421
Meta / Re: Suggestions to improve this forum
« on: July 10, 2014, 07:22:38 pm »
Thanks Toast. I'm just doing this post to test it!
I'll edit this if it doesn't work!
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Thanks Toast. I'm just doing this post to test it!
I'll edit this if it doesn't work!
422
Follow My Vote / Re: Hello [BitShares] World!
« on: July 08, 2014, 08:18:58 pm » Excellent - this DAC gets my vote.It's a shame it won't be suitable for my mother-in-law though. I'm fairly confident she's a Martian, so the DAC would need to be Universal rather than only Global.
423
Muse/SoundDAC / Re: Website name. Brainstorming
« on: July 08, 2014, 07:47:44 pm »...
We are negotiating with some domain name squatters.. the bastards! lol. Can't wait for Bitshares DNS to change the game ^^
I will update you in the next week to let you know what we chose.
...
Any news cob?
424
Follow My Vote / Re: Hello [BitShares] World!
« on: July 08, 2014, 07:18:38 pm »
Looks good, I might subscribe to the newsletter.
Is this ever likely to be functional outside the USA?
Is this ever likely to be functional outside the USA?
425
General Discussion / Can BitShares ME transaction fees beat platforms like Counterparty?
« on: July 08, 2014, 06:50:58 pm »
I just found thisletstalkbitcoin.com/forum/post/its-expensive-using-bitcoin
LTBcoin distribution over at Counterparty is proving to be relatively expensive because of Bitcoin transaction fees.
Adam B. Levine says, "Todays distribution to 419 people cost .05BTC in tx fees! This cost is only going to grow as the audience grows, how do you think we should deal with this?"
Is it expected that BitShares ME be able to offer many advantages such as much cheaper transactions?
LTBcoin distribution over at Counterparty is proving to be relatively expensive because of Bitcoin transaction fees.
Adam B. Levine says, "Todays distribution to 419 people cost .05BTC in tx fees! This cost is only going to grow as the audience grows, how do you think we should deal with this?"
Is it expected that BitShares ME be able to offer many advantages such as much cheaper transactions?
426
General Discussion / Re: A thank you to I3 team and the Bitshares community
« on: July 04, 2014, 10:22:18 pm »Before humans landed on the moon we knew it was technically possible. The team behind the Apollo 11 mission, however, didn't know that they would succeed until it actually happened. It was such an achievement that there are still people who don't believe that we pulled it off! A result of the moon landing was worldwide inspiration based around human endeavor, scientific accomplishment, and profound existential wonder.
What the BitShares team are working toward, although in a completely different arena, is every bit as ambitious. It is feasible that the future rewards in terms of philanthropic benefit will be a giant leap forward for mankind.
I wholeheartedly agree with the OP - everyone who's made a positive contribution may well have shaped the future into a better destination for all.
If I had to choose between BitShares and Justin Bieber, I would choose BitShares.
427
General Discussion / Nautiluscoin going Proof of Stake
« on: July 04, 2014, 07:58:58 pm »
Does anyone know much about Nautiluscoin?
Apparently it's going to go proof of stake very soon.
That is all!
Apparently it's going to go proof of stake very soon.
That is all!
428
General Discussion / Re: If give you another chance , would you will invest AGS and 3I?
« on: June 24, 2014, 05:45:08 pm »
I'd like to diversify my holdings within the cryptocurrency world. The are many altcoins and platforms of which I'd like to have a piece.
My problem is that every time I want to buy something different I end up thinking, "But I could just get more AGS or PTS!".
It's reeeaaaally annoying that BitShares has me captivated this way.
My problem is that every time I want to buy something different I end up thinking, "But I could just get more AGS or PTS!".
It's reeeaaaally annoying that BitShares has me captivated this way.
429
General Discussion / Re: Number of Bitshares X at launch
« on: June 23, 2014, 10:02:10 pm »
So there will be two chains? BTS1 AGS holders 50% PTS holders 50%
another one BTS2 AGS holders 10% PTS holders 10% delegate 80%
or maybe more? BTS 3\4\5\6………………………………
I feel quite doubtful about the whole thing, and I cannot see any promising future about the whole thing
First of all, with so many chains, if there is someone who wants to buy BTS, which one should he buy? he will be confused and he will be not sure which one to buy and will not want to buy because he will be not sure which one will be the final version.
second, before, all the people thought AGS\PTS would get 50%\50%, so they made the investment, but now they were told they might only get 10% or 10%? plus, if you said you would let the market decide, the fact woule be that, if PTS AGS holders only get 10% instead of 50%, the other people could get the rest 80%, of course people would like this plan. it is just like if the people who originally have a lot of money now have to spare their money to the poor people. of course this plan would be more welcome by the people, because poor people are much more.
sorry for my words, i am just very very XX right now.
The key point you are missing is that we do not control what variants others will make. Neither does Bitcoin.
What is different here, is you get ownership in all the honorable variations. You win if any one of them wins. Maybe more than one will be successful.
For anyone who bought in before the snapshot, having a share in each of many variants might not seem too bad.
BUT tianshi asked, "...with so many chains, if there is someone who wants to buy BTS, which one should he buy?".
Imagine you had been following Bitcoin for a while, but had not been following BitShares. You then start to hear a lot of talk about this bank & exchange which has been launched so you decide to look into it. If you discovered several variants, all competing with one another, would you not be deterred from using one out of fear of picking the wrong one?
I think this scenario could majorly hinder adoption by anyone not already invested into BitShares, at a time when an influx of new money is needed.
Ideally BitShares would launch a product good enough that it picks up a strong network effect so quickly that any competing chains would fall by the wayside. This would give people enough confidence to pour money in, seeing it as the REAL and ORIGINAL chain, like Bitcoin compared with flaky altcoins, (even if competitors come along with slight advantages).
How can this product be produced, though, when new ideas suggest that changes should be made, but historical agreements forbid these changes?
How much money would be needed in order to successfully invest in growth for Bitshares XT? Any ideas?
Could enough money be raised by alternative means (outside of the DAC fees), so that no dilution is necessary? (I don't suppose the AGS fund could/should cover this?)
Can BitShares raise money specifically to invest into the growth of their flagship DAC?
Sell merchandise?
Sell memberships to "BitShares Members Club", with some kind of perks?
Sell subscriptions to "BitShares Magazine"?
Create InvestCoin? - bought by the public by sending BTC to a purchase address. The BTC is used to actively invest in various crypto stuff (even including Bitshares XT?), and a percentage of any profits is periodically sent back to the senders bitcoin address. This would be the lazy way for people to speculate in the crypto world - they'd love to check the charts to see if their gamble is paying off etc.
I have to go to bed now, so sorry if this is garbled rubbish. It's all a bit half baked...
430
Random Discussion / Re: Article on problem solving.
« on: June 23, 2014, 07:40:10 pm »
I read your post a couple of days ago, and have just seen that you've had no reply. I read the article to which you linked and it was interesting - thanks!
This is going off at somewhat of a tangent, but just before seeing your post I had come across this problem/puzzle which I found fun.
It's number 6, The Warden on this link: http://www.folj.com/puzzles/very-difficult-analytical-puzzles.htm
This is going off at somewhat of a tangent, but just before seeing your post I had come across this problem/puzzle which I found fun.
It's number 6, The Warden on this link: http://www.folj.com/puzzles/very-difficult-analytical-puzzles.htm
Quote
The warden meets with 23 new prisoners when they arrive. He tells them, "You may meet today and plan a strategy. But after today, you will be in isolated cells and will have no communication with one another.
"In the prison is a switch room, which contains two light switches labeled 1 and 2, each of which can be in either up or the down position. I am not telling you their present positions. The switches are not connected to anything.
"After today, from time to time whenever I feel so inclined, I will select one prisoner at random and escort him to the switch room. This prisoner will select one of the two switches and reverse its position. He must flip one switch when he visits the switch room, and may only flip one of the switches. Then he'll be led back to his cell.
"No one else will be allowed to alter the switches until I lead the next prisoner into the switch room. I'm going to choose prisoners at random. I may choose the same guy three times in a row, or I may jump around and come back. I will not touch the switches, if I wanted you dead you would already be dead.
"Given enough time, everyone will eventually visit the switch room the same number of times as everyone else. At any time, anyone may declare to me, 'We have all visited the switch room.'
"If it is true, then you will all be set free. If it is false, and somebody has not yet visited the switch room, you will all die horribly. You will be carefully monitored, and any attempt to break any of these rules will result in instant death to all of you"
What is the strategy they come up with so that they can be free?
431
General Discussion / Re: If give you another chance , would you will invest AGS and 3I?
« on: June 23, 2014, 05:05:06 pm »
I would like to have been a Keyhotee founder and to have put more into AGS before the snapshot.
I think what is being done is awesome (in the literal sense of the word rather than the overused banal sense).
How can anyone who even vaguely understands what's going on deny that this fundamentally groundbreaking stuff.
As things stand I don't much care about the delay. It's the final product(s) that's important to me.
If Rome had been built in a day, it would've been SHIT!
I think what is being done is awesome (in the literal sense of the word rather than the overused banal sense).
How can anyone who even vaguely understands what's going on deny that this fundamentally groundbreaking stuff.
As things stand I don't much care about the delay. It's the final product(s) that's important to me.
If Rome had been built in a day, it would've been SHIT!
432
General Discussion / Re: Help on an unimportant topic
« on: June 19, 2014, 09:03:56 pm »Thank you puppies - I now know what a backhoe is.
Edit:
Thanks to Agent86 also.
Thats not a backhoe. A backhoe is one of those things with a toothed bucket on an articulated arm that digs trenches.
Thank you gamey - I now know what a backhoe is.
433
General Discussion / Re: Help on an unimportant topic
« on: June 19, 2014, 06:14:53 pm »
Thank you puppies - I now know what a backhoe is.
Edit:
Thanks to Agent86 also.
Edit:
Thanks to Agent86 also.
434
General Discussion / Re: LBC - w/ Paul Sztorc - Truthcoin - Prediction Markets
« on: June 17, 2014, 09:06:19 pm »Worth listening to
Based purely on this I like the bloke and his ideas
435
General Discussion / Re: [FYI] SWARM project will be livestreaming its crowdsale launch! Monday 6/16 8pm
« on: June 17, 2014, 07:55:32 pm »
The first interview in this Beyond Bitcoin podcast is about this:
http://letstalkbitcoin.com/blog/post/beyond-bitcoin-4-money-memes-the-coming-swarm
http://letstalkbitcoin.com/blog/post/beyond-bitcoin-4-money-memes-the-coming-swarm
