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CLains (OP)
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May 05, 2014, 07:54:41 PM |
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Daniel Larimer of Bitshares explains how cryptocurrencies can be viewed as shares in Distributed Autonomous Companies (DACs). https://www.youtube.com/watch?v=7mwmlJICyRABy this logic of viewing cryptocurrencies as shares in a company, Bitcoin (the company) spends hundreds of millions of dollars a year just to pay their employees (miners) for security, and gives no voting rights or dividends to normal shareholders (the holders and users of the bitcoin currency). |
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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sumantso
Legendary
 Offline
Activity: 1050
Merit: 1000
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May 06, 2014, 10:08:02 AM |
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You can get a stake in all future Invictus DACs by buying PTS or donating for AGS (look at bitshares.org). Yeah, its a plug, but I remember being unhappy having missed the NXT IPO (and have been panning it ever since  ) and I don't want others to have this excuse when it comes to Bitshares. |
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From Above
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June 25, 2014, 11:43:57 AM
Last edit: July 06, 2014, 12:01:22 PM by Come-from-Above |
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im going to invest
~CfA~
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FandangledGizmo
Legendary
Offline
Activity: 1138
Merit: 1001
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June 25, 2014, 01:47:56 PM |
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i dont wanna be a shareholder of this hoax
~CfA~
Me too! These guys are having a laugh! So what if they're releasing a bunch of awesome stuff all at once for DAC's that are actually profitable, I'm with you, Bitshares is crazy loco Esse  I'm just going to cross my fingers and hope some Bitcoin/NXT clone with one arbitrary innovation is somehow going to make me rich instead... |
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digitalindustry
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July 06, 2014, 11:48:00 AM |
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Just watching this - and suggested people watch it on our Reddit -
Just a point Dan
that's not how a bank works (jn the west) - you are talking about "full reserve Ratio" banking - but that's not super important.
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- Twitter @Kolin_Quark
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From Above
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July 06, 2014, 12:02:10 PM |
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Just watching this - and suggested people watch it on our Reddit -
Just a point Dan
that's not how a bank works (jn the west) - you are talking about "full reserve Ratio" banking - but that's not super important.
so u like Bitshares DPoS as well? me too looks very promising. i also like the bitshares ag IPO, im definitely sending a couple btc their way. ~CfA~ |
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digitalindustry
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July 06, 2014, 12:07:41 PM |
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Just watching this - and suggested people watch it on our Reddit -
Just a point Dan
that's not how a bank works (jn the west) - you are talking about "full reserve Ratio" banking - but that's not super important.
so u like Bitshares DPoS as well? me too looks very promising. ~CfA~ i haven't looked into it - I think the space generally can be simplified, but i think Dan has some good ideas. |
- Twitter @Kolin_Quark
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From Above
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July 06, 2014, 12:09:28 PM |
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Just watching this - and suggested people watch it on our Reddit -
Just a point Dan
that's not how a bank works (jn the west) - you are talking about "full reserve Ratio" banking - but that's not super important.
so u like Bitshares DPoS as well? me too looks very promising. ~CfA~ i haven't looked into it - I think the space generally can be simplified, but i think Dan has some good ideas. are u gonna invest in the IPO too? it looks great so far! over 5430 BTC and 391666 PTS already  http://www1.agsexplorer.com/awesome! to the moon and beyond ! ~CfA~ |
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CLains (OP)
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July 06, 2014, 09:36:34 PM |
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That is a lot of money actually. Especially when you consider that Bitcoin is going to 6000$ within 60 days, and PTS is going to 20 dollars.  |
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xeroc
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July 08, 2014, 06:45:29 AM |
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By the way:
BTSX are now traded on bter and btc38 ..
note: those btsx are real although the official blockchain was not yet released ..
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liondani
Member
Offline
Activity: 97
Merit: 10
Inch by Inch,Play by Play
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July 11, 2014, 01:07:32 AM |
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By the way:
BTSX are now traded on bter and btc38 ..
note: those btsx are real although the official blockchain was not yet released ..
Market Cap at $20 Millions (6 place !) already ! |
Inch by Inch, Play by Play
Bitrated user: liondani.
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clout
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July 11, 2014, 02:37:58 AM |
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By the way:
BTSX are now traded on bter and btc38 ..
note: those btsx are real although the official blockchain was not yet released ..
Market Cap at $20 Millions (6 place !) already ! Its sooo cheap! |
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mavromixalakis
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July 16, 2014, 04:19:13 PM |
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Its sooo cheap! Not for long... |
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