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Offline fluxer555

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What does a 'Stock Buyback' look like in BTS?
« on: November 03, 2014, 03:30:26 PM »

If we look at the company analogy, it's clear that inflation is like issuing new shares. But, what does the opposite look like? It seems that a 'Stock Buyback' would be the equivalent of purchasing shares, then burning them. Is this right? Would anyone ever be in a situation where this is desirable?

Offline fluxer555

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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #1 on: November 03, 2014, 03:56:16 PM »
What seems to be the problem is that there is no 'company' and 'shareholder' separation. Since a buyback is when 'the company' buys shares back from 'the shareholders', and since 'the shareholders' are 'the company', this makes any definition of a buyback meaningless in the context of the DAC. Is this right? I have heard people talk about 'buybacks' in the context of BTS, what could these people have been talking about?

Offline Chuckone

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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #2 on: November 03, 2014, 03:58:01 PM »
What seems to be the problem is that there is no 'company' and 'shareholder' separation. Since a buyback is when 'the company' buys shares back from 'the shareholders', and since 'the shareholders' are 'the company', this makes any definition of a buyback meaningless in the context of the DAC. Is this right? I have heard people talk about 'buybacks' in the context of BTS, what could these people have been talking about?

I guess the best analogy would be the burn rate from delegates.

Offline toast

Re: What does a 'Stock Buyback' look like in BTS?
« Reply #3 on: November 03, 2014, 04:01:36 PM »
Instead of burning fees, you could collect them in all their various forms, and then once a month sell them all for BTS and burn it all at once.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline fluxer555

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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #4 on: November 03, 2014, 04:04:08 PM »
Instead of burning fees, you could collect them in all their various forms, and then once a month sell them all for BTS and burn it all at once.

Sell fees for BTS? Aren't all fees denominated in BTS?

Offline cn-members

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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #5 on: November 03, 2014, 04:05:02 PM »
Instead of burning fees, you could collect them in all their various forms, and then once a month sell them all for BTS and burn it all at once.

"what amount of  supply of the orginal DNS was taken into the new super DAC to air drop on ? "  5 billion or 10 billion or whatever real time supply of DNS on the 11.5 snapshot day ?

Thanks toast , I'm asking on behalf of BTC38.
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Offline toast

Re: What does a 'Stock Buyback' look like in BTS?
« Reply #6 on: November 03, 2014, 04:11:42 PM »
Instead of burning fees, you could collect them in all their various forms, and then once a month sell them all for BTS and burn it all at once.

"what amount of  supply of the orginal DNS was taken into the new super DAC to air drop on ? "  5 billion or 10 billion or whatever real time supply of DNS on the 11.5 snapshot day ?

Thanks toast , I'm asking on behalf of BTC38.

The real supply minus the dev fund so about 4.05bn total
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline cn-members

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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #7 on: November 03, 2014, 04:20:34 PM »
Instead of burning fees, you could collect them in all their various forms, and then once a month sell them all for BTS and burn it all at once.

"what amount of  supply of the orginal DNS was taken into the new super DAC to air drop on ? "  5 billion or 10 billion or whatever real time supply of DNS on the 11.5 snapshot day ?

Thanks toast , I'm asking on behalf of BTC38.

The real supply minus the dev fund so about 4.05bn total

Thanks....and the BTC38 guys are waiting for some other plan from you ? On the skype . He said he couldn't reach you and BM , the 11.05 are coming , so they need an final answer .
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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #8 on: November 03, 2014, 04:33:12 PM »
Thanks....and the BTC38 guys are waiting for some other plan from you ? On the skype . He said he couldn't reach you and BM , the 11.05 are coming , so they need an final answer .
Final decision can be made right after the snapshot .. not before ..
supply in DNS is increasing .. so it does not make sense to guestimate the supply at the 5. nov..
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Offline cn-members

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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #9 on: November 03, 2014, 04:37:17 PM »
Thanks....and the BTC38 guys are waiting for some other plan from you ? On the skype . He said he couldn't reach you and BM , the 11.05 are coming , so they need an final answer .
Final decision can be made right after the snapshot .. not before ..
supply in DNS is increasing .. so it does not make sense to guestimate the supply at the 5. nov..

Oh . it's about other stuff ...
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Offline fluxer555

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Re: What does a 'Stock Buyback' look like in BTS?
« Reply #10 on: November 03, 2014, 04:54:57 PM »
Maybe we could get back on topic? Haha

 

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