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Hash of snapshot block

Started by theoretical, March 01, 2014, 12:35:32 AM

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CLains

Quote from: zavtra on March 01, 2014, 02:36:41 PM
The fact that everyone is racing to liquidate PTS signifies to me a lack of faith in future DAC's, and thus the BTS concept overall.

That's not how it works. Everyone expects everyone else to sell, and so they sell, without regard for their own optimism about the future value of PTS. In fact, the peolpe who believe in the future value of PTS will profit greatly from this fall as they are comfortable with buying up the panic of people who don't understand the underlying value of PTS.
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Stan

Quote from: toast on March 01, 2014, 02:20:58 PM
There's no magic snapshot button guys, just a date in the blockchain...

Sent from my SCH-I535 using Tapatalk

In fact every block in the blockchain represents a new "snapshot" showing all the changes since the last snapshot.  In effect, the snapshot took itself and is now sitting there in the blockchain for all to inspect.

:)
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.

toast

Quote from: zavtra on March 01, 2014, 02:36:41 PM
The fact that everyone is racing to liquidate PTS signifies to me a lack of faith in future DAC's, and thus the BTS concept overall.

I'm fairly disgusted, frankly.

Did you miss the "watch out for falling PTS" video?

PTS right now is priced at right around what it was before the snapshot date announcement. Everything seems to be going exactly as expected.


edit: I see it is actually cheaper in $$ but about the same in BTC.
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.

wasthatawolf

Quote from: zavtra on March 01, 2014, 02:36:41 PM
The fact that everyone is racing to liquidate PTS signifies to me a lack of faith in future DAC's, and thus the BTS concept overall.

I'm fairly disgusted, frankly.

That's just the market, don't let it get to you.

maqifrnswa

#13
Quote from: zavtra on March 01, 2014, 02:36:41 PM
The fact that everyone is racing to liquidate PTS signifies to me a lack of faith in future DAC's, and thus the BTS concept overall.

I'm fairly disgusted, frankly.

Or a transfer of value from pts to bts. I would have been concerned if there was no drop. If you are disgusted, go buy some cheap pts! I didn't sell since I donated them all, but I do not fault anyone for selling
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zavtra

The fact that everyone is racing to liquidate PTS signifies to me a lack of faith in future DAC's, and thus the BTS concept overall.

I'm fairly disgusted, frankly.

toast

There's no magic snapshot button guys, just a date in the blockchain...

Sent from my SCH-I535 using Tapatalk

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.

max

I'd also like to know when the block snapshot actually happened, that shouldn't be a secret, right?

sumantso

Quote from: johncitizen on March 01, 2014, 04:32:32 AM
Keep your PTS in local wallets until at least 2nd march 2014

Not really; you should be fine moving them out now.

johncitizen

All information is easily accessible and investors have been made aware. Developers are busier than ever and may not have the luxury to trawl forums answering questions.

Keep your PTS in local wallets until at least 2nd march 2014




CLains

Wait, what - so that's it? Snapshot is taken and I can move my PTS around?
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gnarl

What people are asking for is an Official Announcement that it has occurred.

This should be an exciting event that is advertised positively through official channels.
(For example, a positive twitter, a website update, a forum sticky, and a reddit forum announcement.)

maqifrnswa

it looks like this is it:
https://coinplorer.com/PTS/Blocks/0000001810185022d2b496e2ae59368b1e6fbc40dc82a77e79b90630dfcf89f6

but it doesn't matter since the whole block chain is saved, there is nothing to do to "take a snapshot." Since there is no software yet, the actual genesis block won't need to exist for some time.
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chono

Is it done? plz @bytemaster reply
Weibo:Will_BTS

CLains

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