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Messages - James212

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46
General Discussion / Re: Invite only community marketing forum.
« on: January 02, 2015, 12:20:29 am »
What about making a vouching / approval system to get voted in? Like: One needs three vouches from people on nullstreet to get into nullstreet. This way Methodx doesn't have that much responsibility/work and can leverage the knowledge and social ties of others.

Eventually there will certainly need to be a closing off of open registration.  This is simply to protect those who are working their asses off.  The last thing we want is people from competing projects joining and knowing the marketing angles at play before they are even used.

At some point I think new users should have to build a reputation on Bitsharestalk (this forum) before being given access to Nullstreet. 

47
I found it a very interesting read.......(mentions Bitshares.)


https://blog.ethereum.org/2014/12/31/silos/

48
General Discussion / Re: Please, avoid sexism in your (public) writing.
« on: December 31, 2014, 02:20:47 pm »
Interestingly, BM often refers to developers as a "she" in his writings already. IMO it's perfectly fine and natural to default to referring to calling unknown people by your own gender. I won't get mad if a female poster or blogger uses "she" in all examples either.

 +5%

49
Great work Fuzz. 

One comment: #20 Merchant adoption should be replaced my User adoption.  Get the users by giving them a reason to hold, use and prefer bitUSD and the merchants will come.   If you put Merchant adoption before consumer adoption, you'll get stagnation just like with Bitcoin. 

IMO the proper evolution should be:

1) User holding of bitUSD due to perceived value resulting from yield )
2) (Once sufficiently valuable), merchants attract this wealthy demographic by also accepting bitUSD (same as they are doing with bitcoin)
3) User Usage begins to be driven by merchant offers of products and services in bitUSD.

I respectfully disagree.  Bitcoin merchant adoption has been going very well, it's one of bitcoins biggest success areas.  It may be possible to piggyback on top of bitcoins work and be accepted by thousands of bitcoin accepting merchants all at once.  Definitely something to aim for!  User adoption is just the overall goal of the whole thing rather than a step on along the way.

Merchants accepting bitUSD need to be able to easily pay their employees + suppliers with it so they don't have to sell it.  Would some kind of integration with accounting software facilitate this, or could they just do it anyway?  What would be the barriers stopping merchants from paying their employees + suppliers with bitUSD? (other than lack of demand)

 I am glad that merchant adoption is going well, but my questions is: how does merchant adoption lead to user adoption which as stated is our end goal?   It doesn't.  If users have not reason to hold bitUSD as a store of value the currency play unravels.  However in your second paragraph, it seems you are including Business to Business transactions as "merchants", but if the businesses are holding earnings in bitUSD (i.e. using bitUSD as a store of value) they, in this case, are "users" not merchants, so we do agree.  The challenge is to give these merchants a reason to want to USE, not just accept bitUSD.   

50
Where are the great animated home page we had "Safe  Secure  Sound"  ?
any feedback why it is removed?  ( @cass )

http://bitshares.org/

discussed with toast to disable it, cause we're thinking most of users don't like this frontpage^^

Well maybe you guys are thinking not like the majority of users... How can we know that your thinking is matched with the majority of users?
Why don't you ask the forum members before changes like that? Make a poll first here to have a right feeling! Maybe it was not the best home page in existence but it was great and much better than the current one... but maybe I am wrong ... and you are right... but I would take feedback first from this community and would not ignore them! Make a poll and act accordingly please.

Doing every little thing by consensus is too inefficient.  We need to develop rules on minor actions that can be performed by representatives (without consensus ) and major actions that require a grass roots vote.  I suppose as DPOS evolves these rules will emerge. 

52
General Discussion / Re: Status of Ethereum
« on: December 30, 2014, 01:16:13 pm »
Personally, I'd like to see us stop worrying about the competition and just concentrate on getting bitshares solid.

 +5%

We'd do well to heed the Peer Tracks strategy regarding time-to-market.  This excerpt from News Letter #14 says it all:


Quote
""PeerTracks the Speedboat

With all the desired features and potential, we had to figure out what to focus on first. This is where the speedboat analogy comes in. We could be this massive cruiseship of a project that comes out with everything at once, but while we do so, the big boys, our competitors could emulate it and beat us at our own game. They have the money, the time, the staff, the user base and all the other resources at their disposal. We have to find our unfair advantage, what makes us unique and go full speed with that feature. We need to get a specific kind of user on board and guarantee our place in the new music world. Once we have a good foothold, we work from there to get all the bells and whistles required to have the best music site out there.""

53
Great work Fuzz. 

One comment: #20 Merchant adoption should be replaced my User adoption.  Get the users by giving them a reason to hold, use and prefer bitUSD and the merchants will come.   If you put Merchant adoption before consumer adoption, you'll get stagnation just like with Bitcoin. 

IMO the proper evolution should be:

1) User holding of bitUSD due to perceived value resulting from yield )
2) (Once sufficiently valuable), merchants attract this wealthy demographic by also accepting bitUSD (same as they are doing with bitcoin)
3) User Usage begins to be driven by merchant offers of products and services in bitUSD. 

54
I don't think they should be taken this lightly.

They have the the resourceful Gawminers backing them and a huge community hashtalk.org supporting them. Just checkout their IRC #Gawminers , #XPY .Its quite active to say the least.

There is also a lot of hype around the launch of their coinbase competitor , paybase.com/

They are good with their PR.
Their websites , videos are mass appealing and they have already managed to get articles out in major publications.
http:// blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/
https:// cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/
http:// coindesk.com/gocoin-gains-strategic-investment-software-development-push/

They are looking to buy out companies left and right .They have made investments in GOcoin ,have already bought the exchange coin-swap.net and may buy out shapeshift.io soon and many more acquisitions to come according to Josh Garza ,CEO of Gawminers twitter.com/gawceo

They have set out a ambitious plan to become the go to digital currency for the masses and it will be quite interesting to watch how successful they become in implementing it.

Yes, being good with PR brings great $$$ rewards.

I don't think their website is that good though, I think MethodX is working on improving ours.

Their video's aren't great either, is this their best one? http://m.youtube.com/watch?v=TFDUDSm7bI0
I can edit something better I think. In fact if I combine an idea MethodX seeded, we would have a similar themed, 'global currency + community' advert

http://m.youtube.com/watch?v=_W8ZekJ4eSk That one of theirs is really bad.

Point taken Empirical, but I don't think the threat lays in the quality of their individual efforts, but in the effectiveness of their coordination.  the whole being larger than the sum of this parts, as it were.  We need to mirror this type of effort at BTS and hopefully we have finally gotten around to getting going.  It is however, unfortunate that we are getting to the point where we have completely squandered out lead out the gate.  Soon we may have no high ground, and we will be fighting the public awareness battle toe to toe with our competitors.

Yeah. I think we are getting going. I think the Chinese side is leading the way and is capable of great things once they overcome BitShares PR problems & if a handful of guys like Method, HPEnvy, Matt were a bit more incentivised, & with more to work with than their 1 100% delegate, I think we'd start to be in the game. POW is definitely weak right now. Bitcoin is paying $1 million a day to miners and hardly any of the retailers that accept BTC hold it, so the more utility it gains and the more purchases that are made the more downward pressure on price almost.

You have a good point, we need to find a way around the budget limitation that comes with the delegate system at this low level of market cap. 

Agree with you that DPOS is currently our big advantage, but it won't be that way forever... 

55
I don't think they should be taken this lightly.

They have the the resourceful Gawminers backing them and a huge community hashtalk.org supporting them. Just checkout their IRC #Gawminers , #XPY .Its quite active to say the least.

There is also a lot of hype around the launch of their coinbase competitor , paybase.com/

They are good with their PR.
Their websites , videos are mass appealing and they have already managed to get articles out in major publications.
http:// blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/
https:// cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/
http:// coindesk.com/gocoin-gains-strategic-investment-software-development-push/

They are looking to buy out companies left and right .They have made investments in GOcoin ,have already bought the exchange coin-swap.net and may buy out shapeshift.io soon and many more acquisitions to come according to Josh Garza ,CEO of Gawminers twitter.com/gawceo

They have set out a ambitious plan to become the go to digital currency for the masses and it will be quite interesting to watch how successful they become in implementing it.

Yes, being good with PR brings great $$$ rewards.

I don't think their website is that good though, I think MethodX is working on improving ours.

Their video's aren't great either, is this their best one? http://m.youtube.com/watch?v=TFDUDSm7bI0
I can edit something better I think. In fact if I combine an idea MethodX seeded, we would have a similar themed, 'global currency + community' advert

http://m.youtube.com/watch?v=_W8ZekJ4eSk That one of theirs is really bad.

Point taken Empirical, but I don't think the threat lays in the quality of their individual efforts, but in the effectiveness of their coordination.  the whole being larger than the sum of its parts as it were.  We need to mirror this type of effort at BTS and hopefully we have finally gotten around to getting going in doing this.  It is however unfortunate that we are getting to the point where we have completely squandered our lead out of the gate.  Soon we may have no high ground left, and we will be fighting the public awareness battle toe to toe with our competitors.   

56
General Discussion / Re: We need more delegates for marketing
« on: December 29, 2014, 06:06:26 pm »



Other: I think BTS is in need of general guiding business plan for 1 year definitely for the Western business. I think the development side is in the bag, we have rockstars but where do we want to be in one year and how are we going to get there in terms of marketing, business development, customer service, presence in key markets, BitAsset utility etc.

 +5%

BTS badly needs business strategists and public relations/investor relations (nullstreet?).  There is a gapping hole in these areas as critical and concerning as the hole I was warning about in Marketing as early as late summer.  We have to many market / (community) disruptions due to poor communication, and the business approach seems more philosophical than strategic or tactical. 

57
General Discussion / Re: Paycoin - Joining GoCoin
« on: December 29, 2014, 05:37:27 pm »
Paycoin seems to have disappeared from coinmarketcap... what does this all mean?

http://coinmarketcap.com/currencies/paycoin2/

Dec 29th:   Paycoin is back on Coinmarketcap at #3, Bitshares now at #5

58
General Discussion / Re: PTS - the insane gift that keeps on giving!
« on: December 26, 2014, 11:00:39 am »
We arent mad about this because of the value ofthe sharedrop.

We are mad because of the PRECEDENT it demonstrates, in regards to future sharedrops, which WILL have value.


This sharedrop should be 100% BTS, no fucking shares at all to PTS or AGS because we bought them out.

Any other allocation and I am upset.

Agreed. PTS and AGS were gone. It is a questionable precedent. After this one, let's all get together and hammer out a new social consensus.

The social concensis is naturally derived and pretty obvious. After you pay off someone in the present for future value they would gained. you don't continue to pay gains to them going forward. 

59
General Discussion / Re: PTS - the insane gift that keeps on giving!
« on: December 26, 2014, 10:55:20 am »
We arent mad about this because of the value ofthe sharedrop.

We are mad because of the PRECEDENT it demonstrates, in regards to future sharedrops, which WILL have value.


This sharedrop should be 100% BTS, no fucking shares at all to PTS or AGS because we bought them out.

Any other allocation and I am upset.

Actually IIRC the purpose of the merger was to buy *BM* out, not AGS/PTS. Also, it seems like PLAY, RPC, etc are all deciding to honor AGS/PTS anyway despite what BM said.

What you're saying is that I3 *failed to kill the old social consensus*. How is that their fault?

I disagree. The purpose of the merger was two fold:
1)   to focus our project efforts by buying out DNS and Vote.
2) to streamline (and to make less confusing )  our business and market image by consolodatin the multiple investment vehicals for future BTS(X) products -(BTSX/AGS/PTS) into just one... BTS.  Therefore the share inflation that was used to pay AGS/PTS represented the present value of all future investment gains. This is how we liquidated our responsibility to the two original/ privaleged investment groups -(AGS/PTS).  As of 11/5 there is no more social consensus requirement to drop to AGS/PTS.  However the share inflation paid to PTS & AGS created a new social consensus to do 100% of future drops to BTS.

60
General Discussion / Re: PTS - the insane gift that keeps on giving!
« on: December 26, 2014, 10:20:16 am »
Why would anyone want to purchase DevShares?

I answered this. It's to run tests, that's it. That's the stated function.

The people who will buy DVS to run tests will be BTS delegates, using diluted funds paid by BTS holders ONLY. Unless DVS is sharedropped only to BTS holders, it will have a secondary function as a wealth transfer from BTS owners to AGS/PTS owners for absolutely no logical reason. Even if the price ends up being vanishingly small it's an issue of respect that will stay with the community.

I'm pretty sure most in the Chinese community haven't realized DVS will have real value and be listed on exchanges yet. Once it's listed and gets a market cap, the amount of the involuntary donation from BTS to PTS/AGS will be observable as 66% of that market cap. I think it's a situation we should avoid if we want to ensure the community doesn't get even more disillusioned before we even have a chance to begin marketing.

 +5% +5%

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