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Messages - lovejoy

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196
Muse/SoundDAC / Re: PeerTracks is going to MIDEM!
« on: May 07, 2015, 07:46:21 pm »
 +5%

MIDEM?!  :D  Yes!

Go cob go!!!

197
 +5%

Yes, all the way.

I've gone back to hustling for that fiat USD just so I can buy more bts, average down... and put food on the table. ;)

thanks for the 10,000 foot view Ander

Just buy some freaking BTS!

199
General Discussion / Re: Current plans on delegate pay?
« on: April 26, 2015, 07:36:36 am »
delegate pay, referral system, devs seeking funding from entrepeneurs, bitAssets AND bitAssets 3.0 can all co-exist.

CLains with the essence of it all in 16 words.  +5%

200
General Discussion / Re: Precise numbers on dilution?
« on: April 26, 2015, 06:58:24 am »
I have seen this dilution being a huge issue for a long time...but I've also seen numbers somewhere on the forums showing exactly how little dilution currently exists...though I'm not at acomputer and am finding it difficult to locate the post.

Can anyone post the link or the numbers we are currently looking at both with and without the merger created funds?

Here's everything you ever wanted to know about BTS dilution courtesy of Ander, Riverhead, and others... :)
https://bitsharestalk.org/index.php/topic,11213.0.html

201
General Discussion / Re: Current plans on delegate pay?
« on: April 25, 2015, 06:42:50 pm »

I remember Bytemaster said in the hangout something that the people making transactions should be the ones paying for the service and not stakeholders. Ultimately this is right, but I do think that stakeholders have a certain buffer role. There are times where expenses are going to exceed income, and yet it is necessary to spend those funds. Currently we are in this situation. If we had to cover all delegate pay with TX fees, they would be so high that no one would use BTS anyway.

I may be alone with this opinion but I still think that efficient, sustainable funding through dilution is a great idea and gives us an advantage over all the other crypto projects out there. For now growth is far more important than some percent stake. And once BitShares reaches a substantial size, and tx fees get adjusted we might be able to become deflationary.

...If we will not be paid to offer these services by the blockchain, we will be forced to form alliances with entities that do not necessarily have transparency for everyday investors as a concern.  That means that even if bitshares does well in marketcap, you will likely see the old system, only 2.0  the only media you will get will be paid by big players who see little players as sheep to be sheered.  Just like Fox news and MSNBC. 

I also share the above concerns.

My feeling is that we should preserve the 100%  paid delegate option, while introducing the referral system.  Shareholders can decide long term whether there is a benefit to delegates providing development and marketing services.

More fine grained voting systems can be implemented as development resources allow.

I think it would be premature to abandon the self funding model at this stage.  In the future it may not be necessary, but at the moment even this 'miniscule' dilution is providing the ability to seed efforts across a wide range of developments.  So I advocate for a 'hybrid' model until we are grown up enough to survive and thrive in the wild.

202
General Discussion / Re: Current plans on delegate pay?
« on: April 25, 2015, 06:22:35 pm »
Managed to listen to some of the mumble on Friday. From what I gather, the new plans are:

-Remove inflation for delegate pay
-Create the referral scheme that takes all the BitUSD transaction fees, so no more yield on BitUSD

This is great for the people now known as marketing delegates, but how do we still pay developers, whose product cant be quantified but is no less valuable?

So is this the plan to make us deflationary again, instead of making fees generated > delegate pay, get rid of delegate pay altogether?

First off, this was a conversation in which some alternative ideas were floated out there, and I think it's important to make a distinction right out of the gate here that these are not 'plans', as such, these are ideas for discussion.  Bytemaster went off the radar for a while because when he brought up ideas for discussion, erroneous conclusions were drawn.  Let's not continue that old pattern.  Let's discuss the ideas.  Below is a partial transcript, with a very clear and welcoming invite to discuss 'what lessons we've learned over the past 4 months'.  Some specific concepts are brought up and further context can only be had by giving the full conversation a listen.

Bytemaster: "So we have to have a serious discussion as a community about the long term prospects of BitShares and what lessons we've learned over the past 4 months, so I'm curious what you all think have been the mistakes and how we can remedy them.  I can share with you some of the things I think I learned, and I'd love feedback on whether you think it's an accurate lesson or not. 

One of the very promising aspects of the delegate system is that the blockchain can hire people and those people can do work and so far it's managed to hire about 30 people and it's paying for some stuff to get done.  The side effect that I've noticed is there's a ton of politics and infighting.  It's been a very divisive feature if you will.  As powerful as it is it causes a lot of negativity.  A lot of people are afraid of Bitshares because they are worried about the dilution that is going on with Bitshares.  And so the question I had for you guys is:  Is the politics and infighting worth the miniscule amount of dilution or would the system be better of if we found an alternative to fund and sustain the network without doing the dilution?"


Please listen to the full discussion here:
https://beyondbitcoin.org/developer-hangout-with-bytemaster-april-24-2015/

203
General Discussion / Re: Information Liquidity TED talk
« on: April 25, 2015, 05:45:52 pm »

Thanks for the perfect Saturday morning rabbit hole everyone...  between the first link robrigo posted and that Maidsafe article courtesy of luckybit there's a lot to consider here.  I look out the window and feel we are living in the 'fight for information' age.

Time to go outside, grab a spade, and work on the garden... ahhh, natural information systems... thank you DNA! ;)

204
General Discussion / Re: gemspace -- SEC compliant platform
« on: April 24, 2015, 06:41:25 pm »
Reputations must be earned.

Civility to strangers is a Best Practice.

I'm with the ancient Greeks on this one, all strangers should have food and wine (perhaps tea ;)) before the conversation gets too serious. 

“Alas,” said he to himself, “what kind of people have I come amongst? Are they cruel, savage, and uncivilized, or hospitable and humane? I seem to hear the voices of young women, and they sound like those of the nymphs that haunt mountain tops, or springs of rivers and meadows of green grass. At any rate I am among a race of men and women. Let me try if I cannot manage to get a look at them.”
-Odysseus from 'The Oddysey'

“Old man, the dogs were likely to have made short work of you, and then you would have got me into trouble. The gods have given me quite enough worries without that, for I have lost the best of masters [i.e., Odysseus], and am in continual grief on his account. I have to attend swine for other people to eat, while he, if he yet lives to see the light of day, is starving in some distant land. But come inside, and when you have had your fill of bread and wine, tell me where you come from, and all about your misfortunes.
-The Swineherd from 'The Oddysey'

http://en.wikipedia.org/wiki/Xenia_(Greek)

205
General Discussion / Re: gemspace -- SEC compliant platform
« on: April 24, 2015, 05:07:07 pm »
We came from distant galaxies and want to land our ship on earth. ;)

Now you're speaking my language :)  welcome!

Some of us prefer to be polite and hospitable to everyone when we first meet them.

There is plenty of time to vet a project and calmly declare "scam" later, if that's how it turns out.
(Screaming it at every new arrival is just what troll saboteurs want to do to keep us from growing.)

But there is only one chance to make a good first impression.

So the rest of us need to quickly steer them into our Welcome Center as soon as we see them.
Please help us refer newcomers to the new BitShares Chamber of Commerce where they will find a receptive and polite audience interested in hearing them out and helping them to make their case to the general forum.

First encounters are not where we want everyone to show how tough and suspicious they are.

I'm not super familiar with the logistics of a reputation system, but we're trying to build a world where everyone starts out with a flawless reputation until they prove otherwise are we not?

You either believe everyone starts out at 100% reputation or 0% right? Perhaps there's a 50% option?

I'm personally really excited by what GEMSPACE is up to, and want to see it succeed at it's stated goals!

206
Bravo!   +5%

I was so absorbed in reading this article I missed my train stop!

More fuel for the rocket ship to the moon and beyond. =)

207
Muse/SoundDAC / Re: What artist token are you most excited for?
« on: April 20, 2015, 10:10:49 pm »
no PUBLICLY confirmed artists..  8)

208
Technical Support / Re: Sync issues - Is this normal?
« on: April 20, 2015, 09:45:52 pm »
Hey Jamrock, welcome.

I had some troubles getting the client to sync up on the 0.8.0 release as well.  As 0.9 is most likely right around the corner, you may opt to wait until the release and just give that a go... I don't know precisely when that will be, but I think soon.

In the meanwhile, since I don't know what OS your are on, or what kind of hardware you're running, may I just suggest that you quit and restart the client every so often if the syncing stalls on you.  A lot of the syncing issues seem to be memory related, and that's what worked for me.  I let the client run over night, then found it hanging in the morning, then quit out of the client and rebooted my computer, then started the client again... wash rinse repeat, eventually it synced up and now it's staying synced.  You probably don't have an SSD do you?  Me either. :/

Others may have a more technical answer for you, but personally, I'd try this for the time being and just wait for 0.9 unless you really need to get that client running now.

Either way, stick around and see what else is going on round here.  There are a lot of great new developments, and I can tell you the devs are going to churn out a marvelous client, just hang on... it's going to be worth the wait. :)

Just my 2 bts

209
Looking good fellas!   +5%

besides my vote, let me know how I can be of help!

210
 +5%

"Officially allowing questions related to other currencies while discriminating against them prevents future SE sites from building their own communities."

Well said!  Thanks for putting this out there, for the benefit of all.

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