Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - nomoreheroes7

Pages: 1 2 3 4 5 [6] 7 8 9 10 11 12 13 ... 51
General Discussion / Re: STEEM hack discussion
« on: July 16, 2016, 03:54:06 pm »
Their centralized wallet got hacked after all this advertisement of advantages of decentralized blockchain. LMAO!

Yea I'm pretty shocked about that. I wouldn't have thought something like this was even possible.

Of course I never got around to changing my keys over the past couple days. Easy come easy go?  :-\

Also makes me wonder if our openledger wallets are exposed to the same risk...?

And wtf wasn't 2FA authentication set up by now? That would have probably saved a lot of headache.   ???

General Discussion / STEEM hack discussion
« on: July 16, 2016, 03:41:35 pm »
So it looks like the STEEM hack might be worse than thought. The site has been read-only all morning and has been completely down for the last hour. Last I read regarding the hack was from @ash about 8 hours ago saying that the attacker is continuing to milk accounts.

Since Steemit is obviously down right now, I figured I'd bring the discussion over here. Anyone have a clue what the hell's going on?

General Discussion / Re: Is Bitshares still growing?
« on: July 15, 2016, 05:37:36 pm »
Just because Steem shows a high market cap on CMC, that doesn't mean it's actually worth that much.

The price has basically been manipulated that high.  The cap went from 50 to 300 million on $1million worth of volume.  The devs and steem holders may look rich on paper, but that wealth isn't real.

They have one medium sized exchange that allows on and off of steem.  The entry and exit door is so small that it has totally distorted the value of Steem.  If one of the "rich" holders tried to cash out 1% of steem, they would probably crash the price 50-60%.

Well even if the price is pretty darn manipulated, it doesn't change the fact that it's obviously bringing Dan and other BTS devs a shitton of money right now (with both Steem dollars and their weekly vested payouts). If the price stays as high as it is now (or continues increasing) it will only mean more funding for BTS devs. That's got to be a positive from BTS' point of view.

Whether or not Dan and crew ever return to BTS with the money from their shiny new toy, however........  :-\

Yea, that "little fish" problem is my biggest complaint with STEEM at the moment. If you're not already an established "high-earning poster", whales will miss your post among all the noise and good posts just get buried. People with track records of high-earning posts are the ones that are immediately picked up by whales/bots (oftentimes regardless of the post's actual value), so they're the only ones able to really get time in the spotlight. It's a self-promoting cycle that really only benefits those that are already whales.

General Discussion / Re: Bitshares price discussion
« on: July 13, 2016, 10:01:47 pm »
What I don't understand is how come almost 20% of market cap of BTS get traded in 24h and the price don't seem to move that much? Are there that many people that are only waiting for the price to rise to dump their BTS? It really looks similar to the other pumps that were stopped right from the beginning by dumpers

Envoyé de mon iPhone en utilisant Tapatalk

Do you believe the volume is organic trading and not bots or 3rd party exchange nonsense?

Looks like it's all organic, and largely driven by BTC38. They trade millions of BTS at a time like it's nothing lol.

General Discussion / Re: THANK YOU from Steemit Community
« on: July 13, 2016, 05:03:37 am »
lol and the award for most dickish post ever goes to.......

Can someone please ELI5 Dan/STEEM/BTS for me?

I noticed STEEM going parabolic on CMC today, thought I'd check out the latest epic pump'n'dump and found Dan at the bottom of the rabbit hole. Not something I expected.

Then I hit Bitsharestalk and find a whole lot of pissed off folks with a pretty consistent sentiment that Dan has absconded with knowledge/experience/ideas funded by the PTS/AGS investors (of which I am one) and is using them to enrich a small, centralized cadre of "Steemit"(?) developers/investors via a heavily pre-mined coin apparently designed to game CMC. Also not something I expected.

Finally, it appears that although Steemit would not exist without Bitshares technology/codebase and substantial contributions from Bitshares lead developer (Bytemaster), there is currently no clear roadmap for a share drop on the PTS/AGS/BTSX/BTS folks. Definitely not expected!

I'm currently trying to maintain an open mind, as I continue to believe in Dan's vision and talent, but from where I'm standing this situation is pretty much ass end opposite of everything Bitshares stands for.

Help an old guy out, thank you!

Lol oh man oldman, you've honestly got pretty much the jist of it right there. Whether or not Dan returns and/or STEEM ever or in any way ends up benefitting BTS remains to be seen.

Then he would have less coins to dump on the market right now. They fooled all of us. Typical happenings in the crypto world since 2009. Promise big things for donations, pivot and ask for more donations, leave and start all over with a new scheme.

Who knows, maybe bytemaster will return with his billions earned from Steem, and then pump  the Bitshares  :D
Dont you see this happending already? Why else would BTS rise?

Well I doubt it's directly from BM himself...though that would be welcome lol. Hoping that other BTS community members that are now (rich) members of STEEM remember BTS and just how awesome it really is...  ;D

General Discussion / Re: Famous quotes about STEEM
« on: July 11, 2016, 08:50:20 pm »
Ohhhh, this sounds fun!!

We have secured ~80% of the initial STEEM via mining.

Sorry, couldn't resist...  :P

General Discussion / Re: Steemit's Plan
« on: July 11, 2016, 08:21:12 pm »
Subsidizing Liquidity - rejected because of dilution and some thought it should be done off-chain
To be honest, the original proposal made by Dan is not as good as he and some others expected. Same design got implemented on Steem already, as an experience, has been running for a week. The result, distribution of reward is highly manipulated as TonyK predicted, although spread is good at most time.

BitShares need stability. It's good that unproven features got tested on somewhere else first.

well... 20K USD per day  is a very nice return bot (even if you had to pay for the money you play trade with; even better in your case where you did not have to put them)

All that assuming you can cash out (at least several days of returns) before the new "most idiotic creation in crypto*" crash before our own "non-believing eyes"

*Steem beats NuBits by a wild margin of stupidity, imho... no matter what the indeed truly respected by me (and indeed expellant writer) donkeypong believes (or forces himself to believe)

I say we go back to Tony's original idea for BTS as "True Shares".   :D

General Discussion / Re: Bitshares price discussion
« on: July 10, 2016, 03:09:27 pm »
Why the big price spike in BTS this morning? And why on earth did PTS spike over 200% yesterday? (scratching head) :o

I'm thinking PTS was just a quick pump on polo due to the low volume for so long; will most likely dump soon. BTS hasn't gone up all that much, but it looks to be driven by BTC38. Maybe we need to ask the Chinese community what's going on lol.

General Discussion / Re: Steemit's Plan
« on: July 08, 2016, 01:46:08 pm »
Problem I see is that in Dan's "steem world domination" post, he neglected to mention anything about bitshares.  Even after commentators said steem is "bts done right", he didn't refute that.  It seems like he is getting closer to creating a direct competitor to BTS, and this is after he said BTS and Steem are so far apart that they couldn't be competitors and that's why he could focus on Steem.

He could smooth many things over if he talked openly on how BTS and Steem would work together, instead of focusing solely on Steem.  People feel like they paid him (which they did via PTS/AGS/BTS.9/Brownies/DNS/BTS2.0) and got very little in return.  There were many promises, both technical and business, that were made..  One can argue that 80% of the technical ones were delivered, but nearly all the business development promises have fallen flat.

Well said. Agreed.

General Discussion / Re: Steemit's Plan
« on: July 08, 2016, 12:35:56 pm »
FWIW- Dan first proposed most of the things he is doing in Steem here to the Bitshares community. You guys cut off his funding for said proposals- stating they were either unnecessary or declaring that inflation for development/improvements = bad. It is kind of the Bitshares' community's fault he has moved on from Bitshares to Steem. An employee must get paid for his work, or else he will look elsewhere for an employer that will pay him for working. Failure to see that to make a few dollars you have to spend a few dollars is entirely on the Bitshares' community. Short term greed stymied Bitshares and will be its eventual downfall.

No one cut off his funding.  Dan never even created a worker proposal.  Total bullshit saying that BTS won't pay for any development as there are 2 workers being paid already.

this. don't twist the facts please @CoinHoarder

Not this.  Don't abuse your power as a moderator @fav.  This is not a random discussion.

steem is an alternative currency and has nothing to do with bitshares. moved as usual

So a discussion of how Steem and BitShares complement/compete with each other in the coming months is not relevant?  Most of the posts in this thread seem to me to be more about Bitshares.

Agree with Stan here. Maybe we just need to change the thread title to something more BTS-related?

I wanted to make sure Steem didn't compete with BitShares market.  In fact, one of the reasons I was willing to help with Steem was that its feature set is fundamentally incompatible with BitShares and we could not hardfork BitShares to implement what Steem does.

I'll just leave this here...and direct attention specifically to "Phase 3" ::)

General Discussion / Re: Forget Smartcoins, how about Dreamcoins?
« on: July 06, 2016, 04:14:54 pm »
So they printing USD pegged SD which is covered by  STEEM, which is printed by converting SD at internal market, which is subsidized by printing even more STEEM?

Yea, I've been having trouble wrapping my head around that myself. Where does the value come from? If the answer is STEEM itself...I find it difficult to imagine it being sustainable long-term.

Pages: 1 2 3 4 5 [6] 7 8 9 10 11 12 13 ... 51