Topic: What did theymos do with 200K? (Read 10982 times)

I don't think it matters much how great or how banal the software ends up being no one of any import uses this place anymore. I myself only come here to troll and fuck with people. If I truly want to learn something new that's happening to Bitcoin I either go to Goat's forum or Reddit. Even you don't come here anymore.

To quote your first post after a three month absence:

There are businesses that have a valuation of multi-billions based on their website software. How much do you think Facebook, Google, Yahoo, or Twitter would be worth if they weren't spending tens to hundreds of millions on development costs per year?

These companies also contribute open source back to the world. Look at the Bootstrap framework (Twitter), Apache Storm (Twitter), Hadoop (Yahoo), Go language (Google), MapReduce (Google), React (Facebook). The mentioned software components are all merely components of a "site", and all have an incredibly large price tag if you look at the developer hours. Imagine the future where the go-to open-source forum software for the web was paid for with Bitcoin, and beat every commercial offering out there.

This is programming, it is not simply a web site just because you are looking at it in your browser. You might also ask yourself why it would cost over $1.5 million to make a word processor, but for Microsoft, that's a billion dollar business.

I was at a Fortune 500 company that decided to outsource a scheduling & timecard budget system. Of course done in India, and they decided to abort it after half a million had been spent. Qualified developers that can see a project through cost more than Indians who program like they read tech support scripts.

I think everybody should just be quiet with their opinions about the web site software anyway. The forum is not run by committee, is not beholden to anyone to be anything other than what it is when it is, and the operator is spending its money on operating and improving the site, the original purpose of donations.

The amount of $150,000 is a lot of money for a lot of people even over two years.

If it isn't a lot for you please send me a days worth (about 0.8 BTC) to 1H3p46n45ZrzY27rNznzGWvQjefYXHgLsC.

sdp

10 persons? AFAIK they are just 4 developers and they were supposed to complete the job in 1 year - so you could bet they will charge more for a 2 years job.

Furthermore, could anyone show us a track record for Slickage? Any previous work done by its founders?

You should split those 1'500'000 dollars to all the slickage team (~10 person) and you will see that it is not a lot of money ... ~150'000 dollars to each component of the team for a 1-2 years of work (and maybe they will receive more money, who knows?).

Is $1.5 million for a website a legitimate price?  It seems extremely pricy to me, who has literally no experience in website design.  I mean, unless it's like a site for Microsoft or something I can't imagine spending that much for a website.

Also, $100,000 a month to a company that no one really knows anything about?  It just seems strange, to myself, a total outsider.

Woah.. theymos has so much Bitcoin, maybe he uses it for maintaining this site and maybe for developing something

You do realize that you can have the most expensive bullet proof forum software in the world and you're still fucked if your service provider is an unprotected piece of shit. Root access pretty much allows you to do anything you want and you get root access by having an admin user/pass. This new forum software won't fix that problem and it's not supposed to fix it. What it will do is provide tools to make it easier to administer/moderate the forum and have a bunch of new bells and whistles for the wow factor.

I think most of us would prefer to wait a little longer even after the expected release to ensure that everything runs smoothly and works fine.
I actually think that especially now with the recent hack, more time should be spent on preventing such attacks. Maybe enabling 2FA would prevent the incentive of hacking the forum (if that's what was driving the hackers).
There are some options to edit your subscriptions. I can't remember exactly where it was but you can find it by playing around with the links on the side of your profile where you can edit preferences and those kind of things.

Why should bitcointalk be goxed? I think that no private keys of btc address are stored in the server, and the attacker was searching only the access data of all the forum users (probably to make another attack on the various exchange because all we know that a lot of users are using the same password in the various sites).

That's quite optimistic of you especially in the bitcoin space. When a hack happens in bitcoin, news of "lost" coins usually follows. Just be happy bitcointalk didn't get Goxed.... well I guess it sort of did.

you know, I didn't invest single penny to this forum, so I just can post opinions based on experience with IT projects like I posted above. Nothing less, nothing more...generally, I'm happy, that platform like bitcointalk even exists, I learned lot of stuff here.

I think that everybody will decide by himself how smart is this step is (invest this amount of money to some no-name startup from hawaii without single reference project) and what can be behind..don't want to add anything else and fire another shots. let's just hope, that it will worth at least 20% of invested budget, which is for something like "community non-profit forum" totally beyond my imagination..

I am a little afraid that not all the budget was spent in the best possible way.

with this size of project and budget, you can order penetration testing or ethical hackers..

I'm pretty sure that after the new forum is published it is going to be cracked in five minutes, and then I will need to change my password again.

Damn,

During this recent downtime i was hoping that theymos would throw a surprise and unveil the long awaited new forum software. I was hoping the "hack" was a cover to spring us a nice little surprise. 

The new forum software looks like its taking a long time to develop, hope things are on track. I have no right to question, especially since i did not donate anything toward the development of the new forum software, but it would be nice to have an update as to when it will go live. A ballpark figure would do just fine, imo. I would really like an option where i can un-subscribe from a thread that i would no longer wish to follow. I haven't seen such an option or maybe one of you folks can guide me on how i could do so with the existing forum software .

There has been more than $1,500,000 in developer hours/effort put into bitcoin already, the only difference is not all of those people got paid for their contributions

Anyone know how much has been spent on BTC development?

I agree with you. Although it's not up to us, i think the funds could have been much better spent (or saved, for that matter)
If it was someone else who paid that sum of forum money to unknown company, there would be hell raised with accusations. Sure hope they know what they're doing.
cheers

it is his decision, but I agree with you on this..

~10 minutes back, I didn't even know, that something called Slickage from Honolulu exists.) website is empty, copyright from 2014, twitter with 90 followers and 4devs on github - 100k$ income each month. I didn't find any reference or realized projects...nothing.

well, maybe I'm just wrong at it will be amazed by new forum, but for now, I'm gently said little bit skeptical..

You do realize that 'after February 2015' could also mean the year 2100?  
I guess we should just be patient, although an update would be nice. It is better to wait and get a proper forum than some half baked one.