Quote from: Shentist on July 13, 2016, 06:31:36 am

Quote from: onceuponatime on July 13, 2016, 06:15:22 am

Quote from: OldMan on July 13, 2016, 05:44:31 am

Quote from: btswildpig on July 13, 2016, 04:46:49 am

The sharedrop was promised by Invictus company .

And STEEM is run by STEEM company .

So . it's ok not to drop on it .

I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.

The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.

Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.

Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.

Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.

Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.

It ain't so. Do some research. There are innumerable people still working on BitShares, and many of the people working on Steem are also very active in BitShares. If Steem had not been invented, BitShares would have ground to a halt because their were no development funds, and some of the devs NEED TO EAT, and NEED TO FEED THEIR CHILDREN.

There are some very "entitled" people in BitShares who think they are owed something beyond what had been produced by the time development funds ran out (and further funding through dilution - a very common business practice, as in new funding rounds - could not get the required votes).

And look at BitShares Munich, one of the leading sources of BitShares development now.  It has brought in thousands of dollars of bitshares development funds for itself BY POSTING ABOUT IT ON STEEMIT.COM and getting upvoted there (when it couldn't raise enough funding by selling its OPENPOS asset on the DEX).

The ignorance sometimes displayed in this forum is stifling.

thanks for your view of an "inside
r".

Aren't you the guy who took month after month of pay from the blockchain to fund his own bitshares-related business startup? And then shut it down?

Yours is the type of ignorance that I am talking about. And your constant negativity and bitterness are not only stifling, but counterproductive.

Quote from: nomoreheroes7 on July 16, 2016, 03:54:06 pm

Quote from: yvv on July 16, 2016, 03:50:05 pm

Their centralized wallet got hacked after all this advertisement of advantages of decentralized blockchain. LMAO!

Yea I'm pretty shocked about that. I wouldn't have thought something like this was even possible.

Of course I never got around to changing my keys over the past couple days. Easy come easy go? 

Also makes me wonder if our openledger wallets are exposed to the same risk...?

And wtf wasn't 2FA authentication set up by now? That would have probably saved a lot of headache.   

2FA is not so simple in blockchain.. it also creates a barrier to onboarding.. eg. you don't have 2FA in facebook.

Quote from: OldMan on July 13, 2016, 05:44:31 am

Quote from: btswildpig on July 13, 2016, 04:46:49 am

The sharedrop was promised by Invictus company .

And STEEM is run by STEEM company .

So . it's ok not to drop on it .

I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.

The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.

Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.

Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.

Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.

Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.

It ain't so. Do some research. There are innumerable people still working on BitShares, and many of the people working on Steem are also very active in BitShares. If Steem had not been invented, BitShares would have ground to a halt because their were no development funds, and some of the devs NEED TO EAT, and NEED TO FEED THEIR CHILDREN.

There are some very "entitled" people in BitShares who think they are owed something beyond what had been produced by the time development funds ran out (and further funding through dilution - a very common business practice, as in new funding rounds - could not get the required votes).

And look at BitShares Munich, one of the leading sources of BitShares development now.  It has brought in thousands of dollars of bitshares development funds for itself BY POSTING ABOUT IT ON STEEMIT.COM and getting upvoted there (when it couldn't raise enough funding by selling its OPENPOS asset on the DEX).

The ignorance sometimes displayed in this forum is stifling.

Can someone please ELI5 Dan/STEEM/BTS for me?

I noticed STEEM going parabolic on CMC today, thought I'd check out the latest epic pump'n'dump and found Dan at the bottom of the rabbit hole. Not something I expected.

Then I hit Bitsharestalk and find a whole lot of pissed off folks with a pretty consistent sentiment that Dan has absconded with knowledge/experience/ideas funded by the PTS/AGS investors (of which I am one) and is using them to enrich a small, centralized cadre of "Steemit"(?) developers/investors via a heavily pre-mined coin apparently designed to game CMC. Also not something I expected.

Finally, it appears that although Steemit would not exist without Bitshares technology/codebase and substantial contributions from Bitshares lead developer (Bytemaster), there is currently no clear roadmap for a share drop on the PTS/AGS/BTSX/BTS folks. Definitely not expected!

I'm currently trying to maintain an open mind, as I continue to believe in Dan's vision and talent, but from where I'm standing this situation is pretty much ass end opposite of everything Bitshares stands for.

Help an old guy out, thank you!

Quote from: lil_jay890 on July 12, 2016, 04:47:59 pm

Quote from: Shentist on July 12, 2016, 04:42:09 pm

any idea how to short it?

If one of the exchanges allows shorting STEEM... that's a virtual gold mine.

Not only do you get to take advantage of this minuscule volume pump, but you also have constant dilution on your side.

How exactly will this work? Most people withdraw from exchanges and instantly power up, you will also need to offer more than 0,28% interest rate per day in order for someone to even consider to loan you STEEM, isn't this risky?  considering that only a small fraction of STEEM is available for trading?