!!! Stupid Questions Thread !!!

[Mysto]

Ahh I see, I don't remember reading that anywhere when I was researching, that's alot of money!

Oh well I guess it cuts the crap out, thanks for the quick reply.

Yea if it was super low or none existent you would see a lot of people try to create junk or scam assets which would just clutter things up.

[LRENZ]

Ahh I see, I don't remember reading that anywhere when I was researching, that's alot of money!

Oh well I guess it cuts the crap out, thanks for the quick reply.

[tonyk]

Hi ya'll, I'm very new to Bitshares, I just started looking into it a few days ago so forgive my ignorance

Anyway, I just came across an article that says BitShares charges $5,700 to create and asset on the exchange 

blog.coinprism.com/2014/10/13/assets-on-colored-coins-exchange

Is that for real?? If not we need to contact author and get them to change the article.

Asset registration fee is currently @ "asset_reg_fee": "257,238.37440 BTSX", or about $7000, so the author is more or less correct.

[LRENZ]

Hi ya'll, I'm very new to Bitshares, I just started looking into it a few days ago so forgive my ignorance

Anyway, I just came across an article that says BitShares charges $5,700 to create and asset on the exchange 

blog.coinprism.com/2014/10/13/assets-on-colored-coins-exchange

Is that for real?? If not we need to contact author and get them to change the article.

[xeroc]

I did. So thats the problem?

If you want to register a subaccount .. i.e. foo.bar ... you need to own the name "bar" too ..

[xeroc]

Unless you're in the top 101 you can't enable block production.

yes you can, but your client/delegate will not be allowed to produce blocks ...
Imho you can also publish a feed ... which will not be counted in the market though

[voldemort628]

I did. So thats the problem?

[tonyk]

When i was trying to register an account i got an error message saying something about parent account authority required to regiater child acc.
What should i do?
 And why that happened?

Did you use a dot in the account you tried to register?

[voldemort628]

When i was trying to register an account i got an error message saying something about parent account authority required to regiater child acc.
What should i do?
 And why that happened?

[Riverhead]

odd...when i did that, it looked like it worked.  maybe i typed something wrong... (i have already tried this, but let me see)

*Edit:  I have it up and running...*

wallet_approve_delegate bbx-dns

Unless you're in the top 101 you can't enable block production.

[Mysto]

Is there a way to get raw btsx/bitUSD price history?

[xeroc]

If I do this, is there going to be a problem recovering my wallet, assuming that I have been backing it up regularly?

nope .. all should be fine ... just have AT LEAST the backup you created in-app (jsonBACKUP file) ..
additionally you should store the "wallets" folder which is located somewhere in /Library .. or so ..

[pariah99]

So OS X Yosemite is coming very soon.  Typically, when a new OS X comes out, I back up all of my data and do a clean install to get rid of any lingering bugs.  If I do this, is there going to be a problem recovering my wallet, assuming that I have been backing it up regularly?

[cryptillionaire]

How are user created assets initially distributed? Like free, fund and star?

nope ... the creator of the asset can issue ALL or just part of the assets directly to one of his accounts ...
and sell them at the exchange

That's what allows an IPO/pre-sale on the network .. you define a cap of 1B shares .. create a new share with 1B shares and start issuing and selling them in parts ..

would it be possible to apply a snapshot of a blockchain as the share drop for an user created asset?

[fuzzy]

odd...when i did that, it looked like it worked.  maybe i typed something wrong... (i have already tried this, but let me see)

*Edit:  I have it up and running...*

wallet_approve_delegate bbx-dns