Quote from: Empirical1.2 on March 04, 2016, 10:03:27 pm

Quote from: mf-tzo on March 04, 2016, 06:25:43 pm

anything below $40 mil market cap doesn't even worth discussing it i think..
Talking  about small pump from 0.000009 to 0.00001 and vice versa are insignificant and I think harm bts price..I think we should revisit this thread only when we are x5 of current price..Otherwise people from outside the community see that we think this is a pump and they just dump..
We should start having a bit higher expectations than that people...

The small rise from 09 - 1 was in relation to expectations of a much bigger rise coming next week...

Quote from: Empirical1.2 on March 03, 2016, 04:06:59 pm

we could be shortly added to Microsoft Azure BAAS....

On 7th December Microsoft Azure announced they were adding Ripple.  Over next 4 days, XRP increased 75% in value.
https://azure.microsoft.com/en-gb/blog/azure-blockchain-as-a-service-update/
On 15th December  Microsoft Azure announced they were adding Factom. Over next 6 days FCT increased 680% in value.
https://azure.microsoft.com/en-gb/blog/azure-baas-update-2/
On 4th January Microsoft Azure announced they were adding Emercoin. Over next 6 days  EMC increased 367% in value.
https://azure.microsoft.com/en-gb/blog/azure-blockchain-as-a-service-update-3/

It won't have an impact as big, it's not something new now, people might have got used to cryptos getting on Azure

Quote from: BunkerChain Labs on March 05, 2016, 02:58:53 am

Quote from: Geneko on March 04, 2016, 11:12:25 pm

Numerous times such discussion starts with good point and then dissolves in brainstorming fashion.

One thing is obvious from the very beginning, this project lacks clear objective.
It is problem of a leadership. I have to admit that BM critics have proved its point.

Good leader would know one thing. He must become entrepreneur first. With all possibilities he might dream of he need at least one practical thing that is working to prove his point. To himself and to others. In such a way he build his momentum, his self confidence and his courage to persist in chasing his dreams no matter what. Henry Ford has dreamed about horseless carriage. Then he put all his knowledge and talent in to building one. It took him two years for finishing his first working prototype. With money and credibility he earned he build Ford Motor Company.
I think our problem is that Bitshare is internal combustion engine for BMs horseless carriage. Although critical component, without it horseless carriage surely couldn't exist as such, it is not a point of a dream. So what is our horseless carriage. Is it decentralized exchange for Bishares. It may be.

All things that we enjoy in our modern life, from electricity that drives it to this very forum, was ones a dream in someones head.
Difference is that someone put it for people to see, feel and enjoy benefits of using it.

The DEX is horseless carriage... it was perhaps a few months ago during a hangout that BM did bring up that the original goal of bitshares.. like the VERY beginning it was created.. was in response to MtGOX... they wanted to create a decentralized exchange where nobody would have to ever worry again about that happening. Back then it was also believed that bitcoin would never be regulated.. and therefore it would be open to such messes like that happening all the time.

He then went on to talk about how since then it is not as much of a concern now as it used to be. The government regulating bitcoin was unexpected.. and therefore now causes exchanges to be more accountable and having to follow certain government oversight.

So to continue with your comparison.. it is as though they set out to create the horseless carriage.. and came up with one about 10 years to late. Not quite the right fit comparison.. but you get the idea... certain assumptions that were made from the beginning turned out to go in another direction.

So fast forward to today and you see people wondering why people are not swarming to the DEX.. we call it an identiy crisis because where we began now while it does have a unique value proposition.. the pain that we were originally designed to solve is no longer present due to the market changes. The gains we offer are not high on the priorities of that customer segment.. but the task of trading that the exchange accomplishes it does it well.

So where does that leave us now? He tried to suggest i the same hangout that at potential target market we should look at might be freedom lovers as a niche that might be responsive to having an open ledger.

What I think  now is we have a DEX.. and yes.. there are other markets that can be served by it.. however I think bitshares overall future is really as a business blockchain platform.

The DEX can serve as a hub for settlements and currency exchange.

Businesses can build their smart contracts on Bitshares and get all the benefits the DEX has to offer in powering those contracts.

So when it comes to identifying what Bitshares is.. it is clear to me that we have product that is a DEX... that serves as a great DEMO of just one thing that can run on the bitshares blockchain.

What we need now is for those who are traders and those wanting to focus in that space to do so.

For the rest of what bitshares has to offer.. I would say we need to start identifying the most obvious verticals that will serve specific businesses and get those businesses building their apps on Bitshares.

Anyways.. my 

Some interesting perspectives. I'm not sure I agree with a focus on businesses though. Perhaps it will work out that way, but IMO if we can build a product that appeals to a broader audience it could go viral. That's easier said than done of course. From the recent feedback offered here on the forum from people new to BitShares we don't seem to have a clue how to identify and adddress the needs of a customer base. I am here b/c of the vision, which is NOT plasma or Identibit or anything like that. I am here for decentralization, disruption and unsensored DNS. I am here b/c I realize the HUGE potential of blockchain tech to achieve those goals, to lay down the pavement to the Financial Superhighway, not some walled off, segregated, limited version of it. The free market baby, that's where the focus AND payout will be. That's the audience we need to connect with.

I find myself swayed by Andreaus Antonopoulus' analogy comparing the evolution of the Internet and blockchain tech. He equates efforts like plasma and private blockchains with companies like AOL & CompuServe, trying to offer their proprietary email, their walled off services to their customers. But they couldn't keep up with the innovation of the free market, freedom loving public Internet. When the Internet naturally evolved those same customers realized their isolated, "quarantined" / proprietary environment was inferior in almost every way to the open Internet. Why would they continue to pay for AOL or CompuServe email when they can get better and more numerous choices elsewhere for free? And just where are those companies today?

I can certainly see the value for companies in utilizing blockchain tech to improve their internal efficiency and reduce costs, and I can also see there may be a business opportunity to help companies employ blockchain tech, BUT THAT IS SO FAR FROM THE VISION AND MISSION OF BITSHARES TO EMPOWER INDIVIDUALS AND PROVIDE FINANCIAL FREEDOM TO FINANCIAL MARKETS I don't think it should be the focus of BitShares. CNX may see that as a viable way to make money, but how has that worked out so far? What horde of businesses are beating down the doors at CNX to help them implement their very own version of the blockchain? Like I said I can imagine there may be a business opportunity in that space but I don't see it as a sure thing. The current track record seems to indicate the opposite.

Quote from: bytemaster on December 28, 2013, 06:48:58 am

If the largest banks can achieve deposits of over $1 trillion dollars with no meaningful interest, how many deposits could BitShares attract and what would that mean for the value of the bank?

Road Map

1. Lower Forced settlement to 95%
2. 2% BTS per annum directed to BitUSD. 
(With a yield subsidy many BTS Shareholders will yield harvest creating millions of BitUSD.)
3. Spend $200 a day incentivizing $100 000 of liquidity.
(For 0.2% interest per day  many BTS Shareholders send a small portion of their BitUSD to a liquidity pool where it's sold for $1.01 and bought back at $0.99)

Customers can buy this BitUSD from a bridge for fiat/BTC and save/spend it from a basic account & don't need to understand/see the DEX...

-------------------------------------------------------------------------------
Mr. Man In Street Account

BitUSD Balance:   $888             Buy BitUSD $1:01         Sell BitUSD $0.99
Current Yield:        4.6%

Buy/Sell with Bitcoin/Bank/Card via our trusted partners.

Visit Exchange (Advanced)
-----------------------------------------------------------------------------------------------

Their new BTS (For BitUSD) demand raises the BTS price incentivizing more people to short, possibly with some of the dilution being directed their too. Shareholders/liquidity pool will buy from them to replenish their position.

The yield subsidy is key imo to achieving a better result faster and it's largely self funding https://bitsharestalk.org/index.php/topic,21641.0.html
(By the time the yield subsidy is removed, banks will be charging negative interest well below -1%. So no NIRP will make private, zero yield BitUSD seem like a treat.)

We have made the sound assumption that given access to absolutely secure storage and transmission of value, everyone on the planet would be interested. So what is stopping BitShares from spreading like a virus? It currently targets the wrong people....a niche within a niche. That's not an accusation because it's a highly motivated niche that has taken us this far.

I complete agree with everyone's comments about ease of use and simplicity of pitch being the biggest stumbling block. The fact is, BitShares is not particularly valuable because despite its promise, hardly anyone can use it. BitShares has the highest ideals for a secure, open transaction & value storage network but even if people can get to grips with the technology, their use of its native units can only be achieved with significant risk and complexity given that it is completely reliant upon other units, networks and exchanges as intermediaries.

We need to sell the vision of BitShares to communities of normal people and when we do, we need to show them an unbelievably simple method for changing FIAT to bitAssets or BTS and back again. At the same time the tools we introduce them to need to be highly targeted to them and very simple.

In an ideal situation we need teams of people who are all able to specialise in the marketing and refinement of major tools within the BitShares platform for particular groups of people or businesses. The most important group in my mind is ordinary people who could benefit from the most basic application of the BitShares tools.  It is the one group we seem currently to be the furthest from serving and in turn benefiting from gigantic network effect that would immediately drive everything else. I hope (so hard diamonds will be dropping out my butt soon) that we can adjust focus in this direction because we can still out-compete our competitors and those with far smaller dreams and make Bitcoin (with all due respect) look like a firework compared to our space-ship.

We should attempt to partner with anyone trying to do a similar approach. I know there is already a huge amount of effort going on within BitShares to accomplish these goals all the time. Massive respect and thank you for the hard work.