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Messages - Pocket Sand

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91
BitShares PTS / Re: DAC Angels - ProtoShares Stakeholders Group
« on: November 28, 2013, 04:13:37 pm »
You could ask for wallet addresses and check on the block chain if you wanted to?



92
General Discussion / Re: PTS price has surpassed LTC price on BTC38
« on: November 28, 2013, 06:46:54 am »
Not anymore! LTC prices have shot up like crazy in the last 2 days, most altcoins have actually been on the upswing with the btc rise

93
General Discussion / Re: How many protoshares are there currently?
« on: November 27, 2013, 08:36:51 am »
Wow almost 1/2 so far, you guys think we'll hit 1.5million before bitshares are released?



94
BitShares PTS / Re: The Market Value of ProtoShares: Price of PTS ?
« on: November 27, 2013, 06:30:56 am »
Yea PTS should be getting increased interest soon especially with byteshare's current effort to unite the largest PTS holders.



95
BitShares PTS / Re: GPU Miners are here... if rumors are to be believed!
« on: November 24, 2013, 02:26:38 am »

So how about some actually useful information regrading the GPU miner then?
This ^



96
General Discussion / Re: ProtoShare is added to market of Bter.com at
« on: November 23, 2013, 06:02:37 pm »
It's great news for protoshares

97
Congratz Sy, pick a good name  :)

98
Random Discussion / Re: Thank you, ProtoShares [pic inside]
« on: November 23, 2013, 05:31:19 pm »
Nice, what kind of specs?

99
General Discussion / Re: Bit-U PTS / BTC Exchange
« on: November 23, 2013, 05:23:19 pm »
I think they said in the messages something went wrong in the server hosting? Still sketchy situation there though

100
BitShares PTS / Re: GPU Miners are here... if rumors are to be believed!
« on: November 23, 2013, 05:18:14 pm »
Decentralization... not everyone can have a GPU farm.. but everyone at least have a cpu.
Some people have 10000+ CPU and they are FREE (botnet), but if you have GPU farm, you pay money for it. And there NO GPU farms with 10000+ cards. GPU mining is more  decentralized and    fair.
There are still many botnets that mine bitcoin through GPU mining? Look it up... They are hard to stop

101
I think Lucky Mining adds a cheap thrill for certain people that helps decentralize mining while vesting requires miners or the people that hire the miners to think long-term and thus reduce the short-term volatility of hash power.


I agree, are people seeking a cheap thrill the type you are trying to reach with an equitable distribution.  Are all bodies and participants equally valuable?  I don't think they are, and just as you're not trying to appeal to your own type personality with this lotto mentality, I don't think it will appeal to the types of people whom you actually want.  You want people who are smart and can evangelize the product without falling back on the "It'll make you rich" argument. 

I liked the long term vesting idea a lot more, and I like the idea of long term predictable payouts being one end of the spectrum and low odds high payout being the other end, but allowing the balance to be selected by the individual.   If you believe in the project and want to work towards a long term development goal with it, you would very much prefer the slow but reliable payout because it means you are guaranteed to have a stake in what you are working towards as opposed to the lotto "Maybe I get a lot, maybe I get nothing" approach.  With that approach you are only invested if you are lucky.  You don't want people maybe being supporters, you want evangelists who know they are invested.
+1
+1000

102
Marketplace / Re: Buy Keyhotee ID with ProtoShares 10 PTS+
« on: November 23, 2013, 11:54:39 am »
I watched the keyhotee video http://www.youtube.com/watch?v=3pZaTdEtK-8 and was wondering, what if a trojan is able to steal your wallet password and files, would they then have access to your reputation and money in your keyhotee account?

103
General Discussion / Re: Lucky Mining Request for Proposals
« on: November 22, 2013, 10:07:56 pm »
So you plan on adding this to the existing Protoshares Block Chain?

104
Marketplace / Re: [Service] 0.5 PTS per Post
« on: November 22, 2013, 03:06:44 pm »
This guide gave me a good basic understanding for compiling the miner on linux when Protoshares initially came out, thanks for the give-away

105
BitShares PTS / Re: [GUIDE] Mining on Amazon EC2 using Spot instances
« on: November 22, 2013, 03:02:12 pm »
Great Guide, Thanks for the contribution

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