106
General Discussion / Re: BitaAssets Ball dropping
« on: January 15, 2015, 07:00:59 am »
BitShares hasn't done the balldrop yet but at the pace things are going I can totally see how BM could be invited as guest star this year
Show Posts
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
107
General Discussion / Re: The bitcoin death spiral has begun?
« on: January 15, 2015, 06:41:00 am »I think if bitcoin drops that low, a new era for other cryptos will start. Bitcoin has been suppressing other alts with superior technology from going further, this might just be an opportunity for that to end and other projects can flourish, or at least, I like to think so.That. The Bitcoin Cult is a collective delusion that prevents people from looking objectively at the crypto landscape. A massive slap in the face is needed to break the spell and force Bitcoin cultists to reassess their beliefs and eventually shift paradigm. Let us hope this crash will be the wake up signal for most of the bitcoiners. Paradoxically, Bitcoin will be doing much better as a currency once people have dropped their unrealistic expectations.
108
General Discussion / Re: NuBits is a Ponzi [BLOG POST]
« on: January 14, 2015, 04:29:05 pm »
As a new comer in the Bitshares community, here is my point of view: it looks desperate and unprofessional to partake in doing mudslinging on competitors. Bitcoin core dev team isn't doing that. RIpple Labs isn't doing that even to Stellar in spite of the fact Stellar ripped off Ripple's code and keeps pulling their leg and badmouthing them. Mudslinging competitors looks lame and unconfident. I don't think Bitshares needs to do that to prevail.
Now I agree about the fact NuBit is a train wreck waiting to happen. But as far as we can tell they still have options and are not yet on the verge of blowing up. Maybe it would have been more politically correct to warn about the excessive leverage and the risk of blow up rather than downright calling them a ponzi scheme.
Now I agree about the fact NuBit is a train wreck waiting to happen. But as far as we can tell they still have options and are not yet on the verge of blowing up. Maybe it would have been more politically correct to warn about the excessive leverage and the risk of blow up rather than downright calling them a ponzi scheme.
109
General Discussion / Re: BTER and the PTS/BTS merger
« on: January 14, 2015, 12:03:41 pm »How about PTS deposited at exchanges?[Updated Cautionary Notes]Be sure to have your PTS & DNS out of the exchanges
and back in your wallets on Nov 5th.
BTER and BTC38 will honor DNS
but will have to stay in business two years to issue them as they vest.
Why ensure that exchanges honor DNS but not PTS?
@ Stan / I3: can you please clarify the above?
When I purchased PTS, the sales pitch was that it was the official sharedrop target of I3 upcoming DACs and the recommanded sharedrop target for future Bitstamp based DACs, it was supposed to receive sharedrops of MUSIC and PLAY, and exchanges such as BTER were supposed to honor all the official sharedrops from I3. I therefore purchased a decent amount of PTS, and deposited it to BTER to let them manage on my behalf the MUSIC and PLAY sharedrop and any other upcoming sharedrop that would potentially occur. I followed the matter until the MUSIC snapshot, did obseve that by balance had been properly snapshotted for MUSIC, and went on with other things (I have a life, and do not have the time to read regularly the forums of everything I invest in).
Two months later, I find that in the meantime:
PTS was stripped from its only meaningful role as official sharedrop target of I3 and recommanded sharedrop target of the future Bitstamp based DACs.
PTS lost most of its value due to the above.
BTER didn't honor the BTS sharedrop on PTS and didn't send me any of the BTS (locked or not) I was supposed to receive folowing the merger.
BTER isn't showing any sign that they are working on it and will eventually (albeit late) honor the BTS sharedrop.
PLAY isn't being shareddropped on PTS anymore unlike what was promised. It's now being sharedrop on PTS, and I'm not getting any of it since I haven't got my BTS from the BTS sharedrop on PTS.
There is no information anywhere including in I3's announcement about whether exchanges are supposed to honor the BTS sharedrop on PTS.
The most puzzling thing is that in the quote from Stan I gave above from the october announcement, it appears that I3 did discuss with BTER and BTC38 to confirm that they were going to honor the BTS sharedrop on DNS, but didn't confirm the same about PTS or at least didn't mention it in the announcement so that neither the exchanges nor the exchange users know if officially exchanges should be honoring the BTS sharedrop on PTS. WTF.
Please clarify
110
General Discussion / Re: BTER and the PTS/BTS merger
« on: December 28, 2014, 02:27:44 pm »In the link you provide, Stan mentions that exchanges will honor DNS but doesn't say a word about PTS.Hi, I am a PTS holder but haven't been following discussions here for a few months and am pretty unsettled and confused by the changes that occured in the Bitshares universe while I wasn't paying attention.
In particular, I am really puzzled about that PTS/BTS merger / airdrop story. I have deposited my PTS on BTER before the MUSIC snapshot and kept my balance there since then as BTER is claiming to honor airdrops. My balance was snapshotted for MUSIC, as well as the snapshots of 5 Nov, 14 Dec and DPOS. However I haven't received any BTS following the recent PTS/BTS merger and have therefore missed out completly on the BTS snapshot for PLAY. I thouht BTER was supposed to honor airdrops on PTS. Did I miss something? Some explanations would be greatly welcome. Thanks.
The BTS for PTS from 11.05 snapshot is vested in for 2 years (linear unlock though 2 years slowly) .
The PLAY from the locked in balance of BTS is supposed to be snapshoted , I think bter just haven process that yet , the snapshot for PLAY is no vest in for two years .
detail : https://bitsharestalk.org/index.php?topic=10844.0
Is there someplace in the forum where BTER is making updates so that I can check what they say about this?
111
General Discussion / Re: October Newsletter - Halloween Edition
« on: December 28, 2014, 02:13:30 pm »How about PTS deposited at exchanges?[Updated Cautionary Notes]Be sure to have your PTS & DNS out of the exchanges
and back in your wallets on Nov 5th.
BTER and BTC38 will honor DNS
but will have to stay in business two years to issue them as they vest.
Why ensure that exchanges honor DNS but not PTS?
112
General Discussion / BTER and the PTS/BTS merger
« on: December 28, 2014, 08:27:32 am »
Hi, I am a PTS holder but haven't been following discussions here for a few months and am pretty unsettled and confused by the changes that occured in the Bitshares universe while I wasn't paying attention.
In particular, I am really puzzled about that PTS/BTS merger / airdrop story. I have deposited my PTS on BTER before the MUSIC snapshot and kept my balance there since then as BTER is claiming to honor airdrops. My balance was snapshotted for MUSIC, as well as the snapshots of 5 Nov, 14 Dec and DPOS. However I haven't received any BTS following the recent PTS/BTS merger and have therefore missed out completly on the BTS snapshot for PLAY. I thouht BTER was supposed to honor airdrops on PTS. Did I miss something? Some explanations would be greatly welcome. Thanks.
In particular, I am really puzzled about that PTS/BTS merger / airdrop story. I have deposited my PTS on BTER before the MUSIC snapshot and kept my balance there since then as BTER is claiming to honor airdrops. My balance was snapshotted for MUSIC, as well as the snapshots of 5 Nov, 14 Dec and DPOS. However I haven't received any BTS following the recent PTS/BTS merger and have therefore missed out completly on the BTS snapshot for PLAY. I thouht BTER was supposed to honor airdrops on PTS. Did I miss something? Some explanations would be greatly welcome. Thanks.
