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General Discussion / Re: Poll: Dilution or No Dilution
« on: November 01, 2014, 07:20:00 pm »This decision has been made, no need to start talking about it again.*agreed*
Yup, beating a dead horse...
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This decision has been made, no need to start talking about it again.*agreed*
We foresee BitShares DNS DAC accepting some BitAssets from the main BitShares DAC, such as BitUSD as payment for offered services, adding liquidity to the main BitShares DAC.
This is apparently not possible, and was one of the biggest reasons for the merger.I prefer the word ridiculous, butthis is getting silly now.
1. If the DNS DAC is withdrawing from the merger, they should not be share dropped in the BTS merger.
2. Stop changing things on a whim.
3. This is another thing I HATE about the merger.. it is an incredibly bad practice to release a cryptocurrency, snapshot it, then move to a new chain and deem the old tokens as being extinct. There are many dynamics of why this is bad and I don't care to spend hours explaining it as I feel like it should be common sense.
4. As mentioned previously, there is nothing stopping other DACs from implementing your features. This is another reason for the merger. Other DACs were going to copy BTSX's bitasset feature, there is nothing stopping BTS from doing the same.
5. I thought Toast was doing the DNS DAC, what is Bitcoiners/Toast's relation to the project? This just adds another layer of confusion..
6. Bitshares is starting to look more like a circus than a company. I am not here for entertainment. I am not surprised people are selling BTSX, I am very close to doing so myself. Please don't push me over that line that I am hovering around.
Well the idea has merits, but it may not be the right time to do it.
Call it KeyID or call it DNS as a third party DAC but please don't associated with the original Bitshares DNS. Right now Is is already confusing as is it and will hurt your DAC and it will hurt Bitshare too.
Actually third parties DAC forked from Bithsare toolkit is what we want because this was the original vision of I3, so KeyID and PTS DPOS are welcomed, but probably this is the worst moment because it will only add more to the panic and confusion.
Please keep working on this and when the time comes we all be all ready to welcome you KeyID. So keep on doing the good job bitcoinerS, you got toast support this is great.
I wouldnt blindly blame the chinese ..
fuck it.
BitShares - the worlds first decentralized autonomous cooperative governed entirely by the stakeholders to facilitate an efficient and profitable businesses.
BitShares X has too many syllables and does not roll off the tong. It is confusing to everyone I tell about it.
BitShares is simple, unified, and captures what it is without extra overhead or the need to explain more. It is easy to say, spell, and use. It parallels Bitcoin nicely.
X sounds eXtreme or "over hyped" or "advanced" or some other feeling that people don't get or like.
This thread has been very enlightening and points out how different messages reach different audiences.
I never intended this thread to completely change everything...
BTS will be marketed according to how the marketers feel it will be best and I am deferring to their judgement.
Good discussion everyone.
I think we have established the expectation and tradition of honoring those who provided the foundation. People will do what is in their own best interest and that remains.
Every new DAC needs to have an initial allocation and the fairness of that allocation will greatly impact its performance.
So I am highly in favor of recommending people recognize any or all DACs based upon the toolkit, AGS, or PTS. Ultimately the success or failure of that DAC will depend upon gaining users and with SEC crack downs you are not going to see many more IPO style fund raisers because they are risky.
So in my opinion it makes sense for all future dacs to snapshot an existing DAC with 100% and then pay supporters via delegate pay to grow it.
I think we are all upset by the price drop of BTS, and as a result we are getting angry with each other.
Lets all not take too personally things that we said to each other today, given that we are actually just venting frustrations about the share price.
Well I just find that they naturally have reaction. I don't know if it is a self fulfilling prophecy. What I do know is that they provide me with low risk high reward entries.Can you please let us know where do you think the price is going to go next and why?
Thanks