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Messages - bitacer

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106
General Discussion / Re: Bitshares price discussion
« on: January 29, 2016, 09:29:59 pm »
@tonyk I really hope that you don't leave us anytime soon. For what is worth I find your criticism on the spot most of the times..Some times you over do it but it is understandable...
Remember that you are not the only one losing lots of money with bts though..Lots of people lost everything the last couple of years with bts including my self..
However I still have a lot of faith on the project. The tech has potential and bts doesn't deserve to be where it is now..So my advice is keep the faith..Better days will come..I hope..

Of course comments from @bytemaster "I confess to selling from ANGEL today to cover some expenses.   Unfortunately, I sold just prior to the big pump :(  " do not help keep the faith...I mean for the love of god mate...What pump are you talking about?? from $7 mil to $10 mil? Seriously?? I thought that we believed as a community that bts should be valued above $50 mil at least..It should be valued above DOGE or Dash at least.. And then the core dev says things like that I am asking and asking my self why on earth I still believe in bts, why not sell everything take my losses like a man and move away from this community forever...

Don't give-up man, I don't think many-- including some of the devs--  still realize the true potential of this project.  And that is to remove the concept of money out of whole equation of economics. This technology should only focus on facilitating LABOR and EXCHANGE without diluting the means. So-called financial instruments are nothing but dilution , they are the result of humankind's desire to have control over time-space. A global ledger where anything can be traded is phenomenal idea. We need to get rid of old habits-- MONEY!

107
All this time and cob couldnt get a Hip Hop artist or a rapper on board ?  How can he convince investors for anything ?

We don't know at this point if they've signed on any known artists. The question was asked under the Cob question thread. It's wait and see at this point.
yes lets wait

109
Muse/SoundDAC / Re: Simple little vid for you guys
« on: January 28, 2016, 04:01:07 pm »
Yes we should wait couple of more years.

110
Muse/SoundDAC / Re: Unanswered question thread
« on: January 28, 2016, 11:20:18 am »
Have you ever tried contacting a Hip Hop artist or a Rapper in U.S.? Name us only one .

111
All this time and cob couldnt get a Hip Hop artist or a rapper on board ?  How can he convince investors for anything ?

112
General Discussion / Github Offline
« on: January 28, 2016, 01:40:41 am »
Anywhere else that we can download the new version (jan27-2016) ?

113
Stakeholder Proposals / Re: *CI/UI/UX Design / Web Development - cass
« on: January 27, 2016, 10:16:54 am »
My condolences too . Sorry to hear that..

114
General Discussion / Re: Locking up Bitcoin for BitUSD
« on: January 26, 2016, 06:11:30 pm »
You have just described the current fiat monetary system we have now. Thank you

Exactly, hence trustless bitassets are better because they require collateral and supplies can't be gamed and the asset doesn't depend on anyone to survive. If a business with a privatized asset went bankrupt most likely their assets would become worthless. With trustless assets that doesnt happen

Could you give me an example of each please, for a trust-less and the rest

115
General Discussion / Re: Locking up Bitcoin for BitUSD
« on: January 26, 2016, 06:09:50 pm »
What do you think about BTS being locked against  issuer's asset?
I don't understand your question :(

something like BTS backed asset
aren't all current bitassets backed by BTS?
you can have your own privatized bitasset be backed by BTS .. or any other asset ..
but you can not have your UIA be backed by BTS .. at least not in a trust-less manner
many are backed by promise of future returns, and then that expectation is traded with bts , at that moment what happens is that we create extra bts in the system , because those bitassets now have the purchasing power of those bts. right now 1 million BTS worth of OPENPOS in the system means there is 1 million BTS more as a purchasing power which is represented by the OPENPOS . No?

116
General Discussion / Locking up Bitcoin for BitUSD
« on: January 26, 2016, 05:27:15 pm »
You have just described the current fiat monetary system we have now. Thank you

117
General Discussion / Re: Locking up Bitcoin for BitUSD
« on: January 26, 2016, 05:07:33 pm »
How do I create a privatized bitasset?

118
General Discussion / Re: Locking up Bitcoin for BitUSD
« on: January 26, 2016, 04:19:29 pm »
What do you think about BTS being locked against  issuer's asset?
I don't understand your question :(

something like BTS backed asset

119
General Discussion / Re: Locking up Bitcoin for BitUSD
« on: January 26, 2016, 02:31:19 pm »
What do you think about BTS being locked against  issuer's asset?

120
General Discussion / Re: Locking up Bitcoin for BitUSD
« on: January 26, 2016, 12:41:46 pm »
Would it be possible to lock-up Bitcoin or Ether as collateral to create BitUSD? Attracting large communities with useful features seems like a nice win.  As a more out there question, would it be possible to transmit Bitcoin over the Bitshares network so it could take advantage of the 3 second transfer times (something to do with autobuy/sell BitBTC)?

I would say lock-up BTS to create any asset, UAI for sure. In an earlier post I gave the example of MILK and CHEESE , in a real world if there was NO concept of money existed , how a cheesemaker create a cheese ? by locking-up the desired amount of MILK in the CHEESE. Does that make any sense ? Just like any asset in real life the market will decide which asset is traded the most, but there wont be any dilution like we have now with those IOU-crytpos.

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