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merockstar

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weak returns on this one it seems.
« on: July 27, 2014, 07:08:35 AM »

not complaining, just curious how it turned out for others. I just did my math.


I had donated ~93$ (used both currencies so I converted to fiat for easier math) to AGS before the end of may.

when I added up how many lottoshares I'm getting, it worked out to about 9 dollars worth, based on current LTS price

for a running profit of -84 dollars on my AGS so far (i didn't get in before feb 28th, so this is the only return I've made so far)

like I said, I'm not complaining, I plan to hold and hopefully the price will go up/the DAC will return dividends.

how'd everybody else make out?

have donated a lot more since may, so looking forward to see how I make out on future DACs as well.

Offline CLains

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Re: weak returns on this one it seems.
« Reply #1 on: July 27, 2014, 01:12:32 PM »
technically you have not made anything, as you cannot sell yet? and when you can sell the value from AGS will likely have come from BitShares Lotto, DNS, Vote, and Music.

things will take some time now as exchanges get used to DPOS, we fix the wallet and interface and properly manage the incentives for people to vote in a manner that is productive to the BitShares ecology. once that is done I believe it is essential to show the power of Delegates paid with inflation..
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merockstar

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Re: weak returns on this one it seems.
« Reply #2 on: July 27, 2014, 05:38:56 PM »
technically you have not made anything, as you cannot sell yet?

ah but you can. https://bter.com/trade/lts_btc

bter seems to like this community.

and when you can sell the value from AGS will likely have come from BitShares Lotto, DNS, Vote, and Music.

things will take some time now as exchanges get used to DPOS, we fix the wallet and interface and properly manage the incentives for people to vote in a manner that is productive to the BitShares ecology. once that is done I believe it is essential to show the power of Delegates paid with inflation..

I agree. that's why I'm not complaining. I was just surprised to see only a 1/10th return is all.

Offline cass

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Re: weak returns on this one it seems.
« Reply #3 on: July 28, 2014, 12:35:51 AM »
Quote
ah but you can. https://bter.com/trade/lts_btc

wow great -- didn't notice this before
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Offline Gentso1

Re: weak returns on this one it seems.
« Reply #4 on: August 19, 2014, 11:14:44 PM »
Quote
ah but you can. https://bter.com/trade/lts_btc

wow great -- didn't notice this before
also didn't know this.....
 bter I  :-* U

Offline Riverhead

Re: weak returns on this one it seems.
« Reply #5 on: August 19, 2014, 11:17:08 PM »
You can buy and sell lts but your allocations from ags and pts won't mature until later.

merockstar

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Re: weak returns on this one it seems.
« Reply #6 on: August 28, 2014, 12:29:52 AM »
update: glad Im hodling strong. :)

Offline GaltReport

Re: weak returns on this one it seems.
« Reply #7 on: August 28, 2014, 12:33:45 AM »
You can buy and sell lts but your allocations from ags and pts won't mature until later.

This I think has been an issue.  I got allocations from PTS but can't use any of them so I don't really do anything with it. :(

I can understand the reasoning but I think some of them won't be available for over a year....kinda takes the fun out of it.

Offline JakeThePanda

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Re: weak returns on this one it seems.
« Reply #8 on: August 28, 2014, 12:44:50 AM »
update: glad Im hodling strong. :)

I don't really know what you were complaining about in the first place.  LottoShares was a complete surprise.

merockstar

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Re: weak returns on this one it seems.
« Reply #9 on: August 28, 2014, 12:47:36 AM »
update: glad Im hodling strong. :)

I don't really know what you were complaining about in the first place.  LottoShares was a complete surprise.

wasn't complaining. just being observant.

Offline Akado

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Re: weak returns on this one it seems.
« Reply #10 on: August 28, 2014, 12:48:10 AM »
wow i planned on buying some but ended up not doing so. Congrats!
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merockstar

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Re: weak returns on this one it seems.
« Reply #11 on: August 28, 2014, 12:53:13 AM »
wow i planned on buying some but ended up not doing so. Congrats!

you have some if you held ags/pts on it's snapshot date

Offline stanno

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Re: weak returns on this one it seems.
« Reply #12 on: September 02, 2014, 09:31:21 PM »
update: glad Im hodling strong. :)

I don't really know what you were complaining about in the first place.  LottoShares was a complete surprise.

yeah it was!!  i sent my PTS  to an exchange to sell, at block 65970.  Yep, that's 11 blocks befroe the snapshot for LottoShares was taken.  Snapshot for LottoShares was taken at block 65959.  I had to double check everything, since the date for LTS snapshot was 5/31 and that's the same date i sent the PTS from my wallet. 

complete dumb luck on my part, considering i just found out about the LTS snapshot about 2 days ago.

as for return on investment, the big return so far has been BTSX.  from nearly 6 PTS, i got 3624 BTSX, with a current value of .21 BTC.   that's more than i paid for my PTS, plus i got BTC back when i sold them.  win win

  i ended up losing some BTC on the PTS tx's, but more than made up for it with the BTSX distribution. 

when i got my BTSX, i sold half, and put that BTC back into PTS, so i would be ready for the snapshot on Aug 21.  This time i'll just hold the PTS.  don't want to mess around and end up losing out on any surprise DAC releases.

 

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