Author Topic: AGS Funds = Stage 1 Booster Rockets  (Read 5330 times)

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Offline Stan

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Great analogy!

Agreed, but it really has not been the best week for rocket take-offs to outer space.

Its more like this kind of launch:
http://www.youtube.com/watch?v=96A0wb1Ov9k

« Last Edit: November 01, 2014, 01:37:41 pm by Stan »
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Offline xeroc

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What we need is good news about BitUSD onramps.
... and patience

If I had to guess I'd say that at least 80% in the crypto world not yet know or understand BitShares ..

Offline Geneko

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Bytemaster is calculating the remaining fuel burn rate right now.
I'm guessing at the current burn rate we have six months max to quadruple the market cap.
If we do, we will have reached escape velocity, and all will be swell.
Quadruple based on today or on avg price? We dropped another 10% ish today
20% now.
f***

maybe we must first turn the rocket to the right direction!  :P



I am simply in love with this community!!
« Last Edit: November 01, 2014, 11:22:46 am by Geneko »

Offline speedy

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I still believe in the product and vision. BitUSD as a concept is totally undervalued right now.

What we need is good news about BitUSD onramps.

Offline liondani

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Bytemaster is calculating the remaining fuel burn rate right now.
I'm guessing at the current burn rate we have six months max to quadruple the market cap.
If we do, we will have reached escape velocity, and all will be swell.
Quadruple based on today or on avg price? We dropped another 10% ish today
20% now.
f***

maybe we must first turn the rocket to the right direction!  :P


lzr1900

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Bytemaster is calculating the remaining fuel burn rate right now.
I'm guessing at the current burn rate we have six months max to quadruple the market cap.
If we do, we will have reached escape velocity, and all will be swell.
Quadruple based on today or on avg price? We dropped another 10% ish today
20% now.
f***

Offline mint chocolate chip

Great analogy!

Agreed, but it really has not been the best week for rocket take-offs to outer space.

Offline donkeypong

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Offline Ander

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Bytemaster is calculating the remaining fuel burn rate right now.
I'm guessing at the current burn rate we have six months max to quadruple the market cap.
If we do, we will have reached escape velocity, and all will be swell.

And if not, we need to elect multiple paid delegates per developer? 

Thats not the worst failure case.  Its way better than the previous failure case where the funds run out and bitshares dies!
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Offline fluxer555

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That's exactly what we now plan to do.
(Before we didn't have any main engines in place.)

For what it's worth, it was smart to make them last until this point, because now we're going to need as much as we can get!

Offline fluxer555

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From the AGS Google Spreadsheet document, it seems that we have 3375 BTC available still, which at todays rate of $340 is $1,147,500. If we spend that over 6 months that's spending about $190k per month.

Exciting stuff, makes me feel better about buying in to these super low prices.

Offline jsidhu

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Bytemaster is calculating the remaining fuel burn rate right now.
I'm guessing at the current burn rate we have six months max to quadruple the market cap.
If we do, we will have reached escape velocity, and all will be swell.
Quadruple based on today or on avg price? We dropped another 10% ish today
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delegate: dev.sidhujag

Offline Stan

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Bytemaster is calculating the remaining fuel burn rate right now.
I'm guessing at the current burn rate we have six months max to quadruple the market cap.
If we do, we will have reached escape velocity, and all will be swell.

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 fluxer555

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Your analogy warms this old rocket scientist's heart!  :)
That's exactly what we plan to do.
The boosters will increase our dynamic pressure to the point where the ram-jet delegate pay engines can take over at full thrust.
After that we can "press to MECO", except with this propulsion system we never reach Main Engine Cut Off.

+5% That's great to hear, Stan. How much are AGS Funds worth right now?

Offline luckybit

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So when are we gonna start up the gift economy so everyone can donate to improve their reputations?

Make it easy for people to give a recurring donation.  Churches run on recurring donations already.
« Last Edit: November 01, 2014, 04:10:09 am by luckybit »
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