IMPORTANT: BTS Merger (Poll)

[Musewhale]

Whether the merger temporarily does not hold position,  if the merger, the key lies in how to calculate their own interests

[joele]

Yes  +5%

[dlh]

This is done harm to the interests of PTS, AGS and BTSX maintain the interests, must give higher PTS compensation

[BTSdac]

first I had a little crack，  but I so support it after mull ， and I also think that people in community  have smart enough to deal with this . +5% +5% +5%

[oldutiao]

 +5%

[matt608]

It is merger and acquisition.

Nothing is merged or acquired:

3) Capital infusion to fund marketing efforts is solved by allowing for a majority vote of BTS holders to vote to create and sell shares for funding purposes

IOW: throw on the printing press and spend the resulting notes on marketing. That's pump&dump par excellence.

3) Capital infusion to fund marketing efforts is solved by allowing for a majority vote of BTS holders to vote to create and sell shares for funding purposes

That only means it would be a majority-approved pump&dump.

The problem here is that the (market) value of the DAC is not so much driven by the services it offers, but by marketing. It is easy to convince a majority with the promise of a tenfold increase in market value in combination with e. g. 10% dilution. In the long run this will destroy the DAC, though, because there is no substance in it for supporting the (temporarily) higher market value.

How does attracting new long term users not support a higher market value?  That's the purpose of marketing.  There's marketing to shareholders and theres marketing to users.  There will always be speculation on what the promises of marketing are worth before the marketing actually takes place, in which case the promises of marketing has the effect of being marketing to shareholders i.e. pumping.  But unless you have reason to believe the raised funds *wont* be used on marketing to new users, then this is not a problem.

The issue is ensuring the raised funds from dilution are spent wisely.

[pc]

It is merger and acquisition.

Nothing is merged or acquired:

3) Capital infusion to fund marketing efforts is solved by allowing for a majority vote of BTS holders to vote to create and sell shares for funding purposes

IOW: throw on the printing press and spend the resulting notes on marketing. That's pump&dump par excellence.

3) Capital infusion to fund marketing efforts is solved by allowing for a majority vote of BTS holders to vote to create and sell shares for funding purposes

That only means it would be a majority-approved pump&dump.

The problem here is that the (market) value of the DAC is not so much driven by the services it offers, but by marketing. It is easy to convince a majority with the promise of a tenfold increase in market value in combination with e. g. 10% dilution. In the long run this will destroy the DAC, though, because there is no substance in it for supporting the (temporarily) higher market value.

[carpet ride]

+5% +5%


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[bitsapphire]

Set as sticky for a few days.

[xeroc]

It is merger and acquisition.

Nothing is merged or acquired:

3) Capital infusion to fund marketing efforts is solved by allowing for a majority vote of BTS holders to vote to create and sell shares for funding purposes

IOW: throw on the printing press and spend the resulting notes on marketing. That's pump&dump par excellence.

3) Capital infusion to fund marketing efforts is solved by allowing for a majority vote of BTS holders to vote to create and sell shares for funding purposes

[pc]

It is merger and acquisition.

Nothing is merged or acquired:

3) Capital infusion to fund marketing efforts is solved by allowing for a majority vote of BTS holders to vote to create and sell shares for funding purposes

IOW: throw on the printing press and spend the resulting notes on marketing. That's pump&dump par excellence.

[xeroc]

+5%
Thanks fuzzy for the initiative ! Hope it will give a good overview of what people really think about BM's proposal

+5% +5%

[inarizushi]

 +5%
Thanks fuzzy for the initiative ! Hope it will give a good overview of what people really think about BM's proposal

[mf-tzo]

For those that might thinking that this is a bad thing to do just clear your heads up and think about it as a big company buying out smaller companies in order to increase everyone's position. Dilution is the worst ever possible word to describe a merger like this. It is not dilution. It is merger and acquisition.

For those that are thinking dumping DNS also think twice before you do so.. The stronger the DNS at the time of the snapshot of the merger equals more shares on the new DAC. DNS will not die and now has to prove it's value.

Unless I missunderstand something please correct me.

[blahblah7up]

There should be a short pithy description of the proposal. Trouble atm is broad spread of perception. We need to vote on something definite, if a vote is really appropriate. Also, I think the nature of PTS/AGS changing is distinct from the merger of DAC under one umberella.

Yes. I'm not voting until something concrete has been proposed.  What kind of thread is this?  No one even knows what they voting on.