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61  Other / Beginners & Help / Re: USB Miners on: July 09, 2014, 12:52:51 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?
62  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares-PTS to double/triple in price in the next 45 days!!? on: July 07, 2014, 08:54:53 AM
Top 10 reasons to be excited about BitShares right now


Reason 6: Next PTS Snapshots



Next PTS Snapshots for new DACS? That's what you get by donating to PTS now? Any idea what those new DACS those will be?

Yes the three main ones I'm focusing on are the BitShares.p2p domain system, a lottery DAC called BitShares Lotto & BitShares Music. But there's more in the pipeline at various stages. (I noticed a third party is putting this site together Bitsharesmarket.com which covers a lot of the DAC's.)

To be honest the tough part is valuing their effect on PTS. Say I estimate those three DAC's are probably worth a combined 50 mil. BitShares only commits to give PTS a minimum of 10% of the equity. (However in BitShares X which should be trading in a week or two they gave PTS 50%) So personally I'm hoping for more average equity. Either way PTS is undervalued in my opinion and will jump to reflect the value of whatever the announcements are.



BitShares X is going to be trading where?

Sorry, for all the questions. This seems promising. I'm just not exactly sure where the best entry is?

Donating to AGS in the next few days you get a higher share value of the other DACS.
PTS is undervalued and could double/triple in value.
Bitshares-X has an amazing potential and is almost ready to launch.

BitShares X is going to be made liquid in the next two weeks. It will probably be picked up by every major exchange. Currently pts is traded on bter and crypsty and i would expect xts (bitshares x symbol) to be traded on these exchanges initially and then traded on other exchanges. the api is very simple there is good documentation on how to compare its uses with use of the bitcoin api. since blocktimes are 15 seconds and confirmation takes 1 block i would expect as many exchanges as possible will adopt its use.

I would say of the three possible investment vehicles ags, pts and xts, xts will probably provide the best return although there is the minor possibility of the network being reset given some unforeseen bugs. bitshares x is in active alfa testing and the probability of a reset is minimal but there is always that risk. pts is a good strategy since you can get equity in new dacs while still maintaining a liquid asset. pts is going to get upgrade to the dpos blockchain, so that in and of itself can lead to a great value proposition. ags shares are not liquid but they are probably more undervalued by the market than even pts.

in terms of the three different investment vehicles xts has the greatest possible return, ags has the second greatest and pts comes in third. it is all about preferences and risks.

Thanks, you explained that well and have clearly done your homework.
63  Economy / Gambling / Re: CoinDrafts.com | Bitcoin Sportsbook & Fantasy Sports | No Accounts | Live Chat! on: July 07, 2014, 03:57:15 AM
Looking at Monday's MLB Fantasy Tourney I don't see anyone in it. How many people are playing in the tourneys on average?
64  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares-PTS to double/triple in price in the next 45 days!!? on: July 07, 2014, 03:53:35 AM
Top 10 reasons to be excited about BitShares right now


Reason 6: Next PTS Snapshots



Next PTS Snapshots for new DACS? That's what you get by donating to PTS now? Any idea what those new DACS those will be?

Yes the three main ones I'm focusing on are the BitShares.p2p domain system, a lottery DAC called BitShares Lotto & BitShares Music. But there's more in the pipeline at various stages. (I noticed a third party is putting this site together Bitsharesmarket.com which covers a lot of the DAC's.)

To be honest the tough part is valuing their effect on PTS. Say I estimate those three DAC's are probably worth a combined 50 mil. BitShares only commits to give PTS a minimum of 10% of the equity. (However in BitShares X which should be trading in a week or two they gave PTS 50%) So personally I'm hoping for more average equity. Either way PTS is undervalued in my opinion and will jump to reflect the value of whatever the announcements are.



BitShares X is going to be trading where?

Sorry, for all the questions. This seems promising. I'm just not exactly sure where the best entry is?

Donating to AGS in the next few days you get a higher share value of the other DACS.
PTS is undervalued and could double/triple in value.
Bitshares-X has an amazing potential and is almost ready to launch.
65  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares-PTS to double/triple in price in the next 45 days!!? on: July 07, 2014, 03:15:53 AM
Top 10 reasons to be excited about BitShares right now


Reason 6: Next PTS Snapshots



Next PTS Snapshots for new DACS? That's what you get by donating to PTS now? Any idea what those new DACS those will be?
66  Alternate cryptocurrencies / Altcoin Discussion / Re: is Quark Coin worth a buy? on: July 06, 2014, 05:48:30 AM
Quark reddit and forum is a ghost town.

Where does the Quark community meet?
67  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares-PTS to double/triple in price in the next 45 days!!? on: July 05, 2014, 02:21:01 AM
Well, in the next few weeks were gonna see who was right about this? Huh
68  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin trend reversal on: July 04, 2014, 04:22:36 AM
I've been looking at Litecoin more and more expecting a rally.

Litecoins best bet for remaining number 2 is the inefficiency/"scammability" of its would be competitors.
69  Other / Beginners & Help / Re: How to buy bitcoins with VISA or PayPal? on: July 03, 2014, 02:56:30 AM
There are also some fair/trustworthy ebay sellers, but you will be paying at a stiff hike.
70  Other / Politics & Society / Re: New-York Unlicensed Bus Network on: July 03, 2014, 02:51:45 AM
Wow, that's a pretty detailed and accurate article.
71  Alternate cryptocurrencies / Altcoin Discussion / Re: any good IPOs going on? on: July 01, 2014, 08:20:58 PM
Can someone give me an explanation on why NXT is good?

What's with those photos on their site? Are those real NXT devs or just a bunch of stock photos of random people?




the more interesting question is what do you think?

About the photos or NXT in general. I see that the photos were from an unofficial site.

This is the best explanation up on NXT I've read http://deadloch.com/nxt-explained/

It seems promising, but will it be supported or become a flash in the pan that is dropped when the new new thing comes along.



The "official" site of NXT is this http://www.nxt.org/

and i cannot see any photos like you are saying.

If the http://www.nxtcommunity.org/ is an unoffical site, then that clears it up. Thanks for the clarification.
72  Alternate cryptocurrencies / Altcoin Discussion / Re: any good IPOs going on? on: July 01, 2014, 04:52:15 AM
Can someone give me an explanation on why NXT is good?

What's with those photos on their site? Are those real NXT devs or just a bunch of stock photos of random people?

73  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts on: June 30, 2014, 05:23:37 PM
So I just started mining this. What's the future outlook for this coin?

and does the name Quark conflict with Quark press?
74  Other / Off-topic / Re: What Song are you Listening To? on: June 29, 2014, 08:37:33 PM
Feist - Sealion
75  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares-PTS to double/triple in price in the next 45 days!!? on: June 29, 2014, 08:18:38 PM

This shitcoin is still around???  Weren't they supposed to pay everyone their bitshares-x like....4 months ago or something but never did?  

To be honest, I was a bit frustrated with length of time they've taken and would have liked BitShares XT tradeable earlier. However it should be worth the wait.

By comparison, I have circa 50% in Bitcoin still, though I like Bitcoin, it is pretty centralised because you only have to get to two people to destroy confidence in the system at a crucial time.
The confirmation times & transactions per second are excruciatingly slow hence the need for Bitpay etc.
But the big one for me is that a lot of merchants let you pay in Bitcoin but transfer straight to $.

BitShares X if it eventually is able to do what it says on the tin, will have a system that's more decentralised but with enough trust (knowing who will produce next block) that they can handle MasterCard/Visa volumes and process them incredibly rapidly. More importantly you will 'hopefully' be able to hold BitUSD or BitGold on a blockchain. So it's not a shitcoin, more like the - 'could change everything coin' so I guess actually you could call it 'the shit' coin Smiley

The first chain will have interest payments removed and be light on features but this is the idea for those that are interested. (Buying PTS now won't get you a stake in it, you'll have to wait a few weeks till it becomes tradeable.)

Quote
BitShares is a revolutionary new bank and exchange that could rival the value of the largest banks in the world such as JP Morgan and Bank of America in just a few years. How could this new upstart grow so quickly?  BitShares offers a bank account that earns 5% interest where funds can be transferred in minutes anywhere in the world with more privacy and security than a Swiss bank account.  Your account can never be frozen, your funds cannot be seized, and the bank can never face collapse due to loan defaults or fraud.  All of this is made possible without requiring any employees, lawyers, regulatory compliance, vaults, buildings, and other infrastructure required by traditional banks.  Unlike existing banks, you can hold your balance denominated in gold, silver, oil, or other commodities in additional to national currencies while earning 5% interest.  

In addition to acting as a bank, BitShares also serves as an exchange where currencies, commodities, and stock derivatives can be traded with most of the features used by professional traders including shorts and options.   The Bank takes a cut on every transaction and pays 100% of these transaction fees as dividends to the shareholders.  BitShares can achieve this feat using the same technology that makes Bitcoin possible, irrevocable decentralized automated consensus forming.    

You can keep track of progress and learn more here https://bitsharestalk.org/index.php?board=3.0


Yea right.  Every other day someone comes out with a coin that will "revolutionize everything".  I won't go through all of your points one by one, suffice to say though bitshares doesn't do any of the things you say it does.  Bitshares doesn't do anything, actually.  None of the "revolutionary" features are active.  They are all way overdue.  What you have is a lot of promises from a company that has failed to deliver on a single promise.

Yes there's been delays. Hence the low share price & volume. I believe BitShares XT & DPOS will be released in the next few weeks so that's one of the reasons why I believe there's a unique buying opportunity.

Waiting till something's released or all features are active is safer but not as lucrative.

You can see how development and testing is going here
https://bitsharestalk.org/index.php?board=3.0



Is there any point in donating to AGS in these last few days? Now that Bitshares X is no longer avialable, what do you think is the best venture:BitShares DNS, BitShares Lotto or BitShares Music.
76  Other / Politics & Society / Re: What good things has Obama had since he is elected ? on: June 29, 2014, 07:50:24 PM
I'm really trying to think of one thing.
77  Alternate cryptocurrencies / Altcoin Discussion / Re: BTER DEPOSIT missing on: June 29, 2014, 07:34:29 PM
I hope everything works out, but I think this was posted in the wrong forum Huh

https://bitcointalk.org/index.php?board=85.0
78  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: June 29, 2014, 06:29:11 PM
What exactly does Charlie Lee do at Coinbase as part of the team?

http://blog.coinbase.com/post/56906034176/welcome-charlie-lee-creator-of-litecoin-to-the-team
79  Economy / Exchanges / Re: Xapo will never work on: June 29, 2014, 08:14:18 AM
Has anyone used these Xapo cards yet?
80  Alternate cryptocurrencies / Altcoin Discussion / Re: What happening with DOGE? on: June 29, 2014, 07:51:39 AM
It's had it's day, I think.

I spotted that there was a slow dump at 110 (ish), so glad I sold what I had, at a profit.


Every Doge has its day  Tongue


Hopefully there's another run up before it's over  Huh
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