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Messages - nomoreheroes7

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General Discussion / Re: Simple Binary Prediction Market Discussion
« on: February 11, 2015, 06:46:49 pm »
Prediction markets are extremely important and we will regret not being the first

We will regret it, or would regret it? Any chance BTS can still move into prediction markets timely?

General Discussion / Re: Will Darkcoin pass Bitshares today or tomorrow?
« on: February 11, 2015, 06:41:54 pm »
Maybe we cut our block times so we can get a nice pump going as well.

The reduced block times are just the banner of the pump. A pump group can use any fancy new feature this way, it doesn't have to be reduced block times (in fact I'd say that's a pretty weak feature to pump on really). Ultimately this is entirely market manipulation and an attempt to catch fools that buy into the euphoria. At the same time it's also quite good marketing for the coin (assuming the dump isn't too violent), suddenly darkcoin is a hot topic and people who had otherwise forgotten about it might revisit it again.

This. This is about as obvious as market manipulation gets.

Hell doesn't BTS already have 5 second average confirmation times? How is 3.5 seconds that much better? lol

Lol his post is kind of right, but that is a brilliantly bad marketing move on their part.

Did someone just whisper "partner with BTS instead..."??

 :D :D :D

General Discussion / Will Ethereum swallow us whole come March?
« on: February 10, 2015, 06:05:47 pm »
Or do you think 1.0 will be ready and we'll finally get the liftoff we need? I haven't been keeping tabs on Ethereum's progress, but last I heard there was only gonna be a CLI client ready for launch in March? Anyone know how realistic their timeline is, compared to the BTS timeline? Can BTS beat them to the mark?

I'm also curious about the market cap of ethereum - I know they sold a ton in the presale, but will the presale price be sustainable? Would it be worthwhile to consider buying ethereum as soon as it comes out at whatever price, maybe as a 50% allocation of your portfolio?

Is the ethereum tech really all that it's being made out to be? Does it even matter, seeing as how they already seem to have network effect just due to the massive hype?

I realize this is more speculation than anything, but still...I'm curious on others' thoughts.

March is gonna be an interesting month...

General Discussion / Re: Cass deserves a second delegate.
« on: February 09, 2015, 07:59:24 pm »
You don't necessarily have to spend money to make money. Bitcoin didn't. Yes it's definitely better if we can, but I'm just trying to make the point that it isn't 100% necessary. I've been working full time for free for months now and I'm aware of several others in similar positions. I really dislike these kind of "we need something, anything" type posts like we haven't got a light wallet on the way, or multiple bridges, or a zero click shopping cart, or a massive decentralized marketing effort or multiple media projects or about 20 different teams working on other awesome stuff. If you want to increase the cap, bring attention to these things and highlight them! If you keep pretending nothing is going on then you will decrease the cap.


You make good points also. Maybe the bear market's just getting to me. I just hate the thought of something this awesome dropping into oblivion due to mistakes that can possibly be avoided. And I hate seeing long-standing forum members such as sumantso giving up hope.

I still believe BTS has a bright future, and will hold my stake until the bitter end.

As a dev delegate I am expected to take a haircut in terms of pay but I also expect to work part-time because it won't pay the bills... I have a full-time job and work on this stuff on the side so this is the kind of person that would fit the description for a developer delegate right now... when things change maybe you can have full-time devs once price rises but I expect this to be an early adoption phase so I'm holding as many as I can get assuming they are worth alot more in the future... to me its not the amount of fiat I am making but the amount of BTS and the amount I am happy with for the project I work on. Just like its not enough right now there will be a time when its TOO much.. so if we stay the line now.. we will reap the benefits later.

Also once a dev has enough experience he/she becomes a perfectionist.. and usually wants to do good work, automatically putting more hours in to make sure they release good tools, especially ones that may change the world... usually will make up for the fact that the pay is less (atleast for me). Usually devs are good at holding because they know they can raise value by developing.

So in summary, the devs that are delegates now are not depending on the pay to put food on the table.. but ones that fit the bill are the ones who are holding now to be "whales" in the future. If I was to interview a dev for a delegate job I would make sure they fit this personality trait, it will bring the most benefit in the least amount of time(time is of essence)


This is the kind of developer BTS needs more of. How the hell do you not yet have a delegate??

I too support a second delegate for cass, btw.

中文 (Chinese) / Re: [资产派发IPO] 新年红包!快快来抢!
« on: February 09, 2015, 07:13:16 pm »
ID: nomoreheroes7

General Discussion / Re: Cass deserves a second delegate.
« on: February 09, 2015, 07:06:32 pm »
At current market cap, he's not making much

This was expected, and for me a big part of the reason why BTS is going to fail. Developers and others need to be paid, some of them have only this as their job, and with ever decreasing we would need more dilution causing more lowering in price; while other groups can happily fork the efforts and with good marketing can become successful. I only hope they sharedrop on us too.

BTS is NOT going to fail! You are leaving out of the equation the value being added by the delegates which is soon going to become more and more apparent. You are therefore, for whatever your personal reason (fear of success?), just spreading FUD.
And this is not first time of sumantso spreading FUD
Yes for cass second delegate  :)

FUD or not, he makes good points. We won't get anywhere by just telling each other that all is well and good and ignoring the fact that we're kind of dangling over a cliff at the moment. You need to spend money to make money, and with every drop in market cap this gets more difficult. Just as DAC self-funding can be explosively helpful in a rising market, the opposite also holds true: a falling market cap is a death spiral.

Something, anything to boost the market cap is needed ASAP, or we will begin losing developers who aren't willing to put their livelihoods on the line to chase a dream.

Technical Support / Re: Restoring wallet backup throws assert exception
« on: February 08, 2015, 07:09:58 pm »
I'm not too good with the coding language type stuff, but from the looks of it there are quite a few lines that don't end with a ",". For example, the last 7 lines look like this:

    "encrypted_private_key": "",
    "valid_from_signature": false,
    "memo": null,
    "gen_seq_number": 0

In which case the last 4 lines do not have commas. Does that look right? I appreciate the help.

Technical Support / Restoring wallet backup throws assert exception
« on: February 08, 2015, 05:17:20 pm »
I'm trying to restore a backup copy of my wallet made on 0.6.0 on one computer to another computer with a fresh install of 0.6.0, and I get the following exception:

Any tips?

General Discussion / Re: Management/Implementation Delegate Proposal
« on: February 08, 2015, 01:12:00 am »
I agree with teenagecheese's overall sentiment here, and not sure why people seem to be jumping down his throat. He's absolutely right the the current system flat out doesn't seem to be working, and appears to have some terrible inefficiencies at doing what it's supposed to do best -- incentivising shit to get done.

While another delegate may not be the right answer, the discussion to arrive at an answer is what's important. Because right now, shit stinks.

General Discussion / Re: Reddit AMA - OKCoin Star Xu
« on: February 05, 2015, 06:00:46 pm »
Someone brought up a question about adding additional coins.

"[–]zanetackett 4 points 48 minutes ago

While we are constantly monitoring the situation of other cryptocurrencies, we are more focused on the growth and development of bitcoin. We are all strong believers in Bitcoin and cryptocurrency and general and want to work towards ensuring a bright future for them. However, at this this time we are focused on improving the usability of Bitcoin through OKLink as well as the ability to trade bitcoin on OKCoin.

If an altcoin comes along that we believe has a bright future and adds more to the table, we will definitely look into it.

I think many altcoins are experimenting with the capabilities of the blockchain and what cryptocurrencies can do and look forward to seeing how many of them plan out, for example: storj, ripple, ethereum.

Sounds like the standard "nice" way to say they only care about bitcoin.

General Discussion / Re: Economics of subsidized mining pool
« on: February 05, 2015, 05:39:34 pm »
This is a really clever use of marketing funds because it'll kickstart the popularity of the pool and people will likely stay with bitUSD once they've tried it.


I like it. Good stuff.

DAC PLAY / Re: Newbie question
« on: February 05, 2015, 04:31:07 pm »
You had to have BTS before some time in december to get PLAY out of it.
I held BTS throughout, but when I go to AngelShares Explorer here,, and type my account name into balances, it is showing just zeros for Play. Why would this be? Is there another way to check the allocation?

Good question, same problem here.

Muse/SoundDAC / Re: Micro update
« on: February 05, 2015, 04:25:23 pm »
Too bad. One of these days I would love to see a child DAC on the BitShares blockchain that uses BitUSD (rather than attempting to create their own BitAssets, thus splitting liquidity) and still retains the flexibility to hard fork as their shareholders want without disrupting the parent DAC's operations.

I still (not so) secretly hope that Music and Play will both eventually decide to "move in to their own condo in their parent's apartment complex" (i.e. have their own blockchain as a child DAC of BitShares where the core stake is listed on the BitShares blockchain) after trying to make it out on their own for a while.


Guess I really don't see the benefit of splitting resources/liquidity when clearly everything would work more synergistically together...any particular reasons why Music wants to "go it alone"?

BTS: nomoreheroes7

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