Author Topic: Mid May.Future?  (Read 9432 times)

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Offline Overthetop

I'm not  saying Invictus is doomed to fail, hell I've bought AGS every day this week including today.

 +5% +5% +5% +5% +5% +5% +5% +5% +5%

I want this quote to be moved on topic "marketing"...
This is a very bullish signal for PTS   :) :) :)

Please do not use this for marketing.  Have you not got that I feel trapped and that I'm just acting in my best interest given the situation as I see it?  If Invictus fails to deliver we're screwed anyways so its not like this is an act of support, the incentives they created make it better for me to give them back their PTS for a bigger share of AGS that will be valuable if they succeed.

The only thing that's bullish for PTS is Invictus is releasing the products that were promised and are overdue.

We are all more or less, stuck on a boat. All of us followers of this particular decentralization idea, have our investments stuck, in what seems forever, and our returns depending on the actions of a single person.

This post is not for those of you that think: “That is GREAT”. This is for those who think ‘what can one do about it’. Posting here is a decent option, it may help. For the rest of us, there is a serious possibility that ‘Liquid AGS’ might be coming on the NXT platform. I do not expect such asset, to make liquid all of our (prior) AGS donations, but it might be a good way to invest in AGS in the future.  Just keep an eye for it.

Indeed as investors we are stuck on this situation that only Invictus has control of . But please refer to the work that BM's progress has been doing . It made significant phasing from testing and debugging to the forking of blockchains. Meaning Dan and the rest of Invictus have properly consider all possible ways in preventing flawed products. I'm truly amazed of what the team has done so far. Bitshare X is the key for all DACs to be monetized. Once the blockchain is ready, we can sail along and rock the boat to our success.

 +5%  :)
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Offline jwiz168

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I'm not  saying Invictus is doomed to fail, hell I've bought AGS every day this week including today.

 +5% +5% +5% +5% +5% +5% +5% +5% +5%

I want this quote to be moved on topic "marketing"...
This is a very bullish signal for PTS   :) :) :)

Please do not use this for marketing.  Have you not got that I feel trapped and that I'm just acting in my best interest given the situation as I see it?  If Invictus fails to deliver we're screwed anyways so its not like this is an act of support, the incentives they created make it better for me to give them back their PTS for a bigger share of AGS that will be valuable if they succeed.

The only thing that's bullish for PTS is Invictus is releasing the products that were promised and are overdue.

We are all more or less, stuck on a boat. All of us followers of this particular decentralization idea, have our investments stuck, in what seems forever, and our returns depending on the actions of a single person.

This post is not for those of you that think: “That is GREAT”. This is for those who think ‘what can one do about it’. Posting here is a decent option, it may help. For the rest of us, there is a serious possibility that ‘Liquid AGS’ might be coming on the NXT platform. I do not expect such asset, to make liquid all of our (prior) AGS donations, but it might be a good way to invest in AGS in the future.  Just keep an eye for it.

Indeed as investors we are stuck on this situation that only Invictus has control of . But please refer to the work that BM's progress has been doing . It made significant phasing from testing and debugging to the forking of blockchains. Meaning Dan and the rest of Invictus have properly consider all possible ways in preventing flawed products. I'm truly amazed of what the team has done so far. Bitshare X is the key for all DACs to be monetized. Once the blockchain is ready, we can sail along and rock the boat to our success.

Offline G1ng3rBr34dM4n

...Catching up over a week's worth of posts, but these are what stuck out for me in this one:

College students are actually a really good demographic.

I went by Lighthouse at the time.

I'm not  saying Invictus is doomed to fail, hell I've bought AGS every day this week including today.  I'm saying that I do not have the choice of whether or not to withdraw my investment because their actions have devalued it to the point where it's not worth it until they launch.

That's different.

...reminds me of that famous Warren Buffet quote:


Offline NewMine

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I'm a long time supporter, but projects like this have forum turnover where new users aren't aware of the history of promises made and broken before they joined the project.  With that context, things look less optimistic.  Invictus could turn things around but I'm results oriented and so far the results from invictus have been atrocious.

 Now they've spent enough time and collected enough money that there is incredible pressure being brought to bear on them to produce results, I'm a squeaky wheel not Invictus's real problem by any means.  People do not develop well under that sort of pressure, I don't have high hopes.


I am with you Adam.

We, The Investors must hold Invictus accountable for the progress of expectations set by themselves. The only way I know to do this is to be vocal on the forums. There have been many red flags pointed out that if Invictus does go south, the masses will point to in ignorant hindsight. I am not saying it will play out in such a negative way, but it sure seems headed down that path. A great deal of promises have been made with none coming to fruition, just a lot of empty grape Koolaid packets littering the forum. Everyone should be skeptical until a product is delivered. If you are not skeptical, you're not a bad person, you are just naive.


Offline liondani

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Posting here is a decent option, it may help. For the rest of us, there is a serious possibility that ‘Liquid AGS’ might be coming on the NXT platform. I do not expect such asset, to make liquid all of our (prior) AGS donations, but it might be a good way to invest in AGS in the future.  Just keep an eye for it.

POLL CREATED HERE:
https://bitsharestalk.org/index.php?topic=4621.0

Offline liondani

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Quote from: liondani
Guys I have a very  +5% +5%  +5%  Idea !!!
I don't have time right know,I will come back in a couple of hours to make it public...   ;)  :)

Well this poll is my Idea...

https://bitsharestalk.org/index.php?topic=4621.0
« Last Edit: May 18, 2014, 08:25:46 am by liondani »

Offline Simeon II

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I'm not  saying Invictus is doomed to fail, hell I've bought AGS every day this week including today.

 +5% +5% +5% +5% +5% +5% +5% +5% +5%

I want this quote to be moved on topic "marketing"...
This is a very bullish signal for PTS   :) :) :)

Please do not use this for marketing.  Have you not got that I feel trapped and that I'm just acting in my best interest given the situation as I see it?  If Invictus fails to deliver we're screwed anyways so its not like this is an act of support, the incentives they created make it better for me to give them back their PTS for a bigger share of AGS that will be valuable if they succeed.

The only thing that's bullish for PTS is Invictus is releasing the products that were promised and are overdue.

We are all more or less, stuck on a boat. All of us followers of this particular decentralization idea, have our investments stuck, in what seems forever, and our returns depending on the actions of a single person.

This post is not for those of you that think: “That is GREAT”. This is for those who think ‘what can one do about it’. Posting here is a decent option, it may help. For the rest of us, there is a serious possibility that ‘Liquid AGS’ might be coming on the NXT platform. I do not expect such asset, to make liquid all of our (prior) AGS donations, but it might be a good way to invest in AGS in the future.  Just keep an eye for it.

Offline AdamBLevine

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I'm not  saying Invictus is doomed to fail, hell I've bought AGS every day this week including today.

 +5% +5% +5% +5% +5% +5% +5% +5% +5%

I want this quote to be moved on topic "marketing"...
This is a very bullish signal for PTS   :) :) :)

Please do not use this for marketing.  Have you not got that I feel trapped and that I'm just acting in my best interest given the situation as I see it?  If Invictus fails to deliver we're screwed anyways so its not like this is an act of support, the incentives they created make it better for me to give them back their PTS for a bigger share of AGS that will be valuable if they succeed.

The only thing that's bullish for PTS is Invictus is releasing the products that were promised and are overdue.
Email me at adam@letstalkbitcoin.com

Offline donkeypong

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I've bought AGS every day this week including today.


You're officially a good guy. Can we stop with the AGS bashing while we're snapping it up like Halloween candy? We all have a stake in the success of these products.

Offline liondani

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I'm not  saying Invictus is doomed to fail, hell I've bought AGS every day this week including today.

 +5% +5% +5% +5% +5% +5% +5% +5% +5%

I want this quote to be moved on topic "marketing"...
This is a very bullish signal for PTS   :) :) :)


« Last Edit: May 17, 2014, 11:02:43 pm by liondani »

Offline AdamBLevine

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"What are you talking about?"   "AGS is obviously trapped and would be worthless if Invictus failed." 

I am talking about the possibility Invictus will succeed... you will then rename the "trapped worthless AGS" to ... "blessed precious AGS"  :)

I'm not  saying Invictus is doomed to fail, hell I've bought AGS every day this week including today.  I'm saying that I do not have the choice of whether or not to withdraw my investment because their actions have devalued it to the point where it's not worth it until they launch.

That's different.
Email me at adam@letstalkbitcoin.com

Offline liondani

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"What are you talking about?"   "AGS is obviously trapped and would be worthless if Invictus failed." 

I am talking about the possibility Invictus will succeed... you will then rename the "trapped worthless AGS" to ... "blessed precious AGS"  :)

Offline AdamBLevine

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It's my hope that Bitshares XT and at least 1 or 2 other DACs will be launched and fully tested/debugged well before the Beyond Bitcoin conference in early July. That way, some Bitshares flagship DACs can be marketed in the lead-up to the conference. Even better if Bitshares X will have been launched by then, but that may be asking for a lot...

It'd be a shame not to use this giant, upcoming opportunity to showcase some things!

The Beyond Bitcoin conference was canceled as far as I know.

Deferred, not canceled, until we have several DACs in the top ten at coinmarketcap.com.   :)

lol

Hey Adam, I've been a listener since last mayish and I came here because of you. I'm not trying to attack you or anything, just wondering why you have such an attitude on these forums. Yes the products are late, we have also been kept up to date the whole time on the reasoning (DPOS) and progress being made. We are on the edge of breakthrough here and I can't figure out why you're being so negative. I'm not looking for a fight, I just want to know where your coming from?

Because Invictus has set and broken many many many self imposed deadlines, adopted an investment strategy I wholly disagree with and provided what I feel was a better and less restrictive (for invictus) model and feel their decision has delivered bad results with development dominated by the one player who already proved to miss deadlines and not be able to do many things at once.

Most recently, Dan has bet the entire project on an experimental lower level transaction processing technology (DPOS) before the actual point of the project (Betting, Assets, etc) can be developed.  This came after a previous attempt at doing the same thing with a new experimental lower level transaction processing technology (TAPOS) that was worked on for a few weeks and then abandoned when they ran into unforeseen problems.   

There is nothing stopping that from being the case with DPOS, it just hasn't happened yet.   Even worse would be to launch quickly with the completely untested tech, have it "used with real money" as they say it needs to be in order to test it, and then people get that "real money" stolen due to a previously unknown exploit.   

I'm a long time supporter, but projects like this have forum turnover where new users aren't aware of the history of promises made and broken before they joined the project.  With that context, things look less optimistic.  Invictus could turn things around but I'm results oriented and so far the results from invictus have been atrocious.

 Now they've spent enough time and collected enough money that there is incredible pressure being brought to bear on them to produce results, I'm a squeaky wheel not Invictus's real problem by any means.  People do not develop well under that sort of pressure, I don't have high hopes.

I have been pounding on these same issues with Invictus for a very long time, so my exasperation is exactly that - exasperation.  It is frustrating as hell to see them walk into the same predictable landmines.  Do you know how long it took them to get a Blog to centralize important information about Bitshares for people who have invested?  Nearly six months. My concern about Angelshares is Invictus was on the one side making it harder for people to get them "for free" during the initial bootstrap of the Bitshares network, but also the risk of sucking up all the money available for investment and Invictus BECOMING the ecosystem rather than becoming a catalyzing player in the ecosystem.      We've now seen how Invictus becoming the ecosystem has smothered it since they have so much going on they don't have time to make good decisions to steward its growth.

I'm still here because, among other things, Bitshares is the only project who still holds my investment trapped.  Angelshares have not delivered as advertised, Protoshares have had their value smooshed so it's in my economic best interest to stick around and try to correct the boat on Bitshares.  I am a squeaky wheel, I'm not special but I do tend to be early so the fact that the situation with Invictus is as troubling to a guy like me should be a warning sign.

I can't quote from this thread, but you can see the early discussion about Invictus starting something like Angelshares. I went by Lighthouse at the time. https://bitsharestalk.org/index.php?topic=1397.0

Ok. Thanks, now I understand where you are coming from. Those are valid points. The broken deadlines are also very frustrating for me. I see the progression of proof of.... as extremely important to both reinforcing the "company" metaphor, and ensuring that anyone who wants to launch a new chain can without worrying about mining and security. I'm not trying to counter your points as I think they are valid, I just draw a different conclusion. To me it seems that invictus made the mistake of promising deadlines while trying to push the envelope. They have failed to meet them, but it is hard to deny the progress that has been made, one can just check github. With DPOS we can have block chains compete at the service level as opposed to the block chain infrastructure level. It seems to me that we are right on the edge of a breakthrough in block chain tech that will result in a breakthrough in the 2.0 space (famous investor last words haha).  I guess we will see this weekend if DPOS holds up. That will be a deciding moment in this journey.

As far as your rep, I should have said I came here due to info I heard on your show. Obviously I don't hold you responsible for my crypto investments.

Yes except all you can do is see the progress Bytemaster has made, not the problems or issues he hasn't yet discovered.  You won't know about those until he does.  It was the same with TAPOS (Transactions as Proof of Stake) until it wasn't.  Things change fast so just because we're currently developing doesn't mean there isn't a show-stopper coming tomorrow.  This is new, untested tech - not even alpha, and only even conceptualized a month or two ago.

I've been waiting for the release of Bitshares now for several months, I don't even pay attention to the deadlines invictus sets for itself except to wave as they sail by on the side of the road.

I'm still here because, among other things, Bitshares is the only project who still holds my investment trapped. 
I have lost a lot of money in the past because my investments was not "trapped"...
How would be the feeling to experience exactly the opposite?

What are you talking about?  If we hadn't had the PTS Snapshot event two months ago PTS would have kept their value and AGS would have been a more effective fundraiser.  Every other token I decide to own I have the ability to sell if the project concerns me to the point where I think my investment is unsafe.

If I lose money because I make a bad decision and don't take steps when they need to be taken, that is my fault.  If Invictus fails before launching the product they promised and I wanted to sell a month ago for concerns of this but they had taken steps to devalue my investment, I do not have that option.   AGS is obviously trapped and would be worthless if Invictus failed.  That is unique in the world of cryptocurrency and I think very negative as it insulates the team from the community repercussions of their decisions.  Again, look at how many people here aren't avid supporters who generally think Invictus is doing a good job.  By any quantifiable or comparable measure they are not. 

When you say you want community inclusion but really just want community validation so it's not your fault but you get to do what you want, you tell people who actually have a valuable opinion that is not consistent with the leaderships that they should leave because they are not valued, they are inconvenient.  They are trolls or troublemakers, and so they leave.
Email me at adam@letstalkbitcoin.com

Offline liondani

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I'm still here because, among other things, Bitshares is the only project who still holds my investment trapped. 

I have lost a lot of money in the past because my investments was not "trapped"...
How would be the feeling to experience exactly the opposite?


Offline smiley35

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It's my hope that Bitshares XT and at least 1 or 2 other DACs will be launched and fully tested/debugged well before the Beyond Bitcoin conference in early July. That way, some Bitshares flagship DACs can be marketed in the lead-up to the conference. Even better if Bitshares X will have been launched by then, but that may be asking for a lot...

It'd be a shame not to use this giant, upcoming opportunity to showcase some things!

The Beyond Bitcoin conference was canceled as far as I know.

Deferred, not canceled, until we have several DACs in the top ten at coinmarketcap.com.   :)

lol

Hey Adam, I've been a listener since last mayish and I came here because of you. I'm not trying to attack you or anything, just wondering why you have such an attitude on these forums. Yes the products are late, we have also been kept up to date the whole time on the reasoning (DPOS) and progress being made. We are on the edge of breakthrough here and I can't figure out why you're being so negative. I'm not looking for a fight, I just want to know where your coming from?

Because Invictus has set and broken many many many self imposed deadlines, adopted an investment strategy I wholly disagree with and provided what I feel was a better and less restrictive (for invictus) model and feel their decision has delivered bad results with development dominated by the one player who already proved to miss deadlines and not be able to do many things at once.

Most recently, Dan has bet the entire project on an experimental lower level transaction processing technology (DPOS) before the actual point of the project (Betting, Assets, etc) can be developed.  This came after a previous attempt at doing the same thing with a new experimental lower level transaction processing technology (TAPOS) that was worked on for a few weeks and then abandoned when they ran into unforeseen problems.   

There is nothing stopping that from being the case with DPOS, it just hasn't happened yet.   Even worse would be to launch quickly with the completely untested tech, have it "used with real money" as they say it needs to be in order to test it, and then people get that "real money" stolen due to a previously unknown exploit.   

I'm a long time supporter, but projects like this have forum turnover where new users aren't aware of the history of promises made and broken before they joined the project.  With that context, things look less optimistic.  Invictus could turn things around but I'm results oriented and so far the results from invictus have been atrocious.

 Now they've spent enough time and collected enough money that there is incredible pressure being brought to bear on them to produce results, I'm a squeaky wheel not Invictus's real problem by any means.  People do not develop well under that sort of pressure, I don't have high hopes.

I have been pounding on these same issues with Invictus for a very long time, so my exasperation is exactly that - exasperation.  It is frustrating as hell to see them walk into the same predictable landmines.  Do you know how long it took them to get a Blog to centralize important information about Bitshares for people who have invested?  Nearly six months. My concern about Angelshares is Invictus was on the one side making it harder for people to get them "for free" during the initial bootstrap of the Bitshares network, but also the risk of sucking up all the money available for investment and Invictus BECOMING the ecosystem rather than becoming a catalyzing player in the ecosystem.      We've now seen how Invictus becoming the ecosystem has smothered it since they have so much going on they don't have time to make good decisions to steward its growth.

I'm still here because, among other things, Bitshares is the only project who still holds my investment trapped.  Angelshares have not delivered as advertised, Protoshares have had their value smooshed so it's in my economic best interest to stick around and try to correct the boat on Bitshares.  I am a squeaky wheel, I'm not special but I do tend to be early so the fact that the situation with Invictus is as troubling to a guy like me should be a warning sign.

I can't quote from this thread, but you can see the early discussion about Invictus starting something like Angelshares. I went by Lighthouse at the time. https://bitsharestalk.org/index.php?topic=1397.0

Ok. Thanks, now I understand where you are coming from. Those are valid points. The broken deadlines are also very frustrating for me. I see the progression of proof of.... as extremely important to both reinforcing the "company" metaphor, and ensuring that anyone who wants to launch a new chain can without worrying about mining and security. I'm not trying to counter your points as I think they are valid, I just draw a different conclusion. To me it seems that invictus made the mistake of promising deadlines while trying to push the envelope. They have failed to meet them, but it is hard to deny the progress that has been made, one can just check github. With DPOS we can have block chains compete at the service level as opposed to the block chain infrastructure level. It seems to me that we are right on the edge of a breakthrough in block chain tech that will result in a breakthrough in the 2.0 space (famous investor last words haha).  I guess we will see this weekend if DPOS holds up. That will be a deciding moment in this journey.

As far as your rep, I should have said I came here due to info I heard on your show. Obviously I don't hold you responsible for my crypto investments.