Author Topic: Official BitShares 2.0 [ANN] Thread on Bitcointalk  (Read 12243 times)

0 Members and 1 Guest are viewing this topic.

Offline testz


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

You forget that 1 PTS = x PTS-DPOS = x$

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Yes, Bitshares today, on the verge of 2.0, is worth less than half of what it was when it was just an idea and a proof of work coin.

This is why it would be perfectly reasonable for Bitshares to go up 1000% from here, just from the release of 2.0.

Those were the old days of crypto imo. Alts have failed to bring in or attract many new users &/or find many profitable use cases despite the numerous 'exciting' developments these last few years. At this stage, I believe investors want to see cold hard numbers. Users increasing, BitAssets increasing, profit etc. I doubt the release of 2.0 would push us above $30-40 million.

Bitcoin would have to break out of its bear phase, of course.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Empirical1.2

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Yes, Bitshares today, on the verge of 2.0, is worth less than half of what it was when it was just an idea and a proof of work coin.

This is why it would be perfectly reasonable for Bitshares to go up 1000% from here, just from the release of 2.0.

Those were the old days of crypto imo. Alts have failed to bring in or attract many new users &/or find many profitable use cases despite the numerous 'exciting' developments these last few years. At this stage, I believe investors want to see cold hard numbers. Users increasing, BitAssets increasing, profit etc. I doubt the release of 2.0 would push us above $30-40 million.
If you want to take the island burn the boats

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Yes, Bitshares today, on the verge of 2.0, is worth less than half of what it was when it was just an idea and a proof of work coin.

This is why it would be perfectly reasonable for Bitshares to go up 1000% from here, just from the release of 2.0.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Empirical1.2

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
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.
If you want to take the island burn the boats

Offline Riverhead


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 »

Offline Stan

  • Hero Member
  • *****
  • Posts: 2908
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BitShares: Stan
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 karnal

  • Hero Member
  • *****
  • Posts: 1068
    • View Profile

Offline nomoreheroes7

  • Hero Member
  • *****
  • Posts: 756
  • King of all the land
    • View Profile
  • BitShares: nomoreheroes7
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 Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
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.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline jsidhu

  • Hero Member
  • *****
  • Posts: 1335
    • View Profile
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
Hired by blockchain | Developer
delegate: dev.sidhujag

Offline CLains

  • Hero Member
  • *****
  • Posts: 2606
    • View Profile
  • BitShares: clains

Offline mike623317

  • Hero Member
  • *****
  • Posts: 637
    • View Profile
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%
If i can ask for one thing, it would be some easy to use tutorials for the average non techie user please.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
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.

https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Stan

  • Hero Member
  • *****
  • Posts: 2908
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BitShares: Stan
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.