Author Topic: Huge spending will lead to the collapse of BTS  (Read 713 times)

0 Members and 1 Guest are viewing this topic.

Offline bitcoinsfacil

Re: Huge spending will lead to the collapse of BTS
« Reply #15 on: August 29, 2019, 07:29:09 am »
It is clear that in such a flagging market, the withdrawal of such a large amount of money will inevitably lead to the collapse of BTS prices.
In the end, these workers will not get enough money also, even if the vote went through.

True, liquidity on this market is small. Every seller needs to be counter-attacked with buying power. We do not have attention/demand for BTS now.

What's more, these workers are extremely corrupt, wasteful and inefficient. These worker's programmers, for example, earn more than $100 an hour.

False, Blockchain + BitShares developers are scarce and much needed.

@zhouxiaobao Where can I find an alternative proposed solution?

Closing business is not a solution

Offline Customminer

  • Hero Member
  • *****
  • Posts: 699
  • Bitshares FTW!
    • View Profile
  • GitHub: grctest
Re: Huge spending will lead to the collapse of BTS
« Reply #16 on: September 05, 2019, 01:56:22 pm »
Today's blockchain halt is clear evidence why funding dev workers is important; had the core worker no remaining funds the response may not have been so swift.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12885
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: Huge spending will lead to the collapse of BTS
« Reply #17 on: September 05, 2019, 04:13:15 pm »
Clear argument against Indian workers doing core programming @ 1$/hr:
They are in the wrong timezone, shit like this only happens when Europe or U.S. people are awake :D
/s
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH