if the last block is mined 13/12 hope that take snapshot of next block, if not people buying last day/minute pts will be pissed of

Quote from: clayop on December 13, 2014, 09:13:31 am

Can you clarify the exact time? Will it be about 12/14 11:59 PM UTC?

i like to know exactly too

i read poloniex and bter honor snapshot PTS

but im not sure take out exchange because wallet keep hours delay to update and for make confirmations.. go slowly

I withdrew 69 PTS from Peloniex on 12/11 and my wallet still says 69 unconfirmed shares on 12/13. If these shares are not confirmed by 12/14, then I assume they will miss the snapshot and there is nothing I can do about it, right? What time on 12/14 is the snapshot effective?

Quote from: pc on December 12, 2014, 12:09:35 pm

IMO the problem here is that there is no definition of value. And IMO there can't be such a thing a an absolute, stable measure of value (in the sense of the absolute, stable speed of light). Value is always subjective.

but you can have a stable reference point.. so long as other items are available relative to that.

If you could buy a light bulb in dollar and BTS, then you would have a stable sense of the relative value of those dollar and BTS in terms of light bulbs. What you cannot do is suggest the value of the unit measure because a measure cannot measure itself. Such a relative measure then would help a sense of market direction, certain markets might be overheated and others cool.

So, then the delegates need to provide and vote for a new basket price once a month.