successcouncil



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NewbieActivity: 27Merit: 0 Is this genuis or stupid? March 13, 2015, 01:37:55 AM #1



I need some help. I don't post here very often, but I have been posting on reddit/r/rbitcoin and getting either hate or indifference to what I think is the most exciting thing possible for bitcoin and the whole decentralized movement.



And I just cant figure out why? The haters are probably easier to understand cause haters gonna hate. They never give any constructive criticism and most likely just can't follow along with what is admittedly a difficult subject.



Its the super smart guys that baffle the most. Why the indifference? It makes me doubt myself. Maybe I am the dumbass here. But if its just me being a dumb ass and not seeing the flaw or lack of utility in the tools I have been reporting on, then surely some of the smart guys would be kind enough to explain why those tools are flawed. I would love that. It could save me a shit load of time.



I am so sick of the hate I am hesitant to even mention what I am talking about because really I want help understanding the above more than anything else. But the post wont make sense if I dont so here it is.



I am talking about bitshares. The bitshares DAC is on the cusp of solving what I think is 2 of bitcoins biggest challenges right now. 1. It is a decentralized bitcoin exchange built on the blockchain and 2. It will allow a decentralized bitpay service or hedge wallet that should massively help unbanked merchants accept bitcoin.



This video explains the above statements.

https://www.youtube.com/watch?v=arTGxy37C70&list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK



So if you think this is stupid please say why, so I can move on to more productive things.



And if you think this is genius, please let me know so I dont feel like a dumbass.



Thanks in advance.

Max

Hey gang,I need some help. I don't post here very often, but I have been posting on reddit/r/rbitcoin and getting either hate or indifference to what I think is the most exciting thing possible for bitcoin and the whole decentralized movement.And I just cant figure out why? The haters are probably easier to understand cause haters gonna hate. They never give any constructive criticism and most likely just can't follow along with what is admittedly a difficult subject.Its the super smart guys that baffle the most. Why the indifference? It makes me doubt myself. Maybe I am the dumbass here. But if its just me being a dumb ass and not seeing the flaw or lack of utility in the tools I have been reporting on, then surely some of the smart guys would be kind enough to explain why those tools are flawed. I would love that. It could save me a shit load of time.I am so sick of the hate I am hesitant to even mention what I am talking about because really I want help understanding the above more than anything else. But the post wont make sense if I dont so here it is.I am talking about bitshares. The bitshares DAC is on the cusp of solving what I think is 2 of bitcoins biggest challenges right now. 1. It is a decentralized bitcoin exchange built on the blockchain and 2. It will allow a decentralized bitpay service or hedge wallet that should massively help unbanked merchants accept bitcoin.This video explains the above statements.So if you think this is stupid please say why, so I can move on to more productive things.And if you think this is genius, please let me know so I dont feel like a dumbass.Thanks in advance.Max

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onemorexmr



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Sr. MemberActivity: 252Merit: 250 Re: Is this genuis or stupid? March 13, 2015, 01:45:36 AM

Last edit: March 13, 2015, 01:57:48 AM by onemorexmr #2 Quote from: successcouncil on March 13, 2015, 01:37:55 AM Hey gang,



I need some help. I don't post here very often, but I have been posting on reddit/r/rbitcoin and getting either hate or indifference to what I think is the most exciting thing possible for bitcoin and the whole decentralized movement.



And I just cant figure out why? The haters are probably easier to understand cause haters gonna hate. They never give any constructive criticism and most likely just can't follow along with what is admittedly a difficult subject.



Its the super smart guys that baffle the most. Why the indifference? It makes me doubt myself. Maybe I am the dumbass here. But if its just me being a dumb ass and not seeing the flaw or lack of utility in the tools I have been reporting on, then surely some of the smart guys would be kind enough to explain why those tools are flawed. I would love that. It could save me a shit load of time.



I am so sick of the hate I am hesitant to even mention what I am talking about because really I want help understanding the above more than anything else. But the post wont make sense if I dont so here it is.







as soon as someone is invested in something (be it work, money or anything else) he will have a better opinion about it, because most people need to justify it for themselves.



there are many examples.



if you talk to such a person you'll soon notice this:



btw i think BitShares is stupid. i mined some PTS in the early days (at start) but sold them a few days later and have never regretted it.



EDIT: reduced quote as soon as someone is invested in something (be it work, money or anything else) he will have a better opinion about it, because most people need to justify it for themselves.there are many examples.if you talk to such a person you'll soon notice this: http://en.wikipedia.org/wiki/Cognitive_dissonance btw i think BitShares is stupid. i mined some PTS in the early days (at start) but sold them a few days later and have never regretted it.EDIT: reduced quote XMR || Monero || monerodice.net || xmr.to || mymonero.com || openalias.org || you think bitcoin is fungible? watch this

matt4054



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LegendaryActivity: 1554Merit: 1000BitcoinQueue.com Re: Is this genuis or stupid? March 13, 2015, 02:24:24 AM #4



I can't speak about the contents of the 20 minutes video: I couldn't stand watching it, because I feel like it's totally the wrong media type. If you have such a loooooooooooooong message to tell the world, use text, not video. I would be ok with reading the transcript, though.



However, I read



About the hate on this forum, there are 2 things that I'd like to point out.



First is that while I see some parallels in blockchain technology, I fail to understand the relationship between Bitcoin and Bitshares. There are *zero* occurrences of 'bitcoin' on the 'How it works' page. So maybe that Bitcoin invested people are perceiving it as a competing crypto, aka altcoin, and altcoins justifiably got a bad name on this forum because of what I'd call the "shitcoin spree" in 2014.



Second is that what I call the noise on this forum has increased significantly during the last two years, compared to what I experienced when I started posting here in early 2013. Let me define it shortly: I call 'signal' people exchanging ideas and information about Bitcoin. I call 'noise' people trolling, those who see bitcoin as a get-rich-quick thingie, those who want to earn $$$ without working, etc. Unfortunately, the signal-to-noise ratio has gone much lower when Bitcoin prices started to explode (it was $27 when I joined).



So, it might be genius or stupid, I can't really say at this stage. What I can say is that I wouldn't take the hate here as a reasonable confirmation or denial of BitShares being either genius or stupid. I know as little about BitShares as I knew about Bitcoin back in 2011.I can't speak about the contents of the 20 minutes video: I couldn't stand watching it, because I feel like it's totally the wrong media type. If you have such a loooooooooooooong message to tell the world, use text, not video. I would be ok with reading the transcript, though.However, I read how it works from bitshares.org and some bits from the wiki . It seems interesting but complicated, just like BitcoinAbout the hate on this forum, there are 2 things that I'd like to point out.First is that while I see some parallels in blockchain technology, I fail to understand the relationship between Bitcoin and Bitshares. There are *zero* occurrences of 'bitcoin' on the 'How it works' page. So maybe that Bitcoin invested people are perceiving it as a competing crypto, aka altcoin, and altcoins justifiably got a bad name on this forum because of what I'd call the "shitcoin spree" in 2014.Second is that what I call the noise on this forum has increased significantly during the last two years, compared to what I experienced when I started posting here in early 2013. Let me define it shortly: I call 'signal' people exchanging ideas and information about Bitcoin. I call 'noise' people trolling, those who see bitcoin as a get-rich-quick thingie, those who want to earn $$$ without working, etc. Unfortunately, the signal-to-noise ratio has gone much lower when Bitcoin prices started to explode (it was $27 when I joined).So, it might be genius or stupid, I can't really say at this stage. What I can say is that I wouldn't take the hate here as a reasonable confirmation or denial of BitShares being either genius or stupid.