Pitchfork Countdown May Begin Next Week

[jsidhu]

Very nice and timely...

These (even if target time is missed by a week or 2) are very nice news and perfectly coinciding with my prediction for a[edit bout] 50% drop (made here

… but by now those stupid BTS should have fallen by more than 50% in CNY terms ( aren’t they BM?) (alternatively BM should have come back to his senses)…but this were the good old days, I guess and I should have been able to make my 100% gain by now.

and here

When the lead developer of the project wants the BTS price to go down* who am I to argue with him. And as I have no other means to short BTS I did the next best thing - sold [edit all my BTS] (not now but within days of the brownie points announcement) and am waiting for the price to at least cut in half to buy back.

)

In so many words...time to buy back my BTS. And for you to do the same (or even short bitUSD or whatever your risk profile calls for)...

my 2 c - buy Buy BUY 

When Tony says buy you buy.

[Ander]

Well done tonyk.

Two times during this drop I sold a bunch of bts and bought back lower.  from like 2900 to 2500 sats, and again from 2100 to 1600.  But it was only like 10-20% of my BTS.   Wouldve done better if I had had the balls to do what you did, but I dont want to be out of BTS, ever. 

I've added a bunch under 1600 sats though, which I'm pretty happy about.

[nomoreheroes7]

Very nice and timely...

These (even if target time is missed by a week or 2) are very nice news and perfectly coinciding with my prediction for a[edit bout] 50% drop (made here

… but by now those stupid BTS should have fallen by more than 50% in CNY terms ( aren’t they BM?) (alternatively BM should have come back to his senses)…but this were the good old days, I guess and I should have been able to make my 100% gain by now.

and here

When the lead developer of the project wants the BTS price to go down* who am I to argue with him. And as I have no other means to short BTS I did the next best thing - sold [edit all my BTS] (not now but within days of the brownie points announcement) and am waiting for the price to at least cut in half to buy back.

)

In so many words...time to buy back my BTS. And for you to do the same (or even short bitUSD or whatever your risk profile calls for)...

my 2 c - buy Buy BUY 

Tony's back!!

BULLISH!!

 

[tonyk]

Very nice and timely...

These (even if target time is missed by a week or 2) are very nice news and perfectly coinciding with my prediction for a[edit bout] 50% drop (made here

… but by now those stupid BTS should have fallen by more than 50% in CNY terms ( aren’t they BM?) (alternatively BM should have come back to his senses)…but this were the good old days, I guess and I should have been able to make my 100% gain by now.

and here

When the lead developer of the project wants the BTS price to go down* who am I to argue with him. And as I have no other means to short BTS I did the next best thing - sold [edit all my BTS] (not now but within days of the brownie points announcement) and am waiting for the price to at least cut in half to buy back.

)

In so many words...time to buy back my BTS. And for you to do the same (or even short bitUSD or whatever your risk profile calls for)...

my 2 c - buy Buy BUY 

[BunkerChainLabs-DataSecurityNode]

Load testing at 100K TPS will not be viable with standard network connections.

How far can it go with 'standard' network connections?  At least attempt to max this out.

[Akado]

Load testing at 100K TPS will not be viable with standard network connections.

I see, thanks for the reply. Well I'm sure as we start to test transactions speed, that even at a relatively low number for BitShares, it's still a huge number compared with other projects

[bytemaster]

Load testing at 100K TPS will not be viable with standard network connections.   

[BunkerChainLabs-DataSecurityNode]

The key word here is "could" ahah I assume then we won't have the wallet ready for 100,00 tps right? I'm not particularly worried about that. Just expect trolls to use that to say BitShares tried to hype, didn't deliver, scam, etc. But if a decent amount of transactions could be proven to be done in the chain, it could ease some minds.

It Bitshares was even to do 1000 tps, it would make a profit from fees of over 17 million dollars in a single day (at 20 cents each).  Or 3.5 million if those transactions were all done from lifetime members.   That would sure rock the market cap.   The TPS bitshares will be able to handle will be scaled up over time as we get more use.

Yes, I'm not talking about having a high number of transactions, but somehow being able to prove it can handle those number of transactions, because that's where anti-bitshares people will start off. "Big claims, no deliver" and stuff like that.

Btw, I really like those numbers 

Having that said, good work guys, it's finally going to pay off! 

I agree that one of the most important test now is getting load testing going that reaches the 100,000tps range.

[Akado]

The key word here is "could" ahah I assume then we won't have the wallet ready for 100,00 tps right? I'm not particularly worried about that. Just expect trolls to use that to say BitShares tried to hype, didn't deliver, scam, etc. But if a decent amount of transactions could be proven to be done in the chain, it could ease some minds.

It Bitshares was even to do 1000 tps, it would make a profit from fees of over 17 million dollars in a single day (at 20 cents each).  Or 3.5 million if those transactions were all done from lifetime members.   That would sure rock the market cap.   The TPS bitshares will be able to handle will be scaled up over time as we get more use.

Yes, I'm not talking about having a high number of transactions, but somehow being able to prove it can handle those number of transactions, because that's where anti-bitshares people will start off. "Big claims, no deliver" and stuff like that.

Btw, I really like those numbers 

Having that said, good work guys, it's finally going to pay off! 

[Ander]

The key word here is "could" ahah I assume then we won't have the wallet ready for 100,00 tps right? I'm not particularly worried about that. Just expect trolls to use that to say BitShares tried to hype, didn't deliver, scam, etc. But if a decent amount of transactions could be proven to be done in the chain, it could ease some minds.

It Bitshares was even to do 1000 tps, it would make a profit from fees of over 17 million dollars in a single day (at 20 cents each).  Or 3.5 million if those transactions were all done from lifetime members.   That would sure rock the market cap.   The TPS bitshares will be able to handle will be scaled up over time as we get more use.

[BunkerChainLabs-DataSecurityNode]

I only guarantee that our GUI will be better than Ethereum's at launch

Good target to aim for.. our something will be better than their nothing.

[Akado]

The key word here is "could" ahah I assume then we won't have the wallet ready for 100,00 tps right? I'm not particularly worried about that. Just expect trolls to use that to say BitShares tried to hype, didn't deliver, scam, etc. But if a decent amount of transactions could be proven to be done in the chain, it could ease some minds.

[Ander]

I only guarantee that our GUI will be better than Ethereum's at launch

 

[bytemaster]

I only guarantee that our GUI will be better than Ethereum's at launch

[inarizushi]

Yeah, nice job  . I'm not entirely optimistic, but I hope so much that BitShares 2.0 will be able to bring financial freedom to the masses !