I feel like bitshares is stuck between is it a platform for other businesses/developers to build on or is it an exchange company?

In either case there are design issues.  For example no way people are going to build on a platform where in order to get your app/business on you have to get people to vote for it etc.

Alternatively look at ethereum...its clearly a platform that wants others to build on top of it.  And many have already.

We all have complains and concerns. I've complained about the lack of micropayment capability as being a main hindering factor. I've complained about the lack of bonds or similar functionality as being a limiting factor. Of course there is no place to collect yield in Bitshares 2.0, so of course there are a lot less people holding in Bitshares 2.0. What did anyone expect?

And of course BitUSD isn't successful because without micropayments it never will be. People around the world and in poorer parts of the US are getting paid in what Silicon Valley developers would call micropayments. Without the ability to pay micropayments you miss the majority of payment types which take place online.

Now it's time to be tough. You can either hold no matter what, even if BTS goes to  0.001 and lower, and wait the situation out, or you can sell now and get out before the next seemingly inevitable price drop. Until the exchange has bond markets, lots of unique assets, prediction markets, stealth, and we have micropayments, we can't really say Bitshares 2.0 is good enough to deserve a $100,0,000,000 marketcap or even a $50,000,000 marketcap.

Bitshares is at a low price because that is where it's current utility is. Unless more utility is built around it, it's not supposed to be priced higher than it's worth. Ethereum is actually over priced due to hype and should be $20,000,000 or less, but it's Ethereum.

BitUSD will never work without micropayment capability. It's impossible to market it to the globe without micropayments. It's impossible to have a truly useful global currency without microtransactions.

With micropayments a worker can take the job which pays a penny or less. You can't offer these jobs at all right now because you don't have the capability to do it decentralized. This means the majority of workers in the world will have to go somewhere else to work, which means BitUSD is useless since less than a few hundred people have ever earned it directly and most of us on the forum haven't even earned it.

Brownies are only slightly better but it's totally centralized distribution. EarnBitshares can work if there are micorpayments, and if there aren't, then some substitute currency can work in the background and be exchange for Bitshares to create demand. But either way, micropayments are the only way the whole world will care about Bitshares.

http://bytemaster.github.io/update/2015/12/31/Mutual-Aid-Society/

What about the effect of compound interest on this? If a person keeps paying in, and paying in, eventually what they pay in can snowball.

https://en.wikipedia.org/wiki/Compound_interest

@Stan

The entire "cryptocurrency isn't property" argument is really hard for me to follow.

Any "property" which you can't protect with your body (the theft of which would then require violating NAP) is protected for you by the government via property laws.

Your car deed is also a shared societal perception that the car "belongs" to you. If I come hotwire it while you are asleep, by your own reasoning I have not violated NAP.

A lot of anarchists don't believe in property rights other than what you can carry, and it's not an invalid argument, I just think it's not what you actually believe.

Personal property vs private property. Personal property is the most essential property to defend while private property might just be owned by a corporation or by some sort of a cartel.

Quote from: Shentist on December 24, 2015, 09:35:18 am

so guys 1 day left till the fundraiser ends.

you can still buy the METAFEES via BTS on the internal market or via metaexchange.info with BTC, ETH and NXT.

We will do the next buyback after the chrismas days, but not sure about the exact date yet.

We wish everyone the best

Your metaexchangeteam

monsterer and shentist

Since metaexchange lost some money during the Chrismas days, I assume there would be no buyback until the loss is covered?

How did they lose money?

Quote from: btswolf on December 21, 2015, 04:29:44 pm

Quote from: Thom on December 20, 2015, 11:06:44 pm

May I point out the period under the "earn what you want" is no good for many developers, such as those in the U.S.A., assuming you meant "up to  $1000 a day" not "$1 a day".

@jakub, he said "nice to have" not "requirements" or "essential Skills".

I do think it would be better to soften the list more, and be more explicit. Perhaps just had an "Important Skills" section and add React, javascript, CSS, HTML under that.

thx. good points.

@btswolf , I can see you've amended the text but still I think further modifications are needed:
(1) Those skills are not "nice to have", they are requirements. Without them a person is useless for us. At this stage we are not in a position to pay someone while s/he is learning new stuff. We need experienced coders who know what they are doing.
(2) We should split the skills into two alternative sets. It's very rare to have a C++ and JavaScript coder in one person. It's enough if a person is good at C++ or React.js.
(3) I'd remove  "big data", "machine learning" and XML. Those skills are not related to the job spec.

I would keep machine learning. Machine learning will be extremely valuable in this space in the near future, and I would keep big data also because again thinking the next year or so it could become extremely valuable. It might not be immediately obvious but sometimes you want to attract people who will have long term value or at least interests in these topics.

Now the question is, with this video only being in english, what about China? The biggest market?

What about most of Europe? Americans probably aren't the only or best target audience for CCEDK so how do we reach the biggest demographics (like China?).

Other than that it's a good video, we need video ads. We need ads in general.