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Messages - okidoki

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31
I also think that BitShares has to stop the constant innovation... it morphed constantly and was hard to keep track of... Now there should be a consolidation. If something jumps from corner to corner the whole time it is hard to grap... Now it has all the essentials, like unlimited transactions per second... The only thing I am missing is the interest rate generated BitUSD like in the beginning... but this was stripped away by innovation...

Bitcoin has not had any innovation for 7 years and look where it is...

32
I am against a rebranding... BitShares has an excellent brand and logo. Who would want to start from scratch?

Dash is another shoe... There a rebrand made absolute sense.

Regarding nov. 5th, I do not understand quite what this day happens? The AGS, PTS holders get a hold on their 500 million shares and can sell them finally?
Or during 2 years they were given little by little shares of these 500 million and this ends on that day?


Regarding sell pressure from Dan, I think he would not talk about BitShares in the past tense in "The DAO"-article if he still had some... even 2 months ago he sounded very different. Although he paddled back on beyondbitcoin, I think he has nothing more to sell, so this is a good thing, so there should be no selling pressure from him anymore and there should be lots of new stakeholders who entered at low price.

Also the OpenPOS thing from KenCode can let this thing take off... there is nothing like BitShares and soon the focus will shift once again from Ethereum type of tech (decentralized apps) to decentralized exchanges, when the next exchange closes... or several... besides Cryptsy there were not many Mt. Goxes lately...

33
General Discussion / Re: Merger of STEEM and BTS
« on: May 30, 2016, 05:05:45 am »
Thanks for your comment. This clarifies it well. But in general would you say that Bitshares is in its current state independent from Cryptonomex? I mean it seems like everything is in place... even a Bitshares Android app... I do not think that developement has to be paid for anymore... look at Bitcoin, they are stagnant for the last 7 years... and no one complains...

Although I like the original interest vision for BitUSD from the beginning... would be nice to have "such a" BitUSD as an option in the system...

34
General Discussion / Re: Merger of STEEM and BTS
« on: May 30, 2016, 04:18:28 am »
I would like to know, has the Bitshares community to accept this? I have not read the license or whatever of Bitshares, I suppose that Cryptonomex has a hand on this, as I would suppose...

35
General Discussion / Merger of STEEM and BTS
« on: May 30, 2016, 04:13:28 am »
The last merger of BTSX and DNS and Vote only diluted BTSX-holders.
Cryptillionaire has brought up a great point: https://bitsharestalk.org/index.php/topic,22517.msg293211.html#msg293211

Bytemaster, you want to merge Steem and BTS together?? Valuing Steem at the fake market cap of 30 million and depressing BTS to new low levels by talking in past tense in your article about "The DAO", and that the project has failed? So that BTS holders would get perhaps at a 5 million market cap a 20% stake in the next generation DEX?

I mean, you have to exclude this possibility, retracting your earlier statement that you see clearly the future for BTS in a merger with STEEM.

I think there are many people here who would be really not satisfied by this.

36
General Discussion / Re: BitAsset strategy and Reddit abandonment
« on: December 25, 2015, 02:17:10 am »
But this is not necessary. I think bitshares should do it again as it was designed in the beginning and leave it alone for good. Together with everything else the volume will come... But no one should be fearful of new changes to the system.

Bitcoin has not changed anything since the beginning and is shitty to use. But this stability and that it can be relied upon gives it its value on my eyes. In the beginning there was no liquidity whatsoever neither...

37
General Discussion / Re: BitAsset strategy and Reddit abandonment
« on: December 24, 2015, 08:07:51 pm »
Not sure what happened here:https://bitsharestalk.org/index.php/topic,20759.0.html

But the reliance on price feeds is something that is really not necessary or a good approach in either case. The original system of a "mirrored price" USD/BTS on centralized exchanges and BTS/BitUSD on DEX was economically speaking sound and should have stayed like it was in my eyes...

38
General Discussion / BitAsset strategy and Reddit abandonment
« on: December 24, 2015, 07:42:49 pm »
Overall Bitshares has the most advanced and fascinating technology. But there are some things where I think that BitShares is not moving in the right direction.

1. BitAssets: Total feed dependence instead of pure market logic like in the beginning. The result can be seen when looking at the marketcap of BitUSD. There was a time under the old system where 1.5 million bitUSD existed, which now has shrunk over 90%. Bytemaster hated the fact that there was not enough liquidity in order to exchange huge amounts of BitUSD without effecting the internal market price. But this is no problem in my eyes, this gave opportunity for getting sold BitUSD below the feed price, creating profits which where able to attract people to this marketplace. If not enough collateral would have been put up, so what... somebody gets margin called... others can learn and put more collateral that is it...
Then Bytemaster forbid transactions which were too far from the feed price away, limiting profit opportunities, and this caused people to choose to not participate in this market. Also rule changes are very damaging. People like to have stable rules if they invest in something.
But right now the rules have once again changed as far as I understand it and new changes are already been discussed for the future. So if somebody is holding a BitAsset he does not know what is coming... even negative interest rates are been discussed, following the lead of central banks.
Feed errors like the one experienced today causing problems are not acceptable either. The whole feed system should be abolished as it was in the beginning.

If somebody wants to test some new approaches these should be tested in new, different BitAssets. "BitUSDguaranteedLiquidity" for example., so people who want to choose to stay with the initial system would not have to close their positions in the old system.

2. It seems like Reddit is only allowing posting links to other websites, above all this old bitsharestalk forum: Reddit is really superior compared to this format here. To attract new users, they should be allowed to post their stuff directly in Reddit. Not sure, why someone would force everybody to use an outdated system and register themselves there... The tapatalk application is also horrible...

I really wanted to post this, as I feel sorry when looking at the current state of affairs... I am not able to read constantly thousands of pages of stuff regarding the changes in the market mechanism. So if there is some inaccuracy please correct me. But have in mind that 99.99999% of the people do not have the time to follow these and just do not even start to read if they know that the rules will change in a few months anyway.

So this is my opinion which I wanted to share in a constructive way hopefully.

39
General Discussion / Re: Liquidity has a Price -> Adding Maker / Taker
« on: December 04, 2015, 07:47:01 am »
No negative interest rates. This would make the current value of the asset 0.

I think the idea of borrowing the money for buy and sell walls close to the feed price paying an interest rate for starting the market is a good idea in combination with the original unregulated market where shorts pay an interest for being short and bitusd receive interest. As Bytemaster says upon improving liquidity this subsidy for buy and sell walls can fall until the market is liquid enough.

200k buy and sell walls would be fantastic (although subsidized initially). BUT IT HAS TO BE COMBINED WITH AN UNREGULATED MARKET IN EVERY OTHER ASPECT!
The feed price should only be there in order to determine who gets a subsidy paid for his open order. If one side has already enough open positions then new open positions do not qualify anymore for the subsidy interest.


Right now it is difficult to follow all the changes which are introduced all the time. I would establish the rule above and leave it like this for at least a year.

40
Thanks for your answer, I had to do another change as well:
"C:\Program Files\BitShares\bin\bitshares_client.exe" --rpcuser user  --rpcpassword pass --server --httpport 4000
curl --data "{\"method\":\"about\",\"params\":[],\"json-rpc\":2.0,\"id\":0}" http://user:pass@localhost:4000/rpc

For all who wonder, I opened the normal bitshares client instead of "bitshares_client.exe --server". Also port 9990 was occupied by another program... The escaping went fine as well, but had to change apostrophes.

41
In this discussion regarding connecting via RPC using curl to the BitShares Client an example is given about how to call the "about"-method via JSON-RPC:
https://bitsharestalk.org/index.php?topic=5562.0

I edited the config.json like this: "rpc": { "enable": true, "rpc_user": "rpcuser", "rpc_password": "testpassword", "rpc_endpoint": "127.0.0.1:9989", "httpd_endpoint": "127.0.0.1:9990", "htdocs": "./htdocs" },.......


Then I started the Client and issued the following cURL:

curl --data '{"method":"about", "params": [], "json-rpc": 2.0, "id": 0}' http://rpcuser:testpassword@localhost:9990/rpc

Response: curl: (6) Could not resolve host: params curl: (3) [globbing] bad range specification in column 2 curl: (6) Could not resolve host: json-rpc curl: (6) Could not resolve host: 2.0, curl: (6) Could not resolve host: id curl: (3) [globbing] unmatched close brace/bracket in column 2 ! ┬>▲ ∟Failed to parse the request.

What am I doing wrong here?

Thanks for your help in advance!

42
Thanks... I did not know that the branch was changed... Now everything fine :)

43
Soebody knows what do I have to change to launch in real network and not in Test Network? Can somebody correct what gets downloaded on Github?

Thanks.

44
General Discussion / Re: Bitasset volume targets
« on: November 27, 2014, 01:50:01 am »
100,000 USD per day?? I think this would be more like 100,000 BTS per day or 1700 USD.... (1 BTS * 3600 * 24)

45
Exactly  +5%

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