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Messages - lil_jay890

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166
General Discussion / Re: [ANN] [STEEM] Introducing Steem, Looking for Witnesses / Miners
« on: July 13, 2016, 03:19:04 am »
Quote from: LoveYouMakMak on July 13, 2016, 01:58:26 am
The sour grapes here is funny. ByteMaster gave each of you an opportunity to get into Steem early. Now its a few people that are focused on getting work done, Peertracks scams and the test holding their Bitshares bags upset about Steem's success. Thank you anti dillusion crowd for forcing ByteMaster's hand, we owe you big time. :)

Paper profits make people so bold...

Just because they know how to manipulate cmc doesn't mean it's actually worth that much.  Anyone who thinks a price rise from 50 million to 300 million on 1 million dollars in volume has any validity at all has no idea how markets work.

If u are invested in steem and can get out, which I'm guessing most can't, do it now.  The action you are seeing should be throwing up a lot of red flags.

167
General Discussion / Re: Bitshares + Pokemon GO
« on: July 12, 2016, 08:21:14 pm »
Quote from: marcobitshares on July 12, 2016, 08:04:09 pm
Do we have any idea how to connect BTS and Pokemon GO?
Jane McGonigal apparently likes crypto.
First come first served

Maybe if they wanted their in game currency to be a UIA...

168
General Discussion / Re: Bitshares price discussion
« on: July 12, 2016, 04:47:59 pm »
Quote from: Shentist on July 12, 2016, 04:42:09 pm
any idea how to short it?

If one of the exchanges allows shorting STEEM... that's a virtual gold mine.

Not only do you get to take advantage of this minuscule volume pump, but you also have constant dilution on your side.

169
General Discussion / Re: Bitshares price discussion
« on: July 12, 2016, 03:38:50 pm »
Steem market cap goes from 50 million to 140 million on $450k volume... Meanwhile tiny BTS trades mostly unchanged on over $750k.

 This steem crash is going to be pure epicness.

170
General Discussion / Re: What bitshares should learn from steem
« on: July 10, 2016, 04:01:38 pm »
When Steem was announced, Dan talked about how this was the plan.

Super big, yet artificial, price pump to get eyeballs.  I still don't think it is as high as he thought it should get.  It's still moving up and my guess are people are going to jump on the FOMO train.

You can see that it is still in a downtrend when priced in BTC.  It shows how market cap on CMC can be manipulated via inflation and illiquidity.


171
General Discussion / Re: Steemit's Plan
« on: July 08, 2016, 03:41:52 pm »
Quote from: mike623317 on July 08, 2016, 03:24:50 pm
Quote from: Stan on July 08, 2016, 12:18:55 pm
Quote from: fav on July 08, 2016, 08:20:11 am
Quote from: Stan on July 07, 2016, 08:47:41 pm
Quote from: fav on July 07, 2016, 07:55:26 pm
Quote from: lil_jay890 on July 07, 2016, 06:35:40 pm
Quote from: CoinHoarder on July 07, 2016, 06:30:45 pm
FWIW- Dan first proposed most of the things he is doing in Steem here to the Bitshares community. You guys cut off his funding for said proposals- stating they were either unnecessary or declaring that inflation for development/improvements = bad. It is kind of the Bitshares' community's fault he has moved on from Bitshares to Steem. An employee must get paid for his work, or else he will look elsewhere for an employer that will pay him for working. Failure to see that to make a few dollars you have to spend a few dollars is entirely on the Bitshares' community. Short term greed stymied Bitshares and will be its eventual downfall.

No one cut off his funding.  Dan never even created a worker proposal.  Total bullshit saying that BTS won't pay for any development as there are 2 workers being paid already.

this. don't twist the facts please @CoinHoarder

Not this.  Don't abuse your power as a moderator @fav.  This is not a random discussion.

steem is an alternative currency and has nothing to do with bitshares. moved as usual

So a discussion of how Steem and BitShares complement/compete with each other in the coming months is not relevant?  Most of the posts in this thread seem to me to be more about Bitshares.

A discussion of how Steem and BitShares complement/compete with each other in the coming months is exactly whats needed. Its not a blame thing, hopefully steemit pulls bitshares up and we can employ things that are working over there. I'm not techie enough to understand how steem can benefit bts, thats why i think a discussion would be helpful.

The action on coinmarket cap for steem is deceiving.  The supply is increasing, but so far there has been very little trading going on.  Because of this it looks like Steems market cap is growing fast (because they are inflating the supply while no one can get out).  BM designed steem to show a huge market cap.  So far market cap is moving positive, but I doubt it is anywhere near high enough to where Dan expected it to be trading.

Once people start trading out of steem i'm guessing it will be a shit show.

172
General Discussion / Re: Steemit's Plan
« on: July 08, 2016, 01:33:22 pm »
Quote from: Stan on July 08, 2016, 12:18:55 pm
Quote from: fav on July 08, 2016, 08:20:11 am
Quote from: Stan on July 07, 2016, 08:47:41 pm
Quote from: fav on July 07, 2016, 07:55:26 pm
Quote from: lil_jay890 on July 07, 2016, 06:35:40 pm
Quote from: CoinHoarder on July 07, 2016, 06:30:45 pm
FWIW- Dan first proposed most of the things he is doing in Steem here to the Bitshares community. You guys cut off his funding for said proposals- stating they were either unnecessary or declaring that inflation for development/improvements = bad. It is kind of the Bitshares' community's fault he has moved on from Bitshares to Steem. An employee must get paid for his work, or else he will look elsewhere for an employer that will pay him for working. Failure to see that to make a few dollars you have to spend a few dollars is entirely on the Bitshares' community. Short term greed stymied Bitshares and will be its eventual downfall.

No one cut off his funding.  Dan never even created a worker proposal.  Total bullshit saying that BTS won't pay for any development as there are 2 workers being paid already.

this. don't twist the facts please @CoinHoarder

Not this.  Don't abuse your power as a moderator @fav.  This is not a random discussion.

steem is an alternative currency and has nothing to do with bitshares. moved as usual

So a discussion of how Steem and BitShares complement/compete with each other in the coming months is not relevant?  Most of the posts in this thread seem to me to be more about Bitshares.

Problem I see is that in Dan's "steem world domination" post, he neglected to mention anything about bitshares.  Even after commentators said steem is "bts done right", he didn't refute that.  It seems like he is getting closer to creating a direct competitor to BTS, and this is after he said BTS and Steem are so far apart that they couldn't be competitors and that's why he could focus on Steem.

He could smooth many things over if he talked openly on how BTS and Steem would work together, instead of focusing solely on Steem.  People feel like they paid him (which they did via PTS/AGS/BTS.9/Brownies/DNS/BTS2.0) and got very little in return.  There were many promises, both technical and business, that were made..  One can argue that 80% of the technical ones were delivered, but nearly all the business development promises have fallen flat. 

173
General Discussion / Re: Steemit's Plan
« on: July 07, 2016, 08:56:32 pm »
Quote from: fav on July 07, 2016, 07:55:26 pm
Quote from: lil_jay890 on July 07, 2016, 06:35:40 pm
Quote from: CoinHoarder on July 07, 2016, 06:30:45 pm
FWIW- Dan first proposed most of the things he is doing in Steem here to the Bitshares community. You guys cut off his funding for said proposals- stating they were either unnecessary or declaring that inflation for development/improvements = bad. It is kind of the Bitshares' community's fault he has moved on from Bitshares to Steem. An employee must get paid for his work, or else he will look elsewhere for an employer that will pay him for working. Failure to see that to make a few dollars you have to spend a few dollars is entirely on the Bitshares' community. Short term greed stymied Bitshares and will be its eventual downfall.

No one cut off his funding.  Dan never even created a worker proposal.  Total bullshit saying that BTS won't pay for any development as there are 2 workers being paid already.

this. don't twist the facts please @CoinHoarder

Point is, no one "cut off" Dan's funding.  He never even tried to get funding from BTS via worker proposals.

You can't end something that never started.

174
General Discussion / Re: Steemit's Plan
« on: July 07, 2016, 06:35:40 pm »
Quote from: CoinHoarder on July 07, 2016, 06:30:45 pm
FWIW- Dan first proposed most of the things he is doing in Steem here to the Bitshares community. You guys cut off his funding for said proposals- stating they were either unnecessary or declaring that inflation for development/improvements = bad. It is kind of the Bitshares' community's fault he has moved on from Bitshares to Steem. An employee must get paid for his work, or else he will look elsewhere for an employer that will pay him for working. Failure to see that to make a few dollars you have to spend a few dollars is entirely on the Bitshares' community. Short term greed stymied Bitshares and will be its eventual downfall.

No one cut off his funding.  Dan never even created a worker proposal.  Total bullshit saying that BTS won't pay for any development as there are 2 workers being paid already.

175
General Discussion / Re: Why is Bitshares rising in price?
« on: June 29, 2016, 11:53:10 pm »
Quote from: ag on June 29, 2016, 11:08:05 pm
I didn't think it's hard to predict. every couple months...


Only ing bullish about this one is that it didn't go all the way back to the lows... Maybe it can finally make a real move higher

176
General Discussion / Re: Bitshares 3.0 - It Is Time
« on: June 28, 2016, 11:26:59 am »
Quote from: BunkerChain Labs on June 27, 2016, 10:04:47 pm
Quote from: arhag on June 27, 2016, 08:23:41 pm
Quote from: CoinHoarder on June 27, 2016, 06:56:23 pm
but disdain for idea #1 should not be a reason to write off the other ideas.

Absolutely. Bootstrapping liquidity is very important. And for the DEX to actually be decentralized, we really need something better than OPEN.X assets which have all the counterparty risk that centralized exchanges have. Multisig sidechains are one way of solving that. Can you explain what the  SuperNext and B&C Exchange model for solving the counterparty risk problem is?

Great.. we need liquidity... how?

maker/taker rewards?

What does that look like?

What would be enough to attract traders?

How much liquidity is enough liquidity?

I've posted dozens of times about how to get traders. Kind of getting tired of typing it over or digging up the threads since it never seems to go anywhere...

I'll try to dig up the threads though.

177
General Discussion / Re: Bitshares price discussion
« on: June 28, 2016, 11:23:14 am »
What's with the nxt rally? That has put any bts bounced to shame

178
General Discussion / Re: Bitshares 3.0 - It Is Time
« on: June 27, 2016, 02:16:09 pm »
I agree that liquidity is the most important thing we need to get going in order to increase the BTS toke value... I think it can be done in a less aggressive way than what the OP is suggesting.

We need to focus on forex traders.  This is the demographic that the Dex is geared toward already.  There is a common belief that we need microscopic fee's to entice traders.  That's not true.  Traders demand liquidity and are HAPPY to pay a fee as long as there accounts are secure and there orders are filled immediately.  A fee of .10-.25 per filled trade is so small a trader wouldn't even blink an eye.  @Empirical1.2  has had a few good posts about increasing liquidity.

If we are able to increase liquidity on a few smartcoins then traders will come.  Once the traders start trading, bts will finally be generating a profit.  By generating a profit BTS becomes more like a company and its shares become more attractive.  Speculators enter the system and buy BTS while also trading and dabbling within the system therefore creating more liquidity for smartcoins.  More liquidity means more traders means more fees means more profit means higher BTS price.  It's a circle and can be done without a hardfork.

I do agree with some here, that a hardfork snaphshot that changes the supply would be the death knell for BTS.

179
General Discussion / Re: Designing a logo for BlockPOS..................
« on: June 26, 2016, 08:49:04 pm »
Quote from: kenCode on June 26, 2016, 08:30:32 pm
ok @tbone you got it, the product is now BlockPay
 
BlockPay "S" (the standalone app) and BlockPay for Odoo will have to be edited in those apps in the next couple days which pushes their release back just a bit, but after discussing this with chris and rodrigo, they agree that we should not use POS in the name.
 
Giropay, worldpay, chasepay, paypal, vpay (visa) - a lot of the major networks all use the word pay in their name too, so if we are going to compete with those guys then we might as well have a name that is similar.
 
We got our logo decided upon a couple hours ago too, I hope you like it:

For Press releases (CC BY-SA 4.0): https://ipfs.pics/ipfs/QmNZQeZoAoqVb2cYGfzNApw4WJTuuoQ3VRiQvAGEWb4hKY

Great work Ken and tbone.

I like blockplay much much better than POS.  Thank u for taking the communities input.

180
General Discussion / Re: Designing a logo for BlockPOS..................
« on: June 26, 2016, 01:57:10 pm »
Quote from: onceuponatime on June 25, 2016, 05:28:31 pm
Quote from: lil_jay890 on June 25, 2016, 01:49:23 pm
Everytime I see POS, I immediately think "piece of shit".

I didn't even like the name OPENPOS, but didn't think it was a big deal since it wasn't consumer facing.

Ken, is there any way you could remove POS from the logo?

You want Ken to make a major change from opinion in a sample size of one?
Just because I'm the only one who says something about it doesn't mean I'm the only one thinking it.

Plus I'm one of the largest shareholders, so it is in my best interest to bring up things that I think could be improved.

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