Author Topic: To PTS holders: trade for BTS right now at a discount  (Read 2897 times)

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Offline kingslanding

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I haven't heard of any other airdrop outside of PLAY.  Post here if you do.

I was thinking of dumping my PTS after the today's snapshot, but the fact that it take hours to get confirmed, it may not be worth it.  The price will likely be down so much by then.  I expect a small dump on BTSX as well.

Why are you expecting a BTSX dump? I was expecting that BTSX would become BTS seamlessly so there would be no reason to dump.

The only other thing I know of that could factor into PTS's value is alphaBar's DPOS-PTS that he's been talking about.

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I expect a lot of people will dump PTS after the snapshot & use the proceeds to buy BTS(X).  This will cause BTSX to go up, but then after the buying is done, it will trickle down.  This is pure speculation on my part.

I'm going to keep my PTS & take a chance for any future PTS snapshots or possible DPOS-PTS as you mentioned.
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Offline biophil

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I haven't heard of any other airdrop outside of PLAY.  Post here if you do.

I was thinking of dumping my PTS after the today's snapshot, but the fact that it take hours to get confirmed, it may not be worth it.  The price will likely be down so much by then.  I expect a small dump on BTSX as well.

Why are you expecting a BTSX dump? I was expecting that BTSX would become BTS seamlessly so there would be no reason to dump.

The only other thing I know of that could factor into PTS's value is alphaBar's DPOS-PTS that he's been talking about.

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Offline kingslanding

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I haven't heard of any other airdrop outside of PLAY.  Post here if you do.

I was thinking of dumping my PTS after the today's snapshot, but the fact that it take hours to get confirmed, it may not be worth it.  The price will likely be down so much by then.  I expect a small dump on BTSX as well.
BTS username/address:   kingslanding9999

Offline bitmeat

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Which means there is intrinsic value in PTS itself, outside the merger. And wasn't there another airdrop besides PLAY, that PTS is expecting as well?

Offline biophil

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If I remember correctly PLAY will use the PTS snapshot.

Yeah, that's what I'm getting from HackFisher's post.

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Offline bitmeat

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If I remember correctly PLAY will use the PTS snapshot.

Offline biophil

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Looks like PLAY is going to snapshot w/ PTS on Nov 5.

https://bitsharestalk.org/index.php?topic=10868.0

Thanks for the cross post! I never would have known this otherwise. I'm not real excited that they gave such short notice on that, but whatever. Now I have to figure out whether I want to get PLAY from my PTS...

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Offline kingslanding

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BTS username/address:   kingslanding9999

Offline biophil

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after hesitating for farrrrrrrrr too long I finally pulled the trigger and got 1.14 conversion. I like having 15 more btsx/pts now than waiting 2 years for them to mature. I'm feeling more secure in my decisions to go all in on btsx as I think any major DAC after Nov 5th is more likely to utilize the BTS snapshot than the PTS snapshot like PLAY will be doing. plus I still have my DNS and VOTE that will vest and give me a nice little nest egg to sit on for the long term.

Thanks biophil, this helped give me enough of a push to finally do what needed to be done.

Awesome, glad to see someone benefitted from this!

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Offline Ander

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I think the reason PTS is worth more is that it will stay around and people expect some value of of 3rd party DACs from it in the future.  Someone proposed a plan to make a DPoS currency and sharedrop it to PTS, and since hten the value of PTS has been a bit above the value of the BTS you get from it.
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Offline JWF

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after hesitating for farrrrrrrrr too long I finally pulled the trigger and got 1.14 conversion. I like having 15 more btsx/pts now than waiting 2 years for them to mature. I'm feeling more secure in my decisions to go all in on btsx as I think any major DAC after Nov 5th is more likely to utilize the BTS snapshot than the PTS snapshot like PLAY will be doing. plus I still have my DNS and VOTE that will vest and give me a nice little nest egg to sit on for the long term.

Thanks biophil, this helped give me enough of a push to finally do what needed to be done.

Offline biophil

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Right now, PTS is trading on Bter at 0.00514, while BTSX is at 0.0000447. One PTS entitles you to about 100 to 105 BTS after Nov 5, but these BTS will not be immediately liquid. What this means: If you sell your PTS now and buy BTSX, you'll get about 15% more BTS after the snapshot than you would if you held PTS; in addition, these BTS will be immediately liquid so you won't have to wait through the 2 year vesting period.

I've already converted all my PTS to BTSX, but I thought I'd point this out to people who haven't yet - I want to sell PTS for BTSX right now so bad that I hope someone gets to do it. :)
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