pools.
There will be people on the lookout for this and sending out big bold red letter alerts if we get any pool too big

I mean theoretically, everybody could decide to just send all their NXT to the genesis block. That would also destroy NXT. What is possible theoretically is oftentimes not a very realistic scenarios

I remember there was that fancy looking "academic" paper with equations and everything that basically concluded that people will just sell their NXT for nothing because, not sure the reason, but that was the assumption. If everybody sold their NXT for lower and lower prices, then it wouldnt cost anything to buy the vast majority of it and destroy it. Totally contradicting the reality of any massive purchase. just a 1% purchase in the open market would double the price. a 10% purchase would probably boost it fivefold.

Financial attacks are not anything to worry about. We just need to make sure no pool goes above 10%, maybe 5% is a better limit so they match the largest founders.


ideally we will be able to lease forging power to open source DAC's someday.

The above is a quote from NXT forum. No idea what they are talking about but I saw the word "DAC" and thought to post it here just in case some smart people around here have any DAC ideas...

1602
Quote
It seems that people think we try to do everything ourselves and that we are not welcoming to others or try to help them.

1)  We try to help these projects any way we can and gladly give them some of our time to hear their ideas and try to work with them.
2)  We recognize that we cannot do everything and we always encourage teams to continue and that we will support their efforts and help refine them.

In the case of Bithaus we worked with them. 

In the case of Truthcoin we had a skype call with them, discussed design ideas with them, but could not afford to fund them.  They lacked the developers to do it themselves so we said we would work with them after we got our core products out.     

We all ready have too many things going on so the most we can do is encourage independent teams and help vet ideas. 

 +5% to the statement but why we can not afford to fund them? How much funding do they (Truthcoin) need?
Why  not use some AGS funding (not much) in exchange for more shares in Truthcoin to AGS shareholders? Wouldn't this be like AGS shareholders absorb the Truthcoin? Isn't that a good thing? 

Either way you guys are the experts, I have absolutely no knowledge about the costs for these developments and I trust your judgments.

1603
General Discussion / Re: A Call to the Truthcoin Prediction Market
« on: May 10, 2014, 12:35:18 pm »
As long as there are discussions I am ok! And if there are disagreements it is probably for the best. I just don't want that we ignore such projects...

1604
General Discussion / Re: A Call to the Truthcoin Prediction Market
« on: May 10, 2014, 09:15:26 am »
Can't I3 use part of the AGS funding to help the development of the Truthcoin and in return Truthcoin gives stakes to AGS shareholders once launched? Why there is no proposal from anyone? It might not worth it to use AGS funding but unless a proposal is on the table we will not be able to judge it.

Isn't that an efficient way to use AGS funding?

Why there are no discussions about possible agreements? I am pretty sure that if we do not support Truthcoin soon someone else will do (like bithaus)

1605
BitShares PTS / Re: Just bought a load of PTS
« on: May 07, 2014, 02:48:41 pm »
Quote
You doing it right (IMHO) because AGS are cheap like hell too.

That is the only reassuring thing and I hope it stays that way for a longer period as I am not ready yet for the skyrocketing of all the DACs  ;)!!

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