Brownie on Fire

Empirical1.2 · July 29, 2015, 07:56:34 PM

Quote from: mf-tzo on July 29, 2015, 07:48:13 PM
Quote from: triox on July 29, 2015, 07:42:56 PM
Brownie is being perceived as being a potential sharedrop target for Cryptonomex' shares.
BTS going down, Brownie.PTS up.
This reinforces my fears that the market will perceive CNX as potentially more profitable than Bitshares and that there's a huge conflict of interest on the Dev's side.
With one deal with a decent bank, CNX may become more valuable then the entire current Bitshares market cap.

I am very confused...As far as I understand CNX will honor all BTS1:BTS2 in 1:1 conversion and all bitassets. In CNX bitasset creation will happen again with shortselling and using BTS as collateral isn't it? Therefore for every bitasset created in CNX you will still need 2xBTS as collateral to back this right? So I don't see how CNX can be a competitor to BTS...It is just an enhancement of the current client with much much more options isn't it?

CNX is separate centralised company owned by Dan, Stan, developers and a few others.

Originally AGS investors & then subsequently BTS thought they would own the 'toolkit' in the sense that they would be a sharedrop target for anyone that wanted to use it but the new toolkit, Graphene, that has mostly been developed without BTS/AGS funding will be owned and licensed by CNX, so CNX shareholders will benefit from it.

fav · July 29, 2015, 07:56:27 PM

wake me up once they reach 100 bts :)

mf-tzo · July 29, 2015, 07:48:13 PM

Quote from: triox on July 29, 2015, 07:42:56 PM
Brownie is being perceived as being a potential sharedrop target for Cryptonomex' shares.
BTS going down, Brownie.PTS up.
This reinforces my fears that the market will perceive CNX as potentially more profitable than Bitshares and that there's a huge conflict of interest on the Dev's side.
With one deal with a decent bank, CNX may become more valuable then the entire current Bitshares market cap.

I am very confused...As far as I understand CNX will honor all BTS1:BTS2 in 1:1 conversion and all bitassets. In CNX bitasset creation will happen again with shortselling and using BTS as collateral isn't it? Therefore for every bitasset created in CNX you will still need 2xBTS as collateral to back this right? So I don't see how CNX can be a competitor to BTS...It is just an enhancement of the current client with much much more options isn't it?

triox · July 29, 2015, 07:42:56 PM

Brownie is being perceived as being a potential sharedrop target for Cryptonomex' shares.
BTS going down, Brownie.PTS up.
This reinforces my fears that the market will perceive CNX as potentially more profitable than Bitshares and that there's a huge conflict of interest on the Dev's side.
With one deal with a decent bank, CNX may become more valuable then the entire current Bitshares market cap.

mf-tzo · July 29, 2015, 07:41:01 PM

Some things like the appreciation of what we do from BM in the form of Brownies cannot be measured in monetary terms. So I personally will not sell any Brownie no matter how tempting it seems, no matter the price..You can't sell a gift. It is rude!

Akado · July 29, 2015, 07:33:57 PM

Well, shouldn't we know what they're for? I still have mine as I thought they would be used for a reputation system but there are probably people who sold them because they thought they were just another token.

@xeroc CNX shares :P ahah too good to be true. But I love to brainstorm every possible outcome

xeroc · July 29, 2015, 07:31:04 PM

This may really be the target of an airdrop .. exciting times ahead :)

clayop · July 29, 2015, 06:54:59 PM

See the price. It went up from 1.0 to 8.0.
https://bitsharesblocks.com/asset/orderbook?asset=BROWNIE.PTS

Nobody seems to sell Brownie and many seem to want to buy Brownie.

Quote[01:05:20] bytemaster: that right there is the very reason why people have already been offering to buy it. It clearly has a non-zero value. I don't know too many people who have offered to sell there yet. I would think twice before I sold it.