Author Topic: Number of Bitshares X at launch  (Read 26912 times)

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Offline yinchanggong

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I don't know what would be best, but 4 million was the original plan.
yea, I think BTS is still 4 million, but we should use the 1 billion bips as unit for trade.
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Offline mint chocolate chip

I don't know what would be best, but 4 million was the original plan.

Offline valtr

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I am undecided please convince me of either way.

+ More BitShares X easier invest. Instead of buying 0.00001, you can buy 1 and it can be seen a less risky option. (DogeCoin)
+ Less BitShares X increases value due the limited amount and speculation.  (Bitcoin)
+ Both are limited regardless.
+ With More BitShares X 1 = 1$ you can mentally calculate investment or trades in assets.
Totally agree 1 is better than 0,0001 etc.

Offline betax

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I am undecided please convince me of either way.

+ More BitShares X easier invest. Instead of buying 0.00001, you can buy 1 and it can be seen a less risky option. (DogeCoin)
+ Less BitShares X increases value due the limited amount and speculation.  (Bitcoin)
+ Both are limited regardless.
+ With More BitShares X 1 = 1$ you can mentally calculate investment or trades in assets.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline yinchanggong

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I vote for using bip as the unit. Obviously, 1$ is more acceptble than 250$ for investors.
« Last Edit: June 22, 2014, 05:59:45 am by yinchanggong »
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Offline pendragon3

Among those voting for only 4 million shares, can someone please explain your reasoning? What's the advantage in having so few shares? Frankly, I can't see any advantage, but would like to know your pov.  ???

Offline sfinder

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there will be less than 4million BTSX in the system when bitshares x launched since system destroy 90% of the transaction fee during running on XTS stage.
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Offline bitcoinerS

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I vote for 100 Million shares at launch.

That would make each share worth  $1, if Bitshares X market cap is $100 Mill, or $10 per share if cap is $ 1 Billion.
>>> approve bitcoiners