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Messages - johncitizen

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121
Keyhotee / Re: Can I sell one Keyhotee ID(BMW) here?
« on: January 25, 2014, 07:53:29 am »
Okay sounds good. Who can escrow this? Do you accept BTC or only PTS?

30PTS or 0.5BTC without AGS.
100PTS or 1.5BTC with AGS.

1.5 BTC unless someone outbids. Can donschoe escrow?

If you choose to buy with AGS, then you need to trust me because when I provide you the private key, myself also know the private key, in this case, you do not need an escrow, you have to trust me. If you only want to buy the ID, then you can choose an escrow. But I think trust is the best way to make the deal, we don't want to make the deal much more complicated.

How many PTS wallets do you have? Would it not be the same wallet you used for your other i.d?

122
Keyhotee / Re: Can I sell one Keyhotee ID(BMW) here?
« on: January 24, 2014, 11:50:50 am »
Okay sounds good. Who can escrow this? Do you accept BTC or only PTS?

30PTS or 0.5BTC without AGS.
100PTS or 1.5BTC with AGS.

1.5 BTC unless someone outbids. Can donschoe escrow?


123
Keyhotee / Re: Can I sell one Keyhotee ID(BMW) here?
« on: January 24, 2014, 10:02:46 am »
Okay sounds good. Who can escrow this? Do you accept BTC or only PTS?


124
Keyhotee / Re: Can I sell one Keyhotee ID(BMW) here?
« on: January 23, 2014, 04:23:01 pm »
Do the AGS come with the i.d?

125
NXT are also presenting a speaker

126
Keyhotee / Re: Can I sell one Keyhotee ID here?
« on: January 22, 2014, 11:26:37 am »
Im interested

127
General Discussion / Mining pool DAC
« on: January 11, 2014, 09:39:59 am »
The idea just occurred.

A mining pool DAC that automatically adjusts network hash distribution. This ensures the probability of %51 attacks are minuscule. Brings huge value to PTS/AGS in fees generated...

I cannot code, can someone offer an opinion?

128
General Discussion / Re: Bitshares release speculation.
« on: January 11, 2014, 07:06:18 am »
The release date could be affected by what the minimal viable product (MVP) could be.   Obviously creating and implementing a blockchain and centralized validation with command line wallet / trading system would be the MVP that could enable successful trading on the network.   Then Ripple style consensus, Qt GUI, Web Wallets, could be added after this MVP.   

Some may claim that a "centralized" command line system is not what was promised, on the other hand it could be a valuable stepping stone toward a full system that would maximize shareholder value in the short term and allow speculation on real BTS while we build out the rest of the infrastructure.   

So release date is really subject to whether we need a full Qt GUI to launch.   What are your thoughts?

Firstly,

We are essentially competing for market share. Some systems work alongside BTS where others may ultimately compete. Is is wise to have source code available on github?

It may be important to maximise short term shareholder value while also generating mass attention to the project. We have a large advantage in our current position. If we play our cards right, we will certainly become what is expected by Invictus believers.


I support this. It may be worth developing the trading system of BTS for release and then continuing the infrastructure? This has been the path of other 'systems' and has been relatively successful. MST for example are @ 0.18 BTC with nothing more than a promise? I do not mean to be rude but that is as it seems. Same for Ripple and NXT.

If we take the approach with BTS trading release, we will create a surge in AGS donations and PTS price. It may be thoughtful to consider how to sustain funding thereafter (see below). There would be appx 500k PTS left to mine and perhaps 1.8 million AGS left after a FEB release of MVP.

BTS would sit on coinmarketcap trading away, generating buzz and new investors, right where the world can see. That would draw a huge amount of attention to Invictus so we would need the websites sexy and information presented clearly. I am certain that this would generate a whole new flood of investors that will bid to capture positions in future DACs through AGS/PTS and also hustle bitshares for a piece of the BTS future dividend/fee.

Currently many are unaware of our plans. Think of this also. If we release BTS to market for speculation, new investors also have the opportunity to bid for AGS (and the remaining PTS) based on the business model of rewarding them %10 of DAC's.

We will be the first to provide the 'general public' with 'founder' status. Something even small time guys take immense pride in.

This seems like the 'royal flush'. (I make no reference to gambling, just the position held  8) )

These discussions are imperative and must reach conclusion ASAP.



129
General Discussion / Re: Bitshares release speculation.
« on: January 11, 2014, 06:15:21 am »
Based on this I would love to see  a weekly speculative release date and progress so we can get an idea of the value of AGS / PTS / BTC. Simply if today everything points to March release then I should continue putting PTS each day, but if then is July i would reduce the donation of  PTS. Probably a safer bet is to hold PTS (we all know how software projects get delayed) and invest AGS in BTC win / win. What do you think?

This is a great idea. It would drive interest as users speculate amongst one another. Although Invictus cannot tell us a definitive release, we can all gather an estimate. I will be focused in other areas from appx Jan 12th to 20th. I expect to be offline during this period.

I will be unable to conduct updates/future polls until after 20th, although I expect this poll will suffice and give an accurate market consensus. It would be more difficult to generate a long term trend from weekly updates?



130
General Discussion / Re: Bitshares release speculation.
« on: January 11, 2014, 05:03:30 am »
If you would like a better predictor on when the market thinks we will release BitShares then you should look at the AGS price.   Suppose we were to release BitShares in February there would only be 500K AGS while almost 1.5 M PTS and thus AGS would be 3x more valuable than BTS.   

On the other hand, suppose we were to release BitShares in July, there would be 2M AGS and less than 2 M PTS and thus PTS would be worth more than AGS.

Based upon the current exchange rates it seems the market is predicting a much later release because if we manage to pull off a February release then those investing in AGS today will get a 6x return over those who hold PTS.   Something to think about.
If you would like a better predictor on when the market thinks we will release BitShares then you should look at the AGS price.   Suppose we were to release BitShares in February there would only be 500K AGS while almost 1.5 M PTS and thus AGS would be 3x more valuable than BTS.   

On the other hand, suppose we were to release BitShares in July, there would be 2M AGS and less than 2 M PTS and thus PTS would be worth more than AGS.

Based upon the current exchange rates it seems the market is predicting a much later release because if we manage to pull off a February release then those investing in AGS today will get a 6x return over those who hold PTS.   Something to think about.

Thank you Bytemaster,

It is always a pleasure.

Personally, I think we will see a release earlier than the market is anticipating. Although Invictus have a good idea, it is exciting for small players such as myself to speculate without ulterior motive. The purpose of AGS was to reward investors that sacrificed PTS/BTC liquidity-those in for the long run.We are angels after all  :D. Invictus has a habit of rewarding those who support it. PTS/BTC donations directly funds BTS through the angelshare addresses.


My opinion,

AGS will hold a higher BTS ratio than PTS.

The release of BTS launch date may skyrocket PTS/AGS value as investors scramble in the two week bidding war to accumulate PTS/AGS.
I think Proto/angelshares are undervalued- and I'm loving it.

I can only speculate and I must state- "These are only my thoughts. Not intended to be investment advice."

My guess is for march. Locked in!

P.S. I reset the vote so people can choose from
FEB
MAR
APR
MAY

Those that voted, please recast. 

131
General Discussion / Re: Is NXT legitimate?
« on: January 10, 2014, 05:22:20 pm »
NXT is legitimate. Early stages just as all new crypto technologies.

Mastercoin, NXT and Bitshares.

All three have promising features in development. Overall I believe that Invictus will deliver the future. As an investor I have captured positions in all three. Its all alpha tech so far and relatively cheap.

I have the client and perform regular updates- Definitely not for gimps.

Yes, the theoretical potential is definitely there, but in my vocabulary, "alpha tech" means that the core of the "alpha" feature is mostly implemented, but it's just buggy or limited. But that's not the case with that stuff above, Bitshares doesn't exist yet AFAIK (only Protoshares), and NXT also doesn't have nothing yet, like the promised decentralized exchange. That's not alpha tech yet, it's just the promise.

But I agree with you - let's give them the chance, at least with Protoshares, I believe the concept is correct, it's just not validated in real world yet.

Haha, I am a gimp at times. Learning much lately.

Yes I agree. I think I used the term out of context.

In regards to my usage of "legitimate". Yes I believe they are not scam artists, but coders trying to build an economic system. Will it work? Well. That is the multi billion dollar question. Although I do see distribution flaws.

Same goes for all of these systems. I however, believe Invictus will dominate this market.


132
General Discussion / Re: Bitshares release speculation.
« on: January 10, 2014, 05:05:12 pm »
You mean edit? I think before may as early??

133
General Discussion / Bitshares release speculation.
« on: January 10, 2014, 04:59:49 pm »
With things heating up in the crypto-world, do you think an early release is planned?

134
General Discussion / Re: Is NXT legitimate?
« on: January 10, 2014, 04:03:46 am »
NXT is legitimate. Early stages just as all new crypto technologies.

Mastercoin, NXT and Bitshares.

All three have promising features in development. Overall I believe that Invictus will deliver the future. As an investor I have captured positions in all three. Its all alpha tech so far and relatively cheap.

I have the client and perform regular updates- Definitely not for gimps.

Scam accusations: if you had of sent BTC at genesis I don't think there would be an issue. I hear scamusations all day, even towards BTS business model.  People will no doubt label Invictus as unfair in the future, as ridiculous as it sounds.

We will know soon enough.


135
General Discussion / Re: How do you predict bitshares catching on?
« on: January 09, 2014, 04:18:54 pm »
I would expect users to migrate through existing services once a solid foundation of trust is established. There will be no overnight transition but we will first see the ever growing crypto-community first to adopt. Every second, a new business accepts BTC. See this overstock post highlighting BTS practicality. https://bitsharestalk.org/index.php?topic=2115.0

The whole industry is growing rapidly.

 There has already been high level discussion indicating the current foreign exchange market outdated, due for redesign. The problem is nobody knows how.
The global financial/network system is evolving in many ways. Invictus are light years ahead.

Once Bitshares becomes officially announced, things will really heat up. Just through current AGS price you can gauge a decent perspective. Right now I would say BTS are underground. The world knows of the bitcoin and some litecoin but no bitshare. True that only a small fraction of the crypto-community is aware. In 6 months it will be a whole new world.
 

Possibly within this period a number of large exchanges will be offering crypto-fiat (cryptsy is not far off). Although this will not be the only direct input, it will certainly benefit all cryptos. Perhaps Invictus have something up the sleeve? I do not fully understand the plans but I can piece enough together to know I need AGS/PTS.

At first I would imagine an illiquid market. One where a few G's or BTC's could wash the market in any desired direction. Just like some micro alts at the moment. I wouldn't think it long until the market establishes a true price. It will certainly be interesting.



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