Author Topic: I'm Nervous, Please Reassure Me  (Read 13883 times)

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Offline Ander

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Mining bitUSD isn't gonna make a big difference I think. Most large miners instantly sell their blocks OTC for fiat already, or send them to an exchange account that automatically insta-dumps.

Maybe it wont do much, but it cannot hurt, it can only provide positive benefit.

If it converts any amount of miners away from other coins then it results in buy pressure for BTS.

Even if they sell every bit of BTS or bitUSD they get, it still results in more liquidity in the bitassets as they are buying and selling them.

Minebitshares has a positive effect on helping bitshares outperform other cryptos.  Whether that effect is tiny or big remains to be seen.
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Offline toast

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I'm excited about NOTE snapshot being made liquid exclusively on BTS.
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Offline Gentso1

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Want marketing?support marketer's try this areahttps://bitsharestalk.org/index.php?board=61.0

Insert shameless plug or these guys sound goodhttps://bitsharestalk.org/index.php?topic=13837.0

We have 101 spots and I think 20 couple are 100% and most are devs......hmmmm.

Offline teenagecheese

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Maybe you're right it won't get too much traction, but I don't think it will hurt. We have it available so we should market it. Advertise everything we got. Every small bit helps.

Offline Rune

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Mining bitUSD isn't gonna make a big difference I think. Most large miners instantly sell their blocks OTC for fiat already, or send them to an exchange account that automatically insta-dumps. Minebitshares only makes sense for people who are actual bitshares supporters. The thing we need to market is the light wallet with shapeshift. That's really the most important thing because it has the possibility to disrupt all bitcoin spending wallets and it's finally a product that can actually be sold on its own merit rather than visions and promises.

Offline teenagecheese

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Actually even if it's not ready it should be marketed heavily by the marketing team with an expected launch date, but from what I heard, it's already in operation.

Looks like this weekend...

https://bitsharestalk.org/index.php?topic=6236.msg181670#msg181670

This is precisely the type of stuff I think we could get all the marketing delegates working on pushing together.  If they were to put their pet projects on hold for just a short period of time, have Cass make up a few awesome looking banners (which he has been known to do) we could see "mine for bitUSD" alllll over the place.  If we don't do it, I assure you you will see a competitor like Nubits doing it...and guess what, they can print money out of thin air to fund it without nubit holder approval.

Market it. Market it. Market it. We need to market any useful functions we have right now heavily. The longer it takes to get traction, less chance we have. If you look at google trends we are just about at August levels...if we go any lower that means the early adopter crowd (like us) are fading away too. http://www.google.com/trends/explore#q=bitshares&date=today%2012-m&cmpt=q&tz=

Offline Ander

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Ethereum is currently massively overvalued (I don't remember if it was Rune or Fuzzy's analysis that the current price value them at $400 trillions in the end...), they will suffer the same problems as we do for months. We still have the best product. There are countless business that could thrive on easily usable BitAssets : let's get them out there.

Yeah, Ethereum project was wise to not release during the crypto bear market.

Everyone still loves them as a result, because they dont have a price that is dropping.  If they had released Ether as a tradable item, it would have gotten dumped like every other crypto for the past year, and everyone in Ethereum would be depressed and begging them to hurry up the release.
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Offline toast

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Yeah, psychotherapy thread !

The premises haven't changed : we know that once the product is finished, it is the best. We know BitAssets work. This is huge. But everybody feels so bad. I guess it's the Bitcoin depression... if price was going +1% every day we would be ecstatic... and price is almost entirely dependent on Bitcoin.
I would love the BTS price to stabilize relative to the USD, and to let BTC sink alone.. Good news like shapeshift integration almost had no effect...


We have so many good news, good news like shapeshift integration almost had no effect...  and bad news aren't that we lose money, nor that our product is weak... bad news are just that we are late, and that many recurrent problems are still not addressed. And Brian's broken promises. (And Bingo). But it's nothing that really should get the price down so low.

Ethereum is currently massively overvalued (I don't remember if it was Rune or Fuzzy's analysis that the current price value them at $400 trillions in the end...), they will suffer the same problems as we do for months. We still have the best product. There are countless business that could thrive on easily usable BitAssets : let's get them out there.

I'm back to bullish tonight  :)

Ethereum is valued around $60m, not 400 trillion o.O
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Offline inarizushi

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Yeah, psychotherapy thread !

The premises haven't changed : we know that once the product is finished, it is the best. We know BitAssets work. This is huge. But everybody feels so bad. I guess it's the Bitcoin depression... if price was going +1% every day we would be ecstatic... and price is almost entirely dependent on Bitcoin.
I would love the BTS price to stabilize relative to the USD, and to let BTC sink alone.. Good news like shapeshift integration almost had no effect...


We have so many good news, good news like shapeshift integration almost had no effect...  and bad news aren't that we lose money, nor that our product is weak... bad news are just that we are late, and that many recurrent problems are still not addressed. And Brian's broken promises. (And Bingo). But it's nothing that really should get the price down so low.

Ethereum is currently massively overvalued (I don't remember if it was Rune or Fuzzy's analysis that the current price value them at $400 trillions in the end... I'm unable to find that, hope it's not a figment of my imagination), they will suffer the same problems as we do for months. We still have the best product. There are countless business that could thrive on easily usable BitAssets : let's get them out there.

I'm back to bullish tonight  :)
« Last Edit: February 03, 2015, 10:11:02 pm by inarizushi »
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Offline fuzzy

Actually even if it's not ready it should be marketed heavily by the marketing team with an expected launch date, but from what I heard, it's already in operation.

Looks like this weekend...

https://bitsharestalk.org/index.php?topic=6236.msg181670#msg181670

This is precisely the type of stuff I think we could get all the marketing delegates working on pushing together.  If they were to put their pet projects on hold for just a short period of time, have Cass make up a few awesome looking banners (which he has been known to do) we could see "mine for bitUSD" alllll over the place.  If we don't do it, I assure you you will see a competitor like Nubits doing it...and guess what, they can print money out of thin air to fund it without nubit holder approval. 

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Offline Ander

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Minebitshares is pretty cool.

It also has the effect of mining and selling other cryptos and buying bitshares automatically.  This essentialy pressures down every competitor crypto that we mine while raising the price of Bitshares.

And because Bitshares isn't really mineable, *none of them can do this back to us*. :)
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Offline teenagecheese

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I can't wait. I think this will be big (assuming it actually works as claimed).

Offline carpet ride

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If people new what marketing initiatives were valued by leadership maybe more would get done


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Offline lil_jay890

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Actually even if it's not ready it should be marketed heavily by the marketing team with an expected launch date, but from what I heard, it's already in operation.

Looks like this weekend...

https://bitsharestalk.org/index.php?topic=6236.msg181670#msg181670

Offline carpet ride

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We saw the development ToDo list but where is the marketing ToDo list? No comment on the affiliate program suite?


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Buy the ticket, take the ride.