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41  Alternate cryptocurrencies / Altcoin Discussion / Re: 2014 Proof of Honor (POH) Awards - Nominate an Individual! on: November 23, 2014, 10:43:22 PM
I would like to nominate Daniel "bytemaster" Larimer.

Among other things, Larimer worked out how to create bitAssets, that is, assets (like bitUSD) that exist on a blockchain but are pegged to the value their real world counterpart, Larimer pioneered the notion of a Distributed Autonomous Company (DAC), Larimer built Delegated Proof of Stake (DPOS) and Transfer Invisibly To a Name (TITAN) to serve as the underlying BitShares blockchain-technology, Larimer outlined the relation between decentralization, economies of scale and cost.

Larimer also started the bounty for the most watched Bitcoin video ever back in 2010.

Larimer also deserves special mention for being exceptionally generous and honest with his projects, outlining them in detail on the forums long before developing them, sharing all his insights and solutions immediately as he thinks of them, encouraging people to challenge them, and having all code and written content available openly with free access.

http://bitshares.org/
https://bitsharestalk.org/
https://github.com/bytemaster

I would like to nominate Daniel Larimer, references above.

I would like to nominate Daniel Larimer (Bytemaster).

A constant outpouring of innovation.
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XOM] Pre-Release|Coin and P2P Marketplace|Anon|Escrows|Reputation|and More on: November 09, 2014, 10:29:19 PM
Only allowing wealthy investors fund your project, -8 points.

This is a matter of compliance with securities law. The way we are offering our Private Placement REQUIRES that we accept investments only from "Accredited Investors". People who are not wealthy, but like what we are doing, can contribute on IndieGoGo, and get coins as perks.

Kickstarter such that normal people get NO equity in your business, -7 points.

Again, this is a matter of compliance with both US securities law and the rules of IndieGoGo. Normal people may at some point be able to invest via our offering at AngelList (https://angel.co/omnibazaar-inc), at such time as we have a lead investor who is willing to form what they call a "syndication".

Forking BitShares code without mentioning BitShares explicitly even once, -8 points.

[shrug] Where would you suggest I mention it? The IndieGoGo campaign is already too technical for most people who see it. It has already come up in this thread, and is completely out in the open. Does it really matter that much which coin we used as the base for OmniCoin? Every coin out there (except Bitcoin) is based on some other coin. "Imitation is the sincerest form of flattery." We think BTSX is great. We're not hiding that, or any of the great features.

Not honoring the BitShares consensus of 10/10 to PTS/AGS holders, -6 points.

See my response to "biophil" above.

Screen shots that look horribly designed, -7 points.

If you would like to help make it better, we could probably arrange to let you help. If you would like to express some specific constructive suggestions, PM me. I will be glad to hear what you have to say. But "look horribly designed" is not particularly helpful or constructive.

Best,
Rick



[SHRUG]  I'd say you have miscalculated but,
[SHRUG] time will tell............
43  Alternate cryptocurrencies / Altcoin Discussion / Re: *** Beyond Bitcoin Mumble Hangout ** Bitshares and their new marketing strat.*** on: November 08, 2014, 11:51:43 PM
Bitshares is not a crypto currency but a centralized bank.

#3 Crypto is Doge / NXT tied

Bitshares actually contains crypto currencies, bitUSD and bitCNY, as well as crypto asset bitGLD

And. yes, Bithsares has some aspects of a bank (and of an exchange), but it is definitely no more centralized than bitcoin or Doge.
44  Alternate cryptocurrencies / Altcoin Discussion / Re: *** Beyond Bitcoin Mumble Hangout ** Bitshares and their new marketing strat.*** on: November 08, 2014, 10:10:24 PM
Proof of Waste.

Finally it has been put into words.
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares Newsletter (October) - Bitshares Merger & Self Funded Growth on: November 02, 2014, 04:26:01 PM
That's one good copywriter!!!
46  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: BitShares Music + PeerTracks (Pre-sale launch) on: October 10, 2014, 10:23:57 PM
Sooooo basically this is going to compete with the entire record industry and itunes?Huh

 Huh Huh Huh Huh

I guess it's time for some due diligence.

Come up with anything?
47  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the Most Innovative Cryptocurrency/Technology? on: September 10, 2014, 06:43:16 AM
Innovation after innovation in the Bitshares ecosystem.
48  Alternate cryptocurrencies / Altcoin Discussion / Re: need help on: September 01, 2014, 06:26:07 PM
Everyone is going to vote the coin that are holding so i dont think its a good idea to do a poll

That is quite possibly true, and it is a very good indication of what to buy (they have put their money whee their mouth is).
49  Alternate cryptocurrencies / Altcoin Discussion / Re: BitsharesX will go UP or DOWN? on: September 01, 2014, 07:11:04 AM
Since I bought my first bitcoins in early 2011 the price has gone up and then crashed at least 5 times.

Bitshares is a great advancement of the blockchain technology over the bitcoin, or any other altcoin, implementation. But it will surely also be overbought and then crash, and then rise again just as bitcoin has done many times.

I didn't sell the bitcoin I bought at $5 when it reached $30, and I didn't sell them when they dropped down to less than $2. And I will not sell my bitshares until they reach $1, and then only a small portion of them.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: BitsharesX Price Speculation on: August 24, 2014, 06:34:14 PM
Is the bitUSD market still expected to go live on Monday?
sure .. why not?

Still has bugs in the client that are preventing syncing for many users.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: BitsharesX Price Speculation on: August 24, 2014, 05:43:38 PM
Is the bitUSD market still expected to go live on Monday?
52  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT vs BitsharesX on: August 24, 2014, 02:30:16 AM
biTshares is more like Soviet Nintendo.  
http://en.wikipedia.org/wiki/Dendy_%28console%29

They tell you it's the most revolutionary thing comrade but bitassets doesn't come out until monday and they're invading every crypto forum on the internet to encourage others to get into what is otherwise a 99% Chinese fund pump.  Aurora 2.0?


BitsharesX seems to be a bubble as it is a Doge 2.0.  BTSx introduces a lot of Chinese to the concept of second generation coins but as soon as they "break the ground" they will be moving on to real innovators like NXT.


The head dev of NXT posts at Bitsharestalk,org:

"Hi, guys. I have come here to state that a lot of nxters don't support the point of view of those who posted that nonsense about great satan. I hope u will forgive them, they became upset when saw that Bitshares' market capitalization had jumped above Nxt's one."

https://bitsharestalk.org/index.php?topic=7351.30
53  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT vs BitsharesX on: August 23, 2014, 11:11:16 PM
In 1976, which had a better future - Microsoft or Apple?
54  Other / Meta / Re: Bitcoin 2.0 on: August 23, 2014, 08:07:39 AM
Bitcoin 2.0...haha I am wondering what did the owner think before naming it..
It will crash easily..
It's NOT a coin.
It's is a group of competing and cooperating projects: Ethereum, Nxt, Bitshares, and others.
What did the owner think before naming it? What are you talking about?
Cooperating? I don't think so. Competing projects? scams? Yes.
Like it was previously said in the thread, you can't name something Bitcoin 2.0 when in fact it is not Bitcoin.
We are a far far away from reaching v2.0.
It's not hard to find posts related to these projects and there is no need for their own sub-forum/s.

OK, I've decided to agree with you  Smiley

Let's not call the innovation happening Bitcoin 2.0, let's call it blockchain 2.0.

Good?  Or you just don't like innovation?
55  Other / Meta / Re: Bitcoin 2.0 on: August 23, 2014, 07:46:28 AM
Bitcoin 2.0...haha I am wondering what did the owner think before naming it..

It will crash easily..

It's NOT a coin.

It's is a group of competing and cooperating projects: Ethereum, Nxt, Bitshares, and others.

What did the owner think before naming it? What are you talking about?
56  Other / Meta / Re: Bitcoin 2.0 on: August 23, 2014, 06:51:25 AM
the bitcoin genesis, bitcoin protocol and the 5 years of blocks are only at 0.9
will you get it into your head that unless a blockchain contains bitcoins genesis block and 5year block history, then it is simply no version of bitcoin and is purely an altcoin

As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.


what you are describing is businesses which is a layer/step away from the protocol. and its not that exciting. localbitcoins has been a decentralised exchange for a long time.

all these altcoins are just redesigning the wheel where the function already exists, but the 'spit and pollish' makes their gimmicks sound and look new. i have yet to see anything that is what i would describe as 'special' or unique, worthy of adding to bitcoins protocol

Here's the dev behind one 2.0 project:

"BTSX was designed with the assumption that all crypto would be banned from formal exchanges.   The need for a trust-free proxy to the dollar / gold / silver was required as well as decentralized price discovery.   Localbitcoins is much more viable with BTSX and BitAssets because you don't have to match bid/ask/location... just location."  

Just wanna point out that the original idea for BTC is peer to peer , not centralized exchange.

Yeah, but that has been eroding ever since mining by cpu was no longer feasible. The tendency for bitcoin has to become more and more subject to centralizing forces and central points of failure (mining pools, massive mining farms. exchanges) and now the regulators are trying to jump in big time.

Evolve or become irrelevant.
57  Other / Meta / Re: Bitcoin 2.0 on: August 23, 2014, 06:08:56 AM
the bitcoin genesis, bitcoin protocol and the 5 years of blocks are only at 0.9
will you get it into your head that unless a blockchain contains bitcoins genesis block and 5year block history, then it is simply no version of bitcoin and is purely an altcoin

As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.


what you are describing is businesses which is a layer/step away from the protocol. and its not that exciting. localbitcoins has been a decentralised exchange for a long time.

all these altcoins are just redesigning the wheel where the function already exists, but the 'spit and pollish' makes their gimmicks sound and look new. i have yet to see anything that is what i would describe as 'special' or unique, worthy of adding to bitcoins protocol

Here's the dev behind one 2.0 project:

"BTSX was designed with the assumption that all crypto would be banned from formal exchanges.   The need for a trust-free proxy to the dollar / gold / silver was required as well as decentralized price discovery.   Localbitcoins is much more viable with BTSX and BitAssets because you don't have to match bid/ask/location... just location." 
58  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares - The Great Satan on the Blockchain on: August 23, 2014, 04:23:34 AM
Thanks for bringing some clarity to this discussion.
59  Other / Meta / Re: Bitcoin 2.0 on: August 23, 2014, 02:39:39 AM
As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.
60  Other / Meta / Re: Bitcoin 2.0 on: August 22, 2014, 08:29:40 PM
Wow, the owner couldn't find a better name? BTC 1.0/original will be the best always..

I suspect this coin will crash.

Bitcoin 2.0 isn't a coin. It is a group of competing/co-operating projects trying to innovate the next iteration of the cryptocurrency technology. First to market with a truly innovative advancement will do VERY VERY well.
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