Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: PTS Post Snapshot will likely fall again.  (Read 611 times)

0 Members and 1 Guest are viewing this topic.

Offline bytemaster

PTS Post Snapshot will likely fall again.
« on: August 03, 2014, 05:51:36 PM »

PTS will probably see another fall off in value after these snapshots.... this will impact mining.   We should plan ahead for this.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline toast

Re: PTS Post Snapshot will likely fall again.
« Reply #1 on: August 03, 2014, 07:56:12 PM »
I have been working with testz on both short-term and long-term solutions for this. When it is ready we will approach community with options: 1) difficulty patch to KGW, 2) difficulty patch and then migrate to new DPOS chain later, 3) stop-network patch and migrate to new DPOS chain sooner
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 Shentist

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 1605
    • View Profile
    • metaexchange
  • BTS: shentist
Re: PTS Post Snapshot will likely fall again.
« Reply #2 on: August 03, 2014, 08:23:40 PM »
Quote
Posted by: bytemaster
« on: Today at 05:51:36 PM » Insert Quote
PTS will probably see another fall off in value after these snapshots.... this will impact mining.   We should plan ahead for this.

no suprise here.

@toast
do you have a timeline for all 3 options?

clout

  • Guest
Re: PTS Post Snapshot will likely fall again.
« Reply #3 on: August 03, 2014, 08:27:53 PM »
Why does pts need its own blockchain?

Offline sudo

  • Hero Member
  • *****
  • Posts: 2191
    • View Profile
  • BTS: ags
Re: PTS Post Snapshot will likely fall again.
« Reply #4 on: August 19, 2014, 03:13:01 PM »
I have been working with testz on both short-term and long-term solutions for this. When it is ready we will approach community with options: 1) difficulty patch to KGW, 2) difficulty patch and then migrate to new DPOS chain later, 3) stop-network patch and migrate to new DPOS chain sooner

pow just like a Blood drawing machine

It's a pitty BTS vote  can't be used right now for all PTS holder to choose the future.


why not do this :
1.snapshot aug21(use the same snapshot with DNS&vote)
2.embedded pts into bitshares x as a Bitasset(new bitshares client)
3.give back the rest pts(300K+) to the ags donater(use pts) & pts keepers(snapshot)  by the shares percent
4.let people get pts in bitshares x  through the private key(like get btsx)

then  we can trede  directly   pts-cny、pts-btsx     in  bitsharesx  instead of  btc38 or bter


PTS as a bitasset  in bitsharesx
we can trade pts-bts  pts-cny  in low fees   instead of  btc38  0.1%fee
direct  pts-bts   not  pts-cny  cny-bts  in btc38  with  fee 0.2%

pts  is just a liquid  stock rights ,why not  chang into a bitasset  in Bitsharesx market?

if PTS(dpos) a new client  there will be  101+ new  delegate   & payment  is a waste

pts  as a asset in bitshares X with 2m total num is equal to AGS
but if  pts is a single  dpos ,  when it burns after few years, maybe  pts1.5m, AGS sitll 2m, it's not fair, that's a Naked plunder to agser
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline sudo

  • Hero Member
  • *****
  • Posts: 2191
    • View Profile
  • BTS: ags
Re: PTS Post Snapshot will likely fall again.
« Reply #5 on: August 19, 2014, 04:07:00 PM »
money  in PTS pools just like a small pond, water is very shallow, still let POW pumping money out,
die-hard fans  really going to die.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Riverhead

Re: PTS Post Snapshot will likely fall again.
« Reply #6 on: August 19, 2014, 04:22:55 PM »
PTS' real value is that it gives you stake in ALL future DACs. The producers of the DACs can use these earlier releases to determine the PTS/DACShare ratio. It should self regulate.

Offline yellowecho

Re: PTS Post Snapshot will likely fall again.
« Reply #7 on: August 19, 2014, 04:40:58 PM »
Then ,what is PTS's advantage anyway ?  The price fall is kinda like I buy the child-DAC with money indirectly.

Any buying child-DAC directly would risk less if a delay like 228 happen again.

PTS acts like a pre-sale for the child-DAC.  You could buy the child-DAC after its released but you also risk price volatility on launch.  PTS price drop occurs more now because there are less snapshots; however, I suspect it will stabilize as the Bitshares ecosystem grows and snapshots become a regular occurrence.
696c6f766562726f776e696573

Offline unsoindovo

  • Full Member
  • ***
  • Posts: 120
    • View Profile
Re: PTS Post Snapshot will likely fall again.
« Reply #8 on: August 19, 2014, 08:23:01 PM »
I have been working with testz on both short-term and long-term solutions for this. When it is ready we will approach community with options: 1) difficulty patch to KGW, 2) difficulty patch and then migrate to new DPOS chain later, 3) stop-network patch and migrate to new DPOS chain sooner

i think the best solution it is on point 1)
difficulty patch to KGW or something else!!

Offline Brekyrself

  • Sr. Member
  • ****
  • Posts: 352
    • View Profile
Re: PTS Post Snapshot will likely fall again.
« Reply #9 on: August 21, 2014, 10:52:41 PM »
With the PTS price so low are people still going to sell?  Buy depth is very lacking and any major sell offs would drop the price significantly.

Offline yellowecho

Re: PTS Post Snapshot will likely fall again.
« Reply #10 on: August 22, 2014, 12:49:18 AM »
With the PTS price so low are people still going to sell?  Buy depth is very lacking and any major sell offs would drop the price significantly.

Yeah I don't really expect much of a sell off since volume is already low... but if it does I'm definitely buying.
696c6f766562726f776e696573

Offline Empirical1

  • Hero Member
  • *****
  • Posts: 884
    • View Profile
Re: PTS Post Snapshot will likely fall again.
« Reply #11 on: August 22, 2014, 03:27:32 AM »
Glad to see a healthy drop in PTS, means there was a lot of value in there for the snapshot, BitShares DNS in particular probably. Depending how feature rich the initial release is, it could have a $4 million+ opening CAP. That would put it top 15 out the gate.(Really looking forward to the auction feature, beside mitigating squatting, I think that's going to generate a lot of interest in the DAC.)
So top 10 easy, soon enough :) 

Offline Riverhead

Re: PTS Post Snapshot will likely fall again.
« Reply #12 on: August 22, 2014, 05:27:45 PM »

Yeah I don't really expect much of a sell off since volume is already low... but if it does I'm definitely buying.


 +5%  Most under appreciated coin ever IMHO.

 

Google+