Maybe it's time to do a proof of burn into a proto-asset that actually trades on the first Bitshares chain. Seems miners don't understand why they'd want to keep mining now that Bitshares has split off.
i stopped ming right after the snapshot. The diff increase the week before cut 2 grand on hardware in half. in 2 more weeks, it drops in half again. This will be impossible for anyone who doesn't have free power. PTS will die because of this massive diff increases. The snapshot and fork made things worse than they should have been. People were not anticipating the diff increase to be so severe. If 2600cpm gave you 1 pts a day a few weeks ago, diff increase the other week cut that that around .3 pts. Next diff increase puts you at .15. Fuck man, it is like they are trying to force people away from PTS. Which i guess makes sense but it wasn't something that was talked about. Now having all this PTS is purely a hope that BTS turns into something worthwhile, and essentially the massive price drop made all the work of mining completely worthless. If you can by a PTS share for 5-6 dollars on the 1st of march, you miss the very first fork but have BTS in everything else once you buy, you basically say "fuck you miners, you got us started and now we are ditching you." I am kind of irritated, i guess i should have been smart enough to understand that concept way before i started mining, but there were so many changes leading up the the snap shot it is just ridiculous. Now, everyone who didn't mine was able to buy massive stake in PTS to gain BTS for all the next DACs that come out. It is not like the bingo and music dacs are going to be something amazing and make any investment worth it.... It is a slap in the face, anyone who mined should have sold at $20, right when the snapshot was announced.
Well, yeah. I had roughly 15 that I was able to sell on Cryptsy, but the other 80 got stuck on beedui.com when they decided to freeze the wallet at 20:00 local time, which I assume is because they had nfc as to when this was actually taking place, otherwise shutting off trading and withdrawing 15 hrs early makes no sense (err, well, unless you plan on taking everyone's stuff and closing the exchange). I transferred them to beedui since there was a bid in place that was approx. 15% higher than what PTS was selling for on cryptsy. By the time it got there (confirmations were slow), the bid was gone. I decided to put an ask up and wait a bit and see if anyone would bite... after about an hr, I decided it was too risky to wait any longer and that's when I noticed that I could no longer withdraw my PTS. LOL.
A lot of people here seem rather blasé about the whole situation. Alas, I'm not loaded with money, so the $1,000 I lost actually has meaning. There is no way in hell that those Bitshares are going to make up for what I lost... and I don't want to hear the crap about how "miners" should be informed. The exchanges, including Cryptsy, didn't even know wtf was going on....... I wouldn't be surprised if the majority of the people on this forum didn't, either. I was planning on selling on the 27th, but I figured there might be a last second rush on the 28th from the ignorant and/or uninformed, so I held longer. However, I still would have sold at a minimum of .023 on Cryptsy, which is a hell of a lot better than .009 or whatever it's at now.
... and, pls, none of the BS about how PTS wasn't meant to be a currency or w/e. I ran a PTS node for 5 months, I ran a memorycoin node for a couple months, I've been posting on these forums for months. The indifference & cavalier attitudes on display here by the ""people in the know"" sure as hell doesn't inspire me going forward. You bet as soon as I'm able to sell those PTS that I'll do so, even if they're at .005.