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Messages - fuzzy

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4801
I like the general idea of "moving beyond" with interstellar or transgalactic imagery. The association to protostar is perhaps a bit too subtle unless explicitly stated. And protoshares is trademarked, so Invictus will not use it in the next promotional wave. Perhaps we'll end up with protobitshares, but if not, they might decide to rebrand it as BitShares PTS or perhaps something else entirely.

How about something like this idea?



 +5%

4802
General Discussion / Thunderclap...looks promising.
« on: March 12, 2014, 12:30:20 pm »
https://www.thunderclap.it/?locale=en

Anyone familiar with this?

4803
General Discussion / Re: Keyword List
« on: March 12, 2014, 09:52:04 am »
Hashtags from another thread:

Quote
Hashtags:
#AGS
#backedbymath
#bitcoin
#bitshares
#BitsharesX
#blockchain
#BTS
#crypto
#cryptocurrencies
#cryptocurrency
#cryptoequities
#cryptoequity
#protoshares
#PTS
#nakamoto
#satoshi
#SatoshiNakamoto
#XTS

Libertarian-themed

#Liberty
#Bankingcartels
#Privacy
#Freedom
#Surveillance
#FederalReserve
#Fiat
#Debt
#FreeMarket
#Decentralized
#LimitedGovernment

4804
General Discussion / Re: Reddit thread mentions keyhotee
« on: March 12, 2014, 09:44:42 am »
copied form Reddit thread that you mentioned
Quote
Ethereum may not be a scam, but it is little better. About 22.5% of Ethereum coins are being held by the developers for "development activities." If Ethereum were to become as popular as bitcoin, the developers would have 2 billion dollars for their "deveopment."

Unlike litecoins or most other coins, Ethereum was not distributed fairly for miners to make a choice whether or not to get in. Instead, much of Ethereum is pre-mined. They don't publicize this, so most people aren't aware.

I will never support Ethereum and I suggest that people here do not either. Nobody needs to assign themselves 22.5% of a currency for any purpose. Ethereum is little better than Ripples, which are mostly held by the corporation that created them, and which makes huge profits when their value increases.

    permalink
    parent

[–]sjalq 0 points 55 minutes ago

Seriously dude, you actually wasted a few minutes of your time taking me to town for "promoting" it because I felt is was futuristic.

    permalink
    parent

[–]sjalq 0 points 56 minutes ago

The pre-mine is irrelevant to its usefulness. It does support a bunch of things (like contract states and Turing complete contracts) that Bitcoin does not and will have a very difficult time implementing.

If the system is useful why care if they pre-mined it??

    permalink
    parent

[–]quintin3265 1 point 2 seconds ago

I'm currently having an argument with someone in /r/bitcoinmarkets who has $64m in bitcoins. I told him that if I had so many bitcoins, my money would be in T-bonds tomorrow and I would resign in 2 weeks.

Similarly, if I was a developer of Ethereum, and I suddenly discovered that my 22.5% of pre-mined Ethereum coins were worth $64m, I would sell everything I had, stop working on Ethereum, and do what I want with my life.

As you can see, the main problem with developers having an excessive amount of money is that there is no reason for them to continue development. They would be fools to take the chance at having a boss telling them what to do for the rest of their lives once they would click one button and be able to decide for the first time what they want to do every moment of every day.

You might be able to make an argument for premining with a smaller number of coins, but they simply don't need that much money. It's an absurd amount. Ethereum doesn't need to mature to even a fraction of litecoins' market cap. The developers can cut out, crash the market, and most importantly take all the domain knowledge with them, and the project will die because nobody knows how to continue it.



Oddly, a quick "find" of the term "ethereum" on here returns nothing.  Are mods of this subreddit pulling potential negative opinions of ethereum off?  Post critical comments to the ethereum subreddit a couple times and see how long it takes before they ban you from posting. 

Regardless, I just finished upvoting all posts with the term "Keyhotee" in them. 

4805
General Discussion / Re: Front Page Roanoke Times
« on: March 12, 2014, 07:59:15 am »
Floyd entrepreneur cashes in on virtual currency craze
http://www.roanoke.com/

After tomorrow:

http://www.roanoke.com/news/local/blacksburg/floyd-co-entrepreneur-cashes-in-on-virtual-currency-craze/article_d07256fc-a66f-11e3-b845-0017a43b2370.html

One thing I notice as a fellow geek, that is a bad ass multi-monitor setup. I am jealous.
Does it boost productivity as much as I think it does?

Yes it does.   

FYI the two monitors were purchased a year prior to starting Invictus and the iMac was purchased long prior to even PTS launching... just in case anyone thought I was using AGS funds to buy computer bling.   

if it's a dev pc then i wouldn't mind

+1  ...gotta have the right tools!

Not to mention the 10,000 ft runway we had to put in so that Federal Express could airlift the pallets of 12oz pressurized liquid caffeine cartridges needed to keep those monitors fully utilized 24x7...

I told you to just buy the factory and be done with it!

but seriously, i think that more costs of development should be from the fund. Even Stan deserves a high chair.
+5%
If anyone deserves a high chair its Stan. ;)

4806
Keyhotee / Re: Keyhotee Visions
« on: March 12, 2014, 06:55:46 am »
Coming from what we have been trying to do from the community "marketing" and education side of things, I thought it would be nice if Keyhotee would enable people to easily tip forum and other community members who provide valuable open source content. 

I also sincerely hope that Keyhotee will have a mobile friendly version because the people who most need these banks and exchanges are those in 2nd and 3rd world countries.  Many of these people do not have a computer, but most of them have mobile devices. 

4807
General Discussion / Re: Rollback conditions
« on: March 12, 2014, 06:51:43 am »
bump...er +5%

4808
General Discussion / Re: [POLL] How much would you sell your BTS for?
« on: March 12, 2014, 06:45:36 am »
That's the public part. But don't think for a moment these folks aren't playing other angles behind the scenes.

100% agreed. 

One has to wonder, then, is it possible to create a DAC that actually operates as a real exchange?  Seems to me it should be.

4809
On spawning DACs honoring the Bitshares Social Consensus

Each time a new DAC honors the Bitshares Social Consensus, the Bitshares AGS and PTS holders are happy since they receive a fifth or more stake in the new DAC. Each time Invictus launches a new DAC, they honor the Bitshares Social Consensusand give the Bitshares AGS and PTS holders a fifth or more stake the new DAC.

Why does Invictus do this?
Because Invictus promised to do so in exchange for the funding provided through AGS and PTS. In addition, Invictus are themselves holders of AGS and PTS, so they have incentive to follow through.

Why would anyone else do this?

Through funding Invictus has come into possession of significant funds. This allows them to create an attractive infrastructure that promises all young and aspiring DAC creators a slice of heaven if they commit to the Bitshares Social Consensus.

How does Invictus and the AGS/PTS holders promise young and aspiring DAC creators a slice of heaven?

So far there have been a number of suggestions.

1. Prizes, Bounties and Stipends
-- Stan's idea of a Shark Tank-like competition with a panel of judges where the prize is incubation, hosting, consultation support and promotion, and maybe stipends and cash?
-- Bounties for Bitshares Social Consensus honoring DACs, such as that suggested by Adam
-- Stipends to cover legal fees, travel/stay at incubator, etc,

2. Hosting and Incubation
-- Work in one of the incubators,
-- Free fully equipped office space,
-- Participate in presentations and meetings,
-- Interact with the Invictus team,

3. Consultation and Support
-- Legal, accounting, financial and tax support,
-- Forum and web site support,
-- Consulting with Dan Larimer and the team of innovators,

4. Promotion
-- Promotional support integrated with the global marketing campaign,
-- Help with reputation on the forum and through the Bitshares website,
-- Opportunities to speak at a major conference,

5. Community
-- Ready-built community - lots of informed eyeballs on your idea and help with refining it.
-- Attract PTS holders as a pre-selected informed group that have proven they won't mine and dump.
--  Attract AGS donors as a pre-selected informed group that have proven they will invest in good ideas.

6. General
-- Get help from Invictus and the AGS/PTS holders in removing whatever obstacles stand in your way.

Arguments for young and aspiring DAC creators to honor the Bitshares Social Consensus

So far there have been a number of arguments.

-- What's the alternative? Many would suggest you give it *ALL* away to mostly fly-by-night mine-and-dumpers, or that you keep it to sell, in which case you could be accused of transmitting money, offering securities, or pre-mining.

-- Of all the fair share distribution models that have been tried, the PTS/AGS combination has perhaps been the most successfully fair funding campaign.

-- What happens when your DAC suddenly has multiple competitors cloning it and looking for ways to overcome its first mover advantage? Think ahead and attach yourself to a large, fair, open and prosperous community.

-- With as little as 20% to the AGS/PTS holders there is still as much as 80% left for whatever you desire. One option is to do an AGS-style fundraiser where people donate crypto to your cause for a stake in your DAC.

Brilliant CLains...once again, above reproach.

4810
General Discussion / Basic Image for Beyond Bitcoin (with PTS Bias)
« on: March 12, 2014, 05:19:53 am »



After reading the article below, really started thinking about how similar this was to "protoshares" concept.  A protostar is an early star as it forms...when it finally collapses, an entire solar system complete with planets and (possibly) life. This was the inspiration for the image above.

Feel free to use/alter this if you want as I intend on making more of them as I learn the necessary skills to flesh out the social media sites we are constructing for "Beyond Bitcoin".

Quote
From:  Wikipedia -- http://en.wikipedia.org/wiki/Protostar
Star formation begins in giant molecular clouds. These clouds are initially balanced between gravitational forces, which work to collapse the cloud, and pressure forces (primarily from the gas) which work to keep the cloud from collapsing. When these forces fall out of balance, such as due to a supernova shock wave, the cloud begins to collapse and fragment into smaller and smaller fragments. The smallest of these fragments begin contracting and become protostars.
As the cloud continues to contract, it begins to increase in temperature. The temperature increase is not caused by nuclear reactions but rather by the conversion of gravitational energy to thermal kinetic energy. As a particle (atom or molecule) falls towards the centre of the contracting fragment, its gravitational energy decreases. As the total energy of the particle must remain constant (due to conservation of energy), the reduction in gravitational potential energy results in an increase in the particle's kinetic energy. The kinetic energy of a group of particles is the thermal kinetic energy, or temperature, of the cloud. The more the cloud contracts the more the temperature increases.
Collisions between molecules often leave them in excited states which can emit radiation as those states decay. At the temperatures of a protostar (10 to 20 kelvins) most of the radiation is in the microwave or infrared range of the spectrum. At this early stage of star formation, most of this radiation escapes, preventing a rapid rise in temperature of the cloud. This stage of protostar evolution is known as the isothermal phase.
As the cloud contracts the number density of the molecules increases, making it more difficult for the emitted radiation to escape. In effect, the gas becomes opaque to the radiation and the temperature within the cloud will begin to rise more rapidly. The gas cloud still has much more gas at this stage, called a Class 0 protostar.
As the system evolves, more and more emission starts to come from the protostar rather than the surrounding dust and gas. In the Class I stage, the protostar is now about the same mass as the surrounding envelope.
The next stage of protostar evolution is the classic T Tauri star (a.k.a. Class II protostar). In this phase, the temperature increases substantially and this disk becomes substantially smaller than the protostar. In the final stage of protostar evolution, the temperature rises and the surrounding material becomes an order of magnitude smaller, becoming a Class III protostar ('weak' T Tauri star). [2]
Infrared measurements taken by the 2MASS and WISE astronomical surveys have been particularly effective at unveiling numerous protostars and their host star clusters.[3][4]

4811
General Discussion / Re: [Social Media] Team Viral
« on: March 12, 2014, 04:33:14 am »
we should come up with some elements and concepts basic to Bitshares that can be directly related to more popular or mainstream problems and start conversation or content generation around them for submission on in high traffic channels that are indirectly related.

We should then all participate in the conversation, then encourage movement to r/bitshares.

Good idea.

When should we meet at the Bat Cave?

Do we even have a Bat Cave? Maybe the chat on this forum, or an IRC channel. Or a facebook group. What do you guys think? And what about timezones? I'm available 10am to 10pm CET.

This seems to be a good place to use some of those Beyond Bitcoin platforms previously established.  Google hangouts are wonderful and can be easily edited/posted to youtube, embedded in forums/webpages/twitter posts...

As for times.  Weekends are best for me...especially Saturday nights.

4812
General Discussion / Re: Intro Video Script for website: thoughts?
« on: March 12, 2014, 04:29:00 am »
I like this very much.

My one caveat is that having: "add in employees" "show them each going poof"
"and give all the money saved to the customers?"
will open up of an attack vector by vested interests.

Political enemies of our innovations might make hay with that by spotlighting the disruptive side of this opportunity.
 
FOX News, CNN, et al are very adept at capitalizing on opportunities for spreading FUD.

Lets not forget there is also the potential for a company having no "employees" can be seen as a bad thing and will be used that way in the political sphere.  Instead, we can say "we are all employees; by simply participating in the ecosystem we all are paid for the services that ecosystem provides...so our employees don't even have to 'work' in the traditional sense of the word". 

4813
General Discussion / Re: [Social Media] Team Viral
« on: March 11, 2014, 09:01:24 am »
I would like to participate in the discussion. I also have some ideas.

 +5%

When should we meet at the Bat Cave?

Right.

I do think we should come up with some elements and concepts basic to Bitshares that can be directly related to more popular or mainstream problems and start conversation or content generation around them for submission on in high traffic channels that are indirectly related.

Ex. Topic: Bitshares X as an Alternative Exchange and Trading Market; Posted here: http://www.reddit.com/r/investing/
Look at the comment numbers for these related BTC topics in r/investing: http://www.reddit.com/r/investing/search?q=bitcoin&restrict_sr=on

We should then all participate in the conversation, then encourage movement to r/bitshares.  The of course we can chill in the cave.

Well I know you are on the same page as me...

https://bitsharestalk.org/index.php?topic=3529.0  my contribution thus far in this thread

4814
General Discussion / Re: Hashtags & Influencers utilized for Twitter
« on: March 11, 2014, 08:40:18 am »
Damn this is a good idea...

I follow many non-"mainstream" personalities who are a part of the liberty movement and real journalism.  They have a distaste for central banking cartels wherever they exists.  They would be great to forward these items to and cryptocurrencies would open up a new world of investment in their largely donation-only services. 

ALL of the following journalists are anti central-banking.

@thejoycamp  (http://www.youtube.com/watch?v=yhGahvyDD6s)
@greg_palast    (http://www.youtube.com/watch?v=ogc-LRWByhY)
@LukeRudkowski     (http://www.youtube.com/watch?v=3yCqI837BHU#aid=P7zTnTJtNYgalso interviewed palast in link above)
@ben_swann     (http://www.youtube.com/watch?v=dInp-0IPtMY0
@geraldcelente    (http://www.youtube.com/watch?v=czBIBEMuRQU#aid=P-e8koXO4RY)
@TrendsJournal    (Gerald Celente's Trends Forecast)
@USAWatchDog   (Greg Hunter http://www.youtube.com/watch?v=D7-XnFoiEbY)
@GregMannarino    (interviewed by Greg Hunter from above http://www.youtube.com/watch?v=DzQcVMgB3wo)
@SGTReport        (http://www.youtube.com/watch?v=6lgo7YqlYDY)
@BrotherJohnF   (also runs TheBitcoinChannel:  http://www.youtube.com/user/BitcoinChannel)
@Drudge           (www.drudgereport.com)
@learnliberty  (http://www.youtube.com/watch?v=6xNlizxmLEg#t=187)
@BillStill         (http://www.youtube.com/user/bstill3)

4815
General Discussion / Re: [Social Media] Team Viral
« on: March 11, 2014, 04:26:47 am »
I would like to participate in the discussion. I also have some ideas.

 +5%

When should we meet at the Bat Cave?

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