I like the concept of allowing people to store data on some peers, and letting the market decide the rate at which the storage costs. This is in contrast to storing on chain or in the cloud, both of which are inefficient or undesired in the later case.

Redundancy becomes a major issue so I'd like to hear about this new idea of using delegates perhaps as redundant data servers incase peers shutdown and data "shards" need to be reconstructed.

Perhaps the best first step would be to use all delegates to offer their VPS storage capacities (which they probaly arent using unless its the chain folder) to offer free storage services for something like maidsafe or storj... then people can store data via delegate "shards" and it will be limited to the storage capacity of the delegates. If market desires more data then more delegates can be voted in with bigger storage capacity.. creating a secondary market for delegates other than what we have now. Now we have free storage which delegates are paid for, funded by the blockchain and an added incentive for new delegates to stand up with bigger storage facilities, making a profit aslong as their storage costs < delegate pay. We need to leverage the server machines as much as possible and create value added services such as this. Perhaps a revenue generation model would be to buy more space than is available or add extra redundancy for X amount of bts per day or something.

The downtrend that started on the 21st is meeting the uptrend that started on the 24th. These two waves will resolve in either direction by October 30th. I have no idea which direction it will move, but certainly by Wednesday or Thursday we should see some more dramatic movement.  My two bts.

Quote from: jsidhu on September 28, 2015, 06:39:51 pm

its just funny seeing the cycle repeat, although now people can short and make money through a nice interface (polo) so people are actually benefiting.

I think without real world use cases and real demand on the token, its hard to justify a rise in prices given the fact that development timelines are years in the future. The leaked chat confirmed this.

I would make the argument that the ability to short will actually make the dips shallower.  The fact that shorters have to cover should dampen big dips.  It still baffles me that governments that think banning short selling will prevent the market from declining, when in fact it does the opposite.

Thats true, i think they ban short selling in times of emergency like when the bond vigilantes did their thing with Greece. In the end you cant "ban" a normal market function, it will ruin any confidence in it.

It may cause short squeezes, although it also can cause big crashes if big whales get in.

its just funny seeing the cycle repeat, although now people can short and make money through a nice interface (polo) so people are actually benefiting.

I think without real world use cases and real demand on the token, its hard to justify a rise in prices given the fact that development timelines are years in the future. The leaked chat confirmed this.

It prob started as a quick scalp but his greed took over to try to atleast break even.. That move up few weeks ago caught alot off gaurd., i bet the market teaches him a lesson, seperate fools from money is the game.

Quote from: jsidhu on September 26, 2015, 10:16:53 pm

Quote from: Ander on September 26, 2015, 08:56:14 pm

BTS looking more and more bullish with every short term higher high and higher low.  WE'll break 2800 soon adn the start rocketing I think.

Maybe... but should never go against the grain which is up since we know a new release is coming and theres interest. To me doesnt make sense to try to trade minor swings because it will be net negative if you happen to miss big moves.

Making 2% a week short term trading bts will make you more money than holding bts ever could.  People get too focused on hitting home runs that go up 10x.  There is a reason compound interest was called the eight wonder of the world.

True but 2% a week is tough especially scaled up

Hint given.. Its a baby bull! Aww

Quote from: jsidhu on September 25, 2015, 09:42:56 pm

web socket doesnt connect on my work computer because anything but port 80 is blocked externally...  so i see a blank grey page

I agree that we need a better failure mode for websocket failing to connect.

Can you use port 80 for the web socket, since the website is using 443.