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Messages - fuzzy

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4876
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 18, 2014, 03:16:14 pm »
This would help to divert the constant trading of altcoins back into bitcoin and would provide the liquidity "stolen" from the Bitcoin ecosystem and spread it across the consensus-adopting Devs/Communities.  Those who complain about devaluation of their PTS for this would be gaining value from the 10% stake they get in the next blockchain/crypto...and better yet, it would provide liquidity for all involved over time.  Once Devs from other altcoins start realizing this (especially those for services like GameCoin, SexCoin, DevCoin...etc) would likely start pouring in trying to do the same.  But the initial movers would gain the most over time from this move (for an example...look at litecoin. 


But like I said, these are only my thoughts.  I would be glad to hear other opinions.

4877
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 18, 2014, 03:10:01 pm »
Just can't think of a better way to reinforce the value for all parties...which also means Devs have a vested interest in the value of each other's currencies because the richer the entire community, the more wealth, Devs with other cryptos could do the exact same thing...

This would make Bytemaster and friends happy because PTS will be the first mover on that level and as such will have a significant advantage that diminishes over time and evens out naturally as more competition enters the system.  This would also give communities incentive to port bounties amongst each other. 

Sorry for posting this as I know this is a hard topic to work on...and obviously a sore spot for different parties (especially for investors!!! :O), but this seems to be something you could do even without giving the 10%...just not sure how much the community will want to invest PTS into NoirAngelShares without it offering them an act of good will first.  I mean, if I were rich I certainly would...and might be able to put a BTC in over time, but I would do so feeling more like either PTS or NIG is going to destroy the other as opposed to forming a symbiotic form of competitive relationship...

I guess with that said, ByteMaster should have tried to accept MMC in addition to PTS for AngelShares...but I think it might be too late for that (and, personally, that is ok with me because we are still experimenting and I trust their intentions).  It certainly would add value to MMC though...and incentivize their people to work more to the benefit of PTS because their fates would be more intertwined. 

just some thoughts.  take them or toss them...but I hope these words make their way to you and are considered moving forward, regardless what you do ;)


4878
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 18, 2014, 03:04:35 pm »
hm...I am wondering if you should have given the 10% and then afterward said "I would like to give PTS owners the ability to donate NoirBits, NoirShares, BitShares, Keyhotee Points, and MemoryCoin for our AngelShare fund"

I hate to say it, but it just feels like it makes sense...because it creates a sort of feedback loop wherein the social concensus actually benefits new devs with a free-market approach AND the entire community. 
 

4879
General Discussion / Re: Bithaus: Progress update [Last Update: 16/02/2014]
« on: February 17, 2014, 04:18:34 pm »
Very nice work indeed.  Gotta love seeing what these fellas are doing...


4880
MemoryCoin / Google Hangout for all Social Consensus-Honoring DACs
« on: February 17, 2014, 01:01:17 pm »
I am currently in the planning stages of building a community Hangout for all Social Consensus Honoring "DACs" and their key community members.  My current plans are finalized (though never completely set in stone if a better idea arises).  The primary plan is to Interview Developers of DACs that honor the social consensus model and of DAC utilities (such as Dark Wallet, Electrum...etc) who provide infrastructure for the community. 

Secondary plans are to enable community members to forego advertisements (for my own personal gain) to post their own work (along with their wallet Barcode) for display on the show for tips from the community, enable community members to post their own bounties with contact information, during and before, and to enable users to submit questions for popular Developers and vote on which ones will be asked in the forums. 

It will be a Google Hangout with Chat enabled, but only with video and audio for the guests and hosts.  It will last approximately 2 hours.  The first hour will be a "hangout" period, during which I will cycle through a number of advertisements that the community creates and will attempt to answer questions in chat...along with the potential of drawing especially pertinent questions from there as well. 

Of course I will have my own questions if need be, but I hope those of you who are interested in participating (MMC community deserves this opportunity for honoring the social consensus) will gain primarily insight from you...the community. 


Please visit the provided link to give me your opinions, to vote it up (or down) and to hopefully contribute a potential name to the pot.  We will likely vote on the name as well.
https://bitsharestalk.org/index.php?topic=2572.0


My sole intent on this is to help people understand the power of directing the "force" that is our community and allowing it to guide us with its invisible hand.  As such I will remain Pseudonymous and generally out of "view".  I will only ask questions and will attempt to make this hangout a "Tabula Rasa" only to be colored by the hands of community. 


(P.S.  If you would like to hear from MMC's Dev's, please let them know about it.  Their fame among in the crypto-space will only help your bottom line)

4881
What do you think about "Free Space"?  I think that name goes well with the initial plan.  Still listening though for more opinions.  I will leave the names open for the next 2 days.  I will then post a vote in the community to see which name gets the highest votes. 


4882
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 17, 2014, 12:12:57 pm »
Tell me the tangible benefits to this issue and then tell me what assurances NIG has that PTS holders will not repeat the massive dumping that was done on MMC. Too many units existed in the beginning, that resulted in dumping. Bitshares X is funded by PTS which has a steady value and BTC, so you cannot seriously try to use it as an example.

"Rome wasn't built in a day"

Just want to let you know I have been trying to get into talks with MMC's people to interview them and have a sit-down, two, three with the community.  I will like to attempt this with every new "DAC" that honors the social consensus in some way so I can help to grow the community and build a channel to help bridge the gap between Crypto-Devs and the Community.  It would be nice to help Devs get face-time with (potential) community members so they can gain a higher level of trust among the entire crypto-network. 

At first, ONE crypto-equity is going to rise above the pack.  BitShares has the potential if this social consensus is adhered to, or some other (NoirShares?).  I do not care which one, but I know one thing...it will not have a divided group of Devs trying to pull the social consensus in multiple directions will fragment movement in ANY helpful direction. 

As I see it, BitCoin largely grew because of Litecoin helping to open up a user-base who didn't yet understand the tech (and were not first adopters) to become "second adopters".  This broadens the user base and opens it up to more people.  So with that said, I am all for honest competition between Crypto Equities, but see the need for social-consensus-honoring services as well.  Using NoirBits as a means for purchasing NoirShares is similar to PTS funding model, but this is open source soooo if you are writing the code but just using the funding model then sure... 

Regardless, with NoirShares, I am starting to read that it does not use Invictus Code and as such is not expecting support from our community.  As such, I say go for it Barwizi.  It is a big loss to the community to see you with your efforts put elsewhere and I will be sad to see you go, but it is what it is and a project like NoirShares will be a full-time job.

With all this said, however, I am beginning to wonder if certain other platforms with so much BitCoin momentum are not going to blow all these fragmented attempts at crypto-equities away.  Remember this, they have many hardcore BTC Devs behind them and are riding on the coat-tails of that to keep hype up for their product.  I really do not know how any other crypto-equities are going to stand a chance without a pooling of community-members to create a similar project to what is occurring with them.  One crypto-equity will hold a competition to get the best algorithm from some of the brightest minds, and will likely hire all of them afterwards.  THIS IS HOW you get Devs to sign-on for the long haul.  They need to believe that if they do not, their chances are far worse for succeeding. 

Sincerely hope the people from both Invictus and NoirShares are listening on the last point. 


(P.S.  If you are looking for utility, give PTS holders the NoirShares, but create an "AngelShares Noir" fund where PTS/BTC/NoirBits are all accepted...this way miners know that at least a portion of the shares they mine will have a higher chance of becoming valuable and will not be subject to quick sell-off--i.e. devaluation.  Invictus' model was an attempt to help set a standard so there were not 1000 pump-and-dump altcoins like BitCoin had.  Though miners love it and get rich quick, it doesn't help society or the community--and worse incentivizes the public to BEG for regulation in the "mining" industry)




4883
Keyhotee / Re: Keyhotee Status Update
« on: February 17, 2014, 05:22:01 am »
I'm not following every thread, so my question is:
Is there a way to quickly check the status of the own Keyhotee founder ID?
(I mean like an online check which just says "Your ID will be in the genesis block" or "will NOT be..." or "is currently unknown"... something like that)
Yes, launch Keyhotee and go to the contact view info for your identity, if it's registered in the name server, it will show points beside the name, like this:

Note this only happens after the Keyhotee rgistration server is updated from the latest web form submissions, which we manually do every couple of days. Next planned update is Friday night.

Will people be able to buy points for their account with BitShares? 

4884
Still checking for final release.  Be back later ;)

4885
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 16, 2014, 05:40:13 am »
Well this is confusing as hell. I went to the forum in the main post and checked out a pool and not entirely sure its the right coin Noirbits as it diff is 8 and blocks mined already over 100k.

Very confusing and everything is all over the place with this new coin. Sorry barwizi but I have no idea if this coin is new or is it Norbit coin.

You should of prepared everything and just launched instead of doing these silly "PRE-ANN" that seems to be going on alot more now and having awful launches. Guessing diff started at 0 so some lucky miners instamined couple of dozen blocks.

Noirshares=fail...this thread should be move to bitcointalk now.

Back to PTS...

Let's remember the only way for these things to fail is if they fail to get strong public buy-in and/or have Devs only concerned with getting rich with no real product or service. 

As for the Pre-ANN, this is another reason why I would like to help offer another format.  Pre-announcements are great for transparency purposes...the only issue is that pre-announcements serve to inform the special interests who have grown into this space because they either have large mining operations or know someone who does. 

This is why I love the PTS social consensus...because it opens this up more to a larger user base.  This is something BitShares PTS has over competitors...if it is upheld. 

@barwizi, thanks for everything you have done man...please feel free to let me know what you figure out.

4886
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 15, 2014, 02:27:08 pm »
Oh, and btw, if you offer something like "NoirShares AGS" and we can iron out what exactly all these Crypto"Shares" are about nowadays (hopefully in a 10+ minute chat), I and others might want to donate some PTS so you can fund further development.  ;)

"Your eyes can deceive you. Don't trust them. Stretch out with your feelings" --Ben Keyhotee to Luke

wow, that is actually the first coherent reason i have heard to honour PTS since i launched, you sir may make a fine advocate. The idea is in the works,, but i'd like to confer with open minded people on how to implement, maybe you can be part of the conversation and help us create a free open and auditable fund that will benefit the group, the community and even future DACs

Well lets do this in an open audio format so people can listen in their cars.  Let's use this to....create buzz!  And for God's sake lets please make sure we always try to attach it to something everyone loves and is slowly becomming a tradition--Star Wars :D

Oh...and btw, I have plenty more ideas and, since I am not intending on doing this for any material return per se, it gives me some interesting options that a "for profit" version would not give to bring an audience.

I'll start writing once i've had some R 'n' R, i'm tired, barely 5 hours sleep in the last 3 days. Yes, i will tip you , but i like that it's not for direct profits, it makes you impartial and you can point out some of the problems we have without being accused of bias.

Well...I AM biased, because of how Invictus intended to launch their operation.  There were a few "ethereum" moments in the beginning (especially around the launch of AngelShares), but I have come to really see all of you as a family BECAUSE I felt like even though my skills in creating cryptocurrency were not to the level required, I could still contribute to something better.  Don't know about you, but I haven't had that feeling since the beginnings of Bitcoin.  That is precisely why I am here...and thank you for appreciating :)




4887
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 15, 2014, 02:08:46 pm »
Oh, and btw, if you offer something like "NoirShares AGS" and we can iron out what exactly all these Crypto"Shares" are about nowadays (hopefully in a 10+ minute chat), I and others might want to donate some PTS so you can fund further development.  ;)

"Your eyes can deceive you. Don't trust them. Stretch out with your feelings" --Ben Keyhotee to Luke

wow, that is actually the first coherent reason i have heard to honour PTS since i launched, you sir may make a fine advocate. The idea is in the works,, but i'd like to confer with open minded people on how to implement, maybe you can be part of the conversation and help us create a free open and auditable fund that will benefit the group, the community and even future DACs

Well lets do this in an open audio format so people can listen in their cars.  Let's use this to....create buzz!  And for God's sake lets please make sure we always try to attach it to something everyone loves and is slowly becomming a tradition--Star Wars :D

Oh...and btw, I have plenty more ideas and, since I am not intending on doing this for any material return per se, it gives me some interesting options that a "for profit" version would not give to bring an audience.

4888
I've thought about two channel names thus far:  Tea w/ Keyhotee, The Block Explorer. 

What do you think?  Any other suggestions?

4889
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 15, 2014, 12:16:49 pm »
Oh, and btw, if you offer something like "NoirShares AGS" and we can iron out what exactly all these Crypto"Shares" are about nowadays (hopefully in a 10+ minute chat), I and others might want to donate some PTS so you can fund further development.  ;)

"Your eyes can deceive you. Don't trust them. Stretch out with your feelings" --Ben Keyhotee to Luke

4890
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 15, 2014, 11:34:23 am »
What allocation are you doing in the genesis block?

I'll allocate only 1% , i'd like people to actually mine this, rather than depending on their PTS to just accumulate them stake. While it benefits the company to have a wider user base, i'll also need people to make real investment in the ideas and ventures. But since we all seem to be on good terms, NIG will be participating and assisting I3 in all ways possible, including funding mutually beneficial projects.

Again we see the limitations of defining in text what the invisible hand wants.  Seems like so far the invisible hand wants 1% rather than the 10% prescribed.

As far people offering 1% and preferring to 'mine' it into existence... I just shake my head.   Obviously you are attempting to mirror our business model in some manner and imbuing your coins with additional backing.   Without a 10% honoring we will not be able to back, promote, or otherwise support your coin.

People mine shares so that they sell them for profit, they expend resources and time in an effort to accumulate the assets which they they divest at a profit.  The assets gain value by miners evaluation of the cost of their mining operation and their expected returns. Mining, and expenditure of resource to gain these shares gives these resources value, this is why PTS was mined, people anticipated that they would earn profits from possession and  trade of PTS. NRS is similar in many ways. My choice to give 1% to PTS is not in anticipation of what I3 builds, but an effort to grow the user base of NRS. People are free to redeem or not to redeem. The "backing" you speak of at 1 % is actually non existent, rather it is the other way round since i am giving basically free "value" to holders of PTS. They have not expended any resources to gain these shares, they are simply a product of goodwill and good business strategy. If NRS was directly interchangeable in the same way provided for PTS then you could say that i have imbued value into the company, but i cant can I?

Quote
Without a 10% honoring we will not be able to back, promote, or otherwise support your coin.

Backing, promote and support. PTS factors heavily in some of the ideas being developed, but if the community is against us because we refuse to pay 10% homage but 1% then perhaps that support is over-priced. The NIG is not seeking to be the underling but an equal partner which is why i said i look forward to working TOGETHER, not FOR. I've already pointed out that NIG is giving value to PTS holders "free" of charge, the idea is not competition but to cooperate and create a whole new industry.

Quote
Obviously you are attempting to mirror our business model

If you look for NoirBank, you'll find that these ideas were circling my head long before most people knew about I3, i'll admit your implementation has given me many ideas, but i had been thinking in this sphere for quite a while.

In fact NO...i do not agree with the autonomous part which is why you'll find i am creating corporate structures that will govern everything. A Dispersed Liability Decentralized Corporation more like which has both online and real world infrastructure.

I have not read through all of this so let me please first say that this post may be taken down after I read further, but I will say that personally, I intend on interviewing and otherwise running a little show that will honor those devs who honor PTS/AGS holders.  At this juncture, I mine, but very little compared to my initial cloud-mining experience and mostly wish to serve this cause for altruistic reasons.  However, I also understand that if the difference between 10% and 1% honoring in the ultimate money supply is given specifically to miners then I (and all other non-mining investors) are at a significant disadvantage, which means a smaller community.

It is my sincere hope that we do not let these types of things cause more division (ethereum and other similar platforms' devs will not be so divided).  The value is NOT in the faceless units of the currency but in the people who choose to spend just an extra second or two talking about a particular crypto to friends (I want to build a show around it as the community grows).  When that base of people trying to tell people about crypto is primarily consisting of day-traders and big-boy miners...I think it starts to make me wonder why I would want to help the only them instead of an entire community. 

It feels too technocratic...and I've had enough of that in Wall Street.  PTS, if the social consensus is held, can become a cryptocurrency that allows "plebians" in the new technocracy an ability to essentially "mine" their own coins in the company they believe in AND bootstrap that company before it even comes out...

When the Devs who come on board and the Devs with Invictus can come to terms with the consensus that initially brought the entire community along, I think we will have something to talk about.  Personally, though I appreciate everything Barwizi has done for this group, I would not be willing to accept this as falling in line with the Social Consensus I bought into when I started mining/buying PTS and not only does that add more uncertainty to the value of PTS in my eyes (already), but also in NoirShares.  With that said, "value" in this definition is not represented by a main-stream monetary unit NoirShares and BitShares PTS can be converted to, but by human capital and the HUGE spectrum of skillsets and passions that come along with them.  I am passionate, and I know the value of that ;)

Barwizi...it is apparent to me, you are a miner.  I hope you will see the forest for the trees and understand I and other active members of the community will definitely bring value over time.  It will simply require a little leap of faith, a deep breath and the time it takes to rise high enough into the atmosphere to see the entire forest :)

Just my two cents. 


P.S.  Should you change your mind I'd love to chat with you sometime about your ideas and those of any other talent helping you (they deserve recognition and reputation for doing so).  And post it to a youtube channel.  In the vein of recognition and reputation, I would love to chat with you about some of the other projects you have finished that have made the experience of PTS holders much easier regardless your decision.

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