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Messages - oco101

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256
Well let's crowd found this and make a bounty . I have no idea how much will be need it for development though.

257
Muse/SoundDAC / Re: Best MUSIC DAC launch model for 2014?
« on: October 03, 2014, 11:38:27 am »
Even a 30,30,10,30 split might be a hard sell, because to outsiders it will look like 60% going to privileged investors and the people actually paying for it getting a measly 30%. How would you feel about crowdfunding a project like that, where you pay all development and startup costs for 30% of the stake. Just see the bitching about not getting 70% for providing no funds at all and talking about dilution and all that, if anything that only proves the validity of my point of view.

I agree completely.

258
Muse/SoundDAC / Re: Best MUSIC DAC launch model for 2014?
« on: October 03, 2014, 12:26:07 am »
So far nobody seems to know the answer to this next question.
Will this be a ecosystem where everybody can start up shop and issue their Brand/Songs whatever on the blockchain (without peertracks) and where peertracks just so happens to be first to market in this new specialized artist-blockchain ecosystem? Or is this a new ITunes style centralized website concept, but just with a more public database in the form of a blockchain?

The blockchain is used to issue artistcoin and where all the trading takes place,also is use for minting bitUSD collateralize  by notes .
 PeerTracks is the centralize  website where the song will be uploaded and downloaded and artist and user will register.  That's one of the reason they need lot's of money from the beginning , there is a lot of tech involved to pull this thing off,  a ton of work to be done off blockchain.
I like the hybrid system proposed by Cob, so they will have money at the beginning and then they can raise more as need it. I really thing this thing could really be huge but the execution must be perfect.

259
General Discussion / Re: mesh networking, last mile problem, and BTSX
« on: October 02, 2014, 09:43:28 pm »
Unless there is something really new and interesting that can be done with cryptocurrency.  And no, reduced stock trading fees is not going to do it.

I tend to agree that to have mass adoption it will be very difficult indeed, you right about that.
I think people are coming wherever there are money to be made. That's one of the reasons why, I'm thinking, the market behind BitshareX can attract a lots of people, maybe not the average Joe not at the beginning at least. One step at the time. Forex is 5 trillions dollars, how many average Joe do you know that are trading there ?

There is one thing tough that could attract masses of people and that is Bitshare Music. In my opinion this is the blockchain that could get massive adoption right away. Average Joe will not need to deal with bitcoin,btsx, blockchain cryposuff he'll just use it.  Bitshare Music it is the perfect way to educate people to the beauty of blockchain .  That of course if Bitshare Music would be working as intended, if the execution it perfect and if there will be enough money after IPO that they could deliver the best experience for the user. 

260
General Discussion / Re: mesh networking, last mile problem, and BTSX
« on: October 02, 2014, 07:21:16 pm »
Sounds like a stock/commodity exchange.  Guess what:  we already have those.  Go get yourself an e*trade account.

Guess what we already have banks and money  too. Go get yourself an bank account ......Bitcoin what the heck we need that!!!!
Since when you are trading CNY in stock/commodity exchange ??

261
General Discussion / Re: mesh networking, last mile problem, and BTSX
« on: October 02, 2014, 03:39:43 pm »
Merchants are already using Bitcoin.  How many of them are experiencing double spend problems by accepting zero confirmation transactions?  Almost none?  If they end up losing 0.05% of income to double spend attacks do you think it's that big a deal?  No.  What they are excited about is not having to pay 3% transaction fees, and losing 5% in charge backs.  7% improvements are a big deal.  0.05% improvements hardly even register.

A business account with Bitpay cost 300$ / month that 3600 $ a year. With BitshareX this could be much much less. I'm pretty sure merchants will care about that.

User doesn't care about any of that.  They just go to Circle and click the "peg to USD" button

Unless I missed something there is no "peg to USD", Circle is doing what Coinbase does, exchange between bitcoin and usd nothing much nothing less, yeah you may be able to use a credit card to purchase bitcoin that's about it.
Circle is a US company that offer 100% insurance on your found.  A guy for China or Greece has no access to it .  Circle is a company that can bankrupt like any other company, or can be closed bu the government, or if US dollars goes crazy well you are screwed, What users will do when they'll know there is a better solution out there and you can eliminate those risks ? 

You seems to underestimate the power of  bitAssets, there is nothing out there that can replace that. Now imagine if you tell a user, in your bank you can keep : 1 once of gold , 1 barrel of petroleum, 1/2 Google action, 1000 CNY etc., you can trade them when you want, you can sell them, you can do whatever, without  the need to go on Stock Market, Exchanges etc and it is global and almost no fees.  This has so much value even without yield. 

 Bitshare X versatility it is unparalleled because is decentralized and is universal(no Circle need it). Anything could be pegged that's extremely practical, imagine some things are only of interest in some country if there is enough demand you can put it on the market right way, with  no wait.

If you invest in bitcoin you expect to make money if the price it goes up. If you invest in Bitshare X  you can make money on so many ways.

Bitcoin stopped innovating a long time ago. Bitshares X is just getting started.

And yes P2Pool could help Bitcoin but very unlikely to happen : https://blockchain.info/pools

So yeah we don't really know how all will pan out but I believe there are enough advantages in favor of Bithsare X  that, even for ignorant user perspective, are enough to make it more attractive then bitcoin ecosystem.

262
Français (French) / Re: [request] translation for bitshares-x.info
« on: October 01, 2014, 09:19:18 pm »
J'ai commencé à faire la traduction parceque minerswing en a parlé sur le forum CryptoFr http://www.crypto-monnaies.com/topic/152/aide-a-la-traduction-bitsharex (en début de semaine)

Chuckone, ta traduction est déjà avancée ?

Message d'erreur lorsque je clic sur ton lien
Quote
Introuvable
Il semble que vous vous soyez retrouvés sur une page qui n'existe pas. Retourner à l'accueil.

http://www.cryptofr.com/category/14/bitshares

Ah ouais j'ai vu qu'en fait c'était accessibles qu'au utilisateurs enregistrés  :o (c'est corrigé)

D'accord ça fonctionne mais je ne vois pas la traduction.

263
General Discussion / Re: mesh networking, last mile problem, and BTSX
« on: October 01, 2014, 08:57:06 pm »
Bitcoin security cost  about 600 millions dollar a year, that's one of the reason bitcoin price is going down.
51 attack it is a very real possibility
No price stability whatsoever(unless of course you pass by centralized  company Circus  Bitpay. Yes user care about centralize or not remember MtGox ?  )
Fees are likely to go bigger and bigger on bitcoin
10 min transactions ( yeah I know not a big issue for you or the users but still ..)
Discus fish and ghash.io controls at least 40%-60% and it getting worst  (p2pool will never  be competitive with ghash.io)


BitshareX  has none of those problem.

-With BitshareX you don't need Circle or Bitpay, so for starters you have very low transactions fees  in BTSX  and  you pay  ZERO fees to Circus or bitPay. Now  what bitUSD you'll use ? 
-bitAssets give users yield.

264
Muse/SoundDAC / Re: Best MUSIC DAC launch model for 2014?
« on: September 30, 2014, 01:28:13 am »
if you want buzz and more people in the boad, maybe accept some coins with good trading volume

1. BTC
2. LTC
3. DOGE

so far everyone else ignors the alt communities, maybe this would be the right move. If you get the doge community you will get a lot of good marketers on our side.

Hmm I think this is could be a  good idea. It is true is easier to just accept bitcoin, but in the same time I think you'll bring a lot of new blood if you'll accept LTC  and dodge this will be a first. Almost every ICO has only used bitcoin so why not give it a try ? Also bitUSD I'm pretty sure will be ready by the time you start the pre sale.

265
General Discussion / Re: Negative Post about Bitshares
« on: September 29, 2014, 08:38:42 pm »
Yup indeed his philosophy is very different...
 
"What we need is an alternative, something cheap, plentiful and fast. Turns out there are quite a few options out there that meet this need, but my favorite by far is Dogecoin."
"LTBCOIN is not moving to Doge... yet... But as I've always said, LTB is focused on solutions in the new digital economy more than being a ra-ra we're all going to be rich about Bitcoin. If there is an obviously better solution to accomplish a given task, we'll use it."

Adam B. Levine

266
Muse/SoundDAC / Re: Best MUSIC DAC launch model for 2014?
« on: September 29, 2014, 08:02:39 pm »
Pre sale is good, you need tons of money for the whole project to work, there's so much to do off the blockchain  that needs a lot of money like uploading/downloading the music, make it easy and fun for users(easier said than done) , mobile apps, marketing, etc. Hopefully the pre sale will bring enough funds for this project to reach full potential. I rather have fewer  more valuable share from a perfectly executed DAC then a lots of worthless shares in a slow moving DAC. Time is of the essence. I like this hybrid model !!!!

267

But why would they do it now in 2014?

In a way he's deleting history. This could not be.. Something more is happening!! I'm mean you don't just go back to 2010 and start deleting posts .. Why ?

268
Muse/SoundDAC / Re: Ask me anything: BitShares Music and PeerTracks.
« on: September 29, 2014, 03:15:50 am »
Before midnight EST.

So.... 6 and half hours ^^


269
General Discussion / Re: BitGLD has 49 valid feeds. Here we go!
« on: September 29, 2014, 02:18:24 am »
Looks like there are a few grams of BitGLD circulating...

That’s one small step for man, one giant leap for mankind”



270
Muse/SoundDAC / Re: BitShares Music non-technical paper. Updated.
« on: September 28, 2014, 06:13:35 pm »
the way i see it as that i can buy with my notes certain peertracks which, if or when, become popular i make money. Also the notes themselve might go up in price just like btsx
You buy artistcoin and songs with bitUSD, notes will be backing your bitUSD in Bitshare Music.

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