thanks luckybit for posting this!
i appreciate reading your ideas are insights as original and stimulating, - i see no issue if most of them yet remain within a theoretical realm ..

Ripple has sofar mostly targeted banking industry to replace SWIFT and it could become complementary to BTS, without making one of the platforms obsolete. Also a chance that XRP could grow into stateless worldwide reserve currency in a few decades. I think any 2.0 crypto rise is rather beneficial to BitShares, as it draws more serious institutional attention to the sector. Higher market cap imho simply reflects the fact that Ripple is more mature system than BTS. Nevertheless, a few month ago, they had serious issues wrt to dev team stability and initial distribution...

https://bitsharestalk.org/index.php?topic=11636.0;all

Quote from: Rune on December 13, 2014, 01:26:09 pm

Check out the general discussion board of our only real competitor: https://nxtforum.org/general-discussion/

The bitshares community is big, and it's active. The Chinese community is likely as big as the entire english speaking community, and much bigger if you measure net worth, so what we experience here is just the tip of the iceberg. We've already been through a lot, just in the past few months, yet we have managed to stay very coherent and maintained solidarity. 1-3 months from now when the protocol is ready, full node GUI is ready, mobile wallet is ready, devshares are ready, marketing gets sorted out, then we'll be heading for some very good times.

I would say our competitors are also people like BitReserve, despite being centralised are still a threat to the BitAsset brand, they've also got a $100 million+ valuation already. Also guys like Ethereum and potentially Ripple or something that comes out of that.

BitShares requires some re-allocation of resources from complacency, cheerleading and metaphors to action, advertising and talent imo.

Quote from: davidpbrown on December 12, 2014, 01:10:20 pm

So, you need to find something that does have value everywhere.. and is available to buy in the currencies you want to compare.

Erm, yes. That's basically the question in the OP.

Quote from: davidpbrown on December 12, 2014, 01:10:20 pm

perhaps all measures are relative and all value is an illusion..

Exactly. (The illusion of value *is* a subjective value.)

most constant for the U.S. is the value of some stable basket of goods and services for an "average" family / "average" enterpreneur
- such basket has to be amended now and then for innovative products
- should include certain financial assets, commodities and real estate (as opposed to current measures used by FED)

for other countries, perhaps a somewhat different basket should be used...

so the least volatile index in terms of real value would be a weighted basket of world currencies, each adjusted for local inflation as defined per respective country's basket of goods and services.

bitHour, bitLBS, bitMile - all sounds fun

What OP is looking for is however per definition some kind of CPI/PPI basket of goods and services, with all its challenges...

Quote from: vikram on October 21, 2014, 11:42:36 pm

Quote from: vikram on October 09, 2014, 09:11:22 pm

Quote from: bitmeat on October 05, 2014, 02:39:47 am

Quote from: kisa0145 on October 05, 2014, 12:13:16 am

please see here the original thread, Vikram...
https://bitsharestalk.org/index.php?topic=8371.msg114079#msg114079

to briefly summarize - on september 8th i bought 1000 bitUSD and left some market orders. later that day my windows crashed and i had to run system recovery. unfortunately i only had old wallet backup. all my market transactions and orders of September 8th show outflows to unknown, so i am missing some 120K BTSX and 1000bitUSD in my balance. xeroc kindly posted this issue on https://github.com/BitShares/bitshares_toolkit/issues/769

Pretty much in the same spot. Got about 1000BitUSD and 60KBTSX not showing up in my total. What I'd like to know if they went to collateral or if they will at some point be recovered.

I have not forgotten about these issues; I will be looking into them.

Quote from: kisa0145 on October 21, 2014, 05:51:55 am

Thanks Vikram. Would such issues still be worked on if the merger happens?

Yes, I will address as many issues as I can regardless of any DAC merges.

I have started rewriting some of the key (re)generating code. I suspect your wallet(s) somehow got into an inconsistent state where the current version of wallet_regenerate_keys won't properly regenerate everything. My updates won't make it into the next release (0.4.21), but when the changes are ready we will see if hopefully you can regenerate the proper keys to unlock your funds.

v0.4.24 is out (https://github.com/BitShares/bitshares/releases/tag/v0.4.24) which finally has some updates to the wallet key handling and regeneration.

kisa and bitmeat if you are still missing funds, try the following steps exactly as I've written them:

• Make sure you have the wallet or wallet backup of the wallet you originally used for the market orders that you are missing funds from.
• Open the wallet (or restore the backup) with v0.4.24.
• Unlock the wallet if you haven't already.
• Make a new backup of the wallet that we will restore to later.
• We will now regenerate a large number of keys. This will make the wallet slow afterwards, so after we are done we will restore from the most recent backup.
• Use the command "wallet_regenerate_keys <account_name> 10500", replacing <account_name> with your relevant account name. This will take some time to generate all those keys and then rescan the blockchain.
• Check "wallet_account_balance". Does that balance include your missing funds now?
• Check "wallet_market_order_list". Do you have any orders which you weren't able to access before?
• If you are able to access any missing funds, it's easiest to just transfer your entire balance back to yourself.
• Restore the backup we created in step (4) and if you transferred any new funds back to yourself, it should show up as an incoming transaction and you should be able to access those funds now.

Let me know if this helps anyone.

Finally I had time to implement the above instructions.

First, I deinstalled all previous client versions and deleted bitshares directory under appshare/ roaming.

Then I downloaded v.0.4.24 from bitshares.org and created an empty wallet.

Syncing blocks didn't work first, got stuck now and then, after I agreed to patch updates. I had to reinstall clean and rejected patch updates. Sync crashed half time, but resumed next day and completed. Then I installed patch updates.

Importing old .json backup did work, and I created new backup before regenerating keys.

Then - great news - regenerating keys 10500 did work and restored missing balances from old orders!

Then I transfered part of BTS to myself (as I was afraid to transfer all funds yet). Outgoing balance was substracted but incoming balance didn't show up, also not after wallet_account_balance.

When I restored to the newly created backup, still the incoming balance from the latest self transfer was missing.

 When I tried to quit client crashed. At re-opening the client showed empty wallet, was not connecting. I agreed to reindexing database.

Then client at default picked up a strange version of wallet, with somewhat incorrect balance and without transaction history. I attempted to regenerate 10500 keys again, and transaction history appeared again after a very slow rescan. Still the recent self-transfer part of balance was missing and self - transfer didn't show under transaction history.

Perhaps I better wait until a new version and then try again, as the client keeps crashing at this stage and I don't want to invest more time into this struggle, as I am not tech person.

Anyway, when I saw restored balance at some point during that process, this gave me confidence that at some future point I get all my funds and will be able to trade on market seamless

good luck guys with the new release!

However brief, this was indeed an insightful and inspiring talk - thank you Charles!