Dan's new plan is unfair to the long-time PTS holders.

[justin]

We are long-time PTS holders ourselves.  Check out our public PTS donation holdings from AGS - Still held there to lay golden eggs for the future.

But consider this:  If BTS were to inherit that egg-laying capability from its AGS/PTS parents, then the ability to lay golden eggs would be yet ANOTHER contribution to the BTS value proposition.  All DACs that want to join the ecosystem but not the blockchain can still honor BTS and get the increasingly powerful community's enthusiastic support.

Just like bringing in any other merger to grow the value of all shares, adding AGS and PTS adds their value to BTS directly. 

Now you can own a profitable killer DAC AND have a position on the mailing list for targeting by third party DACs as well.

Why, this is a proverbial self-licking ice cream cone!

Stan, HI~
i saw the news in Bic38 that the allocation plan is that： BTS 80%   the rest 20%  PTS AGS DNS VOTE 7 7 3 3
I think the whole thing is a good idea, but the allocation part is not very good.
it is too good for the BTS and AGS holders, especially for those who donated big money to AGS before 2\28.

Thanks for the market, because it has proved my point: the BTS price has some increase, however, the PTS has fallen to shit,  DNS has decreased to the ground. if the allocation plan is everyone's vote result, i have nothing to say, but it is decided by just a few people in 3I team. is this fair？ the market said, no, it is really unfair to PTS and DNS holders.

i think it is more fair that PTS and DNS holders should be given more and i think even they are given more, the BTS and AGS holders still are more profitable.

so, please, change the allocation plan and make it more sensible.

in the past, PTS can have thrid party DAC and can be tradebale, and that is why it is usually more expensive than AGS.
now, AGS can also be tradeable, so AGS should not be equal with PTS, 

PTS should be given more, like  PTS: 9,  AGS: 5  (i think DNS 3  VOTE 3 is OK) .

The proposal:"  PTS: 9,  AGS: 5  (i think DNS 3  VOTE 3 is OK) "  is unfair for AGSers! PTSers and AGSers should be equal on shares!

[Anytime]

We are long-time PTS holders ourselves.  Check out our public PTS donation holdings from AGS - Still held there to lay golden eggs for the future.

But consider this:  If BTS were to inherit that egg-laying capability from its AGS/PTS parents, then the ability to lay golden eggs would be yet ANOTHER contribution to the BTS value proposition.  All DACs that want to join the ecosystem but not the blockchain can still honor BTS and get the increasingly powerful community's enthusiastic support.

Just like bringing in any other merger to grow the value of all shares, adding AGS and PTS adds their value to BTS directly. 

Now you can own a profitable killer DAC AND have a position on the mailing list for targeting by third party DACs as well.

Why, this is a proverbial self-licking ice cream cone!

Stan, HI~
i saw the news in Bic38 that the allocation plan is that： BTS 80%   the rest 20%  PTS AGS DNS VOTE 7 7 3 3
I think the whole thing is a good idea, but the allocation part is not very good.
it is too good for the BTS and AGS holders, especially for those who donated big money to AGS before 2\28.

Thanks for the market, because it has proved my point: the BTS price has some increase, however, the PTS has fallen to shit,  DNS has decreased to the ground. if the allocation plan is everyone's vote result, i have nothing to say, but it is decided by just a few people in 3I team. is this fair？ the market said, no, it is really unfair to PTS and DNS holders.

i think it is more fair that PTS and DNS holders should be given more and i think even they are given more, the BTS and AGS holders still are more profitable.

so, please, change the allocation plan and make it more sensible.

in the past, PTS can have thrid party DAC and can be tradebale, and that is why it is usually more expensive than AGS.
now, AGS can also be tradeable, so AGS should not be equal with PTS, 

PTS should be given more, like  PTS: 9,  AGS: 5  (i think DNS 3  VOTE 3 is OK) .

[oldman]

Long time AGS, PTS, and BTSX holder here as well.  The merger is a great idea and BitShares will be much stronger for it.  Let's make it happen so the devs can focus on kicking more ass.

+5%

[zerosum]

Yes, they (I mean 'we') are getting plenty. More importantly, we are ensuring a much stronger BitShares going forward.

Long-time PTS holder here (AGS too).

The sooner the devs merge AGS/PTS into BTS the better.

Long time AGS, PTS, and BTSX holder here as well.  The merger is a great idea and BitShares will be much stronger for it.  Let's make it happen so the devs can focus on kicking more ass.

+5% Me too.

[yellowecho]

Long time AGS, PTS, and BTSX holder here as well.  The merger is a great idea and BitShares will be much stronger for it.  Let's make it happen so the devs can focus on kicking more ass.

[oldman]

Long-time PTS holder here (AGS too).

The sooner the devs merge AGS/PTS into BTS the better.

[donkeypong]

Yes, they (I mean 'we') are getting plenty. More importantly, we are ensuring a much stronger BitShares going forward.

[emski]

But post Feb28th holders are getting shares in the flagship btsx chain which they originally missed out on.

Yes. Please see this topic where I tried to explain it a bit more clearly:
https://bitsharestalk.org/index.php?topic=10189.0

[onceuponatime]

Post 28 feb snapshot PTS miners might be disappointed by this resolution.

I still think that original promise differs than current proposal:
In original promise there were 20% allocated to PTS/AGS and 80% development. There were no mentioning of dilution.
In current situation PTS/AGS will still get 20%, but the rest will be allocated to BTSX holders and there must be dilution in order to acquire development funds.
If a DAC wants the same level of dilution as original promise then AGS/PTS end up with 2%. And this is the difference to original promise IMHO.

People that believed in this might feel lied to.

But post Feb28th holders are getting shares in the flagship btsx chain which they originally missed out on.

[emski]

Post 28 feb snapshot PTS miners might be disappointed by this resolution.

I still think that original promise differs than current proposal:
In original promise there were 20% allocated to PTS/AGS and 80% development. There were no mentioning of dilution.
In current situation PTS/AGS will still get 20%, but the rest will be allocated to BTSX holders and there must be dilution in order to acquire development funds.
If a DAC wants the same level of dilution as original promise then AGS/PTS end up with 2%. And this is the difference to original promise IMHO.

People that believed in this might feel lied to.

[pendragon3]

I had my PTS and AGS after the 2.28 Snap. does that means that I will never have any other DAC in the future? it is the 10% shares for AGS and PTS respectively that make me buy PTS and AGS after 2.28 snap. if the new plan make AGSers not get other DAC shares, it's extreamly unfair for US!

Actually the proposal states that not only you will continue to get shares from future DACs in the future, BUT you will also get shares in BTSX ... shares that you were not supposed / promised to get... up to now.

By the same token, BTSX share holders weren't promised the hugely important network benefits that Vote brings to the table, while PTS/AGS were. Nor were BTSX supposed to get a cut of future non-BTSX child DACs, but now they will as a result of the merger with PTS/AGS. So, the various groups all bring a lot of value to the merger and should all be honored and recognized fairly.

BTS will be a new entity that is hopefully greater than the sum of the parts. IMO, the fair way to do the allocation would be to give a fraction of BTS, say 25%, to BTSX holders (to compensate them for the dilution that will occur from the merger) and then allocate the rest, say 75%, via a new snapshot to all PTS/AGS holders.

[Harvey]

马币会使用DPOS的代码吗？ 如果使用了 打算给PTS AGS分多少股份呢？

[justin]

还有 你的马币怎么样了？

I still trust my Ma-Coin hoping it will bring me a lot of fortrun

[Gentso1]

i don't quite understand Dan's new plan, but i feel that it is a nice idea. and i appreciate your hard work!

does the new idea mean that in the future, BTS holders could get the new DACs just like today's PTS? and AGS can be tradable just like PTS?

i feel that the new plan is too good for BTS holders and AGS holders, especially for those donated AGS before Feb.28th, because they have AGS and a lot of BTS.    however, people who hold PTS for a long time since the beginning feel it is unfair. they did not get a lot of benefits from BTS snapshot, at least much less than AGS holders. and now, again, they are a worse investment.  what do you think,3I?  or is there sth i couldn't understand it very well?

Thank you for your hard work for always~ but the market seems not very satisfying. the dream of BTS 500 dollars 妥妥的，10x, never buy in such a price, etc seem not be ture in a near future.  :)

For many of us this is about making profit plan and simple.
Rolling a few DAC's into 1 chain should make for a more profitable DAC because it is more feature rich. Also consider different DAC's wont have to fight for dev's. How fast do you think future dacs will be released and developed if the team is split in many different projects?

[tonyk]

I had my PTS and AGS after the 2.28 Snap. does that means that I will never have any other DAC in the future? it is the 10% shares for AGS and PTS respectively that make me buy PTS and AGS after 2.28 snap. if the new plan make AGSers not get other DAC shares, it's extreamly unfair for US!

Actually the proposal states that not only you will continue to get shares from future DACs in the future, BUT you will also get shares in BTSX ... shares that you were not supposed / promised to get... up to now.

[justin]

I had my PTS and AGS after the 2.28 Snap. does that means that I will never have any other DAC in the future? it is the 10% shares for AGS and PTS respectively that make me buy PTS and AGS after 2.28 snap. if the new plan make AGSers not get other DAC shares, it's extreamly unfair for US!

So, I recomended that the extra 2% BTSX should be given to AGSers and PTSers who havn't got 2.28 snapshot! 

[Harvey]

还有 你的马币怎么样了？

[Harvey]

Things change very fast in crypto-industy. I am also a holder of PTS, and totally understand your point. But it is too difficult to make everyone happy at each move.

[onceuponatime]

I had my PTS and AGS after the 2.28 Snap. does that means that I will never have any other DAC in the future? it is the 10% shares for AGS and PTS respectively that make me buy PTS and AGS after 2.28 snap. if the new plan make AGSers not get other DAC shares, it's extreamly unfair for US!

You are jumping to conclusions. Nobody has said that you will not get shares in future DACS.

[justin]

I had my PTS and AGS after the 2.28 Snap. does that means that I will never have any other DAC in the future? it is the 10% shares for AGS and PTS respectively that make me buy PTS and AGS after 2.28 snap. if the new plan make AGSers not get other DAC shares, it's extreamly unfair for US!

[Stan]

We are long-time PTS holders ourselves.  Check out our public PTS donation holdings from AGS - Still held there to lay golden eggs for the future.

But consider this:  If BTS were to inherit that egg-laying capability from its AGS/PTS parents, then the ability to lay golden eggs would be yet ANOTHER contribution to the BTS value proposition.  All DACs that want to join the ecosystem but not the blockchain can still honor BTS and get the increasingly powerful community's enthusiastic support.

Just like bringing in any other merger to grow the value of all shares, adding AGS and PTS adds their value to BTS directly. 

Now you can own a profitable killer DAC AND have a position on the mailing list for targeting by third party DACs as well.

Why, this is a proverbial self-licking ice cream cone!

[Rune]

PTS will be rewarded with more BTS. I'm sure dan will come up with a fair solution, that people will accept. Overall this plan is absolutely great for anyone with a stake in anything. Even if your allocation isn't totally fair, it will be such a massive boost in the long run. Seriously, the BTS superDAC is going to be so absurdly powerful, it will blow everything else we've seen out of the water.

[Anytime]

i don't quite understand Dan's new plan, but i feel that it is a nice idea. and i appreciate your hard work!

does the new idea mean that in the future, BTS holders could get the new DACs just like today's PTS? and AGS can be tradable just like PTS?

i feel that the new plan is too good for BTS holders and AGS holders, especially for those donated AGS before Feb.28th, because they have AGS and a lot of BTS.    however, people who hold PTS for a long time since the beginning feel it is unfair. they did not get a lot of benefits from BTS snapshot, at least much less than AGS holders. and now, again, they are a worse investment.  what do you think,3I?  or is there sth i couldn't understand it very well?

Thank you for your hard work for always~ but the market seems not very satisfying. the dream of BTS 500 dollars 妥妥的，10x, never buy in such a price, etc seem not be ture in a near future.  :)