Topic: Bitshares is DEAD - page 3. (Read 5679 times)

It took me two conversations with Stan to realise this, so a year rly!  Glutton for punishment   nah, it's cool though. I have a video you can play in the background that makes Stans posts really entertaining. Just let me know.

The trouble with sharing your team's real time strategic thoughts, aspirations, hopes and dreams is that it ultimately results in posts like this.
That's why we don't do that so much any more. 

Got roundly criticized for that decision too!  .

I have heard enough over the past year to not take your statement at face value. If I started making a list of the overpromises and non-delivery, it would make for an utterly depressing read.

For our own sake I hope you're not bluffing this time.

Well, I have to hand it to you: you're irrepressible.

Actually, to have much of a hope of getting elected, our hundreds of delegate candidates need to disclose their real identities and develop a public reputation.  There are rare exceptions and we respect honorable men and women whose sustained positive contributions make the community willing to overlook their desires to stay out of the lime light.

 

Now these are the kinds of constructive comments that are actually helpful.

Our new marketing advisors have started to emphasize more testing of ads and A/B comparisons to learn what people like and don't like about our promotional materials.

What one group thinks is awesome, another thinks is off-putting, so, ideally, you want to do things differently for each culture and demographic you are reaching out to.  This, of course, increases the costs exponentially.

Tailored and vetted marketing is something we want to do as much as we can afford to do.  Hopefully we will get better at it as we grow and have more resources to put into it.

To get to that level of marketing resources faster, we would have had to sell off a big chunk of the equity to VC investors rather than giving it away in sharedrops.  Whatever goes into marketing comes out of development which is where our emphasis necessarily had to be while we were breaking all that new ground.

You get to watch it develop out in the open where you have the option to get in on the ground floor - before it is perfect and polished.  Most startups never give investors that kind of insight.

The good news is, far-sighted people who can see past our ham-fisted marketing have an early adopter advantage over those who can't.

We think that's how it should be.

No need for apologies, marketing sucks - to put it bluntly. Not to mention the millions of BTS's sunk into it, and it is no wonder it is struggling.

Sadly, while I am a holder, primarily as I think they are doing the right thing and liked BM's vision, I quite think this particular BTS is going to fail. There will be other teams who will take up the readymade code and do it better, and I am hoping they will sharedrop on us.

I have to admit I've found the Bitshares marketing to be off putting. Specifically these things stick in my mind:

1. "Your own personal Fort Knox."
2. "Safer than a Swiss bank account."

and especially:

3. The video that sounds something like "what if I told you blah blah *bunch of claims* blah blah... well...Now you can!".

Apologies to Stan or whoever is/was responsible for these specific marketing efforts, but they really made me cringe. And I don't have any negative bias towards Bitshares at all. I'm interested in following the progress of the project.

That's an interesting comment seeing that you removed everyone's name off your website.

I've stopped relying on coinmarketcap to check the health of the peg... it is frequently way off from the actual price for some reason.

Haters gonna hate. I'm looking at you DecentralizeEconomics. Just because you don't want to hold any bitUSD doesn't mean others won't see the value in it buddy.

Heh, I remember as a kid hearing my mother hum the jingle to this famous ad as she did the laundry:



Funny, I don't remember her ever telling my dad that

1.  "The tensile strength of this soap powder far exceeds that of dirt."
2.  "This detergent's oder is far more powerful than the smell of your work socks."
3.  "Did you know that Ajax can do the same thing as Atlas -- without shrugging?"

So, from nearly sixty years of training in front of the old boob tube, I've become an expert a recognizing the purpose of a good advertising slogan.

If you can get people to ask, "Oh really?  In what way exactly is Ajax stronger than dirt?", then you have solved half the marketing battle.

So, if we can get the ordinary, non-crypto-aware consumer to ask a similar question, "Oh really, In what way exactly is BitShares safer than a Swiss Bank?" than we will have done our marketing job.

So, I would appreciate it if you would continue to complain everywhere you can about my favorite marketing slogan.  I'd like to see everyone's mother humming that jingle on the way to collect her yield on her unconfiscatable, unrehypothicatable, un-bail-in-able, uninflatable and unbetrayable savings.

good post for weak hands that not use the great bitshares wallet producing panic selling

and good for each ones that wanna buy cheap BTS while we can.

congrats

Some people have a hard time grasping the concept of the market pegs.  They will see a 3rd party exchange, such as bter, trading BitAssets that are no where near the true peg price and think something is broken.

You simply need to open the bitshares client and trade on the decentralized exchange to see the markets are working just fine.  Some people's "extensive" due diligence is browsing coinmarketcap.com  

There I was referring to the price of your fraudulent "bitAssets" which are really derivatives contracts, but which Bitshares(TM), the company, insists on tricking people into believing that they're actual "assets".


There I was referring to the "shares which are worth only pennies" released by Bitshares(TM), the company, which according to Stan Larimer, the head of operations at Bitshares(TM), the company, give shareholders the power to elect delegates which are just like directors on the board of a company.


Imo, it's a scam because they are intentionally trying to convince people their derivatives contracts are better than their real, physical counterparts and I quote, "Safer than a Swiss bank account".  The mass majority of individuals are not savvy enough to know that "bitAssets" are really derivatives and they will lose money from it.  Imo, Dan, Stan, and the whole Bitshares(TM), the company, team know this and are using people's lack of knowledge against them to make a quick buck at their expense.  Imo, this is highly unethical and against everything crypto is supposed to represent.  The good thing is that no matter what I or anybody else does Bitshares will blow itself up and that will stop it from hurting other people.

can someone explain why this was an issue to bitshares? people were able to sell bitUSD for cheaper?

OP stop being butt hurt for no reason.. you can buy bitshares cheaper than anytime before and you wont regret it. It's absolutely going to be one of the few at the top of the market caps in a few years. I'm going to do as much as I can do help with that in terms of software development myself.. as many others are..

Oh really?  So when you made the following post:

You weren't talking about the price of bitassets?

Might I note that bitUSD is once again within 1% of $1.00 again, now that things are fixed. 

Bitshares is in a downtrend, thats obvious.  Please show me a crypto thats never had a downtrend.  So many people seem to think that if a crypto goes down, then 'its a scam'.  Is bitcoin a scam because it went from $30 to $2, or from $1200 to $150? 

It seems that to some people if a developer gets any benefit at all out of creating a cryptocurrency, then "its a scam".  What did Bytemaster get out of creating Bitshares?  A salary for the past year that is less than what someone of his talent could get working at a software company?  How does that make it a scam?  If the devs wanted the money they would have taken stable gobs at google instead of inventing bitshares. 


It is true that it some other coins, devs work for free and get no compensation.  This is not a sustainable situation.  One should not have to starve to death or be independently wealthy in order to work on developing this new technology sector.

I was referring to the price of BTS not your fraudulent "bitAssets".

I remember bitcoin too going down and down... to less than $3 and some people like you claiming all the time how "smart" and "wisely" they acted by selling at $3 $4 $7 $10 $20 lying and fooling to themselves that bitcoin was dead...

you know what happened next!