Nice work so far guys, keep up the good work !  |
|
|
|
|
The pump is over, get over it.
|
|
|
|
Many people say different altcoins are better than others but I don't really see any proof as of yet. What altcoin should I invest in? How do I know if an altcoin is succeeding? I have many questions, but I can't seem to find an answer easily :S
Have you seen CoinGecko? My advice to you is to do loads and loads of research don't believe all the hype out there. coingecko is a joke, every stat it has about bitshares is completely wrong, for example it says that there are only 66 closed issues in development instead of 882. They also feel that facebook "likes" should be counted in the community rate but not the forum stats of a coin.
My advice to you is to do loads and loads of research don't believe all the hype out there.
^^^This |
|
|
|
Yeah, I don't agree. I think his "backing it fully" is PR bs to avoid making it look like he's ditching the social consensus. He refunded all PTS ever donated to I3 and plans to not make any more snapshots.
I'd say calling it a "amateur clusterfuck" is more accurate than calling it a "greed-driven pump and dump".
Good to hear, at least someone calls it how he is seeing it. The cheerleading at your forum is nauseating. PTS price is being pumped up, wait and watch as you see how it gets dumped and destroys BTS reputation with it. You still got time to correct it, considering you are a core developer. Can you understand now why PTS is "pumped"? Can you understand why PTS will be "dumped" after those dates? |
|
|
|
. . As a side note bytemaster has 1466 more posts since then. . .  |
|
|
|
BitSharesX is reinventing the proverbial wheel. BitSharesX is trying to replace $Fiat bankers with a banker version of themselves, but doesn't explain why we would want to replace our bankers with them. Better the devil we know than the devil we don't. DPos is also not working as people have held their positions since launch despite being incompetent and/or absent from their duties, reminds me a lot of crooked politicians and elected officials who can't be voted out.
Do you know that for every bitUSD that comes to existence 3X that value is held as collateral in BTS? Actually you sound as if you really like your bankers, weird. DPoS is working perfect, btw who are you to judge if a delegate is incompetent? you don't even know that BitSharesX was renamed to BitShares. You know nothing Jon snow... |
|
|
|
|
It seems that for some people the whole world is "unfair" when their shitcoin isn't in coinmarket's top positions. Keep crying and spreading FUD at whatever you perceive as the enemy. It makes no difference, the shitcoin you hold will remain a shitcoin. For those that still have some brains left in their head all I have to say is: DO your research and you won't regret it.
|
|
|
|
I could actually add, didn't intentionally try to leave anyone out  , I just messaged Testz I wanted to hear some answers to some fundamental questions. This question should serve for anyone who'd like something added. ... Some one already answer for your questions for: Counter Party MasterCoin Ripple (Codius) Where I can read about it? I ask to add BitShares because they also have a plans to implement smart contracts as many other "coins" which listed in your list. Not technically actually lol. That's a great point actually.. I messaged my friend who is a big fan and very knowledgeable on BitSHares, I asked him if should add. Id he says it qualifies or someone can give some details on an upcoming project we can add them right in! Well, bitUSD volume has collapsed to effectively zero... The whole thing has always been based on dodgy propositions not used in the Financial World... Lot of hysteria about this in bitShares forum. https://bitsharestalk.org/index.php?board=8.0Tried installing BitShares client on 2 different Win 7 machines... Neither successfully downloaded the blockchain... and the client crashed on both machines repeatedly. The devs seem to think this is funny or something. https://bitsharestalk.org/index.php?topic=8246.0Also, has any actual person created a meaningful "contract" with BitHalo? Maybe that is why BC is collapsing to all-time lows. It's really not about "smart contracts"... It's about a STABLE, decentralized Gen 2.0 PLATFORM with MANY useful functions. I can think of only one that qualifies right now = NXT... and that is a big head start. dude are you on drugs? is your brain damaged? or what? bitUSD volume is more than 700k today you choose the wrong day to spread your FUD lol http://www.bitsharesblocks.com/assetshttps://coinmarketcap.com/assets/ |
|
|
|
Ladies and gentlemen, let the wild wild west Smart Contracts duel begin! Votes and comments please!!!  Honestly...how can you miss bitshares? It isn't even on the list??? at #4 on coinmarketcap----can't even make it onto the list?? Ethereum doesn't even have a blockchain yet and you have them on the list...Mastercoin is dead. Ripple is so centralized it might as well be Goldman Sachs. Counterparty sucks (as long as it is tied to the Bitcoin blockchain). NXT is probably the only one up there worth it (and maybe bitHalo)...but even bitHalo could be a user-issued asset that is easily purchasable with the bitUSD, bitGLD, bitSLV...etc on the BitShares Decentralized exchange. please fix this and look like you have a clue about the crypto landscape as it really is? +5% |
|
|
|
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/bytemasterI would like to nominate Daniel Larimer, references above. |
|
|
|
Scams usually do come out of nowhere and claim their crypto is undervalued and will triple in price then take over bitcoin. If you can't see this is a scam you deserve to be scammed
A few months old "nxt lover" account that declared war on bitshares |
|
|
|
Can someone explain to me the process of getting notes. I sent btc to the address provided and the auction is now over. I downloaded bitshares x client, but am somewhat confused with the interface. Is this the platform that i am supposed to import my notes to or is there another bitshares music wallet?
Thanks,
There will be a new bitshares music wallet, also you can check some FAQ here http://bitsharesmusicfoundation.org/faq.html |
|
|
|
Hmmm...now I'm wondering why we even have this thread. I've learned that NuBits and bitUSD are not competitors, as clearly stated by Bytemaster at 16:30 of the Beyond Bitcoin discussion linked in post 46 above (link reproduced here): https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-community-dev-hangout-2014-9-26The "thin air" issue also warrants a closer look. NuBits are granted by shareholders to custodians. The custodians then sell them on the exchanges, which means real money is coming into the system. The proceeds are used to maintain the peg, pay dividends, fund developmental projects, and compensate the custodians. It is similar to a fractional reserve bank -- all the cash that comes into the system is not available for redemption. If all existing NuBits were to be cashed in at the same time, the peg would break and the system would fail. The developers acknowledge that the Nu network cannot function in perpetuity, but this doesn't imply that it is useless and fundamentally flawed. I don't think a fractional reserve system meets the definition of a ponzi scheme. Admittedly, it's a subjective interpretation and a Google search will reveal good arguments on both sides. Banks operate on fractional reserves yet have facilitated stable commerce for centuries. Note that the Bitcoin network produces 25 coins -- out of thin air -- every 10 minutes and nobody seems to complain. The original developer was also anonymous -- a criticism I've seen thrown at Nubits recently. This is a time bomb you describe here, if some and not all of nubits are backed by "real" money then this means that some nubits are indeed backed by thin air and this number of nubits will continue to rise with time because of interest rates, for how long do you expect people to continue to support a broken system? afaik we are trying to go away from "fractional reserve". Also don't compare bitcoin to nubits. You are forgetting that bitcoin is not pegged to a specific price and its value is determined by supply and demand, the problem with nubits is its "peg" to 1 dollar. What do you think would happen if you could try to "peg" bitcoin to a specific price like 500$ with the mechanisms used in nubits? my guess is that you would be forced to create millions and millions of coins when the demand is high, (like when it was at $1000+ in the past) and create even more coins when the demand drops like when it did some weeks ago. Demand is high? you create more coins!! Demand is low? you create even more coins!! What will happen to all those accumulated coins? you will have to find more suckers to sell them or you will be forced to pay even greater interest rates and thus create even more nubits in an already low demand market, rinse and repeat. My example may not be that good but I believe it helps to see the big picture. AFAIK bitcoin developers are not anonymous any more. In my books anonymity is a lack of belief in your project, If you really believe in your project you say who you are and what you are trying to do, as simple as that. |
|
|
|
|
btw nubits just printed another 4.04M out of thin air, any potential buyers here? remember that they can print as many as you want! maybe you can ask for a discount if you buy large quantities!
My guess is that noone is buying this ponzi, all I see is an artificially inflated supply and bot trading to get some attention, perhaps they should "print" 140M this would bring them to the 2nd place in marketcap.
|
|
|
|
Nice trolling miner krach but lets see for how long you can swim... Those who are technically objective will find us all by themselves. Those who are blindly loyal to a crypto tribe will sink or swim with that tribe (while their wealth migrates to us without them). This is an acceptable result. quote source and nice reading http://bitshares.org/stans-thoughts-on-dpos-and-bitcoin/ |
|
|
|
They aren't censoring or deleting satoshi's old threads or posts but deleting pointless necrobumps which is against the forum rules.
They deleted a post from 2010 that wasn't pointless necrobump or against the forum rules. Who the fuck thinks that has the right to delete posts addressing to satoshi and WHY? What will be the next step? to delete posts from satoshi himself? They could simply delete any 2014 pointless/unrelated post and lock those threads. |
|
|
|
Yurizhai makes a good point. Leaving their approaches to implementing a dollar-pegged digital asset aside, the Bitshares and Nubits/Peercoin communities couldn't be more different. Sunny King, Sigmike, Jordan Lee, and the other devs display the attributes of scholarly, completely serious professionals, who absolutely refuse to get into the ubiquitous name-calling, cheerleading, and bashing that permeates so much of the crypto-coin discourse and marketing. The extent of Jordan Lee's comments on Bitshares was that it is different than the Nubits concept. That's pretty much it -- no criticisms, no bashing. He and the other devs work in anonymity and let their work speak for itself. The Bitshares community, in contrast, strikes me as more of an us-vs-them frat-boy club. The tone of the posts, which are often sophomoric with little to no substance, isn't going to do them any favors with potential investors or adopters. I was initially very intrigued by Protoshares, but found myself losing interest as I became aware of the prevailing close-minded attitude. Then there was the headline photo in their February 2014 newsletter, which essentially sealed it for me: http://static.squarespace.com/static/51fb043ee4b0608e46483caf/t/52f318d2e4b0bdba1c163a6d/1391663314443/News%20Letter%2005%20-%20February%202014.pdfNothing has happened in the last half year that has caused me to change my opinion. You have 12 post and in your last 6 posts you are attacking BitShares! Please tell us what coin you support and post a picture of your developers here! There are lots of reasons for developers to be anonymous and one of them is lack of belief in their project, I will let you figure out what other reasons there are to be an "anonymous developer". I respect the developers you mentioned above, especially Sunny King but Jordan Lee is doing it wrong! I see no wrong to tell him that his creation "quacks like a duck" and some people might actually think that it's a "duck" and not what he claims thinks ( EDIT) it to be. I believe in bitshares and I know who the developers are and how capable they are, I also have some pictures of the developers! how many people can say the same in this forum? |
|
|
|
You should send a ticket to Bter, I had the same problem quite a few times but they always solved it. Here is a block explorer but TITAN makes it difficult to track transactions http://www.bitsharesblocks.com/blocks I think you have this info in your client's transaction info anyway. |
|
|
|
1. how will it keep its price while being traded for BTC
....
....
https://nubits.com/about/price-stabilityThey just create new coins out of thin air and auto sell them in centralized exchanges for 1$ when there is high demand. They will offer you high interest rates to "park" your coins when there is high selling pressure and the price drops(If this was implemented in bitcoin when the price was $1000+ would bitcoin still worth more than $1000 today? I dont think so! ) If I'm wrong someone please correct me. |
|
|
|
I might got it wrong but your tools to stabilize prize is by auto selling in centralized exchanges and by offering high interest rates when the prize is too low? EDIT It seems I got it right... https://nubits.com/about/price-stabilityProbably this explains the -25% peercoin price so far |
|
|
|
|
Show Posts
