BTSX on bter

[donkeypong]

And marinecoin's 97.2% premine is stored in an ice cold vault in Antarctica. It will take something like 1000 years for the remainder to be mined. I asked them and they weren't all that sure where the waterfront real estate and mega-yacht would be located. They said it may well be in Antarctica. But the marinecoin tower will be somewhere in New York, once people who take the bus tour decide on a location. Hopefully, there's no Kool-aid on the bus tour. marinecoin sounds like a sane choice and a rip-roaring ride for anyone looking to diversify.

[merockstar]

.. pretty much the same happend to auroracoin and the others ..

marinecoin also comes to mind.

has anybody figured out what thats about?

as far as I can tell, if you buy 2000 of their 97.2% premined clonecoin they're claiming you will become an abercrombie and fitch model

[xeroc]

.. pretty much the same happend to auroracoin and the others ..

[merockstar]

Moly moly .. that was fast

it may not be real though. with all the being super clear about withdraw your pts before the snapshot, only those not in the know would have left their pts on the exchange. that means they're trading what's probably a tiny percentage of the supply.

i wouldn't be surprised to see the price drop immediately on release.

i wouldn't be surprised to see me buying on the way down either.

[xeroc]

Moly moly .. that was fast

[merockstar]

bter 
obviously
https://bter.com/

oooooooooooooohhhhhhhhhhhhhhhhhhhhhhhh.
doh

[JA]

which site are you guys looking at?

bter 
obviously
https://bter.com/

[merockstar]

which site are you guys looking at?

[solaaire]

[liondani]

6th place on the market cap list belongs to the past...

We are temporary now on place 5 


PS ...bets on how quick we get to place 4 ?

[merockstar]

BTER knows they're going to get x% of BTSX because they were holding y PTS at the time of the snapshot, so they're letting their customers trade the percentage of BTSX they know they're getting internally.

Isn't it their customers BTSX that they are holding, that they received as part of the PTS snapshot?

yep, and it's their customers that are doing the trading. when the product is released, they give the appropriate amounts out to people based on the balances they have after all the trades, then start allowing withdrawals and deposits.

[bitmeat]

Yes. It is effectively like a futures market derivative. You can trade something that hasn't been delivered yet. It's nice to see some price discovery though.

[cygnify]

BTER knows they're going to get x% of BTSX because they were holding y PTS at the time of the snapshot, so they're letting their customers trade the percentage of BTSX they know they're getting internally.

Isn't it their customers BTSX that they are holding, that they received as part of the PTS snapshot?

[merockstar]

Just for those who don't know (I didn't), BTSX withdrawal is disabled on Bter until release.  D'uh, but I didn't think about that.

yea withdrawals are disabled because there is nothing to withdraw to yet.

BTER knows they're going to get x% of BTSX because they were holding y PTS at the time of the snapshot, so they're letting their customers trade the percentage of BTSX they know they're getting internally.

[Yuzu]

Just for those who don't know (I didn't), BTSX withdrawal is disabled on Bter until release.  D'uh, but I didn't think about that.

[dovaboy]

wait so the price didnt crash, why such a low point then?, i came here to say that i guess since i bought early from all the dumpers who wanted to get off ship ended up being a bad move. and my stash dropped by half

oh hold on, isee what they did there. im good. value adjusted  /btc.

[Bitshark]

Yes, bter is the best exchange never had any problems. 

They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

It's still based on 4m hasnt changed. They won't change it will get too confusing.

They just changed supply to 2 billion.
https://bter.com/trade/BTSX_BTC
but forgot to update main page
https://bter.com/ supply for btsx which is still showing 4 million and causing an error in displayed market cap. I sent them a message asking to correct.

And I thought the price had crashed .. 

[bitbro]

And it's done, market cap of 32460BTC, 6th place

is this right? Let's get on cmc when the product is released


Sent from my iPhone using Tapatalk

[gamey]

Yes, bter is the best exchange never had any problems. 

They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

It's still based on 4m hasnt changed. They won't change it will get too confusing.

Now the market buy/sell order columns are completely mangled along with the price and volume graph.  WTF

[bitcoinerS]

Since number of Bitshare X in circulation goes down over time (it is only 2 billion at start), It would be better and more accurate for exchanges and  http://coinmarketcap.com/ (needs to be notified) to display current supply of BTSX dynamically using a Bitshares X api call. 

[svk]

And it's done, market cap of 32460BTC, 6th place

[liondani]

Yes, bter is the best exchange never had any problems. 

They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

It's still based on 4m hasnt changed. They won't change it will get too confusing.

They just changed supply to 2 billion.
https://bter.com/trade/BTSX_BTC
but forgot to update main page
https://bter.com/ supply for btsx which is still showing 4 million and causing an error in displayed market cap. I sent them a message asking to correct.

I sent them too !

[bitcoinerS]

Yes, bter is the best exchange never had any problems. 

They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

It's still based on 4m hasnt changed. They won't change it will get too confusing.

They just changed supply to 2 billion.
https://bter.com/trade/BTSX_BTC
but forgot to update main page
https://bter.com/ supply for btsx which is still showing 4 million and causing an error in displayed market cap. I sent them a message asking to correct.

[bitcoinerS]

https://bter.com/coininfo/BTSX

Still shows incorrect information.

Specification
▦ Release date: ~2014-07-30 ▦ Total coins: 4000000 ▦ Supply: 4000000 ▦ Market Cap: 32,800 BTC ▦ Algorithm: - ▦ Block time: ~ sec ▦ Block reward: ~ ▦ Retarget: ~ ▦ Proof: -

I sent a message to their support to correct.

update: Looks like they changed it to 2 billion now.

[Bitshark]

Yes, bter is the best exchange never had any problems. 

They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

It's still based on 4m hasnt changed. They won't change it will get too confusing.

[Bitshark]

Yes, bter is the best exchange never had any problems. 

[mf-tzo]

They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

[D4vegee]

Bter 
Cryptsy = Horrible

[merockstar]

yeah bter is one of the nicest exchanges

not like the cryptsy scam

Gotta say, I really don't mind waiting for less confirmations. Interface is pretty nice, going to have to compare withdrawal fees to cryptsy-- but if the price is right I think I might be sold.

[JA]

It's hard for me to imagine a profitable business pulling a trick like not adjusting the number of BitShares they're selling people for the supply increase to 2 billion.

But, you guys have me concerned now because I have bought some BTSX from there, so I just reached out to them.

I'll let you know how they respond.

UPDATE: They responded damn near immediately:

Your listing seem to be based on 4,000,000 total BTSX, but the BitShares team just increased the number to 2,000,000,000.

If i buy BTSX from your exchange, am I buying 1 BitShares regardless of how many there are on release, or will you adjust the number to match the change?

Dear Sir,
Thanks for your information. We will adjust it accordingly
Thanks

I like this exchange so far. I might have to consider switching since I'm all set up with 2fa and stuff now.

yeah bter is one of the nicest exchanges

not like the cryptsy scam

[merockstar]

It's hard for me to imagine a profitable business pulling a trick like not adjusting the number of BitShares they're selling people for the supply increase to 2 billion.

But, you guys have me concerned now because I have bought some BTSX from there, so I just reached out to them.

I'll let you know how they respond.

UPDATE: They responded damn near immediately:

Your listing seem to be based on 4,000,000 total BTSX, but the BitShares team just increased the number to 2,000,000,000.

If i buy BTSX from your exchange, am I buying 1 BitShares regardless of how many there are on release, or will you adjust the number to match the change?

Dear Sir,
Thanks for your information. We will adjust it accordingly
Thanks

I like this exchange so far. I might have to consider switching since I'm all set up with 2fa and stuff now.

[cass]

Bter:  Total coins: 4.000.000
btx38: Total coins: 2.000.000.000

edit:
bitshares.org Total coins: 8.000.000

BitShares.org shouldn't list total coins in any system.

k so i'll clean up it now .. right?

updated ---

[cass]

Bter:  Total coins: 4.000.000
btx38: Total coins: 2.000.000.000

edit:
bitshares.org Total coins: 8.000.000

BitShares.org shouldn't list total coins in any system.

k so i'll clean up it now .. right?

[cass]

btx38: Total coins: 2.000.000.000

How did you make up that number? Any sources?

http://www.btc38.com/altcoin/btsx/

sry i meant btc38 ... spelling mistake on my side i guess

[xeroc]

Bter:  Total coins: 4.000.000

*confirmed*

btx38: Total coins: 2.000.000.000

How did you make up that number? Any sources?

Wouldn't that conclude that the price between BTX38 and bter should differ in magnitudes?
Isn't that a mess?

[clout]

Does this mean that you do not have to have pts in your personal wallet to get honored for future snapshots?

[toast]

2,000,000,000

exchanges should (carefully) update appropriately

[ninja]

Bter:  Total coins: 4.000.000
btx38: Total coins: 2.000.000.000

edit:
bitshares.org Total coins: 8.000.000

BitShares.org shouldn't list total coins in any system.

Very confused... what is the official total coin of BTSX?
- Wiki page: http://wiki.bitshares.org/index.php/Bitshares_X: 2,000,000,000
- Bter
- btx38
- http://bitshares.org/banking-learn-more/: 8,000,000

Please confirm!

[bytemaster]

Bter:  Total coins: 4.000.000
btx38: Total coins: 2.000.000.000

edit:
bitshares.org Total coins: 8.000.000

BitShares.org shouldn't list total coins in any system. 

[cass]

Bter:  Total coins: 4.000.000
btx38: Total coins: 2.000.000.000

edit:
bitshares.org Total coins: 8.000.000

[dovaboy]

ive been buying... that bad right now?

A tad risky because the market doesn't know "what" these are exactly yet... but perhaps that means you get a good deal.

i hope so, i cant believe we wait so long, and then see guys "short" it (kinda) as soon as the trade is available before we know anything. on the same hand maybe why i shouldnt buy them up either...
Waited and talked so much about that whole thing to people that i cant run, they already think i need a tinfoil hat when i talk about this stuff. this is where we always say dont be emotional too when buying/selling. hope it goes well. you know so many people are deeply pleased inside no matter if they admit it or criticize. the treachery you guys went through to get here. thanks for all the hard work.

[bytemaster]

ive been buying what others are seling. is that bad right now?

A tad risky because the market doesn't know "what" these are exactly yet... but perhaps that means you get a good deal.

[dovaboy]

ive been buying what others are seling. is that bad right now?

[toast]

BTSX from PTS snapshot that exchange holds. Trading IOUs for btsx that will be allocated to keys the exchange owns.

[liondani]

https://bitsharestalk.org/index.php?topic=5471.0   

[Bitshark]

Are these the officially issued DACshares? What are these?