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Messages - Crypto Kong

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61
General Discussion / review for price feeding
« on: November 19, 2017, 09:06:00 am »
This is great to see ineffective exchange price feeds removed.


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62
Hopefully we can be kept updated here on how this change pans out.


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63
General Discussion / Re: Blockfolio
« on: November 12, 2017, 08:50:51 am »



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64
General Discussion / Blockfolio
« on: November 12, 2017, 08:33:03 am »
We are not listed as a selectable exchange where you can choose to get prices from our markets on Blockfolio, Waves is. We need to all message, email or tweet Blockfolio to add us. It will only happen if enough people ask for it.

It’s a great way to advertise our markets, dex and bitAssets. Everyone uses blockfolio, everyone trades or watches btc/usd. Everyone messes with the drop down box. No one sees the name bitshares.

You can contact them here:

Twitter- @blockfolioapp
Email- [email protected]
Facebook- https://www.facebook.com/BlockfolioApp/

Telegram- https://telegram.me/joinchat/C_VyZj4fwvsmQCtLytqAGg/

Please do your bit, it’s only a quick message.


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65
General Discussion / Re: Marketing efforts
« on: November 06, 2017, 06:08:42 am »
Awareness is another, we could all start posting on https://www.tradingview.com/  and similar sites making traders aware of Openledger  and Rudex
This is a fairly simple but good idea, also etoro. It has a lot of noob users looking to buy bitcoin that don’t know how. They have a good forum/ chat room thing on their app. Few of us should start sharing posts on how bitshares is safest best way to trade crypto


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66
For those of us who want to chip in but don’t fully understand the mechanics. How are the bit assets pegged above the price at the moment? What has been put in place to stop it dropping and why can’t it be used on the opposite side to stop it rising. Just so we all understand the situation and problem better. Thanks.


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67
General Discussion / Re: bitUSD black swan possiblity
« on: October 27, 2017, 08:35:35 am »
We need a massive dedicated account used exclusively for creating BitUSD and BitCNY. 
It should be funded by a rolling worker proposal.

We have discussed this more than once. It is not the purpose of the reserve pool to take the risk away from traders.

Yes, and everytime it is discussed most people agree that something like this needs to be done.
Worker proposals are for anything that helps bitshares grow and improve and having a large supply of well collateralised BitUSD and BitCNY would reduce the chances of a black swan.
Theres obviously an issue with lack of BitUSD/BitCNY when looking at those margin calls that were coming in.
If either BitUSD or BitCNY did black swan how do you expect bitshares to recover from the the damage in reputation it would suffer if the peg failed.
I kind of agree with both of you at this point, I agree with Johnny it’s needed but don’t think our pool funds should be used for interfering in markets. There’s no law on this and a worker proposal should be raised and put to vote.


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68
General Discussion / Re: Marketing efforts
« on: October 23, 2017, 06:27:34 am »
I don't know much about marketing. Not far ago I've seen on steemit one guy called bitshares "a Lamborghini in a farm barn". I feel exactly the same way. We have a car with a super advanced turbo charged engine which lacks a finish layer of paint, has bolts and nuts loose and full of cow crap inside. How do you want to market such a car? I don't see any way to sell it, but to finish paint, fix all loose parts and to clean up all shit.

Finally, we have a GUI which has a nice overview page (it was a shame before the last update not only buy its look, but by content too). This is a good progress, but there are still so many little flaws to fix. The biggest one imo is a margin trading. The idea of decentralized margin trading is brilliant, but current implementation on BTS is flawed, I insist on this, and this is one of the reasons why whales don't want to put their money into issuing bitAssets. I don't believe that a bunch of amateur enthusiasts, like most of us are, are able to fix this. This is a job for professionals who have experience in building traditional trading platforms. I know that the DEX by its nature is very different from forex etc, but it has to be at least not worse than traditional platforms by user experience to attract traders with big money.  This is not possible to achieve without special skills which developers of traditional finance platforms have. We need to get such people onboard.
Some great points here but I don’t agree with everything. I personally don’t think you’ll get whales here with any amount of marketing without liquidity. They can’t trade here yet, end of.

We need to focus on starting from the bottom up. We need to get the little people in here. We need to market our liquidity increasing, profitable market making strategies to smaller players. We need to get the auto bot liquidity trading strategy worker proposal raised and completed and market this to the smaller players.

To those unaware we have started 2 chat rooms, one to discuss profitable liquidity increasing strategies and one to discuss creation of the auto trading bot and introduce a worker proposal to get this done.

This will create excitement, the whole of crypto wants to get rich quick. Tell me one small player new to crypto who doesn’t want an auto bot trading on a dex for them with the dream of free money for nothing. We promote this in our tour of AMA to the small fish and we are on to a winner.


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69
General Discussion / Re: Marketing efforts
« on: October 23, 2017, 06:18:38 am »
I propose we all forget about the "I think someone else better than me should do it", because at the end, nobody does anything but wait and hope someone else will do it for them.

if you think you can't do a thing, then let's focus on which thing we could do our self and in the short-medium timeframe

Great idea.

You can start by retiring this account.

We know what a "bagholder" is... it's someone left holding the bag, often "stuck" holding it.

It's ironic that you want to focus on short-medium time frames.  I suggest you choose a forum alias, without a negative connotation to it.  That would be an awesome start.
Haha he has a fair point, the name bagholder not a good advertisement. Improving marketing for you would defiantly start here


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70
General Discussion / Re: Marketing efforts
« on: October 22, 2017, 08:08:42 am »
Doing a tour of AMA not only is great for marketing but allows us to get great feedback and to know first hand the questions consumers are asking in a wide variety of coin fan bases. If the same question is being asked over and over again we know we have a problem.


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71
General Discussion / Re: Marketing efforts
« on: October 22, 2017, 08:03:22 am »
Me neither but I had an idea the other day... Ark, in there slack channel do an AMA hour (ask me anything) for other coins. Then post a transcript to their Reddit. It’s quite popular. I’ve passed stans contact details on to DR10 a prominent community member and delegate. Anyway.... my idea, we could do a tour of popular slack channels doing an AMA to “keep the wider community updated”

What do you think???


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 I think this is a great idea. Moreover, it can be done even without any outsider marketer's intervention. As [member=31]fav[/member] previously said, this place is run by developers, so there are a lot of folks who know plenty about inner workings of the system.
 By marketing efforts I meant SEO, articles in popular magazines/papers, plugs by celebrities, weekly trending on twitter... Stuff like that. All of which are meant to increase the exposure. Your idea is also a great way to get exposure, so I'm all for it.
 Just need to get some devs on board and figure out an incentive - pretty sure they are busy folks as it is, they'll want to be paid
Perhaps if we use our contacts throughout the bts community to reach out to other communities we could return the favour and allow them to do AMA in our channels? If we get things organised it could be simply an hours work for a dev to answer some questions. Payment could be put through worker proposal easy that way just for an hours work.


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72
General Discussion / Re: Marketing efforts
« on: October 22, 2017, 07:17:13 am »
So now we need only two things:
  1) An input from Stan himself about possible interference between the two campaigns
  2) and this is the hard one - someone to take it upon himself to make a worker proposal and supervise the whole thing. As I have no experience in marketing, nor in management, and I'm not even from the US, I feel less than competent to do it myself.
Me neither but I had an idea the other day... Ark, in there slack channel do an AMA hour (ask me anything) for other coins. Then post a transcript to their Reddit. It’s quite popular. I’ve passed stans contact details on to DR10 a prominent community member and delegate. Anyway.... my idea, we could do a tour of popular slack channels doing an AMA to “keep the wider community updated”

What do you think???


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73
General Discussion / Re: Marketing efforts
« on: October 22, 2017, 06:22:54 am »
  As we slowly approach the new age of decentralized exchanges, more and more people are looking for  a good polo/'trex/etc alternative. We all know that there is already a fierce competition in the dex field. Right now it looks like our main competitor is waves - although we have consistently better daily volume, they've been on the market for a lot less time than we have and already have bigger following (at least at twitter they have x1.5 more followers than we do if that can be used as a metric).
 I know that our platform is better in every way (I can't relate to even the UI complaints), but it worries me that people won't care. Their marketing is better, more people are hearing about them and it won't matter to them that the order matching is centralized - for a non-tech trader as long as it works fast and reliably it will be a go to platform. And it will work fast and reliably, at least for some time - they will not shoot themselves in the foot with front running.
As we all know better tech doesn't always win, marketing does.
 We also know that Stan is organising a huge marketing effort for the billion hero campaign and has hired some strong names in the marketing business. Personally I have no idea where it stands right now, because he hasn't published relevant updates for some time, and what his exact gameplan is too.
 What I want to ask is why not hire the same guys that Stan has, who it seems are already familiar with our product, to take on the "routine" marketing for bitshares?
 Or do you think it's redundant because the hero campaign will do it anyways? I just feel like I'm sitting in the dark, waiting for a miracle to happen. "Soon, guys, soon the Mighty Stan will come and shine the light through our dark cave, you just have to beleive..."

I just want to see your thoughts on this, no disrespect to anyone.
No problem in running seperate marketing campaigns...


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74
https://bitsharestalk.org/index.php/topic,24158.msg309598.html#msg309598

Not a new idea, but I like the idea.

Effectively, shorters will experience debt destruction whilst holders experience the slow deflation of holdings.

I believe that such a proposal will have a one-sided market, with an over abundance of sellers (shorters) and a lack of buyers.

HERTZ style assets have the best of both worlds, both appreciation and deprecation.
In theory if it’s opposite to the hero coin a balance should be achievable as they cancel each other out


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75
would you buy something that you KNOW is guaranteed to be less worth tomorrow?

me neither.
Your missing the point. You wouldn’t buy it, but you would definitely sell it if you were holding. Therefore people will borrow to sell it to make a profit. This is the theory.


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