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Messages - emailtooaj

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61
General Discussion / Re: Buy $1 of Bitcoin
« on: February 08, 2016, 06:58:47 pm »
Add*
You could always try to buy something on overstock or newegg with you bank cards and then immediately cancel the order and ask for a refund in bitcoin lol

62
General Discussion / Re: Buy $1 of Bitcoin
« on: February 08, 2016, 06:55:40 pm »
Anything I could do in 5 minutes or less with 100% certainty and could apply for millions of users?
If you just had a crazy dream and had to go buy bitcoin immediately, then I would think an atm would be the quickest and easiest way without needing to go and link your bank account with circle or any other outfit.  Unless Wal-Mart is selling bitcoin prepaid cards lol. 
Other than that, I don't know of any other quick, easy routes

63
Technical Support / Re: Lite Wallet Error
« on: February 08, 2016, 05:45:15 pm »
actually I think I found out the issue...
I was (for example) typing in 25.500 as the BTS buy price... not 25.5
Those extra 0's must of triggered the error mesg and wouldn't let me proceed with the trade.... any way to get that fixed? I'm assuming that the wallet doesn't trim those zeros


64
Technical Support / Re: Lite Wallet Error
« on: February 08, 2016, 05:33:55 pm »
Just sent you a PM with the screen shot... BTW I upgraded to latest wallet and still have this issue
Thanks Xerox!!!

65
General Discussion / Re: Buy $1 of Bitcoin
« on: February 08, 2016, 04:31:08 pm »
Circle, Coinbase or the like are the only avenues. Local bitcoin could be a close second... or if you're lucky enough to have an bitcoin atm in your town

66
General Discussion / Re: Happy New Year to all our Chinese cousins!
« on: February 08, 2016, 02:04:07 pm »
+5  Happy New Year!

67
Not sure if this idea has come up already but... With all the buzz surrounding the fee discussion,  I would be interested to hear BM's thoughts about building in a "pre paid" fee package. In other words,  buy transactions upfront at a discounted price based on a tiered package plan.

68
General Discussion / Re: Should we Abandon Proof of Stake Marketing?
« on: February 05, 2016, 04:21:52 am »
Why don't we call it DLIFE.

Decentralized
Liberty
Instituded
For
Everyone


69
General Discussion / Re: BitShares Weekly Hot Topics, Updates and News
« on: January 30, 2016, 02:46:56 am »
Very cool initiative akado!  +5

70
Emailtooaj

71
Technical Support / Lite Wallet Error
« on: January 25, 2016, 09:55:40 pm »
Hey there,
I'm running the 2.0.160121 lite wallet and I'm getting the "Please enter a valid amount and price" error mesg when trying to "Buy" off the DEX markets.
I know I'm putting in the correct values within the BUY fields.
Is anyone else having this issue?  I've tried "reload" the page and still get this errror.
I'm on Windows 10 64bit.

Any help would be appreciated!
Thanks


72
General Discussion / An Interesting Read
« on: January 25, 2016, 09:22:11 pm »
I came across this recent article regarding a study done on Bitcoin.  It's not an overly detailed article, but thought I'd share.
I find this the most interesting...

The researchers found that:
People who had no experience with Bitcoin thought that it would be too hard or "too scary to use," according to Lindqvist.
People who actively use Bitcoin are not necessarily well-versed in how it works.
Bitcoin users also had misconceptions about Bitcoin's ability to protect their anonymity because transactions are recorded in a public ledger and are traceable with some effort, Lindqvist said. The users in the study trust the security and privacy mechanisms of Bitcoin more than they actually should.
Bitcoin users want government insurance of Bitcoin deposits, despite being largely anti-government and anti-regulation.
Study participants' ideas of an ideal payment system generally matched features that Bitcoin already provides.


Here is the article link...
http://phys.org/news/2016-01-bitcoin-reveals-false-beliefs-ease.html



73
General Discussion / Re: DarkSide or LightSide?
« on: January 25, 2016, 01:56:52 pm »
@fuzzy I agree. We need to get the positive chi back into this project.  I feel people still treat this as a "coin" project when in actuality,  it's a "package system" project.  We literally have the building blocks set in place for a full fledged working eco system... for anyone to use and integrate into.  Sure we've got kinks to work out, but if people will choose to focus on what tech we've got today (like you stayed already) then  market cap will take a back seat so we can all focus on the Bitshares vision that we all signed up for. 
As a side note, great job getting sharebot tips out via Twitter to outside devs!  Hope we can get some hits!

74
General Discussion / Re: poll for the percent based transfer fee
« on: January 21, 2016, 01:48:24 pm »
Thanks clayop for digging further into the numbers.   +5%
Below is my response from a previous post which seems to be inline with this conversation.
For the record, I didn't vote because I feel % based fee's should be applied for SMARTCOINS only. 
Trades and/or Transfers should be flat rate fee based on a tier system....
Someone mentioned earlier we need a sales person's perspective... so I'll throw in my 2 bits.
I agree that the majority here is correctly identifying that Bitshares main core is (and I'm listing in order what I see as priority)...
1) The DEX
2) Core SmartCoins (USD, CNY, EURO, etc.)

Since the DEX is the main backbone of our system, IMO it would be silly to over tax the activity of the exchange and in turn, dry up any incentive for future/present trading.  The only way (again IMO) is to set trading activity fees pegged to a percentage. I can see 0.5% being a great starting charge for trading fee's, but capped at 300 or so BTS, allowing those Large Quantity (ie Big Player) traders ample breathing room to play.
Putting this in a number perspective...
3000 BTS order = 15 BTS fee
20,000 BTS order = 100 BTS fee
60,000+ BTS order = 300 BTS fee
I don't see how you can effectively and fairly asses a "regional" fee or flat fee when it comes to DEX trading.

Now obviously we know that BTS (the underlying share) is the crucial life force, so squeezing that available supply line will help increase BTS value while also "guiding" people to start utilizing SmartCoin's more as the primary currency, while also giving more demand for creating more USD, which is what we want correct?   
So for a BTS Transfer fee, in my mind, should be a flat somewhat higher tiered fee...
1 to <100 BTS = 1 BTS fee
100> -1000 BTS = 5 BTS flat fee
and then 1 BTS per 1000 BTS thereafter and cap it a 500 BTS threshold.

For CORE SmartCoin transfer fee's.. I'd make it a percentage base fee of 0.05% and cap it at $5 USD (or it's equivalent to that specific SmartCoin).
So a $100 USD transfer would cost five cents ($0.05). 
$10,000+ USD would be $5 USD fee
Again, this will help keep Big players in the game to do big money transfers utilizing SmartCoins.

For UIA's transfer fees... again, I'd make it a low percentage like the CORE asset fees I just mentioned.  I almost hate saying this... but I could see it making sense to ONLY use CORE SmartCoin's for the transfer fee's of UIA's. 

So all-in-all keep DEX fees low.  Create higher friction for BTS transfers.  SmartCoin fees low to keep the flow!

75
General Discussion / Re: Fees are a real problem for the DEX
« on: January 18, 2016, 02:11:52 am »
Many good suggestions  +5% But I want to remind that the devs now has very limited resources so we'd better to utilize existing functions.
@monsterer is it impossible to charge 0.5~1 BTS for users per filled order?

@clayop afik it's not the the fee being charged on filled orders.  It's the fee to place the initial order is what's the issue,  hence severely limiting the functions that Monsterer (or any potential integrating exchange) is up against.  @monsterer feel free to correct me if I'm wrong.

The "order creation fee" (currently 10 BTS) will be refunded when it's cancelled without any partial fill.

True, but that's a big "buffer/cushion" of BTS required for the exchange to hold and account/anticipate for.  I'm "pretty sure" I know what Monsterer may be up to from him alluding to this "small" problem,  but it's a big problem if your an exchange operator willing to mount on top of BTS and expecting (potentially) thousands of Tx's within a short time frame.  I don't know what the "cancel" before filled frequency is of an exchange, but out of my ass I would think it's around 20-30% with active daily traders. 
Plus you must keep in mind... this isn't just BTS:whatever market. We're talking about any/every market that that exchange decides to open up to their clients. 
That Tx volume scales up very quickly when you're talking about hosting multiple markets to your clients.

This is a road we must go down IMHO and try to find alternate routes/ways to satisfy the fee:spam issues Monsterer is bringing up.
Otherwise, we won't get any serious outside exchanges to integrate BTS with this "global" fee in place.
 

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