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Messages - lil_jay890

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151
General Discussion / Re: An appeal to revitalize the forum
« on: August 15, 2016, 07:39:58 pm »
There is not that much to talk about now.

The product is stable.  No new features are being added other than maybe stealth at some point.  Not really any new projects.

Personally I think steem is just a giant circle jerk of people that post shit content in the hopes of getting upvoted by a whale.  The people that are making money are usually chicks who post half naked pictures while useful post get completely buried by crap.

The whole scheme of making money to like posts on the internet is extremely shady to me.  The pump was also a giant just a manipulation of CMC.

You have the facts completely wrong.  Plus you have zero vision.  Zero.


Your probably right tbone.  I guess i should just go over to steem and post pictures of naked chicks to try to earn some cash....

Do you realize what an idiot you sound like?  Just curious.

Sorry I hurt your feelings again tbone, you are oftly sensitive... And I'm very sorry I don't think your ponzi, click bait centralized "blockchain" investment is a good idea.  Try pitching your steem story to people who don't use this forum.  I'm guessing you will have better success than just trolling me. 

Maybe i'm missing the boat and this thing is going to the moon, but I doubt it.  I'm not the only one who's tried it and left it... just look at the charts.

152
General Discussion / Re: An appeal to revitalize the forum
« on: August 15, 2016, 05:02:15 pm »
There is not that much to talk about now.

The product is stable.  No new features are being added other than maybe stealth at some point.  Not really any new projects.

Personally I think steem is just a giant circle jerk of people that post shit content in the hopes of getting upvoted by a whale.  The people that are making money are usually chicks who post half naked pictures while useful post get completely buried by crap.

The whole scheme of making money to like posts on the internet is extremely shady to me.  The pump was also a giant just a manipulation of CMC.

You have the facts completely wrong.  Plus you have zero vision.  Zero.


Your probably right tbone.  I guess i should just go over to steem and post pictures of naked chicks to try to earn some cash....

153
General Discussion / Re: An appeal to revitalize the forum
« on: August 15, 2016, 02:27:26 pm »
There is not that much to talk about now.

The product is stable.  No new features are being added other than maybe stealth at some point.  Not really any new projects.

Personally I think steem is just a giant circle jerk of people that post shit content in the hopes of getting upvoted by a whale.  The people that are making money are usually chicks who post half naked pictures while useful post get completely buried by crap.

The whole scheme of making money to like posts on the internet is extremely shady to me.  The pump was also a giant just a manipulation of CMC.

154
I am still yet to hear any convincing reason why this proposal could have a negative effect on bitshares.
Is there a consensus among the committee that demand for BitUSD is not the issue, it is the supply of BitUSD that is the issue?
If not from a worker proposal where does the committee suggest this supply should come from?

Another solution would fit nicely would be that all worker proposals are paid in BitUSD but this would require a hard fork.

@xeroc @bitcrab @Bhuz  @clayop @bitcube @abit @dele-puppy @BunkerChain Labs @ebit @Chris4210 @Harvey-xts

Trying to control the money supply in order to induce a bubble is very fed-ish.

Yes it may work to bolster bts in the short term, but it goes against the principles of many members. As a long term affect I believe it would further the belief that bts is centralized.  The effects of bts being more centralized are unknown, but I think centralization perception is the leading cause of the bts bear market.

155
Wow, that was...intense. I generally agree with Fav here though that this entire discourse was pretty damn embarrassing. Murderistic, people are going to cry scam and hurl insults at you. This is crypto -- it's fairly standard stuff around here. But attacking back with childish insults of your own is a terrible "business development" strategy and I would say demonstrates a very poor sense of business acumen. I've seen Mark react the exact same way as you have when he was called out and I was glad not to be a part of Banx when I saw that.

...Guess I'm just a bit disappointed that these things aren't more obvious, especially when we're talking about millions (potentially billions) of people's dollars here...


I can appreciate your position, however...

I have already attempted to communicate with Ian in a professional manner in the recent past.

Ian has reneged on his previous agreement.

Ian came here to attack me.

He started the exchange with an insult and name calling.

After the "question" was confirmed, he then made more disparaging remarks about me and was saying untrue things.

THEN I decided to play at his level.

Don't shoot a gun at someone and expect not to be shot at back.

I already tried the higher road with this guy, he likes the mud as is evident by his post.

He wants to try and pull what he did to Mark on me, sorry - not sorry.



The only thing childish was calling him fat and that he only runs when he sees the ice cream truck... 

Granted future president Trump talks like this, so I guess being a leader != acting like an adult.

156
bitCNY supply has almost tripled since the optimization recommended by bitcrab...

If we want bitUSD to become more liquid and have a tighter peg, we have a proven template... without the need to tap the reserve funds

Coincidence does not necessarily mean causality.

True, but it was the only smartcoin to increase its supply drastically. It was also the only coin to have the optimization. If the increase was not due to the optimization, I would expect the other smartcoins would have also increased their supply.  But they did not.

Perhaps we should try the optimization on a smartcoin that's not bitUSD to see if the same results as bitCNY can be achieved.

157
bitCNY supply has almost tripled since the optimization recommended by bitcrab...

If we want bitUSD to become more liquid and have a tighter peg, we have a proven template... without the need to tap the reserve funds

158
General Discussion / Re: Bitshares price discussion
« on: July 29, 2016, 03:18:23 pm »
Our chief expectation should be making the system more productive and useful and from there it will grow.

Exactly  +5% +5% +5%
Check out what we are doing with BlockPay...
https://steemit.com/steem/@kenCode/ann-blockpay-point-of-sale-system-for-all-digital-currencies
 
Slow and steady wins the race :)

Link doesn't seem to work

159
Gotta love the dogecoin image.. and "Merchants can even take Dogecoin!".

+5%

How is OPENPOS (the token) faring in the middle of all this? Is it still the token that will reward the hodler with a portion of transaction fees?

If so, how are those fees to be paid (BitUSD?), and is any action on the side of the hodler necessary, or your systems will figure out how much and to whom automatically?

Originally OPENPOS holders were suppose to receive 50% of all fees generated from the Oodoo pos systems.  I would think this would have to be figured out and distributed manually.

Ken has talked about OPENPOS holder getting a stake in his newly forming company, which I believe is Bitshares Munich, but was still looking into the legal ramifications of doing this.  Not sure what the status is for this though.

Looks like things are going well, but it definitely would be nice to know what the line is between this new ICO, OPENPOS, and Blockpay. 

160
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.

This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding.  Yet to this day AGS holders are still gaining vesting BTS shares.

The Cryptonomex team spent a whole year developing Graphene on its own sweat equity .  Yet, still gave it all away to the community.

Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.

Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.

I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.

How about delivering something to the BTS community instead of just "new investment opportunities".  I think everyone here has had enough of buying the next best thing (AGS/PTS/DNS/Brownies/BTS0.9/BTS2/Steem).

There were constant pump posts to buy bts based on "summer announcements" that never came to fruition.  Investors here feel like they were promised business development, but when everything fell through Bytemaster just jumped ship to a new platform.  It didn't help that he promoted doing sharedrops and abandoned this on the first new chain that he created.

You are saying CNX is doing things behind the scenes, but that has been the story for the last year... Nothing has been seen or delivered other than 2.0 itself.  This would all be cleared up if CNX created a worker proposal for a collateralized bond market or maker taker.

...and that's why I no longer publish details about what we are working on.  90% of all leads fail.  I tried sharing this stuff with you but all I got were posts like this.    Now you'll just have to wait and be surprised.

Then why did you even ask what it takes to earn trust around here?

I'm guessing you knew what the answer would be.  Why not comment on the idea of doing a worker proposal?

Proposals are based in part on what resources are available to work on them.
Resources are hired based on the availability of stable funding.
A constant battle over who controls the funding light switch means no one dares hire against any line item.
So the resources remain allocated elsewhere

:)

That excuse was already addressed by me in that thread.  A CNX proposal has never even been created.  You will have a valid argument if you create a proposal, get voted in, then get voted out.  Until then, your argument above isn't valid.

Xeroc is the largest proxy and could pretty much vote in any proposal he wanted.  I'm sure you wouldn't have to worry about stable funding.

The problem i'm seeing with CNX ability in gaining trust is their "it's not our fault" attitude.  You guys designed and managed the system for years... you take all the credit for the success's but try to deflect any of the problems. 

"A good leader takes a little more than his share of the blame, a little less than his share of the credit." --Arnold Glasow

161
And the main reason people don't trust CNX is that they took bitshares from a market cap of $100 million down to $7 million under their leadership.  That's a really easy way to piss off investors.  Having the "leader" (which Dan said his New Years resolution was to become a better leader for BTS) bail after cutting the market cap by 90% and inflating the supply all while alienating the Chinese community probably didn't help either.

It's really not that difficult to see why so many here have lost faith in CNX.  But like I said, if CNX actually delivers something the perception might all change.  It's a "what have you done for me lately" world.

162
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.

This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding.  Yet to this day AGS holders are still gaining vesting BTS shares.

The Cryptonomex team spent a whole year developing Graphene on its own sweat equity .  Yet, still gave it all away to the community.

Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.

Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.

I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.

How about delivering something to the BTS community instead of just "new investment opportunities".  I think everyone here has had enough of buying the next best thing (AGS/PTS/DNS/Brownies/BTS0.9/BTS2/Steem).

There were constant pump posts to buy bts based on "summer announcements" that never came to fruition.  Investors here feel like they were promised business development, but when everything fell through Bytemaster just jumped ship to a new platform.  It didn't help that he promoted doing sharedrops and abandoned this on the first new chain that he created.

You are saying CNX is doing things behind the scenes, but that has been the story for the last year... Nothing has been seen or delivered other than 2.0 itself.  This would all be cleared up if CNX created a worker proposal for a collateralized bond market or maker taker.

...and that's why I no longer publish details about what we are working on.  90% of all leads fail.  I tried sharing this stuff with you but all I got were posts like this.    Now you'll just have to wait and be surprised.

Then why did you even ask what it takes to earn trust around here?

I'm guessing you knew what the answer would be.  Why not comment on the idea of doing a worker proposal?

163
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.

This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding.  Yet to this day AGS holders are still gaining vesting BTS shares.

The Cryptonomex team spent a whole year developing Graphene on its own sweat equity .  Yet, still gave it all away to the community.

Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.

Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.

I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.

How about delivering something to the BTS community instead of just "new investment opportunities".  I think everyone here has had enough of buying the next best thing (AGS/PTS/DNS/Brownies/BTS0.9/BTS2/Steem).

There were constant pump posts to buy bts based on "summer announcements" that never came to fruition.  Investors here feel like they were promised business development, but when everything fell through Bytemaster just jumped ship to a new platform.  It didn't help that he promoted doing sharedrops and abandoned this on the first new chain that he created.

You are saying CNX is doing things behind the scenes, but that has been the story for the last year... Nothing has been seen or delivered other than 2.0 itself.  This would all be cleared up if CNX created a worker proposal for a collateralized bond market or maker taker.   

164
General Discussion / Re: Is Bitshares still growing?
« on: July 15, 2016, 04:20:04 pm »
Hi All,

From the outside it looks to me as if the founder and chief architect has moved on to greener pastures... ie Dan is the founder of Steem which is going off right now, worth millions etc

We have people handing down gratuitous "Thank You" posts as they cash out there hundreds of thousands in Steem shares, oh this is just wonderful... except I don't have any Steem shares. I am in Bitshares, perhaps stupidly believing the mantra of "long term investment"?

Is there anyone else here? Is there still a dev team? Is it business as usual, or is Bitshares dead in the water?

I too had a bit of a rude awakening when Steem ran up the CMC pole and am now educating myself as to what's gone on in the past six months with Dan et al.

My read at this point is that Steem is a potentially *massive* crypto project that was gamed to provide a much-needed capital injection for the Bitshares core dev team. There are now quite a few brilliant and motivated Bitshares devs that don't have to worry about bills for a while. Wonder what they'll get up to?

Yes, I'm a little pissed there wasn't more effort made to include the AGS/PTS crowd via sharedrop per the 'social contract'. However, doing so would make less capital available to the dev team, where it can be used to create exponentially greater value in getting Bitshares off the ground.

I have already substantially increased my BTS holdings and suspect many other investors are doing the same. Bitshares is a crypto that will be absolutely stunning when it gains momentum - biggest thing holding it back are the speed bumps of liquidity and payroll... and the steemroller just fired up. I still believe that Bitshares will be the first trillion-dollar crypto-asset. Where Bitcoin was designed primarily as a store of value... Bitshares was designed as an entirely new global financial system. I'm looking for $1 BTS in <12 months. Said that a few times now, but I'm going to keep saying it until I'm right.

Buy, hodl, prosper. I'm still pissed though. ;)

Just because Steem shows a high market cap on CMC, that doesn't mean it's actually worth that much.

The price has basically been manipulated that high.  The cap went from 50 to 300 million on $1million worth of volume.  The devs and steem holders may look rich on paper, but that wealth isn't real.

They have one medium sized exchange that allows on and off of steem.  The entry and exit door is so small that it has totally distorted the value of Steem.  If one of the "rich" holders tried to cash out 1% of steem, they would probably crash the price 50-60%.

165
Why would having high volume on the DEX for a smart coin be catastrophic?

All you are looking at is volume from different exchanges... The leader can change daily.

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