Author Topic: I have lost faith inBTS completely  (Read 18008 times)

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Offline fav

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Offline BTSdac

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He is  wuyanren,  a person want to earn quick money. I never surprise to he level ,good lock wuyanren ,and good bye
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Offline bitmeat

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Offline donkeypong

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they promised version 1.0 ready on Christmas.... still 9 months to get this baby out
relax we have plenty of time  :)

Just change the year around here and the schedule usually fits pretty well. :)

Offline jae208

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Always amazes me when people post stuff like this on the heals of updates.

Either people aren't really keeping updated or they are so busy criticizing over their own wants that they have blinders to everything else going on.


Agreed! I think the reason Bitshares isn't mainstream right now has to do with timing. The average person hasn't even come to use and appreciate Bitcoin yet. Forget about something like Bitshares or Ethereum.
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Offline BunkerChainLabs-DataSecurityNode

Always amazes me when people post stuff like this on the heals of updates.

Either people aren't really keeping updated or they are so busy criticizing over their own wants that they have blinders to everything else going on.
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Offline Ben Mason

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By saying you've lost faith in BitShares you are meaning you've lost faith in the community, the dozens of hardworking people that are trying to make BitShares a success.
People that spend hours, days and weeks in the last months to build and promote the most promising Blockchain project since Bitcoin.

Lets go back to work...


This  +5%

In addition, I'd like to say that despite the few mistakes around communication finesse, i've never been more proud to be part of BitShares nor more positive about the outcome of the vision and hard work of very many people in this community.  We need patience and resolve.

Offline infovortice2013

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Just because someone posted a negative opinion doesn't mean it doesn't add value.  This kind of opinion should be taken seriously instead of sweeping it under the rug... Frankly I'm starting to agree with the OP.  There is absolutely no utility for bitshares.  We all thought we could issue equity with it, but have now realized it's a regulatory nightmare.  We also thought that we would get a bitshares fiat gateway, but that is also a painful journey down the regulatory rabbit hole. Investors are realizing that these things can only be done by people with deep pockets and a tolerance for going to prison... Maybe someone will try it, but frankly I don't think it's worth the orange jump suit risk.

And another thing, everyone has such a hard on for bitUSD and MPAs.  Why?  I don't see how it's all that revolutionary... Yeah yeah I get how its backed by 3x collateral ot whatever, but that is suffocating and make shooting difficult and asymetricly risky compared to buying bitUSD.  You can see all this buy the super low interest rates being offered by shorts over the last months and buy the dying market cap of bit assets.

Agree with lil_jay on this one. Basically nothing is going the way it was planned/promised. No stable client, no 1.0, no real marketing push, no secret sauce, no real VOTE features, no Overstock-equity integration, no fiat gateways, no debit card, no infomercials, no "funnels", the list goes on, and on, and on, and on.

That is why people are losing faith. Basically everything appears to have just been a bunch of smoke and mirrors so far. And it's important that this be expressed so the devs/community can know where improvements need to be made.

We have perhaps one of the greatest technological breakthroughs in the world here, but that won't amount to anything unless devs are able to actually keep their promises and meet deadlines to keep adoption from going extinct. Speaking of deadlines, what the hell is up with the Github 0.8.0 milestone? It's had those 3 final issues holding it back for like 2 weeks now (when it was originally 0.7.0), and is again past due by a day. Madness.

they promised version 1.0 ready on Christmas.... still 9 months to get this baby out
relax we have plenty of time  :)

LOL i read a few times first quarter of 2015 !!!! ... if launch v1.0 go to christmas be sure we are not found the floor this days. and watch coin market cap and see more than 2.5k milions of bts its a little ballbreaking too....

just hold and buy more if you can to make your old bts cheaper. I have faith in dev team. no one step back!



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Offline fav

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Basically nothing is going the way it was planned/promised. No stable client, no 1.0, no real marketing push, no secret sauce, no real VOTE features, no Overstock-equity integration, no fiat gateways, no debit card, no infomercials, no "funnels", the list goes on, and on, and on, and on.
you can probably add the "referral program" to the smoke and mirror list as well, 'live' for three months and I can't even get a response https://bitsharestalk.org/index.php?topic=13031.msg193145#msg193145

but the referral program is working. what's the problem?
3 months, 219 referred users, $0 paid out to those doing the referring.
Wonder why 'marketers' are not flocking to this referral program opportunity with that kind of return on their efforts.
Who is in even in charge of it? FMV and his 30 million BTS takes credit for launching it, but is he the one paying for it?, doubt it. BM?

let me quote and highlight:

We have not yet decided on what the rewards will be, so for now you will be participating on speculation that you may get something. Of course, you may not get anything either.... it is still under development.

however, I got some plans in mind to reward affiliates once our delegate is getting paid.

Offline liondani

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Just because someone posted a negative opinion doesn't mean it doesn't add value.  This kind of opinion should be taken seriously instead of sweeping it under the rug... Frankly I'm starting to agree with the OP.  There is absolutely no utility for bitshares.  We all thought we could issue equity with it, but have now realized it's a regulatory nightmare.  We also thought that we would get a bitshares fiat gateway, but that is also a painful journey down the regulatory rabbit hole. Investors are realizing that these things can only be done by people with deep pockets and a tolerance for going to prison... Maybe someone will try it, but frankly I don't think it's worth the orange jump suit risk.

And another thing, everyone has such a hard on for bitUSD and MPAs.  Why?  I don't see how it's all that revolutionary... Yeah yeah I get how its backed by 3x collateral ot whatever, but that is suffocating and make shooting difficult and asymetricly risky compared to buying bitUSD.  You can see all this buy the super low interest rates being offered by shorts over the last months and buy the dying market cap of bit assets.

Agree with lil_jay on this one. Basically nothing is going the way it was planned/promised. No stable client, no 1.0, no real marketing push, no secret sauce, no real VOTE features, no Overstock-equity integration, no fiat gateways, no debit card, no infomercials, no "funnels", the list goes on, and on, and on, and on.

That is why people are losing faith. Basically everything appears to have just been a bunch of smoke and mirrors so far. And it's important that this be expressed so the devs/community can know where improvements need to be made.

We have perhaps one of the greatest technological breakthroughs in the world here, but that won't amount to anything unless devs are able to actually keep their promises and meet deadlines to keep adoption from going extinct. Speaking of deadlines, what the hell is up with the Github 0.8.0 milestone? It's had those 3 final issues holding it back for like 2 weeks now (when it was originally 0.7.0), and is again past due by a day. Madness.

they promised version 1.0 ready on Christmas.... still 9 months to get this baby out
relax we have plenty of time  :)

Offline mint chocolate chip

Basically nothing is going the way it was planned/promised. No stable client, no 1.0, no real marketing push, no secret sauce, no real VOTE features, no Overstock-equity integration, no fiat gateways, no debit card, no infomercials, no "funnels", the list goes on, and on, and on, and on.
you can probably add the "referral program" to the smoke and mirror list as well, 'live' for three months and I can't even get a response https://bitsharestalk.org/index.php?topic=13031.msg193145#msg193145

but the referral program is working. what's the problem?
3 months, 219 referred users, $0 paid out to those doing the referring.
Wonder why 'marketers' are not flocking to this referral program opportunity with that kind of return on their efforts.
Who is in even in charge of it? FMV and his 30 million BTS takes credit for launching it, but is he the one paying for it?, doubt it. BM?

Offline fav

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Basically nothing is going the way it was planned/promised. No stable client, no 1.0, no real marketing push, no secret sauce, no real VOTE features, no Overstock-equity integration, no fiat gateways, no debit card, no infomercials, no "funnels", the list goes on, and on, and on, and on.
you can probably add the "referral program" to the smoke and mirror list as well, 'live' for three months and I can't even get a response https://bitsharestalk.org/index.php?topic=13031.msg193145#msg193145

but the referral program is working. what's the problem?

Offline mint chocolate chip

Basically nothing is going the way it was planned/promised. No stable client, no 1.0, no real marketing push, no secret sauce, no real VOTE features, no Overstock-equity integration, no fiat gateways, no debit card, no infomercials, no "funnels", the list goes on, and on, and on, and on.
you can probably add the "referral program" to the smoke and mirror list as well, 'live' for three months and I can't even get a response https://bitsharestalk.org/index.php?topic=13031.msg193145#msg193145

Offline cn-members

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When i lose faith in BTS i buy BitUSD.

good move :D
+5% +5%

Buy BitCNY , you can use it as CNY directly in BTC38 on 1:1 ratio with no spread .  :P
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Offline inarizushi

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0.7 has a critical flaw that threatens the market peg in the days to come, nobody mentioned it at the mumble, and the urgency of the situation doesn't seem acknowledged. I'm losing faith too. And money. I'm losing so much money, because I'm one of the faithful shorters, and it happens that some of my shorts will have to expire when nobody else can short.
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