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Messages - blahblah7up

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31
Technical Support / Re: BitSharesX
« on: May 06, 2017, 04:24:16 pm »
Is anyone seeding the 0.9.3.c. chain data?  There is a torrent link in the documentation but there don't seem to be any peers seeding it.  Any other options for getting the full 0.9.3.c. chain?

32
General Discussion / Re: Bitshares price discussion
« on: April 02, 2017, 09:38:07 pm »
How about blockpay and all the people they are exposing bitshares to on their world tour?

BlockPay was released months ago and continues to get better and better each week, yet I only see frikn ONE merchant using it so far.

Yes, I'm sure that's it.

33
Well, it is increasing.  Two weeks ago it was @ 10M, now it's around 15M.

34
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 16, 2017, 05:54:27 pm »
This is interesting. Thanks yvv!

35
General Discussion / Re: A plan to revive the value of the BTS token
« on: March 16, 2017, 05:51:34 pm »
This would be incredible!

36
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 16, 2017, 04:47:09 pm »
Hi Marko,

I saw your answer to how to lock bts the other day, explaining how bitCrab had converted them to bitUSD. It was very synthetic and you seem very knowledgeable. Could you perhaps do something similar in this thread for Market Making? I can't get my head around how to make money on the spread in certain market conditions - like if the market is moving up or moving down. If it is range-bound I understand. It seems like you would either not be able to buy below the current price because the market would move away from you if it was going up, or your orders would be filled if it was moving down but you could never sell back above your buy price. Especially in an automated scenario this seems dangerous.

If you have any insight you are willing to share I'm sure many people would like to help using btsBots to provide liquidity to certain markets.

If you can't answer that's also ok.  :)

Cheers.

37
I think the Steemit forum experiment failed and killed most of our forum activity. It is harder to discuss an idea or project in a Reddit forum style.

seems consistent.

38
General Discussion / Re: how about to raise block reward?
« on: January 28, 2017, 04:48:39 pm »
the poll ended, finally totally 20 for increasing to 3/5/8 BTS, 9 object and 2 for other choices.
now I tend to push 4 BTS as a compromise. hope that can be accepted by all the parties.

could you increase the network fees too?

I mean, chinese exchanges introduced trading fees, so chinese community should have no problem with adjusted fees, right?

Great question!

39

That is a superficial perspective IMO. You must not have read much of Bytemaster's Blog, read the Satoshi Nakamoto paper or paid attention to how this entire field has come about.


What is superficial, is to assume things about strangers.

I will only add, that words and deed are quite different things.

40

It fails to recognize money is not the only thing that motivates people. You should have learned that by now from those who built this platform.

Are you serious? All they ever talked about was getting the "fair market price" for their development activities. They changed the whole social consensus to get it.  In the end they abandoned the project because they couldn't get enough money out of the project anymore. And without even a "goodbye, we are moving on now."

While it is true that money is not the only thing that can motivate people, to condescendingly add that someone "should have learned that" by associating with those who built this platform is cheeky. They were motivated principally by money.  They said as much and each of their actions reflected that.

And this is not even stating the obvious: that they created a digital money, asked for donations in another form of digital money to distribute their own digital money, and built a distributed exchange where people trade different types of money. It's all about money!

41
General Discussion / Re: plan for sidechain?
« on: January 21, 2017, 04:14:47 pm »
have a positive effect on Bitshares .. as has Steem(it)

By what measure, pray tell?

42
Yes, I know. But you selectively choose the lowest transfer fee from transwire for your example fully  ignoring the rest 1% 1,5% and 2,5% of their fees.

This is presumptuous. No, I simply chose the remittance conversion I personally use most frequently.

In addition to the general criticisms levied against this new remittance offering I am also personally disappointed because I would have used their service if the conditions were favorable.

43
Also I don't think you are saying the whole truth about transwire fees, in most curencies they are much higher than what you claim
https://transferwise.com/pricing#?from=USD&to=EUR

I didn't make a claim about "most currencies". I gave a specific example. Using the link you provided, a EUR to USD transfer of 1000 EUR is charged 0.5% and that's it.  No other cost. But I appreciate that you pointed out that it is not the same for all the different conversions.

How much btc and bts will the recipient get if you sent him 1 btc and 1.000 bts with transferwise?

This is funny, but I am talking about the remittance market.  Here is a quote from the Remittio webpage:

"Created for the unbanked and underbanked who need an affordable and reliable banking alternative"

How many migrant workers do you think are being paid in BTC?  How many are being paid in BTS? If a peruvian house-cleaner in Rome is being paid in BTC or BTS then this service is still just an average service on a cost-per-remittance basis.

As it is, potential remittance customers must be incentivized not just to use your service, but to enter crypto altogether, and that also has an exchange cost associated with it - making the whole process even more expensive. If you can offer remittances at prices of which crypto is capable - like 10 cents per transfer or something - then remittance customers will flood into crypto, because it is that much cheaper. Otherwise remittance customers will stay in fiat even if your remittance product is slightly more competitive, because there is also a time/hassle-cost associated with the conversion to crypto.

And a wall one brick high won't keep out a single wascally wabbit.
But add another brick or two in the wall and, who knows?

This doesn't make any sense to me. You're trying to keep people out of your service?

44
Ridiculous! Even transferwise does better: They use the mid-market exchange rate (meaning no additional percentage fee slapped on) and have a low flat fee.  Right now I can send 1k Euros to the US and the recipient gets 1057.86 USD.  The flat fee is already included and was $4.98.

You're charging $10 a pop to use the service, then a 1% fee on top of that.  Who knows what exchange rate.  That's 4 times as expensive for the example given above.

The remittance market will not flock to Remittio for remittance.

Edit: 1% Fee doesn't apply to SEPA and SWIFT Transfers.  So 4 times as expensive is reduced to 2 times as expensive.

45
General Discussion / Re: Changes I think Openledger needs
« on: November 21, 2016, 02:28:35 pm »
Ok.  I understood it was to be another exchange.

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