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Messages - mr-whitekey

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31
General Discussion / Re: Synereo
« on: January 03, 2017, 03:20:10 am »
Sucks to have been so wrong on this one, but I still have hope they can launch the product soon. For better or worse I will double down at these levels. What do y'all think?

32
Random Discussion / Re: Monero
« on: January 03, 2017, 03:15:48 am »
The same stair-step pattern is forming again. The same pattern that led to the previous high, that and the recent breach of the previous high tell me good things are in store for Monero in the short term (next couple of weeks). Though I will start phasing out from my October buy in.
 

33
General Discussion / Re: Bitshares price discussion
« on: December 06, 2016, 07:39:00 pm »
In the last three months:

Ethereum is down 44%
Bitshares down 33%
Steem down 71%
Ethereum Classic down 44%
Litecoin down 11%
Monero down 46%
Dash down 22%
Augur down 72%
NEM Down 41%
Waves up 43%
Bitcoin up 25%
(by no means a comprehensive list, but good indicators)

We can see that by no means is this down trend unique to Bitshares in the short run (last three months). Long run chart trends are important for sure, but the current slump is almost exclusively an exodus to Bitcoin which received about 2.5 billion in capital in the last three months. It is reasonable to trade and invest based on your thoughts on this trend continuing or not at the moment most other factors are taking a back seat.

Peerplays bucked that trend and is up significantly in the last 3 months. :)

Just say'en.
Yeah, I own peerplays and love hearing about your updates on beyond bitcoin. I like the slow and steady pace to it too. Big reason why i think your project has such a massive chance of succeeding is that there is a group of core competent people willing to sacrifice time and energy to make it happen. Thx. That is the big problem with "decentralized corporations" they have no person(s) directly responsible for their success.

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34
General Discussion / Re: Bitshares price discussion
« on: December 06, 2016, 03:37:20 am »
In the last three months:

Ethereum is down 44%
Bitshares down 33%
Steem down 71%
Ethereum Classic down 44%
Litecoin down 11%
Monero down 46%
Dash down 22%
Augur down 72%
NEM Down 41%
Waves up 43%
Bitcoin up 25%
(by no means a comprehensive list, but good indicators)

We can see that by no means is this down trend unique to Bitshares in the short run (last three months). Long run chart trends are important for sure, but the current slump is almost exclusively an exodus to Bitcoin which received about 2.5 billion in capital in the last three months. It is reasonable to trade and invest based on your thoughts on this trend continuing or not at the moment most other factors are taking a back seat.

35
General Discussion / Re: Bitshares price discussion
« on: December 05, 2016, 07:54:20 pm »
There are plenty of examples of superior technology not taking root, enough that we can not just say "once they notice us it will be inevitable...". We have already had out chance to just let the market discover us, if we do not make it happen then this project will not succeed. It is a business at the end of the day and business succeeded because they market and plan how to propagate their "superior technology".

I want to help the project, but I have no technical abilities at the moment. Nor do we have a plan in place to systematically promote this platform, thus it does not make sense for me to go out as a lone wolf and promote the platform as alone I will ackomplish very little...

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36
General Discussion / Re: Bitshares price discussion
« on: November 29, 2016, 03:33:28 pm »
Prices being low is only a good thing if they are low compared to reasonable future value of BTS. I see nothing that has changed regarding the fundamental value of BTS. The are some possibilities like block pay and this new debit card that Stan was talking about, but with low volume on both and both still being speculative in their own right that only compounds the risk of BTS.

Basically we have the success of a speculative asset riding on the success several more speculative ventures.

My thoughts are, yes, it is a great time to buy, if you are convinced that either block pay or this new debit card feature Stan referred to will ultimately succeeded.

However, we still have a massive leadership deficit and has prevented me from buying more... When I see the kind of leadership that other projects have from peerplays to blockpay it makes me increasingly wonder if I have misallocated my capital in this project. I first came to bitshares about a year ago and instantly saw its potential with the Dex and pegged assets. I still believe that potential and am not so impatient that I expect returns in one year, but I do except a dedicated leadership with ideas and vision. The lack of this is probably the single largest aspect that tells me to sell much of my stake and move on...

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37
General Discussion / Re: Where is BitShares headed?
« on: October 19, 2016, 04:34:45 am »
Something GChicken said on another thread today:


I honestly see Bitshares as a combination of killer features (scale-ability, speed, governance, flexibility, MPAs(Market Pegged Assets), UIAs(User Issued Assets), Stable-coins, prediction markets) in a world where its competitors individually can only compete on one or two items. But the rest of the world doesn't share my opinion through lack of visibility, education and maybe a marketing issue. i know personally when i get someone to actually try the platform they are blown away, this is not your run of the mill cloned bitcoin wallet; they maybe a little set back at first as it can be a lot to take in, but in general the recognise the functionality and point of differance.


Do y'all  think Bitshares might benefit from a little brand segregation? Nothing about the project needs to fundamentally change and I am not suggesting that we rebrand the core project, but would we make more headway if niche features were represented as new and novel on a new website with a new brand? Obviously it would take a team to implement, but I am thinking a bitshares version of Augur. Augur is built on ethereum, but maintains its own identity. The Bitshares prediction market is built into Bitshares we just need a unique name and a site dedicated just to it, kinda like Openledger does for the exchange aspects. I understand OL has an interface with the prediction market, but let's be honest...  This way we can be clear and focused in our promotion of the platform. Go here for a DEX and here for a decentralized prediction market kinda thing.

Also at the moment the prediction market allows the market creator to decide who wins, may I respectfully say I like Augur's solution much more... we kinda need to address that.

 

38
General Discussion / Re: Synereo
« on: October 19, 2016, 04:00:36 am »
For my part I am very bullish on this project mainly because I like what I hear and read about it, it seems to have fixed a lot of what I think are steemit issues like steempower being the bases for voting power. Also, they don't seem to be approaching the project in the same way at all, it seems as if they will not directly overlap the markets they are trying to help and reach. Steemit more like reddit and synereo more like a mix between Instagram/Facebook.

39
General Discussion / Re: Bitshares price discussion
« on: October 19, 2016, 03:53:03 am »
The vesting period ends in two and 1/2 weeks. I have my doubts about this actually causing a significant price rise, seems to me far too little volume. However, it could help a slow and steady increase. As I assume most ppl still holding are the long term diehards who will not sell very easily, and there is just enough new exposure to overtake those who will sell still.

What is the general feelings of the ppl here?

40
Random Discussion / Re: Monero
« on: October 19, 2016, 03:46:25 am »
Somewhere between now and the 700,000 satoshi level xpr could pick up is previous tend line. Staring to look better, but I am still phasing entry on a long term play.

41
Random Discussion / Re: Monero
« on: October 13, 2016, 02:40:44 pm »
Price has stabilized to a degree. Not sure what will happen next, but it seems like a good place for a phased entry. Buy some now and some in a few weeks depending on where the price goes. Just don't enter in all at once here... 

42
General Discussion / Re: Bitshares price discussion
« on: October 13, 2016, 04:39:50 am »
The worker system has its strengths. It allows shareholders to vote out a worker that is underperforming, which is an important feature.  I'm not sure that I would want to see it changed with any sort of lock-in.

The current method of funds dispersal is for the proper amount of BTS to be created each day that the worker is voted in. See http://cryptofresh.com/workers for details on the current worker situation.
I respect your perspective as you have actually done a proposal. I still have my intuitions... Would you leave the process as is or do you have another way to address the uncertainty created?

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43
Thanks. Wanted to be sure I did not miss some important news.

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44
What is going on with the price of the OL token? coinmarketcap.com has it down by 43%?

45
General Discussion / Re: Bitshares price discussion
« on: October 12, 2016, 04:01:10 pm »

...but one problem here is the easiness of getting your Worker voted right back out again. Chronos has experienced this a few times, even our best core devs have as well. So we need a Worker to fix the Worker program, I think DataSecurityNode had some ideas on this topic.
 @BunkerChain Labs
 

That is an extreme drawback. The uncertainty alone would stop many from even proposing. I agree this must be fixed. Once a Proposal reaches the necessary threshold votes need to be locked (maybe some super majority can override?). Yet. how do we ensure the the project gets done? Some projects might take many months and the funds will need to be dispersed more evenly. I am new, what methods have been discussed to accomplish this. What is the current method of fund dispersal?

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