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Messages - Mysto

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76
- the fewer voteable dilution proposals (higher stakeholder confidence/certainty)
- the better the quality of the proposals
- the lower the level of freakout by stakeholders as at least some would have been exposed to the proposal many times on the forum and developed some trust towards the delegate during the preliminary proposal feedback process.
 - the higher the deflation from fee-burning!

-Let the stakeholders directly decide how many vote-able dilution proposals they want.
-Let the market decide the quality of the proposals (the better the proposal the more likely people will vote for it)
-You don't need a fee to do that. Right now many people have stepped forward and ask the community if their proposal was a good one.
-The fees-burned wouldn't even have an impact imo. But lets say they are big enough to have an impact, the delegate would probably want to dilute more to make up for the fee so it really wouldn't matter.


Edit:
Also maybe proposal makers should be required to run a delegate for at least 1 month before making an official voteable proposal.   That helps build trust and commitment to BTS by creating an intellectual overhead and proves they are capable of the basic delegate tasks.
Good idea, that could help us with the back up delegate problem. But again I don't think it should be a rule.

77
Technical Support / Re: Where do you buy BTSX?
« on: November 02, 2014, 05:40:38 pm »
so much information, dunno where to start  :'(
lol I know the feeling. Whatever you don't understand feel free to ask. There are quite a few knowledgeable people on this forum.

78
Thanks for the translation neosp!

Everyone has different point of view and he is free to express it.
If someone dislikes sfinder's behavior - that is what the voting is for.

You cant say he is lying though. There is some truth in his words.
However if he uses this solely to influence the price then it is an issue.

you can see this,  another guy with name extremely similar to dacsunlimited is quoting what sfinder said and spreading FUD.  Actually I think this guy is just sfinder himself.  Only he will quote what he said.
https://bitsharestalk.org/index.php?topic=10905.0

Yea this guy seems like really bad news.

79
Is this sfinder character still a delegate?

80
General Discussion / Re: A BitShares Constitution?
« on: November 02, 2014, 05:28:53 pm »

Are there any other ways to get stake into the system and away from btc38/bter

Sent from my iPhone using Tapatalk

I think the biggest thing stopping people is bitUSD liquidity. Quite a few people are actively trading BTSX. They would use bitUSD the only problem is the low volume which is causing a ~3% wide spread. I have some BTSX on both bter and btc38 that I actively trade. I still trade in bitUSD but not with a large amount at all.

So increase liquidity is one solution. Another is wait till after the exchange votes, withdraw your money and vote. That might pressure exchanges to not want to vote since so much money is leaving at once.
But over all I think exchanges are voting with good intent. They have a large sum of money they are in charge of and by voting they are helping protect it.

81
General Discussion / Re: A BitShares Constitution?
« on: November 02, 2014, 08:14:12 am »
I think I will write a personal constitution that is not binding on anyone nor the BitShares project so that people know what my values are. 

I don't think BitShares needs a constitution other than the code as adopted by delegates.
+5%
Constitutions need to be amended (times change and we can't predict what will happen in the future). The way I see it is we start out with a constitution then shareholders can amend it to fit their needs. I would hate some "set in stone", unchangeable constitution.

82
General Discussion / Re: Dilution or No Dilution
« on: November 02, 2014, 12:24:36 am »
//edit: rereading my post I begin to wonder if my time management is good ... taking the time to even answer those posts is kind of stupid ..
How are you suppose to catch up to bytemaster if you don't  :P

83
General Discussion / Re: Dilution or No Dilution
« on: November 01, 2014, 08:13:58 pm »
Should we vote on the increasing the Apple share supply, also, Empirical?

I'll give you an excerpt from the same answer I gave you almost to the day BTSX was at it's recent high of 0.000093 and then began its downtrend...

But please please please, let's not be so conservative to not see that 15% possible dilution can be no more damaging than about 15% dilution, but offers a chance for the project to really grow exponentially... hell even it's survival might be put on the line by prejudices and utter refusal to take a 15% loss and decent chance of 500%-1000% or more appreciation...

I know DAC's are businesses and dilution can be a standard tool but unfortunately the risk is more than the dilution by far. I love risk, if I think there's a 0.5% edge I'll put decent money down, hell if I'm bored I'll flip with reasonable sums for fun. The reason I'm highly skeptical is because I believe the risks are much greater.

Make no mistake 10% inflation is a lot, you might look at the CAP and think how many users a bit of inflation buys, and that BTC has mining ( Actually a lot of investment has gone indirectly into BitCoin as well as free advertising that would have cost 10% this year.) but they don't realise BTSX may have its CAP because they don't have inflation.

You got your wish, while I still think still think BTS will be successful, I would have hoped by now you could see the crypto-market takes a different view to these things & it's not just as simple as 'oh it's a company like Apple', there are other factors to consider.

But sure censor other people's polls, whatever..
Is tonyk and tonyk2 the same person. If not then that was not him you were speaking to.

I personally don't think we should really care what the crypto world thinks of us. We squeezed as much out of altcoins and bitcoin as we can (for now). Once we grow outside the crypto sphere they will follow.

84
General Discussion / Re: Dilution or No Dilution
« on: November 01, 2014, 08:05:38 pm »
I posted on reddit so people will see this. You will not get away with this type of action. You can talk but you cant poll...Do you have something to hide???
They might have taken it down because it is a the same exact poll that was done about 2 weeks ago.

86
General Discussion / Re: A BitShares Constitution?
« on: November 01, 2014, 07:40:10 pm »
Having the ability to change the dilution rate with some established process that is deemed "hard but not impossible" is what is needed.

 +5% +5% +5%

87
General Discussion / Re: Dilution or No Dilution
« on: November 01, 2014, 07:35:57 pm »
Why was my poll removed? I can't post because you disagree?
Bitshares is decentralized sadly this forum isn't.
Put the poll back up guys! Or just block all newbies from creating polls until they have a certain number of posts!

88
People are free to do whatever they want to, either telling the truth or lies is up to them.

But running delegates of BTS, especially occuping about 5 spots of the top 101, he should know what that means. Being a delegate means being a builder of the ecosystem, rather than a rumor monger or maeket manipulator.

Yes, The delegates should be the builder ,not the destroyer.

Let us check it out!

Please link to the post in the Chinese section. I will use google translate to attempt to understand the situation - and then vote accordingly.
+5%

89
General Discussion / Re: Poll: Dilution or No Dilution
« on: November 01, 2014, 07:21:47 pm »
I highly doubt this is why. It has more to do with uncertainty. The uncertainty drove the price down a little. When the "get rich quick" crowd saw the price fall a little they panic and get out quick. So most of the people who thought bitshares was a get "rich quick scheme" are out and whats left is the people who actually believe in the project and are willing to sacrifice for it. That's my opinion at least.

90
Yes!

(This is an example of why this new system is great.  It results in Bitshares being built faster).
Yea when this is implemented this will be ground breaking. "The first block chain that can actually hire people!"

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