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Topic: Bitshares is DEAD (Read 5679 times)

legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
March 29, 2015, 05:30:03 PM
#74
Ya man, this is a truly sophisticated scam with professional grade deception and misdirection.

When an intelligent man crosses the street via the North Pole... all the alarms should go off..
Instead of building a trivial futures market to hedge Bitcoin... the Larimers build Frankenstein....
Because it's Frankenstien that transfers millions of $$$ from idiots to the Larimers, their insider buddies and the Chinese Communists.

And you wonder why I know Feds run this place.

The imminent flood of crypto ETFs complete with options markets will render hedging with Frankenstein moot....
And, personally, I don't see much difference between the soon-to-be-indicted Josh Garza and the Larimers.

Exactly.  I couldn't have said it better myself.
legendary
Activity: 2044
Merit: 1005
March 29, 2015, 05:02:22 PM
#73
There are many factors that affect price in the young and often illiquid crypto markets.  These include deliberate disinformation, rumors, speculation, outright manipulation and inexperienced investors making superficial decisions to buy and sell at all the wrong times based on what they see the herd doing.

This is all fine, but if you are investing, not gambling, then you will be most successful if you do your homework and thoroughly understand the leadership, developers, technology, businesses, and supporting community behind each investment.

Predicting where a rocket will be at sometime in the future does not have much to do with its current position.  The more derivatives you look at (velocity, acceleration, etc.) and the better understanding of outside forces (like thrust and drag and gravity and bugs on the windshield) you have, the better your prediction will be.

Market cap = position which is a imperfect lagging indicator reflecting what real and imaginary forces have acted on an asset in the past.  There is no substitute for doing your homework to understanding the forces that are currently acting on the asset you are considering.

Most amateur FUD is just bugs on the windshield.

Ya man, this is a truly sophisticated scam with professional grade deception and misdirection.

When an intelligent man crosses the street via the North Pole... all the alarms should go off..
Instead of building a trivial futures market to hedge Bitcoin... the Larimers build Frankenstein....
Because it's Frankenstien that transfers millions of $$$ from idiots to the Larimers and their insider buddies.

And you wonder why I know Feds run this place.

The imminent flood of crypto ETFs complete with options markets will render hedging with Frankenstein moot....
And, personally, I don't see much difference between the soon-to-be-indicted Josh Garza and the Larimers.

Too man drugs for you man
legendary
Activity: 1588
Merit: 1000
March 29, 2015, 04:08:33 PM
#72
There are many factors that affect price in the young and often illiquid crypto markets.  These include deliberate disinformation, rumors, speculation, outright manipulation and inexperienced investors making superficial decisions to buy and sell at all the wrong times based on what they see the herd doing.

This is all fine, but if you are investing, not gambling, then you will be most successful if you do your homework and thoroughly understand the leadership, developers, technology, businesses, and supporting community behind each investment.

Predicting where a rocket will be at sometime in the future does not have much to do with its current position.  The more derivatives you look at (velocity, acceleration, etc.) and the better understanding of outside forces (like thrust and drag and gravity and bugs on the windshield) you have, the better your prediction will be.

Market cap = position which is a imperfect lagging indicator reflecting what real and imaginary forces have acted on an asset in the past.  There is no substitute for doing your homework to understanding the forces that are currently acting on the asset you are considering.

Most amateur FUD is just bugs on the windshield.

Ya man, this is a truly sophisticated scam with professional grade deception and misdirection.

When an intelligent man crosses the street via the North Pole... all the alarms should go off..
Instead of building a trivial futures market to hedge Bitcoin... the Larimers build Frankenstein....
Because it's Frankenstien that transfers millions of $$$ from idiots to the Larimers and their insider buddies.

And you wonder why I know Feds run this place.

The imminent flood of crypto ETFs complete with options markets will render hedging with Frankenstein moot....
And, personally, I don't see much difference between the soon-to-be-indicted Josh Garza and the Larimers.
full member
Activity: 201
Merit: 100
March 28, 2015, 10:58:57 PM
#71
In this thread: the OP looks silly for thinking that a temporary bug which was fixed before the thread was even posted meant that a coin wit ha vibrant community is 'dead'.
hero member
Activity: 504
Merit: 504
March 28, 2015, 06:28:37 PM
#69
There are many factors that affect price in the young and often illiquid crypto markets.  These include deliberate disinformation, rumors, speculation, outright manipulation and inexperienced investors making superficial decisions to buy and sell at all the wrong times based on what they see the herd doing.

This is all fine, but if you are investing, not gambling, then you will be most successful if you do your homework and thoroughly understand the leadership, developers, technology, businesses, and supporting community behind each investment.

Predicting where a rocket will be at sometime in the future does not have much to do with its current position.  The more derivatives you look at (velocity, acceleration, etc.) and the better understanding of outside forces (like thrust and drag and gravity and bugs on the windshield) you have, the better your prediction will be.

Market cap = position which is a imperfect lagging indicator reflecting what real and imaginary forces have acted on an asset in the past.  There is no substitute for doing your homework to understanding the forces that are currently acting on the asset you are considering.

Most amateur FUD is just bugs on the windshield.

Knowledge and understanding are the ultimate proof of work.

hero member
Activity: 584
Merit: 500
March 28, 2015, 05:25:01 PM
#68
If you follow the github commits, you will see that the project is vibrant and having rapid development. In fact, it has accelerated which makes the sentiment surprising.

The price is poor but more often it behaves irrationally.
hero member
Activity: 574
Merit: 500
March 28, 2015, 03:35:20 PM
#67
I though you meant Santa.
legendary
Activity: 2142
Merit: 1010
Newbie
March 28, 2015, 03:34:25 PM
#66
Satana

English (I used Russian) variant of this name needs one "a" less, read it as "Satan".

PS: Satana, Satan, Stan... hm...
hero member
Activity: 821
Merit: 1000
March 28, 2015, 03:08:17 PM
#65
Let the Darwinian competition continue.

Darwin theory is wrong. This world has been existing for 7.5 kiloyears only. Bones of dinosaurs and other stuff was placed there by Satana to test us.

Sorry, I didn't resist the temptation to troll in a thread created by a troll.

Oh no the nightmares!
legendary
Activity: 2142
Merit: 1010
Newbie
March 28, 2015, 02:26:43 PM
#64
Let the Darwinian competition continue.

Darwin theory is wrong. This world has been existing for 7.5 kiloyears only. Bones of dinosaurs and other stuff was placed there by Satana to test us.

Sorry, I didn't resist the temptation to troll in a thread created by a troll.
hero member
Activity: 504
Merit: 504
March 28, 2015, 11:26:35 AM
#63

BitShares supporters who cared enough to show us where they live...



legendary
Activity: 3066
Merit: 1188
March 27, 2015, 09:38:42 PM
#61

I just discovered this thread.

Bitshares is not 'dead'. It is in fact one of the most perfect creations of crypto.

If anyone can come up with a better financial model for a crypto peg then post it before posting crap like "bitshares is dead".

hero member
Activity: 504
Merit: 504
March 27, 2015, 03:00:04 PM
#60
Exactly.

Let the Darwinian competition continue.

This is a marathon where the runners grow more conditioned as the race progresses.

The quality and features of MS-DOS at one point in time is not the relevant factor.

You need to consider the first and second derivatives.
hero member
Activity: 658
Merit: 501
March 27, 2015, 02:59:15 PM
#59
The competition is no longer about mindshare of the cyrpto-tribe enthusiasts.  Market cap is a lagging indicator.

The competition is for a piece of the real world - like a piece of trillion dollar global financial sector or music industry or gaming industry or...

We haven't even started marketing BitShares to its target customers yet.

You need to think BIGGER, Pinky.   Smiley

You don't think that others are not marketing to those same demographics as well? Bitcoin has had over 669 million in venture capital flowing into businesses with attempts to push bitcoin into the mainstream.

To be fair, Bitshares may simultaneously lose mindshare and grow in value at the same time as the cryptocurrency marketplace is still very immature. This isn't happening now but bitshares could make some changes in the way it markets itself and is managed and reverse this negative trend. Thus far I still don't see it with the repeated analogies of investing in a business .
legendary
Activity: 2044
Merit: 1005
March 27, 2015, 02:55:56 PM
#58
What I meant was competition to the model of bit fiat pegs and pay for work through delegates...

You are essentially describing
 nubits relationship to Nushares
Bitcoins relationship to tether

There will be many more pegs in the future so that is nothing unique. Your idea of not suggesting their exists competition is by narrowing the field so you are referring to a specific algo only.  Investors and users don't think that way . They invest and use a currency that fulfills a purpose for them.

As of today id say investing and using a currency outside of bitcoin are two different things and yes id say nubits and tether are no competition to bit fiat pegs in the long run but thats my assumption and time will tell..

nubits and tether and any other fiat peg implementations other than bitshares all have a central point of failure unless they deal with prediction markets which we know have other issues and probably won't work for a pegged asset
hero member
Activity: 658
Merit: 501
March 27, 2015, 02:51:57 PM
#57
What I meant was competition to the model of bit fiat pegs and pay for work through delegates...

You are essentially describing
 nubits relationship to Nushares
Bitcoins relationship to tether

There will be many more pegs in the future so that is nothing unique. Your idea of not suggesting their exists competition is by narrowing the field so you are referring to a specific algo only.  Investors and users don't think that way . They invest and use a currency that fulfills a purpose for them.
hero member
Activity: 504
Merit: 504
March 27, 2015, 02:43:04 PM
#56
The competition is no longer about mindshare of the crypto-tribe enthusiasts.  
That's just where you go to attract early adopters and startup capital.
Market cap is a lagging indicator.

The important competition is for a piece of the real world - like a piece of trillion dollar global financial sector or music industry or gaming industry or...

We haven't even started marketing BitShares to its target customers yet.  That must wait till we've applied some spit and polish to the end user interface.

You need to think BIGGER, Pinky.   Smiley


legendary
Activity: 2044
Merit: 1005
March 27, 2015, 02:37:10 PM
#55
the fact is there really is no competition

This is a very dangerous belief to have. Competition is great and does indeed exist even for bitcoin. Dash just overtook Bitshares in market cap and NXT is still fiercely competetive. I can almost guarantee that ethereum will almost instantly overtake bitshares and other gambles like maidsafecoin and counterparty could easily overtake bitshares in a year. This isn't even accounting for the blackswan coins that one doesn't expect either. There is plenty of competition and bitshares is struggling to remain relevant.

Even bitcoin is struggling to survive and be relevant. To not have this mindset shows you don't understand the challenges we all face as a community and the real threats at our doorstep.  

What I meant was competition to the model of bit fiat pegs and pay for work through delegates... i know other coins offer cool tech that bitshares doesn't have and some have enough going to sustain high market caps.. while others are on a pump but i see that there are good projects out there... i meant competition in a very narrow focused field.. not generally.
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