Investment into this idea..

[starspirit]

OK, So I'm interested in investing into the Insurance DAC.

Please bare with me when I ask (and I feel like a noob) BUT, how do I invest into this DAC with the hope of it booming some day?

Yes, I'm a little behind in the BTS world and I will find my feet soon..

Thanks guys.

I think we need a crowdsale for this.

is there a business plan?

[luckybit]

OK, So I'm interested in investing into the Insurance DAC.

Please bare with me when I ask (and I feel like a noob) BUT, how do I invest into this DAC with the hope of it booming some day?

Yes, I'm a little behind in the BTS world and I will find my feet soon..

Thanks guys.

I think we need a crowdsale for this.

[NineLives]

Ordered 1000PTS

Music is something I have a passion for.  An industry that will never go bust in my opinion.

Will buy more without burning to much BTSX.

[xeroc]

Excellent..

So, in terms of sensible advise, its a good thing to buy as much PTS as I can afford?

no promises. but imho PTS, BTSX, and BTC are the best things to be buying right now.

PTS:

https://cryptrader.com/charts/bter/pts/btc

[merockstar]

Excellent..

So, in terms of sensible advise, its a good thing to buy as much PTS as I can afford?

no promises. but imho PTS, BTSX, and BTC are the best things to be buying right now.

[xeroc]

So, in terms of sensible advise, its a good thing to buy as much PTS as I can afford?

if you want as much stake in MUSIC as possible.. than you should by as much PTS as you can ..

... not an investment advice (tm) ....

[NineLives]

Excellent..

So, in terms of sensible advise, its a good thing to buy as much PTS as I can afford?

[merockstar]

OP seems unclear about the nature of his AGS.

OP, your AGS will be snapshotted with the release of every new DAC (this will include the insurance DAC when somebody gets around to it). It doesn't matter if you've claimed btsx from your AGS already, AGS aren't a one time use thing.

PTS will also be snapshotted. 10% to AGS holders, and 10% to PTS holders is the social consensus, so most new DACs will offer at least that. The more PTS you're holding on the snapshot day, the more shares you can get in the new DACs (in addition to your previously established AGS holdings). PTS do not get drained when you claim them for a snapshot, they are a multiple use thing as well.

In a way of thinking, PTS are kind of like liquid Angelshares.

[Riverhead]

A side question.  Does AGS need to be imported into our Bitshares X wallet.  If PTS investment is made (I'm about to buy PTS), what then?  Import into Bitshares X wallet also? How do i ensure my investment is counted in future DAC's?

Future DAC's will always snapshot PTS. If you buy PTS today there isn't anything to gain by importing your PTS wallet into an existing DAC as that balance was captured at time of snapshot. Future DAC's will snapshot the PTS chain. You just have to have the PTS stored at addresses for which you control the private keys so you can claim the new token in the new blockchain.


The only exception to this seems to be future clones/extensions/products based on BitSharesX. There was mention that that particular blockchain would have a snapshot taken.


Bottom line: For future DAC's like Insurance, Music, Gaming, etc. just hold the PTS in addresses for which you hold the private keys and you'll be good.

[Shentist]

A side question.  Does AGS need to be imported into our Bitshares X wallet.  If PTS investment is made (I'm about to buy PTS), what then?  Import into Bitshares X wallet also? How do i ensure my investment is counted in future DAC's?

if you hold PTS at the snapshot day your stake will be available with importing your privat key in the new DAC wallet. No need to import now your PTS keys into BTSX client if you didn't holded them in Feb. 28 2014.

PTS are "only" good for a stake in future DACs.

[NineLives]

A side question.  Does AGS need to be imported into our Bitshares X wallet.  If PTS investment is made (I'm about to buy PTS), what then?  Import into Bitshares X wallet also? How do i ensure my investment is counted in future DAC's?

[tonyk]

Does my past AGS investment count? (in Feb 2014).

Yes, your AGS donations count, for future DACs.

[xeroc]

Does my past AGS investment count? (in Feb 2014).

sure ..

[NineLives]

Does my past AGS investment count? (in Feb 2014).

[Riverhead]

PTS is cheap right now. I plan to buy much more in preparation for Music snapshot

[NineLives]

OK, wait,

I invested all my BTC and PTS in AGS back in Feb or March (before the first snapshot deadline).  Then imported BTSX into my new wallet.  This means I have some AGS according to the AGS explorer.

Or I don't mind even investing some into BitPTS.  Buy them from where, the market in the wallet or BTER maybe?

Ta guys.

[Troglodactyl]

So PTS is still worth keeping?  Dam, I AGS converted all mine

AGS works too, but you can't get any more of it, so to get in further you'll have to use PTS.

[bytemaster]

So PTS is still worth keeping?  Dam, I AGS converted all mine

AGS gets you a stake in Insurance same as holding PTS forever.

[NineLives]

So PTS is still worth keeping?  Dam, I AGS converted all mine

[xeroc]

The insurance DACs has not yet been officially announced by anyone who is willing to run and maintain it .. so I don't see a 'good' way to invest in them currently.

However, they have to give at least 10% to PTS holders so you might consider holding some of those for the snapshot (whenever it will come)

[NineLives]

OK, So I'm interested in investing into the Insurance DAC.

Please bare with me when I ask (and I feel like a noob) BUT, how do I invest into this DAC with the hope of it booming some day?

Yes, I'm a little behind in the BTS world and I will find my feet soon..

Thanks guys.