Wow, thanks for the response that is relay very much appreciated. I wish you the best of luck tracking down the thief.

The site administrators are also open about adding more altcoins on request.

Article here http://newsbtc.com/2015/01/19/silk-road-reloaded-add-new-altcoins-payment-options/

Sorry if this has already been discussed i haven't had time to keep up lately.

You probably get the gist from my long title. Im sure this must have been discussed but i haven't had much time the past couple of weeks to follow closely.

Anyway... I have lots of different coins and wallets that will now become BTS, im sure that isn't a problem but i also have PTS that have taken there BTSX but not DNS and i have some PTS that haven't claimed anything. Do i need to do anything or will the system account for what has been taken and what hasn't and calculate the BTS owing when i import those wallets?

I went for 50% truth is we have no idea. The idea is great the technology is groundbreaking and the team is committed. I think the biggest problem with all crypto is the general public don't care about the benefits.

Just look at what the public lost when the became obseased with Facebook. They gave up theit privercy for others to make money and they entered a new world where they have to promote themselves as individuals.

If bitshares succeeds it needs that killer app. I thought and hoped it was virtual assets. I'm sure they will find there place but instead of wondering if we can hit a billion usd we should all be thinking about how to get this viral, how to appeal to your average jo. He doesn't much care about privacy or freedom (talking countries with a convincing democracy). What jo cares about is having fun, keeping up with his mates in conversation, maintaining a lifestyle with employment. Having the material objects that 85% of the people he knows have,  making people laugh etc etc.

There is a killer app for these people but no one has thought of it yet, they will but will it be bitcoin bitshares etherium maidsafe or somthing else? Let's put our brains together and make it bitshares.

I noticed people are selling BTSX now ...
maybe they are unaware of the fact that BTSX is not snapshotted .. it will not be "airdropped" ... it will be UPGARDED

and as such, if you sell you BTSX now (after the snapshot - which makes not sense) .. then you also sell you BTS!

Just my 0. 2BTS

Thanks for clarifying that, I haven't sold any but i was about to ask if they were affected by the snapshot.

Seems fair to me but even if you don't think it is, you have to agree that large chunks of shares are best in the hands of those best able to grow the value of your investment and mine.

Quote from: stuartcharles on November 04, 2014, 09:48:41 am

How do we stop a person or group acquiring or merging a large group of shares in order to vote for short term profit?

This worries me because 10% is a great return on an investment, market manipulators with large enough funds could easily pump and dump the market enough times to acquire 51% stake then vote the full 10% for their delegates. They could even reinvest 2 or 3% back into the system to keep the price/development up.

Paid delegates is a great way to add value to the system but is there any way to ensure that this kind of attack doesn't happen?

Easily get 51%... you lost me there.  If a hostile takeover does occur then it gets forked out and we continue after thanking them for their donation.

Easily is too strong but with patience and the funds. Im not sure it would be that easy to fork, the market would have no confidence. If a pool of shares voted to pay them selves without work could we stop that?

Im not trying to be doom and gloom i want this to go ahead but just want to make sure we have considered all the threats and how to counter them.