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Offline bitcoinerS

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Bitshares X
« on: June 19, 2014, 02:53:48 PM »

How many Bitshares X shares will be issued at launch?
How many shares does 1 AGS and 1 PTS (owned before snapshot) get?
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Offline bdnoble

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Re: Bitshares X
« Reply #1 on: June 19, 2014, 03:41:30 PM »
When I import my PTS wallet into XT currently it seems to be about 3 XTS per PTS. Not sure if that is going be the case for X though.


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Offline ripplexiaoshan

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Re: Bitshares X
« Reply #2 on: June 19, 2014, 03:44:50 PM »
4 million BTS will be issued, 1ags=2.88BTS 1pts=1.33BTS
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Offline toast

Re: Bitshares X
« Reply #3 on: June 19, 2014, 04:07:21 PM »
4 million BTS will be issued, 1ags=2.88BTS 1pts=1.33BTS

Except the first number constantly changes.. I think the test net now uses 10m?

Assuming 4m the ratio for PTS is right but I thought that the ratio for AGS was 3.33?
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Offline ripplexiaoshan

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Re: Bitshares X
« Reply #4 on: June 19, 2014, 05:56:34 PM »
4 million BTS will be issued, 1ags=2.88BTS 1pts=1.33BTS

Except the first number constantly changes.. I think the test net now uses 10m?

Assuming 4m the ratio for PTS is right but I thought that the ratio for AGS was 3.33?

My apology, I mixed the two numbers. After Feb 28th, one AGS was 3.33BTS, and one PTS was 1.288 BTS.
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Offline bitcoinerS

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Re: Bitshares X
« Reply #5 on: June 19, 2014, 06:00:56 PM »
So will there be 4 or 10 million (as in Bitshares XT) Bitshares X issued at launch?
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Offline ripplexiaoshan

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Re: Bitshares X
« Reply #6 on: June 19, 2014, 06:28:18 PM »
So will there be 4 or 10 million (as in Bitshares XT) Bitshares X issued at launch?

I haven't seen the official announcement for this, as toast said, it is constantly changing, but it doesn't really matter, because the number will be changed proportionally to the original 4 million.
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Offline pendragon3

Re: Bitshares X
« Reply #7 on: June 22, 2014, 03:12:06 AM »
If it's all the same... why not 40 million instead of 4 million. Or 100 mill. instead of 10 M? You want bitshares X to be liquid on launch. It will be easier to grow big with a larger # of shares. Too few shares could keep a lid on the price. Methinks that lotsa people may be scared away by a too-high price like $100+. Set an ample # of shares and the sky's the limit  :o

Offline bitcoinerS

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Re: Bitshares X
« Reply #8 on: June 22, 2014, 03:16:37 AM »
If it's all the same... why not 40 million instead of 4 million. Or 100 mill. instead of 10 M?

I think 100 mill shares at launch is about right. That would make each share worth about $1 if Bitshares X market cap is at 100 Mill, or $10 per share if cap is $ 1 Billion.
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