Author Topic: Stop arguing percentages and look at the bigger picture.  (Read 13313 times)

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Offline carpet ride

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Rune came in here recently, ran thru the basics and got the entire vision in no time flat.  Not many have been able to do the same. 

Anybody else an east coaster -  nyc type? Looking to do anther meet-up soon.




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Offline Rune

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I stand by the fact that whoever controls the framework of communications in the DAC, are and will be the most powerful people. That's why I went to talk to fuzzy first - I needed to figure out if he was prone to corruption or not, and if he was willing to actively fight it. I guess it's a big advantage that he has the integrity to disclose basically any private conversation that he considers to be shady or with dishonest intentions... Even if that means that people on this forum will now think I'm some behind-the-scenes evil mastermind.

It doesn't really matter to me in the long run. I have secured my stake, and I'm certain to become obscenely rich off all this. Anything I've done beyond that has simply been an attempt to help the DAC flesh out its workings from the beginning - once it gets off the ground and the ball gets rolling, the ideas and opinions of individual people will not matter much anymore, as in the long run capital will find its way to whoever are the best at allocating it profitably.
Seriously? That's the reason?
You come here and figure out if people are corrupt? Seems fuzz was correct all along ..

Final comment on this:
Take my Plonk .. you really deserve it!

Well, not in the sense that I wanted to "corrupt him". My logic at the time was that no matter what, his current position as the glue of communication would invariably be politicized and corrupted. So the only rational choice would be to politicize it the way that would ensure he would never allow special interests to buy undue influence. Now that I actually know people here, and know fuzzy, I realise that there's no chance of it happening anyway. Back then it was impossible for me to have that information, and I had just realised that we basically had our hands on the most powerful technology that has ever been invented.

Offline xeroc

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I stand by the fact that whoever controls the framework of communications in the DAC, are and will be the most powerful people. That's why I went to talk to fuzzy first - I needed to figure out if he was prone to corruption or not, and if he was willing to actively fight it. I guess it's a big advantage that he has the integrity to disclose basically any private conversation that he considers to be shady or with dishonest intentions... Even if that means that people on this forum will now think I'm some behind-the-scenes evil mastermind.

It doesn't really matter to me in the long run. I have secured my stake, and I'm certain to become obscenely rich off all this. Anything I've done beyond that has simply been an attempt to help the DAC flesh out its workings from the beginning - once it gets off the ground and the ball gets rolling, the ideas and opinions of individual people will not matter much anymore, as in the long run capital will find its way to whoever are the best at allocating it profitably.
Seriously? That's the reason?
You come here and figure out if people are corrupt? Seems fuzz was correct all along ..

Final comment on this:
Take my Plonk .. you really deserve it!

Offline Rune

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I'm shocked, but also slightly amused it has come to this, it seems I overestimated the cunning of you humans. My plan might have been foiled for now, but I shall return. Soon I shall rule all!!!

Okay jokes aside, you do remember that I basically gave up on the "secret political party" the very next day. The day I got the idea was the day that I first realized the true potential of bitshares. As I have written elsewhere, I'm convinced that this DAC will eventually grow to own all assets on the planet, and basically become the framework through which humanity will control its actions on a macro scale. My first thought was that such an entity would be absurdly dangerous if it somehow become corrupted along the way and began to pursue profit with no regards for anything else. One of those scenarios was the scenario that Stan mentioned in the talk: if a bank offered to partner with us globally in return for getting sharedropped so they owned 50% of the stake. At first I thought that was something that could actually plausibly happen and would result in the total corruption of the DAC and basically turn in it into a tool of evil. That's why I thought a "greenpeace" group within it would be necessary to mount massive campaigns against any such corruption, and even if possible somehow retain the tools to kill off the DAC rather than "let it fall into the enemies hands". The fact that I wanted it to be "secret" in the beginning was simply because I wanted to figure out if there was actually people interested in a project like that. I'd obviously not want to jump onto the board as a new guy and announce this hippie-greenpeace political movement and then have everyone ignore it.

Obviously, the next day I realized that the corruption risk of the DAC is much lower than I initially thought, since delegates are not really politicians, but rather employees, and more importantly that pretty much everyone of the current stakeholders are not primarily profit-motivated and would most likely not support a bank takeover.

I stand by the fact that whoever controls the framework of communications in the DAC, are and will be the most powerful people. That's why I went to talk to fuzzy first - I needed to figure out if he was prone to corruption or not, and if he was willing to actively fight it. I guess it's a big advantage that he has the integrity to disclose basically any private conversation that he considers to be shady or with dishonest intentions... Even if that means that people on this forum will now think I'm some behind-the-scenes evil mastermind.

It doesn't really matter to me in the long run. I have secured my stake, and I'm certain to become obscenely rich off all this. Anything I've done beyond that has simply been an attempt to help the DAC flesh out its workings from the beginning - once it gets off the ground and the ball gets rolling, the ideas and opinions of individual people will not matter much anymore, as in the long run capital will find its way to whoever are the best at allocating it profitably.

Offline fuzzy

agreed. Xeroc.  I am not angry or upset with you.  But I'd be lieing if I said it wasn't frustrating and demeaning to be approached in such a way by this new guy.
If I may give you an advice: Don't take it seriously .. If someone told me to quit job (and he did to me too, btw) I'd just tell me openly that this will not happen any time soon .. period .. no need for discussion .. no need to be frustrated ..

Writing this post here, however makes me understand your concerns ... How can he take the freedom to tell anybody what to do to earn money? Quit the job? Seriously? ..

I DO understand the issue you are having with Rune! Just try to not take it personally! I know that is difficult sometimes!

The only thing I take personally, is someone coming to me with the intent of using the trust I have built in this community as leverage for their own gain--while potentially harming everything I have vowed to protect.

I am not angry, actually.  I sat back and waited (as opposed to my normal response---just posting as soon as my spidey senses tingled).  I have let him post here for awhile, trying to gauge his intentions...but the more I thought about it, the more I cannot defend ANY of it.  The only transparency he advocates is the transparency that gives him more leverage.  For those who think logically...this is the ONLY conclusion. 

It is like pulling teeth trying to get some of us to understand that we don't live in fairy tale wonderland where everyone is benevolent and sacrifices more for others than they expect others to sacrifice for them!! :O 
« Last Edit: October 30, 2014, 02:06:11 pm by fuzzy »
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Offline xeroc

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agreed. Xeroc.  I am not angry or upset with you.  But I'd be lieing if I said it wasn't frustrating and demeaning to be approached in such a way by this new guy.
If I may give you an advice: Don't take it seriously .. If someone told me to quit job (and he did to me too, btw) I'd just tell me openly that this will not happen any time soon .. period .. no need for discussion .. no need to be frustrated ..

Writing this post here, however makes me understand your concerns ... How can he take the freedom to tell anybody what to do to earn money? Quit the job? Seriously? ..

I DO understand the issue you are having with Rune! Just try to not take it personally! I know that is difficult sometimes!

Offline fuzzy

agreed. Xeroc.  I am not angry or upset with you.  But I'd be lieing if I said it wasn't frustrating and demeaning to be approached in such a way by this new guy.
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Offline xeroc

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@Rune, I think you are trying to protect the network .. and that is good .. but the community seems to have found a consensus that secret or limited-access groups holding a majority (or big stake) in BTS and can thus "change politics" at will is dangerous or even plain suicidal

Are we certain Xeroc?  I have put a LOT into this community...just like you. It is hard to believe someone who comes in here advocating secret power blocks has "the entire community" in mind.  Not to mention his opening line to me "you are going to be the most powerful man in bitshares".  I am no fool.  And he obviously doesn't know my motives align nowhere near his... 

I am going to fervently disagree with you...though I highly respect you.  Be willing to be unpopular and say what you know in your gut.  Put the pieces together.  They fit quite well.  At LEAST well enough to acknowledge something is amiss. 

There is a time when people need to draw the f'ing line and call a spade a spade.  You are far too intelligent to fall for this scammer bullshit.

I am not so sure if I am interpreting you correctly .. but to me is seems like you are "complaining" about the first part of my post .. i.e.
@Rune, I think you are trying to protect the network .. and that is good ..

I tend to try to motivate people and see good where there *might* not be any good .. I am pretty conflict-averse ..

About the second part of my statement, i.e.
Quote
but the community seems to have found a consensus that secret or limited-access groups holding a majority (or big stake) in BTS and can thus "change politics" at will is dangerous or even plain suicidal
.. I am fairly certain that most members do agree ..

Offline fuzzy

@Rune, I think you are trying to protect the network .. and that is good .. but the community seems to have found a consensus that secret or limited-access groups holding a majority (or big stake) in BTS and can thus "change politics" at will is dangerous or even plain suicidal

Are we certain Xeroc?  I have put a LOT into this community...just like you. It is hard to believe someone who comes in here advocating secret power blocks has "the entire community" in mind.  Not to mention his opening line to me "you are going to be the most powerful man in bitshares".  I am no fool.  And he obviously doesn't know my motives align nowhere near his... 

I am going to fervently disagree with you...though I highly respect you.  Be willing to be unpopular and say what you know in your gut.  Put the pieces together.  They fit quite well.  At LEAST well enough to acknowledge something is amiss. 

There is a time when people need to draw the f'ing line and call a spade a spade.  You are far too intelligent to fall for this scammer bullshit. 

*Edit:  I obviously was a bit too fervent Xeroc...to read the second paragraph before responding.  You deserve an apology for this and I am hoping you accept the one I offer right now.*
« Last Edit: October 30, 2014, 02:38:44 pm by fuzzy »
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Offline xeroc

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@Rune, I think you are trying to protect the network .. and that is good .. but the community seems to have found a consensus that secret or limited-access groups holding a majority (or big stake) in BTS and can thus "change politics" at will is dangerous or even plain suicidal

Offline fuzzy

I don't want to create a two class forum. 

Rune seems to be new around here (don't recognize the name from before)... I didn't even realize he proposed a merger lol.

But currently there already are two different classes: I3 and all other stakeholders. To me it seems even more centralized to have the secret access be determined arbitrarily by those already on the inside, rather than through some objective measure.

Realllly Rune???

You better prepare your statement.  This statement has brought me to the point of boiling over....it is time to tell people about you and your entrance into the Mumble, attaching yourself to me and saying "You are going to be the most powerful man in bitshares" (a position I am loath to attain, btw).

Then to tell me we need to be completely transparent about our stakes in the system, run delegates and have a secret group who also MEETS in secret to rule over the bitshares ecosystem?  Xeroc was there...ask him, anyone, if you don't believe me (not that you shouldn't...as I have proven 100's of times my trustworthiness). 

This deserves a thread all its own.  And I am preparing to give the community just that. 

Sorry Ghentso.  I know I told you I would try to play their game so I could attain enough money to fight Rune, with his "1000's" of BTC...but THE ONLY way I can fight him is by being honest.  I am no longer going to try to ally with him...just to join up with this "secret group" and out them from the inside.  All you (and possibly Method, who you said brought you here) want is to take control over the BitShares SuperDAC.  Don't act so a ridiculous....

To me it seems even more centralized to have the secret access be determined arbitrarily by those already on the inside, rather than through some objective measure  ----All you want to change is WHO has this centralized authority and make it LOOK transparent and "decentralized".  I personally will not let you do it without the community knowing about it. 

I apologize in advance to the ENTIRE community for not reaching out and letting you know earlier.  But I actually considered "infiltrating" this little scheme and recording it.  Honestly, I don't care to--I am currently holding a measely stake of 20 BTC after my year of work in these forums, so others can know my intentions by judging my actions and sacrifices on their merits.  The only reason I am still here is because of the early investors who I have grown to trust and respect as I would family.  They were here before they smelled free money.  And they worked hard to achieve what we have achieved.  I am here to protect them, and Dan's dream--which I also share.

https://bitsharestalk.org/index.php?action=post;board=5.0  is going to grow into a more formal post on this.  But for now I don't have the time or the patience. 

In my humble opinion Rune...you are very intelligent and very calculating.  I do not know how you got your 1000+ BTC, but I do not care.  My wealth is in the people around me and the good will of others...and I believe if I work to be worthy of their trust, we will build a world so amazing that mere tokens that "represent value" will pale in comparison to the lifestyles we will all live.  I want a world without war...and people like you make it inevitable.  Good job. 
« Last Edit: October 30, 2014, 11:44:27 am by fuzzy »
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Offline amencon

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|
If you look at the history Rune was in forefront pushing for the merger in the VOTE thread that started all this (I think Rune made the proposal before BM did).  Now that he has what he wants he's trying to get everyone to shut up and just go along as quietly as possible.  To help facilitate this he just has to shake the pompoms a few times to get the +5% crowd going.

On top of that in the confusion he's now also proposing a system where an elite few get access to secret forums for all the inside details from the devs.  At what stake threshold to gain access does he propose, close to around the amount of stake he controls...

It's just a bunch of manipulative bullshit, never let a good crisis go to waste and all that.

Like everyone else, at the very least I've not been bored haha.

Okay first of all, we are stakeholders in the same company. Our goal of increasing value should align, and it would make no sense for me to act in a way puts you at a disadvantage, as I'd also be hurting myself. If you think it would be more profitable for us to have several DACs, and that I have hurt you financially then fine you are right to be mad at me, but you have to understand that I did it only with the best intentions of increasing value for everyone (including myself). Ideologically, I would prefer many DACs, but in practice I don't think any other strategy than a superDAC is economically viable. If we did not make the superDAC, someone else would, and their superDAC would outcompete ours. Do you trust that other random community to be as honest as ours? My experience tells me that most other altcoins have pretty horrible pump n dump communities that put profit above everything else compared to this one. Since there is no other way, what I hope to achieve is that our superDAC is created in a way that stays true to the principles of decentralization. I'm of course also very excited to see what it will end up becoming.

Regarding the insider club, you're right that it's a bad thing, but consider that right now the insider club is I3 with no transparency at all. I would prefer to have absolute transparency with nothing being hidden from anyone with no barriers to entry whatsoever, and I hope we can implement that once we have achieved significant network effect. Right now it seems that I3 employees thinks it is vital to keep a lot of information secret to avoid having it stolen by competitors. I trust their judgement in this regard, even if I don't like it, and that is why I proposed the "secret insider club" of large stakeholders to be able to share this sensitive information, so that there at least are people independent from the developers who are able to hear it and report their sentiments to the broader community.

I guess delegates could also be used for this regard, but I suspect that delegates will devolve into politics and we would then be stuck with this secret insider club political elite that I think could go really bad.

The fact that I conveniently decided to put the bar exactly so that I could join the secret insider club was pretty stupid I guess, but in the end it would be up to I3 to decide who to let in on their secrets, and also since I'm the only member of the community that I know for a fact could be trusted to be honest and transparent about relaying what stage these secret projects are at, I just can't help be biased. I know the fact that I trust myself useless for everyone else but I just wanted to voice my thought process. At least I disclosed my share, it would be worse if I conveniently put my proposal at my own share level without disclosing it and then pretended it was for some other reason.

In the end I already own enough shares to become ridiculously wealthy once this blockchain takes off. I could just sit back and do nothing and I'm sure there'd be massive price bubbles regardless, but I feel compelled to argue for as much transparency as possible, and try to push the DAC in the direction that I am convinced is best for everyone. It's quite disheartening to become the target of hostility. That being said I also realize that I'm unfairly lucky to be a purely BTSX investor, and I've been insensitive to the frustrations of those that held other shares, and for that I'm sorry.
First off, thank you for the measured and reasoned response.

This whole process has my hackles up and I've been in a mood to fire shots first and ask questions later.  If I've missed my targets and made wrongful accusations then I'm sorry for that.

I'm finding it hard to believe that this merger idea was just some natural evolution and not a reaction to a reaction based on the VOTE thread.  I may be wrong and maybe the timing is just a coincidence, or maybe the initial furor on the forums accelerated thoughts in BM's head that had been percolating for some time.

I also find it frustrating that there seems to be an air on these forums of continual giddy excitement almost regardless of what's actually happening.  Owning small businesses in the past I've been tricked many times in attending meeting for "business opportunities" that turn out to be MLM schemes where everyone there has the same monotone chants and big grins to simulate some over the top welcoming environment for the sake of the few new people in the room.  Occasionally I get that sense reading some threads on the forums here.  I realize that this is probably genuine excitement and not some calculated ploy to try to hook investors, but that's just sometimes how it feels to me. 

I am very excited for DAC technology and I think it will spread and grow and change how business is done in the future (and completely transform the user/customer experience in the process).  Even if I'm not happy about the recent changes, I am very pleased that all the talented devs here are working to make this kind of technology a reality.  The truth is that of all the posts I've read from bitshares devs I do come away feeling like they have good intentions and are truthful, so though I might kick back when I don't agree, as long as the devs seem to be communicating honestly I'll be sticking around to see how things develop and try to help where I can.

As far as the inner class of information, the way I see it is that the whole project is in the devs hands at this point.  If I can't trust the devs not to abuse the information they have then I should just get out of this project completely.  I don't extend that trust to anyone that happens to grab 0.1% stake though. 

Anyway, I'm going to let all these new ideas sink in while the merger happens and hopefully before long feel comfortable enough to pick up the pom poms and join the fan boy ranks again.

Offline tonyk

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HMMMMMMMMMMMMM  I don't say these things because naive people paint you in the overly paranoid category.  but yea...........

20 posts a day all rah-rah bullshit and we must know the details of every employee paid via inflation.  LOL.   WTF !

Yeeh... Rune is overly exited ...indeed.

On the issue of over posting...  I do not know... I think I know one guy (who's account I use to log-in daily) that is a  TRUE OVER POSTER and in more occasions than one, is true pain in the ass for most anybody... I personally get quite pissed off reading his BS...

but I am starting  to drift off topic here.
« Last Edit: October 23, 2014, 07:46:22 am by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline amencon

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I don't want to create a two class forum. 

Rune seems to be new around here (don't recognize the name from before)... I didn't even realize he proposed a merger lol.
Ok good to know, thanks for that.

Offline gamey

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|
If you look at the history Rune was in forefront pushing for the merger in the VOTE thread that started all this (I think Rune made the proposal before BM did).  Now that he has what he wants he's trying to get everyone to shut up and just go along as quietly as possible.  To help facilitate this he just has to shake the pompoms a few times to get the +5% crowd going.

On top of that in the confusion he's now also proposing a system where an elite few get access to secret forums for all the inside details from the devs.  At what stake threshold to gain access does he propose, close to around the amount of stake he controls...

It's just a bunch of manipulative bullshit, never let a good crisis go to waste and all that.

Like everyone else, at the very least I've not been bored haha.

HMMMMMMMMMMMMM  I don't say these things because naive people paint you in the overly paranoid category.  but yea...........

20 posts a day all rah-rah bullshit and we must know the details of every employee paid via inflation.  LOL.   WTF !
I speak for myself and only myself.

Offline tonyk

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Am I the only one as exited as scared and as scared as exited?
Hell no .. you are not!

Yes I am...

Controlled PR:
https://bitsharestalk.org/index.php?topic=10357.msg135902#msg135902

The most valuable new team members:
- People that are above the useless crowd and do not want to share their great wisdom with the masses...
- Have proposed only anti free market measures... most of them with fail rate of near 100% (but even when their suggestion fail, the 10% of their proposal that stays is praised as great achievement in itself... and like it was a proposal in by itself)
- Propose 'improvements' (usually with almost no open discussion) and such improvements that the main gain from them is complicating things and slowing down the development of bare minimum stable client.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline arhag

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I don't want to create a two class forum. 

Rune seems to be new around here (don't recognize the name from before)... I didn't even realize he proposed a merger lol.

But currently there already are two different classes: I3 and all other stakeholders. To me it seems even more centralized to have the secret access be determined arbitrarily by those already on the inside, rather than through some objective measure.

I foresee the balance between secrecy for strategic business reasons and transparency for informed decentralized control by shareholders to be one of the larger pain points in the new governance system that we are developing with BTS. Really the same problems already exist in corporations and similar problems exist with national governments as well, just replace "strategic business reasons" with "national security".

Not sure what is the best way to organize things. We will figure that out I guess. What I do know is that the decisions will ultimately rest in the hands of the stakeholders. If the entities funded through BTS capital infusion don't have the right balance between secrecy/transparency, then they will be voted out and no longer receive funds to continue their job.
« Last Edit: October 22, 2014, 11:01:15 pm by arhag »

Offline oldman

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OP  +5%

Investors need stay informed and engaged, but there is entirely too much bitching from the armchair crowd.

Folks need to let I3 get this bird off the ground.

Offline Rune

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I don't want to create a two class forum. 

Rune seems to be new around here (don't recognize the name from before)... I didn't even realize he proposed a merger lol.

But currently there already are two different classes: I3 and all other stakeholders. To me it seems even more centralized to have the secret access be determined arbitrarily by those already on the inside, rather than through some objective measure.

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|
If you look at the history Rune was in forefront pushing for the merger in the VOTE thread that started all this (I think Rune made the proposal before BM did).  Now that he has what he wants he's trying to get everyone to shut up and just go along as quietly as possible.  To help facilitate this he just has to shake the pompoms a few times to get the +5% crowd going.

On top of that in the confusion he's now also proposing a system where an elite few get access to secret forums for all the inside details from the devs.  At what stake threshold to gain access does he propose, close to around the amount of stake he controls...

It's just a bunch of manipulative bullshit, never let a good crisis go to waste and all that.

Like everyone else, at the very least I've not been bored haha.

Okay first of all, we are stakeholders in the same company. Our goal of increasing value should align, and it would make no sense for me to act in a way puts you at a disadvantage, as I'd also be hurting myself. If you think it would be more profitable for us to have several DACs, and that I have hurt you financially then fine you are right to be mad at me, but you have to understand that I did it only with the best intentions of increasing value for everyone (including myself). Ideologically, I would prefer many DACs, but in practice I don't think any other strategy than a superDAC is economically viable. If we did not make the superDAC, someone else would, and their superDAC would outcompete ours. Do you trust that other random community to be as honest as ours? My experience tells me that most other altcoins have pretty horrible pump n dump communities that put profit above everything else compared to this one. Since there is no other way, what I hope to achieve is that our superDAC is created in a way that stays true to the principles of decentralization. I'm of course also very excited to see what it will end up becoming.

Regarding the insider club, you're right that it's a bad thing, but consider that right now the insider club is I3 with no transparency at all. I would prefer to have absolute transparency with nothing being hidden from anyone with no barriers to entry whatsoever, and I hope we can implement that once we have achieved significant network effect. Right now it seems that I3 employees thinks it is vital to keep a lot of information secret to avoid having it stolen by competitors. I trust their judgement in this regard, even if I don't like it, and that is why I proposed the "secret insider club" of large stakeholders to be able to share this sensitive information, so that there at least are people independent from the developers who are able to hear it and report their sentiments to the broader community.

I guess delegates could also be used for this regard, but I suspect that delegates will devolve into politics and we would then be stuck with this secret insider club political elite that I think could go really bad.

The fact that I conveniently decided to put the bar exactly so that I could join the secret insider club was pretty stupid I guess, but in the end it would be up to I3 to decide who to let in on their secrets, and also since I'm the only member of the community that I know for a fact could be trusted to be honest and transparent about relaying what stage these secret projects are at, I just can't help be biased. I know the fact that I trust myself useless for everyone else but I just wanted to voice my thought process. At least I disclosed my share, it would be worse if I conveniently put my proposal at my own share level without disclosing it and then pretended it was for some other reason.

In the end I already own enough shares to become ridiculously wealthy once this blockchain takes off. I could just sit back and do nothing and I'm sure there'd be massive price bubbles regardless, but I feel compelled to argue for as much transparency as possible, and try to push the DAC in the direction that I am convinced is best for everyone. It's quite disheartening to become the target of hostility. That being said I also realize that I'm unfairly lucky to be a purely BTSX investor, and I've been insensitive to the frustrations of those that held other shares, and for that I'm sorry.


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The delegate campaigning is going to get more and more fierce and discussion among stakeholders on who to vote for will keep increasing.  There will need to be some kind of social platform other than this forum to do all this.  This whole thing is so exciting, I mean its a first of its kind!  Decentralised self-governance is my go to explanation for how to save the world (besides being really really nice to each other :) ) and bitshares is looking to become a vital experiment in bringing about that vision!

My thoughts go to, what social platform to use, liquid democracy from the german pirate party?  DemocacyOS?  There are lots of them out there.  Or maybe the VOTE features will cover it.  That may be a discussion for another day, it's pretty intense around here.

I just want to point out that enthusiasm can be real and not purely money-motivated!  :D

http://nullstreet.com/is-the-future-of-delegated-proof-of-stake-political/

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The delegate campaigning is going to get more and more fierce and discussion among stakeholders on who to vote for will keep increasing.  There will need to be some kind of social platform other than this forum to do all this.  This whole thing is so exciting, I mean its a first of its kind!  Decentralised self-governance is my go to explanation for how to save the world (besides being really really nice to each other :) ) and bitshares is looking to become a vital experiment in bringing about that vision!

My thoughts go to what social platform to use, liquid democracy from the german pirate party?  DemocacyOS?  There are lots of them out there.  Or maybe the VOTE features will cover it.  That may be a discussion for another day, it's pretty intense around here.

I just want to point out that enthusiasm can be real and not purely money-motivated!  :D

« Last Edit: October 22, 2014, 09:59:49 pm by matt608 »

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Rune seems to be new around here (don't recognize the name from before)... I didn't even realize he proposed a merger lol.
You just can't possibly READ every post in here ..
I have plenty of free time to invest and still have troubles reading them all ..

BTW .. it's quite difficult to catch up to your 7k+ posts .. I gave up half the way :)

Offline bytemaster

I don't want to create a two class forum. 

Rune seems to be new around here (don't recognize the name from before)... I didn't even realize he proposed a merger lol. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|
If you look at the history Rune was in forefront pushing for the merger in the VOTE thread that started all this (I think Rune made the proposal before BM did).  Now that he has what he wants he's trying to get everyone to shut up and just go along as quietly as possible.  To help facilitate this he just has to shake the pompoms a few times to get the +5% crowd going.

On top of that in the confusion he's now also proposing a system where an elite few get access to secret forums for all the inside details from the devs.  At what stake threshold to gain access does he propose, close to around the amount of stake he controls...

It's just a bunch of manipulative bullshit, never let a good crisis go to waste and all that.

Like everyone else, at the very least I've not been bored haha.

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That's not rockets firing up .. that's the computers booting to show the launch sequence :)

Offline bobmaloney

The last week has surely been the most exciting time to be a member of this community - it really seems as if the rockets are already firing and we're about to experience some serious G's.
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Am I the only one as exited as scared and as scared as exited?
Hell no .. you are not!

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|
I'm tired of seeing all the squealing and moaning about percentage this and percentage that, and the petty infighting of people who complain they didn't get enough of the pie, arguing that they should get more of some other guys piece.

Look at the bigger picture. Look at what we are making.

A couple of years from now, you will have wealth that is completely unfathomable to you now. It will not make any difference if your current stake is cut in half, or cut into tenths - you will have more money than you could ever possibly spend.

You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

The last thing BM and the team need to worry about right now are people moaning on the forums. There are space ships to build, and until they're built and safely in interstellar space there is no time to spend on ANYTHING else.

You got in at the ground. Now help build the ground floor. And then the top floor. And then the biggest freaking crypto-rocket the world has ever seen.

If you want to take on your responsibility as a stakeholder, then go read the thread about transparency measures (https://bitsharestalk.org/index.php?topic=10301.0) and help envision how YOU, as a stakeholder, can help govern this ship.

 +5% for both...

Am I the only one as exited as scared and as scared as exited?
« Last Edit: October 22, 2014, 08:54:28 pm by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.

+5% Huge loss confirmed. On another note, we should end the class system that has emerged in this community.

I'm not quite sure what you mean by "class system" but by the end of the year I3 will have approximately zero employees.  Everybody will be going to work for BTS the MegaDAC.  All of us will be employees (or small businesses) the shareholders can fire via the delegate selection mechanism.

I'm not quite sure what it will be like to work for an unmanned company, but that should put us all in about the same class boat.

What is the rationale for having entire companies be delegates? It spreads out risk and makes it more difficult for stakeholders to determine if they can trust them or not. What to do in the situation where 3 people have a delegate together, 2 of them excellent workers and one of them bad?

I see no reason for there to be any middlemen between the work done for the DAC and the payment received for that work. More importantly, if the DAC has already decided that it trusts a person enough to hire him as an employee, it will also trust him enough to run a trusted node in the network. It is irrational to not leverage this trust to increase decentralization by having all employees run delegates.

If a desired employee isn't technically able to run a delegate, instead if making exceptions the DAC should simply expend the resources necessary to teach the employee to run the delegate.

The amount of value generated from absolute transparency and absolute stakeholder control should make these two things the highest priority for a DAC, in my opinion.

Well you can certainly vote that way and evangelize your beliefs to others.

I'll give you some simple examples:

Example 1.  While those of our staff who are public facing can develop their own reputation and become independent delegates, what about support staff?  Are business people and accountants and legal support and custodian and IT support folks supposed to occupy individual delegate slots?

Example 2:  As competition heats up, some of the beloved personalities on this forum might want to band together as a delegate team where each of them individually might not carry enough celebrity weight to get elected by themselves.

Example 3:  BitSapphier is the company that maintains this forum.  Its a composite of perhaps several people that work part time to keep things running.

Example 4:  Last I looked ABL and Toast teamed up to be a delegate - Toast handled the technical side and ABL handled the celebrity side.  I expect this to be a common delegate model.

Bottom line, its a competition to put together 101 valuable services for the industry.  Competition breeds excellence and excellence breeds a far better future than burning your minting fees in the fiery Cracks of Mt. Doom.


The way I see it, any person who the DAC trusts enough to make continuous payments to, should have a delegate. There is no reason not to leverage this trust. If there are not enough delegate slots to accommodate all employees, then the total amount of delegate slots could simply be increased, with 101 delegates chosen at random from the total pool of delegates each checkpoint cycle (and payment rate increased accordingly).

I see your point about lawyers and accountants, there are situations where "middle man" payments cannot be avoided. The important thing in this situation, IMO, is to always have a clear ladder of responsibility, with a singular trusted delegate taking on the responsibility of those that are not trusted. I think it would be really bad to have a situation where trust is "spread" over several people, especially if more than one person controls the delegate.

The "forum celebrity" makes sense though. As long as stakeholders are very careful in their voting habits and are very strong in their demands for transparency I guess it might be possible to do safely.

The reason why I'm so anxious to see good voting habits implemented is that I have reached the (daydreaming) conclusion that the first superDAC to gain a significant network effect will eventually come to own all assets on the planet. I don't think it's possible to be too careful considering the potential implications if the voting culture gets corrupted along the way, and that's why I think we need to set a strong example from the very beginning.

Offline Stan

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.

+5% Huge loss confirmed. On another note, we should end the class system that has emerged in this community.

I'm not quite sure what you mean by "class system" but by the end of the year I3 will have approximately zero employees.  Everybody will be going to work for BTS the MegaDAC.  All of us will be employees (or small businesses) the shareholders can fire via the delegate selection mechanism.

I'm not quite sure what it will be like to work for an unmanned company, but that should put us all in about the same class boat.

What is the rationale for having entire companies be delegates? It spreads out risk and makes it more difficult for stakeholders to determine if they can trust them or not. What to do in the situation where 3 people have a delegate together, 2 of them excellent workers and one of them bad?

I see no reason for there to be any middlemen between the work done for the DAC and the payment received for that work. More importantly, if the DAC has already decided that it trusts a person enough to hire him as an employee, it will also trust him enough to run a trusted node in the network. It is irrational to not leverage this trust to increase decentralization by having all employees run delegates.

If a desired employee isn't technically able to run a delegate, instead if making exceptions the DAC should simply expend the resources necessary to teach the employee to run the delegate.

The amount of value generated from absolute transparency and absolute stakeholder control should make these two things the highest priority for a DAC, in my opinion.

Well you can certainly vote that way and evangelize your beliefs to others.

I'll give you some simple examples:

Example 1.  While those of our staff who are public facing can develop their own reputation and become independent delegates, what about support staff?  Are business people and accountants and legal support and custodian and IT support folks supposed to occupy individual delegate slots?

Example 2:  As competition heats up, some of the beloved personalities on this forum might want to band together as a delegate team where each of them individually might not carry enough celebrity weight to get elected by themselves.

Example 3:  BitSapphier is the company that maintains this forum.  Its a composite of perhaps several people that work part time to keep things running.

Example 4:  Last I looked ABL and Toast teamed up to be a delegate - Toast handled the technical side and ABL handled the celebrity side.  I expect this to be a common delegate model.

Bottom line, its a competition to put together 101 valuable services for the industry.  Competition breeds excellence and excellence breeds a far better future than burning your minting fees in the fiery Cracks of Mt. Doom.

Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Method-X

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.

+5% Huge loss confirmed. On another note, we should end the class system that has emerged in this community.

I'm not quite sure what you mean by "class system" but by the end of the year I3 will have approximately zero employees.  Everybody will be going to work for BTS the MegaDAC.  All of us will be employees (or small businesses) the shareholders can fire via the delegate selection mechanism.

I'm not quite sure what it will be like to work for an unmanned company, but that should put us all in about the same class boat.

I'm not one to have "faith" in anything but I must admit bytemaster, you and the rest of the founding Bitshares team come as close as anything is likely to get. Knowing that you have a master plan for transparency brings me even more confidence in the vision of this team.

What I mean by "class system" is the sense of entitlement I see from a small minority of AGS donors. Consolidating everything into BTS is the best move you could have ever made.

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I'm not trying to pick a fight, but Gamey, didn't you just get done saying "in the end, I'd ask people to start being nicer"  :)
Let Rune have his fun. Since when did optimism become such a threat? Even if some of it might be unfounded....
It isn't the optimism, it is the talk about other's behavior being embarrassing when they're fighting for their investments and giving up part of the ideals that were presented to them.  That isn't exactly true, but it is close enough without going into verbose mode.  It is also irritating, telling people they are lucky, when they put a lot of effort into making their decisions, far before the BTSX crowd showed up.  Optimism alone is fine, but when he mixes it up with the latter, then it becomes very irritating to me and I'm still not back to non-cranky mode.

I totally understand. Seems a lot of emotions are running high right now. I've been "all in" on Invictus since March, PTS, AGS, BTSX, the works, so I'm well aware of the diverse and conflicting positions of the everybody. But honestly, what other projects out there are as promising as what's going on with Bitshares? I'm looking at the "lucky" concept as, well, I chose to invest in Invictus because I believed in their leadership, and have always recognized the potential for messiness. This is a brand new complex thing we are trying to do....
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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

The bolded is embarrassing.  Then telling everyone they are lucky.  No, we were smart and took the largest risks.  Your ass kissing is disgusting and probably has some motive down the road.

No amount of intelligence or risk makes a human deserve the amount of money we are going to get. I can see where you're coming from, it actually does look like I'm kissing ass, and I admit it's over the top. With "the greatest gift there is", what I meant was in a monetary sense... I'm having a hard time imagining if any individual humans have ever had access to the amount of wealth we few early adopters are going to get access to. I imagine all the things that BTS is going to do and get carried away...

But really, for us to be a part of it is just luck. We were in the right place at the right time, lucky enough to possess the right skills to understand the significance of what was in front of us. In the end it is no different than someone being born to riches, or being born exceptionally intelligent, or exceptionally good looking. It's even the same with bytemaster. He's lucky he is smart enough to have the ideas he has, and he knows that with that power comes an equally large responsibility.

Calling it luck means acknowledging that with the massive payoff we are going to get, we have to give something back, we have a responsibility to take what is given to us, and we have to make sure it is used for good. It saddens me that people will still fight each other for the scraps even in the face of the insane payoff we will get, and it makes me realize that even the new system we are building might fall into the same traps as all others before it.

Then again I guess my problem is that I'm unable to acknowledge that not all people see things the same way I do. Obviously someone who doesn't realize that our success is close to certain at this point will be outraged at the losses.

God you are full of it.

It isn't "just luck".  I find it very offensive given how much I put into learning various crypto-stuff before settling on a team I believed in.  You came in here really really recently after a lot of the risk was removed.  Please, spare us.  People arguing about the %s is to be expected.  It is no worse than the vacant air escaping your fingers.

It will die off when it dies off and not because of your added noise.

Remember there's a human behind every forum account. There is really no need to be hostile. I'm sorry if my philosophy about the nature of luck offends you, it was really not my intention. I'm sure if you got to know me you'd find we probably have many things in common, even if we disagree on this (ultimately meaningless) point.

Edit: also I'm sorry for the blanket statement saying it is embarrassing. That was dismissive of other peoples concerns and very rude. What I actually meant is that I'm sad to see infighting in the community when we need to stand together. But I guess you are right that it will be inevitable.
« Last Edit: October 22, 2014, 08:08:39 pm by Rune »

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I'm not trying to pick a fight, but Gamey, didn't you just get done saying "in the end, I'd ask people to start being nicer"  :)
Let Rune have his fun. Since when did optimism become such a threat? Even if some of it might be unfounded....
It isn't the optimism, it is the talk about other's behavior being embarrassing when they're fighting for their investments and giving up part of the ideals that were presented to them.  That isn't exactly true, but it is close enough without going into verbose mode.  It is also irritating, telling people they are lucky, when they put a lot of effort into making their decisions, far before the BTSX crowd showed up.  Optimism alone is fine, but when he mixes it up with the latter, then it becomes very irritating to me and I'm still not back to non-cranky mode.
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Offline Rune

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.

+5% Huge loss confirmed. On another note, we should end the class system that has emerged in this community.

I'm not quite sure what you mean by "class system" but by the end of the year I3 will have approximately zero employees.  Everybody will be going to work for BTS the MegaDAC.  All of us will be employees (or small businesses) the shareholders can fire via the delegate selection mechanism.

I'm not quite sure what it will be like to work for an unmanned company, but that should put us all in about the same class boat.

What is the rationale for having entire companies be delegates? It spreads out risk and makes it more difficult for stakeholders to determine if they can trust them or not. What to do in the situation where 3 people have a delegate together, 2 of them excellent workers and one of them bad?

I see no reason for there to be any middlemen between the work done for the DAC and the payment received for that work. More importantly, if the DAC has already decided that it trusts a person enough to hire him as an employee, it will also trust him enough to run a trusted node in the network. It is irrational to not leverage this trust to increase decentralization by having all employees run delegates.

If a desired employee isn't technically able to run a delegate, instead if making exceptions the DAC should simply expend the resources necessary to teach the employee to run the delegate.

The amount of value generated from absolute transparency and absolute stakeholder control should make these two things the highest priority for a DAC, in my opinion.

Offline oco101

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

The bolded is embarrassing.  Then telling everyone they are lucky.  No, we were smart and took the largest risks.  Your ass kissing is disgusting and probably has some motive down the road.

No amount of intelligence or risk makes a human deserve the amount of money we are going to get. I can see where you're coming from, it actually does look like I'm kissing ass, and I admit it's over the top. With "the greatest gift there is", what I meant was in a monetary sense... I'm having a hard time imagining if any individual humans have ever had access to the amount of wealth we few early adopters are going to get access to. I imagine all the things that BTS is going to do and get carried away...

But really, for us to be a part of it is just luck. We were in the right place at the right time, lucky enough to possess the right skills to understand the significance of what was in front of us. In the end it is no different than someone being born to riches, or being born exceptionally intelligent, or exceptionally good looking. It's even the same with bytemaster. He's lucky he is smart enough to have the ideas he has, and he knows that with that power comes an equally large responsibility.

Calling it luck means acknowledging that with the massive payoff we are going to get, we have to give something back, we have a responsibility to take what is given to us, and we have to make sure it is used for good. It saddens me that people will still fight each other for the scraps even in the face of the insane payoff we will get, and it makes me realize that even the new system we are building might fall into the same traps as all others before it.

Then again I guess my problem is that I'm unable to acknowledge that not all people see things the same way I do. Obviously someone who doesn't realize that our success is close to certain at this point will be outraged at the losses.

 +5% for unbridled optimism in the face of uncertainty. I must admit, I too have been feeling a greater and greater sense of optimism as I've watched the devs navigate through this latest hurdle.

Well I don't really believe that we will all become rich, I hope Bitshare will be the promise DAC that you hope .. But anyway your  optimism can't hurt. Especially now when everybody is shooting at each other. So +1
« Last Edit: October 22, 2014, 07:57:59 pm by oco101 »

Offline CryptoPrometheus

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

The bolded is embarrassing.  Then telling everyone they are lucky.  No, we were smart and took the largest risks.  Your ass kissing is disgusting and probably has some motive down the road.

No amount of intelligence or risk makes a human deserve the amount of money we are going to get. I can see where you're coming from, it actually does look like I'm kissing ass, and I admit it's over the top. With "the greatest gift there is", what I meant was in a monetary sense... I'm having a hard time imagining if any individual humans have ever had access to the amount of wealth we few early adopters are going to get access to. I imagine all the things that BTS is going to do and get carried away...

But really, for us to be a part of it is just luck. We were in the right place at the right time, lucky enough to possess the right skills to understand the significance of what was in front of us. In the end it is no different than someone being born to riches, or being born exceptionally intelligent, or exceptionally good looking. It's even the same with bytemaster. He's lucky he is smart enough to have the ideas he has, and he knows that with that power comes an equally large responsibility.

Calling it luck means acknowledging that with the massive payoff we are going to get, we have to give something back, we have a responsibility to take what is given to us, and we have to make sure it is used for good. It saddens me that people will still fight each other for the scraps even in the face of the insane payoff we will get, and it makes me realize that even the new system we are building might fall into the same traps as all others before it.

Then again I guess my problem is that I'm unable to acknowledge that not all people see things the same way I do. Obviously someone who doesn't realize that our success is close to certain at this point will be outraged at the losses.

God you are full of it.

It isn't "just luck".  I find it very offensive given how much I put into learning various crypto-stuff before settling on a team I believed in.  You came in here really really recently after a lot of the risk was removed.  Please, spare us.  People arguing about the %s is to be expected.  It is no worse than the vacant air escaping your fingers.

It will die off when it dies off and not because of your added noise.

I'm not trying to pick a fight, but Gamey, didn't you just get done saying "in the end, I'd ask people to start being nicer"  :)
Let Rune have his fun. Since when did optimism become such a threat? Even if some of it might be unfounded....
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Offline CryptoPrometheus

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

The bolded is embarrassing.  Then telling everyone they are lucky.  No, we were smart and took the largest risks.  Your ass kissing is disgusting and probably has some motive down the road.

No amount of intelligence or risk makes a human deserve the amount of money we are going to get. I can see where you're coming from, it actually does look like I'm kissing ass, and I admit it's over the top. With "the greatest gift there is", what I meant was in a monetary sense... I'm having a hard time imagining if any individual humans have ever had access to the amount of wealth we few early adopters are going to get access to. I imagine all the things that BTS is going to do and get carried away...

But really, for us to be a part of it is just luck. We were in the right place at the right time, lucky enough to possess the right skills to understand the significance of what was in front of us. In the end it is no different than someone being born to riches, or being born exceptionally intelligent, or exceptionally good looking. It's even the same with bytemaster. He's lucky he is smart enough to have the ideas he has, and he knows that with that power comes an equally large responsibility.

Calling it luck means acknowledging that with the massive payoff we are going to get, we have to give something back, we have a responsibility to take what is given to us, and we have to make sure it is used for good. It saddens me that people will still fight each other for the scraps even in the face of the insane payoff we will get, and it makes me realize that even the new system we are building might fall into the same traps as all others before it.

Then again I guess my problem is that I'm unable to acknowledge that not all people see things the same way I do. Obviously someone who doesn't realize that our success is close to certain at this point will be outraged at the losses.

 +5% for unbridled optimism in the face of uncertainty. I must admit, I too have been feeling a greater and greater sense of optimism as I've watched the devs navigate through this latest hurdle.
"Power and law are not synonymous. In fact, they are often in opposition and irreconcilable."
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Offline gamey

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

The bolded is embarrassing.  Then telling everyone they are lucky.  No, we were smart and took the largest risks.  Your ass kissing is disgusting and probably has some motive down the road.

No amount of intelligence or risk makes a human deserve the amount of money we are going to get. I can see where you're coming from, it actually does look like I'm kissing ass, and I admit it's over the top. With "the greatest gift there is", what I meant was in a monetary sense... I'm having a hard time imagining if any individual humans have ever had access to the amount of wealth we few early adopters are going to get access to. I imagine all the things that BTS is going to do and get carried away...

But really, for us to be a part of it is just luck. We were in the right place at the right time, lucky enough to possess the right skills to understand the significance of what was in front of us. In the end it is no different than someone being born to riches, or being born exceptionally intelligent, or exceptionally good looking. It's even the same with bytemaster. He's lucky he is smart enough to have the ideas he has, and he knows that with that power comes an equally large responsibility.

Calling it luck means acknowledging that with the massive payoff we are going to get, we have to give something back, we have a responsibility to take what is given to us, and we have to make sure it is used for good. It saddens me that people will still fight each other for the scraps even in the face of the insane payoff we will get, and it makes me realize that even the new system we are building might fall into the same traps as all others before it.

Then again I guess my problem is that I'm unable to acknowledge that not all people see things the same way I do. Obviously someone who doesn't realize that our success is close to certain at this point will be outraged at the losses.

God you are full of it.

It isn't "just luck".  I find it very offensive given how much I put into learning various crypto-stuff before settling on a team I believed in.  You came in here really really recently after a lot of the risk was removed.  Please, spare us.  People arguing about the %s is to be expected.  It is no worse than the vacant air escaping your fingers.

It will die off when it dies off and not because of your added noise.
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Offline Rune

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

The bolded is embarrassing.  Then telling everyone they are lucky.  No, we were smart and took the largest risks.  Your ass kissing is disgusting and probably has some motive down the road.

No amount of intelligence or risk makes a human deserve the amount of money we are going to get. I can see where you're coming from, it actually does look like I'm kissing ass, and I admit it's over the top. With "the greatest gift there is", what I meant was in a monetary sense... I'm having a hard time imagining if any individual humans have ever had access to the amount of wealth we few early adopters are going to get access to. I imagine all the things that BTS is going to do and get carried away...

But really, for us to be a part of it is just luck. We were in the right place at the right time, lucky enough to possess the right skills to understand the significance of what was in front of us. In the end it is no different than someone being born to riches, or being born exceptionally intelligent, or exceptionally good looking. It's even the same with bytemaster. He's lucky he is smart enough to have the ideas he has, and he knows that with that power comes an equally large responsibility.

Calling it luck means acknowledging that with the massive payoff we are going to get, we have to give something back, we have a responsibility to take what is given to us, and we have to make sure it is used for good. It saddens me that people will still fight each other for the scraps even in the face of the insane payoff we will get, and it makes me realize that even the new system we are building might fall into the same traps as all others before it.

Then again I guess my problem is that I'm unable to acknowledge that not all people see things the same way I do. Obviously someone who doesn't realize that our success is close to certain at this point will be outraged at the losses.

Offline Stan

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.

+5% Huge loss confirmed. On another note, we should end the class system that has emerged in this community.

I'm not quite sure what you mean by "class system" but by the end of the year I3 will have approximately zero employees.  Everybody will be going to work for BTS the MegaDAC.  All of us will be employees (or small businesses) the shareholders can fire via the delegate selection mechanism.

I'm not quite sure what it will be like to work for an unmanned company, but that should put us all in about the same class boat.
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Method-X

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.

+5% Huge loss confirmed. On another note, we should end the class system that has emerged in this community.

Offline biophil

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.

What Ander is talking about: https://bitsharestalk.org/index.php?topic=10381.0
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Offline gamey

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

The bolded is embarrassing.  Then telling everyone they are lucky.  No, we were smart and took the largest risks.  Your ass kissing is disgusting and probably has some motive down the road.
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Offline Ander

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I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

There is going to be forum drama when some poeple just took a huge loss and others didnt.

Hopefully Bytemaster's new modification will make everyone happy and we can all move forward together.
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Offline Rune

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|

I'm a cheerleader, yes. Not for Dan though, my allegiance lies with blockchain technology and nowhere else. The superDAC happens to be the optimal incarnation of blockchain tech, and Dan is the harbinger that will made it manifest into this world. This is the real beginning of what Satoshi started, and how de we celebrate this event? With forum drama. I just can't help but find it embarrassing.

Offline spoonman

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|

As early investors we also took the biggest risks.

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Offline gamey

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.

I'm getting sick of Rune's thinly hidden cheerleading.  The account is not even a month old and this person is condescending to people who have been around far longer, done far more, and bought into something completely different.

He is telling us same cheerleading we heard before he was even around.

It was not an honor or a privilege to have been early investors.  We did this by making the correct decisions.  Make those correct decisions required labor and intelligence.  We worked for it.  You probably came around after seeing BTSX on coinmarketcap.  So save your bullshit for others.

As for everything else it seems fairly close to a done deal.  I'm not happy, but mainly it is over the cultural shift.  It is likely required and likely a good thing.  I just don't understand what exactly these "mergers" mean or what exactly they imply and it is a source of my irritation. The value equation is very complicated and depends on a lot of small factors which have been vague and scattered about.

In the end I'd ask people to start being nicer.  I'm sure Dan never really wanted it to turn out like this, and it really is as much a proactive move as reactive I believe.  Yesterday I had a lot little jabs and snide posts.  It is hard not to be that way.  For me this pivot makes it harder to be a rah-rah fanboy as my vision isn't as much aligned with this single DAC centric one.  I'd imagine it is like being a sports fan (whatever thats like) and seeing your whole team just die on the field.  Ok.. not really.. I'm kidding.. Seriously though I will try to be more positive.  We'll see where she goes as I can't see any other project as worthy of my time.  :|
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Offline spoonman

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I'm tired of seeing all the squealing and moaning about percentage this and percentage that, and the petty infighting of people who complain they didn't get enough of the pie, arguing that they should get more of some other guys piece.

Look at the bigger picture. Look at what we are making.

A couple of years from now, you will have wealth that is completely unfathomable to you now. It will not make any difference if your current stake is cut in half, or cut into tenths - you will have more money than you could ever possibly spend.

You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

The last thing BM and the team need to worry about right now are people moaning on the forums. There are space ships to build, and until they're built and safely in interstellar space there is no time to spend on ANYTHING else.

You got in at the ground. Now help build the ground floor. And then the top floor. And then the biggest freaking crypto-rocket the world has ever seen.

If you want to take on your responsibility as a stakeholder, then go read the thread about transparency measures (https://bitsharestalk.org/index.php?topic=10301.0) and help envision how YOU, as a stakeholder, can help govern this ship.

Personally, if they don't get this right, there is no future here. No one will trust BTS. It will not have value, value is made by what people are willing to pay.

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BTS       Witness:harvey-xts Seed:128.199.143.47:2015 API:wss://128.199.143.47:2016 
MUSE   Witness:harvey-xts Seed:128.199.143.47:2017 API:ws://128.199.143.47:2018

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I'm tired of seeing all the squealing and moaning about percentage this and percentage that, and the petty infighting of people who complain they didn't get enough of the pie, arguing that they should get more of some other guys piece.

Look at the bigger picture. Look at what we are making.

A couple of years from now, you will have wealth that is completely unfathomable to you now. It will not make any difference if your current stake is cut in half, or cut into tenths - you will have more money than you could ever possibly spend.

You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

The last thing BM and the team need to worry about right now are people moaning on the forums. There are space ships to build, and until they're built and safely in interstellar space there is no time to spend on ANYTHING else.

You got in at the ground. Now help build the ground floor. And then the top floor. And then the biggest freaking crypto-rocket the world has ever seen.

If you want to take on your responsibility as a stakeholder, then go read the thread about transparency measures (https://bitsharestalk.org/index.php?topic=10301.0) and help envision how YOU, as a stakeholder, can help govern this ship.
Wise words! I am here since december 2013. Every change is discussed who will gain more, that BM and 3I promised and now....  Remember start of AGS etc. I care about each BTS,PTS,AGS in my wallet, but my only real concern is development of Bitshares.  Without first class team it will be soon worthless.


 

Offline Riverhead

Smart people making difficult decisions along an unpaved road.

BTS' new motto?

Offline feedthemcake

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.
+5% +5%

I see people looking to pay for some of their unrealized expectations on top of what was a less than graceful week.
I saw DNS and bought at with the intention of holding for well over 1000 satoshi's and ended up loosing a fair amount of the value because of the postings, but I didn't put myself in a situation where I was gambling everything on DNS rising which I think other people may have. People who went all in on BTSX before the launch were risking quite a bit as well. Also, what happened after the launch of the exchange? Didn't BTSX fall below the price MOST if not ALL of the AGS/PTS pre feb 28 snapshot people paid for it? I believe it did and there was less of an outcry because I think no one knew what to expect and now all of a sudden many people feel entitled to value rather than understanding this is unpredictable and still in growing stages.

I'm proud to be a part of something that is changing, it feels like a young vibrant adaptive company, and that's what I believe in. Smart people making difficult decisions along an unpaved road.

Offline donkeypong

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Well said, Rune. The bigger picture is that we're all getting shares in the next Google. That's the self-interested aspect. Beyond profit, we are getting a better, stronger chance to impact the world in a positive way.

Offline Ander

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I disagree. 

percentages matter.


All of the percentages were at least close to fair except DNS, which got severely lowballed. 
It wasnt fair to DNS, and they are rightfully pissed about it.


A 50% loss is a big deal, no matter what, and its insulting to those that were just hurt to say that it was not.

(I personally was not hurt by this, just trying to stick up for everyone who was).
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Offline CryptoPrometheus

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You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

I think we are seeing "true colors" from a lot of people, out on display for all the community to see. Who can handle the intensity of the reality of what needs to be done? I am most impressed by the ones that haveaccepted this reality, even though it may have meant a temporary personal "loss". My observation is that those who hold most tightly to their "expectations", are the ones who cry the loudest when they find out the world does not revolve around them.
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Offline amencon

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Who put you in charge?

Thanks but no thanks.



Offline Rune

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A couple of years from now, you will have wealth that is completely unfathomable to you now.

That's exactly the kind of argument I've seen for every other shitcoin out there. You're not doing anyone a favour by dragging BTSX down to that level.

Listen, it's not an argument. I'm fully aware that it's backed up by nothing. It meant only for True Believers, who already believe these things. I would never try to convince someone who didn't already "get" bitshares that "it make u millonare hurr durr".

Offline pc

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A couple of years from now, you will have wealth that is completely unfathomable to you now.

That's exactly the kind of argument I've seen for every other shitcoin out there. You're not doing anyone a favour by dragging BTSX down to that level.
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Offline matt608

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 +5%

We need to have productive discussion and move on from the merger. 
« Last Edit: October 22, 2014, 02:13:52 pm by matt608 »

Offline biophil

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+5%

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Offline xeroc

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Look at the bigger picture. Look at what we are making.

The last thing BM and the team need to worry about right now are people moaning on the forums. There are space ships to build, and until they're built and safely in interstellar space there is no time to spend on ANYTHING else.
+5% +5% +5%


Offline Rune

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I'm tired of seeing all the squealing and moaning about percentage this and percentage that, and the petty infighting of people who complain they didn't get enough of the pie, arguing that they should get more of some other guys piece.

Look at the bigger picture. Look at what we are making.

A couple of years from now, you will have wealth that is completely unfathomable to you now. It will not make any difference if your current stake is cut in half, or cut into tenths - you will have more money than you could ever possibly spend.

You act like being an early adopter is a privilege, that you deserve everything you can get your hands on. Let me tell you it is not. It is a gift, maybe the greatest gift anyone has ever received - and it is time that you take on the responsibility that goes along with it.

The last thing BM and the team need to worry about right now are people moaning on the forums. There are space ships to build, and until they're built and safely in interstellar space there is no time to spend on ANYTHING else.

You got in at the ground. Now help build the ground floor. And then the top floor. And then the biggest freaking crypto-rocket the world has ever seen.

If you want to take on your responsibility as a stakeholder, then go read the thread about transparency measures (https://bitsharestalk.org/index.php?topic=10301.0) and help envision how YOU, as a stakeholder, can help govern this ship.