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Messages - bytemaster

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241
General Discussion / Re: Mutual Aid Societies
« on: December 15, 2015, 06:50:53 pm »
What of the idea that insurance fosters irresponsibility? State laws aside, for example in a hypothetical free society, wouldn't you be a more careful driver if you drove an expensive car without insurance than if you shielded yourself from some of the risk by buying insurance?

That's not saying insurance is not useful, but what are the secondary effects? Could it be slowly changing our perspective  about personal responsibility?

The presence of insurance for Cell Phones means many people are "less careful" with how they handle their phones.  So the question becomes a matter of moral hazard present in all socialized activities.

Smoking Pot increases your risk of injustice.  Breaking any arbitrary law intentionally increases your risks.

So lets say you had insurance against getting mugged.  Does this mean you walk down a dark alley alone without a cellphone, gun, or pepper spray? 

We buy insurance so we can exercise our freedoms.  Insurance can only offset financial costs, it cannot give you back time spent in jail or points on your license, or increases in your car insurance rates.  There are plenty of incentives to behave in a responsible manner without government thugs piling on top.

I support insuring the pot smoker so the pot smoker can support onceuponatime in running a crowd fund campaign.  They are both intentionally engaging in risky behaviors, they are both exercising freedom, and neither one is harming anyone else.



242
Is this just for UIAs or smartcoins also?

Any asset has the potential to enable this feature.

243
Random Discussion / Re: What if bytemaster's right ...
« on: December 15, 2015, 02:38:15 pm »
One of the nice things about simulations is you don't have to start them at the beginning.

This simple MATLAB simulation has non-zero initial conditions.


So, if you were only interested in the part of history that involved human civilization, you could theoretically start your simulation of a 14 billion year old universe at some convenient point like, say, 6000 years ago.

If that's what happened, how would Science know the difference?

:)

I think the statement that everything is "cause and effect" may be misleading.  Can something simply exist without cause?  We know that the very first thing in the "cause->effect" chain must have no cause.

For starters cause and effect assumes time is real and not an illusion.  If you remove time from the equation there is no cause / effect.

All of history is merely a memory in the present moment much like all of the future is merely a dream in the present moment. Neither the past nor the future can be proven to exist. All we know right now is that you have a "memory" of something but that memory does not make that "something" real.

Quote
Time is relative, and flexible and, according to Einstein, "the dividing line between past, present, and future is an illusion". So reality is ultimately TIMELESS. This sounds pretty bizarre from the view of classical physics, but from the view of consciousness theory and spirituality, it fits in perfectly.

244
The reason for this warning is that the witness node expects users to first "register" with the database api before they query for database stuff ..
In this case you asked something from the database and haven't requested access to the database yet
http://docs.bitshares.eu/api/websocket.html#requesting-api-access

Not quite.  The reason for this is an assumption that the GUI wants push notifications of changes to any object it has queried. This message was put there to detect instances where the GUI was misusing the API.  However, it can safely be ignored if you don't care about getting updates.  We can probably delete the warning all together.

245
I would argue that the value of a FBA is proportional to BTS value.

Interesting math!   Can you do similar calculations for MAKER assuming MAKER gets on average 10% of all trading fees?

246
If we assume that the asset issuer only allocates 50% of trading fees to the incentive program then, the MAKER asset would receive 10% of all trading fees.

247
General Discussion / Re: STEALTH / BTS Market now accepting bids.
« on: December 14, 2015, 11:35:43 pm »
i don't get the purpose of this bids.

the 1 million shares of STEALTH will be transfered to once anyway, so why should i bid?

what i don't like at the moment is the 80% to STEALTH without the reverse feature talked directly on the first thread of this feature.

i agree with tonyk here - it is not a bid clear for for i am bidding and what are the terms.
a good idea (FBAs) executed in a rush.

The purpose of the BID is help onceuponatime to know how much he could sell his stake for and to give stakeholders an opportunity to see market demand when they vote for stealth.

248
General Discussion / Mutual Aid Societies
« on: December 14, 2015, 11:33:41 pm »
Quote
A benefit society, fraternal benefit society or fraternal benefit order is a society, an organization or a voluntary association formed to provide mutual aid, benefit, for instance insurance for relief from sundry difficulties.

A blockchain cannot provide insurance as it is traditionally known, but could easily create a community of individuals who help one another when they face difficulties.  These difficulties can be a wide range of things.

We live in a society where most good people standby and do nothing to help those who are the victim of state violence. This includes those who are punished for victimless crimes or laws that violate the constitution or other basic human rights.  Few people are willing to stand up to the government because the costs are very high on an individual.  If we could only stand together then we would all be protected and regain our freedom.

Typically the way this would work is this, each month members contribute funds to an individualized account that can only be used to reimburse authorized claims by other members. Each member would be allowed to make a claim for at most a multiple of funds contributed derived from the ratio of claims paid out.

The process of making a claim involves making a public request for help and getting the request for help certified by an oracle trusted to verify the facts of the claim. Once the facts are certified other individuals may review the claim and "donate" up to $100 from their locked up funds to cover the claim. 

Under this system individuals can only receive benefits if they are a victim, produce verifiable evidence, and have the support of a large number of independent users who individually transfer funds from user to user.

I would start this system for five classes of users:

1. Those who are accused of possessing illegal substances but have not actually harmed anyone
2. Those who are accused of traffic violations for behavior that did not harm anyone
3. Those who are accused of copyright violation
4. Those who are accused of participating in prostitution that did not harm anyone and where no children are involved.   
5. Those who have their assets seized   

In all cases we presume innocence and believe that the accused deserve a fair defense.

This is a unique product that could easily be codified in smart contracts and provide real world utility that does not exist elsewhere.   

This is also a controversial product that would generate a lot of media attention and attract people who might not otherwise care about crypto currency.

So the question is, how much would you contribute each month to join a community of people united in defense against government attacks on peaceful individuals?

If all funds / accounting were done using BTS then the amount you can get paid out will dramatically increase as adoption grows. The locked up funds would take BTS out of circulation until a claim was made.  It could get very interesting very quickly.

Thoughts?

249
This issue has been fixed and the next release should have this API as well as a new, more friendly API. 

250
General Discussion / Re: BitShares Dice FBA
« on: December 13, 2015, 10:59:48 pm »
The challenge with gambling is that it exposes the developers of the software to more risk than just about any other thing we could write.

251
OK now that this [explicit] is set in stone, I have nothing more I can do but open a poll:

what will be the average market cap loss for BTS between now and the time the stealth is out [my guess is about April].


It is ridiculous but I do think you guys are willingly taking a 2.5 to more likely 4 mil USD market cap hit, so CNX can cash 45K immediately, and onceaponaprivacydream can make this 45K suicidal investment.[the one he brakes even in about 3-5 years?]

---------
weighted market cap per CMC
Dec 13 '15 - 9,602,798
till 7 days before the stealth release is announced.

Tony, you are extremely short sighted.  How much of a market cap hit would BTS take if we weren't working on BTS at all?  How much of a hit would it take if we diluted BTS by 30K per month to fund features? 

252
Random Discussion / Re: What if bytemaster's right ...
« on: December 13, 2015, 10:24:21 pm »
I think it is very easy to present straw-man arguments of my stance that make it sound ridiculous. 

I believe that when it comes to unprovable concepts it makes sense to choose to believe whatever makes the biggest positive impact in your life, whether it is true or not.   At the end of the day, beliefs have power even if they are false.  They lead people to war, to die for others, to give, to steal, to love, and to hate.   If you believe someone is out to get you, then it will have an impact on your life whether or not there is actually anyone out to get you.

So given the choice between believing the following unprovable assertions I choose what makes the most powerful difference in my life.

1. There is no god, no higher power, and everything is made of "matter", consciousness is the result of electro-chemical processes in the brain and we ultimately return to dust.
2. There is a God and he is separate from us, judges us, and tells us how we should behave and punishes us if we disobey. 
3. Life is a dream, I am just a first person avatar, all of life and everything I perceive is part of one consciousness which is beyond my ego and which many would attribute the qualities of God. 

Of the 3 choices of unprovable beliefs, only one has given me positive results in my life by adopting it.  That doesn't make it right or wrong, it just means that it impacts how my brain interprets reality in such a way that I am more likely to be positive, full of love, and not afraid.  This in turn generates measurable benefits in my life.

253
General Discussion / Re: New features on CryptoFresh
« on: December 13, 2015, 10:09:58 pm »
Just last week I was hoping someone would put together a chart of transaction volume.  This chart shows a clear uptrend in the number of people using the market and transferring. 

I love this site! 

254
FYI this bounty has been paid.

255
General Discussion / Re: Millions of Features, Features for Me!
« on: December 12, 2015, 01:02:37 am »
In my humble opinion, BTS is so much more than Smart Coins at this point in time.   We shouldn't let that one feature shape our whole worldview.

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