BitsharesX is taking Litecoin and Bitcoin down - page 11.

Lauda

legendary

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Terminated.

Quote from: jae480 on August 25, 2014, 06:18:34 PM

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

Well I took some time looking at it and I've gotten nowhere.
Don't you have a website or some guide to read everything from the start?
DAC Delegates?
Could you help me out by pointing me to the right page, I'm running in circles in the forum.

instacalm

hero member

Activity: 798

Merit: 500

Quote from: TaunSew on August 25, 2014, 06:31:34 PM

This innovation stuff is all pump rhetoric.

Right you are, IF you're talking about the "coins" you're surrounded with here.

From Above

hero member

Activity: 700

Merit: 520

Quote from: Lauda on August 25, 2014, 06:11:30 PM

Yet it seems like many members do not take it seriously or hate it.

like dark coin the scam shit coin eehh?? Cheesy

i see a connection here lauda bitch Grin

~CfA~

TaunSew

hero member

Activity: 756

Merit: 506

This innovation stuff is all pump rhetoric. Adding in bells and whistles doesn't accomplish much in these anonymity and asset arm races as you'll be outdone. Some months down the road NXT may outdo Bitshares' asset system or some upcoming alternate will do it.

Innovation is not a proprietary thing in cryptos unless people recognize patents and they have the means to enforce them, which they never will as long as developers can remain anonymous or reside in countries untouched by intellectual law.

jae480

member

Activity: 81

Merit: 10

Quote from: DooMAD on August 25, 2014, 06:24:47 PM

Quote from: jae480 on August 25, 2014, 05:33:00 PM

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.

From Above

hero member

Activity: 700

Merit: 520

Quote from: instacalm on August 25, 2014, 06:15:28 PM

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

Quote from: instacalm on August 25, 2014, 06:25:32 PM

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~

instacalm

hero member

Activity: 798

Merit: 500

Quote from: TaunSew on August 25, 2014, 06:24:12 PM

Chinese volume was never 99% of Bitcoin.

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.

Quote from: DooMAD on August 25, 2014, 06:24:47 PM

Bitcoin isn't going anywhere for all the time it's still the primary gateway for purchasing alts.

Agree

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

Quote from: jae480 on August 25, 2014, 05:33:00 PM

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.

TaunSew

hero member

Activity: 756

Merit: 506

Quote from: instacalm on August 25, 2014, 06:15:28 PM

lol at those people comparing Quark, Megacoin and Randomcoin123 with BitShares Grin

Where are the brains? When will you stop vigorously fighting against actual innovation guys and gals?

Brainless Bitcoin-clone moneymaking until the end of time, is that the ~~new~~ agenda here?

Quote from: Lauda on August 25, 2014, 06:11:30 PM

Don't get me wrong, just trying to inform myself. I hate the fact that all of the volume is from China!

Lauda, do you know why Bitcoin rised to its value of several hundred dollars?

Quote from: Lauda on August 25, 2014, 06:11:30 PM

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?

"Centralised development" are empty words in this case as BitShares has Github repositories for anyone to contribute to, just like Bitcoin... or your favourite Darkcoin. The reason it is booming is its innovation. Please feel free to research BitUSD, it's neat.

Chinese volume was never 99% of Bitcoin. IIRC back then it was never a majority. Even today it's only at 40%.

I'm convinced without Chinese volume Bitcoin would still be $100s. There were other factors in the boom. Like the Silkroad fiasco removed over 1million Bitcoins from the volume and that resulted in a huge deflationary effect. There were also allegations that MtGox bots were pumping. Bitcoin was partially legitimized through the Winklevoss twins. Services like BitPay were emerging. There's were technically a lot of little things adding up.

fairlay

sr. member

Activity: 443

Merit: 250

Quote from: jae480 on August 25, 2014, 05:33:00 PM

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?

So far all predictions on this topic where placed ON Litecoin and AGAINST Bitshares. https://www.fairlay.com/event/category/bitcoin/bitshares-x/ Even though the proposal for this event came from the Bitshare community https://bitsharestalk.org/index.php?topic=7362.0

jae480

member

Activity: 81

Merit: 10

Quote from: Lauda on August 25, 2014, 06:11:30 PM

Quote from: iCEBREAKER on August 25, 2014, 06:08:24 PM

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

instacalm

hero member

Activity: 798

Merit: 500

those of you comparing Quark, Megacoin and Randomcoin123 with BitShares... Grin

Where are the brains? When will you stop vigorously fighting against actual innovation, guys and gals?

Brainless Bitcoin-clone moneymaking until the end of time, is that the ~~new~~ agenda here?

Quote from: Lauda on August 25, 2014, 06:11:30 PM

Don't get me wrong, just trying to inform myself. I hate the fact that all of the volume is from China!

Lauda, do you know how Bitcoin grew to its value of several hundred dollars?

Quote from: Lauda on August 25, 2014, 06:11:30 PM

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?

"Centralised development" are empty words in this case as BitShares has Github repositories for anyone to contribute to, just like Bitcoin... or your favourite Darkcoin. The reason it is booming is its innovation PLUS massive influx of investment. Please feel free to research BitUSD, features like these are moving "crypto" forward beyond this insignificant and messed field of altcoin cloning.

Look ahead!

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: iCEBREAKER on August 25, 2014, 06:08:24 PM

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!

CLains

sr. member

Activity: 256

Merit: 250

Quark and Mega and all that was in the middle of the Bitcoin hype bubble cycle..

Now it's deadly quiet and BitShares is rocketing just because of its features and potential. There has been very little marketing, very little evangelizing, and as far as the media goes, they don't seem to have picked up on the whole crypto 2.0 idea yet.

Ethereum, BitShares, NXT, eMunie, etc. are in a race to make compelling 2.0 crypto products to the whole world, and soon people will start to notice and the media will use it to spice up the Bitcoin news-cycle narrative.

We all know it's going to happen, it's just a question of when.

And when it happens it will not matter how high NXT or BitShares or Ethereum is, they will all go 10x from where they are.

jae480

member

Activity: 81

Merit: 10

Quote from: TaunSew on August 25, 2014, 06:00:07 PM

Quote from: jae480 on August 25, 2014, 05:57:00 PM

Quote from: Tomatocage on August 25, 2014, 05:50:35 PM

Quote from: CoinHoarder on August 25, 2014, 05:44:15 PM

Litecoin 24 hour volume: $3,808,460 < BitsharesX 24 volume: $3,905,960

Sorry to hear that BitshareX is officially dead too then Embarrassed

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.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: iampingu on August 25, 2014, 05:33:37 PM

lol joke thread

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.

brekyrself

hero member

Activity: 547

Merit: 502

Quote from: TaunSew on August 25, 2014, 06:00:07 PM

Quote from: jae480 on August 25, 2014, 05:57:00 PM

Quote from: Tomatocage on August 25, 2014, 05:50:35 PM

Quote from: CoinHoarder on August 25, 2014, 05:44:15 PM

Litecoin 24 hour volume: $3,808,460 < BitsharesX 24 volume: $3,905,960

Sorry to hear that BitshareX is officially dead too then Embarrassed

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.

Your claiming private funds on in China for the up tick? Again, read a few posts back, can you back up something against BTSX besides your bias?

If there is something technically wrong lets discuss it.

jae480

member

Activity: 81

Merit: 10

Quote from: Lauda on August 25, 2014, 05:57:15 PM

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?

TaunSew

hero member

Activity: 756

Merit: 506

Quote from: jae480 on August 25, 2014, 05:57:00 PM

Quote from: Tomatocage on August 25, 2014, 05:50:35 PM

Quote from: CoinHoarder on August 25, 2014, 05:44:15 PM

Litecoin 24 hour volume: $3,808,460 < BitsharesX 24 volume: $3,905,960

Sorry to hear that BitshareX is officially dead too then Embarrassed

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.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

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.

Topic: BitsharesX is taking Litecoin and Bitcoin down - page 11. (Read 14043 times)