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Should I be doing something?

Started by progmac, August 13, 2014, 06:14:03 PM

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progmac

#11
well last night i finally 'did something.'
i created a new account, transferred my genesis stake, registered the new account, and then made another new account, sent it all to that account, and registered that account, and backed the whole thing up to a removable drive. hopefully i did that right.   it took a minute but fortunately i had the time last night.
if you want to support my incoherent ramblings
Bitshares PTS: PrziMMpXMMu948j5H7yvj3Ry8mnZBbsMYR

onceuponatime

Quote from: progmac on August 13, 2014, 06:14:03 PM
I have a handful of AGS from before the Feb. 28 snapshot. I understand that this entitles me to some BTS X and maybe future projects.  I don't have any interest in liquidating or trading anything. I haven't downloaded the BTS X wallet etc.

Do I need to be actively doing anything or can I just sit here indefinitely?

"Actively doing" something (such as downloading the wallet, trying it out and spreading the word about how incredibly fast it is) might help turn your small investment into a much bigger one  ;D.

xeroc

- you can just send all your stake to yourself .. thats a new transaction an a new year (365 days)
- the inactivity fee of 5% is currently not implemented yet .. (plenty of time left to do) :)

progmac

Quote from: oco101 on August 13, 2014, 06:31:15 PM
Quote from: progmac on August 13, 2014, 06:28:09 PM
Quote from: xeroc on August 13, 2014, 06:21:47 PM
You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi
What constitutes "moving a stake?"

You need in the next 360 day to import your wallet and then you need to move your Btsx tokens from one account to another too.
I'm glad that I asked. I'll make sure to get on this before I forget and a year goes by.
if you want to support my incoherent ramblings
Bitshares PTS: PrziMMpXMMu948j5H7yvj3Ry8mnZBbsMYR

biophil

Quote from: oco101 on August 13, 2014, 06:31:15 PM
Quote from: progmac on August 13, 2014, 06:28:09 PM
Quote from: xeroc on August 13, 2014, 06:21:47 PM
You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi
What constitutes "moving a stake?"

You need in the next 360 day to import your wallet and then you need to move your Btsx tokens from one account to another too.

As I understand it, all you have to do is send your entire balance to yourself.
Support our research efforts to improve BitAsset price-pegging! Vote for worker 1.14.204 "201907-uccs-research-project."

Riverhead

Quote from: oco101 on August 13, 2014, 06:31:15 PM
Quote from: progmac on August 13, 2014, 06:28:09 PM
Quote from: xeroc on August 13, 2014, 06:21:47 PM
You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi
What constitutes "moving a stake?"

You need in the next 360 day to import your wallet and then you need to move your Btsx tokens from one account to another too.


Can you move it to the same account? Basically just doing a transaction like updating your votes? I have Genesis->Account but haven't moved them since then and I'm not certain the initial Genesis->Account counts as a move.


oco101

#5
Quote from: progmac on August 13, 2014, 06:28:09 PM
Quote from: xeroc on August 13, 2014, 06:21:47 PM
You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi
What constitutes "moving a stake?"

You need in the next 360 day to import your wallet and then you need to move your Btsx tokens from one account to another too.

progmac

Quote from: xeroc on August 13, 2014, 06:21:47 PM
You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi
What constitutes "moving a stake?"
if you want to support my incoherent ramblings
Bitshares PTS: PrziMMpXMMu948j5H7yvj3Ry8mnZBbsMYR

xeroc

You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi

oco101

#2
Quote from: progmac on August 13, 2014, 06:14:03 PM
I have a handful of AGS from before the Feb. 28 snapshot. I understand that this entitles me to some BTS X and maybe future projects.  I don't have any interest in liquidating or trading anything. I haven't downloaded the BTS X wallet etc.

Do I need to be actively doing anything or can I just sit here indefinitely?

You don't need to import them right away if you don't feel like it, I din't either, I downloaded the wallet just to play with.
Yup you'll have token in the upcoming DAC that honor the AGS and PTS. There are two snapshots happening in August !!

progmac

I have a handful of AGS from before the Feb. 28 snapshot. I understand that this entitles me to some BTS X and maybe future projects.  I don't have any interest in liquidating or trading anything. I haven't downloaded the BTS X wallet etc.

Do I need to be actively doing anything or can I just sit here indefinitely?
if you want to support my incoherent ramblings
Bitshares PTS: PrziMMpXMMu948j5H7yvj3Ry8mnZBbsMYR