Author Topic: Price of BTS is 0.000014 btc/bts before announce bts2.0, but now the price is  (Read 4661 times)

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Offline sittingduck

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Bts2 is only 8 months from conception.   

Offline BunkerChainLabs-DataSecurityNode

It's shocking that some here would reduce this to a question of promising y and delivering x.  You try conceiving, building and delivering - under extremely difficult circumstances and on a shoestring budget - one of the great technical wonders of the world and see how that goes.  I'm not saying everything is perfect, but geeze louise.

I am also shocked that people expect near perfection at launch and attribute price to that not being the case. 



I mostly predicted an incomplete project months ago:

As investors, do we really think this next iteration will be the final version?  I have my doubts.  I have a feeling MPA's will be difficult to get right, but eventually the correct formula will be found.  Bitshares has been rebooted twice now.  First with the "merger" and now with 2.0.  I could foresee another reboot being necessary if this next version doesn't go exactly according to plan, but at least the dev team is willing to take on that task if necessary and not just try to patch things up if it doesn't work.


Bitshares is still far ahead of its closest competitor, ethereum, which is cli only and only for use by developers at this point.  I think we are seeing a bottom in price here, although I wouldn't be surprised to see a final push down to about 1000 sat to shake out the remaining weak hands.  IMO, we should see a bottom form and a steady uptrend develop near the first of the year.  [/speculation]

edit:  Keep in mind, these projects are still and experiment and work in progress.  I foresee a few more years before we see real production level protocols.  Bitcoin is the only project that is close.  I would say that once the block size debate is solved, then bitcoin could be considered in a production level environment... and bitcoin has been a work in progress for 7 years now.  2.0 projects, including bitshares have been around for only a few years and are much more complicated that bitcoin.

I think to summarize the sentiments.. we all got the 'impression' this would be the flying  Delorean time machine.. but we got the Tesla  Model X.. soo we have everyone going 'awwwwww.. but I wanted the flux capacitor so I can go back in time and make my project rock'.... CNX has been saying over and over.. 'yeah, but it is the BEGINNING of the Delorean time machine!'.

I think making assessments of everything without the perspective that this is an MVP is only going to feed disappointment of who partakes... it's ok.. it leaves more opportunity to those that can see everything for what it really is.
« Last Edit: November 01, 2015, 02:12:25 pm by DataSecurityNode »
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Offline xeroc

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Have you guys seen how the wallet/exchange changed (read: improved) since launch?

Not satisfied yet? Think you can do better? Go and fork it and do so!!
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

jaran

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Have you guys seen how the wallet/exchange changed (read: improved) since launch?

Not satisfied yet? Think you can do better? Go and fork it and do so!!

Reading the bitshares-ui license it says you cannot fork it for any multi user website unless i am misunderstanding?  So one would have to build a new ui from scratch rather than fork the existing ui?

Quote
2. Any source or binaries are for single-user use only and may not be used to deploy a mulit-user website.

https://github.com/bitshares/bitshares-2-ui/blob/bitshares/LICENSE.txt

Offline svk

I can actually relate to Adam's comments about the Mastercoin wallet, I remember trying to fire that up but their  warnings were so strong I got the impression just using it would almost certainly corrupt my bitcoin wallet and I'd lose everything. I ended up just not using it and still have not claimed my MAIDSAFE tokens because of it.

So yea we should change that backup warning and make the backup process smoother.
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Offline cass

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So yea we should change that backup warning and make the backup process smoother.

 +5%
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Offline karnal

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without real user's support, price just depend on whales.

this

Offline wallace

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we have a better and faster platform, we have a better technology, but user activity decreased a lot, why?

I think the reason is that the developer don't know how the marketing works.

I know BM want the system profit to feed the developer. but we must make money from others, not from ourselves, currently it seems no one use our system except ourselves.

in China, most of internet coporations believe in a words: "Free to bring users, users can bring profit".
give me money, I will do...

Offline hammurabi

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Bitshares are too difficult to use.

With each release there is something new to learn and only insiders can keep up with that pace.
I am an experienced computer geek, but I have difficulties to keep up with that chaos myself.

Marketing guy made many mistakes like starting bitshares.tv series in 240p! (with a $5 usb camera from before year 2000 I suppose).
Or by repeating over and over how the big world is "ramping up" to use BitShares already. Instead of being short and informative he decided to bore viewers to death.
I stopped watching as these series turned out to be lies to temporarily pump up the price.

I myself tried to use bitshares many times but was unable to due to unusable javascript wallet. I suppose javascript technology was a gamble to make it more popular in web ecosystem. Time will tell if this strategy is right. If BitShares were about to succeed this indeed could speed up future development. But for my typical desktop use I am simply discouraged. Each time I dare to launch the wallet I am praying to the gods, old and new, to keep my keys safe.

From time to time I also try to educate myself more on recent changes in BitShares, but I end up dismissing browser 404 pages or trying to navigate through ocean of useless information regarding obsolete incarnations of previous bitshares projects.

Finally, the graveyard of unfinished BitShares assets doesn't bring comfort to any investor.

Sorry for dropping harsh words. But this is how it is from perspective of potential user.


Tuck Fheman

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Bitshares are too difficult to use.

With each release there is something new to learn and only insiders can keep up with that pace.
I am an experienced computer geek, but I have difficulties to keep up with that chaos myself.

Marketing guy made many mistakes like starting bitshares.tv series in 240p! (with a $5 usb camera from before year 2000 I suppose).
Or by repeating over and over how the big world is "ramping up" to use BitShares already. Instead of being short and informative he decided to bore viewers to death.
I stopped watching as these series turned out to be lies to temporarily pump up the price.

I myself tried to use bitshares many times but was unable to due to unusable javascript wallet. I suppose javascript technology was a gamble to make it more popular in web ecosystem. Time will tell if this strategy is right. If BitShares were about to succeed this indeed could speed up future development. But for my typical desktop use I am simply discouraged. Each time I dare to launch the wallet I am praying to the gods, old and new, to keep my keys safe.

From time to time I also try to educate myself more on recent changes in BitShares, but I end up dismissing browser 404 pages or trying to navigate through ocean of useless information regarding obsolete incarnations of previous bitshares projects.

Finally, the graveyard of unfinished BitShares assets doesn't bring comfort to any investor.

Sorry for dropping harsh words. But this is how it is from perspective of potential user.

 :-\    Yeah, you've pretty much summed up what an outsider (and some weekenders) sounds like.

I have several friends who won't bother with 2.0 because of 1.0 issues ... the stinger is still in the skin I guess.

I'm not sure how to remove this stigma since it seems the more I preach the 2nd Covenant BitShares 2.0 the smaller my congregation becomes.

Where's BJ2.0 when you need him?  :P

Offline .yoshi

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I personally don't think that CNX has any idea how to market their product(s). Stan promising the moon and consistently under delivering is getting old and has damaged the BitShares brand. Half baked, incohesive marketing efforts have achieved next to nothing. Messaging has been mixed and inconsistent from the inception of this project. I understand that some of these changes have been necessary to maintain or expand the capabilities of the product, but changes have never been communicated in a simple way that does not scare off bag holders or potential users.

Ethereum (our biggest competitor at present, despite what some people might think) is eating our lunch with minimal effort. What's even more telling is that BTS is failing to track BTC following our 'massive' relaunch.

I still have a little bit of faith in the spin-off projects (Music, VOTE, PLAY), but I think BitShares is in a pretty bad spot right now.

Offline mike623317

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Because the most reasonable on-ramp gateways into BTS still rely on BTC deposit. 
If someone were to develop a legitimate cash>BTS or cash>bitAsset gateway then it would be more appropriate to conceptually price BTS in terms of that baseline.

I think you have a valid point.
1. A better, more professional and easy to use GUI that also works on a phone.
2. Cash > BTS on ramp.

I also think there is a feeling that we cant get a great, finished, polished client out there. 1.0 didnt have a realistic working client. 2.0 works but its not polished, easy to use or look the part. I think we'll get there, but its not prime time yet. For example, i just downloaded the blockchain.info phone app. Works first time and looks the part. We've been in development for 2 years and we have a GREAT backend, but not front end. Yet.
IMO

Offline sittingduck

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So much complaining.   We need to take the marketing.  Stan is out of control.  Let's use the tools we were given and make the best.