[ author=btswildpig link=topic=15186.msg196127#msg196127 date=1427218628]

I'd rather believe it won't be done , then once it's actually done , I would be more happy .

This would mean a continuing falling bts price if everyone took the same point of view and the logic of the market was sound. 

What is needed is proper goal setting, execution, and expectation management, not moving to the other extreme by providing no goals or  timetables at all. 

Quote from: arhag on February 25, 2015, 02:44:59 am

I am disappointed that it has come to this.

The Core Developers (including any member thereof individually) should make no comment on any subject on the forum unless approved by and posted through the Spokesman.

-5%

 

I think you could have explained it fairly (as you do) without using the Ponzi label (which is unnecessarily sensationalist). To me, that implies fraud beyond the design of NuBots. It imputes some dishonest intentions. I'd prefer to believe that the NuBots people are honest, even if it's a flawed design that relies on IOUs. Aside from that criticism, the article is well-written.

I agree, I don't think it is wise or very classy to call out our competitors in that manner.   First rule... never call your competitors by name....or sling mud directly.  Its not good for PR.   I would pull this post and rewrite. 

The only problem is that now we have to play catch up with marketing due to issues I will not bring up again for obvious reasons.  So now BM is kind of forced to get his voice and philosophy out there to a broader audience because we have certain competitors who can give their public face the time to do nothing but outreach.   

With Bitcoin now selling at $182, I think we need to ratchet down are marketing a good bit and put more focus on other functions.  The time for differentiation was this past fall.  The current marketing window probably closed in Dec.  No one is listening to our promotions of BTS in this current crypto (BTC) bloodbath.  I think marketing should be scaled down (%50?) for a time until we see an upturn or until at least things stabilize.    Also as an aside, we need to ditch the tag "BTS is to companies what BTC is to money"......or similar.   Any association with bitcoin right now is not wise as there is potential for it to be a failure as far as its function goes and this potential is being clearly seen my the market.   

Just having bitassets alone means nothing. You need marketing, adoption and liquidity as well.

 

My quick  take:

Secure
Being fully decentralized there are no centralized companies holding customer funds with a giant target on their back  becoming a giant target for hackers.  With BitShares you can take security into your own hands and not worry about a bank holiday. your funds are secure from hackers and and even bank failures. 


No limits
Being decentralized   For customers, not being beholden to a central authority means there are no withdraw limits.  You can trade or withdrawal any amount, at any time, from anywhere.  Any one can create an account regardless of citizenship and without any identification.


Maximize Privacy
With BitShares no one has to know knows your balance and there are no FBAR requirements.  The blockchain isn't going to file any forms with your local tax collectors, that is left in your hands.

Low Fees
Say goodbye to 0.5% trading fees. BitShares has a fixed fee per transaction of just $0.01, this means that you can trade any amount for the same price. 

Trade Anything
Unlike centralized exchanges that tend to focus on one or two national currencies, BitShares will allow you to trade in Gold, Sliver, Gas, and Oil in addition to all of your favorite national and crypto currencies. 


Fast
Just because it is decentralized doesn't mean it cannot be  This decentralized exchange is as quick and easy to use as any traditional exchange.  Trades execute amazingly quick - in less than 10 seconds from the time you place your order.   

Quote from: luckybit on January 02, 2015, 10:00:27 am

In my opinion the big marking push should be held off for a while. The crypto ecosystem is in a recession and people aren't buying altcoins very much. Even Bitcoin is losing market cap despite spending a lot of money on funding with the Bitcoin Bowl.

In my opinion why not save up money for a proper advertisement campaign when the time is right? Why not a period of increased interest or for the next crypto bubble? Why not wait for 1.0 to be released and tested at least?

If anything we wait for 1.0 we need a coordinated campaign and to have the delegates up and running and being generating income before 1.0 comes out so we can do a splash.

The problem is that our "splash" may be coinciding with the Ethereum launch.  We'd be going toe to toe for market attention.  Given how effective their marketing has been, I think we would do well to avoid such unfortunate timing. 

Our main weapon on the marketing front is the "first mover advantage" which we are rapidly loosing.  It is true that our product may be better- who knows, but in the short to medium term, the market may not care.  Given that not many people understand these technologies in the first place, the market will tend to gravitate to where the buzz is, thus the concern.   It is much harder work to play catch up that it is to not get yourself in that position in the first place.   

Quote from: mike623317 on January 02, 2015, 06:19:16 am

Quote from: toast on January 01, 2015, 09:15:13 pm

Quote from: NewMine on January 01, 2015, 09:12:39 pm

Tired of hearing "These developers could be earning over $100K per year at places like google". If they really could, they would have.

I reneged on my offer which effectively blacklists me from applying there again any time soon. "They would have" is directly contradicted by the evidence.

I'm grateful that you did. If we can get this to work, just think of all the good it will help to produce.  What a great use of talent and what a legacy for yourself, dan and others.

Let's bring this puppy home over the next year or two and be grateful for what we have. There's a lot of people suffering out there.

I personally agree with Rune's Statement that top devs should temporarily have more than 1 delegate.  It is beyond frustrating to me that people would even question whether someone like toast should be getting paid well for their work.  It is not like these guys are just sitting around drinking beer and eating chips all day...
They are innovating, working hard, pitching marketing ideas, helping manage forums and github repos, answering questions of investors, attending interviews...etc.  I sincerely doubt any of them get a normal night's sleep--ever.  The amount of complaining I see is (imho) shameful.