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Offline Stan

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Official BitShares 2.0 [ANN] Thread on Bitcointalk
« on: June 11, 2015, 06:32:18 PM »

If you are looking for something to do, stop by and help answer questions on bitcointalk:

[ANN] BitShares 2.0

Be nice.  :)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline mike623317

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #1 on: June 11, 2015, 06:56:52 PM »
I assume that, from a savers point of view, you can still save in bitgold, bitsilver etc and still earn a yield for holding that asset.
Does anyone know if that is still the same in 2.0?

Offline Method-X

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #2 on: June 11, 2015, 06:59:44 PM »
I assume that, from a savers point of view, you can still save in bitgold, bitsilver etc and still earn a yield for holding that asset.
Does anyone know if that is still the same in 2.0?

It's being phased out with Graphene. The #1 criticism of MPA has always been "but if you get interest it's obviously a scam". I say it's a good thing to do away with it.

Offline maqifrnswa

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #3 on: June 11, 2015, 07:00:20 PM »
I assume that, from a savers point of view, you can still save in bitgold, bitsilver etc and still earn a yield for holding that asset.
Does anyone know if that is still the same in 2.0?

Yes, but not as straightforward. You have to use the bond market.
maintains an Ubuntu PPA: https://launchpad.net/~showard314/+archive/ubuntu/bitshares [15% delegate] wallet_account_set_approval maqifrnswa true [50% delegate] wallet_account_set_approval delegate1.maqifrnswa true

Offline Stan

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #4 on: June 11, 2015, 07:39:13 PM »
I assume that, from a savers point of view, you can still save in bitgold, bitsilver etc and still earn a yield for holding that asset.
Does anyone know if that is still the same in 2.0?

Yes, but not as straightforward. You have to use the bond market.

"Not as straigtforward" = "Much more powerful, flexible and general purpose"  :)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Ander

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #5 on: June 11, 2015, 07:48:06 PM »
The interest on bitassets didnt really make sense.  There was no reason for shorts to actually pay interest, and when they did the main result was to screw the shorts over.

In the new system you should be able to get interest through bonds.  It will make a lot more sense.

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Offline mike623317

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #6 on: June 11, 2015, 07:59:50 PM »
The interest on bitassets didnt really make sense.  There was no reason for shorts to actually pay interest, and when they did the main result was to screw the shorts over.

In the new system you should be able to get interest through bonds.  It will make a lot more sense.

Thats cool. Speaking for myself, i'm not interested in using this as a saving tool. I loved the idea of saving in gold, silver, CYN, wheat or something else. 

You guys did an amazing job, so kudos in abundance.  +5%
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Offline jsidhu

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #8 on: June 12, 2015, 12:11:54 PM »
When people like markm come around you know we're finally getting through,

https://bitcointalk.org/index.php?topic=1084460.msg11579087#msg11579087
I hope he swings by.. He's a pretty smart dude
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Offline Akado

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #9 on: June 12, 2015, 12:26:48 PM »
could we please not reply to the trolls on the thread? otherwise it will turn into a joke. If they don't get a reply they will eventually get tired and stop doing it.
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Offline nomoreheroes7

Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #10 on: June 12, 2015, 12:56:27 PM »
could we please not reply to the trolls on the thread? otherwise it will turn into a joke. If they don't get a reply they will eventually get tired and stop doing it.

This. The petty squabbling looks ridiculous. Just ignore it and they will eventually go away. Seemed to work on the communist thread after a while, hah.


Offline Stan

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #12 on: June 12, 2015, 05:29:46 PM »
Here's a serious question someone is asking on bitcointalk.
I haven't done the calculations myself, but surely someone here has?

1 protoshare (held from the beginning) should equal x bitshares, and x this chain,  and x that chain. So what value is the protoshare now (counting all its spinoffs)?

https://bitcointalk.org/index.php?topic=1084460.msg11601778#msg11601778

Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Riverhead

Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #13 on: June 12, 2015, 06:02:54 PM »

Snapshot Allocation Worksheet: https://docs.google.com/spreadsheets/d/1M65Gt1mFstAgTkECJfUX18f187tGzqJeXT7877qLv-M/edit?usp=sharing

Currently I think it's the following:

1 PTS =    $3.55
BTS        421.2685327
NOTE    252.9808069
PLAY        203.6097517
« Last Edit: June 12, 2015, 07:07:50 PM by Riverhead »
BTC/MUSE Bridge! Buy REAL MUSE!  https://metaexchange.info/markets/MUSE/BTC

Offline Empirical1.2

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Re: Official BitShares 2.0 [ANN] Thread on Bitcointalk
« Reply #14 on: June 12, 2015, 06:58:16 PM »
Here's a serious question someone is asking on bitcointalk.
I haven't done the calculations myself, but surely someone here has?

1 protoshare (held from the beginning) should equal x bitshares, and x this chain,  and x that chain. So what value is the protoshare now (counting all its spinoffs)?

https://bitcointalk.org/index.php?topic=1084460.msg11601778#msg11601778

It would be interesting to work out, at the current time I would guess ProtoShares investors have lost about 50% of their investment in dollar terms.

Given that that PTS was valued at $20-25 million in early 2014 pre BTSX snapshot. They were given 50% of BTSX which was further diluted in the BTS merger, so about $8 million worth of value at today's BTS CAP. PTS 2.0 is only worth $200 000 and the other main PTS honouring chains, PLAY & MUSIC are only worth a few million each I assume.
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