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Messages - danonthehill

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Does this help:

"Note: sometimes there are multiple input addresses within one transaction, they will be credited AGS proportionally by AGSExplorer.com. When AngelShares genesis block is generated, 3I will randomly pick one of these addresses to credit AGS [?] we will use the first input address (vin[0]) as the donar address. To redeem AGS in the future, you must have private key to your donar addresses. It's convenient just to import the whole wallet since it contains all these donar addresses (along with other irrelevant addresses).

In the balance view, addresses that are Highlighted are your Donar Addresses that will actually be embedded within Gensis Blocks of future Invictus DACs. Other related addresses are found in your transactions, they are used only to virtually combine your addresses together as a "Wallet" for easy lookup view.

For an average user, just make sure you have full control of your whole wallet and import it using Import Tools (in progress) and you will have your shares claimed. For advanced users, make sure you have full control of the private keys of those highlighted donar addresses, and importing them will give you full balances."

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General Discussion / Re: What are Bitshares?
« on: February 25, 2014, 04:24:38 pm »
I understand that Bitshares could represent an over arching concept, and from a branding perspective that this is a good idea, but I think the uses of the word and its many variations, seems to be a point of confusion, as it appears to represent different things in different contexts and, perhaps, historically, different things at different stages of its development as an idea.

I have just invested in AGS, but I am still not entirely sure what I have invested in.  I understand the concept of an angel founder, whether classified as a donor or shareholder.  But are AGS simply a vehicle for obtaining BTS i.e. the BTS being shares in the DAC and future DACS, or are AGS themselves shares in the DAC and future DACS? 

Also once I am allocated AGS, do I have to trade them for BTS?

Another question is I also read that AGS represent shares in the first test chain, and that future snapshots will take place if this fails.  Does this mean my AGS will become valueless at this point? 


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General Discussion / Re: What are Bitshares?
« on: February 25, 2014, 01:06:00 pm »
So what does the "share allocation of BitShares 1.0" represent, shares in nothing in particular 1.0?

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General Discussion / Re: The Significance of what we are doing...
« on: February 25, 2014, 12:40:32 am »
Good answer.

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General Discussion / Re: The Significance of what we are doing...
« on: February 24, 2014, 12:03:49 pm »

Point noted about extreme political views...  Unlike debates with left vs right, communism vs democracy, gay rights, etc all of these views require everyone to adopt their system and threaten to hurt those who do not get with the program.   I merely promote views that don't threaten to hurt anyone.   Though, I suppose most other views by their very nature would threaten to hurt me for not getting with their program.   Look what happened to Jesus for simply telling people to love their enemies, turn the other cheek, give to the poor, go two miles if you are compelled to go one.   

Do you believe that the myth of Jesus is actually true? Would you describe yourself as any of the following: atheist, theist, deist, Christian?  Just so that I can understand exactly where you are coming from.

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General Discussion / What are Bitshares?
« on: February 24, 2014, 11:38:48 am »
1) Shares in a DAC, which is analogous to shares in a traditional company.  Therefore the company will generate a profit from its activities and pay dividends.
2) Shares in a software company i.e. Invictus Innovations.
3) Shares in the profits generated from the adoption of the software which is licensed by Invictus Innovations.
4) Not shares, but another kind of trading instrument, which facilitates trades in other assets.


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General Discussion / Re: Best strategy for PTS/BTC
« on: February 24, 2014, 11:24:51 am »
Still not sure.  Shares of what?

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General Discussion / Re: Why should a DAC be profitable?
« on: February 24, 2014, 11:19:19 am »
Why should a DAC be profitable?
Or can it win the copycats of it, which are non-profitable? What make it more competitive?

Profitable DACs encourage people to hold and save shares in that DAC which pushes the price up.

Isn't this a tautology?

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