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Messages - btswolf

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Technical Support / Re: Membership Fees
« on: May 27, 2017, 09:18:19 am »
Still waiting on price to adjust.  I'm trying to set up lifetime membership and create a token.  Right now all fees are crazy high including just transfers.  Without the low fees what advantages does this exchange have over others...?

here are SOME of the advantages
no account freezes
counterparty risk free
high speed
shareholder friendly
User issued Assets
black- and whitelisting
I could go on and on.

But yeah it is not perfect and maybe not the cheapest in every aspect.

General Discussion / Re: BitShares basic diagrams by BTSwolf
« on: May 24, 2017, 09:50:13 pm »
new post
BitShares - Basic Connections Layer

General Discussion / Re: BitShares basic diagrams by BTSwolf
« on: May 16, 2017, 09:14:05 am »
+5% these graphics are very cool. Can I use them for BitShares presentations at Universities? I am there from time to time to get people started with Blockchain and BitShares.
Of course, they are free to use and copy at will.

General Discussion / BitShares basic diagrams by BTSwolf
« on: May 14, 2017, 07:16:21 pm »
Hi guys,

I started a series of BitShares related diagrams on steem.
Check it out.[member=32866]btswolf[/member]


General Discussion / Re: Dan's Next Project - EOS Rears its Head
« on: May 13, 2017, 02:44:17 pm »
From steemit:

dantheman73  ยท  13 hours ago
We will not be doing a share drop on anyone.

 i wonder what's left for the most fair distribution method then

So long as 'the most fair distribution method' includes BTS 2 shareholders, or that EOS is not a competitor to BTS 2, leaving BitShares 2.0 to carry on running as normal.

Is EOS the next steem? If so, great

Is EOS a replacement for BTS 2? ??!?!!?

I think this is the 3rd scenario where Dan and Stan's titilating and teasing has degraded shareholder confidence.
Which makes bts a less-appealing value proposition to the as-yet-uninvested

I assure you there are sound business reasons for releasing information as fast as we can and no faster.

I point out that any time we get ahead of ourselves and say something that later changes we hear about that even more.

Then there are the wishes of other partners to consider.

Nothing is done in a vacuum.
Regarding the method of releasing information, fair enough. I understand that

BUT the prospect of a complete overhaul of BTS 2.0, into a new system, with a NEW 'fair distribution model' is quite alarming.
I suppose you could argue that BTS 2 shareholders have got what they paid for from Dan already, and that he owes them nothing. True.

But if EOS is a system that completely undermines the wealth of BTS 2 shareholders, then what's to say that Dan won't find cryptonitesupercode language better suited to blockchains in 2 years time? And replaces EOS again?

If Apple took investment from the public to build a iphone 8, built the iphone 8, and then immediately released a newer-shiner iphone 9 that Apple had worked on behind the scenes with their own capital (i.e released a product that is not beholded to the shareholders of iphone 8).

And then decided to sell the iphone 9 in a 'fair way'. The iphone 8 investors would all be bag holders.

I understand that this analogy has several holes in it but I cant think of a better way to get my concerns across.

I know you can't release certain information; but is 'Don't worry BTS 2 shareholders, we aren't going to fuck you over' that much to ask for?

I understand.  To be clear, I'm not an EOS insider and don't have enough insights to comment.  I'm just saying that as a BTS maximalist, I'm looking for what is the best move for BTS given the advent of EOS.  To me it seems like an opportunity to do a 2.0 -> 3.0 upgrade at some point if for no other reason than to prevent someone else from doing it without a 100% sharedrop on BTS 2.0. 

This is like Microsoft releasing Office on MacOS so that a competitor can't gain traction there.

And I view EOS as an operating system vs BTS as an application.
Although it may be better to say
"BTS is a platform for coins and  EOS is an operating system for platforms", but that's just my outsider's impression.
It's like moving our store from inside our own house to the shopping mall of someone else to operate under their new rules and not ours.
Today BitShares shareholders do have 100% control over the application, the blockchain itself and its settings. That's power we would probably lose running on EOS.
It's like moving a centralized exchange to BitShares ^^
Not saying it does not come with benefits but also not without risks.

Is there a need for a ReactJS developer? I have been using React for about two years now as a web app developer. Is there any kind of structure/coordination in terms of development?
Of course there is need!
Do you have some references to show in public?

General Discussion / Re: Lieftime Membership
« on: May 07, 2017, 11:29:56 am »
As LTM you can earn some profit as referrer.
How much you earn depends on the people's activities (fees) you have referred.
It is not buyin and get a fraction of all the network fees.

General Discussion / Re: Committee Proposal: Network Fee Adjustment
« on: May 01, 2017, 10:58:37 am »
I think fees should reflect a reasonable amount in USD but since fees are paid in volatile BTS the fees should be rounded up or down.
We cannot say fee x costs 0.25 cents and y costs $1 because that is only true in the moment the fees were adjusted.
No, I don't think fees should be adjusted automatically, I believe the committee is responsible to that manually from time to time and when necessary.

We cannot publish information like fee x is $z because that fluctuates.
Conclusion: We need fees that represent a reasonable amount but in simple BTS numbers.
"asset_issue[14]": {
        "fee": "2.64 BTS",
        "price_per_kbyte": "1.468 BTS"
        "fee": "1.306 BTS",
        "price_per_kbyte": "0.726 BTS"
that are totally unusable numbers.
make it 1 or 2 or 1.5 but not 1.306

If someone does a transaction he needs simple numbers in BTS to calculate!

Technical Support / Re: Recent hacking by doris-payne
« on: April 28, 2017, 10:35:29 am »
how do you register via compumatrix? do they offer their own wallet (would explain everything), or do they forward to openledger?
yes, https://

General Discussion / Re: Where to get Tx in "Recent activity"
« on: April 06, 2017, 07:10:34 pm »
... or, which is down at the moment.

General Discussion / Re: Trading Stocks in Bitshares DEX
« on: April 03, 2017, 07:09:14 am »

General Discussion / Re: Simple Bot integration to GUI
« on: March 26, 2017, 08:59:04 pm »
Hm, I don't get why this would need a centralized server?
Have you checked the usual bitcoin trading bots? I think many of them are running only locally and connect to exchanges directly.

General Discussion / Re: Simple Bot integration to GUI
« on: March 26, 2017, 06:40:56 pm »
Thx, but I am talking about a Light Wallet integrated bot.

General Discussion / Simple Bot integration to GUI
« on: March 26, 2017, 06:00:09 pm »
It is not a secret that bots are required to provide increasing liquidity on the dex.
I believe it would be a huge benefit if the average joe would be able to use a bot through the main GUI.

I for example do not trade actively on the DEX, just because I am not a daytrader and it costs too much time to hunt for profit. But I have some money that I could use to provide liquidity if there was an easy way to program a bot through the GUI.

I do not trust external bots and do not want to rely on them.
If the GUI must be active in order to run the bot would be no problem for me.

What would be needed to get this feature integrated in the GUI?

Does that help ?

General Discussion / Re: COMPUMATRIX COMPUCEEDS investigation
« on: March 08, 2017, 08:39:44 pm »
If all they see is negative speculation about their project, how many do you think will stay?  In this case,there are 115,000 new potential BitShares users likely to be stopping by. It this the kind of thread we want them to see?

1 year later
1,635 new "users"
go go go

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