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Messages - santaclause102

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151
Simple question:
Long term, do you think percentage based transaction fees make sense? They could allow micro transactions as well as bring more reveneu to the DAC from individuals who can afford it.
Trade of I recognize: The most wealthy individuals are also valueable because they could store their money in bitusd which drives the price of bts.

152
Here is a screenshot showing the deposit / withdraw interface

https://slack-files.com/T04MJ0W5X-F0CA1QX98-a705cfc235

https://slack-files.com/T04MJ0W5X-F0C9Y3E9L-4d95d638c7
When I bought my first Bitcoin / Altcoin on Cryptsy it took me quite a while to figure out what "generate" has to do with the depositing process because I didnt know anything about Bitcoin. Maybe the Button could be "Deposit / Generate" instead of "Generate" only?

153
Enjoy https://letstalkbitcoin.com/blog/post/xcp-update-10-11-15-charles-hoskinson-talks-blockchain

Nice interview. I learned about Hawk which is something maybe Bitshares could implement.
+5%

I am not guaranteeing anything, but I am trying to talk Charles into potentially holding hangouts for his project and distributing a token to attendees to work as a sharedrop token for his future work. 

Would people be interested in this if he were to accept?
would be greatly appreciated  +5%

154
most 5 year olds cannot comprehend bitcoin

but if you do understand why bitcoin and bitcoin clones have value, then:

smartcoins have value because they are created by locking up BTS (bitcoin clones) on a blockchain at their current "real life property" value

or

if you blindly trust that bitcoins have value, then you can logically extend that trust bitcoin clone backed smartcoins

BitShares - a bitcoin clone that backs smartcoins
I thought these were really good eli5 explanations. Here is mine:  A price stable cryto currency backed by collateral that does not have a counterparty but is digital (=definition of crypto currency if you will). 

155
OpenLedger / Re: Constructive criticism creating synergies!
« on: October 11, 2015, 10:53:37 am »
General friendly advice: Run the texts you write though a spell checker, there are always quite a few spelling / grammar errors in the forum posts and magazine article (forbes etc.) you put out there.  Mostly forgotten small words like "to" or "the". Check the last three paragraphs here http://www.forbes.com/sites/rogeraitken/2015/10/10/openledgers-crypto-financial-platform-officially-launching-as-central-bank-interest-revealed/4/ as an example

Quick question: will Openledger be more than a hosted Bitshares 2.0 wallet? It was often mentioed that Openledger is somehow the Exchange network itself and more than one of many hosted wallets? I am speaking of how it actually works not in terms of what may be marketed.

Value proposition summary: OpenLeder utilizes a distributed blockchain database for its order books and it's order book matching engine which has the following advantages for traders (assuming traders trade in smartcoins and not IOUs; in case IOUs are traded only the first of the two advantages applies):
- Transparent, verifiable and failsafe accounting: No need for expensive and intransparent audits, public auditing of order books, not possibility to reverse trades / operations.
- Counterparty risk free trading: No change for security breaches because traders control their assets entirely (with smartcoins) and trade them directly with other traders over our p2p protocol.
- Traders have access to other blockchain based financial services like p2p lending, non crypto derivatives and user issued assets trading, multisignature accounts, compliant securites trading in the future, and payment service including recurring and scheduled payments.

156
IDentabit / Re: Identabit Hangout w/ John Underwood
« on: October 10, 2015, 01:47:44 pm »
Hi everybody!

I am new to this forum. I have just heard about Identabit. Sounds very interesting. How can I get an account and where can I buy the coins? Also, what is the coin code if I want to buy it on a crypto exchange?

Thanks.

Soleri
Identabit is not out there yet so u cant buy it on an exchange and also can't get an "account". It was said that BTS holders as well as Brownie.PTS holders (can be bought on Bitshares's internal exchange) will get 20% each of the identabit "coins" when it does come out.

157
Muse/SoundDAC / Re: MUSE LOGO (suggestions from community)
« on: October 09, 2015, 06:52:04 pm »
I'd suggest before logo comes brand.

Write the mission, vision and values first.
If the brand were a person, what would their personality be like?

What would they stand for? What would they stand against?

To me, logo is just a symbol, a visual representation of the brand. Brand is the identity that rarely changes.

Brand is 'the promise' to the customer. It's how a customer feels about the brand. It's how the customer perceives the company, that to me is brand.

The phase "we are re-branding" is often a misuse of language. They mean "we are updating our logo".

A true re-brand would be changing what your company stands for, changing it's fundamental purpose for being. If that's what you're doing, I'd suggest it's better to start a new business altogether with a new brand else it will confuse the marketplace.

Here's the process I use to guide my consulting clients through this process:

  • Mission (i.e. what process are we engaged in that can never be completed)
  • Vision (i.e. what milestone to reach that lets us know the mission is on course)
  • Values (i.e. what do we believe is most important in our business / what do we stand for)

In my marketing framework:

Mission - why do we exist?
Vision - what are we going to do?
Values - what makes us different to everyone else? (hint: your belief system is what make you different)

Examples:

Google's Mission
To organise the worlds information and make it useful (will never be completed, hence the company will always have a purpose)

Bytemaster's personal mission
To secure life, liberty and property for all.
(Maybe that's more vision because technically it could be accomplished?)

Microsoft's original Vision
A computer on every desk (they pretty much reached that milestone so had to update it).

Zappo's Values
Deliver WOW Through Service
Embrace and Drive Change
Create Fun and A Little Weirdness
Be Adventurous, Creative, and Open-Minded
Pursue Growth and Learning
Build Open and Honest Relationships With Communication
Build a Positive Team and Family Spirit
Do More With Less
Be Passionate and Determined
Be Humble

Again I must stress that this is my personal marketing framework (https://marketingmandala.com) that I've developed over my decade of experience. It works for me and I offer it to you without conditions i.e. do with it as you wish, including filing it under B1N :)
Associated https://www.youtube.com/watch?v=2A2-7_nujtA

158
Muse/SoundDAC / Re: NOTE value after snapshot
« on: October 09, 2015, 08:16:45 am »
I know I am changing the subject (slightly), but the decision to have museUSD will be the main contributor why the whole MUSE block chain fails.

so even if museUSD would never launched/used you still thing the MUSE block chain would fail?
Would you prefer it to coexist on bts2.0 as a token without the need of a new chain birth and all the power of our bitAssets?

No, all am saying is that museUSD is a stupidity of such a proportion, that it will lead to Muse failing not matter what else is done.
lol tony
You have the time to make bold claims and chat back and forth but not the time to summarize your argument.
In most cases: If something can not be expressed / summarized in a few sentences there often is no substance to it.

159
Anyhow, some people want me to undersell things.  Consider this undersold.
ROFL :D
People have no idea!
+5% :'(

160
Just to be clear: I could claim the vesting AGS balances form Oktober 14 from the Bitshares 2.0 client and I dont have to claim them before 2.0 comes out, right?

161
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: October 05, 2015, 07:38:35 pm »
How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always
be at least 1 USD but can be more expensive. Is that correct? If so, how much
will the volatility (rough range) be above 1 USD?
No-one knows yet .. I think in the beginning we will see up to 5% .. later, when
more gateways allow easy transfer of USD into the system and more people short
bitUSD, then the surplus may be 1% or less. But no-one can tell for sure.
Will the premium be relatively stable or will it swing wildly? 

162
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: October 04, 2015, 10:34:12 am »
At some point I stopped following the BitAsset design proposals and didn't read up on it until now. Maybe someone could answer these question:

How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always be at least 1 USD but can be more expensive. Is that correct? If so, how much will the volatility (rough range) be above 1 USD?

An associated question: For Bitshares 1.0 bitassets there was the rule "1 bitusd  can be traded for 1 USD (minus exchange fees and market spread) at least within 30 days" because there was the 30 day maturity rule. Is there a similar guarentee for Bitshares 2.0 Bitassets?


163
General Discussion / Re: INFOGRAPHIC - Graphene Ecosystem
« on: October 02, 2015, 01:11:29 pm »
Let's brainstorm about what players and roles exist in the graphene ecosystem. At the moment I have:

- The respective graphene blockchain (Bitshares, Identabit, Muse)
- Cryptonomex (once  as a backend software software provider and once as a front end software provider / implementation partner / technical referral partner)
- The industry specific entrepreneurs (follow may vote, open ledger etc.)
- Affiliate marketers
- Users

By Players do you mean naming companies as well like CCEDK? Or are you asking just in a general sense? Perhaps not since you specifically named CNX. Please clarify though.

Someone else in another thread (have to find it) made a mindmap of the current ecosystem as well as a few of the other leaders in other chains. That could be a really good starting point too.
I meant in terms of general functional roles. Since CNX is the only one of its kind I just mention it specifically.

164
General Discussion / Re: Integration Guide
« on: October 02, 2015, 11:34:57 am »
That looks really nice :)

" for integrating BitShares and profiting from" I would say:  for integrating BitShares to profit from ...

"to securely operate as" -> to securely operate as a

"of the Graphene technology" I would leave out the "the"

"smaller parts for convenience  ANS for the sake"

165
General Discussion / Re: INFOGRAPHIC - Graphene Ecosystem
« on: October 02, 2015, 11:32:00 am »
let me think about more … but guess i'd be of assistence here ;)
I guess so too ;)

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