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Offline wesphily

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What is the Counter For?
« on: July 15, 2014, 01:14:55 PM »

I'm sure I missed something but, what is the counter for on the forum. I think it is for a snapshot but, I am not sure what for. Anybody know?

Offline mitao

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Re: What is the Counter For?
« Reply #1 on: July 15, 2014, 01:16:39 PM »
Ags donation


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Offline wesphily

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Re: What is the Counter For?
« Reply #2 on: July 15, 2014, 01:19:52 PM »
For what? If a person donates AGS then what do they get a share of?

Offline biophil

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Re: What is the Counter For?
« Reply #3 on: July 15, 2014, 01:26:59 PM »
For what? If a person donates AGS then what do they get a share of?

There is an excellent FAQ on the bitshares website: http://bitshares.org/faq/

The middle column is all about AGS.

Offline wesphily

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Re: What is the Counter For?
« Reply #4 on: July 15, 2014, 01:35:38 PM »
I know what ags is. The last ags snapshot was for bitshares x..............What is this one for?

Offline Stan

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Re: What is the Counter For?
« Reply #5 on: July 15, 2014, 01:45:28 PM »
Once Day 200 arrives this week, the state of the donation chains on that day will be used for all other DACs.  So we are counting down to the mega default Snapshot at the End of Time...

The Mayan calendar can't touch this!

...

As far as AGS donors are concerned, Day 200 might as well be...

The Snapshot at The End of Time


for every remaining BitShares DAC that will ever be released.   Since nothing about AGS will change after that.  Day 200 is the terminal AGS snapshot - regardless of when subsequent DAC PTS snapshots may be announced.
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.

Offline feedthemcake

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Re: What is the Counter For?
« Reply #6 on: July 15, 2014, 01:47:37 PM »
Once Day 200 arrives this week, the state of the donation chains on that day will be used for all other DACs.  So we are counting down to the mega default Snapshot at the End of Time...

The Mayan's can't touch this!

...

As far as AGS donors are concerned, Day 200 might as well be...

The Snapshot at The End of Time


for every remaining BitShares DAC that will ever be released.   Since nothing about AGS will change after that.  Day 200 is the terminal AGS snapshot - regardless of when subsequent DAC PTS snapshots may be announced.

I have been checking the donations nearly everyday since I discovered bitshares around March 2nd...this feels like a monumentally important week to get information out there for donations. "This is your last chance!"

Offline wesphily

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Re: What is the Counter For?
« Reply #7 on: July 15, 2014, 01:53:24 PM »
That's kinda why I was asking. I don't think anybody trully knows what this snapshot is for. Also, it sounds like this is the last snapshot? I wouldn't say I'm hardcore on knowing everything about bitshares but, I definitely try to read first. If I was unable to arrive at a clear answer then I'm sure others are not able to as well which is why the donations are low. Maybe that is on purpose? People who do understand don't want return to decrease due to high number of donators?

Offline gyhy

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Re: What is the Counter For?
« Reply #8 on: July 15, 2014, 01:55:01 PM »

Offline wesphily

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Re: What is the Counter For?
« Reply #9 on: July 15, 2014, 01:57:04 PM »
Not sure how that link is supposed to help. It identifies that it is for ags donations and, when it ends. Does not easily identify what it is for. Maybe that is because we don't really know what it is for? I'm sure it will be good but, it is hard to tell.

Offline Stan

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Re: What is the Counter For?
« Reply #10 on: July 15, 2014, 02:11:42 PM »

I have been checking the donations nearly everyday since I discovered bitshares around March 2nd...this feels like a monumentally important week to get information out there for donations. "This is your last chance!"

Reminds me of a classic quote:

Quote
"Time's up. Had your chance. Muffed it."

-- Lord Scrumptious, Chitty Chitty Bang Bang, 1968

 :)

Seriously, this forum and bitshares.org are full of information, some dating to last Christmas:


« Last Edit: July 15, 2014, 02:13:36 PM by Stan »
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.

Offline liondani

Re: What is the Counter For?
« Reply #11 on: July 15, 2014, 02:11:49 PM »
"This is your last chance!"

No it is not! You can still buy BitShares-PTS and leave them in your wallet!
Ok you will get 1/3 of future DACS compared with donating for AGS right now, but I am quite sure, because it will be the only chance to participate in future DACs after donation's end's, the price will rise the next days and week's...;) (+ they are liquid! + DPOS very soon?)
« Last Edit: July 15, 2014, 02:13:54 PM by liondani »
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline wesphily

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Re: What is the Counter For?
« Reply #12 on: July 15, 2014, 02:54:10 PM »
In a roundabout way you guys answer my question. Basically, we don't know what the ags snapshot is for except that it is for a DAC. What DAC? Nobody knows for sure yet?

Would it be safe to summize that ags is the risky and more rewarding path. (risky because it isn't liquid and you have no idea what you will really get back except for some share of a dac that doesn't exist yet.) PTS is the safer less rewarding path? (safer because you can gtfo if you want to.)

Offline toast

Re: What is the Counter For?
« Reply #13 on: July 15, 2014, 02:58:48 PM »
The countdown is to the end of AGS donations, not to a snapshot.

So for which DAC is the "snapshot"? For every future DAC that honors AGS.

Some in the pipeline include the DNS DAC, the lotto DAC, the voting DAC.
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.

Offline wesphily

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Re: What is the Counter For?
« Reply #14 on: July 15, 2014, 03:04:13 PM »
The countdown is to the end of AGS donations, not to a snapshot.

So for which DAC is the "snapshot"? For every future DAC that honors AGS.

Some in the pipeline include the DNS DAC, the lotto DAC, the voting DAC.

Yup. So AGS donars are banking on people not understanding this so that they get the best bang for their buck on ags and, their pts holdings increase when people find out it is too late for ags. (directly or indirectly)

EDIT: Makes better sense why people wouldn't want to blast out hard about the end of ags.

 

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