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Messages - speedy

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For me the biggest disappointment of the BitShares platform so far is the promised 2.0 feature of the bond market. Ive been wanting to loan out my BTS and get interest on it for ages. I expect that many others feel the same way, and that this feature will give a huge boost to the daily transaction count, because BTS bulls now have something to do whilst patiently hodling their shares.

Is there any ETA on this?

General Discussion / Re: OPEN.BTC ?
« on: March 27, 2016, 07:31:27 pm »
Yes thanks, I have made a deposit and it shows up as OPEN.BTC

I just dont understand what the difference between OPEN.BTC and BTC they seem to be different markets?

All the 3 letter markets (BTC, USD, GLD) are Smartcoins / market pegged assets that are counterparty free, backed by collateral from BitUSD shorters who have to buy back USD to cover their short positions.

The markets with prefixes (OPEN.BTC, METAEX.BTC) are IOUs that are equivalent to deposits on another exchange.

Yes the gui could show this difference more clearly.

General Discussion / Re: Bitshares price discussion
« on: March 27, 2016, 01:41:46 pm »
How do we get the DEX added to tradingview?

General Discussion / Re: Move BTS from Polo to Bitshares 2.0
« on: March 26, 2016, 08:22:32 pm »
Your BTS username is what you specify as the recipient.

The stupid, idiotic, merger dilution stops in November.  Then inflation is really low, just what is being paid to workers.

We should have a countdown for that on the main page, its like a halving, only better because it cuts it by more than 50%

+5% * 2

" Ripple’s Path Finding Algorithm looks for the cheapest path for payments to move across the network. In this context, “cheapest” means the path that incurs the least bid/ask cost for the sender of a pay- ment."   Ripple is much advanced  than I thought.

If I understand correctly, you only need a path finding algorithm if you are autobridging via multiple currencies. I think all we need is to bridge via BTS, because everything trades against that on BitShares with at least some liquidity. Plus we want market pegged assets to be the eventual preferred markets, so its ideal for BitBTC and BitUSD to be bridged by BTS. I dont think anything else is needed.


That diagram explains it very well, and of course BTS would be our central bridge currency.

Yes autobridging is needed! Here is why: If we had autobridging we could share links to the BTC:USD market and users would see the exact same price ranges they expect on other dollar denominated bitcoin exchanges, except without the counterparty risk. They would feel comfortable switching their exchange over to BitShares.

It sounds pretty easy to implement autobridging - we only need to bridge via BTS.

tldr; BitShares has an identity crisis. We need focus and to find our own market. Imo our niche should be financial markets.

Totally agree. People think we are just an altcoin and dont even realize BitShares is an exchange. How to change that?  :'(

Ive talked in r/Ethereum and they say things like:
"-I have no need for the smart contracts that BitShares offers"
"-So what smart contract are you waiting for from Ethereum"
"-I dunno, I just know that someone will write something that I will want"
"-Like CFD markets, prediction markets etc?
"-BitShares already has those..."
"-Yeah but Vitalik so handsome" (or some shit)

So frustrating.

General Discussion / Re: London Meetup
« on: February 25, 2016, 11:19:49 pm »
I'll be in London the weekend of the 11th but I guess that's a bit short notice.

Im away that weekend :-\

I'll be in london at the weekend of the 23/24 of April. Would like to see some of you. 

I can do that - anyone else?

General Discussion / London Meetup
« on: February 23, 2016, 07:14:24 pm »
Whos up for another London meetup? Theres lots to talk about, and there are a few new London/UK members here like Jonny. Love to talk about

This will be the first meetup since BTS balances became public, so that will be fun ;)

General Discussion / Re: dShares Name discussion
« on: February 23, 2016, 12:36:44 am »

I think the reverse is true - democracy will eat capitalism. People always vote for free stuff paid at the expense of other people's personal and economic freedom.

His message is basically against the purpose of cryptocurrencies. He advocates Keynesianism whilst claiming it can somehow be reconciled with libertarianism and empower individuals (13:10).

He then admits that he is totally confused (14:50).

General Discussion / Re: Potential BitShares Road Map for 2016
« on: February 19, 2016, 11:39:32 pm »
Can we put autobridging on the roadmap? It doesnt sound too hard to allow market pegged assets to be swapped via BTS. The impression of added liquidity that it would give to BTC:USD would be huge.

General Discussion / Re: BitShares 2.0.160216 Released
« on: February 17, 2016, 11:38:42 pm »
Why cant we hype our releases with hip names? Ethereum calls their releases things like "Homestead" - ive no idea what it means but it sounds important. Ive even seen people on Polo chat about what Homestead will do to the price.

We could have called this release Stealthy Salamander or something but we called it 2.0.160216

General Discussion / Re: Attracting more fiat onramps/offramps
« on: February 13, 2016, 10:33:55 pm »
What is your ONE best idea for us to get more banks, or exchanges (or whatever) that will onramp and offramp fiat with our smartcoins?
Currently, it is VERY expensive to get in and out of fiat with smartcoins and we need to bring some competition to this space.
ONE great idea, please..

Use dilution to bribe/incentivize a big exchange to add us.

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