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I've done a quick overview and did some reading (can't do much right now it's pretty late). I must say that this would be really complicated to introduce to the average person. What is the plan for this? I mean I've been going in circles what is what, how do I get this from that on the wiki and FAQ page. Also ended up with this: Oops!
You blew up the Internet.
on the FAQ page.  Yes, that why I was saying that that is probably why people aren't interested in it or might even be hostile towards it as there is a lot of information to read before it starts to make sense. HEY I BOUGHT MY FIRST PROTOSHARES (NOW BITSHARES-PTS) FROM YOU!!!! HAHA Perhaps, you should have kept them haha Those Protoshares you exchanged with me for Bitcoin now give me a stake in BitsharesX, Lottoshares, Bitshares DNS an Bitshares Voice and my stake of BitsharesX if worth a substantial amount.  |
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those of you comparing Quark, Megacoin and Randomcoin123 with BitShares...
yep those are the right ones, u r the noob trying to pump ur little investment LOL its all the same when will ppl realize even bitcoin is a ponzi scheme to enrich a few? god u ppl are stupid man..... GOSH.... UUUUhhhh TaunSew, BitShares volume is not 99% Chinese either. We're talking about the fact that the Chinese are one of the major and defining investors in cryptocurrencies, be it Bitcoin or BitShares
chinese and russianese volume is 100% cuz america+europe has only debt and basically no money LMAO ~CfA~ Do you even understand what a ponzi scheme is? Based on your comment you clearly don't. Now, will there be a small number of people that control a large percentage of the money supply. Yes, there is and always will be. However, it is not a result of a ponzi scheme but rather those who take massive calculated risks in the beginning gain massive rewards in the end. It doesn't matter whether you are talking about dollars, Bitcoins, or Bitshares. listen justin bieber if u try to market ur bitshares ponzi to me u can try until u r old its just another shitcoin period to make fiat money period. same like dark coin and vitalik coin ~CfA~ No, I'm not going to try to convince you. You're not worth my time and you don't seem to be a very honest individual either due to your terrible trust rating. |
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those of you comparing Quark, Megacoin and Randomcoin123 with BitShares...
yep those are the right ones, u r the noob trying to pump ur little investment LOL its all the same when will ppl realize even bitcoin is a ponzi scheme to enrich a few? god u ppl are stupid man..... GOSH.... UUUUhhhh TaunSew, BitShares volume is not 99% Chinese either. We're talking about the fact that the Chinese are one of the major and defining investors in cryptocurrencies, be it Bitcoin or BitShares
chinese and russianese volume is 100% cuz america+europe has only debt and basically no money LMAO ~CfA~ Do you even understand what a ponzi scheme is? Based on your comment you clearly don't. Now, will there be a small number of people that control a large percentage of the money supply. Yes, there is and always will be. However, it is not a result of a ponzi scheme but rather those who take massive calculated risks in the beginning gain massive rewards in the end. It doesn't matter whether you are talking about dollars, Bitcoins, or Bitshares. |
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Let's be honest here Litecoin is officially dead and Bitcoin is like AOL, Napster, and Myspace.
They both have their days numbered and from the looks of it BitsharesX is rapidly catching up to Litecoin.
The reality is that Bitcoin is only number one because of the first mover advantage. This is why everyone know what Bitcoin is
but that doesn't mean that it is a superior technology when compared to others like BitsharesX, NXT, and Ethereum.
So what are you guys doing? Are you going to continue holding Litecoins and Bitcoins or are you going
with the newer more innovative technologies?
What currency did you use to buy your BTSX (or possibly PTS if you got them that way)? Bitcoin isn't going anywhere for all the time it's still the primary gateway for purchasing alts. Also, BTSX has somewhat different goals to BTC and LTC. Even in their video they describe themselves as more of a business oriented coin, rather than just a spending money coin. Then there's things like merchant adoption and even general public awareness. Maybe in the distant future it might change, but at the moment most people have generally only heard of Bitcoin, assuming they've heard of any cryptocurrencies at all. Don't get me wrong, BTSX is great and all, but I don't see it replacing coins that were designed with different uses in mind. Clearly it's on the up and I'm glad I bought some when it was dirt cheap, heh. Well with the BitAssets and in particular BitUSD you have tokens within the Bitshares platform that can be used for spending like you can with Bitcoin. In fact it is even better as BitUSD is market pegged to the dollar. As a result, you get the benefits of Bitcoin with the stability of the USA dollar. |
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Hao dare you sir!? BitsharesX is the new DigitalCoin. It's even better than NXT with Blockchain 2.0 Gravy on top.
BitsharesX will allow us all to be our own commodities broker, start virtual cyber corporations based on smart property, paint the sky blue, cure cancer, bring joy to orphans, spread peace to the Middle East, and give you a foot massage. Plus BitsharesX makes a damn fine cup of coffee.
Why do one thing better than anyone else, when you can be everything to everyone?
And don't forget Proof of Stake is better than evil, climate-changing Proof of Work. Because ManBearPig.
In conclusion, BitsharesX is the most advanced technology since IntelliHash.
Yet it seems like many members do not take it seriously or hate it. There must be something to this. Why exactly would it be the best thing out there. Funded developers? (only because you pointed this out in a fashion where Bitcoin development is bad(ish)) All my eyes see is centralized development, or are they fooling me? Don't get me wrong, just trying to inform myself. I hate the fact that all of the volume is from China! I think that part of the reason it isn't taken seriously may have to do with the amount of information needed to learn about it. It isn't just a currency, its a platform, decentralized exchange, and a digital company that exists only in software and pays dividends. In contrast, when you think of Bitcoin or Litecoin its basically just money that you send from A to B. https://bitsharestalk.org/ this is the forum for BitsharesX if interested to learn more |
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Litecoin 24 hour volume: $3,808,460 < BitsharesX 24 volume: $3,905,960
Sorry to hear that BitshareX is officially dead too then  When you look at it objectively you will see that BitsharesX has a lot going for it when compared to everything else. The people behind the development of BitsharesX are arguably the most open and transparent of any project to date. (Ethereum is also pretty open) The real world identities of those behind BitsharesX is known to anyone that is willing to look this is clearly not a pump and dump or a scam coin. As for the recent rise that is because of an innovative feature that was just turned on today. First of its kind really. Market driven BitAssets. Yeah the Quark used to be #3-#4 and Mastercoin was like #3 at one point and said the samething as you and what happened to them? It's great that BitsharesX is suddenly popular with a few private funds in China but that isn't sustainable when they pull out and/or the PRC bans it. I remember Quark but I really didn't see anything too interesting or innovative about and so I never invested or looked into it much. In terms of Mastercoin I don't think their developers had the long term vision and commitment that Daniel Larimer has with Bitshares. Also, as mentioned before Litecoin has virtually non existent development and no innovative or useful feature when compared to Bitcoin. BitsharesX is very well funded and has the ability to pay developers and not rely on donations like Bitcoin. |
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The coin gets a sudden pump from China and now it's the best that there is? Well that makes sense. These threads are pointless actually. I'm just gonna sit here and  when China bans it. The thing that people don't understand is that BitsharesX is a platform and you don't need to exit the system in order to make money. BitsharesX is a decentralized exchange but unlike the other "Bitcoin 2.0" Bitshares is the only one that is innovating and developing at rapid pace. You can compare their github repos to NXT, Mastercoin, and even Ethereum and see that there is no comparison. Again, banning BitsharesX in China or Bitcoin for that matter means nothing. There is really nothing they can do to stop it. Remember how successful governments and corporations have been in shutting down peer to peer file sharing? |
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Litecoin 24 hour volume: $3,808,460 < BitsharesX 24 volume: $3,905,960
Sorry to hear that BitshareX is officially dead too then When you look at it objectively you will see that BitsharesX has a lot going for it when compared to everything else. The people behind the development of BitsharesX are arguably the most open and transparent of any project to date. (Ethereum is also pretty open) The real world identities of those behind BitsharesX is known to anyone that is willing to look this is clearly not a pump and dump or a scam coin. As for the recent rise that is because of an innovative feature that was just turned on today. First of its kind really. Market driven BitAssets. |
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why because it is the truth?
The reality is just that. What innovative features does Litecoin have that merit the number two spots?
"oh Litecoin is Silver to Bitcoin's gold"
All it has is a marketing gimmick in its favor. Out of the next 8 alt coins after Litecoin
on coinmarketcap virtually all of them have better features, technology, and active development than Litecoin.
Litecoin serves as a feasible additional layer of obfuscation with a market volume that can support such a role. It's a perfect compliment to Bitcoin. Most sound minds would agree with your conclusion and it is why no alternate will "kill"" Litecoin. There may be an alternate which could surpass LTC's capitalization but that is an entirely different thing. LTC will always have value being a compliment to BTC. A third compliment could be BitcoinDark but that's a marketing challenge (I have no association with BitcoinDark or any stake in it). If you look at coinmarketcap you will see that BitsharesX has greater 24h volume than Litecoin and it is currently on the rise. Will there be a correction? Maybe, but when you compare BitsharesX to Litecoin it is like comparing a space shuttle to the horse and buggy. |
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Quit trolling and provide some actual facts besides your clearly biased opinions. BTer, BTC38, and just recently added Poloniex are the only exchanges with BTSX at the moment. Also, think about the BitUSD market feature that was just added today. If you feel the price of BTSX will crash you can simply trade for BitUSD WITHIN the client itself which is pegged to the dollar. No more will you have to trust your shares on an exchange, this is a significant step forward decentralized trading. Rather its BTSX, Nxt, or the next 2.0 tech at least the boundaries are being pushed. Succeed or fail it's nice to see people stand up and push the btc ideology.  so true |
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Expect an influx of clashing opinions in this thread.  Yes, that's what I'm expecting thats why I chose the title I chose for the thread. |
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LOL dead compared to what? There's no other alt coin that can touch it right now You know that Bitcoin has issues when a core developer can't pay his rent. Bitcoin has been on a slow and steady decline since the beginning of the year. |
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Wait wasn't it Chinese people that helped propel Bitcoin to its glory days of $1,000+ a coin? Also, a ban means nothing just like a banning thepiratebay means nothing. |
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lol joke thread
why because it is the truth? The reality is just that. What innovative features does Litecoin have that merit the number two spots? "oh Litecoin is Silver to Bitcoin's gold" All it has is a marketing gimmick in its favor. Out of the next 8 alt coins after Litecoin on coinmarketcap virtually all of them have better features, technology, and active development than Litecoin. |
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Let's be honest here Litecoin is officially dead and Bitcoin is like AOL, Napster, and Myspace.
They both have their days numbered and from the looks of it BitsharesX is rapidly catching up to Litecoin.
The reality is that Bitcoin is only number one because of the first mover advantage. This is why everyone know what Bitcoin is
but that doesn't mean that it is a superior technology when compared to others like BitsharesX, NXT, and Ethereum.
So what are you guys doing? Are you going to continue holding Litecoins and Bitcoins or are you going
with the newer more innovative technologies?
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Litecoin IS officially dead and the BitsharesX is rapidly catching up to it. BitsharesX is the most innovative cryptocurrency to date that is why it has risen so much over the last few days.
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looking fine - afaik all pts are mined in the middle of the year (correct me if I am wrong), what happens to pts after that?
Bitshares-PTS (used to be called Protoshares) are not meant to be used as currency like Bitcoin. Instead they are meant to be "shares" of future businesses. So say you have 10 Bitshare-PTS you will have at least 10 shares in whatever new decentralized digital company is released in the future. It would be kind of like saying if you own 10 Bitcoins not only do you keep your Bitcoins but you also get 10 Litecoins 10 Mastercoins 10 Dogecoins etc. In other words your wealth just keeps increasing. Check out the forum and the bit shares.org website. |
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Hi, this is a very interesting idea and I highly encourage you (or anybody else) to attempt to code it up.
If I am understanding your idea correctly, this would be quite similar to ICBIT.se, the existing bitcoin futures exchange, which has been trading for some time. Originally you could deposit and withdraw both bitcoin and dollars there but they have since removed the option to transact in fiat directly. So now it's just bitcoin in and bitcoins out, trading on virtual dollars, much like your idea.
Of course the difference would be that yours would be decentralized, with no fees for the centralized owner to charge, and no third-party credit risk. Also, yours would be more like a "spot future" which would be continually settled, unlike the futures on ICBIT.se which settle every month.
I can think of no technical or commercial reason why this idea couldn't catch on and perhaps eventually become the de facto spot market for bitcoin/fiat ... with the following catch: other centralized exchanges dealing in btc/fiat that actually transact in fiat will still be necessary somewhere.
If someone has btc and needs dollars, or to buy something in dollars, your exchange can't help.
It already exists and it is called Bitshares by Invictus Innovations... |
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It should have launched a month ago and still as of today there is nothing' |
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