I am aware of that, but let's have an official announcement from bter
Who is from bter here?

User "freeworm" has been the Bter spokesperson here in the past.

Neat! I'm sure you've thought of this, but please make sure to contact exchanges and let them know not to delist post-snapshot. I've seen some language on Bter that suggests they're planning to.

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why not   AGS10% PTS10% BTS10%？

Too much. It's already hard to explain why they should give 20% away, and you want them to give 30%?

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Quote from: Riverhead on October 24, 2014, 05:38:41 pm

Quote from: CLains on October 24, 2014, 05:22:55 pm

I vote simplicity: 20% to BTS is complicated enough.

It could be argued that the only way to buy the GENESIS asset is with BTS so it's effectively adding a wasted step. However, it could also be argued that there is opportunity cost in holding GENESIS in the hopes a great new DAC comes along to increase its value or give you a cheaper foothold in the new product.

Also, it depends how we view the social contract: Which of these better captures the spirit?
(a) Early risk takers bought into an unknown team developing an unknown product with the promise their early risk would pay dividends for years in every new product.
(b) New DAC developers will want to airdrop to GENESIS holders because they'll gain instant community support and to some extent user base.

Either way if GENESIS is liquid it's a moot point. Those that view (a) would hold and those that view (b) would sell or buy with the market.

BM said in mumble that he recommends the PTS/AGS 10/10% continue indefinitely, instead of honoring BitShares. If they are not liquid it would not be a way to buy in though.

Yeah, I think if we continue with snapshots, at least one of the snapshotted assets needs to be liquid.

ok, so i just have to keep all my DNS in my wallet by 5th and im fine? what happens to the bitshares-music snapshot that was made, as it has not been honored yet and i sold my bitshares pts after the music snapshot?

is the vote snapshot still gonna be honored?

The Music snapshot will (as of now, anyway) still give you NOTEs just like they said it would.

The VOTE snapshot is being rolled into the new BitShares. There will never be a separate Vote blockchain, but if you participated in the Vote snapshot, you'll get extra shares of the new BitShares (BTS).

One of the pressing questions we face in the long-term is the issue of 3rd-party DAC developers and who they should airdrop to. Here are the options that I've seen discussed (my favorite option is #3 or #4, btw):

1. We could leave AGS as-is, and port only PTS into GENESIS (user-issued asset on BTS). That way, GENESIS is essentially PTS 2.0, and we preserve the idea that AGS is the illiquid share class, PTS is the liquid one.

2. There have been at least two proposals (by Shentist and emski, I believe) to create a user-issued asset on the new BTS called GENESIS and snapshot it 50/50 AGS/PTS. Then new DACs would honor GENESIS with a 20% snapshot. I'm not crazy about combining AGS with anything like that. IMO, AGS should be left alone (disclosure: I own only 12 AGS; I'm not speaking from dishonest bias here).

3. Let PTS end, but preserve AGS. Now, 3rd-party devs would be recommended to honor 10% AGS and 10% BTS. It does still give a slight preference to pre-Feb28 donators, but only a slight one, and preserves the original intentions of AGS. It ends PTS, which simplifies the marketing message (PTS was always a weird idea, don't you think?).

4. Invictus has floated the idea that they should honor the new BTS with 20%. The rationale is that the new BTS snapshotted AGS/PTS and thus honoring BTS is like honoring AGS/PTS. The dramatic flaw in this proposal is that it gives a huge preference to pre-Feb28 AGS donators. For that reason, I strongly oppose this option because it's severely unfair to those who donated after the original BTSX snapshot.


Discuss.

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It would be awesome if I could go somewhere in the client and see account totals. Here's a sample list of data that would be nice:

Total short of bitXXX
Total long of bitXXX (with a subcategory showing how much is on orders)
Total BTSX (with a subcategory showing how much is on orders)
Total BTSX collateralizing my margin orders
Net Account value: add up all longs (including those in open orders), all shorts, all collateral, and whatever else to show "here's how much my wallet is worth."

The last one could even be two values: one based on price feeds and one based on actual current market prices. This latter would represent "how much my wallet would be worth if I went through and manually traded everything to BTSX."