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Messages - BunkerChainLabs-DataSecurityNode

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121
Stakeholder Proposals / Re: [Worker Proposal] BitShares Webdesign Mockup
« on: July 15, 2016, 07:36:42 pm »
While listening on Mumble today I made a suggestion in the chat.

I suggested that a well drawn out plan regarding the site be done up and posted on Steemit.. prior to posting make sure to garner support for it.. and then post it on steemit and allow everyone who supports it to upvote it. There are daily posts that are earning upwards of $1300 instantly in a day.

This is a different type of worker proposal system really. The arrangement clearly would be a promise from you that you would use the funds to pay for the redesign, much how you are promising to get the redesign done via this Worker proposal.

I am beginning to lean more towards taking the Steemit route.

122
General Discussion / Re: What bitshares should learn from steem
« on: July 15, 2016, 04:35:25 am »
This is one among many other improvements that can be made to the worker proposal to get it working better.

123
General Discussion / Re: Is Bitshares still growing?
« on: July 13, 2016, 06:18:04 am »
I cashed in some of my steem today to pickup more bitshares.. for what it's worth.

124
General Discussion / Re: Steemit's Plan
« on: July 11, 2016, 12:48:46 pm »
Quote from: abit on July 11, 2016, 12:15:32 pm
Quote from: CoinHoarder on July 07, 2016, 07:24:46 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.

 +5%

125
General Discussion / Re: What bitshares should learn from steem
« on: July 11, 2016, 12:47:25 pm »
Quote from: Empirical1.2 on July 11, 2016, 11:14:06 am
I haven't followed Steem, but there valuation is up & buy support is up.

This is the opposite of what I thought would happen when hundreds of thousands of dollars were made available for redemption on Jul 4th. So well done.

If one of the key USP's as Erlich says above is that they are offering interest payments (on Steem USD?)

Then this is something I've been advocating for BitUSD for ages and think it will be self-funding during the SmartCoin growth stage.

I don't think it has anything to do with fundamentals yet.. its a shiney new toy still.. I don't think that many are trading on any fundamentals.. really it could just all be a bot loaded with 50 BTC. Bittrex added support for SBD shortly after July 4th.. that helped I suppose. It would be interesting to see if typical non-crypto trader/users get into it though.

I would love to see a sustainable model in bitshares where interest can be derived in a decentralized way.. that doesn't include pulling it from dilution... I have thought of some ways but they all involve some kind of hardfork feature change.. which I know will take a fair amount of time.

126
General Discussion / Re: What bitshares should learn from steem
« on: July 11, 2016, 12:44:49 pm »
Quote from: Erlich Bachman on July 11, 2016, 06:43:36 am
Quote from: BunkerChain Labs on July 11, 2016, 02:34:00 am
Quote from: 麥可貓 on July 10, 2016, 04:13:57 pm
Bitshares had its prime time too. As I can recall, it passed ripple and became the no.2 highest market cap. To take a long story short, what happened then caused bitshares fell to the market cap of today. I couldn't tell if the same thing will happen to steem, but I strongly feel that we should keep going on the current route, and make bitshares more appealing in more practical use cases, and never look back.

Well stated. I don't think we are going to see real success from market manipulations. Utility and adoption are what have kept Bitcoin in the lead even with all its problems. Tipping point is coming. I honestly don't know if it will ever really make a difference in the way our market cap goes, but at the end of the day there is just one number that really matters... users.

Woah, now hold on there honcho.

I don't care how many users PeerPlays has or grows to.  The only number I care about is profits.

Show me a profitable coin that pays dividends, and then you will see why STEEM is rising (interest payments), and how to shift this Internet bubble into the next paradigm (one of profits).

Profits are just a derivative of users. Users = profits. With users, profits follow... depending on your model. In the STEEM model, I think it will be a bit different really. With users, profits will become more difficult. Now everyone is a big fish in a small pond.. once it grows to lots of fish in a big pond.. those payout rewards are going to get more difficult to garner. I am not sure when that will start to become apparent. The experiment calls for only the most exceptional content winning in the end... I think some will knock themselves out trying to crack that nut.

Peerplays on the other hand has a very understandable model, as does bitshares (if you really look).. more users = more profits.

127
General Discussion / Re: Steemit's Plan
« on: July 11, 2016, 03:00:42 am »
Quote from: chryspano on July 10, 2016, 11:25:09 pm
Quote from: mint chocolate chip on July 10, 2016, 08:57:58 pm
Quote from: thereverseflash on April 01, 2016, 05:04:47 pm
We have secured ~80% of the initial STEEM via mining.
80% before announcing, you gotta figure they added at least another 10% since that moment.

You guys don't even know what you are talking about! do you?

What do you mean by saying "80% before announcing"? I'm really curious! You know that the ANN thread is this one in BCT https://bitcointalk.org/index.php?topic=1410943.0 don't you?


Other than that, you took a phrase out of context from a post and you added your own false assumptions, here is some of the information you deliberately omitted...
Quote from: thereverseflash on April 01, 2016, 05:04:47 pm
We have secured ~80% of the initial STEEM via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers.

While we love the BitShares community, we believe we can get more eyes by keeping the discussion over on bitcointalk until our own forum launches.

https://bitcointalk.org/index.php?topic=1410943.0
.....................
I will only answer questions on bitcointalk, so come visit us there.

But maybe you are an anti-dilutionist too and you believe only in the free work of others.

Thanks for reposting with the complete quote.

I don't understand where all this 'they are keeping 80-90% for themselves' came from when this was already posted long ago and I have always understood it as part of the whole roll out process.

There are several ways to do a startup, this is just one.. and probably was driven largely by circumstance.

128
General Discussion / Re: What bitshares should learn from steem
« on: July 11, 2016, 02:34:00 am »
Quote from: 麥可貓 on July 10, 2016, 04:13:57 pm
Bitshares had its prime time too. As I can recall, it passed ripple and became the no.2 highest market cap. To take a long story short, what happened then caused bitshares fell to the market cap of today. I couldn't tell if the same thing will happen to steem, but I strongly feel that we should keep going on the current route, and make bitshares more appealing in more practical use cases, and never look back.

Well stated. I don't think we are going to see real success from market manipulations. Utility and adoption are what have kept Bitcoin in the lead even with all its problems. Tipping point is coming. I honestly don't know if it will ever really make a difference in the way our market cap goes, but at the end of the day there is just one number that really matters... users.

129
General Discussion / Re: bitCNY optimization committee proposal voting begins
« on: July 11, 2016, 02:17:09 am »
Quote from: bitcrab on July 10, 2016, 05:30:13 am
Quote from: BunkerChain Labs on July 10, 2016, 02:08:08 am
Quote from: bitcrab on July 09, 2016, 12:06:05 pm
Quote from: Akado on July 06, 2016, 11:09:08 am
Quote from: prebuffo on July 05, 2016, 03:01:51 pm
Hallo, again could you give us some feedback?

 Does this new settlement fee improve liquidity and interest in CNY?

@bitcrab

before this change the supply of bitCNY is less than 800K, now it is 1100K and keep on increasing...

going ahead,  bitCNY will be used as trade base in many markets.

Can you describe how the change has contributed to this?

We need more details to know this isn't just regular market movement.

in my view the logic is simple, because the change changed the expectation of the players, especially the shorters.

actually bitCNY can be used in many cases - to buy other assets in DEX, to deposit to btc38 just as fiat CNY, to just withdraw from transwiser - so there is always demand for BTS holders to short out bitCNY , but they always worry about being force settled, this worry prevent them from shorting.

now the 1% offset reduced the worry greatly and shorters have more incentive to short.

is it just regular market movement? I don't think so, in the weeks before and after the change, there's no other big change in BTS ecosystem that can make bitCNY supply increase at close to 50%, and we can see that bitUSD supply has no obvious change in  the same period.


So there are few things here.

You are saying that because of market support there is a reason for shorters to be creating bitCNY.

Following that you then said that the 1% offset reduced the worry of shorters.

So can you explain what the worry was that shorters had if there was already the market support as you described for bitCNY?

130
Random Discussion / Re: Hello?
« on: July 10, 2016, 03:40:25 am »
Quote from: btswildpig on July 10, 2016, 02:39:56 am
Quote from: karnal on July 05, 2016, 09:36:27 pm
Sure seems quiet around here lately .. people going to steemit or interest in bitshares dying down?

money money .
Waves had money to pay people to talk in social media ,chat groups ..... And it got a lot of people talking really .

But in the end , when they cash out , they don't talk anymore .

It's sad that PTS/BTS become so big with merely a whitepaper ,  and now the "better thing" need to pay people to participate , lol .

Some of us rather post here without earning a dime rather going to STEEM.
That shows something , really .


Are you here to help BTS grow?

131
General Discussion / Re: bitCNY optimization committee proposal voting begins
« on: July 10, 2016, 02:08:08 am »
Quote from: bitcrab on July 09, 2016, 12:06:05 pm
Quote from: Akado on July 06, 2016, 11:09:08 am
Quote from: prebuffo on July 05, 2016, 03:01:51 pm
Hallo, again could you give us some feedback?

 Does this new settlement fee improve liquidity and interest in CNY?

@bitcrab

before this change the supply of bitCNY is less than 800K, now it is 1100K and keep on increasing...

going ahead,  bitCNY will be used as trade base in many markets.

Can you describe how the change has contributed to this?

We need more details to know this isn't just regular market movement.

132
General Discussion / Re: Steemit's Plan
« on: July 07, 2016, 10:16:05 pm »
Quote from: mike623317 on July 07, 2016, 09:44:46 pm

Thanks and all of that makes sense to me. My question is HOW any of these directly benefits BTS. Unless i misunderstood BMs post, i think he was saying that Steemit would create their own smartcoins and UIAs  and not the Bitshares ones.

I don't know anything about what is really going to happen in regards to that post, but take note that those things talked about while they did not mention Bitshares, they were spoken of immediately after describing what a sidechain can do.

Just say'en.

133
Peerplays / Re: [ANN-Updated 5/5] Peerplays Prelaunch - Millions are Waiting For You!
« on: July 07, 2016, 04:15:27 pm »
Quote from: cass on July 07, 2016, 04:10:47 pm
just curious about the contest rules .. as i'm notcing people are able to vote more then 1 time for their logo uploads .. so IMO the vote on the logos doesn't mean anything about the quality of the published logos .. my 2 cents :P

There are limits to how often you can vote on a logo per day.. you can submit multiple logos.

The number of votes are factored into the decision but are not ultimately the final decision.

134
Random Discussion / Re: Hello?
« on: July 05, 2016, 04:08:00 pm »

135
Technical Support / Re: Trollboxmoderators
« on: July 01, 2016, 02:07:28 am »
Quote from: fx4all on June 30, 2016, 11:21:46 pm
It's decentralized ofcourse!

But still I see many people who have questions and maybe it's an idea to give them some trust when there's a moderator around.

Also it doesn't mean that there has to be moderation to do. We can call them trollboxhelpers or something.

Okee maybe my idea isn't so great after all. Thanks for responding!

Technically like he said you can't moderate.. you can only say 'please stop doing that' if someone is out of line. :) ..

I think that there is merit to spending time in the trollbox and answering questions.... you don't need to ask... you can't just do it. :)

I recall at one time some started getting involved in other exchange troll boxes for a short while to answer questions about bitshares.. but it was specifically around some kind of news event time I think.. after that it died down.


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