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If we were to buy back PTS with AGS funds then we would only do so after discussing with the forum and in a very public / controlled way. We will not secretly buy back PTS with AGS funds. I still maintain that it is not a good idea and thus not likely to happen.
Quote from: masking on February 22, 2014, 05:52:04 amQuote from: bytemaster on February 20, 2014, 06:37:42 amQuote from: toast on February 20, 2014, 12:16:57 amWill you guys ever buy back PTS, for example to spread your huge BTS stash?That would be like a growing tech company doing a stock buy back rather than investing in developing real products just after the IPO. So, you will buy back PTS or not?We would only do a buy back if we felt that PTS was way undervalued and we felt we could make money for AGS holders through buying back PTS.... waiting for them to grow in value, and then selling them again to result in greater capital for Invictus to work with. I will not tie my hands any particular way, but I will say that I would not do so in some misguided attempt to manipulate the market as that would be a quick way to lose money.
Quote from: bytemaster on February 20, 2014, 06:37:42 amQuote from: toast on February 20, 2014, 12:16:57 amWill you guys ever buy back PTS, for example to spread your huge BTS stash?That would be like a growing tech company doing a stock buy back rather than investing in developing real products just after the IPO. So, you will buy back PTS or not?
Quote from: toast on February 20, 2014, 12:16:57 amWill you guys ever buy back PTS, for example to spread your huge BTS stash?That would be like a growing tech company doing a stock buy back rather than investing in developing real products just after the IPO.
Will you guys ever buy back PTS, for example to spread your huge BTS stash?
I think the window for getting low price PTS only couple hours on 28th. 3I has controlled almost 2/3 PTS(1M) through AGS /mining and early buy in. so you can not expect 3I can hand off on pts price dropping on and after 28th. Quote from: Markus on February 17, 2014, 07:30:07 amNow that everybody seems to think that PTS will drop sharply in value on midnight 28/2 the illiquidity of AGS seems to become secondary.I expect PTS donations to reach 10-12 k a day quite soon and then level off until the night of nights
Now that everybody seems to think that PTS will drop sharply in value on midnight 28/2 the illiquidity of AGS seems to become secondary.I expect PTS donations to reach 10-12 k a day quite soon and then level off until the night of nights
Quote from: sumantso on February 17, 2014, 06:27:53 amQuote from: trader on February 17, 2014, 01:45:03 amIs anyone else holding out for 100 AGS/BTC again before they donate more?No chance before Feb 28. With all the new updates, AGS will give you almosr 3x Bitshares than PTS.In fact, I expect people to sell off PTS to get more AGS.Can you elaborate? I thought AGS will give the same amount of BTS as PTS. How is it giving you 3x bitshares? (Perhaps I missed an update somewhere)
Quote from: trader on February 17, 2014, 01:45:03 amIs anyone else holding out for 100 AGS/BTC again before they donate more?No chance before Feb 28. With all the new updates, AGS will give you almosr 3x Bitshares than PTS.In fact, I expect people to sell off PTS to get more AGS.
Is anyone else holding out for 100 AGS/BTC again before they donate more?