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Messages - triox

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121
This is so true, soon as everyone has a client they enjoy, we can all convert our BTC to bitBTC and our fiat savings to bitFiat which would raise the cap by several million alone. In fact, soon as we got multiple wallets and multi-sig I think we will all feel more secure in doing just this - at least I would.

I love the original posting in this thread. Right on. I also want to highlight CLains' statement above. Once everyone is comfortable with the client, the importance of this bitBTC holding cannot be ignored.

The client is not the problem here, liquidity is.

122
General Discussion / Re: The BitShares Hosted Web Wallet is ready...
« on: April 07, 2015, 09:41:16 am »

What was the 'silver bullet' in case of bitcoin? There was none. It took years of hard work, polishing the clients, services and message. Gradually making things usable.
There is no 'silver bullet': not any single wallet, not "1.0", not one marketing push.
I recommend this presentation from Mike Hearn aspecially the bit about Google maps:
https://youtu.be/2MtUKr05Y3I

123
Translating to Chinese as we speak .

By the way , when you pay BitUSD to your prepaid card through Shapeshift , is it being converted into BTC ?

My Neteller account is denominated in EUR and Neteller recently added Bitcoin integration through BitPay. I chose to top up the account with 50 EUR and the BitPay checkout page showed up with a request for 0.213399 BTC. I have a shapeshift lens plugin in my browser (going directly to shapeshift.io or metaexchange works too) and it said to send 56.7246 BitUSD which is indeed roughly equivalent to 50 EUR. Now if the EUR withdrawal from ATM is actually free then it's really a fantastically cheap way of cashing out crypto.
I used to move a lot of small sums between currencies back in my poker playing days and there always was a 2% cut in every step between a poker room and the ATM or the bank account. Cryptocurrencies plus all the on/off ramps are game changers in that regard. Now if only bitAssets had better liquidity, the Bitshares ecosystem would be best suited to capitalize on that.

124
Guys, among all the bitching and moaning on this forum, I just wanted to share my Bitshares experience lately.

The Bitshares experience is so quick and easy that I find myself NOT using Bitcoin anymore. For example, I used to buy every Humble Bundle for Bitcoin and thought that it was easy and fast, but lately having to launch and sync that monstrosity (Bitcoin Core client) made me not want to do that. I don't trust any other wallets and syncing alone takes several hours.

Then suddenly I realized that I can spend BitUSD using Shapeshift! It took like two minutes and I spent like 10.30 BitUSD for a $10 game.

Then today I wanted to buy some factoids (factom presale tokens). I registered on koinify and instead of launching and shuffling my BTC around (witch would again take half a day) I decided to try Metaexchange. To my surprise it was even faster and easier than shapeshift! I made the transfer in the Bitshares client and BOOM the koinify page immediately says 'Congratulations, you've got yourself some factoids'.

Shuffling my assets around on the internal exchange has been a blast too. If BitBTC had any liquidity I'd happily convert most of my BTC to it.

I also just reactivated my Neteller account and the Net+ mastercard and loaded it with some BitUSD via shapeshift lens and after 7 days I will be able to take it out from any ATM for free! (not available in the US though). BitUSD really is like having an untouchable bank account in the cloud without having to worry about all the price nonsense. It's secure and accessible and you can spend it wherever Bitcoin is accepted. Pro poker players, dark market vendors, entrepreneurs in unfavorable jurisdictions, investors in unjust tax jurisdictions... Thinking how many people are DESPERATE for this product just makes my head explode.

125
+5% The scarcity of reddit (and hackernews) forum comments  these days is quite noticable. Nul- street would have been on top of that in the past.

We've had some success of getting to r/bitcoin and HN in the past and it had zero effect on adoption or price.

Our marketing efforts are simply ineffective and we have no word of mouth effect. Public only listens to people they trust and admire and from the bitcoiner's point of view we're no different from a random alter-coin pushers and there's no incentive to get interested and research Bitshares.

Let's face it: we have a terrible distribution. The whole currency/company has been sold to a bunch of random nobodies like you and me with no reputation and no friends in the industry. Makes me appreciate the genius of Bitcoin's production model: if you wanted to get involved, it's future distribution was more or less a blank slate. With Bitshares anyone serious who wants to get involved will be disproportionately enriching a bunch of unknowns who own it.

What is needed are thought leaders and VCs with their contacts, reputation and clout. People who will integrate BitUSD into their verticals. People who will talk about Bitshares on conferences and in the media. People who can make things happen.

But VCs don't buy shares at market price. In fact it would be simply impossible to buy a substantial position from the market. VCs need to be offered something extra to get involved.

What Bitshares needs to survive and thrive is another funding round. It needs to be negotiated in secret and sadly, it has to screw over the existing shareholders (in the short run).

126
General Discussion / Re: food for thought - raising fees
« on: March 31, 2015, 09:11:13 am »
Fees need to rise to make the referral program worthwhile for big marketers. 1.5 grand from a lifetime referral vs. $500 can make all the difference.

127

...all it will take is a big disruption in the financial system (which is definitely coming) and to be there with a solid product and everything we already have in place will be there to catch the influx.

Let us avoid basing our corporate strategy on absolute statements about the future we don't directly control (i.e. soothsaying). Else we run the risk of turning into a bunch of frustrated goldbugs, sitting on our investment for decades  and awaiting the armageddon that will "show them all".

128

As far as implementing this though... Would this be something we want before 1.0 or maybe a version afterwards?

Having this ready for 1.0 would let us do a big official launch with legend-level marketers pushing bitshares to their armies of lesser marketers who in turn sell to their individual niches.

The trend in consumer facing technology is to gain mass adoption as quickly as possible and that is even truer in mass market financial tech. When it comes to gaining critical mass of users, a coordinated MLM product launch is a force to behold.

129
General Discussion / Re: Great news for our decentralized exchange?
« on: March 26, 2015, 05:22:25 am »
http://www.sec.gov/news/pressrelease/2015-49.html#.VRNgTUZec0r

Gentlemen, start your engines...




If I may suggest something: noone associated with development or the public facing side of Bitshares should ever comment or even hint at the share price. It's unprofessional and will always come back to hunt you.

130
I've had to re-download the entire blockchain at least 6 times now, excluding the next one (upon upgrading to 0.7.0, most of my balance simply vanished..), had the program repeatedly crash, it's hung on some random block while syncing countless times...

You're doing something wrong.  I've had Bitshares installed since release and I never had any issues. there were maybe 3 minor releases where it wouldn't sync and they were patched within a day or two.  The transition from 0.6.2 > 0.7 > 0.8 was flawless too. Maybe you're using unsupported OS?

131
General Discussion / Re: BTS What went wrong????
« on: March 24, 2015, 09:43:21 am »
Quote from: xeroc ¯\_(ツ)_/¯ link=topic=15156.msg195948
Easier would be to familiarize yourself with the CLI commands and do the very same with in terminal not exposing your private keys to some Microsoft thing ..

Won't he still need a powerful machine to even sync a 120 accounts wallet?

132
General Discussion / Re: BTS What went wrong????
« on: March 24, 2015, 08:46:56 am »
Because of that, I have like 120 names...which has basically made my wallet unusable.  Lesson learned...the hard way.

Fuzzy, is this purely a performance issue? If so you can try the following: sign up for a trial Azure account, spawn the biggest meanest  Windows Server 2012 R2 machine there is, install bitshares and sync. Don't worry, they won't charge you. Copy over your wallet and send everything to a new one on your machine.

133
General Discussion / Re: BTSer, Hello from RIPPLE
« on: March 19, 2015, 06:12:06 pm »
Thank you for contacting our community.  We are pleasence to find you in good health. Please, have it known that we offer a ten thousands dollar (10.000 k $) bounty for gateway integration. We only require a security deposit of $800 payable in btc, moneypacks or earthcoin. We pay the bounty as soon as the deposit is wired so no problem, guaranteed. If you have any fürer questions don't hesitate to ask. Sincerity, Bit-Share community liason.

134
General Discussion / Re: Idea: Every other exchange has a trollbox
« on: March 18, 2015, 12:33:31 pm »
I've never used a trollbox but I assume it's something people do when watching live charts on an exchange. Since bitshares.org doesn't have charts the trollbox would be best suited for the client itself (and web wallet of course).

135
General Discussion / Re: [Rough Idea] Introduce 5% delegate rotation
« on: March 18, 2015, 10:46:07 am »
These won't be some random nodes - they still have to front a registration fee and be actually voted into the top 1000 (under what I suspect would be a much flatter vote distribution). And what's the worst that a bad temporary delegate can do? He can NOT sign one block every 48 hours, big deal.

But of course this isn't something that is even viable at this stage. We have trouble finding even 101 unique people to run delegates as it is.
But when the network is orders of magnitude bigger and there are thousands of candidates?

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