If that is the case what is the point of locking bts for Stealth from now?
I guess the point of placing bids is to show your support so that CNX can estimate how their priorities should be aligned.
It's a kind of voting with your money for specific features to be implemented. At least that's how I understand it.
No, it is the usual not thought through process that is so typical for BTS. In other words do not try to find the logic where there is none.
it goes like this - you bid/vote with your money [with not clear definition/explanation how this voting or share distribution works] you do so 6 mo in advance [with no clear idea what is the benefit for you to do so] and in the mean time we (CNX) will chose a feature based on our own and disregarding said voting.
The feature we have pre-determined we gonna select - aka stealth - will have biding in itself, how exactly this works and why it is needed is even more unclear than the voting for the other projects. But it goes something like this - so that the private investor can determine at what price he might be able to sell if his shares where available now [which they are not]. There are no benefits for such bidders, but at least they can vote with their money for
something , even if they do not what this something is....It for sure is something stealth related, though.