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Showing 8 of 8 results by shrem
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Board Announcements (Altcoins)
Re: 🔥Obyte Cash - Fork of Obyte - 70% Airdrop! - Instant Transactions - 0 Fees 🔥
by
shrem
on 10/05/2019, 00:38:43 UTC
"Sorry, I am not familiar with what Richard Heart had to say. Could you post a link to his tweet or where there are more details?

PS: Richard Heart was one of the believers of Byteball, have you tried to inform him about this fork? Obyte and Obyte Cash could both get a lot of attention if he tweets about it."

Richard Heart comes up in a few weeks with his HEX coin which in fact is a Bitcoin clone, the project he started about a year ago. He (very much like you) was greatly disappointed by the bitcoin price decline, unreasonable bitcoin forks and many other bad things about bitcoin. You can hear his reasoning at  https://www.youtube.com/watch?v=9d0iz0qxQ3k. His project's web page can give you more detail  https://hex.win.
He has posted numerous debates with crypto personalities about his coin on his youtube channel.
He has indeed favourably mentioned Byteball a couple of times in his videos, but to be honest, he has also mentioned weak points of Byteball. There's no point in trying to get to him right now as he's so obsessed with his coin that he just won't listen to anybody. However, his assurance in the inevitable success of his coin has shaken a little bit lately because of the bitcoin's gains, still he is the wrong man to talk about both Obyte and Obyte cash. I would rather suggest that you contact Stefan Molyneux and try to talk to him about the DAG blockchain.

My personal aspiration is to change the present day economy model into a free economy. Many coins suit for this change, but it is not the coin alone that is required. Almost all coin teams that I'm familiar with do not see the forest behind the trees. Some want the money now, some are blinded by misconceptions, some just lack fundamentals, vocational experience and common sense. It is the team with the right vision that stands much of a chance to dash its coin forward, not the bitcoin (or Obyte, or Obyte cash, or Ripple, or Monero, or any other wonder coin) itself.
Don't you find it ridiculous that all coin teams appeal to one and the same tech savvy community (today's crypto market cap is almost all that can be derived from it), while there are hordes of common people waiting to enter the new economy if only they knew how, were sure about all ins and outs, were not afraid to fall victim of a hack, felt secure and protected? Instead, the teams generally concentrate on techies, who are on terms only with virtual economy - trading on an exchange, gaming, betting, sex toys from the dark net.

"They would not listen,
They are not listening still,
Perhaps they never will..."
"Vincent" by Don McLean.

My take on what should be done step by step to improve the situation with a coin in order to set it into circulation exceeds the frames of a post, it is not an arcana, but just a multi-faucet concept and it will take hours to read.
Post
Topic
Board Announcements (Altcoins)
Re: 🔥Obyte Cash - Fork of Obyte - 70% Airdrop! - Instant Transactions - 0 Fees 🔥
by
shrem
on 09/05/2019, 08:57:28 UTC
"Altcoins like OByte Cash can be used for specialized purposes like smart contracts, private payments, etc. And once we are established in these niches, only then can we target becoming a day to day currency."

I indeed ask myself this - why should people use smart contracts and private payments? Only for the fun of sending coins? Give me a reason for them to do so please. How you get a notion that you are established enough in these niches? Didn't it occur to you that even if you distribute almost all coins and thus provide for 'noticeable" liquidity, the people still wouldn't tend to spend their "dear" money in the bull market situation. Who will want to spend coins today when it is going to double in price in a week? And your economy around OBC doesn't catch up again. So in the end we have just another altcoin in the long list of coins on the crypto exchange.

With all these positive improvements accompanying OBC distribution, aren't you alarmed that you've got only 37 members on Telegram and not a single post? Aren't you alarmed that there's no one except me indulging in discussion about OBC in this thread? Don't you think there must be something more to the coin than just improved distribution model?

Adam Smith, Kark Marx, Silvio Gesell, Pierre-Joseph Proudhon and etc. - these are great names of the past. But are you aware there are American, Austrian, Swedish, Russian, Chinese schools of economics to name a few? Do you really believe in Richard Heart's recent concept that a mere introduction of a fixed cap altcoin with programmed price settings can create a store of value? Smart people can deduct what Richard Heart is after with his clever scheme. Do you?
Post
Topic
Board Announcements (Altcoins)
Re: 🔥Obyte Cash - Fork of Obyte - 70% Airdrop! - Instant Transactions - 0 Fees 🔥
by
shrem
on 07/05/2019, 05:41:52 UTC
Looking beyond distribution, what are you going to do to make Obyte cash more than just another trading instrument? Or making another instrument (only better) is what is your ambition?
Post
Topic
Board Announcements (Altcoins)
Re: 🔥Obyte Cash - Fork of Obyte - 70% Airdrop! - Instant Transactions - 0 Fees 🔥
by
shrem
on 06/05/2019, 19:59:22 UTC
Are you also going to incentivize trade? Like 10-20% cashback if the item is paid for in Obyte Cash?

That is similar to a current Obyte distribution method and although it sounds good on paper, like most other distribution methods, its open for abuse in practicality. Hence, we do plan to have such a method for now.

I guess you do not seem to understand my meaning. My question was not about distribution. I asked if you are interested to facilitate use cases, to make the Obyte cash means of payment. The Byteball team had a plan to start trade among the community by giving up to 20% cashback to customers who made payment in Bytes. In the first place it was designed to help distribution. If done right, this could initiate trade between the community members, create an in-house type of economy and lead to real use cases growth. Which in turn would bring more users, let the Obyte economy expand and, of course,  impact the rate.
You would agree that trading a currency exclusively on various exchanges (which is almost all we can do with crypto at this moment) is not what most of us expect from the root of the new economy, wouldn't you?
So I think you should think of the way you'd sponsor real life use cases and agree with me that the trade with Bytes as the means of payment is the best and most convincing use case of the cryptocurrency. And the easiest to implement.
Post
Topic
Board Announcements (Altcoins)
Re: 🔥Obyte Cash - Fork of Obyte - 70% Airdrop! - Instant Transactions - 0 Fees 🔥
by
shrem
on 06/05/2019, 13:01:56 UTC
What about the wallet? Is there going to be a new one?
Post
Topic
Board Announcements (Altcoins)
Re: 🔥Obyte Cash - Fork of Obyte - 70% Airdrop! - Instant Transactions - 0 Fees 🔥
by
shrem
on 06/05/2019, 12:47:46 UTC
Are you also going to incentivize trade? Like 10-20% cashback if the item is paid for in Obyte Cash?
Post
Topic
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
shrem
on 26/12/2016, 18:36:38 UTC
Hi everyone!

I have a question to those who have successfully upgraded the wallet to 1.
I'm trying to backup the wallet config file before upgrading but I'm not seeing any Byteball folder or files along the path HD/Library/Application Support/
Am I blind or am I dumb?
Show me some ropes please.

From slack:
Quote
Shift+Go>Library>Application Support>Byteball
Back up the whole Byteball folder
This has to be done manually after every transaction (in or out)
For automatic backup, open account with mega.co.nz and autosync the Byteball folder. It’s end-to-end encrypted


in my Finder i go Library>Application Support but there's no folder Byteball among other folders.
What is wrong?
Post
Topic
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
shrem
on 26/12/2016, 17:55:39 UTC
Hi everyone!

I have a question to those who have successfully upgraded the wallet to 1.
I'm trying to backup the wallet config file before upgrading but I'm not seeing any Byteball folder or files along the path HD/Library/Application Support/
Am I blind or am I dumb?
Show me some ropes please.