Quote from: 小宝马2014 on October 24, 2014, 02:39:32 am

Quote from: Stan on October 24, 2014, 02:03:06 am

Quote from: cranecpa on October 24, 2014, 01:53:42 am

Quote from: bigcat on October 23, 2014, 06:31:33 pm

如果合并对BTS有害，像BM那么聪明的人会选择做这种吃力不讨好的事吗？当然是因为他认识到合并才能最大程度的发挥每个DAC的效能，达到共赢的局面。BM的提议经常会造成很大的争议，但是无一例外都是对BTS有益的。当初有多少人说BM画饼，人家还是把东西做出来了。BTS不是一般的山寨币可以比的，所以争议也会特别多。这有这样才能从众多山寨中脱颖而出。

BM是神吗？BM每一决定都是对的吗？

Not every decision is perfect, but I would rather trust his track record and judgement than follow the opinion of someone picked at random from the street who is not developing a revolutionary new crypto industry.  Would't you?   

We believe that the pts and dns should not be locked, Please reconsider our opinions.

Yes, I hate that too.
But remember when we first started talking about the benefits of the self-funding model?
Many BTSX holders did not want to consider dilution,
even when it was really Net Value Infusion.
So to achieve the merger, we had to consider their concerns too.

We wanted to avoid great discontinuities in share count.
We needed to let the new shares come in gradually to avoid market transients.
We set a max limit of 50 BTS per block for all purposes.
Remember Bitcoin's 50 BTC per block?
Then we could point out to everyone the similar precedent for Bitcoin
And how much better it is
for BitShares to buy value while Bitcoin burns value.

PTS and DNS were on track to add value to the industry over the coming years.
So the shares that represent that value must phase in over a similar period.

Value infusion rate must exceed share release rate
so share value will grow for everyone

It is such a balancing challenge.
So many factors needed to be considered.
We try to make everyone equally unhappy.
And everyone very rich.

In my opinion, the part for PTS and DNS should be frozen, because they are liquid. For AGS, no problem.