1006
General Discussion / Re: Latest Market Screen Shot
« on: August 20, 2014, 09:39:31 pm »
It is simply beautiful, and totally worth the wait.
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1007
General Discussion / Re: I’m looking to purchase a large quantity of BTSX
« on: August 20, 2014, 09:36:49 pm »
I really hope no one has 60M shares - a fairer distribution would be better for everyone.
1008
General Discussion / Re: ethereum damage control thread on reddit - upvote
« on: August 19, 2014, 11:03:17 pm »Quote
BitShares guy here. Sorry we caused such a stir. We are not evil/greedy, Dan just sucks at PR.
I dont think he is bad at PR at all - on the contrary I thought it was a brilliant trick to get all the ethereans talking about BitShares
1009
General Discussion / Re: BM Black Swan insurance fund proposal
« on: August 19, 2014, 02:52:46 pm »So are BitAssets still on course for starting in August? Just wondering.any minute now .. I guess BM didn't want to release them right before the conference ... delegates are currently updating to the most recent version which has the hardfork to enable markets in them ..
1010
General Discussion / Re: BM Black Swan insurance fund proposal
« on: August 19, 2014, 02:31:56 pm »
So are BitAssets still on course for starting in August? Just wondering.
1011
General Discussion / Re: Nxt Rollback & Bitshares - Just an Idea for Consideration
« on: August 18, 2014, 08:47:38 pm »
Difficult question, but after BitUSD launches, there will be less need to keep BTSX on the exchanges, so this is less of an issue.
1012
General Discussion / Re: Changes to the forum - looking for proposals
« on: August 18, 2014, 08:29:28 pm »
How about having a ticker at the top with the current dividend APR ?
1013
General Discussion / BTSX as the proto-DAC for BTSX-derived chains
« on: August 16, 2014, 08:54:11 pm »
Can we get some more details about this? Stan was reminding us that BTSX is the proto-DAC for BTSX-derived chains.
Does this refer to a chain for assets pegged to company stocks for example?
How many BTSX derived chains will there be?
Will shares in the new DAC be allocated 1:1 for every BTSX, or will there be dilution to pay for development?
Makes me wanna buy mooore BTSX
Also, given that Bitshares uses TITAN stealth addresses, does this present problems copying everyone's balances into the genesis block of the new chain?
Does this refer to a chain for assets pegged to company stocks for example?
How many BTSX derived chains will there be?
Will shares in the new DAC be allocated 1:1 for every BTSX, or will there be dilution to pay for development?
Makes me wanna buy mooore BTSX
Also, given that Bitshares uses TITAN stealth addresses, does this present problems copying everyone's balances into the genesis block of the new chain?
1014
General Discussion / Re: In the meantime: Bter robbed ~50m NXT
« on: August 16, 2014, 05:30:30 pm »
Given that bter just got hacked, is anyone else weary of sending them money to load up on more BTSX ?
1015
General Discussion / Re: BTSX breaks $20MM Market Cap
« on: August 16, 2014, 02:49:58 pm »I predict the price will double within the month based upon how much people tell me they plan on buying and BitUSD turning on.
Who are these people? Overstock executives?
1016
General Discussion / Re: Maidsafe's inflationary Safecoin
« on: August 15, 2014, 01:31:36 pm »I find myself thinking that inflationary coins like this might be able to have users destroy coins when they buy storage space. Wouldnt that significantly cut down on inflation?
Thats an interesting idea - in that case the amount of Safecoins in existence would be proportional to how much unused capacity there was on the network. And it would still make holding Safecoin a losing investment as the network becomes more popular and more capacity becomes available.
On the other hand as the network gets more popular, the coins become more useful. Have to wait and see.
1017
General Discussion / Re: bter hacked and lost 50m nxt
« on: August 15, 2014, 01:08:54 pm »
Ouch.
I hope BTSX gets market pegged assets for all of the 2.0 projects such as NXT, ethereum etc. That way we can speculate on them without having to touch those centralized exchanges.
I hope BTSX gets market pegged assets for all of the 2.0 projects such as NXT, ethereum etc. That way we can speculate on them without having to touch those centralized exchanges.
1018
General Discussion / Maidsafe's inflationary Safecoin
« on: August 15, 2014, 12:54:18 pm »
Almost everyone here believes that the assets that you hold should provide you with dividends, not inflation. So what do we think about Maidsafe and Safecoin?
As I understand it, you can volunteer 10 GB of space for example to store 1GB of space on the Maidsafe network. If you provide much more resources than you are consuming, you are compensated with new Safecoin (known as farming), which can be spent later to store your data on the network.
What do we think of this business model? Do the needs of the Maidsafe network justify having an inflationary currency? Or should their system be redesigned into a DAC that actually provides dividends to shareholders?
The words of charles hoskinson come to mind when he said that rewards should go to people that support the network, as opposed to people that just hold the tokens.
Btw, anyone who wants decentralization should be really excited about Maidsafe. We should not be seeing it as a competitor.
As I understand it, you can volunteer 10 GB of space for example to store 1GB of space on the Maidsafe network. If you provide much more resources than you are consuming, you are compensated with new Safecoin (known as farming), which can be spent later to store your data on the network.
What do we think of this business model? Do the needs of the Maidsafe network justify having an inflationary currency? Or should their system be redesigned into a DAC that actually provides dividends to shareholders?
The words of charles hoskinson come to mind when he said that rewards should go to people that support the network, as opposed to people that just hold the tokens.
Btw, anyone who wants decentralization should be really excited about Maidsafe. We should not be seeing it as a competitor.
1019
General Discussion / Re: BitShares X at no. 5 on coinmarketcap
« on: August 15, 2014, 12:03:31 pm »
Its a start, but https://www.youtube.com/watch?v=EigIujKxDcE
1020
General Discussion / Re: Earn 5% on your BitUSD Now with BitShares X
« on: August 15, 2014, 11:57:09 am »I don't think it is a good idea.
BitUsd5 BitUsd6 BitUsd7 BitUsd8 BitUsd9......
Like
Goldcoin10%gold Goldcoin20%gold Goldcoin30%gold Goldcoin40%gold......
May be it will cause competition,and out-of-balance.
But have a try is ok.
Another question:
The Bitusd's largest number of supply100,000,000,000 USD , is fixed or Adjustable?
I agree - having multiple different BitUSDs looks messy, and makes the whole thing look like an experiment. Another way to introduce interest would be to have a single BitUSD, but gradually raise its interest from 0% -> 1% -> 5% etc, whilst checking that the peg still holds.
