Was this a panic sell or a calculated move? Something tells me that the lower the price goes now, the more bts some people will be able to buy at 20-30M marketcap when bitshares 2 is ready(I'm talking about massive amounts) . You will only need to add a few posts of the "newmine school of thought" and everyone will start to dump, so we will have a massive change of bts ownership.

Quote from: puppies on August 21, 2015, 11:40:59 pm

Quote from: topcandle on August 21, 2015, 10:18:11 pm

It's so dumb that anyone would value brownie points the same as bts when it gets an equal 20%.  There is little distinction in free market value.  But that's exactly what happened.  Dev team is devaluing bitshares with the introduction of brownie points because by that deal, brownie points are worth more right now.  Brownie points goes up in value and bitshares goes down.

This is not a zero sum game.  There is no reason to believe that identabit would have would have given a 40% stake to to bts instead of 20% if brownies did not exist.  They have the right to disperse their digital tokens as they see fit.

I think they would've, especially as it would've meant that they were following the social consensus without any controversy.

Like it or not, Brownie was another wrong step (for us, might be good for BM and CNX). My first post in that thread (on Page 3 IIRC) was pointing out the concern, while all around everyone was busy posting their addresses.

We reap what we sow.

I'm just surprised that there seems to be a lot of heavy BTS selling atm.