BitShares? interesting ! bullish - page 3.

instacalm

hero member

Activity: 798

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Quote from: tacotime on August 25, 2014, 11:43:08 AM

...so, is BitShares still using the same asset pegging scheme as described in this thread?
https://bitcointalksearch.org/topic/pirate-v20-unravelling-the-bitshares-ponzi-298677

http://wiki.bitshares.org/index.php/Market_Peg

Discussions: https://bitsharestalk.org/index.php?board=5.0

tacotime

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...so, is BitShares still using the same asset pegging scheme as described in this thread?

https://bitcointalksearch.org/topic/pirate-v20-unravelling-the-bitshares-ponzi-298677

megashira1

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Quote from: sportscliche on August 25, 2014, 11:28:40 AM

Quote from: Leina on August 25, 2014, 11:09:47 AM

BitShares went up close to 40% today alone. They must be doing something right or have someone with deep pocket to support it.

According to coinmarketcap.com, more than 80% of the recent trading volume has been in CNY, ie. Chinese currency. And 98% of the total trading volume (CNY + BTC) is on two exchanges located in China. Decide for yourself what this means, if anything.

Quote

The points you listed above, are they the only characteristics of bitshares coin?

The threads I linked above concern the concept known as BitsharesX and have no relevance for other altcoins.

I want to emphasize that I am not claiming BitsharesX won't work. Only that it is an unproven concept that could have (should have?) been proven decades ago without blockchain technology.

Dont understand why fresh fiat into crypto is an issue? Huh

instacalm

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Activity: 798

Merit: 500

Quote from: sportscliche on August 25, 2014, 11:28:40 AM

According to coinmarketcap.com, more than 80% of the recent trading volume has been in CNY, ie. Chinese currency. And 98% of the total trading volume (CNY + BTC) is on two exchanges located in China. Decide for yourself what this means, if anything.

[i3nikolai 6 points 13 hours ago]
bitshares has always been 70% china volume, back when only PTS was launched. Eastern market team has been significantly better up until only a few weeks ago. Many of the biggest players in the chinese crypto space (their analogue of andreas and voorheeves) have been big supporters all along. Heck, technically BTSX was launched by a chinese company.
Of course I'm not claiming it's definitely not a bubble, just that chinese volume is not necessarily an indicator that it is.

sportscliche

newbie

Activity: 56

Merit: 0

Quote from: Leina on August 25, 2014, 11:09:47 AM

BitShares went up close to 40% today alone. They must be doing something right or have someone with deep pocket to support it.

According to coinmarketcap.com, more than 80% of the recent trading volume has been in CNY, ie. Chinese currency. And 98% of the total trading volume (CNY + BTC) is on two exchanges located in China. Decide for yourself what this means, if anything.

Quote

The points you listed above, are they the only characteristics of bitshares coin?

The threads I linked above concern the concept known as BitsharesX and have no relevance for other altcoins.

I want to emphasize that I am not claiming BitsharesX won't work. Only that it is an unproven concept that could have (should have?) been proven decades ago without blockchain technology.

Leina

full member

Activity: 152

Merit: 100

Quote from: sportscliche on August 25, 2014, 10:19:56 AM

Anyone contemplating an investment here simply must understand that BitsharesX is an experiment. A highly speculative experiment. Attaining a price peg using a prediction market with no threat of delivery or contract expiration date has never been successfully implemented before. A blockchain is NOT required to set it up, so it could have been tried and tested anytime in the past 50 years on a centralized exchange. The concept was discussed on these forums about a year ago and I'd advise potential investors to read through these posts carefully. Convince yourself you understand how it is supposed to work before pulling the trigger. There's a lot out there; here's a start:

https://bitcointalksearch.org/topic/m.3282870
https://bitcointalksearch.org/topic/m.4621908
https://bitcointalksearch.org/topic/m.3610353

BitShares went up close to 40% today alone. They must be doing something right or have someone with deep pocket to support it.

The points you listed above, are they the only characteristics of bitshares coin?

sportscliche

newbie

Activity: 56

Merit: 0

Anyone contemplating an investment here simply must understand that BitsharesX is an experiment. A highly speculative experiment. Attaining a price peg using a prediction market with no threat of delivery or contract expiration date has never been successfully implemented before. A blockchain is NOT required to set it up, so it could have been tried and tested anytime in the past 50 years on a centralized exchange. The concept was discussed on these forums about a year ago and I'd advise potential investors to read through these posts carefully. Convince yourself you understand how it is supposed to work before pulling the trigger. There's a lot out there; here's a start:

https://bitcointalksearch.org/topic/m.3282870
https://bitcointalksearch.org/topic/m.4621908
https://bitcointalksearch.org/topic/m.3610353

Spoetnik

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FUD Philanthropist™

Quote from: brekyrself on August 21, 2014, 03:55:29 PM

Quote from: Spoetnik on August 21, 2014, 01:45:31 AM

obvious IPO on coin from known scammer is obvious.. Memory Coin guy who made Bitshares has the most scammy coin ever released !

People must be right, your a paid troll and incorrect yet again.

FreeTrade helped launch the Protoshare's qt client, he did not design ProtoShares or BitShares.

On second note, FreeTrade has also done more then you could ever dream of.

my comment was rock solid a thousand feet thick of concrete solid and i called it on day one !
i have made 100 fucking topics on this cunt scammer and went on and on and on and on with walls of text about it..
you idiots are retards and want to wear me out and hey congrats it's working..
i think of a wall of text to say and you guys say,
"no your a lair and a troll"
takes two seconds to say that and me an hour to type it up.. not too fair.

the fucking faggot FreeTrade is the most clever scammer in all of crypto.
one of his many coins is MemoryCoin and that was hands down the most complicated scam.. evil genius style lol

i called that fucker out last year when he released PTS and he deleted my comments called me a troll and played diversion games.
and then from there when i cornered him he just started lying his ass off..

i can lay it all out and go "show my work" so to speak but why bother ?
your all idiots and i have watched him play your ass's like a violin for ages
..morons Roll Eyes

brekyrself

hero member

Activity: 547

Merit: 502

Quote from: Spoetnik on August 21, 2014, 01:45:31 AM

obvious IPO on coin from known scammer is obvious.. Memory Coin guy who made Bitshares has the most scammy coin ever released !

People must be right, your a paid troll and incorrect yet again.

FreeTrade helped launch the Protoshare's qt client, he did not design ProtoShares or BitShares.

On second note, FreeTrade has also done more then you could ever dream of.

themasknetwork

sr. member

Activity: 246

Merit: 250

MaskNetwork lead developer

Quote from: BitcoiNaked on July 06, 2014, 07:14:58 AM

Biggest troll on Bitcointalk is advising people to get in, smh

90% of what he posts is plain BS, but this time he was right...big time.

CoinHoarder

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Activity: 1484

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In Cryptocoins I Trust

Quote from: Lauda on August 21, 2014, 07:42:40 AM

Quote from: CoinHoarder on August 17, 2014, 10:18:58 PM

So because you sold your PTS it == IPO. K, got it. Wink

He had a point.. There were other ways to get in rather than sending Bitcoins/Protoshares to the AGS fund. Just because you didn't hold onto your PTS it doesn't mean Bitshares was purely an IPO.

Anyways.. The assumption that all IPO coins are a scam is a fallacy spread by people uneducated on the subject. Sure, some IPOs are certainly scams, but it doesn't mean all of them are. What people are doing is stereotyping when they make such statements. It's like when people say all Americans are idiots, or that all Rottweilers are vicious animals.

When exactly did I state this? I sold it for much more than you can get now or that you will get in the future. The tittle here says it's an IPO and so do many others so the supporters are claiming this as well.
Another funny thing in this thread is that the tittle isn't even spelled correctly and he's talking about smart people getting in.

That wasn't the point. You are calling it an IPO when you could of mined Protoshares and just held onto them, instead you sold them. That way you would own part of BitshareSX, etcetera. Instead you sold your mined Protoshares and call Bitshares an IPO... It is kind of hypocritical because you could of mined and held Protoshares to get part of Bitshares DACs. Even though you sold PTS higher than it is now, I'd venture to say you would have made more in the long run by holding onto your PTS and taking part in the snapshots.

BitshareSX is on a pretty sick uptrend at the moment. I guess comefromabove sold all of his BitshareSX/Protoshares like the pump and dumper he is. That is why he changed the title of this thread. I think the joke is on him though.. Once bit assets come out price is going through the roof IMO.

Anyways.. Let's not bump this thread anymore, since comefrombabove changed the title to something completely different.

Edit: He changed the title back to its original title... I guess he bought back in.

Lauda

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Activity: 2674

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Terminated.

Quote from: CoinHoarder on August 17, 2014, 10:18:58 PM

So because you sold your PTS it == IPO. K, got it. Wink

He had a point.. There were other ways to get in rather than sending Bitcoins/Protoshares to the AGS fund. Just because you didn't hold onto your PTS it doesn't mean Bitshares was purely an IPO.

Anyways.. The assumption that all IPO coins are a scam is a fallacy spread by people uneducated on the subject. Sure, some IPOs are certainly scams, but it doesn't mean all of them are. What people are doing is stereotyping when they make such statements. It's like when people say all Americans are idiots, or that all Rottweilers are vicious animals.

When exactly did I state this? I sold it for much more than you can get now or that you will get in the future. The tittle here says it's an IPO and so do many others so the supporters are claiming this as well.
Another funny thing in this thread is that the tittle isn't even spelled correctly and he's talking about smart people getting in.

vlight

hero member

Activity: 656

Merit: 500

Quote from: nikola384 on August 21, 2014, 02:13:00 AM

Quote from: Spoetnik on August 21, 2014, 01:45:31 AM

obvious IPO on coin from known scammer is obvious.. Memory Coin guy who made Bitshares has the most scammy coin ever released !

I often think God is the truly sadistic creator. Putting us so close to the truth and yet not giving us the eyes to see it.

lol, so funny and sad, yet true

mavromixalakis

full member

Activity: 135

Merit: 100

Bitshares has not yet even started yet... give it 1 month and you will easily see it on the 2nd place...

nikola384

member

Activity: 76

Merit: 10

Quote from: Spoetnik on August 21, 2014, 01:45:31 AM

obvious IPO on coin from known scammer is obvious.. Memory Coin guy who made Bitshares has the most scammy coin ever released !

I often think God is the truly sadistic creator. Putting us so close to the truth and yet not giving us the eyes to see it.

testz

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Activity: 1764

Merit: 1018

Quote from: Spoetnik on August 21, 2014, 01:45:31 AM

obvious IPO on coin from known scammer is obvious.. Memory Coin guy who made Bitshares has the most scammy coin ever released !

Probably you don't have enough information if you make such assumptions.
You can easily check https://github.com/BitShares and found who made what.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

obvious IPO on coin from known scammer is obvious.. Memory Coin guy who made Bitshares has the most scammy coin ever released !

testz

legendary

Activity: 1764

Merit: 1018

Quote from: mbaeichapareiko on August 18, 2014, 03:40:38 AM

Ok, Smart people behind this project, I'm in with a small investment btsx to try out.

Is anyone with a bitshares wallet having any problem syncing their wallets? The block chain is 20 days behind and will not sync. Maybe I need to reinstall wallet?

Check if you have 0.3.0 version https://github.com/dacsunlimited/bitsharesx/releases/tag/0.3.0
Check if you have correct time and timezone at your computer.
Be ready to version 0.4.x which will be published today or tomorrow https://github.com/dacsunlimited/bitsharesx/releases

Quote from: mbaeichapareiko on August 18, 2014, 03:40:38 AM

Also regarding PTS, should we still invest? pros. cons. dac dns sounds interesting, as well as music.

If you are interesting about shares in new DAC - probably you should invest.

vlight

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Activity: 656

Merit: 500

Quote from: mbaeichapareiko on August 18, 2014, 03:40:38 AM

Is anyone with a bitshares wallet having any problem syncing their wallets? The block chain is 20 days behind and will not sync. Maybe I need to reinstall wallet?

I sync the wallet almost daily and never had any problems. And there are always more than 5 connections.

mbaeichapareiko

member

Activity: 101

Merit: 10

Ok, Smart people behind this project, I'm in with a small investment btsx to try out.

Is anyone with a bitshares wallet having any problem syncing their wallets? The block chain is 20 days behind and will not sync. Maybe I need to reinstall wallet?

Also regarding PTS, should we still invest? pros. cons. dac dns sounds interesting, as well as music.

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