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Haha, Slingshot I already stated that I'm a fanboy, But still I'm impressed the time you put to prove you are not a idiot but I'm not convinced sorry.
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The short answer to your question is Daniel Larimer is anything but a genius.
Fully agree with that. I don't like ANY of his recent decisions, or how the community is going ahead in malicious intent to scam, swindle and cheat all previous holders while grabbing as much stash for themselves as possible with the recent X share scam, and of course that isn't enough either (it never is for stupid/greedy scamming criminals) so alas their stealing more with more carnival scams by even more massive inflation / i.e. theft from shareholders.
I'm especially unhappy with the aspects of the new dilution/inflation too. Most unhappy. But at least there will be a most happy ending. Read on...
I can't deny though BitUSD, BitGold & BitSilver etc. are just more empty promises about a year later, with this series of newest scams now laid out and rolling along, and of course with ever more swindling of new fools and dupes as much as possible that thought there were serious people instead of scam artists out to swindle from dupes and fools.
These most obvious shills above call Daniel Larimer a genius. You have to be insane to state such a thing here.
With nothing but hot air and fluff, and with nothing adding any value what so ever with their actions going on a year now except for empty statements about remittances, online shopping, merchant & user adoption, a new website & even talk of a BitUSD debit card.
JUST SHUT UP! Shut the fuck up already! These scammers deserve a microphone (extra large) up their bun-holes. And after all their about to be sharing prison cells with Buba for their criminal acts, a long list of them from the looks of things...But hey, maybe they can fool and dupe the SEC just as easy as many here??
The nonsense replies above read like a horror show, or a really horrible attempt to RE-RE-RE-PUMP this now flee bag pile of scam-crap to ever more dupes and fools.
Enough already. With the SEC hot on these clowns and jokers heels they are apt to be spending many a years behind bars for this kind of grand theft series of endless schemes and nothing but hot air amounting to nothing AT ALL. Or at least that's how many of us seeing this today, and many more will extremely fast!
PTS & X, we're so sorry...but we must steal ever more, so let's steal (inflate away) just like the FED, BOE, BOJ, BOC, and even soon the ECB. After all we're intitled to the fools and dupes money too? right? WRONG.
SEC, are you listening?? Best put a red mark next to these obvious scamming thieves.
Say what? Their called and termed Fiduciary duties geniuses!!! That has been in full breech for the longest with PTS, bla, bla, bla, and now X. Forgetaboutit, these are classic scam artists with a brand new twist and nothing else. Their a dime a dozen in these parts and this is exactly what this is too, imo, and I don't give a rats ass what anyone else thinks and states otherwise. This REEKS HORRIBLY.
So let's feed them to the SEC whom is looking for many more perfect examples in these parts, and here we have many ALL IN ONE Giant series of scams that fooled many a fool and dupe.
Never again assholes. NEVER AGAIN.
Sell it all fools & dupes. And don't ever trust these crooks again.
Last thought: be sure to be real nice to buba in that prison cell block...lol...I already hear the SEC laughing nonstop at these swindling, idiots. Daniel Larimer : What a genius. NOT. It's called stupid/greedy/scammer that crossed far too many lines to ignore anymore. And all involved parties did breech their Fiduciary duties to their shareholders. But then this is a non-corporation that no one party owns. Tell that to the SEC bitches. And to Buba too, lol...
The short answer to your question is you are a idiot !!! Nobody should bother even answering to such stupid posts...oh well,,,. There is not even a once of true in your delusional lie. I don't even know why answer to such a scumbag like you are .. but I guess should be because when you see a idiot better call him out !!! Should be hard to be you man, you wake up in the morning and look yourself in the mirror what you see ? I can't believe you still here in this forum with this attitude. Ohh yeah I'm a funboy !!!
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Only allowing wealthy investors fund your project, -8 points.
Kickstarter such that normal people get NO equity in your business, -7 points.
Forking BitShares code without mentioning BitShares explicitly even once, -8 points.
Not honoring the BitShares consensus of 10/10 to PTS/AGS holders, -6 points.
Screen shots that look horribly designed, -7 points.
Right on !!! I really don't get why they chose to do it this way. Good luck with that but no thanks. I will never support this in any way for the reason mentioned above.
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Like it. Not a easy decision this merger but it looks very promising.
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Interesting. Indeed there are some really big problems with POW, it will takes some time to really see it, a lot of people are in denial but sooner or later it will be so obvious that it could not be ignored anymore.
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So, the whole bitshares concept could have been done on the NXT blockchain using NXT as the store of value and creating a bitUSD asset. (I assume they didn't cause the devs could create BTSX's for free.)
Probably but there are a lot of differences still, Bitshare use DPOS you have a transaction speed of 10 sec. You have the delegates,you have dividends that are payde to shareholders etc. "the hole bitshare concept" - Bitshare X is the first DAC the first of many to come that are using bitshare toolkit : Bitshare Dns, Bitshare Music, Bitshare Play, follow my Vote etc. My point is Bitshare concept is much more then Bitshare X so there are more differences that you can see at first glance.
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The first mover advantage is great but what stops NXT from doing their own collateral or pegging system or a near-equivalent thereof?
Nobody it stopping them hope they gonna do it !! Nobody stopped people copying bitcoin either. It's a question of IF something brings utility to the mass market and if the mass market is utilizing this service
The utility is here : "it's just an amazing way to store the value of assets in a decentralised way that's never been possible before!" Truth will see how the mass market reacts.
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My only problem with the article and the comparison is that a house, real estate, has intrinsic value.
What gives a BitShare intrinsic value that makes it valuable collateral for creating bitUSD from?
What gives bitcoin intrinsic value ? Nothing? lol well for this "nothing" people are paying 500$ a piece. The intrinsic value is Block chain technology and what you can do with it.
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My only problem with the article and the comparison is that a house, real estate, has intrinsic value.
What gives a BitShare intrinsic value that makes it valuable collateral for creating bitUSD from?
What gives bitcoin intrinsic value ?
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Actually, I do not speculate on things like those but regarding the recent upsurge of the trust in BitShares I am curious about the opinion and insights of others.
I mean how could anybody in the crypto community would want to mirror the FED?
I cannot believe that to be true.
Precisely. Anyone who has done their homework and spent any time at all on bitsharestalk.org over the past year knows that BitShares is the antidote to the Federal Reserve's 100+ years of economic atrocities. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But do yourselves a favor and study before you decide if this is the Next Big Thing or not. " Knowledge and Understanding is the ultimate Proof of Work." ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I am not sure if it is an antidote or just a replacement that changes nothing. Not sure if you read http://invictus-innovations.com/bitshares-as-dac-bank/But fractional reserve lending is about robbing the wealth of others. I am not sure if that is in the best interest of the crypto community. lol so you read that article and you are saying that : "how could anybody in the crypto community would want to mirror the FED?" ... I'm sorry but you completely got it wrong. You probably should read it again.
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Transaction time 10 sec it is a different experience then any other coin..... wait BTSX it is not a coin it is a Bank and decentralized exchange !!! BitAssets just around the corner, bitUSD anyone ?
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Invest in bitshares x and receive dividends.
sry, never heard, what is that?where do i get that, any website? here : http://bitshares-x.info/ it is absolutely brilliant and it only came out like a few weeks ago.
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![Grin](https://bitcointalk.org/Smileys/default/grin.gif) There is a big story behind PTS, your's to discover !!
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This looks really interesting. This think could really change the status quo !!!
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We need BitUsd this it is so much bigger then Oversotck !!! I'm pretty sure this will change the crypto world as we know it. Can't believe it people are still going for meaningless coins and missing the big picture !!!
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Yeap I'm buying too. Don't think AGS is relevant anymore. IMHO because you can't donate to Ags anyway so it confuse people more then else. PTS that the way to go. This is what is amazing about Bitshares.. you could still invest in any new DAC that is coming out, that's brilliant still !!
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Is this DAC a pure public service, or is it meant to operate at a profit?
Every Dac that is using Bitshare is meant to operate as a profit for the shareholders
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Looks very good. Lots of information there tough. So Bitshares is is a opens source platform kind of like Etherum but instead having one block chain to rule them all you have many specialized(finance,games) block chains ?
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