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General Discussion / Re: Exchange like bitshares website project, do you think its worth a delegate vote?
« on: October 31, 2014, 05:10:21 pm »
You have my vote as well.
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^ThisYou need to get that on a mug or something lol.
I never intended this thread to completely change everything...
lol
I aint selling.
Brilliant, I've always had a sense I only hear a part of what this community has to say on this forum, this helps to provide a complete perspective on what we're all thinking, thanksYes it feels like we have to small communities, hopefully this will help us merge into one large community.
I do see a bit of confusion in your OP given that our rebranded name is still BitShares. The language in your OP says we'll be moving away from the "shares" terminology / metaphor. Would you care to elaborate on this point?^This
On the other, it makes me fearful that attacks are coming.
Banner idea for crypto sites,haha that's a good one.
This ad sponsored by the BitShares blockchain
Can your blockchain purchase ad space?
lolI've been calculating my cost basis for altcoins in BTC, and I'm realizing this might have been a bad idea, given its volatility.
Do you guys track your cost basis for BTSX in USD?
Is it dumb to track altcoin cost bases in BTC?
If you want to know "how bad of an idea was it for me to have bought this stupid altcoin, rather than just stick with bitcoin", then you calculate your basis in BTC.
If you want to know "how bad of an idea was it for me to blow my money on this crypto idea", then you calculate your cost basis in USD.
The user bitcoinba has a direct line to the CEO of BitPagos. He'll be talking to the CEO tonight and I mentioned to him the community would probably be in favor of airdropping 10 BitUSD on new BitPagos signups. I'm excited to hear what the CEO has to say...!
This is one of the few markets where I'd consider share-dropping a valid strategy.Yea I agree! It would be much cheaper and more effective than targeting bitcoin or other alt-coins. If you want to target bitcoin and other alt-coins this is the best method to do it anyway. Once they see that it actually works and the market cap grows they will start jumping on board.
I hate blanket non targeted share-dropping on Bitcoin or other alt-coins.
I'm also not even a big fan of big deposit bonuses on debit cards to Mainstream.
However I would be in favour of giving a deposit bonus or even a $10 free sign up bonus to BitPagos customers as I know most of them are using Bitcoin as a volatility & part store of value hedge, exactly what BitUSD does much better and that many will REALLY want it, once they're exposed to it imo. (A high conversion rate I think it's called.) Also I don't know what the right bonus is, but the per capita income there is lower so you can bring in new users and build network effect in that country with a much lower incentive (cost) needed per user .
It could also be an angle to get BitPagos on board. I would also politely but clearly explain to them that their Bitcoin based business model is obsolete in that country. Their customers are specifically looking for what BitUSD offers, so they will lose market share if they're slow on the uptake.
One market can also spread it worldwide via remittances, they'll start asking for BitUSD from family working overseas across the world. Those overseas workers will then expose their overseas colleagues and friends to BitUSD, who will then send it home to their families in countries across the world. Anyway yeah I'm in favour of really focusing on a few key markets like this as a way to spread BitUSD I think.
We are planning to offer instant buy/sell of bitUSD as soon as we launch v2 of latincoin.com, but we need a mobile wallet first.
Anyway, let's keep the high interest rates going. Looking grand.