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Messages - crypto4ever

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61
General Discussion / Re: Merger of STEEM and BTS
« on: May 30, 2016, 04:06:10 pm »
Furthermore, a good part of the reason people want to avoid using centralized exchanges is due to privacy concerns, and given that the trail is completely transparent on bitshares.......

[...]
No, I stand by my assertion that the biggest use for the platform was to act as a stablecoin bank. And without stealth, it's never taking off.
Would you use your bank if anyone in the world could check your balance online?

Me neither. Nor would 99.999% of the people.

Anonymity comes from "how" you obtain BTS to transfer in, and "how" you exit BTS, by gatewaying it out.

You shouldn't need anonymity within the Dex itself.

I really don't think that's the problem.

I think the problem is soley limited to: 

a) Ease of Use

b) Popularity (you need to use the Dex because everyone else is using the Dex scenario, just like facebook)

c) Education and Advertising as an ongoing effort.

The DAC and DAO, and DEX, all have one fatal flaw.  There's nothing in its design that encourages ongoing promotion of itself.

This is why large corporations (even Coke and Pepsi) to this day, spend gazillions promoting themselves.  Do you think if Coke & Pepsi stopped advertising they would lose market share?  They're industry leaders already.   Yet they don't chance it. :)

Sure, someone could make an offer to do promotion in exchange for payment. But this is a tragedy of the commons problem.  No one wants to spend BTS on something that may not yield a return, so they wait for "the other guy" to do it.  Problem is, we're all "the other guy", and none of us is doing it either.

BitShares as a Dex is a tool that is hoping to go viral without any significant adoption plan.   You don't create a tool hoping smart people will discover the tool.   If that was the case, the next infomercial on TV showing the latest gadget would be non-existent.  They'd simply create a new gadget, put it on store shelves, and "hope" that smart people would discover it in the store, or go by word of mouth.

Word of mouth, and smart people, are very limited ways of growing adoption, and are doomed to fail.

As soon as we realize this problem, perhaps we can fix it.

(Oh, and everytime we get a little "blurb" somewhere in an online article, that is nothing to throw a party about.  That's the very minimal of what we really require)


62
General Discussion / Re: IS BTS dead?
« on: May 28, 2016, 06:05:05 am »
Example:  White Swan #3 - A major whale suddenly picks BitShares as the best technology upon which to base its own planned offerings

How would a major whale "suddenly" realize BitShares was the best technology?

If no one is promoting BitShares, and we're just aimlessly drifting around, that doesn't sound like a great way of becoming noticed.

The equivalent of that is a small burger joint with the best burger in your neighborhood hoping that "suddenly" a whale investor will happen to walk in, eat the burger, and then buy out the business and turn it into a franchise for millions.

Problem is, there's plenty of small burger joints, that rarely get whales in like this..  The ones on Dragons Den and Shark Tank seem to do well, but that's only after being broadcasted to millions on TV

This suddenly scenario doesn't seem realistic or plausible by the business marketing plan "let's just do nothing different, and wait and hope for success"

63
General Discussion / Re: Claims of BM saying BitShares has failed
« on: May 24, 2016, 05:36:42 pm »
edit: jeez, would somebody please fix this forum software so that steemit links will work?
[...]
Can someone in contact with Bitsapphire please have them fix this? Thank you :)

SMF is used by Bitcointalk.  Do we not want steem it links to work their either?

It's trivial for steemit links to work with/without the @ symbol in them.

For instance, if you look at url forwarders like that tiny (url) service., they give you 2 different options in order to make links work.

steemit could be the same, offer 2 different url methods, which still show the same steemit page.  This way it won't interfere with SMF.  We shouldn't have to go to every forum and ask them to manually fix their SMF forum, whether or not, it's a broken feature of SMF or not.

Let's get steemit to accept a different url that is compatible with SMF and more generic.  It's obvious that normally you not see @ symbols in URL's very often eventhough it is an accepted character.

(..and yes, I have seen other sites using @ symbol in their URL. I am just saying, it isn't common)

64
General Discussion / Re: Move Bitsharestalk to Steemit?
« on: May 10, 2016, 03:20:38 pm »
Behind every successful entrepreneur is the heaping pile of naysayers she chose to ignore.

I don't believe this quote holds the same truth when it's a community entrepreneur.  Consensus and majority are important safeguards.

With regards to Steem, if it is indeed a better place for BTS discussions, then surely it will attract a better following.

The fair play here is to have both exist, and let users gravitate towards to more functional, more popular version.  People inherently will want to follow both.  The winning platform will be self evident in the next 6 months..

The last thing that should be done is to forceably funnel people where you want them.

Also, the historical posts here are vastly important. Are all of them going to be re-imported into steem?

65
Read the description on the video. It is an old video made at the end of 2014 when I believed a White Paper mattered.

I see.  The publish date of the video says "Published on Apr 21, 2016", my mistake.

I personally only heard about this in the last 2 days.  (Some how I miss these ICO opportunities until after they've begun).

I will continue to follow your progress. Good luck.

66
I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

All questions have been answered either by the current content or the FAQs page which can be found on the OP. I'm working. Regards.


Please link a reference to the whitepaper that was mentioned in the video that was released.  Where is the whitepaper? It's not found on your website as of today, nor in the OP.

See 01 min, 47 secs in this video, which is still up as of May 1, 2016 at 2:19AM UTC

https://www.youtube.com/watch?v=mOVsfPstzJU

You also answered every other part of my message with the exception of the whitepaper.

My guess is that the whitepaper hasn't been written yet, which means you are raising ICO donations before the whitepaper is released?  That's quite alarming.

If one exists, then my apologies, but please link to it asap, so we can have a technical reference of the design.

Surely the system design can be disclosed ahead of time before any actual program code is written?

67
I'll post the same questions here, that were not responded to at bitcointalk:

This project seems like an overly complicated take on micropayments to which the new currency, Sollars, adds very little (do you have any thoughts on this?).

Good answers to a few questions would help ameliorate my skepticism:

1) You seem to have no experience with any kind of tech startup or blockchain project. Do you bring anything other than marketing to this project?

2) Why should anyone give you/your organization 10-20% of the earnings from their films when this whole payment process could easily be entirely decentralized? What is that fee for and why should it not go to the content creators? In short, why do content creators need you at all?
 
3) You seem to be using terms "DAC" and "blockchain" as equivalents, which is not how I understand them. Could you clarify what you mean by DAC and how a DAC fits into your long term plan?
 
4) Your analogy to Uber is problematic. Anyone with a car can be a taxi driver via Uber. Not just anyone can create high quality media content. Making blockbuster TV shows and films takes massive teams of people and large upfront investments. It seems to me that the success of your project depends crucially on convincing wealthy producers that your system will make them more money than the system already in place. How will you do this?

I'm interested in hearing these answers too.  I scoured all over for the whitepaper that will talk about delivery mechanisms, but couldn't find anything.  There was a reference to "read the whitepaper" at the end of one of the videos, with no link in the youtube description.

If anyone understands what a mammoth undertaking this is...  it's going to take a long time, a lot of money, and a lot of bumps in the road.

If I stood up and said my name is Gary, and I've got a project called Gollars and Gents, to revolutionize the airline industry. Please buy into my ICO, and I'll release the fine details later.  (Right now I just have overview and faq material out), you would all probably tell me to get lost. :)

68
If there were an easy way to do something like this I would've already done so. The issue with relying on Cryptofresh or any external API is two-fold: reliability and connection speed. For western users the connection speed and latency most likely won't be an issue, but for Asian users it might cause further slowdowns. That said, I do agree we desperately need something like this so I'll look into making it happen.

svk, if you can do something... that will help.

I know when I first sync my light client, it says "no data" on certain charts until it makes a connection of some sort.

Similarily, if there is no feed available, it could say something like "feed temporarily not available".

I appreciate that you, and others on this thread have agreed, we need to bring more life to the bitshares client, so it seems live.

We want it to feel like constant action is going on, and gives a big hint that there is energy and regular trades happening minute to minute.

Someone mentioned that this might be a psychological gui feature.  Fine, I do agree with that. Psychological features can be just as important as logical code too. :)

Thanks


69

I'm new to trading, so I'm probably using the wrong language.

But most centralized exchanges when you first login to them (think BTC-E or BITTREX) show you "at a glance" which coins are being traded the most, and recent movements.

This shows that trading is happening live, and where the excitement is..

However when I login to bitshares2-lite wallet. I don't get this "at a glance" update, which makes the whole experience very static.  It gives the illusion that no one is trading, and that all markets are stuck and if I were the only one making a trade, well, I'd be the only one making the trade.

Now, I know I could go to cryptofresh.com and see this type of trading movement.

However, there's no ticker or anything inside of the bitshares 2 client that I can see that makes the client feel "alive".

I really think it would be nice if it could pull in an external feed from cryptofresh or similar.. Even something that gives a bit of info, and then to "see more" they could be directed to cryptofresh itself.

Does anyone know what I'm talking about, or am I just lost here.

70
So apparently if you trade on Cryptsy, as of recently, you can't expect to withdrawal your wealth.

Poloniex, the second contender to Cryptsy is all about KYC and official status. I have no idea how they are fairing during this Cryptsy outage.

Here is where BTS and decentralized trading matters......

I have a huge holding in a major altcoin that I'd like to convert, but shapeshift and similar projects don't offer a conversion.

Since Cryptsy and Poloniex have basically been limited (and sold to the regulation devil)

..and BTC-E doesn't carry my alt-coin...

Are we stale mated here in the alt coin trading world?

Of course it had to happen. The owner of altcoin decentralized exchanges had to make a few million dollars before the industry was regulated, and they registered themselves as KYC to keep it going as long as they could.  However, they knew the moment they did that, it would create a problem for regular altcoin holders who just wanted to trade altcoins without all the red tape.

Then comes the flashlight in the dark.. people who have holdings in various coins, that need a decentralized exchange, with a decentralized network, to keep the system working that we've all known over the last 5 or 6 years.

Fantastic. I think I'm talking to the right community, maybe those that have been in it this long to offer meaningful suggestions, much like I would try to do..

However, why can't I trade my altcoin #1  for altcoin #2, and the people I'd like to trade with during this urgent moment, are not a participant in the BTS / decentralized exchange concept?

We have the medium, the technology, the concept, and idea. But during urgent times, we'd be trading with early adopters and early investors of Inviticus instead of attracting other people "today" and altcoins "created today"...

If you've read this far, then PLEASE REPLY. Say something. You should be as concerned as much as I am about the changing landscape. You get what I'm saying (Cryptsy Dead. Poloniex Dead, BTC-E kind of dead, and MT-Gox dead... we're running out of centralized exchanges, but the exchange 2.0 that should survive without centralized exchanges is half-dead and not adopted yet. so now what?

Should we all wait 6 months for something right to surface?

Or should we really be concerned that if you have a couple hundred dollars of an alt-coin to sell / convert, you are basically dead in the water like a leaky ship simply because all the major exchanges are F*'d?


71
Technical Support / Re: Bitshares 1.0 to 2.0 is super confusing
« on: November 17, 2015, 02:33:08 am »
don't install the cli tools!

rather install the LIGHT-WALLET
or use openledger.info or bitshares.org/wallet

I already said:

I don't want to run a light wallet to depend on someone else's interpretation of the blockchain by discovering an IP in the forums or adding a manual config to attach my light wallet to their system.

I want to run a full node, so I can pull in the blockchain myself, and have my own light client talk to it

72
Technical Support / Bitshares 1.0 to 2.0 is super confusing
« on: November 16, 2015, 05:41:48 am »
I don't want to run a light wallet to depend on someone else's interpretation of the blockchain by discovering an IP in the forums or adding a manual config to attach my light wallet to their system.

I want to run a full node, so I can pull in the blockchain myself, and have my own light client talk to it.

Here's what I did on Windows:

1. I downloaded and installed the bitshares-cli tools. I was dismayed to find it wants command line switches, even in Windows.  I do know how to run Linux, but for simplicity sake, I want to start bitshares-cli and have a gui menu pop up and allow me to specify the command line switches with a graphic user interface in Windows.

2. So once I realized I can't run a full node with a gui interface without jumping to the cmd prompt, that proved to be very futile

3. So now, my last 0.92 Bitshares chain is now useless to me at this stage. I now sit unsync'd, and my wallet is dormant. I'm not seeing the latest enhancements or participating anymore.

My two questions are:

Q1) Why is running a full node in Windows non-gui, and why does it need to be so technical with command line switches and parameters?

AND

Q2) Even if Q1 above is true, why is there no walk through or youtube video produced that explains in layman's terms on how to download and sync your wallet and run your own full node if you want to in Windows?  I shouldn't have to read tons of wiki stuff, forum posts, etc. Infact there's no readme included with the install?

This is how user-friendly [sic] my bitshares2 directory looks:

c:\Program Files\Bitshares 2\

bin
unins000.dat
unins000.exe
unins000msg

That's what you get.

Double-click on witness_node.exe and an MSDOS window opens with red text complaining about paths...

Huh?

It seems that we're racing ahead by implementing the structure of Bitshares and the technology by leaving user-friendliness behind.

Hope that Bitshares isn't just built by geeks, "for geeks". Some of us don't trust other "Witness full nodes" and want to run our own "witness node" to download our own copy of the blockchain.  I know how bitcoin does it, and thought I could have my own BTS chain downloaded without jumping through too many hoops to do it.

If this stuff isn't easy for me, the last thing I am going to do is try and find friends and family to participate if I can't figure it out myself.

The purpose of this post is to bring awareness to those "already up to speed" in the project, who have been following its development to understand what someone like myself is seeing.  We may be leaving people behind here, and I'm one of them.

Help...

I'm a firm believer that a witness_node shouldn't open a black DOS window and complain about path errors...

It should be slightly (sarcasm) more user friendly than that...

73
中文 (Chinese) / Re: 900多万个DNS一个BTS都没领到
« on: June 05, 2015, 10:11:41 am »
我想很多中国人看不出有多大的BTS将在未来12个月。我对不起那些人。

74

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea. :(

75

Isn't there a chance down the road, as volume increases, that coinomat is going to have their Visa/Mastercard merchant account frozen and up for review?

What agreements do they have to ensure they can continue this business model in the long term?

Or are they simply going to keep leap frogging to different merchant processors until eventually they run out of gas?

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